Long-term income and lower volatility by investing in short duration high yield rated corporate Debt Securities of US Bond Markets in accordance with the Sustainability Key Performance Indicator Strategy (Absolute) (“KPI Strategy (Absolute)”). In this context, the aim is, at least, a year-on-year improvement pathway on the Sub-Fund’s weighted average Sustainability KPI to achieve the investment objective. This Sub-Fund is not managed by us in reference to a Benchmark. We follow an active management approach. The Sub-Fund follows the KPI Strategy (Absolute) and promotes responsible investments by applying an investment objective related to one sustainability key performance indicator (“Sustainability KPI”) to provide transparency on the measurable sustainability outcome pursued by the Sub-Fund’s Investment Manager for the shareholders. Minimum exclusion criteria for direct investments are applied. Min. 70% of Sub-Fund assets are invested in corporate bonds from the US as described in the investment objective in accordance with the KPI Strategy (Absolute). Max. 30% of Sub- Fund assets may be invested in bonds other than described in the investment objective in accordance with the KPI Strategy (Absolute). Sub-Fund's Sustainability KPI is the "Weighted Average GHG Intensity (Sales)" which is the weighted average of Sub-Fund’s portfolio GHG intensity (in tCO2e per Millions of sales). Min. 70% of Sub-Fund’s portfolio shall be evaluated by the “Weighted Average GHG Intensity (Sales)”. Portfolio in this respect does not comprise derivatives and instruments that are non-evaluated by nature (e.g., cash and Deposits). Sub-Fund’s investment objective shall be achieved by a minimum outperformance of Sub-Fund's portfolio of at least a 5% year-onyear improvement pathway at the fiscal year end of the Sub- Fund’s portfolio Weighted Average GHG Intensity (Sales). Min. 70% of Sub-Fund assets may be invested in High-Yield bonds bearing a typically higher risk and higher potential of gains. Max. 30% of Sub-Fund assets may be invested in Emerging Markets. Max. 20 % of Sub-Fund assets may be invested in ABS and/or MBS. Max. 100% Sub-Fund assets may be held in deposits and/or may be invested directly in Money Market Instruments and/or (up to 10% of Sub-Fund assets) in money market funds on a temporary basis for liquidity management and/or defensive purpose. Max. 10% of Sub-Fund assets may be invested in UCITS and/or UCI. Max. 20% non-USD Currency Exposure. Duration of Sub-Fund assets should be between zero and plus 3 years. Exposure to the base currency of the fund (USD) will be hedged to a large extent against the reference currency of the shareclass (AUD) which reduces the potential risks and limits potential gains from exchange rate movements. You may redeem shares of the fund usually on each business day. We usually distribute the income of the fund on a monthly basis. Recommended Holding Period: 3 Years SFDR Category – Article 8 (a financial product which promotes, amongst other characteristics, environmental or social characteristics, provided that the companies in which the investments are made follow good governance practices)
Performance
Price and Net Asset Value breakdown
Midprice
AUD 8.24
Change on Day
AUD -0.01
Change on Day %
-0.11%
52 week high
AUD 9.02
52 week low
AUD 8.24
Fund currency
AUD
Date updated
18 June 2025
Fund details
Fund Type
SICAV
Unit Type
Income
Standard initial Charge
-
Annual Management Charge
1.29%
Dividend Frequency
Monthly
Latest Distribution Info
AUD 0.0540
16 June 2025
Fund manager information
Fund Manager Company
Allianz Global Investors
Fund manager biographies
Name
James Dudnick
Since
01 June 2015
Bio
James Dudnick is a lead portfolio manager, income and growth at Voya Investment Management. Prior to joining Voya, he was a portfolio manager and director at Allianz Global Investors, where he held portfolio management and research responsibilities for the short duration high income team. Previously, James was a financial advisor at Merrill Lynch, working with both individual and institutional clients. Prior to that, he worked at Goldman Sachs as a financial analyst in the investment management division, where he conducted research and executed trades. James earned a BBA with high distinction in business administration from the University of Michigan Business School. He is a CFA® Charterholder.
Name
Steven Gish
Since
01 June 2015
Bio
Steven Gish is a lead portfolio manager, income and growth at Voya Investment Management. Prior to joining Voya, he was a portfolio manager and director at Allianz Global Investors, where he held portfolio management and research responsibilities on the short duration high income team. Prior to that, Steven was a senior research analyst with Roth Capital Partners. Previously, he worked in credit at a division of Deutsche Bank Group. Steven earned a BA from the University of New Mexico and an MBA from the University of Colorado. He is a CFA® Charterholder.
Name
Justin Kass
Since
01 March 2022
Bio
Justin Kass is chief investment officer, co-head of income and growth at Voya Investment Management. Prior to joining Voya, he was a portfolio manager, managing director, CIO and co-head of U.S. income and growth strategies at Allianz Global Investors, where he held portfolio management, research and trading responsibilities for the income and strategies team. Prior to that at Allianz Global Investors, Justin held portfolio manager responsibilities for the U.S. convertible strategy and was a lead portfolio manager for the income and growth strategy since its inception and was also responsible for managing multiple closed-end and open-end mutual funds. Justin earned a BS from the University of California, Davis and an MBA from the UCLA Anderson School of Management. He is a CFA® Charterholder.