C000191193 Fees and Costs — Voya Emerging Markets Hard Currency Debt Fund, Class W
Data updated: 2023-02-24
The net expense ratio is 0.90%: a 0.75% management fee plus 0.44% other expenses, less a 0.29% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $6K in broker commissions, 0.0031% of average net assets, and portfolio turnover was 24%.
C000191193 Fees and Expenses
Annual operating expenses and sales charges of C000191193. Prospectus, as of July 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 1.19% |
| Fee waiver | −0.29% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000191193 Costs Over Time
On $10,000 invested in C000191193, assuming 5% a year before costs, total costs come to $566 over 5 years, cutting the return by 0.95% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $311 | $566 |
| Value after costs | $10,405 | $11,265 | $12,197 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
C000191193 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0031%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $213.8M
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $4.5M
- Net income from securities lending: $15K (0.009% of average net assets)
C000191193 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $6K | 100.00% |
C000191193 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Bank of New York Mellon | $107.6M | 55.60% |
| HSBC SECURITIES (USA), INC. | $24.0M | 12.40% |
| CitiGroup Global Markets Inc. | $17.8M | 9.21% |
| J.P. Morgan Securities LLC | $12.4M | 6.43% |
| STANDARD CHARTERED SECURITIES NORTH AMERICA LLC | $7.7M | 3.98% |
| BOFA SECURITIES, INC. | $7.6M | 3.94% |
| GOLDMAN SACHS & CO. LLC | $4.8M | 2.47% |
| JEFFERIES LLC | $4.3M | 2.21% |
| BARCLAYS CAPITAL, INC. | $3.9M | 2.03% |
| STIFEL, NICHOLAS & COMPANY, INC. | $3.3M | 1.73% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.