As filed with the U.S. Securities and Exchange Commission on July 24, 2026

Securities Act File No. 333-294277

U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Form N-14

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933   X

Pre-Effective Amendment No. 

Post-Effective Amendment No. 2

VOYA EQUITY TRUST

(Exact Name of Registrant as Specified in Charter)

7337 East Doubletree Ranch Road, Suite 100

Scottsdale, Arizona 85258-2034

(Address of Principal Executive Offices)

1-800-992-0180

(Registrant’s Telephone Number, Including Area Code)

Joanne F. Osberg, Esq.

Voya Investments, LLC

7337 East Doubletree Ranch Road, Suite 100

Scottsdale, Arizona 85258-2034

(Name and Address of Agent for Service)

With copies to:

Elizabeth J. Reza, Esq.

Ropes & Gray LLP

Prudential Tower

800 Boylston Street

Boston, Massachusetts 02199-3600

It is proposed that this filing will become effective immediately, pursuant to Rule 462(d)

under the Securities Act of 1933, as amended.

No filing fee is required because an indefinite number of shares have previously been registered pursuant to Rule 24f-2 under the

Investment Company Act of 1940, as amended.

Title of Securities Being Registered: Class R, Class I, Class R6, and Class A shares of beneficial interest in the series of the registrant

designated as Voya MidCap Opportunities Fund.


EXPLANATORY NOTE

The purpose of this filing is to file as an exhibit to the Registrant’s Registration Statement on Form N-14 the opinion of counsel supporting the tax matters and consequences to shareholders in connection with the reorganization of VY® Baron Growth Portfolio, a series of Voya Partners, Inc., with and into Voya MidCap Opportunities Fund, a series of Voya Equity Trust (the “Registrant”), as required by Item 16(12) of Form N-14. Accordingly, this Post Effective Amendment (the “Amendment”) consists only of a facing page, this explanatory note, and Part C of the Registration Statement setting forth the exhibits to the Registration Statement. The Registrant hereby incorporates by reference the Proxy Statement/Prospectus and Statement of Additional Information filed as Parts A and B, respectively, to Registrant’s Form N-14 (File No. 333-294277) filed with the U.S. Securities and Exchange Commission on April 22, 2026. This Amendment does not modify any other part of the Registration Statement.


PART C.
OTHER INFORMATION
Item 15. Indemnification
Section 4.3 of the Trust’s Declaration of Trust provides the following:
(a)
Subject to the exceptions and limitations contained in paragraph (b) below:
(i)
every person who is, or has been, a Trustee or officer of the Trust shall be indemnified by the Trust to the fullest extent permitted by law against all liability and against all expenses reasonably incurred or paid by him in connection with any claim, action, suit or proceeding in which he becomes involved as a party or otherwise by virtue of his being or having been a Trustee or officer and against amounts paid or incurred by him in the settlement thereof; and
(ii)
the words “claim”, “action,” “suit,” or “proceeding” shall apply to all claims, actions, suits or proceedings (civil, criminal, administrative or other including appeals), actual or threatened; and the words “liability” and “expenses” shall include, without limitation, attorneys fees, costs, judgments, amounts paid in settlement, fines, penalties and other liabilities.
(b)
No indemnification shall be provided hereunder to a Trustee or officer:
(i)
against any liability to the Trust, a Series thereof, or the Shareholders by reason of a final adjudication by a court or other body before which a proceeding was brought that he engaged in willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his office;
(ii)
with respect to any matter as to which he shall have been finally adjudicated not to have acted in good faith in the reasonable belief that his action was in the best interest of the Trust; or
(iii)
in the event of a settlement or other disposition not involving a final adjudication as provided in paragraph (b) (i) or (b) (ii) resulting in a payment by a Trustee or officer, unless there has been a determination that such Trustee or officer did not engage in willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his office:
(A)
by the court or other body approving the settlement or other disposition; or
(B)
based upon a review of readily available facts (as opposed to a full trial-type inquiry) by (x) vote of a majority of the Disinterested Trustees acting on the matter (provided that a majority of the Disinterested Trustees then in office act on the matter) or (y) written opinion of independent legal counsel.
(c)
The rights of indemnification herein provided may be insured against by policies maintained by the Trust, shall be severable, shall not affect any other rights to which any Trustee or officer may now or hereafter be entitled, shall continue as to a person who has ceased to be such Trustee or officer and shall inure to the benefit of the heirs, executors, administrators and assigns of such a person. Nothing contained herein shall affect any rights to indemnification to which personnel of the Trust other than Trustees and officers may be entitled by contract or otherwise under law.
(d)
Expenses of preparation and presentation of a defense to any claim, action, suit or proceeding of the character described in paragraph (a) of this Section 4.3 may be advanced by the Trust prior to final disposition thereof upon receipt of an undertaking by or on behalf of the recipient to repay such amount if it is ultimately determined that he is not entitled to indemnification under this Section 4.3, provided that either:
(i)
such undertaking is secured by a surety bond or some other appropriate security provided by the recipient, or the Trust shall be insured against losses arising out of any such advances; or
(ii)
a majority of the Disinterested Trustees acting on the matter (provided that a majority of the Disinterested Trustees act on the matter) or an independent legal counsel in a written opinion shall determine, based upon a review of readily available facts (as opposed to a full trial-type inquiry), that there is reason to believe that the recipient ultimately will be found entitled to indemnification.
As used in this Section 4.3, a “Disinterested Trustee” is one who is not (i) an Interested Person of the Trust (including anyone who has been exempted from being an Interested Person by any rule, regulation or order of the Commission), or (ii) involved in the claim, action, suit or proceeding.
C-1
Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended (the “1933 Act”) may be permitted to Trustees, officers and controlling persons of the Trust pursuant to the foregoing provisions or otherwise, the Trust has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the 1933 Act and is therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Trust of expenses incurred or paid by a Trustee, officer or controlling person of the Trust in connection with the successful defense of any action suit or proceeding) is asserted by such Trustee, officer or controlling person in connection with the shares being registered, the Trust will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy, as expressed in the Act and be governed by final adjudication of such issue.
Item 16. Exhibits 
16 (1)(a)
16 (1)(b)
16 (1)(c)
16 (1)(d)
16 (1)(e)
16 (1)(f)
16 (1)(g)
16 (1)(h)
16 (1)(i)
16 (1)(j)
C-2
16 (1)(k)
16 (1)(l)
16 (1)(m)
16 (1)(n)
16 (1)(o)
16 (1)(p)
16 (1)(q)
16 (1)(r)
16 (1)(s)
16 (1)(t)
16 (1)(u)
16 (1)(v)
16 (1)(w)
C-3
16 (1)(x)
16 (1)(y)
16 (1)(z)
16 (1)(aa)
16 (1)(bb)
16 (1)(cc)
16 (1)(dd)
16 (1)(ee)
16 (1)(ff)
16 (1)(gg)
16 (1)(hh)
16 (1)(ii)
16 (1)(jj)
C-4
16 (1)(kk)
16 (1)(ll)
16 (1)(mm)
16 (1)(nn)
16 (1)(oo)
16 (1)(pp)
16 (1)(qq)
16 (1)(rr)
16 (1)(ss)
16 (1)(tt)
16 (1)(uu)
16 (1)(vv)
16 (1)(ww)
C-5
16 (1)(xx)
16 (1)(yy)
16 (1)(zz)
16 (1)(aaa)
16 (1)(bbb)
16 (1)(ccc)
16 (1)(ddd)
16 (1)(eee)
16 (1)(fff)
16 (1)(ggg)
16 (1)(hhh)
16 (1)(iii)
16 (1)(jjj)
C-6
16 (1)(kkk)
16 (1)(lll)
16 (1)(mmm)
16 (1)(nnn)
16 (1)(ooo)
16 (1)(ppp)
16 (1)(qqq)
16 (1)(rrr)
16 (1)(sss)
16 (1)(ttt)
16 (1)(uuu)
16 (1)(vvv)
C-7
16 (1)(www)
16 (1)(xxx)
16 (1)(yyy)
16 (1)(zzz)
16 (1)(aaaa)
16 (1)(bbbb)
16 (1)(cccc)
16 (1)(dddd)
16 (1)(eeee)
16 (1)(ffff)
16 (1)(gggg)
16 (1)(hhhh)
C-8
16 (1)(iiii)
16 (1)(jjjj)
16 (1)(kkkk)
16 (1)(llll)
16 (1)(mmmm)
16 (1)(nnnn)
16 (1)(oooo)
16 (1)(pppp)
16 (1)(qqqq)
16 (1)(rrrr)
16 (1)(ssss)
16 (1)(tttt)
C-9
16 (1)(uuuu)
16 (1)(vvvv)
16 (1)(wwww)
16 (1)(xxxx)
16 (1)(yyyy)
16 (2)
16 (3)
Not applicable.
16 (4)(a)
Form of Agreement and Plan of Reorganization by and between Voya Equity Trust, on behalf of its series, Voya
MidCap Opportunities Fund, and Voya Partners, Inc., on behalf of its series, VY® Baron Growth Portfolio –
Attached as Appendix A to the Combined Proxy Statement/Prospectus.
16 (5)
Not applicable.
16 (6)(a)
16 (6)(a)(i)
16 (6)(a)(ii)
16 (6)(b)
16 (6)(b)(i)
C-10
16 (6)(b)(ii)
16 (6)(c)
16 (6)(c)(i)
16 (6)(d)
16 (6)(e)
16 (6)(f)
16 (6)(g)
16 (6)(g)(i)
16 (6)(g)(ii)
16 (6)(g)(iii)
16 (6)(g)(iv)
16 (6)(g)(v)
C-11
16 (6)(g)(vi)
16 (6)(g)(vii)
16 (6)(h)
16 (6)(h)(i)
16 (6)(h)(ii)
16 (7)(a)
16 (7)(a)(i)
16 (7)(b)
16 (7)(b)(i)
16 (8)
16 (9)(a)
16 (9)(a)(i)
16 (9)(a)(ii)
16 (9)(a)(iii)
C-12
16 (9)(b)
16 (9)(b)(i)
16 (9)(b)(ii)
16 (9)(b)(iii)
16 (9)(b)(iv)
16 (9)(c)
16 (9)(c)(i)
16 (9)(c)(ii)
16 (9)(c)(iii)
16 (9)(c)(iv)
16 (10)(a)
16 (10)(a)(i)
16 (10)(b)
16 (10)(b)(i)
16 (10)(c)
C-13
16 (10)(d)
16 (10)(d)(i)
16 (10)(d)(ii)
16 (10)(e)
16 (10)(f)
16 (10)(f)(i)
16 (10)(g)
16 (10)(h)
16 (11)
16 (12)(a)
16 (13)(a)
16 (13)(a)(i)
16 (13)(a)(ii)
16 (13)(a)(iii)
C-14
16 (13)(a)(iv)
16 (13)(a)(v)
16 (13)(a)(vi)
16 (13)(a)(vii)
16 (13)(a)(viii)
16 (13)(a)(ix)
16 (13)(a)(x)
16 (13)(a)(xi)
16 (13)(b)
16 (13)(b)(i)
16 (13)(b)(ii)
16 (13)(b)(iii)
16 (13)(b)(iv)
C-15
16 (13)(b)(v)
16 (13)(b)(vi)
16 (13)(c)
16 (13)(c)(i)
16 (13)(d)
16 (13)(d)(i)
16 (13)(e)
16 (13)(e)(i)
16 (13)(e)(ii)
16 (13)(f)
16 (13)(f)(i)
16 (13)(g)
16 (13)(g)(i)
C-16
16 (13)(h)
16 (13)(i)
16 (13)(i)(i)
16 (13)(j)
16 (13)(j)(i)
16 (13)(k)
16 (13)(k)(i)
16 (13)(l)
16 (13)(l)(i)
16 (14)
16 (15)
Not applicable.
16 (16)
16 (17)
Not applicable.
Item 17. Undertakings
1.
The Trust agrees that prior to any public reoffering of the securities registered through the use of a prospectus which is a part of this registration statement by any person or party who is deemed to be an underwriter within the meaning of Rule 145(c) under the Securities Act (17 CFR 230.145(c)), the reoffering prospectus will contain the information called for by the applicable registration form for the reofferings by persons who may be deemed underwriters, in addition to the information called for by the other items of the applicable form.
2.
The Trust agrees that every prospectus that is filed under paragraph (1) above will be filed as a part of an amendment to the registration statement and will not be used until the amendment is effective, and that, in determining any liability under the 1933 Act, each post-effective amendment shall be deemed to be a new registration statement for the securities offered therein, and the offering of the securities at that time shall be deemed to be the initial bona fide offering of them.
3.
The Trust agrees to file an executed copy of the opinion of counsel supporting the tax consequences of the proposed reorganization as an amendment to this Registration Statement within a reasonable time after receipt of such opinion.
C-17

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended (the “1933 Act”), the Registrant certifies that it meets all the requirements for effectiveness of this Registration Statement pursuant to Rule 462(d) under the 1933 Act and has duly caused this Registration Statement on Form N-14 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Scottsdale and the State of Arizona on the 24th day of July, 2026.

VOYA EQUITY TRUST

By:

/s/ Joanne F. Osberg

 

Joanne F. Osberg

 

Secretary

Pursuant to the requirements of the 1933 Act, this Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

Signature

Title

Date

Christian G. Wilson*

President, Chief/Principal Executive Officer, and Interested Trustee

July 24, 2026

Todd Modic*

Senior Vice President, Chief/Principal Financial Officer and

July 24, 2026

 

Assistant Secretary

 

Fred Bedoya*

Vice President, Principal Accounting Officer and Treasurer

July 24, 2026

Colleen D. Baldwin*

Trustee

July 24, 2026

John V. Boyer*

Trustee

July 24, 2026

Jody T. Foster*

Trustee

July 24, 2026

Dennis A. Johnson*

Trustee

July 24, 2026

Joseph E. Obermeyer*

Trustee

July 24, 2026

Christopher P. Sullivan*

Trustee

July 24, 2026

 

 

Mark R. Wetzel*

Trustee

July 24, 2026

*By: /s/ Joanne F. Osberg Joanne F. Osberg Attorney-in-Fact**

**Powers of Attorney for Christian G. Wilson, Todd Modic, Fred Bedoya, and each Trustee – Filed as an Exhibit to the Registrant’s Form N-14 Registration Statement (333-294277) on March 13, 2026 and incorporated herein by reference.


ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

OPINION AND CONSENT OF COUNSEL SUPPORTING TAX MATTERS AND CONSEQUENCES