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Voya Global High Dividend Low Volatility Fund
mutual fund
NAWCX
Payout Change
Pending
Price as of:
$42.86
-0.05
-0.12%
primary theme
N/A
share class
NAWCX (Mutual Fund)
Voya Global High Dividend Low Volatility Fund
Payout Change
Pending
Price as of:
$42.86
-0.05
-0.12%
primary theme
N/A
share class
NAWCX (Mutual Fund)
Voya Global High Dividend Low Volatility Fund
Payout Change
Pending
Price as of:
$42.86
-0.05
-0.12%
primary theme
N/A
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
14.4%
1 yr return
16.5%
3 Yr Avg Return
5.4%
5 Yr Avg Return
6.4%
Net Assets
$243 M
Holdings in Top 10
12.8%
52 WEEK LOW AND HIGH
$42.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.72%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 75.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
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
NAWCX - Profile
Distributions
- YTD Total Return 14.4%
- 3 Yr Annualized Total Return 5.4%
- 5 Yr Annualized Total Return 6.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.33%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVoya Global High Dividend Low Volatility Fund
-
Fund Family NameVoya mutual funds
-
Inception DateApr 19, 1993
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerVincent Costa
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in a portfolio of equity securities. The Fund will provide 60 days’ prior notice of any change in this investment policy. The Fund invests primarily in the equity securities included in the MSCI World Value IndexSM (the “Index”). The Fund invests in securities of issuers in a number of different countries, including the U.S.The sub-adviser (the “Sub-Adviser”) seeks to maximize total return to the extent consistent with maintaining lower volatility than the Index. Volatility generally measures how much a fund’s returns have varied over a specified time frame.The Fund may invest in derivative instruments including, but not limited to, index futures. The Fund typically uses derivatives as a substitute for purchasing securities included in the Index or for the purpose of maintaining equity market exposure on its cash balance.The Fund may invest in real estate-related securities, including real estate investment trusts (“REITs”).The Fund may 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 creates a target universe that consists of dividend paying securities by screening for companies that exhibit stable dividend yields within each industry sector. Once the Sub-Adviser creates this target universe, the Sub-Adviser seeks to identify the most attractive securities within various geographic regions and sectors by ranking each security relative to other securities within its region or sector, as applicable, using proprietary fundamental sector-specific quantitative investment models. The Sub-Adviser then uses optimization techniques to seek to achieve the portfolio’s target dividend yield (which is expected to be higher than the Index in aggregate), manage target beta, determine active weights, and neutralize region and sector exposures in order to create a portfolio that the Sub-Adviser believes will provide the potential for maximum total return consistent with maintaining lower volatility than the Index. Under certain market conditions, the Fund will likely earn a lower level of total return than it would in the absence of its strategy of maintaining a relatively lower level of volatility.In evaluating investments for the Fund, the Sub-Adviser, through its quantitative methods and models, takes into account a wide variety of factors and considerations to determine whether any or all of those factors or considerations might have a material effect on the value, risks, or prospects of a company. Among the factors considered, the Sub-Adviser expects that its quantitative methods and models will typically take into account environmental, social, and governance (“ESG”) factors. In considering ESG factors, the Sub-Adviser’s quantitative methods and models will rely primarily on factors identified through the Sub-Adviser’s proprietary empirical research and on third-party evaluations of a company’s ESG standing. ESG factors will be only one of many considerations in the evaluation of any potential investment; the extent to which ESG factors will affect the Sub-Adviser’s decision to invest in a company, if at all, will depend on the operation of the Sub-Adviser’s quantitative processes and the judgment of the Sub-Adviser.The Fund may lend portfolio securities on a short-term or long-term basis, up to 30% of its total assets.
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NAWCX - Performance
Return Ranking - Trailing
| Period | NAWCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.4% | -35.6% | 29.2% | 38.70% |
| 1 Yr | 16.5% | 17.3% | 252.4% | 90.00% |
| 3 Yr | 5.4%* | -3.5% | 34.6% | 95.38% |
| 5 Yr | 6.4%* | 0.1% | 32.7% | 88.59% |
| 10 Yr | 6.4%* | -6.9% | 18.3% | 99.26% |
* Annualized
Return Ranking - Calendar
| Period | NAWCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.4% | -24.3% | 957.1% | 89.24% |
| 2022 | -7.7% | -38.3% | 47.1% | 68.14% |
| 2021 | 17.7% | -54.2% | 0.6% | 26.11% |
| 2020 | -3.5% | -76.0% | 54.1% | 31.19% |
| 2019 | 18.4% | -26.1% | 47.8% | 40.83% |
Total Return Ranking - Trailing
| Period | NAWCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.4% | -35.6% | 29.2% | 39.82% |
| 1 Yr | 16.5% | 11.4% | 252.4% | 88.86% |
| 3 Yr | 5.4%* | -3.5% | 34.6% | 93.67% |
| 5 Yr | 6.4%* | 0.1% | 32.7% | 87.38% |
| 10 Yr | 6.4%* | -6.9% | 18.3% | 99.26% |
* Annualized
Total Return Ranking - Calendar
| Period | NAWCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.9% | -24.3% | 957.1% | 89.24% |
| 2022 | -5.0% | -33.1% | 47.1% | 68.77% |
| 2021 | 19.9% | -44.4% | 1.8% | 38.63% |
| 2020 | -1.7% | -6.5% | 54.1% | 42.90% |
| 2019 | 21.5% | -14.4% | 47.8% | 52.79% |
NAV & Total Return History
NAWCX - Holdings
Concentration Analysis
| NAWCX | Category Low | Category High | NAWCX % Rank | |
|---|---|---|---|---|
| Net Assets | 243 M | 199 K | 133 B | 59.54% |
| Number of Holdings | 247 | 1 | 9075 | 16.96% |
| Net Assets in Top 10 | 32.3 M | -18 M | 37.6 B | 70.93% |
| Weighting of Top 10 | 12.83% | 9.1% | 100.0% | 98.28% |
Top 10 Holdings
- UnitedHealth Group Inc 1.75%
- Johnson Johnson 1.68%
- AbbVie Inc 1.52%
- iShares Russell 1000 Value ETF 1.39%
- PepsiCo Inc 1.25%
- Philip Morris International Inc 1.13%
- Cisco Systems Inc 1.12%
- Verizon Communications Inc 1.09%
- Wells Fargo Co 1.03%
- Gilead Sciences Inc 0.88%
Asset Allocation
| Weighting | Return Low | Return High | NAWCX % Rank | |
|---|---|---|---|---|
| Stocks | 99.34% | 61.84% | 125.47% | 13.00% |
| Other | 0.44% | -13.98% | 19.14% | 9.47% |
| Cash | 0.15% | -174.70% | 23.12% | 90.86% |
| Preferred Stocks | 0.14% | -0.01% | 5.28% | 87.89% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 87.11% |
| Bonds | 0.00% | -1.50% | 161.67% | 87.67% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NAWCX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.87% | 0.00% | 38.42% | 13.99% |
| Healthcare | 16.64% | 0.00% | 35.42% | 36.34% |
| Consumer Defense | 12.17% | 0.00% | 73.28% | 21.48% |
| Industrials | 11.86% | 0.00% | 44.06% | 27.53% |
| Energy | 7.04% | 0.00% | 21.15% | 12.67% |
| Technology | 6.70% | 0.00% | 49.87% | 92.40% |
| Communication Services | 6.13% | 0.00% | 57.66% | 77.42% |
| Utilities | 6.06% | 0.00% | 29.12% | 10.90% |
| Real Estate | 5.73% | 0.00% | 39.48% | 16.19% |
| Consumer Cyclical | 5.16% | 0.00% | 40.94% | 92.18% |
| Basic Materials | 3.64% | 0.00% | 38.60% | 26.76% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NAWCX % Rank | |
|---|---|---|---|---|
| US | 70.48% | 0.13% | 103.82% | 13.99% |
| Non US | 28.86% | 0.58% | 99.46% | 82.93% |
NAWCX - Expenses
Operational Fees
| NAWCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.72% | 0.01% | 44.27% | 24.74% |
| Management Fee | 0.50% | 0.00% | 1.82% | 22.87% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 97.78% |
| Administrative Fee | N/A | 0.01% | 0.76% | 36.03% |
Sales Fees
| NAWCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 91.00% |
Trading Fees
| NAWCX 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.
| NAWCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 75.00% | 0.00% | 395.00% | 73.39% |
NAWCX - Distributions
Dividend Yield Analysis
| NAWCX | Category Low | Category High | NAWCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.69% | 0.00% | 3.26% | 87.53% |
Dividend Distribution Analysis
| NAWCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Annually | Annually |
Net Income Ratio Analysis
| NAWCX | Category Low | Category High | NAWCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.33% | -4.27% | 12.65% | 28.75% |
Capital Gain Distribution Analysis
| NAWCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 01, 2024 | $0.184 | OrdinaryDividend |
| Apr 01, 2024 | $0.125 | OrdinaryDividend |
| Dec 26, 2023 | $0.182 | OrdinaryDividend |
| Oct 02, 2023 | $0.160 | OrdinaryDividend |
| Jul 03, 2023 | $0.296 | OrdinaryDividend |
| Apr 03, 2023 | $0.222 | OrdinaryDividend |
| Dec 30, 2022 | $0.375 | OrdinaryDividend |
| Oct 03, 2022 | $0.222 | OrdinaryDividend |
| Jul 01, 2022 | $0.197 | OrdinaryDividend |
| Apr 01, 2022 | $0.163 | OrdinaryDividend |
| Dec 31, 2021 | $0.105 | OrdinaryDividend |
| Oct 01, 2021 | $0.150 | OrdinaryDividend |
| Jul 01, 2021 | $0.178 | OrdinaryDividend |
| Apr 01, 2021 | $0.204 | OrdinaryDividend |
| Dec 31, 2020 | $0.045 | OrdinaryDividend |
| Oct 01, 2020 | $0.028 | OrdinaryDividend |
| Sep 17, 2020 | $0.107 | OrdinaryDividend |
| Jul 01, 2020 | $0.126 | OrdinaryDividend |
| Apr 01, 2020 | $0.155 | OrdinaryDividend |
| Dec 31, 2019 | $0.071 | OrdinaryDividend |
| Oct 01, 2019 | $0.201 | OrdinaryDividend |
| Jul 01, 2019 | $0.270 | OrdinaryDividend |
| Apr 01, 2019 | $0.028 | OrdinaryDividend |
| Dec 31, 2018 | $0.263 | OrdinaryDividend |
| Oct 01, 2018 | $0.469 | OrdinaryDividend |
| Dec 15, 2017 | $0.391 | OrdinaryDividend |
| Dec 16, 2016 | $0.190 | OrdinaryDividend |
| Dec 17, 2015 | $0.249 | OrdinaryDividend |
| May 21, 2015 | $0.239 | OrdinaryDividend |
| Dec 17, 2014 | $0.779 | OrdinaryDividend |
| Jul 10, 2013 | $0.368 | ExtraDividend |
| Dec 16, 2011 | $1.472 | CapitalGainShortTerm |
| Dec 16, 2011 | $1.580 | CapitalGainLongTerm |
| Dec 16, 2011 | $0.085 | OrdinaryDividend |
| Oct 21, 2011 | $0.000 | ExtraDividend |
| Dec 16, 2010 | $0.351 | OrdinaryDividend |
| Dec 15, 2009 | $0.075 | OrdinaryDividend |
| Dec 18, 2007 | $0.019 | OrdinaryDividend |
| Dec 16, 2005 | $0.021 | OrdinaryDividend |
NAWCX - Fund Manager Analysis
Managers
Vincent Costa
Start Date
Tenure
Tenure Rank
Dec 01, 2014
7.5
7.5%
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.
Steven Wetter
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Steven Wetter is a portfolio manager for the portfolio engineering group at Voya Investment Management responsible for the index, research enhanced index and rules-based strategies. Prior to joining Voya IM, he served as Co-Head of International Indexing responsible for managing ETFs, index funds and quantitative portfolios at BNY Mellon, and formerly held similar positions at Northern Trust and Bankers Trust. Steve earned a BA from the University of California at Berkeley, and an MBA in finance (with distinction) from New York University Stern School of Business.
Kai Wong
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Kai Yee Wong is a portfolio manager for the portfolio engineering group at Voya Investment Management responsible for the index, research enhanced index and rules-based strategies. Prior to joining the firm in 2012, she worked as a senior equity portfolio manager at Northern Trust responsible for managing various global indices including developed, emerging, real estate, Topix and socially responsible benchmarks. Previously Kai Yee served as a portfolio manager with Deutsche Bank, an assistant treasurer at Bankers Trust and a trust officer at the Bank of Tokyo. She earned a BS from New York University Stern School of Business.
Peg DiOrio
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |
