IRSQX

About IRSQX

Voya Target Retirement 2050 Fund Class I is a mutual fund in the target-date category, specifically designed for investors aiming to retire around the year 2050. Its primary purpose is to provide a diversified portfolio that automatically adjusts its allocation over time to align with the evolving risk and return needs of participants as they approach retirement. Early in its investment lifecycle, the fund holds a high proportion of equity securities—approximately 95%—with a smaller allocation to fixed income, aiming to maximize capital appreciation during the accumulation years. As 2050 nears, the fund gradually shifts toward a more conservative mix, increasing its allocation to bonds and cash to help preserve accumulated wealth and manage retirement income risk. The fund utilizes a blend of actively and passively managed underlying funds, including both affiliated and unaffiliated investment vehicles, ensuring broad exposure across domestic and international equities, as well as fixed income markets. It features an institutional share class with a relatively low expense ratio, making it cost-competitive among peer target-date funds. Voya Target Retirement 2050 Fund Class I plays a significant role for long-term investors seeking a professionally managed, time-dynamic investment solution aligned with a specific retirement horizon.