NPORT-EX 2 471439VYBalancedPt.htm

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited)

 

Shares     Value Percentage
of Net
Assets
COMMON STOCK: 38.6%
    Communication Services: 3.4%
1,997 (1) Alphabet, Inc. - Class A $   2,926,803   0.8
8,095 (1) Altice USA, Inc. 210,470   0.1
5,538 (1),(2) AMC Networks, Inc. 136,844   0.0
13,407   AT&T, Inc. 382,234   0.1
30,512   BT Group PLC 38,647   0.0
32   Cable One, Inc. 60,334   0.0
473 (1) Charter Communications, Inc. 295,313   0.1
19,049   Comcast Corp. – Class A 881,207   0.3
1,100   Dentsu Group, Inc. 32,468   0.0
9,467   Deutsche Telekom AG 157,627   0.1
9,642 (1) Facebook, Inc.- Class A 2,525,240   0.7
11,427   Fox Corp. - Class A 318,013   0.1
6,100   Hakuhodo DY Holdings, Inc. 78,881   0.0
3,978   Interpublic Group of Cos., Inc. 66,313   0.0
3,300   KDDI Corp. 83,000   0.0
500   Konami Holdings Corp. 21,629   0.0
6,781 (1) Liberty Global PLC - Class A 142,469   0.1
1,350 (1) NetFlix, Inc. 675,040   0.2
827   New York Times Co. 35,387   0.0
3,100   Nexon Co. Ltd. 77,326   0.0
300   Nintendo Co., Ltd. 170,008   0.1
15,295   Orange SA 159,307   0.1
6,719   Pearson PLC 47,662   0.0
2,674 (1) Pinterest, Inc. 110,998   0.0
2,267   Publicis Groupe 73,066   0.0
2,003   SES S.A. - Luxembourg 14,180   0.0
1,700   SoftBank Group Corp. 105,187   0.0
45,210   Spark New Zealand Ltd. 141,069   0.0
29,268   Telefonica Deutschland Holding AG 74,802   0.0
1,298   Telenet Group Holding NV 50,381   0.0
1,831   Telephone & Data Systems, Inc. 33,764   0.0
308 (1) UbiSoft Entertainment 27,760   0.0
15,177   Verizon Communications, Inc. 902,880   0.3
3,014   ViacomCBS, Inc. - Class B 84,422   0.0
112,228   Vodafone Group PLC 148,751   0.1
2,167   Walt Disney Co. 268,881   0.1
7,657 (1) Yelp, Inc. 153,829   0.1
      11,712,192   3.4
         
    Consumer Discretionary: 4.6%
2,084   Aarons, Inc. 118,059   0.0
1,500   ABC-Mart, Inc. 78,099   0.0
239 (1) Adidas AG 77,184   0.0
999 (1) Adtalem Global Education, Inc. 24,515   0.0
1,476 (1) Amazon.com, Inc. 4,647,525   1.3
2,166 (2) American Eagle Outfitters, Inc. 32,078   0.0
2,297   Aristocrat Leisure Ltd. 50,094   0.0
485 (1) Autonation, Inc. 25,671   0.0
156 (1) Autozone, Inc. 183,712   0.1
2,944   Barratt Developments PLC 18,055   0.0
1,700   Benesse Holdings, Inc. 43,756   0.0
1,410   Best Buy Co., Inc. 156,919   0.1
4,030   BorgWarner, Inc. 156,122   0.1
1,170   Boyd Gaming Corp. 35,907   0.0
494   Brunswick Corp. 29,102   0.0
1,167 (1) Caesars Entertainment, Inc. 65,422   0.0
609 (1) Carmax, Inc. 55,973   0.0
207   Carter's, Inc. 17,922   0.0
247 (1) Carvana Co. 55,096   0.0
37 (1) Chipotle Mexican Grill, Inc. 46,017   0.0
1,485   Cie Generale des Etablissements Michelin SCA 159,412   0.1
2,751   Compass Group PLC 41,325   0.0
2,133   Crown Resorts Ltd. 13,550   0.0
8,964   Dana, Inc. 110,436   0.0
1,699 (1) Deckers Outdoor Corp. 373,797   0.1
400   Denso Corp. 17,533   0.0
1,293 (2) Dick's Sporting Goods, Inc. 74,839   0.0
883   Dollar General Corp. 185,094   0.1
486   Domino's Pizza, Inc. 206,686   0.1
445   Dunkin Brands Group, Inc. 36,450   0.0
2,237   eBay, Inc. 116,548   0.0
848 (1) Etsy, Inc. 103,142   0.0
913 (3) Evolution Gaming Group AB 60,325   0.0
14,549   Extended Stay America, Inc. 173,861   0.1
3,226 (1) Fiat Chrysler Automobiles NV 39,599   0.0
170 (1) Five Below, Inc. 21,590   0.0
752   Foot Locker, Inc. 24,839   0.0
10,830   Gentex Corp. 278,872   0.1
270,600   Genting Singapore Ltd. 133,574   0.1
377 (1) Grand Canyon Education, Inc. 30,137   0.0
411 (1) GrubHub, Inc. 29,728   0.0
1,718   H&R Block, Inc. 27,986   0.0
143 (1) Helen of Troy Ltd. 27,673   0.0
600   Hikari Tsushin, Inc. 143,153   0.1
2,090   Hilton Worldwide Holdings, Inc. 178,319   0.1
4,180   Home Depot, Inc. 1,160,828   0.3
265   Jack in the Box, Inc. 21,017   0.0
4,100   JTEKT Corp. 32,160   0.0
3,876   KB Home 148,800   0.1
125   Kering SA 82,918   0.0
5,723   Kingfisher PLC 21,922   0.0
4,411   Kohl's Corp. 81,736   0.0
278   Lear Corp. 30,316   0.0
3,773   Lennar Corp. - Class A 308,179   0.1
589   Lithia Motors, Inc. 134,257   0.1
2,669 (1) LKQ Corp. 74,011   0.0
927   LVMH Moet Hennessy Louis Vuitton SE 433,746   0.1
1,300   Marui Group Co., Ltd. 24,946   0.0
717 (1),(2) Mattel, Inc. 8,389   0.0
1,723   McDonald's Corp. 378,181   0.1
2,200   McDonald's Holdings Co. Japan Ltd. 107,004   0.0
612 (1) Moncler SpA 25,044   0.0
3,296   Nike, Inc. - Class B 413,780   0.1
800   Nitori Co., Ltd. 165,962   0.1
25 (1) NVR, Inc. 102,078   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

226 (1) Ollie's Bargain Outlet Holdings, Inc. 19,741   0.0
1,278 (1) Penn National Gaming, Inc. 92,911   0.0
1,191   Persimmon PLC 37,955   0.0
8,602 (1) Peugeot S.A. 155,994   0.1
303   Pool Corp. 101,366   0.0
855 (1) Prosus NV 78,919   0.0
1,970   Pulte Group, Inc. 91,191   0.0
4,700   Rakuten, Inc. 50,680   0.0
516 (1) Renault S.A. 13,386   0.0
134 (1),(2) RH 51,271   0.0
2,322 (1) Scientific Games Corp. 81,061   0.0
5,300 (2) Sekisui House Ltd. 93,920   0.0
7,533   Service Corp. International 317,742   0.1
1,959 (1) Skechers USA, Inc. 59,201   0.0
4,100   Sony Corp. 314,232   0.1
2,300   Stanley Electric Co., Ltd. 66,284   0.0
10,400   Sumitomo Electric Industries Ltd. 117,076   0.1
2,881   Target Corp. 453,527   0.1
8,334 (1) Taylor Morrison Home Corp. 204,933   0.1
185 (1) Tempur Sealy International, Inc. 16,500   0.0
211   Texas Roadhouse, Inc. 12,827   0.0
1,330   Thor Industries, Inc. 126,696   0.1
334   Toll Brothers, Inc. 16,252   0.0
151 (1) TopBuild Corp. 25,774   0.0
1,500   Toyota Motor Corp. 99,555   0.0
1,732   Tractor Supply Co. 248,265   0.1
8,632 (1) TRI Pointe Group, Inc. 156,584   0.1
575 (1) Ulta Beauty, Inc. 128,789   0.1
418 (1) Urban Outfitters, Inc. 8,699   0.0
1,639   Wendy's Company 36,542   0.0
545   Williams-Sonoma, Inc. 49,290   0.0
169   Wingstop, Inc. 23,094   0.0
1,719   Wyndham Destinations, Inc. 52,876   0.0
508   Wyndham Hotels & Resorts, Inc. 25,654   0.0
11,600   Yamada Denki Co., Ltd. 57,848   0.0
3,321   Yum! Brands, Inc. 303,207   0.1
209 (1),(3) Zalando SE 19,527   0.0
      16,090,339   4.6
         
    Consumer Staples: 3.0%
1,174 (1) a2 Milk Co. Ltd. 11,948   0.0
11,788 (1),(2) Albertsons Cos, Inc. 163,264   0.1
13,817   Altria Group, Inc. 533,889   0.2
1,700   Asahi Group Holdings, Ltd. 59,249   0.0
1,051   Beiersdorf AG 119,329   0.0
3,782 (1) BJ's Wholesale Club Holdings, Inc. 157,142   0.1
19 (1) Boston Beer Co., Inc. 16,784   0.0
8,588   British American Tobacco PLC 308,064   0.1
1,357   Carlsberg A/S 182,818   0.1
670   Church & Dwight Co., Inc. 62,786   0.0
916   Coca-Cola Co. 45,223   0.0
322   Coca-Cola European Partners PLC - USD 12,497   0.0
2,852   Coca-Cola HBC AG 70,424   0.0
2,821   Colgate-Palmolive Co. 217,640   0.1
297   Costco Wholesale Corp. 105,435   0.0
1,115   Danone 72,225   0.0
5,757 (1) Essity AB 194,364   0.1
2,348   Flowers Foods, Inc. 57,127   0.0
3,042   General Mills, Inc. 187,630   0.1
3,345   Hershey Co. 479,472   0.1
8,793   Imperial Brands PLC 155,316   0.1
1,078   Ingredion, Inc. 81,583   0.0
6,638   J Sainsbury Plc 16,344   0.0
2,008   Kimberly-Clark Corp. 296,501   0.1
8,812   Koninklijke Ahold Delhaize NV 260,466   0.1
2,943   Kroger Co. 99,797   0.0
185   Lancaster Colony Corp. 33,078   0.0
1,700   Lawson, Inc. 81,060   0.0
567   L'Oreal S.A. 184,519   0.1
1,000   MEIJI Holdings Co., Ltd. 76,386   0.0
10,208   Mondelez International, Inc. 586,450   0.2
4,925 (1) Monster Beverage Corp. 394,985   0.1
4,498   Nestle SA 535,316   0.2
864   Nu Skin Enterprises, Inc. 43,278   0.0
1,331   Orkla ASA 13,433   0.0
7,064   PepsiCo, Inc. 979,070   0.3
246   Pernod Ricard SA 39,222   0.0
9,961   Philip Morris International, Inc. 746,975   0.2
974 (1) Pilgrim's Pride Corp. 14,576   0.0
641 (1) Post Holdings, Inc. 55,126   0.0
5,919   Procter & Gamble Co. 822,682   0.2
1,458   Reckitt Benckiser Group PLC 142,163   0.0
6,063 (1) Sprouts Farmers Market, Inc. 126,899   0.0
3,400   Sundrug Co., Ltd. 128,163   0.0
2,602   Swedish Match AB 212,757   0.1
20,586   Tesco PLC 56,474   0.0
1,100   Toyo Suisan Kaisha Ltd. 58,087   0.0
5,041   Treasury Wine Estates Ltd. 32,390   0.0
1,507   Tyson Foods, Inc. 89,636   0.0
5,403   Unilever NV 328,112   0.1
3,959   Walmart, Inc. 553,904   0.2
700   Welcia Holdings Co. Ltd. 30,697   0.0
145,000 (3) WH Group Ltd. 118,278   0.0
6,676   WM Morrison Supermarkets PLC 14,653   0.0
      10,465,686   3.0
         
    Energy: 0.8%
36,683   BP PLC 106,087   0.0
4,046   Chevron Corp. 291,312   0.1
989   Cimarex Energy Co. 24,062   0.0
9,822   ConocoPhillips 322,554   0.1
5,203   ENI S.p.A. 40,667   0.0
1,606   EOG Resources, Inc. 57,720   0.0
1,926   EQT Corp. 24,903   0.0
9,549   Equitrans Midstream Corp. 80,784   0.0
3,239   Exxon Mobil Corp. 111,195   0.0
3,100   Galp Energia SGPS SA 28,754   0.0
1,147   Hess Corp. 46,947   0.0
39,600   ENEOS Holdings, Inc. 141,288   0.1
4,078   Kinder Morgan, Inc. 50,282   0.0
867   Noble Energy, Inc. 7,413   0.0
1,850 (1) OMV AG 50,618   0.0
2,883   Phillips 66 149,455   0.1
2,262   Pioneer Natural Resources Co. 194,509   0.1
15,534   Repsol SA 104,942   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

13,502   Royal Dutch Shell PLC - Class A 168,551   0.1
7,021   Santos Ltd. 24,825   0.0
6,724   Targa Resources Corp. 94,338   0.0
23,604   TechnipFMC PLC 148,941   0.1
2,686 (2) Total SE 92,245   0.0
2,988   Valero Energy Corp. 129,440   0.0
8,841   Williams Cos., Inc. 173,726   0.1
6,485   World Fuel Services Corp. 137,417   0.0
7,267 (1) WPX Energy, Inc. 35,608   0.0
      2,838,583   0.8
         
    Financials: 4.4%
9,800   3i Group PLC 125,846   0.0
5,009 (1),(3) ABN AMRO Bank NV 41,873   0.0
5,600   AIA Group Ltd. 55,665   0.0
14   Alleghany Corp. 7,286   0.0
1,694   Allianz SE 325,131   0.1
3,085   Allstate Corp. 290,422   0.1
1,064   Ally Financial, Inc. 26,675   0.0
3,268   Ameriprise Financial, Inc. 503,632   0.2
3,897   Assicurazioni Generali S.p.A. 54,926   0.0
621   ASX Ltd. 36,307   0.0
5,064   Australia & New Zealand Banking Group Ltd. 63,179   0.0
6,081   AXA S.A. 112,548   0.0
21,513   Bank Leumi Le-Israel BM 94,708   0.0
38,900   Bank of America Corp. 937,101   0.3
723   Bank of Hawaii Corp. 36,526   0.0
1,752   Bank OZK 37,353   0.0
47,473 (1) Barclays PLC 59,890   0.0
3,831 (1) Berkshire Hathaway, Inc. – Class B 815,773   0.2
535   BlackRock, Inc. 301,499   0.1
3,480 (1) BNP Paribas 125,888   0.1
25,500   BOC Hong Kong Holdings Ltd. 67,600   0.0
4,937 (1) Brighthouse Financial, Inc. 132,855   0.0
452   Brown & Brown, Inc. 20,462   0.0
4,861   Capital One Financial Corp. 349,311   0.1
2,138   Cathay General Bancorp. 46,352   0.0
918   CIT Group, Inc. 16,258   0.0
12,764   Citigroup, Inc. 550,256   0.2
893   Citizens Financial Group, Inc. 22,575   0.0
1,597   CNO Financial Group, Inc. 25,616   0.0
7,111 (1) CNP Assurances 89,181   0.0
413   Commerce Bancshares, Inc. 23,248   0.0
1,011   Commonwealth Bank of Australia 46,523   0.0
17,083   Credit Suisse Group AG 170,535   0.1
5,959   CaixaBank SA 12,650   0.0
3,600   Dai-ichi Life Holdings, Inc. 50,797   0.0
8,734 (1) Deutsche Bank AG 73,623   0.0
726   Deutsche Boerse AG 127,283   0.1
40,837   Direct Line Insurance Group PLC 142,428   0.1
2,407   East West Bancorp, Inc. 78,805   0.0
771   Essent Group Ltd. 28,535   0.0
655   Evercore, Inc. 42,876   0.0
223   Factset Research Systems, Inc. 74,678   0.0
798   Fifth Third Bancorp 17,013   0.0
7,948 (1) FinecoBank Banca Fineco SpA 109,474   0.0
1,262   First American Financial Corp. 64,248   0.0
40   First Citizens BancShares, Inc. 12,751   0.0
4,412   First Horizon National Corp. 41,605   0.0
1,113   Globe Life, Inc. 88,929   0.0
897   Goldman Sachs Group, Inc. 180,270   0.1
1,221   Hancock Whitney Corp. 22,967   0.0
2,744   Hanover Insurance Group, Inc. 255,686   0.1
6,000   Hartford Financial Services Group, Inc. 221,160   0.1
55,202   HSBC Holdings PLC 215,965   0.1
18,819 (1) ING Groep NV 134,310   0.1
4,179   Insurance Australia Group Ltd. 13,224   0.0
2,775   Intercontinental Exchange, Inc. 277,639   0.1
9,340   International Bancshares Corp. 243,400   0.1
13,145   JPMorgan Chase & Co. 1,265,469   0.4
119   Kemper Corp. 7,953   0.0
62,979 (1) Lloyds Banking Group Plc 21,380   0.0
1,388   London Stock Exchange Group PLC 159,228   0.1
2,941   LPL Financial Holdings, Inc. 225,486   0.1
936   Macquarie Group Ltd. 81,137   0.0
16,070   Mapfre SA 25,212   0.0
124   MarketAxess Holdings, Inc. 59,717   0.0
56,020   Medibank Pvt Ltd. 101,082   0.0
1,680   Mediobanca Banca di Credito Finanziario SpA 13,164   0.0
8,946   Metlife, Inc. 332,523   0.1
8,502   MGIC Investment Corp. 75,328   0.0
55,900 (2) Mitsubishi UFJ Financial Group, Inc. 223,090   0.1
9,700   Mitsubishi UFJ Lease & Finance Co., Ltd. 45,070   0.0
391   Moody's Corp. 113,331   0.0
129   MSCI, Inc. - Class A 46,025   0.0
2,773   Nasdaq, Inc. 340,275   0.1
2,447   National Australia Bank Ltd. 31,437   0.0
5,587 (1) Natixis SA 12,556   0.0
4,587   Navient Corp. 38,760   0.0
6,787   New Residential Investment Corp. 53,957   0.0
5,834   Old Republic International Corp. 85,993   0.0
5,200   ORIX Corp. 64,949   0.0
5,514   Popular, Inc. 199,993   0.1
689   Primerica, Inc. 77,953   0.0
2,174   Progressive Corp. 205,813   0.1
143   Prosperity Bancshares, Inc. 7,412   0.0
850   Reinsurance Group of America, Inc. 80,912   0.0
83   RenaissanceRe Holdings Ltd. 14,088   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

90,697 (1) Natwest Group PLC 124,206   0.0
20,959   RSA Insurance Group PLC 122,377   0.0
2,307   S&P Global, Inc. 831,904   0.3
1,364 (1) SCOR SE 37,977   0.0
1,825   SEI Investments Co. 92,564   0.0
702   Selective Insurance Group 36,146   0.0
1,500   Shinsei Bank Ltd. 18,521   0.0
806   Signature Bank 66,890   0.0
5,499   SLM Corp. 44,487   0.0
6,480 (1) Standard Chartered PLC 29,818   0.0
2,771   State Street Corp. 164,403   0.1
1,223   Sterling Bancorp 12,866   0.0
2,320   Stifel Financial Corp. 117,299   0.0
7,600 (2) Sumitomo Mitsui Financial Group, Inc. 212,502   0.1
2,600   Sumitomo Mitsui Trust Holdings, Inc. 69,170   0.0
630   Synchrony Financial 16,487   0.0
1,653   Synovus Financial Corp. 34,994   0.0
2,200 (2) T&D Holdings, Inc. 21,688   0.0
2,674   T. Rowe Price Group, Inc. 342,860   0.1
600 (2) Tokyo Century Corp. 32,704   0.0
999   UMB Financial Corp. 48,961   0.0
3,951   Unum Group 66,495   0.0
1,657   Webster Financial Corp. 43,761   0.0
7,479   Wells Fargo & Co. 175,831   0.1
11,113   Westpac Banking Corp. 135,126   0.1
270   Wintrust Financial Corp. 10,814   0.0
1,107   Zions Bancorp NA 32,347   0.0
516   Zurich Insurance Group AG 179,937   0.1
      15,275,744   4.4
         
    Health Care: 5.4%
442   Abbott Laboratories 48,103   0.0
4,335   AbbVie, Inc. 379,703   0.1
179 (1) Acadia Pharmaceuticals, Inc. 7,384   0.0
1,095   Agilent Technologies, Inc. 110,529   0.0
723 (1) Alexion Pharmaceuticals, Inc. 82,733   0.0
1,700   Alfresa Holdings Corp. 37,235   0.0
437 (1) Align Technology, Inc. 143,056   0.1
620 (1) Alkermes PLC 10,273   0.0
352 (1) Amedisys, Inc. 83,223   0.0
2,728   Amgen, Inc. 693,348   0.2
1,620   Anthem, Inc. 435,116   0.1
224 (1) Arrowhead Pharmaceuticals, Inc. 9,645   0.0
14,400   Astellas Pharma, Inc. 214,655   0.1
1,190   AstraZeneca PLC 130,025   0.0
1,850   Baxter International, Inc. 148,777   0.1
989   Bayer AG 61,016   0.0
996 (1) Biogen, Inc. 282,545   0.1
446 (1) Bio-Rad Laboratories, Inc. 229,895   0.1
187   Bio-Techne Corp. 46,326   0.0
7,140 (1) Boston Scientific Corp. 272,819   0.1
11,124   Bristol-Myers Squibb Co. 670,666   0.2
556   Bruker Corp. 22,101   0.0
1,505   Cantel Medical Corp. 66,130   0.0
3,471 (1) Centene Corp. 202,463   0.1
710 (1) Charles River Laboratories International, Inc. 160,779   0.1
250   Chemed Corp. 120,088   0.0
2,217   Cigna Corp. 375,582   0.1
288   Cochlear Ltd. 41,146   0.0
570   CSL Ltd. 117,743   0.0
965   CVS Health Corp. 56,356   0.0
541 (1) DexCom, Inc. 223,016   0.1
179   DiaSorin SpA 36,014   0.0
6,922 (1) Edwards Lifesciences Corp. 552,514   0.2
2,874   Eli Lilly & Co. 425,409   0.1
287 (1) Emergent Biosolutions, Inc. 29,656   0.0
208   Encompass Health Corp. 13,516   0.0
3,559 (1) Exelixis, Inc. 87,018   0.0
1,533   Fisher & Paykel Healthcare Corp. Ltd. 33,834   0.0
243 (1) Genmab A/S 88,186   0.0
1,436   Gilead Sciences, Inc. 90,741   0.0
14,115   GlaxoSmithKline PLC 264,622   0.1
536 (1) Globus Medical, Inc. 26,543   0.0
258 (1) Haemonetics Corp. 22,511   0.0
466   HCA Healthcare, Inc. 58,101   0.0
194 (1) HealthEquity, Inc. 9,966   0.0
504   Hill-Rom Holdings, Inc. 42,089   0.0
1,300   Hoya Corp. 146,791   0.1
1,123   Humana, Inc. 464,798   0.1
459 (1) Illumina, Inc. 141,868   0.0
2,908 (1) Incyte Corp., Ltd. 260,964   0.1
594 (1) Jazz Pharmaceuticals PLC 84,698   0.0
5,042   Johnson & Johnson 750,653   0.2
1,547 (1) Koninklijke Philips NV 73,048   0.0
234 (1) LHC Group, Inc. 49,739   0.0
73 (1),(2) Ligand Pharmaceuticals, Inc. 6,958   0.0
238   Lonza Group AG 146,878   0.1
916 (1) Masimo Corp. 216,231   0.1
676   McKesson Corp. 100,677   0.0
8,400   Medipal Holdings Corp. 168,439   0.1
106 (1) Medpace Holdings, Inc. 11,846   0.0
9,193   Medtronic PLC 955,337   0.3
10,309   Merck & Co., Inc. 855,132   0.3
467   Merck KGaA 68,086   0.0
1,266 (1) Molina Healthcare, Inc. 231,729   0.1
500   Nippon Shinyaku Co., Ltd. 41,167   0.0
3,835   Novartis AG 332,971   0.1
6,073   Novo Nordisk A/S 420,765   0.1
829 (1) Novocure Ltd. 92,276   0.0
149 (1) NuVasive, Inc. 7,237   0.0
3,400   Olympus Corp. 70,706   0.0
609   Orion Oyj 27,592   0.0
627   Patterson Cos., Inc. 15,114   0.0
16,428   Pfizer, Inc. 602,908   0.2
532 (1) PRA Health Sciences, Inc. 53,966   0.0
3,543 (1) Prestige Consumer Healthcare, Inc. 129,036   0.0
314 (1) Quidel Corp. 68,885   0.0
417 (1) Regeneron Pharmaceuticals, Inc. 233,428   0.1
124 (1) Repligen Corp. 18,295   0.0
1,940   Roche Holding AG 664,529   0.2
2,185   Sanofi 218,964   0.1
800   Santen Pharmaceutical Co., Ltd. 16,357   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

362   Sartorius Stedim Biotech 124,950   0.0
300   Shionogi & Co., Ltd. 16,057   0.0
3,529   Smith & Nephew PLC 69,131   0.0
1,100   Sumitomo Dainippon Pharma Co. Ltd. 14,495   0.0
600   Suzuken Co., Ltd. 22,887   0.0
1,405 (1) Tenet Healthcare Corp. 34,437   0.0
1,252   Thermo Fisher Scientific, Inc. 552,783   0.2
1,806   UCB S.A. 205,115   0.1
341 (1) United Therapeutics Corp. 34,441   0.0
4,064   UnitedHealth Group, Inc. 1,267,033   0.4
1,032 (1) Veeva Systems, Inc. 290,188   0.1
1,766 (1) Vertex Pharmaceuticals, Inc. 480,564   0.1
87   West Pharmaceutical Services, Inc. 23,916   0.0
1,567   Zimmer Biomet Holdings, Inc. 213,331   0.1
2,247   Zoetis, Inc. 371,586   0.1
      18,732,178   5.4
         
    Industrials: 4.1%
1,162   ACS Actividades de Construccion y Servicios SA 26,267   0.0
2,392   Acuity Brands, Inc. 244,821   0.1
323   Adecco Group AG 17,043   0.0
963 (1) AECOM 40,292   0.0
638   AGCO Corp. 47,384   0.0
7,883   Allison Transmission Holdings, Inc. 277,009   0.1
4,418   Ametek, Inc. 439,149   0.1
1,384   Andritz AG 42,718   0.0
2,615   AO Smith Corp. 138,072   0.0
16   AP Moller - Maersk A/S - Class B 25,294   0.0
986   Armstrong World Industries, Inc. 67,847   0.0
922 (1) ASGN, Inc. 58,602   0.0
5,044   Ashtead Group PLC 181,642   0.1
2,805   Atlas Copco AB - A Shares 133,739   0.1
34,629   Aurizon Holdings Ltd. 106,532   0.0
272 (1) Axon Enterprise, Inc. 24,670   0.0
6,637   Brambles Ltd. 50,395   0.0
261   Brink's Co. 10,724   0.0
1,492 (1) Builders FirstSource, Inc. 48,669   0.0
1,366   Carlisle Cos., Inc. 167,157   0.1
1,959 (1) Cie de Saint-Gobain 82,057   0.0
12,500   CK Hutchison Holdings Ltd. 75,747   0.0
356 (1) Clean Harbors, Inc. 19,947   0.0
3,083 (1) Copart, Inc. 324,208   0.1
266 (1) CoStar Group, Inc. 225,704   0.1
4,853   Crane Co. 243,281   0.1
583   CSX Corp. 45,282   0.0
273   Cummins, Inc. 57,647   0.0
1,851   Curtiss-Wright Corp. 172,624   0.1
1,500   Dai Nippon Printing Co., Ltd. 30,405   0.0
800   Daikin Industries Ltd. 147,819   0.1
2,154 (1),(2) Deutsche Lufthansa AG 18,658   0.0
5,251   Deutsche Post AG 238,269   0.1
231 (1) Dycom Industries, Inc. 12,201   0.0
2,064 (1) Eiffage SA 168,454   0.1
1,285   EMCOR Group, Inc. 87,007   0.0
4,263   Epiroc AB - A Shares 61,755   0.0
183   FedEx Corp. 46,028   0.0
182   Ferguson PLC 18,315   0.0
3,557   Fortive Corp. 271,079   0.1
2,015   Fortune Brands Home & Security, Inc. 174,338   0.1
309 (1) FTI Consulting, Inc. 32,745   0.0
500   Fuji Electric Co. Ltd. 15,850   0.0
1,301   GEA Group AG 45,585   0.0
75   Geberit AG - Reg 44,372   0.0
453 (1) Generac Holdings, Inc. 87,719   0.0
461   Graco, Inc. 28,282   0.0
12,170   GrafTech International Ltd. 83,243   0.0
1,588   Heico Corp. - HEI 166,200   0.1
1,379   Herman Miller, Inc. 41,591   0.0
540   Hochtief AG 41,920   0.0
5,158   Honeywell International, Inc. 849,058   0.3
400   Hoshizaki Corp. 31,919   0.0
673   Hubbell, Inc. 92,093   0.0
3,837 (1) IAA, Inc. 199,793   0.1
668   IDEX Corp. 121,850   0.0
1,185   Intertek Group PLC 96,692   0.0
2,100 (2) Itochu Corp. 53,772   0.0
2,518   ITT, Inc. 148,688   0.0
1,700 (1) Japan Airlines Co. Ltd. 31,708   0.0
1,053 (1) JetBlue Airways Corp. 11,930   0.0
1,400   JGC Holdings Corp. 14,521   0.0
8,100   Kamigumi Co., Ltd. 159,613   0.1
1,607   Kansas City Southern 290,594   0.1
796   KION Group AG 67,970   0.0
4,130 (2) Knight-Swift Transportation Holdings, Inc. 168,091   0.1
821   L3Harris Technologies, Inc. 139,439   0.0
2,192   Legrand S.A. 174,592   0.1
87   Lennox International, Inc. 23,717   0.0
5,200   LIXIL Group Corp. 105,104   0.0
542   Lockheed Martin Corp. 207,738   0.1
552   Manpowergroup, Inc. 40,478   0.0
21,400   Marubeni Corp. 121,497   0.0
6,596   Masco Corp. 363,637   0.1
902 (1) Mastec, Inc. 38,064   0.0
128 (1) Mercury Systems, Inc. 9,915   0.0
398 (1) Middleby Corp. 35,705   0.0
8,000 (2) Mitsubishi Corp. 191,483   0.1
1,400   Miura Co., Ltd. 68,669   0.0
311   MSA Safety, Inc. 41,727   0.0
1,017   MSC Industrial Direct Co. 64,356   0.0
1,400   Nihon M&A Center, Inc. 80,093   0.0
334   Nordson Corp. 64,068   0.0
9,932   nVent Electric PLC 175,697   0.1
751   Old Dominion Freight Line 135,871   0.0
697   Owens Corning, Inc. 47,960   0.0
397   Parker Hannifin Corp. 80,329   0.0
5,756 (1) Qantas Airways Ltd. 16,880   0.0
868   Quanta Services, Inc. 45,882   0.0
4,764   Regal Beloit Corp. 447,197   0.1
3,790   Relx PLC (GBP Exchange) 84,359   0.0
1,942   Republic Services, Inc. 181,286   0.1
1,260   Roper Technologies, Inc. 497,839   0.2
330   Ryder System, Inc. 13,939   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

11,861 (1) Sandvik AB 231,946   0.1
2,049   Schneider Electric SE 254,690   0.1
2,100   Secom Co., Ltd. 192,183   0.1
549   Siemens AG 69,333   0.0
275 (1) Siemens Energy AG 7,402   0.0
3,063   SKF AB - B Shares 63,191   0.0
1,300   Sohgo Security Services Co., Ltd. 61,927   0.0
7,100 (2) Sumitomo Corp. 85,587   0.0
546 (1) Sunrun, Inc. 42,080   0.0
698   Tetra Tech, Inc. 66,659   0.0
1,730   Timken Co. 93,801   0.0
677   Toro Co. 56,834   0.0
1,700   Toshiba Corp. 43,366   0.0
433   Trane Technologies PLC 52,501   0.0
1,130   TransUnion 95,067   0.0
288 (1) Trex Co., Inc. 20,621   0.0
2,794   Union Pacific Corp. 550,055   0.2
8,926 (1) Univar Solutions, Inc. 150,671   0.1
70   Valmont Industries, Inc. 8,693   0.0
2,839   Waste Management, Inc. 321,290   0.1
30   Watsco, Inc. 6,987   0.0
5,698   Werner Enterprises, Inc. 239,259   0.1
2,714   Wolters Kluwer NV 231,512   0.1
109   Woodward, Inc. 8,737   0.0
409 (1) XPO Logistics, Inc. 34,626   0.0
3,000   Yamato Holdings Co., Ltd. 79,027   0.0
62,900   Yangzijiang Shipbuilding Holdings Ltd. 45,948   0.0
      14,206,164   4.1
         
    Information Technology: 8.7%
1,835 (1) Adobe, Inc. 899,939   0.3
1,855 (1) Advanced Micro Devices, Inc. 152,091   0.1
1,726 (1) Akamai Technologies, Inc. 190,792   0.1
181   Alliance Data Systems Corp. 7,598   0.0
6,065   Amdocs Ltd. 348,192   0.1
2,119 (1) Anaplan, Inc. 132,607   0.0
48,709   Apple, Inc. 5,640,989   1.6
7,839   Applied Materials, Inc. 466,029   0.1
1,285 (1) Arrow Electronics, Inc. 101,078   0.0
7,100   ASM Pacific Technology Ltd. 72,684   0.0
961   ASML Holding NV 354,970   0.1
681 (1) Avalara, Inc. 86,719   0.0
1,372   Avnet, Inc. 35,453   0.0
123   Blackbaud, Inc. 6,867   0.0
2,053   Booz Allen Hamilton Holding Corp. 170,358   0.1
357   Broadcom, Inc. 130,062   0.0
1,456 (1) CACI International, Inc. 310,361   0.1
7,675 (1) Cadence Design Systems, Inc. 818,385   0.2
446   Capgemini SE 57,220   0.0
1,319   CDW Corp. 157,660   0.1
319 (1) Ceridian HCM Holding, Inc. 26,365   0.0
818 (1) Check Point Software Technologies 98,438   0.0
4,561 (1) Ciena Corp. 181,026   0.1
595 (1) Cirrus Logic, Inc. 40,133   0.0
20,365   Cisco Systems, Inc. 802,177   0.2
680   Cognex Corp. 44,268   0.0
2,836   Cognizant Technology Solutions Corp. 196,875   0.1
808 (1) Commvault Systems, Inc. 32,966   0.0
125 (1) Cree, Inc. 7,968   0.0
925 (1) CyberArk Software Ltd. 95,664   0.0
1,884   Dolby Laboratories, Inc. 124,872   0.0
13,408 (1) Dropbox, Inc. 258,238   0.1
2,757   DXC Technology Co. 49,212   0.0
830 (1),(2) Enphase Energy, Inc. 68,550   0.0
1,660 (1) Euronet Worldwide, Inc. 151,226   0.1
2,271 (1) F5 Networks, Inc. 278,811   0.1
199 (1) Fair Isaac Corp. 84,651   0.0
4,114 (1) FireEye, Inc. 50,787   0.0
1,878 (1) Fortinet, Inc. 221,247   0.1
400   Fuji Film Holdings Corp. 19,717   0.0
200   Fujitsu Ltd. 27,323   0.0
3,457 (1) GoDaddy, Inc. 262,628   0.1
6,600   Hitachi Ltd. 223,472   0.1
211 (1) HubSpot, Inc. 61,661   0.0
472 (1) II-VI, Inc. 19,144   0.0
795   Infineon Technologies AG 22,408   0.0
12,665   Intel Corp. 655,794   0.2
2,149   Intuit, Inc. 701,025   0.2
1,500   Itochu Techno-Solutions Corp. 56,903   0.0
397 (1) j2 Global, Inc. 27,480   0.0
1,811   Jabil, Inc. 62,045   0.0
2,392   KBR, Inc. 53,485   0.0
964 (1) Keysight Technologies, Inc. 95,224   0.0
1,486   KLA Corp. 287,898   0.1
1,565   Lam Research Corp. 519,189   0.2
1,907   Logitech International SA 147,720   0.1
824 (1) Lumentum Holdings, Inc. 61,907   0.0
1,002   Mastercard, Inc. - Class A 338,846   0.1
23,654   Microsoft Corp. 4,975,146   1.4
497   MKS Instruments, Inc. 54,287   0.0
770   Monolithic Power Systems, Inc. 215,300   0.1
1,897   National Instruments Corp. 67,723   0.0
800   NEC Corp. 46,795   0.0
2,427   NetApp, Inc. 106,400   0.0
826 (1) New Relic, Inc. 46,553   0.0
576 (1) Nice Ltd. 130,593   0.0
1,861   Nvidia Corp. 1,007,210   0.3
218 (1) Okta, Inc. 46,619   0.0
900   Otsuka Corp. 45,991   0.0
356 (1) Palo Alto Networks, Inc. 87,131   0.0
239 (1) Paylocity Holding Corp. 38,579   0.0
5,532 (1) PayPal Holdings, Inc. 1,089,970   0.3
5,613   Perspecta, Inc. 109,173   0.0
3,945 (1) Pluralsight, Inc. 67,578   0.0
2,026 (1) Proofpoint, Inc. 213,844   0.1
99 (1) PTC, Inc. 8,189   0.0
12,768 (1) Pure Storage, Inc. - Class A 196,500   0.1
5,784   Qualcomm, Inc. 680,661   0.2
1,892 (1) Qualys, Inc. 185,435   0.1
2,185   Sage Group PLC/The 20,306   0.0
1,211 (1) Salesforce.com, Inc. 304,349   0.1
1,388   SAP SE 216,138   0.1
390   Science Applications International Corp. 30,584   0.0
2,700 (2) Seiko Epson Corp. 31,051   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

2,330 (1) Semtech Corp. 123,397   0.0
216 (1) ServiceNow, Inc. 104,760   0.0
2,026 (1) Silicon Laboratories, Inc. 198,244   0.1
3,158 (1),(2) Slack Technologies, Inc. 84,824   0.0
381 (1) SolarEdge Technologies, Inc. 90,811   0.0
6,703   STMicroelectronics NV-STM1 205,582   0.1
17,437   Switch, Inc. 272,192   0.1
449 (1) Synaptics, Inc. 36,109   0.0
194   SYNNEX Corp. 27,172   0.0
2,225 (1) Synopsys, Inc. 476,106   0.1
200   TDK Corp. 21,839   0.0
827 (1) TeamViewer AG 40,788   0.0
20,750 (2) Telefonaktiebolaget LM Ericsson 227,072   0.1
3,774   Teradyne, Inc. 299,882   0.1
2,267   Texas Instruments, Inc. 323,705   0.1
5,600   TIS, Inc. 118,944   0.0
1,500   Trend Micro, Inc. 91,408   0.0
1,414 (1) Trimble, Inc. 68,862   0.0
292   Universal Display Corp. 52,776   0.0
2,625   Visa, Inc. - Class A 524,921   0.2
8,953   Vishay Intertechnology, Inc. 139,398   0.1
1,270 (1),(2) VMware, Inc. 182,461   0.1
421 (1) WEX, Inc. 58,506   0.0
57 (1) Wix.com Ltd. 14,526   0.0
219 (1) Workday, Inc. 47,113   0.0
1,800   Yokogawa Electric Corp. 28,587   0.0
      30,479,487   8.7
         
    Materials: 1.6%
1,005   Air Products & Chemicals, Inc. 299,349   0.1
233   Akzo Nobel NV 23,550   0.0
6,868   Anglo American PLC 166,162   0.1
62   Aptargroup, Inc. 7,018   0.0
1,788 (1) ArcelorMittal SA 23,786   0.0
1,198   Arkema SA 127,018   0.1
1,931   Ashland Global Holdings, Inc. 136,947   0.0
6,724   Avient Corp. 177,917   0.0
11,457 (1) Axalta Coating Systems Ltd. 254,002   0.1
1,433   BASF SE 87,265   0.0
6,431 (1) Berry Global Group, Inc. 310,746   0.1
11,323   BHP Group Ltd. 292,514   0.1
682   Cabot Corp. 24,573   0.0
1,725   Chemours Co. 36,070   0.0
6,629   Commercial Metals Co. 132,447   0.0
5,852   CRH PLC 212,203   0.1
371   Domtar Corp. 9,746   0.0
3,049   Eastman Chemical Co. 238,188   0.1
937   Evonik Industries AG 24,239   0.0
14,310   Evraz PLC 63,721   0.0
626   FMC Corp. 66,300   0.0
7,146   Fortescue Metals Group Ltd. 83,951   0.0
647   Greif, Inc. - Class A 23,428   0.0
4,576   LafargeHolcim Ltd.-CHF 208,298   0.1
324   Huntsman Corp. 7,196   0.0
491 (1) Ingevity Corp. 24,275   0.0
675   Koninklijke DSM NV 111,127   0.0
755   LANXESS AG 43,199   0.0
789   Louisiana-Pacific Corp. 23,283   0.0
812   Minerals Technologies, Inc. 41,493   0.0
7,100   Mitsubishi Chemical Holdings Corp. 40,984   0.0
2,300   Mitsui Chemicals, Inc. 55,590   0.0
2,299   Mondi PLC 48,612   0.0
2,611   Newcrest Mining Ltd. 59,207   0.0
37   NewMarket Corp. 12,666   0.0
700   Nissan Chemical Corp. 37,317   0.0
4,222   Orica Ltd. 47,007   0.0
1,715   Packaging Corp. of America 187,021   0.1
2,483   Reliance Steel & Aluminum Co. 253,365   0.1
1,576   Rio Tinto Ltd. 107,643   0.0
1,771   Royal Gold, Inc. 212,821   0.1
3,888   RPM International, Inc. 322,082   0.1
725   Scotts Miracle-Gro Co. 110,860   0.0
1,200   Shin-Etsu Chemical Co., Ltd. 157,025   0.1
2,843   Smurfit Kappa PLC 111,554   0.1
939   Sonoco Products Co. 47,955   0.0
6,218   Steel Dynamics, Inc. 178,021   0.1
19,700   Sumitomo Chemical Co., Ltd. 65,207   0.0
3,500   Teijin Ltd. 54,279   0.0
2,401   UPM-Kymmene OYJ 73,079   0.0
634   Valvoline, Inc. 12,071   0.0
      5,474,377   1.6
         
    Real Estate: 1.4%
989   Alexandria Real Estate Equities, Inc. 158,240   0.1
349   American Campus Communities, Inc. 12,187   0.0
1,126   American Tower Corp. 272,188   0.1
2,177   Boston Properties, Inc. 174,813   0.1
3,835   British Land Co. PLC 16,718   0.0
3,214   Brixmor Property Group, Inc. 37,572   0.0
674   Camden Property Trust 59,972   0.0
57,000   CapitaLand Mall Trust 81,125   0.0
7,464 (1) CBRE Group, Inc. 350,584   0.1
19,000   CK Asset Holdings Ltd. 93,361   0.0
10,322   Corporate Office Properties Trust SBI MD 244,838   0.1
2,786   Cousins Properties, Inc. 79,652   0.0
292   CyrusOne, Inc. 20,449   0.0
3,400   Daiwa House Industry Co., Ltd. 87,201   0.0
2,037   Douglas Emmett, Inc. 51,129   0.0
703   EastGroup Properties, Inc. 90,919   0.0
1,888   First Industrial Realty Trust, Inc. 75,142   0.0
3,848   Gaming and Leisure Properties, Inc. 142,107   0.1
2,240   Geo Group, Inc./The 25,402   0.0
9   GLP J-Reit 13,852   0.0
11,500   Goodman Group 148,896   0.1
1,727   Healthpeak Properties, Inc. 46,888   0.0
8,384   Highwoods Properties, Inc. 281,451   0.1
11,800   Hongkong Land Holdings Ltd. - HKHGF 43,963   0.0
4,924   Hudson Pacific Properties, Inc. 107,983   0.0
5,493   Invitation Homes, Inc. 153,749   0.1
8   Japan Prime Realty Investment Corp. 24,821   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

578   Jones Lang LaSalle, Inc. 55,291   0.0
549   Kilroy Realty Corp. 28,526   0.0
512   Lamar Advertising Co. 33,879   0.0
3,624   Life Storage, Inc. 381,498   0.1
15,400   Link REIT 126,194   0.1
3,801   Medical Properties Trust, Inc. 67,012   0.0
1,200   Mitsubishi Estate Co., Ltd. 18,177   0.0
6,200   Mitsui Fudosan Co., Ltd. 107,890   0.0
413   National Retail Properties, Inc. 14,253   0.0
566   Omega Healthcare Investors, Inc. 16,946   0.0
873   Outfront Media, Inc. 12,702   0.0
1,321   Paramount Group, Inc. 9,353   0.0
1,363   Physicians Realty Trust 24,411   0.0
894   PotlatchDeltic Corp. 37,637   0.0
2,250   ProLogis, Inc. 226,395   0.1
793   PS Business Parks, Inc. 97,055   0.0
708   Sabra Healthcare REIT, Inc. 9,760   0.0
197   SBA Communications Corp. 62,741   0.0
3,942   Service Properties Trust 31,339   0.0
212   Spirit Realty Capital, Inc. 7,155   0.0
4,800   Sumitomo Realty & Development Co., Ltd. 142,095   0.1
2,480   Urban Edge Properties 24,106   0.0
9,210   VEREIT, Inc. 59,865   0.0
3,454   VICI Properties, Inc. 80,720   0.0
466   Weingarten Realty Investors 7,903   0.0
8,768   Weyerhaeuser Co. 250,063   0.1
      4,828,168   1.4
         
    Utilities: 1.2%
17,666   AES Corp. 319,931   0.1
6,478   AGL Energy Ltd. 63,253   0.0
2,029   American Water Works Co., Inc. 293,962   0.1
3,456   APA Group 25,691   0.0
3,520   Black Hills Corp. 188,285   0.0
12,000   CLP Holdings Ltd. 112,047   0.1
3,969   Duke Energy Corp. 351,495   0.1
6,100   Electric Power Development Co., Ltd. 94,088   0.0
1,930   Enagas 44,531   0.0
37,907   Enel S.p.A. 328,880   0.1
1,161   Entergy Corp. 114,393   0.0
744   Essential Utilities, Inc. 29,946   0.0
5,685   Evergy, Inc. 288,912   0.1
1,469   Exelon Corp. 52,531   0.0
707   Fortum OYJ 14,294   0.0
227   Idacorp, Inc. 18,137   0.0
656   MDU Resources Group, Inc. 14,760   0.0
7,302   NorthWestern Corp. 355,169   0.1
2,052   OGE Energy Corp. 61,540   0.0
7,618   PNM Resources, Inc. 314,852   0.1
31,000   Power Assets Holdings Ltd. 163,394   0.1
8,368   PPL Corp. 227,693   0.1
4,443   Red Electrica Corp. SA 83,331   0.0
12,166   Snam SpA 62,567   0.0
709   Southwest Gas Holdings, Inc. 44,738   0.0
4,222   Spire, Inc. 224,610   0.1
951   UGI Corp. 31,364   0.0
6,555   United Utilities Group PLC 72,409   0.0
4,366   Veolia Environnement 94,202   0.0
13,632   Vistra Corp. 257,100   0.1
      4,348,105   1.2
         
  Total Common Stock    
  (Cost $118,887,036) 134,451,023   38.6
       
EXCHANGE-TRADED FUNDS: 27.0%
38,587 (2) iShares 20+ Year Treasury Bond ETF 6,299,714   1.8
261,201   iShares Core MSCI Emerging Markets ETF 13,791,413   4.0
720   iShares Core S&P Mid-Cap ETF 133,423   0.0
761   iShares MSCI EAFE ETF 48,438   0.0
180,383   SPDR S&P 500 ETF Trust 60,408,463   17.4
128,154   Vanguard Value ETF 13,393,374   3.8
         
  Total Exchange-Traded Funds    
  (Cost $85,370,329) 94,074,825   27.0
       
MUTUAL FUNDS: 14.8%
    Affiliated Investment Companies: 14.8%
123,418   Voya Emerging Markets Local Currency Debt Fund - Class P 817,026   0.2
3,827,948   Voya High Yield Bond Fund - Class P 29,551,760   8.5
407,655   Voya Short Term Bond Fund - Class R6 4,052,094   1.2
1,752,788   Voya Strategic Income Opportunities Fund - Class P 17,177,326   4.9
         
  Total Mutual Funds    
  (Cost $50,931,108) 51,598,206   14.8
       
PREFERRED STOCK: 0.0%
    Consumer Discretionary: 0.0%
229 (1) Volkswagen AG 36,849   0.0
         
  Total Preferred Stock    
  (Cost $35,291) 36,849   0.0

 

Principal
Amount†		     Value Percentage
of Net
Assets
CORPORATE BONDS/NOTES: 6.3%  
    Basic Materials: 0.1%
 10,000 (3) Anglo American Capital PLC, 3.625%, 09/11/2024 10,763   0.0
 12,000 (3) Anglo American Capital PLC, 5.625%, 04/01/2030 14,758   0.0
 25,000   Dow Chemical Co., 4.375%, 11/15/2042 28,300   0.0
 34,000   Dow Chemical Co/The, 2.100%, 11/15/2030 33,524   0.0
 48,000   Dow Chemical Co/The, 3.600%, 11/15/2050 48,744   0.0
 5,000   FMC Corp., 3.450%, 10/01/2029 5,614   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 35,000 (3) Georgia-Pacific LLC, 2.300%, 04/30/2030 37,190   0.0
 19,000 (3) Glencore Funding LLC, 2.500%, 09/01/2030 18,508   0.0
 20,000   International Paper Co., 4.400%, 08/15/2047 24,417   0.0
 42,000   Mosaic Co/The, 5.450%, 11/15/2033 49,103   0.1
 13,000 (3) Newcrest Finance Pty Ltd., 3.250%, 05/13/2030 14,200   0.0
 10,000 (3) Newcrest Finance Pty Ltd., 4.200%, 05/13/2050 11,734   0.0
 3,000   Newmont Corp., 3.700%, 03/15/2023 3,157   0.0
 15,000   Nutrien Ltd., 2.950%, 05/13/2030 16,448   0.0
 13,000   Nutrien Ltd., 3.950%, 05/13/2050 14,896   0.0
 15,000   Steel Dynamics, Inc., 2.400%, 06/15/2025 15,665   0.0
      347,021   0.1
         
    Communications: 0.6%
 40,000   Alphabet, Inc., 1.900%, 08/15/2040 38,506   0.0
 29,000   Amazon.com, Inc., 2.500%, 06/03/2050 29,620   0.0
 39,000   Amazon.com, Inc., 2.700%, 06/03/2060 40,346   0.0
 37,000   AT&T, Inc., 1.650%, 02/01/2028 37,127   0.0
 41,000   AT&T, Inc., 2.750%, 06/01/2031 43,229   0.0
 51,000   AT&T, Inc., 3.100%, 02/01/2043 50,032   0.0
 20,000   AT&T, Inc., 3.500%, 06/01/2041 21,126   0.0
 165,000 (3) AT&T, Inc., 3.650%, 09/15/2059 160,150   0.1
 16,000   AT&T, Inc., 4.500%, 05/15/2035 18,913   0.0
 10,000   Booking Holdings, Inc., 4.100%, 04/13/2025 11,275   0.0
 25,000   Booking Holdings, Inc., 4.625%, 04/13/2030 29,947   0.0
 3,000   Charter Communications Operating LLC / Charter Communications Operating Capital, 3.700%, 04/01/2051 2,984   0.0
 50,000   Charter Communications Operating LLC / Charter Communications Operating Capital, 4.464%, 07/23/2022 52,959   0.0
 10,000   Charter Communications Operating LLC / Charter Communications Operating Capital, 4.800%, 03/01/2050 11,486   0.0
 72,000   Charter Communications Operating LLC / Charter Communications Operating Capital, 4.908%, 07/23/2025 83,309   0.0
 111,000   Comcast Corp., 1.950%, 01/15/2031 114,283   0.1
 38,000   Comcast Corp., 2.650%, 02/01/2030 41,507   0.0
 60,000   Comcast Corp., 3.900%, 03/01/2038 71,221   0.0
 78,000   Comcast Corp., 3.950%, 10/15/2025 89,548   0.0
 40,000   Comcast Corp., 3.999%, 11/01/2049 48,562   0.0
 25,000   Comcast Corp., 4.600%, 10/15/2038 31,910   0.0
 15,000   Corning, Inc., 5.450%, 11/15/2079 19,153   0.0
 20,000 (3) Cox Communications, Inc., 2.950%, 10/01/2050 19,235   0.0
 27,000   Discovery Communications LLC, 2.950%, 03/20/2023 28,462   0.0
 25,000   Discovery Communications LLC, 5.200%, 09/20/2047 30,018   0.0
 51,000   Fox Corp., 3.500%, 04/08/2030 57,568   0.0
 40,000   Interpublic Group of Cos, Inc./The, 3.750%, 10/01/2021 41,277   0.0
 21,000   Interpublic Group of Cos., Inc., 4.200%, 04/15/2024 23,324   0.0
 120,000 (3) NBCUniversal Enterprise, Inc., 5.250%, 12/31/2199 121,350   0.1
 200,000 (3) Tencent Holdings Ltd., 2.985%, 01/19/2023 208,691   0.1
 25,000   Time Warner Cable LLC, 5.875%, 11/15/2040 31,200   0.0
 18,000 (3) T-Mobile USA, Inc., 2.050%, 02/15/2028 18,419   0.0
 17,000 (3) T-Mobile USA, Inc., 3.000%, 02/15/2041 16,826   0.0
 17,000 (3) T-Mobile USA, Inc., 3.300%, 02/15/2051 16,799   0.0
 179,000 (3) T-Mobile USA, Inc., 3.875%, 04/15/2030 203,752   0.1
 5,000   Verizon Communications, Inc., 4.000%, 03/22/2050 6,175   0.0
 80,000   Verizon Communications, Inc., 4.812%, 03/15/2039 105,006   0.1
 14,000   ViacomCBS, Inc., 4.200%, 05/19/2032 16,025   0.0
 25,000   ViacomCBS, Inc., 4.375%, 03/15/2043 26,574   0.0
 26,000   ViacomCBS, Inc., 4.950%, 01/15/2031 31,168   0.0
 40,000   ViacomCBS, Inc., 5.500%, 05/15/2033 48,657   0.0
 8,000   Walt Disney Co/The, 2.000%, 09/01/2029 8,280   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 19,000   Walt Disney Co/The, 3.500%, 05/13/2040 21,356   0.0
 21,000   Walt Disney Co/The, 3.600%, 01/13/2051 23,737   0.0
 12,000 (2) Walt Disney Co/The, 3.800%, 05/13/2060 13,932   0.0
 39,000   Walt Disney Co/The, 4.750%, 11/15/2046 50,909   0.0
      2,215,933   0.6
         
    Consumer, Cyclical: 0.2%
 31,000 (3) Alaska Airlines 2020-1 Class A Pass Through Trust, 4.800%, 02/15/2029 32,576   0.0
 90,000 (3) BMW US Capital LLC, 3.450%, 04/12/2023 96,125   0.1
 16,387   Continental Airlines 2012-1 Class A Pass Through Trust, 4.150%, 10/11/2025 16,095   0.0
 20,000   Cummins, Inc., 2.600%, 09/01/2050 19,628   0.0
 19,972   Delta Air Lines 2002-1 Class G-1 Pass Through Trust, 6.718%, 07/02/2024 19,255   0.0
 13,000   Delta Air Lines 2020-1 Class A Pass Through Trust, 2.500%, 12/10/2029 11,724   0.0
 10,000 (3) Delta Air Lines, Inc. / SkyMiles IP Ltd., 4.500%, 10/20/2025 10,271   0.0
 11,000 (3) Delta Air Lines, Inc. / SkyMiles IP Ltd., 4.750%, 10/20/2028 11,429   0.0
 25,000   General Motors Co., 5.400%, 04/01/2048 27,664   0.0
 17,000   General Motors Co., 6.125%, 10/01/2025 19,774   0.0
 25,000   General Motors Financial Co., Inc., 3.950%, 04/13/2024 26,468   0.0
 25,000   General Motors Financial Co., Inc., 4.350%, 01/17/2027 27,203   0.0
 18,000   General Motors Financial Co., Inc., 5.200%, 03/20/2023 19,542   0.0
 33,000 (3) Harley-Davidson Financial Services, Inc., 3.350%, 06/08/2025 34,566   0.0
 15,000   Lowe's Cos, Inc., 3.700%, 04/15/2046 17,222   0.0
 34,000   Lowe's Cos, Inc., 4.050%, 05/03/2047 40,639   0.0
 30,000   McDonald's Corp., 4.450%, 09/01/2048 37,361   0.0
 17,000   Ralph Lauren Corp., 1.700%, 06/15/2022 17,309   0.0
 27,000   Toyota Motor Credit Corp., 2.150%, 02/13/2030 28,497   0.0
 48,819   United Airlines 2016-1 Class AA Pass Through Trust, 3.100%, 01/07/2030 47,985   0.0
 65,088   United Airlines 2016-2 Class AA Pass Through Trust, 2.875%, 04/07/2030 62,075   0.1
 29,000   Walgreens Boots Alliance, Inc., 3.450%, 06/01/2026 31,703   0.0
 25,000   Walgreens Boots Alliance, Inc., 4.100%, 04/15/2050 25,299   0.0
 35,000   WW Grainger, Inc., 1.850%, 02/15/2025 36,676   0.0
      717,086   0.2
         
    Consumer, Non-cyclical: 1.1%
 43,000 (3) AbbVie, Inc., 2.600%, 11/21/2024 45,645   0.0
 24,000 (3) AbbVie, Inc., 2.950%, 11/21/2026 26,180   0.0
 12,000 (3) AbbVie, Inc., 4.050%, 11/21/2039 13,742   0.0
 25,000   AbbVie, Inc., 4.300%, 05/14/2036 29,518   0.0
 33,000   AbbVie, Inc., 4.400%, 11/06/2042 39,326   0.0
 71,000   AbbVie, Inc., 4.500%, 05/14/2035 86,217   0.1
 30,000 (3) AbbVie, Inc., 4.625%, 10/01/2042 36,575   0.0
 42,000   Aetna, Inc., 2.800%, 06/15/2023 44,290   0.0
 30,000   Aetna, Inc., 4.500%, 05/15/2042 35,730   0.0
 23,000   Aetna, Inc., 6.625%, 06/15/2036 32,732   0.0
 19,000 (3) Alcon Finance Corp., 2.600%, 05/27/2030 20,133   0.0
 48,000   Altria Group, Inc., 4.400%, 02/14/2026 55,327   0.0
 56,000   Altria Group, Inc., 4.450%, 05/06/2050 62,498   0.0
 45,000   Altria Group, Inc., 4.800%, 02/14/2029 53,440   0.0
 20,000   Altria Group, Inc., 5.800%, 02/14/2039 25,578   0.0
 40,000   Amgen, Inc., 4.950%, 10/01/2041 52,982   0.0
 97,000   Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide, Inc., 4.700%, 02/01/2036 117,273   0.1
 75,000   Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide, Inc., 4.900%, 02/01/2046 93,257   0.1
 15,000   Anheuser-Busch InBev Worldwide, Inc., 5.450%, 01/23/2039 19,413   0.0
 25,000   Anthem, Inc., 3.500%, 08/15/2024 27,351   0.0
 100,000   Anthem, Inc., 5.100%, 01/15/2044 133,298   0.1
 102,000   BAT Capital Corp., 2.259%, 03/25/2028 102,420   0.1
 17,000   BAT Capital Corp., 2.726%, 03/25/2031 16,875   0.0
 17,000   BAT Capital Corp., 3.734%, 09/25/2040 16,927   0.0
 200,000 (3) Bayer US Finance LLC, 3.000%, 10/08/2021 205,191   0.1

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 59,000   Becton Dickinson and Co., 2.894%, 06/06/2022 61,051   0.0
 15,000   Becton Dickinson and Co., 3.363%, 06/06/2024 16,235   0.0
 17,000   Becton Dickinson and Co., 3.794%, 05/20/2050 19,057   0.0
 4,000   Boston Scientific Corp., 4.000%, 03/01/2029 4,654   0.0
 50,000   Bristol Myers Squibb Co., 3.875%, 08/15/2025 57,138   0.0
 30,000   Bristol Myers Squibb Co., 4.125%, 06/15/2039 37,845   0.0
 55,000   Cardinal Health, Inc., 3.079%, 06/15/2024 59,198   0.0
 48,000 (3) Cargill, Inc., 3.875%, 05/23/2049 57,858   0.0
 19,000   Cigna Corp., 4.800%, 08/15/2038 23,622   0.0
 100,000   Cigna Corp., 4.900%, 12/15/2048 130,532   0.1
 40,000   Coca-Cola Co/The, 2.500%, 06/01/2040 42,120   0.0
 28,000   Coca-Cola Co/The, 2.750%, 06/01/2060 28,341   0.0
 5,000   CVS Health Corp., 3.875%, 07/20/2025 5,643   0.0
 5,000   CVS Health Corp., 4.780%, 03/25/2038 6,066   0.0
 135,000   CVS Health Corp., 5.050%, 03/25/2048 172,236   0.1
 30,000   CVS Health Corp., 2.700%, 08/21/2040 28,826   0.0
 7,000   CVS Health Corp., 4.125%, 04/01/2040 7,991   0.0
 45,000   DENTSPLY SIRONA, Inc., 3.250%, 06/01/2030 48,970   0.0
 12,000   Diageo Capital PLC, 2.125%, 04/29/2032 12,458   0.0
 31,000   Eli Lilly and Co., 2.500%, 09/15/2060 29,293   0.0
 6,000   Equifax, Inc., 2.600%, 12/15/2025 6,435   0.0
 25,000   General Mills, Inc., 4.000%, 04/17/2025 28,397   0.0
 14,000   Gilead Sciences, Inc., 0.750%, 09/29/2023 14,031   0.0
 11,000   Gilead Sciences, Inc., 1.200%, 10/01/2027 11,029   0.0
 14,000   Gilead Sciences, Inc., 2.600%, 10/01/2040 14,001   0.0
 25,000   Global Payments, Inc., 2.650%, 02/15/2025 26,543   0.0
 75,000   Global Payments, Inc., 3.200%, 08/15/2029 82,028   0.1
 200,000   HCA, Inc., 4.500%, 02/15/2027 224,835   0.1
 22,000   HCA, Inc., 5.250%, 04/15/2025 25,407   0.0
 9,000   HCA, Inc., 5.250%, 06/15/2049 10,969   0.0
 5,000   HCA, Inc., 5.500%, 06/15/2047 6,258   0.0
 18,000 (3) Health Care Service Corp. A Mutual Legal Reserve Co., 1.500%, 06/01/2025 18,474   0.0
 8,000 (3) Health Care Service Corp. A Mutual Legal Reserve Co., 3.200%, 06/01/2050 8,320   0.0
 35,000   Humana, Inc., 4.500%, 04/01/2025 40,217   0.0
 9,000   IHS Markit Ltd., 4.250%, 05/01/2029 10,455   0.0
 15,000   Johnson & Johnson, 0.550%, 09/01/2025 15,020   0.0
 15,000   Johnson & Johnson, 0.950%, 09/01/2027 15,024   0.0
 18,000   Johnson & Johnson, 2.100%, 09/01/2040 17,953   0.0
 18,000   Johnson & Johnson, 2.250%, 09/01/2050 17,818   0.0
 55,000   Johnson & Johnson, 2.450%, 09/01/2060 55,143   0.0
 25,000   Kaiser Foundation Hospitals, 3.266%, 11/01/2049 27,993   0.0
 5,000   Keurig Dr Pepper, Inc., 4.417%, 05/25/2025 5,765   0.0
 23,000   Kroger Co/The, 5.150%, 08/01/2043 29,602   0.0
 17,000   Laboratory Corp. of America Holdings, 3.250%, 09/01/2024 18,539   0.0
 10,000   Laboratory Corp. of America Holdings, 4.000%, 11/01/2023 10,930   0.0
 25,000 (3) Mars, Inc., 0.875%, 07/16/2026 24,886   0.0
 75,000 (3) Mars, Inc., 2.375%, 07/16/2040 75,029   0.0
 42,000 (3) Mars, Inc., 4.125%, 04/01/2054 53,168   0.0
 18,000   Medtronic, Inc., 4.375%, 03/15/2035 24,168   0.0
 20,000   Mondelez International, Inc., 1.875%, 10/15/2032 19,953   0.0
 9,000   Moody's Corp., 3.250%, 05/20/2050 9,658   0.0
 4,000   Mylan NV, 3.750%, 12/15/2020 4,018   0.0
 35,000   Mylan, Inc., 5.200%, 04/15/2048 43,514   0.0
 14,000   Pfizer, Inc., 2.550%, 05/28/2040 14,498   0.0
 13,000   Pfizer, Inc., 2.700%, 05/28/2050 13,603   0.0
 19,000   Philip Morris International, Inc., 4.375%, 11/15/2041 23,195   0.0
 17,000   Quest Diagnostics, Inc., 2.800%, 06/30/2031 18,371   0.0
 40,000   Regeneron Pharmaceuticals, Inc., 1.750%, 09/15/2030 39,069   0.0
 8,000   Regeneron Pharmaceuticals, Inc., 2.800%, 09/15/2050 7,497   0.0
 10,000   RELX Capital, Inc., 3.000%, 05/22/2030 10,949   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 12,000   Reynolds American, Inc., 5.850%, 08/15/2045 14,606   0.0
 6,000   Reynolds American, Inc., 6.150%, 09/15/2043 7,561   0.0
 11,000 (3) Royalty Pharma PLC, 1.200%, 09/02/2025 10,978   0.0
 14,000 (3) Royalty Pharma PLC, 1.750%, 09/02/2027 14,010   0.0
 25,000 (3) Royalty Pharma PLC, 3.300%, 09/02/2040 24,582   0.0
 13,000   S&P Global, Inc., 2.300%, 08/15/2060 11,700   0.0
 27,000   Sysco Corp., 5.950%, 04/01/2030 34,161   0.0
 200,000   Takeda Pharmaceutical Co. Ltd., 3.025%, 07/09/2040 207,490   0.1
 19,000   UnitedHealth Group, Inc., 3.500%, 08/15/2039 21,850   0.0
 13,000   UnitedHealth Group, Inc., 3.875%, 08/15/2059 15,790   0.0
 25,000   UnitedHealth Group, Inc., 4.200%, 01/15/2047 31,653   0.0
 66,000 (3) Upjohn, Inc., 3.850%, 06/22/2040 71,351   0.0
 20,000 (3) Upjohn, Inc., 4.000%, 06/22/2050 21,405   0.0
      3,850,951   1.1
         
    Energy: 0.6%
 18,000   BP Capital Markets America, Inc., 1.749%, 08/10/2030 17,891   0.0
 48,000   BP Capital Markets America, Inc., 3.216%, 11/28/2023 51,637   0.0
 75,000   BP Capital Markets America, Inc., 3.224%, 04/14/2024 80,913   0.1
 50,000   BP Capital Markets PLC, 4.742%, 03/11/2021 50,980   0.0
 28,000 (4) BP Capital Markets PLC, 4.875%, 12/31/2199 30,030   0.0
 30,000 (3) Cheniere Corpus Christi Holdings LLC, 3.700%, 11/15/2029 31,220   0.0
 26,000   Diamondback Energy, Inc., 2.875%, 12/01/2024 26,356   0.0
 10,000   Diamondback Energy, Inc., 3.250%, 12/01/2026 10,026   0.0
 30,000   Diamondback Energy, Inc., 3.500%, 12/01/2029 29,003   0.0
 10,000   Diamondback Energy, Inc., 4.750%, 05/31/2025 10,796   0.0
 200,000   Empresa Nacional del Petroleo, 3.750%, 08/05/2026 212,691   0.1
 41,000   Enable Midstream Partners L.P., 4.150%, 09/15/2029 38,044   0.0
 38,000 (4) Enbridge, Inc., 5.750%, 07/15/2080 39,423   0.0
 5,000   Energy Transfer Operating L.P., 4.900%, 03/15/2035 4,896   0.0
 60,000   Energy Transfer Operating L.P., 5.300%, 04/15/2047 55,816   0.0
 25,000   Enterprise Products Operating LLC, 3.750%, 02/15/2025 27,775   0.0
 50,000 (4) Enterprise Products Operating LLC, 4.875%, 08/16/2077 43,638   0.0
 11,000   EOG Resources, Inc., 4.950%, 04/15/2050 13,555   0.0
 10,000   Exxon Mobil Corp., 4.227%, 03/19/2040 12,281   0.0
 2,000   Halliburton Co., 3.500%, 08/01/2023 2,120   0.0
 2,000   Halliburton Co., 3.800%, 11/15/2025 2,169   0.0
 20,000   Halliburton Co., 4.850%, 11/15/2035 21,158   0.0
 200,000 (3) KazMunayGas National Co. JSC, 4.750%, 04/24/2025 220,329   0.1
 23,000   Marathon Petroleum Corp., 4.700%, 05/01/2025 25,998   0.0
 20,000   Marathon Petroleum Corp., 5.125%, 04/01/2024 20,283   0.0
 25,000   Marathon Petroleum Corp., 5.000%, 09/15/2054 25,749   0.0
 20,000   MPLX L.P., 1.750%, 03/01/2026 19,991   0.0
 14,000   MPLX L.P., 2.650%, 08/15/2030 13,759   0.0
 20,000   MPLX L.P., 5.250%, 01/15/2025 20,736   0.0
 23,000   Newfield Exploration Co., 5.375%, 01/01/2026 21,650   0.0
 3,000   Noble Energy, Inc., 3.250%, 10/15/2029 3,324   0.0
 28,000 (2) Noble Energy, Inc., 4.950%, 08/15/2047 36,817   0.0
 44,000   ONEOK Partners L.P., 3.375%, 10/01/2022 45,735   0.0
 10,000   ONEOK, Inc., 2.200%, 09/15/2025 9,869   0.0
 200,000 (3) Petroleos del Peru SA, 4.750%, 06/19/2032 216,302   0.1
 200,000   Petroleos Mexicanos, 6.500%, 03/13/2027 186,794   0.1
 39,000   Pioneer Natural Resources Co., 1.900%, 08/15/2030 36,705   0.0
 50,000   Plains All American Pipeline L.P. / PAA Finance Corp., 3.550%, 12/15/2029 48,475   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 15,000   Plains All American Pipeline L.P. / PAA Finance Corp., 3.800%, 09/15/2030 14,574   0.0
 50,000   Plains All American Pipeline L.P. / PAA Finance Corp., 4.650%, 10/15/2025 53,746   0.0
 15,000   Sabine Pass Liquefaction LLC, 4.200%, 03/15/2028 16,293   0.0
 16,000   Sabine Pass Liquefaction LLC, 5.000%, 03/15/2027 18,016   0.0
 19,000 (3) Schlumberger Holdings Corp., 4.000%, 12/21/2025 21,275   0.0
 125,000   Shell International Finance BV, 3.250%, 05/11/2025 138,343   0.1
 25,000   Shell International Finance BV, 4.125%, 05/11/2035 30,111   0.0
 9,000   Sunoco Logistics Partners Operations L.P., 4.250%, 04/01/2024 9,447   0.0
 30,000   Total Capital International SA, 2.986%, 06/29/2041 31,372   0.0
 33,000   Total Capital International SA, 3.127%, 05/29/2050 34,249   0.0
 9,000 (3) Transcontinental Gas Pipe Line Co. LLC, 3.250%, 05/15/2030 9,741   0.0
 16,000   Valero Energy Corp., 2.850%, 04/15/2025 16,784   0.0
 30,000   Williams Cos, Inc./The, 4.000%, 09/15/2025 33,237   0.0
 8,000   Williams Cos, Inc./The, 5.400%, 03/04/2044 8,992   0.0
 23,000   Williams Partners L.P., 3.600%, 03/15/2022 23,804   0.0
 21,000   Williams Partners L.P., 3.750%, 06/15/2027 23,047   0.0
      2,247,965   0.6
         
    Financial: 2.2%
 200,000 (3) ABN AMRO Bank NV, 4.750%, 07/28/2025 225,825   0.1
 13,000   American International Group, Inc., 3.875%, 01/15/2035 14,974   0.0
 10,000   American International Group, Inc., 4.375%, 01/15/2055 11,477   0.0
 10,000   American International Group, Inc., 4.500%, 07/16/2044 11,751   0.0
 2,000   American International Group, Inc., 4.750%, 04/01/2048 2,455   0.0
 12,000 (4) American International Group, Inc., 5.750%, 04/01/2048 13,102   0.0
 34,000   Arch Capital Group Ltd., 3.635%, 06/30/2050 36,669   0.0
 31,000   Assurant, Inc., 3.700%, 02/22/2030 32,388   0.0
 61,000 (3) Athene Global Funding, 2.800%, 05/26/2023 63,649   0.0
 25,000 (3) Athene Global Funding, 2.950%, 11/12/2026 26,360   0.0
 17,000   AvalonBay Communities, Inc., 2.450%, 01/15/2031 18,204   0.0
 200,000   Banco Santander SA, 2.746%, 05/28/2025 210,488   0.1
 37,000 (4) Bank of America Corp., 0.981%, 09/25/2025 37,020   0.0
 34,000 (4) Bank of America Corp., 1.898%, 07/23/2031 33,956   0.0
 8,000 (4) Bank of America Corp., 2.592%, 04/29/2031 8,469   0.0
 73,000 (4) Bank of America Corp., 2.676%, 06/19/2041 74,854   0.0
 60,000 (4) Bank of America Corp., 3.593%, 07/21/2028 67,284   0.0
 20,000   Bank of America Corp., 3.950%, 04/21/2025 22,232   0.0
 18,000 (4) Bank of America Corp., 3.970%, 03/05/2029 20,667   0.0
 40,000 (4) Bank of America Corp., 4.078%, 04/23/2040 47,748   0.0
 13,000 (4) Bank of America Corp., 4.083%, 03/20/2051 16,152   0.0
 79,000   Bank of America Corp., 4.125%, 01/22/2024 87,555   0.1
 103,000   Bank of America Corp., 4.183%, 11/25/2027 118,322   0.1
 75,000 (4) Bank of America Corp., 4.271%, 07/23/2029 88,003   0.1
 6,000 (4) Bank of America Corp., 5.125%, 12/31/2199 6,180   0.0
 50,000 (4) Bank of Montreal, 3.803%, 12/15/2032 55,741   0.0
 25,000   Bank of Nova Scotia/The, 2.200%, 02/03/2025 26,409   0.0
 21,000   Bank of Nova Scotia/The, 2.700%, 08/03/2026 23,013   0.0
 34,000 (4) Bank of Nova Scotia/The, 4.900%, 12/31/2199 35,275   0.0
 80,000 (3) Barclays Bank PLC, 10.179%, 06/12/2021 84,176   0.0
 45,000   Berkshire Hathaway Finance Corp., 4.250%, 01/15/2049 58,769   0.0
 200,000 (3),(4) BNP Paribas SA, 2.219%, 06/09/2026 206,575   0.1
 22,000   Boston Properties L.P., 3.250%, 01/30/2031 23,756   0.0
 206,000 (3) BPCE SA, 5.700%, 10/22/2023 231,010   0.1
 23,000   Brookfield Finance LLC, 3.450%, 04/15/2050 22,657   0.0
 14,000   Brookfield Finance, Inc., 4.350%, 04/15/2030 16,319   0.0
 33,000   Brown & Brown, Inc., 2.375%, 03/15/2031 33,370   0.0
 35,000   Canadian Imperial Bank of Commerce, 2.250%, 01/28/2025 36,960   0.0
 15,000   Capital One Financial Corp., 3.650%, 05/11/2027 16,581   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 22,000   Capital One Financial Corp., 3.750%, 03/09/2027 24,451   0.0
 20,000 (4) Charles Schwab Corp./The, 5.375%, 12/31/2199 21,721   0.0
 20,000 (4) Citigroup, Inc., 1.678%, 05/15/2024 20,505   0.0
 15,000 (4) Citigroup, Inc., 2.572%, 06/03/2031 15,800   0.0
 45,000   Citigroup, Inc., 5.500%, 09/13/2025 53,277   0.0
 9,000   Columbia Property Trust Operating Partnership L.P., 3.650%, 08/15/2026 9,229   0.0
 5,000   Columbia Property Trust Operating Partnership L.P., 4.150%, 04/01/2025 5,241   0.0
 260,000   Cooperatieve Rabobank UA, 4.375%, 08/04/2025 294,815   0.1
 250,000 (3),(4) Credit Suisse Group AG, 2.193%, 06/05/2026 258,540   0.1
 26,000 (3),(4) Credit Suisse Group AG, 4.194%, 04/01/2031 30,069   0.0
 200,000 (3),(4) Danske Bank A/S, 1.621%, 09/11/2026 198,510   0.1
 200,000 (4) Deutsche Bank AG/New York NY, 3.547%, 09/18/2031 201,395   0.1
 12,000 (3) Empower Finance 2020 L.P., 1.357%, 09/17/2027 11,971   0.0
 11,000   Equinix, Inc., 1.550%, 03/15/2028 11,008   0.0
 17,000   ERP Operating L.P., 2.500%, 02/15/2030 18,069   0.0
 35,000   Essex Portfolio L.P., 3.000%, 01/15/2030 37,650   0.0
 50,000   Essex Portfolio L.P., 3.250%, 05/01/2023 52,672   0.0
 22,000   Fairfax Financial Holdings Ltd., 4.850%, 04/17/2028 24,126   0.0
 34,000 (3) Fairfax US, Inc., 4.875%, 08/13/2024 36,661   0.0
 200,000 (3) Federation des Caisses Desjardins du Quebec, 2.050%, 02/10/2025 208,922   0.1
 18,000 (3) GE Capital Funding LLC, 4.400%, 05/15/2030 19,386   0.0
 35,000   Goldman Sachs Group, Inc., 4.250%, 10/21/2025 39,809   0.0
 46,000   Goldman Sachs Group, Inc., 5.150%, 05/22/2045 60,043   0.0
 17,000   Goldman Sachs Group, Inc., 6.750%, 10/01/2037 24,654   0.0
 34,000 (3) Great-West Lifeco US Finance 2020 L.P., 0.904%, 08/12/2025 33,956   0.0
 15,000   Hartford Financial Services Group, Inc./The, 5.950%, 10/15/2036 20,607   0.0
 200,000 (4) HSBC Holdings PLC, 2.099%, 06/04/2026 202,664   0.1
 200,000 (4) HSBC Holdings PLC, 2.633%, 11/07/2025 208,447   0.1
 200,000 (4) HSBC Holdings PLC, 3.262%, 03/13/2023 206,870   0.1
 24,000   Intercontinental Exchange, Inc., 2.650%, 09/15/2040 23,848   0.0
 23,000   Intercontinental Exchange, Inc., 3.000%, 06/15/2050 23,771   0.0
 81,000 (4) JPMorgan Chase & Co., 2.182%, 06/01/2028 84,634   0.0
 41,000 (4) JPMorgan Chase & Co., 2.522%, 04/22/2031 43,752   0.0
 70,000 (4) JPMorgan Chase & Co., 3.797%, 07/23/2024 75,875   0.0
 15,000 (4) JPMorgan Chase & Co., 4.493%, 03/24/2031 18,322   0.0
 43,000 (4) JPMorgan Chase & Co., 4.600%, 12/31/2199 42,194   0.0
 19,000 (4) JPMorgan Chase & Co., 5.000%, 12/31/2199 18,984   0.0
 58,000   Kimco Realty Corp., 3.700%, 10/01/2049 57,001   0.0
 21,000 (3) KKR Group Finance Co. VII LLC, 3.625%, 02/25/2050 21,856   0.0
 30,000   Main Street Capital Corp., 5.200%, 05/01/2024 31,562   0.0
 38,000 (4) MetLife, Inc., 3.850%, 12/31/2199 37,952   0.0
 200,000   Mizuho Financial Group Cayman 2 Ltd., 4.200%, 07/18/2022 210,931   0.1
 200,000 (4) Mizuho Financial Group, Inc., 2.226%, 05/25/2026 208,131   0.1
 34,000 (4) Morgan Stanley, 2.188%, 04/28/2026 35,645   0.0
 15,000 (4) Morgan Stanley, 3.622%, 04/01/2031 17,169   0.0
 112,000   Morgan Stanley, 3.875%, 01/27/2026 127,809   0.1
 100,000   Morgan Stanley, 4.000%, 07/23/2025 112,960   0.1
 40,000 (4) Morgan Stanley, 4.457%, 04/22/2039 50,092   0.0
 55,000 (3) New York Life Global Funding, 2.875%, 04/10/2024 59,139   0.0
 25,000   Northern Trust Corp., 1.950%, 05/01/2030 26,074   0.0
 28,000 (3) Northwestern Mutual Life Insurance Co/The, 3.625%, 09/30/2059 30,713   0.0
 150,000   ORIX Corp., 3.250%, 12/04/2024 162,787   0.1
 58,000   Owl Rock Capital Corp., 4.250%, 01/15/2026 58,838   0.0
 38,000 (3) Owl Rock Technology Finance Corp., 4.750%, 12/15/2025 37,627   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 17,000 (4) PartnerRe Finance B LLC, 4.500%, 10/01/2050 17,085   0.0
 23,000   Piedmont Operating Partnership L.P., 3.150%, 08/15/2030 22,582   0.0
 30,000   Piedmont Operating Partnership L.P., 4.450%, 03/15/2024 31,835   0.0
 15,000   Prologis L.P., 3.000%, 04/15/2050 16,108   0.0
 26,000   Realty Income Corp., 3.250%, 01/15/2031 28,705   0.0
 23,000   Regency Centers L.P., 2.950%, 09/15/2029 23,831   0.0
 25,000   Regency Centers L.P., 3.700%, 06/15/2030 27,479   0.0
 20,000   Retail Properties of America, Inc., 4.750%, 09/15/2030 20,064   0.0
 70,000   Royal Bank of Canada, 0.885%, (US0003M + 0.660%), 10/05/2023 70,482   0.0
 41,000   Royal Bank of Canada, 2.250%, 11/01/2024 43,476   0.0
 200,000 (4) Natwest Group PLC, 3.073%, 05/22/2028 210,502   0.1
 40,000 (3) Scentre Group Trust 1 / Scentre Group Trust 2, 3.625%, 01/28/2026 42,855   0.0
 21,000 (4) State Street Corp., 3.031%, 11/01/2034 22,921   0.0
 34,000   Sumitomo Mitsui Financial Group, Inc., 2.142%, 09/23/2030 33,542   0.0
 8,000   Sumitomo Mitsui Financial Group, Inc., 3.010%, 10/19/2026 8,831   0.0
 25,000 (3) Teachers Insurance & Annuity Association of America, 3.300%, 05/15/2050 25,861   0.0
 8,000   Travelers Cos, Inc./The, 4.000%, 05/30/2047 9,763   0.0
 36,000 (4) Truist Financial Corp., 4.800%, 12/31/2199 36,167   0.0
 19,000 (4) Truist Financial Corp., 4.950%, 12/31/2199 20,045   0.0
 25,000 (4) Truist Financial Corp., 5.100%, 12/31/2199 27,086   0.0
 22,000   UDR, Inc., 2.100%, 08/01/2032 21,917   0.0
 52,000   UDR, Inc., 3.000%, 08/15/2031 56,276   0.0
 7,000   Ventas Realty L.P., 5.700%, 09/30/2043 8,323   0.0
 66,000 (4) Wells Fargo & Co., 1.654%, 06/02/2024 67,257   0.0
 36,000 (4) Wells Fargo & Co., 2.393%, 06/02/2028 37,602   0.0
 35,000 (4) Wells Fargo & Co., 2.406%, 10/30/2025 36,691   0.0
 21,000 (4) Wells Fargo & Co., 3.068%, 04/30/2041 21,885   0.0
 120,000   Wells Fargo & Co., 3.750%, 01/24/2024 130,483   0.1
 28,000   Wells Fargo & Co., 4.750%, 12/07/2046 35,040   0.0
 15,000   Westpac Banking Corp., 2.350%, 02/19/2025 16,024   0.0
 58,000   Willis Towers Watson PLC, 5.750%, 03/15/2021 59,298   0.0
 71,000   XLIT Ltd., 4.450%, 03/31/2025 80,365   0.0
 22,000   XLIT Ltd., 5.500%, 03/31/2045 29,158   0.0
      7,474,668   2.2
         
    Industrial: 0.3%
 8,000 (3) Aviation Capital Group LLC, 3.875%, 05/01/2023 7,922   0.0
 6,000 (3) Aviation Capital Group LLC, 4.375%, 01/30/2024 5,969   0.0
 36,000 (3) Aviation Capital Group LLC, 5.500%, 12/15/2024 37,170   0.0
 60,000 (4) BNSF Funding Trust I, 6.613%, 12/15/2055 68,554   0.1
 9,000   Boeing Co/The, 3.850%, 11/01/2048 8,257   0.0
 30,000   Boeing Co/The, 4.875%, 05/01/2025 32,772   0.0
 27,000   Boeing Co/The, 5.805%, 05/01/2050 32,692   0.0
 45,000   Burlington Northern Santa Fe LLC, 3.900%, 08/01/2046 54,522   0.0
 37,000 (3) Carrier Global Corp., 2.493%, 02/15/2027 38,746   0.0
 20,000 (3) Carrier Global Corp., 2.722%, 02/15/2030 20,935   0.0
 37,000 (3) CCL Industries, Inc., 3.050%, 06/01/2030 39,548   0.0
 51,000   FedEx Corp., 3.900%, 02/01/2035 57,998   0.0
 20,000   GATX Corp., 4.000%, 06/30/2030 23,070   0.0
 27,000   General Dynamics Corp., 4.250%, 04/01/2040 34,026   0.0
 14,000   General Electric Co., 3.625%, 05/01/2030 14,559   0.0
 43,000   Honeywell International, Inc., 1.950%, 06/01/2030 45,314   0.0
 20,000   Lockheed Martin Corp., 2.800%, 06/15/2050 20,879   0.0
 18,000   Lockheed Martin Corp., 4.070%, 12/15/2042 22,512   0.0
 42,000   Norfolk Southern Corp., 3.650%, 08/01/2025 47,279   0.0
 7,000   Northrop Grumman Corp., 2.930%, 01/15/2025 7,619   0.0
 25,000   Packaging Corp. of America, 4.050%, 12/15/2049 29,900   0.0
 16,000   Raytheon Technologies Corp., 3.125%, 07/01/2050 17,175   0.0
 56,000 (3) Raytheon Technologies Corp., 3.200%, 03/15/2024 60,152   0.1
 2,000   Raytheon Technologies Corp., 3.650%, 08/16/2023 2,163   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 4,000   Raytheon Technologies Corp., 4.450%, 11/16/2038 4,924   0.0
 51,000   Raytheon Technologies Corp., 4.500%, 06/01/2042 64,458   0.1
 5,000   Raytheon Technologies Corp., 5.400%, 05/01/2035 6,796   0.0
 6,000   Raytheon Technologies Corp., 6.125%, 07/15/2038 8,679   0.0
 22,000   Republic Services, Inc., 1.450%, 02/15/2031 21,731   0.0
 17,000   Roper Technologies, Inc., 1.400%, 09/15/2027 17,180   0.0
 12,000   Roper Technologies, Inc., 2.000%, 06/30/2030 12,248   0.0
 15,000   Textron, Inc., 3.000%, 06/01/2030 15,821   0.0
 41,000   United Parcel Service, Inc., 2.800%, 11/15/2024 44,584   0.0
 25,000   WRKCo, Inc., 3.000%, 06/15/2033 27,214   0.0
      953,368   0.3
         
    Technology: 0.4%
 12,000   Activision Blizzard, Inc., 1.350%, 09/15/2030 11,725   0.0
 12,000   Activision Blizzard, Inc., 2.500%, 09/15/2050 11,044   0.0
 10,000   Analog Devices, Inc., 3.500%, 12/05/2026 11,327   0.0
 25,000   Apple, Inc., 2.550%, 08/20/2060 25,059   0.0
 35,000   Apple, Inc., 2.650%, 05/11/2050 36,554   0.0
 100,000   Apple, Inc., 3.750%, 09/12/2047 123,388   0.1
 35,000   Apple, Inc., 3.750%, 11/13/2047 43,162   0.0
 25,000 (3) Dell International LLC / EMC Corp., 6.020%, 06/15/2026 29,396   0.0
 20,000   Fiserv, Inc., 2.750%, 07/01/2024 21,399   0.0
 100,000   Fiserv, Inc., 3.200%, 07/01/2026 111,221   0.1
 45,000   HP, Inc., 4.050%, 09/15/2022 48,052   0.0
 15,000 (3) Infor, Inc., 1.450%, 07/15/2023 15,216   0.0
 18,000 (3) Infor, Inc., 1.750%, 07/15/2025 18,569   0.0
 15,000   Intel Corp., 3.100%, 02/15/2060 16,366   0.0
 30,000   Intel Corp., 3.250%, 11/15/2049 33,557   0.0
 75,000   Intel Corp., 4.600%, 03/25/2040 100,098   0.0
 100,000   International Business Machines Corp., 3.300%, 05/15/2026 112,764   0.1
 37,000 (3) Microchip Technology, Inc., 2.670%, 09/01/2023 38,329   0.0
 50,000   Microsoft Corp., 2.400%, 08/08/2026 54,537   0.0
 41,000   Microsoft Corp., 2.525%, 06/01/2050 43,038   0.0
 93,000   Microsoft Corp., 3.700%, 08/08/2046 117,105   0.1
 30,000   NetApp, Inc., 1.875%, 06/22/2025 31,130   0.0
 31,000 (3) NXP BV / NXP Funding LLC, 5.350%, 03/01/2026 36,701   0.0
 20,000 (3) NXP BV / NXP Funding LLC / NXP USA, Inc., 3.400%, 05/01/2030 21,940   0.0
 74,000   Oracle Corp., 3.600%, 04/01/2040 84,751   0.0
 6,000   Oracle Corp., 3.850%, 07/15/2036 7,087   0.0
 14,000   ServiceNow, Inc., 1.400%, 09/01/2030 13,644   0.0
 33,000   Xilinx, Inc., 2.375%, 06/01/2030 34,815   0.0
      1,251,974   0.4
         
    Utilities: 0.8%
 52,000   AEP Texas, Inc., 3.450%, 01/15/2050 56,951   0.0
 16,000 (3) AES Corp./The, 3.950%, 07/15/2030 17,709   0.0
 20,000   Alabama Power Co., 3.450%, 10/01/2049 22,799   0.0
 74,000 (3) Alliant Energy Finance LLC, 3.750%, 06/15/2023 79,510   0.1
 50,000 (3) American Transmission Systems, Inc., 5.000%, 09/01/2044 62,495   0.1
 50,000 (3) American Transmission Systems, Inc., 5.250%, 01/15/2022 52,619   0.0
 14,000   Appalachian Power Co., 3.700%, 05/01/2050 15,987   0.0
 55,000   Avangrid, Inc., 3.200%, 04/15/2025 60,585   0.0
 20,000   Baltimore Gas and Electric Co., 3.200%, 09/15/2049 21,564   0.0
 25,000   Black Hills Corp., 2.500%, 06/15/2030 25,911   0.0
 15,000   Black Hills Corp., 3.050%, 10/15/2029 16,355   0.0
 40,000   Black Hills Corp., 4.250%, 11/30/2023 43,922   0.0
 8,000   Black Hills Corp., 4.350%, 05/01/2033 9,620   0.0
 10,000   CenterPoint Energy Houston Electric LLC, 2.900%, 07/01/2050 10,762   0.0
 25,000   CenterPoint Energy Houston Electric LLC, 3.550%, 08/01/2042 28,656   0.0
 39,000 (3) Cleveland Electric Illuminating Co/The, 3.500%, 04/01/2028 42,177   0.0
 53,000 (4) CMS Energy Corp., 4.750%, 06/01/2050 56,267   0.0
 13,000   Commonwealth Edison Co., 3.750%, 08/15/2047 15,554   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 34,000   Consolidated Edison Co. of New York, Inc., 4.000%, 11/15/2057 40,680   0.0
 13,000   Consolidated Edison Co. of New York, Inc., 5.300%, 03/01/2035 17,540   0.0
 53,000   Consumers Energy Co., 2.500%, 05/01/2060 49,855   0.0
 35,000 (4) Dominion Energy, Inc., 4.650%, 12/31/2199 35,495   0.0
 51,000   DTE Electric Co., 2.950%, 03/01/2050 54,015   0.0
 47,000   DTE Energy Co., 1.050%, 06/01/2025 47,140   0.0
 15,000   Duke Energy Carolinas LLC, 4.000%, 09/30/2042 18,364   0.0
 15,000 (4) Duke Energy Corp., 4.875%, 12/31/2199 15,887   0.0
 25,000   Duke Energy Florida LLC, 4.200%, 07/15/2048 31,891   0.0
 25,000   Duke Energy Indiana LLC, 3.250%, 10/01/2049 27,885   0.0
 13,000   Duke Energy Ohio, Inc., 2.125%, 06/01/2030 13,664   0.0
 59,000   Duke Energy Progress LLC, 3.700%, 10/15/2046 69,531   0.1
 45,000   Duke Energy Progress LLC, 4.100%, 05/15/2042 54,682   0.0
 5,000   Duke Energy Progress LLC, 4.200%, 08/15/2045 6,232   0.0
 17,000 (3) Duquesne Light Holdings, Inc., 2.532%, 10/01/2030 17,078   0.0
 24,000   Entergy Arkansas LLC, 2.650%, 06/15/2051 24,232   0.0
 13,000   Entergy Corp., 2.800%, 06/15/2030 14,106   0.0
 9,000   Entergy Louisiana LLC, 4.200%, 04/01/2050 11,562   0.0
 73,000   Entergy Mississippi LLC, 3.100%, 07/01/2023 77,483   0.1
 33,000   Entergy Texas, Inc., 4.000%, 03/30/2029 38,685   0.0
 11,000   Essential Utilities, Inc., 2.704%, 04/15/2030 11,786   0.0
 18,000   Evergy Metro, Inc., 2.250%, 06/01/2030 19,069   0.0
 32,000   Eversource Energy, 2.900%, 10/01/2024 34,667   0.0
 23,000   Eversource Energy, 3.450%, 01/15/2050 25,891   0.0
 50,000   Exelon Corp., 3.497%, 06/01/2022 52,309   0.0
 5,000   Exelon Corp., 4.050%, 04/15/2030 5,862   0.0
 10,000   Exelon Corp., 4.700%, 04/15/2050 12,778   0.0
 8,000   Exelon Generation Co. LLC, 3.250%, 06/01/2025 8,757   0.0
 57,000   FirstEnergy Corp., 2.850%, 07/15/2022 58,459   0.0
 25,000   Georgia Power Co., 2.200%, 09/15/2024 26,384   0.0
 33,000   Georgia Power Co., 5.750%, 04/15/2023 36,960   0.0
 20,000   Interstate Power and Light Co., 2.300%, 06/01/2030 21,189   0.0
 80,000   Interstate Power and Light Co., 3.250%, 12/01/2024 87,805   0.1
 12,000 (3) IPALCO Enterprises, Inc., 4.250%, 05/01/2030 13,622   0.0
 100,000   ITC Holdings Corp., 2.700%, 11/15/2022 104,366   0.1
 50,000 (3) Jersey Central Power & Light Co., 4.300%, 01/15/2026 57,227   0.0
 50,000 (3) Jersey Central Power & Light Co., 4.700%, 04/01/2024 55,535   0.0
 25,000   Kentucky Utilities Co., 3.300%, 06/01/2050 27,321   0.0
 12,000 (3) Metropolitan Edison Co., 4.000%, 04/15/2025 13,321   0.0
 30,000   Mississippi Power Co., 4.250%, 03/15/2042 35,543   0.0
 15,000 (3) Narragansett Electric Co/The, 3.395%, 04/09/2030 17,111   0.0
 43,000 (4) National Rural Utilities Cooperative Finance Corp., 4.750%, 04/30/2043 44,364   0.0
 29,000   NiSource, Inc., 3.600%, 05/01/2030 33,103   0.0
 20,000   NiSource, Inc., 5.950%, 06/15/2041 28,123   0.0
 20,000 (3) Oglethorpe Power Corp., 3.750%, 08/01/2050 19,964   0.0
 13,000   Pacific Gas and Electric Co., 4.250%, 03/15/2046 12,578   0.0
 28,000   Pacific Gas and Electric Co., 4.300%, 03/15/2045 27,415   0.0
 17,000   Pacific Gas and Electric Co., 4.450%, 04/15/2042 17,039   0.0
 10,000   PECO Energy Co., 4.150%, 10/01/2044 12,527   0.0
 200,000   Perusahaan Listrik Negara PT, 4.125%, 05/15/2027 216,212   0.1
 15,000   Piedmont Natural Gas Co., Inc., 3.350%, 06/01/2050 16,308   0.0
 17,000   Public Service Enterprise Group, Inc., 1.600%, 08/15/2030 16,772   0.0
 50,000   Sempra Energy, 3.800%, 02/01/2038 55,941   0.0
 24,000 (4) Sempra Energy, 4.875%, 12/31/2199 24,720   0.0
 68,000   Sierra Pacific Power Co., 2.600%, 05/01/2026 74,206   0.1

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 5,000   Southern California Edison Co., 2.400%, 02/01/2022 5,100   0.0
 6,000   Southern California Edison Co., 4.050%, 03/15/2042 6,481   0.0
 40,000   Southern Co. Gas Capital Corp., 5.875%, 03/15/2041 55,182   0.0
 35,000 (4) Southern Co/The, 4.000%, 01/15/2051 35,137   0.0
 60,000   Tampa Electric Co., 5.400%, 05/15/2021 61,845   0.0
 25,000   Tucson Electric Power Co., 1.500%, 08/01/2030 24,796   0.0
 17,000   Union Electric Co., 3.900%, 09/15/2042 20,434   0.0
 28,000   Virginia Electric and Power Co., 3.450%, 09/01/2022 29,291   0.0
 25,000   Washington Gas Light Co., 3.650%, 09/15/2049 28,498   0.0
 26,000   Wisconsin Public Service Corp., 3.671%, 12/01/2042 29,541   0.0
    2,926,989   0.8
       
  Total Corporate Bonds/Notes    
  (Cost $20,812,472) 21,985,955   6.3
       
COLLATERALIZED MORTGAGE OBLIGATIONS: 4.2%  
 90,601   Alternative Loan Trust 2004-J7 MI, 1.168%, (US0001M + 1.020%), 10/25/2034 87,290   0.0
 67,844   Alternative Loan Trust 2005-10CB 1A1, 0.648%, (US0001M + 0.500%), 05/25/2035 53,737   0.0
 56,149   Alternative Loan Trust 2005-51 3A2A, 2.309%, (12MTA + 1.290%), 11/20/2035 51,614   0.0
 56,993   Alternative Loan Trust 2005-65CB 2A4, 5.500%, 12/25/2035 53,320   0.0
 108,681   Alternative Loan Trust 2005-J2 1A12, 0.548%, (US0001M + 0.400%), 04/25/2035 88,619   0.0
 18,147   Alternative Loan Trust 2006-13T1 A9, 6.000%, 05/25/2036 12,754   0.0
 104,988   Alternative Loan Trust 2006-19CB A12, 0.548%, (US0001M + 0.400%), 08/25/2036 56,071   0.0
 77,706   Alternative Loan Trust 2006-HY11 A1, 0.268%, (US0001M + 0.120%), 06/25/2036 74,077   0.0
 29,016   Alternative Loan Trust 2007-23CB A3, 0.648%, (US0001M + 0.500%), 09/25/2037 11,285   0.0
 141,721   Alternative Loan Trust 2007-2CB 2A1, 0.748%, (US0001M + 0.600%), 03/25/2037 68,866   0.0
 37,516 (4) Bear Stearns ALT-A Trust 2005-7 21A1, 3.244%, 09/25/2035 34,859   0.0
 58,465   Bear Stearns Mortgage Funding Trust 2006-AR5 2A1, 0.338%, (US0001M + 0.190%), 01/25/2037 51,937   0.0
 75,983 (4) Citigroup Mortgage Loan Trust 2006-AR2 1A1, 3.851%, 03/25/2036 67,319   0.0
 46,230 (4) Citigroup Mortgage Loan Trust 2007-10 22AA, 3.355%, 09/25/2037 44,530   0.0
 231,129 (3),(4) COLT 2018-4 A1 Mortgage Loan Trust, 4.006%, 12/28/2048 234,734   0.1
 200,000 (3),(4) Deephaven Residential Mortgage Trust 2018-1A M1, 3.939%, 12/25/2057 203,354   0.1
 200,000 (3),(4) Deephaven Residential Mortgage Trust 2019-1A M1, 4.402%, 08/25/2058 201,467   0.1
 568,039   Fannie Mae 2011-113 CL, 4.000%, 11/25/2041 618,654   0.2
 403,007   Fannie Mae 2011-99 CZ, 4.500%, 10/25/2041 464,876   0.1
 119,417   Fannie Mae Connecticut Avenue Securities 2015-C02 1M2, 4.148%, (US0001M + 4.000%), 05/25/2025 121,326   0.0
 149,808   Fannie Mae Connecticut Avenue Securities 2016-C05 2M2, 4.598%, (US0001M + 4.450%), 01/25/2029 155,097   0.1
 56,270   Fannie Mae Connecticut Avenue Securities 2016-C07 2M2, 4.498%, (US0001M + 4.350%), 05/25/2029 58,371   0.0
 75,763   Fannie Mae Connecticut Avenue Securities 2017-C02 2M2, 3.798%, (US0001M + 3.650%), 09/25/2029 76,879   0.0
 183,703   Fannie Mae Connecticut Avenue Securities 2017-C03 1M2, 3.148%, (US0001M + 3.000%), 10/25/2029 183,549   0.1
 174,088   Fannie Mae Connecticut Avenue Securities 2017-C04 2M2, 2.998%, (US0001M + 2.850%), 11/25/2029 173,567   0.1
 198,775   Fannie Mae Connecticut Avenue Securities 2017-C07 1M2, 2.548%, (US0001M + 2.400%), 05/28/2030 195,834   0.1

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 62,561   Fannie Mae Connecticut Avenue Securities 2017-CO6 2M2, 2.948%, (US0001M + 2.800%), 02/25/2030 62,679   0.0
 164,405   Fannie Mae Connecticut Avenue Securities 2018-C02 2M2, 2.348%, (US0001M + 2.200%), 08/25/2030 159,762   0.1
 147,614   Fannie Mae Connecticut Avenue Securities 2018-C04 2M2, 2.698%, (US0001M + 2.550%), 12/25/2030 145,638   0.1
 79,331   Fannie Mae Connecticut Avenue Securities 2018-C05 1M2, 2.498%, (US0001M + 2.350%), 01/25/2031 78,154   0.0
 170,529   Fannie Mae Connecticut Avenue Securities 2018-C06 1M2, 2.148%, (US0001M + 2.000%), 03/25/2031 168,149   0.1
 108,157 (3) Fannie Mae Connecticut Avenue Securities 2019-R02 1M2, 2.448%, (US0001M + 2.300%), 08/25/2031 107,960   0.0
 173,209 (3) Fannie Mae Connecticut Avenue Securities Trust 2019-R06 2M2, 2.248%, (US0001M + 2.100%), 09/25/2039 172,555   0.1
 200,000 (3) Fannie Mae Connecticut Avenue Securities Trust 2020-R01 1M2, 2.198%, (US0001M + 2.050%), 01/25/2040 197,100   0.1
 255,769   Fannie Mae REMIC Trust 2009-19 PW, 4.500%, 10/25/2036 289,629   0.1
 232,632 (4) Fannie Mae REMIC Trust 2009-50 HZ, 5.546%, 02/25/2049 267,068   0.1
 169,318   Fannie Mae REMIC Trust 2011-30 ZA, 5.000%, 04/25/2041 186,629   0.1
 201,805   Fannie Mae REMIC Trust 2011-9 AZ, 5.000%, 05/25/2040 224,707   0.1
 401,400   Fannie Mae REMICS 2009-96 DB, 4.000%, 11/25/2029 433,742   0.1
 106,840   Fannie Mae REMICS 2011-10 ZC, 5.000%, 02/25/2041 124,675   0.0
 461,904   Fannie Mae REMICS 2013-16 GD, 3.000%, 03/25/2033 480,228   0.1
 125,925   Fannie Mae REMICS 2018-8 AB, 3.500%, 10/25/2047 132,925   0.0
 94,306 (3),(4) Flagstar Mortgage Trust 2018-1 B2, 4.013%, 03/25/2048 99,312   0.0
 94,306 (3),(4) Flagstar Mortgage Trust 2018-1 B3, 4.013%, 03/25/2048 96,406   0.0
 242,157   Freddie Mac 4634 ZM, 5.000%, 11/15/2056 337,118   0.1
 83,581   Freddie Mac REMIC Trust 2114 ZM, 6.000%, 01/15/2029 93,224   0.0
 66,279   Freddie Mac REMIC Trust 2541 NE, 5.500%, 12/15/2032 77,019   0.0
 19,073   Freddie Mac REMIC Trust 2861 Z, 5.500%, 09/15/2034 22,645   0.0
 50,210   Freddie Mac REMIC Trust 2931 ZY, 5.000%, 02/15/2035 57,661   0.0
 146,062   Freddie Mac REMIC Trust 3117 ZA, 5.500%, 02/15/2036 168,066   0.1
 59,273   Freddie Mac REMIC Trust 3351 ZC, 5.500%, 07/15/2037 69,744   0.0
 56,088 (4),(5) Freddie Mac REMIC Trust 3524 LA, 5.179%, 03/15/2033 63,793   0.0
 58,413   Freddie Mac REMIC Trust 3724 CM, 5.500%, 06/15/2037 66,580   0.0
 12,454   Freddie Mac REMIC Trust 4000 PA, 4.500%, 01/15/2042 14,011   0.0
 261,151   Freddie Mac REMIC Trust 4203 BN, 3.000%, 04/15/2033 285,480   0.1
 523,300   Freddie Mac REMIC Trust 4335 ZX, 4.250%, 05/15/2044 610,174   0.2
 523,300   Freddie Mac REMIC Trust 435 XZ, 4.250%, 05/15/2044 619,374   0.2
 382,562   Freddie Mac REMICS 4495 PA, 3.500%, 09/15/2043 400,792   0.1
 19,047   Freddie Mac REMICS 4678 AB, 4.000%, 06/15/2044 19,508   0.0
 775,308   Freddie Mac REMICS 4791 MT, 3.500%, 05/15/2044 788,926   0.2
 200,000 (3) Freddie Mac Stacr Remic Trust 2020-HQA2 M2, 3.248%, (US0001M + 3.100%), 03/25/2050 198,280   0.1
 200,000 (3) Freddie Mac STACR REMIC Trust 2020-HQA3 M2, 3.748%, (US0001M + 3.600%), 07/25/2050 202,001   0.1
 700,000 (3) Freddie Mac Stacr Trust 2018-HQA2 M2, 2.448%, (US0001M + 2.300%), 10/25/2048 688,466   0.2
 94,267   Freddie Mac Structured Agency Credit Risk Debt Notes 2015-DNA3 M3, 4.848%, (US0001M + 4.700%), 04/25/2028 98,446   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 241,065   Freddie Mac Structured Agency Credit Risk Debt Notes 2016-DNA1 M3, 5.725%, (US0001M + 5.550%), 07/25/2028 256,574   0.1
 147,105   Freddie Mac Structured Agency Credit Risk Debt Notes 2017-HQA3 M2, 2.498%, (US0001M + 2.350%), 04/25/2030 148,606   0.1
 79,542   Freddie Mac Structured Agency Credit Risk Debt Notes 2018-HQA1 M2, 2.448%, (US0001M + 2.300%), 09/25/2030 78,608   0.0
 600,294   Ginnie Mae 2013-8 BE, 1.750%, 11/20/2042 615,467   0.2
 50,956   Ginnie Mae Series 2009-29 PB, 4.750%, 05/20/2039 57,946   0.0
 369,006   Ginnie Mae Series 2010-164 JZ, 4.000%, 12/20/2040 406,756   0.1
 17,933   Ginnie Mae Series 2011-169 BC, 7.000%, 05/16/2032 19,963   0.0
 84,499 (3),(4) GS Mortgage-Backed Securities Corp. Trust 2020-PJ2 A4, 3.500%, 07/25/2050 85,894   0.0
 200,000 (3),(4) GS Mortgage-Backed Securities Corp. Trust 2020-PJ4 A4, 3.000%, 01/25/2051 204,719   0.1
 44,034   HomeBanc Mortgage Trust 2004-1 2A, 1.008%, (US0001M + 0.860%), 08/25/2029 42,437   0.0
 39,921   IndyMac INDX Mortgage Loan Trust 2006-AR2 1A1B, 0.358%, (US0001M + 0.210%), 04/25/2046 36,456   0.0
 37,856   Lehman XS Trust Series 2005-5N 1A2, 0.508%, (US0001M + 0.360%), 11/25/2035 32,452   0.0
 52,011   Morgan Stanley Mortgage Loan Trust 2007-13 6A1, 6.000%, 10/25/2037 41,070   0.0
 13,523   Prime Mortgage Trust 2007-1 A4, 5.500%, 03/25/2037 12,463   0.0
 29,530 (4) WaMu Mortgage Pass Through Certificates Series 2006-AR12 2A3, 2.925%, 10/25/2036 28,061   0.0
 66,923   WaMu Mortgage Pass-Through Certificates Series 2005-AR11 A1C3, 0.658%, (US0001M + 0.510%), 08/25/2045 68,986   0.0
 36,731   WaMu Mortgage Pass-Through Certificates Series 2005-AR13 A1C3, 0.638%, (US0001M + 0.490%), 10/25/2045 35,419   0.0
 31,193 (4) WaMu Mortgage Pass-Through Certificates Series 2006-AR8 1A4, 3.140%, 08/25/2046 29,637   0.0
 156,134 (4) WaMu Mortgage Pass-Through Certificates Series 2007-HY2 1A1, 3.353%, 12/25/2036 154,699   0.1
 38,281 (4) WaMu Mortgage Pass-Through Certificates Series 2007-HY4 1A1, 3.181%, 04/25/2037 34,741   0.0
 78,085 (4) WaMu Mortgage Pass-Through Certificates Series 2007-HY7 2A2, 3.073%, 07/25/2037 74,534   0.0
 169,375   Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-AR6 2A, 1.979%, (12MTA + 0.960%), 08/25/2046 112,905   0.0
 19,146   Wells Fargo Alternative Loan 2007-PA2 2A1, 0.578%, (US0001M + 0.430%), 06/25/2037 15,357   0.0
 18,274 (4) Wells Fargo Mortgage Backed Securities 2006-AR4 2A4, 4.019%, 04/25/2036 17,368   0.0
 26,692 (4) Wells Fargo Mortgage Backed Securities 2007-AR7 A1, 3.930%, 12/28/2037 24,909   0.0
 100,000 (3),(4) Wells Fargo Mortgage Backed Securities 2020-2 A5 Trust, 3.000%, 12/25/2049 104,998   0.0
         
  Total Collateralized Mortgage Obligations    
  (Cost $13,944,152) 14,493,637   4.2
       
U.S. TREASURY OBLIGATIONS: 1.7%  
    U.S. Treasury Bonds: 0.5%
 584,000   0.625%,08/15/2030 580,669   0.2
 683,000   1.125%,08/15/2040 670,354   0.2
 387,000   1.250%,05/15/2050 366,834   0.1
      1,617,857   0.5
         
    U.S. Treasury Notes: 1.2%
 2,020,000   1.125%,08/31/2021 2,037,861   0.6
 667,000   0.125%,09/30/2022 666,948   0.2
 710,000   0.125%,09/15/2023 709,362   0.2
 349,000   0.250%,09/30/2025 348,550   0.1
 578,000   0.375%,09/30/2027 574,162   0.1
 2,000   0.625%,05/15/2030 1,993   0.0
      4,338,876   1.2
         
  Total U.S. Treasury Obligations    
  (Cost $5,962,276) 5,956,733   1.7
       
U.S. GOVERNMENT AGENCY OBLIGATIONS: 1.3%  
    Federal Home Loan Mortgage Corporation: 0.3%(6)
 8,910   2.500%,05/01/2030 9,440   0.0
 12,457   2.500%,05/01/2030 13,252   0.0
 15,998   2.500%,06/01/2030 17,027   0.0
 28,674   3.000%,03/01/2045 30,950   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 25,931   3.000%,03/01/2045 27,612   0.0
 32,749   3.000%,04/01/2045 35,115   0.0
 55,253   3.500%,03/01/2045 60,342   0.0
 165,845   4.000%,12/01/2041 181,233   0.1
 40,458   4.000%,12/01/2042 44,644   0.0
 8,129   4.000%,09/01/2045 8,841   0.0
 14,777   4.000%,09/01/2045 16,127   0.0
 11,227   4.000%,09/01/2045 12,269   0.0
 9,668   4.000%,09/01/2045 10,548   0.0
 93,378   4.500%,08/01/2041 103,516   0.1
 387,081   4.500%,09/01/2041 433,420   0.1
 3,604   5.500%,07/01/2037 4,191   0.0
 2,739   6.500%,12/01/2031 3,118   0.0
      1,011,645   0.3
         
    Government National Mortgage Association: 0.3%
 530,000 (7) 2.500%,11/19/2050 555,527   0.2
 39,798   4.000%,11/20/2040 43,449   0.0
 80,545   4.000%,03/20/2046 86,713   0.0
 67,390   4.500%,08/20/2041 74,842   0.0
 299,519   4.500%,09/15/2047 328,273   0.1
      1,088,804   0.3
         
    Uniform Mortgage-Backed Securities: 0.7%
 19,908   2.500%,05/01/2030 21,122   0.0
 30,050   2.500%,06/01/2030 31,828   0.0
 43,671   2.500%,06/01/2030 46,221   0.0
 16,677   2.500%,07/01/2030 17,668   0.0
 62,942   3.000%,09/01/2043 67,054   0.0
 263,050   3.000%,04/01/2045 283,931   0.1
 169,937   3.000%,07/01/2046 184,482   0.1
 73,285   3.500%,10/01/2042 78,701   0.0
 554,219   3.500%,08/01/2046 611,376   0.2
 21,733   4.000%,07/01/2042 23,975   0.0
 148,903   4.000%,07/01/2042 164,569   0.1
 193,281   4.000%,01/01/2045 221,101   0.1
 40,366   4.000%,06/01/2045 44,083   0.0
 33,884   4.500%,11/01/2040 38,140   0.0
 75,666   4.500%,10/01/2041 85,218   0.0
 24,147   5.000%,06/01/2033 27,713   0.0
 6,085   5.000%,02/01/2036 7,002   0.0
 2,574   5.000%,07/01/2036 2,960   0.0
 62,029   5.000%,07/01/2037 71,279   0.0
 80,399   5.000%,11/01/2040 91,308   0.0
 23,733   5.000%,05/01/2041 27,356   0.0
 74,658   5.000%,06/01/2041 84,987   0.0
 51,976   5.000%,06/01/2041 59,908   0.0
 100,745   5.500%,12/01/2036 118,627   0.1
 3,061   7.000%,06/01/2029 3,147   0.0
 328   7.000%,10/01/2029 382   0.0
 1,334   7.000%,01/01/2032 1,515   0.0
 531   7.000%,04/01/2032 565   0.0
 412   7.000%,05/01/2032 417   0.0
      2,416,635   0.7
         
  Total U.S. Government Agency Obligations    
  (Cost $4,273,814) 4,517,084   1.3
       
ASSET-BACKED SECURITIES: 2.9%  
    Automobile Asset-Backed Securities: 0.4%
 100,000   Americredit Automobile Receivables Trust 2018-2 D, 4.010%, 07/18/2024 106,325   0.1
 100,000   Americredit Automobile Receivables Trust 2019-1 D, 3.620%, 03/18/2025 104,405   0.0
 100,000   Carmax Auto Owner Trust 2018-4 D, 4.150%, 04/15/2025 104,247   0.0
 150,000   CarMax Auto Owner Trust 2020-2 A4, 2.050%, 05/15/2025 157,073   0.1
 150,000   Santander Drive Auto Receivables Trust 2018-4 D, 3.980%, 12/15/2025 157,293   0.1
 100,000   Santander Drive Auto Receivables Trust 2019-3 C, 2.490%, 10/15/2025 102,174   0.0
 100,000   Santander Drive Auto Receivables Trust 2019-3 D, 2.680%, 10/15/2025 102,973   0.0
 100,000   Santander Drive Auto Receivables Trust 2020-1 B, 3.030%, 11/15/2024 104,534   0.1
 100,000 (3) Tesla Auto Lease Trust 2018-B C, 4.360%, 10/20/2021 102,606   0.0
 100,000 (3) Toyota Auto Loan Extended Note Trust 2020-1A A, 1.350%, 05/25/2033 102,790   0.0
      1,144,420   0.4
         
    Home Equity Asset-Backed Securities: 0.1%
 256,468 (4) GSAA Home Equity Trust 2006-4 4A3, 3.624%, 03/25/2036 202,528   0.1
 150,348 (4) Renaissance Home Equity Loan Trust 2005-3 AF4, 5.140%, 11/25/2035 158,212   0.0
      360,740   0.1
         
    Other Asset-Backed Securities: 2.0%
 100,000 (3) Aqua Finance Trust 2020-AA A, 1.900%, 07/17/2046 100,427   0.0
 300,000 (3) ARES XLVI CLO Ltd. 2017-46A A2, 1.505%, (US0003M + 1.230%), 01/15/2030 292,965   0.1
 250,000 (3) Benefit Street Partners CLO VIII Ltd. 2015-8A A1BR, 1.472%, (US0003M + 1.200%), 01/20/2031 242,309   0.1
 250,000 (3) BlueMountain CLO 2015-1A BR, 2.766%, (US0003M + 2.500%), 04/13/2027 249,021   0.1
 100,000 (3) Bojangles Issuer LLC 2020-3A A2, 3.832%, 10/20/2050 100,000   0.0
 16,450   Chase Funding Trust Series 2003-5 2A2, 0.748%, (US0001M + 0.600%), 07/25/2033 15,692   0.0
 250,000 (3) Clear Creek CLO 2015-1A CR, 2.222%, (US0003M + 1.950%), 10/20/2030 240,783   0.1

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 100,000   CNH Equipment Trust 2020-A A4, 1.510%, 04/15/2027 103,244   0.0
 250,000 (3) Deer Creek Clo Ltd. 2017-1A A, 1.452%, (US0003M + 1.180%), 10/20/2030 246,885   0.1
 98,000 (3) Domino's Pizza Master Issuer LLC 2018-1A A211, 4.328%, 07/25/2048 107,021   0.0
 98,500 (3) Driven Brands Funding LLC 2019-1A A2, 4.641%, 04/20/2049 104,310   0.0
 250,000 (3) Dryden Senior Loan Fund 2017-47A A2, 1.625%, (US0003M + 1.350%), 04/15/2028 243,448   0.1
 250,000 (3) Eaton Vance Clo 2015-1A A2R Ltd., 1.522%, (US0003M + 1.250%), 01/20/2030 243,853   0.1
 99,250 (3) Five Guys Holdings, Inc. 2017-1A A2, 4.600%, 07/25/2047 100,153   0.0
 25,827 (3) HERO Funding Trust 2015-2A A, 3.990%, 09/20/2040 27,239   0.0
 171,569 (3) Invitation Homes 2017-SFR2 A Trust, 1.001%, (US0001M + 0.850%), 12/17/2036 171,494   0.0
 262,128 (3) J.G. Wentworth XXXIX LLC 2017-2A A, 3.530%, 09/15/2072 294,671   0.1
 250,000 (3) Jay Park CLO Ltd. 2016-1A BR, 2.272%, (US0003M + 2.000%), 10/20/2027 248,095   0.1
 250,000 (3) LCM XXIV Ltd. 24A A, 1.582%, (US0003M + 1.310%), 03/20/2030 248,201   0.1
 96,949 (3) Loanpal Solar Loan 2020-2GF A Ltd., 2.750%, 07/20/2047 99,410   0.0
 250,000 (3) Marlette Funding Trust 2019-2A C, 4.110%, 07/16/2029 251,283   0.1
 200,000 (3),(4) Mill City Mortgage Loan Trust 2017-2 M2, 3.250%, 07/25/2059 213,749   0.1
 60,256 (3) Mosaic Solar Loan Trust 2018-1A A, 4.010%, 06/22/2043 63,822   0.0
 88,302 (3) Mosaic Solar Loan Trust 2018-2-GS B, 4.740%, 02/22/2044 90,470   0.0
 100,000   Mosaic Solar Loan Trust 2020-2, 1.440%, 08/20/2046 99,247   0.0
 250,000 (3) Newark BSL CLO 1 Ltd. 2016-1A A1R, 1.345%, (US0003M + 1.100%), 12/21/2029 248,187   0.1
 500,000 (3) OCP CLO 2020-18A A Ltd., 2.053%, (US0003M + 1.800%), 04/20/2030 501,307   0.1
 250,000 (3) Octagon Investment Partners XIV Ltd. 2012-1A A1BR, 1.650%, (US0003M + 1.375%), 07/15/2029 246,681   0.1
 250,000 (3) Octagon Investment Partners XVII Ltd. 2013-1A A1R2, 1.245%, (US0003M + 1.000%), 01/25/2031 245,212   0.1
 200,000 (3) OHA Loan Funding 2013-1A A1R2 Ltd., 1.346%, (US0003M + 1.090%), 07/23/2031 197,846   0.0
 250,000 (3) Palmer Square CLO 2015-2A A1R2 Ltd., 1.372%, (US0003M + 1.100%), 07/20/2030 247,673   0.1
 99,500 (3) Sunnova Sol Issuer LLC 2020-1A A, 3.350%, 02/01/2055 100,760   0.0
 98,250 (3) Taco Bell Funding LLC 2018-1A A2II, 4.940%, 11/25/2048 106,517   0.0
 250,000 (3) THL Credit Wind River 2016-2A A1R CLO Ltd., 1.441%, (US0003M + 1.190%), 11/01/2031 246,260   0.1
 250,000 (3) THL Credit Wind River 2017-2A A CLO Ltd., 1.502%, (US0003M + 1.230%), 07/20/2030 247,457   0.1
 250,000 (3) Tiaa Clo III Ltd. 2017-2A A, 1.421%, (US0003M + 1.150%), 01/16/2031 244,273   0.1
 97,250 (3) Wendys Funding LLC 2018-1A A2I, 3.573%, 03/15/2048 100,639   0.0
 97,250 (3) Wendy's Funding LLC 2018-1A A2II, 3.884%, 03/15/2048 102,491   0.0
      7,033,095   2.0
         
    Student Loan Asset-Backed Securities: 0.4%
 57,453 (3) Commonbond Student Loan Trust 2017-BGS A1, 2.680%, 09/25/2042 59,151   0.0
 48,493 (3) Commonbond Student Loan Trust 2018-AGS A1, 3.210%, 02/25/2044 50,199   0.0
 112,036 (3) Commonbond Student Loan Trust 2018-BGS B, 3.990%, 09/25/2045 115,097   0.1
 95,651 (3) Commonbond Student Loan Trust 2020-AGS A, 1.980%, 08/25/2050 97,804   0.0
 8,526 (3) DRB Prime Student Loan Trust 2015-B A2, 3.170%, 07/25/2031 8,591   0.0
 18,415 (3) DRB Prime Student Loan Trust 2015-D A2, 3.200%, 01/25/2040 18,655   0.0
 21,277 (3) Earnest Student Loan Program, LLC 2016-A B, 2.500%, 01/25/2039 21,252   0.0
 96,338 (3) Navient Private Education Refi Loan Trust 2019-A A2A, 3.420%, 01/15/2043 100,942   0.0

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 92,023 (3) Navient Private Education Refi Loan Trust 2020-DA A, 1.690%, 05/15/2069 93,282   0.0
 89,673 (3) Navient Private Education Refi Loan Trust 2020-FA A, 1.220%, 07/15/2069 90,076   0.0
 100,000 (3) SMB Private Education Loan Trust 2017-A B, 3.500%, 06/17/2041 100,398   0.0
 100,000 (3) SMB Private Education Loan Trust 2020-PTA A2A, 1.600%, 09/15/2054 100,797   0.0
 100,000 (3) Sofi Professional Loan Program 2018-C A2FX Trust, 3.590%, 01/25/2048 105,803   0.1
 100,000 (3) Sofi Professional Loan Program 2018-D A2FX Trust, 3.600%, 02/25/2048 104,671   0.1
 100,000 (3) Sofi Professional Loan Program 2019-C A2FX LLC, 2.370%, 11/16/2048 102,933   0.0
 183,622 (3) SoFi Professional Loan Program 2020-C AFX Trust, 1.950%, 02/15/2046 187,988   0.1
      1,357,639   0.4
         
  Total Asset-Backed Securities    
  (Cost $9,740,738) 9,895,894   2.9
       
COMMERCIAL MORTGAGE-BACKED SECURITIES: 1.5%  
 80,000 (3),(4) BAMLL Re-REMIC Trust 2016-FRR16 B, 0.990%, 05/27/2021 78,179   0.0
 3,000,000 (4),(5) BANK 2017-BNK8 XB, 0.222%, 11/15/2050 35,801   0.0
 991,461 (4),(5) BANK 2019-BNK16 XA, 1.124%, 02/15/2052 64,071   0.0
 2,180,000 (3),(4),(5) BBCCRE Trust 2015-GTP XA, 0.749%, 08/10/2033 59,805   0.0
 995,195 (4),(5) Benchmark 2019-B9 XA Mortgage Trust, 1.211%, 03/15/2052 72,644   0.0
 189,860 (3) BX Commercial Mortgage Trust 2019-XL J, 2.802%, (US0001M + 2.650%), 10/15/2036 185,998   0.1
 100,000 (3) BX Trust 2019-CALM E, 2.152%, (US0001M + 2.000%), 11/25/2028 95,471   0.0
 100,000 (3) BXMT 2017-FL1 B Ltd., 1.651%, (US0001M + 1.500%), 06/15/2035 99,503   0.0
 100,000 (3) BXMT 2020-FL2 B Ltd., 1.551%, (US0001M + 1.400%), 02/16/2037 97,820   0.0
 60,000   Cantor Commercial Real Estate Lending 2019-CF2 A5, 2.874%, 11/15/2052 66,528   0.0
 60,000 (4) CCUBS Commercial Mortgage Trust 2017-C1 C, 4.539%, 11/15/2050 56,268   0.0
 810,838 (4),(5) CD 2017-CD4 Mortgage Trust XA, 1.453%, 05/10/2050 49,690   0.0
 100,000 (4) Citigroup Commercial Mortgage Trust 2013-GC17 C, 5.261%, 11/10/2046 99,072   0.0
 961,999 (4),(5) Citigroup Commercial Mortgage Trust 2016-P4 XA, 2.121%, 07/10/2049 75,533   0.0
 1,314,901 (4),(5) Citigroup Commercial Mortgage Trust 2017-C4 XA, 1.248%, 10/12/2050 66,813   0.0
 80,000 (4) Citigroup Commercial Mortgage Trust 2017-P8 C, 4.410%, 09/15/2050 74,956   0.0
 982,859 (4),(5) Citigroup Commercial Mortgage Trust 2017-P8 XA, 1.051%, 09/15/2050 49,320   0.0
 1,469,880 (4),(5) Citigroup Commercial Mortgage Trust 2018-C5 XA, 0.753%, 06/10/2051 65,314   0.0
 1,117,722 (4),(5) Citigroup Commercial Mortgage Trust 2019-GC41 XA, 1.188%, 08/10/2056 80,881   0.0
 60,000   Citigroup Commercial Mortgage Trust 2019-GC43 A4, 3.038%, 11/10/2052 67,582   0.0
 746,037 (4),(5) COMM 2012-CR4 XA, 1.843%, 10/15/2045 18,657   0.0
 2,380,000 (3),(4),(5) COMM 2012-CR4 XB, 0.766%, 10/15/2045 28,809   0.0
 177,000 (4) Comm 2013-CCRE13 C Mortgage Trust, 5.050%, 11/10/2046 175,527   0.1
 20,000 (4) COMM 2016-COR1 C, 4.528%, 10/10/2049 20,262   0.0
 1,498,957 (4),(5) COMM 2016-CR28 XA, 0.770%, 02/10/2049 40,185   0.0
 749,260 (4),(5) COMM 2017-COR2 XA, 1.318%, 09/10/2050 47,316   0.0
 110,000   COMM 2018-COR3 A3 Mortgage Trust, 4.228%, 05/10/2051 131,392   0.1
 110,000 (3) Credit Suisse Mortgage Capital Certificates 2019-ICE4 C, 1.582%, (US0001M + 1.430%), 05/15/2036 109,454   0.1
 170,000 (4) CSAIL 2018-CX11 A5 Commercial Mortgage Trust, 4.033%, 04/15/2051 199,718   0.1
 110,000 (3),(4) DBJPM 16-C3 Mortgage Trust, 3.632%, 08/10/2049 86,602   0.0
 130,000 (3),(4) DBWF 2015-LCM D Mortgage Trust, 3.535%, 06/10/2034 107,741   0.1
 240,000 (3) Great Wolf Trust 2019-WOLF A, 1.186%, (US0001M + 1.034%), 12/15/2029 232,186   0.1

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 100,000 (3) GS Mortgage Securities Corp. II 2018-RIVR F, 2.252%, (US0001M + 2.100%), 07/15/2035 85,593   0.0
 31,356 (3),(4) GS Mortgage Securities Trust 2010-C2 F, 4.548%, 12/10/2043 31,059   0.0
 1,148,626 (4),(5) GS Mortgage Securities Trust 2014-GC22 XA, 1.138%, 06/10/2047 26,027   0.0
 1,894,937 (4),(5) GS Mortgage Securities Trust 2016-GS4 XA, 0.678%, 11/10/2049 42,176   0.0
 850,608 (4),(5) GS Mortgage Securities Trust 2017-GS6 XA, 1.183%, 05/10/2050 48,682   0.0
 50,000   GS Mortgage Securities Trust 2019-GC38 A4, 3.968%, 02/10/2052 58,846   0.0
 1,224,754 (4),(5) GS Mortgage Securities Trust 2019-GC38 XA, 1.123%, 02/10/2052 82,167   0.0
 90,000   GS Mortgage Securities Trust 2019-GSA1 A4, 3.048%, 11/10/2052 101,400   0.1
 100,000 (3),(4) JP Morgan Chase Commercial Mortgage Securities Trust 2011-C4 G, 3.873%, 07/15/2046 91,845   0.0
 150,000 (3),(4) JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5 B, 5.605%, 08/15/2046 151,490   0.1
 40,000 (3),(4) JP Morgan Chase Commercial Mortgage Securities Trust 2013-C13 E, 3.986%, 01/15/2046 33,316   0.0
 290,000 (3),(4) JP Morgan Chase Commercial Mortgage Securities Trust 2013-C16 D, 5.194%, 12/15/2046 279,803   0.1
 100,000 (3) JP Morgan Chase Commercial Mortgage Securities Trust 2014-C20 A4A2, 3.538%, 07/15/2047 105,537   0.1
 1,272,433 (4),(5) JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP4 XA, 0.819%, 12/15/2049 36,483   0.0
 100,000 (3),(4) JP Morgan Chase Commercial Mortgage Securities Trust 2020-LOOP E, 3.862%, 12/05/2038 90,698   0.0
 100,000 (3),(4) JPMBB Commercial Mortgage Securities Trust 2013-C17 F, 3.867%, 01/15/2047 69,741   0.0
 491,574 (4),(5) JPMBB Commercial Mortgage Securities Trust 2014-C19 XA, 0.900%, 04/15/2047 7,752   0.0
 100,000   JPMCC Commercial Mortgage Securities Trust 2019-COR4 A5, 4.029%, 03/10/2052 119,182   0.1
 430,470 (3),(4),(5) LB-UBS Commercial Mortgage Trust 2006-C7 XW, 0.875%, 11/15/2038 1,278   0.0
 1,635,620 (4),(5) Morgan Stanley Bank of America Merrill Lynch Trust 2014 C19 XA, 1.150%, 12/15/2047 51,521   0.0
 62,000   Morgan Stanley Capital I Trust 2019-H6 A4, 3.417%, 06/15/2052 70,893   0.0
 4,554,165 (4),(5) Morgan Stanley Capital I Trust 2019-L3 XA, 0.766%, 11/15/2029 227,164   0.1
 75,000   Morgan Stanley Capital I, Inc. 2017-HR2 D, 2.730%, 12/15/2050 61,553   0.0
 50,000 (3) MRCD 2019-PARK E Mortgage Trust, 2.718%, 12/15/2036 49,547   0.0
 40,000 (3),(4) UBS-Barclays Commercial Mortgage Trust 2012-C4 D, 4.620%, 12/10/2045 21,313   0.0
 60,000 (3),(4) UBS-Barclays Commercial Mortgage Trust 2012-C4 E, 4.620%, 12/10/2045 26,878   0.0
 60,000   UBS Commercial Mortgage Trust 2019-C17 A4, 2.921%, 09/15/2052 66,393   0.0
 80,000   Wells Fargo Commercial Mortgage Trust 2018-C44 A5, 4.212%, 05/15/2051 94,424   0.0
 400,000 (3) Wells Fargo Commercial Mortgage Trust 2018-C45 D, 3.000%, 06/15/2051 301,581   0.1
 1,082,580 (4),(5) Wells Fargo Commercial Mortgage Trust 2019-C52 XA, 1.765%, 08/15/2052 118,703   0.1
 1,534,328 (3),(4),(5) WFRBS Commercial Mortgage Trust 2012-C8 XA, 1.956%, 08/15/2045 35,713   0.0
         
  Total Commercial Mortgage-Backed Securities    
  (Cost $5,458,929) 5,327,856   1.5
       
SOVEREIGN BONDS: 0.2%  
 145,500 (8) Argentine Republic Government International Bond, 0.125% (Step Rate @ 0.500% on 07/09/2021), 07/09/2030 61,037   0.0
 8,843   Argentine Republic Government International Bond, 1.000%, 07/09/2029 4,050   0.0
 200,000   Brazilian Government International Bond, 4.625%, 01/13/2028 217,037   0.1

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

 200,000   Colombia Government International Bond, 3.125%, 04/15/2031 205,350   0.1
 100,000 (3) Dominican Republic International Bond, 5.500%, 01/27/2025 106,625   0.0
 80,000   Turkey Government International Bond, 7.375%, 02/05/2025 82,906     0.0
         
  Total Sovereign Bonds    
  (Cost $662,903) 677,005   0.2
       
    Value Percentage
of Net
Assets
PURCHASED OPTIONS (9): 0.0%
  Total Purchased Options    
  (Cost $36,071) 21,261   0.0
       
  Total Long-Term Investments    
  (Cost $316,115,119) 343,036,328   98.5
       
Principal
Amount†		   Value Percentage
of Net
Assets
SHORT-TERM INVESTMENTS: 1.4%
    U.S. Treasury Bills: 0.8%
 2,450,000 (10) United States Treasury Bill, 0.060%, 10/13/2020    
    (Cost $2,449,939) 2,449,952   0.8
         
    Repurchase Agreements: 0.6%
  208,941 (11) Bank of Nova Scotia, Repurchase Agreement dated 09/30/20, 0.06%, due 10/01/20 (Repurchase Amount $208,941, collateralized by various U.S. Government Securities, 0.000%-3.000%, Market Value plus accrued interest $213,120, due 11/24/20-02/15/49) 208,941   0.0
  1,000,000 (11) National Bank Financial, Repurchase Agreement dated 09/30/20, 0.14%, due 10/01/20 (Repurchase Amount $1,000,004, collateralized by various U.S. Government Securities, 0.000%-6.750%, Market Value plus accrued interest $1,020,000, due 10/01/20-09/09/49) 1,000,000   0.3
  1,000,000 (11) RBC Dominion Securities Inc., Repurchase Agreement dated 09/30/20, 0.08%, due 10/01/20 (Repurchase Amount $1,000,002, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-5.500%, Market Value plus accrued interest $1,020,000, due 10/27/20-07/15/61) 1,000,000   0.3
       
  Total Repurchase Agreements    
  (Cost $2,208,941) 2,208,941   0.6
       
  Total Short-Term Investments    
  (Cost $4,658,880) 4,658,893   1.4
       
  Total Investments in Securities
(Cost $320,773,999)		 $   347,695,221   99.9
  Assets in Excess of Other Liabilities 432,214     0.1
  Net Assets $   348,127,435     100.0

 

† Unless otherwise indicated, principal amount is shown in USD.
(1) Non-income producing security.
(2) Security, or a portion of the security, is on loan.
(3) 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.
(4) Variable rate security. Rate shown is the rate in effect as of September 30, 2020.
(5) Interest only securities represent the right to receive the monthly interest payments on an underlying pool of mortgage loans. Principal amount shown represents the notional amount on which current interest is calculated. Payments of principal on the pool reduce the value of the interest only security.
(6) The Federal Housing Finance Agency (“FHFA”) placed the Federal Home Loan Mortgage Corporation and Federal National Mortgage Association into conservatorship with FHFA as the conservator. As such, the FHFA oversees the continuing affairs of these companies.
(7) Represents or includes a TBA transaction.
(8) Step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rates shown reflect the current and next coupon rate as of September 30, 2020.
(9) The tables within the Portfolio of Investments detail open purchased options which are non-income producing securities.
(10) Represents a zero coupon bond. Rate shown reflects the effective yield as of September 30, 2020.
(11) All or a portion of the security represents securities purchased with cash collateral received for securities on loan.

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

Reference Rate Abbreviations:
12MTA 12-month Treasury Average
US0001M 1-month LIBOR
US0003M 3-month LIBOR

 

Fair Value Measurements
The following is a summary of the fair valuations according to the inputs used as of September 30, 2020 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
September 30, 2020		 
Asset Table                    
Investments, at fair value                    
Common Stock                    
  Communication Services  $10,210,441   $1,501,751   $–   $11,712,192 
  Consumer Discretionary   13,215,602    2,874,737    –    16,090,339 
  Consumer Staples   6,994,126    3,471,560    –    10,465,686 
  Energy   2,080,606    757,977    –    2,838,583 
  Financials   11,163,859    4,111,885    –    15,275,744 
  Health Care   14,858,774    3,873,404    –    18,732,178 
  Industrials   9,975,746    4,230,418    –    14,206,164 
  Information Technology   28,271,976    2,207,511    –    30,479,487 
  Materials   3,149,840    2,324,537    –    5,474,377 
  Real Estate   3,923,875    904,293    –    4,828,168 
  Utilities   3,189,418    1,158,687    –    4,348,105 
Total Common Stock   107,034,263    27,416,760    –    134,451,023 
Exchange-Traded Funds   94,074,825    –    –    94,074,825 
Mutual Funds   51,598,206    –    –    51,598,206 
Preferred Stock   –    36,849    –    36,849 
Purchased Options   –    21,261    –    21,261 
Corporate Bonds/Notes   –    21,985,955    –    21,985,955 
Collateralized Mortgage Obligations   –    14,493,637    –    14,493,637 
Asset-Backed Securities   –    9,895,894    –    9,895,894 
Sovereign Bonds   –    677,005    –    677,005 
Commercial Mortgage-Backed Securities   –    5,327,856    –    5,327,856 
U.S. Government Agency Obligations   –    4,517,084    –    4,517,084 
U.S. Treasury Obligations   –    5,956,733    –    5,956,733 
Short-Term Investments   –    4,658,893    –    4,658,893 
Total Investments, at fair value  $252,707,294   $94,987,927   $–   $347,695,221 
Other Financial Instruments+                    
Centrally Cleared Swaps   –    1,627    –    1,627 
Forward Foreign Currency Contracts   –    20,269    –    20,269 
Futures   289,388    –    –    289,388 
Total Assets  $252,996,682   $95,009,823   $–   $348,006,505 
Liabilities Table                    
Other Financial Instruments+                    
Forward Foreign Currency Contracts  $–   $(9,594)  $–   $(9,594)
Futures   (363,976)   –    –    (363,976)
Total Liabilities  $(363,976)  $(9,594)  $–   $(373,570)

 

+ 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.
# 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 Portfolio 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 Portfolio's investments are categorized as Level 2 investments.

 

Transactions with Affiliates

 

An investment of at least 5% of the voting securities of an issuer, or a company which is under common control results in that issuer becoming an affiliated person as defined by the 1940 Act.

 

The following table provides transactions during the period ended September 30, 2020, where the following issuers were considered an affiliate:

 

 

Issuer   Beginning Fair Value
at 12/31/19		     Purchases at Cost     Sales at Cost     Change in Unrealized
Appreciation/(Depreciation)		     Ending Fair Value at
9/30/2020		     Investment Income     Realized
Gains/(Losses)		     Net Capital Gain
Distributions		  
Voya Emerging Markets Local Currency Debt Fund - Class P   $ 887,452     $ 28,861     $ -     $ (99,287 )   $ 817,026       28,860     $ -     $         -  
Voya Floating Rate Fund - Class P     11,211,748       577,056       (12,133,030 )     344,226       -       201,245       (1,693,972 )     -  
Voya High Yield Bond Fund - Class P     14,931,064       15,596,495       (1,493,173 )     517,374       29,551,760       1,044,424       (47,200 )     -  
Voya Short Term Bond Fund - Class R6     7,449,420       907,530       (4,309,529 )     4,673       4,052,094       88,542       (115,361 )     -  
Voya Small Company Fund - Class R6     9,373,972       1,164,792       (10,178,584 )     (360,180 )     -       -       (1,814,994 )     -  
Voya Strategic Income Opportunities Fund - Class P     11,187,744       7,028,761       (947,944 )     (91,235 )     17,177,326       487,140       (13,794 )     -  
    $ 55,041,400     $ 25,303,495     $ (29,062,260 )   $ 315,571     $ 51,598,206     $ 1,850,211     $ (3,685,321 )   $ -  

 

 

 

 

 

The financial statements for the above mutual fund[s] can be found at www.sec.gov.

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

At September 30, 2020, the following forward foreign currency contracts were outstanding for Voya Balanced Portfolio:
 
Currency Purchased  Currency Sold  Counterparty  Settlement Date  Unrealized
Appreciation
(Depreciation)		 
USD 7,824  RON 32,186  Barclays Bank PLC  10/22/20  $92 
USD 7,823  RON 32,186  Barclays Bank PLC  10/22/20   92 
USD 822  PHP 40,551  Barclays Bank PLC  10/22/20   (14)
USD 7,824  RON 32,186  Barclays Bank PLC  10/22/20   92 
USD 8,879  PEN 31,539  BNP Paribas  10/16/20   127 
USD 8,882  PEN 31,539  BNP Paribas  10/16/20   130 
USD 27,234  IDR 406,367,367  BNP Paribas  10/22/20   (51)
USD 107,303  RUB 7,975,403  BNP Paribas  10/22/20   4,832 
USD 27,233  IDR 406,367,367  BNP Paribas  10/22/20   (53)
USD 76,115  THB 2,370,100  BNP Paribas  10/22/20   1,322 
USD 104,314  MXN 2,370,278  Citibank N.A.  10/16/20   (2,699)
USD 27,263  IDR 406,367,367  Citibank N.A.  10/22/20   (22)
RUB 2,766,189  USD 37,675  Citibank N.A.  10/22/20   (2,135)
USD 22,638  TRY 167,972  Citibank N.A.  10/22/20   1,003 
USD 68,795  BRL 373,929  Goldman Sachs International  10/16/20   2,236 
USD 178  ILS 607  Goldman Sachs International  10/22/20   1 
CLP 32,402,870  USD 40,564  HSBC Bank USA N.A.  10/16/20   715 
USD 54,677  ZAR 950,629  HSBC Bank USA N.A.  10/22/20   (1,938)
USD 8,867  PEN 31,539  JPMorgan Chase Bank N.A.  10/16/20   115 
EUR 179,252  USD 209,068  Morgan Stanley Capital Services LLC  10/02/20   1,098 
USD 212,942  EUR 179,252  Morgan Stanley Capital Services LLC  10/02/20   2,776 
MXN 549,308  USD 24,427  Morgan Stanley Capital Services LLC  10/16/20   373 
USD 35,955  CZK 807,549  Morgan Stanley Capital Services LLC  10/22/20   963 
USD 76,449  PLN 288,089  Morgan Stanley Capital Services LLC  10/22/20   1,916 
USD 31,421  HUF 9,282,257  Morgan Stanley Capital Services LLC  10/22/20   1,489 
USD 74,903  MYR 317,910  Morgan Stanley Capital Services LLC  10/22/20   (1,576)
USD 209,345  EUR 179,252  Morgan Stanley Capital Services LLC  12/04/20   (1,106)
USD 39,507  CLP 30,887,854  Standard Chartered Bank  10/16/20   158 
USD 42,538  COP 160,078,860  Standard Chartered Bank  10/16/20   739 
            $10,675 

 

At September 30, 2020, the following futures contracts were outstanding for Voya Balanced Portfolio:
 
Description  Number
of Contracts		  Expiration
Date		  Notional
Value		   Unrealized
Appreciation/
(Depreciation)		 
Long Contracts:                
E-mini Russell 2000® Index  191  12/18/20  $14,367,020   $(263,935)
S&P 500® E-Mini  36  12/18/20   6,033,600    (36,518)
U.S. Treasury 2-Year Note  28  12/31/20   6,186,906    2,166 
U.S. Treasury 5-Year Note  15  12/31/20   1,890,469    65 
U.S. Treasury Long Bond  3  12/21/20   528,844    (1,413)
U.S. Treasury Ultra Long Bond  16  12/21/20   3,549,000    (51,815)
         $32,555,839   $(351,450)
Short Contracts:                
Mini MSCI EAFE Index  (80)  12/18/20   (7,412,800)   228,026 
Mini MSCI Emerging Markets Index  (47)  12/18/20   (2,557,975)   59,131 
U.S. Treasury 10-Year Note  (67)  12/21/20   (9,348,594)   (10,086)
U.S. Treasury Ultra 10-Year Note  (6)  12/21/20   (959,531)   (209)
         $(20,278,900)  $276,862 

 

At September 30, 2020, the following centrally cleared credit default swaps were outstanding for Voya Balanced Portfolio:

 

Centrally Cleared Credit Default Swaps on Credit Indices - Buy Protection(1)

  

Reference
Entity/Obligation		  Buy/Sell
Protection		  (Pay)/
Receive
Financing
Rate (%)(2)		  Termination
Date		  Notional Amount(3)   Fair
Value(4)		    Unrealized
Appreciation/
(Depreciation)		 
CDX North American Investment Grade Index, Series 35, Version 1  Buy  (1.000) 12/20/25  USD   1,457,000  $(30,366)  $1,627 
               $(30,366)  $1,627 

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

(1) If a Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Portfolio will either i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.
(2) Payments made quarterly.
(3) The maximum amount of future payments (undiscounted) that a Portfolio as seller of protection could be required to make or receive as a buyer of credit protection under a credit default swap agreement would be an amount equal to the notional amount of the agreement.
(4) The fair values for credit default swap agreements serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. Increasing fair values, in absolute terms, when compared to the notional amount of the agreement, represent a deterioration of the referenced obligation’s credit soundness and a greater likelihood or risk of default or other credit event occurring.

  

At September 30, 2020, the following OTC purchased credit default swaptions were outstanding for Voya Balanced Portfolio:    
     
Description  Counterparty  Reference Entity(1)  Fixed Rate  Pay/
Receive Financing Rate		  Strike
Price		  Expiration
Date		  Notional
Amount		   Cost    Fair Value 
Put on 5-Year Credit Default Swap  Citibank N.A.  CDX North American High Yield Index, Series 34, Version 8  5.000%  Pay  99.000%  11/18/20  USD   1,287,000  $11,625   $9,140 
                        $11,625   $9,140 

 

At September 30, 2020, the following OTC purchased foreign currency options were outstanding for Voya Balanced Portfolio:
     
Description  Counterparty  Expiration
Date		  Exercise
Price		  Notional
Amount		   Cost   Fair Value 
     
Call USD vs. Put AUD  Citibank N.A.  10/14/20  0.670   USD799,000   $5,610   $80 
Call USD vs. Put AUD  Standard Chartered Bank  10/16/20  0.670   USD799,000    5,319    130 
Call USD vs. Put AUD  Morgan Stanley Capital Services LLC  12/21/20  0.688   USD738,000    6,765    5,972 
Call USD vs. Put AUD  Morgan Stanley Capital Services LLC  12/21/20  0.688   USD327,000    2,975    2,646 
Call USD vs. Put AUD  Morgan Stanley Capital Services LLC  12/21/20  0.688   USD407,000    3,777    3,293 
                  $24,446   $12,121 

 

(1) Payments received quarterly.

 

Currency Abbreviations
BRL - Brazilian Real
CLP - Chilean Peso

 

 

 

 

Voya Balanced Portfolio PORTFOLIO OF INVESTMENTS
as of September 30, 2020 (Unaudited) (Continued)

 

COP - Colombian Peso
CZK - Czech Koruna
EUR - EU Euro
HUF - Hungarian Forint
IDR - Indonesian Rupiah
ILS - Israeli New Shekel
MXN - Mexican Peso
MYR - Malaysian Ringgit
PEN - Peruvian Nuevo Sol
PHP - Philippine Peso
PLN - Polish Zloty
RON - Romanian New Leu
RUB - Russian Ruble
THB - Thai Baht
TRY - Turkish Lira
USD - United States Dollar
ZAR - South African Rand

 

At September 30, 2020, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments on a tax basis were:

 

  Cost for federal income tax purposes was $322,186,743.        
           
  Net unrealized appreciation consisted of:        
           
  Gross Unrealized Appreciation  $35,256,423         
  Gross Unrealized Depreciation   (9,827,784)        
                
  Net Unrealized Appreciation  $25,428,639