Voya Target Retirement 2040 R (VRRKX)
| Fund Assets | 136.51M |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000 |
| Turnover | 79.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 1.57% |
| Dividend Growth | -2.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 16.52 |
| YTD Return | 14.33% |
| 1-Year Return | 14.78% |
| 5-Year Return | 64.13% |
| 52-Week Low | 13.01 |
| 52-Week High | 16.57 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| Inception Date | Jun 1, 2018 |
About VRRKX
The Voya Target Retirement 2040 Fund Class R is a target-date mutual fund structured to help investors prepare for retirement, specifically those anticipating retirement between 2038 and 2042. This fund uses a diversified blend of actively and passively managed underlying investments, including mutual funds and exchange-traded funds. Early in its lifecycle, it emphasizes asset accumulation with a higher allocation to equities, aiming for growth, and then gradually reallocates towards fixed income and more conservative assets as the target date approaches to help protect accumulated capital. The fund follows a defined glide path that systematically reduces investment risk and equity exposure as participants age. Holdings include broad exposure to U.S. large-cap stocks, international equities, and a core of bond funds, managed by Voya’s experienced multi-asset team. Annual dividend payments are part of its structure. With its multi-manager approach and open-architecture investment framework, the fund plays a critical role for those seeking a single, professionally managed solution that adjusts risk over time, making it a cornerstone option in retirement planning for a wide range of investors.
Performance
VRRKX had a total return of 14.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.12%.
Top 10 Holdings
97.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity 500 Index | FXAIX | 47.50% |
| Vanguard FTSE Developed Markets ETF | VEA | 13.89% |
| Voya Intermediate Bond R6 | IIBZX | 10.62% |
| Voya Multi-Manager International Eq I | IIGIX | 7.93% |
| iShares Core S&P Mid-Cap ETF | IJH | 4.45% |
| Vanguard Long-Term Treasury ETF | VGLT | 3.06% |
| Voya VACS Series Eme | VVIFX | 3.00% |
| 5 Year Treasury Note Future Sept 25 | n/a | 2.55% |
| Vanguard FTSE Emerging Markets ETF | VWO | 2.49% |
| iShares Core U.S. Aggregate Bond ETF | AGG | 2.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.2586 | Dec 31, 2024 |
| Dec 28, 2023 | $0.2665 | Dec 29, 2023 |
| Dec 30, 2022 | $0.646 | Jan 3, 2023 |
| Dec 31, 2021 | $2.5228 | Jan 3, 2022 |
| Dec 31, 2020 | $0.5068 | Jan 4, 2021 |
| Dec 31, 2019 | $0.4756 | Jan 2, 2020 |