PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
97.5%
Australia
:
2.7%
14,824
Ampol
Ltd.
$
418,247
0.1
69,456
APA
Group
496,848
0.1
120,653
Computershare
Ltd.
3,466,737
0.5
18,535
GenusPlus
Group
Ltd.
113,876
0.0
237,841
Glencore
PLC
1,751,776
0.3
215,379
Macmahon
Holdings
Ltd.
139,603
0.0
160,160
National
Australia
Bank
Ltd.
4,637,590
0.7
25,033
OceanaGold
Corp.
603,571
0.1
1,082
Pro
Medicus
Ltd.
123,087
0.0
299,595
Scentre
Group
822,543
0.1
208,228
South32
Ltd.
663,853
0.1
387,424
Transurban
Group
4,023,308
0.6
297,739
Vicinity
Ltd.
559,555
0.1
43,981
Whitehaven
Coal
Ltd.
217,203
0.0
18,037,797
2.7
Austria
:
0.2%
3,385
Erste
Group
Bank
AG
442,498
0.1
2,915
Porr
AG
126,600
0.0
15,444
Raiffeisen
Bank
International
AG
1,060,363
0.1
1,629,461
0.2
Belgium
:
1.7%
13,780
Ageas
SA
1,140,393
0.2
63,389
Anheuser-Busch
InBev
SA
5,505,587
0.8
16,969
KBC
Group
NV
2,441,139
0.3
21,976
Syensqo
SA
1,954,924
0.3
1,683
UCB
SA
431,998
0.1
11,474,041
1.7
Brazil
:
1.2%
239,300
Ambev
SA
753,426
0.1
320,900
Cia
de
Saneamento
Basico
do
Estado
de
Sao
Paulo
SABESP
1,744,039
0.3
153,218
Gerdau
SA,
ADR
759,961
0.1
739
(1)
MercadoLibre,
Inc.
1,387,805
0.2
9,102
Petroleo
Brasileiro
SA
-
Foreign,
ADR
176,579
0.0
40,300
TIM
SA
154,151
0.0
464,700
Totvs
SA
2,853,755
0.4
54,200
Ultrapar
Participacoes
SA
352,519
0.1
26,897
(1)
VTEX
-
Class
A
115,926
0.0
8,298,161
1.2
Canada
:
5.0%
50,600
Bank
of
Nova
Scotia
4,438,622
0.7
200
(1)
Bombardier,
Inc.
-
Class
B
48,185
0.0
12,094
Canaccord
Genuity
Group,
Inc.
124,231
0.0
1,770
Canada
Packers,
Inc.
24,078
0.0
21,100
Canadian
Imperial
Bank
of
Commerce
2,499,158
0.4
900
Canadian
National
Railway
Co.
114,438
0.0
13,500
Cascades,
Inc.
129,718
0.0
66,133
Cenovus
Energy,
Inc.
1,994,109
0.3
73,900
CES
Energy
Solutions
Corp.
861,380
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Canada
(continued)
16,858
Dollarama,
Inc.
$
2,296,517
0.3
23,798
Dynacor
Group,
Inc.
104,913
0.0
5,900
iA
Financial
Corp.,
Inc.
872,342
0.1
58,500
Monument
Mining
Ltd.
30,463
0.0
19,800
National
Bank
of
Canada
3,202,661
0.5
3,100
Paramount
Resources
Ltd.
-
Class
A
65,434
0.0
46,088
Pason
Systems,
Inc.
407,669
0.1
9,000
PHX
Energy
Services
Corp.
68,310
0.0
4,400
Polaris
Renewable
Energy,
Inc.
47,395
0.0
51,778
Quebecor,
Inc.
-
Class
B
2,396,004
0.4
17,207
RB
Global,
Inc.
1,887,326
0.3
14,004
Royal
Bank
of
Canada
2,931,065
0.4
14,010
(1)
Shopify,
Inc.
-
Class
A
1,640,805
0.3
6,400
Sun
Life
Financial,
Inc.
531,001
0.1
56,700
Suncor
Energy,
Inc.
3,807,639
0.6
7,800
Surge
Energy,
Inc.
57,588
0.0
6,600
Torex
Gold
Resources,
Inc.
254,000
0.0
18,018
Toromont
Industries
Ltd.
2,710,315
0.4
2,800
Total
Energy
Services,
Inc.
47,198
0.0
2,100
Winpak
Ltd.
65,868
0.0
33,658,432
5.0
Chile
:
0.6%
46,812
Antofagasta
PLC
2,333,139
0.4
1,147,939
Cia
Sud
Americana
de
Vapores
SA
59,264
0.0
61,894
Lundin
Mining
Corp.
1,532,504
0.2
3,924,907
0.6
China
:
6.1%
90,500
(1)(2)
AInnovation
Technology
Group
Co.
Ltd.
-
Class
H
43,832
0.0
176,400
Alibaba
Group
Holding
Ltd.
2,687,172
0.4
243,000
(1)(2)
Archosaur
Games,
Inc.
60,422
0.0
1,161,000
(1)
BAIC
Foton
Motor
Co.
Ltd.
-
Class
A
541,722
0.1
389,000
(1)(2)
BAIC
Motor
Corp.
Ltd.
-
Class
H
43,203
0.0
275,500
Beijing
Oriental
Yuhong
Waterproof
Technology
Co.
Ltd.
-
Class
A
485,056
0.1
82,400
Beijing
Yanjing
Brewery
Co.
Ltd.
-
Class
A
157,777
0.0
1,928,400
BOE
Technology
Group
Co.
Ltd.
-
Class
A
1,569,926
0.2
568,000
Bosideng
International
Holdings
Ltd.
357,944
0.1
124,900
C&S
Paper
Co.
Ltd.
-
Class
A
138,177
0.0
169,800
Changjiang
&
Jinggong
Steel
Building
Group
Co.
Ltd.
-
Class
A
82,803
0.0
180,800
Cheng
De
Lolo
Co.
Ltd.
-
Class
A
241,149
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
China
(continued)
809,000
China
Construction
Bank
Corp.
-
Class
H
$
949,301
0.2
152,000
China
Foods
Ltd.
66,899
0.0
30,300
China
Jushi
Co.
Ltd.
-
Class
A
169,371
0.0
73,000
China
Lilang
Ltd.
32,228
0.0
235,000
China
Mengniu
Dairy
Co.
Ltd.
567,015
0.1
197,994
China
Merchants
Bank
Co.
Ltd.
-
Class
H
1,284,601
0.2
609,400
China
Taiping
Insurance
Holdings
Co.
Ltd.
1,709,781
0.3
333,700
(1)
China
Union
Holdings
Ltd.
-
Class
A
193,302
0.0
155,100
COFCO
Capital
Holdings
Co.
Ltd.
-
Class
A
212,878
0.0
158,000
Edvantage
Group
Holdings
Ltd.
9,841
0.0
71,000
EEKA
Fashion
Holdings
Ltd.
48,132
0.0
207,807
ENN
Energy
Holdings
Ltd.
1,243,503
0.2
5,200
Focus
Technology
Co.
Ltd.
-
Class
A
20,716
0.0
22,964
Fujian
Fuxin
Software
Development
JSC
Ltd.
-
Class
A
228,977
0.0
79,600
Guangdong
Dongpeng
Holdings
Co.
Ltd.
-
Class
A
55,865
0.0
97,300
Guangdong
Vanward
New
Electric
Co.
Ltd.
-
Class
A
96,561
0.0
100,300
(1)
Guangdong
Zhongnan
Iron
&
Steel
Co.
Ltd.
-
Class
A
33,436
0.0
26,800
Guangzhou
KDT
Machinery
Group
Co.
Ltd.
-
Class
A
70,485
0.0
316,400
Guizhou
Tyre
Co.
Ltd.
-
Class
A
204,892
0.0
481
H
World
Group
Ltd.,
ADR
20,534
0.0
7,100
Han's
Laser
Technology
Industry
Group
Co.
Ltd.
-
Class
A
88,924
0.0
20,200
Hefei
Meiya
Optoelectronic
Technology,
Inc.
-
Class
A
47,348
0.0
1,370,000
Industrial
&
Commercial
Bank
of
China
Ltd.
-
Class
H
1,310,525
0.2
98,500
Inner
Mongolia
ERDOS
Resources
Co.
Ltd.
-
Class
A
185,599
0.0
98,300
Jangho
Group
Co.
Ltd.
-
Class
A
125,811
0.0
201,200
(1)(2)
JD
Logistics,
Inc.
385,810
0.1
80,524
KE
Holdings,
Inc.,
ADR
1,364,882
0.2
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
China
(continued)
313,400
Keshun
Waterproof
Technologies
Co.
Ltd.
-
Class
A
$
226,771
0.0
202,000
Lenovo
Group
Ltd.
617,755
0.1
29,877
LexinFintech
Holdings
Ltd.,
ADR
43,620
0.0
130,000
Li
Ning
Co.
Ltd.
251,137
0.0
268,600
Luolai
Lifestyle
Technology
Co.
Ltd.
-
Class
A
443,606
0.1
80,600
Monalisa
Group
Co.
Ltd.
-
Class
A
109,396
0.0
53,000
NetDragon
Websoft
Holdings
Ltd.
54,475
0.0
23,900
NetEase,
Inc.
635,889
0.1
130,985
Perfect
World
Co.
Ltd.
-
Class
A
212,709
0.0
508,000
PetroChina
Co.
Ltd.
-
Class
H
646,410
0.1
248,000
Ping
An
Insurance
Group
Co.
of
China
Ltd.
-
Class
H
1,852,752
0.3
3,246,000
(2)
Postal
Savings
Bank
of
China
Co.
Ltd.
-
Class
H
2,102,412
0.3
172,500
Qinhuangdao
Port
Co.
Ltd.
-
Class
H
51,741
0.0
23,000
Shanghai
Action
Education
Technology
Co.
Ltd.
-
Class
A
199,554
0.0
21,200
Shanghai
Chicmax
Cosmetic
Co.
Ltd.
-
Class
H
80,395
0.0
182,600
Shanghai
Zhonggu
Logistics
Co.
Ltd.
-
Class
A
291,725
0.1
49,900
Sinomach
Automobile
Co.
Ltd.
-
Class
A
38,784
0.0
126,000
SITC
International
Holdings
Co.
Ltd.
635,266
0.1
223,500
Sunshine
Insurance
Group
Co.
Ltd.
-
Class
H
104,677
0.0
44,794
(1)
TAL
Education
Group,
ADR
559,925
0.1
602,500
TCL
Technology
Group
Corp.
-
Class
A
421,882
0.1
149,622
Tencent
Holdings
Ltd.
9,142,351
1.4
95,553
Tiangong
International
Co.
Ltd.
35,775
0.0
170,200
(1)
Tianma
Microelectronics
Co.
Ltd.
-
Class
A
162,987
0.0
26,450
(1)
Trip.com
Group
Ltd.
1,239,196
0.2
60,400
(1)
Union
Optech
Co.
Ltd.
-
Class
A
112,793
0.0
28,499
Vipshop
Holdings
Ltd.,
ADR
437,175
0.1
306,900
Weichai
Power
Co.
Ltd.
-
Class
A
1,271,116
0.2
239,500
(1)(2)
Xiabuxiabu
Catering
Management
China
Holdings
Co.
Ltd.
7,269
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
China
(continued)
135,400
Xiamen
Xiangyu
Co.
Ltd.
-
Class
A
$
134,518
0.0
216,400
Xingtong
Shipping
Co.
Ltd.
-
Class
A
430,730
0.1
398,562
Youngor
Group
Co.
Ltd.
-
Class
A
463,992
0.1
867,400
Zhefu
Holding
Group
Co.
Ltd.
-
Class
A
592,171
0.1
336,300
Zhejiang
Semir
Garment
Co.
Ltd.
-
Class
A
309,692
0.1
52,700
(1)(3)
Zhihu,
Inc.
56,757
0.0
41,113,803
6.1
Czechia
:
0.0%
445
CEZ
AS
28,667
0.0
14,480
(2)
Moneta
Money
Bank
AS
132,511
0.0
161,178
0.0
Denmark
:
1.4%
1,003
ALK-Abello
A/S
34,305
0.0
2,827
(1)
Bavarian
Nordic
A/S
77,493
0.0
4,925
Carlsberg
AS
-
Class
B
725,230
0.1
26,781
Coloplast
A/S
-
Class
B
1,771,021
0.3
17,346
Danske
Bank
A/S
998,257
0.2
14,030
H
Lundbeck
A/S
89,762
0.0
118,330
Novo
Nordisk
A/S
-
Class
B
5,597,196
0.8
9,293,264
1.4
Finland
:
0.7%
63,568
Metso
Oyj
1,189,880
0.2
161,505
Nokia
Oyj
1,492,780
0.2
37,251
Nokia
Oyj,
ADR
340,474
0.1
7,290
Orion
Oyj
-
Class
B
681,522
0.1
1,721
Pihlajalinna
Oyj
20,401
0.0
24,050
Wartsila
Oyj
Abp
815,591
0.1
4,540,648
0.7
France
:
7.5%
31,684
Accor
SA
1,647,759
0.2
30,594
(1)
Alstom
SA
566,783
0.1
72,155
AXA
SA
3,739,767
0.5
11,876
BNP
Paribas
SA
1,509,068
0.2
27,409
Bouygues
SA
1,543,944
0.2
21,502
Capgemini
SE
2,555,743
0.4
20,118
Cie
de
Saint-Gobain
1,890,832
0.3
10,318
Eiffage
SA
1,466,493
0.2
12,053
EssilorLuxottica
SA
2,281,897
0.3
3,842
Gecina
SA
-
Class
C
332,844
0.0
15,990
Getlink
SE
341,110
0.0
73,299
Klepierre
SA
3,329,317
0.5
8,608
L'Oreal
SA
3,833,963
0.6
5,583
LVMH
Moet
Hennessy
Louis
Vuitton
SE
3,065,822
0.5
129,298
Orange
SA
2,470,586
0.4
16,559
Pernod
Ricard
SA
1,290,498
0.2
54,832
Societe
Generale
SA
5,154,024
0.8
4,168
Thales
SA
1,186,548
0.2
84,844
TotalEnergies
SE
7,479,888
1.1
76,712
Valeo
1,327,263
0.2
26,608
Vinci
SA
3,756,859
0.6
50,771,008
7.5
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Germany
:
4.7%
9,735
Adidas
AG
$
1,801,200
0.3
6,212
Allianz
SE
3,094,212
0.5
3,629
(2)
Aumann
AG
58,168
0.0
20,609
BASF
SE
1,196,427
0.2
42,328
Bayer
AG
2,349,025
0.3
4,709
Deutsche
Post
AG,
Reg
314,570
0.0
117,759
E.ON
SE
2,536,914
0.4
1,345
ElringKlinger
AG
7,507
0.0
22,385
Evonik
Industries
AG
452,842
0.1
18,383
Fresenius
SE
&
Co.
KGaA
944,836
0.1
4,388
Hannover
Rueck
SE
1,264,826
0.2
2,294
Heidelberg
Materials
AG
427,063
0.1
4,495
Hochtief
AG
2,303,797
0.3
26,279
Infineon
Technologies
AG
1,885,875
0.3
112
Init
Innovation
in
Traffic
Systems
SE
6,117
0.0
8,836
Nemetschek
SE
595,588
0.1
3,926
Rational
AG
3,056,614
0.5
19,655
SAP
SE
3,602,666
0.5
27,474
(2)
Scout24
SE
2,355,446
0.3
9,238
Siemens
AG,
Reg
3,026,799
0.4
2,595
Talanx
AG
344,913
0.1
31,625,405
4.7
Greece
:
0.1%
2,112
Danaos
Corp.
299,123
0.1
10,479
Hellenic
Telecommunications
Organization
SA
241,846
0.0
903
Motor
Oil
Hellas
Corinth
Refineries
SA
52,898
0.0
593,867
0.1
Hong
Kong
:
1.8%
535,636
AIA
Group
Ltd.
5,399,692
0.8
85,544
Hong
Kong
Exchanges
&
Clearing
Ltd.
4,457,086
0.7
194,000
Hongkong
Land
Holdings
Ltd.
1,573,097
0.2
23,000
Johnson
Electric
Holdings
Ltd.
54,561
0.0
72,300
Link
REIT
360,379
0.0
67,931
PAX
Global
Technology
Ltd.
34,128
0.0
92,000
Pico
Far
East
Holdings
Ltd.
26,390
0.0
97,000
(3)
Sun
Hung
Kai
&
Co.
Ltd.
50,961
0.0
33,500
Sun
Hung
Kai
Properties
Ltd.
525,777
0.1
1,340,000
Uni-Bio
Science
Group
Ltd.
13,001
0.0
12,495,072
1.8
India
:
1.0%
58,640
Coal
India
Ltd.
254,584
0.1
147,814
HDFC
Bank
Ltd.,
ADR
3,537,189
0.5
147,992
ICICI
Bank
Ltd.
2,224,195
0.3
284,420
Indian
Oil
Corp.
Ltd.
416,934
0.1
1,564
Procter
&
Gamble
Hygiene
&
Health
Care
Ltd.
140,885
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
India
(continued)
4,159
SIS
Ltd.
$
18,410
0.0
6,592,197
1.0
Indonesia
:
0.1%
76,400
First
Resources
Ltd.
201,954
0.0
1,306,000
Indosat
Tbk
PT
137,430
0.0
3,288,100
Perusahaan
Gas
Negara
Tbk
PT
273,983
0.1
553,600
Unilever
Indonesia
Tbk
PT
53,994
0.0
667,361
0.1
Israel
:
1.4%
13,079
Bank
Hapoalim
BM
317,532
0.0
19,635
Bank
Leumi
Le-Israel
BM
463,942
0.1
32,317
(1)
Check
Point
Software
Technologies
Ltd.
4,108,460
0.6
18,583
Mizrahi
Tefahot
Bank
Ltd.
1,382,912
0.2
7,567
(1)
Nexxen
International
Ltd.
77,789
0.0
6,073
Phoenix
Financial
Ltd.
340,510
0.1
60,898
(1)
Teva
Pharmaceutical
Industries
Ltd.,
ADR
2,132,039
0.3
2,523
(1)
Tower
Semiconductor
Ltd.
552,704
0.1
470
(1)
Wix.com
Ltd.
25,864
0.0
9,401,752
1.4
Italy
:
3.1%
7,990
Assicurazioni
Generali
SpA
404,926
0.1
245,228
Banca
Mediolanum
SpA
6,570,875
1.0
39,204
Eni
SpA
1,090,525
0.2
3,888
Ferrari
NV
1,528,735
0.2
2,184
Gefran
SpA
27,577
0.0
102,864
Italgas
SpA
1,061,153
0.2
16,460
Leonardo
SpA
1,049,071
0.1
20,060
Poste
Italiane
SpA
606,866
0.1
21,819
Ryanair
Holdings
PLC,
ADR
1,276,630
0.2
293,978
(3)
Saipem
SpA
1,426,219
0.2
27,607
UniCredit
SpA
2,603,667
0.4
97,702
Unipol
Gruppo
SpA
3,057,046
0.4
20,703,290
3.1
Ivory
Coast
:
0.2%
32,469
Endeavour
Mining
PLC-GBP
1,548,941
0.2
Japan
:
12.5%
2,600
Achilles
Corp.
20,978
0.0
8,400
Advantest
Corp.
1,659,688
0.2
6,400
Aida
Engineering
Ltd.
47,586
0.0
1,800
Anritsu
Corp.
39,339
0.0
29,100
Asahi
Group
Holdings
Ltd.
303,694
0.0
52,000
Astellas
Pharma,
Inc.
714,210
0.1
3,100
Avant
Group
Corp.
24,617
0.0
5,100
Bank
of
Saga
Ltd.
177,391
0.0
95,200
Bridgestone
Corp.
2,351,005
0.3
24,600
Chugai
Pharmaceutical
Co.
Ltd.
1,067,427
0.2
4,900
CTS
Co.
Ltd.
25,858
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
46,200
Dai-ichi
Life
Holdings,
Inc.
$
557,051
0.1
4,000
Dainichiseika
Color
&
Chemicals
Manufacturing
Co.
Ltd.
27,765
0.0
4,200
Daitron
Co.
Ltd.
85,838
0.0
4,100
Digital
Hearts
Holdings
Co.
Ltd.
19,288
0.0
1,700
Disco
Corp.
607,639
0.1
54,000
East
Japan
Railway
Co.
1,242,461
0.2
58,500
Eisai
Co.
Ltd.
1,758,677
0.3
71,300
ENEOS
Holdings,
Inc.
588,833
0.1
16,300
FANUC
Corp.
656,817
0.1
2,600
FIDEA
Holdings
Co.
Ltd.
34,954
0.0
4,900
Fujikura
Kasei
Co.
Ltd.
26,369
0.0
26,200
Fujikura
Ltd.
664,861
0.1
17,300
Furukawa
Electric
Co.
Ltd.
330,117
0.1
1,700
(3)
GMO
GlobalSign
Holdings
KK
24,287
0.0
6,000
Hanwa
Co.
Ltd.
63,726
0.0
1,000
Horiba
Ltd.
156,951
0.0
16,300
Hoya
Corp.
2,492,548
0.4
9,000
Ibiden
Co.
Ltd.
900,386
0.1
14,900
Idemitsu
Kosan
Co.
Ltd.
121,979
0.0
3,700
I'll,
Inc.
52,506
0.0
5,000
Itfor,
Inc.
53,860
0.0
3,000
IwaiCosmo
Holdings,
Inc.
78,197
0.0
22,700
J
Trust
Co.
Ltd.
115,606
0.0
6,900
Japan
Aviation
Electronics
Industry
Ltd.
101,810
0.0
23,700
Japan
Exchange
Group,
Inc.
322,394
0.0
126,600
Japan
Post
Bank
Co.
Ltd.
2,447,828
0.4
184,000
Japan
Post
Holdings
Co.
Ltd.
2,722,163
0.4
73,200
Japan
Post
Insurance
Co.
Ltd.
806,013
0.1
4,200
JSP
Corp.
66,361
0.0
12,700
JX
Advanced
Metals
Corp.
294,236
0.0
123,300
Kansai
Electric
Power
Co.,
Inc.
1,867,314
0.3
83,901
Kawasaki
Heavy
Industries
Ltd.
1,433,420
0.2
9,242
Keyence
Corp.
4,635,667
0.7
3,700
(1)
Kioxia
Holdings
Corp.
1,031,325
0.2
5,500
Koa
Corp.
75,467
0.0
123,500
Komatsu
Ltd.
5,358,697
0.8
7,200
KPP
Group
Holdings
Co.
Ltd.
49,895
0.0
73,300
Kubota
Corp.
1,243,571
0.2
2,000
M&A
Capital
Partners
Co.
Ltd.
48,507
0.0
231,100
M3,
Inc.
2,589,055
0.4
96,400
Makita
Corp.
3,105,083
0.5
10,000
Marvelous,
Inc.
29,272
0.0
2,900
Maxell
Ltd.
37,284
0.0
273,400
Mitsubishi
Chemical
Group
Corp.
2,011,910
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
89,100
Mitsubishi
Heavy
Industries
Ltd.
$
2,081,584
0.3
91,000
Mitsubishi
UFJ
Financial
Group,
Inc.
2,032,621
0.3
146,850
Mitsui
Fudosan
Co.
Ltd.
1,430,527
0.2
1,900
Mitsui
Mining
&
Smelting
Co.
Ltd.
357,719
0.1
25,800
Mizuho
Financial
Group,
Inc.
1,337,580
0.2
12,100
MS&AD
Insurance
Group
Holdings,
Inc.
372,481
0.1
26,700
Murata
Manufacturing
Co.
Ltd.
1,216,568
0.2
1,200
Nachi-Fujikoshi
Corp.
40,582
0.0
6,100
NGK
Insulators
Ltd.
208,708
0.0
19,900
Nitto
Denko
Corp.
420,217
0.1
5,500
Nitto
Seiko
Co.
Ltd.
26,937
0.0
5,400
Nittoc
Construction
Co.
Ltd.
38,560
0.0
37,600
Nomura
Holdings,
Inc.
363,761
0.1
17,900
Obic
Co.
Ltd.
513,436
0.1
1,800
(3)
Odawara
Engineering
Co.
Ltd.
24,980
0.0
49,200
Olympus
Corp.
562,326
0.1
17,100
Ono
Pharmaceutical
Co.
Ltd.
255,559
0.0
2,800
Optex
Group
Co.
Ltd.
59,904
0.0
30,800
Otsuka
Corp.
635,545
0.1
90,400
Panasonic
Holdings
Corp.
2,390,399
0.4
10,000
Prestige
International,
Inc.
44,459
0.0
283,400
(1)
Rakuten
Group,
Inc.
1,477,691
0.2
77,000
Recruit
Holdings
Co.
Ltd.
6,089,223
0.9
134,313
Resona
Holdings,
Inc.
1,821,393
0.3
7,500
Rheon
Automatic
Machinery
Co.
Ltd.
70,960
0.0
60,200
Ricoh
Co.
Ltd.
590,742
0.1
8,200
Sato
Corp.
125,285
0.0
8,100
Sekisui
Kasei
Co.
Ltd.
26,675
0.0
1,600
SEMITEC
Corp.
19,914
0.0
2,500
Shibaura
Machine
Co.
Ltd.
64,065
0.0
59,557
Shin-Etsu
Chemical
Co.
Ltd.
2,123,215
0.3
89,900
SMS
Co.
Ltd.
1,248,217
0.2
38,600
SoftBank
Group
Corp.
1,202,294
0.2
4,300
Sojitz
Corp.
143,665
0.0
79,100
Sumitomo
Electric
Industries
Ltd.
1,046,896
0.2
41,800
Sumitomo
Mitsui
Financial
Group,
Inc.
1,796,102
0.3
192,000
Sumitomo
Mitsui
Trust
Holdings,
Inc.
1,974,275
0.3
6,200
System
Support,
Inc.
43,402
0.0
700
Taisei
Oncho
Co.
Ltd.
22,169
0.0
9,500
Takeda
Pharmaceutical
Co.
Ltd.
326,189
0.0
4,400
TechMatrix
Corp.
56,719
0.0
88,800
Toei
Animation
Co.
Ltd.
1,639,762
0.2
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
2,600
Tokyo
Printing
Ink
Manufacturing
Co.
Ltd.
$
22,677
0.0
7,300
Toshiba
TEC
Corp.
143,250
0.0
6,200
Tosho
Co.
Ltd.
29,728
0.0
1,300
Ueki
Corp.
22,056
0.0
52,400
Unicharm
Corp.
332,371
0.1
4,100
Unipres
Corp.
34,085
0.0
6,600
Vector,
Inc.
73,350
0.0
2,800
Yokowo
Co.
Ltd.
68,942
0.0
12,000
Zenrin
Co.
Ltd.
68,191
0.0
84,487,737
12.5
Kuwait
:
0.1%
2,101
Humansoft
Holding
Co.
KSC
16,290
0.0
318,858
Kuwait
Investment
Co.
SAK
189,358
0.0
119,352
Mobile
Telecommunications
Co.
KSCP
230,520
0.1
119,783
Noor
Financial
Investment
Co.
KSC
164,150
0.0
600,318
0.1
Malaysia
:
0.1%
108,300
Hibiscus
Petroleum
Bhd
51,595
0.0
221,200
IOI
Corp.
Bhd
239,642
0.1
410,800
(1)
Malaysia
Marine
and
Heavy
Engineering
Holdings
Bhd
34,357
0.0
10,900
Petronas
Dagangan
Bhd
52,066
0.0
121,600
Sime
Darby
Plantation
Bhd
195,500
0.0
28,800
Westports
Holdings
Bhd
50,250
0.0
623,410
0.1
Mexico
:
0.5%
132,035
Cemex
SAB
de
CV
-
Foreign,
ADR
1,560,654
0.2
17,055
Fomento
Economico
Mexicano
SAB
de
CV
-
Foreign,
ADR
2,182,869
0.3
3,743,523
0.5
Monaco
:
0.0%
30,690
Safe
Bulkers,
Inc.
239,689
0.0
Netherlands
:
5.4%
62,174
ABN
AMRO
Bank
NV
2,812,597
0.4
12,178
Akzo
Nobel
NV
852,978
0.1
1,283
(1)(2)
Alfen
N.V.
18,385
0.0
3,209
(1)
Argenx
SE
2,748,499
0.4
1,331
(1)
Argenx
SE,
ADR
1,136,435
0.2
5,359
ASML
Holding
NV
8,831,339
1.3
1,555
BE
Semiconductor
Industries
NV
356,591
0.1
2,956
Heineken
Holding
NV
248,676
0.0
16,366
IMCD
NV
1,788,731
0.3
110,823
ING
Groep
NV
3,894,492
0.6
42,533
Koninklijke
Ahold
Delhaize
NV
1,685,252
0.2
46,827
Koninklijke
Philips,
N.V.
1,233,791
0.2
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Netherlands
(continued)
3,817
(1)
Nebius
Group
NV
-
Class
A
$
726,795
0.1
536
Nedap
NV
59,517
0.0
56,559
NN
Group
NV
5,331,318
0.8
100,575
Universal
Music
Group
NV
1,659,443
0.2
42,345
Wolters
Kluwer
NV
3,324,449
0.5
36,709,288
5.4
Norway
:
0.9%
21,399
DNB
Bank
ASA
689,018
0.1
98,239
Gjensidige
Forsikring
ASA
2,930,561
0.4
22,955
Moreld
AS
48,199
0.0
21,724
MPC
Container
Ships
ASA
55,837
0.0
39,195
Norsk
Hydro
ASA
361,536
0.1
12,258
Sentia
AS
100,366
0.0
313,506
Var
Energi
ASA
1,575,057
0.2
27,032
Wallenius
Wilhelmsen
ASA
421,274
0.1
6,181,848
0.9
Peru
:
0.0%
9,975
Cia
de
Minas
Buenaventura
SAA,
ADR
302,043
0.0
Philippines
:
0.0%
149,700
OceanaGold
Philippines,
Inc.
81,412
0.0
222,100
Wilcon
Depot,
Inc.
20,860
0.0
102,272
0.0
Poland
:
0.7%
625
Bank
Polska
Kasa
Opieki
SA
41,197
0.0
11,203
KGHM
Polska
Miedz
SA
928,666
0.1
99,269
Polski
Koncern
Naftowy
ORLEN
SA
3,939,124
0.6
4,908,987
0.7
Qatar
:
0.0%
247,117
Doha
Bank
QPSC
196,689
0.0
34,017
Doha
Insurance
Co.
QSC
27,213
0.0
21,191
Ooredoo
QPSC
72,778
0.0
69,039
Qatar
Industrial
Manufacturing
Co.
QSC
41,401
0.0
338,081
0.0
Russia
:
—%
1,561,600
(1)(4)
Alrosa
PJSC
—
—
Saudi
Arabia
:
0.3%
173,434
Bank
Al-Jazira
562,198
0.1
23,679
Fourth
Milling
Co.
24,842
0.0
9,864
Mobile
Telecommunications
Co.
Saudi
Arabia
27,185
0.0
12,332
(1)
Rabigh
Refining
&
Petrochemical
Co.
48,959
0.0
45,926
(2)
Saudi
Arabian
Oil
Co.
324,019
0.0
5,568
Saudi
Electricity
Co.
25,194
0.0
55,502
Saudi
Telecom
Co.
637,560
0.1
48,740
Savola
Group
338,464
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Saudi
Arabia
(continued)
16,249
(3)
Tabuk
Cement
Co.
$
32,109
0.0
2,020,530
0.3
Singapore
:
1.2%
360,200
CSE
Global
Ltd.
336,598
0.1
48,900
Huationg
Global
Ltd.
28,407
0.0
968,300
Marco
Polo
Marine
Ltd.
100,352
0.0
54,100
Pan-United
Corp.
Ltd.
67,859
0.0
82,100
Q&M
Dental
Group
Singapore
Ltd.
35,545
0.0
125,700
Sheng
Siong
Group
Ltd.
327,146
0.0
107,100
Singapore
Airlines
Ltd.
642,472
0.1
62,100
Singapore
Exchange
Ltd.
1,183,887
0.2
544,000
Singapore
Telecommunications
Ltd.
1,882,185
0.3
95,800
United
Overseas
Bank
Ltd.
3,239,870
0.5
214,200
Wee
Hur
Holdings
Ltd.
113,547
0.0
7,957,868
1.2
South
Africa
:
0.9%
19,273
Altron
Ltd.
-
Class
A
33,562
0.0
52,332
Anglo
American
PLC
2,649,115
0.4
16,275
Bidvest
Group
Ltd.
244,193
0.1
164,541
Clicks
Group
Ltd.
2,196,436
0.3
1,180
Kumba
Iron
Ore
Ltd.
18,730
0.0
863,756
Old
Mutual
Ltd.
698,481
0.1
7,645
(1)
Sasol
Ltd.
90,596
0.0
5,931,113
0.9
South
Korea
:
4.6%
25,615
(1)(2)(3)
Delivery
Hero
SE
1,116,630
0.2
2,775
DNF
Co.
Ltd.
23,735
0.0
4,693
DY
POWER
Corp.
35,198
0.0
1,623
Global
Standard
Technology
Co.
Ltd.
46,529
0.0
8,280
Hana
Financial
Group,
Inc.
715,716
0.1
51,808
(1)
Hanwha
Life
Insurance
Co.
Ltd.
156,669
0.0
3,679
HPSP
Co.
Ltd.
86,688
0.0
7,707
Hyundai
Ezwel
Co.
Ltd.
32,941
0.0
6,030
(1)
Hyundai
Marine
&
Fire
Insurance
Co.
Ltd.
160,396
0.0
11,502
KB
Financial
Group,
Inc.
1,346,158
0.2
22,220
KG
Chemical
Corp.
63,420
0.0
5,970
KG
Eco
Solution
Co.
Ltd.
22,528
0.0
3,369
Korea
United
Pharm,
Inc.
42,193
0.0
1,397
Krafton,
Inc.
236,087
0.0
91,736
KT
Corp.,
ADR
1,659,504
0.3
8,172
LG
Electronics,
Inc.
905,799
0.1
19,372
(1)
LG
HelloVision
Co.
Ltd.
21,308
0.0
25,125
LG
Uplus
Corp.
257,620
0.1
4,674
Neowiz
59,776
0.0
21,984
Nexen
Tire
Corp.
94,680
0.0
2,135
Samsung
C&T
Corp.
497,376
0.1
79,203
Samsung
Electronics
Co.
Ltd.
13,785,664
2.0
46,852
Shinhan
Financial
Group
Co.
Ltd.
3,252,465
0.5
4,757
SK
Hynix,
Inc.
5,402,314
0.8
2,912
SK,
Inc.
1,087,912
0.2
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
South
Korea
(continued)
7,990
Toptec
Co.
Ltd.
$
16,644
0.0
4,887
Vieworks
Co.
Ltd.
74,548
0.0
6,968
WiSoL
Co.
Ltd.
26,754
0.0
1,253
Woori
Financial
Group,
Inc.,
ADR
86,369
0.0
31,313,621
4.6
Spain
:
1.4%
34,381
(2)
Aena
SME
SA
1,059,893
0.2
34,126
Amadeus
IT
Group
SA
2,106,153
0.3
303,299
CaixaBank
SA
4,405,826
0.7
1,353
Elecnor
SA
53,504
0.0
16,112
Endesa
SA
784,573
0.1
7,422
Indra
Sistemas
SA
487,971
0.1
38,015
Mapfre
SA
194,386
0.0
9,774
Repsol
SA
298,313
0.0
9,390,619
1.4
Sweden
:
2.5%
116,230
Assa
Abloy
AB
-
Class
B
4,312,805
0.6
442
Boliden
AB
22,240
0.0
362,572
Hexagon
AB
-
Class
B
3,578,793
0.5
20,691
L
E
Lundbergforetagen
AB
-
Class
B
1,242,812
0.2
25,875
Sandvik
AB
967,589
0.2
109,534
Swedbank
AB
-
Class
A
4,381,356
0.7
158,878
Telefonaktiebolaget
LM
Ericsson,
ADR
1,558,593
0.2
91,269
Telefonaktiebolaget
LM
Ericsson
-
Class
B
897,785
0.1
33,440
Telia
Co.
AB
154,968
0.0
17,116,941
2.5
Switzerland
:
3.0%
20,214
ABB
Ltd.,
Reg
1,994,292
0.3
4,073
Cie
Financiere
Richemont
SA
962,621
0.1
31
EMS-Chemie
Holding
AG
31,392
0.0
18,173
Galderma
Group
AG
3,954,654
0.6
23,592
Logitech
International
SA
2,409,458
0.4
3,323
Partners
Group
Holding
AG
2,769,817
0.4
12,527
Sandoz
Group
AG
1,021,174
0.1
1,572
Sonova
Holding
AG,
Reg
428,297
0.1
5,511
Swatch
Group
AG
-
Class
BR
1,232,131
0.2
98,926
UBS
Group
AG
5,228,996
0.8
20,032,832
3.0
Taiwan
:
6.2%
5,000
Asustek
Computer,
Inc.
124,063
0.0
129,000
Cathay
Financial
Holding
Co.
Ltd.
401,484
0.1
170,000
China
Airlines
Ltd.
117,852
0.0
974,000
China
Development
Financial
Holding
Corp.
920,217
0.1
443,000
Compal
Electronics,
Inc.
487,182
0.1
16,000
Delta
Electronics,
Inc.
787,162
0.1
19,000
Elite
Semiconductor
Microelectronics
Technology,
Inc.
103,009
0.0
32,000
Ennoconn
Corp.
398,193
0.1
576,000
Eva
Airways
Corp.
768,485
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Taiwan
(continued)
21,000
Evergreen
Marine
Corp.
Taiwan
Ltd.
$
131,977
0.0
49,000
(1)
FLEXium
Interconnect,
Inc.
73,684
0.0
35,000
Formosa
Petrochemical
Corp.
75,587
0.0
31,000
Gamania
Digital
Entertainment
Co.
Ltd.
40,089
0.0
3,849
Himax
Technologies,
Inc.,
ADR
48,266
0.0
27,000
(1)
Holtek
Semiconductor,
Inc.
44,029
0.0
9,000
Inergy
Technology,
Inc.
40,746
0.0
44,000
International
Games
System
Co.
Ltd.
1,052,959
0.2
13,000
Kerry
TJ
Logistics
Co.
Ltd.
11,683
0.0
16,000
Kingwaytek
Technology
Co.
Ltd.
28,073
0.0
8,000
L&K
Engineering
Co.
Ltd.
172,156
0.0
5,000
Lion
Travel
Service
Co.
Ltd.
22,668
0.0
45,800
MediaTek,
Inc.
4,878,970
0.7
3,000
MPI
Corp.
477,527
0.1
159,000
Novatek
Microelectronics
Corp.
2,512,931
0.4
12,000
Otsuka
Information
Technology
Corp.
60,605
0.0
218,000
Pegatron
Corp.
564,092
0.1
13,000
Phison
Electronics
Corp.
639,800
0.1
18,000
Pro
Hawk
Corp.
89,799
0.0
39,000
Sigurd
Microelectronics
Corp.
221,594
0.0
24,000
Simplo
Technology
Co.
Ltd.
259,385
0.1
8,000
Sinopower
Semiconductor,
Inc.
54,465
0.0
255,531
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
18,900,421
2.8
15,274
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.,
ADR
6,174,515
0.9
50,000
Taiwan
Surface
Mounting
Technology
Corp.
213,972
0.0
11,301
United
Microelectronics
Corp.,
ADR
215,058
0.0
9,000
Wistron
Information
Technology
&
Services
Corp.
33,249
0.0
10,000
World
Gym
Corp.
27,724
0.0
13,000
Wowprime
Corp.
93,980
0.0
86,000
Zhen
Ding
Technology
Holding
Ltd.
1,079,038
0.2
42,346,689
6.2
Thailand
:
0.9%
61,400
(3)
Bangkok
Bank
PCL
351,492
0.1
57,700
Bangkok
Life
Assurance
PCL
44,928
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Thailand
(continued)
96,600
Digital
Telecommunications
Infrastructure
Fund
-
Class
F
$
29,507
0.0
90,600
Gulf
Development
PCL
180,601
0.0
153,200
Kasikornbank
PCL
-
NVDR
1,117,760
0.2
45,300
KCG
Corp.
PCL
14,200
0.0
916,300
Krung
Thai
Bank
PCL
1,210,429
0.2
693,700
LH
Financial
Group
PCL
26,175
0.0
459,500
(3)
PTT
Exploration
&
Production
PCL
2,057,902
0.3
98,100
(3)
PTT
Global
Chemical
PCL
107,489
0.0
245,300
PTT
PCL
282,774
0.0
800,900
(3)
Quality
Houses
PCL
34,676
0.0
7,200
SCB
X
PCL
32,928
0.0
36,700
Thai
Oil
PCL
71,814
0.0
7,066,700
TMBThanachart
Bank
PCL
645,906
0.1
6,208,581
0.9
United
Arab
Emirates
:
0.5%
314,175
Abu
Dhabi
National
Oil
Co.
for
Distribution
PJSC
342,135
0.0
62,541
(1)
Abu
Dhabi
Ports
Co.
PJSC
83,346
0.0
21,321
ADNOC
Logistics
&
Services
35,973
0.0
86,278
Alpha
Data
PJSC
32,886
0.0
89,621
Americana
Restaurants
International
PLC
-
Foreign
Co.
53,582
0.0
401,924
Dana
Gas
PJSC
93,165
0.0
124,996
Emaar
Properties
PJSC
373,059
0.1
184,346
Emirates
Telecommunications
Group
Co.
PJSC
1,021,858
0.2
228,602
First
Abu
Dhabi
Bank
PJSC
1,204,033
0.2
226,930
Talabat
Holding
PLC
64,872
0.0
3,304,909
0.5
United
Kingdom
:
8.8%
6,514
(1)
accesso
Technology
Group
PLC
27,998
0.0
61,580
(1)(3)
Afentra
PLC
51,393
0.0
15,731
AstraZeneca
PLC
-
GBP
2,675,996
0.4
625
AstraZeneca
PLC
-
USD
106,025
0.0
70,143
Barclays
PLC,
ADR
1,928,933
0.3
197,533
Barratt
Developments
PLC
785,036
0.1
69,705
British
American
Tobacco
PLC
4,228,356
0.6
7,804
Central
Asia
Metals
PLC
15,488
0.0
7,130
Coca-Cola
European
Partners
PLC
-
USD
780,450
0.1
97,789
Diageo
PLC
2,148,254
0.3
32,085
Diploma
PLC
3,177,458
0.5
212,132
GSK
PLC
5,516,020
0.8
8,800
GSK
PLC,
ADR
454,872
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
Kingdom
(continued)
45,012
Halma
PLC
$
2,150,538
0.3
16,292
HSBC
Holdings
PLC
346,942
0.1
88,899
Imperial
Brands
PLC
3,373,783
0.5
96,912
International
Consolidated
Airlines
Group
SA
-
Class
DI
564,116
0.1
68,730
Investec
PLC
-
ZAR
605,252
0.1
1,546,396
Lloyds
Banking
Group
PLC
2,390,128
0.4
51,171
London
Stock
Exchange
Group
PLC
5,756,334
0.8
848,726
M&G
PLC
4,099,930
0.6
127,435
NatWest
Group
PLC
1,202,043
0.2
223,702
Phoenix
Group
Holdings
PLC
2,787,610
0.4
1,571
Polar
Capital
Holdings
PLC
16,324
0.0
42,898
Reckitt
Benckiser
Group
PLC
3,027,618
0.4
106,328
RELX
PLC
-
EUR
3,755,166
0.6
19,204
RELX
PLC
-
GBP
675,440
0.1
54,812
Sage
Group
PLC
722,034
0.1
78,040
Unilever
PLC
4,997,498
0.7
61,479
United
Utilities
Group
PLC
1,145,003
0.2
25,940
(1)
Verisure
PLC
322,552
0.0
59,834,590
8.8
United
States
:
7.5%
17,223
Accenture
PLC
-
Class
A
2,857,640
0.4
23,941
Alcon,
Inc.
1,644,249
0.2
12,187
Aon
PLC
-
Class
A
4,394,023
0.7
363
AP
Moller
-
Maersk
A/S
-
Class
B
974,702
0.1
129,542
BP
PLC,
ADR
5,857,889
0.9
108,309
Experian
PLC
4,086,453
0.6
27,727
GFL
Environmental,
Inc.
1,145,680
0.2
13,421
Holcim
AG
1,218,951
0.2
22,578
InterContinental
Hotels
Group
PLC
3,651,025
0.5
4,751
Nestle
SA
474,868
0.1
6,519
Noram
Drilling
AS
29,508
0.0
44,848
Novartis
AG,
Reg
7,013,864
1.0
16,958
Roche
Holding
AG
7,412,215
1.1
8,609
Sanofi
741,335
0.1
62,952
Shell
PLC
2,881,410
0.4
51,041
Shell
PLC
-
EUR
2,340,370
0.3
3,463
(1)
Spotify
Technology
SA
1,731,292
0.3
72,181
(1)
Stellantis
NV
(STLAM)
415,587
0.1
5,973
Sunbelt
Rentals
Holdings,
Inc.
427,941
0.1
8,722
Swiss
Re
AG
1,451,472
0.2
50,750,474
7.5
Total
Common
Stock
(Cost
$580,074,626)
660,976,548
97.5
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
EXCHANGE-TRADED
FUNDS
:
0.1%
13,769
iShares
MSCI
ACWI
ex
U.S.
ETF
$
1,036,117
0.1
Total
Exchange-Traded
Funds
(Cost
$1,016,397)
1,036,117
0.1
PREFERRED
STOCK
:
0.4%
Germany
:
0.4%
10,404
Henkel
AG
&
Co.
KGaA
907,007
0.1
7,667
Sartorius
AG
1,932,344
0.3
2,839,351
0.4
Total
Preferred
Stock
(Cost
$3,130,476)
2,839,351
0.4
WARRANTS
:
—%
Canada
:
—%
794
(4)
Constellation
Software,
Inc.
—
—
Total
Warrants
(Cost
$–)
—
—
Total
Long-Term
Investments
(Cost
$584,221,499)
664,852,016
98.0
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
2.9%
Repurchase
Agreements
:
0.4%
274,941
(5)
Citadel
Securities
LLC,
Repurchase
Agreement
dated
07/31/2026,
3.700%,
due
08/03/2026
(Repurchase
Amount
$275,025,
collateralized
by
various
U.S.
Government
Securities,
0.000%-5.000%,
Market
Value
plus
accrued
interest
$280,526,
due
08/15/26-05/15/56)
274,941
0.0
181,495
(5)
Deutsche
Bank
Securities
Inc.,
Repurchase
Agreement
dated
07/31/2026,
3.620%,
due
08/03/2026
(Repurchase
Amount
$181,549,
collateralized
by
various
U.S.
Government
Securities,
1.250%-4.625%,
Market
Value
plus
accrued
interest
$185,125,
due
11/30/27-09/30/30)
181,495
0.0
Principal
Amount†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS:
(continued)
Repurchase
Agreements
(continued)
1,000,000
(5)
JPMorgan
Chase
&
Co.,
Repurchase
Agreement
dated
07/31/2026,
3.640%,
due
08/03/2026
(Repurchase
Amount
$1,000,299,
collateralized
by
various
U.S.
Government
Securities,
3.750%-4.125%,
Market
Value
plus
accrued
interest
$1,020,000,
due
11/15/32-11/30/32)
$
1,000,000
0.2
1,236,693
(5)
State
of
Wisconsin
Investment
Board,
Repurchase
Agreement
dated
07/31/2026,
3.750%,
due
08/03/2026
(Repurchase
Amount
$1,237,074,
collateralized
by
various
U.S.
Government
Securities,
0.125%-3.875%,
Market
Value
plus
accrued
interest
$1,258,909,
due
01/15/28-02/15/56)
1,236,693
0.2
Total
Repurchase
Agreements
(Cost
$2,693,129)
2,693,129
0.4
Time
Deposits
:
0.2%
130,957
(5)
Cooperatieve
Rabobank
UA,
3.620
%,
08/03/2026
130,957
0.0
130,957
(5)
DZ
Bank
AG,
3.610
%,
08/03/2026
130,957
0.1
130,957
(5)
Landesbank
Hessen
Thueringen
Girozentrale,
3.630
%,
08/03/2026
130,957
0.0
130,957
(5)
Mizuho
Bank
Ltd.,
3.640
%,
08/03/2026
130,957
0.0
130,957
(5)
Royal
Bank
of
Canada,
3.680
%,
08/03/2026
130,957
0.1
130,957
(5)
Societe
Generale
S.A.,
3.620
%,
08/03/2026
130,957
0.0
130,957
(5)
Svenska
Handelsbanken
AB,
3.620
%,
08/03/2026
130,957
0.0
130,957
(5)
Toronto-Dominion
Bank,
3.630
%,
08/03/2026
130,957
0.0
Total
Time
Deposits
(Cost
$1,047,656)
1,047,656
0.2
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
Shares
RA
Value
Percentage
of
Net
Assets
Mutual
Funds
:
2.3%
15,713,600
(6)
BlackRock
Liquidity
Funds,
FedFund,
Institutional
Class,
3.560%
(Cost
$15,713,600)
$
15,713,600
2.3
Total
Short-Term
Investments
(Cost
$19,454,385)
$
19,454,385
2.9
Total
Investments
in
Securities
(Cost
$603,675,884)
$
684,306,401
100.9
Liabilities
in
Excess
of
Other
Assets
(6,229,490)
(0.9)
Net
Assets
$
678,076,911
100.0
ADR
American
Depositary
Receipt
†
Unless
otherwise
indicated,
principal
amount
is
shown
in
USD.
(1)
Non-income
producing
security.
(2)
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.
(3)
Security,
or
a
portion
of
the
security,
is
on
loan.
(4)
For
fair
value
measurement
disclosure
purposes,
security
is
categorized
as
Level
3,
whose
value
was
determined
using
significant
unobservable
inputs.
(5)
All
or
a
portion
of
the
security
represents
securities
purchased
with
cash
collateral
received
for
securities
on
loan.
(6)
Rate
shown
is
the
7-day
yield
as
of
July
31,
2026.
Sector
Diversification
Percentage
of
Net
Assets
Financials
25.9
%
Information
Technology
17.5
Industrials
14.7
Health
Care
9.5
Consumer
Staples
6.1
Energy
5.9
Consumer
Discretionary
5.9
Communication
Services
4.7
Materials
4.3
Real
Estate
1.7
Utilities
1.7
Exchange-Traded
Funds
0.1
Short-Term
Investments
2.9
Liabilities
in
Excess
of
Other
Assets
(0.9)
Net
Assets
100.0%
Portfolio
holdings
are
subject
to
change
daily.
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
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
$
603,571
$
17,434,226
$
—
$
18,037,797
Austria
—
1,629,461
—
1,629,461
Belgium
—
11,474,041
—
11,474,041
Brazil
8,298,161
—
—
8,298,161
Canada
33,658,432
—
—
33,658,432
Chile
1,591,768
2,333,139
—
3,924,907
China
3,105,379
38,008,424
—
41,113,803
Czechia
161,178
—
—
161,178
Denmark
—
9,293,264
—
9,293,264
Finland
360,875
4,179,773
—
4,540,648
France
2,470,586
48,300,422
—
50,771,008
Germany
65,675
31,559,730
—
31,625,405
Greece
352,021
241,846
—
593,867
Hong
Kong
34,128
12,460,944
—
12,495,072
India
3,537,189
3,055,008
—
6,592,197
Indonesia
201,954
465,407
—
667,361
Israel
6,344,152
3,057,600
—
9,401,752
Italy
2,365,360
18,337,930
—
20,703,290
Ivory
Coast
—
1,548,941
—
1,548,941
Japan
1,639,762
82,847,975
—
84,487,737
Kuwait
180,440
419,878
—
600,318
Malaysia
297,816
325,594
—
623,410
Mexico
3,743,523
—
—
3,743,523
Monaco
239,689
—
—
239,689
Netherlands
5,337,213
31,372,075
—
36,709,288
Norway
625,676
5,556,172
—
6,181,848
Peru
302,043
—
—
302,043
Philippines
20,860
81,412
—
102,272
Poland
—
4,908,987
—
4,908,987
Qatar
196,689
141,392
—
338,081
Russia
—
—
—
—
Saudi
Arabia
689,587
1,330,943
—
2,020,530
Singapore
28,407
7,929,461
—
7,957,868
South
Africa
2,928,479
3,002,634
—
5,931,113
South
Korea
1,745,873
29,567,748
—
31,313,621
Spain
—
9,390,619
—
9,390,619
Sweden
1,558,593
15,558,348
—
17,116,941
Switzerland
—
20,032,832
—
20,032,832
Taiwan
6,465,563
35,881,126
—
42,346,689
Thailand
55,682
6,152,899
—
6,208,581
United
Arab
Emirates
1,119,616
2,185,293
—
3,304,909
United
Kingdom
4,455,972
55,378,618
—
59,834,590
United
States
16,990,734
33,759,740
—
50,750,474
Total
Common
Stock
111,772,646
549,203,902
—
660,976,548
Exchange-Traded
Funds
1,036,117
—
—
1,036,117
Preferred
Stock
—
2,839,351
—
2,839,351
Warrants
—
—
—
—
Short-Term
Investments
15,713,600
3,740,785
—
19,454,385
Total
Investments,
at
fair
value
$
128,522,363
$
555,784,038
$
—
$
684,306,401
Other
Financial
Instruments+
Forward
Foreign
Currency
Contracts
—
2,975
—
2,975
Total
Assets
$
128,522,363
$
555,787,013
$
—
$
684,309,376
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Equity
Fund
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
Liabilities
Table
Other
Financial
Instruments+
Forward
Foreign
Currency
Contracts
$
—
$
(452)
$
—
$
(452)
Futures
(10,661)
—
—
(10,661)
Total
Liabilities
$
(10,661)
$
(452)
$
—
$
(11,113)
#
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.
+
Other
Financial
Instruments
may
include
open
forward
foreign
currency
contracts,
futures,
centrally
cleared
swaps,
OTC
swaps
and
written
options.
Forward
foreign
currency
contracts,
futures
and
centrally
cleared
swaps
are
fair
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
OTC
swaps
and
written
options
are
valued
at
the
fair
value
of
the
instrument.
At
July
31,
2026,
the
following
forward
foreign
currency
contracts
were
outstanding
for
Voya
Multi-Manager
International
Equity
Fund:
Currency
Purchased
Currency
Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
ZAR
4,407,275
USD
267,216
JPMorgan
Chase
Bank
N.A.
08/04/26
$
(452)
ZAR
541,567
EUR
28,417
Standard
Chartered
Bank
08/05/26
11
ZAR
2,639,847
USD
157,491
State
Street
Bank
and
Trust
Co.
08/03/26
2,294
ZAR
7,976,775
USD
482,223
State
Street
Bank
and
Trust
Co.
08/05/26
596
ZAR
1,163,876
USD
70,373
UBS
Securities
LLC
08/05/26
74
$
2,523
At
July
31,
2026,
the
following
futures
contracts
were
outstanding
for
Voya
Multi-Manager
International
Equity
Fund:
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Unrealized
Depreciation
Long
Contracts:
MSCI
EAFE
Index
9
09/18/26
$
1,432,035
$
(10,661)
$
1,432,035
$
(10,661)
Currency
Abbreviations:
EUR
—
EU
Euro
GBP
—
British
Pound
USD
—
United
States
Dollar
ZAR
—
South
African
Rand
Net
unrealized
appreciation
consisted
of:
Gross
Unrealized
Appreciation
$
112,291,760
Gross
Unrealized
Depreciation
(31,661,244)
Net
Unrealized
Appreciation
$
80,630,516