Voya Global Bond Portfolio
Name
As of 04/18/2024Price
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
-4.0%
1 yr return
-0.7%
3 Yr Avg Return
-7.8%
5 Yr Avg Return
-3.0%
Net Assets
$111 M
Holdings in Top 10
24.2%
52 WEEK LOW AND HIGH
$8.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.08%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 144.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
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
IOSSX - Profile
Distributions
- YTD Total Return -4.0%
- 3 Yr Annualized Total Return -7.8%
- 5 Yr Annualized Total Return -3.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.79%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVoya Global Bond Portfolio
-
Fund Family NameVoya mutual funds
-
Inception DateNov 08, 2004
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Timberlake
Fund Description
Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in bonds of issuers in a number of different countries, which may include the United States. The Portfolio will provide shareholders with at least 60 days' prior written notice of any change in this investment policy.The Portfolio may invest in securities of issuers located in developed and emerging market countries. Countries with emerging markets include most countries in the world except Australia, Canada, Japan, New Zealand, the United Kingdom, the United States, and most of the countries of western Europe. Securities may be denominated in foreign currencies or in the U.S. dollar. The Portfolio may hedge its exposure to securities denominated in foreign currencies. The Portfolio may also borrow money from banks and invest the proceeds of such loans in portfolio securities 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”). This investment technique is known as “leveraging.”The Portfolio invests primarily in investment-grade securities which include, but are not limited to, corporate and government bonds which, at the time of investment, are rated investment grade (at least BBB- by S&P Global Ratings or Baa3 by Moody's Investors Service, Inc.) or have an equivalent rating by a nationally recognized statistical rating organization, or are of comparable quality if unrated. The Portfolio may also invest in preferred stocks, money market instruments, municipal bonds, commercial and residential mortgage-related securities, asset-backed securities, other securitized and structured fixed-income instruments, private placements, and sovereign debt.The Portfolio may also invest its assets in bank loans and in a combination of floating rate secured loans (“Senior Loans”). Although the Portfolio may invest a portion of its assets in high-yield fixed-income instruments rated below investment grade (commonly referred to as “junk bonds”), the Portfolio will seek to maintain a minimum weighted average portfolio quality rating of at least investment grade.The dollar-weighted average portfolio duration of the Portfolio will generally range between two and nine years. Duration is the most commonly used measure of risk in fixed-income investment as it incorporates multiple features of the fixed-income instrument (e.g., yield, coupon, maturity, etc.) into one number. Duration is a measure of sensitivity of the price of a fixed-income instrument to a change in interest rates. Duration is a commonly used measure of risk in fixed-income instruments as it incorporates multiple features of the fixed-income instruments (e.g., yield, coupon, maturity, etc.) into one number. Duration is a measure of sensitivity of the price of a fixed-income instrument to a change in interest rates. Duration is a weighted average of the times that interest payments and the final return of principal are received. The weights are the amounts of the payments discounted by the yield-to-maturity of the fixed-income instrument. Duration is expressed as a number of years. The bigger the duration number, the greater the interest rate risk or reward for the fixed-income instrument prices. For example, the price of a bond with an average duration of 5 years would be expected to fall approximately 5% if market interest rates rose by 1%. Conversely, the price of a bond with an average duration of 5 years would be expected to rise approximately 5% if market interest rates dropped by 1%.The Portfolio may use derivatives, including futures, swaps (including interest rate swaps, total return swaps, and credit default swaps), and options, among others, to seek to enhance return, to hedge some of the risks of its investments in fixed-income instruments, or as a substitute for a position in an underlying asset. The Portfolio may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls and reverse repurchase agreements). The Portfolio may invest in other investment companies, including exchange-traded funds (“ETFs”), to the extent permitted under the 1940 Act.The investment process focuses on allocating assets among various sectors of the global bond markets and buying bonds at a discount to their intrinsic value. The sub-adviser (the “Sub-Adviser”) utilizes proprietary quantitative techniques to identify bonds or sectors that it considers to be cheap relative to other bonds or sectors based on their historical price relationships. Teams of asset specialists use this relative value analysis to guide them in the security selection process.In evaluating investments for the Portfolio, 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 to determine whether one or more factors may have a material 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 an issuer, 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, among others.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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IOSSX - Performance
Return Ranking - Trailing
| Period | IOSSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.0% | -59.5% | 0.9% | 82.04% |
| 1 Yr | -0.7% | -15.5% | 19.7% | 60.10% |
| 3 Yr | -7.8%* | -4.3% | 4.2% | 55.22% |
| 5 Yr | -3.0%* | -2.5% | 4.1% | 40.43% |
| 10 Yr | N/A* | -3.0% | 2.7% | 48.00% |
* Annualized
Return Ranking - Calendar
| Period | IOSSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.3% | -15.2% | 0.9% | 88.50% |
| 2022 | -20.6% | -10.9% | 12.2% | 48.97% |
| 2021 | -10.2% | -10.8% | 14.8% | 75.00% |
| 2020 | 6.0% | -15.3% | 0.6% | 68.79% |
| 2019 | 3.0% | -44.4% | 14.4% | 37.42% |
Total Return Ranking - Trailing
| Period | IOSSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.0% | -59.5% | 0.9% | 80.10% |
| 1 Yr | -0.7% | -16.6% | 30.5% | 53.55% |
| 3 Yr | -7.8%* | -5.2% | 10.9% | 52.17% |
| 5 Yr | -3.0%* | -2.8% | 7.4% | 37.11% |
| 10 Yr | N/A* | -3.0% | 3.6% | 46.96% |
* Annualized
Total Return Ranking - Calendar
| Period | IOSSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.2% | -15.2% | 0.9% | 88.50% |
| 2022 | -18.5% | -10.9% | 12.2% | 48.97% |
| 2021 | -7.6% | -10.8% | 14.8% | 75.00% |
| 2020 | 9.1% | -15.3% | 3.8% | 76.30% |
| 2019 | 7.0% | -44.4% | 14.4% | 48.47% |
NAV & Total Return History
IOSSX - Holdings
Concentration Analysis
| IOSSX | Category Low | Category High | IOSSX % Rank | |
|---|---|---|---|---|
| Net Assets | 111 M | 74.5 K | 14.7 B | 72.06% |
| Number of Holdings | 996 | 4 | 4562 | 37.44% |
| Net Assets in Top 10 | 27.8 M | -112 M | 3.66 B | 58.29% |
| Weighting of Top 10 | 24.22% | 4.7% | 100.0% | 28.85% |
Top 10 Holdings
- Voya VACS Series HYB Fund 4.57%
- China Government Bond 3.78%
- Voya VACS Series EMCD Fund 3.41%
- Voya VACS Series EMHCD Fund 2.96%
- CVS CAREMARK C 01/02/2024 1.74%
- China Government Bond 1.70%
- China Government Bond 1.65%
- Fannie Mae REMICS 1.52%
- Malaysia Government Bond 1.48%
- Ginnie Mae 1.39%
Asset Allocation
| Weighting | Return Low | Return High | IOSSX % Rank | |
|---|---|---|---|---|
| Bonds | 90.91% | 0.00% | 220.33% | 13.27% |
| Stocks | 10.96% | 0.00% | 7.47% | 19.91% |
| Other | 3.21% | -9.71% | 100.00% | 47.39% |
| Cash | 0.79% | -130.07% | 95.62% | 79.15% |
| Convertible Bonds | 0.73% | 0.00% | 11.19% | 76.78% |
| Preferred Stocks | 0.00% | 0.00% | 2.87% | 4.74% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IOSSX % Rank | |
|---|---|---|---|---|
| Basic Materials | 61.94% | 0.00% | 100.00% | 4.84% |
| Consumer Defense | 32.85% | 0.00% | 34.30% | 1.61% |
| Consumer Cyclical | 5.21% | 0.00% | 27.00% | 16.13% |
| Utilities | 0.00% | 0.00% | 91.33% | 53.23% |
| Technology | 0.00% | 0.00% | 21.64% | 46.77% |
| Real Estate | 0.00% | 0.00% | 3.17% | 46.77% |
| Industrials | 0.00% | 0.00% | 11.80% | 54.84% |
| Healthcare | 0.00% | 0.00% | 9.46% | 53.23% |
| Financial Services | 0.00% | 0.00% | 100.00% | 61.29% |
| Energy | 0.00% | 0.00% | 100.00% | 72.58% |
| Communication Services | 0.00% | 0.00% | 56.19% | 53.23% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IOSSX % Rank | |
|---|---|---|---|---|
| US | 10.96% | 0.00% | 6.55% | 17.54% |
| Non US | 0.00% | 0.00% | 1.77% | 10.90% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | IOSSX % Rank | |
|---|---|---|---|---|
| Government | 37.67% | 0.30% | 99.47% | 58.65% |
| Securitized | 31.21% | 0.00% | 52.02% | 3.85% |
| Corporate | 26.36% | 0.00% | 98.62% | 33.17% |
| Derivative | 1.28% | 0.00% | 74.77% | 71.15% |
| Cash & Equivalents | 0.79% | 0.00% | 95.62% | 68.27% |
| Municipal | 0.00% | 0.00% | 7.95% | 64.42% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | IOSSX % Rank | |
|---|---|---|---|---|
| US | 73.26% | -5.52% | 107.53% | 20.38% |
| Non US | 17.64% | 0.00% | 112.80% | 67.30% |
IOSSX - Expenses
Operational Fees
| IOSSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.08% | 0.02% | 3.65% | 37.32% |
| Management Fee | 0.60% | 0.00% | 2.08% | 71.22% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 37.37% |
| Administrative Fee | N/A | 0.01% | 0.45% | 54.82% |
Sales Fees
| IOSSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.00% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| IOSSX 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.
| IOSSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 144.00% | 6.00% | 354.00% | 85.21% |
IOSSX - Distributions
Dividend Yield Analysis
| IOSSX | Category Low | Category High | IOSSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 17.40% | 54.50% |
Dividend Distribution Analysis
| IOSSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| IOSSX | Category Low | Category High | IOSSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.79% | -1.08% | 5.77% | 13.24% |
Capital Gain Distribution Analysis
| IOSSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 01, 2024 | $0.029 | OrdinaryDividend |
| Mar 01, 2024 | $0.026 | OrdinaryDividend |
| Feb 01, 2024 | $0.029 | OrdinaryDividend |
| Jan 02, 2024 | $0.028 | OrdinaryDividend |
| Dec 01, 2023 | $0.026 | OrdinaryDividend |
| Nov 01, 2023 | $0.027 | OrdinaryDividend |
| Oct 02, 2023 | $0.027 | OrdinaryDividend |
| Sep 01, 2023 | $0.029 | OrdinaryDividend |
| Aug 01, 2023 | $0.028 | OrdinaryDividend |
| Jul 03, 2023 | $0.027 | OrdinaryDividend |
| Jun 01, 2023 | $0.029 | OrdinaryDividend |
| May 01, 2023 | $0.016 | OrdinaryDividend |
| Apr 03, 2023 | $0.016 | OrdinaryDividend |
| Mar 01, 2023 | $0.015 | OrdinaryDividend |
| Feb 01, 2023 | $0.016 | OrdinaryDividend |
| Jan 03, 2023 | $0.017 | OrdinaryDividend |
| Dec 01, 2022 | $0.015 | OrdinaryDividend |
| Nov 01, 2022 | $0.016 | DailyAccrualFund |
| Oct 03, 2022 | $0.017 | DailyAccrualFund |
| Sep 01, 2022 | $0.018 | DailyAccrualFund |
| Aug 01, 2022 | $0.019 | DailyAccrualFund |
| Jul 01, 2022 | $0.019 | DailyAccrualFund |
| Jun 01, 2022 | $0.020 | DailyAccrualFund |
| May 02, 2022 | $0.021 | DailyAccrualFund |
| Apr 01, 2022 | $0.022 | DailyAccrualFund |
| Feb 01, 2022 | $0.023 | DailyAccrualFund |
| Jan 03, 2022 | $0.023 | DailyAccrualFund |
| Dec 01, 2021 | $0.023 | DailyAccrualFund |
| Nov 01, 2021 | $0.024 | DailyAccrualFund |
| Oct 01, 2021 | $0.024 | DailyAccrualFund |
| Sep 01, 2021 | $0.025 | DailyAccrualFund |
| Aug 02, 2021 | $0.025 | DailyAccrualFund |
| Jul 01, 2021 | $0.024 | DailyAccrualFund |
| Jun 01, 2021 | $0.025 | DailyAccrualFund |
| May 03, 2021 | $0.024 | DailyAccrualFund |
| Apr 01, 2021 | $0.025 | DailyAccrualFund |
| Mar 01, 2021 | $0.023 | DailyAccrualFund |
| Jan 29, 2021 | $0.026 | DailyAccrualFund |
| Jan 04, 2021 | $0.025 | DailyAccrualFund |
| Dec 01, 2020 | $0.024 | DailyAccrualFund |
| Nov 02, 2020 | $0.025 | DailyAccrualFund |
| Oct 01, 2020 | $0.024 | DailyAccrualFund |
| Sep 01, 2020 | $0.025 | DailyAccrualFund |
| Aug 03, 2020 | $0.024 | DailyAccrualFund |
| Jul 01, 2020 | $0.023 | DailyAccrualFund |
| Jun 01, 2020 | $0.023 | DailyAccrualFund |
| May 01, 2020 | $0.022 | DailyAccrualFund |
| Apr 01, 2020 | $0.024 | DailyAccrualFund |
| Mar 02, 2020 | $0.023 | DailyAccrualFund |
| Feb 03, 2020 | $0.024 | DailyAccrualFund |
| Jan 02, 2020 | $0.024 | DailyAccrualFund |
| Dec 02, 2019 | $0.024 | DailyAccrualFund |
| Nov 01, 2019 | $0.025 | DailyAccrualFund |
| Oct 01, 2019 | $0.024 | DailyAccrualFund |
| Sep 03, 2019 | $0.025 | DailyAccrualFund |
| Aug 01, 2019 | $0.025 | DailyAccrualFund |
| Jul 01, 2019 | $0.023 | OrdinaryDividend |
| May 31, 2019 | $0.024 | DailyAccrualFund |
| Apr 30, 2019 | $0.023 | DailyAccrualFund |
| Mar 29, 2019 | $0.024 | DailyAccrualFund |
| Feb 28, 2019 | $0.022 | DailyAccrualFund |
| Jan 31, 2019 | $0.024 | DailyAccrualFund |
| Dec 31, 2018 | $0.117 | DailyAccrualFund |
| Nov 30, 2018 | $0.023 | DailyAccrualFund |
| Oct 31, 2018 | $0.024 | DailyAccrualFund |
| Aug 31, 2018 | $0.024 | DailyAccrualFund |
| Jul 31, 2018 | $0.024 | DailyAccrualFund |
| Jun 29, 2018 | $0.024 | DailyAccrualFund |
| May 31, 2018 | $0.025 | DailyAccrualFund |
| Apr 30, 2018 | $0.024 | DailyAccrualFund |
| Mar 29, 2018 | $0.025 | DailyAccrualFund |
| Feb 28, 2018 | $0.023 | DailyAccrualFund |
| Jan 31, 2018 | $0.025 | DailyAccrualFund |
| Dec 29, 2017 | $0.025 | DailyAccrualFund |
| Nov 30, 2017 | $0.024 | DailyAccrualFund |
| Oct 31, 2017 | $0.025 | DailyAccrualFund |
| Sep 29, 2017 | $0.024 | DailyAccrualFund |
| Aug 31, 2017 | $0.020 | DailyAccrualFund |
| Jul 31, 2017 | $0.020 | DailyAccrualFund |
| Jun 30, 2017 | $0.019 | DailyAccrualFund |
| May 31, 2017 | $0.020 | DailyAccrualFund |
| Apr 28, 2017 | $0.019 | DailyAccrualFund |
| Mar 31, 2017 | $0.019 | DailyAccrualFund |
| Feb 28, 2017 | $0.017 | DailyAccrualFund |
| Jan 31, 2017 | $0.019 | DailyAccrualFund |
| Dec 30, 2016 | $0.019 | DailyAccrualFund |
| Nov 30, 2016 | $0.021 | DailyAccrualFund |
| Oct 31, 2016 | $0.021 | DailyAccrualFund |
| Sep 30, 2016 | $0.021 | DailyAccrualFund |
| Aug 31, 2016 | $0.021 | DailyAccrualFund |
| Jul 29, 2016 | $0.021 | DailyAccrualFund |
| Jun 30, 2016 | $0.020 | DailyAccrualFund |
| May 31, 2016 | $0.021 | DailyAccrualFund |
| Aug 05, 2014 | $0.059 | OrdinaryDividend |
IOSSX - Fund Manager Analysis
Managers
Brian Timberlake
Start Date
Tenure
Tenure Rank
May 31, 2013
9.01
9.0%
Brian Timberlake is the head of fixed income research at Voya Investment Management and is responsible for managing the organization’s global fixed income research analysts as well as the coordination of macroeconomic data across the fixed income platform. Prior to this position, Mr. Timberlake was Head of Quantitative Research and before that, a Senior Quantitative Analyst. He joined Voya IM in 2003. His team is responsible for macro and quantitative fixed income research and provides additional assistance to individual sector groups and the risk management team. In addition, Brian is a named portfolio manager on several global and opportunistic fixed income products. Previously, he was the head of quantitative research where he helped develop an integrated, automated tool for interest rate hedging, created multifactor risk models, and was integral to the design and monitoring of customized client portfolios. Prior to that he was a senior quantitative analyst at Voya. Brian received a BS in chemical engineering from the University of Maryland, an MS in quantitative and computational finance from the Georgia Institute of Technology and a PhD in chemical engineering from the Georgia Institute of Technology. He holds the Chartered Financial Analyst® designation.
Sean Banai
Start Date
Tenure
Tenure Rank
Mar 01, 2019
3.25
3.3%
Sean Banai is head of portfolio management for the fixed income platform at Voya Investment Management. Previously, Sean was a senior portfolio manager and before that head of quantitative research for proprietary fixed income. Prior to joining the firm in 1999, he was a partner in a private sector company. Sean received a BA and an MS in actuarial science from Georgia State University. He holds the Chartered Financial Analyst® designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 28.31 | 6.8 | 3.67 |