ING Closed-End Funds Announce Name Change

SCOTTSDALE, Ariz., April 1, 2014 /PRNewswire/ --

ING Investments, LLC ("ING Investments") announced that its closed-end funds will change their names effective May 1, 2014. The changes, which have been previously approved by each fund's board of trustees, are described in the following table:

The name and CUSIP changes set forth above will be made in conjunction with a change in the name of ING Investments to Voya Investment, LLC, also effective on May 1, 2014. The funds will continue to trade on the NYSE under their current tickers.

SHAREHOLDER INQUIRIES: ING Funds Shareholder Services at (800) 992-0180; www.ingfunds.com

An investor should consider the investment objectives, risks, charges and expenses of a fund carefully before investing. For a free copy of a fund's prospectus, which contains this and other information, visit us at www.inginvestment.com or call ING Investments Distributor, LLC at (800) 992-0180. Please read the prospectus carefully before investing.

About ING U.S. Investment Management

ING U.S. Investment Management (ING U.S. IM), which plans to rebrand as Voya Investment Management in May 2014, is a leading, active asset management firm. As of December 31, 2013, ING U.S. IM manages approximately $200 billion for both affiliated and external institutions as well as for individual investors. Drawing on 40 years of history in investment management, ING U.S. IM has the experience and resources to provide clients with investment solutions with an emphasis on equities, fixed income, and multi-asset and income strategies.  For more information, visit http://inginvestment.com.

About ING U.S.
ING U.S. (NYSE: VOYA), which will rebrand as Voya Financial in 2014, is a premier retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States.  The company's vision is to be America's Retirement Company and its guiding principle is centered on solving the most daunting financial challenge facing Americans today — retirement readiness.  Working directly with clients and through a broad group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists, ING U.S. provides a comprehensive portfolio of asset accumulation, asset protection and asset distribution products and services.  With a dedicated workforce of approximately 7,000 employees, ING U.S. is grounded in a clear mission to make a secure financial future possible — one person, one family, one institution at a time.  For more information, visit http://ing.us.  Follow ING U.S. on Twitter @ING_USA and Facebook.

SOURCE ING U.S. Investment Management