VTRWX

About VTRWX

Voya Target In-Retirement Fund Class R6 is a target-date mutual fund specifically structured for investors who have reached retirement or plan to retire imminently. Its primary function is to provide a balanced combination of total return and stability of principal, utilizing an asset allocation strategy that becomes most conservative at retirement. The fund employs a multi-manager approach, investing in a blend of underlying active and passive mutual funds, including both affiliated and unaffiliated funds, to enhance diversification and manage risk. In alignment with its purpose, the fund maintains a strategic asset mix that shifts over time—starting with higher equity exposure to maximize growth during the accumulation phase and transitioning toward a conservative allocation, with approximately 35% in equities at retirement, to prioritize asset preservation. This design makes it particularly relevant for defined contribution plan participants seeking a hands-off investment that automatically adjusts risk levels as they reach and live through retirement. By emphasizing stability and capital protection, Voya Target In-Retirement Fund Class R6 plays a significant role in helping retirees maintain their accumulated savings during the critical decumulation phase of their financial lifecycle.