https://www.sec.gov/Archives/edgar/data/1063946/000168386324004059/f38820d1.htm
497 1 f38820d1.htm 497 VOYA U.S. HIGH DIVIDEND LOW VOLATILITY FUND
VOYA EQUITY TRUST
Voya U.S. High Dividend Low Volatility Fund
(the "Fund")
Supplement dated May 31, 2024
to the Fund's Class A, Class I, and Class R6 Shares' Summary Prospectus, Prospectus, and related
Statement of Additional Information, each dated September 30, 2023, as supplemented
On May 22, 2024, the Fund's Board of Trustees approved a proposal to liquidate the Fund on or about July 26, 2024. The Fund is closed to new investors effective immediately. Any contingent deferred sales charge that would be applicable on a redemption of the Fund's shares shall be waived from May 31, 2024 to the date of liquidation. Leading up to the liquidation, as the Fund begins to transition its portfolio in anticipation of making its liquidating distributions, the Fund may deviate from its investment objectives and policies. Investors in the Fund will be receiving additional communication from the Fund explaining the liquidation as well as providing information regarding their exchange options.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

Follow up--the 1year CD paying 5.3% disappeared before I could purchase it today. As an alternative, I bought a 9 month CD paying 5.35%. This was acceptable for me as I was seeking a short term CD for my taxable account. I focus on liquidity more in my taxable account with a ladder of shorter term CDs and MMs, and are more supportive of longer term CDs in my Traditional IRA account.

Portfolio-Check-Up on Schwab says I have about 5% international over all. If we are just looking at percent of equities, that would make me about 8-10%. My only dedicated international fund is FMIJX with smaller positions in a global fund, GQRPX and Canadian stock, CNQ.
As Yogi mentioned, the dollar is strong. I don't think international stocks will out perform domestic until that trend reverses. My own opinion is domestic stocks will continue to out perform for the foreseeable future.

Initiated a new stake in GPQFX today. Adding to LCR (thanks @David Snowball).
Bought 2yr Treasury at auction on Tuesday. Next Monday I will buy more 1 yr Treasury to extend the duration on the treasury ladder.
Correction: June 6th is when one year treasury will be announced. So it the the following Monday, June 11th when the purchase takes place.
@Derf, For now 2 years T notes is the longest I like the ladder to be. But I won’t say never as I see other managers run a barbell ladder of treasuries. This year my investment grade bonds (mostly short to intermediate duration) have not done well. Ironically short term junk bonds carry the bulk of advancement. Cash cannot yield over 5% for long. So longer treasuries make perfect sense for now as it did well when the Fed hikes rate aggressively.

I'm similar to Tarwheel- about 50% CDs and 50% Treasuries out to 2028. I'm 85 (well, maybe 84.990632) so 2028 is about as far as I want to look. As far as rates, the CDs and Treasuries are pretty close. We still have a huge chunk in Schwab Treasury MMKT SUTXX which has been around 5.17% for some time now. I'm watching very warily- if rates start to trend either up or down I'm going to move more over to the ladder, but for now I'm just watching.

@FD1000 - I found it a thoroughly enjoyable one hour discussion. I didn’t watch expecting to hear any predictions. There weren’t many predictions - of the investment type anyways. But while we’re on the subject I’ll note that making forward looking predictions is a lot harder than making backward looking ones.

First, I don't make predictions, especially not on TV and make a fool out of myself like these guys (link).
Second, I make observations based on current market conditions.
Third, I have used these observations when risk is high to get out of the market and avoid meltdowns, and get back when markets reach bottoms and start climbing up.
You can see several here (link)

I share your enthusiasm, but my CD ladders extend out 5 years. I also include Treasuries in my ladders for shorter term holdings. CD yields have been on of the bright spots in the inflation dilemma.

I performed a "quick and dirty" portfolio check two weeks ago.
Approximately 26.5% of the portfolio was allocated to foreign stocks via two international funds:
1) MFS International Equity Fund Class 3A (CIT)
2) ARDBX (relatively new holding)

We’ve got about 15% of total assets in our IRAs invested in foreign stock funds. Largest and longest term holding is ARTKX, which is closed to new investors. Other foreign funds are FTIEX, FVIFX and FMIJX, all relatively new holdings with good long term returns. We also have substantial holdings in FLPSX, which is essentially a global fund. All of our foreign funds have performed well over the past year, a welcome development after dismal returns for many years.

dt. I am a happy retiree at 5.2%. Also worth mentioning are more choices from too big to fail banks as opposed to small no name banks. If one has no need to take risks this is a happy time.

I have a very large percentage of my Schwab CDs maturing. I was very pleased to see the rates that are being offered-5.4% for very short term periods, 5.35% for 1 year, 5.2% for 18 months, and 5% for 2 years. As a 76 year old retiree, these CDs are very compelling as a safe investment, for a large part of my portfolio. I continue to maintain an 18-month CD-ladder. I just added two 18 month CDs, one from Wells Fargo and one from Bank of America, paying 5.2%. Tomorrow, I plan on adding a 1-year CD, paying 5.3%. Will likely do more CD shopping next week. For more liquid options, Schwab is still offering MMs, paying over 5%, but MM rates have been dropping in the past couple of months. As long as CDs stay at these higher levels, I am a willing investor, but I am skeptical that they will stay at these levels much longer, but who really knows for sure?

I am at 11% or so in the IRA per Fido. My taxable is roughly 16%, but that only tracks the designated foreign funds.
I have been reasonably happy with IHDG and FYLD. GRID is 50% foreign, but it's not the kind of fund most people would want to build an IRA around.
I was happy with DODWX, but it didn't fit into my IRA planning given the fees on it at Fido. And I don't feel the need for more foreign in the taxable.

FYI
lipper dataset means MFO screener (and most others) classify 'foreign' not based on corporations' country/region based economics, but HQ location. ridiculous!
https://www.mutualfundobserver.com/discuss/discussion/comment/175924/#Comment_175924

Hi @mikeW, I hope we can have a column for you in the coming month's MFO on International Equities allocation as Part I. Will try and write about funds next month.

That would be wonderful Devo! Thank you. Would be very interested in hearing your thoughts on the case for investing internationally…. They haven’t matched US performance for 15 years or more

Hi @mikeW, I hope we can have a column for you in the coming month's MFO on International Equities allocation as Part I. Will try and write about funds next month.

You probably only have a couple of days to crank that out. It will be great if you are able to add in or separately discuss correlation between US small / mid caps and international investing Or otherwise, why US investors need international equity investing?
I know we could have a separate thread on that topic but it will never be as scientific as what the magazine team would put out.
P.S.: I am at 2% of PV for international equity and 75% of that is in a trading account, which means I really do not have any dedicated international equity investment.
Thanks.

Bought 19s of JQUA as it hit my limit order of 51.00

Fund Allocations (Cumulative), 4/30/24
Notable shifts out of stocks. The changes for OEFs + ETFs were based on a total AUM of about $35.66 trillion in the previous month, so +/- 1% change was about +/- $356.6 billion. Also note that these changes were from both fund inflows/outflows & price changes. #ICI #Funds #OEFs #ETFs
OEFs & ETFs: Stocks 59.93%, Hybrids 4.57%, Bonds 18.18%, M-Mkt 17.31%
https://ybbpersonalfinance.proboards.com/post/1494/thread

What is the outlook for dollar?
Dollar bottomed in 2008-11 around 72. Now it is 104.66, so +45.36% of the cumulative US fund outperformance in the last dozen years is just due to the currency factor.
Many diversified funds (including TDFs) may have substantial exposure to foreign markets, but not enough for them to be labeled global.

Yes and it’s 5.8% of SPY too… so most of us already own it. Amazing how large a position in SPY it has become and so quickly.

Oh, forget it, they all buckled on revenue-sharing.
https://www.reuters.com/business/finance/fidelity-wont-levy-proposed-fees-purchases-boutique-etf-firms-sources-say-2024-05-30/