MutualFundWire.com: A $366B-AUM AM Sponsors Its 1st Active ETFs

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Friday, November 21, 2025

A $366B-AUM AM Sponsors Its 1st Active ETFs

The team at a publicly traded company's $366-billion-AUM* asset management arm is launching their first two active ETFs and preparing to roll out a third.

On Wednesday (November 19), Eric Stein, global chief investment officer for Voya Financial, Inc.'s Voya Investment Management [profile], and Tiffani Podesta, head of distribution for Voya IM, unveiled the launch of the Voya Core Bond ETF (VCOB on the NYSE Arca) and the Voya Ultra Short Income ETF (VUSI). They also revealed that they're building the Voya Multi-Sector Income ETF (VMSB). New York City-based Voya IM will serve as sponsor and subadvisor to all three ETFs, while Milwaukee-based Tidal Investments LLC will serve as investment advisor.

(The Voya IM team notes that while these are the first ETFs they're sponsoring, they're not new to the ETF space; they already subadvise 10 ETFs, some active and some passive, with about $2.5 billion in combined AUM.)

VMSB is expected to debut next month, while the inception date of VUSI and VCOB was Tuesday (November 18). VCOB and VUSI come with expense ratios of 25 basis points, while VMSB's will be 45bps. VUSI now has about $109.05 million in AUM**, while VCOB now has about $109.07 million**.

The PM team for VCOB includes:

Sean Banai, managing director, head of the $43-billion-AUM* multi-sector fixed income team at Voya IM;

Paul Buren, senior vice president; and

Raj Jadav, SVP.

VUSI and VMSB share the same PM team. Their portfolio managers include:

Anuranjan Sharma, SVP at Voya IM;

Vinay Viralam, SVP;

Banai; and

Jadav.

Stein calls VMSB, VUSI, and VCOB "a natural extension of [Voya's] industry-leading fixed income platform." Potesta calls the ETFs "the first step in the development of Voya's proprietary ETF lineup."

"Our team's stability, consistent results and ability to flexibly pursue alpha have made Voya a trusted partner," Stein states. "With the launch of these ETFs, we’re excited to offer clients scalable, agile solutions that reflect our commitment to meeting their needs in today's markets."

"We're committed to building a comprehensive ETF platform that leverages our strengths and addresses the evolving demands of our clients," Potesta states.

VCOB, VUSI, and VMSB are each actively managed series of Tidal Trust IV. The ETFs' other service providers include:

the Bank of New York Mellon (BNY Mellon) as custodian, fund accountant, and transfer agent;

ACA's Foreside Fund Services, LLC as distributor;

Sullivan & Worcester LLP as counsel;

Tait, Weller & Baker LLP as independent accounting firm; and

Tidal ETF Services LLC as administrator.