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VY® JPMorgan Emerging Markets Equity Portfolio
mutual fund
IJPIX
Payout Change
Pending
Price as of:
$12.93
-0.14
-1.07%
primary theme
Emerging Markets Equity
share class
IJPIX (Mutual Fund)
VY® JPMorgan Emerging Markets Equity Portfolio
Payout Change
Pending
Price as of:
$12.93
-0.14
-1.07%
primary theme
Emerging Markets Equity
share class
IJPIX (Mutual Fund)
VY® JPMorgan Emerging Markets Equity Portfolio
Payout Change
Pending
Price as of:
$12.93
-0.14
-1.07%
primary theme
Emerging Markets Equity
share class
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
5.6%
1 yr return
10.5%
3 Yr Avg Return
-6.8%
5 Yr Avg Return
0.7%
Net Assets
$289 M
Holdings in Top 10
35.8%
52 WEEK LOW AND HIGH
$13.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
IJPIX - Profile
Distributions
- YTD Total Return 5.6%
- 3 Yr Annualized Total Return -6.8%
- 5 Yr Annualized Total Return 0.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.64%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVY® JPMorgan Emerging Markets Equity Portfolio
-
Fund Family NameVoya mutual funds
-
Inception DateFeb 18, 1998
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAustin Forey
Fund Description
Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in the equity securities and equity-related instruments of issuers located in at least three countries with emerging securities markets. The Portfolio will provide shareholders with at least 60 days' prior notice of any change in this investment policy. Countries with emerging markets include most countries in the world except Australia, Canada, Japan, New Zealand, the United Kingdom, the U.S., and most of the countries of western Europe. An emerging market company is one: that is organized under the laws of, or has a principal place of business in an emerging market; where the principal securities market is in an emerging market; that derives at least 50% of its total revenues or profits from goods that are produced or sold, investments made, or services performed in an emerging market; or at least 50% of the assets of which are located in an emerging market. Equity securities and equity-related instruments in which the Portfolio may invest include common stocks, preferred stocks, convertible securities, trust or partnership interests, depositary receipts, rights and warrants, participation notes or other structured notes. The Portfolio may also invest to a lesser extent in debt instruments of issuers in countries with emerging markets.Derivatives, which are investments that have a value based on another investment, exchange rate or index, may also be used as substitutes for securities in which the Portfolio can invest. The Portfolio may use futures contracts, options, swaps, and other derivatives as tools in the management of the Portfolio’s assets. The Portfolio may use derivatives to hedge various investments and for risk management.The Portfolio may overweight or underweight countries relative to its benchmark, the MSCI Emerging Markets IndexSM. The Portfolio emphasizes securities that the sub-adviser (the “Sub-Adviser”) believes are undervalued, while underweighting or avoiding securities that appear overvalued. The Portfolio typically maintains full currency exposure to those markets in which it invests. However, the Portfolio may from time to time hedge a portion of its foreign currency exposure into the U.S. dollar. The Portfolio may invest in securities denominated in U.S. dollars, other major reserve currencies (such as the euro, the yen and pound sterling) and currencies of other countries in which it can invest. The Portfolio may also invest in high-quality, short-term money market instruments and repurchase agreements.The Portfolio may invest in high-yield securities which are below investment-grade (commonly referred to as “junk bonds”). The Portfolio may invest in mortgage-related securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers. These may include investments in collateralized mortgage obligations and principal-only and interest-only stripped mortgage-backed securities. The Portfolio may invest in real estate securities, including real estate investment trusts (“REITs”).The Portfolio may also invest in other investment companies, including exchange-traded funds (“ETFs”), to the extent permitted under the Investment Company Act of 1940, as amended, and the rules and regulations thereunder, and under the terms of applicable no-action relief or exemptive orders granted thereunder (the “1940 Act”).Where the capital markets in certain countries are either less developed or not easy to access, the Portfolio may invest in these countries by investing in closed-end investment companies that are authorized to invest in those countries, subject to the limitations of the 1940 Act.In managing the Portfolio, the Sub-Adviser seeks to add value primarily through security selection decisions. Thus, decisions about country weightings are secondary to those about the individual securities, which make up the portfolio. The portfolio managers are primarily responsible for implementing the recommendations of the research analysts, who make their recommendations based on the security ranking system described below.Research analysts use their local expertise to identify, research, and rank companies according to their expected performance. Securities are assessed using a two-part analysis which considers: (1) expected share price returns on a medium-term forward basis (five year expected returns); and (2) longer-term business growth characteristics and qualitative factors (strategic classifications). The Sub-Adviser integrates financially material environmental, social, and governance (“ESG”) factors as part of the Portfolio’s investment process (“ESG integration”). ESG Integration is the systematic inclusion of ESG issues in investment analysis and investment decisions. As part of its investment process, the Sub-Adviser seeks to assess the impact of ESG factors on many issuers in the universe in which the Portfolio may invest. The Sub-Adviser’s assessment is based on an analysis of key opportunities and risks across industries to seek to identify financially material issues with respect to the Portfolio’s investments in securities and ascertain key issues that merit engagement with issuers. These assessments may not be conclusive and securities of issuers that may be negatively impacted by such factors may be purchased and retained by the Portfolio while the Portfolio may divest or not invest in securities of issuers that may be positively impacted by such factors. In particular, ESG Integration does not change the Portfolio’s investment objective, exclude specific types of industries or companies or limit the Portfolio’s investable universe. The Portfolio is not designed for investors who wish to screen out particular types of companies or investments or are looking for funds that meet specific ESG goals.The Sub-Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into opportunities believed to be more promising.The Portfolio may lend portfolio securities on a short-term or long-term basis, up to 30% of its total assets.
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IJPIX - Performance
Return Ranking - Trailing
| Period | IJPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.6% | -11.8% | 39.7% | 79.89% |
| 1 Yr | 10.5% | -7.9% | 41.1% | 78.03% |
| 3 Yr | -6.8%* | -11.5% | 11.3% | 90.40% |
| 5 Yr | 0.7%* | -5.1% | 12.3% | 85.02% |
| 10 Yr | 4.1%* | -1.3% | 6.9% | 41.81% |
* Annualized
Return Ranking - Calendar
| Period | IJPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.8% | -6.5% | 35.5% | 86.22% |
| 2022 | -48.5% | -50.1% | -2.4% | 99.71% |
| 2021 | -16.4% | -33.1% | 22.5% | 88.98% |
| 2020 | 24.0% | -22.1% | 80.1% | 27.27% |
| 2019 | 24.6% | -0.7% | 42.0% | 15.13% |
Total Return Ranking - Trailing
| Period | IJPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.6% | -11.8% | 39.7% | 79.89% |
| 1 Yr | 10.5% | -7.9% | 41.1% | 78.03% |
| 3 Yr | -6.8%* | -11.5% | 11.3% | 90.40% |
| 5 Yr | 0.7%* | -5.1% | 12.3% | 85.02% |
| 10 Yr | 4.1%* | -1.3% | 6.9% | 41.81% |
* Annualized
Total Return Ranking - Calendar
| Period | IJPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.6% | -1.0% | 42.0% | 85.80% |
| 2022 | -26.1% | -42.2% | 1.9% | 75.22% |
| 2021 | -10.0% | -32.5% | 33.1% | 90.84% |
| 2020 | 33.4% | -20.0% | 81.6% | 13.15% |
| 2019 | 31.7% | 2.3% | 42.0% | 2.69% |
NAV & Total Return History
IJPIX - Holdings
Concentration Analysis
| IJPIX | Category Low | Category High | IJPIX % Rank | |
|---|---|---|---|---|
| Net Assets | 289 M | 682 K | 103 B | 61.84% |
| Number of Holdings | 85 | 2 | 7534 | 57.16% |
| Net Assets in Top 10 | 104 M | 290 K | 23.8 B | 58.87% |
| Weighting of Top 10 | 35.82% | 2.9% | 101.1% | 48.01% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 9.44%
- Tencent Holdings Ltd 6.51%
- Samsung Electronics Co Ltd 4.20%
- MercadoLibre Inc 3.21%
- NU Holdings Ltd/Cayman Islands 2.87%
- Banco Bilbao Vizcaya Argentaria SA 2.24%
- SK Hynix Inc 2.06%
- HDFC Bank Ltd 1.78%
- Bank Central Asia Tbk PT 1.76%
- Yum China Holdings Inc 1.76%
Asset Allocation
| Weighting | Return Low | Return High | IJPIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.32% | 0.00% | 103.28% | 16.74% |
| Other | 1.66% | -1.11% | 39.53% | 7.09% |
| Cash | 0.71% | -2.03% | 100.35% | 80.57% |
| Preferred Stocks | 0.00% | 0.00% | 13.31% | 81.13% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 56.86% |
| Bonds | 0.00% | 0.00% | 95.13% | 60.85% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IJPIX % Rank | |
|---|---|---|---|---|
| Technology | 28.14% | 0.00% | 47.50% | 19.68% |
| Financial Services | 25.95% | 0.00% | 48.86% | 17.82% |
| Consumer Cyclical | 13.40% | 0.00% | 48.94% | 34.05% |
| Consumer Defense | 8.91% | 0.00% | 25.90% | 20.26% |
| Communication Services | 7.31% | 0.00% | 39.29% | 71.12% |
| Healthcare | 5.05% | 0.00% | 16.53% | 32.18% |
| Industrials | 4.91% | 0.00% | 43.53% | 68.68% |
| Basic Materials | 3.22% | 0.00% | 30.03% | 85.78% |
| Energy | 2.57% | 0.00% | 24.80% | 74.28% |
| Real Estate | 0.55% | 0.00% | 17.15% | 71.55% |
| Utilities | 0.00% | 0.00% | 39.12% | 86.49% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IJPIX % Rank | |
|---|---|---|---|---|
| Non US | 78.42% | 0.00% | 100.52% | 76.31% |
| US | 20.90% | 0.00% | 100.95% | 16.03% |
IJPIX - Expenses
Operational Fees
| IJPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.50% | 0.03% | 29.98% | 39.12% |
| Management Fee | 1.25% | 0.00% | 2.00% | 96.73% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.80% |
| Administrative Fee | N/A | 0.01% | 0.85% | 61.03% |
Sales Fees
| IJPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| IJPIX 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.
| IJPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 25.00% | 0.00% | 189.00% | 20.63% |
IJPIX - Distributions
Dividend Yield Analysis
| IJPIX | Category Low | Category High | IJPIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.78% | 0.00% | 9.74% | 54.04% |
Dividend Distribution Analysis
| IJPIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| IJPIX | Category Low | Category High | IJPIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.64% | -1.98% | 17.62% | 91.90% |
Capital Gain Distribution Analysis
| IJPIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jul 15, 2024 | $0.102 | OrdinaryDividend |
| Jul 13, 2023 | $0.206 | OrdinaryDividend |
| Jul 13, 2022 | $5.043 | CapitalGainLongTerm |
| Jul 13, 2021 | $0.071 | CapitalGainShortTerm |
| Jul 13, 2021 | $1.908 | CapitalGainLongTerm |
| Jul 13, 2020 | $0.079 | OrdinaryDividend |
| Jul 13, 2020 | $1.494 | CapitalGainLongTerm |
| Jul 12, 2019 | $0.003 | OrdinaryDividend |
| Jul 12, 2019 | $0.056 | CapitalGainShortTerm |
| Jul 12, 2019 | $1.126 | CapitalGainLongTerm |
| Jul 13, 2018 | $0.116 | OrdinaryDividend |
| Jul 14, 2017 | $0.085 | OrdinaryDividend |
| Jul 14, 2016 | $0.173 | OrdinaryDividend |
| Jul 14, 2015 | $1.078 | CapitalGainLongTerm |
| Jul 14, 2015 | $0.196 | OrdinaryDividend |
| Jul 14, 2014 | $1.891 | CapitalGainLongTerm |
| Jul 14, 2014 | $0.180 | OrdinaryDividend |
| Jul 16, 2013 | $0.438 | CapitalGainLongTerm |
| Jul 16, 2013 | $0.173 | OrdinaryDividend |
| Jul 16, 2012 | $0.490 | CapitalGainLongTerm |
| Jul 14, 2011 | $0.693 | CapitalGainLongTerm |
| Jul 14, 2011 | $0.179 | OrdinaryDividend |
| Jul 14, 2010 | $1.220 | CapitalGainLongTerm |
| Jul 14, 2010 | $0.113 | OrdinaryDividend |
| Jul 15, 2009 | $0.215 | OrdinaryDividend |
| Jul 15, 2008 | $0.035 | CapitalGainShortTerm |
| Jul 15, 2008 | $1.198 | CapitalGainLongTerm |
| Jul 15, 2008 | $0.500 | OrdinaryDividend |
| Jul 02, 2007 | $0.013 | CapitalGainShortTerm |
| Jul 02, 2007 | $0.040 | CapitalGainLongTerm |
| Jul 02, 2007 | $0.231 | OrdinaryDividend |
| Jul 03, 2006 | $0.192 | CapitalGainLongTerm |
| Jul 03, 2006 | $0.085 | OrdinaryDividend |
| Jul 01, 2005 | $0.009 | OrdinaryDividend |
IJPIX - Fund Manager Analysis
Managers
Austin Forey
Start Date
Tenure
Tenure Rank
Apr 29, 2005
17.1
17.1%
Austin Forey, managing director, is a Portfolio Manager for JPMorgan Asset Management within the Emerging Markets and Asia Pacific (EMAP) Equities team, based in London. An employee since 1988, Austin has fulfilled his role as a GEM portfolio manager since 1994. Prior to this he worked in the U.K. team, where he was deputy head of U.K. research. Before this, Austin worked as a research analyst covering engineering, and subsequently all financial sectors. Austin obtained a B.A. in Modern Languages from Cambridge University, and earned a Ph.D. in Modern Languages from Cambridge University.
Amit Mehta
Start Date
Tenure
Tenure Rank
Apr 30, 2013
9.09
9.1%
Amit Mehta, executive director, is a portfolio manager responsible for Global Emerging Markets portfolios based in London. An employee since 2011, Amit previously worked at Prusik Investment Management (2009-2011) and Atlantis Investment Management (2007-2009) where he was an Asian equities Analyst and Portfolio Manager. Prior to this he was a Global Emerging Markets Analyst at Aviva Investors (2004-2007) and an Investment Consultant at Mercer Investment Consulting (2000-2004). Amit obtained a Bsc (Hons) in Mathematics from Kings College London. He is a holder of the CFA designation.
Leon Eidelman
Start Date
Tenure
Tenure Rank
Apr 30, 2013
9.09
9.1%
Leon Eidelman, managing director, is a portfolio manager within the Emerging Markets and Asia Pacific (EMAP) Equities team based in New York. An employee since 2002, Leon is a member of the group of global emerging markets portfolio managers responsible for the fundamental, bottom-up portfolios, including the GEM Discovery and GEM Focused strategies. He is lead manager of the GEM Discovery strategy and is a portfolio manager on the GEM Focused strategy. Leon holds a B.A. in Economics with a concentration in Finance from Cornell University and is a CFA Charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.67 | 13.42 |
