Voya Emerging Markets Fund Quote
| IMCDX Fund | USD 8.47 0.02 0.24% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Voya Emerging is trading at 8.47 as of the 1st of May 2024; that is 0.24% increase since the beginning of the trading day. The fund's open price was 8.45. Voya Emerging has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Voya Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2023 and ending today, the 1st of May 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in fixed-income and floating rate debt instruments of corporate issuers in emerging market countries. The fund may invest in all types of foreign and emerging market fixed-income and floating rate debt instruments and will invest primarily in fixed-income and floating rate debt instruments of corporations. More on Voya Emerging Markets
Moving together with Voya Mutual Fund
| 0.65 | ILBPX | Voya Limited Maturity | PairCorr |
| 0.67 | IMBAX | Voya Limited Maturity | PairCorr |
Voya Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Voya Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Voya Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Voya Funds, Large Funds, Emerging Markets Bond Funds, Emerging Markets Bond, Voya (View all Sectors) |
| Update Date | 31st of March 2024 |
Voya Emerging Markets [IMCDX] is traded in USA and was established 1st of May 2024. Voya Emerging is listed under Voya category by Fama And French industry classification. The fund is listed under Emerging Markets Bond category and is part of Voya family. This fund currently has accumulated 104.15 M in assets under management (AUM) with no minimum investment requirementsVoya Emerging Markets is currently producing year-to-date (YTD) return of 1.26% with the current yeild of 0.0%, while the total return for the last 3 years was -0.6%.
Check Voya Emerging Probability Of Bankruptcy
Instrument Allocation
Voya Emerging Target Price Odds Analysis
Based on a normal probability distribution, the odds of Voya Emerging jumping above the current price in 90 days from now is about 57.5%. The Voya Emerging Markets probability density function shows the probability of Voya Emerging mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Voya Emerging has a beta of 0.0175. This usually indicates as returns on the market go up, Voya Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Voya Emerging Markets will be expected to be much smaller as well. Additionally, voya Emerging Markets has an alpha of 0.0109, implying that it can generate a 0.0109 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Voya Emerging to move above the current price in 90 days from now is about 57.5 (This Voya Emerging Markets probability density function shows the probability of Voya Mutual Fund to fall within a particular range of prices over 90 days) .
Voya Emerging Top Holders
| IOSSX | Voya Global Bond | Mutual Fund | World Bond |
| IIBTX | Voya Intermediate Bond | Mutual Fund | Intermediate Core-Plus Bond |
| IOSIX | Voya Global Bond | Mutual Fund | World Bond |
| IIBPX | Voya Intermediate Bond | Mutual Fund | Intermediate Core-Plus Bond |
| IOSAX | Voya Global Bond | Mutual Fund | World Bond |
| IPIIX | Ing Intermediate Bond | Mutual Fund | Intermediate Core-Plus Bond |
| IPISX | Voya Intermediate Bond | Mutual Fund | Intermediate Core-Plus Bond |
Voya Emerging Markets Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Voya Emerging market risk premium is the additional return an investor will receive from holding Voya Emerging long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Voya Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Voya Emerging's alpha and beta are two of the key measurements used to evaluate Voya Emerging's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1334 | |||
| Standard Deviation | 0.1887 | |||
| Variance | 0.0356 | |||
| Downside Variance | 0.0505 |
Voya Emerging Against Markets
Picking the right benchmark for Voya Emerging mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Voya Emerging mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Voya Emerging is critical whether you are bullish or bearish towards Voya Emerging Markets at a given time. Please also check how Voya Emerging's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Voya Emerging without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Voya Mutual Fund?
Before investing in Voya Emerging, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Voya Emerging. To buy Voya Emerging fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Voya Emerging. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Voya Emerging fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Voya Emerging Markets fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Voya Emerging Markets fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Voya Emerging Markets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Voya Emerging Markets?
The danger of trading Voya Emerging Markets is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Voya Emerging is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Voya Emerging. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Voya Emerging Markets is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Voya Emerging Markets. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Voya Emerging Markets information on this page should be used as a complementary analysis to other Voya Emerging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.