- What does VUSI invest in?
- The Voya Ultra Short Income ETF (VUSI) is an actively managed fund with the primary objective of generating substantial current income while diligently safeguarding principal. It diversifies its portfolio across a broad spectrum of income-generating debt instruments, including governmental and corporate obligations, asset- and mortgage-backed securities, loans, and various derivative instruments. These assets are sourced from both domestic and international issuers, including those in developing economies. To mitigate sensitivity to interest rate fluctuations, the fund maintains an average portfolio duration of no more than one year. While primarily focusing on investment-grade fixed income, VUSI retains the flexibility to allocate up to 15% of its assets to higher-yielding, below-investment-grade securities. Furthermore, it strategically employs derivatives like swaps, options, and futures, not only for risk hedging and return enhancement but also for efficient cash management. The investment approach of the management team integrates broad macroeconomic perspectives with in-depth fundamental analysis and robust risk management practices, a process further bolstered by proprietary research and sophisticated scenario-based analytics.
- What is the expense ratio of VUSI?
- Voya Ultra Short Income ETF (VUSI) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.
- What is VUSI's dividend yield?
- VUSI's trailing-twelve-month yield is 3.04%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of VUSI?
- Effective duration measures VUSI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VUSI's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VUSI?
- VUSI'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 VUSI?
- Yield to maturity (YTM) is the total return you'd earn from VUSI if every bond in the portfolio is held to maturity at the current price. VUSI'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.
