Investment Management

Class A: VTRVX

Class I: ISOLX

Class R6: VTRWX

A Target Date Choice to Keep
Retirement Goals on Track

Voya Target In-Retirement Fund*

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.

*formerly Voya In-Retirement Fund

The Voya Target In-Retirement Fund Offers

A holistic retirement solution
A sophisticated glide path design
A Multi-Manager Approach with a Blend of Active and Passive

A Portfolio that Adjusts as Participants’ Careers Progress

Voya Target Retirement Funds maximize asset accumulation in the early years of participants’ careers, taking aggressive equity positions. The portfolios 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.

Retirement Fund Suite Spotlight Graph

Source: Voya Investment Management
This chart is for illustrative purposes only and may not reflect the current allocations of the Voya Target Retirement Funds.
This illustration is intended to show how the Voya Target Retirement Funds transition over time.

The Voya Difference

A holistic retirement solution

Voya Target Retirement Funds are designed to simplify retirement investing, with an all-in-one, fully managed portfolio that evolves with investors’ needs.

A sophisticated glide path design

Our experienced team of over 25 investment professionals systematically adjusts the portfolios’ strategic exposures as participants move through their careers, including tactical adjustments to manage risks in changing in market conditions.

A Multi-Manager Approach with a Blend of Active and Passive

Voya chooses from among the top managers across asset classes to create diversified portfolios based on a participant’s retirement date and risk profile, utilizing both active and passive management styles.

Meet the Managers

Paul Zemsky

Paul Zemsky, CFA

Portfolio Manager, Managed Fund since 2012

Halvard Kvaale

Halvard Kvaale, CIMA

Portfolio Manager, Managed Fund since 2012

Jody Hrazanek

Jody Hrazanek

Portfolio Manager, Managed Fund since 2015


Principal Risks

There is no guarantee that any investment option will achieve its stated objective. Principal value fluctuates and there is no guarantee of value at any time, including the target date.

The “target date” is the approximate date when an investor plans to start withdrawing their money. When their target date is reached, they may have more or less than the original amount invested. For each target-date portfolio, until the day prior to its target date, the portfolio will seek to provide total returns consistent with an asset allocation targeted for an investor who is retiring in approximately each portfolio’s designated target year. On the target date, the portfolio will seek to provide a combination of total return and stability of principal.

Stocks are more volatile than bonds, and portfolios with a higher concentration of stocks are more likely to experience greater fluctuations in value than portfolios with a higher concentration in bonds. Foreign stocks and small- and mid-cap stocks may be more volatile than large-cap stocks. Investing in bonds also, entails credit risk and interest rate risk. Generally investors with longer timeframes can consider assuming more risk in their investment portfolio.

As with any portfolio, you could lose money on your investment in a Voya Target Retirement Fund. 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 and the assumptions used 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 Voya 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 loss in a declining market.