About VRSAX
Voya Target Retirement 2060 I Fund is a target-date mutual fund structured to accommodate investors planning to retire around the year 2060. This fund aims to provide a total return through a diversified, age-based asset allocation strategy, which automatically shifts its risk profile as the target date approaches. Early in the investment lifecycle, the fund emphasizes capital growth by allocating a high percentage of assets to equities, including U.S. large-cap, mid-cap, small-cap, and international stocks. As retirement nears, the fund gradually transitions to a more conservative mix, increasing fixed income and reducing equity exposure to help preserve accumulated wealth.
The fund employs a multi-manager approach, blending both active and passive investment strategies across underlying funds. This structure is designed to balance risk and return dynamics, adapting to participants’ evolving financial needs over time. The fund features a low expense ratio and is available as an institutional share class, making it suitable for retirement plans and long-term investment horizons. With a glide path engineered to reduce volatility as investors age, the Voya Target Retirement 2060 I Fund plays a significant role in facilitating disciplined, goal-oriented retirement planning for individuals seeking a managed allocation over decades.
Fund Family Voya
Category Target-Date 2060+
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol VRSAX
Share Class Class I
Index S&P Target Date 2060 TR USD
VRSAX had a total return of 17.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.58%.
