NYSE:IRR

Stock Analysis Report

Voya Natural Resources Equity Income Fund

Executive Summary

Voya Natural Resources Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC.


Snowflake Analysis

Share Price & News

How has Voya Natural Resources Equity Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IRR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.5%

IRR

0.4%

US Capital Markets

0.06%

US Market


1 Year Return

-25.8%

IRR

17.9%

US Capital Markets

19.3%

US Market

Return vs Industry: IRR underperformed the US Capital Markets industry which returned 17.9% over the past year.

Return vs Market: IRR underperformed the US Market which returned 19.3% over the past year.


Shareholder returns

IRRIndustryMarket
7 Day-0.5%0.4%0.06%
30 Day-2.3%0.7%1.7%
90 Day2.4%6.9%9.0%
1 Year-17.9%-25.8%20.2%17.9%21.8%19.3%
3 Year-15.1%-38.3%40.2%32.4%49.5%39.9%
5 Year-23.2%-56.7%84.5%67.4%73.1%54.1%

Price Volatility Vs. Market

How volatile is Voya Natural Resources Equity Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Voya Natural Resources Equity Income Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Voya Natural Resources Equity Income Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Voya Natural Resources Equity Income Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Voya Natural Resources Equity Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Voya Natural Resources Equity Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Voya Natural Resources Equity Income Fund performed over the past 5 years?

16.6%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Voya Natural Resources Equity Income Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Voya Natural Resources Equity Income Fund's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Voya Natural Resources Equity Income Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Voya Natural Resources Equity Income Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Voya Natural Resources Equity Income Fund's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate IRR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate IRR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IRR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IRR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IRR's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

13.4yrs

Average board tenure


CEO

Shaun Mathews (63yo)

13.3yrs

Tenure

0

Mr. Shaun Patrick Mathews is a Senior Managing Director and Head of the Client Group at Voya Investment Management LLC. Mr. Mathews oversees all asset management sales and client services functions includi ...


Board Members

NamePositionTenureCompensationOwnership
Shaun Mathews
Chief Executive Officer13.3yrsno datano data
Patrick Kenny
Independent Trustee13.4yrsUS$827.00no data
Sheryl Pressler
0yrsUS$929.00no data
J. Earley
Independent Trustee13.4yrsUS$817.00no data
Russell Jones
0yrsUS$445.00no data
Patricia Chadwick
Independent Trustee13.4yrsUS$836.00no data
Peter Drotch
Independent Trustee12.3yrsUS$704.00no data
John Boyer
Chairman0yrsUS$837.00no data
Joseph Obermeyer
0yrsUS$445.00no data
Colleen Baldwin
Independent Trustee12.3yrsUS$830.00no data

13.4yrs

Average Tenure

69yo

Average Age

Experienced Board: IRR's board of directors are seasoned and experienced ( 13.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Voya Natural Resources Equity Income Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Voya Natural Resources Equity Income Fund
  • 7337 East Doubletree Ranch Road
  • Suite 100
  • Scottsdale
  • Arizona
  • 85258-2034
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IRRNYSE (New York Stock Exchange)YesCOMUSUSDOct 2006

Biography

Voya Natural Resources Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co. LLC. It invests in the public equity markets of North America. The fund seeks to invest in stocks of companies operating in the energy, natural resources, and basic materials industries. It primarily invests in growth and value stocks of companies. The fund also invests through derivatives linked to the equity securities such as call options. It employs fundamental analysis with proprietary stock selection screens, focusing on such factors as cash flows, earnings, price-to-book ratios, superior capital allocation, and strong competitive position, and operations to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P North American Natural Resources Sector Index. It was formerly known as ING Risk Managed Natural Resources Fund. Voya Natural Resources Equity Income Fund was formed on October 24, 2006 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:58
End of Day Share Price2020/02/20 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.