Voya Solution 2040 Portfolio | Voya Investment Management

Voya Solution 2040 Portfolio - Class I

Class ADV: ISNKX
Class I: ISNLX
Class S: ISNMX
Class S2: ISNNX
Class T: ISNOX
For more information call 1 (800) 334-3444
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Voya Solution 2040 Portfolio
Until the day prior to its Target Date, the Portfolio will seek to provide total return consistent with an asset allocation targeted at retirement in approximately 2040.

Daily Prices

as of July 23, 2024

Net Asset Value (NAV)$16.03
% Change-0.12
$ Change-0.02
YTD Return10.55%

Product Facts

Ticker SymbolISNLX
CUSIP92914J571
Inception DateOctober 3, 2011
Dividends PaidAnnually

About this Product

The Voya Solution Portfolios are a suite of ten target date fund of funds that are designed to meet the needs of retirement plan investors who prefer a single diversified investment option. These Portfolios satisfy the criteria for qualified default investment alternatives (QDIAs) described in the final regulations implementing the default investment provisions of the Pension Protection Act of 2006.

The Voya Solution 2040 Portfolio is designed for people who plan to begin living their retirement goals in the years 2038 to 2042. Currently, it is designed to begin reducing investment risk and exposure to stock as contributions grow.

Investment Objective

Until the day prior to its Target Date, the Portfolio will seek to provide total return consistent with an asset allocation targeted at retirement in approximately 2040. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.

Performance

Average Annual Total Returns %

As of June 30, 2024

As of June 30, 2024

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRExpense Ratios
GrossNet
Net Asset Value+8.48+15.66+3.10+8.87+7.650.93%0.73%
With Sales Charge+8.48+15.66+3.10+8.87+7.65
Net Asset Value+8.48+15.66+3.10+8.87+7.650.93%0.73%
With Sales Charge+8.48+15.66+3.10+8.87+7.65
S&P Target Date 2040 Index+7.90+15.05+4.17+8.93+7.69
S&P Target Date 2040 Index+7.90+15.05+4.17+8.93+7.69

Inception Date - Class I:October 3, 2011

Current Maximum Sales Charge: 0.00%

The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above "Average Annual Total Returns %" for performance information current to the most recent month-end.

Returns-Based Characteristics

As of June 30, 2024

3 Year5 Year10 Year
Alpha
Alpha:

A measure of risk-adjusted performance; alpha reflects the difference between a portfolio's actual return and the return that could be expected give its risk as measured by beta.

-1.01-0.35-0.32
Beta
Beta:

The sensitivity of a portfolio's returns to changes in the return of the market as measured by the index or benchmark that represents the market. A portfolio with a beta of 1.0 behaves exactly like the index. A beta less than 1.0 suggests lower risk than the index, while a beta greater than 1.0 indicates a risk level higher than the index.

1.051.061.06
Information Ratio
Information Ratio:

The ratio of portfolio returns in excess of a market index to the variability of those excess returns; in effect, information ratio describes the value added by active management in relation to the risk taken to achieve those returns.

-0.77-0.03-0.03
R2
R2:

The proportion of the variation in a portfolio's returns that can be explained by the variability of the returns of an index. High R-squared (close to 1.0) is usually consistent with broad diversification.

0.990.990.99
Sharpe Ratio
Sharpe Ratio:

A risk-adjusted measure calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance.

-0.020.400.44
Standard Deviation
Standard Deviation:

A measure of the degree to which an individual probability value varies from the distribution mean. The higher the number, the greater the risk.

15.6316.2913.58

Growth of a $10,000 Investment

For the period 07/31/2014 through 06/30/2024

Ending Value: $20,908.00

The performance quoted in the "Growth of a $10,000 Investment" chart represents past performance. Performance shown is without sales charges; had sales charges been deducted, performance would have been less. Ending value includes reinvestment of distributions.

Portfolio

Portfolio Statistics

As of June 30, 2024

Net Assets millions
Net Assets:

The per-share dollar amount of the fund, calculated by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding.

$45.1
Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

18
Total

Top Holdings

% of Total Investments as of June 28, 2024

Voya US Stock Index Port I28.02
Voya Multi-Manager International Equity I13.96
VY T. Rowe Price Capital Apprec R67.53
VY T. Rowe Price Capital Apprec R67.53
Vanguard FTSE Developed Markets ETF7.48
Voya Intermediate Bond R66.97
Voya Multi-Manager Emerging Markets Equity I4.03
Voya Russell Large Cap Growth Index I4.01
Voya Large Cap Value Port R64.00
VY T. Rowe Price Divers Mid Cap Growth R63.50
Total#,###.2

Portfolio Composition

as of June 30, 2024

Long Govt Bonds1.95
Emerging Markets4.03
High Yield2.00
US Mid Cap Blend7.00
US Small Cap4.07
US Large Value7.01
US Large Growth7.02
Core Fixed Income17.47
International21.44
US Large Blend35.55
Total#,###.2

Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.

Distributions

Payment Frequency: Annually

Ex-Date
Ex-Date:

Date on which a stock begins trading without the benefit of the dividend. Typically, a stock’s price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date.

Payable Date
Payable Date:

Date on which a declared stock dividend or a bond interest payment is scheduled to be paid.

Record Date
Record Date:

Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend.

Amount
Income Dividend08/03/202308/04/202308/02/2023$0.516900
Long-Term Capital Gain08/03/202308/04/202308/02/2023$0.357200
Totals: $0.874100

Investment Team

Disclosures

Principal Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. You could lose money on your investment and any of the following risks, among others, could affect investment performance. The following principal risks are presented in alphabetical order which does not imply order of importance or likelihood: Affiliated Underlying Funds; Asset Allocation; Cash/ Cash Equivalents; China Investing Risks – Investing through Stock Connect; Commodities; Company; Credit; Credit Default Swaps; Currency; Deflation; Derivative Instruments; Environmental, Social, and Governance (Funds-of-Funds); Floating Rate Loans; Foreign (Non-U.S.) Investments/ Developing and Emerging Markets; Growth Investing; High-Yield Securities; Index Strategy (Funds-of-Funds); Inflation-Indexed Bonds; Interest Rate; Liquidity; Market; Market Capitalization; Market Disruption and Geopolitical; Natural Resources/ Commodity Securities; Prepayment and Extension; Real Estate Companies and Real Estate Investment Trusts; Underlying Funds; Value Investing. Please keep in mind, using asset allocation as part of your investment strategy neither assures nor guarantees better performance and cannot protect against loss in declining markets. The share price of the Portfolios normally changes daily based on changes in the value of the securities that the Portfolios hold. Investors should consult the Portfolio’s Prospectus and Statement of Additional Information for a more detailed discussion of the Portfolio’s risks.

An investment in the Portfolio is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency.

The Solution Portfolios may only be offered to variable annuity and variable life insurance separate accounts, ("Variable Contracts"), qualified pension and retirement plans which includes plans qualified under Sections 401 of the Internal Revenue Code ("IRC") as well as 403(b) annuity plans, 403(b)(7) custodial accounts, 408(a) individual retirement accounts, eligible governmental and deferred compensation plans under Sections 414(d) or 457(b) or plans described in 501(c)18 of the IRC, certain investment advisers and their affiliates in connection with the creation or management of the Solution Portfolios and certain other management investment companies.

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