Global Convertible Bond Fund - Voya Financial

1 Release Date: 09-30-2019 Global Convertible bond fund ..BenchmarkCustom BlendInvestment Objective & StrategyAdvent Capital Global Convertible bond seeks a high total return by investing a portfolio of Global Convertible securities that provide equity-like returns, while seeking to limit downside management team utilizes a bottom-up, fundamental credit analysis approach to security selection and seeks to identify changes in a company s fundamentals before they are reflected in the marketOperations and ManagementFund Inception Date12-31-00 Expense Manager(s)Management TeamManagement CompanyAdvent Capital Management, LLCB enchmark Description: Custom BlendThe Advent Custom Spliced Benchmark is 75% ICE BofAMLGbl 300 Convertible Index - US Dollar Hedged / 25% ThomsonReuters Global Focused (Hedged USD).Category Description: ConvertiblesConvertible- bond portfolios are designed to offer some of thecapital-appreciation potential of stock portfolios while alsosupplying some of the safety and yield of bond portfolios.

2 Todo so, they focus on Convertible bonds and convertiblepreferred stocks. Convertible bonds allow investors to convertthe bonds into shares of stock, usually at a preset securities thus act a bit like stocks and a bit like AnalysisLowModerateHighInvestmentCategor yIn the past, this investment has shown a relatively smallrange of price fluctuations relative to other on this measure, currently more than two-thirds of allinvestments have shown higher levels of risk. Consequently,this investment may appeal to investors looking for aconservative investment Year3 Year5 Year10 YearSince InceptionFund Return % Return % Average % # of Funds in Year Total Returns201920182017201620152014201320122 0112010 Total Return % Return % Average % # of Funds in Category79839395979288867474 Performance Disclosure: The performance data quoted represents past performance and does not guarantee futureresults.

3 The investment return and principal value of an investment will fluctuate; thus an investor s shares, whenredeemed, may be worth more or less than their original cost. Current Month performance may be higher or lowerthan return data quoted herein. For more current information including month-end performance, please or call the Oxy Retirement Service Center at 1-844-OXY-401K (1-844-699-4015). Please refer to theperformance section of the disclosure page for more Analysis as of 09-30-19 Composition as of 09-30-19% Style Box as of 09-30-19(EQ) ; 09-30-19(F-I)NotAvailableNotAvailableTop 10 Holdings as of 09-30-19% AssetsMicrochip Technology Incorporated Holdings Inc 0% Inc Inc 8% PRF CONVERT 30/09/2022 USD 1000 Ser A Inc Alto Networks Inc Corporation 0% Finance 1 Ltd 0% Number of Holdings122 Annual Turnover Ratio % fund Assets ($mil)

4 Super Sectors as of 09-30-19% Fundh F-I Sectors as of 09-30-19% fund % Category Cash/Cash Risks as of 09-30-19 Credit and Counterparty, Emerging Markets, Foreign Securities, Not FDIC Insured, Country or Region, Active Management, Issuer,Interest Rate, Market/Market Volatility, Convertible Securities, High-Yield Securities, Preferred Stocks, Federal Tax Treatment,Cash Drag, China Region, Forwards, Investment-Grade Securities, Unrated Securities, Financials Sector, Real Estate/REIT Sector,Technology Sector 2019 Morningstar, Inc., Morningstar Investment Profiles 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary toMorningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstarnor its content providers are responsible for any damages or losses arising from any use of information.

5 Past performance is no guarantee of futureperformance. Visit our investment website at When used as supplemental sales literature, the InvestmentProfile must be preceded or accompanied by the fund scurrent prospectus as well as this disclosure statement. Theperformance data given represents past performance andshould not be considered indicative of future results. Principalvalue and investment return will fluctuate, so that aninvestor s shares when redeemed may be worth more or lessthan the original investment. fund portfolio statistics changeover time. The fund is not FDIC-insured, may lose value and isnot guaranteed by a bank or other Financial return reflects performance without adjusting for salescharges or the effects of taxation, but is adjusted to reflect allactual ongoing fund expenses and assumes reinvestment ofdividends and capital gains. If adjusted, sales charges wouldreduce the performance quoted.

6 Standardized Total Return is total return adjusted for salescharges. The sales charge adjusted for may not necessarilybe consistent with the prospectus. The fund s performance is compared with that of an index is an unmanaged portfolio of specified securitiesand the index does not reflect any initial or ongoing fund s portfolio may differ significantly from the securities inthe RatioThis is the percentage of fund assets paid for operatingexpenses and management fees. The expense ratio typicallyincludes the following types of fees: accounting,administrator, advisor, auditor, board of directors, custodial,distribution (12b-1), legal, organizational, professional,registration, shareholder reporting, sub-advisor, and transferagency. The expense ratio does not reflect the fund sbrokerage costs or any investor sales charges. In contrast tothe net expense ratio, the gross expense ratio does notreflect any fee waivers in effect during the time Style Box The Morningstar Style Box reveals a fund 's investment styleas of the date noted on this report.

7 For equity funds the vertical axis shows the marketcapitalization of the long stocks owned and the horizontal axisshows investment style (value, blend, or growth). For fixed-income funds, the vertical axis shows the creditquality of the long bonds owned and the horizontal axisshows interest rate sensitivity as measured by a bond 'seffective duration. Morningstar seeks credit rating information from fundcompanies on a periodic basis ( , quarterly). In compilingcredit rating information Morningstar accepts credit ratingsreported by fund companies that have been issued by allNationally Recognized Statistical Rating Organizations(NRSROs). For a list of all NRSROs, please visit , Morningstar accepts foreign credit ratings fromwidely recognized or registered rating agencies. If two ratingorganizations/agencies have rated a security, fund companiesare to report the lower rating; if three or more organizations/agencies have rated a security, fund companies are to reportthe median rating, and in cases where there are more thantwo organization/agency ratings and a median rating does notexist, fund companies are to use the lower of the two middleratings.

8 PLEASE NOTE: Morningstar, Inc. is not itself anNRSRO nor does it issue a credit rating on the fund . AnNRSRO or rating agency ratings can change from time-to-time and do not remove market risk. For credit quality, Morningstar combines the credit ratinginformation provided by the fund companies with an averagedefault rate calculation to come up with a weighted-averagecredit quality. The weighted-average credit quality is currentlya letter that roughly corresponds to the scale used by aleading NRSRO. bond funds are assigned a style boxplacement of "low", "medium", or "high" based on theiraverage credit quality. Funds with a low credit quality arethose whose weighted-average credit quality is determinedto be less than "BBB-"; medium are those less than "AA-", butgreater or equal to "BBB-"; and high are those with aweighted-average credit quality of "AA-" or higher.

9 Whenclassifying a bond portfolio, Morningstar first maps theNRSRO credit ratings of the underlying holdings to theirrespective default rates (as determined by Morningstar'sanalysis of actual historical default rates). Morningstar thenaverages these default rates to determine the averagedefault rate for the entire bond fund . Finally, Morningstarmaps this average default rate to its corresponding creditrating along a convex curve. For interest-rate sensitivity, Morningstar obtains from fundcompanies the average effective duration. Generally,Morningstar classifies a fixed-income fund 's interest-ratesensitivity based on the effective duration of the MorningstarCore bond Index (MCBI), which is currently three years. Theclassification of Limited will be assigned to those fundswhose average effective duration is between 25% to 75% ofMCBI's average effective duration; funds whose averageeffective duration is between 75% to 125% of the MCBI willbe classified as Moderate; and those that are at 125% orgreater of the average effective duration of the MCBI will beclassified as Extensive.

10 For municipal bond funds, Morningstar also obtains fromfund companies the average effective duration. In thesecases static breakpoints are utilized. These breakpoints are asfollows: (i) Limited: years or less; (ii) Moderate: morethan years but less than 7 years; and (iii) Extensive: morethan 7 years. In addition, for non-US taxable and non-USdomiciled fixed income funds static duration breakpoints areused: (i) Limited: less than or equal to years; (ii)Moderate: greater than and less than equal to 6 years;(iii) Extensive: greater than 6 fund InformationCollective Trusts and Separate AccountsCollective Trusts and Separate Accounts are professionallymanaged investment options designed to offer cost effectiveinvestments to large investors. The collective Trusts referredto above are overseen by banking regulators and theSeparate Accounts referred to above are overseen by theSEC.