Voya Retirement Moderate Portfolio ADV (Voya Retirement Moderate Portfo) fond

The fund invests in a combination of other funds according to a model that is intended to reflect an allocation of approximately 38% of its assets in equity securities and 62% of its assets in debt securities. The actual amount of fund assets invested in equity securities may vary at any time and may range from 35% to 65% of its assets in equity securities and from 35% to 65% of its assets in debt securities.