---
schema_version: "secwatch.filing_event.v1"
accession: "0001535929-25-000025"
form_type: "8-K"
ticker: "VOYA"
cik: "0001535929"
company_name: "Voya Financial, Inc."
filed_at: "2025-04-09T23:59:59+00:00"
generated_at: "2026-05-23T18:17:03.334387+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Voya prelim Q1 alt investment income $24M-$34M pre-tax, $15M-$25M below expectations

## Summary
- Alternative investment income estimated at $24M-$34M pre-tax for Q1 2025, $15M-$25M below long-term expectations.
- Long-term annual return expectation for alternative investments is 9%; current shortfall reflects weaker returns.
- Shortfall impacts general account and Investment Management segment returns before variable/incentive comp.
- Full Q1 earnings scheduled for release on May 6, 2025; these figures are preliminary and unaudited.

## SEC filing metadata
- accession: 0001535929-25-000025
- form_type: 8-K
- ticker: VOYA
- cik: 0001535929
- company_name: Voya Financial, Inc.
- filed_at: 2025-04-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1535929/000153592925000025/0001535929-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1535929/000153592925000025/voya-20250409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001535929-25-000025
- JSON: https://secwatch.observer/filing/0001535929-25-000025.json
- Plain text: https://secwatch.observer/filing/0001535929-25-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.