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Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
7.5%
1 yr return
17.5%
3 Yr Avg Return
4.9%
5 Yr Avg Return
4.8%
Net Assets
$72.2 M
Holdings in Top 10
29.6%
Expense Ratio 0.58%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Exchange Traded Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund is actively managed and seeks to achieve its investment objective by investing primarily in equity securities selected from a universe of developed market equities, excluding the United States and Canada, that exhibit value characteristics (the “Parent Universe”) based on the selection results of a proprietary, quantitative artificial intelligence (“AI”) model developed by Voya Investment Management Co. LLC (“Voya IM” or the “Sub-Adviser”). AI refers to the simulation of human intelligence by machines. Machine learning is a subset of AI that refers to a machine’s ability to learn and improve from experience automatically without being explicitly programmed.
To be eligible for inclusion in the Parent Universe, a company must (i) be listed on a non-U.S. internationally recognized global stock exchange or regulated public market, (ii) have a market capitalization of at least $100 million, (iii) have an average daily volume of at least $100,000, and (iv) have an average of six months aggregate daily trading volume of 250,000 shares.
The AI model enhances the Fund’s value investing strategy by analyzing a variety of inputs, including company fundamentals and market sentiment, to select equity securities within the Parent Universe that exhibit value characteristics. The AI model seeks to self-identify persistent patterns in company data to identify those it expects to outperform, based on current and historical data spanning more than 20 years, including structured (e.g., financials) and unstructured (e.g., press releases, news articles) data.
The equity securities selected by the AI model typically have a lower price-to-book ratio, a lower price-to-earnings ratio, and greater free cash flow. The AI model is generally updated monthly and typically selects between 60 and 190 equity securities that exhibit strong value characteristics, such as those noted above, and have the greatest potential to achieve income and capital appreciation for inclusion in the Fund. The AI model weights the selected equities based on their overall model scores; however, the AI model limits the weight of any individual company to 6%. The Sub-Adviser oversees the AI model and generally intervenes in limited circumstances to address factors that the Sub-Adviser believes are not incorporated in the AI model, such as responding to corporate actions (e.g., mergers and acquisitions). The Sub-Adviser generally buys and sells equity securities for the Fund on a monthly basis based on the recommendations of the AI model, while also ensuring that the Fund remains in compliance with the Investment Company Act of 1940, as amended, and its rules and regulations. Between AI model updates, the Fund’s portfolio may temporarily include securities of companies that no longer meet the AI model’s investment criteria.
As of June 30, 2024, companies in the Financials and Industrials Sectors comprised a significant portion (e.g., approximately 15% or more) of the Fund’s assets; however, the Fund’s sector exposure may change from time to time.
As of June 30, 2024, the Fund invested a significant portion (e.g., approximately 15% or more) of its assets in the equity securities of companies domiciled in or otherwise tied to, and thus had significant investment exposure to, Europe, particularly the United Kingdom, and Japan, although the Fund’s geographic exposure may change from time to time.
Period | AIVI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.5% | -28.5% | 424400.0% | 0.29% |
1 Yr | 17.5% | -19.1% | 220.8% | 91.55% |
3 Yr | 4.9%* | -6.9% | 18.5% | 58.33% |
5 Yr | 4.8%* | -12.7% | 6.8% | 5.63% |
10 Yr | 3.6%* | -5.8% | 9.4% | 4.02% |
* Annualized
Period | AIVI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.0% | -99.0% | 166.1% | 100.00% |
2022 | -13.7% | -91.9% | 28.2% | 100.00% |
2021 | 3.5% | -7.3% | 20.1% | N/A |
2020 | -5.1% | -100.0% | 7.1% | 100.00% |
2019 | 12.5% | -8.1% | 16.8% | 7.14% |
Period | AIVI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.5% | -28.5% | 15.6% | 96.82% |
1 Yr | 17.5% | -19.1% | 220.8% | 91.59% |
3 Yr | 4.9%* | -6.9% | 20.8% | 58.59% |
5 Yr | 4.8%* | -12.7% | 9.8% | 6.58% |
10 Yr | 3.6%* | -5.8% | 12.7% | 4.60% |
* Annualized
Period | AIVI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.1% | -27.8% | 166.1% | 8.53% |
2022 | -9.8% | -42.2% | 211.0% | 0.30% |
2021 | 9.3% | -7.3% | 20.1% | 2.17% |
2020 | -1.3% | -16.3% | 7.1% | 98.08% |
2019 | 17.6% | -8.1% | 433899.9% | 0.34% |
AIVI | Category Low | Category High | AIVI % Rank | |
---|---|---|---|---|
Net Assets | 72.2 M | 2.21 M | 44.7 B | 83.14% |
Number of Holdings | 121 | 2 | 3900 | 43.47% |
Net Assets in Top 10 | 20.4 M | 530 K | 13.7 B | 77.56% |
Weighting of Top 10 | 29.61% | 7.3% | 99.9% | 50.58% |
Weighting | Return Low | Return High | AIVI % Rank | |
---|---|---|---|---|
Stocks | 98.89% | 75.03% | 100.46% | 6.82% |
Cash | 3.03% | -31.92% | 11.89% | 89.49% |
Preferred Stocks | 0.00% | 0.00% | 1.34% | 39.77% |
Other | 0.00% | -2.35% | 6.11% | 54.26% |
Convertible Bonds | 0.00% | 0.00% | 0.15% | 34.66% |
Bonds | 0.00% | 0.00% | 31.71% | 36.93% |
Weighting | Return Low | Return High | AIVI % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 27.46% | 22.64% |
Technology | 0.00% | 0.00% | 24.16% | 93.70% |
Real Estate | 0.00% | 0.00% | 19.64% | 4.01% |
Industrials | 0.00% | 1.03% | 36.79% | 20.92% |
Healthcare | 0.00% | 0.00% | 23.28% | 65.04% |
Financial Services | 0.00% | 0.00% | 42.76% | 26.36% |
Energy | 0.00% | 0.00% | 26.59% | 80.52% |
Communication Services | 0.00% | 0.00% | 23.78% | 67.05% |
Consumer Defense | 0.00% | 0.00% | 31.84% | 35.24% |
Consumer Cyclical | 0.00% | 0.00% | 27.46% | 81.38% |
Basic Materials | 0.00% | 0.00% | 30.76% | 27.22% |
Weighting | Return Low | Return High | AIVI % Rank | |
---|---|---|---|---|
Non US | 98.33% | 71.47% | 100.46% | 1.42% |
US | 0.56% | 0.00% | 15.02% | 95.45% |
AIVI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.58% | 0.01% | 2.61% | 82.81% |
Management Fee | 0.58% | 0.00% | 1.25% | 24.64% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.47% | N/A |
AIVI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
AIVI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
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.
AIVI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 158.16% | 88.18% |
AIVI | Category Low | Category High | AIVI % Rank | |
---|---|---|---|---|
Dividend Yield | 2.77% | 0.00% | 8.10% | 3.13% |
AIVI | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Quarterly |
AIVI | Category Low | Category High | AIVI % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.18% | 7.85% | 4.42% |
AIVI | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Monthly | Annually |
Date | Amount | Type |
---|---|---|
Sep 25, 2024 | $0.290 | OrdinaryDividend |
Jun 25, 2024 | $1.130 | OrdinaryDividend |
Mar 22, 2024 | $0.195 | OrdinaryDividend |
Dec 22, 2023 | $0.365 | OrdinaryDividend |
Sep 25, 2023 | $0.350 | OrdinaryDividend |
Jun 26, 2023 | $0.965 | OrdinaryDividend |
Mar 27, 2023 | $0.365 | OrdinaryDividend |
Dec 23, 2022 | $0.252 | OrdinaryDividend |
Sep 26, 2022 | $0.360 | OrdinaryDividend |
Jun 24, 2022 | $0.765 | OrdinaryDividend |
Mar 25, 2022 | $0.185 | OrdinaryDividend |
Dec 27, 2021 | $0.333 | OrdinaryDividend |
Sep 24, 2021 | $1.055 | OrdinaryDividend |
Jun 24, 2021 | $0.520 | OrdinaryDividend |
Mar 25, 2021 | $0.407 | OrdinaryDividend |
Dec 21, 2020 | $0.333 | OrdinaryDividend |
Sep 22, 2020 | $0.445 | OrdinaryDividend |
Jun 23, 2020 | $0.430 | OrdinaryDividend |
Mar 24, 2020 | $0.209 | OrdinaryDividend |
Dec 23, 2019 | $0.399 | OrdinaryDividend |
Sep 24, 2019 | $0.475 | OrdinaryDividend |
Jun 24, 2019 | $0.615 | OrdinaryDividend |
Mar 26, 2019 | $0.350 | OrdinaryDividend |
Dec 24, 2018 | $0.291 | OrdinaryDividend |
Sep 25, 2018 | $0.400 | OrdinaryDividend |
Jun 25, 2018 | $0.705 | OrdinaryDividend |
Mar 20, 2018 | $0.199 | OrdinaryDividend |
Dec 26, 2017 | $0.360 | OrdinaryDividend |
Sep 26, 2017 | $0.310 | OrdinaryDividend |
Jun 26, 2017 | $0.705 | OrdinaryDividend |
Mar 27, 2017 | $0.210 | OrdinaryDividend |
Dec 23, 2016 | $0.321 | OrdinaryDividend |
Sep 26, 2016 | $0.240 | OrdinaryDividend |
Jun 20, 2016 | $0.740 | OrdinaryDividend |
Mar 21, 2016 | $0.188 | OrdinaryDividend |
Dec 21, 2015 | $0.284 | OrdinaryDividend |
Sep 21, 2015 | $0.319 | OrdinaryDividend |
Jun 22, 2015 | $0.817 | OrdinaryDividend |
Mar 23, 2015 | $0.190 | OrdinaryDividend |
Dec 19, 2014 | $0.542 | OrdinaryDividend |
Sep 22, 2014 | $0.304 | OrdinaryDividend |
Jun 23, 2014 | $0.876 | OrdinaryDividend |
Mar 24, 2014 | $0.478 | OrdinaryDividend |
Dec 24, 2013 | $0.324 | OrdinaryDividend |
Sep 23, 2013 | $0.312 | OrdinaryDividend |
Jun 24, 2013 | $0.956 | OrdinaryDividend |
Mar 22, 2013 | $0.153 | OrdinaryDividend |
Dec 24, 2012 | $0.281 | OrdinaryDividend |
Sep 24, 2012 | $0.255 | OrdinaryDividend |
Jun 25, 2012 | $1.093 | OrdinaryDividend |
Mar 26, 2012 | $0.279 | OrdinaryDividend |
Dec 21, 2011 | $0.248 | OrdinaryDividend |
Sep 26, 2011 | $0.279 | OrdinaryDividend |
Jun 22, 2011 | $1.036 | OrdinaryDividend |
Mar 21, 2011 | $0.313 | OrdinaryDividend |
Dec 22, 2010 | $0.238 | OrdinaryDividend |
Sep 20, 2010 | $0.285 | OrdinaryDividend |
Jun 28, 2010 | $1.042 | OrdinaryDividend |
Mar 29, 2010 | $0.096 | OrdinaryDividend |
Dec 21, 2009 | $0.172 | OrdinaryDividend |
Sep 21, 2009 | $0.223 | OrdinaryDividend |
Jun 22, 2009 | $1.016 | OrdinaryDividend |
Mar 23, 2009 | $0.163 | OrdinaryDividend |
Dec 22, 2008 | $3.889 | OrdinaryDividend |
Dec 17, 2007 | $1.792 | OrdinaryDividend |
Dec 21, 2006 | $0.221 | OrdinaryDividend |
Dec 21, 2006 | $0.006 | CapitalGainShortTerm |
Start Date
Tenure
Tenure Rank
Jan 07, 2022
0.39
0.4%
Peg DiOrio, CFA, Portfolio Manager, is the head of quantitative equities at Voya IM and serves as a portfolio manager for the active quantitative strategies. Prior to joining Voya IM in 2012, she was a quantitative analyst with Alliance Bernstein/Sanford C. Bernstein for sixteen years where she was responsible for multivariate and time series analysis for low volatility strategies, global equities, REITs and options. Previously she was a senior investment planning analyst with Sanford C. Bernstein.
Start Date
Tenure
Tenure Rank
Jan 07, 2022
0.39
0.4%
Vincent Costa is head of the value and global quantitative equities teams and also serves as a portfolio manager for the active quantitative and fundamental large cap value strategies. Vinnie joined Voya Investment Management (Voya IM) in April 2006 as head of portfolio management for quantitative equity. Prior to joining Voya IM, he managed quantitative equity investments at both Merrill Lynch Investment Management and Bankers Trust Company. He earned a BS in quantitative business analysis from Pennsylvania State University and an MBA in finance from the New York University Stern School of Business, and holds the Chartered Financial Analyst® designation.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.2 | 29.68 | 7.61 | 0.54 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...