Voya Target Retirement 2025 Fund Class R is a target-date mutual fund designed for individuals who anticipate retiring between 2023 and 2027. Its core purpose is to simplify retirement portfolio management by automatically adjusting its asset allocation as the target date approaches, shifting from growth-oriented investments to more conservative holdings to help preserve accumulated wealth. In its early years, the fund maintains a higher exposure to equities to maximize capital appreciation, then gradually reduces risk by increasing allocations to fixed income and other lower volatility assets nearing and into retirement, aiming for about 35% equity exposure at the target date. The portfolio invests in a diversified mix of both affiliated and unaffiliated actively managed funds, index funds, and exchange-traded funds, following an open-architecture approach. By design, the fund seeks to provide risk-adjusted total returns before retirement and a combination of stability and income as investors enter their retirement years. Voya Target Retirement 2025 Fund Class R serves as a comprehensive solution for those seeking a professionally managed, diversified retirement-oriented portfolio that dynamically adapts over time to align with typical investor needs at different life stages.
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