Investment Grade Credit

Approach

The Investment Grade Credit strategy employs a total return approach, offering a comprehensive yet focused approach to investing in the full range of investment grade U.S. corporate bonds. We believe that selecting securities based on rigorous credit research and a keen awareness of credit cycles is critical for identifying investment opportunities and managing downside risk.

Key Benefits

  • Experienced, Consistent Team: Dedicated team with extensive experience across wide array of credit strategies and mandates with unique risk/return and duration profiles, which allows for more unique balance and insight when making investment decisions
  • Advantaged Security Selection: Our analysts maintain multiple touchpoints with corporate management teams, allowing for deeper insight into corporate trends and management styles
  • Genuine Investment Grade Allocation: Our strategy is simple and "pure" to provide investors with direct U.S. investment grade credit exposure, no currency exposure, and no duration bets

Performance

Performance

As of 7/31/191 Month3 MonthYTD1yr3yr5yr10yrSince Inception (2/01/09)
Composite Gross0.704.8311.4811.194.655.017.568.60
Composite Net0.674.7611.3210.904.374.727.218.25
Index*0.564.5010.4710.423.644.215.686.59
Gross Excess Return0.140.341.020.771.010.811.882.01

* Bloomberg Barclays U.S. Corporate 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

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

Travis King

Travis King, CFA

Co-Head of Investment Grade Credit

Years of Experience: 21

Years with Voya: 14

Travis King is co-head of investment grade credit at Voya Investment Management. Prior to joining the firm, he was a senior fixed income analyst with Reams Asset Management. Travis received a BBA from James Madison University and an MBA from Memorial University. He holds the Chartered Financial Analyst® designation.
Anil Katarya

Anil Katarya, CFA

Co-Head of Investment Grade Credit

Years of Experience: 21

Years with Voya: 19

Anil Katarya is co-head of investment grade credit and senior portfolio manager at Voya Investment Management. Previously, Anil was the head of credit portfolio management and also served as a portfolio manager and credit analyst on the investment grade team since joining Voya in 2000. Prior to joining the firm, Anil was a financial analyst for Mirant Inc. He received a BS in mechanical engineering from Kurukshetra University, India, and an MBA from Georgia State University. Anil 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.

Institutional Investor magazine’s 2015 US Investment Management Awards awarded Voya Investment Management top manager in the "Corporate Fixed Income" category. The awards recognize U.S. institutional investors whose innovative strategies and fiduciary savvy resulted in impressive returns in 2014, as well as U.S. money managers in 36 asset classes who stood out in the eyes of the investor community for their exceptional performance, risk management and service.

The Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Lipper Fund Award. For more information, see lipperfundawards.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. ©2019 Refinitiv. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.

Principal Risks

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.