VY® JPMorgan Emerging Markets Equity Portfolio
Fund
IJEMX
Price as of:
$18.34
+ $0.14
+ 0.77%
Primary Theme
fund company
Name
As of 06/02/2026Price
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
33.0%
1 yr return
65.3%
3 Yr Avg Return
24.8%
5 Yr Avg Return
5.7%
Net Assets
$187 M
Holdings in Top 10
40.4%
52 WEEK LOW AND HIGH
$18.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.26%
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 06/02/2026Price
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
IJEMX - Profile
Distributions
- YTD Total Return 33.0%
- 3 Yr Annualized Total Return 24.8%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.40%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVY® JPMorgan Emerging Markets Equity Portfolio
-
Fund Family NameVoya mutual funds
-
Inception DateDec 02, 2005
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAustin Forey
Fund Description
Under normal circumstances, the Portfolio invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of issuers in emerging markets. For purposes of this 80% policy, emerging markets means 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 and Hong Kong. For purposes of this 80% policy, equity securities include, without limitation, common stock, preferred stock, convertible securities, depositary receipts, participatory notes or other structured notes, real estate-related securities (including real estate investment trusts (“REITs”)), trust or partnership interests, rights and warrants to buy common stock, privately placed securities, and initial public offerings (“IPOs”). An issuer in an emerging market is one: that is organized under the laws of, or has a principal place of business in an emerging market; for which 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. 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 attempts to emphasize 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 rated below investment grade sometimes referred to as “high-yield securities”, “high-yield bonds”, or “junk bonds”). Below investment grade refers to ratings given by nationally recognized statistical rating organizations (“NRSROs”) (e.g., rated Ba1 or below by Moody’s Ratings, or BB+ or below by S&P Global Ratings or Fitch Ratings, Inc.) or, if unrated, determined by the Portfolio to be of comparable quality, are regarded as having more speculative characteristics with respect to the payment of interest and repayment of principal. Split rated debt instruments (debt instruments that receive different ratings from two or more NRSROs) are valued as follows: if three NRSROs rate a debt instrument, the debt instrument will be considered to have the median credit rating; if two of the three NRSROs rate a debt instrument, the debt instrument will be considered to have the lower credit rating of the two provided. 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 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). As a part of this analysis, research analysts seek to assess the impact of environmental, social and governance (“ESG”) factors on many issuers in the universe in which the Portfolio may invest that the research analysts believe are material to the aforementioned two-part analysis. 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 order to encourage creativity, considerable autonomy is given to research analysts at the stock idea generation state of the process. 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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IJEMX - Performance
Return Ranking - Trailing
| Period | IJEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 33.0% | -18.5% | 102.9% | 26.42% |
| 1 Yr | 65.3% | -14.2% | 239.7% | 20.57% |
| 3 Yr | 24.8%* | -0.2% | 66.1% | 36.45% |
| 5 Yr | 5.7%* | -11.3% | 25.5% | 68.73% |
| 10 Yr | 11.6%* | 0.8% | 21.5% | 16.63% |
* Annualized
Return Ranking - Calendar
| Period | IJEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 8.5% | -39.1% | 56.9% | 91.64% |
| 2024 | 1.1% | -24.0% | 31.7% | 75.71% |
| 2023 | 4.8% | -6.5% | 35.5% | 86.57% |
| 2022 | -48.1% | -50.1% | -2.4% | 99.51% |
| 2021 | -16.2% | -33.1% | 22.5% | 89.27% |
Total Return Ranking - Trailing
| Period | IJEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 33.0% | -18.5% | 102.9% | 26.42% |
| 1 Yr | 65.3% | -14.2% | 239.7% | 20.57% |
| 3 Yr | 24.8%* | -0.2% | 66.1% | 36.45% |
| 5 Yr | 5.7%* | -11.3% | 25.5% | 68.73% |
| 10 Yr | 11.6%* | 0.8% | 21.5% | 16.63% |
* Annualized
Total Return Ranking - Calendar
| Period | IJEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 39.1% | 0.1% | 87.2% | 12.30% |
| 2024 | 2.1% | -16.6% | 31.7% | 83.12% |
| 2023 | 6.8% | -2.5% | 42.0% | 84.20% |
| 2022 | -25.9% | -42.2% | 1.9% | 75.57% |
| 2021 | -9.8% | -32.5% | 33.1% | 90.66% |
NAV & Total Return History
IJEMX - Holdings
Concentration Analysis
| IJEMX | Category Low | Category High | IJEMX % Rank | |
|---|---|---|---|---|
| Net Assets | 187 M | 682 K | 160 B | 73.66% |
| Number of Holdings | 83 | 10 | 7640 | 65.93% |
| Net Assets in Top 10 | 66 M | 290 K | 47.3 B | 70.98% |
| Weighting of Top 10 | 40.37% | 2.9% | 107.6% | 44.39% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 14.10%
- SK Hynix Inc. KRW5000 6.34%
- Samsung Electronics Co Ltd. KRW100 4.24%
- Tencent Holdings Ltd. HKD0.00002 4.00%
- Hanwha Aerospace Co Ltd KRW5000 2.15%
- Alibaba Group Holding Ltd. SPONSORED ADS 2.13%
- Nu Holdings Ltd. ORD SHS CL A 1.92%
- Banco Bilbao Vizcaya Argentaria SA EUR0.49 1.85%
- Petroleo Brasileiro SA SP ADR NON VTG 1.83%
- AIA Group Ltd, Hong Kong NPV 1.82%
Asset Allocation
| Weighting | Return Low | Return High | IJEMX % Rank | |
|---|---|---|---|---|
| Stocks | 99.53% | 0.00% | 102.89% | 24.45% |
| Other | 1.17% | -0.56% | 10.07% | 10.25% |
| Cash | 0.60% | -2.03% | 17.54% | 55.99% |
| Preferred Stocks | 0.15% | 0.00% | 12.21% | 53.94% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 66.45% |
| Bonds | 0.00% | 0.00% | 138.18% | 69.24% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IJEMX % Rank | |
|---|---|---|---|---|
| Technology | 28.14% | 0.00% | 47.50% | 18.40% |
| Financial Services | 25.95% | 0.00% | 48.86% | 17.44% |
| Consumer Cyclical | 13.40% | 0.00% | 48.94% | 32.96% |
| Consumer Defense | 8.91% | 0.00% | 25.90% | 20.80% |
| Communication Services | 7.31% | 0.00% | 39.29% | 71.04% |
| Healthcare | 5.05% | 0.00% | 16.53% | 33.28% |
| Industrials | 4.91% | 0.00% | 43.53% | 68.64% |
| Basic Materials | 3.22% | 0.00% | 30.03% | 86.72% |
| Energy | 2.57% | 0.00% | 24.80% | 75.84% |
| Real Estate | 0.55% | 0.00% | 17.15% | 72.16% |
| Utilities | 0.00% | 0.00% | 39.12% | 88.96% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IJEMX % Rank | |
|---|---|---|---|---|
| Non US | 76.48% | 0.00% | 100.93% | 83.60% |
| US | 23.05% | 0.00% | 96.45% | 12.62% |
IJEMX - Expenses
Operational Fees
| IJEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.26% | 0.02% | 26.99% | 49.68% |
| Management Fee | 1.25% | 0.00% | 1.50% | 97.63% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.85% | 63.33% |
Sales Fees
| IJEMX 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
| IJEMX 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.
| IJEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 25.00% | 0.00% | 189.00% | 20.91% |
IJEMX - Distributions
Dividend Yield Analysis
| IJEMX | Category Low | Category High | IJEMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.82% | 0.00% | 9.74% | 49.21% |
Dividend Distribution Analysis
| IJEMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| IJEMX | Category Low | Category High | IJEMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.40% | -1.98% | 17.62% | 88.74% |
Capital Gain Distribution Analysis
| IJEMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 11, 2025 | $3.380 | CapitalGainLongTerm |
| Jul 15, 2025 | $0.147 | OrdinaryDividend |
| Jul 15, 2024 | $0.137 | OrdinaryDividend |
| Jul 13, 2023 | $0.242 | OrdinaryDividend |
| Jul 13, 2022 | $5.043 | CapitalGainLongTerm |
| Jul 13, 2021 | $0.071 | CapitalGainShortTerm |
| Jul 13, 2021 | $1.908 | CapitalGainLongTerm |
| Jul 13, 2020 | $0.137 | OrdinaryDividend |
| Jul 13, 2020 | $1.494 | CapitalGainLongTerm |
| Jul 12, 2019 | $0.056 | CapitalGainShortTerm |
| Jul 12, 2019 | $1.126 | CapitalGainLongTerm |
| Jul 12, 2019 | $0.029 | OrdinaryDividend |
| Jul 13, 2018 | $0.171 | OrdinaryDividend |
| Jul 14, 2017 | $0.126 | OrdinaryDividend |
| Jul 14, 2016 | $0.215 | OrdinaryDividend |
| Jul 14, 2015 | $1.078 | CapitalGainLongTerm |
| Jul 14, 2015 | $0.248 | OrdinaryDividend |
| Jul 14, 2014 | $1.891 | CapitalGainLongTerm |
| Jul 14, 2014 | $0.232 | OrdinaryDividend |
| Jul 16, 2013 | $0.438 | CapitalGainLongTerm |
| Jul 16, 2013 | $0.227 | OrdinaryDividend |
| Jul 16, 2012 | $0.490 | CapitalGainLongTerm |
| Jul 14, 2011 | $0.693 | CapitalGainLongTerm |
| Jul 14, 2011 | $0.235 | OrdinaryDividend |
| Jul 14, 2010 | $1.220 | CapitalGainLongTerm |
| Jul 14, 2010 | $0.161 | OrdinaryDividend |
| Jul 15, 2009 | $0.259 | OrdinaryDividend |
| Jul 15, 2008 | $0.035 | CapitalGainShortTerm |
| Jul 15, 2008 | $1.198 | CapitalGainLongTerm |
| Jul 15, 2008 | $0.547 | OrdinaryDividend |
| Jul 02, 2007 | $0.013 | CapitalGainShortTerm |
| Jul 02, 2007 | $0.040 | CapitalGainLongTerm |
| Jul 02, 2007 | $0.269 | OrdinaryDividend |
| Jul 03, 2006 | $0.107 | OrdinaryDividend |
| Jul 03, 2006 | $0.192 | CapitalGainLongTerm |
IJEMX - 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 | 6.79 | 13.42 |