- What does VCOB invest in?
- VCOB is an actively managed ETF seeking current income and capital appreciation. It invests in investment grade debt such as corporate, government, and mortgage-related bonds, including both US and foreign, including emerging market issuers. The portfolio may also include derivatives like options, futures, and swaps for hedging, tactical asset allocation, or enhancing returns. The fund typically maintains a dollar-weighted average duration between 3 and 10 years, based on interest rate changes. The investment process combines macroeconomic, top-down, insights with detailed bottom-up analysis, considering factors like sector allocation, security selection, and yield curve positioning. Proprietary research, quantitative analytics, and scenario-based risk testing guide investment decisions, including ESG criteria as one of multiple factors. High portfolio turnover is expected, as the management actively buys and sells holdings to capture gains, limit losses, or pursue new opportunities.
- What is the expense ratio of VCOB?
- Voya Core Bond ETF (VCOB) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VCOB's dividend yield?
- VCOB's trailing-twelve-month yield is 2.65%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VCOB?
- Effective duration measures VCOB's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VCOB's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VCOB?
- VCOB's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of VCOB?
- Yield to maturity (YTM) is the total return you'd earn from VCOB if every bond in the portfolio is held to maturity at the current price. VCOB's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
