Distribution Activity

  Record Date Ex-Date Payable Date Reinvestment Price (NAV) Short Term Capital Gains Long Term Capital Gains Cumulative Distributions/Share
Class A 9/30/2019 10/1/2019 12/10/2019 $9.49 N/A $1.31 $4.63
  10/1/2018 12/14/2018 12/17/2018 $10.07 N/A $1.25 $3.32
  10/2/2017 12/15/2017 12/15/2017 $10.00 N/A $0.95 $2.07
  10/3/2016 12/15/2016 12/15/2016 $9.60 N/A $1.05 $1.12
  10/1/2015 12/15/2015 12/15/2015 $9.99 N/A $0.07 $0.07
Class I 9/30/2019 10/1/2019 12/10/2019 $9.69 N/A $1.31 $2.56
  10/1/2018 12/14/2018 12/17/2018 $10.20 N/A $1.25 $1.25
Class M2 9/30/2019 10/1/2019 12/10/2019 $9.69 N/A $1.31 $4.56
  10/1/2018 12/14/2018 12/17/2018 $10.20 N/A $1.25 $3.25
  10/2/2017 12/15/2017 12/15/2017 $10.06 N/A $0.95 $2.00
  10/3/2016 12/15/2016 12/15/2016 $9.60 N/A $1.05 $1.05

Definitions and Disclosures

Record Date - Record date is the date by which a shareholder must own Shares to receive the distribution.


Ex-Date - Ex-date is the date on which a shareholder who purchases Shares will not be eligible to receive the distribution.


Payable Date - Payable date is the date on which a shareholder is paid the distribution.


Reinvestment Price (NAV) - The NAV/Share prior to the distribution, less the amount of the NAV/Share of the distribution. 


Short Term Capital Gains - The profit realized from the sale of securities held for less than one year.


Long Term Capital Gains - Gain on the sale of a security where the holding period was 12 months or more and the profit was subject to the long-term capital gains tax.

 

Cumulative Distributions/Share - Represents the aggregate amount of capital distributed (per share) since each share classes inception as of each respective distribution date. The tax treatment and characterization of the Fund's distributions may vary significantly from time to time depending on the components of the Fund's net investment income, which may include capital gains, dividends and interest and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determinded with certainty until after the end of the year, and will be reported to shareholders at that time. To the extent that distributions constitute a return of capital, such distributions will have the effect of reducing your cost basis in the Fund's shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The tax treatment and characterization of the Fund's distributions may vary significantly from time to time depending on the components of the Fund's net investment income, which includes capital gains, dividends and interest and/or a return of capital when applicable. There can be no assurance that the Fund will be able to declare a distribution in any given year.

 

Fund distributions will vary depending upon the performance and capital activity of the Fund’s investments. Past distributions are no guarantee of future distributions or performance results.


The final determination of the source and tax characteristics of all distributions will be made after year-end and reported to you on either Form 1099-DIV or Form 1099-B, as applicable.  Each Form 1099-DIV or Form 1099-B, which is mailed after the close of the calendar year, will specify how the distributions paid by the Fund during the year should be characterized and reported on your tax return (e.g., capital gain, ordinary income and/or return of capital).


Neither Voya and its affiliates nor Pomona and its affiliates provide tax advice. Always consult a tax professional regarding your specific financial or tax situation.


This information is not intended to cover the complexities of a shareholder's individual tax situation. Because tax laws vary among states, you should consult your tax advisor about the specific rules in the state(s) in which you pay income taxes.

Performance data does not take into consideration account transaction fees or brokerage commissions. The NAV of the Fund will equal, unless otherwise noted, the value of the total assets of the Fund, less all of its liabilities, including accrued fees and expenses, each determined as of the relevant Valuation Date. Total Return based on net asset value per Share is the combination of changes in net asset value per Share and reinvested dividend income at net asset value per Share, if any. These figures are net of all the Fund’s fees and expenses, including management and performance incentive fees or allocations payable pursuant to the respective organizational documents of each Investment Fund.

An investor should consider the investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. For a free copy of the Fund’s prospectus, which contains this and other information, visit us at www.voyainvestments.com or call (855) 211-3220. Please read prospectus carefully before investing.