Investment Management

Voya Government Money Market Fund - Class A

An investment in a Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the funds seek to preserve your investment at $1.00 per share, it is possible to lose money by investing in the funds.

Fund Description

Overview

  • The Fund invests in high-quality, U.S. dollar-denominated short-term duration debt securities
  • Portfolio investments of the Fund are valued based on the amortized cost valuation method

Investment Objective

The Fund seeks to provide investors with a high level of current income consistent with preservation of capital and liquidity and the maintenance of a stable $1.00 net asset value per share.

Daily Prices as of 03/28/2017

Net Asset Value (NAV) $1.00
% Change 0.00
$ Change 0.00
Public Offering Price (POP) $1.00
YTD Return +0.01%

Lookup Historical Prices

Fund Facts

Ticker Symbol AEMXX
CUSIP 92913R533
Inception Date Apr 15, 1994
Dividends Paid Monthly
Min. Initial Investment $1,000.00

Daily Money Market Disclosures

Management Team

David Yealy

Team Leader

Managed Fund since 2004

 

More Info

Average Annual Total Returns %

  As of Feb 28, 2017 As of Dec 31, 2016 Expense Ratios
  YTD 1 YR 3 YR 5 YR 10 YR Gross Net 1
Net Asset Value +0.01 +0.08 +0.04 +0.03 +0.66 0.71% 0.69%
With Sales Charge +0.01 +0.08 +0.04 +0.03 +0.66
iMoney Net Government Institutional Index +0.04 +1.32 +0.45 +0.27 +0.70
iMoney Net First Tier Retail Index +0.06 +1.19 +0.40 +0.25 +0.73
Net Asset Value +0.08 +0.08 +0.04 +0.03 +0.73 0.71% 0.69%
With Sales Charge +0.08 +0.08 +0.04 +0.03 +0.73
iMoney Net Government Institutional Index +1.29 +1.29 +0.44 +0.27 +0.78
iMoney Net First Tier Retail Index +1.13 +1.13 +0.38 +0.23 +0.80

Inception Date - Class A: 04/15/94

View Detailed Performance

1The Adviser has contractually agreed to waive a portion of the management fee through August 1, 2017.

The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above “Average Annual Total Returns %” for performance information current to the most recent month-end. Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.

Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.

Principal Risks

The Fund is subject to the risks associated with investing in debt securities. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although the Fund seeks to preserve the value of the investment at $1.00 per share, it is possible to lose money by investing in the Fund. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. Money market funds, like the Fund, are subject to less credit and interest rate risk than other income funds because they invest in short-term debt securities of the highest quality. Nevertheless, the value of the Fund’s investments may fall when interest rates rise and the Fund could lose money if the issuer of a debt security is unable to meet its financial obligations or goes bankrupt. Investments in mortgage-related securities may entail prepayment risk. Risks of concentrating in investments in the financial services sector include, but are not limited to the following: credit risk, interest rate risks, and regulatory risk (the impact of state or federal legislation and regulations). In addition, to the extent that the Fund further concentrates in the banking industry, the risks described above may be greater. International investing risks may include unfavorable political and economic developments, possible withholding taxes, seizure of foreign deposits, currency controls or other governmental restrictions that might affect payment of principal or interest. In addition, foreign banks are not regulated by U.S. banking authorities and are generally not bound by financial reporting standards comparable to U.S. banks. Repurchase agreements involve the purchase by the Fund of a security that the seller has agreed to buy back. If the seller defaults and the collateral value declines, the Fund might incur a loss. If the seller declares bankruptcy, the Fund may not be able to sell the collateral at the desired time. Prices of mortgage-related securities are sensitive to changes in interest rates and changes in the prepayment patterns on the underlying instruments. Some securities are guaranteed by the U.S. Government as to timely payments of interest and principal, the shares themselves are not insured or guaranteed. These and other risks are described more fully in the Fund’s prospectus.
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