Voya Large-Cap Growth Fund Class R (VGORX)

Overview

Voya Financial, Inc. is a prominent provider of workplace benefits and savings products in the United States and across the globe. Operating through three main segments: Wealth Solutions, Health Solutions, and Investment Management, the company focuses on delivering a comprehensive range of services aimed at promoting financial well-being and retirement security. Initially known as ING U.S., Inc., it rebranded to Voya Financial, Inc. in April 2014. Founded in 1975 and headquartered in New York, New York, Voya Financial has established itself as a key player in financial services, catering to corporate, institutional, and individual clients with a diverse portfolio of products and solutions.

Products and Services

• Wealth Solutions:

  Within this segment, Voya Financial provides full-service retirement products, recordkeeping services, stable value, and fixed general account investment products. Non-qualified plan administration services, alongside tools, guidance, and wealth management services including individual retirement, managed, and brokerage accounts, are also offered. This segment primarily serves various institutions including corporate, public and private school systems, higher education institutions, hospitals, healthcare facilities, non-profit organizations, and state and local governments, as well as institutional and individual clients. Financial guidance and advisory services are key components, designed to enhance the financial well-being and retirement security of employees.

• Health Solutions:

  This segment caters to both mid-size and large corporate employers and professional associations, offering insurance products such as stop loss, group life, group disability, whole life, critical illness, accident, and hospital indemnity insurance. It also delivers worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services, focusing on providing comprehensive health benefits and services to improve employees' health and financial security.

• Investment Management:

  Voya Financial’s Investment Management segment is dedicated to providing fixed income, equity, multi-asset, and alternative products and solutions to a broad client base. This includes individual investors and institutional clients such as banks, broker-dealers, and independent financial advisers. Through a direct sales force, consultant channel, and other distribution methods, this segment aims to meet the diverse investment needs of its clients, offering a varied portfolio that includes direct investment and advisory services.