Approach
Key Benefits
- A short duration and quality-focused strategy aimed at providing protection through volatile markets
- Top-down macro themes shape overall strategy and provide context for our bottom-up security selection
- Balanced emphasis on quantitative and qualitative inputs foster strong checks and balances and validation for our investment themes
- Proprietary risk budgeting and management tools guide portfolio construction
- Historically competitive absolute and risk-adjusted performance over time
Performance
Performance
| As of 6/30/19 | 1 Month | 3 Month | YTD | 1yr | 3yr | 5yr | 10yr | Since Inception (1/01/13) |
|---|---|---|---|---|---|---|---|---|
| Composite Gross | 0.60 | 1.58 | 3.52 | 4.85 | 2.43 | 2.20 | - | 2.20 |
| Composite Net | 0.58 | 1.52 | 3.40 | 4.60 | 2.18 | 1.93 | - | 1.92 |
| Index* | 0.56 | 1.48 | 2.71 | 4.27 | 1.59 | 1.46 | - | 1.31 |
| Gross Excess Return | 0.04 | 0.09 | 0.82 | 0.58 | 0.84 | 0.75 | - | 0.89 |
* Bloomberg Barclays U.S. Government/Credit 1-3 Year 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
Voya Short Duration Strategy Brief
Q1 2019
Includes Investment Commentary
Approved For: Financial Professional or Qualified Institutional Investor Use Only
Fixed Income Capabilities Guide
Voya exploits alpha opportunities across the fixed income spectrum, with differentiated capabilities beyond traditional sectors.
Approved For: Qualified Institutional Investor Use Only
Expanding Fixed Income Menus in DC Plans
In DC plans, fixed income investment options often lack diversity. Expanding fund lineups to include a wider range of fixed income strategies could potentially help investors increase risk-adjusted returns.
Approved For: Financial Professional or Qualified Institutional Investor Use Only
Investment Team
Matt Toms, CFA
Chief Investment Officer, Fixed Income
Years of Experience: 10
Matt Toms is chief investment officer of fixed income at Voya Investment Management. In this role, he leads a team of more than 100 investment professionals. Before becoming CIO, Matt was head of public fixed income at Voya Investment Management, overseeing the investment teams responsible for investment grade corporate, high yield corporate, structured products, mortgage-backed securities, emerging market debt and money market strategies for Voya’s general account and third-party business. In this capacity, Matt led the fixed income investment strategy and portfolio management process in close partnership with Christine Hurtsellers, former CIO of fixed income and now chief executive officer of Voya Investment Management; he also served as a lead portfolio manager on many of Voya's multi-sector fixed income strategies. Prior to joining the firm, Matt worked with Calamos Investments, where he established and grew their fixed income business. He also has prior experience with Northern Trust and Lincoln National within both public and private corporate markets as well as across multi-sector and global bond portfolio management. Matt received a BBA from the University of Michigan and holds the Chartered Financial Analyst® designation
Sean Banai, CFA
Head of Portfolio Management
Years of Experience: 20
Sean Banai is head of portfolio management for the fixed income platform at Voya Investment Management. Previously, Sean was a senior portfolio manager and before that head of quantitative research for proprietary fixed income. Prior to joining the firm in 1999, he was a partner in a private sector company. Sean received a BA and an MS in actuarial science from Georgia State University. He holds the Chartered Financial Analyst® designation.
Bob Kase, CFA
Senior Portfolio Manager
Years of Experience: 12
Bob Kase is a senior portfolio manager at Voya Investment Management. Previously, he was the co-lead portfolio manager for proprietary investments investment grade credit. Before joining the firm, he managed corporate, ABS and CMBS for SunTrust Bank. He began his career as a senior portfolio manager at CL Capital Management, followed by a stint as a senior portfolio manager for American General. Bob received a BS from Georgia Tech and an MBA from Georgia State University. He holds the Chartered Financial Analyst® designation.
Dave S Goodson
Head of Securitized
Years of Experience: 17
Dave Goodson is a managing director, head of securitized fixed income and a senior portfolio manager for Voya Investment Management’s non-agency and agency mortgage-backed securities, commercial mortgage-backed securities and asset-backed securities strategies. Prior to joining the firm, he was a principal at an independent investment bank focused on asset-backed commercial paper transactions. Dave began his career as a vice president in Wachovia Securities’ asset-backed finance group, marketing and executing securitizations for the bank’s corporate clients. He received a BS in management from the Georgia Institute of Technology.
Randy Parrish, CFA
Head of Credit
Years of Experience: 18
Randy Parrish is a managing director, head of credit and a senior high yield portfolio manager at Voya Investment Management. As head of credit, Randy oversees the high yield, investment grade and emerging market teams. Previously, Randy was head of high yield and served as a portfolio manager and analyst on the high yield team since joining Voya in 2001. Prior to joining the firm, he was a corporate banker in leveraged finance with SunTrust Bank and predecessors to Bank of America. Randy received a BBA in business administration from the University of Georgia and 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.