Fund Evaluator:

Voya Global High Dividend Low Vol I Overview

Voya Global High Dividend Low Vol I (NAWIX) is an actively managed International Equity Global Large-Stock Value fund. Voya launched the fund in 2006.

The investment seeks long-term capital growth and current income. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in a portfolio of equity securities. It invests primarily in the equity securities included in the MSCI World Value IndexSM ("index"). The fund invests in securities of issuers in a number of different countries, including the United States. The sub-adviser ("Sub-Adviser") seeks to maximize total return to the extent consistent with maintaining lower volatility than the index.

About Voya Global High Dividend Low Vol I (NAWIX)

There are 3 members of the management team with an average tenure of 3.25 years: Russell Shtern, CFA (2025), Steve Gao (2025), Kai Wong (2018). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI World Value NR USD index with a weighting of 100%. Voya Global High Dividend Low Vol I has 253 securities in its portfolio. The top 10 holdings constitute 18.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Voya Global High Dividend Low Vol I is part of the Equity global asset class and is within the International Equity fund group. Voya Global High Dividend Low Vol I has 29.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 70.0%. There is 29.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Voya Global High Dividend Low Vol I has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $37 million in total assets, which is below the $503 million average for the Global Large-Stock Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

NAWIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Voya Global High Dividend Low Vol I expense ratio is above average compared to funds in the Global Large-Stock Value category. Voya Global High Dividend Low Vol I has an expense ratio of 0.63%, which is 40% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Voya Global High Dividend Low Vol I has a portfolio turnover rate of 71%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 48% for the Global Large-Stock Value category.

Recently, in the month of July 2026, Voya Global High Dividend Low Vol I returned 5.7%, which earned it a grade of A, as the Global Large-Stock Value category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Voya Global High Dividend Low Vol I has a trailing yield of 1.92%, which is above the 1.78% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Voya Global High Dividend Low Vol I Grades

Year to date, the fund has returned 12.5%, 0.1 percentage points worse than the category, which translates into a grade of C. The fund has returned 19.3% over the past year (grade of D), 16.0% over the past three years (grade of C) and 10.2% per year over the past five years (grade of D) and 10.1% per year over the past 10 years (grade of C).

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