About VRRJX
Voya Target Retirement 2035 Fund Class R is a target-date mutual fund designed to help investors prepare for retirement around the year 2035. Its primary purpose is to provide a diversified portfolio that automatically adjusts over time, balancing growth and risk according to a pre-set glide path as the target retirement date approaches. Early in its lifecycle, the fund emphasizes growth through a higher allocation to equity securities, gradually reducing exposure to equities and increasing holdings in fixed income and more conservative assets as the target date nears.
Notably, the fund invests in a mix of underlying funds, including both affiliated and unaffiliated investments, such as index funds and actively managed funds, spanning U.S. and international equities, bonds, and other assets. This blend aims to maximize asset accumulation for younger investors, and then shift focus toward capital preservation for those nearing retirement. Within the financial market, the fund serves as a convenient, single-fund solution for retirement savers, adjusting portfolio risk and asset allocation automatically based on the investor’s timeline and retirement horizon. It plays a significant role in employer-sponsored retirement plans and is suitable for individuals seeking an all-in-one investment approach leading up to and during retirement.
Fund Family Voya
Category Target-Date 2035
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol VRRJX
Share Class Class R
Index S&P Target Date 2035 TR
VRRJX had a total return of 11.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.52%.
