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VMSB

GradeBNew York Stock Exchange Arca

Voya Multi-Sector Income ETF

Specialty Bonds · Voya · Inception 2025-11-02 · SEC filings

$48.19−0.45 (−0.93%)

As of Sep 23, 2026, 12:03 PM EDT

History starts Dec 3, 2025.History starts Dec 3, 2025.
Intraday session: down, 4 prints from 48.64 to 48.19. Range 48.12 to 48.64. Use the arrow keys to read each point.$48.40$48.6010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$317M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$48.17
52W range
low $48.20high $50.49

The ETF.net VMSB Grade

B

57/ 100

Rank 8 of 25 in Multi-Sector Bond Income⁠

Confidence High

Six-pillar profile for VMSB. Scores out of 100: Cost 67, Risk 45, Mission 57, Tradability 38, Holdings 88, Durability 49. Strongest: Holdings (88). Weakest: Tradability (38). Leans toward Holdings.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 57 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank9/25 · top 36%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 57
    Category rank8/14 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 45
    Category rank12/20 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 38
    Category rank16/25 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 88
    Category rank3/25 · top 12%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 49
    Category rank16/25 · mid-pack

Graded as of Sep 22, 2026

Our read on VMSB

ETF.net Research

BVoya sub-advises ETFs for other shops. In December 2025 it put its own badge on one: an active, go-anywhere income fund where a credit desk, not an index, decides which corner of the bond market to lean into.

Stated mandate

The actively managed ETF seeks high current income and, secondarily, long-term capital appreciation. It normally invests at least 80% of net assets plus investment borrowings in income-producing bonds or derivatives with similar economic characteristics.

Why people hold it

  1. 01Go-anywhere mandate: at least 80% of assets in income-producing bonds or derivatives with similar economics, with a manager setting the sector mix rather than a benchmark.
  2. 02Run by Voya's Multi-Sector Fixed Income team, the same desk behind the firm's flagship Intermediate Bond Fund.voya.com
  3. 03Income comes first in the charter, capital appreciation second, so the mandate is explicit about what the manager is chasing.
  4. 04Portfolio construction is a relative strength here: the book is spread broadly rather than leaning on a few outsized positions.

Worth knowing

  1. 010.45% a year sits above the 0.40% typical for its bond peer group, and well above index options such as AGZ (0.15%) or BGRN (0.20%).
  2. 02A December 2025 launch means a short record. Active credit calls take years of full market cycles to judge.
  3. 03Trading is light next to the category's veterans, and payouts have not settled into a fixed calendar rhythm.

VMSB Holdings

As of Sep 21, 2026, 8:04 PM
Asset class
Stocks
Holdings
—
Top-10 weight
18%
Largest holding
CITI FUTURES CASH BALANCE - USD3.7%
The fund’s holdings, weight-ordered — page 1 of 54.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CITI FUTURES CASH BALANCE - USD3.72%11,852,053$12M3
002—TREASURY BILL 0 9/22/20263.49%11,100,000$11M19
003—US TREASURY N/B 4.625 8/15/20362.45%8,015,000$8M29
004—US TREASURY N/B 4.375 8/31/20311.69%5,507,900$5M29
005—MS IM BALANCE USD1.42%4,505,300$5M2
006—FHR 5010 WI 4 9/25/20501.25%19,141,060$4M1
007—CASH1.19%3,773,230$4M414
008—FHR 5138 IB 3.5 2/25/20501.15%17,140,637$4M1
009—FHR 5091 IL 4.5 3/25/20511.08%14,810,591$3M1
010—GNR 2024-159 SA FRN 10/20/20540.95%60,383,253$3M1
011—ICE: (CDX.NA.HY.46.V1)0.77%-32,998,221$2M2
012—ENBRIDGE U S INC DISC C 0.0 16OCT26 10260.63%2,000,000$2M1
013HNDAFAMERICAN HONDA FIN CORP 0.0 23NOV26 11260.62%2,000,000$2M1
014—ICE: (CDX.NA.IG.46.V1)0.57%-87,000,000$2M2
015—RD MICHIGAN PROP OWNER I 7.5 3/30/20450.48%1,630,000$2M24

Showing 1–15 of 804 holdings

VMSB Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VMSB$10,027
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. VMSB $10,027. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VMSB. Periods over one year show the average yearly return.
PeriodVMSB
Year to date+0.3%
1 month−1.4%
3 months−0.3%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VMSB
YearReturn barVMSB
2026 YTD+0.3%
2025−0.4%

History from Dec 3, 2025

VMSB in the news

ETF.net Research hasn’t filed on VMSB yet — coverage lands here as it’s written.

VMSB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.21 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 9 payments from 2025 to 2026 YTD. Dec 30, 2025 $0.35; Jan 29, 2026 $0.09; Feb 26, 2026 $0.19; Mar 30, 2026 $0.18; Apr 29, 2026 $0.13; May 28, 2026 $0.21; Jun 29, 2026 $0.24; Jul 30, 2026 $0.18; Aug 27, 2026 $0.21. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Aug 27, 2026Aug 28, 2026$0.21
Jul 30, 2026Jul 31, 2026$0.18
Jun 29, 2026Jun 30, 2026$0.24
May 28, 2026May 29, 2026$0.21
Apr 29, 2026Apr 30, 2026$0.13
Mar 30, 2026Mar 31, 2026$0.18
Feb 26, 2026Feb 27, 2026$0.19
Jan 29, 2026Jan 30, 2026$0.09
Dec 30, 2025Dec 31, 2025$0.35

VMSB Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.10
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

VMSB Cost

Expense ratio0.45%
  • The middle half of Multi-Sector Bond Income funds
  • Median 0.55%

8 of the 23 Multi-Sector Bond Income funds charge less.

VMSB costs $45.00 a year on $10,000. The median Multi-Sector Bond Income fund costs $55.00.