Voya Retirement Growth Portfolio
The Portfolio seeks a high level of total return (consisting of capital appreciation and income) consistent with a level of risk that can be expected to be greater than that of Voya Retirement Moderate Growth Portfolio.
Product Facts
| Ticker Symbol | IIRGX |
| CUSIP | 92914C600 |
| Inception Date | April 28, 2006 |
| Dividends Paid | Annually |
About this Product
The Voya Retirement Portfolios are a suite of four passively managed risk-based asset allocation portfolios designed for investors saving for retirement. The portfolios invest in a combination of underlying funds which are passively managed funds (index funds) that invest in U.S. stocks, international stocks, U.S. bonds and other fixed-income investments. It is important for investors to regularly assess their risk profile to ensure that they are invested in a diversified portfolio that appropriately meets their needs over time, as they approach retirement.
Investment Objective
The Portfolio seeks a high level of total return (consisting of capital appreciation and income) consistent with a level of risk that can be expected to be greater than that of Voya Retirement Moderate Growth Portfolio.
Performance
Average Annual Total Returns %
As of March 31, 2024
As of March 31, 2024
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | +6.75 | +19.43 | +5.83 | +9.17 | +7.48 | 0.59% | 0.59% |
| With Sales Charge | +6.75 | +19.43 | +5.83 | +9.17 | +7.48 | ||
| Net Asset Value | +6.75 | +19.43 | +5.83 | +9.17 | +7.48 | 0.59% | 0.59% |
| With Sales Charge | +6.75 | +19.43 | +5.83 | +9.17 | +7.48 | ||
| S&P Target Risk Aggressive Index | +6.33 | +18.40 | +5.40 | +8.97 | +7.68 | — | — |
| Russell 3000 Index | +10.02 | +29.29 | +9.78 | +14.34 | +12.33 | — | — |
| S&P Target Risk Aggressive Index | +6.33 | +18.40 | +5.40 | +8.97 | +7.68 | — | — |
| Russell 3000 Index | +10.02 | +29.29 | +9.78 | +14.34 | +12.33 | — | — |
Inception Date - Class I:April 28, 2006
Current Maximum Sales Charge: 0.00%
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.
Returns-Based Characteristics
As of March 31, 2024
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Alpha Alpha: A measure of risk-adjusted performance; alpha reflects the difference between a portfolio's actual return and the return that could be expected give its risk as measured by beta. | 0.44 | 0.33 | 0.00 |
| Beta Beta: The sensitivity of a portfolio's returns to changes in the return of the market as measured by the index or benchmark that represents the market. A portfolio with a beta of 1.0 behaves exactly like the index. A beta less than 1.0 suggests lower risk than the index, while a beta greater than 1.0 indicates a risk level higher than the index. | 0.99 | 0.97 | 0.96 |
| Information Ratio Information Ratio: The ratio of portfolio returns in excess of a market index to the variability of those excess returns; in effect, information ratio describes the value added by active management in relation to the risk taken to achieve those returns. | 0.30 | 0.14 | -0.16 |
| R2 R2: The proportion of the variation in a portfolio's returns that can be explained by the variability of the returns of an index. High R-squared (close to 1.0) is usually consistent with broad diversification. | 0.99 | 0.99 | 0.99 |
| Sharpe Ratio Sharpe Ratio: A risk-adjusted measure calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance. | 0.20 | 0.48 | 0.50 |
| Standard Deviation Standard Deviation: A measure of the degree to which an individual probability value varies from the distribution mean. The higher the number, the greater the risk. | 14.52 | 14.65 | 11.89 |
Growth of a $10,000 Investment
For the period 04/30/2014 through 03/31/2024
Ending Value: $20,571.00
The performance quoted in the "Growth of a $10,000 Investment" chart represents past performance. Performance shown is without sales charges; had sales charges been deducted, performance would have been less. Ending value includes reinvestment of distributions.
Portfolio
Portfolio Statistics
As of March 31, 2024
| Net Assets millions Net Assets: The per-share dollar amount of the fund, calculated by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding. | $1,890.2 |
| Number of Holdings Number of Holdings: Number of Holdings in the investment. | 9 |
| Total |
Top Holdings
% of Total Investments as of March 28, 2024
| Voya US Stock Index Port I | 50.33 |
| Voya US Bond Index Port I | 13.70 |
| Voya International Index Port I | 11.00 |
| Voya Russell Mid Cap Index I | 8.13 |
| Voya Short Term Bond R6 | 6.81 |
| Voya Russell Large Cap Value Index I | 3.06 |
| Voya Emerging Markets Index Portfolio I | 2.99 |
| Voya Russell Small Cap Index I | 2.02 |
| Voya High Yield Bond R6 | 1.96 |
| Total | #,###.2 |
Portfolio Composition
as of March 31, 2024
| US Small Cap | 2.02 |
| High Yield | 1.96 |
| US Large Value | 3.06 |
| Emerging Markets | 2.99 |
| Short Duration | 6.81 |
| US Mid Cap Blend | 8.13 |
| International | 11.00 |
| Core Fixed Income | 13.70 |
| US Large Blend | 50.33 |
| Total | #,###.2 |
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Distributions
Payment Frequency: Annually
| Ex-Date
Ex-Date: Date on which a stock begins trading without the benefit of the dividend. Typically, a stock’s price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date. | Payable Date
Payable Date: Date on which a declared stock dividend or a bond interest payment is scheduled to be paid. | Record Date
Record Date: Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend. | Amount | |
|---|---|---|---|---|
| Long-Term Capital Gain | 07/13/2023 | 07/14/2023 | 07/12/2023 | $0.945500 |
| Income Dividend | 07/13/2023 | 07/14/2023 | 07/12/2023 | $0.221200 |
| Totals: $1.166700 | ||||
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
Portfolio Management Team
Voya Investments, LLC
Investment Adviser
Voya Investment Management Co. LLC
Investment Sub-Adviser
Barbara Reinhard, CFA
Senior Managing Director, Chief Investment Officer, Multi-Asset Strategies and Solutions
Years of Experience: 31
Years with Voya: 8
Lanyon Blair, CFA, CAIA
Senior Vice President, Head of Manager Research and Selection
Years of Experience: 16
Years with Voya: 9
Disclosures
Principal Risks
As with any portfolio, you could lose money on your investment in the Voya Retirement Portfolios. Although asset allocation seeks to optimize returns given various levels of risk tolerance, you still may lose money and experience volatility. Market and asset class performance may differ in the future from historical performance and the assumptions used to form the asset allocations for the Voya Retirement Portfolios. There is a risk that you could achieve better returns in an underlying portfolio or other portfolios representing a single asset class than in the Voya Retirement Portfolios. Please keep in mind, using asset allocation as part of your investment strategy neither assures nor guarantees better performance and cannot protect against loss in declining markets.
The share price of the Portfolios normally changes daily based on changes in the value of the securities that the Portfolios hold. The investment strategies used may not produce the intended results. The principal risks of investing in the Portfolios and the circumstances reasonably likely to cause the value of your investment in the Portfolios to decline include: asset allocation risk, credit risk, debt securities risk, equity securities risk, foreign investment risk, growth investing risk, inflation-indexed bonds risk, interest rate risk, market and company risk, real estate risk, REITs risk, U.S. Government securities and obligations risk, derivatives risk and value investing risk. If you would like additional information regarding the risks of the Portfolios' underlying funds, please see "Description of the Investment Objectives, Main Investments and Risks of the Underlying Funds" and the "More Information on Risks" sections of the Prospectus.
The Voya Retirement Portfolios may only be offered to variable annuity and variable life insurance separate accounts, ("Variable Contracts"), qualified pension and retirement plans which includes plans qualified under Sections 401 of the Internal Revenue Code ("IRC") as well as 403(b) annuity plans, 403(b)(7) custodial accounts, 408(a) individual retirement accounts, eligible governmental and deferred compensation plans under Sections 414(d) or 457(b) or plans described in 501(c)18 of the IRC, certain investment advisers and their affiliates in connection with the creation or management of the Solution Portfolios and certain other management investment companies.
An investment in the Portfolio is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency.