IRSOX – Voya Target Retirement 2040 I Investment Strategy | Morningstar

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Strategy

The investment seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2040. The fund invests primarily in a combination of underlying funds, which are actively managed funds or passively managed funds. The underlying funds invest in U.S. stocks, international stocks, U.S. bonds, and other debt instruments and the fund uses an asset allocation strategy designed for investors expecting to retire around the year 2040. The fund's current approximate target investment allocation among the underlying funds is as follows: 74% in equity securities and 26% in debt instruments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
IRSOX	Voya Target Retirement 2040 Fund Class I	Institutional	Open			Dec 20, 2012	$5.02M	0.370%	Below Average	$250,000	−$8.92M
VTRJX	Voya Target Retirement 2040 Fund Class A	Front Load	Open			Dec 21, 2015	$32.78M	0.610%	Low	$1,000	$13.98M
VTRKX	Voya Target Retirement 2040 Fund Class R6	Retirement, Large	Open			Dec 21, 2015	$109.36M	0.250%	Low	$1M	−$6.32M
VRRKX	Voya Target Retirement 2040 Fund Class R	Retirement, Medium	Open			Jun 1, 2018	$2.95M	0.860%	Below Average	$0	−$6.03M

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