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Trending ETFs

Voya Global Income & Growth Fund

mutual fund
VYGLX
Payout Change
Pending
Price as of:
$11.9 -0.05 -0.42%
primary theme
N/A
share class
A (VYGJX) I (VYGLX) R6 (VYGNX) W (VYGPX) C (VYGKX)
VYGLX (Mutual Fund)

Voya Global Income & Growth Fund

Payout Change
Pending
Price as of:
$11.9 -0.05 -0.42%
primary theme
N/A
share class
A (VYGJX) I (VYGLX) R6 (VYGNX) W (VYGPX) C (VYGKX)
VYGLX (Mutual Fund)

Voya Global Income & Growth Fund

Payout Change
Pending
Price as of:
$11.9 -0.05 -0.42%
primary theme
N/A
share class
A (VYGJX) I (VYGLX) R6 (VYGNX) W (VYGPX) C (VYGKX)

Name

As of 12/09/2024

Price

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

Voya Global Income & Growth Fund

VYGLX | Fund

$11.90

$469 M

6.83%

$0.82

0.93%

Vitals

YTD Return

12.2%

1 yr return

16.3%

3 Yr Avg Return

1.2%

5 Yr Avg Return

6.0%

Net Assets

$469 M

Holdings in Top 10

14.3%

52 WEEK LOW AND HIGH

$12.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.93%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 38.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$250,000

IRA

$250,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/09/2024

Price

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

Voya Global Income & Growth Fund

VYGLX | Fund

$11.90

$469 M

6.83%

$0.82

0.93%

VYGLX - Profile

Distributions

  • YTD Total Return 12.2%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.69%
DIVIDENDS
  • Dividend Yield 6.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Voya Global Income & Growth Fund
  • Fund Family Name
    Voya mutual funds
  • Inception Date
    Jan 04, 1995
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Paul Zemsky

Fund Description

Under normal circumstances, the Fund invests directly or indirectly (including through derivatives) at least 80% of its net assets (plus borrowings for investment purposes) in investments that the sub-adviser (the “Sub-Adviser”) believes have potential for income, growth, or both. For purposes of this 80% policy, income-producing investments include any investments or instruments that pay dividends and/or interest, whether in cash or in kind; that generate premiums; that are issued at a discount; or that otherwise generate or result in income for the Fund. Growth means investments that are expected to generate capital appreciation in excess of the initial investment.The Fund invests its assets (expressed as a percentage of its net assets) across asset classes approximately as follows (the “Target Allocation”): 33% in high-yield securities (excluding convertible securities), 33% in convertible securities (regardless of any credit rating assigned to the security), and 33% in equity securities and/or written covered call options on equity securities. This allocation is a target, and the Fund's allocation could change substantially due to portfolio manager decisions or as the investments’ asset values change due to market movements. On an ongoing basis, the actual mix of the Fund’s assets may deviate from the Target Allocation. The Fund's Target Allocation may be changed, at any time, by the Sub-Adviser.The Fund invests in securities of issuers in a number of different countries, including the U.S. The Fund may invest in the securities of issuers located in developing and emerging market countries, including securities of such issuers that are traded on a U.S. stock exchange, and in American Depositary Receipts, when consistent with the Fund’s investment objective. Countries with developing and emerging markets include most countries in the world except Australia, Canada, Hong Kong, Israel, Japan, New Zealand, the United Kingdom, the United States, and most of the countries of western Europe. Securities may be denominated in foreign (non-U.S.) currencies or in U.S. dollars. The Fund may hedge its exposure to securities denominated in foreign (non-U.S.) currencies.The Sub-Adviser identifies companies by utilizing a fundamental, bottom-up research process that seeks to facilitate early identification of issuers that the Sub-Adviser believes demonstrate the ability to improve their fundamental characteristics. The Sub-Adviser then determines which asset class it believes has the potential to provide the optimal total return opportunity, subject to market conditions. For purposes of the Fund’s investments in high-yield securities, “high-yield securities” are securities rated Ba or below by Moody’s Investors Service, Inc. or BB or below by S&P Global Ratings or Fitch Ratings (sometimes referred to as “junk bonds”).The Fund may invest in issuers of any market capitalization. In addition to publicly-traded equity securities, the Fund may invest a significant portion of its assets in private placement securities (including Rule 144A and Regulation S securities). The Fund may also employ a strategy of writing call options on common stocks to seek to enhance the Fund’s distributions and reduce overall portfolio risk.The Fund may invest in synthetic convertible instruments by combining debt instruments with a basket of warrants, or options or other derivatives that together produce the economic characteristics similar to a conventional convertible security. Additionally, the Fund may invest in structured notes or equity-linked securities that provide economic exposure similar to a convertible security. Convertible preferred securities, including mandatory and perpetual preferred securities, may also be used to gain convertible exposure.From time to time, the Fund may also acquire warrants, options, or equity securities as a result of company restructurings. The Fund may also invest in other derivative instruments, including, but not limited to, foreign currency exchange contracts, options, and stock index futures contracts.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.In evaluating investments for the Fund, the Sub-Adviser 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 an investment. Among the factors considered, the Sub-Adviser expects typically to take into account environmental, social, and governance (“ESG”) factors in considering potential investments where the Sub-Adviser believes one or more of those factors might have such an effect. In considering ESG factors, the Sub-Adviser intends to rely primarily on factors identified through its proprietary empirical research and on third-party evaluations of an issuer’s ESG standing. ESG factors will be only one of many considerations in the Sub-Adviser’s 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 analysis and judgment of the Sub-Adviser.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 Fund 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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VYGLX - Performance

Return Ranking - Trailing

Period VYGLX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.2% -23.7% 16.4% 89.70%
1 Yr 16.3% -8.9% 48.3% 65.02%
3 Yr 1.2%* -2.2% 16.4% 32.07%
5 Yr 6.0%* -0.7% 13.4% 22.20%
10 Yr 5.8%* 0.9% 11.8% 28.69%

* Annualized

Return Ranking - Calendar

Period VYGLX Return Category Return Low Category Return High Rank in Category (%)
2023 12.2% -40.8% 20.6% 60.09%
2022 -24.1% -21.0% 24.5% 13.44%
2021 1.5% -24.2% 27.8% 68.46%
2020 10.5% -23.1% 11.7% 66.42%
2019 11.0% -100.0% 20.6% 16.08%

Total Return Ranking - Trailing

Period VYGLX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.2% -23.7% 16.4% 89.27%
1 Yr 16.3% -12.8% 48.3% 58.69%
3 Yr 1.2%* -3.4% 16.4% 28.17%
5 Yr 6.0%* -1.1% 13.4% 20.82%
10 Yr 5.8%* 0.9% 11.8% 26.80%

* Annualized

Total Return Ranking - Calendar

Period VYGLX Return Category Return Low Category Return High Rank in Category (%)
2023 20.2% -40.8% 20.6% 60.09%
2022 -12.0% -21.0% 24.5% 13.44%
2021 15.7% -24.2% 27.8% 70.56%
2020 20.6% -23.1% 11.7% 77.17%
2019 23.9% -2.9% 23.1% 10.90%

NAV & Total Return History

VYGLX - Holdings

Concentration Analysis

VYGLX Category Low Category High VYGLX % Rank
Net Assets 469 M 1.12 M 110 B 73.65%
Number of Holdings 201 2 10961 80.38%
Net Assets in Top 10 18.1 M -31.7 M 22 B 57.83%
Weighting of Top 10 14.28% 10.8% 100.0% 6.87%

Top 10 Holdings

  1. BlackRock Liquidity FedFund 3.28%
  2. Apple Inc 1.80%
  3. NVIDIA Corp 1.50%
  4. Microsoft Corp 1.41%
  5. NextEra Energy Capital Holdings Inc 1.10%
  6. Tyler Technologies Inc 1.09%
  7. SPIE SA 1.06%
  8. Iberdrola Finanzas SA 1.02%
  9. Cellnex Telecom SA 1.02%
  10. 1011778 BC ULC / New Red Finance Inc 1.01%

Asset Allocation

Weighting Return Low Return High VYGLX % Rank
Bonds 		61.70% -39.76% 93.84% 49.69%
Stocks 		34.42% -45.72% 98.42% 17.95%
Cash 		3.28% -97.12% 185.58% 83.51%
Preferred Stocks 		0.63% -0.03% 14.00% 52.61%
Convertible Bonds 		0.59% 0.00% 25.49% 28.18%
Other 		0.00% -1.25% 197.12% 58.04%

Stock Sector Breakdown

Weighting Return Low Return High VYGLX % Rank
Technology 		19.34% 0.00% 39.48% 30.15%
Financial Services 		13.63% 0.00% 30.34% 53.93%
Healthcare 		11.44% 0.00% 30.30% 55.84%
Consumer Cyclical 		11.17% 0.00% 20.84% 29.72%
Industrials 		10.20% 0.09% 32.39% 64.12%
Real Estate 		8.91% 0.00% 90.14% 27.60%
Communication Services 		7.48% 0.00% 28.59% 38.64%
Consumer Defense 		6.57% 0.00% 31.85% 47.56%
Basic Materials 		4.73% 0.00% 60.23% 60.72%
Energy 		3.96% 0.00% 38.61% 77.28%
Utilities 		2.55% 0.00% 40.29% 62.85%

Stock Geographic Breakdown

Weighting Return Low Return High VYGLX % Rank
US 		23.41% -4.82% 95.75% 11.90%
Non US 		11.01% -46.69% 57.06% 59.29%

Bond Sector Breakdown

Weighting Return Low Return High VYGLX % Rank
Securitized 		32.81% 0.00% 83.28% 3.34%
Government 		27.20% 0.00% 98.64% 52.19%
Corporate 		26.31% 0.00% 99.90% 37.37%
Cash & Equivalents 		3.28% 0.10% 100.00% 74.74%
Municipal 		0.05% 0.00% 31.28% 28.81%
Derivative 		0.00% 0.00% 41.88% 54.07%

Bond Geographic Breakdown

Weighting Return Low Return High VYGLX % Rank
US 		54.12% -177.12% 87.76% 29.65%
Non US 		7.59% -39.00% 137.36% 57.20%

VYGLX - Expenses

Operational Fees

VYGLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.16% 2.71% 66.18%
Management Fee 0.75% 0.00% 1.70% 23.34%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

VYGLX 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% 5.50% N/A

Trading Fees

VYGLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

VYGLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.00% 0.00% 441.00% 22.73%

VYGLX - Distributions

Dividend Yield Analysis

VYGLX Category Low Category High VYGLX % Rank
Dividend Yield 6.83% 0.00% 10.92% 35.34%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VYGLX Category Low Category High VYGLX % Rank
Net Income Ratio 1.69% -5.20% 6.33% 42.27%

Capital Gain Distribution Analysis

VYGLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

VYGLX - Fund Manager Analysis

Managers

Paul Zemsky

Start Date

Tenure

Tenure Rank

Apr 27, 2007

15.1

15.1%

Paul Zemsky is the chief investment officer and founder of the Multi-Asset Strategies and Solutions Team (MASS) at Voya Investment Management. He is responsible for the firm’s suite of value-added, customized and off-the-shelf products and solutions that are supported by the team’s asset allocation, manager research, quantitative research, portfolio implementation and multi-manager capabilities. Prior to joining the firm, he co-founded CaliberOne Private Funds Management, a macro hedge fund. Paul began his career at JPMorgan Investment Management, where he held a number of key positions, including head of investments for over $300 Billion of Fixed Income assets. Paul is a member of the firm’s Management Committee and a board member of Pomona Capital. He holds a dual degree in finance and electrical engineering from the Management and Technology Program at the University of Pennsylvania and holds the Chartered Financial Analyst® designation.

Barbara Reinhard

Start Date

Tenure

Tenure Rank

May 01, 2018

4.08

4.1%

Barbara Reinhard CFA, Portfolio Manager, joined Voya in 2016. Ms. Reinhard is the head of asset allocation for Multi-Asset Strategies and Solutions (“MASS”) at Voya Investment Management. In this role, she is responsible for strategic and tactical asset allocation decisions for the MASS team’s multi-asset strategies. Prior to joining Voya, Ms. Reinhard was the chief investment officer for Credit Suisse Private Bank in the Americas from 2011 to 2016. In that role, she managed discretionary multi-asset portfolios, was a member of the global asset allocation committee, and the pension investment committee. Prior to that, Ms. Reinhard spent 20 years of her career at Morgan Stanley.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 30.27 6.52 9.25

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