Investment Management

Voya Investment Grade Credit Fund - Class A

Class T shares of the Fund are not currently offered.

Fund Description

Overview

  • Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in investment-grade fixed-income securities.

Investment Objective

The Fund seeks to maximize total return. Total return is a combination of income and capital appreciation.

Daily Prices as of 09/18/2017

Net Asset Value (NAV) $11.13
% Change 0.00
$ Change 0.00
Public Offering Price (POP) $11.42
YTD Return +5.35%

Lookup Historical Prices

Fund Facts

Ticker Symbol VACFX
CUSIP 92913M484
Inception Date Aug 03, 2016
Dividends Paid Monthly
Min. Initial Investment $1,000.00

Management Team

Anil Katarya, CFA

Portfolio Manager

Managed Fund since 2013

Travis King, CFA

Portfolio Manager

Managed Fund since 2013

Kurt Kringelis, CFA, CPA, JD

Portfolio Manager

Managed Fund since 2012

More Info

Average Annual Total Returns %

  As of Aug 31, 2017 As of Jun 30, 2017 Expense Ratios
  YTD 1 YR 3 YR 5 YR 10 YR Gross Net 1, 2
Net Asset Value +5.49 +2.68 +3.81 +4.10 +5.28 1.65% 0.90%
With Sales Charge +2.81 +0.09 +2.95 +3.57 +5.01
Bloomberg Barclays U.S. Agg Corporate Total Return Value Unhedged USD +5.37 +2.13 +3.66 +3.64 +5.84
Net Asset Value +3.97 +3.53 +3.72 +4.24 +5.39 2.21% 0.90%
With Sales Charge +1.34 +0.96 +2.86 +3.72 +5.12
Bloomberg Barclays U.S. Agg Corporate Total Return Value Unhedged USD +3.80 +2.28 +3.61 +3.96 +5.79

Inception Date - Class A: 08/03/16

Inception Date - Class SMA: 06/08/07

View Detailed Performance

Current Maximum Sales Charge: 2.50%

1The Adviser has contractually agreed to limit expenses of the Fund.  This expense limitation agreement excludes interest, taxes, investment-related costs, leverage expenses, and extraordinary expenses and may be subject to possible recoupment.  Please see the Fund's prospectus for more information. 

2The expense limits will continue through at least August 1, 2018. Expenses are being waived to the contractual cap.

The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above “Average Annual Total Returns %” for performance information current to the most recent month-end. Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.

Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.

Historical performance shown for Class A shares reflects the historical performance of Class SMA shares for periods prior to the inception date of Class A (represented by italicized text). Historical performance of Class A shares likely would have been different because of differences in expenses attributable to each share class.

Principal Risks

Investment Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. High-Yield Securities, or "junk bonds", are rated lower than investment-grade bonds because there is a greater possibility that the issuer may be unable to make interest and principal payments on those securities. To the extent that the Fund invests in Mortgage- and/or Asset-Backed Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed-income securities. U.S. Government Securities and Obligations are subject to market and interest rate risk, and may be subject to varying degrees of credit risk. The Fund may use Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Convertible Securities are securities that are convertible into or exercisable for common stocks at a stated price or rate. The Fund may enter into Credit Default Swaps, either as a buyer or a seller of the swap. A buyer of a swap pays a fee to buy protection against the risk that a security will default. As Interest Rates rise, bond prices fall, reducing the value of the Fund's share price. Bank instruments include certificates of deposit, fixed time deposits, bankers’ acceptances, and other debt and deposit-type obligations issued by banks. Changes in economic, regulatory or political conditions, or other events that affect the banking industry may have an adverse effect on bank instruments or banking institutions that serve as counterparties in transactions with the Fund. Other risks of the Fund include but are not limited to: Credit; Interest Rate; Investment Model; Liquidity; Municipal Securities; Currency; Company; Concentration; Market; Market Capitalization; Other Investment Companies'; Prepayment and Extension; Real Estate Companies and Real Estate Investment Trusts (“REITs”); Repurchase Agreements; Sovereign Debt; and Securities Lending Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.
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