IRCAX

About IRCAX

Voya Retirement Conservative Portfolio Adviser Class is a multi-asset mutual fund designed to pursue a high level of total return—combining capital appreciation and income—while maintaining a conservative risk profile relative to its sister retirement portfolios. It implements a passively managed, risk-based allocation by investing primarily in underlying index funds spanning U.S. equities, international equities, U.S. bonds, and other fixed-income securities, aiming to deliver broad diversification in a single vehicle for retirement savers. Positioned in the Conservative Allocation category, the strategy emphasizes capital preservation and typically targets materially lower equity-like volatility than balanced peers. The portfolio is managed by Voya Investments and Voya Investment Management’s multi-asset team, leveraging systematic asset allocation and manager research to construct and maintain exposures across markets. Reported category characteristics highlight its role as a core retirement holding for investors seeking stability, income generation, and measured participation in equity markets, supported by index-based implementation and disciplined rebalancing over time.