Voya Index Solution 2045 Portfolio
Name
As of 11/21/2024Price
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
16.4%
1 yr return
23.2%
3 Yr Avg Return
4.7%
5 Yr Avg Return
10.1%
Net Assets
$1.28 B
Holdings in Top 10
99.9%
52 WEEK LOW AND HIGH
$13.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/21/2024Price
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
ISJIX - Profile
Distributions
- YTD Total Return 16.4%
- 3 Yr Annualized Total Return 4.7%
- 5 Yr Annualized Total Return 10.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.25%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVoya Index Solution 2045 Portfolio
-
Fund Family NameVoya mutual funds
-
Inception DateMar 10, 2008
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Zemsky
Fund Description
span style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"in a combination of Underlying Funds which are passively managed index funds. The Portfolio will provide shareholders with at least 60 days' prior written notice of any change in this investment policy. The Underlying Funds may or may not be affiliated with the Investment Adviser. The Underlying Funds invest in U.S. stocks, international stocks, U.S. bonds, and other debt instruments, and the Portfolio uses an asset allocation strategy designed for investors expecting to retire around the year /spanspan style="font-family:Arial;font-size:9.30pt;margin-left:0%;"2045. The Portfolio's current approximate target investment allocation (expressed as a percentage of its net assets) (the /spanspan style="font-family:Arial;font-size:9.30pt;"“Target Allocation”) among the Underlying Funds is as follows: 82% in equity securities and 18% in debt instruments. Although this is the Target Allocation, the actual allocation of the Portfolio's assets may deviate from the percentages shown./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"At least 80% of the Portfolio’s assets will normally be invested in Underlying Funds, including exchange-traded funds (/spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"“ETFs”), advised or subadvised by the Investment Adviser or an affiliate of the Investment Adviser. The sub-adviser (the “Sub-Adviser”) may in its discretion invest up to 20% of the Portfolio’s assets in Underlying Funds, including ETFs, that are not advised or subadvised by the Investment Adviser or an affiliate of the Investment Adviser./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"The Target Allocation is measured with reference to the principal investment strategies of the Underlying Funds; actual exposure /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"to debt instruments and equity securities will vary from the Target Allocation depending on the actual investments held by the Underlying Funds. The Portfolio will deviate from the Target Allocation based on the Sub-Adviser’s assessment of current market conditions or other factors. Generally, the deviations fall within the range of +/- 10% relative to the current Target Allocation. The Sub-Adviser may determine, in light of market conditions or other factors, to deviate by a wider margin in order to protect the Portfolio, achieve its investment objective, or to take advantage of particular opportunities./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"The Underlying Funds provide exposure to a wide range of traditional asset classes which include stocks, bonds, and cash./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"Equity securities in which the Underlying Funds invest include, but are not limited to, the following: domestic and international /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"large-, mid-, and small-capitalization stocks (which may be growth oriented, value oriented, or a blend); and emerging market securities./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"Debt instruments in which the Underlying Funds invest include, but are not limited to, the following: domestic and international /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"long-, intermediate-, and short-term bonds; high-yield bonds commonly referred to as “junk-bonds”; and floating rate loans./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"The Portfolio may also invest in derivatives, including futures and swaps (including interest rate swaps, total return swaps, /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"and credit default swaps), to make tactical allocations, as a substitute for taking a position in the underlying asset, to minimize risk, and to assist in managing cash./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"The Portfolio may also allocate to the following non-traditional asset classes (also known as alternative strategies) which /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"include, but are not limited to: domestic and international real estate-related securities, including real estate investment trusts (“REITs”); natural resource/commodity securities; and U.S. Treasury Inflation-Protected Securities. There can be no assurance that these allocations will occur./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"The Portfolio is designed primarily for long-term investors in tax-advantaged accounts. The Portfolio is structured and managed /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"around a specific target retirement or financial goal date of 2045 (the “Target Date”). The Target Date is the approximate year that an investor in the Portfolio would plan to make withdrawals from the Portfolio for retirement or other financial goals. The chart below shows the glide path and illustrates how the Target Allocations to equity securities and debt instruments will change over time. Generally, the Portfolio's glide path will transition to the target asset allocation illustrated below on an annual basis and become more conservative as the Portfolio approaches the Target Date. As the Portfolio approaches its Target Date, the Portfolio's Target Allocation is anticipated to be the same as that of Voya Index Solution Income Portfolio, which is equal to approximately 35% equity securities and 65% debt instruments./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"As the Portfolio's Target Allocation migrates toward that of Voya Index Solution Income Portfolio, by the Target Date, it is /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"anticipated that the Portfolio would be merged with and into Voya Index Solution Income Portfolio. Voya Index Solution Income Portfolio uses an asset allocation strategy designed for investors who are expecting to retire soon, are already retired, or who are in need of making withdrawals from their portfolio soon./spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;margin-left:0%;"In summary, the Portfolio is designed for an investor who plans to withdraw the value of the investor's investments in the /spanspan style="color:#000000;font-family:Arial;font-size:9.30pt;"Portfolio gradually on or after the Target Date. The mix of investments in the Portfolio's Target Allocation will change over time and seek to reduce investment risk as the Portfolio approaches its Target Date. The Target Allocation may be changed at any time by the Sub-Adviser./span
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ISJIX - Performance
Return Ranking - Trailing
| Period | ISJIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.4% | 10.9% | 23.8% | 21.32% |
| 1 Yr | 23.2% | 17.0% | 26.8% | 15.74% |
| 3 Yr | 4.7%* | -1.7% | 7.0% | 17.86% |
| 5 Yr | 10.1%* | 5.4% | 11.2% | 20.00% |
| 10 Yr | 8.5%* | 5.7% | 9.8% | 31.37% |
* Annualized
Return Ranking - Calendar
| Period | ISJIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.1% | 4.8% | 21.3% | 97.96% |
| 2022 | -28.9% | -65.7% | -14.5% | 90.31% |
| 2021 | 11.3% | -4.7% | 18.7% | 31.02% |
| 2020 | 9.5% | 2.3% | 15.5% | 77.71% |
| 2019 | 17.4% | 8.2% | 23.0% | 63.29% |
Total Return Ranking - Trailing
| Period | ISJIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.4% | 10.9% | 23.8% | 21.32% |
| 1 Yr | 23.2% | 17.0% | 26.8% | 15.74% |
| 3 Yr | 4.7%* | -1.7% | 7.0% | 17.86% |
| 5 Yr | 10.1%* | 5.4% | 11.2% | 20.00% |
| 10 Yr | 8.5%* | 5.7% | 9.8% | 31.37% |
* Annualized
Total Return Ranking - Calendar
| Period | ISJIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.8% | 11.2% | 37.0% | 46.94% |
| 2022 | -18.2% | -28.2% | 0.1% | 62.76% |
| 2021 | 17.9% | 4.2% | 22.9% | 33.69% |
| 2020 | 15.8% | 7.8% | 23.2% | 62.29% |
| 2019 | 24.9% | 21.3% | 37.2% | 60.76% |
NAV & Total Return History
ISJIX - Holdings
Concentration Analysis
| ISJIX | Category Low | Category High | ISJIX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.28 B | 6.93 M | 79.9 B | 43.15% |
| Number of Holdings | 9 | 2 | 586 | 84.26% |
| Net Assets in Top 10 | 1.35 B | 9.98 M | 84.8 B | 40.10% |
| Weighting of Top 10 | 99.94% | 42.4% | 144.1% | 29.10% |
Top 10 Holdings
- Voya VACS Index Series Portfolio 52.47%
- Voya VACS Index Series Portfolio 23.53%
- Voya VACS Index Series Portfolio 5.99%
- Voya VACS Index Series Portfolio 5.04%
- WisdomTree Voya Yield Enhanced USD Universal Bond Fund 4.94%
- Voya VACS Index Series Portfolio 3.99%
- Xtrackers USD High Yield Corporate Bond ETF 1.99%
- Voya US Bond Index Portfolio 0.99%
- Vanguard Long-Term Treasury ETF 0.99%
Asset Allocation
| Weighting | Return Low | Return High | ISJIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.94% | 0.00% | 100.07% | 44.67% |
| Cash | 0.06% | 0.00% | 45.56% | 46.70% |
| Convertible Bonds | 0.02% | 0.00% | 1.09% | 94.42% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 73.60% |
| Other | 0.00% | -0.02% | 11.52% | 73.10% |
| Bonds | 0.00% | 0.00% | 25.62% | 79.19% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ISJIX % Rank | |
|---|---|---|---|---|
| Technology | 19.25% | 14.05% | 23.99% | 45.69% |
| Financial Services | 15.35% | 13.09% | 18.83% | 41.62% |
| Healthcare | 12.65% | 10.69% | 14.59% | 45.18% |
| Consumer Cyclical | 11.10% | 8.06% | 13.31% | 50.25% |
| Industrials | 10.30% | 9.12% | 12.31% | 53.81% |
| Consumer Defense | 7.59% | 4.68% | 11.06% | 12.69% |
| Communication Services | 7.57% | 5.69% | 10.23% | 32.49% |
| Basic Materials | 4.87% | 3.18% | 6.86% | 42.64% |
| Energy | 4.54% | 2.33% | 6.54% | 39.09% |
| Real Estate | 3.68% | 1.86% | 10.17% | 59.90% |
| Utilities | 3.08% | 1.89% | 8.09% | 12.18% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ISJIX % Rank | |
|---|---|---|---|---|
| US | 99.94% | 0.00% | 100.07% | 44.67% |
| Non US | 0.00% | 0.00% | 38.46% | 76.14% |
ISJIX - Expenses
Operational Fees
| ISJIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.46% | 0.01% | 19.43% | 73.10% |
| Management Fee | 0.21% | 0.00% | 0.89% | 58.38% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.29% | 43.07% |
Sales Fees
| ISJIX 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% | 4.00% | N/A |
Trading Fees
| ISJIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| ISJIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 38.00% | 0.42% | 115.00% | 82.68% |
ISJIX - Distributions
Dividend Yield Analysis
| ISJIX | Category Low | Category High | ISJIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.42% | 0.00% | 6.14% | 55.84% |
Dividend Distribution Analysis
| ISJIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| ISJIX | Category Low | Category High | ISJIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.25% | -0.42% | 3.87% | 39.89% |
Capital Gain Distribution Analysis
| ISJIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Aug 02, 2024 | $0.058 | OrdinaryDividend |
| Aug 03, 2023 | $0.222 | OrdinaryDividend |
| Aug 03, 2023 | $0.891 | CapitalGainLongTerm |
| Aug 03, 2022 | $0.212 | OrdinaryDividend |
| Aug 03, 2022 | $0.084 | CapitalGainShortTerm |
| Aug 03, 2022 | $1.436 | CapitalGainLongTerm |
| Aug 03, 2021 | $0.252 | OrdinaryDividend |
| Aug 03, 2021 | $0.086 | CapitalGainShortTerm |
| Aug 03, 2021 | $0.534 | CapitalGainLongTerm |
| Aug 04, 2020 | $0.218 | OrdinaryDividend |
| Aug 04, 2020 | $0.466 | CapitalGainLongTerm |
| Aug 02, 2019 | $0.208 | OrdinaryDividend |
| Aug 02, 2019 | $0.017 | CapitalGainShortTerm |
| Aug 02, 2019 | $0.507 | CapitalGainLongTerm |
| Aug 03, 2018 | $0.023 | CapitalGainShortTerm |
| Aug 03, 2018 | $0.297 | CapitalGainLongTerm |
| Aug 03, 2018 | $0.170 | OrdinaryDividend |
| Aug 04, 2017 | $0.316 | CapitalGainLongTerm |
| Aug 04, 2017 | $0.177 | OrdinaryDividend |
| Aug 04, 2016 | $0.004 | CapitalGainShortTerm |
| Aug 04, 2016 | $0.935 | CapitalGainLongTerm |
| Aug 04, 2016 | $0.229 | OrdinaryDividend |
| Aug 04, 2015 | $0.044 | CapitalGainShortTerm |
| Aug 04, 2015 | $1.263 | CapitalGainLongTerm |
| Aug 04, 2015 | $0.179 | OrdinaryDividend |
| Aug 04, 2014 | $0.643 | CapitalGainLongTerm |
| Aug 04, 2014 | $0.193 | OrdinaryDividend |
| Aug 06, 2013 | $0.104 | CapitalGainShortTerm |
| Aug 06, 2013 | $0.203 | CapitalGainLongTerm |
| Aug 06, 2013 | $0.140 | OrdinaryDividend |
| Aug 07, 2012 | $0.256 | CapitalGainLongTerm |
| Aug 07, 2012 | $0.115 | OrdinaryDividend |
| Aug 08, 2011 | $0.038 | CapitalGainShortTerm |
| Aug 08, 2011 | $0.328 | CapitalGainLongTerm |
| Aug 08, 2011 | $0.115 | OrdinaryDividend |
| Aug 12, 2010 | $0.021 | CapitalGainLongTerm |
| Aug 12, 2009 | $0.031 | OrdinaryDividend |
| Aug 12, 2009 | $0.000 | CapitalGainShortTerm |
ISJIX - Fund Manager Analysis
Managers
Paul Zemsky
Start Date
Tenure
Tenure Rank
Mar 10, 2008
14.23
14.2%
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
Sep 30, 2019
2.67
2.7%
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 |
|---|---|---|---|
| 0.08 | 17.59 | 5.7 | 2.41 |