Voya GNMA Income Fund Wins 2017 Thomson Reuters Lipper Fund Award
NEW YORK, March 24, 2017 /PRNewswire/ -- Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that for the second year in a row the Voya GNMA Income Fund has won a Thomson Reuters Lipper Fund Award. The 2017 award goes to the Fund's class I shares (LEINX) in Lipper's GNMA Funds five-year category.
For more than three decades, the Lipper Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted three-, five-, and ten-year performance relative to their peers, based on Lipper's proprietary performance-based methodology. More information about Lipper's methodology can be found here.
The Voya GNMA Income Fund is managed by Jeff Dutra, CFA, Justin McWhorter, CFA, CPA, and Peter Guan, PhD. With more than $1.3 billion in assets under management as of January 1, 2017, it is one of the oldest mortgage-backed securities funds in the market with one of the longest management tenures. The Fund seeks a high level of current income, consistent with liquidity and safety of principal, by investing primarily in Government National Mortgage Association (GNMA) mortgage-backed securities that have the same credit quality as U.S. Treasury securities but with higher yields to compensate for prepayment uncertainty. These securities are guaranteed as to the timely payment of principal and interest by the U.S. government.
"I'm very happy the team is being recognized by Lipper for the second year in a row," said Matt Toms, chief investment officer for Fixed Income at Voya Investment Management. "As investors continue to seek ways to diversify their portfolios, GNMA securities have consistently demonstrated low, long-term correlations with equities and more volatile income-oriented asset classes making this fund a way for investors to stay ahead of risk trends to produce consistent results through all environments."
In making their evaluations, Lipper reviews funds based on the following criteria:
- Funds registered for sale in the respective country as of the end of the calendar year of the respective evaluation year.
- At least 36 months of performance history as of the end of the calendar year of the respective evaluation year.
- Lipper Global classifications with at least 10 distinct portfolios based on the primary share class definition, excluding residual classifications, institutional and other non-retail funds, private, closed-end, exchange-traded, insurance, and linked funds.
- Asset classes: equity, bond, mixed-asset, commodity, and alternatives. Absolute Return funds screen over all asset types except real estate.
Media Contact:
Kristopher Kagel
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About Voya Investment Management
A leading, active asset management firm, Voya Investment Management manages, as of December 31, 2016, more than $211 billion for affiliated and external institutions as well as individual investors. With 40 years of history in asset management, Voya Investment Management has the experience and resources to provide clients with investment solutions with an emphasis on equities, fixed income, and multi-asset strategies and solutions.
Voya Investment Management was named in 2016 as a "Best Places to Work" by Pensions and Investments magazine. For more information, visit voyainvestments.com. Follow Voya Investment Management on Twitter
About Voya Financial®
Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13.6 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $11 billion in revenue in 2016. The company had $484 billion in total assets under management and administration as of Dec. 31, 2016. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya's vision is to be America's Retirement Company®. Certified as a "Great Place to Work" by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible and has been recognized as one of the 2017 World's Most Ethical Companies® by the Ethisphere Institute, as well as one of the Top Green Companies in the U.S., by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on Facebook and Twitter @Voya.
Disclosures
Past performance is no guarantee of future results.
Investment Risks: All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. As Interest Rates rise, bond prices fall, reducing the value of the Fund's share price. To the extent that the Fund invests in asset-backed, Mortgage-Backed or Mortgage-Related Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed- income securities. While the Fund invests in securities guaranteed by the U.S. Government as to timely payments of interest and principal, the Fund shares are Not Insured or Guaranteed. Other risks of the Fund include but are not limited to: Credit Risks; Extension Risks; Other Investment Companies Risks; Prepayment Risks; U.S. Government Securities and Obligations Risks; and Securities Lending Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.
An investor should consider the investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. For a free copy of the Fund's prospectus, or summary prospectus, which contains this and other information, visit us at www.voyainvestments.com or call (800) 992-0180.
Please read the prospectus carefully before investing.
©2017 Voya Investments Distributor, LLC, 230 Park Ave, New York, NY 10169. All rights reserved. Individual Investors (800) 992-0180
SOURCE Voya Investment Management
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