IRSPX Fees and Costs — Voya Target Retirement 2045 Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 0.37%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $19K in broker commissions, 0.0087% of average net assets, and portfolio turnover was 32%.
IRSPX Fees and Expenses
Annual operating expenses and sales charges of IRSPX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.37% |
| Fee waiver | — |
| Net expense ratio | 0.37% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
IRSPX Costs Over Time
On $10,000 invested in IRSPX, assuming 5% a year before costs, total costs come to $240 over 5 years, cutting the return by 0.40% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.37%) | $39 | $122 | $213 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $40 | $131 | $240 |
| Value after costs | $10,460 | $11,445 | $12,523 |
| Impact on return, per year | 0.40% | 0.40% | 0.40% |
IRSPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0087%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $52.8M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
IRSPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES LLC | $5K | 32.40% |
| JANE STREET EXECUTION SERVICES, LLC | $3K | 18.49% |
| CitiGroup Global Markets Inc. | $2K | 11.28% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $2K | 10.50% |
| J.P. Morgan Securities LLC | $969 | 6.61% |
| RAYMOND JAMES & ASSOCIATES, INC. | $796 | 5.43% |
| EVERCORE GROUP LLC | $672 | 4.58% |
| SG AMERICAS SECURITIES LLC | $608 | 4.14% |
| GOLDMAN SACHS & CO. LLC | $493 | 3.36% |
| BMO CAPITAL MARKETS CORP. | $471 | 3.21% |
IRSPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Bank of New York Mellon | $52.8M | 100.00% |
Voya Target Retirement 2045 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VTRNX | Class R6 | 0.25% | none |
| IRSPX | Class I | 0.37% | none |
| VTRMX | Class A | 0.58% | 5.75% |
| VRRLX | Class R | 0.83% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.