PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2025
(Unaudited)
Voya
Asia
Pacific
High
Dividend
Equity
Income
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
97
.6
%
Australia
:
13
.1
%
50,936
ANZ
Group
Holdings
Ltd.
$
953,177
1
.2
15,230
Aristocrat
Leisure
Ltd.
611,980
0
.8
11,155
ASX
Ltd.
512,536
0
.7
19,224
BHP
Group
Ltd.
-
Class
DI
472,238
0
.6
5,508
BlueScope
Steel
Ltd.
80,852
0
.1
3,249
Cochlear
Ltd.
568,099
0
.7
7,750
Commonwealth
Bank
of
Australia
879,384
1
.1
31,284
Fortescue
Metals
Group
Ltd.
311,238
0
.4
153,472
GPT
Group
475,201
0
.6
48,473
Insurance
Australia
Group
Ltd.
269,981
0
.4
67,576
Lottery
Corp.
Ltd.
222,059
0
.3
100,204
Medibank
Pvt
Ltd.
307,945
0
.4
48,269
National
Australia
Bank
Ltd.
1,181,242
1
.5
6,248
Northern
Star
Resources
Ltd.
84,965
0
.1
2,406
Pro
Medicus
Ltd.
436,203
0
.6
44,146
QBE
Insurance
Group
Ltd.
659,460
0
.9
494
Rio
Tinto
Ltd.
35,924
0.0
250,760
Scentre
Group
593,726
0
.8
190,042
South32
Ltd.
-
Class
DI
374,693
0
.5
199,414
Telstra
Group
Ltd.
614,648
0
.8
27,232
Treasury
Wine
Estates
Ltd.
148,124
0
.2
207,899
Vicinity
Ltd.
330,187
0
.4
10,123,862
13
.1
China
:
28
.1
%
4,000
Airtac
International
Group
122,740
0
.2
122,100
Alibaba
Group
Holding
Ltd.
1,738,437
2
.2
70,000
Aluminum
Corp.
of
China
Ltd.
-
Class
H
40,654
0
.1
1,067,000
Bank
of
China
Ltd.
-
Class
H
618,227
0
.8
40,000
Beijing
Enterprises
Holdings
Ltd.
167,599
0
.2
40,300
(1)
BOC
Aviation
Ltd.
325,448
0
.4
72,000
Bosideng
International
Holdings
Ltd.
40,214
0.0
13,500
BYD
Co.
Ltd.
-
Class
H
670,923
0
.9
551,000
China
CITIC
Bank
Corp.
Ltd.
-
Class
H
485,034
0
.6
478,000
China
Communications
Services
Corp.
Ltd.
-
Class
H
274,568
0
.4
1,045,960
China
Construction
Bank
Corp.
-
Class
H
935,169
1
.2
145,000
(1)
China
Feihe
Ltd.
112,062
0
.1
119,000
China
Gas
Holdings
Ltd.
108,347
0
.1
48,500
China
Hongqiao
Group
Ltd.
86,183
0
.1
18,000
China
Mengniu
Dairy
Co.
Ltd.
40,220
0
.1
17,000
China
Merchants
Bank
Co.
Ltd.
-
Class
H
105,253
0
.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
China
(continued)
194,000
China
Merchants
Port
Holdings
Co.
Ltd.
$
375,080
0
.5
108,500
China
Minsheng
Banking
Corp.
Ltd.
-
Class
H
55,704
0
.1
52,000
China
Pacific
Insurance
Group
Co.
Ltd.
-
Class
H
161,554
0
.2
146,906
China
Railway
Signal
&
Communication
Corp.
Ltd.
-
Class
A
102,224
0
.1
196,500
(1)
China
Resources
Pharmaceutical
Group
Ltd.
128,870
0
.2
200,200
(1)
China
Tower
Corp.
Ltd.
-
Class
H
296,457
0
.4
43,300
China
XD
Electric
Co.
Ltd.
-
Class
A
37,393
0.0
16,900
China
Yangtze
Power
Co.
Ltd.
-
Class
A
70,870
0
.1
179,800
Chongqing
Rural
Commercial
Bank
Co.
Ltd.
-
Class
A
180,850
0
.2
267,000
CMOC
Group
Ltd.
-
Class
H
212,829
0
.3
8,300
Dong-E-E-Jiao
Co.
Ltd.
-
Class
A
63,011
0
.1
37,300
Dongfang
Electric
Corp.
Ltd.
-
Class
A
82,463
0
.1
186,000
Far
East
Horizon
Ltd.
143,750
0
.2
4,000
(1)
Giant
Biogene
Holding
Co.
Ltd.
36,048
0.0
49,100
Goldwind
Science
&
Technology
Co.
Ltd.
-
Class
A
62,932
0
.1
171,000
Great
Wall
Motor
Co.
Ltd.
-
Class
H
263,883
0
.3
102,000
Guangdong
Investment
Ltd.
82,738
0
.1
29,000
Hisense
Home
Appliances
Group
Co.
Ltd.
-
Class
H
95,433
0
.1
26,600
(1)
Huatai
Securities
Co.
Ltd.
-
Class
H
44,606
0
.1
1,700
Imeik
Technology
Development
Co.
Ltd.
-
Class
A
39,933
0.0
525,414
Industrial
&
Commercial
Bank
of
China
Ltd.
-
Class
H
381,069
0
.5
32,304
JD.com,
Inc.
-
Class
A
522,780
0
.7
26,600
Jiangsu
Zhongtian
Technology
Co.
Ltd.
-
Class
A
49,003
0
.1
62,800
Kingsoft
Corp.
Ltd.
266,288
0
.3
282,000
Kunlun
Energy
Co.
Ltd.
281,708
0
.4
234,000
Lenovo
Group
Ltd.
267,139
0
.3
43,330
(1)(2)
Meituan
-
Class
B
749,377
1
.0
17,600
MINISO
Group
Holding
Ltd.
75,030
0
.1
41,200
NARI
Technology
Co.
Ltd.
-
Class
A
126,651
0
.2
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2025
(Unaudited)
(continued)
Voya
Asia
Pacific
High
Dividend
Equity
Income
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
China
(continued)
12,900
NetEase,
Inc.
$
311,900
0
.4
4,679
(2)
PDD
Holdings,
Inc.,
ADR
451,570
0
.6
756,000
People's
Insurance
Co.
Group
of
China
Ltd.
-
Class
H
493,128
0
.6
174,000
PetroChina
Co.
Ltd.
-
Class
H
145,620
0
.2
258,000
PICC
Property
&
Casualty
Co.
Ltd.
-
Class
H
490,230
0
.6
101,500
Ping
An
Insurance
Group
Co.
of
China
Ltd.
-
Class
H
592,819
0
.8
4,000
(1)
Pop
Mart
International
Group
Ltd.
111,792
0
.1
6,084
Qifu
Technology,
Inc.,
ADR
250,052
0
.3
7,800
Seres
Group
Co.
Ltd.
-
Class
A
146,561
0
.2
135,000
Shandong
Nanshan
Aluminum
Co.
Ltd.
-
Class
A
70,155
0
.1
139,230
Shanghai
Baosight
Software
Co.
Ltd.
-
Class
B
192,595
0
.2
152,000
Shanghai
Pharmaceuticals
Holding
Co.
Ltd.
-
Class
H
220,440
0
.3
22,400
Sichuan
Chuantou
Energy
Co.
Ltd.
-
Class
A
52,389
0
.1
3,500
Sieyuan
Electric
Co.
Ltd.
-
Class
A
35,018
0.0
23,600
Sinopharm
Group
Co.
Ltd.
-
Class
H
56,892
0
.1
56,300
Tencent
Holdings
Ltd.
3,549,301
4
.6
13,938
Tencent
Music
Entertainment
Group,
ADR
234,716
0
.3
12,100
Tianqi
Lithium
Corp.
-
Class
A
48,391
0
.1
85,200
Tongcheng
Travel
Holdings
Ltd.
239,409
0
.3
208,000
TravelSky
Technology
Ltd.
-
Class
H
295,020
0
.4
20,509
Trina
Solar
Co.
Ltd.
-
Class
A
38,052
0.0
4,545
Vipshop
Holdings
Ltd.,
ADR
62,676
0
.1
26,000
Weichai
Power
Co.
Ltd.
-
Class
H
50,624
0
.1
7,500
Wuliangye
Yibin
Co.
Ltd.
-
Class
A
131,099
0
.2
145,000
(1)(2)
Xiaomi
Corp.
-
Class
B
933,367
1
.2
122,300
Yangzijiang
Shipbuilding
Holdings
Ltd.
200,366
0
.3
39,280
Yealink
Network
Technology
Corp.
Ltd.
-
Class
A
183,609
0
.2
46,100
Yunnan
Yuntianhua
Co.
Ltd.
-
Class
A
139,389
0
.2
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
China
(continued)
26,900
Zhejiang
China
Commodities
City
Group
Co.
Ltd.
-
Class
A
$
65,549
0
.1
78,000
Zhejiang
Expressway
Co.
Ltd.
-
Class
H
61,713
0
.1
129,400
Zhejiang
Longsheng
Group
Co.
Ltd.
-
Class
A
175,997
0
.2
40,400
Zhejiang
NHU
Co.
Ltd.
-
Class
A
122,957
0
.2
35,600
Zhuzhou
CRRC
Times
Electric
Co.
Ltd.
-
Class
H
150,753
0
.2
56,800
ZTE
Corp.
-
Class
H
158,465
0
.2
7,550
ZTO
Express
Cayman,
Inc.
133,492
0
.2
21,722,857
28
.1
Hong
Kong
:
3
.7
%
27,174
AIA
Group
Ltd.
226,200
0
.3
40,000
CK
Asset
Holdings
Ltd.
165,230
0
.2
13,300
Hong
Kong
Exchanges
&
Clearing
Ltd.
665,324
0
.9
5,800
Jardine
Matheson
Holdings
Ltd.
258,717
0
.3
97,100
Link
REIT
513,876
0
.7
13,500
Power
Assets
Holdings
Ltd.
85,369
0
.1
9,500
Sun
Hung
Kai
Properties
Ltd.
102,046
0
.1
39,000
Swire
Pacific
Ltd.
-
Class
A
332,220
0
.4
568,000
(1)
WH
Group
Ltd.
522,422
0
.7
2,871,404
3
.7
India
:
17
.2
%
1,792
ABB
India
Ltd.
125,183
0
.2
1,534
Apollo
Hospitals
Enterprise
Ltd.
123,538
0
.2
21,775
Axis
Bank
Ltd.
303,812
0
.4
4,071
Bajaj
Finance
Ltd.
437,377
0
.6
36,327
Bank
of
Baroda
106,119
0
.1
105,862
Bharat
Electronics
Ltd.
476,805
0
.6
19,530
Bharat
Heavy
Electricals
Ltd.
59,426
0
.1
68,741
Bharat
Petroleum
Corp.
Ltd.
256,225
0
.3
5,313
BSE
Ltd.
166,437
0
.2
5,082
Cipla
Ltd./India
87,167
0
.1
10,564
Colgate-Palmolive
India
Ltd.
303,530
0
.4
2,218
Cummins
India
Ltd.
84,803
0
.1
26,181
GAIL
India
Ltd.
58,186
0
.1
10,733
Havells
India
Ltd.
191,626
0
.2
26,636
HCL
Technologies
Ltd.
509,850
0
.7
2,166
(1)
HDFC
Asset
Management
Co.
Ltd.
121,182
0
.2
13,923
HDFC
Bank
Ltd.
317,724
0
.4
4,338
Hero
MotoCorp
Ltd.
218,585
0
.3
2,337
Hindustan
Aeronautics
Ltd.
136,017
0
.2
23,020
Hindustan
Petroleum
Corp.
Ltd.
110,761
0
.1
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2025
(Unaudited)
(continued)
Voya
Asia
Pacific
High
Dividend
Equity
Income
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
India
(continued)
48,505
ICICI
Bank
Ltd.
$
822,719
1
.1
211,907
Indian
Oil
Corp.
Ltd.
352,052
0
.5
3,175
Info
Edge
India
Ltd.
53,028
0
.1
43,383
Infosys
Ltd.
792,814
1
.0
13,139
Kalyan
Jewellers
India
Ltd.
86,174
0
.1
8,122
Larsen
&
Toubro
Ltd.
349,139
0
.4
5,576
(1)
LTIMindtree
Ltd.
330,573
0
.4
11,776
Lupin
Ltd.
270,047
0
.3
2,865
(1)
Macrotech
Developers
Ltd.
47,842
0
.1
9,470
Mphasis
Ltd.
283,362
0
.4
5,332
Muthoot
Finance
Ltd.
138,344
0
.2
215,516
NHPC
Ltd.
220,459
0
.3
396,300
NMDC
Ltd.
330,551
0
.4
18,695
Oil
&
Natural
Gas
Corp.
Ltd.
52,372
0
.1
1,587
Oracle
Financial
Services
Software
Ltd.
157,444
0
.2
1,146
Persistent
Systems
Ltd.
75,497
0
.1
4,154
PI
Industries
Ltd.
185,713
0
.2
8,107
Pidilite
Industries
Ltd.
294,573
0
.4
54,810
Power
Finance
Corp.
Ltd.
260,605
0
.3
157,464
Power
Grid
Corp.
of
India
Ltd.
533,972
0
.7
73,372
REC
Ltd.
346,039
0
.4
7,512
Reliance
Industries
Ltd.
124,941
0
.2
49,077
Shriram
Finance
Ltd.
367,254
0
.5
1,650
Solar
Industries
India
Ltd.
310,775
0
.4
6,167
Sun
Pharmaceutical
Industries
Ltd.
121,070
0
.2
18,047
Tata
Consultancy
Services
Ltd.
730,717
0
.9
178,877
Tata
Steel
Ltd.
337,623
0
.4
21,859
Tech
Mahindra
Ltd.
402,316
0
.5
88,570
Vedanta
Ltd.
451,781
0
.6
2,511
Voltas
Ltd.
37,088
0.0
92,766
Wipro
Ltd.
271,032
0
.3
13,332,269
17
.2
Indonesia
:
0
.5
%
1,807,800
Adaro
Energy
Indonesia
Tbk
PT
244,158
0
.3
519,400
Kalbe
Farma
Tbk
PT
48,250
0
.1
705,200
Sumber
Alfaria
Trijaya
Tbk
PT
105,217
0
.1
397,625
0
.5
Malaysia
:
2
.3
%
329,900
AMMB
Holdings
Bhd
406,016
0
.5
263,200
Axiata
Group
Bhd
126,720
0
.2
157,400
CIMB
Group
Holdings
Bhd
256,395
0
.3
368,400
Genting
Bhd
259,740
0
.3
34,600
Hong
Leong
Bank
Bhd
159,208
0
.2
39,000
Malayan
Banking
Bhd
89,628
0
.1
127,400
Public
Bank
Bhd
129,048
0
.2
148,600
RHB
Bank
Bhd
224,589
0
.3
188,800
Sime
Darby
Bhd
75,346
0
.1
11,800
Tenaga
Nasional
Bhd
38,820
0
.1
1,765,510
2
.3
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
New
Zealand
:
0
.3
%
12,504
Fisher
&
Paykel
Healthcare
Corp.
Ltd.
$
272,118
0
.3
Philippines
:
0
.2
%
17,030
International
Container
Terminal
Services,
Inc.
125,006
0
.2
Singapore
:
3
.2
%
202,700
CapitaLand
Ascendas
REIT
415,985
0
.6
26,900
DBS
Group
Holdings
Ltd.
928,117
1
.2
300,100
Genting
Singapore
Ltd.
160,087
0
.2
3,000
Oversea-Chinese
Banking
Corp.
Ltd.
37,680
0
.1
80,900
Sembcorp
Industries
Ltd.
414,272
0
.5
45,000
Singapore
Exchange
Ltd.
488,727
0
.6
2,444,868
3
.2
South
Korea
:
9
.7
%
1,158
CJ
CheilJedang
Corp.
193,938
0
.2
4,022
DB
Insurance
Co.
Ltd.
293,126
0
.4
812
Hana
Financial
Group,
Inc.
42,706
0
.1
6,009
HD
Hyundai
Co.
Ltd.
485,461
0
.6
373
HD
Hyundai
Electric
Co.
Ltd.
102,126
0
.1
128
HD
Hyundai
Heavy
Industries
Co.
Ltd.
37,480
0.0
823
HD
Korea
Shipbuilding
&
Offshore
Engineering
Co.
Ltd.
188,077
0
.2
1,126
Hyundai
Mobis
Co.
Ltd.
206,414
0
.3
6,274
KB
Financial
Group,
Inc.
472,080
0
.6
6,116
Kia
Corp.
395,539
0
.5
15,506
Korea
Electric
Power
Corp.
339,120
0
.4
4,126
Korea
Investment
Holdings
Co.
Ltd.
322,515
0
.4
13,427
Korean
Air
Lines
Co.
Ltd.
218,741
0
.3
1,619
LG
Chem
Ltd.
231,016
0
.3
2,952
LG
Corp.
151,643
0
.2
694
LG
Electronics,
Inc.
35,694
0.0
21,562
LG
Uplus
Corp.
199,745
0
.3
5,584
Mirae
Asset
Securities
Co.
Ltd.
62,824
0
.1
2,265
NAVER
Corp.
306,927
0
.4
30,844
NH
Investment
&
Securities
Co.
Ltd.
384,798
0
.5
38,393
Samsung
Electronics
Co.
Ltd.
1,557,900
2
.0
942
Samsung
Fire
&
Marine
Insurance
Co.
Ltd.
275,686
0
.4
1,811
Samsung
Life
Insurance
Co.
Ltd.
129,596
0
.2
1,363
Samsung
SDS
Co.
Ltd.
128,285
0
.2
3,767
Shinhan
Financial
Group
Co.
Ltd.
157,562
0
.2
2,295
SK
Hynix,
Inc.
338,538
0
.4
989
SK,
Inc.
117,108
0
.2
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2025
(Unaudited)
(continued)
Voya
Asia
Pacific
High
Dividend
Equity
Income
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
South
Korea
(continued)
8,490
Woori
Financial
Group,
Inc.
$
118,468
0
.2
7,493,113
9
.7
Taiwan
:
16
.4
%
8,000
Accton
Technology
Corp.
195,213
0
.2
12,000
ASE
Technology
Holding
Co.
Ltd.
54,598
0
.1
135,000
AUO
Corp.
57,357
0
.1
218,000
China
Airlines
Ltd.
159,539
0
.2
262,000
Compal
Electronics,
Inc.
248,313
0
.3
46,000
Delta
Electronics,
Inc.
565,266
0
.7
3,000
eMemory
Technology,
Inc.
238,595
0
.3
145,000
Eva
Airways
Corp.
195,900
0
.3
39,000
Far
Eastern
New
Century
Corp.
42,458
0
.1
7,000
Fortune
Electric
Co.
Ltd.
105,008
0
.1
161,000
Hon
Hai
Precision
Industry
Co.
Ltd.
819,915
1
.1
4,000
International
Games
System
Co.
Ltd.
111,390
0
.1
14,000
MediaTek,
Inc.
574,821
0
.7
22,000
Micro-Star
International
Co.
Ltd.
103,256
0
.1
3,000
(2)
PharmaEssentia
Corp.
49,500
0
.1
28,000
President
Chain
Store
Corp.
238,438
0
.3
18,000
Realtek
Semiconductor
Corp.
320,965
0
.4
65,000
Ruentex
Development
Co.
Ltd.
64,314
0
.1
232,627
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
7,419,415
9
.6
77,000
Uni-President
Enterprises
Corp.
203,591
0
.3
32,000
United
Microelectronics
Corp.
49,271
0
.1
5,000
Voltronic
Power
Technology
Corp.
222,816
0
.3
57,000
Wistron
Corp.
217,222
0
.3
1,000
Wiwynn
Corp.
78,674
0
.1
92,000
Zhen
Ding
Technology
Holding
Ltd.
312,230
0
.4
12,648,065
16
.4
Thailand
:
1
.7
%
10,600
Bumrungrad
Hospital
PCL
45,142
0
.1
54,700
CP
AXTRA
PCL
31,237
0.0
73,400
Kasikornbank
PCL
344,275
0
.5
257,900
Krung
Thai
Bank
PCL
174,183
0
.2
180,200
Minor
International
PCL
136,034
0
.2
62,500
PTT
Exploration
&
Production
PCL
186,234
0
.2
106,300
SCB
X
PCL
383,639
0
.5
1,300,744
1
.7
United
Kingdom
:
0
.6
%
87,000
CK
Hutchison
Holdings
Ltd.
486,479
0
.6
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
States
:
0
.6
%
2,994
CSL
Ltd.
$
477,753
0
.6
Total
Common
Stock
(Cost
$61,785,634)
75,461,673
97
.6
EXCHANGE-TRADED
FUNDS
:
1
.4
%
13,793
iShares
MSCI
All
Country
Asia
ex
Japan
ETF
1,068,268
1
.4
Total
Exchange-Traded
Funds
(Cost
$927,451)
1,068,268
1
.4
Total
Long-Term
Investments
(Cost
$62,713,085)
76,529,941
99
.0
SHORT-TERM
INVESTMENTS
:
0
.7
%
Mutual
Funds
:
0
.7
%
539,000
(3)
Morgan
Stanley
Institutional
Liquidity
Funds
-
Government
Portfolio
(Institutional
Share
Class),
4.220%
(Cost
$539,000)
$
539,000
0
.7
Total
Short-Term
Investments
(Cost
$539,000)
539,000
0
.7
Total
Investments
in
Securities
(Cost
$63,252,085)
$
77,068,941
99
.7
Assets
in
Excess
of
Other
Liabilities
269,051
0
.3
Net
Assets
$
77,337,992
100
.0
ADR
American
Depositary
Receipt
(1)
Securities
with
purchases
pursuant
to
Rule
144A
or
section
4(a)(2),
under
the
Securities
Act
of
1933
and
may
not
be
resold
subject
to
that
rule
except
to
qualified
institutional
buyers.
(2)
Non-income
producing
security.
(3)
Rate
shown
is
the
7-day
yield
as
of
May
31,
2025.
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2025
(Unaudited)
(continued)
Voya
Asia
Pacific
High
Dividend
Equity
Income
Fund
Sector
Diversification
Percentage
of
Net
Assets
Financials
25
.7
%
Information
Technology
24
.2
Consumer
Discretionary
10
.2
Industrials
8
.2
Communication
Services
7
.8
Materials
5
.7
Health
Care
3
.9
Real
Estate
3
.5
Utilities
3
.2
Consumer
Staples
2
.7
Energy
2
.5
Exchange-Traded
Funds
1
.4
Short-Term
Investments
0
.7
Assets
in
Excess
of
Other
Liabilities
0
.3
Net
Assets
100
.0
%
Portfolio
holdings
are
subject
to
change
daily.
PORTFOLIO
OF
INVESTMENTS
as
of
May
31,
2025
(Unaudited)
(continued)
Voya
Asia
Pacific
High
Dividend
Equity
Income
Fund
Fair
Value
Measurements
The
following
is
a
summary
of
the
fair
valuations
according
to
the
inputs
used
as
of
May
31,
2025
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
May
31,
2025
Asset
Table
Investments,
at
fair
value
Common
Stock
Australia
$
—
$
10,123,862
$
—
$
10,123,862
China
1,517,844
20,205,013
—
21,722,857
Hong
Kong
—
2,871,404
—
2,871,404
India
—
13,332,269
—
13,332,269
Indonesia
—
397,625
—
397,625
Malaysia
—
1,765,510
—
1,765,510
New
Zealand
—
272,118
—
272,118
Philippines
—
125,006
—
125,006
Singapore
—
2,444,868
—
2,444,868
South
Korea
—
7,493,113
—
7,493,113
Taiwan
—
12,648,065
—
12,648,065
Thailand
—
1,300,744
—
1,300,744
United
Kingdom
—
486,479
—
486,479
United
States
—
477,753
—
477,753
Total
Common
Stock
1,517,844
73,943,829
—
75,461,673
Exchange-Traded
Funds
1,068,268
—
—
1,068,268
Short-Term
Investments
539,000
—
—
539,000
Total
Investments,
at
fair
value
$
3,125,112
$
73,943,829
$
—
$
77,068,941
Liabilities
Table
Other
Financial
Instruments+
Written
Options
$
—
$
(
113,116
)
$
—
$
(
113,116
)
Total
Liabilities
$
—
$
(
113,116
)
$
—
$
(
113,116
)
#
The
earlier
close
of
the
foreign
markets
gives
rise
to
the
possibility
that
significant
events,
including
broad
market
moves,
may
have
occurred
in
the
interim
and
may
materially
affect
the
value
of
those
securities.
To
account
for
this,
the
Fund
may
frequently
value
many
of
its
foreign
equity
securities
using
fair
value
prices
based
on
third
party
vendor
modeling
tools
to
the
extent
available.
Accordingly,
a
portion
of
the
Fund’s
investments
are
categorized
as
Level
2
investments.
+
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.
At
May
31,
2025,
the
following
OTC
written
equity
options
were
outstanding
for
Voya
Asia
Pacific
High
Dividend
Equity
Income
Fund:
Description
Counterparty
Put/
Call
Expiration
Date
Exercise
Price
Number
of
Contracts
Notional
Amount
Premiums
Received
Fair
Value
iShares
MSCI
Australia
ETF
JPMorgan
Chase
Bank
N.A.
Call
06/20/25
USD
25.470
58,893
USD
1,520,028
$
32,998
$
(
24,938
)
iShares
MSCI
Emerging
Markets
ETF
UBS
AG
Call
06/20/25
USD
46.260
389,105
USD
17,712,060
280,078
(
88,178
)
$
313,076
$
(
113,116
)
Currency
Abbreviations:
USD
—
United
States
Dollar
Net
unrealized
appreciation
consisted
of:
Gross
Unrealized
Appreciation
$
17,341,530
Gross
Unrealized
Depreciation
(
3,524,674
)
Net
Unrealized
Appreciation
$
13,816,856