VTRQX

About VTRQX

Voya Target Retirement 2055 Fund Class A is a target-date mutual fund tailored for individuals planning to begin their retirement between 2053 and 2057. Its primary objective is to provide a diversified, risk-adjusted investment strategy that evolves as the target retirement date approaches. The fund employs a multi-manager approach, blending both active and passive investments across a wide range of asset classes through affiliated and unaffiliated underlying funds, including index funds and exchange-traded funds. Early in the investment timeline, the fund emphasizes aggressive equity positions to maximize asset accumulation. As the target date draws closer, it systematically reduces equity exposure, increasing allocations to more conservative assets to better protect accumulated wealth. By retirement, it aims for a conservative mix with approximately 35% in equities. This glide path is designed to strike an evolving balance between growth and capital preservation, supporting long-term retirement goals for investors. Annual dividends and a modest minimum investment make it accessible to a broad range of participants, while its diversified portfolio spans domestic and international equities, fixed income, and other asset types, reflecting its role as a foundational holding in retirement planning.