Overview
Description
The Voya Government Money Market Fund - R6 is a government money market mutual fund designed to offer investors liquidity, preservation of capital, and a competitive current yield. Its primary function is to maintain a stable share price, typically targeting a net asset value of $1.00 per share, while providing daily access to funds. The fund invests at least 99.5% of its assets in high-quality, short-term U.S. government securities, cash, and repurchase agreements that are fully collateralized by government securities. This focus on government-backed instruments helps limit credit risk and supports liquidity, making the fund an attractive option for investors seeking a conservative vehicle for cash management or a temporary parking place for assets. Although it seeks to preserve principal, the fund is not insured or guaranteed by the government or its sponsor. The Voya Government Money Market Fund - R6 plays a vital role in financial markets by facilitating liquidity management for individual and institutional investors, including those participating in employer-sponsored retirement plans.
About
Address
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Phone
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Website
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Instrument type
Mutual fund
Country
United States
MIC code
XNAS