Investment Management

Class A: LEXNX

Class C: LEGNX

Class I: LEINX

Class W: IGMWX

Pursuing Income with U.S. Government Backing

Voya GNMA Income Fund

One of the oldest funds to invest in GNMAs, historically the highest yielding security backed by the U.S. government.

Morningstar Overall Rating
Class I as of 12/31/17
Out of 230 Funds
Category: Intermediate Government

For more information call 1 (800) 334-3444

The Voya GNMA Income Fund Offers

High quality mortgage securities
30 year legacy of GNMA investing
Historically consistent long-term performance

Voya GNMA Income Fund Calendar Year Returns 30 years ending 12/31/16

Potential Value Added Through Dividend Reinvestment

Source: Morningstar Inc. Class A annual returns are for the year ended December 31 of each year. Returns do not reflect sales charges and would be lower if they did.

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.

The Voya Difference

High quality mortgage securities

GNMA Securities are U.S. government backed like U.S. Treasuries, but they historically have paid higher yields.

30 year legacy of GNMA Investing

The Fund, from over 30 years of experience in GNMA investing, has developed a nimble process that seeks to stay ahead of prepayment risk trends.

Historically consistent longterm performance

Typically invests 85-90% of assets in GNMA securities, with a disciplined process to navigate different market cycles and minimize prepayment risk.

Lipper Award

Best GNMA fund over 5 years

Meet the Manager

Jeff Dutra

Jeff Dutra, CFA

Portfolio Manager, Managed Fund since 2009

Justin McWhorter

Justin McWhorter, CFA, CPA

Portfolio Manager, Managed Fund since 2009

Peter Guan

Peter Guan, Ph.D.

Portfolio Manager, Managed Fund since 2009


Investment Risks: All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. As Interest Rates rise, bond prices fall, reducing the value of the Fund’s share price. To the extent that the Fund invests in asset-backed, Mortgage-Backed or Mortgage-Related Securities, its exposure to prepayment and extension risks may be greater than investments in other fixed-income securities. While the Fund invests in securities guaranteed by the U.S. Government as to timely payments of interest and principal, the Fund shares are Not Insured or Guaranteed. Other risks of the Fund include but are not limited to: Credit Risks; Extension Risks; Other Investment Companies Risks; Prepayment Risks; U.S. Government Securities and Obligations Risks; and Securities Lending Risks. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.

The Overall Morningstar risk-adjusted return rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Morningstar Ratings are for the A and I share classes only; other classes may have different performance characteristics.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.)

§ The Lipper Fund Awards program honors funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. Classification averages are calculated with all eligible share classes for each eligible classification. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or ten years. For a detailed explanation please review the Lipper Leaders methodology document at From Thomson Reuters Lipper Awards, © 2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.

*Ratings and other statistics for load-waived Class A shares of the mutual fund reflect the investor experience for those investors who do not pay the funds’ front-end sales load. Load waived shares are typically only available through advisory accounts and may not be available to all investors. Rankings for other share classes may be lower due to inclusion of fees in performance rankings. For additional share class information, please visit

Investors should consider the investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. For a free copy of the Fund’s prospectus, which contains this and other information, visit us at or call Voya Investments Distributor LLC at (800) 992-0180. Please read the prospectus carefully before investing.