IRSMX: Voya Target Retirement 2030 I

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IRSMX Voya Target Retirement 2030 I

  • Fund
  • IRSMX
  • Price as of: Oct 15, 2019
  • $12.49 + $0.07 + 0.56%

IRSMX - Profile

Vitals

  • YTD Return 14.5%
  • 3 Yr Annualized Return 4.1%
  • 5 Yr Annualized Return 2.2%
  • Net Assets $23.5 M
  • Holdings in Top 10 74.5%

52 WEEK LOW AND HIGH

$12.49
$10.79
$12.51

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 103.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250,000

IRA

$250,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2030

Distributions

  • YTD Total Return 14.5%
  • 3 Yr Annualized Total Return 6.7%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.88%
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Voya Target Retirement 2030 Fund
  • Fund Family Name Voya
  • Inception Date Dec 20, 2012
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Halvard Kvaale

Fund Description

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 2030. Its current approximate target investment allocation (expressed as a percentage of its net assets) among the underlying funds is as follows: 68% in equity securities; and 32% in debt instruments.

IRSMX - Fund Company Quick Screens

IRSMX - Performance

Return Ranking - Trailing

Period IRSMX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.5% 4.4% 19.3% 33.82%
1 Yr 1.8% -4.1% 8.1% 76.38%
3 Yr 4.1%* -5.7% 10.1% 48.56%
5 Yr 2.2%* -3.7% 8.1% 49.37%
10 Yr N/A* -6.0% 10.3% N/A

* Annualized


Return Ranking - Calendar

Period IRSMX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.7% -17.8% -3.6% 85.77%
2017 11.7% -12.3% 20.9% 43.39%
2016 4.3% -4.2% 7.5% 30.18%
2015 -1.0% -13.0% -0.3% 0.99%
2014 -4.9% -49.7% 34.8% 94.12%

Total Return Ranking - Trailing

Period IRSMX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.5% 4.4% 19.3% 33.82%
1 Yr 1.8% -4.1% 10.3% 81.39%
3 Yr 6.7%* -5.7% 11.1% 27.94%
5 Yr 6.0%* -3.7% 9.4% 22.15%
10 Yr N/A* -4.1% 10.3% N/A

* Annualized


Total Return Ranking - Calendar

Period IRSMX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.7% -17.6% -0.9% 91.55%
2017 17.3% -12.3% 24.1% 30.62%
2016 6.8% 0.2% 9.8% 20.72%
2015 -0.7% -9.4% 0.7% 27.48%
2014 6.0% -47.6% 39.2% 11.37%

NAV & Total Return History

IRSMX - Holdings

Concentration Analysis

IRSMX Category Low Category High IRSMX % Rank
Net Assets 23.5 M 111 K 24.1 B 75.16%
Number of Holdings 22 2 121 30.48%
Net Assets in Top 10 17.5 M 81.4 K 16.9 B 75.00%
Weighting of Top 10 74.52% 59.5% 104.7% 63.71%

Top 10 Holdings

  1. Voya Intermediate Bond P3 12.99%

  2. iShares Core S&P 500 ETF 12.71%

  3. Voya Multi-Manager Intl Factors P3 9.18%

  4. Voya Large-Cap Growth P3 8.10%

  5. Voya Multi-Manager International Eq P3 7.10%

  6. Voya US High Dividend Low Volatility P3 6.15%

  7. Vanguard Russell 1000 Growth ETF 5.52%

  8. Voya Large Cap Value P3 4.72%

  9. Voya Multi-Manager Emerging Mkts Eq P3 4.06%

  10. Voya Strategic Income Opportunities P3 3.97%


Asset Allocation

Weighting Return Low Return High IRSMX % Rank
Stocks
70.78% 15.75% 93.73% 38.39%
Bonds
26.86% -40.53% 75.69% 61.45%
Cash
2.19% -11.60% 112.41% 76.61%
Convertible Bonds
0.15% 0.00% 1.06% 39.35%
Preferred Stocks
0.01% 0.00% 1.66% 70.81%
Other
0.00% -0.36% 14.87% 85.00%

Stock Sector Breakdown

Weighting Return Low Return High IRSMX % Rank
Technology
14.23% 2.10% 19.30% 31.61%
Financial Services
10.18% 3.03% 17.53% 34.68%
Consumer Cyclical
9.14% 1.78% 13.08% 31.61%
Industrials
8.75% 1.43% 13.44% 22.58%
Healthcare
8.07% 1.44% 12.99% 45.48%
Consumer Defense
5.59% 1.02% 10.05% 44.19%
Real Estate
4.75% 0.41% 9.81% 8.55%
Energy
2.97% 0.69% 7.70% 59.03%
Basic Materials
2.58% 0.45% 5.34% 48.55%
Utilities
2.26% 0.16% 7.32% 31.45%
Communication Services
2.19% 0.29% 3.70% 35.32%

Stock Geographic Breakdown

Weighting Return Low Return High IRSMX % Rank
US
50.34% 6.67% 64.06% 35.32%
Non US
20.44% 4.82% 38.88% 45.16%

Bond Sector Breakdown

Weighting Return Low Return High IRSMX % Rank
Securitized
11.39% 0.00% 33.34% 33.23%
Government
7.89% -0.51% 75.69% 66.94%
Corporate
7.73% 0.00% 31.66% 53.71%
Cash & Equivalents
2.19% -42.81% 112.41% 73.06%
Municipal
0.02% 0.00% 6.74% 71.29%
Derivative
0.00% -82.56% 7.98% 38.71%

Bond Geographic Breakdown

Weighting Return Low Return High IRSMX % Rank
US
24.68% -52.61% 75.69% 56.94%
Non US
2.18% 0.00% 18.27% 70.16%

IRSMX - Expenses

Operational Fees

IRSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.00% 108.50% 56.80%
Management Fee 0.40% 0.00% 0.77% 87.58%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.00% 0.40% 72.87%

Sales Fees

IRSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

IRSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Turnover 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.

IRSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 103.00% 0.00% 165.00% 94.43%

IRSMX - Distributions

Dividend Yield Analysis

IRSMX Category Low Category High IRSMX % Rank
Dividend Yield 1.87% 0.00% 2.66% 6.61%

Dividend Distribution Analysis

IRSMX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

IRSMX Category Low Category High IRSMX % Rank
Net Income Ratio 1.88% -0.59% 4.60% 38.83%

Capital Gain Distribution Analysis

IRSMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

IRSMX - Managers

Halvard Kvaale

Manager

Start Date

Tenure

Tenure Rank

Dec 20, 2012

6.78

6.8%

Halvard Kvaale is head of manager research and selection for Multi-Asset Strategies and Solutions (MASS) at Voya Investment Management. Prior to joining the firm, Halvard was managing director and head of Morgan Stanley Smith Barney consulting group’s portfolio advisory services group. In this role, he was responsible for the management of the firm’s discretionary programs within Morgan Stanley Smith Barney overseeing more than $26 billion. Upon joining Morgan Stanley, he served as the head of global advisor research in the consulting services group overseeing the research and due diligence of third party investment managers. Previously, he served as the head of global manager research and fee-based advisory solutions at Deutsche Bank, and at Prudential Investments he managed the third party consulting programs, ran the investment management analysis unit and the senior consulting group. Halvard graduated from the Norwegian School of Management with an MS in general business, and graduated Summa Cum Laude with an MS in investing from San Francisco State University. Halvard holds a Certified Investment Management Analyst (CIMA) designation from the Wharton School of Business.


Paul Zemsky

Manager

Start Date

Tenure

Tenure Rank

Dec 20, 2012

6.78

6.8%

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

Manager

Start Date

Tenure

Tenure Rank

Sep 30, 2019

0.0

0.0%

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

0.0

Category High

17.01

Category Average

6.29

Category Mode

7.75