Strengthen a traditional core bond allocation with a flexible, well disciplined unconstrained bond fund. The complementary allocations can help improve diversification, increase yield and reduce interest rate risk.
Product Facts
Ticker Symbol | ISIAX |
CUSIP | 92913L700 |
Inception Date | November 2, 2012 |
Dividends Paid | Monthly |
Min. Initial Investment | $1,000.00 |
About this Product
- A multi-sector strategy that seeks attractive returns by investing in the broad global fixed income universe.
- The fund takes a flexible unconstrained approach, not managed relative to an index, to obtain more attractive and diversified return potential.
- Collaborative process harnesses insights of more than 150 investment professionals; integrates sector and security analysis, trading and risk management.
Investment Objective
The Voya Strategic Income Opportunities Fund seeks to provide consistent returns in all market environments by diversifying broadly across global debt markets independent of a traditional benchmark.2
Performance
Average Annual Total Returns %
As of September 30, 2024
As of September 30, 2024
Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
---|---|---|---|---|---|---|---|
Gross | Net | ||||||
Net Asset Value | +6.06 | +10.65 | +1.78 | +1.98 | +3.13 | 0.88% | 0.88% |
With Sales Charge | +3.46 | +7.86 | +0.91 | +1.47 | +2.87 | ||
Net Asset Value | +6.06 | +10.65 | +1.78 | +1.98 | +3.13 | 0.88% | 0.88% |
With Sales Charge | +3.46 | +7.86 | +0.91 | +1.47 | +2.87 | ||
Bloomberg U.S. Universal Index | +4.91 | +12.08 | -1.05 | +0.70 | +2.15 | — | — |
ICE BofA U.S. Dollar 3-Month Deposit Offered Rate Constant Maturity Index | +4.20 | +5.64 | +3.50 | +2.45 | +1.84 | — | — |
Bloomberg U.S. Universal Index | +4.91 | +12.08 | -1.05 | +0.70 | +2.15 | — | — |
ICE BofA U.S. Dollar 3-Month Deposit Offered Rate Constant Maturity Index | +4.20 | +5.64 | +3.50 | +2.45 | +1.84 | — | — |
Inception Date - Class A:November 2, 2012
Current Maximum Sales Charge: 2.50%
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.
The ICE BofA U.S. Dollar 3-Month Deposit Offered Rate Constant Maturity Index is designed to track the performance of a synthetic asset paying ICE Term SOFR to a stated maturity. The index is based on the assumed purchase at par of a synthetic instrument having exactly its stated maturity and with a coupon equal to that day’s fixing rate. That issue is assumed to be sold the following business day (priced at a yield equal to the current day rate) and rolled into a new instrument. Effective October 1, 2022 the underlying reference rate for this index was replaced from USD LIBOR to ICE Term SOFR. Investors cannot directly invest in an index. BofA indices used with permission, are provided “AS IS”, without warranties, and with no liability. BofA does not sponsor, endorse, review, or recommend Voya or its products or services.
The Bloomberg U.S. Universal Bond Index represents the union of the U.S. Aggregate Index, U.S. Corporate High Yield Index, Investment Grade 144A Index, Eurodollar Index, U.S. Emerging Markets Index, and the non-ERISA eligible portion of the CMBS Index. The index covers USD-denominated, taxable bonds that are rated either investment grade or high-yield.
Past performance does not guarantee future results.
Yields
As of September 30, 2024
SEC 30-Day Yield (Unsubsidized) SEC 30-Day Yield (Unsubsidized): A standardized yield calculation created by the SEC, it reflects the income earned during a 30-day period, after the deduction of the fund's gross expenses. Negative 30-Day SEC Yield results when accrued expenses of the past 30 days exceed the income collected during the past 30 days. | 4.38 |
SEC 30-Day Yield (Subsidized) SEC 30-Day Yield (Subsidized): A standardized yield calculation created by the SEC, it reflects the income earned during a 30-day period, after the deduction of the fund's net expenses (net of any expense waivers or reimbursements). | 4.38 |
Distribution Yield @ NAV Distribution Yield @ NAV: Current annualized distribution rate based upon NAV is the latest dividend shown as an annualized percentage of net asset value. | 5.41 |
Distribution Yield @ MOP Distribution Yield @ MOP: Current annualized distribution rate, based upon maximum offering price which is adjusted for sales changes (MOP), where applicable, is the latest dividend shown as an annualized percentage of maximum offering price. | 5.28 |
Returns-Based Characteristics
As of September 30, 2024
3 Year | 5 Year | 10 Year | |
---|---|---|---|
Sharpe Ratio Sharpe Ratio: A risk-adjusted measure calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance. | -0.55 | -0.08 | 0.30 |
Standard Deviation Standard Deviation: A measure of the degree to which an individual probability value varies from the distribution mean. The higher the number, the greater the risk. | 3.80 | 6.22 | 4.55 |
Growth of a $10,000 Investment
For the period 10/31/2014 through 09/30/2024
Ending Value: $13,611.00
The performance quoted in the "Growth of a $10,000 Investment" chart represents past performance. Performance shown is without sales charges; had sales charges been deducted, performance would have been less. Ending value includes reinvestment of distributions.
Portfolio
Portfolio Statistics
As of October 31, 2024
Net Assets millions Net Assets: The per-share dollar amount of the fund, calculated by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding. | $2,055.0 |
Number of Holdings Number of Holdings: Number of Holdings in the investment. | 1,900 |
Duration years | 2.22 |
Weighted Average Life years Weighted Average Life: The length of time until the average security in a fund will mature or be redeemed by its issuer. It indicates a fund's sensitivity to interest rate changes: longer average weighted maturity implies greater volatility in response to interest rate changes. | 4.41 |
Total |
Top Issuers
as of September 30, 2024
RFM RE-REMIC TRUST RFM_22-FRR1 | 1.08 |
MORGAN STANLEY | 0.75 |
GAM RESECURITIZATION TRUST GAM_22-FRR3 | 0.74 |
GAM RESECURITIZATION TRUST GAM_21-FRR2 | 0.73 |
STRUCTURED AGENCY CREDIT RISK STACR_21-HQA4 | 0.56 |
PRIMA CAPITAL LTD PRIMA_19-7A | 0.55 |
JPMORGAN CHASE & CO | 0.53 |
WELLS FARGO & COMPANY | 0.52 |
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-57 | 0.50 |
GS MORTGAGE SECURITIES CORPORATION TRUST GSMS_21-ARDN | 0.49 |
Total | #,###.2 |
Credit Quality
% of Total Investments as of September 30, 2024
Treasuries/Cash | 13.66 |
AAA | 13.74 |
AA | 14.18 |
A | 14.66 |
BBB | 9.42 |
BB | 11.73 |
B | 10.61 |
<B | 2.30 |
Not Rated | 9.68 |
Total | #,###.2 |
Credit quality is calculated based on S&P, Moody's and Fitch ratings. Generally accepted, AAA is the highest grade (best) to D which is the lowest (worst). If the ratings from all 3 rating agencies are available, securities will be assigned the median rating. If the ratings are available from only two of the agencies, the more conservative of the ratings will be assigned to the security. If the rating is available from only one agency, then that rating will be used. Any security that is not rated is placed in the NR (Not Rated) category. Ratings do not apply to the Fund itself or to the Fund shares. Ratings are subject to change.
Sector Allocation
% of Total Investments as of September 30, 2024
CMBS | 19.55 |
Non-Agency RMBS and SF CRT | 17.15 |
US Treasury & Cash | 13.66 |
Asset Backed Securities | 11.84 |
HY Corporates | 11.62 |
Agency Mortgages | 8.83 |
Bank Loans | 6.82 |
IG Corporates | 6.08 |
Emerging Markets | 4.85 |
Government Related | 0.39 |
Privates | 0.00 |
Total | #,###.2 |
Top Country Weightings
% of Total Investments as of September 30, 2024
UNITED STATES | 92.37 |
CANADA | 1.08 |
BRAZIL | 0.74 |
CHILE | 0.56 |
IRELAND | 0.56 |
UNITED KINGDOM | 0.56 |
MEXICO | 0.44 |
JAPAN | 0.43 |
SUPRANATIONAL | 0.37 |
PANAMA | 0.31 |
Total | #,###.2 |
Maturity Details
% of Total Investments as of September 30, 2024
Cash | 13.26 |
<1 Year | 6.43 |
1-3 Years | 15.81 |
3-5 Years | 30.41 |
5-7 Years | 14.22 |
7-10 Years | 10.94 |
10-20 Years | 7.81 |
>20 Years | 1.09 |
Total | #,###.2 |
Maturity allocations are based on securities’ Average Life, which incorporates pre-payment assumptions and can thus be much different than a bond’s maturity date, particularly in the case of mortgage-backed securities.
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Ratings
Distributions
Payment Frequency: Monthly
Ex-Date
Ex-Date: Date on which a stock begins trading without the benefit of the dividend. Typically, a stock’s price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date. | Payable Date
Payable Date: Date on which a declared stock dividend or a bond interest payment is scheduled to be paid. | Record Date
Record Date: Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend. | Amount | |
---|---|---|---|---|
Income Dividend | 10/31/2024 | $0.042594 | ||
Income Dividend | 09/30/2024 | $0.041460 | ||
Income Dividend | 08/30/2024 | $0.042656 | ||
Income Dividend | 07/31/2024 | $0.042067 | ||
Income Dividend | 06/28/2024 | $0.040620 | ||
Income Dividend | 05/31/2024 | $0.041912 | ||
Income Dividend | 04/30/2024 | $0.040560 | ||
Income Dividend | 03/28/2024 | $0.042067 | ||
Income Dividend | 02/29/2024 | $0.039295 | ||
Income Dividend | 01/31/2024 | $0.041881 | ||
Income Dividend | 12/29/2023 | $0.041323 | ||
Income Dividend | 11/30/2023 | $0.039540 | ||
Income Dividend | 10/31/2023 | $0.040641 | ||
Totals: $0.536616 |
Income Dividend: Payout to shareholders of interest, dividends, or other income received by the Fund, net of operating expenses. By law, all such income must be distributed to shareholders, who may choose to take the money in cash or reinvest it in more shares of the Fund.
Short-Term Capital Gain: The profit realized from the sale of securities held for less than one year.
Long-Term Capital Gain: Gain on the sale of a security where the holding period was 12 months or more and the profit was subject to the long-term capital gains tax.
Investment Team
Disclosures
Principal Risks
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. You could lose money on your investment and any of the following risks, among others, could affect investment performance. The following principal risks are presented in alphabetical order which does not imply order of importance or likelihood: Bank Instruments; Company; Convertible Securities; Credit; Credit Default Swaps; Currency; Deflation; Derivative Instruments; Environmental, Social, and Governance (Fixed Income); Floating Rate Loans; Foreign (Non-U.S.) Investments/ Developing and Emerging Markets; High-Yield Securities; Inflation-Indexed Bonds; Interest in Loans; Interest Rate; Liquidity; Market; Market Capitalization; Market Disruption and Geopolitical; Mortgage- and/or Asset-Backed Securities; Other Investment Companies; Portfolio Turnover; Preferred Stocks; Prepayment and Extension; Securities Lending; Sovereign Debt; U.S. Government Securities and Obligations. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.
2 Diversification does not ensure a profit or protect against a loss in a declining market. The firm relies upon quantitative models for certain investment strategies in developed currency markets.