Voya Index Solution 2040 Port Z (VSZEX)

Fund Assets	1.21B
Expense Ratio	0.161%
Min. Investment	$0.00
Turnover	25.00%
Dividend (ttm)	0.56
Dividend Yield	2.38%
Dividend Growth	21.25%
Payout Frequency	Annual
Ex-Dividend Date	Aug 4, 2026

Previous Close	23.35
YTD Return	10.41%
1-Year Return	13.54%
5-Year Return	51.06%
52-Week Low	21.51
52-Week High	24.88
Beta (5Y)	n/a
Holdings	11
Inception Date	n/a

About VSZEX

Voya Index Solution 2040 Portfolio Class Z is a target-date mutual fund structured to support investors aiming to retire around the years 2038 to 2042. As a member of Voya's suite of index-based target-date portfolios, its primary function is to deliver total return through a diversified, passively managed investment approach. The portfolio invests at least 80% of its assets in a mix of underlying index funds, which provide broad exposure to U.S. and international equities, U.S. bonds, and other fixed-income securities. Over time, the fund systematically adjusts its asset allocation—gradually reducing equity exposure and increasing holdings in fixed income and cash instruments as the target retirement year approaches, aiming to manage risk while seeking growth during earlier periods and stability nearer retirement. The portfolio is primarily intended for long-term, tax-advantaged accounts, using an asset allocation path designed around the typical risk tolerance and income needs of investors transitioning toward retirement. This fund plays a significant role in retirement planning, offering a streamlined solution that evolves automatically to maintain an appropriate risk profile throughout an investor’s career and into retirement.

• Fund Family: Voya
• Category: Target-Date 2040
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: VSZEX
• Share Class: Class Z
• Index: S&P Target Date 2040 TR

Performance

VSZEX had a total return of 13.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.71%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
IDXLX	Class I	0.24%
IDXMX	Class S	0.49%
IDXNX	Class S2	0.64%
IDXKX	Class Adv	0.74%

Top 10 Holdings

99.89% of assets

Name	Symbol	Weight
Voya Investors Trust - Voya VACS Index Series S Portfolio	VVIPX	45.31%
Voya VARIABLE PORTFOLIOS INC - Voya VACS Index Series I Portfolio	VVIIX	23.40%
WisdomTree Voya Yield Enhanced USD Universal Bond Fund ETF	UNIY	10.99%
VOYA VACS Index Series EM Portfolio	VVIEX	6.51%
Voya VARIABLE PORTFOLIOS INC - Voya VACS Index Series MC Portfolio	VVIMX	4.12%
Vanguard Long-Term Treasury ETF	VGLT	3.02%
Voya US Bond Index Port I	ILBAX	2.48%
Voya VARIABLE PORTFOLIOS INC - Voya VACS Index Series SC Portfolio	VVICX	2.06%
Xtrackers USD High Yield Corporate Bond ETF	HYLB	1.99%
CHICAGO MERCANTILE EXCHANGE - Three-Month SOFR Futures, Sep-2026,ETH	SR3.U26-CME	0.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 4, 2026	$1.3833	Aug 4, 2026
Aug 4, 2025	$0.4608	Aug 4, 2025
Aug 2, 2024	$0.1269	Aug 5, 2024
Aug 3, 2023	$1.4174	Aug 4, 2023
Aug 3, 2022	$2.0862	Aug 4, 2022
Aug 3, 2021	$0.9924	Aug 4, 2021

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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