VACFX: Voya Investment Grade Credit A

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VACFX Voya Investment Grade Credit A


Profile

VACFX - Profile

Vitals

  • YTD Return 1.9%
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return N/A
  • Net Assets $164 M
  • Holdings in Top 10 27.1%

52 WEEK LOW AND HIGH

$11.35
$10.39
$11.47

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.10%

SALES FEES

  • Front Load 2.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 501.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.23%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Voya Investment Grade Credit Fund A
  • Fund Family Name
    Voya
  • Inception Date
    Aug 03, 2016
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Anil Katarya

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in investment-grade fixed-income securities. Investment-grade fixed-income securities are securities rated at least BBB- by S&P Global Ratings, or Baa3 by Moody's Investors Service, Inc., or BBB- by Fitch Ratings, or have an equivalent rating by a Nationally Recognized Statistical Rating Organization ("NRSRO"), or are deemed by the sub-adviser to be of comparable quality if unrated.


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Categories

Performance

VACFX - Performance

Return Ranking - Trailing

Period VACFX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -1.4% 7.5% 5.23%
1 Yr 9.8% -1.0% 79.9% 7.95%
3 Yr 1.7%* -4.9% 21.6% 43.40%
5 Yr N/A* -5.8% 12.5% 0.75%
10 Yr N/A* -8.5% 8.1% 1.34%

* Annualized

Return Ranking - Calendar

Period VACFX Return Category Return Low Category Return High Rank in Category (%)
2019 8.9% -1.7% 83.9% 4.42%
2018 -6.7% -12.4% 0.8% 97.15%
2017 1.9% -6.0% 17.1% 24.12%
2016 N/A -58.1% 8.6% N/A
2015 N/A -18.3% 3.0% N/A

Total Return Ranking - Trailing

Period VACFX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -1.4% 7.5% 5.23%
1 Yr 9.8% -1.0% 79.9% 7.14%
3 Yr 1.7%* -4.9% 21.6% 49.67%
5 Yr N/A* -5.8% 12.5% 1.20%
10 Yr N/A* -8.5% 8.1% 1.97%

* Annualized

Total Return Ranking - Calendar

Period VACFX Return Category Return Low Category Return High Rank in Category (%)
2019 8.9% -1.7% 83.9% 4.52%
2018 -6.7% -11.7% 6.5% 97.58%
2017 1.9% -6.0% 27.0% 35.46%
2016 N/A -58.1% 10.7% N/A
2015 N/A -14.6% 4.2% N/A

NAV & Total Return History


Holdings

VACFX - Holdings

Concentration Analysis

VACFX Category Low Category High VACFX % Rank
Net Assets 164 M 688 K 249 B 77.88%
Number of Holdings 392 1 17590 40.86%
Net Assets in Top 10 15.6 M -216 M 23.5 B 89.26%
Weighting of Top 10 27.06% 2.3% 144.8% 35.35%

Top 10 Holdings

  1. 2 Year Treasury Note Future Mar20 5.55%
  2. Ultra 10 Year US Treasury Note Future Mar20 4.91%
  3. Future on US 5 Year Note (CBT) 3.85%
  4. Future on US 10 Year Note (CBT) 3.62%
  5. Future on U.S. Treasury Bond 3.34%
  6. The Toronto-Dominion Bank 1.9% 1.38%
  7. Wells Fargo & Company 2.41% 1.16%
  8. JPMorgan Chase & Co. 2.3% 1.14%
  9. FiServ Inc. 2.75% 1.06%
  10. BNP Paribas 2.82% 1.05%

Asset Allocation

Weighting Return Low Return High VACFX % Rank
Bonds
98.54% 80.34% 160.64% 37.52%
Convertible Bonds
3.72% 0.00% 6.13% 1.71%
Preferred Stocks
0.40% 0.00% 7.32% 4.98%
Stocks
0.00% -17.64% 26.05% 89.69%
Other
0.00% -8.60% 31.28% 86.34%
Cash
-2.65% -60.64% 19.31% 92.92%

Bond Sector Breakdown

Weighting Return Low Return High VACFX % Rank
Corporate
85.94% 0.00% 99.29% 2.95%
Government
11.18% 0.00% 100.00% 43.31%
Securitized
2.40% 0.00% 97.31% 49.11%
Cash & Equivalents
0.48% -26.49% 20.89% 78.24%
Derivative
0.00% 0.00% 22.94% 91.15%
Municipal
0.00% 0.00% 100.00% 97.08%

Bond Geographic Breakdown

Weighting Return Low Return High VACFX % Rank
US
84.90% 61.83% 160.64% 76.17%
Non US
13.64% -27.08% 26.76% 11.84%

Expenses

VACFX - Expenses

Operational Fees

VACFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.00% 209.96% 27.60%
Management Fee 0.50% 0.00% 1.25% 89.43%
12b-1 Fee 0.25% 0.00% 1.00% 58.72%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

VACFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 0.50% 5.75% 76.07%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

VACFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

VACFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 501.00% 0.00% 2053.00% 98.03%

Distributions

VACFX - Distributions

Dividend Yield Analysis

VACFX Category Low Category High VACFX % Rank
Dividend Yield 0.75% 0.00% 5.21% 31.41%

Dividend Distribution Analysis

VACFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

VACFX Category Low Category High VACFX % Rank
Net Income Ratio 3.23% 0.00% 6.30% 16.83%

Capital Gain Distribution Analysis

VACFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

VACFX - Fund Manager Analysis

Managers

Anil Katarya


Start Date

Tenure

Tenure Rank

May 31, 2013

6.59

6.6%

Anil Katarya, CFA Co-Head of Investment Grade Credit Anil Katarya is co-head of investment grade credit and senior portfolio manager at Voya Investment Management. Previously, Anil was the head of credit portfolio management and also served as a portfolio manager and credit analyst on the investment grade team since joining Voya in 2000. Prior to joining the firm, Anil was a financial analyst for Mirant Inc. He received a BS in mechanical engineering from Kurukshetra University, India, and an MBA from Georgia State University. Anil holds the Chartered Financial Analyst® designation.

Travis King


Start Date

Tenure

Tenure Rank

May 31, 2013

6.59

6.6%

Travis King, CFA Co-Head of Investment Grade Credit Travis King is co-head of investment grade credit at Voya Investment Management. Prior to joining the firm, he was a senior fixed income analyst with Reams Asset Management. Travis received a BBA from James Madison University and an MBA from Memorial University. He holds the Chartered Financial Analyst® designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.1 7.64 0.67