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ISIN
US92912R1041
CUSIP
92912R104
Issuer
Voya
Inception Date
Oct 26, 2005
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

IGA Performance Chart

Voya Global Advantage and Premium Opportunity Fund (IGA) is up 4.4% since the beginning of the year. IGA is currently trading at $10 per share. Investors who bought $1,000 worth of IGA shares 5 years ago would now be looking at an investment worth $1,636.


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S&P 500 Index

Returns By Period

Voya Global Advantage and Premium Opportunity Fund (IGA) has returned 4.43% so far this year and 9.37% over the past 12 months. Over the last ten years, IGA has returned 10.16% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.


Voya Global Advantage and Premium Opportunity Fund

1D
0.10%
1M
-0.22%
YTD
4.43%
6M
3.94%
1Y
9.37%
3Y*
17.96%
5Y*
10.34%
10Y*
10.16%

Benchmark (S&P 500 Index)

1D
-1.44%
1M
-1.45%
YTD
7.60%
6M
6.59%
1Y
22.24%
3Y*
19.20%
5Y*
11.54%
10Y*
13.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IGA Monthly Returns History

Based on dividend-adjusted daily data since Oct 27, 2005, IGA's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.

Historically, 65% of months were positive and 35% were negative. The best month was Dec 2008 with a return of +21.1%, while the worst month was Sep 2008 at -18.0%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 3 months.

On a daily basis, IGA closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +22.2%, while the worst single day was Oct 6, 2008 at -14.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.26%2.28%-4.35%3.75%1.49%-0.87%4.43%
20253.04%4.10%1.29%0.87%3.95%-1.05%-1.98%5.49%0.05%-1.07%1.81%0.71%18.32%
20240.23%0.35%5.48%-0.03%0.40%1.67%6.56%2.54%1.94%-0.37%4.57%-3.64%21.06%
20234.83%-2.63%-3.83%1.64%-4.25%5.17%1.40%0.71%-2.58%-2.26%6.44%3.42%7.55%
2022-4.34%-4.23%1.89%-1.30%2.67%-5.20%2.55%-0.11%-7.67%4.21%6.18%-2.32%-8.33%
2021-1.94%3.96%7.29%0.61%2.23%1.76%2.05%3.67%-2.56%2.44%1.21%4.91%28.35%

Benchmark Metrics

Voya Global Advantage and Premium Opportunity Fund has an annualized alpha of 0.38%, beta of 0.79, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since October 27, 2005.

  • This fund participated in 86.85% of S&P 500 Index downside but only 77.87% of its upside - more exposed to losses than it benefited from rallies.

Alpha
0.38%
Beta
0.79
0.54
Upside Capture
77.87%
Downside Capture
86.85%

Expense Ratio

IGA has an expense ratio of 0.01%, which is considered low.


Return for Risk

Risk / Return Rank

IGA ranks 16 for risk / return — in the bottom 16% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


IGA Risk / Return Rank: 1616
Overall Rank
IGA Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
IGA Sortino Ratio Rank: 1414
Sortino Ratio Rank
IGA Omega Ratio Rank: 1414
Omega Ratio Rank
IGA Calmar Ratio Rank: 1717
Calmar Ratio Rank
IGA Martin Ratio Rank: 2020
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Voya Global Advantage and Premium Opportunity Fund (IGA) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


IGABenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.80

Sortino ratioReturn per unit of downside risk

-0.98

Omega ratioGain probability vs. loss probability

1.18

1.32

-0.14

Calmar ratioReturn relative to maximum drawdown

1.35

2.46

-1.10

Martin ratioReturn relative to average drawdown

4.65

10.92

-6.27

Dividends

Dividend History

Voya Global Advantage and Premium Opportunity Fund provided a 11.37% dividend yield over the last twelve months, with an annual payout of $1.11 per share. The fund has been increasing its distributions for 5 consecutive years.


8.00%9.00%10.00%11.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.11$1.11$1.05$0.79$0.79$0.79$0.79$0.84$0.90$0.90$1.07$1.12

Dividend yield

11.37%11.37%11.38%9.25%9.06%7.60%9.01%8.05%9.78%7.87%10.83%10.72%

Monthly Dividends

The table displays the monthly dividend distributions for Voya Global Advantage and Premium Opportunity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.09$0.09$0.09$0.09$0.09$0.43
2025$0.00$0.09$0.09$0.09$0.09$0.09$0.09$0.17$0.09$0.09$0.09$0.17$1.11
2024$0.00$0.00$0.00$0.20$0.09$0.09$0.09$0.09$0.17$0.09$0.09$0.17$1.05
2023$0.00$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.20$0.79
2022$0.00$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.20$0.79
2021$0.00$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.20$0.79

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Voya Global Advantage and Premium Opportunity 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 Global Advantage and Premium Opportunity Fund was 57.16%, occurring on Nov 20, 2008. Recovery took 563 trading sessions.

The current Voya Global Advantage and Premium Opportunity Fund drawdown is 1.18%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-57.16%Nov 2008
1y 5mo2y 2mo
3y 8moJun 2007 - Feb 2011
COVID crash2020
-41.68%Mar 2020
2mo 6d1y 1mo
1y 4moJan 2020 - May 2021
2011 bear market2011
-24.65%Aug 2011
1mo 4d1y 5mo
1y 6moJul 2011 - Jan 2013
2016 bear market2016
-24.59%Feb 2016
7mo 22d1y 1mo
1y 9moJun 2015 - Apr 2017
Rate-hike selloffLate 2018
-22.26%Dec 2018
3mo 26d7mo 10d
11mo 6dAug 2018 - Aug 2019

Drawdown Indicators


IGABenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-57.16%

-56.78%

-0.38%

Max Drawdown (1Y)

Largest decline over 1 year

-6.95%

-9.10%

+2.15%

Max Drawdown (3Y)

Largest decline over 3 years

-11.22%

-18.90%

+7.68%

Max Drawdown (5Y)

Largest decline over 5 years

-16.98%

-25.43%

+8.45%

Max Drawdown (10Y)

Largest decline over 10 years

-41.68%

-33.92%

-7.76%

Current Drawdown

Current decline from peak

-1.18%

-3.21%

+2.03%

Average Drawdown

Average peak-to-trough decline

-8.04%

-10.71%

+2.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.02%

2.04%

-0.02%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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