Product Facts
| Ticker Symbol | IRGMX |
| CUSIP | 92914C808 |
| 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 Portfolio but less than that of Voya Retirement Growth Portfolio.
Performance
Average Annual Total Returns %
As of November 30, 2024
As of September 30, 2024
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | +15.31 | +20.12 | +4.85 | +8.28 | +7.16 | 0.60% | 0.60% |
| With Sales Charge | +15.31 | +20.12 | +4.85 | +8.28 | +7.16 | ||
| Net Asset Value | +13.41 | +23.81 | +5.29 | +8.67 | +7.28 | 0.60% | 0.60% |
| With Sales Charge | +13.41 | +23.81 | +5.29 | +8.67 | +7.28 | ||
| S&P Target Risk Growth Index | +13.26 | +18.38 | +4.28 | +7.09 | +6.57 | — | — |
| Russell 3000 Index | +27.71 | +34.49 | +10.54 | +15.23 | +12.89 | — | — |
| S&P Target Risk Growth Index | +12.81 | +23.31 | +4.73 | +7.65 | +6.86 | — | — |
| Russell 3000 Index | +20.63 | +35.19 | +10.29 | +15.26 | +12.83 | — | — |
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.
The Standard and Poor's Target Risk Growth Total Return Index seeks to provide significant exposure to equities, while also providing increased limited fixed income exposure to diversify risk. The index returns include the reinvestment of dividends and distributions net of withholding taxes, but do not reflect fees, brokerage commissions, or other expenses. Investors cannot directly invest in an index.
Past performance does not guarantee future results.
©2024 Voya Investments Distributor, LLC, 230 Park Ave, New York, NY 10169 • All rights reserved.
An investor should consider the investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. For a free copy of the Fund’s prospectus or summary prospectus, which contains this and other information, visit us at www.voyainvestments.com or call (800) 992-0180. Please read all materials carefully before investing.
This information is proprietary and cannot be reproduced or distributed. Certain information may be received from sources Voya Investment Management (Voya IM) considers reliable; Voya IM does not represent that such information is accurate or complete. Certain statements contained herein may constitute "projections," "forecasts" and other "forward-looking statements" that do not reflect actual results and are based primarily upon applying retroactively a hypothetical set of assumptions to certain historical financial data. Actual results, performance or events may differ materially from those in such statements. Any opinions, projections, forecasts and forward-looking statements presented herein are valid only as of the date of this document and are subject to change. Nothing contained herein should be construed as (i) an offer to buy any security or (ii) a recommendation as to the advisability of investing in, purchasing or selling any security. Voya IM assumes no obligation to update any forward-looking information.
Returns-Based Characteristics
As of November 30, 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. | 0.56 | 1.01 | 0.39 |
| 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. | 1.00 | 1.03 | 1.04 |
| 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. | 0.36 | 0.73 | 0.43 |
| 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. | 0.98 | 0.98 | 0.98 |
| 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. | 0.06 | 0.45 | 0.51 |
| 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. | 12.78 | 12.76 | 10.45 |
Growth of a $10,000 Investment
For the period 12/31/2014 through 11/30/2024
Ending Value: $19,970.00
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
Top Holdings
% of Total Investments as of November 29, 2024
| Voya US Stock Index Port I | 47.67 |
| Voya US Bond Index Port I | 26.67 |
| Voya Short Duration Bond R6 | 7.86 |
| Voya International Index Port I | 6.71 |
| Voya Russell Mid Cap Index I | 5.24 |
| Voya Russell Large Cap Growth Index I | 2.02 |
| Voya High Yield Bond R6 | 1.97 |
| Voya Emerging Markets Index Portfolio I | 1.86 |
| Total | #,###.2 |
Portfolio Composition
as of November 30, 2024
| Emerging Markets | 1.86 |
| US Large Growth | 2.02 |
| High Yield | 1.97 |
| US Mid Cap Blend | 5.24 |
| International | 6.71 |
| Short Duration | 7.86 |
| Core Fixed Income | 26.67 |
| US Large Blend | 47.67 |
| 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 | |
|---|---|---|---|---|
| Income Dividend | 07/15/2024 | 07/16/2024 | 07/12/2024 | $0.289500 |
| Long-Term Capital Gain | 07/15/2024 | 07/16/2024 | 07/12/2024 | $0.533400 |
| Short-Term Capital Gain | 07/15/2024 | 07/16/2024 | 07/12/2024 | $0.014600 |
| Totals: $0.837500 | ||||
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
Head of Manager Research and Selection
Years of Experience: 16
Years with Voya: 9
Disclosures
Principal Risks
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. You could lose money on your investment and any of the following risks, among others, could affect investment performance. The following principal risks are presented in alphabetical order which does not imply order of importance or likelihood: Affiliated Underlying Funds; Asset Allocation; China Investing Risks – Investing through Stock Connect; Company; Credit; Credit Default Swaps; Currency; Deflation; Derivative Instruments; Foreign (Non-U.S.) Investments/ Developing and Emerging Markets; Index Strategy (Funds-of-Funds); Inflation-Indexed Bonds; Interest Rate; Investment Model; Liquidity; Market; Market Capitalization; Market Disruption and Geopolitical; Prepayment and Extension; U.S. Government Securities and Obligations; Underlying Funds. 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. Investors should consult the Portfolio’s Prospectus and Statement of Additional Information for a more detailed discussion of the Portfolio’s risks.
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.
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.
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.
Variable annuities and group annuities are long-term investments designed for retirement purposes. If withdrawals are taken prior to age 59½, an IRS 10% premature distribution penalty tax may apply. Money taken from the annuity will be taxed as ordinary income in the year the money is distributed. An annuity does not provide any additional tax deferral benefit, as tax deferral is provided by the plan. Annuities may be subject to additional fees and expenses to which other tax-qualified funding vehicles may not be subject. However, an annuity does provide other features and benefits, such as lifetime income payments and death benefits, which may be valuable to you. All guarantees are based on the financial strength and claims paying ability of the issuing insurance company, who is solely responsible for all obligations under its policies. Insurance products, annuities and funding agreements issued by Voya Retirement Insurance and Annuity Company (“VRIAC”), One Orange Way, Windsor, CT 06095, which is solely responsible for meeting its obligations. Plan administrative services provided by VRIAC or Voya Institutional Plan Services, LLC (“VIPS”). Securities distributed by or offered through Voya Financial Partners, LLC (“VFP”) (member SIPC) or other broker-dealers with which it has a selling agreement. Only Voya Retirement Insurance and Annuity Company is admitted and can issue products in the state of New York.