Voya International High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of November 30, 2019 (Unaudited)

Shares		Value		Percentage of Net Assets
COMMON STOCK: 97.8%
	Australia: 8.1%
20,714	AGL Energy Ltd.	$	285,897		0.6
164,366	Alumina Ltd.		256,840		0.5
70,623	Aurizon Holdings Ltd.		276,336		0.6
71,058	AusNet Services		83,645		0.2
6,093	BHP Group Ltd.		157,109		0.3
62,259	Boral Ltd.		216,795		0.4
33,981	Coca-Cola Amatil Ltd.		261,680		0.5
20,636	Crown Resorts Ltd.		180,466		0.4
2,206	Macquarie Group Ltd.		206,139		0.4
8,659	Rio Tinto Ltd.		567,700		1.1
106,136	Scentre Group		282,529		0.6
12,692	Sonic Healthcare Ltd.		258,869		0.5
41,156	Stockland		140,537		0.3
54,187	Sydney Airport		336,876		0.7
129,191	Vicinity Centres		233,940		0.5
4,803	Washington H Soul Pattinson & Co. Ltd.		72,509		0.1
6,569	Woolworths Group Ltd.		177,226		0.4
			3,995,093		8.1
	Belgium: 0.3%
3,033	Colruyt S.A.		157,062		0.3
	China: 0.4%
54,500	BOC Hong Kong Holdings Ltd.		185,141		0.4
	Denmark: 3.4%
2,143	Carlsberg A/S		308,299		0.6
2,573	Coloplast A/S		303,989		0.6
4,782	H Lundbeck A/S		183,200		0.4
11,015	Novo Nordisk A/S		619,177		1.3
6,408	Pandora A/S		257,966		0.5
			1,672,631		3.4
	Finland: 3.4%
3,732	Elisa OYJ		199,468		0.4
9,166	Neste OYJ		309,839		0.6
7,438	Nokian Renkaat OYJ		201,273		0.4
29,716	Nordea Bank Abp		210,481		0.4
3,923	Orion Oyj		170,732		0.4
7,684	Sampo OYJ		310,709		0.6
8,792	UPM-Kymmene OYJ		293,709		0.6
			1,696,211		3.4
	France: 8.2%
6,874	Alstom SA		299,766		0.6
7,173	Bouygues SA		293,014		0.6
460	Covivio		50,887		0.1
4,201	Danone		345,666		0.7
1,406	Edenred		69,797		0.1
3,023	Eiffage SA		329,968		0.7
24,007	Engie SA		379,736		0.8
4,211	Eutelsat Communications		69,081		0.1
12,969	Getlink SE		218,743		0.4
3,809	Klepierre SA		136,705		0.3
9,008	Orange SA		148,838		0.3
1,976	Peugeot S.A.		47,682		0.1
6,919	Sanofi		644,978		1.3
1,946	Societe BIC S.A.		134,006		0.3
10,370	Societe Generale		325,888		0.7
2,713	Sodexo SA		316,254		0.6
3,029	Total SA		158,885		0.3
690	Vinci SA		75,218		0.2
			4,045,112		8.2
	Germany: 5.5%
325	Adidas AG		101,248		0.2
6,841	Aroundtown SA		59,363		0.1
5,429	BASF SE		407,513		0.8
2,568	Deutsche Boerse AG		393,012		0.8
7,296	Deutsche Lufthansa AG		138,427		0.3
11,398	Deutsche Post AG		424,928		0.9
19,217	Deutsche Telekom AG		322,642		0.6
1,413	Hannover Rueck SE		262,181		0.5
813	Muenchener Rueckversicherungs-Gesellschaft AG		233,283		0.5
1,781	Siemens AG		229,507		0.5
58,942	Telefonica Deutschland Holding AG		179,954		0.3
			2,752,058		5.5
	Hong Kong: 2.9%
26,000	CK Hutchison Holdings Ltd.		236,123		0.5
28,993	CLP Holdings Ltd.		298,743		0.6
14,500	Hang Seng Bank Ltd.		295,584		0.6
77,000	HKT Trust / HKT Ltd.		112,925		0.2
2,200	Jardine Matheson Holdings Ltd.		123,671		0.3
146,000	PCCW Ltd.		88,037		0.2
28,500	Power Assets Holdings Ltd.		198,138		0.4
23,500	Yue Yuen Industrial Holdings		69,500		0.1
			1,422,721		2.9
	Ireland: 0.1%
16,363	AIB Group PLC		53,545		0.1
	Israel: 1.7%
30,357	Bank Hapoalim BM		244,812		0.5
39,532	Bank Leumi Le-Israel BM		286,504		0.6
16,178	Israel Chemicals Ltd.		75,811		0.2
24,833	Israel Discount Bank Ltd.		114,215		0.2
3,882	Mizrahi Tefahot Bank Ltd.		103,718		0.2
			825,060		1.7
	Italy: 4.1%
6,783	Enel S.p.A.		51,266		0.1
24,846	ENI S.p.A.		374,373		0.8
159,204	Intesa Sanpaolo SpA		402,819		0.8
29,032	Mediobanca Banca di Credito Finanziario SpA		324,174		0.6
24,976 (1)	Poste Italiane SpA		291,149		0.6
5,720	Recordati S.p.A.		239,782		0.5
58,446	Snam SpA		290,382		0.6
9,122	Terna Rete Elettrica Nazionale SpA		58,544		0.1
			2,032,489		4.1

Voya International High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of November 30, 2019 (Unaudited) (Continued)

Shares			Value	Percentage of Net Assets
COMMON STOCK: (continued)
	Japan: 24.6%
2,600	ABC-Mart, Inc.	$	173,282	0.3
5,200	Alfresa Holdings Corp.		107,526	0.2
8,200	ANA Holdings, Inc.		279,383	0.6
5,200	Aozora Bank Ltd.		132,542	0.3
13,000	Canon, Inc.		360,121	0.7
9,300	Chugoku Electric Power Co., Inc.		122,944	0.2
93	Daiwa House REIT Investment Corp.		254,334	0.5
49,700	Daiwa Securities Group, Inc.		252,144	0.5
17,600	Pan Pacific International Holdings Corp.		285,615	0.6
7,300	Fuji Film Holdings Corp.		345,183	0.7
3,600	Hamamatsu Photonics KK		146,057	0.3
5,200	Itochu Corp.		113,538	0.2
8,800	Japan Airlines Co. Ltd.		273,556	0.6
25	Japan Prime Realty Investment Corp.		113,770	0.2
98	Japan Retail Fund Investment Corp.		223,281	0.5
16,100	Japan Tobacco, Inc.		366,835	0.7
10,900	Kakaku.com, Inc.		263,308	0.5
2,600	Kamigumi Co., Ltd.		57,673	0.1
5,700	Konami Holdings Corp.		251,122	0.5
25,900	Konica Minolta, Inc.		169,863	0.3
1,100	Kyocera Corp.		74,946	0.2
6,200	Kyushu Railway Co.		211,250	0.4
4,100	Lawson, Inc.		223,549	0.5
2,600	Maruichi Steel Tube Ltd.		74,881	0.2
2,200	McDonald's Holdings Co. Japan Ltd.		108,804	0.2
8,200	Medipal Holdings Corp.		176,069	0.4
3,700	MEIJI Holdings Co., Ltd.		251,640	0.5
13,400	Mitsubishi Corp.		351,233	0.7
7,600	Mitsubishi Heavy Industries Ltd.		291,011	0.6
22,300	Mitsui & Co., Ltd.		395,541	0.8
9,800	MS&AD Insurance Group Holdings, Inc.		317,248	0.6
7,600	NEC Corp.		304,088	0.6
83	Nippon Prologis REIT, Inc.		222,785	0.4
41	Nippon Building Fund, Inc.		307,614	0.6
4,100	Nippon Electric Glass Co., Ltd.		87,003	0.2
4,700	Nippon Steel Corp.		68,994	0.1
14,100	Nissan Motor Co., Ltd.		87,068	0.2
14,500	NTT DoCoMo, Inc.		398,118	0.8
1,000	Oracle Corp. Japan		92,086	0.2
4,100	ORIX Corp.		67,208	0.1
3,100	Otsuka Corp.		124,295	0.3
24,900	Ricoh Co., Ltd.		256,623	0.5
3,100	Sankyo Co., Ltd.		104,904	0.2
18,500	Seiko Epson Corp.		281,876	0.6
15,600	Sekisui House Ltd.		337,376	0.7
8,200	Seven & I Holdings Co., Ltd.		305,994	0.6
22,300	Softbank Corp.		302,929	0.6
12,500	Subaru Corp.		327,599	0.7
22,300	Sumitomo Corp.		336,344	0.7
7,300	Sumitomo Mitsui Financial Group, Inc.		267,299	0.5
4,200	Sundrug Co., Ltd.		147,636	0.3
2,200	Suzuken Co., Ltd.		96,279	0.2
10,900	Teijin Ltd.		205,155	0.4
4,100	Toyo Suisan Kaisha Ltd.		176,929	0.4
93	United Urban Investment Corp.		181,036	0.4
3,700	West Japan Railway Co.		326,011	0.7
			12,181,498	24.6
	Luxembourg: 0.2%
2,116	RTL Group SA		100,941	0.2
	Netherlands: 6.0%
13,634 (1)	ABN AMRO Bank NV		232,367	0.5
20,117	ING Groep NV		231,340	0.5
47,227	Koninklijke KPN NV		145,451	0.3
8,209	NN Group NV		314,885	0.6
2,206	Randstad NV		128,431	0.2
35,905	Royal Dutch Shell PLC - Class A		1,028,592	2.1
9,326	Unilever NV		554,829	1.1
5,082	Wolters Kluwer NV		365,000	0.7
			3,000,895	6.0
	New Zealand: 0.1%
25,605	Spark New Zealand Ltd.		74,641	0.1
	Norway: 1.0%
12,708	Mowi ASA		315,159	0.6
21,487	Orkla ASA		207,951	0.4
			523,110	1.0
	Singapore: 2.4%
93,200	ComfortDelgro Corp., Ltd.		160,251	0.3
2,500	Jardine Cycle & Carriage Ltd.		56,078	0.1
13,500	SATS Ltd.		49,151	0.1
15,100	Singapore Airlines Ltd.		101,516	0.2
34,200	Singapore Exchange Ltd.		221,258	0.5
145,300	Singapore Telecommunications Ltd.		359,057	0.7
45,600	Singapore Technologies Engineering Ltd.		137,753	0.3
4,200	Venture Corp. Ltd.		48,705	0.1
74,700	Yangzijiang Shipbuilding Holdings Ltd.		56,247	0.1
			1,190,016	2.4
	Spain: 2.8%
1,692 (1)	Aena SME SA		310,470	0.6
1,418	Amadeus IT Group SA		112,823	0.2
9,428	Enagas		234,709	0.5
11,570	Endesa S.A.		314,526	0.7
11,889	Ferrovial SA - FERE		352,750	0.7
3,051	Repsol SA		48,032	0.1
			1,373,310	2.8
	Sweden: 0.8%
21,135	Swedbank AB		275,213	0.6
2,236	Swedish Match AB		107,103	0.2
			382,316	0.8

Voya International High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of November 30, 2019 (Unaudited) (Continued)

Shares				Value	Percentage of Net Assets
COMMON STOCK: (continued)
		Switzerland: 8.0%
88		Givaudan	$	258,805	0.5
694		Kuehne & Nagel International AG		112,798	0.2
12,315		Nestle SA		1,278,849	2.6
8,461		Novartis AG		779,985	1.6
3,411		Roche Holding AG		1,051,587	2.1
1,191		Zurich Insurance Group AG		467,414	1.0
				3,949,438	8.0
		United Kingdom: 13.8%
9,798		Admiral Group PLC		270,880	0.5
39,346 (1)		Auto Trader Group PLC		285,790	0.6
65,172		Aviva PLC		339,920	0.7
47,237		BAE Systems PLC		349,810	0.7
48,099		Barclays PLC		106,309	0.2
35,641		Barratt Developments PLC		307,266	0.6
134,442		BT Group PLC		332,842	0.7
9,350		Bunzl PLC		256,593	0.5
6,060		Coca-Cola European Partners PLC - USD		305,788	0.6
15,807		Compass Group PLC		387,307	0.8
1,771		Diageo PLC		72,357	0.1
60,168		Direct Line Insurance Group PLC		237,521	0.5
39,351		Evraz PLC		188,446	0.4
30,098		GlaxoSmithKline PLC		683,809	1.4
10,205		Investec PLC - INVP - GBP		57,839	0.1
105,708		Legal & General Group PLC		383,610	0.8
91,851		Marks & Spencer Group PLC		230,740	0.5
3,762		Next PLC		328,706	0.6
11,497		Persimmon PLC		380,183	0.8
9,516		Relx PLC (GBP Exchange)		230,369	0.5
110,384		Royal Bank of Scotland Group PLC		322,814	0.6
7,837		Sage Group PLC/The		76,309	0.1
58,576		Taylor Wimpey PLC		131,946	0.3
5,900		Unilever PLC		349,500	0.7
96,570		WM Morrison Supermarkets PLC		247,627	0.5
				6,864,281	13.8
	Total Common Stock (Cost $47,160,092)			48,477,569	97.8
EXCHANGE-TRADED FUNDS: 0.2%
1,305		iShares MSCI EAFE ETF		88,975	0.2
	Total Exchange-Traded Funds (Cost $86,000)			88,975	0.2
	Total Long-Term Investments (Cost $47,246,092)			48,566,544	98.0
SHORT-TERM INVESTMENTS: 0.9%
		Mutual Funds: 0.9%
424,000 (2)		Goldman Sachs Financial Square Government Fund - Institutional Shares, 1.530%
		(Cost $424,000)	$	424,000	0.9
	Total Short-Term Investments (Cost $424,000)			424,000	0.9
	Total Investments in Securities (Cost $47,670,092)		$	48,990,544	98.9
	Assets in Excess of Other Liabilities			552,499	1.1
	Net Assets		$	49,543,043	100.0

(1)	Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers.
(2)	Rate shown is the 7-day yield as of November 30, 2019.

Sector Diversification	Percentage of Net Assets
Financials		17.7	%
Industrials		17.0
Consumer Staples		12.4
Health Care		10.7
Consumer Discretionary		8.9
Communication Services		7.3
Materials		5.6
Information Technology		5.0
Utilities		4.7
Real Estate		4.5
Energy		4.0
Exchange-Traded Funds		0.2
Short-Term Investments		0.9
Assets in Excess of Other Liabilities		1.1
Net Assets		100.0	%

Fair Value Measurements

The following is a summary of the fair valuations according to the inputs used as of November 30, 2019 in valuing the assets and liabilities:

Voya International High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of November 30, 2019 (Unaudited)(Continued)

	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, 2019
Asset Table
Investments, at fair value
Common Stock
Australia	$	–	$	3,995,093		$	–	$	3,995,093
Belgium		157,062		–			–		157,062
China		–		185,141			–		185,141
Denmark		1,672,631		–			–		1,672,631
Finland		1,696,211		–			–		1,696,211
France		450,260		3,594,852			–		4,045,112
Germany		419,629		2,332,429			–		2,752,058
Hong Kong		–		1,422,721			–		1,422,721
Ireland		53,545		–			–		53,545
Israel		–		825,060			–		825,060
Italy		–		2,032,489			–		2,032,489
Japan		627,102		11,554,396			–		12,181,498
Luxembourg		–		100,941			–		100,941
Netherlands		–		3,000,895			–		3,000,895
New Zealand		–		74,641			–		74,641
Norway		–		523,110			–		523,110
Singapore		–		1,190,016			–		1,190,016
Spain		–		1,373,310			–		1,373,310
Sweden		382,316		–			–		382,316
Switzerland		–		3,949,438			–		3,949,438
United Kingdom		305,788		6,558,493			–		6,864,281
Total Common Stock		5,764,544		42,713,025			–		48,477,569
Exchange-Traded Funds		88,975		–			–		88,975
Short-Term Investments		424,000		–			–		424,000
Total Investments, at fair value	$	6,277,519	$	42,713,025		$	–	$	48,990,544
Liabilities Table
Other Financial Instruments+
Written Options	$	–	$	(140,097	)	$	–	$	(140,097	)
Total Liabilities	$	–	$	(140,097	)	$	–	$	(140,097	)

+

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 valued at the unrealized gain (loss) on the instrument.  OTC swaps and written options are valued at the fair value of the instrument.

#

The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a portion of the Fund's investments are categorized as Level 2 investments.

At November 30, 2019, the following OTC written equity options were outstanding for Voya International High Dividend Equity Income Fund:

Description	Counterparty	Put/Call	Expiration Date	Exercise Price		Number of Contracts		Notional Amount		Premiums Received		Fair Value
EURO STOXX 50® Index	BNP Paribas	Call	12/06/19	EUR	3,699.650		1,460	EUR	5,407,227	$	61,318	$	(45,436	)
FTSE 100 Index	UBS AG	Call	12/06/19	GBP	7,359.380		461	GBP	3,386,750		46,842		(28,043	)
Nikkei 225 Index	UBS AG	Call	12/06/19	JPY	23,391.870		22,272	JPY	518,801,964		64,393		(24,259	)
S&P/ASX 200 Index	UBS AG	Call	12/06/19	AUD	6,724.100		476	AUD	3,258,694		19,246		(42,359	)
										$	191,799	$	(140,097	)

Currency Abbreviations
AUD	-	Australian Dollar
EUR	-	EU Euro
GBP	-	British Pound
JPY	-	Japanese Yen

Voya International High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of November 30, 2019 (Unaudited) (Continued)

At November 30, 2019, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments at period end were:

Cost for federal income tax purposes was $47,527,060.

Net unrealized appreciation consisted of:

Gross Unrealized Appreciation	$	3,337,647
Gross Unrealized Depreciation		(1,991,550	)
Net Unrealized Appreciation	$	1,346,097