GINC vs VMSB

GINCAGoldman Sachs ETF Trust

VMSBBVoya Multi-Sector Income ETF

In short

GINC —No data

VMSB Voya 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

GINC —No data

VMSB 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

GINC —No data

• VMSB Go-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.
• Run by Voya's Multi-Sector Fixed Income team, the same desk behind the firm's flagship Intermediate Bond Fund.voya.com
• Income comes first in the charter, capital appreciation second, so the mandate is explicit about what the manager is chasing.
• Portfolio construction is a relative strength here: the book is spread broadly rather than leaning on a few outsized positions.

Worth knowing

GINC —No data

• VMSB 0.45% 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%).
• A December 2025 launch means a short record. Active credit calls take years of full market cycles to judge.
• Trading is light next to the category's veterans, and payouts have not settled into a fixed calendar rhythm.

Full GINC profile⁠

Full VMSB profile⁠