- Last Ratings Update:03/31/2016
- Price as of 03/31/2016 :$7.73
- Net Assets:$226.15 Million
- Peer Rank:75 of 81
- Investment Rating:D-
We rate Voya Emerging Markets High Div Eqty at D-. Negative factors that influence this rating include a well below average total return. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking an Emerging Market Equity strategy.
POSITIVES AND RISKS
Total return ranks well below peers over the last three years. The Voya Emerging Markets High Div Eqty has returned an annual rate of -8.55% since inception. More recently, the fund has generated a total return of -9.44% in the last three years, -15.99% in the last year, and 4.50% in the last six months. How does that compare to other equity funds? In the last three years, it has outperformed 16% of them. It has also outpaced 16% of its competitors on a one year basis for the period ending 3/31/2016. On a year to date basis, IHD has returned 3.65%.
Downside risk has been above average. IHD has a draw down risk of -55.44%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 20.9%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months. As of 3/31/2016, the fund was trading at a price of $7.73, which is 1.0% below its 52-week high of $7.81 and 14.5% above its 52-week low of $6.75.
High expense ratio hinders performance. On total assets of $226.15 million, IHD maintains a high expense ratio compared to its Emerging Market Equity peers of 1.42% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As IHD is a closed end fund, it has no front end or back end load.
Manager lacks tenure and performance record lags managerial peers. Substandard fund managers tend to be replaced, so a long tenure is usually a good sign that a fund is achieving its objectives. The Voya Emerging Markets High Div Eqty has been managed by Manu Vandenbulck for only 5 years. Over that period, the manager was able to capture more actual gains in excess of the expected return than just 27% of other fund managers.
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.