Voya Target In-Retirement I ISOLX

The fund invests primarily in a combination of underlying funds, which are actively managed funds or passively managed funds. The underlying funds invest in U.S. stocks, international stocks, U.S. bonds, and other debt instruments and the fund uses an asset allocation strategy designed for investors expecting to retire soon or are already retired. The fund's current approximate target investment allocation among the underlying funds is: 35% in equity securities and 65% in debt instruments.