About IDXKX
Voya Index Solution 2040 Portfolio Class ADV is a target-date mutual fund designed to support individuals aiming to retire between 2038 and 2042. As part of a suite of ten target-date strategies, it primarily invests at least 80% of its net assets in passively managed index funds, offering diversified exposure to global asset classes such as stocks, bonds, and cash. The portfolio's asset allocation follows an explicit glide path: it starts with a higher equity allocation to emphasize long-term growth and gradually reduces exposure to riskier assets as the target retirement date approaches, becoming more conservative over time. Managed for use in tax-advantaged accounts, its objective is to provide total return before the target date and, upon reaching it, to balance return and principal stability. The fund is notable for its disciplined asset mix, annual dividend payments, and relatively low expenses compared to peers. Given its design, Voya Index Solution 2040 Portfolio Class ADV plays a key role in facilitating retirement planning, allowing investors to align investment risk and return objectives with a specific retirement timeline.
Fund Family Voya
Category Target-Date 2040
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol IDXKX
Share Class Class Adv
Index S&P Target Date 2040 TR
IDXKX had a total return of 9.64% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.30%.
