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VY® T. Rowe Price Equity Income Portfolio
mutual fund
ITETX
Payout Change
Pending
Price as of:
$10.67
-0.03
-0.28%
primary theme
U.S. Large-Cap Value Equity
share class
ITETX (Mutual Fund)
VY® T. Rowe Price Equity Income Portfolio
Payout Change
Pending
Price as of:
$10.67
-0.03
-0.28%
primary theme
U.S. Large-Cap Value Equity
share class
ITETX (Mutual Fund)
VY® T. Rowe Price Equity Income Portfolio
Payout Change
Pending
Price as of:
$10.67
-0.03
-0.28%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 12/13/2024Price
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
14.0%
1 yr return
14.5%
3 Yr Avg Return
7.3%
5 Yr Avg Return
9.1%
Net Assets
$365 M
Holdings in Top 10
20.3%
52 WEEK LOW AND HIGH
$10.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.04%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 19.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
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
ITETX - Profile
Distributions
- YTD Total Return 14.0%
- 3 Yr Annualized Total Return 7.3%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.32%
- Dividend Yield 0.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameVY® T. Rowe Price Equity Income Portfolio
-
Fund Family NameVoya mutual funds
-
Inception DateSep 09, 2002
-
Shares OutstandingN/A
-
Share ClassS2
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Linehan
Fund Description
Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in common stocks, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued.While most of the Portfolio's assets will be invested in U.S. common stocks, it may also invest in other securities, including convertible securities, warrants, preferred stocks, foreign (non-U.S.) securities, debt instruments, including high-yield debtinstruments commonly referred to as “junk bonds,” and futures and options in keeping with its objectives. Futures and options contracts may be bought or sold for any number of reasons, including to manage exposure to changes in securities prices, foreign currencies, and credit quality; as an efficient means of increasing or decreasing the Portfolio’s exposure to a specific part or broad segment of the U.S. market or a foreign market; in an effort to enhance income; to protect the value of portfolio securities; and to serve as a cash management tool. The Portfolio generally seeks investments in large capitalization companies and the Portfolio’s yield, which reflects the level of dividends paid by the Portfolio, is expected to normally exceed the yield of the Russell 1000® Value Index (the “Index”). In pursuing its investment objective, the sub-adviser (the “Sub-Adviser”) has the discretion to purchase some securities that do not meet its normal investment criteria, as described above, when it perceives an unusual opportunity for gain. These special situations might arise when the Sub-Adviser believes a security could increase in value for a variety of reasons including a change in management, an extraordinary corporate event, a new product introduction or innovation, or a favorable competitive development. The Portfolio may at times invest significantly in certain sectors, including the financials and health care sectors. The Portfolio may also invest in shares of affiliated and internally managed money market funds of T. Rowe Price. The Portfolio may also invest in U.S. and foreign dollar-denominated money market securities and U.S. dollar and non-U.S. dollar currencies.The Portfolio may invest in real estate-related 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 Sub-Adviser typically employs a “value” approach in selecting investments. The Sub-Adviser's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor, but have good prospects for capital appreciation and dividend growth.In selecting investments, the Sub-Adviser generally looks for companies, in the aggregate, with one or more of the following: an established operating history; above-average dividend yield relative to the broader equity market; low price/earnings ratio relative to the broader equity market; a sound balance sheet and other positive financial characteristics; and low stock price relative to a company's underlying value as measured by assets, cash flow or business franchises.The Sub-Adviser integrates environmental, social, and governance (“ESG”) factors into its investment research process for certain investments. While ESG matters vary widely, the Sub-Adviser generally considers ESG factors such as climate change, resource depletion, labor standards, diversity, human rights issues, and governance structure and practices. For certain types of investments, including, but not limited to, cash, currency positions, and particular types of derivatives, an ESG analysis may not be relevant or possible due to a lack of data. Where ESG considerations are integrated into the investment research process, the Sub-Adviser focuses on the ESG factors it considers most likely to have a material impact on the performance of the holdings in the Portfolio’s portfolio. The Sub-Adviser may conclude that other attributes of an investment outweigh ESG considerations when making investment decisions for the Portfolio.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 33 1∕3% of its total assets.
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ITETX - Performance
Return Ranking - Trailing
| Period | ITETX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.0% | -12.3% | 48.1% | 66.20% |
| 1 Yr | 14.5% | -7.1% | 60.7% | 68.91% |
| 3 Yr | 7.3%* | -4.2% | 31.7% | 60.02% |
| 5 Yr | 9.1%* | 0.1% | 45.6% | 65.93% |
| 10 Yr | 8.6%* | 1.8% | 25.4% | 64.06% |
* Annualized
Return Ranking - Calendar
| Period | ITETX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.8% | -16.9% | 46.1% | 83.97% |
| 2022 | -15.8% | -64.7% | 4.6% | 79.39% |
| 2021 | 21.4% | -44.2% | 57.5% | 25.34% |
| 2020 | -5.2% | -23.2% | 285.0% | 86.36% |
| 2019 | -6.9% | -21.4% | 48.5% | 99.38% |
Total Return Ranking - Trailing
| Period | ITETX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.0% | -12.3% | 48.1% | 66.20% |
| 1 Yr | 14.5% | -7.1% | 60.7% | 68.91% |
| 3 Yr | 7.3%* | -4.2% | 31.7% | 60.02% |
| 5 Yr | 9.1%* | 0.1% | 45.6% | 65.93% |
| 10 Yr | 8.6%* | 1.8% | 25.4% | 64.06% |
* Annualized
Total Return Ranking - Calendar
| Period | ITETX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.1% | -15.9% | 46.7% | 66.92% |
| 2022 | -3.6% | -42.0% | 8.5% | 30.67% |
| 2021 | 25.2% | 3.6% | 129.7% | 59.30% |
| 2020 | 0.8% | -22.6% | 304.8% | 70.21% |
| 2019 | 26.1% | -12.7% | 52.1% | 42.15% |
NAV & Total Return History
ITETX - Holdings
Concentration Analysis
| ITETX | Category Low | Category High | ITETX % Rank | |
|---|---|---|---|---|
| Net Assets | 365 M | 126 K | 163 B | 69.07% |
| Number of Holdings | 123 | 2 | 1727 | 25.05% |
| Net Assets in Top 10 | 72.4 M | 466 K | 39.5 B | 74.58% |
| Weighting of Top 10 | 20.30% | 4.4% | 99.1% | 87.08% |
Top 10 Holdings
- Elevance Health Inc 2.26%
- Southern Co/The 2.23%
- MetLife Inc 2.08%
- General Electric Co 2.06%
- Chubb Ltd 2.05%
- TotalEnergies SE 2.03%
- Wells Fargo Co 1.99%
- QUALCOMM Inc 1.95%
- American International Group Inc 1.84%
- L3Harris Technologies Inc 1.81%
Asset Allocation
| Weighting | Return Low | Return High | ITETX % Rank | |
|---|---|---|---|---|
| Stocks | 97.80% | 4.16% | 102.49% | 57.94% |
| Preferred Stocks | 1.12% | 0.00% | 13.68% | 5.14% |
| Cash | 0.77% | 0.00% | 17.28% | 68.60% |
| Convertible Bonds | 0.34% | 0.00% | 3.66% | 2.91% |
| Other | 0.31% | -2.59% | 39.89% | 16.07% |
| Bonds | 0.00% | 0.00% | 97.99% | 62.52% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ITETX % Rank | |
|---|---|---|---|---|
| Financial Services | 20.99% | 0.00% | 58.05% | 32.83% |
| Healthcare | 18.47% | 0.00% | 30.08% | 39.62% |
| Industrials | 9.80% | 0.00% | 42.76% | 67.17% |
| Utilities | 9.74% | 0.00% | 27.04% | 6.32% |
| Technology | 7.94% | 0.00% | 54.02% | 81.60% |
| Consumer Defense | 7.39% | 0.00% | 34.10% | 66.04% |
| Energy | 7.09% | 0.00% | 54.00% | 66.04% |
| Consumer Cyclical | 5.47% | 0.00% | 22.74% | 53.58% |
| Real Estate | 4.85% | 0.00% | 90.54% | 20.09% |
| Communication Services | 4.40% | 0.00% | 26.58% | 69.53% |
| Basic Materials | 3.85% | 0.00% | 21.69% | 38.30% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ITETX % Rank | |
|---|---|---|---|---|
| US | 92.89% | 4.16% | 102.49% | 77.57% |
| Non US | 4.91% | 0.00% | 24.08% | 15.98% |
ITETX - Expenses
Operational Fees
| ITETX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.03% | 14.82% | 38.37% |
| Management Fee | 0.64% | 0.00% | 1.50% | 64.39% |
| 12b-1 Fee | 0.40% | 0.00% | 1.00% | 60.92% |
| Administrative Fee | N/A | 0.00% | 0.50% | 42.61% |
Sales Fees
| ITETX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| ITETX 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.
| ITETX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 19.00% | 0.00% | 488.00% | 19.67% |
ITETX - Distributions
Dividend Yield Analysis
| ITETX | Category Low | Category High | ITETX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.14% | 0.00% | 16.67% | 71.66% |
Dividend Distribution Analysis
| ITETX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| ITETX | Category Low | Category High | ITETX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.32% | -1.51% | 4.28% | 51.48% |
Capital Gain Distribution Analysis
| ITETX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jul 15, 2024 | $0.007 | OrdinaryDividend |
| Jul 15, 2024 | $0.046 | CapitalGainShortTerm |
| Jul 15, 2024 | $0.472 | CapitalGainLongTerm |
| Dec 26, 2023 | $0.168 | OrdinaryDividend |
| Jul 13, 2023 | $0.001 | OrdinaryDividend |
| Jul 13, 2023 | $0.024 | CapitalGainShortTerm |
| Jul 13, 2023 | $0.584 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.182 | OrdinaryDividend |
| Jul 13, 2022 | $0.001 | OrdinaryDividend |
| Jul 13, 2022 | $0.107 | CapitalGainShortTerm |
| Jul 13, 2022 | $1.050 | CapitalGainLongTerm |
| Dec 29, 2021 | $0.153 | OrdinaryDividend |
| Jul 13, 2021 | $0.012 | OrdinaryDividend |
| Jul 13, 2021 | $0.185 | CapitalGainLongTerm |
| Dec 30, 2020 | $0.172 | OrdinaryDividend |
| Jul 13, 2020 | $0.228 | OrdinaryDividend |
| Jul 13, 2020 | $0.087 | CapitalGainShortTerm |
| Jul 13, 2020 | $0.034 | CapitalGainLongTerm |
| Dec 09, 2019 | $0.232 | OrdinaryDividend |
| Dec 09, 2019 | $0.030 | CapitalGainShortTerm |
| Dec 09, 2019 | $1.901 | CapitalGainLongTerm |
| Jul 12, 2019 | $0.049 | OrdinaryDividend |
| Jul 12, 2019 | $0.020 | CapitalGainShortTerm |
| Jul 12, 2019 | $1.193 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.218 | OrdinaryDividend |
| Jul 13, 2018 | $0.035 | OrdinaryDividend |
| Jul 13, 2018 | $0.061 | CapitalGainShortTerm |
| Jul 13, 2018 | $2.161 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.219 | OrdinaryDividend |
| Jul 14, 2017 | $0.059 | OrdinaryDividend |
| Jul 14, 2017 | $1.104 | CapitalGainLongTerm |
| Dec 29, 2016 | $0.239 | OrdinaryDividend |
| Jul 14, 2016 | $0.043 | OrdinaryDividend |
| Jul 14, 2016 | $1.413 | CapitalGainLongTerm |
| Dec 29, 2015 | $0.242 | OrdinaryDividend |
| Jul 14, 2015 | $0.046 | OrdinaryDividend |
| Jul 14, 2015 | $0.014 | CapitalGainShortTerm |
| Jul 14, 2015 | $1.945 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.243 | OrdinaryDividend |
| Jul 14, 2014 | $0.040 | CapitalGainShortTerm |
| Jul 14, 2014 | $1.183 | CapitalGainLongTerm |
| Jul 14, 2014 | $0.049 | OrdinaryDividend |
| Dec 27, 2013 | $0.188 | ExtraDividend |
| Dec 27, 2013 | $0.188 | OrdinaryDividend |
| Jul 16, 2013 | $0.011 | CapitalGainLongTerm |
| Jul 16, 2013 | $0.047 | OrdinaryDividend |
| Dec 27, 2012 | $0.212 | ExtraDividend |
| Jul 16, 2012 | $0.029 | OrdinaryDividend |
| Dec 28, 2011 | $0.185 | ExtraDividend |
| Jul 14, 2011 | $0.036 | OrdinaryDividend |
| Dec 29, 2010 | $0.139 | ExtraDividend |
| Jul 14, 2010 | $0.031 | OrdinaryDividend |
| Dec 29, 2009 | $0.133 | ExtraDividend |
| Jul 15, 2009 | $0.018 | OrdinaryDividend |
| Dec 29, 2008 | $0.246 | OrdinaryDividend |
| Jul 15, 2008 | $0.063 | CapitalGainShortTerm |
| Jul 15, 2008 | $1.007 | CapitalGainLongTerm |
| Jul 15, 2008 | $0.231 | OrdinaryDividend |
| Jul 02, 2007 | $0.051 | CapitalGainShortTerm |
| Jul 02, 2007 | $0.520 | CapitalGainLongTerm |
| Jul 02, 2007 | $0.206 | OrdinaryDividend |
| Jul 03, 2006 | $0.084 | CapitalGainShortTerm |
| Jul 03, 2006 | $0.534 | CapitalGainLongTerm |
| Jul 03, 2006 | $0.196 | OrdinaryDividend |
| Jul 01, 2005 | $0.067 | CapitalGainShortTerm |
| Jul 01, 2005 | $0.255 | CapitalGainLongTerm |
| Jul 01, 2005 | $0.153 | OrdinaryDividend |
| Dec 17, 2004 | $0.036 | CapitalGainShortTerm |
| Dec 17, 2004 | $0.032 | CapitalGainLongTerm |
| Dec 17, 2004 | $0.120 | OrdinaryDividend |
| Dec 19, 2003 | $0.003 | CapitalGainShortTerm |
| Dec 19, 2003 | $0.011 | CapitalGainLongTerm |
| Dec 19, 2003 | $0.025 | OrdinaryDividend |
ITETX - Fund Manager Analysis
Managers
John Linehan
Start Date
Tenure
Tenure Rank
Nov 30, 2015
6.5
6.5%
John Linehan is the portfolio manager for the Equity Income Strategy and co-portfolio manager of the US Large-Cap Value Strategy for T. Rowe Price. In addition, he is the chief investment officer of Equity and a member of the firm's US Equity Steering, Equity Brokerage and Trading Control, and Counterparty Risk Committees. Mr. Linehan is Chairman of the Investment Advisory Committee at T. Rowe. He is a large-cap value portfolio manager in the U.S. Equity Division and also co-chair of the Investment Advisory Committee for the Institutional Large-Cap Value Strategy. From February 2010 to June 2014, Mr. Linehan was head of U.S. Equity and chairman of the U.S. Equity Steering Committee. He is a member of the firm's U.S. Equity Steering, Equity Brokerage and Trading Control, and Counterparty Risk Committees. He earned a B.A. from Amherst College and an M.B.A. from Stanford University, where he was the Henry Ford II Scholar, an Arjay Miller Scholar, and the winner of the Alexander A. Robichek Award in finance. Mr. Linehan is a CFA® charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
