Voya Multi-Manager Emerging Markets Equity Fund (IEMGX)

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The chart shows the growth of an initial investment of $10,000 in Voya Multi-Manager Emerging Markets Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Voya Multi-Manager Emerging Markets Equity Fund (IEMGX) has returned 1.71% so far this year and 43.99% over the past 12 months. Over the last ten years, IEMGX has returned 8.56% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 12, 2011, IEMGX's average daily return is +0.03%, while the average monthly return is +0.58%. At this rate, your investment would double in approximately 10.0 years.

Historically, 55% of months were positive and 45% were negative. The best month was Nov 2022 with a return of +15.0%, while the worst month was Mar 2020 at -19.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, IEMGX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +7.3%, while the worst single day was Mar 16, 2020 at -10.7%.

Voya Multi-Manager Emerging Markets Equity Fund has an annualized alpha of -3.06%, beta of 0.78, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since October 13, 2011.

• This fund participated in 100.38% of S&P 500 Index downside but only 73.13% of its upside — more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -3.06% versus S&P 500 Index — delivering less than market exposure alone would predict.

IEMGX has a high expense ratio of 1.15%, indicating above-average management fees.

IEMGX ranks 90 for risk / return — in the top 90% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Voya Multi-Manager Emerging Markets Equity Fund (IEMGX) and compare them to a chosen benchmark (S&P 500 Index).

Voya Multi-Manager Emerging Markets Equity Fund provided a 5.91% dividend yield over the last twelve months, with an annual payout of $0.77 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Voya Multi-Manager Emerging Markets Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Voya Multi-Manager Emerging Markets Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Voya Multi-Manager Emerging Markets Equity Fund was 41.87%, occurring on Oct 24, 2022. Recovery took 708 trading sessions.

The current Voya Multi-Manager Emerging Markets Equity Fund drawdown is 15.85%.

The chart below shows the rolling one-month volatility.