VTRCX Fees and Costs — Voya Target Retirement 2025 Fund, Class A
Data updated: 2025-08-11
The net expense ratio is 0.63%. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $26K in broker commissions, 0.0202% of average net assets, and portfolio turnover was 59%.
VTRCX Fees and Expenses
Annual operating expenses and sales charges of VTRCX. Prospectus, as of September 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.63% |
| Fee waiver | — |
| Net expense ratio | 0.63% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
VTRCX Costs Over Time
On $10,000 invested in VTRCX, assuming 5% a year before costs, total costs come to $1,120 over 5 years, cutting the return by 1.91% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.63%) | $62 | $195 | $340 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $29 | $101 | $194 |
| Total costs | $668 | $877 | $1,120 |
| Value after costs | $9,832 | $10,699 | $11,643 |
| Impact on return, per year | 6.68% | 2.72% | 1.91% |
VTRCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0202%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $11.6M
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
VTRCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $5K | 22.35% |
| CITADEL SECURITIES LLC | $3K | 16.99% |
| VIRTU AMERICAS LLC | $3K | 14.11% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $2K | 12.01% |
| J.P. MORGAN SECURITIES LLC | $2K | 7.75% |
| UBS Securities LLC | $1K | 6.77% |
| Truist Securities, Inc. | $1K | 6.73% |
| BOFA SECURITIES, INC. | $998 | 4.94% |
| Raymond James & Associates, Inc. | $918 | 4.54% |
| SG AMERICAS SECURITIES LLC | $770 | 3.81% |
VTRCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Bank of New York Mellon | $10.9M | 93.76% |
| BNY MELLON CAPITAL MARKETS, LLC | $587K | 5.05% |
| RAYMOND JAMES & ASSOCIATES, INC. | $103K | 0.88% |
| J.P. Morgan Securities LLC | $35K | 0.30% |
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.