Voya Small Company Fund - Voya Investment Management
Transcription
Voya Small Company Fund - Voya Investment Management
Domestic Equity Q1 2015 Voya Small Company Fund Investment Objective Voya Small Company Fund Performance (%) as of 03/31/15 The Fund seeks growth of capital primarily through investment in a diversified portfolio of common stocks of companies with smaller market capitalizations. Class I Shares Average Annual Total Returns (Performance may vary for other share classes) QTR 4.10 4.32 YTD 4.10 4.32 1 Year 9.06 8.21 3 Years 15.39 16.27 5 Years 10 Years 13.91 9.72 14.57 8.82 Expense Ratio Gross 1.15% Net 1.05% Portfolio Management Team At Net Asset Value Russell 2000 Voya Investments, LLC, Investment Adviser Voya Investment Management Co. LLC, Sub-Adviser Steven Salopek, Portfolio Manager Joseph Basset, CFA, Portfolio Manager James Hasso, Portfolio Manager The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, brokerage, and extraordinary expenses and may be subject to possible recoupment. Please see the Fund's prospectus for more information. The expense limits will continue through at least October 1, 2015. Expenses are being waived to the contractual cap. Fund Facts Calendar Year Total Returns (%) Class A Class C Class I Class R6 Class W NASDAQ Symbol AESAX ASCCX AESGX ISMZX ISMWX Class I Shares as of December 31 CUSIP # 92913R590 92913R574 92913R566 92913R202 92913R780 Inception Date 04/15/1994 06/30/1998 01/04/1994 05/31/2013 06/12/2009 50 25 0 -25 Summary Total Net Assets ($ millions) Number of Holdings Distribution Payment Frequency Minimum Initial Investment Morningstar Category Fiscal Year End $600.4 159 Annually $250,000 Small Blend May 31 Portfolio Statistics Weighted Average Market Cap (millions) Avg. Price-to-Book (P/B) Ratio Avg. Price-to-Earnings (P/E) Ratio Standard Deviation Sharpe Ratio Alpha (3-yr) Beta (3-yr) R2 Fund Benchmark $3,087 $2,068 2.75 24.69 3.16 12.12 1.24 0.73 0.90 98.23 13.41 1.19 Source: Voya Investment Management, Morningstar, and FactSet. Portfolio statistics are shown for Class I shares only. For definitions, see glossary of terms. Not FDIC Insured | May Lose Value | No Bank Guarantee I N V E S T M E N T M A N AG E M E N T voyainvestments.com -50 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Fund 9.19 16.59 5.15 -31.21 27.42 24.02 -2.81 14.12 37.21 6.16 Benchmark 4.55 18.37 -1.57 -33.79 27.17 26.85 -4.18 16.35 38.82 4.89 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. SEC fund returns assume the reinvestment of dividends and capital gain distributions and include a sales charge. Net Asset Value fund returns assume the reinvestment of dividends and capital gain distributions. Total return for less than one year is not annualized. Results would have been less favorable if the sales charge were included. The Russell 2000 Index is an unmanaged index that measures the performance of securities of smaller U.S. companies. The Index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot directly invest in an index. Domestic Equity Q1 2015 Voya Small Company Fund Top Holdings** (%) Growth of $10,000 Investment Class I Shares (without Sales Charge) | 10-Year Period Ending 03/31/15 Ending Value $25,294 30,000 25,000 20,000 15,000 10,000 5,000 0 03/05 03/07 03/09 03/11 03/13 03/15 The performance quoted in the "Growth of $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. Voya Investment Management ("Voya IM") Voya Investment Management (Voya IM) is a leading active asset management firm. Drawing on over 40 years of experience and an ongoing commitment to reliable investing, Voya IM has the resources and expertise to help long-term investors achieve strong investment results. Investment Risks: All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Investing in stocks of Smaller-Sized Companies may entail greater volatility and less liquidity than larger companies. 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. Other risks of the Fund include but are not limited to: Market Trends Risks; Other Investment Companies' Risks; Price Volatility 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. Glossary of Terms: Alpha Measures the difference between a fund's actual return and its level of risk as measured by beta. An alpha of 0.5 implies the fund performed 0.5% better than the market would predict. The figure is calculated on a three-year basis relative to the benchmark. Avg. Price-to-Book (P/B) Ratio The ratio of a stock’s price to its Book value. Avg. Price-to-Earnings (P/E) Ratio The price of a stock divided by its earnings per share. Beta Measures the Fund's volatility relative to the overall market. A beta above 1 is more volatile than the overall market, while a beta below 1 is less volatile. R2 The way in which a percentage of a portfolio's total returns represents the portfolio's beta measure. 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 fund's historical risk-adjusted performance. 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. Weighted Average Market Cap The value of a corporation as determined by the market price of its issued and outstanding common stock. An investor should consider the investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. For a free copy of the Fund's prospectus, or summary prospectus, which contains this and other information, visit us at www.voyainvestments.com or call (800) 992-0180. Please read the prospectus carefully before investing. ©2015 Voya Investments Distributor, LLC, 230 Park Ave, New York, NY 10169. All rights reserved. Individual Investors (800) 992-0180 FFS-SMCOMPANYI1 (0401-040115-ex073115) RETIR E M E NT | INV ES TM EN TS | I N S U R A N C E voyainvestments.com iShares Russell 2000 Index Fund HealthSouth Corp. Microsemi Corp. QLIK Technologies, Inc. Cardtronics Inc. HB Fuller Co. Wolverine World Wide, Inc. Orbital ATK, Inc. Brady Corp. MB Financial, Inc. 1.54 1.08 1.04 1.01 0.99 0.99 0.98 0.97 0.96 0.94 Excludes investments made with cash collateral received for securities on loan. Equity Sector Breakdown** (%) Financials Industrials Information Technology Consumer Discretionary Health Care Materials Energy Consumer Staples Utilities Not Classified - Mutual Fund Fund Benchmark 24.33 23.67 17.96 13.58 17.01 17.91 14.60 14.02 11.52 15.61 4.88 4.37 3.78 3.38 2.23 3.19 2.09 3.52 1.59 0.00 Source: Voya Investment Management, Morningstar, and FactSet. Portfolio Composition** (%) Stocks Short Terms Other 95.58 2.88 1.54 **Portfolio holdings, sector weightings, and compositions are subject to change daily.