VRSAX: Voya Target Retirement 2060 I

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VRSAX Voya Target Retirement 2060 I


Profile

VRSAX - Profile

Vitals

  • YTD Return -3.5%
  • 3 Yr Annualized Return 0.7%
  • 5 Yr Annualized Return N/A
  • Net Assets $8 M
  • Holdings in Top 10 88.0%

52 WEEK LOW AND HIGH

$11.47
$10.91
$12.61

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

SALES FEES

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

BROKERAGE FEES

  • Turnover 114.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250,000
  • IRA $250,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2060+

Distributions

  • YTD Total Return -3.5%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.46%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Voya Target Retirement 2060 Fund
  • Fund Family Name
    Voya
  • Inception Date
    Dec 21, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Zemsky

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 2060. The fund's current approximate target investment allocation among the underlying funds is as follows: 92.5% in equity securities and 7.5% in debt instruments.


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Categories

Fund Company Quick Screens

VRSAX - Fund Company Quick Screens


Performance

VRSAX - Performance

Return Ranking - Trailing

Period VRSAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.5% -31.1% 12.1% 42.54%
1 Yr 3.2% -37.2% 17.7% 45.96%
3 Yr 0.7%* -21.0% 8.8% 57.85%
5 Yr N/A* -15.5% 6.1% N/A
10 Yr N/A* -14.6% 7.3% N/A

* Annualized

Return Ranking - Calendar

Period VRSAX Return Category Return Low Category Return High Rank in Category (%)
2019 18.4% -22.2% 46.8% 48.38%
2018 -17.5% -43.5% -0.1% 70.69%
2017 14.2% -38.9% 80.9% 57.63%
2016 5.8% -18.4% 66.3% 25.23%
2015 N/A -62.1% 10.0% N/A

Total Return Ranking - Trailing

Period VRSAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.5% -31.1% 12.1% 42.54%
1 Yr 3.2% -37.2% 17.7% 45.96%
3 Yr 0.7%* -15.7% 10.7% 78.53%
5 Yr N/A* -11.3% 8.4% N/A
10 Yr N/A* -14.6% 11.0% N/A

* Annualized

Total Return Ranking - Calendar

Period VRSAX Return Category Return Low Category Return High Rank in Category (%)
2019 18.4% -22.2% 46.8% 48.38%
2018 -17.5% -43.5% 2.2% 84.48%
2017 14.2% -1.6% 80.9% 80.26%
2016 5.8% -15.1% 66.3% 57.96%
2015 N/A -62.1% 11.5% N/A

NAV & Total Return History


Holdings

VRSAX - Holdings

Concentration Analysis

VRSAX Category Low Category High VRSAX % Rank
Net Assets 8 M 127 K 8.18 B 89.16%
Number of Holdings 17 1 2349 75.47%
Net Assets in Top 10 7.04 M -101 M 4.52 B 89.19%
Weighting of Top 10 87.95% 13.1% 109.6% 40.22%

Top 10 Holdings

  1. iShares Core S&P 500 ETF 16.55%
  2. Voya Multi-Manager International Eq P3 14.23%
  3. Vanguard Russell 1000 Growth ETF 8.47%
  4. Voya Multi-Manager Intl Factors P3 8.44%
  5. Vanguard Value ETF 8.30%
  6. Voya Large-Cap Growth P3 8.02%
  7. Voya Multi-Manager Emerging Mkts Eq P3 7.24%
  8. Voya US High Dividend Low Volatility P3 6.81%
  9. TIAA-CREF S&P 500 Index Instl 5.48%
  10. Voya Small Company P3 4.42%

Asset Allocation

Weighting Return Low Return High VRSAX % Rank
Stocks
94.57% 0.00% 200.34% 58.69%
Bonds
4.80% -83.67% 98.52% 9.41%
Cash
0.55% -100.34% 19.24% 86.49%
Convertible Bonds
0.04% 0.00% 1.36% 18.30%
Other
0.03% -40.50% 15.80% 56.55%
Preferred Stocks
0.00% 0.00% 1.74% 85.24%

Stock Sector Breakdown

Weighting Return Low Return High VRSAX % Rank
Technology
17.31% 0.00% 36.31% 17.08%
Financial Services
14.99% 0.00% 48.61% 67.29%
Industrials
12.00% 0.00% 45.85% 44.17%
Healthcare
11.90% 0.00% 51.12% 33.13%
Consumer Cyclical
11.07% 0.00% 23.85% 26.88%
Communication Services
8.96% 0.00% 35.16% 15.63%
Consumer Defense
7.52% 0.00% 29.68% 30.63%
Real Estate
6.26% 0.00% 17.56% 44.38%
Energy
3.67% 0.00% 44.00% 81.88%
Basic Materials
3.38% 0.00% 20.98% 69.38%
Utilities
2.93% 0.00% 73.52% 60.00%

Stock Geographic Breakdown

Weighting Return Low Return High VRSAX % Rank
US
63.59% 0.00% 73.66% 11.43%
Non US
30.98% 0.00% 199.70% 84.62%

Bond Sector Breakdown

Weighting Return Low Return High VRSAX % Rank
Government
45.46% 0.00% 98.52% 3.33%
Securitized
27.27% 0.00% 27.27% 0.83%
Cash & Equivalents
14.12% -0.83% 100.00% 95.63%
Corporate
13.14% 0.00% 100.00% 39.50%
Derivative
0.00% -0.66% 88.41% 82.95%
Municipal
0.00% 0.00% 2.83% 85.03%

Bond Geographic Breakdown

Weighting Return Low Return High VRSAX % Rank
US
4.47% -0.02% 98.52% 1.04%
Non US
0.33% -2.20% 2.99% 23.70%

Expenses

VRSAX - Expenses

Operational Fees

VRSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.08% 45.88% 75.64%
Management Fee 0.40% 0.00% 1.66% 51.44%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.43% N/A

Sales Fees

VRSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VRSAX 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.

VRSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 114.00% 0.00% 2053.00% 87.10%

Distributions

VRSAX - Distributions

Dividend Yield Analysis

VRSAX Category Low Category High VRSAX % Rank
Dividend Yield 0.00% 0.00% 20.67% 91.62%

Dividend Distribution Analysis

VRSAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Monthly Annually

Net Income Ratio Analysis

VRSAX Category Low Category High VRSAX % Rank
Net Income Ratio 1.46% -4.01% 5.81% 50.57%

Capital Gain Distribution Analysis

VRSAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

VRSAX - Fund Manager Analysis

Managers

Paul Zemsky


Start Date

Tenure

Tenure Rank

Dec 21, 2015

4.12

4.1%

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.

Halvard Kvaale


Start Date

Tenure

Tenure Rank

Dec 21, 2015

4.12

4.1%

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.

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
0.01 29.47 4.68 1.95