5 Worst Performing Mutual Funds in 2023

In this piece, we will take a look at the five worst performing mutual funds in 2023. For a deeper look at the economy and the stock market, head on to 15 Worst Performing Mutual Funds in 2023.

5. Voya Multi-Manager International Eq P (NASDAQ:VIEPX)

Year to Date Return: -25.11%

Voya Multi-Manager International Eq P (NASDAQ:VIEPX) is another fund part of the Voya fund family. It has $285 million in net assets and was set up in 2011. More than 95% of the fund’s holdings are invested in stocks, and it focuses on investing in firms that are located outside of the U.S. The fund invests in high quality stocks and companies with stable operations and large markets. Some of its largest investments are in the locally traded shares of the Taiwan Semiconductor Manufacturing Company (TSMC) and Novartis.