Approach
Key Benefits
- Skill of Team: Expertise of a veteran team that has the skill and ability to manage across the securitized spectrum, adjusting exposure to alpha drivers as market conditions change
- Integration of Platform: Integration into the broader MBS team, partnerships with the Voya Commercial Mortgage Loan and the Voya Senior Loan teams allows for deeper and direct insight to investment ideas
- Uniqueness of Approach: Our through the cycle approach focuses on consistency and risk-adjusted returns across market environments; not predicated on temporary dislocations
Performance
Performance
| As of 6/30/19 | 1 Month | 3 Month | YTD | 1yr | 3yr | 5yr | 10yr | Since Inception (11/01/14) |
|---|---|---|---|---|---|---|---|---|
| Composite Gross | 0.60 | 2.36 | 5.43 | 6.67 | 6.60 | - | - | 6.27 |
| Composite Net | 0.56 | 2.24 | 5.20 | 6.20 | 6.13 | - | - | 5.80 |
| Index* | 0.73 | 2.04 | 4.31 | 6.37 | 2.10 | - | - | 2.54 |
| Gross Excess Return | -0.14 | 0.31 | 1.12 | 0.30 | 4.50 | - | - | 3.74 |
* Bloomberg Barclays U.S. Securitized MBS/ABS/CMBS 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 Securitized Credit Opportunistic Strategy Brief
Q2 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
Securitized Credit: A Through the Cycle Investment
Approved For: Financial Professional or Qualified Institutional Investor Use Only
Securitized Credit: Whitepaper
Approved For: Financial Professional or Qualified Institutional Investor Use Only
Investment Team
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.
Jonathan Abshire, CFA
Portfolio Manager, Structured Finance
Years of Experience: 17
Jonathan Abshire is a portfolio manager on the non-agency RMBS and ABS securities team at Voya Investment Management, focusing on European ABS. Previously, Jonathan completed a four-year expatriate assignment with the European ABS team in the Netherlands, overseeing a €9 billion structured finance portfolio. Jonathan began his career with the firm in the structured finance group, working on the non-agency RMBS and credit card ABS portfolios. Prior to joining the firm, Jonathan worked as an intern for Merrill Lynch and UBS. He received a BBA with a concentration in finance from the Goizueta Business School at Emory University and holds the Chartered Financial Analyst® designation.
John R. Edwards
Portfolio Manager, Commercial Mortgage-backed Securities
Years of Experience: 19
John Edwards is a portfolio manager on the commercial mortgage-backed securities team for Voya Investment Management, focusing on portfolio management and security selection, as well as credit monitoring and analysis. Previously, John worked in the firm’s real estate whole loan group in numerous positions including production, risk management, problem loan restructure and real estate equities management. He holds a BS in finance and real estate from Florida State University and an MBA from Georgia State University.
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.