NPORT-EX 2 464722VOYA022924.htm
PORTFOLIO
OF
INVESTMENTS
as
of
February
29,
2024
(unaudited)
1
Voya
Global
Multi-Asset
Fund
Shares
RA
Value
Percentage
of
Net
Assets
EXCHANGE-TRADED
FUNDS
:
9.0%
47,999 
Schwab
U.S.
TIPS
ETF
$
2,485,868
2.0
61,901 
Vanguard
Global
ex-
U.S.
Real
Estate
ETF
2,490,277
2.0
42,407 
Vanguard
Long-Term
Treasury
ETF
2,495,228
2.0
43,837 
Vanguard
Real
Estate
ETF
3,750,256
3.0
11,221,629
9.0
Total
Exchange-Traded
Funds
(Cost
$11,971,697)
11,221,629
9.0
MUTUAL
FUNDS
:
89.2%
Affiliated
Investment
Companies
:
66.1%
1,203,059 
Voya
Global
Bond
Fund
-
Class
R6
8,698,118
7.0
911,223 
Voya
High
Yield
Bond
Fund
-
Class
R6
6,232,767
5.0
1,588,427 
Voya
Intermediate
Bond
Fund
-
Class
R6
13,708,129
11.1
283,697 
Voya
Large
Cap
Value
Fund
-
Class
R6
3,733,450
3.0
116,813 
Voya
MidCap
Opportunities
Fund
-
Class
R6
3,100,211
2.5
255,005 
Voya
Multi-Manager
Emerging
Markets
Equity
Fund
-
Class
I
2,488,853
2.0
1,602,873 
Voya
Multi-Manager
International
Equity
Fund
-
Class
I
16,140,931
13.0
1,073,269 
Voya
Multi-Manager
International
Factors
Fund
-
Class
I
9,938,467
8.0
315,628 
Voya
Multi-Manager
Mid
Cap
Value
Fund
-
Class
I
3,112,094
2.5
369,695 
Voya
Short
Duration
High
Income
Fund
-
Class
R6
3,745,014
3.0
805,163 
Voya
Short
Term
Bond
Fund
-
Class
R6
7,463,860
6.0
29,571 
(1)
Voya
Small
Cap
Growth
Fund
-
Class
R6
1,247,286
1.0
169,567 
Voya
Small
Company
Fund
-
Class
R6
2,497,726
2.0
82,106,906
66.1
Unaffiliated
Investment
Companies
:
23.1%
514,368 
TIAA-CREF
S&P
500
Index
Fund
-
Institutional
Class
28,670,854
23.1
Total
Mutual
Funds
(Cost
$97,852,010)
110,777,760
89.2
Principal
Amount
†
RA
.
Value
Percentage
of
Net
Assets
ASSET-BACKED
SECURITIES
:
0.0%
Asset-Backed
Securities
:
0.0%
2,517 
(2)
Chase
Funding
Trust
Series
2003-5
2A2,
6.035%,
(TSFR1M
+
0.714%),
07/25/2033
$
2,447
0.0
Total
Asset-Backed
Securities
(Cost
$2,517)
2,447
0.0
Total
Long-Term
Investments
(Cost
$109,826,224)
122,001,836
98.2
Shares
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
0.6%
Mutual
Funds
:
0.6%
749,699 
(3)
BlackRock
Liquidity
Funds,
FedFund,
Institutional
Class,
5.200%
749,699
0.6
Total
Short-Term
Investments
(Cost
$749,699)
749,699
0.6
Total
Investments
in
Securities
(Cost
$110,575,923)
$
122,751,535
98.8
Assets
in
Excess
of
Other
Liabilities
1,461,794
1.2
Net
Assets
$
124,213,329
100.0
†
Unless
otherwise
indicated,
principal
amount
is
shown
in
USD.
(1)
Non-income
producing
security.
(2)
Variable
rate
security.
Rate
shown
is
the
rate
in
effect
as
of
February
29,
2024.
(3)
Rate
shown
is
the
7-day
yield
as
of
February
29,
2024.
Reference
Rate
Abbreviations:
TSFR1M
1-month
CME
Term
Secured
Overnight
Financing
Rate
PORTFOLIO
OF
INVESTMENTS
as
of
February
29,
2024
(unaudited)
(continued)
2
Voya
Global
Multi-Asset
Fund
Fair
Value
Measurements
The
following
is
a
summary
of
the
fair
valuations
according
to
the
inputs
used
as
of
February
29,
2024
in
valuing
the
assets
and
liabilities:
Quoted
Prices
in
Active
Markets
for
Identical
Investments
(Level
1)
Significant
Other
Observable
Inputs
(Level
2)
Significant
Unobservable
Inputs
(Level
3)
Fair
Value
at
February
29,
2024
Asset
Table
Investments,
at
fair
value
Asset-Backed
Securities
$
—
$
2,447
$
—
$
2,447
Exchange-Traded
Funds
11,221,629
—
—
11,221,629
Mutual
Funds
110,777,760
—
—
110,777,760
Short-Term
Investments
749,699
—
—
749,699
Total
Investments,
at
fair
value
$
122,749,088
$
2,447
$
—
$
122,751,535
Other
Financial
Instruments+
Forward
Foreign
Currency
Contracts
—
252,776
—
252,776
Futures
1,371,850
—
—
1,371,850
Total
Assets
$
124,120,938
$
255,223
$
—
$
124,376,161
Liabilities
Table
Other
Financial
Instruments+
Forward
Foreign
Currency
Contracts
$
—
$
(241,297)
$
—
$
(241,297)
Futures
(561,211)
—
—
(561,211)
Total
Liabilities
$
(561,211)
$
(241,297)
$
—
$
(802,508)
+
Other
Financial
Instruments
may
include
open
forward
foreign
currency
contracts,
futures,
centrally
cleared
swaps,
OTC
swaps
and
written
options.
Forward
foreign
currency
contracts,
futures
and
centrally
cleared
swaps
are
fair
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
OTC
swaps
and
written
options
are
valued
at
the
fair
value
of
the
instrument.
Transactions
with
Affiliates
An
investment
of
at
least
5%
of
the
voting
securities
of
an
issuer,
or
a
company
which
is
under
common
control
with
the
issuer,
results
in
that
issuer
becoming
an
affiliated
person
as
defined
by
the
1940
Act.
The
following
table
provides
transactions
during
the
period
ended
February
29,
2024,
where
the
following
issuers
were
considered
an
affiliate:
Issuer
Beginning
Fair
Value
at
5/31/2023
Purchases
at
Cost
Sales
at
Cost
Change
In
Unrealized
Appreciation/
(Depreciation)
Ending
Fair
Value
at
2/29/2024
Investment
Income
Realized
Gains/
(Losses)
Net
Capital
Gain
Distributions
Voya
Global
Bond
Fund
-
Class
R6
$
5,966,589
$
2,847,534
$
(110,182)
$
(5,823)
$
8,698,118
$
196,444
$
(24,095)
$
—
Voya
High
Yield
Bond
Fund
-
Class
R6
6,053,483
338,836
(355,724)
196,172
6,232,767
314,152
(25,694)
—
Voya
Intermediate
Bond
Fund
-
Class
R6
15,662,552
515,997
(2,780,377)
309,957
13,708,129
515,997
(357,337)
—
Voya
Large
Cap
Value
Fund
-
Class
R6
3,495,567
337,371
(487,741)
388,253
3,733,450
42,531
(39,769)
294,841
Voya
MidCap
Opportunities
Fund
-
Class
R6
3,091,162
108,871
(1,020,911)
921,089
3,100,211
—
(227,585)
22,899
Voya
Multi-Manager
Emerging
Markets
Equity
Fund
-
Class
I
5,990,607
124,541
(4,084,303)
458,008
2,488,853
124,541
70,686
—
Voya
Multi-Manager
International
Equity
Fund
-
Class
I
12,281,058
3,024,470
(179,889)
1,015,292
16,140,931
234,277
(6,074)
—
Voya
Multi-Manager
International
Factors
Fund
-
Class
I
9,400,446
396,161
(635,458)
777,318
9,938,467
396,161
5,255
—
Voya
Multi-Manager
Mid
Cap
Value
Fund
-
Class
I
2,917,781
74,421
(487,181)
607,073
3,112,094
31,612
(88,575)
—
Voya
Short
Duration
High
Income
Fund
-
Class
R6
—
3,705,913
—
39,101
3,745,014
71,919
—
423
Voya
Short
Term
Bond
Fund
-
Class
R6
10,904,152
499,883
(3,990,025)
49,850
7,463,860
322,998
(37,085)
—
Voya
Small
Cap
Growth
Fund
-
Class
R6
1,202,173
—
(194,023)
239,136
1,247,286
—
23,796
—
PORTFOLIO
OF
INVESTMENTS
as
of
February
29,
2024
(unaudited)
(continued)
3
Voya
Global
Multi-Asset
Fund
Issuer
Beginning
Fair
Value
at
5/31/2023
Purchases
at
Cost
Sales
at
Cost
Change
In
Unrealized
Appreciation/
(Depreciation)
Ending
Fair
Value
at
2/29/2024
Investment
Income
Realized
Gains/
(Losses)
Net
Capital
Gain
Distributions
Voya
Small
Company
Fund
-
Class
R6
$
2,376,323
$
93,875
$
(318,574)
$
346,102
$
2,497,726
$
11,187
$
11,871
$
—
$
79,341,893
$
12,067,873
$
(14,644,388)
$
5,341,528
$
82,106,906
$
2,261,819
$
(694,606)
$
318,163
The
financial
statements
for
the
above
mutual
fund[s]
can
be
found
at
www.sec.gov.
At
February
29,
2024,
the
following
forward
foreign
currency
contracts
were
outstanding
for
Voya
Global
Multi-Asset
Fund:
Currency
Purchased
Currency
Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
SEK
38,000,000
USD
3,659,049
BNP
Paribas
03/05/24
$
6,800
USD
1,227,172
NZD
2,000,000
Citibank
N.A.
03/05/24
9,471
SGD
2,300,000
USD
1,722,798
Morgan
Stanley
Capital
Services
LLC
03/05/24
(13,381)
JPY
1,179,400,000
USD
8,096,058
Morgan
Stanley
Capital
Services
LLC
03/05/24
(227,916)
USD
5,860,800
GBP
4,600,000
The
Bank
of
New
York
Mellon
03/05/24
54,151
USD
5,025,801
CHF
4,300,000
UBS
AG
03/05/24
162,931
USD
1,345,752
CAD
1,800,000
UBS
AG
03/05/24
19,423
$
11,479
At
February
29,
2024,
the
following
futures
contracts
were
outstanding
for
Voya
Global
Multi-Asset
Fund:
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Unrealized
Appreciation/
(Depreciation)
Long
Contracts:
S&P
500
E-Mini
49
03/15/24
$
12,504,188
$
843,050
Tokyo
Price
Index
(TOPIX)
23
03/07/24
4,113,060
522,940
$
16,617,248
$
1,365,990
Short
Contracts:
EURO
STOXX
50
Index
(133)
03/15/24
(7,034,953)
(431,345)
MSCI
Emerging
Markets
Index
(100)
03/15/24
(5,084,000)
(129,866)
U.S.
Treasury
5-Year
Note
(40)
06/28/24
(4,276,250)
5,860
$
(16,395,203)
$
(555,351)
Currency
Abbreviations:
CAD
—
Canadian
Dollar
CHF
—
Swiss
Franc
GBP
—
British
Pound
JPY
—
Japanese
Yen
NZD
—
New
Zealand
Dollar
SEK
—
Swedish
Krona
SGD
—
Singapore
Dollar
USD
—
United
States
Dollar
Net
unrealized
appreciation
consisted
of:
Gross
Unrealized
Appreciation
$
15,970,887
Gross
Unrealized
Depreciation
(3,795,275)
Net
Unrealized
Appreciation
$
12,175,612