N-Q 1 t1700061_nq.htm FORM N-Q

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number: 811-10223

 

Voya Senior Income Fund

(Exact name of registrant as specified in charter)

 

7337 E. Doubletree Ranch Rd. Suite 100, Scottsdale, AZ 85258

(Address of principal executive offices) (Zip code)

 

The Corporation Trust Company, 1209 Orange Street, Wilmington, DE 19801

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: 1-800-992-0180

 

Date of fiscal year end: February 28

 

Date of reporting period: November 30, 2016

 

 

 

   

 

 

Item 1. Schedule of Investments

 

The schedules of investments as of the close of the reporting period are set forth below for:

 

Voya Senior Income Fund

 

The schedules are not audited.

 

   

 

    

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited)

 

Principal
Amount†
     Borrower/Tranche
Description
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: 133.1%
      Aerospace & Defense: 0.6%
2,930,875     Transdigm, Inc., New Term Loan F, 3.934%, 06/15/23  $2,938,935    0.6 
                 
      Automotive: 4.7%
970,000       BBB Industries US Holdings, Inc., First Lien Term Loan, 6.000%, 11/03/21   970,897    0.2 
1,465,000     Dealer Tire, LLC, Term Loan B, 4.750%, 12/22/21   1,482,397    0.3 
1,842,149     Dynacast International LLC, First Lien Term Loan, 4.500%, 01/15/22   1,850,208    0.4 
1,380,590     Federal-Mogul Corporation, Term Loan C, 4.750%, 04/15/21   1,344,350    0.3 
393,717     Fram Group Holdings Inc., Second Lien Term Loan, 11.000%, 01/29/18   357,134    0.1 
5,560,458     Gates Global LLC, First Lien Secured Term Loan, 4.250%, 07/05/21   5,530,726    1.1 
1,442,750     KAR Auction Services, Inc., Term Loan B-3, 4.434%, 03/09/23   1,461,009    0.3 
1,409,310     Key Safety Systems, Inc., First Lien Term Loan, 5.500%, 08/29/21   1,416,357    0.3 
EUR  1,234,375     Metaldyne Performance Group, Euro Term Loan B, 3.750%, 10/20/21   1,319,291    0.3 
1,781,450     Metaldyne Performance Group, Term Loan B, 3.750%, 10/20/21   1,788,131    0.4 
1,247,400     NN, Inc., Upsized Term Loan B, 5.184%, 10/19/22   1,249,739    0.3 
1,578,051     Service King, Upsized Term Loan B, 4.500%, 08/18/21   1,590,873    0.3 
2,103,750     TI Group Automotive Systems, L.L.C.,Term Loan B, 4.500%, 06/30/22   2,118,213    0.4 
          22,479,325    4.7 
                 
      Beverage & Tobacco: 0.1%
EUR  530,279     Jacobs Douwe Egberts, Term Loan B-1 EUR, 3.184%, 07/02/22   569,424    0.1 
                 
      Building & Development: 2.6%
1,305,000     American Builders & Contractors Supply Co., Inc., Term Loan B, 3.684%, 10/13/23   1,311,974    0.3 
2,508,376     Doosan Infracore Bobcat Holdings Co., Ltd., Term Loan B, 4.500%, 05/28/21   2,519,852    0.5 
2,275,000     Forterra Finance, LLC, First Lien Term Loan, 7.066%, 10/31/23   2,279,739    0.5 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Building & Development: (continued)
775,000     Henry Company LLC, Term Loan B, 5.500%, 10/05/23  $780,328    0.2 
448,467     Minimax Viking GmbH, Facility B1 Loan, 4.000%, 08/16/20   451,830    0.1 
1,539,145     NCI Building Systems, Inc., Term Loan, 4.250%, 06/24/19   1,542,416    0.3 
2,100,000  (1)  Quikrete Holdings, Term Loan B, 4.184%, 11/15/23   2,111,550    0.4 
567,188     Ventia Service (fka Leighton), Upsized Term Loan B, 5.000%, 05/21/22   573,568    0.1 
1,022,438     Zekelman Industries, Inc. (fka JMC Steel), Term Loan B, 6.000%, 06/14/21   1,027,550    0.2 
          12,598,807    2.6 
                 
      Business Equipment & Services: 9.8%
2,900,538     Acosta, Inc., New Term Loan B, 4.250%, 09/26/21   2,760,346    0.6 
2,693,775     Advantage Sales & Marketing, Inc., First Lien Term Loan, 4.250%, 07/23/21   2,675,255    0.6 
2,079,000     AlixPartners LLP, Term Loan B, 4.000%, 07/28/22   2,088,528    0.4 
1,221,292     Allflex Holdings III, Inc., First Lien Term Loan, 4.250%, 07/17/20   1,222,819    0.2 
1,036,875     Boyd Corporation, First Lien Term Loan, 5.250%, 04/15/22   1,004,473    0.2 
1,929,375     Coinmach Service Corp., Feb 2014 Upsized Term Loan, 4.250%, 11/14/19   1,913,398    0.4 
1,000,000     Document Technologies, Inc., Term Loan B, 6.250%, 10/01/23   989,375    0.2 
758,770     First American Payment Systems, First Lien Term Loan, 5.750%, 10/12/18   755,608    0.2 
1,398,224     First American Payment Systems, Second Lien, 10.750%, 04/12/19   1,356,277    0.3 
1,809,236     First Data Corporation, Term Loan 2021 USD, 3.934%, 03/24/21   1,818,658    0.4 
1,562,697     First Data Corporation, Term Loan July 2022 Add-On, 4.684%, 07/08/22   1,571,379    0.3 
EUR  988,298     Foncia Groupe SAS, Term Loan B, 5.184%, 07/28/23   1,060,541    0.2 
EUR  700,000     ION Trading Technologies Limited, Tranche B-1 Euro Term Loans, 4.250%, 07/31/23   749,726    0.2 
3,063,451     iQor, First Lien Term Loan, 6.000%, 04/01/21   2,894,961    0.6 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Business Equipment & Services: (continued)
1,976,440     iQor, Second Lien Term Loan, 9.750%, 04/01/22  $1,591,034    0.3 
1,965,150     KinderCare Education, LLC (fka Knowledge Universe Education, LLC), Incremental First Lien Term Loan, 5.250%, 08/13/22   1,981,526    0.4 
1,889,828     Learning Care Group, Term Loan, 5.000%, 05/05/21   1,913,451    0.4 
2,653,226     Legal Shield, First Lien Term Loan, 6.500%, 07/01/19   2,662,069    0.6 
1,000,000     Legal Shield, Second Lien Term Loan, 10.250%, 07/01/20   997,500    0.2 
2,450,000     Onsite Rental Group Operations Pty Ltd., Senior Secured Term Loan, 5.500%, 07/30/21   1,972,250    0.4 
1,268,625     Solera Management, USD Term Loan B, 5.750%, 03/03/23   1,282,810    0.3 
4,698,156     SourceHOV, First Lien Term Loan, 7.750%, 10/31/19   4,185,028    0.9 
1,155,000     SourceHOV, Second Lien Term Loan, 11.500%, 04/30/20   755,563    0.2 
2,440,623     SurveyMonkey.com, LLC, Term Loan B, 6.250%, 02/07/19   2,465,029    0.5 
550,000       Thomson Reuters Intellectual Property & Science, First Lien Term Loan, 4.750%, 09/15/23   552,406    0.1 
91,979     Wash Multi-Family Services, CAD First Lien Term Loan, 4.250%, 05/26/22   90,830    0.0 
525,207     Wash Multi-Family Services, USD First Lien Term Loan, 4.250%, 05/26/22   518,642    0.1 
2,668,313     West Corp, Term Loan B-12, 3.934%, 06/30/23   2,685,990    0.6 
          46,515,472    9.8 
                 
      Cable & Satellite Television: 4.4%
2,756,750     Liberty Cablevision of Puerto Rico LLC., First Lien Term Facility, 4.500%, 01/07/22   2,720,138    0.6 
250,000     Liberty Cablevision of Puerto Rico LLC., Second Lien Facility, 7.750%, 07/07/23   241,406    0.1 
1,435,067     New Wave Communications, Including Add on Term Loan B, 4.750%, 04/30/20   1,434,170    0.3 
3,982,441     RCN Cable, Term Loan B, 4.250%, 02/25/20   3,989,080    0.8 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Cable & Satellite Television: (continued)
EUR  497,500     Numericable (YPSO France SAS), Term Loan B7 EUR, 4.684%, 04/12/23  $533,584    0.1 
885,550     Numericable (YPSO France SAS), Term Loan B7 USD, 5.184%, 01/08/24   892,634    0.2 
1,970,000     SFR Group SA (Numericable), Term Loan B10 USD, 4.184%, 01/31/25   1,969,795    0.4 
1,350,000  (1)  Telenet Group Holding NV, Term Loan AF, 3.934%, 01/31/25   1,349,156    0.3 
925,000     Telesat Canada, Term Loan B, 4.684%, 11/14/23   928,854    0.2 
1,065,000     UPC Financing Partnership, Term Loan AN, 3.934%, 08/31/24   1,071,257    0.2 
EUR  485,000  (1)  UPC Financing Partnership, Term Loan AO, 3.934%, 01/15/26   515,625    0.1 
483,752     WaveDivision Holdings LLC, New Term Loan B, 4.000%, 10/15/19   485,446    0.1 
4,000,000     Wideopenwest Finance, LLC, 2016 Term Loan B, 4.500%, 08/15/23   4,006,388    0.8 
EUR  750,000     Ziggo N.V., Term Loan C EUR, 4.684%, 08/15/24   799,004    0.2 
          20,936,537    4.4 
                 
      Chemicals & Plastics: 6.2%
EUR  700,000     Allnex S.a.r.l. (Monarch), Term B-1 facility, 5.184%, 09/23/23   755,632    0.2 
513,291     Allnex S.a.r.l. (Monarch), Term B-2 Facility, 5.184%, 09/13/23   518,585    0.1 
386,709     Allnex S.a.r.l. (Monarch), Term B-3 Facility, 5.184%, 09/13/23   390,697    0.1 
151,164     Aruba Investments, Inc (a.k.a Angus Chemical),US Term Loan, 4.500%, 02/02/22   151,005    0.0 
3,568,900     Avantor Performance Materials, First Lien Term Loan, 6.000%, 06/21/22   3,600,128    0.8 
2,022,229     Emerald Performance Materials LLC, First Lien Term Loan, 4.500%, 08/01/21   2,035,711    0.4 
1,000,000     Emerald Performance Materials LLC, Second Lien Term Loan, 7.750%, 08/01/22   1,001,875    0.2 
1,000,000     Flint Group Holdings S.A.R.L., Second Lien, 8.250%, 09/05/22   962,500    0.2 
2,241,376     Flint Group Holdings S.A.R.L., USD Term Loan B2, 4.500%, 09/07/21   2,240,441    0.5 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Chemicals & Plastics: (continued)
370,526     Flint Group Holdings S.A.R.L., USD Term Loan C, 4.500%, 09/07/21  $370,525    0.1 
2,068,484     Ineos US Finance LLC, Incremental USD Term Loan, 4.250%, 03/31/22   2,082,274    0.4 
EUR  1,047,375     Inovyn Finance plc, Term Loan B, 4.500%, 05/05/21   1,128,099    0.2 
3,500,000     Kraton Polymers LLC, Term Loan Facility, 6.000%, 01/06/22   3,525,763    0.7 
1,671,402     MacDermid, Inc. (a.k.a Platform Specialty Products Corp), USD Term Loan B4, 5.000%, 06/07/23   1,685,562    0.4 
EUR  450,000     Novacap, EUR Term Loan B, 5.934%, 06/22/23   482,761    0.1 
1,037,400     Omnova Solutions Inc, Term Loan B, 5.250%, 08/24/23   1,046,477    0.2 
927,468       Orion Engineered Carbons, Term Loan B (USD), 3.934%, 07/25/21   932,975    0.2 
1,573,906     Oxea S.a.r.l., First Lien Term Loan USD, 4.250%, 01/15/20   1,506,359    0.3 
423,938     PQ Corporation, Dollar Term Loan, 5.250%, 11/04/22   427,073    0.1 
987,500     Royal Adhesives & Sealants, First Lien Term Loan, 4.500%, 06/19/22   993,548    0.2 
200,000     Royal Adhesives & Sealants, Second Lien Term Loan, 8.500%, 06/19/23   199,000    0.1 
1,078,000     Solenis International, L.P., USD First Lien Term Loan, 4.250%, 07/31/21   1,076,802    0.2 
1,272,964     Styrolution Group GmbH, New USD facility, 4.750%, 09/30/21   1,282,511    0.3 
997,423     Tronox Pigments (Netherlands) BV, Term Loan, 4.500%, 03/19/20   997,423    0.2 
          29,393,726    6.2 
                 
      Clothing/Textiles: 0.8%
3,529,204     Varsity Brands (fka Herff Jones, Inc.), First Lien Term Loan, 5.000%, 12/10/21   3,560,084    0.7 
398,442     Vince, LLC, Term Loan, 6.000%, 11/27/19   386,489    0.1 
          3,946,573    0.8 
                 
      Conglomerates: 0.9%
1,100,529     Jason Incorporated, First Lien Term Loan, 5.500%, 06/30/21   1,040,000    0.2 
600,000     Jason Incorporated, Second Lien Term Loan, 9.000%, 06/30/22   405,000    0.1 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Conglomerates: (continued)
1,015,000     ServiceMaster Company, Term Loan B, 3.434%, 11/08/23  $1,015,756    0.2 
1,038,402     Waterpik, First Lien, 5.750%, 07/08/20   1,040,133    0.2 
615,000     WireCo WorldGroup, Inc., First Lien Term Loan, 6.500%, 09/29/23   621,535    0.2 
          4,122,424    0.9 
                 
      Containers & Glass Products: 4.0%
2,568,624     Berlin Packaging, LLC, First Lien Term Loan, 4.500%, 10/01/21   2,582,002    0.5 
550,000     Berlin Packaging, LLC, Second Lien Term Facility, 7.750%, 09/30/22   551,719    0.1 
9,677     Constantia Flexibles, Term Loan B1A USD, 4.000%, 04/30/22   9,713    0.0 
1,080,750     Hilex Poly Co, LLC (aka Novolex), First Lien Term Loan Facility, 6.000%, 12/09/21   1,088,045    0.2 
1,228,478     Husky Injection Molding Systems, Ltd, Incremental Term Loan, 4.250%, 06/30/21   1,228,733    0.3 
594,247     Milacron LLC, Term Loan, 4.250%, 09/28/20   597,574    0.1 
768,841     Otter Products, Term Loan B, 5.750%, 06/03/20   743,853    0.2 
742,500     Peacock Engineering Company, LLC, First Lien Term Loan Facility, 5.250%, 07/27/22   738,788    0.2 
 1,240,000  (1)  Proampac Intermediate Inc (f.k.a Prolampac Inc), First Lien Term Loan, 5.000%, 11/18/23   1,248,525    0.3 
245,000  (1)  Proampac Intermediate Inc (f.k.a Prolampac Inc), Second Lien Term Loan, 9.500%, 11/18/24   245,613    0.0 
3,650,000     Reynolds Group Holdings Inc, USD Term Loan, 4.250%, 02/05/23   3,667,213    0.8 
1,773,000     SIG Combibloc Group AG, USD Term Loan, 4.000%, 03/10/22   1,779,895    0.4 
2,466,589     TricorBraun, Term Loan, 4.000%, 05/03/18   2,468,131    0.5 
EUR  2,000,000     Verallia SA, Term Loan B2, 4.500%, 08/01/22   2,147,667    0.4 
          19,097,471    4.0 
                 
      Cosmetics/Toiletries: 0.5%
2,345,000     Revlon Consumer Products Corporation, Term Loan B 2016, 4.434%, 09/07/23   2,351,514    0.5 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Diversified Insurance: 6.2%
1,791,905  (1)  Acrisure, LLC, Term Loan, 5.750%, 11/15/23  $1,791,905    0.4 
2,762,525     Alliant Holdings, I, LLC,Term Loan B, 4.500%, 08/14/22   2,766,553    0.6 
925,000     AmWINS Group, Inc., Second Lien Term Loan, 9.500%, 09/06/20   936,177    0.2 
4,237,997     AmWINS Group, Inc., Term Loan, 4.750%, 09/06/19   4,265,998    0.9 
2,819,773     Applied Systems Inc., First Lien Term Loan, 4.250%, 01/25/21   2,832,402    0.6 
969,575     Applied Systems Inc., Second Lien Term Loan, 7.500%, 01/24/22   978,866    0.2 
1,688,515     AssuredPartners, Inc., First Lien Term Loan, 5.750%, 10/21/22   1,698,541    0.3 
2,767,790     Hub International Limited, Term Loan B, 4.000%, 10/02/20   2,770,168    0.6 
4,463,610     National Financial Partners Corp., Term Loan B, 4.500%, 07/01/20   4,480,349    0.9 
1,825,000     Sedgwick Holdings, Inc., Incremental Second Lien Term Loan, 6.750%, 02/28/22   1,789,641    0.4 
2,300,000     Sedgwick Holdings, Inc., Second Lien Term Loan, 6.750%, 02/28/22   2,266,937    0.5 
2,281,359     USI, Inc., Term Loan, 4.250%, 12/27/19   2,284,211    0.5 
800,000     Vertafore, Inc., Term Loan B, 4.750%, 06/30/23   803,625    0.1 
          29,665,373    6.2 
                 
      Drugs: 0.1%
600,000     Horizon Pharma, Inc., Incremental Term Loan, 5.500%, 05/07/21   601,125    0.1 
                 
      Ecological Services & Equipment: 1.5%
4,334,722     4L Holdings Inc., Term Loan B, 5.500%, 05/08/20   4,107,149    0.9 
2,329,459     ADS Waste Holdings, Inc., Term Loan B-2, 3.934%, 10/09/19   2,330,188    0.5 
560,000     Casella Waste Systems, Inc., Term Loan B, 4.000%, 10/17/23   565,600    0.1 
          7,002,937    1.5 
                 
      Electronics/Electrical: 17.8%
1,970,000     Accuvant Inc., First Lien Term Loan, 6.250%, 01/28/22   1,984,160    0.4 
1,028,536     Aptean Holdings, Inc., First Lien Term Loan, 5.250%, 02/27/20   1,029,179    0.2 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Electronics/Electrical: (continued)
1,705,048     Aspect Software, Inc., Exit Term Loan, 10.500%, 05/24/20  $1,694,022    0.4 
3,373,596     Avago Technologies (aka Broadcom), Term Loan B-3, 3.934%, 02/01/23   3,408,122    0.7 
EUR  500,000     Avast Software B.V., Term Loan Euro, 4.750%, 07/18/22   539,566    0.1 
2,240,000     Avast Software B.V., Term Loan USD, 5.500%, 09/30/22   2,262,120    0.5 
3,887,373     BMC Software, Inc., U.S. Term Loan, 5.000%, 09/10/20   3,808,817    0.8 
680,000     Cavium, Inc., Term Loan B, 3.934%, 08/15/22   680,408    0.1 
2,809,950     Compuware Corporation, Term Loan B-2, 6.250%, 12/15/21   2,818,731    0.6 
7,140,000     Dell International LLC, Term Loan B, 4.184%, 09/07/23   7,210,286    1.5 
2,190,000     Dell Software Group, Term Loan B, 7.000%, 10/31/22   2,191,369    0.5 
1,683,455     ECI, Term Loan B, 5.750%, 05/28/21   1,687,664    0.4 
2,666,250     Epicor Software Corporation, Term Loan B, 4.750%, 06/01/22   2,665,917    0.6 
224,438     Eze Castle Software, Inc., Incremental Term Loan, 4.500%, 04/04/20   224,858    0.0 
1,095,000     Eze Castle Software, Inc., Second Lien Term Loan, 7.250%, 04/05/21   1,074,925    0.2 
2,233,368     Go Daddy Operating Company, LLC, Term Loan, 4.250%, 05/13/21   2,249,701    0.5 
EUR  1,000,000  (1)  Greeneden U.S. Holdings II, L.L.C., EUR Term Loan B, 6.250%, 12/07/23   1,062,499    0.2 
770,000  (1)  Greeneden U.S. Holdings II, L.L.C., USD Term Loan, 6.250%, 11/17/23   774,010    0.2 
2,612,111     Hyland Software, Inc., First Lien Term Loan, 4.750%, 07/01/22   2,623,071    0.5 
500,000     Hyland Software, Inc., Second Lien Term Loan, 8.250%, 06/30/23   503,541    0.1 
3,663,000     Informatica Corporation,Term Loan B, 4.500%, 08/05/22   3,589,359    0.7 
1,950,000     JDA Software (f.k.a RedPrairie Corporation), Term Loan B, 4.500%, 09/22/23   1,954,672    0.4 
3,320,000     Kronos Incorporated, First Lien Term Loan, 5.000%, 10/31/23   3,329,754    0.7 
EUR  200,000  (1)  Linxens, Term Loan B-4 Euro, 4.684%, 10/16/22   214,620    0.0 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Electronics/Electrical: (continued)
843,625     Linxens,Term Loan B-1 USD, 5.000%, 10/16/22  $845,734    0.2 
2,250,706     M/A-COM Technology Solutions Holdings, Inc., Term Loan B, 4.684%, 05/07/21   2,276,026    0.5 
773,063     Micron Technology, Inc., Term Loan B, 4.684%, 04/26/22   783,112    0.2 
1,190,647     Microsemi Corporation, Term Loan B, 3.934%, 01/15/23   1,200,445    0.2 
575,000     Omnitracs Inc., Upsized Second Lien Term Loan, 8.750%, 05/25/21   550,084    0.1 
2,300,000     ON Semiconductor Corporation, Term Loan B, 4.184%, 03/31/23   2,315,334    0.5 
2,000,000     Rackspace Hosting, Term Loan B, 5.000%, 11/15/23   2,017,678    0.4 
3,096,879     Riverbed Technology, Inc., First Lien Term Loan, 5.000%, 04/24/22   3,127,204    0.7 
3,087,830     Skillsoft Corp., First Lien Term Loan, 5.750%, 04/28/21   2,863,191    0.6 
3,142,125     SolarWinds Holdings, Inc., Term Loan, 5.500%, 02/05/23   3,168,145    0.7 
870,612     SS&C Technologies Inc.,Term Loan B-1, 4.184%, 07/08/22   878,463    0.2 
100,455     SS&C Technologies Inc.,Term Loan B-2, 4.184%, 07/08/22   101,361    0.0 
1,300,000  (1)  Tessera Technologies, Term Loan B, 4.184%, 11/07/23   1,302,438    0.3 
2,447,368     TTM Technologies, Term Loan B, 5.250%, 05/31/21   2,468,754    0.5 
1,990,000     Veritas Technologies Corporation, USD Term Loan B-1, 6.625%, 01/29/23   1,794,317    0.4 
5,187,000     Western Digital, USD Term Loan B-1, 4.684%, 04/29/23   5,254,151    1.1 
4,196,925     Zebra Technologies, Term Loan B, 4.184%, 10/27/21   4,229,569    0.9 
          84,757,377    17.8 
                 
      Equity REITs and REOCs: 0.5%
1,250,000     Capital Automotive L.P., Second Lien Term Loan, 6.000%, 04/30/20   1,261,844    0.2 
1,260,000     ESH Hospitality, Inc., Term Loan B, 3.934%, 08/25/23   1,270,894    0.3 
          2,532,738    0.5 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Financial Intermediaries: 2.1%
2,927,357     Duff & Phelps, Add-on Term Loan, 4.750%, 04/23/20  $2,937,413    0.6 
2,977,500     First Eagle Investment Management, Inc., Term Loan B, 4.934%, 12/01/22   2,996,109    0.6 
2,729,375     LPL Holdings, Inc., Term Loan B New, 4.934%, 11/20/22   2,756,669    0.6 
1,467,625     NorthStar Asset Management, Term Loan B, 4.809%, 01/31/23   1,467,625    0.3 
          10,157,816    2.1 
                 
      Food Products: 4.3%
2,395,188     Advance Pierre Foods, First Lien Term Loan, 4.500%, 05/30/23   2,412,028    0.5 
1,228,687     Atkins Nutritionals Holdings II, Inc., First Lien Term Loan, 6.250%, 01/02/19   1,231,759    0.3 
2,000,000     Atrium Innovations, Inc., USD Second Lien Term Loan, 7.750%, 08/13/21   1,905,000    0.4 
4,305,560     CSM Bakery Supplies, First Lien Term Loan, 5.000%, 07/03/20   3,685,559    0.8 
1,069,750     Del Monte Foods Consumer Products, Inc., First Lien, 4.250%, 02/18/21   1,003,782    0.2 
1,700,000     Del Monte Foods Consumer Products, Inc., Second Lien, 8.250%, 08/18/21   1,351,500    0.3 
2,079,000     Hostess, First Lien Term Loan, 4.500%, 08/03/22   2,091,994    0.4 
363,883  (1)  Hostess, Term Loan, 4.000%, 08/03/22   367,067    0.1 
2,977,500     JBS USA, Inc. (FKA Swift),Term Loan B, 4.000%, 10/30/22   2,979,957    0.6 
2,572,207     Keurig Green Mountain, Inc., USD Term Loan B, 5.434%, 03/03/23   2,605,947    0.5 
998,951     NPC International, Term Loan, 4.750%, 12/28/18   1,003,321    0.2 
          20,637,914    4.3 
                 
      Food Service: 2.0%
2,246,509     CEC Entertainment, Inc., First Lien Term Loan, 4.000%, 02/14/21   2,217,425    0.5 
1,080,000     Landry's Restaurants, Term Loan, 4.184%, 10/03/23   1,088,438    0.2 
1,160,000     Manitowoc Foodservice, Inc., Term Loan B, 5.750%, 03/03/23   1,179,323    0.3 
1,172,643     P.F. Chang's China Bistro, Inc., Term Loan, 4.250%, 06/30/19   1,157,986    0.2 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Food Service: (continued)
1,849,094     Restaurant Brands International (F.K.A. Burger King Corporation),Term Loan B, 3.750%, 12/10/21  $1,862,570    0.4 
1,845,375     US Foods, Inc., Term Loan B, 4.184%, 06/30/23   1,859,051    0.4 
          9,364,793    2.0 
                 
      Food/Drug Retailers: 2.2%
2,750,732     Albertsons LLC, Term Loan B-4, 4.500%, 08/15/21   2,761,391    0.6 
678,300     NBTY, Inc., USD Term Loan B, 5.000%, 05/05/23   679,784    0.1 
2,447,538       Portillo Restaurant Group (The), First Lien Term Loan, 4.750%, 08/04/21   2,433,261    0.5 
1,050,000     Smart & Final Stores, Extended Term Loan B, 4.434%, 11/15/22   1,048,195    0.2 
3,703,752     Supervalu, Term Loan, 5.500%, 03/21/19   3,721,983    0.8 
          10,644,614    2.2 
                 
      Forest Products: 0.2%
947,625     Blount International, Inc., Term Loan B USD, 7.250%, 04/12/23   961,839    0.2 
                 
      Health Care: 13.5%
1,339,875     Acadia, New Term Loan B, 3.934%, 02/16/23   1,344,062    0.3 
1,108,502     Aegis Sciences, First Lien Term Loan, 5.500%, 02/24/21   1,028,135    0.2 
3,932,775     Air Medical Group Holdings, Inc., Term Loan B, 4.250%, 04/28/22   3,903,279    0.8 
573,563     ATI Physical Therapy, First Lien Term Loan, 5.500%, 05/10/23   577,625    0.1 
930,000     BioClinica, First Lien Term Loan, 5.250%, 10/20/23   926,512    0.2 
2,030,215     CareCore National, LLC, Term Loan B, 5.500%, 03/05/21   1,994,687    0.4 
1,814,466     Catalent Pharma Solutions, Inc., USD Term Loan, 4.250%, 05/20/21   1,824,043    0.4 
2,639,244     CHG Medical Staffing, Inc., First Lien Term Loan, 4.750%, 05/26/23   2,658,803    0.6 
1,941,062     CHS/Community Health Systems, Inc., Term Loan H, 4.000%, 01/27/21   1,835,344    0.4 
1,110,694     Concentra Inc, Term Loan B, 4.000%, 06/01/22   1,110,694    0.2 
942,022     Connolly / iHealth Technologies, New First Lien Term Loan B, 3.684%, 09/22/23   945,555    0.2 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Health Care: (continued)
1,813,000     Correct Care Solutions, First Lien Term Loan, 5.000%, 07/22/21  $1,459,465    0.3 
1,578,934     DJO Finance LLC, First Lien Term Loan, 4.250%, 06/08/20   1,519,724    0.3 
2,055,000  (1)  Envision Healthcare Corporation, Tranche C, 3.934%, 11/17/23   2,061,422    0.4 
1,125,000     ExamWorks Group, Inc., First Lien Term Loan, 4.750%, 07/27/23   1,131,856    0.2 
2,402,842     Healogics, Inc., First Lien Term Loan, 5.250%, 07/01/21   1,910,260    0.4 
2,250,000     Healogics, Inc., Second Lien Term Loan, 9.000%, 07/01/22   1,237,500    0.3 
1,201,001     Iasis Healthcare LLC, Term Loan B-2, 4.500%, 05/03/18   1,187,489    0.3 
1,290,000     inVentiv Health Inc., Term Loan B, 4.750%, 10/10/23   1,288,086    0.3 
1,990,000     Kinetic Concepts, Inc., Dollar Term F, 5.000%, 11/01/20   1,958,160    0.4 
700,472     Medpace Holdings, Inc., Term Loan B, 4.750%, 04/01/21   702,223    0.2 
1,766,202     Multiplan, Inc, First Lien Term Loan, 5.000%, 06/07/23   1,787,806    0.4 
395,114     NAPA, First Lien Term Loan, 6.000%, 04/19/23   397,995    0.1 
1,143,406     NVA Holdings, Inc., First Lien Term Loan, 4.750%, 08/15/21   1,146,742    0.2 
1,525,047     Onex Carestream Finance LP, First Lien, 5.000%, 06/07/19   1,364,917    0.3 
1,500,000     Patterson Medical Holdings, Inc., Upsized First Lien Term Loan, 5.750%, 08/28/22   1,486,875    0.3 
2,375,000     Pharmaceutical Product Development, Inc.,Term Loan B, 4.250%, 08/18/22   2,382,916    0.5 
1,073,213  (1)  Precyse, First Lien Term Loan, 6.500%, 10/20/22   1,083,274    0.2 
610,000     Press Ganey, First Lien Term Loan, 4.250%, 10/01/23   611,525    0.1 
150,000     Press Ganey, Second Lien Term Loan, 8.250%, 10/01/24   152,625    0.0 
1,721,186     Prospect Medical Holdings, Inc., Term Loan B, 7.000%, 07/01/22   1,699,671    0.4 
1,293,500     Quorum Health, Term Loan B, 6.750%, 04/29/22   1,248,767    0.3 
1,487,487     Schumacher Group, First Lien Term Loan, 5.000%, 07/31/22   1,486,248    0.3 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Health Care: (continued)
1,164,150     Select Medical Corporation, Series F Tranche B, 6.000%, 03/03/21  $1,175,791    0.2 
3,053,597     Sivantos (Siemens Audiology),Term Loan B USD, 4.250%, 01/17/22   3,080,316    0.6 
3,242,250     Sterigenics International LLC, Term Loan B, 4.250%, 05/08/22   3,238,116    0.7 
3,804,337     Surgery Center Holdings, Inc., First Lien Term Loan, 4.750%, 11/03/20   3,806,715    0.8 
3,476,244     U.S. Renal Care, Inc., First Lien Term Loan, 5.250%, 12/30/22   3,267,669    0.7 
1,186,577     Valeant Pharmaceuticals International, Inc., F1 Term Loan, 5.684%, 04/01/22   1,176,640    0.3 
1,099,816     Vizient, Inc., Term Loan B-2, 5.000%, 02/11/23   1,107,893    0.2 
          64,307,425    13.5 
                 
      Home Furnishings: 1.2%
1,047,375     ADT fka Protection One, Inc., ADT First Lien Term Loan B-1, 4.750%, 05/02/22   1,056,540    0.2 
1,226,787     Hillman Group (The), Inc., Term Loan B, 4.500%, 06/30/21   1,231,771    0.3 
3,230,000  (1)  Serta Simmons Bedding, LLC, First Lien Term Loan, 4.500%, 10/20/23   3,222,503    0.7 
          5,510,814    1.2 
                 
      Industrial Equipment: 4.5%
2,172,973     Accudyne Industries LLC, Term Loan, 4.000%, 12/13/19   1,946,621    0.4 
4,777,256     Apex Tool Group, Term Loan B, 4.500%, 01/31/20   4,715,548    1.0 
1,879,916     Doncasters Group Limited, First Lien Term Loan USD, 4.500%, 04/09/20   1,865,817    0.4 
894,700     WTG Holdings III Corp., First Lien Term Loan, 4.750%, 01/15/21   896,378    0.2 
1,646,815     Filtration Group Corporation, First Lien Term Loan, 4.250%, 11/30/20   1,651,275    0.3 
5,795,243     Gardner Denver, Inc., Term Loan B USD, 4.250%, 07/30/20   5,636,778    1.2 
675,000     Global Brass and Copper, Inc., Term Loan B, 5.250%, 06/30/23   678,780    0.1 
791,420     Kenan Advantage Group, Inc.,Term Loan B, 4.000%, 07/31/22   790,307    0.2 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Industrial Equipment: (continued)
243,029     Kenan Advantage Group, Inc.,Term Loan Canada Borrower, 4.000%, 07/31/22  $242,687    0.1 
467,104     MKS Instruments, Term Loan B, 4.434%, 04/29/23   470,608    0.1 
2,413,000  (1)  Vertiv, Term Loan B, 6.000%, 09/29/23   2,393,896    0.5 
          21,288,695    4.5 
                 
      Leisure Goods/Activities/Movies: 4.8%
3,910,000     24 Hour Fitness Worldwide, Inc, Term Loan B, 4.750%, 05/28/21   3,802,475    0.8 
400,000     Cirque Du Soleil, Second Lien Term Loan, 9.250%, 07/10/23   389,500    0.1 
2,577,254     Delta2 Sarl Luxembourg (Formula One World Championship), Facility B3, 4.750%, 07/30/21   2,592,287    0.5 
1,000,000     Delta2 Sarl Luxembourg (Formula One World Championship), Second Lien Facility, 7.750%, 08/08/22   1,007,188    0.2 
1,729,606     Equinox Holdings, Inc., First Lien Term Loan, 5.000%, 01/31/20   1,742,219    0.4 
5,522,939     Fitness International, LLC., Term Loan B, 6.000%, 07/01/20   5,531,914    1.2 
994,962     Life Time Fitness, Upsized Term Loan B, 4.250%, 06/10/22   996,673    0.2 
2,162,857     NEP/NCP Holdco, Inc, Second Lien, 10.000%, 07/22/20   2,173,671    0.5 
2,860,889     NEP/NCP Holdco, Inc, Term Loan B with Add on, 4.500%, 01/22/20   2,856,420    0.6 
945,000     UFC Holdings (fka Zuffa), First Lien Term Loan, 5.000%, 08/04/23   953,170    0.2 
680,000     Winnebago, Term Loan B, 5.500%, 11/08/23   680,000    0.1 
          22,725,517    4.8 
                 
      Lodging & Casinos: 4.7%
4,868,338     Amaya Gaming Group Inc., First Lien Term Loan B, 5.000%, 08/01/21   4,875,640    1.0 
613,729     American Casino and Entertainment Properties LLC,Term Loan, 4.750%, 07/07/22   617,181    0.1 
2,093,495     Aristocrat Leisure Limited, Term Loan B, 3.684%, 10/20/21   2,108,149    0.4 
543,125     Eldorado Resorts, Inc.,Term Loan B, 4.250%, 07/23/22   546,855    0.1 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Lodging & Casinos: (continued)
1,437,069     Global Cash Access, Inc., Term Loan B, 6.250%, 12/18/20  $1,396,652    0.3 
907,013     Golden Nugget, Inc., Delayed Draw Term Loan, 5.500%, 11/21/19   917,500    0.2 
2,116,363     Golden Nugget, Inc., Term Loan, 4.500%, 11/21/19   2,140,834    0.5 
545,875     Horseshoe Baltimore, Funded Term Loan B, 8.250%, 07/02/20   540,416    0.1 
1,473,750     Scientific Games International, Inc., Term Loan B-2, 6.000%, 10/01/21   1,487,911    0.3 
2,861,749     Scientific Games International, Inc.,Term Loan B, 6.000%, 10/18/20   2,892,155    0.6 
2,593,500     Station Casinos LLC, Term Loan, 3.934%, 06/01/23   2,610,353    0.6 
2,115,717     Twin River Management Group, Inc., Term Loan B, 5.250%, 07/10/20   2,131,321    0.5 
          22,264,967    4.7 
                 
      Nonferrous Metals/Minerals: 0.4%
2,145,666     Fairmount Minerals, Ltd., Tranche B-2 Term Loan, 4.500%, 09/05/19   2,059,839    0.4 
                 
      Oil & Gas: 2.7%
2,147,020     Bronco Midstream Funding, LLC, Term Loan, 5.000%, 08/15/20   2,071,875    0.4 
2,055,113     FTS International, Inc. (fka FracTech), Term Loan, 5.750%, 04/16/21   1,227,930    0.3 
6,576,600     Harvey Gulf International Marine, LLC, Upsized Term Loan B, 5.500%, 06/18/20   4,839,279    1.0 
1,989,560     MEG Energy Corp., Term Loan, 3.750%, 03/31/20   1,866,705    0.4 
1,959,900     Seventy Seven Energy Inc., Term Loan, 3.934%, 06/25/20   1,788,408    0.4 
994,911     Southcross Energy Partners, L.P., Term Loan, 5.250%, 08/04/21   779,347    0.2 
101,332     Southcross Holdings L.P., Exit Term Loan, 0.934%, 04/13/23   78,026    0.0 
          12,651,570    2.7 
                 
      Property & Casualty Insurance: 0.3%
1,350,000  (1)  BroadStreet Partners, Inc., Term Loan B, 5.250%, 11/08/23   1,353,375    0.3 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Publishing: 1.9%
1,820,438     Cengage Learning Acquisition, Inc., Term Loan-B, 5.250%, 05/31/23  $1,755,097    0.4 
1,670,813     McGraw Hill Global Education, Term Loan B, 5.000%, 05/04/22   1,657,237    0.4 
2,200,494     Merrill Communications, LLC, New First Lien Term Loan, 6.250%, 06/01/22   2,101,471    0.4 
1,264,493     Nelson Canada, 10% Reinstated First Lien Term Loan, 0.934%, 10/01/20   663,859    0.1 
2,962,500     Tribune Company,Term Loan B, 3.934%, 12/31/20   2,979,140    0.6 
          9,156,804    1.9 
                 
      Radio & Television: 3.2%
1,326,203     CBS Radio, Inc., Term Loan B, 4.500%, 10/10/23   1,335,736    0.3 
3,294,433     Cumulus Media Holdings Inc., Term Loan, 4.250%, 12/23/20   2,003,427    0.4 
3,921,330     Clear Channel Communications, Inc., Term Loan E, 8.434%, 07/30/19   3,039,031    0.6 
1,364,662     Learfield Communications, Inc, First Lien Term Loan, 6.816%, 10/09/20   1,370,632    0.3 
2,575,000  (1)  Lions Gate Entertainment Corp, New Term Loan B, 3.934%, 10/15/23   2,576,074    0.6 
1,566,463     Media General, Inc, DD Term Loan-B, 4.000%, 07/31/20   1,568,702    0.3 
171,000  (1)  Nexstar Broadcasting, Inc., New Term Loan B - Mission, 3.934%, 09/30/23   171,947    0.0 
1,919,000  (1)  Nexstar Broadcasting, Inc., New Term Loan B - Nexstar, 3.934%, 09/30/23   1,929,623    0.4 
1,456,133     Salem Communications Corporation, Term Loan B, 4.500%, 03/13/20   1,425,190    0.3 
          15,420,362    3.2 
                 
      Retailers (Except Food & Drug): 11.1%
1,344,063     Abercrombie & Fitch Management Co., Term Loan B, 4.750%, 08/09/21   1,323,902    0.3 
2,984,658     Academy Ltd.,Term Loan, 5.000%, 07/01/22   2,763,608    0.6 
EUR  2,000,000     Action Holding B.V., Term Loan B, 5.434%, 02/15/22   2,148,845    0.4 
3,695,680     Ascena Retail Group, Inc.,Term Loan B, 5.434%, 08/21/22   3,598,668    0.7 
795,000  (1)  Bass Pro Group, LLC, Asset Sale Facility, 5.684%, 10/01/18   797,981    0.2 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Retailers (Except Food & Drug): (continued)
2,972,343     Bass Pro Group, LLC, Term Loan B, 4.184%, 06/05/20  $2,961,642    0.6 
1,985,000     Belk, First Lien Term Loan, 5.750%, 12/12/22   1,771,613    0.4 
3,224,754     BJs Wholesale Club, First Lien Term Loan, 4.500%, 09/26/19   3,232,010    0.7 
1,338,806     BJs Wholesale Club, Second Lien Term Loan, 8.500%, 03/26/20   1,342,823    0.3 
470,000     Coinstar, First Lien Term Loan, 5.250%, 09/27/23   475,679    0.1 
2,636,750       FullBeauty Brands (F.K.A. OneStopPlus), First Lien Term Loan, 5.750%, 10/14/22   2,458,769    0.5 
2,747,336     Harbor Freight Tools USA, Inc., Term Loan-B, 4.184%, 08/15/23   2,772,112    0.6 
737,327     Hudson's Bay Company,Term Loan B, 4.250%, 09/30/22   743,779    0.2 
3,412,500     J. Crew, Term Loan B, 4.000%, 03/05/21   2,215,282    0.5 
2,605,000     Jo-Ann Stores, Inc., Term Loan B, 6.000%, 10/15/23   2,595,231    0.5 
1,718,780     Lands' End, Inc., Term Loan B, 4.250%, 04/04/21   1,310,570    0.3 
1,490,000     Leslies Poolmart, Inc., Term Loan-B, 5.500%, 08/16/23   1,500,865    0.3 
3,264,476     Men's Wearhouse, Term Loan, 4.500%, 06/18/21   3,231,805    0.7 
3,799,470     Neiman Marcus Group, Inc, Term Loan, 4.250%, 10/25/20   3,461,792    0.7 
2,078,667     Party City Holdings Inc, Term Loan B, 3.934%, 08/11/22   2,087,576    0.4 
2,632,612     Petco Animal Supplies, Inc., Term Loan B1, 5.000%, 01/26/23   2,655,648    0.6 
5,410,119     PetSmart, Inc., Term Loan B, 4.000%, 03/11/22   5,431,944    1.1 
984,772     rue21 inc., Term Loan B, 5.625%, 10/09/20   433,300    0.1 
1,488,025     Savers, Term Loan B, 5.000%, 07/09/19   1,385,102    0.3 
          52,700,546    11.1 
                 
      Surface Transport: 1.5%
1,669,550     Goodpack Ltd., First Lien Term Loan, 4.750%, 09/09/21   1,648,681    0.3 
2,554,225     Navistar Inc.,Term Loan B, 6.500%, 08/07/20   2,578,569    0.5 
832,329     OSG Bulk Ships, Inc., First Lien Term Loan, 5.250%, 08/05/19   812,561    0.2 
769,188     Quality Distribution, First Lien Term Loan, 5.750%, 08/18/22   728,805    0.2 

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Surface Transport: (continued)
1,356,075     XPO Logistics, Term Loan B, 4.250%, 10/31/21  $1,372,010    0.3 
          7,140,626    1.5 
                 
      Telecommunications: 8.3%
EUR  1,237,531     Altice International S.A., 2023 EUR Term Loan B, 4.000%, 06/09/23   1,332,583    0.3 
3,249,045     Aricent Group, First Lien Term Loan, 5.500%, 04/14/21   3,029,734    0.6 
265,223     Asurion, LLC, Incremental Tranche B-1 Term Loan, 5.000%, 05/24/19   266,881    0.1 
 2,450,000  (1)  Asurion, LLC, Incremental Tranche B-5 Term Loan, 4.750%, 11/03/23   2,470,288    0.5 
1,750,000     Asurion, LLC, Second Lien Term Loan, 8.500%, 03/03/21   1,764,219    0.4 
2,980,821     Asurion, LLC,Incremental Tranche B-4 Term Loan, 5.000%, 08/04/22   3,003,922    0.6 
1,897,589     Avaya Inc., Term B-6 Loan, 6.500%, 03/31/18   1,671,856    0.3 
5,080,343     Avaya Inc., Term B-7 Loan, 6.250%, 05/29/20   4,389,736    0.9 
1,237,500     CommScope, Inc., Tranche 5 Term Loan, 3.684%, 10/18/22   1,245,993    0.3 
5,031,288     Communications Sales & Leasing, Inc., Term Loan B, 4.500%, 10/24/22   5,064,620    1.1 
1,675,000     Consolidated Communications, Inc., Term Loan B, 4.000%, 10/04/23   1,688,958    0.4 
2,038,545     Global Tel*Link Corporation, First Lien Term Loan, 5.000%, 05/23/20   2,012,213    0.4 
850,000     Global Tel*Link Corporation, Second Lien Term Loan, 9.000%, 11/23/20   826,625    0.2 
566,573     Hawaiian Telcom Communications, Inc., Term Loan B, 5.250%, 06/06/19   570,527    0.1 
987,749     Level 3 Financing, Inc, Tranche B-II 2022 Term Loan, 3.684%, 05/31/22   993,820    0.2 
1,974,490     Lightower Fiber Networks, First Lien Term Loan, 4.184%, 04/13/20   1,979,418    0.4 
2,893,265     U.S. Telepacific Corp, Term Loan B, 6.000%, 11/25/20   2,859,813    0.6 
2,267,875     Windstream Corporation, Term Loan B-6, 4.934%, 03/29/21   2,279,924    0.5 

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

 

Principal
Amount†
     Borrower/Tranche
Description
(continued)
  Fair Value   Percentage
of Net
Assets
 
SENIOR LOANS*: (continued)
      Telecommunications: (continued)
1,845,132       XO Communications, First Lien Term Loan, 4.250%, 03/19/21  $1,849,745    0.4 
          39,300,875    8.3 
                 
      Utilities: 3.5%
1,000,000     Aclara Technologies LLC, Term Loan, 6.750%, 08/15/23   1,012,500    0.2 
992,500     Calpine Corp, Term Loan B-6, 4.000%, 01/15/23   1,000,316    0.2 
630,000     Dayton Power and Light Company, Term Loan, 4.184%, 08/30/22   635,906    0.1 
2,500,000     Dynegy Inc., Term Loan C, 5.000%, 06/30/23   2,516,407    0.5 
2,120,874     TPF II Power, LLC, Term Loan, 5.000%, 09/30/21   2,132,804    0.5 
1,139,965     Linden Power Complex, Term Loan, 5.250%, 06/15/23   1,153,978    0.3 
1,629,375     Longview Power, LLC, Term Loan, 7.000%, 04/13/21   1,441,997    0.3 
1,255,000     MRP Generation Holdings, LLC (fka TPF Generation Holdings, LLC), Term Loan, 8.000%, 09/30/22   1,220,488    0.3 
957,763     RISEC, Term Loan, 5.750%, 12/19/22   952,974    0.2 
1,645,000     Southeast PowerGen, LLC, Term Loan B, 4.500%, 12/02/21   1,616,212    0.3 
2,442,857     Texas Competitive Electric Holdings Company LLC, Term Loan B, 5.000%, 08/04/23   2,463,470    0.5 
557,143     Texas Competitive Electric Holdings Company LLC, Term Loan C, 5.000%, 08/04/23   561,844    0.1 
          16,708,896    3.5 
                 
   Total Senior Loans          
   (Cost $647,574,980)   633,867,045    133.1 

 

Shares         Value    Percentage
of Net
Assets
 
EQUITIES AND OTHER ASSETS: 0.5%
231  @  AR Broadcasting (Warrants)       0.0 
888,534  @,R  Ascend Media (Residual Interest)       0.0 
2,609     Caribe Media Inc.       0.0 
89,600  @  Cengage Learning   1,687,436    0.3 
42,798  @  Everyware Global, Inc.   337,034    0.1 
156,376  @  Longview Power, LLC   409,236    0.1 
57,894  @  Millennium Health LLC   94,078    0.0 
206,462     Nelson Education   18,582    0.0 
106,702  @  Northeast Biofuels (Residual Interest)       0.0 

 

Shares         Value    Percentage
of Net
Assets
 
EQUITIES AND OTHER ASSETS: (continued)
110  @  Southcross Holdings G.P.  $    0.0 
110  @  Southcross Holdings L.P.- Class A   39,050    0.0 
   Total Equities and Other Assets          
   (Cost $5,389,020)   2,585,416    0.5 
                 
   Total Long-Term Investments          
   (Cost $652,964,000)   636,452,461    133.6 

 

Principal
Amount†
         Value    Percentage
of Net
Assets
 
SHORT-TERM INVESTMENTS: 0.9%
      Loans: 0.9%
1,030,000       Energy Future Intermediate Holding Company LLC, First Lien DIP, 4.250%, 06/30/17   1,036,437    0.2 
3,376,451     Fram Group Holdings Inc., First Lien Term Loan, 7.000%, 07/31/17   3,348,315    0.7 
          4,384,752    0.9 
                 
   Total Short-Term Investments          
   (Cost $4,407,437)   4,384,752    0.9 
                 
   Total Investments
(Cost $657,371,437)
  $640,837,213    134.5 
   Liabilities in Excess of Other Assets   (164,549,841)   (34.5)
   Net Assets  $476,287,372    100.0 

  

* Senior loans, while exempt from registration under the Securities Act of 1933, as amended, contain certain restrictions on resale and cannot be sold publicly. These senior loans bear interest (unless otherwise noted) at rates that float periodically at a margin above the London Inter-Bank Offered Rate (“LIBOR”) and other short-term rates.
Unless otherwise indicated, principal amount is shown in USD.
@ Non-income producing security
R Restricted Security
(1) Loans purchased on a when-issued or delayed-delivery basis. Contract rates that are not disclosed do not take effect until settlement date and have yet to be determined.

    

EUR EU Euro

    

  Cost for federal income tax purposes is $657,431,333.
   
  Net unrealized depreciation consists of:

 

Gross Unrealized Appreciation  $4,203,006 
Gross Unrealized Depreciation   (20,797,126)
      
Net Unrealized Depreciation  $(16,594,120)

 

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

   

Fair Value Measurements

The following is a summary of the fair valuations according to the inputs used as of November 30, 2016 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
November 30,
2016
 
Asset Table                    
Investments, at fair value                    
Senior Loans  $   $633,867,045   $   $633,867,045 
Equities and Other Assets       2,585,416        2,585,416 
Short-Term Investments       4,384,752        4,384,752 
Total Investments, at fair value  $   $640,837,213   $   $640,837,213 
Other Financial Instruments+                    
Forward Foreign Currency Contracts       39,414        39,414 
Total Assets  $   $640,876,627   $   $640,876,627 
Liabilities Table                    
Other Financial Instruments+                    
Unfunded commitments  $   $(104)  $   $(104)
Total Liabilities  $   $(104)  $   $(104)

    

+ Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts and unfunded commitments which are fair valued at the unrealized gain (loss) on the instrument.

                                               

At November 30, 2016, the following forward foreign currency contracts were outstanding for the Voya Senior Income Fund:

  

Counterparty  Currency  Contract Amount   Buy/Sell  Settlement Date  In Exchange For   Fair Value   Unrealized
Appreciation
(Depreciation)
 
                          
State Street Bank and Trust Co.  EU Euro   13,065,000   Sell  12/22/16  $13,901,095   $13,861,681   $39,414 
                           $39,414 

        

The following unfunded commitments were outstanding as of November 30, 2016:

 

Borrower  Principal Amount   Unrealized Appreciation/(Depreciation) 
Kenan Advantage Group, Inc.  $55,468   $(104)

  

   

 

 

Voya Senior Income Fund PORTFOLIO OF INVESTMENTS
as of November 30, 2016 (Unaudited) (Continued)

  

A summary of derivative instruments by primary risk exposure is outlined in the following tables.

 

The fair value of derivative instruments as of November 30, 2016 was as follows:

 

Derivatives not accounted for as hedging instruments    Fair Value 
        
Asset Derivatives   Instrument Type     
         
Foreign exchange contracts  Forward foreign currency contracts  $39,414 
Total Asset Derivatives     $39,414 

  

The following is a summary by counterparty of the fair value of OTC derivative instruments subject to Master Netting Agreements and collateral pledged (received), if any, at November 30, 2016:

 

   State Street Bank and Trust Co. 
Assets:     
Forward foreign currency contracts  $39,414 
Total Assets  $39,414 
      
Net OTC derivative instruments by counterparty, at fair value  $39,414 
      
Total collateral pledged by the Fund/(Received from counterparty)  $- 
      
Net Exposure(1)  $39,414 

 

(1) Positive net exposure represents amounts due from each respective counterparty. Negative exposure represents amounts due from the Fund.   

 

   

 

 

Item 2. Controls and Procedures.

 

(a)Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrant’s disclosure controls and procedures are effective to ensure that material information relating to the registrant is made known to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N-Q are being prepared, and the registrant’s disclosure controls and procedures allow timely preparation and review of the information for the registrant’s Form N-Q and the officer certifications of such Form N-Q.

 

(b)There were no significant changes in the registrant’s internal controls over financial reporting that occurred during the registrant’s last fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

 

A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as EX-99.CERT.

 

   

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant): Voya Senior Income Fund  

 

By /s/ Shaun P. Mathews  
  Shaun P. Mathews  
  President and Chief Executive Officer  
     
Date: January 20, 2017  

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By /s/ Shaun P. Mathews  
  Shaun P. Mathews  
  President and Chief Executive Officer  
     
Date: January 20, 2017  
     
By /s/ Todd Modic  
  Todd Modic  
  Senior Vice President and Chief Financial Officer  
     
Date: January 20, 2017