Voya Mid Cap Research Enhanced Index Fund - Class A
The Voya Mid Cap Research Enhanced Index Fund was formally the Voya Mid Cap Value Advantage Fund. Effective 5/31/16
The Voya Mid Cap Value Advantage Fund was formally the Voya SMID Cap Equity Fund. Effective 5/22/14
- Seeks long-term capital growth by investing in a portfolio of securities of mid-capitalization companies included in the S&P MidCap 400® Index
- Incorporates research from both the fundamental equity team and proprietary quantitative models
- Optimization techniques are used to minimize style and sector biases, while keeping risk low relative to the benchmark
The Fund seeks to outperform the total return performance of the S&P MidCap 400® Index (“Index”) while maintaining a market level of risk.
Daily Prices as of 03/24/2017
|Net Asset Value (NAV)||$16.69|
|Public Offering Price (POP)||$17.71|
|Inception Date||Feb 03, 1998|
|Min. Initial Investment||$1,000.00|
Average Annual Total Returns %
|As of Feb 28, 2017 As of Dec 31, 2016||Expense Ratios|
|YTD||1 YR||3 YR||5 YR||10 YR||Gross||Net 1, 2|
|Net Asset Value||+4.09||+31.01||+6.45||+10.91||+6.33||1.12%||1.00%|
|With Sales Charge||-1.90||+23.45||+4.38||+10.24||+6.00|
|S&P MidCap 400 Index||+4.34||+31.73||+9.64||+13.83||+9.15||—||—|
|Russell Midcap Value Index||+4.52||+31.84||+9.77||+14.75||+7.67||—||—|
|Net Asset Value||+18.60||+18.60||+5.93||+12.55||+6.29||1.12%||1.00%|
|With Sales Charge||+11.75||+11.75||+3.87||+11.87||+5.96|
|S&P MidCap 400 Index||+20.74||+20.74||+9.04||+15.33||+9.16||—||—||—|
|Russell Midcap Value Index||+20.00||+20.00||+9.45||+15.70||+7.59||—||—||—|
Inception Date - Class A: 02/03/98
Current Maximum Sales Charge: 5.75%
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 October 1, 2017. 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.
Russell Midcap Value Index
The Russell Midcap® Value Index is an unmanaged index that measures the performance of those companies included in the Russell Midcap® Index with lower price-to-book ratios and lower forecasted growth values.
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. 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. Mid-Cap Stocks generally have higher risk characteristics than large cap stocks. Other risks of the Fund include but are not limited to: Other Investment Companies Risks; Price Volatility Risks; Securities Lending Risks; and Portfolio Turnover Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.