Investment Management

Core Plus

What Defines A Successful Core Plus Bond Manager?

In an uncertain fixed income environment it is important to look for experienced, well-resourced managers that employ a time-tested, active and nimble investment process well positioned to capitalize on opportunities as they emerge. Voya’s Core Plus capability is an all-weather strategy built around the business cycle and focused on providing investors with strong risk-adjusted returns in both up and down markets.

Voya Core Plus Strategy

Experience More than 100 fixed income professionals with sector heads average 20 years of investment experience and 13 years at Voya. $125 billion in total fixed income AUM1 with $9 billion in Core Plus assets.
Adaptability Three levers to adjust with the business cycle: sector allocations, security selection and interest rate exposures.
Results An emphasis on nimbleness and risk control has resulted in consistently strong returns in both up and down markets.
eVestment Percentile Ranking & Up and Down Market Capture charts
Strong Returns Across Varying Market Conditions chart

For financial professional or qualified institutional investor use only. Not for inspection by, distribution or quotation to, the general public. Past performance is no guarantee of future results.

1 As of 09/30/14. Total Fixed Income assets include proprietary insurance general account assets totaling $85 billion on a market value basis. General account assets, as reported in Voya Financial, Inc. SEC filings, are valued on a statutory book value basis of approximately $79 billion. Approximately $0.6 billion of total fixed income assets are also included in the Senior Loan and Private Equity totals.

* Source: eVestment Alliance, Morningstar, and Voya Investment Management. Rankings presented are based on "composites", calculated as an asset-weighted average return of similarly-managed individual portfolios. Returns are presented before the deduction of management fees and will be reduced by advisory fees and other fees incurred in the management of the portfolio. For a description of advisory fees, please see Form ADV, Part II. Past performance does not guarantee future results. For additional performance information, please refer to the fully-compliant presentation, which must accompany or precede this material. Information Ratio is defined as the Excess Return divided by Tracking Error over the measurement period presented. Capture ratios are based on the percentage of time that the strategy outperformed the benchmark index when the quarterly returns of the index were either positive (Upside) or negative (Downside) over the measurement period presented.

** Source Voya Investment Management. The index represented is thr Barclay’s Aggregate Bond Index. The up and down capture ratios are statistical measures of an investment manager’s overall performance in up and down markets.

*** Source Voya Investment Management. Annual rate changes based on the US Government 10 year yield.

Market Insight

Despite Noise, Macro Factors Will Drive Fixed Income Markets

October 2014


Contact Us

Brian Baskir photo Consultants Brian Baskir Managing Director and Head of Global Consultant Relations (212) 309-6481
Eileen Madden, CFA photo Client Service Eileen Madden, CFA Senior Vice President and Head of Client Service and Relationship Management (860) 275-4640
Ken Sarafa photo U.S. Sales Ken Sarafa Senior Vice President, Institutional Client Advisor, Central Region (248) 554-4802
John Simone, CFA photo U.S. Sales John Simone, CFA Managing Director, Head of Insurance Solutions (212) 309-8413

Principal 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-Related Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed-income securities. 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. As Interest Rates rise, bond prices fall, reducing the value of the Fund's share price. Other risks of the Fund include but are not limited to: Credit Risks; Extension Risks; Investment Models Risks; Municipal Securities Risks; Other Investment Companies' Risks; Prepayment Risks; Price Volatility Risks; U.S. Government Securities and Obligations Risks; Inability to Sell Securities Risks; Portfolio Turnover Risks; 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.

Learn more on the GIPS® compliance Schedule of Composite Performance.

CID #10778