About VTRSX
Voya Target Retirement 2060 Fund Class A is a target-date mutual fund structured to help investors prepare for retirement around the year 2060. The fund aims to provide a diversified, professionally managed investment solution that automatically adapts its asset allocation as the target retirement year approaches. In its early years, it emphasizes maximizing asset growth by maintaining a substantial allocation to equities, seeking to build wealth during the accumulation phase of an investor’s career. As the target date nears, the fund gradually shifts toward more conservative assets, such as bonds and other fixed income instruments, with the objective of preserving capital and reducing risk for impending retirees. This adaptive approach is known as a ‘glide path.’
The fund utilizes a multi-manager strategy, blending both active and passive investment styles across domestic and international equities, as well as fixed income markets. Managed by Voya Investments and supported by a seasoned portfolio management team, the fund is designed as an all-in-one solution for retirement planning, appealing primarily to individuals seeking a hands-off, life-cycle investment for their long-term retirement savings. Its role in the financial market is to provide a turn-key, age-appropriate investment portfolio that evolves with the investor’s changing risk profile, supporting a disciplined approach to retirement investing.
Fund Family Voya
Category Target-Date 2060+
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol VTRSX
Share Class Class A
Index S&P Target Date 2060 TR USD
VTRSX had a total return of 16.49% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.19%.
