0000895430 2020-02-28 2020-02-28 0000895430 vmf:S000012534Member 2020-02-28 2020-02-28 2020-02-28 497 2019-10-31 Voya MUTUAL FUNDS 0000895430 false 2020-08-20 2020-08-20 <center>VOYA MUTUAL FUNDS Voya Global Bond Fund (the "Fund") Supplement dated August 20, 2020 to the Fund's Class A, Class C, Class I, Class P, Class R, Class R6, Class T and Class W shares Prospectus dated February 28, 2020 (the "Prospectus")</center> On May 14, 2020, the Board of Trustees of Voya Mutual Funds approved modification to the contingent deferred sales charge ("CDSC") schedule for the Fund's Class A shares, increasing the Class A CDSC holding period from 6 months to 12 months effective July 31, 2020. Effective immediately, the Fund's Prospectus is revised as follows: 1.   Footnote 1 following the table in the sub-section entitled "Fees and Expenses of the Fund Annual Fund Operating Expenses" of the Fund's Prospectus is deleted in its entirety and replaced with the following: 1.      A contingent deferred sales charge applies to shares purchased without an initial sales charge, as part of an investment of $500,000 or more, and redeemed within 12 months of purchase. <center>VOYA MUTUAL FUNDS Voya Global Bond Fund (the "Fund") Supplement dated August 20, 2020 to the Fund's Class A, Class C, Class I, Class P, Class R, Class R6, Class T and Class W shares Prospectus dated February 28, 2020 (the "Prospectus")</center> On May 14, 2020, the Board of Trustees of Voya Mutual Funds approved modification to the contingent deferred sales charge ("CDSC") schedule for the Fund's Class A shares, increasing the Class A CDSC holding period from 6 months to 12 months effective July 31, 2020. Effective immediately, the Fund's Prospectus is revised as follows: 1.   Footnote 1 following the table in the sub-section entitled "Fees and Expenses of the Fund Annual Fund Operating Expenses" of the Fund's Prospectus is deleted in its entirety and replaced with the following: 1.      A contingent deferred sales charge applies to shares purchased without an initial sales charge, as part of an investment of $500,000 or more, and redeemed within 12 months of purchase. N-1A