IAVAX: Voya Solution Aggressive A

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IAVAX Voya Solution Aggressive A


Profile

IAVAX - Profile

Vitals

  • YTD Return -9.6%
  • 3 Yr Annualized Return -1.6%
  • 5 Yr Annualized Return -1.5%
  • Net Assets $18.2 M
  • Holdings in Top 10 70.9%

52 WEEK LOW AND HIGH

$11.83
$8.72
$13.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 85.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -9.6%
  • 3 Yr Annualized Total Return -1.0%
  • 5 Yr Annualized Total Return 1.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.96%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Voya Solution Aggressive Portfolio
  • Fund Family Name
    Voya
  • Inception Date
    May 01, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Zemsky

Fund Description

The Portfolio invests primarily in a combination of underlying funds, which are actively managed funds or passively managed funds. The underlying funds may or may not be affiliated with the investment adviser. The underlying funds invest in U.S. stocks, international stocks, U.S. bonds, and other debt instruments and the Portfolio uses an asset allocation strategy designed for investors saving for retirement. The Portfolio's current approximate target investment allocation (expressed as a percentage of its net assets) among the underlying funds is: 95% in equity securities and 5% in debt instruments.


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Categories

Performance

IAVAX - Performance

Return Ranking - Trailing

Period IAVAX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.6% -42.4% 8.6% 59.78%
1 Yr -6.3% -49.9% 20.8% 78.19%
3 Yr -1.6%* -29.7% 23.5% 54.72%
5 Yr -1.5%* -21.5% 20.1% 61.85%
10 Yr N/A* -8.7% 17.0% N/A

* Annualized

Return Ranking - Calendar

Period IAVAX Return Category Return Low Category Return High Rank in Category (%)
2019 14.0% -22.7% 66.4% 75.28%
2018 -15.4% -64.5% 6.7% 57.64%
2017 19.6% -38.9% 80.9% 12.83%
2016 -0.2% -26.1% 25.7% 89.10%
2015 -6.4% -45.6% 13.2% 59.52%

Total Return Ranking - Trailing

Period IAVAX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.6% -42.4% 8.6% 59.78%
1 Yr -6.3% -49.9% 20.8% 78.19%
3 Yr -1.0%* -24.8% 23.5% 68.58%
5 Yr 1.4%* -20.8% 20.1% 59.85%
10 Yr N/A* -6.9% 17.0% N/A

* Annualized

Total Return Ranking - Calendar

Period IAVAX Return Category Return Low Category Return High Rank in Category (%)
2019 14.0% -21.6% 66.4% 75.41%
2018 -15.4% -64.5% 6.7% 72.84%
2017 21.7% -20.0% 80.9% 18.71%
2016 6.9% -23.9% 32.0% 48.18%
2015 -1.0% -45.6% 13.2% 29.93%

NAV & Total Return History


Holdings

IAVAX - Holdings

Concentration Analysis

IAVAX Category Low Category High IAVAX % Rank
Net Assets 18.2 M 32.2 K 99.6 B 81.33%
Number of Holdings 22 1 9854 50.30%
Net Assets in Top 10 11.5 M -97.9 M 28.3 B 81.01%
Weighting of Top 10 70.92% 9.8% 109.6% 60.31%

Top 10 Holdings

  1. Voya Multi-Manager International Eq I 10.46%
  2. Voya US Stock Index Port I 10.03%
  3. VY® Invesco Comstock I 7.49%
  4. VY® T. Rowe Price Growth Equity I 7.48%
  5. Vanguard Russell 1000 Growth ETF 6.53%
  6. Voya Multi-Manager Mid Cap Value I 6.44%
  7. Vanguard Value ETF 6.01%
  8. Voya Multi-Manager Emerging Markets Eq I 5.90%
  9. Voya Multi-Manager Intl Factors I 5.51%
  10. VY® T. Rowe Price Capital Apprec I 5.07%

Asset Allocation

Weighting Return Low Return High IAVAX % Rank
Stocks
94.94% 80.06% 259.02% 24.88%
Cash
2.53% -108.02% 17.75% 56.07%
Bonds
2.08% -235.37% 31.52% 63.34%
Preferred Stocks
0.32% 0.00% 9.79% 11.17%
Other
0.13% -2.38% 73.59% 27.12%
Convertible Bonds
0.00% 0.00% 8.12% 89.93%

Stock Sector Breakdown

Weighting Return Low Return High IAVAX % Rank
Technology
18.33% 0.00% 51.17% 27.08%
Financial Services
14.22% 0.00% 49.38% 59.87%
Healthcare
13.89% 0.00% 54.60% 42.26%
Industrials
12.26% 0.00% 47.20% 25.68%
Consumer Cyclical
11.17% 0.00% 32.90% 20.40%
Communication Services
8.32% 0.00% 68.40% 57.86%
Consumer Defense
6.79% 0.00% 32.33% 66.61%
Real Estate
5.77% 0.00% 43.71% 40.38%
Utilities
3.25% 0.00% 83.02% 53.31%
Basic Materials
3.04% 0.00% 36.18% 78.26%
Energy
2.95% 0.00% 85.32% 73.22%

Stock Geographic Breakdown

Weighting Return Low Return High IAVAX % Rank
US
70.45% -0.49% 77.34% 3.34%
Non US
24.49% 16.60% 207.18% 93.02%

Bond Sector Breakdown

Weighting Return Low Return High IAVAX % Rank
Cash & Equivalents
55.90% -0.92% 100.00% 35.42%
Corporate
33.98% 0.00% 100.00% 8.16%
Government
9.64% 0.00% 100.00% 64.64%
Securitized
0.48% 0.00% 53.54% 64.52%
Derivative
0.00% -0.66% 93.21% 85.09%
Municipal
0.00% 0.00% 38.51% 86.12%

Bond Geographic Breakdown

Weighting Return Low Return High IAVAX % Rank
US
1.97% -0.51% 30.44% 63.71%
Non US
0.11% -0.85% 6.41% 64.75%

Expenses

IAVAX - Expenses

Operational Fees

IAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.01% 45.88% 48.65%
Management Fee 0.23% 0.00% 1.50% 51.99%
12b-1 Fee 0.50% 0.00% 1.00% 74.30%
Administrative Fee N/A 0.01% 0.70% 60.10%

Sales Fees

IAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

IAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

IAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 85.00% 0.00% 614.00% 87.90%

Distributions

IAVAX - Distributions

Dividend Yield Analysis

IAVAX Category Low Category High IAVAX % Rank
Dividend Yield 0.00% 0.00% 30.22% 67.66%

Dividend Distribution Analysis

IAVAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

IAVAX Category Low Category High IAVAX % Rank
Net Income Ratio 0.96% -7.55% 13.14% 76.84%

Capital Gain Distribution Analysis

IAVAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

IAVAX - Fund Manager Analysis

Managers

Paul Zemsky


Start Date

Tenure

Tenure Rank

May 01, 2013

7.0

7.0%

Paul Zemsky is the chief investment officer and founder of the Multi-Asset Strategies and Solutions Team (MASS) at Voya Investment Management. He is responsible for the firm’s suite of value-added, customized and off-the-shelf products and solutions that are supported by the team’s asset allocation, manager research, quantitative research, portfolio implementation and multi-manager capabilities. Prior to joining the firm, he co-founded CaliberOne Private Funds Management, a macro hedge fund. Paul began his career at JPMorgan Investment Management, where he held a number of key positions, including head of investments for over $300 Billion of Fixed Income assets. Paul is a member of the firm’s Management Committee and a board member of Pomona Capital. He holds a dual degree in finance and electrical engineering from the Management and Technology Program at the University of Pennsylvania and holds the Chartered Financial Analyst® designation.

Halvard Kvaale


Start Date

Tenure

Tenure Rank

May 01, 2013

7.0

7.0%

Halvard Kvaale is head of manager research and selection for Multi-Asset Strategies and Solutions (MASS) at Voya Investment Management. Prior to joining the firm, Halvard was managing director and head of Morgan Stanley Smith Barney consulting group’s portfolio advisory services group. In this role, he was responsible for the management of the firm’s discretionary programs within Morgan Stanley Smith Barney overseeing more than $26 billion. Upon joining Morgan Stanley, he served as the head of global advisor research in the consulting services group overseeing the research and due diligence of third party investment managers. Previously, he served as the head of global manager research and fee-based advisory solutions at Deutsche Bank, and at Prudential Investments he managed the third party consulting programs, ran the investment management analysis unit and the senior consulting group. Halvard graduated from the Norwegian School of Management with an MS in general business, and graduated Summa Cum Laude with an MS in investing from San Francisco State University. Halvard holds a Certified Investment Management Analyst (CIMA) designation from the Wharton School of Business.

Barbara Reinhard


Start Date

Tenure

Tenure Rank

Sep 30, 2019

0.58

0.6%

Barbara Reinhard CFA, Portfolio Manager, joined Voya in 2016. Ms. Reinhard is the head of asset allocation for Multi-Asset Strategies and Solutions (“MASS”) at Voya Investment Management. In this role, she is responsible for strategic and tactical asset allocation decisions for the MASS team’s multi-asset strategies. Prior to joining Voya, Ms. Reinhard was the chief investment officer for Credit Suisse Private Bank in the Americas from 2011 to 2016. In that role, she managed discretionary multi-asset portfolios, was a member of the global asset allocation committee, and the pension investment committee. Prior to that, Ms. Reinhard spent 20 years of her career at Morgan Stanley.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 37.68 4.83 0.33