Large Cap Value

Approach

This strategy is an actively managed large cap value strategy that relies on fundamental research and analysis to capture the benefits of high-dividend yield and dividend growth. We believe an experienced and specialized research team is critical to generating alpha from stock selection and portfolios built with active risk substantially focused on stock picking deliver a superior performance profile.

Key Benefits

  • Stock selection by career sector analysts, using sector-specific research methodologies, drives alpha
  • Target universe strategically designed to identify stocks with sustainable dividend yield and dividend growth
  • Flexibility to emphasize dividend growth or high current yield supports consistent returns over a variety of market cycles
  • Strong performance relative to benchmark and peers since inception

Performance

Performance

As of 10/31/191 Month3 MonthYTD1yr3yr5yr10yrSince Inception (1/01/08)
Composite Gross0.370.5318.3711.7910.667.1012.198.63
Composite Net0.310.3817.8011.1310.016.4711.507.93
Index*1.401.9319.4611.2110.517.6111.966.79
Gross Excess Return-1.03-1.40-1.090.580.15-0.510.221.84

* Russell 1000 Value Index

Past performance does not guarantee future results.

Periods greater than one year are annualized. Performance data is considered final unless indicated as preliminary. Monthly performance is based on full GIPS Composite returns. Access the GIPS page for full composite details.

The Composite performance information represents the investment results of a group of fully discretionary accounts managed with the investment objective of outperforming the benchmark. Information is subject to change at any time. Gross returns are presented after all transaction costs, but before management fees. Returns include the reinvestment of income. Net performance is shown after the deduction of a model management fee equal to the highest fee charged.

Literature

Investment Team

Vincent Costa

Vincent Costa, CFA

Head of Global Quantitative Equities

Years of Experience: 34

Years with Voya: 13

Vincent Costa is head of the global quantitative equities team and also serves as a portfolio manager for the active quantitative and fundamental large cap value strategies. Vinnie joined Voya Investment Management (Voya IM) in April 2006 as head of portfolio management for quantitative equity. Prior to joining Voya IM, he managed quantitative equity investments at both Merrill Lynch Investment Management and Bankers Trust Company. He earned a BS in quantitative business analysis from Pennsylvania State University and an MBA in finance from the New York University Stern School of Business, and holds the Chartered Financial Analyst® designation.
James Dorment

James Dorment, CFA

Head of the Value Team and Portfolio Manager

Years of Experience: 24

Years with Voya: 11

James Dorment is head of the value team and also serves as a portfolio manager at Voya Investment Management for the large cap value strategies. He also covers the consumer discretionary sector. Prior to joining the firm, he was a senior research analyst from Columbia Management. Jim also worked at U.S. Trust analyzing and investing in a broad range of industries in both public and private equity markets. He received a BA in economics from Bates College. He holds the Chartered Financial Analyst® designation.

Disclosures

Peer Rankings: eVestment collects information directly from investment management firms and other sources believed to be reliable; however, eVestment does not guarantee or warrant the accuracy, timeliness, or completeness of the information provided and is not responsible for any errors or omissions. Performance results may be provided with additional disclosures available on eVestment’s systems and other important considerations such as fees that may be applicable. Not for general distribution. All categories not necessarily included. Totals may not equal 100%. Copyright 2013-2019 eVestment Alliance, LLC. All Rights Reserved. Voya Investment Management composite peer rankings represent percentile rankings which are based on monthly gross of fee returns and reflect where those returns fall within the indicated eVestment’s universe. eVestment provides third party databases, including the institutional investment database from which the presented information was extracted. The eVestment institutional investment database consists of over 1,500 active institutional managers, investment consultants, plan sponsors, and other similar financial institutions actively reporting on over 10,000 products. Additional information regarding eVestment rankings for year to date and since inception performance of the composites is available on eVestment’s website. For more information about the rankings presented above, including universe and additional time periods, please see our detailed eVestment ranking slides.

Principal Risks

The principal risks are generally those attributable to investing in stocks and related derivative instruments. Holdings are subject to market, issuer and other risks, and their values may fluctuate. Market risk is the risk that securities or other instruments may decline in value due to factors affecting the securities markets or particular industries. Issuer risk is the risk that the value of a security or instrument may decline for reasons specific to the issuer, such as changes in its financial condition.