PORTFOLIO
OF
INVESTMENTS
as
of
January
31,
2026
(Unaudited)
Voya
Global
High
Dividend
Low
Volatility
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
97.7%
Australia
:
1.6%
12,756
ASX
Ltd.
$
507,744
0.2
14,905
Computershare
Ltd.
338,501
0.1
261,211
Medibank
Pvt
Ltd.
838,139
0.3
261,539
Scentre
Group
741,193
0.3
467,153
Telstra
Group
Ltd.
1,587,056
0.6
27,430
Transurban
Group
265,324
0.1
4,277,957
1.6
Austria
:
0.2%
7,914
OMV
AG
470,155
0.2
Canada
:
4.3%
30,215
Bank
of
Nova
Scotia
2,258,941
0.8
28,688
Canadian
Natural
Resources
Ltd.
1,066,701
0.4
7,905
Canadian
Tire
Corp.
Ltd.
-
Class
A
972,530
0.3
12,844
CCL
Industries,
Inc.
-
Class
B
774,045
0.3
13,157
Keyera
Corp.
445,540
0.2
5,859
Stantec,
Inc.
580,629
0.2
32,993
Suncor
Energy,
Inc.
1,743,845
0.6
4,551
Thomson
Reuters
Corp.
502,844
0.2
16,489
TMX
Group
Ltd.
608,748
0.2
29,460
Toronto-Dominion
Bank
2,753,336
1.0
1,292
WSP
Global,
Inc.
249,766
0.1
11,956,925
4.3
Denmark
:
0.6%
34,162
Danske
Bank
A/S
1,740,487
0.6
France
:
3.6%
2,730
Air
Liquide
SA
511,228
0.2
35,557
AXA
SA
1,621,374
0.6
17,740
BNP
Paribas
SA
1,918,278
0.7
4,927
Bureau
Veritas
SA
158,612
0.1
37,162
Carrefour
SA
608,686
0.2
1,958
Covivio
SA/France
125,089
0.0
5,444
Eiffage
SA
807,388
0.3
52,405
Engie
SA
1,564,632
0.6
21,690
Getlink
SE
429,342
0.2
2,330
Ipsen
SA
380,643
0.1
2,547
Safran
SA
910,024
0.3
7,633
Societe
Generale
SA
668,878
0.2
3,973
TotalEnergies
SE
288,952
0.1
9,993,126
3.6
Germany
:
1.3%
38,441
Deutsche
Telekom
AG,
Reg
1,290,018
0.5
21,687
Fresenius
SE
&
Co.
KGaA
1,213,127
0.4
10,813
(1)
Scout24
SE
1,076,560
0.4
241
Talanx
AG
30,398
0.0
3,610,103
1.3
Hong
Kong
:
1.1%
278,000
HKT
Trust
&
HKT
Ltd.
-
Stapled
Security
416,617
0.1
98,600
Link
REIT
453,339
0.2
128,500
(2)
Power
Assets
Holdings
Ltd.
996,742
0.4
44,000
Swire
Pacific
Ltd.
-
Class
A
424,595
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Hong
Kong
(continued)
706,500
(1)
WH
Group
Ltd.
$
833,738
0.3
3,125,031
1.1
Ireland
:
0.3%
62,838
(3)
AIB
Group
PLC
702,414
0.3
Israel
:
0.3%
33,775
Bank
Leumi
Le-Israel
BM
811,928
0.3
Italy
:
1.1%
1,354
FinecoBank
Banca
Fineco
SpA
35,895
0.0
149,270
Intesa
Sanpaolo
SpA
1,056,744
0.4
20,803
UniCredit
SpA
1,812,905
0.7
2,905,544
1.1
Japan
:
4.4%
78,600
Asahi
Kasei
Corp.
762,499
0.3
23,100
Astellas
Pharma,
Inc.
321,319
0.1
55,300
Central
Japan
Railway
Co.
1,542,764
0.6
41,600
Concordia
Financial
Group
Ltd.
378,882
0.1
32,800
Daiwa
House
Industry
Co.
Ltd.
1,117,629
0.4
74,700
Japan
Airlines
Co.
Ltd.
1,411,473
0.5
96,400
Kirin
Holdings
Co.
Ltd.
1,498,755
0.5
151,000
Mitsubishi
Chemical
Group
Corp.
996,933
0.4
16,600
MS&AD
Insurance
Group
Holdings,
Inc.
422,928
0.2
29,000
Nitto
Denko
Corp.
644,477
0.2
39,400
Secom
Co.
Ltd.
1,443,364
0.5
11,900
Takeda
Pharmaceutical
Co.
Ltd.
405,073
0.2
458,300
Z
Holdings
Corp.
1,173,441
0.4
12,119,537
4.4
Netherlands
:
1.5%
776
ASR
Nederland
NV
56,362
0.0
1,987
(1)
Euronext
NV
278,288
0.1
2,531
Heineken
Holding
NV
188,128
0.1
4,929
ING
Groep
NV
145,361
0.0
322,935
Koninklijke
KPN
NV
1,581,584
0.6
23,686
NN
Group
NV
1,877,530
0.7
4,127,253
1.5
New
Zealand
:
0.1%
18,272
Fisher
&
Paykel
Healthcare
Corp.
Ltd.
426,860
0.1
Norway
:
1.0%
63,295
DNB
Bank
ASA
1,814,881
0.7
29,633
Orkla
ASA
352,584
0.1
39,738
Telenor
ASA
668,455
0.2
2,835,920
1.0
Puerto
Rico
:
0.6%
12,349
Popular,
Inc.
1,648,962
0.6
Singapore
:
0.5%
8,700
DBS
Group
Holdings
Ltd.
404,397
0.2
62,200
Singapore
Exchange
Ltd.
861,850
0.3
1,266,247
0.5
PORTFOLIO
OF
INVESTMENTS
as
of
January
31,
2026
(Unaudited)
(continued)
Voya
Global
High
Dividend
Low
Volatility
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Spain
:
1.1%
45,905
(1)
Aena
SME
SA
$
1,425,703
0.5
1,155
Amadeus
IT
Group
SA
77,439
0.0
81,178
Repsol
SA
1,599,301
0.6
3,102,443
1.1
Sweden
:
0.8%
20,199
Essity
AB
-
Class
B
598,065
0.2
30,050
Swedbank
AB
-
Class
A
1,168,352
0.5
68,063
Telia
Co.
AB
310,943
0.1
2,077,360
0.8
Switzerland
:
0.5%
9,785
ABB
Ltd.,
Reg
842,470
0.3
3,791
Dufry
AG,
Reg
232,090
0.1
1,551
Galderma
Group
AG
289,105
0.1
1,363,665
0.5
United
Kingdom
:
4.5%
34,078
(1)
Auto
Trader
Group
PLC
251,205
0.1
53,241
BAE
Systems
PLC
1,445,325
0.5
83,265
Barclays
PLC
555,714
0.2
37,926
British
American
Tobacco
PLC
2,291,238
0.9
141,000
CK
Hutchison
Holdings
Ltd.
1,136,926
0.4
28,635
Hikma
Pharmaceuticals
PLC
600,656
0.2
33,577
Imperial
Brands
PLC
1,414,183
0.5
144,132
NatWest
Group
PLC
1,313,727
0.5
35,579
Pearson
PLC
467,967
0.2
68,172
Rolls-Royce
Holdings
PLC
1,139,625
0.4
90,478
Sage
Group
PLC
1,186,452
0.4
29,958
Smith
&
Nephew
PLC
510,580
0.2
12,313,598
4.5
United
States
:
68.3%
17,289
AbbVie,
Inc.
3,855,620
1.4
151,854
ADT,
Inc.
1,214,832
0.4
7,982
AECOM
769,704
0.3
75,660
Aegon
Ltd.
594,272
0.2
3,575
Agree
Realty
Corp.
258,222
0.1
8,552
Allstate
Corp.
1,701,762
0.6
28,107
Alphabet,
Inc.
-
Class
A
9,500,166
3.5
34,639
Altria
Group,
Inc.
2,147,272
0.8
2,114
Ameriprise
Financial,
Inc.
1,114,480
0.4
5,890
AmerisourceBergen
Corp.
2,115,806
0.8
6,713
AMETEK,
Inc.
1,503,578
0.6
778
Aon
PLC
-
Class
A
272,020
0.1
10,636
AptarGroup,
Inc.
1,328,968
0.5
6,307
Assurant,
Inc.
1,501,886
0.6
31,975
AT&T,
Inc.
838,065
0.3
6,228
Automatic
Data
Processing,
Inc.
1,537,195
0.6
22,060
Avnet,
Inc.
1,376,323
0.5
14,759
Axis
Capital
Holdings
Ltd.
1,522,834
0.6
12,716
Bank
of
New
York
Mellon
Corp.
1,524,903
0.6
15,081
Black
Hills
Corp.
1,100,611
0.4
175
Booking
Holdings,
Inc.
875,322
0.3
45,030
Bristol-Myers
Squibb
Co.
2,478,901
0.9
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
States
(continued)
44,217
Brixmor
Property
Group,
Inc.
$
1,184,573
0.4
6,923
Broadridge
Financial
Solutions,
Inc.
1,364,593
0.5
8,356
Cardinal
Health,
Inc.
1,795,537
0.7
6,188
Cboe
Global
Markets,
Inc.
1,640,191
0.6
11,815
Charles
Schwab
Corp.
1,227,815
0.5
8,955
Chesapeake
Energy
Corp.
1,006,632
0.4
7,148
Chubb
Ltd.
2,212,735
0.8
5,703
Church
&
Dwight
Co.,
Inc.
548,914
0.2
6,650
Cigna
Group
1,822,831
0.7
8,446
Cintas
Corp.
1,616,480
0.6
42,968
Cisco
Systems,
Inc.
3,365,254
1.2
18,917
Citigroup,
Inc.
2,188,886
0.8
7,798
CME
Group,
Inc.
2,254,090
0.8
23,420
CNA
Financial
Corp.
1,120,881
0.4
45,420
Coca-Cola
Co.
3,397,870
1.2
13,751
Cognizant
Technology
Solutions
Corp.
-
Class
A
1,128,407
0.4
22,675
Colgate-Palmolive
Co.
2,047,326
0.7
25,138
Commerce
Bancshares,
Inc.
1,323,264
0.5
21,421
COPT
Defense
Properties
659,981
0.2
782
Corteva,
Inc.
56,930
0.0
1,855
Coterra
Energy,
Inc.
53,517
0.0
710
Cullen/Frost
Bankers,
Inc.
97,852
0.0
18,740
CVS
Health
Corp.
1,396,505
0.5
4,123
Digital
Realty
Trust,
Inc.
684,212
0.3
13,098
Dolby
Laboratories,
Inc.
-
Class
A
840,761
0.3
6,859
DT
Midstream,
Inc.
864,371
0.3
16,570
Duke
Energy
Corp.
2,010,769
0.7
3,814
DuPont
de
Nemours,
Inc.
167,511
0.1
2,813
Ecolab,
Inc.
793,238
0.3
20,096
Edison
International
1,251,579
0.5
22,519
Element
Solutions,
Inc.
655,303
0.2
2,472
Elevance
Health,
Inc.
854,669
0.3
3,731
Emerson
Electric
Co.
548,308
0.2
14,841
Entergy
Corp.
1,423,103
0.5
11,240
EOG
Resources,
Inc.
1,260,341
0.5
15,956
Equitable
Holdings,
Inc.
740,358
0.3
10,003
Essent
Group
Ltd.
629,389
0.2
11,755
Evergy,
Inc.
901,961
0.3
36,857
Exelon
Corp.
1,650,456
0.6
1,354
First
Hawaiian,
Inc.
35,949
0.0
6,648
Flowserve
Corp.
519,541
0.2
9,906
Fortive
Corp.
523,136
0.2
16,738
Fox
Corp.
-
Class
A
1,218,192
0.4
1,536
General
Dynamics
Corp.
539,274
0.2
1,799
General
Motors
Co.
151,116
0.1
32,010
Genpact
Ltd.
1,411,641
0.5
16,407
Gilead
Sciences,
Inc.
2,328,974
0.9
10,208
Globe
Life,
Inc.
1,431,366
0.5
6,989
GSK
PLC
180,746
0.1
27,146
H&R
Block,
Inc.
1,070,910
0.4
11,633
Hancock
Whitney
Corp.
800,350
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
January
31,
2026
(Unaudited)
(continued)
Voya
Global
High
Dividend
Low
Volatility
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
States
(continued)
8,004
Hanover
Insurance
Group,
Inc.
$
1,393,817
0.5
14,012
Hartford
Financial
Services
Group,
Inc.
1,892,461
0.7
4,618
Hexcel
Corp.
382,417
0.1
2,078
Honeywell
International,
Inc.
472,787
0.2
1,005
Humana,
Inc.
196,176
0.1
5,292
Ingredion,
Inc.
624,985
0.2
12,457
Interactive
Brokers
Group,
Inc.
-
Class
A
932,780
0.3
3,955
Intuit,
Inc.
1,973,229
0.7
9,681
Jack
Henry
&
Associates,
Inc.
1,734,932
0.6
21,863
Johnson
&
Johnson
4,968,367
1.8
469
JPMorgan
Chase
&
Co.
143,462
0.1
64,635
Kinder
Morgan,
Inc.
1,970,721
0.7
3,072
Lancaster
Colony
Corp.
527,063
0.2
6,235
Leidos
Holdings,
Inc.
1,173,926
0.4
10,755
Marsh
&
McLennan
Cos.,
Inc.
2,023,983
0.7
1,898
McKesson
Corp.
1,577,637
0.6
23,764
Medtronic
PLC
2,446,741
0.9
7,927
Meta
Platforms,
Inc.
-
Class
A
5,679,695
2.1
18,158
MetLife,
Inc.
1,432,303
0.5
2,946
Microsoft
Corp.
1,267,634
0.5
15,663
National
Fuel
Gas
Co.
1,311,776
0.5
5,399
National
Retail
Properties,
Inc.
224,976
0.1
12,209
NetApp,
Inc.
1,176,337
0.4
16,441
New
York
Times
Co.
-
Class
A
1,205,290
0.4
37,842
NiSource,
Inc.
1,676,022
0.6
1,432
NVIDIA
Corp.
273,698
0.1
20,217
ONEOK,
Inc.
1,600,984
0.6
9,025
Paycom
Software,
Inc.
1,216,119
0.4
3,429
PayPal
Holdings,
Inc.
180,674
0.1
18,005
PepsiCo,
Inc.
2,766,108
1.0
97,689
Pfizer,
Inc.
2,582,897
0.9
17,334
PG&E
Corp.
267,290
0.1
4,430
Philip
Morris
International,
Inc.
794,919
0.3
16,852
Portland
General
Electric
Co.
846,813
0.3
2,874
Primerica,
Inc.
755,977
0.3
24,590
Procter
&
Gamble
Co.
3,732,024
1.4
7,701
Qualcomm,
Inc.
1,167,395
0.4
885
Ralph
Lauren
Corp.
312,768
0.1
9,132
Raytheon
Technologies
Corp.
1,834,893
0.7
16,746
Regency
Centers
Corp.
1,220,281
0.4
76,861
Rithm
Capital
Corp.
840,859
0.3
14,999
Rollins,
Inc.
950,037
0.3
4,871
Ross
Stores,
Inc.
918,914
0.3
2,134
RPM
International,
Inc.
228,253
0.1
55,650
Sabra
Health
Care
REIT,
Inc.
1,042,324
0.4
711
Sanofi
67,064
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
States
(continued)
6,810
Simon
Property
Group,
Inc.
$
1,302,821
0.5
13,574
SLM
Corp.
368,534
0.1
19,242
SS&C
Technologies
Holdings,
Inc.
1,575,727
0.6
2,503
STERIS
PLC
657,288
0.2
15,934
Synchrony
Financial
1,157,286
0.4
7,433
Textron,
Inc.
654,550
0.2
16,333
TJX
Cos.,
Inc.
2,446,847
0.9
10,326
Tradeweb
Markets,
Inc.
-
Class
A
1,064,301
0.4
19,228
Travel
+
Leisure
Co.
1,337,115
0.5
11,721
Truist
Financial
Corp.
602,694
0.2
9,441
Union
Pacific
Corp.
2,219,579
0.8
18,981
Unum
Group
1,441,987
0.5
38,080
US
Bancorp
2,136,669
0.8
997
Valero
Energy
Corp.
180,886
0.1
7,583
Ventas,
Inc.
588,972
0.2
14,859
Veralto
Corp.
1,470,744
0.5
5,242
VeriSign,
Inc.
1,280,254
0.5
61,444
Verizon
Communications,
Inc.
2,735,487
1.0
4,248
Visa,
Inc.
-
Class
A
1,367,134
0.5
1,855
Watts
Water
Technologies,
Inc.
-
Class
A
555,220
0.2
31,479
Williams
Cos.,
Inc.
2,117,278
0.8
1,945
Zions
Bancorp
NA
116,525
0.0
187,519,036
68.3
Total
Common
Stock
(Cost
$216,692,584)
268,394,551
97.7
EXCHANGE-TRADED
FUNDS
:
1.8%
19,509
iShares
MSCI
EAFE
Value
ETF
1,469,808
0.5
16,178
iShares
Russell
1000
Value
ETF
3,556,895
1.3
5,026,703
1.8
Total
Exchange-Traded
Funds
(Cost
$4,901,648)
5,026,703
1.8
Total
Long-Term
Investments
(Cost
$221,594,232)
273,421,254
99.5
PORTFOLIO
OF
INVESTMENTS
as
of
January
31,
2026
(Unaudited)
(continued)
Voya
Global
High
Dividend
Low
Volatility
Fund
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
0.3%
Repurchase
Agreements
:
0.1%
141,000
(4)
Citadel
Securities
LLC,
Repurchase
Agreement
dated
01/30/2026,
3.710%,
due
02/02/2026
(Repurchase
Amount
$141,043,
collateralized
by
various
U.S.
Government
Securities,
0.000%-4.500%,
Market
Value
plus
accrued
interest
$143,864,
due
02/15/26-11/15/55)
$
141,000
0.1
10,406
(4)
HSBC
Securities
(USA)
Inc.,
Repurchase
Agreement
dated
01/30/2026,
3.670%,
due
02/02/2026
(Repurchase
Amount
$10,409,
collateralized
by
various
U.S.
Government
Securities,
3.875%-4.500%,
Market
Value
plus
accrued
interest
$10,614,
due
12/31/31-05/15/43)
10,406
0.0
Total
Repurchase
Agreements
(Cost
$151,406)
151,406
0.1
Shares
RA
Value
Percentage
of
Net
Assets
Mutual
Funds
:
0.2%
587,000
(5)
Morgan
Stanley
Institutional
Liquidity
Funds
-
Government
Portfolio
(Institutional
Share
Class),
3.610%
(Cost
$587,000)
$
587,000
0.2
Total
Short-Term
Investments
(Cost
$738,406)
738,406
0.3
Total
Investments
in
Securities
(Cost
$222,332,638)
$
274,159,660
99.8
Assets
in
Excess
of
Other
Liabilities
561,441
0.2
Net
Assets
$
274,721,101
100.0
†
Unless
otherwise
indicated,
principal
amount
is
shown
in
USD.
(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)
Security,
or
a
portion
of
the
security,
is
on
loan.
(3)
Non-income
producing
security.
(4)
All
or
a
portion
of
the
security
represents
securities
purchased
with
cash
collateral
received
for
securities
on
loan.
(5)
Rate
shown
is
the
7-day
yield
as
of
January
31,
2026.
Sector
Diversification
Percentage
of
Net
Assets
Financials
26.1
%
Industrials
13.8
Health
Care
12.2
Communication
Services
10.7
Consumer
Staples
8.9
Utilities
5.5
Information
Technology
5.5
Energy
5.3
Consumer
Discretionary
3.7
Real
Estate
3.5
Materials
2.5
Exchange-Traded
Funds
1.8
Short-Term
Investments
0.3
Assets
in
Excess
of
Other
Liabilities
0.2
Net
Assets
100.0%
Portfolio
holdings
are
subject
to
change
daily.
PORTFOLIO
OF
INVESTMENTS
as
of
January
31,
2026
(Unaudited)
(continued)
Voya
Global
High
Dividend
Low
Volatility
Fund
Fair
Value
Measurements
The
following
is
a
summary
of
the
fair
valuations
according
to
the
inputs
used
as
of
January
31,
2026
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
January
31,
2026
Asset
Table
Investments,
at
fair
value
Common
Stock
Australia
$
—
$
4,277,957
$
—
$
4,277,957
Austria
—
470,155
—
470,155
Canada
11,956,925
—
—
11,956,925
Denmark
—
1,740,487
—
1,740,487
France
—
9,993,126
—
9,993,126
Germany
—
3,610,103
—
3,610,103
Hong
Kong
—
3,125,031
—
3,125,031
Ireland
—
702,414
—
702,414
Israel
—
811,928
—
811,928
Italy
—
2,905,544
—
2,905,544
Japan
—
12,119,537
—
12,119,537
Netherlands
—
4,127,253
—
4,127,253
New
Zealand
—
426,860
—
426,860
Norway
668,455
2,167,465
—
2,835,920
Puerto
Rico
1,648,962
—
—
1,648,962
Singapore
—
1,266,247
—
1,266,247
Spain
—
3,102,443
—
3,102,443
Sweden
—
2,077,360
—
2,077,360
Switzerland
—
1,363,665
—
1,363,665
United
Kingdom
—
12,313,598
—
12,313,598
United
States
186,676,954
842,082
—
187,519,036
Total
Common
Stock
200,951,296
67,443,255
—
268,394,551
Exchange-Traded
Funds
5,026,703
—
—
5,026,703
Short-Term
Investments
587,000
151,406
—
738,406
Total
Investments,
at
fair
value
$
206,564,999
$
67,594,661
$
—
$
274,159,660
#
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.
Net
unrealized
appreciation
consisted
of:
Gross
Unrealized
Appreciation
$
56,192,633
Gross
Unrealized
Depreciation
(4,365,611)
Net
Unrealized
Appreciation
$
51,827,022