Voya Short Term Fund Three Year Return
IGZAX Fund | USD 9.34 0.01 0.11% |
Voya Short Term fundamentals help investors to digest information that contributes to Voya Short's financial success or failures. It also enables traders to predict the movement of Voya Mutual Fund. The fundamental analysis module provides a way to measure Voya Short's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Voya Short mutual fund.
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Voya Short Term Mutual Fund Three Year Return Analysis
Voya Short's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Voya Short Three Year Return | 1.73 % |
Most of Voya Short's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Voya Short Term is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Voya Short Term has a Three Year Return of 1.729%. This is much higher than that of the Voya family and significantly higher than that of the Short-Term Bond category. The three year return for all United States funds is notably lower than that of the firm.
Voya Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Voya Short's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Voya Short could also be used in its relative valuation, which is a method of valuing Voya Short by comparing valuation metrics of similar companies.Voya Short is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Voya Short
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Voya Short's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Voya Fundamentals
Total Asset | 419.18 M | ||||
Annual Yield | 0 % | ||||
Year To Date Return | 4.77 % | ||||
One Year Return | 5.48 % | ||||
Three Year Return | 1.73 % | ||||
Five Year Return | 1.90 % | ||||
Net Asset | 113.35 M | ||||
Last Dividend Paid | 0.02 | ||||
Cash Position Weight | 4.59 % | ||||
Bond Positions Weight | 12.45 % |
About Voya Short Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Voya Short Term's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Voya Short using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Voya Short Term based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Voya Mutual Fund
Voya Short financial ratios help investors to determine whether Voya Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Voya with respect to the benefits of owning Voya Short security.
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