IVMXX Fees and Costs — Voya Government Money Market Portfolio, Class I
Data updated: 2026-04-27
The net expense ratio is 0.40%: a 0.35% management fee plus 0.18% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees.
IVMXX Fees and Expenses
Annual operating expenses and sales charges of IVMXX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.53% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
IVMXX Costs Over Time
On $10,000 invested in IVMXX, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.40%) | $42 | $132 | $230 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
IVMXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $123.3B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
IVMXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $59.1B | 51.42% |
| DEUTSCHE BANK SECURITIES, INC. | $34.7B | 30.22% |
| CITADEL SECURITIES LLC | $5.7B | 4.99% |
| BMO CAPITAL MARKETS CORP. | $3.5B | 3.05% |
| RBC CAPITAL MARKETS, LLC | $2.7B | 2.38% |
| BARCLAYS CAPITAL, INC. | $2.1B | 1.84% |
| Daiwa Capital Markets America, Inc. | $2.0B | 1.73% |
| UBS SECURITIES LLC | $1.9B | 1.63% |
| MORGAN STANLEY & CO. LLC | $1.7B | 1.49% |
| CitiGroup Global Markets Inc. | $1.4B | 1.24% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.