Mid Cap Growth

Approach

The Mid Cap Growth strategy is an actively managed mid-cap growth strategy that relies on fundamental research and analysis to identify companies with strong and accelerating business momentum, increasing market acceptance and attractive valuations. Our disciplined, bottom-up strategy focuses on security selection, using rigorous fundamental research and analysis of the characteristics of individual companies.

Key Benefits

  • History of consistent performance across a range of market environments
  • Disciplined, repeatable process driven by fundamental research
  • Stable, experienced investment team leverages the resources of Voya’s Fundamental Equity platform
  • Strong performance relative to the benchmark and peer group competitors since inception
  • Close adherence to style assures suitability in a formal asset allocation process

Performance

Performance

As of 6/30/191 Month3 MonthYTD1yr3yr5yr10yrSince Inception (8/01/05)
Composite Gross5.245.5921.699.2814.1110.8616.0711.47
Composite Net5.175.4021.258.4713.2710.0415.2010.59
Index*7.025.4026.0813.9416.4911.1116.029.83
Gross Excess Return-1.790.19-4.40-4.66-2.38-0.240.051.64

* Russell Midcap Growth 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

Jeffrey Bianchi

Jeffrey R Bianchi, CFA

Head of Growth and Portfolio Manager

Years of Experience: 25

Jeffrey Bianchi is the head of the growth team and serves as a portfolio manager at Voya Investment Management for the large cap growth and mid cap growth strategies. When Jeff joined the firm he spent a year as a quantitative analyst before moving to the fundamental equity team where he then worked as an analyst covering the health care, technology and industrials sectors for the large cap growth strategies. He joined the large cap growth portfolio management team in 2000, was named a portfolio manager on the strategy in 2008, and was named a portfolio manager on the mid cap growth strategy in 2005. Jeff received a BA in economics, a BS in finance, and an MA in economics from the University of Connecticut and holds the Chartered Financial Analyst® designation.

Michael Pytosh

Michael Pytosh

Chief Investment Officer, Equities

Years of Experience: 15

Michael Pytosh is chief investment officer, equities at Voya Investment Management. Mike also serves as a portfolio manager on the growth team responsible for the large cap growth and mid cap growth strategies. Previously at the firm, Mike covered the technology sector as an analyst. Prior to joining the firm, he was president of Lincoln Equity Management, LLC and a technology analyst. Mike also served as a technology analyst at JPMorgan Investment Management and an analyst at Lehman Brothers. Mike started his career at American Express. He has a BS degree in accounting from Arizona State University and is a member of the Institute of Electrical and Electronic Engineers.

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 stock investing. Holdings are subject to market, issuer and other risks, and their values may fluctuate. Market risk is the risk that securities 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 may decline for reasons specific to the issuer, such as changes in its financial condition. More particularly, growth-oriented stocks typically sell at higher valuations than other stocks. If a growth-oriented stock does not exhibit the level of growth expected, its price may drop sharply. Additionally, growth-oriented stocks have been more volatile than value-oriented stocks.