Voya Global Advantage and Premium Opportunity Fund Issues Correction to Press Release Dated March 28, 2019

On March 28, 2019, a press release was issued for Voya Global Advantage and Premium Opportunity Fund (the Fund) (NYSE: IGA) announcing changes to the Funds sub-advisory relationship, investment strategies, and portfolio managers effective on or about May 6, 2019. The press release erroneously listed the Funds objective of seeking total return through a combination of current income, capital gains, and capital appreciation. The Funds correct primary investment objective is providing a high level of income with capital appreciation as a secondary investment objective.

About Voya Investment Management

A leading, active asset management firm, Voya Investment Management manages, as of December 31, 2018, more than $203 billion for affiliated and external institutions as well as individual investors. With 40 years of history in asset management, Voya Investment Management has the experience and resources to provide clients with investment solutions with an emphasis on equities, fixed income, and multi-asset strategies and solutions. Voya Investment Management was named by Pensions & Investments Magazine as a 2017 Best Place to Work in Money Management. For more information, visit voyainvestments.com. Follow Voya Investment Management on Twitter @VoyaInvestments.

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Kris Kagel, (212) 309-6568