Voya Retirement Conservative Portfolio
Fund
IRCAX
Price as of:
$7.86
- $0.02
- 0.25%
Primary Theme
fund company
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
5.4%
1 yr return
5.9%
3 Yr Avg Return
-0.1%
5 Yr Avg Return
2.7%
Net Assets
$266 M
Holdings in Top 10
99.8%
52 WEEK LOW AND HIGH
$7.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.12%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
IRCAX - Profile
Distributions
- YTD Total Return 5.4%
- 3 Yr Annualized Total Return -0.1%
- 5 Yr Annualized Total Return 2.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.22%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVoya Retirement Conservative Portfolio
-
Fund Family NameVoya mutual funds
-
Inception DateOct 31, 2007
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Zemsky
Fund Description
Under normal market conditions, the Portfolio invests in a combination of other funds (collectively, the “Underlying Funds”) according to a model that is intended to reflect an allocation of approximately 22% of the Portfolio's assets in equity securities and 78% of the Portfolio's assets in debt instruments. The actual amount of Portfolio assets invested in equity securities may vary at any time and may range from 15% to 45% of its assets in equity securities and from 55% to 85% of its assets in debt instruments. The amount of Portfolio assets invested in equity securities and debt instruments are measured with reference to the principal investment strategies of the Underlying Funds; actual exposure to these asset classes will vary from these amounts if an Underlying Fund is not substantially invested in accordance with its principal investment strategy. Generally, most of the Underlying Funds in which the Portfolio invests will be passively managed index funds. The Underlying Funds may or may not be affiliated with the Investment Adviser.Underlying Funds in which the Portfolio may invest for its exposure to equity securities hold a wide range of equity type securities which may include stocks of companies of any market capitalization and domestic and foreign (non-U.S.) securities, including emerging market securities. Underlying Funds in which the Portfolio may invest for its exposure to debt instruments hold such instruments of varying maturities which may include corporate debt instruments of U.S. and non-U.S. issuers; securities issued or guaranteed by the U.S. government, its agencies or governmental-sponsored enterprises; and inflation-indexed bonds issued both by governments and corporations.The Portfolio may also invest in derivative instruments including futures and swaps (including interest rate swaps, total return swaps, and credit default swaps) to make tactical allocations and to assist in managing cash.The Portfolio may invest in exchange-traded funds (“ETFs”) to the extent permitted under the Investment Company Act of 1940, as amended, and the rules and regulations thereunder, and under the terms of applicable no-action relief or exemptive orders granted thereunder.In seeking the Portfolio's investment objective, the sub-adviser (the “Sub-Adviser”) uses a proprietary investment model to determine the Portfolio's asset allocation between equity securities and debt instruments. The investment model generally seeks to manage the risk of the Portfolio's returns and may consider such factors as: (i) the investment objective of the Portfolio and each of the Underlying Funds; (ii) economic and market forecasts; (iii) proprietary and third-party reports and analysis; (iv) the risk/return characteristics and volatility of the Underlying Funds; (v) the correlation and covariance among the Underlying Funds; and (vi) Voya affiliated insurance companies' ability to hedge their risk in issuing guarantees on products offering guaranteed lifetime income or death benefits. The Portfolio's shares are offered to, among others, separate accounts of Voya insurance company subsidiaries as an investment option under variable annuity contracts which contain certain financial guarantees by those subsidiaries. The investment model will take into account the effect of the investment risk of the Portfolio on the Voya affiliated insurance companies' guarantee obligations and the companies’ ability to hedge their risks under those guarantees.The Sub-Adviser may change the Portfolio's asset allocations, investments in particular Underlying Funds (including any Underlying Funds organized in the future), target allocations or other investment policies without prior approval of shareholders as it determines necessary to pursue the Portfolio's investment objective.
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IRCAX - Performance
Return Ranking - Trailing
| Period | IRCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.4% | -4.8% | 11.7% | 53.85% |
| 1 Yr | 5.9% | -6.2% | 12.9% | 51.28% |
| 3 Yr | -0.1%* | -9.3% | 6.6% | 68.70% |
| 5 Yr | 2.7%* | -8.6% | 5.9% | 43.24% |
| 10 Yr | 3.5%* | -3.1% | 4.6% | 29.76% |
* Annualized
Return Ranking - Calendar
| Period | IRCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.7% | -6.5% | 9.5% | 68.38% |
| 2022 | -24.3% | -24.6% | -1.5% | 99.13% |
| 2021 | 0.3% | -8.0% | 3.8% | 35.09% |
| 2020 | 5.7% | -16.2% | 11.1% | 25.23% |
| 2019 | 8.6% | 3.0% | 10.7% | 25.23% |
Total Return Ranking - Trailing
| Period | IRCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.4% | -4.8% | 11.7% | 53.85% |
| 1 Yr | 5.9% | -6.2% | 12.9% | 51.28% |
| 3 Yr | -0.1%* | -9.3% | 6.6% | 68.70% |
| 5 Yr | 2.7%* | -8.6% | 5.9% | 43.24% |
| 10 Yr | 3.5%* | -3.1% | 4.6% | 29.76% |
* Annualized
Total Return Ranking - Calendar
| Period | IRCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.8% | -5.1% | 13.3% | 46.15% |
| 2022 | -14.0% | -22.6% | 8.8% | 84.35% |
| 2021 | 4.7% | -8.0% | 13.8% | 28.95% |
| 2020 | 10.3% | -13.7% | 13.5% | 10.81% |
| 2019 | 13.6% | 5.7% | 18.4% | 14.95% |
NAV & Total Return History
IRCAX - Holdings
Concentration Analysis
| IRCAX | Category Low | Category High | IRCAX % Rank | |
|---|---|---|---|---|
| Net Assets | 266 M | 8.81 M | 5.46 B | 52.14% |
| Number of Holdings | 8 | 3 | 1927 | 95.73% |
| Net Assets in Top 10 | 272 M | 11.5 M | 5.17 B | 42.74% |
| Weighting of Top 10 | 99.77% | 10.9% | 102.4% | 9.40% |
Top 10 Holdings
- Voya US Bond Index Portfolio 48.59%
- Voya US Stock Index Portfolio 20.21%
- Voya Short Duration Bond Fund 13.46%
- Vanguard Short-Term Bond ETF 5.24%
- Voya High Yield Bond Fund 3.98%
- Schwab US TIPS ETF 3.15%
- Voya International Index Portfolio 3.04%
- Voya Russell Mid Cap Index Portfolio 2.10%
Asset Allocation
| Weighting | Return Low | Return High | IRCAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.77% | 0.00% | 100.08% | 23.93% |
| Convertible Bonds | 0.72% | 0.00% | 3.97% | 83.76% |
| Cash | 0.23% | 0.00% | 59.63% | 62.39% |
| Preferred Stocks | 0.00% | 0.00% | 1.29% | 77.78% |
| Other | 0.00% | -74.59% | 44.64% | 71.79% |
| Bonds | 0.00% | 0.00% | 157.86% | 80.34% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IRCAX % Rank | |
|---|---|---|---|---|
| Technology | 22.59% | 0.00% | 25.62% | 4.27% |
| Financial Services | 14.31% | 0.00% | 20.10% | 62.39% |
| Healthcare | 12.63% | 0.00% | 19.76% | 47.86% |
| Consumer Cyclical | 11.72% | 0.00% | 12.36% | 17.09% |
| Industrials | 9.35% | 0.00% | 29.86% | 77.78% |
| Communication Services | 8.37% | 0.00% | 11.71% | 18.80% |
| Consumer Defense | 6.62% | 0.00% | 22.77% | 54.70% |
| Energy | 4.20% | 0.00% | 27.98% | 69.23% |
| Basic Materials | 3.79% | 0.00% | 8.62% | 69.23% |
| Real Estate | 3.38% | 0.00% | 78.69% | 68.38% |
| Utilities | 3.05% | 0.00% | 91.26% | 43.59% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IRCAX % Rank | |
|---|---|---|---|---|
| US | 99.77% | 0.00% | 100.08% | 23.93% |
| Non US | 0.00% | 0.00% | 14.08% | 77.78% |
IRCAX - Expenses
Operational Fees
| IRCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.12% | 0.11% | 6.36% | 40.17% |
| Management Fee | 0.25% | 0.00% | 1.25% | 56.41% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 77.27% |
| Administrative Fee | N/A | 0.01% | 0.70% | 61.50% |
Sales Fees
| IRCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| IRCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| IRCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 6.00% | 318.00% | 26.67% |
IRCAX - Distributions
Dividend Yield Analysis
| IRCAX | Category Low | Category High | IRCAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.20% | 0.00% | 5.22% | 84.62% |
Dividend Distribution Analysis
| IRCAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| IRCAX | Category Low | Category High | IRCAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.22% | -1.25% | 3.99% | 76.52% |
Capital Gain Distribution Analysis
| IRCAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jul 15, 2024 | $0.251 | OrdinaryDividend |
| Jul 15, 2024 | $0.027 | CapitalGainShortTerm |
| Jul 15, 2024 | $0.101 | CapitalGainLongTerm |
| Jul 13, 2023 | $0.151 | OrdinaryDividend |
| Jul 13, 2023 | $0.147 | CapitalGainLongTerm |
| Jul 13, 2022 | $0.193 | OrdinaryDividend |
| Jul 13, 2022 | $0.051 | CapitalGainShortTerm |
| Jul 13, 2022 | $0.794 | CapitalGainLongTerm |
| Jul 13, 2021 | $0.213 | OrdinaryDividend |
| Jul 13, 2021 | $0.043 | CapitalGainShortTerm |
| Jul 13, 2021 | $0.169 | CapitalGainLongTerm |
| Jul 13, 2020 | $0.174 | OrdinaryDividend |
| Jul 13, 2020 | $0.052 | CapitalGainShortTerm |
| Jul 13, 2020 | $0.181 | CapitalGainLongTerm |
| Jul 12, 2019 | $0.171 | OrdinaryDividend |
| Jul 12, 2019 | $0.002 | CapitalGainShortTerm |
| Jul 12, 2019 | $0.237 | CapitalGainLongTerm |
| Jul 13, 2018 | $0.004 | CapitalGainShortTerm |
| Jul 13, 2018 | $0.251 | CapitalGainLongTerm |
| Jul 13, 2018 | $0.174 | OrdinaryDividend |
| Jul 14, 2017 | $0.006 | CapitalGainShortTerm |
| Jul 14, 2017 | $0.193 | CapitalGainLongTerm |
| Jul 14, 2017 | $0.130 | OrdinaryDividend |
| Jul 14, 2016 | $0.003 | CapitalGainShortTerm |
| Jul 14, 2016 | $0.198 | CapitalGainLongTerm |
| Jul 14, 2016 | $0.134 | OrdinaryDividend |
| Jul 14, 2015 | $0.017 | CapitalGainShortTerm |
| Jul 14, 2015 | $0.325 | CapitalGainLongTerm |
| Jul 14, 2015 | $0.141 | OrdinaryDividend |
| Jul 14, 2014 | $0.025 | CapitalGainShortTerm |
| Jul 14, 2014 | $0.329 | CapitalGainLongTerm |
| Jul 14, 2014 | $0.296 | OrdinaryDividend |
| Jul 16, 2013 | $0.014 | CapitalGainShortTerm |
| Jul 16, 2013 | $0.101 | CapitalGainLongTerm |
| Jul 16, 2013 | $0.307 | OrdinaryDividend |
| Jul 16, 2012 | $0.030 | CapitalGainShortTerm |
| Jul 16, 2012 | $0.093 | CapitalGainLongTerm |
| Jul 16, 2012 | $0.291 | OrdinaryDividend |
| Jul 14, 2011 | $0.079 | CapitalGainShortTerm |
| Jul 14, 2011 | $0.006 | CapitalGainLongTerm |
| Jul 14, 2011 | $0.157 | OrdinaryDividend |
| Jul 14, 2010 | $0.021 | OrdinaryDividend |
| Jul 14, 2010 | $0.001 | CapitalGainShortTerm |
| Jul 14, 2010 | $0.013 | CapitalGainLongTerm |
IRCAX - Fund Manager Analysis
Managers
Paul Zemsky
Start Date
Tenure
Tenure Rank
Dec 31, 2007
14.42
14.4%
Paul Zemsky is the chief investment officer and founder of the Multi-Asset Strategies and Solutions Team (MASS) at Voya Investment Management. He is responsible for the firm’s suite of value-added, customized and off-the-shelf products and solutions that are supported by the team’s asset allocation, manager research, quantitative research, portfolio implementation and multi-manager capabilities. Prior to joining the firm, he co-founded CaliberOne Private Funds Management, a macro hedge fund. Paul began his career at JPMorgan Investment Management, where he held a number of key positions, including head of investments for over $300 Billion of Fixed Income assets. Paul is a member of the firm’s Management Committee and a board member of Pomona Capital. He holds a dual degree in finance and electrical engineering from the Management and Technology Program at the University of Pennsylvania and holds the Chartered Financial Analyst® designation.
Barbara Reinhard
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Barbara Reinhard CFA, Portfolio Manager, joined Voya in 2016. Ms. Reinhard is the head of asset allocation for Multi-Asset Strategies and Solutions (“MASS”) at Voya Investment Management. In this role, she is responsible for strategic and tactical asset allocation decisions for the MASS team’s multi-asset strategies. Prior to joining Voya, Ms. Reinhard was the chief investment officer for Credit Suisse Private Bank in the Americas from 2011 to 2016. In that role, she managed discretionary multi-asset portfolios, was a member of the global asset allocation committee, and the pension investment committee. Prior to that, Ms. Reinhard spent 20 years of her career at Morgan Stanley.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 26.96 | 6.41 | 12.09 |