VRRFX: Voya Target In-Retirement R

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VRRFX Voya Target In-Retirement R


Profile

VRRFX - Profile

Vitals

  • YTD Return 2.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $10.5 M
  • Holdings in Top 10 83.6%

52 WEEK LOW AND HIGH

$11.25
$10.64
$11.57

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.98%

SALES FEES

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

BROKERAGE FEES

  • Turnover 156.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date Retirement

Distributions

  • YTD Total Return 2.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Voya Target In-Retirement Fund
  • Fund Family Name
    Voya
  • Inception Date
    Jun 01, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • 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 (index funds), that 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 soon or are already retired. Its current approximate target investment allocation among the underlying funds is: 31% in equity securities; and 69% in debt instruments.


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Categories

Fund Company Quick Screens

VRRFX - Fund Company Quick Screens


Performance

VRRFX - Performance

Return Ranking - Trailing

Period VRRFX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -0.3% 3.5% 39.79%
1 Yr 5.5% -9.6% 15.2% 84.27%
3 Yr N/A* -4.5% 9.1% 40.29%
5 Yr N/A* -3.0% 6.2% 24.50%
10 Yr N/A* -5.8% 8.2% N/A

* Annualized

Return Ranking - Calendar

Period VRRFX Return Category Return Low Category Return High Rank in Category (%)
2019 7.1% -11.2% 22.9% 89.01%
2018 N/A -19.1% 0.0% N/A
2017 N/A -12.3% 20.9% N/A
2016 N/A -4.2% 7.5% N/A
2015 N/A -13.0% 0.0% N/A

Total Return Ranking - Trailing

Period VRRFX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -0.3% 3.5% 39.79%
1 Yr 5.5% -9.6% 15.2% 84.64%
3 Yr N/A* -4.2% 11.1% 57.41%
5 Yr N/A* -3.0% 8.7% 48.41%
10 Yr N/A* -4.0% 10.5% N/A

* Annualized

Total Return Ranking - Calendar

Period VRRFX Return Category Return Low Category Return High Rank in Category (%)
2019 7.1% -11.2% 22.9% 89.01%
2018 N/A -19.1% 0.0% N/A
2017 N/A -12.3% 24.1% N/A
2016 N/A 0.0% 9.8% N/A
2015 N/A -9.4% 0.7% N/A

NAV & Total Return History


Holdings

VRRFX - Holdings

Concentration Analysis

VRRFX Category Low Category High VRRFX % Rank
Net Assets 10.5 M 42 K 46.9 B 82.06%
Number of Holdings 19 1 588 51.11%
Net Assets in Top 10 8.72 M 0 46.7 B 82.06%
Weighting of Top 10 83.56% 0.0% 113.8% 48.42%

Top 10 Holdings

  1. Voya Intermediate Bond P3 25.12%
  2. Voya Short Term Bond P3 13.94%
  3. iShares Core US Aggregate Bond ETF 9.35%
  4. Schwab US TIPS ETF™ 7.29%
  5. Voya Large-Cap Growth P3 5.95%
  6. Voya Strategic Income Opportunities P3 5.48%
  7. Voya Large Cap Value P3 4.58%
  8. iShares Core S&P 500 ETF 4.07%
  9. Voya US High Dividend Low Volatility P3 3.92%
  10. Voya Multi-Manager Intl Factors P3 3.86%

Asset Allocation

Weighting Return Low Return High VRRFX % Rank
Bonds
71.30% -40.53% 79.46% 3.52%
Stocks
30.43% 0.00% 94.10% 80.07%
Convertible Bonds
0.59% 0.00% 1.36% 10.79%
Preferred Stocks
0.01% 0.00% 7.46% 66.24%
Other
0.00% -0.27% 100.06% 84.88%
Cash
-2.34% -35.61% 112.41% 98.12%

Stock Sector Breakdown

Weighting Return Low Return High VRRFX % Rank
Technology
18.91% 2.95% 20.65% 2.72%
Financial Services
13.93% 3.32% 23.02% 83.81%
Healthcare
11.91% 1.62% 18.93% 69.39%
Industrials
10.49% 1.62% 16.11% 74.94%
Consumer Cyclical
10.43% 1.88% 12.42% 38.18%
Communication Services
8.95% 0.21% 12.50% 15.84%
Real Estate
8.43% 0.43% 46.10% 14.42%
Consumer Defense
7.25% 1.02% 14.47% 70.92%
Energy
3.90% 0.59% 15.76% 77.78%
Utilities
3.15% 0.00% 13.14% 57.21%
Basic Materials
2.65% 0.76% 7.66% 95.04%

Stock Geographic Breakdown

Weighting Return Low Return High VRRFX % Rank
US
24.14% 0.00% 63.41% 66.35%
Non US
6.29% 0.00% 39.24% 96.83%

Bond Sector Breakdown

Weighting Return Low Return High VRRFX % Rank
Government
35.32% 0.00% 99.40% 74.03%
Securitized
33.34% 0.00% 45.77% 6.49%
Corporate
26.37% 0.00% 51.51% 19.72%
Cash & Equivalents
4.88% 0.60% 112.41% 93.15%
Municipal
0.09% 0.00% 27.51% 69.42%
Derivative
0.00% -82.56% 29.38% 54.90%

Bond Geographic Breakdown

Weighting Return Low Return High VRRFX % Rank
US
63.14% -52.61% 74.67% 2.81%
Non US
8.16% -4.04% 24.72% 18.99%

Expenses

VRRFX - Expenses

Operational Fees

VRRFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.98% 0.00% 5.27% 23.40%
Management Fee 0.40% 0.00% 0.77% 87.82%
12b-1 Fee 0.50% 0.00% 1.00% 50.45%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

VRRFX 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

VRRFX 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.

VRRFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 156.00% 0.00% 207.00% 96.34%

Distributions

VRRFX - Distributions

Dividend Yield Analysis

VRRFX Category Low Category High VRRFX % Rank
Dividend Yield 0.00% 0.00% 2.61% 34.00%

Dividend Distribution Analysis

VRRFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

VRRFX Category Low Category High VRRFX % Rank
Net Income Ratio 1.92% -0.45% 4.93% 52.68%

Capital Gain Distribution Analysis

VRRFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

VRRFX - Fund Manager Analysis

Managers

Halvard Kvaale


Start Date

Tenure

Tenure Rank

Dec 20, 2012

7.12

7.1%

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


Start Date

Tenure

Tenure Rank

Dec 20, 2012

7.12

7.1%

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

0.34

0.3%

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 17.35 4.54 0.08