Voya Strategic Allocation Conservative Portfolio	PORTFOLIO OF INVESTMENTS
	as of March 31, 2022 (Unaudited)

Shares			Value		Percentage of Net Assets
EXCHANGE-TRADED FUNDS: 9.0%
10,187		iShares 20+ Year Treasury Bond ETF	$	1,345,499	1.9
13,648		iShares Core S&P Small-Cap ETF	1,472,346		2.1
21,887		Vanguard Short-Term Treasury ETF	1,297,024		1.9
14,669		Vanguard Value ETF	2,167,785		3.1
	Total Exchange-Traded Funds
	(Cost $4,955,464)		6,282,654		9.0
MUTUAL FUNDS: 91.0%
		Affiliated Investment Companies: 91.0%
319,945		Voya Global Bond Fund - Class R6	2,713,133		3.9
458,497		Voya High Yield Bond Fund - Class R6	3,479,990		5.0
1,942,081		Voya Intermediate Bond Fund - Class R6	18,566,294		26.6
33,903		Voya Large-Cap Growth Fund - Class R6	1,792,131		2.6
505,528		Voya Limited Maturity Bond Portfolio - Class I	4,949,121		7.1
67,753		Voya MidCap Opportunities Portfolio - Class R6	1,080,665		1.6
125,113		Voya Multi-Manager Emerging Markets Equity Fund - Class I	1,279,905		1.8
164,240		Voya Multi-Manager International Equity Fund - Class I	1,668,681		2.4
334,757		Voya Multi-Manager International Factors Fund - Class I	3,116,589		4.5
104,356		Voya Multi-Manager Mid Cap Value Fund - Class I	1,062,346		1.5
478,721		Voya U.S. Bond Index Portfolio - Class I	4,825,508		6.9
214,569		Voya U.S. High Dividend Low Volatility Fund - Class R6	2,510,460		3.6
584,503		Voya U.S. Stock Index Portfolio - Class I	12,186,895		17.5
129,137		VY® BrandywineGLOBAL - Bond Portfolio - Class I	1,407,592		2.0
27,812		VY® T. Rowe Price Growth Equity Portfolio - Class I	2,803,988		4.0
	Total Mutual Funds
	(Cost $61,037,482)		63,443,298		91.0
	Total Investments in Securities (Cost $65,992,946)		$	69,725,952		100.0
	Liabilities in Excess of Other Assets		(529		)	–
	Net Assets		$	69,725,423		100.0

Voya Strategic Allocation Conservative Portfolio	PORTFOLIO OF INVESTMENTS
	as of March 31, 2022 (Unaudited) (Continued)

Fair Value Measurements 

The following is a summary of the fair valuations according to the inputs used as of March 31, 2022 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 March 31, 2022
Asset Table
Investments, at fair value
Exchange-Traded Funds	$	6,282,654	$	–	$	–	$	6,282,654
Mutual Funds		63,443,298		–		–		63,443,298
Total Investments, at fair value	$	69,725,952	$	–	$	–	$	69,725,952

Transactions with Affiliates

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

The following table provides transactions during the period ended March 31, 2022, where the following issuers were considered an affiliate:

Issuer	Beginning Fair Value at 12/31/2021		Purchases at Cost		Sales at Cost			Change in Unrealized Appreciation/(Depreciation)			Ending Fair Value at 3/31/2022		Investment Income		Realized Gains/(Losses)			Net Capital Gain Distributions
Voya Global Bond Fund - Class R6	$	2,954,609	$	89,178	$	(106,696	)	$	(223,958	)	$	2,713,133	$	26,425	$	(3,908	)	$	-
Voya High Yield Bond Fund - Class R6		9,794,752		216,661		(6,122,338	)		(409,085	)		3,479,990		68,007		31,175			-
Voya Intermediate Bond Fund - Class R6		17,119,861		4,853,982		(2,218,659	)		(1,188,890	)		18,566,294		107,920		(122,088	)		-
Voya Large-Cap Growth Fund - Class R6		1,906,044		118,544		(67,770	)		(164,687	)		1,792,131		-		(5,213	)		-
Voya Limited Maturity Bond Portfolio - Class I		3,716,334		1,562,968		(228,600	)		(101,581	)		4,949,121		10,539		(5,796	)		-
Voya MidCap Opportunities Portfolio - Class R6		1,065,126		179,220		(48,223	)		(115,458	)		1,080,665		-		(10,688	)		-
Voya Multi-Manager Emerging Markets Equity Fund - Class I		1,433,411		93,868		(70,017	)		(177,357	)		1,279,905		-		(16,622	)		-
Voya Multi-Manager International Equity Fund - Class I		1,832,057		108,470		(84,761	)		(187,085	)		1,668,681		-		(21,367	)		-
Voya Multi-Manager International Factors Fund - Class I		3,351,626		72,478		(156,711	)		(150,804	)		3,116,589		-		(25,494	)		-
Voya Multi-Manager Mid Cap Value Fund - Class I		1,159,655		23,532		(68,355	)		(52,486	)		1,062,346		-		(7,310	)		-
Voya U.S. Bond Index Portfolio - Class I		5,210,873		129,856		(207,261	)		(307,960	)		4,825,508		20,040		(15,185	)		-
Voya U.S. High Dividend Low Volatility Fund - Class R6		2,669,909		101,971		(218,430	)		(42,990	)		2,510,460		-		(4,593	)		-
Voya U.S. Stock Index Portfolio - Class I		14,634,416		323,207		(2,089,709	)		(681,019	)		12,186,895		-		(75,571	)		-
VY® BrandywineGLOBAL - Bond Portfolio - Class I		-		1,452,536		(24,030	)		(20,914	)		1,407,592		-		(363	)		-
VY® T. Rowe Price Growth Equity Portfolio - Class I		2,951,457		411,514		(123,171	)		(435,812	)		2,803,988		-		(23,078	)		-
	$	69,800,130	$	9,737,985	$	(11,834,731	)	$	(4,260,086	)	$	63,443,298	$	232,931	$	(306,101	)	$	-

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

At March 31, 2022, 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 $67,743,418.
Net unrealized appreciation consisted of:
Gross Unrealized Appreciation	$	5,826,661
Gross Unrealized Depreciation		(3,844,127	)
Net Unrealized Appreciation	$	1,982,534