Overview
Fund Tagline
A Target Date Choice to Help Keep Retirement Goals on Track
Fund Description
Voya’s Target Retirement Funds are designed to specifically balance the evolving risk-return profiles of participants as they age to maximize the probability of a successful retirement. The target date in the funds’ name is the approximate date when investors plan to start withdrawing their money.
Product Facts
| Ticker Symbol | VTRAX |
| CUSIP | 92919X302 |
| Inception Date | August 8, 2025 |
| Dividends Paid | Annually |
| Min. Initial Investment | $1,000.00 |
- Voya Target Retirement Funds employ a blend management approach by investing primarily in a combination of underlying funds, which are actively managed funds or passively managed funds (index funds), including exchange-traded funds (“ETFs”). The funds also follow an open-architecture framework, by investing in a combination of affiliated and unaffiliated funds.
- The funds maximize asset accumulation in the early years of participants’ careers, taking aggressive equity positions.
- The funds shift emphasis to asset protection in later years, reducing risk and ultimately reaching their most conservative equity allocation of 35% at retirement to help investors hold onto what they have accumulated in a lifetime of saving.
- The Voya Target Retirement 2070 Fund is designed for people who plan to begin living their retirement goals during or after the year 2068. Currently, it is designed to maximize wealth accumulation.
Until the day prior to its Target Date, the Fund seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2070. On the Target Date, the Fund's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
- Voya Target Retirement Funds employ a blend management approach by investing primarily in a combination of underlying funds, which are actively managed funds or passively managed funds (index funds), including exchange-traded funds (“ETFs”). The funds also follow an open-architecture framework, by investing in a combination of affiliated and unaffiliated funds.
- The funds maximize asset accumulation in the early years of participants’ careers, taking aggressive equity positions.
- The funds shift emphasis to asset protection in later years, reducing risk and ultimately reaching their most conservative equity allocation of 35% at retirement to help investors hold onto what they have accumulated in a lifetime of saving.
- The Voya Target Retirement 2070 Fund is designed for people who plan to begin living their retirement goals during or after the year 2068. Currently, it is designed to maximize wealth accumulation.
Until the day prior to its Target Date, the Fund seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2070. On the Target Date, the Fund's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Performance
Average Annual Total Returns %
As of August 31, 2025
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | — | — | — | — | — | 0.59% | 0.59% |
| With Sales Charge | — | — | — | — | — | ||
| Net Asset Value | — | — | — | — | — | — | — |
| With Sales Charge | — | — | — | — | — | ||
| S&P Target Date 2065+ Index | — | — | — | — | — | — | — |
Inception Date - Class A: August 8, 2025
Current Maximum Sales Charge: 5.75%
The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above "Average Annual Total Returns %" for performance information current to the most recent month-end.
Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
Past performance does not guarantee future results.
Calendar Year Returns %
Past performance is no guarantee of future results. Returns are shown in %. These figures are for the year ended December 31 of each year. They do not reflect sales charges and would be lower if they did. The bar chart above shows the Fund's annual returns and long-term performance, and illustrates the variability of the Fund’s returns.
Average Annual Total Returns %
As of August 31, 2025
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | — | — | — | — | — | 0.59% | 0.59% |
| With Sales Charge | — | — | — | — | — | ||
| Net Asset Value | — | — | — | — | — | — | — |
| With Sales Charge | — | — | — | — | — | ||
| S&P Target Date 2065+ Index | — | — | — | — | — | — | — |
Inception Date - Class A: August 8, 2025
Current Maximum Sales Charge: 5.75%
The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above "Average Annual Total Returns %" for performance information current to the most recent month-end.
Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
Past performance does not guarantee future results.
Calendar Year Returns %
Past performance is no guarantee of future results. Returns are shown in %. These figures are for the year ended December 31 of each year. They do not reflect sales charges and would be lower if they did. The bar chart above shows the Fund's annual returns and long-term performance, and illustrates the variability of the Fund’s returns.
Portfolio
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Distributions
No distributions paid in the last 12 months.
Income Dividend: Payout to shareholders of interest, dividends, or other income received by the Fund, net of operating expenses. By law, all such income must be distributed to shareholders, who may choose to take the money in cash or reinvest it in more shares of the Fund.
Short-Term Capital Gain: The profit realized from the sale of securities held for less than one year.
Long-Term Capital Gain: Gain on the sale of a security where the holding period was 12 months or more and the profit was subject to the long-term capital gains tax.
Investment Team
Disclosures
Principal Risks
As with any portfolio, you could lose money on your investment in a Voya Target Retirement Fund. Although the strategy seeks to optimize risk-adjusted returns given various time horizons, you still may lose money and experience volatility. Forward looking asset class assumptions and market judgement are used to form the asset allocations for the Voya Target Retirement Fund. There is risk that you could achieve better returns in an underlying portfolio or other portfolios representing a single asset class than in the Voya Target Retirement Fund. Important factors to consider when planning for retirement include your expected expenses, sources of income, and available assets. Before investing in the Target Retirement Fund, weigh your objectives, time horizon, and risk tolerance. The Voya Target Retirement Fund invests in many underlying portfolios which are exposed to the risks of different areas of the market. The higher a portfolio's allocation to stocks, the greater the risk. Diversification cannot assure a profit or protect against a loss in a declining market.
The fund discussed may be available to you as part of your employer sponsored retirement plan. There may be additional plan level fees resulting in personal performance that varies from stated performance. Please call your benefits office for more information.
*Multi-Manager refers to the use of investment managers including Voya Investment Management and outside managers, which may be offered through affiliated sub-advised funds.