- Seeks consistent, moderate returns across all market environments with a focus on downside protection
- Controlled fixed income-like risk exposure
- Avoidance of undue correlation to traditional fixed income and equity
|As of 9/30/21||1 Month||3 Month||YTD||1yr||3yr||5yr||10yr||Since Inception (1/01/13)|
|Gross Excess Return||0.25||0.38||2.60||6.17||2.85||3.35||-||3.38|
* ICE BofA USD 3M Deposit Offered Rate Constant Maturity 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.
Matt Toms, CFA
Chief Investment Officer, Fixed Income
Years of Experience: 27
Years with Voya: 12
Sean Banai, CFA
Head of Portfolio Management
Years of Experience: 22
Years with Voya: 22
Brian Timberlake, PhD, CFA
Head of Fixed Income Research
Years of Experience: 18
Years with Voya: 18
The principal risks are generally those attributable to bond investing. Holdings are subject to market, issuer, credit, prepayment, extension, 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. The strategy may invest in mortgage-related securities, which can be paid off early if the borrowers on the underlying mortgages pay off their mortgages sooner than scheduled. If interest rates are falling, the strategy will be forced to reinvest this money at lower yields. Conversely, if interest rates are rising, the expected principal payments will slow, thereby locking in the coupon rate at below market levels and extending the security’s life and duration while reducing its market value. High yield bonds carry particular market risks and may experience greater volatility in market value than investment grade bonds. Foreign investments could be riskier than U.S. investments because of exchange rate, political, economics, liquidity, and regulatory risks. Additionally, investments in emerging market countries are riskier than other foreign investments because the political and economic systems in emerging market countries are less stable.