Annual Sub-Advisory Fee

Series

(as a percentage of average daily

assets allocated to the Sub-Adviser)

0.2025% on the first $1 billion;

Voya GNMA Income Fund

0.1935% on the next $500 million; and

0.1845% on assets thereafter

Voya Government Money Market Fund

0.1125% on all assets

0.2295% on the first $1 billion;

Voya High Yield Bond Fund

0.2025% on the next $4 billion; and

0.1800% on assets thereafter

Voya Intermediate Bond Fund

0.0765% on all assets

Voya Short Duration Bond Fund

0.0675% on all assets

(formerly, Voya Short Term Bond Fund)

Voya Short Duration High Income Fund

0.2160% on all assets

Voya Strategic Income Opportunities Fund

0.1800% on all assets

Voya VACS Series CB Fund

0.00% on all assets

Voya VACS Series HYB Fund

0.00% on all assets