VMHAX: Voya Emerging Markets Hard Currency Debt Fund - MutualFunds.com

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Voya Emerging Markets Hard Ccy Dbt A

VMHAX - Snapshot

Vitals

  • YTD Return -2.5%
  • 3 Yr Annualized Return 2.7%
  • 5 Yr Annualized Return 5.9%
  • Net Assets $176 M
  • Holdings in Top 10 37.2%

52 WEEK LOW AND HIGH

$9.59
$7.72
$10.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.89%

SALES FEES

  • Front Load 2.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 55.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare VMHAX to Popular Emerging Markets Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$110.57

-0.36%

$16.08 B

4.66%

$5.17

-2.91%

0.39%

$14.28

-0.07%

$7.10 B

5.07%

$0.72

-5.24%

0.82%

$8.02

0.00%

$6.63 B

5.17%

$0.41

-5.09%

0.84%

$14.68

0.00%

$6.57 B

4.65%

$0.68

-1.21%

0.83%

$10.88

-0.09%

$5.04 B

5.58%

$0.61

-6.45%

0.90%

VMHAX - Profile

Distributions

  • YTD Total Return -2.5%
  • 3 Yr Annualized Total Return 1.8%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Voya Emerging Markets Hard Currency Debt Fund
  • Fund Family Name
    Voya
  • Inception Date
    Aug 01, 2017
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Matthew Toms

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings made for investment purposes) in fixed-income and floating rate debt instruments of governments ("Sovereigns") and governmental entities, agencies, and other issuers the obligations of which are guaranteed by Sovereigns ("Quasi-Sovereigns") of emerging market countries which are denominated in U.S. dollars and foreign hard currencies. It is non-diversified.


VMHAX - Performance

Return Ranking - Trailing

Period VMHAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.5% -27.9% 6.1% 27.32%
1 Yr 1.9% -12.5% 14.3% 35.01%
3 Yr 2.7%* -8.2% 8.9% 30.18%
5 Yr 5.9%* -2.9% 7.9% 23.76%
10 Yr N/A* -2.3% 7.1% N/A

* Annualized

Return Ranking - Calendar

Period VMHAX Return Category Return Low Category Return High Rank in Category (%)
2019 9.2% -9.9% 13.5% 30.55%
2018 -9.5% -31.2% 73.9% 29.66%
2017 N/A -9.1% 14.2% N/A
2016 N/A -9.2% 219.0% N/A
2015 N/A -29.9% 0.9% N/A

Total Return Ranking - Trailing

Period VMHAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.5% -27.9% 6.1% 27.32%
1 Yr -0.7% -13.7% 14.3% 56.58%
3 Yr 1.8%* -8.2% 8.9% 43.20%
5 Yr 5.3%* -2.9% 7.9% 36.63%
10 Yr N/A* -2.3% 6.8% N/A

* Annualized

Total Return Ranking - Calendar

Period VMHAX Return Category Return Low Category Return High Rank in Category (%)
2019 9.2% -9.9% 13.6% 36.02%
2018 -9.5% -31.2% 0.0% 52.29%
2017 N/A 0.0% 17.0% N/A
2016 N/A -9.2% 242.1% N/A
2015 N/A -29.9% 7.1% N/A

NAV & Total Return History


VMHAX - Holdings

Concentration Analysis

VMHAX Category Low Category High VMHAX % Rank
Net Assets 176 M 539 K 16.1 B 51.92%
Number of Holdings 191 3 1334 56.51%
Net Assets in Top 10 18.9 M -100 M 2.05 B 62.60%
Weighting of Top 10 37.20% 1.0% 100.0% 13.65%

Top 10 Holdings

  1. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  2. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  3. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  4. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  5. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  6. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  7. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  8. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  9. Ultra 10 Year US Treasury Note Future Dec 20 8.33%
  10. Ultra 10 Year US Treasury Note Future Dec 20 8.33%

Asset Allocation

Weighting Return Low Return High VMHAX % Rank
Bonds
98.47% 0.00% 217.91% 17.73%
Cash
1.25% -116.30% 103.65% 78.12%
Convertible Bonds
0.28% 0.00% 14.72% 42.66%
Stocks
0.00% -0.01% 6.23% 72.30%
Preferred Stocks
0.00% 0.00% 0.00% 62.88%
Other
0.00% -7.79% 2.12% 63.99%

Bond Sector Breakdown

Weighting Return Low Return High VMHAX % Rank
Government
76.22% 0.00% 99.67% 27.42%
Corporate
19.86% 0.00% 97.77% 50.69%
Cash & Equivalents
3.92% 0.00% 100.00% 59.28%
Derivative
0.00% 0.00% 57.62% 79.78%
Securitized
0.00% 0.00% 2.66% 64.82%
Municipal
0.00% 0.00% 0.00% 62.88%

Bond Geographic Breakdown

Weighting Return Low Return High VMHAX % Rank
Non US
95.14% 0.00% 205.53% 44.04%
US
3.33% -112.14% 217.91% 14.40%

VMHAX - Expenses

Operational Fees

VMHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.89% 0.01% 33.09% 20.92%
Management Fee 0.75% 0.00% 1.50% 71.15%
12b-1 Fee 0.25% 0.00% 1.00% 42.53%
Administrative Fee N/A 0.01% 0.65% N/A

Sales Fees

VMHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 1.50% 5.75% 86.67%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VMHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.50% 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.

VMHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 55.00% 0.00% 312.50% 35.67%

VMHAX - Distributions

Dividend Yield Analysis

VMHAX Category Low Category High VMHAX % Rank
Dividend Yield 0.00% 0.00% 13.81% 64.29%

Dividend Distribution Analysis

VMHAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

VMHAX Category Low Category High VMHAX % Rank
Net Income Ratio 4.31% -0.61% 9.08% 79.44%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

VMHAX - Fund Manager Analysis

Managers

Matthew Toms


Start Date

Tenure

Tenure Rank

May 31, 2013

7.34

7.3%

Matt Toms is chief investment officer of fixed income at Voya Investment Management. In this role, he leads a team of more than 100 investment professionals. Before becoming CIO, Matt was head of public fixed income at Voya Investment Management, overseeing the investment teams responsible for investment grade corporate, high yield corporate, structured products, mortgage-backed securities, emerging market debt and money market strategies for Voya’s general account and third-party business. In this capacity, Matt led the fixed income investment strategy and portfolio management process in close partnership with Christine Hurtsellers, former CIO of fixed income and now chief executive officer of Voya Investment Management; he also served as a lead portfolio manager on many of Voya's multi-sector fixed income strategies. Prior to joining the firm, Matt worked with Calamos Investments, where he established and grew their fixed income business. He also has prior experience with Northern Trust and Lincoln National within both public and private corporate markets as well as across multi-sector and global bond portfolio management. Matt received a BBA from the University of Michigan and holds the Chartered Financial Analyst® designation

Jean-Dominique Bütikofer


Start Date

Tenure

Tenure Rank

Oct 01, 2014

6.0

6.0%

Jean-Dominique Bütikofer, CFA, Portfolio Manager, is Head of Emerging Markets for Voya IM’s fixed-income team. Mr. Bütikofer directs the investment strategy for Emerging Markets, including sovereign and corporate debt, macro analysis, country research, sovereign risk, currencies, local rates and asset allocation across sub asset-classes. Prior to joining Voya IM in 2014, he served as the head of emerging markets fixed income — macro, sovereign and currencies — for Union Bancaire Privee (UBP Investment Management) in Zurich (2006-2014).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 25.77 5.42 6.18