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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 92912X101 (prev. 45685U100 )
- Market Cap
- Small Cap · $357 Million
- IPO
- 1/26/2010 · $20.00/share
- Previous Name
- ING Infrastructure, Industrials & Materials Fund
- Parent Company
- Voya Financial, Inc. (VOYA)
Fund Description: Voya Infrastructure, Industrials and Materials Fund, formerly ING Infrastructure, Industrials & Materials Fund, is an exchange-traded closed-end trust or a closed-end ETF which is officially described as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Voya Infrastructure, Industrials and Materials Fund seeks to provide total return through a combination of current income, capital gains and capital appreciation. FUND STRATEGY: Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in the equity securities of, or derivatives having economic characteristics similar to the equity securities of, issuers in three broad market sectors; infrastructure, industrials and materials. The Fund's focus is on companies that will benefit from increased government and private spending in six areas: construction, materials, communications, transportation, power and water. The Fund will invest directly or indirectly in equity securities of companies located around the world, normally in 60 to 100 equity securities. Securities held by the Fund may be denominated in both U.S. dollars and non-U.S. currencies. The Fund normally expects that its investments will be invested across a broad range of countries, industries and market sectors, including investments in issuers located in emerging markets. The Fund will also seek to secure gains and enhance the stability of returns over a market cycle by writing (selling) call options on either (1) the value of subsets of stocks in its portfolio or (2) selected equity securities held in its portfolio, generally comprised of a portion of the Fund's large-capitalization holdings. In constructing the portfolio, the Sub-Adviser will take into account the objectives of the Fund's option writing strategy and the instruments through which it is implemented. Equity securities held by the Fund may include common stocks, preferred shares, convertible securities, warrants and depository receipts. The Fund may also invest in derivative investments, which may include swaps, futures, options, forwards and exchange-traded funds and any combinations of the above. The Fund is not constrained by particular country weightings or market capitalization constraints and may invest in securities of a broad range of capitalizations, including small-capitalization securities and emerging markets securities. FUND MANAGEMENT: Voya Investments, LLC. serves as the investment adviser to the Fund. Voya Investment Management serves as the Sub-Adviser.
Company Contact
- Headquarters
- 7337 East Doubletree Ranch Road, Scottsdale, AZ 85258
- Phone
- 800-992-0180 · Toll-Free 800-992-0180
- Investor Relations
- 800-992-0180 · IR@voya.com