PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
Voya
Global
High
Dividend
Low
Volatility
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
97.4%
Australia
:
1.6%
14,272
Computershare
Ltd.
$
410,079
0.2
250,145
Medibank
Pvt
Ltd.
906,712
0.3
356,486
Scentre
Group
978,739
0.3
234,713
Telstra
Group
Ltd.
828,625
0.3
130,646
Transurban
Group
1,356,728
0.5
4,480,883
1.6
Canada
:
4.2%
28,934
Bank
of
Nova
Scotia
2,538,085
0.9
45,366
Canadian
Natural
Resources
Ltd.
2,161,103
0.8
7,570
Canadian
Tire
Corp.
Ltd.
-
Class
A
1,104,841
0.4
17,165
CCL
Industries,
Inc.
-
Class
B
1,138,129
0.4
31,009
Keyera
Corp.
1,317,471
0.5
10,061
Stantec,
Inc.
710,015
0.2
31,594
Suncor
Energy,
Inc.
2,121,667
0.7
7,600
Toronto-Dominion
Bank
911,013
0.3
973
WSP
Global,
Inc.
118,876
0.0
12,121,200
4.2
Denmark
:
0.6%
32,713
Danske
Bank
A/S
1,882,623
0.6
Finland
:
0.1%
25,638
Sampo
Oyj
-
Class
A
283,858
0.1
France
:
3.0%
5,902
Air
Liquide
SA
1,162,744
0.4
40,280
AXA
SA
2,087,697
0.8
15,955
BNP
Paribas
SA
2,027,381
0.7
16,958
Bureau
Veritas
SA
542,487
0.2
48,127
Carrefour
SA
883,226
0.3
4,529
Danone
SA
352,293
0.1
19,436
Engie
SA
605,842
0.2
3,296
Ipsen
SA
636,872
0.2
3,805
TotalEnergies
SE
335,451
0.1
8,633,993
3.0
Germany
:
1.3%
37,489
Deutsche
Telekom
AG,
Reg
1,156,948
0.4
20,767
Fresenius
SE
&
Co.
KGaA
1,067,367
0.4
3,225
Mercedes-Benz
Group
AG
174,373
0.1
1,867
SAP
SE
342,212
0.1
11,988
(1)
Scout24
SE
1,027,775
0.3
3,768,675
1.3
Hong
Kong
:
0.8%
11,700
Hong
Kong
Exchanges
&
Clearing
Ltd.
609,603
0.2
129,500
Power
Assets
Holdings
Ltd.
974,933
0.3
676,500
(1)
WH
Group
Ltd.
727,893
0.3
2,312,429
0.8
Ireland
:
0.2%
60,175
AIB
Group
PLC
715,699
0.2
Israel
:
0.3%
31,157
Bank
Leumi
Le-Israel
BM
736,188
0.3
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Italy
:
1.1%
28,369
Eni
SpA
$
789,131
0.3
142,947
Intesa
Sanpaolo
SpA
1,080,581
0.4
28,851
Terna
-
Rete
Elettrica
Nazionale
330,752
0.1
11,138
UniCredit
SpA
1,050,445
0.3
3,250,909
1.1
Japan
:
4.7%
75,300
Asahi
Kasei
Corp.
803,823
0.3
82,500
Astellas
Pharma,
Inc.
1,133,122
0.4
38,500
Central
Japan
Railway
Co.
958,067
0.3
20,100
Daiichi
Sankyo
Co.
Ltd.
324,847
0.1
31,600
Daiwa
House
Industry
Co.
Ltd.
927,983
0.3
56,300
ENEOS
Holdings,
Inc.
464,955
0.2
30,400
Japan
Exchange
Group,
Inc.
413,534
0.2
34,400
Japan
Tobacco,
Inc.
1,533,789
0.5
92,400
Kirin
Holdings
Co.
Ltd.
1,709,378
0.6
615,900
LY
Corp.
1,716,048
0.6
10,000
NEC
Corp.
297,187
0.1
119,200
Nippon
Telegraph
&
Telephone
Corp.
114,255
0.0
44,200
Nitto
Denko
Corp.
933,346
0.3
6,100
ORIX
Corp.
246,192
0.1
26,100
Secom
Co.
Ltd.
1,124,285
0.4
32,200
Suntory
Beverage
&
Food
Ltd.
933,544
0.3
13,634,355
4.7
Netherlands
:
1.8%
18,756
ASR
Nederland
NV
1,533,432
0.5
2,423
Heineken
Holding
NV
203,837
0.1
902
Heineken
NV
81,667
0.0
4,719
ING
Groep
NV
165,833
0.1
309,255
Koninklijke
KPN
NV
1,460,253
0.5
19,118
NN
Group
NV
1,802,085
0.6
5,247,107
1.8
New
Zealand
:
0.1%
17,496
Fisher
&
Paykel
Healthcare
Corp.
Ltd.
418,448
0.1
Norway
:
1.0%
50,615
DNB
Bank
ASA
1,629,732
0.6
19,722
Equinor
ASA
809,607
0.3
13,661
Mowi
ASA
292,554
0.1
4,149
Telenor
ASA
58,574
0.0
2,790,467
1.0
Puerto
Rico
:
0.6%
9,732
Popular,
Inc.
1,705,144
0.6
Singapore
:
0.6%
87,000
Singapore
Exchange
Ltd.
1,658,586
0.6
Spain
:
1.2%
43,958
(1)
Aena
SME
SA
1,355,131
0.5
64,883
Repsol
SA
1,980,296
0.7
3,335,427
1.2
Sweden
:
0.5%
28,776
Swedbank
AB
-
Class
A
1,151,039
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Global
High
Dividend
Low
Volatility
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Sweden
(continued)
65,181
Telia
Co.
AB
$
302,062
0.1
1,453,101
0.5
Switzerland
:
1.0%
14,894
ABB
Ltd.,
Reg
1,469,426
0.5
1,254
Galderma
Group
AG
272,885
0.1
4,752
Sandoz
Group
AG
387,373
0.1
6,151
SGS
SA
728,871
0.3
2,858,555
1.0
United
Kingdom
:
3.9%
720
AstraZeneca
PLC
122,479
0.0
50,985
BAE
Systems
PLC
1,443,346
0.5
101,314
Barclays
PLC
696,383
0.2
19,056
British
American
Tobacco
PLC
1,155,951
0.4
134,500
CK
Hutchison
Holdings
Ltd.
1,260,168
0.4
6,693
GSK
PLC
174,037
0.1
32,941
Imperial
Brands
PLC
1,250,135
0.4
144,630
NatWest
Group
PLC
1,364,237
0.5
910
Next
PLC
182,234
0.1
74,437
Rolls-Royce
Holdings
PLC
1,484,987
0.5
86,647
Sage
Group
PLC
1,141,394
0.4
28,687
Smith
&
Nephew
PLC
448,748
0.2
16,014
Smiths
Group
PLC
571,852
0.2
11,295,951
3.9
United
States
:
68.8%
16,556
AbbVie,
Inc.
4,154,563
1.4
1,861
Accenture
PLC
-
Class
A
308,777
0.1
1,346
Acuity
Brands,
Inc.
442,013
0.2
162,152
ADT,
Inc.
1,238,841
0.4
8,441
Allstate
Corp.
2,229,099
0.8
15,169
Ally
Financial,
Inc.
657,273
0.2
3,771
Alphabet,
Inc.
-
Class
A
1,342,966
0.5
33,170
Altria
Group,
Inc.
2,266,506
0.8
2,395
American
Electric
Power
Co.,
Inc.
306,201
0.1
2,376
Ameriprise
Financial,
Inc.
1,296,916
0.4
6,682
AMETEK,
Inc.
1,615,106
0.6
744
Aon
PLC
-
Class
A
268,249
0.1
2,208
Applied
Materials,
Inc.
1,120,935
0.4
10,185
AptarGroup,
Inc.
1,364,383
0.5
6,040
Assurant,
Inc.
1,686,308
0.6
1,494
Automatic
Data
Processing,
Inc.
398,091
0.1
16,838
Avnet,
Inc.
1,495,888
0.5
15,332
Axis
Capital
Holdings
Ltd.
1,614,766
0.6
6,002
Bank
of
New
York
Mellon
Corp.
938,293
0.3
4,492
Booking
Holdings,
Inc.
866,507
0.3
35,533
Bristol-Myers
Squibb
Co.
2,320,660
0.8
42,342
Brixmor
Property
Group,
Inc.
1,334,196
0.5
10,677
Broadridge
Financial
Solutions,
Inc.
1,643,724
0.6
8,001
Cardinal
Health,
Inc.
1,840,470
0.6
4,853
Cboe
Global
Markets,
Inc.
1,505,546
0.5
5,640
Cencora
,
Inc.
1,755,958
0.6
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
States
(continued)
11,314
Charles
Schwab
Corp.
$
1,190,685
0.4
262
Chesapeake
Energy
Corp.
24,636
0.0
1,709
Chord
Energy
Corp.
239,909
0.1
6,368
Cigna
Group
1,776,990
0.6
9,356
Cintas
Corp.
1,914,518
0.7
16,412
Citigroup,
Inc.
2,173,769
0.8
5,017
Citizens
Financial
Group,
Inc.
359,468
0.1
7,466
CME
Group,
Inc.
1,999,320
0.7
22,426
CNA
Financial
Corp.
1,176,692
0.4
43,493
Coca-Cola
Co.
3,809,552
1.3
21,713
Colgate-Palmolive
Co.
1,982,397
0.7
24,072
Commerce
Bancshares,
Inc.
1,426,747
0.5
20,513
COPT
Defense
Properties
778,674
0.3
17,945
CVS
Health
Corp.
1,873,996
0.7
8,115
Delta
Air
Lines,
Inc.
709,576
0.2
33,060
Devon
Energy
Corp.
1,491,998
0.5
5,073
Digital
Realty
Trust,
Inc.
956,362
0.3
13,741
Dolby
Laboratories,
Inc.
-
Class
A
808,108
0.3
261
Domino's
Pizza,
Inc.
90,682
0.0
16,438
Duke
Energy
Corp.
2,061,818
0.7
1,217
DuPont
de
Nemours,
Inc.
166,729
0.1
276
Ecolab,
Inc.
76,626
0.0
19,827
Edison
International
1,454,707
0.5
2,367
Elevance
Health,
Inc.
889,613
0.3
3,573
Emerson
Electric
Co.
535,307
0.2
14,181
EOG
Resources,
Inc.
2,108,573
0.7
11,256
Evergy
,
Inc.
934,361
0.3
13,201
Eversource
Energy
945,060
0.3
35,294
Exelon
Corp.
1,617,171
0.6
856
Expedia
Group,
Inc.
252,297
0.1
2,697
Flowserve
Corp.
204,945
0.1
6,895
Fortive
Corp.
408,253
0.1
16,028
Fox
Corp.
-
Class
A
933,310
0.3
1,470
General
Dynamics
Corp.
563,627
0.2
6,195
General
Motors
Co.
550,488
0.2
46,420
Genpact
Ltd.
1,632,591
0.6
10,027
Globe
Life,
Inc.
1,827,421
0.6
11,140
Hancock
Whitney
Corp.
857,780
0.3
8,208
Hanover
Insurance
Group,
Inc.
1,909,427
0.7
13,417
Hartford
Financial
Services
Group,
Inc.
1,904,007
0.7
1,493
(2)
Honeywell
Aerospace,
Inc.
308,663
0.1
1,493
Honeywell
International,
Inc.
362,874
0.1
5,048
Host
Hotels
&
Resorts,
Inc.
126,856
0.0
6,449
Intuit,
Inc.
2,038,335
0.7
10,759
Jack
Henry
&
Associates,
Inc.
1,657,316
0.6
16,229
Johnson
&
Johnson
4,160,304
1.4
40,343
KeyCorp
911,348
0.3
61,897
Kinder
Morgan,
Inc.
1,991,846
0.7
5,860
KLA
Corp.
1,071,325
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Global
High
Dividend
Low
Volatility
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
States
(continued)
324
Lamar
Advertising
Co.
-
Class
A
$
51,827
0.0
2,942
Lancaster
Colony
Corp.
314,412
0.1
11,194
Las
Vegas
Sands
Corp.
547,275
0.2
9,221
Leidos
Holdings,
Inc.
1,065,948
0.4
1,092
Linde
PLC
522,391
0.2
10,299
Marsh
&
McLennan
Cos.,
Inc.
1,953,617
0.7
1,937
McKesson
Corp.
1,658,440
0.6
22,756
Medtronic
PLC
1,943,135
0.7
6,368
Meta
Platforms,
Inc.
-
Class
A
3,545,129
1.2
17,387
MetLife,
Inc.
1,671,412
0.6
4,627
Micron
Technology,
Inc.
3,808,160
1.3
44,309
Microsoft
Corp.
20,591,279
7.1
78
MSCI,
Inc.
44,635
0.0
5,169
National
Retail
Properties,
Inc.
245,631
0.1
13,329
NetApp,
Inc.
2,379,227
0.8
19,127
New
York
Times
Co.
-
Class
A
1,432,421
0.5
1,101
NewMarket
Corp.
936,026
0.3
16,436
News
Corp.
-
Class
A
452,976
0.2
36,237
NiSource,
Inc.
1,610,010
0.6
4,066
Northern
Trust
Corp.
740,785
0.3
7,392
NVIDIA
Corp.
1,483,944
0.5
5,357
OneMain
Holdings,
Inc.
335,241
0.1
19,360
ONEOK,
Inc.
1,758,082
0.6
2,101
Paycom
Software,
Inc.
344,480
0.1
23,277
PayPal
Holdings,
Inc.
1,331,677
0.5
12,462
PBF
Energy,
Inc.
-
Class
A
900,753
0.3
17,241
PepsiCo,
Inc.
2,406,154
0.8
93,553
Pfizer,
Inc.
2,339,761
0.8
83,706
PG&E
Corp.
1,454,810
0.5
4,242
Philip
Morris
International,
Inc.
809,458
0.3
28,221
Portland
General
Electric
Co.
1,392,142
0.5
5,202
Primerica,
Inc.
1,664,432
0.6
15,212
Procter
&
Gamble
Co.
2,197,982
0.8
3,465
Prologis,
Inc.
501,074
0.2
8,558
Qualcomm,
Inc.
1,263,246
0.4
3,507
Raymond
James
Financial,
Inc.
617,162
0.2
16,036
Regency
Centers
Corp.
1,287,530
0.4
1,223
Regeneron
Pharmaceuticals,
Inc.
932,697
0.3
4,911
RingCentral,
Inc.
-
Class
A
273,150
0.1
6,335
Ross
Stores,
Inc.
1,590,528
0.6
2,044
RPM
International,
Inc.
218,851
0.1
53,291
Sabra
Health
Care
REIT,
Inc.
1,128,171
0.4
9,082
Sanofi
782,066
0.3
7,993
Simon
Property
Group,
Inc.
1,833,354
0.6
12,998
SLM
Corp.
337,883
0.1
21,126
SS&C
Technologies
Holdings,
Inc.
1,627,758
0.6
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
States
(continued)
2,397
STERIS
PLC
$
547,475
0.2
15,258
Synchrony
Financial
1,156,404
0.4
9,336
TJX
Cos.,
Inc.
1,468,926
0.5
8,639
T-Mobile
US,
Inc.
1,492,042
0.5
11,897
Tradeweb
Markets,
Inc.
-
Class
A
1,195,649
0.4
227
Trane
Technologies
PLC
103,274
0.0
12,678
Travel
+
Leisure
Co.
963,782
0.3
32,631
Truist
Financial
Corp.
1,691,591
0.6
2,667
Tyson
Foods,
Inc.
-
Class
A
154,579
0.1
21,869
UGI
Corp.
789,908
0.3
14,110
UL
Solutions,
Inc.
-
Class
A
1,293,040
0.4
9,040
Union
Pacific
Corp.
2,640,855
0.9
19,942
Unum
Group
1,717,206
0.6
36,465
US
Bancorp
2,297,660
0.8
2,571
Valero
Energy
Corp.
804,466
0.3
7,261
Ventas,
Inc.
678,976
0.2
18,853
Veralto
Corp.
1,775,387
0.6
5,020
VeriSign,
Inc.
1,455,900
0.5
41,865
Verizon
Communications,
Inc.
1,959,701
0.7
25,367
Viatris
,
Inc.
445,445
0.2
15,793
Viper
Energy,
Inc.
-
Class
A
704,526
0.2
1,776
Watts
Water
Technologies,
Inc.
-
Class
A
614,123
0.2
4,578
Williams
Cos.,
Inc.
327,510
0.1
7,273
Zions
Bancorp
NA
506,928
0.2
198,371,767
68.8
Total
Common
Stock
(Cost
$225,466,306)
280,955,365
97.4
EXCHANGE-TRADED
FUNDS
:
2.0%
20,467
iShares
MSCI
EAFE
Value
ETF
1,655,371
0.6
15,998
iShares
Russell
1000
Value
ETF
4,028,616
1.4
5,683,987
2.0
Total
Exchange-Traded
Funds
(Cost
$5,395,249)
5,683,987
2.0
PREFERRED
STOCK
:
0.1%
Germany
:
0.1%
3,345
Henkel
AG
&
Co.
KGaA
291,613
0.1
Total
Preferred
Stock
(Cost
$260,419)
291,613
0.1
Total
Long-Term
Investments
(Cost
$231,121,974)
286,930,965
99.5
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Global
High
Dividend
Low
Volatility
Fund
Shares
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
0.2%
Mutual
Funds
:
0.2%
634,000
(3)
Morgan
Stanley
Institutional
Liquidity
Funds
-
Government
Portfolio
(Institutional
Share
Class),
3.590%
(Cost
$634,000)
$
634,000
0.2
Total
Short-Term
Investments
(Cost
$634,000)
$
634,000
0.2
Total
Investments
in
Securities
(Cost
$231,755,974)
$
287,564,965
99.7
Assets
in
Excess
of
Other
Liabilities
915,620
0.3
Net
Assets
$
288,480,585
100.0
(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
July
31,
2026.
Sector
Diversification
Percentage
of
Net
Assets
Financials
25.0
%
Information
Technology
13.8
Industrials
11.7
Health
Care
11.2
Consumer
Staples
8.1
Energy
7.1
Communication
Services
6.2
Utilities
5.0
Real
Estate
3.8
Consumer
Discretionary
3.1
Materials
2.5
Exchange-Traded
Funds
2.0
Short-Term
Investments
0.2
Assets
in
Excess
of
Other
Liabilities
0.3
Net
Assets
100.0%
Portfolio
holdings
are
subject
to
change
daily.
PORTFOLIO
OF
INVESTMENTS
as
of
July
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
July
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
July
31,
2026
Asset
Table
Investments,
at
fair
value
Common
Stock
Australia
$
—
$
4,480,883
$
—
$
4,480,883
Canada
12,121,200
—
—
12,121,200
Denmark
—
1,882,623
—
1,882,623
Finland
—
283,858
—
283,858
France
—
8,633,993
—
8,633,993
Germany
—
3,768,675
—
3,768,675
Hong
Kong
—
2,312,429
—
2,312,429
Ireland
—
715,699
—
715,699
Israel
—
736,188
—
736,188
Italy
—
3,250,909
—
3,250,909
Japan
—
13,634,355
—
13,634,355
Netherlands
—
5,247,107
—
5,247,107
New
Zealand
—
418,448
—
418,448
Norway
58,574
2,731,893
—
2,790,467
Puerto
Rico
1,705,144
—
—
1,705,144
Singapore
—
1,658,586
—
1,658,586
Spain
—
3,335,427
—
3,335,427
Sweden
—
1,453,101
—
1,453,101
Switzerland
—
2,858,555
—
2,858,555
United
Kingdom
—
11,295,951
—
11,295,951
United
States
197,589,701
782,066
—
198,371,767
Total
Common
Stock
211,474,619
69,480,746
—
280,955,365
Exchange-Traded
Funds
5,683,987
—
—
5,683,987
Preferred
Stock
—
291,613
—
291,613
Short-Term
Investments
634,000
—
—
634,000
Total
Investments,
at
fair
value
$
217,792,606
$
69,772,359
$
—
$
287,564,965
#
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
$
61,786,644
Gross
Unrealized
Depreciation
(5,977,653)
Net
Unrealized
Appreciation
$
55,808,991