PORTFOLIO
OF
INVESTMENTS
as
of
June
30,
2026
(Unaudited)
1
Voya
High
Yield
Bond
Fund
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES
:
95.6%
Basic
Materials
:
4.3%
1,525,000 
(1)
Arsenal
AIC
Parent
LLC,
8.000%,
10/01/2030
$
1,591,261
0.7
1,555,000 
Celanese
US
Holdings
LLC,
6.750%,
04/15/2033
1,584,903
0.7
1,970,000 
(1)
Chemours
Co.,
7.875%,
03/15/2034
1,981,357
0.9
2,600,000 
(1)
Cleveland-Cliffs,
Inc.,
7.625%,
01/15/2034
2,598,454
1.2
1,615,000 
(1)
Commercial
Metals
Co.,
6.000%,
12/15/2035
1,611,684
0.8
9,367,659
4.3
Communications
:
17.6%
2,130,000 
(1)
APLD
ComputeCo
2
LLC,
6.750%,
03/15/2031
2,139,165
1.0
2,125,000 
(1)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp.,
6.375%,
09/01/2029
2,124,057
1.0
2,090,000 
(1)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp.,
7.375%,
03/01/2031
2,096,433
1.0
1,535,000 
(1)
Cipher
Compute
LLC,
7.125%,
11/15/2030
1,597,586
0.7
2,075,000 
(1)
Directv
Financing
LLC,
8.875%,
02/01/2030
2,114,411
1.0
3,165,000 
(1)
Gen
Digital,
Inc.,
6.250%,
04/01/2033
3,121,636
1.4
1,480,000 
(1)
Gray
Media,
Inc.,
9.625%,
07/15/2032
1,429,724
0.6
2,130,000 
(1)
Level
3
Financing,
Inc.,
7.500%,
02/15/2037
2,188,104
1.0
1,950,000 
(1)
Level
3
Financing,
Inc.,
8.500%,
01/15/2036
2,095,527
1.0
1,635,000 
(1)
Meridian
Arc
Holdco
LLC,
6.250%,
04/30/2031
1,639,733
0.7
2,155,000 
(1)
Nexstar
Media,
Inc.,
7.250%,
04/15/2034
2,151,648
1.0
2,925,000 
Paramount
Global,
6.875%,
04/30/2036
2,745,098
1.2
2,710,000 
(1)
Sirius
XM
Radio
LLC,
5.875%,
04/15/2032
2,679,929
1.2
1,080,000 
(1)
Snap,
Inc.,
6.875%,
03/01/2033
1,053,348
0.5
1,105,000 
(1)
SV
RNO
Property
Owner
1
LLC,
5.875%,
03/01/2031
1,089,771
0.5
1,940,000 
(1)
Versant
Media
Group,
Inc.,
7.250%,
01/30/2031
2,008,278
0.9
2,745,000 
(1)
Vmed
O2
UK
Financing
I
PLC,
7.750%,
04/15/2032
2,482,553
1.1
1,615,000 
(1)
Wayfair
LLC,
6.750%,
11/15/2032
1,659,771
0.8
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Communications:
(continued)
2,060,000 
(1)
WULF
Compute
LLC,
7.750%,
10/15/2030
$
2,164,984
1.0
38,581,756
17.6
Consumer,
Cyclical
:
17.1%
1,580,000 
(1)
1011778
BC
ULC
/
New
Red
Finance,
Inc.,
6.125%,
06/15/2029
1,604,522
0.7
1,080,000 
(1)
Acushnet
Co.,
5.625%,
12/01/2033
1,076,983
0.5
2,605,000 
(1)
Adient
Global
Holdings
Ltd.,
7.500%,
02/15/2033
2,688,795
1.2
2,050,000 
(1)
Advance
Auto
Parts,
Inc.,
7.375%,
08/01/2033
2,126,127
1.0
2,695,000 
(1)
American
Axle
&
Manufacturing,
Inc.,
7.750%,
10/15/2033
2,664,121
1.2
1,310,000 
Bath
&
Body
Works,
Inc.,
6.875%,
11/01/2035
1,342,335
0.6
2,325,000 
(1)
Caesars
Entertainment,
Inc.,
6.000%,
10/15/2032
2,108,611
1.0
1,500,000 
(1)
Churchill
Downs,
Inc.,
6.750%,
05/01/2031
1,528,114
0.7
2,035,000 
(1)
Clarios
Global
L.P.
/
Clarios
US
Finance
Co.,
6.750%,
09/15/2032
2,079,618
0.9
1,090,000 
(1)
Gaia
Purchaser,
Inc.,
7.625%,
07/15/2033
1,103,175
0.5
1,520,000 
(1)
Garrett
Motion
Holdings,
Inc.
/
Garrett
LX
I
Sarl
,
7.750%,
05/31/2032
1,597,009
0.7
1,645,000 
Goodyear
Tire
&
Rubber
Co.,
8.875%,
07/15/2032
1,660,365
0.8
2,510,000 
(1)
Light
&
Wonder
International,
Inc.,
7.500%,
09/01/2031
2,602,918
1.2
3,055,000 
(1)
NCL
Corp.
Ltd.,
6.750%,
02/01/2032
3,050,285
1.4
2,105,000 
(1)
Newell
Brands,
Inc.,
8.500%,
06/01/2028
2,200,352
1.0
1,050,000 
(1)
Penn
Entertainment,
Inc.,
6.750%,
04/01/2031
1,056,115
0.5
1,420,000 
(1)
Petco
Health
&
Wellness
Co.,
Inc.,
8.250%,
02/01/2031
1,432,025
0.7
1,095,000 
(1)
Pioneer
Opco
LLC,
7.000%,
05/15/2033
1,115,646
0.5
1,145,000 
(1)
Starz
Capital
Holdings
1,
Inc.,
6.000%,
04/15/2030
1,093,475
0.5
1,535,000 
(1)
Tenneco,
Inc.,
8.000%,
11/17/2028
1,545,467
0.7
PORTFOLIO
OF
INVESTMENTS
as
of
June
30,
2026
(Unaudited)
(continued)
2
Voya
High
Yield
Bond
Fund
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Cyclical:
(continued)
1,635,000 
(1)
Whirlpool
Corp.,
7.875%,
07/01/2034
$
1,645,794
0.8
37,321,852
17.1
Consumer,
Non-cyclical
:
12.7%
1,590,000 
(1)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance,
Inc.,
8.000%,
02/15/2031
1,606,902
0.7
1,940,000 
(1)
Concentra
Escrow
Issuer
Corp.,
6.875%,
07/15/2032
2,010,587
0.9
2,070,000 
(1)
DaVita,
Inc.,
6.750%,
07/15/2033
2,137,159
1.0
1,045,000 
(1)
Deluxe
Corp.,
8.000%,
06/01/2029
1,053,315
0.5
1,085,000 
(1)
EquipmentShare.
com,
Inc.,
7.125%,
07/01/2034
1,067,410
0.5
2,090,000 
(1)
EquipmentShare.
com,
Inc.,
8.000%,
03/15/2033
2,141,350
1.0
1,985,000 
(1)
Genmab
A/S/Genmab
Finance
LLC,
7.250%,
12/15/2033
2,070,867
0.9
1,530,000 
(1)
Global
Medical
Response,
Inc.,
7.375%,
10/01/2032
1,586,457
0.7
2,460,000 
(1)
Herc
Holdings,
Inc.,
7.250%,
06/15/2033
2,566,412
1.2
2,045,000 
(1)
Performance
Food
Group,
Inc.,
6.125%,
09/15/2032
2,072,569
0.9
1,035,000 
(1)
Post
Holdings,
Inc.,
6.250%,
10/15/2034
1,017,518
0.5
2,605,000 
(1)
Post
Holdings,
Inc.,
6.375%,
03/01/2033
2,586,256
1.2
1,510,000 
(1)
Shift4
Payments
LLC
/
Shift4
Payments
Finance
Sub,
Inc.,
6.750%,
08/15/2032
1,513,944
0.7
2,160,000 
(1)
Tenet
Healthcare
Corp.,
6.000%,
11/15/2033
2,180,440
1.0
2,100,000 
(1)
Williams
Scotsman,
Inc.,
6.625%,
04/15/2030
2,164,989
1.0
27,776,175
12.7
Energy
:
7.0%
2,030,000 
(1)
CITGO
Petroleum
Corp.,
8.375%,
01/15/2029
2,089,363
1.0
2,420,000 
(1)
CNX
Resources
Corp.,
7.375%,
01/15/2031
2,479,772
1.1
1,095,000 
(1)
Delek
Logistics
Partners
L.P.
/
Delek
Logistics
Finance
Corp.,
6.875%,
06/01/2034
1,090,478
0.5
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Energy:
(continued)
2,005,000 
(1)
Northern
Oil
and
Gas,
Inc.,
8.750%,
06/15/2031
$
2,066,223
0.9
895,000 
(1)
Permian
Resources
Operating
LLC,
6.250%,
02/01/2033
914,369
0.4
1,070,000 
(1)
SM
Energy
Co.,
6.625%,
04/15/2034
1,053,852
0.5
1,065,000 
(1)
SM
Energy
Co.,
7.000%,
08/01/2032
1,075,524
0.5
1,885,000 
(1)
Sunoco
L.P.,
6.250%,
07/01/2033
1,902,806
0.9
1,650,000 
(1)
Venture
Global
LNG,
Inc.,
6.625%,
06/15/2036
1,627,317
0.7
1,045,000 
(1)
Venture
Global
LNG,
Inc.,
7.000%,
01/15/2030
1,066,301
0.5
15,366,005
7.0
Financial
:
11.4%
1,080,000 
(1)
Anywhere
Real
Estate
Group
LLC
/
Anywhere
Co-Issuer
Corp.,
7.000%,
04/15/2030
1,092,243
0.5
1,020,000 
(1)
Asurion
LLC
and
Asurion
Co-Issuer,
Inc.,
8.000%,
12/31/2032
1,028,539
0.5
1,120,000 
(1)
Asurion
LLC
and
Asurion
Co-Issuer,
Inc.,
8.375%,
02/01/2034
1,037,584
0.5
4,180,000 
(1)
Iron
Mountain,
Inc.,
6.250%,
01/15/2033
4,225,809
1.9
1,150,000 
Navient
Corp.,
7.875%,
06/15/2032
1,077,741
0.5
1,060,000 
OneMain
Finance
Corp.,
6.750%,
09/15/2033
1,050,658
0.5
3,275,000 
OneMain
Finance
Corp.,
7.125%,
09/15/2032
3,334,228
1.5
2,875,000 
(1)
Panther
Escrow
Issuer
LLC,
7.125%,
06/01/2031
2,867,543
1.3
1,520,000 
(1)
PennyMac
Financial
Services,
Inc.,
6.875%,
02/15/2033
1,483,205
0.7
605,000 
(1)
PennyMac
Financial
Services,
Inc.,
7.875%,
12/15/2029
629,562
0.3
1,070,000 
(1)
PRA
Group,
Inc.,
8.375%,
02/01/2028
1,085,752
0.5
2,095,000 
(1)
Rocket
Cos.,
Inc.,
6.375%,
08/01/2033
2,133,159
1.0
2,060,000 
(1)
Rocket
Cos.,
Inc.,
7.125%,
02/01/2032
2,139,353
1.0
1,630,000 
(1)
WS
Escrow
LLC,
7.750%,
06/01/2033
1,674,967
0.7
24,860,343
11.4
PORTFOLIO
OF
INVESTMENTS
as
of
June
30,
2026
(Unaudited)
(continued)
3
Voya
High
Yield
Bond
Fund
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Industrial
:
17.1%
2,035,000 
(1)
AAR
Escrow
Issuer
LLC,
6.750%,
03/15/2029
$
2,080,722
1.0
1,430,000 
(1)
AmeriTex
HoldCo
Intermediate
LLC,
7.625%,
08/15/2033
1,495,298
0.7
2,115,000 
(1)
Axon
Enterprise,
Inc.,
6.250%,
03/15/2033
2,169,140
1.0
3,100,000 
(1)
Bombardier,
Inc.,
6.750%,
06/15/2033
3,212,781
1.5
1,640,000 
(1)
Builders
FirstSource
,
Inc.,
6.375%,
06/15/2032
1,665,704
0.8
2,800,000 
(1)
Fortress
Transportation
and
Infrastructure
Investors
LLC,
7.875%,
12/01/2030
2,927,666
1.3
1,990,000 
(1)
GFL
Environmental,
Inc.,
6.750%,
01/15/2031
2,049,756
0.9
1,085,000 
(1)
Granite
Construction,
Inc.,
6.375%,
06/15/2034
1,105,997
0.5
1,610,000 
(1)
Mauser
Packaging
Solutions
Holding
Co.,
7.875%,
04/15/2030
1,646,797
0.8
1,600,000 
(1)
Owens-Brockway
Glass
Container,
Inc.,
7.250%,
05/15/2031
1,583,181
0.7
3,015,000 
(1)
Quikrete
Holdings,
Inc.,
6.750%,
03/01/2033
3,074,947
1.4
1,085,000 
(1)
Solaris
Energy
Infrastructure
LLC,
6.375%,
05/15/2031
1,097,659
0.5
1,495,000 
(1)
Stonepeak
Nile
Parent
LLC,
7.250%,
03/15/2032
1,549,261
0.7
2,695,000 
(1)
TransDigm
,
Inc.,
6.125%,
07/31/2034
2,694,903
1.2
2,105,000 
(1)
TransDigm
,
Inc.,
6.750%,
01/31/2034
2,160,622
1.0
1,030,000 
(1)
Waste
Pro
USA,
Inc.,
7.000%,
02/01/2033
1,056,565
0.5
1,620,000 
(1)
WESCO
Distribution,
Inc.,
5.500%,
04/15/2034
1,606,606
0.7
1,575,000 
(1)
WESCO
Distribution,
Inc.,
6.375%,
03/15/2033
1,617,103
0.7
2,490,000 
(1)
XPO,
Inc.,
7.125%,
06/01/2031
2,576,754
1.2
37,371,462
17.1
Technology
:
5.7%
1,560,000 
(1)
CACI
International,
Inc.,
6.375%,
06/15/2033
1,583,119
0.7
2,140,000 
(1)
Cloud
Software
Group,
Inc.,
6.500%,
03/31/2029
2,077,986
0.9
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Technology:
(continued)
1,590,000 
(1)
CoreWeave
,
Inc.,
9.000%,
02/01/2031
$
1,573,248
0.7
1,450,000 
(1)
McAfee
Corp.,
7.375%,
02/15/2030
1,233,322
0.6
2,800,000 
(1)
OAK-Eagle
Acquireco
,
Inc.,
8.750%,
07/01/2034
2,973,382
1.4
2,005,000 
(1)
Seagate
Data
Storage
Technology
Pte
Ltd.,
8.500%,
07/15/2031
2,096,436
0.9
1,055,000 
(1)
UKG,
Inc.,
6.875%,
02/01/2031
1,025,596
0.5
12,563,089
5.7
Utilities
:
2.7%
3,225,000 
(1)
NRG
Energy,
Inc.,
6.250%,
11/01/2034
3,266,807
1.5
2,620,000 
(1)
Talen
Energy
Supply
LLC,
6.500%,
02/01/2036
2,642,432
1.2
5,909,239
2.7
Total
Corporate
Bonds/
Notes
(Cost
$209,936,337)
209,117,580
95.6
CONVERTIBLE
BONDS/NOTES
:
0.7%
Consumer,
Non-cyclical
:
0.4%
975,000 
Shift4
Payments,
Inc.,
0.500%,
08/01/2027
931,125
0.4
Financial
:
0.3%
600,000 
(1)(2)
Coinbase
Global,
Inc.,
4.630%,
10/01/2029
517,800
0.3
Total
Convertible
Bonds/Notes
(Cost
$1,489,783)
1,448,925
0.7
Total
Long-Term
Investments
(Cost
$211,426,120)
210,566,505
96.3
PORTFOLIO
OF
INVESTMENTS
as
of
June
30,
2026
(Unaudited)
(continued)
4
Voya
High
Yield
Bond
Fund
Shares
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
3.3%
Mutual
Funds
:
3.3%
7,301,826 
(3)
BlackRock
Liquidity
Funds,
FedFund
,
Institutional
Class,
3.540%
(Cost
$7,301,826)
$
7,301,826
3.3
Total
Short-Term
Investments
(Cost
$7,301,826)
$
7,301,826
3.3
Total
Investments
in
Securities
(Cost
$218,727,946)
$
217,868,331
99.6
Assets
in
Excess
of
Other
Liabilities
835,786
0.4
Net
Assets
$
218,704,117
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)
Represents
a
zero
coupon
bond.
Rate
shown
reflects
the
effective
yield
as
of
June
30,
2026,
if
applicable.
(3)
Rate
shown
is
the
7-day
yield
as
of
June
30,
2026.
Fair
Value
Measurements
The
following
is
a
summary
of
the
fair
valuations
according
to
the
inputs
used
as
of
June
30,
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
June
30,
2026
Asset
Table
Investments,
at
fair
value
Corporate
Bonds/Notes
$
—
$
209,117,580
$
—
$
209,117,580
Convertible
Bonds/Notes
—
1,448,925
—
1,448,925
Short-Term
Investments
7,301,826
—
—
7,301,826
Total
Investments,
at
fair
value
$
7,301,826
$
210,566,505
$
—
$
217,868,331
Net
unrealized
depreciation
consisted
of:
Gross
Unrealized
Appreciation
$
1,543,587
Gross
Unrealized
Depreciation
(2,403,202)
Net
Unrealized
Depreciation
$
(859,615)