PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
99.3%
Australia
:
5.8%
539,928
(1)
29Metals
Ltd.
$
98,829
0.0
836,061
(1)
Aeris
Resources
Ltd.
238,050
0.1
100,665
(1)
AIC
Mines
Ltd.
51,589
0.0
6,581
ALS
Ltd.
99,329
0.0
61,013
AMP
Ltd.
91,933
0.0
49,122
Ansell
Ltd.
1,128,126
0.2
50,223
(1)
Appen
Ltd.
42,015
0.0
241,296
(1)
Aurelia
Metals
Ltd.
53,431
0.0
21,283
(1)
Austal
Ltd.
53,675
0.0
173,431
(2)
Australian
Clinical
Labs
Ltd.
290,155
0.1
69,886
Beach
Energy
Ltd.
44,944
0.0
27,873
Beacon
Minerals
Ltd.
48,658
0.0
126,620
Bendigo
&
Adelaide
Bank
Ltd.
1,017,946
0.2
37,460
Bravura
Solutions
Ltd.
66,893
0.0
34,694
Capricorn
Metals
Ltd.
307,544
0.1
13,540
(1)
Catalyst
Metals
Ltd.
51,106
0.0
127,209
Centuria
Capital
Group
130,474
0.0
78,714
Charter
Hall
Group
1,287,106
0.2
214,067
Charter
Hall
Retail
REIT
605,057
0.1
17,141
Charter
Hall
Social
Infrastructure
REIT
30,997
0.0
10,833
Codan
Ltd.
304,265
0.1
16,993
Cogstate
Ltd.
29,893
0.0
41,342
(1)(3)
Coronado
Global
Resources,
Inc.
4,958
0.0
13,727
Data#3
Ltd.
94,172
0.0
71,846
(1)
Delta
Lithium
Ltd.
8,590
0.0
6,962
(1)
DGL
Group
Ltd./Au
1,494
0.0
125,993
Downer
EDI
Ltd.
685,453
0.1
10,911
(1)
Elsight
Ltd.
42,973
0.0
133,061
(1)
Emeco
Holdings
Ltd.
90,551
0.0
16,142
Fleetwood
Ltd.
26,776
0.0
24,301
(1)
Focus
Minerals
Ltd.
30,944
0.0
8,612
(1)
Forrestania
Resources
Ltd.
1,993
0.0
12,733
(1)
Genesis
Minerals
Ltd.
51,008
0.0
115,579
GPT
Group
416,302
0.1
16,365
GR
Engineering
Services
Ltd.
65,373
0.0
12,167
(1)
Greatland
Resources
Ltd.
85,097
0.0
327,876
(1)(2)
Healius
Ltd.
86,141
0.0
32,679
Helia
Group
Ltd.
114,943
0.0
22,825
Helloworld
Travel
Ltd.
25,027
0.0
953,433
(1)(2)
Hillgrove
Resources
Ltd.
37,666
0.0
156,949
Horizon
Oil
Ltd.
24,296
0.0
60,199
Ingenia
Communities
Group
183,646
0.0
93,610
Inghams
Group
Ltd.
147,921
0.0
5,517
IRESS
Ltd.
26,442
0.0
2,011
JB
Hi-Fi
Ltd.
115,687
0.0
74,499
Jupiter
Mines
Ltd.
13,870
0.0
19,933
Kingsgate
Consolidated
Ltd.
56,372
0.0
5,023
Lovisa
Holdings
Ltd.
83,726
0.0
505,022
Macmahon
Holdings
Ltd.
327,341
0.1
141,857
Magellan
Financial
Group
Ltd.
949,459
0.2
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Australia
(continued)
20,083
Mayfield
Group
Holdings
Ltd.
$
28,714
0.0
148,616
(1)
Metals
X
Ltd.
164,338
0.0
3,025
(1)
Mineral
Resources
Ltd.
122,942
0.0
14,586
Monadelphous
Group
Ltd.
298,635
0.1
84,053
(1)
Nanosonics
Ltd.
185,519
0.1
4,986
Netwealth
Group
Ltd.
75,261
0.0
89,825
New
Hope
Corp.
Ltd.
328,036
0.1
28,563
NRW
Holdings
Ltd.
139,929
0.0
51,792
(1)
Nufarm
Ltd.
108,884
0.0
158,301
OceanaGold
Corp.
3,816,795
0.7
71,854
(1)
Ora
Banda
Mining
Ltd.
57,238
0.0
112,855
Orica
Ltd.
1,843,559
0.3
106,218
(1)
Paladin
Energy
Ltd.
702,172
0.1
9,443
(1)
Pantoro
Gold
Ltd.
13,536
0.0
45,704
Peet
Ltd.
57,056
0.0
108,912
Perenti
Ltd.
161,612
0.0
473,945
Perseus
Mining
Ltd.
1,622,445
0.3
55,703
Praemium
Ltd.
28,340
0.0
878,601
Ramelius
Resources
Ltd.
1,889,551
0.3
117,339
Region
RE
Ltd.
196,174
0.1
127,175
Regis
Healthcare
Ltd.
556,270
0.1
390,622
Regis
Resources
Ltd.
1,673,897
0.3
397,821
(1)
Resolute
Mining
Ltd.
260,292
0.1
156,665
(1)
Sandfire
Resources
Ltd.
2,073,836
0.4
7,851
Servcorp
Ltd.
35,687
0.0
48,696
Service
Stream
Ltd.
83,232
0.0
34,049
(2)
Shape
Australia
Pty
Ltd.
151,837
0.0
15,299
Shaver
Shop
Group
Ltd.
15,506
0.0
33,943
SKS
Technologies
Group
Ltd.
173,001
0.0
10,682
SmartGroup
Corp.
Ltd.
96,193
0.0
42,720
SRG
Global
Ltd.
100,526
0.0
37,558
Stanmore
Resources
Ltd.
60,828
0.0
376,065
(1)
Superloop
Ltd.
842,859
0.2
106,792
Tabcorp
Holdings
Ltd.
66,914
0.0
11,722
(2)
Tasmea
Ltd.
68,965
0.0
13,123
Technology
One
Ltd.
286,221
0.1
304,614
Ventia
Services
Group
Pty
Ltd.
1,242,313
0.2
159,922
(1)
Virgin
Australia
Holdings
Ltd.
311,547
0.1
221,366
(3)
Viva
Energy
Group
Ltd.
445,075
0.1
58,149
(1)
Vysarn
Ltd.
46,482
0.0
24,701
Wagners
Holding
Co.
Ltd.
70,197
0.0
158,266
(1)
West
African
Resources
Ltd.
315,411
0.1
19,802
Westgold
Resources
Ltd.
66,007
0.0
467,455
Whitehaven
Coal
Ltd.
2,308,551
0.4
392,625
(1)
Wildcat
Resources
Ltd.
92,304
0.0
3,704
(1)
Zimplats
Holdings
Ltd.
36,353
0.0
48,984
(1)
Zip
Co.
Ltd.
87,698
0.0
33,278,974
5.8
Austria
:
0.6%
2,853
(1)
ams-OSRAM
AG
56,682
0.0
488
(1)
AT&S
Austria
Technologie
&
Systemtechnik
AG
74,733
0.0
3,047
DO
&
Co.
AG
711,491
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Austria
(continued)
1,286
EVN
AG
$
43,572
0.0
2,954
FACC
AG
56,608
0.0
1,085
Frequentis
AG
92,587
0.0
2,788
Palfinger
AG
94,257
0.0
11,637
Porr
AG
505,401
0.1
49,473
UNIQA
Insurance
Group
AG
1,029,612
0.2
5,705
Vienna
Insurance
Group
AG
Wiener
Versicherung
Gruppe
467,523
0.1
5,306
voestalpine
AG
276,391
0.1
2,212
Wienerberger
AG
54,442
0.0
3,463,299
0.6
Belgium
:
1.3%
571
Ackermans
&
van
Haaren
NV
177,215
0.0
2,720
Aedifica
SA
219,951
0.1
4,194
Barco
NV
38,000
0.0
10,404
(1)
bpost
SA
18,031
0.0
533
Cie
d'Entreprises
CFE
7,283
0.0
16,271
Colruyt
Group
N.V
729,437
0.1
1,582
Deme
Group
NV
301,814
0.1
51,136
Fagron
1,365,878
0.2
535
Jensen-Group
NV
52,321
0.0
4,934
(1)
Materialise
NV,
ADR
31,331
0.0
6,456
Proximus
SADP
47,832
0.0
4,149
Retail
Estates
NV
315,437
0.1
2,112
Tessenderlo
Group
SA
52,008
0.0
4,135
Titan
America
SA
64,010
0.0
163,467
Umicore
SA
4,080,116
0.7
489
Wereldhave
Belgium
Comm
VA
29,999
0.0
7,530,663
1.3
Bermuda
:
0.4%
26,312
Conduit
Holdings
Ltd.
153,373
0.0
10,216
Himalaya
Shipping
Ltd.
160,610
0.1
27,499
Marex
Group
Ltd.
1,785,235
0.3
2,099,218
0.4
Brazil
:
0.0%
32,587
Guararapes
Confeccoes
S.A.
50,785
0.0
5,495
Pluxee
NV
90,211
0.0
140,996
0.0
Canada
:
9.4%
24,700
Aecon
Group,
Inc.
796,933
0.1
4,300
AGF
Management
Ltd.
-
Class
B
69,323
0.0
66,410
(1)
Air
Canada
1,201,856
0.2
87,100
Amerigo
Resources
Ltd.
411,936
0.1
24,403
(1)
Aritzia,
Inc.
2,431,509
0.4
61,397
Atco
Ltd./Canada
-
Class
I
3,495,449
0.6
161,700
B2Gold
Corp.
605,575
0.1
192,793
(1)
Bausch
Health
Cos.,
Inc.
1,327,141
0.2
40,015
Bird
Construction,
Inc.
1,908,766
0.3
31,697
(1)
BlackBerry
Ltd.
269,424
0.1
19,049
Boardwalk
Real
Estate
Investment
Trust
900,236
0.2
11,500
(1)
Bonterra
Energy
Corp.
46,596
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Canada
(continued)
11,057
Canaccord
Genuity
Group,
Inc.
$
113,579
0.0
14,092
Canada
Packers,
Inc.
191,700
0.0
117,100
(1)
Capstone
Copper
Corp.
1,111,817
0.2
18,147
Cascades,
Inc.
174,370
0.0
25,939
Centerra
Gold,
Inc.
445,932
0.1
158,875
CES
Energy
Solutions
Corp.
1,851,851
0.3
4,742
Chorus
Aviation,
Inc.
83,214
0.0
1,500
Cogeco
Communications,
Inc.
63,238
0.0
1,900
Cogeco,
Inc.
78,936
0.0
5,138
Colliers
International
Group,
Inc.
505,205
0.1
626
(1)
D2L,
Inc.
4,153
0.0
98,697
DPM
Metals,
Inc.
3,469,550
0.6
82,617
Enerflex
Ltd.
1,839,928
0.3
15,600
(1)
Ensign
Energy
Services,
Inc.
38,837
0.0
8,600
Evertz
Technologies
Ltd.
98,463
0.0
3,300
Exchange
Income
Corp.
295,549
0.1
10,508
Exco
Technologies
Ltd.
62,665
0.0
32,860
Extendicare,
Inc.
831,667
0.2
33,944
Finning
International,
Inc.
2,249,454
0.4
5,100
Firm
Capital
Property
Trust
25,612
0.0
105,900
(1)
Fortuna
Mining
Corp.
892,163
0.2
13,350
Gildan
Activewear,
Inc.
738,995
0.1
9,700
Groupe
Dynamite,
Inc.
391,709
0.1
182,303
Headwater
Exploration,
Inc.
1,723,091
0.3
3,614
(1)
High
Arctic
Energy
Services,
Inc.
2,294
0.0
132,746
Hudbay
Minerals,
Inc.
3,012,198
0.5
4,654
(1)
Imperial
Metals
Corp.
23,903
0.0
53,400
(1)
Journey
Energy,
Inc.
171,416
0.0
7,072
(1)
Kinaxis,
Inc.
847,520
0.2
2,100
Linamar
Corp.
154,880
0.0
18,000
(1)
Lotus
Creek
Exploration,
Inc.
42,116
0.0
35,360
(1)
Mako
Mining
Corp.
249,716
0.1
50,738
Maple
Leaf
Foods,
Inc.
1,035,137
0.2
19,475
Martinrea
International,
Inc.
141,563
0.0
2,200
Melcor
Developments
Ltd.
29,582
0.0
35,941
Methanex
Corp.
1,997,477
0.4
147,756
Monument
Mining
Ltd.
76,943
0.0
1,200
Morguard
Corp.
95,873
0.0
19,800
Mullen
Group
Ltd.
388,839
0.1
31,000
Neo
Performance
Materials,
Inc.
729,750
0.1
52,581
Northland
Power,
Inc.
818,431
0.2
22,000
(1)(2)
Obsidian
Energy
Ltd.
236,188
0.1
23,358
Paramount
Resources
Ltd.
-
Class
A
493,036
0.1
6,215
Pason
Systems,
Inc.
54,974
0.0
15,600
PHX
Energy
Services
Corp.
118,404
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Canada
(continued)
5,900
Polaris
Renewable
Energy,
Inc.
$
63,552
0.0
84,340
Quebecor,
Inc.
-
Class
B
3,902,797
0.7
19,334
Russel
Metals,
Inc.
927,635
0.2
9,884
(1)
Santacruz
Silver
Mining
Ltd.
63,597
0.0
8,000
(1)
Source
Energy
Services
Ltd.
65,913
0.0
4,965
(1)
SSR
Mining,
Inc.
127,203
0.0
26,200
Strathcona
Resources
Ltd.
794,681
0.1
152,800
Surge
Energy,
Inc.
1,128,138
0.2
10,900
(1)
Thinkific
Labs,
Inc.
9,331
0.0
98,226
Thor
Explorations
Ltd.
69,368
0.0
2,700
(1)
Tidewater
Renewables
Ltd.
31,876
0.0
32,600
Torex
Gold
Resources,
Inc.
1,254,606
0.2
19,400
Total
Energy
Services,
Inc.
327,012
0.1
101,627
Vermilion
Energy,
Inc.
1,209,215
0.2
1,100
Wajax
Corp.
25,463
0.0
204,134
Whitecap
Resources,
Inc.
2,408,515
0.4
5,500
Winpak
Ltd.
172,511
0.0
54,048,075
9.4
China
:
1.4%
132,484
Anhui
Huaheng
Biotechnology
Co.
Ltd.
-
Class
A
333,304
0.1
33,347
ATRenew,
Inc.,
ADR
141,391
0.0
20,481
(1)
Baozun,
Inc.,
ADR
58,781
0.0
497,000
Canny
Elevator
Co.
Ltd.
-
Class
A
391,728
0.1
28,549
Chengdu
Easton
Bio
Pharmaceutical
Co.
Ltd.
-
Class
A
189,060
0.1
244,000
China
Foods
Ltd.
107,390
0.0
127,600
(1)
China
Leon
Inspection
Holding
Ltd.
28,039
0.0
102,000
China
Lilang
Ltd.
45,031
0.0
1,060,000
(1)
China
Union
Holdings
Ltd.
-
Class
A
614,024
0.1
564
China
Yuchai
International
Ltd.
26,598
0.0
12,700
(1)
Colorlight
Cloud
Tech
Ltd.
-
Class
A
85,809
0.0
57,060
Dongguan
Tarry
Electronics
Co.
Ltd.
-
Class
A
404,848
0.1
108,000
Edvantage
Group
Holdings
Ltd.
6,727
0.0
51,500
EEKA
Fashion
Holdings
Ltd.
34,912
0.0
111,072
(1)
Ever
Reach
Group
Holdings
Co.
Ltd.
2,932
0.0
691,406
Fountain
SET
Holdings
Ltd.
54,661
0.0
233,000
Goodbaby
International
Holdings
Ltd.
26,399
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
China
(continued)
122,786
Guangdong
Dongpeng
Holdings
Co.
Ltd.
-
Class
A
$
86,174
0.0
134,600
(1)
Guangdong
Kinlong
Hardware
Products
Co.
Ltd.
-
Class
A
302,460
0.1
38,000
Guangdong
Lingxiao
Pump
Industry
Co.
Ltd.
-
Class
A
91,455
0.0
287,069
Guangdong
Shirongzhaoye
Co.
Ltd.
-
Class
A
181,233
0.1
58,600
Guangdong
Vanward
New
Electric
Co.
Ltd.
-
Class
A
58,155
0.0
64,900
Guangzhou
KDT
Machinery
Group
Co.
Ltd.
-
Class
A
170,690
0.0
76,000
(1)
Hangzhou
Bio-Sincerity
Pharma-Tech
Co.
Ltd.
-
Class
A
425,701
0.1
38,913
Hello
Group,
Inc.,
ADR
233,089
0.1
28,276
(1)
Henan
Jinma
Energy
Co.
Ltd.
-
Class
H
2,101
0.0
95,800
Jiangsu
Shentong
Valve
Co.
Ltd.
-
Class
A
179,942
0.0
129,300
Jingjin
Equipment,
Inc.
-
Class
A
256,945
0.1
298,000
(3)
Jiumaojiu
International
Holdings
Ltd.
46,429
0.0
59,000
Lee
&
Man
Paper
Manufacturing
Ltd.
30,206
0.0
53,009
LexinFintech
Holdings
Ltd.,
ADR
77,393
0.0
24,430
Luster
LightTech
Co.
Ltd.
-
Class
A
154,191
0.0
30,000
(1)(3)
Mobvista,
Inc.
42,808
0.0
38,900
Nanjing
Kangni
Mechanical
&
Electrical
Co.
Ltd.
-
Class
A
33,249
0.0
49,000
NetDragon
Websoft
Holdings
Ltd.
50,363
0.0
1,268,000
Nexteer
Automotive
Group
Ltd.
679,233
0.1
63,932
Novogene
Co.
Ltd.
-
Class
A
120,430
0.0
18,600
Opple
Lighting
Co.
Ltd.
-
Class
A
47,808
0.0
31,758
Pacific
Online
Ltd.
1,046
0.0
94,851
(1)
Road
King
Infrastructure
Ltd.
5,805
0.0
28,553
(1)
Shanghai
Aohua
Photoelectricity
Endoscope
Co.
Ltd.
-
Class
A
115,291
0.0
10,900
Shenzhen
Hongfuhan
Technology
Co.
Ltd.
-
Class
A
149,382
0.0
779,000
Sihuan
Pharmaceutical
Holdings
Group
Ltd.
89,261
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
China
(continued)
321,180
(1)
Tang
Palace
China
Holdings
Ltd.
$
4,095
0.0
557,000
(2)
Tianli
International
Holdings
Ltd.
91,716
0.0
60,623
(1)
Tongda
Group
Holdings
Ltd.
14,842
0.0
140,800
Tongdao
Liepin
Group
38,563
0.0
239,200
Vatti
Corp.
Ltd.
-
Class
A
171,834
0.0
9,714
Viomi
Technology
Co.
Ltd.,
ADR
7,481
0.0
899,000
Wanda
Hotel
Development
Co.
Ltd.
10,618
0.0
58,000
Xianheng
International
Science&Technology
Co.
Ltd.
-
Class
A
115,543
0.0
319,000
(4)
Xiwang
Special
Steel
Co.
Ltd.
—
—
223,800
Yixintang
Pharmaceutical
Group
Co.
Ltd.
-
Class
A
387,162
0.1
119,814
Zengame
Technology
Holding
Ltd.
36,963
0.0
426,800
Zhejiang
Hailide
New
Material
Co.
Ltd.
-
Class
A
338,693
0.1
21,461
Zhejiang
Lante
Optics
Co.
Ltd.
-
Class
A
188,578
0.1
150,300
Zhejiang
Semir
Garment
Co.
Ltd.
-
Class
A
138,408
0.0
37,520
(1)
Zhihu,
Inc.,
ADR
122,690
0.0
7,849,660
1.4
Congo
(Democratic
Republic)
:
0.1%
302,301
(1)
Helios
Towers
PLC
799,856
0.1
Denmark
:
2.8%
31,503
ALK-Abello
A/S
1,077,478
0.2
45,839
(1)
Bavarian
Nordic
A/S
1,256,531
0.2
19,420
(1)
Cadeler
A/S
110,654
0.0
18,660
D/S
Norden
A/S
971,684
0.2
21,282
(1)
Demant
A/S
921,168
0.2
15,925
FLSmidth
&
Co.
A/S
1,195,060
0.2
5,684
H
Lundbeck
A/S
36,365
0.0
40,730
ISS
A/S
1,805,208
0.3
22,184
Jyske
Bank
A/S,
Reg
3,521,162
0.6
156
MT
Hoejgaard
Holding
A/S
6,378
0.0
15,662
(1)(3)
Netcompany
Group
A/S
781,656
0.1
82
North
Media
A/S
583
0.0
16,982
Pandora
A/S
2,126,632
0.4
3,457
Per
Aarsleff
Holding
A/S
385,046
0.1
12,594
Royal
Unibrew
A/S
944,753
0.2
1,323
Skjern
Bank
76,029
0.0
1,488
SP
Group
A/S
109,099
0.0
4,135
Sparekassen
Sjaelland-
Fyn
A/S
267,056
0.0
17,631
(1)
Zealand
Pharma
A/S
828,821
0.1
16,421,363
2.8
Finland
:
0.9%
30
Alandsbanken
Abp
-
Class
B
1,514
0.0
9,890
Anora
Group
Oyj
41,513
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Finland
(continued)
25,026
Cargotec
Oyj
-
Class
B
$
1,700,699
0.3
16,637
Finnair
Oyj
92,398
0.0
1,865
GRK
Infra
Oyj
46,453
0.0
1,291
Kalmar
Oyj
-
Class
B
57,409
0.0
62,774
Konecranes
Oyj
1,958,283
0.4
3,431
Marimekko
Oyj
41,755
0.0
694
Olvi
Oyj
-
Class
A
26,511
0.0
20,414
(2)
Oriola
Oyj
-
Class
B
21,116
0.0
10,956
Orion
Oyj
-
Class
B
1,024,245
0.2
3,584
Pihlajalinna
Oyj
42,486
0.0
39
Ponsse
Oyj
1,049
0.0
3
Relais
Group
Oyj
52
0.0
6,993
Sanoma
Oyj
71,404
0.0
5,505
Scanfil
Oyj
73,003
0.0
3,506
Vaisala
Oyj
-
Class
A
222,329
0.0
5,422,219
0.9
France
:
6.2%
1,967
ABC
arbitrage
11,755
0.0
70,572
(3)
Ayvens
SA
951,150
0.2
4,089
BioMerieux
325,926
0.1
18,623
Canal+
SA
66,248
0.0
13,089
Carmila
SA
255,589
0.1
36,200
Carrefour
SA
664,342
0.1
6,740
Cie
des
Alpes
158,798
0.0
18,230
Covivio
SA/France
1,112,889
0.2
21,348
(1)
Criteo
SA
465,813
0.1
28,661
Derichebourg
SA
308,565
0.1
24,611
Eiffage
SA
3,497,951
0.6
56,975
Elis
SA
1,634,265
0.3
37,173
Etablissements
Maurel
et
Prom
SA
349,667
0.1
29,521
(1)
Euroapi
SA
33,397
0.0
10,911
Exosens
SAS
723,898
0.1
10,938
(1)
Forvia
SE
113,000
0.0
2,152
Gaztransport
Et
Technigaz
SA
486,394
0.1
5,722
GL
Events
208,234
0.0
18,039
Ipsen
SA
3,485,596
0.6
9,215
IPSOS
380,715
0.1
28,622
JCDecaux
SE
749,814
0.1
183,254
Klepierre
SA
8,323,586
1.4
3,166
LISI
SA
232,526
0.0
281,786
Louis
Hachette
Group
572,612
0.1
17,676
Mercialys
SA
245,025
0.0
999
Mersen
SA
43,033
0.0
698
Neurones
30,707
0.0
5,323
Nexans
SA
810,807
0.1
3,568
North
Atlantic
Energies
274,761
0.1
5,916
Opmobility
87,852
0.0
27,163
Rexel
SA
1,127,148
0.2
58
(2)
Robertet
SA
53,395
0.0
13,276
Rubis
SCA
513,218
0.1
22,578
SCOR
SE
893,212
0.2
1,031
Semco
Technologies
SAS
47,859
0.0
11,962
(1)(3)
SMCP
SA
92,140
0.0
492
Societe
LDC
SADIR
64,890
0.0
4,895
Sopra
Steria
Group
SACA
1,039,023
0.2
29,953
SPIE
SA
1,610,895
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
France
(continued)
1,221
Synergie
SE
$
41,536
0.0
11,678
Technip
Energies
NV
403,904
0.1
518
Teleperformance
41,216
0.0
89,396
Valeo
1,546,721
0.3
29,670
Vallourec
SA
715,376
0.1
240
Vetoquinol
SA
20,209
0.0
3,359
Vicat
SACA
254,288
0.0
1,879
Virbac
SA
731,695
0.1
489
(1)
Viridien
52,582
0.0
35,854,222
6.2
Germany
:
4.7%
2,702
Aixtron
SE
113,974
0.0
327
AlzChem
Group
AG
58,280
0.0
21,705
Aroundtown
SA
54,596
0.0
4,880
Atoss
Software
AG
475,412
0.1
4,988
(3)
Aumann
AG
79,952
0.0
1,359
(1)
Aumovio
SE
62,749
0.0
5,324
Aurubis
AG
1,120,287
0.2
15,259
Bechtle
AG
638,984
0.1
316
Bijou
Brigitte
AG
17,522
0.0
8,880
Bilfinger
SE
849,248
0.2
6,523
(1)
CECONOMY
AG
31,998
0.0
810
Cewe
Stiftung
&
Co.
KGaA
89,712
0.0
991
Daldrup
&
Soehne
AG
26,480
0.0
1,053
Dermapharm
Holding
SE
49,799
0.0
125,017
Deutsche
Lufthansa
AG
1,311,807
0.2
315
Deutsche
Rohstoff
AG
29,468
0.0
122,366
(2)
Deutz
AG
1,396,210
0.3
16,145
Duerr
AG
333,359
0.1
17,227
(3)
DWS
Group
GmbH
&
Co.
KGaA
1,453,074
0.3
351
Elmos
Semiconductor
SE
59,313
0.0
1,252
ElringKlinger
AG
6,988
0.0
80,745
Evonik
Industries
AG
1,633,447
0.3
4,047
flatexDEGIRO
AG
170,399
0.0
24,179
Freenet
AG
679,455
0.1
16,738
GEA
Group
AG
1,189,093
0.2
1,611
GRENKE
AG
21,885
0.0
1,761
Hochtief
AG
902,555
0.2
271
Hornbach
Holding
AG
&
Co.
KGaA
26,107
0.0
605
(1)
Hypoport
SE
57,507
0.0
3,043
Indus
Holding
AG
111,561
0.0
376
Innoscripta
SE
31,555
0.0
2,888
(1)
Ionos
SE
105,278
0.0
2,706
KION
Group
AG
122,453
0.0
253
Krones
AG
32,606
0.0
318
MBB
SE
70,815
0.0
47,811
(1)
Nordex
SE
2,136,179
0.4
6,917
Norma
Group
SE
145,849
0.0
540
Pfisterer
Holding
SE
47,470
0.0
1,045
Rational
AG
813,592
0.2
14,083
Salzgitter
AG
843,724
0.2
14,988
(3)
Scout24
SE
1,284,976
0.2
7,655
(1)
SMA
Solar
Technology
AG
469,682
0.1
14,022
SUSS
MicroTec
SE
1,213,869
0.2
78,751
TAG
Immobilien
AG
1,258,391
0.2
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Germany
(continued)
109,631
thyssenkrupp
AG
$
1,538,439
0.3
561
(1)
Tkms
AG&
Co.
KGaA
53,446
0.0
25,649
(1)
Tonies
SE
-
Class
A
365,067
0.1
9,724
(1)
Trivago
NV,
ADR
51,343
0.0
114,557
(2)
TUI
AG
997,710
0.2
1,986
United
Internet
AG,
Reg
54,254
0.0
6,414
(1)
Wacker
Chemie
AG
656,949
0.1
5,351
Wacker
Neuson
SE
135,164
0.0
42,397
(1)(3)
Zalando
SE
1,382,787
0.2
26,862,819
4.7
Greece
:
0.2%
5,080
Danaos
Corp.
719,480
0.1
1,589
Piraeus
Port
Authority
SA
81,132
0.0
29,864
(1)
StealthGas,
Inc.
266,387
0.1
7,911
Thrace
Plastics
Holding
and
Co.
43,332
0.0
11,724
Trade
Estates
Real
Estate
Investment
SA
26,093
0.0
1,136,424
0.2
Guatemala
:
0.2%
8,734
Millicom
International
Cellular
SA
833,922
0.2
Hong
Kong
:
0.5%
44,000
ASMPT
Ltd.
844,341
0.1
224,400
Bank
of
East
Asia
Ltd.
476,689
0.1
204,478
Build
King
Holdings
Ltd.
38,328
0.0
108,000
Cafe
de
Coral
Holdings
Ltd.
76,467
0.0
80,000
Computer
&
Technologies
Holdings
Ltd.
12,547
0.0
1,703
Computime
Group
Ltd.
99
0.0
86,000
(3)
Crystal
International
Group
Ltd.
70,902
0.0
207,600
Dah
Sing
Banking
Group
Ltd.
398,886
0.1
54,000
Dah
Sing
Financial
Holdings
Ltd.
343,051
0.1
232,000
(1)
Hop
Fung
Group
Holdings
Ltd.
4,585
0.0
261,000
Hutchison
Port
Holdings
Trust
-
Class
U
50,373
0.0
159,787
Johnson
Electric
Holdings
Ltd.
379,048
0.1
90,000
Lee's
Pharmaceutical
Holdings
Ltd.
12,308
0.0
33,822
Lung
Kee
Bermuda
Holdings
6,340
0.0
223,367
Midland
Holdings
Ltd.
64,300
0.0
99,000
Modern
Dental
Group
Ltd.
97,085
0.0
1,211,244
Singamas
Container
Holdings
Ltd.
69,502
0.0
222,000
(1)
Skyworth
Group
Ltd.
123,624
0.0
31,565
Sun
Hung
Kai
&
Co.
Ltd.
16,583
0.0
175,138
Vedan
International
Holdings
Ltd.
15,856
0.0
15,840
(1)
Wai
Kee
Holdings
Ltd.
1,858
0.0
3,102,772
0.5
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Hungary
:
0.0%
34,630
Opus
Global
Nyrt
$
39,184
0.0
India
:
0.0%
48,727
Gateway
Distriparks
Ltd.
29,602
0.0
25,620
(4)
Geodesic
Ltd.
—
—
6,832
Great
Eastern
Shipping
Co.
Ltd.
96,665
0.0
21,379
(4)
Varun
Industries
Ltd.
—
—
2,046
(1)
Venus
Remedies
Ltd.
33,981
0.0
160,248
0.0
Indonesia
:
0.1%
1,323,800
Bank
Pembangunan
Daerah
Jawa
Timur
Tbk
PT
38,232
0.0
516,800
(1)
Bank
Tabungan
Negara
Persero
Tbk
PT
34,801
0.0
50,700
Bumitama
Agri
Ltd.
64,835
0.0
406,900
(1)
Champ
Resto
Indonesia
Tbk
PT
5,699
0.0
141,800
First
Resources
Ltd.
374,831
0.1
375,700
Golden
Agri-Resources
Ltd.
83,492
0.0
527,300
IMC
Pelita
Logistik
Tbk
PT
9,319
0.0
503,300
Indonesia
Kendaraan
Terminal
Tbk
PT
32,166
0.0
24,432
(1)
Indo-Rama
Synthetics
Tbk
PT
3,123
0.0
2,860,600
(1)
Media
Nusantara
Citra
Tbk
PT
33,342
0.0
137,166
(1)
Nickel
Industries
Ltd.
78,154
0.0
757,994
0.1
Ireland
:
0.5%
10,540
(1)
Amarin
Corp.
PLC,
ADR
150,300
0.1
438,890
Cairn
Homes
PLC
1,235,604
0.2
37,331
Glanbia
PLC
991,074
0.2
52,014
(1)(3)
Glenveagh
Properties
PLC
143,779
0.0
17,778
Origin
Enterprises
PLC
85,078
0.0
2,605,835
0.5
Israel
:
1.1%
20,186
(1)
Allot
Ltd.
153,615
0.0
3,236
(2)
Analyst
IMS
Investment
Management
Services
Ltd.
152,700
0.0
1,751
Automatic
Bank
Services
Ltd.
12,758
0.0
5,270
(4)
B
Communications
Ltd.
—
—
101,233
Bezeq
The
Israeli
Telecommunication
Corp.
Ltd.
242,557
0.1
344
Blue
Square
Real
Estate
Ltd.
36,156
0.0
9,834
(1)
Brainsway
Ltd.,
ADR
149,772
0.0
1,283
(1)(2)
Camtek
Ltd./Israel
169,946
0.0
62,556
(1)
Cognyte
Software
Ltd.
559,251
0.1
1,360
Delek
Group
Ltd.
35,904
0.0
29,694
El
Al
Israel
Airlines
131,856
0.0
1,097
(1)
Etoro
Group
Ltd.
-
Class
A
39,130
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Israel
(continued)
2,356
Formula
Systems
1985
Ltd.
$
248,450
0.1
1,871
(1)
Gilat
Satellite
Networks
Ltd.
20,675
0.0
6,056
(1)
Global-e
Online
Ltd.
238,061
0.1
8,788
Ituran
Location
and
Control
Ltd.
484,746
0.1
11,142
Max
Stock
Ltd.
127,064
0.0
854
Mega
Or
Holdings
Ltd.
138,705
0.0
431
(1)
Neto
ME
Holdings
Ltd.
31,022
0.0
616
Next
Vision
Stabilized
Systems
Ltd.
47,865
0.0
31,135
(1)
Nexxen
International
Ltd.
320,068
0.1
3,099
One
Software
Technologies
Ltd.
66,449
0.0
17,629
(1)
Radware
Ltd.
461,703
0.1
33,724
Sella
Capital
Real
Estate
Ltd.
97,244
0.0
8,892
(1)
SimilarWeb
Ltd.
63,756
0.0
451,156
(1)
Taboola.com
Ltd.
2,260,292
0.4
2,294
Tel
Aviv
Stock
Exchange
Ltd.
88,358
0.0
3,721
ZIM
Integrated
Shipping
Services
Ltd.
93,732
0.0
6,471,835
1.1
Italy
:
2.6%
12,681
A2A
SpA
33,125
0.0
38,657
Ascopiave
SpA
119,913
0.0
5,271
(2)
Avio
SpA
177,312
0.0
33,494
Azimut
Holding
SpA
1,422,658
0.3
20,030
Banca
Generali
SpA
1,513,209
0.3
1,110
Brunello
Cucinelli
SpA
113,198
0.0
610
Cembre
SpA
57,556
0.0
135,364
(1)
CIR
SpA-Compagnie
Industriali
112,232
0.0
9,043
Credito
Emiliano
SpA
198,852
0.0
68,618
d'Amico
International
Shipping
SA
571,685
0.1
6,422
Danieli
&
C
Officine
Meccaniche
SpA
330,186
0.1
31,883
De'
Longhi
SpA
1,496,566
0.3
3,484
(1)(2)
Digital
Bros
SpA
51,428
0.0
13,709
El.En.
SpA
245,665
0.1
18,326
(3)
Enav
SpA
107,025
0.0
10,022
Fiera
Milano
SpA
97,561
0.0
5,820
(2)
Fine
Foods
&
Pharmaceuticals
NTM
55,570
0.0
417,643
Iren
SpA
1,214,587
0.2
56,432
Lottomatica
Group
SpA
1,525,592
0.3
87,792
Maire
Tecnimont
SpA
1,311,998
0.2
3,454
(1)
NewPrinces
SpA
63,946
0.0
22,988
(2)(3)
Nexi
SpA
112,662
0.0
8,287
Orsero
SpA
154,098
0.0
196,460
(3)
OVS
SpA
1,420,201
0.3
8,355
Piquadro
SpA
29,676
0.0
7,335
(3)
Pirelli
&
C
SpA
55,875
0.0
11,565
PLC
SpA
41,075
0.0
8,040
Reply
SpA
1,020,292
0.2
42,948
(1)
Safilo
Group
SpA
81,816
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Italy
(continued)
21,740
(2)
Saipem
SpA
$
105,470
0.0
320
Sesa
SpA
34,180
0.0
22
(1)
Somec
SpA
579
0.0
38,258
(3)
Technogym
SpA
598,565
0.1
1,812
(1)
Technoprobe
SpA
57,960
0.0
559,577
(1)
Tesmec
SpA
216,018
0.1
14,748,331
2.6
Ivory
Coast
:
0.3%
37,014
Endeavour
Mining
PLC-CAD
1,751,620
0.3
3,109
Endeavour
Mining
PLC-GBP
148,316
0.0
1,899,936
0.3
Japan
:
22.8%
10,700
A&D
HOLON
Holdings
Co.
Ltd.
198,885
0.0
3,100
AB&Company
Co.
Ltd.
26,550
0.0
2,174
(2)
ABHotel
Co.
Ltd.
19,331
0.0
7,400
(1)
Access
Co.
Ltd.
15,879
0.0
3,000
Achilles
Corp.
24,205
0.0
27,200
Adastria
Co.
Ltd.
577,832
0.1
3,600
Ad-sol
Nissin
Corp.
33,945
0.0
5,800
Adways,
Inc.
11,480
0.0
15,200
AEON
Financial
Service
Co.
Ltd.
149,449
0.0
26,800
Aichi
Financial
Group,
Inc.
288,886
0.1
3,300
Aichi
Steel
Corp.
60,546
0.0
786
Aichi
Tokei
Denki
Co.
Ltd.
13,729
0.0
7,900
Aida
Engineering
Ltd.
58,739
0.0
10,600
Aidma
Holdings,
Inc.
62,691
0.0
1,000
Aiphone
Co.
Ltd.
17,645
0.0
3,400
Airtrip
Corp.
18,933
0.0
2,700
AIT
Corp.
39,779
0.0
2,900
Akatsuki,
Inc.
55,385
0.0
4,400
Akita
Bank
Ltd.
198,539
0.0
39,800
(2)
Allied
Telesis
Holdings
KK
58,122
0.0
1,200
Alpha
Systems,
Inc.
24,719
0.0
3,800
AlphaPolis
Co.
Ltd.
25,252
0.0
34,700
Alps
Alpine
Co.
Ltd.
475,319
0.1
2,900
Amiyaki
Tei
Co.
Ltd.
24,728
0.0
9,600
Anest
Iwata
Corp.
107,917
0.0
94,800
Anritsu
Corp.
2,071,874
0.4
5,900
AOKI
Holdings,
Inc.
63,747
0.0
5,500
Aozora
Bank
Ltd.
104,366
0.0
3,400
Arakawa
Chemical
Industries
Ltd.
38,265
0.0
1,600
Arata
Corp.
26,188
0.0
4,000
Argo
Graphics,
Inc.
34,140
0.0
2,900
Artience
Co.
Ltd.
80,344
0.0
23,400
Artner
Co.
Ltd.
139,597
0.0
4,100
Asahi
Co.
Ltd.
34,970
0.0
45,000
Asahi
Intecc
Co.
Ltd.
1,015,251
0.2
15,300
Ascentech
KK
40,033
0.0
1,400
ASKA
Pharmaceutical
Holdings
Co.
Ltd.
18,778
0.0
13,000
Astena
Holdings
Co.
Ltd.
41,017
0.0
12,500
Atrae,
Inc.
67,406
0.0
29,100
Aucnet,
Inc.
242,453
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
1,400
Aval
Data
Corp.
$
27,129
0.0
16,600
Avant
Group
Corp.
131,822
0.0
6,700
Avex,
Inc.
55,489
0.0
9,200
Awa
Bank
Ltd.
474,992
0.1
80,600
Azbil
Corp.
834,615
0.2
10,300
Bando
Chemical
Industries
Ltd.
155,391
0.0
6,000
Bank
of
Iwate
Ltd.
80,241
0.0
2,100
Bank
of
Nagoya
Ltd.
84,751
0.0
4,600
Bank
of
Saga
Ltd.
160,000
0.0
8,600
Bank
of
the
Ryukyus
Ltd.
157,131
0.0
27,000
BayCurrent
Consulting,
Inc.
1,217,811
0.2
1,500
Bell-Park
Co.
Ltd.
27,126
0.0
29,800
BIPROGY,
Inc.
914,485
0.2
2,700
BML,
Inc.
60,559
0.0
4,100
Brother
Industries
Ltd.
102,103
0.0
4,100
Bunka
Shutter
Co.
Ltd.
48,736
0.0
30,500
Bushiroad,
Inc.
71,520
0.0
15,600
Business
Brain
Showa-
Ota,
Inc.
101,055
0.0
2,200
Careerlink
Co.
Ltd.
32,546
0.0
11,800
Casio
Computer
Co.
Ltd.
129,664
0.0
12,500
Central
Automotive
Products
Ltd.
160,576
0.0
6,500
Central
Glass
Co.
Ltd.
160,829
0.0
1,500
Central
Security
Patrols
Co.
Ltd.
26,217
0.0
1,700
Central
Sports
Co.
Ltd.
25,945
0.0
5,800
Change
Holdings,
Inc.
34,865
0.0
1,300
Chiyoda
Integre
Co.
Ltd.
26,503
0.0
15,100
Chubu
Shiryo
Co.
Ltd.
178,634
0.0
4,000
Chuetsu
Pulp
&
Paper
Co.
Ltd.
52,358
0.0
1,100
Chugai
Ro
Co.
Ltd.
26,462
0.0
2,700
Chugin
Financial
Group,
Inc.
55,635
0.0
42,800
Chugoku
Electric
Power
Co.,
Inc.
250,819
0.1
10,500
Citizen
Watch
Co.
Ltd.
139,003
0.0
34,100
CKD
Corp.
1,244,406
0.2
1,500
CMC
Corp.
17,774
0.0
4,300
Cosmo
Energy
Holdings
Co.
Ltd.
107,006
0.0
60,400
Credit
Saison
Co.
Ltd.
1,710,965
0.3
6,600
Creek
&
River
Co.
Ltd.
59,692
0.0
7,700
CTS
Co.
Ltd.
40,634
0.0
54,500
Curves
Holdings
Co.
Ltd.
327,146
0.1
130,600
CyberAgent,
Inc.
1,193,202
0.2
2,400
Cybertrust
Japan
Co.
Ltd.
18,591
0.0
11,700
(2)
Cybozu,
Inc.
200,366
0.1
10,700
Daihatsu
Diesel
Manufacturing
Co.
Ltd.
182,828
0.0
5,700
Daihen
Corp.
476,924
0.1
7,600
Dai-Ichi
Cutter
Kogyo
KK
66,353
0.0
2,400
Daiichi
Jitsugyo
Co.
Ltd.
47,630
0.0
5,600
Dainichiseika
Color
&
Chemicals
Manufacturing
Co.
Ltd.
38,871
0.0
9,300
Daio
Paper
Corp.
57,881
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
5,400
Daito
Pharmaceutical
Co.
Ltd.
$
42,314
0.0
11,430
Daitron
Co.
Ltd.
233,601
0.1
2,400
Daiwa
Industries
Ltd.
25,874
0.0
2,900
Densan
Co.
Ltd.
47,082
0.0
4,600
(1)
Dentsu
Group,
Inc.
102,068
0.0
700
Digital
Arts,
Inc.
17,878
0.0
6,600
Digital
Hearts
Holdings
Co.
Ltd.
31,048
0.0
4,200
Digital
Information
Technologies
Corp.
24,942
0.0
9,900
Doshisha
Co.
Ltd.
184,833
0.0
6,300
Double
Standard,
Inc.
49,609
0.0
16,000
Doutor
Nichires
Holdings
Co.
Ltd.
320,983
0.1
89,528
DTS
Corp.
651,111
0.1
5,200
Earth
Corp.
154,590
0.0
6,600
Ebase
Co.
Ltd.
17,540
0.0
3,600
Ehime
Bank
Ltd.
62,203
0.0
5,600
Eiken
Chemical
Co.
Ltd.
75,262
0.0
6,200
Elan
Corp.
29,842
0.0
22,100
Elecom
Co.
Ltd.
257,152
0.1
2,800
Electric
Power
Development
Co.
Ltd.
66,238
0.0
22,700
en
Japan,
Inc.
182,571
0.0
1,400
Enomoto
Co.
Ltd.
20,396
0.0
4,700
Entrust,
Inc.
33,071
0.0
4,400
eSOL
Co.
Ltd.
19,574
0.0
7,300
Feed
One
Co.
Ltd.
58,703
0.0
1,300
Ferrotec
Corp.
65,571
0.0
5,100
Fibergate,
Inc./Japan
25,036
0.0
4,900
FINDEX,
Inc.
25,848
0.0
13,600
First
Bank
of
Toyama
Ltd.
245,507
0.1
37,800
Food
&
Life
Cos.
Ltd.
1,319,729
0.2
10,600
Foster
Electric
Co.
Ltd.
187,639
0.0
2,100
Freebit
Co.
Ltd.
20,501
0.0
38,200
Fuji
Corp./Aichi
1,706,636
0.3
7,900
Fuji
Pharma
Co.
Ltd.
91,788
0.0
5,000
Fuji
Seal
International,
Inc.
94,197
0.0
7,900
Fujikura
Kasei
Co.
Ltd.
42,513
0.0
2,100
Fujimi,
Inc.
49,156
0.0
46,000
Fujimori
Kogyo
Co.
Ltd.
386,675
0.1
2,200
Fukuda
Denshi
Co.
Ltd.
156,202
0.0
3,000
Fukushima
Galilei
Co.
Ltd.
64,701
0.0
2,900
Fukuyama
Transporting
Co.
Ltd.
108,088
0.0
19,400
Furyu
Corp.
168,176
0.0
5,200
Fuso
Pharmaceutical
Industries
Ltd.
70,751
0.0
10,100
Futaba
Industrial
Co.
Ltd.
65,198
0.0
9,800
Future
Corp.
150,975
0.0
13,200
Gakken
Holdings
Co.
Ltd.
84,102
0.0
3,184
(2)
Gamecard-Joyco
Holdings,
Inc.
52,634
0.0
3,200
Gecoss
Corp.
34,854
0.0
661
Global
One
Real
Estate
Investment
Corp.
464,428
0.1
1,600
GLOBERIDE,
Inc.
25,525
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
34,900
Glory
Ltd.
$
992,153
0.2
1,119
GLP
J-Reit
1,016,895
0.2
1,500
(2)
GMO
GlobalSign
Holdings
KK
21,430
0.0
4,800
GMO
internet
group,
Inc.
128,144
0.0
12,800
Greens
Co.
Ltd.
176,632
0.0
1,500
grems,
Inc.
24,155
0.0
44,000
GS
Yuasa
Corp.
1,481,784
0.3
13,900
GungHo
Online
Entertainment,
Inc.
211,686
0.1
61,600
H2O
Retailing
Corp.
1,102,020
0.2
17,600
Hachijuni
Nagano
Bank
Ltd.
273,469
0.1
14,100
Hakuhodo
DY
Holdings,
Inc.
115,076
0.0
2,200
Hakuto
Co.
Ltd.
67,832
0.0
11,800
Halows
Co.
Ltd.
283,498
0.1
116
Hankyu
Hanshin
REIT,
Inc.
104,989
0.0
4,600
Happinet
Corp.
95,221
0.0
4,000
Hazama
Ando
Corp.
45,573
0.0
7,200
Heiwa
Corp.
96,435
0.0
12,900
Hennge
KK
105,596
0.0
4,600
Hioki
EE
Corp.
318,482
0.1
2,300
Hirano
Tecseed
Co.
Ltd./
Kinzoku
23,138
0.0
11,000
Hirata
Corp.
192,471
0.0
2,000
Hitachi
Construction
Machinery
Co.
Ltd.
66,661
0.0
9,100
Hochiki
Corp.
108,786
0.0
6,200
Hodogaya
Chemical
Co.
Ltd.
79,055
0.0
1,500
Hokuriku
Electric
Industry
Co.
Ltd.
21,936
0.0
8,700
Hokuriku
Electric
Power
Co.
52,065
0.0
1,800
Hokuryo
Co.
Ltd./
Hokkaido
22,721
0.0
7,600
H-One
Co.
Ltd.
73,238
0.0
9,500
Horiba
Ltd.
1,491,038
0.3
2,100
Human
Technologies,
Inc./Tokyo
22,440
0.0
39,000
Hyakugo
Bank
Ltd.
487,531
0.1
48,000
Hyakujushi
Bank
Ltd.
845,752
0.2
8,100
Ibiden
Co.
Ltd.
810,347
0.2
13,200
IBJ,
Inc.
68,215
0.0
2,000
Ichiken
Co.
Ltd.
32,935
0.0
19,100
Ichikoh
Industries
Ltd.
63,067
0.0
6,200
ID
Holdings
Corp.
39,568
0.0
2,400
Idec
Corp./Japan
52,660
0.0
4,100
Iino
Kaiun
Kaisha
Ltd.
38,019
0.0
5,100
Inaba
Seisakusho
Co.
Ltd.
54,479
0.0
2,200
Inabata
&
Co.
Ltd.
54,407
0.0
94,800
INFRONEER
Holdings,
Inc.
1,533,730
0.3
5,900
Insource
Co.
Ltd.
27,960
0.0
377
ISB
Corp.
5,577
0.0
10,600
Iseki
&
Co.
Ltd.
121,864
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
1,500
Isetan
Mitsukoshi
Holdings
Ltd.
$
33,479
0.0
1,700
Ishihara
Chemical
Co.
Ltd.
30,629
0.0
2,800
Itochu
Enex
Co.
Ltd.
37,979
0.0
6,200
IwaiCosmo
Holdings,
Inc.
161,607
0.0
3,100
Iyogin
Holdings,
Inc.
69,748
0.0
26,400
Izumi
Co.
Ltd.
165,777
0.0
44,400
J
Trust
Co.
Ltd.
226,120
0.1
30,300
JAC
Recruitment
Co.
Ltd.
179,422
0.0
19,300
Japan
Airlines
Co.
Ltd.
355,980
0.1
9,700
Japan
Aviation
Electronics
Industry
Ltd.
143,125
0.0
10,400
Japan
Cash
Machine
Co.
Ltd.
73,513
0.0
49,200
Japan
Lifeline
Co.
Ltd.
484,516
0.1
16,500
(2)
Japan
Medical
Dynamic
Marketing,
Inc.
89,400
0.0
12,600
Japan
System
Techniques
Co.
Ltd.
147,843
0.0
13,600
JBCC
Holdings,
Inc.
137,941
0.0
3,300
JCU
Corp.
120,013
0.0
5,100
Jeol
Ltd.
258,911
0.1
6,600
JK
Holdings
Co.
Ltd.
57,165
0.0
9,100
Joshin
Denki
Co.
Ltd.
224,533
0.1
5,500
J-Stream,
Inc.
12,288
0.0
29,200
JTEKT
Corp.
399,842
0.1
17,900
Juki
Corp.
57,982
0.0
72,000
Juroku
Financial
Group,
Inc.
1,056,754
0.2
5,500
Justsystems
Corp.
139,548
0.0
400
JUTEC
Holdings
Corp.
3,432
0.0
900
Kaga
Electronics
Co.
Ltd.
26,139
0.0
3,243
Kamei
Corp.
78,587
0.0
13,000
Kanamoto
Co.
Ltd.
423,525
0.1
44,900
Kandenko
Co.
Ltd.
1,493,466
0.3
33,400
Kaneka
Corp.
1,188,249
0.2
14,400
KAWADA
TECHNOLOGIES,
Inc.
113,531
0.0
8,500
KEIWA,
Inc.
65,485
0.0
31,400
Keiyo
Bank
Ltd.
514,321
0.1
265
Kenedix
Office
Investment
Corp.
258,999
0.1
3,000
Kenko
Mayonnaise
Co.
Ltd.
38,411
0.0
692
KFC
Ltd.
6,931
0.0
25,400
Kinden
Corp.
1,117,814
0.2
1,179
Kitagawa
Corp.
12,109
0.0
5,300
Kita-Nippon
Bank
Ltd.
219,254
0.1
11,100
Kitz
Corp.
150,699
0.0
2,000
KNT-CT
Holdings
Co.
Ltd.
23,974
0.0
11,300
Koa
Corp.
155,050
0.0
7,300
Kobe
Steel
Ltd.
94,486
0.0
4,000
(2)
Koike
Sanso
Kogyo
Co.
Ltd.
38,072
0.0
2,400
Kokusai
Electric
Corp.
108,035
0.0
7,900
Komeri
Co.
Ltd.
191,147
0.0
4,500
Komori
Corp.
52,259
0.0
212,800
Konica
Minolta,
Inc.
777,492
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
3,300
Konoike
Transport
Co.
Ltd.
$
61,712
0.0
4,400
Konoshima
Chemical
Co.
Ltd.
43,401
0.0
3,700
KPP
Group
Holdings
Co.
Ltd.
25,640
0.0
14,300
K's
Holdings
Corp.
169,389
0.0
14,700
Kumiai
Chemical
Industry
Co.
Ltd.
67,484
0.0
3,100
Kuriyama
Holdings
Corp.
31,855
0.0
3,100
Kyokuto
Boeki
Kaisha
Ltd.
34,373
0.0
6,700
KYORIN
Holdings,
Inc.
47,935
0.0
10,000
Kyoto
Financial
Group,
Inc.
275,640
0.1
83,200
Kyushu
Electric
Power
Co.,
Inc.
921,775
0.2
5,100
Kyushu
Leasing
Service
Co.
Ltd.
50,377
0.0
10,000
Kyushu
Railway
Co.
225,657
0.1
12,400
LEC,
Inc.
75,089
0.0
24,500
Leopalace21
Corp.
103,653
0.0
8,700
Life
Corp.
140,893
0.0
148,600
LIFULL
Co.
Ltd.
188,561
0.0
3,100
Lintec
Corp.
118,839
0.0
2,000
Look
Holdings,
Inc.
32,545
0.0
9,500
M&A
Capital
Partners
Co.
Ltd.
230,410
0.1
1,500
Makiya
Co.
Ltd.
12,771
0.0
6,500
Mani,
Inc.
61,278
0.0
1,600
MarkLines
Co.
Ltd.
13,474
0.0
3,900
Marufuji
Sheet
Piling
Co.
Ltd.
23,354
0.0
11,200
Maruzen
CHI
Holdings
Co.
Ltd.
25,563
0.0
22,200
Marvelous,
Inc.
64,984
0.0
4,300
Matching
Service
Japan
Co.
Ltd.
26,711
0.0
11,200
Matsuoka
Corp.
172,428
0.0
5,600
Max
Co.
Ltd.
64,199
0.0
21,300
Maxell
Ltd.
273,847
0.1
23,600
Mazda
Motor
Corp.
172,058
0.0
271,200
Mebuki
Financial
Group,
Inc.
2,512,936
0.4
7,000
MEC
Co.
Ltd.
363,321
0.1
13,700
Media
Do
Co.
Ltd.
110,905
0.0
2,300
Megmilk
Snow
Brand
Co.
Ltd.
54,219
0.0
30,400
Meidensha
Corp.
1,792,359
0.3
2,100
Meiji
Electric
Industries
Co.
Ltd.
28,822
0.0
9,800
MEIJI
Holdings
Co.
Ltd.
233,382
0.1
19,100
MEITEC
Group
Holdings,
Inc.
399,805
0.1
9,400
Melco
Holdings,
Inc.
161,340
0.0
13,300
Members
Co.
Ltd.
73,917
0.0
9,600
(2)
Mitani
Sangyo
Co.
Ltd.
41,796
0.0
2,200
Mitsubishi
Materials
Corp.
57,100
0.0
5,900
Mitsubishi
Steel
Manufacturing
Co.
Ltd.
80,007
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
7,700
Mitsui
Chemicals,
Inc.
$
101,238
0.0
2,600
Mitsui
DM
Sugar
Co.
Ltd.
55,962
0.0
25,800
Mitsui
E&S
Co.
Ltd.
778,111
0.2
5,400
Mitsui
High-Tec,
Inc.
30,177
0.0
10,000
Mitsui
Mining
&
Smelting
Co.
Ltd.
1,882,732
0.3
13,700
Miyazaki
Bank
Ltd.
199,139
0.0
5,400
Mizuno
Corp.
124,529
0.0
2,000
MORESCO
Corp.
26,905
0.0
116,500
Morinaga
Milk
Industry
Co.
Ltd.
872,075
0.2
1,400
Moriroku
Holdings
Co.
Ltd.
21,975
0.0
9,000
Morita
Holdings
Corp.
141,639
0.0
1,000
(1)
Movin
Strategic
Career
Co.
Ltd.
21,514
0.0
5,800
m-up
Holdings,
Inc.
28,862
0.0
1,675
Murakami
Corp.
69,798
0.0
35,700
Musashino
Bank
Ltd.
569,644
0.1
3,700
Muto
Seiko
Co.
52,704
0.0
27,400
Nabtesco
Corp.
787,557
0.2
15,000
Nachi-Fujikoshi
Corp.
507,275
0.1
29,900
Nagase
&
Co.
Ltd.
210,893
0.1
11,300
Nagoya
Railroad
Co.
Ltd.
134,326
0.0
19,600
Nakanishi,
Inc.
372,474
0.1
10,287
Nakano
Corp./Tokyo
85,248
0.0
56,000
Nanto
Bank
Ltd.
597,984
0.1
2,400
Nanyo
Corp.
29,298
0.0
2,900
NEOJAPAN,
Inc.
29,770
0.0
1,000
New
Cosmos
Electric
Co.
Ltd.
29,258
0.0
41,300
Nextage
Co.
Ltd.
860,610
0.2
13,200
NGK
Insulators
Ltd.
451,630
0.1
62,300
NHK
Spring
Co.
Ltd.
1,381,164
0.3
3,000
Nicca
Chemical
Co.
Ltd.
37,604
0.0
5,200
Nichiban
Co.
Ltd.
63,471
0.0
23,600
Nichicon
Corp.
419,392
0.1
1,600
Nihon
Falcom
Corp.
27,055
0.0
34,300
Nihon
Kohden
Corp.
341,510
0.1
2,524
Nihon
Trim
Co.
Ltd.
75,318
0.0
3,600
Nippn
Corp.
63,444
0.0
2,900
Nippon
Carbide
Industries
Co.,
Inc.
57,615
0.0
28,600
Nippon
Electric
Glass
Co.
Ltd.
942,161
0.2
4,500
Nippon
Express
Holdings,
Inc.
148,514
0.0
34,300
Nippon
Kayaku
Co.
Ltd.
412,187
0.1
10,900
Nippon
Light
Metal
Holdings
Co.
Ltd.
183,361
0.0
28,400
Nippon
Paper
Industries
Co.
Ltd.
244,589
0.1
409
NIPPON
REIT
Investment
Corp.
215,110
0.1
4,000
Nippon
Sharyo
Ltd.
84,198
0.0
21,500
(1)
Nippon
Sheet
Glass
Co.
Ltd.
64,413
0.0
65,900
Nippon
Shinyaku
Co.
Ltd.
1,401,739
0.3
29,200
Nipro
Corp.
297,886
0.1
66,878
Niraku
GC
Holdings,
Inc.
1,569
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
7,000
Nishi-Nippon
Financial
Holdings,
Inc.
$
184,995
0.0
6,900
Nishio
Holdings
Co.
Ltd.
185,093
0.0
26,900
Nissan
Chemical
Corp.
1,250,382
0.2
54,818
Nissan
Tokyo
Sales
Holdings
Co.
Ltd.
186,686
0.0
1,800
Nissei
ASB
Machine
Co.
Ltd.
101,170
0.0
7,300
Nissha
Co.
Ltd.
60,133
0.0
8,531
Nisshin
Group
Holdings
Co.
Ltd.
35,668
0.0
62,600
Nisshinbo
Holdings,
Inc.
841,058
0.2
13,900
Nisso
Holdings
Co.
Ltd.
54,207
0.0
137,800
Nissui
Corp.
1,086,631
0.2
42,200
Nitto
Boseki
Co.
Ltd.
724,795
0.1
8,800
Nitto
Kogyo
Corp.
237,363
0.1
13,000
Nitto
Seiko
Co.
Ltd.
63,668
0.0
3,900
Nittoc
Construction
Co.
Ltd.
27,849
0.0
17,700
Nomura
Co.
Ltd.
129,506
0.0
2,400
Noritake
Co.
Ltd.
50,398
0.0
12,500
Noritsu
Koki
Co.
Ltd.
152,047
0.0
10,200
Noritz
Corp.
151,757
0.0
11,900
North
Pacific
Bank
Ltd.
85,317
0.0
4,300
NS
Tool
Co.
Ltd.
25,871
0.0
14,600
NSD
Co.
Ltd.
260,838
0.1
67,300
NSK
Ltd.
479,374
0.1
2,100
NSW,
Inc./Japan
32,828
0.0
222,300
NTN
Corp.
537,443
0.1
1,100
NTT
Data
Intramart
Corp.
21,952
0.0
2,500
(2)
Odawara
Engineering
Co.
Ltd.
34,695
0.0
10,900
Ogaki
Kyoritsu
Bank
Ltd.
485,112
0.1
3,100
Ohara,
Inc.
27,713
0.0
1,600
OIE
Sangyo
Co.
Ltd.
24,852
0.0
16,900
Oita
Bank
Ltd.
268,815
0.1
14,300
Okabe
Co.
Ltd.
82,288
0.0
11,300
Okamura
Corp.
164,959
0.0
6,000
Oki
Electric
Industry
Co.
Ltd.
101,347
0.0
6,400
Okinawa
Financial
Group,
Inc.
291,388
0.1
3,100
OKUMA
Corp.
94,680
0.0
2,000
One
Career,
Inc.
26,539
0.0
14,000
Ono
Pharmaceutical
Co.
Ltd.
209,230
0.1
4,200
Onoken
Co.
Ltd.
37,780
0.0
37,200
Onward
Holdings
Co.
Ltd.
177,747
0.0
19,800
Open
House
Group
Co.
Ltd.
1,052,125
0.2
9,000
Open
Up
Group,
Inc.
113,583
0.0
6,400
Optex
Group
Co.
Ltd.
136,923
0.0
4,700
(1)
Optim
Corp.
12,080
0.0
18,600
Optorun
Co.
Ltd.
340,425
0.1
7,800
Oro
Co.
Ltd.
108,003
0.0
8,100
Osaka
Organic
Chemical
Industry
Ltd.
226,088
0.1
3,600
Pack
Corp.
32,655
0.0
4,700
Park24
Co.
Ltd.
58,173
0.0
16,000
Parker
Corp.
156,750
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
2,200
PCA
Corp.
$
19,754
0.0
5,700
Pegasus
Co.
Ltd.
18,556
0.0
47,700
PHC
Holdings
Corp.
329,512
0.1
6,000
PIA
Corp.
106,788
0.0
9,700
Pigeon
Corp.
122,943
0.0
52,200
Pilot
Corp.
592,915
0.1
4,700
Plus
Alpha
Consulting
Co.
Ltd.
67,721
0.0
10,900
Pole
To
Win
Holdings,
Inc.
22,697
0.0
2,100
PR
Times
Corp.
27,509
0.0
56,100
Prestige
International,
Inc.
249,416
0.1
8,128
Procrea
Holdings,
Inc.
202,247
0.1
100
Pronexus,
Inc.
743
0.0
16,900
Properst
Co.
Ltd.
29,259
0.0
12,300
Raito
Kogyo
Co.
Ltd.
289,787
0.1
10,300
Rakus
Co.
Ltd.
69,562
0.0
67,200
Resorttrust,
Inc.
753,721
0.1
32,900
Ricoh
Co.
Ltd.
322,847
0.1
1,500
Riken
Keiki
Co.
Ltd.
32,413
0.0
7,500
Riken
Technos
Corp.
103,195
0.0
3,300
Riken
Vitamin
Co.
Ltd.
66,435
0.0
8,200
Riso
Kagaku
Corp.
53,670
0.0
6,900
Rohm
Co.
Ltd.
182,964
0.0
2,600
Rohto
Pharmaceutical
Co.
Ltd.
38,938
0.0
5,400
Round
One
Corp.
41,032
0.0
1,000
Saison
Information
Systems
Co.
Ltd.
12,930
0.0
209
Samty
Residential
Investment
Corp.
119,835
0.0
29,500
San
ju
San
Financial
Group,
Inc.
348,900
0.1
5,900
San-Ai
Obbli
Co.
Ltd.
85,810
0.0
12,300
Sanki
Engineering
Co.
Ltd.
174,963
0.0
25,400
Sanko
Gosei
Ltd.
153,764
0.0
11,300
Sanko
Metal
Industrial
Co.
Ltd.
89,931
0.0
2,138
Sankyo
Frontier
Co.
Ltd.
30,913
0.0
14,600
Sankyu,
Inc.
863,631
0.2
22,600
Sansan,
Inc.
287,232
0.1
3,600
Sansei
Technologies,
Inc.
52,578
0.0
18,100
Sansha
Electric
Manufacturing
Co.
Ltd.
125,058
0.0
68,400
Santen
Pharmaceutical
Co.
Ltd.
807,545
0.2
3,200
Sanyo
Chemical
Industries
Ltd.
96,857
0.0
2,100
Sanyo
Denki
Co.
Ltd.
71,090
0.0
2,700
Sanyo
Engineering
&
Construction,
Inc.
24,379
0.0
15,000
Sato
Corp.
229,180
0.1
33,500
Sawai
Group
Holdings
Co.
Ltd.
346,031
0.1
4,300
Saxa
Holdings,
Inc.
54,519
0.0
20,700
SBI
Global
Asset
Management
Co.
Ltd.
80,539
0.0
1,700
SBS
Holdings,
Inc.
47,373
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
12,900
Scroll
Corp.
$
137,447
0.0
12,700
(2)
Seed
Co.
Ltd./Tokyo
42,605
0.0
2,200
Seiko
Group
Corp.
107,565
0.0
554
Sekisui
House
Reit,
Inc.
263,483
0.1
34,100
Sekisui
Kasei
Co.
Ltd.
112,296
0.0
2,100
SEMITEC
Corp.
26,137
0.0
1,500
Senshu
Electric
Co.
Ltd.
56,850
0.0
16,300
SERAKU
Co.
Ltd.
135,843
0.0
42,100
Seria
Co.
Ltd.
1,020,054
0.2
4,200
Serverworks
Co.
Ltd.
61,733
0.0
74,500
Seven
Bank
Ltd.
148,727
0.0
5,900
Shibaura
Machine
Co.
Ltd.
151,194
0.0
7,000
Shibuya
Corp.
190,794
0.0
7,600
Shikoku
Bank
Ltd.
157,181
0.0
6,300
Shima
Seiki
Manufacturing
Ltd.
36,341
0.0
9,500
Shimizu
Bank
Ltd.
159,311
0.0
3,900
Shin
Nippon
Air
Technologies
Co.
Ltd.
78,322
0.0
18,000
Shin-Etsu
Polymer
Co.
Ltd.
238,078
0.1
4,300
Shinnihonseiyaku
Co.
Ltd.
54,499
0.0
35,200
Ship
Healthcare
Holdings,
Inc.
563,903
0.1
20,100
Shofu,
Inc.
265,187
0.1
13,500
Showa
Sangyo
Co.
Ltd.
300,040
0.1
16,700
Siix
Corp.
145,418
0.0
2,100
Sinfonia
Technology
Co.
Ltd.
170,860
0.0
1,800
SMK
Corp.
34,317
0.0
24,400
SMS
Co.
Ltd.
338,782
0.1
7,700
Softcreate
Holdings
Corp.
100,440
0.0
400
Software
Service,
Inc.
27,515
0.0
11,138
Soken
Chemical
&
Engineering
Co.
Ltd.
215,463
0.1
12,200
Soliton
Systems
KK
147,849
0.0
900
SRA
Holdings
26,234
0.0
7,300
Startia
Holdings,
Inc.
140,621
0.0
10,100
SUMCO
Corp.
205,333
0.1
13,500
Sumida
Corp.
107,866
0.0
22,700
Sumitomo
Bakelite
Co.
Ltd.
908,948
0.2
129,000
Sumitomo
Chemical
Co.
Ltd.
417,420
0.1
6,100
Sumitomo
Heavy
Industries
Ltd.
197,194
0.0
6,600
Sumitomo
Rubber
Industries
Ltd.
93,382
0.0
54,000
(1)
Sun*,
Inc.
155,715
0.0
5,300
Suzuken
Co.
Ltd./Aichi
Japan
169,086
0.0
14,900
SWCC
Corp.
1,027,090
0.2
8,400
System
Support,
Inc.
58,802
0.0
24,100
Systena
Corp.
63,482
0.0
2,690
Tachikawa
Corp.
44,366
0.0
24,800
Tadano
Ltd.
206,098
0.1
31,200
Taiheiyo
Cement
Corp.
790,068
0.2
9,800
Taiho
Kogyo
Co.
Ltd.
67,062
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
5,800
Taikisha
Ltd.
$
151,988
0.0
2,800
Taiko
Bank
Ltd.
45,166
0.0
1,600
Taisei
Lamick
Co.
Ltd.
25,383
0.0
19,200
Taiyo
Yuden
Co.
Ltd.
1,187,350
0.2
8,500
Takaoka
Toko
Co.
Ltd.
363,813
0.1
4,900
Takara
&
Co.
Ltd.
130,545
0.0
1,500
Takara
Standard
Co.
Ltd.
28,248
0.0
7,500
Takasago
International
Corp.
56,521
0.0
10,700
Tamron
Co.
Ltd.
96,116
0.0
2,900
Taoka
Chemical
Co.
Ltd.
13,544
0.0
38,000
Tay
Two
Co.
Ltd.
34,962
0.0
2,100
Tazmo
Co.
Ltd.
51,252
0.0
22,500
TechMatrix
Corp.
290,040
0.1
1,700
Techno
Ryowa
Ltd.
59,247
0.0
17,600
Teijin
Ltd.
179,371
0.0
2,900
Teikoku
Electric
Manufacturing
Co.
Ltd.
60,711
0.0
2,200
Tekscend
Photomask
Corp.
52,977
0.0
2,200
Temairazu,
Inc.
33,324
0.0
600
Tera
Probe,
Inc.
37,297
0.0
1,001
Terasaki
Electric
Co.
Ltd.
25,207
0.0
2,200
TESEC
Corp.
42,677
0.0
4,200
Toa
Corp./Hyogo
42,625
0.0
41,500
Tochigi
Bank
Ltd.
243,905
0.1
2,700
Togami
Electric
Manufacturing
Co.
Ltd.
90,914
0.0
10,200
Toho
Acetylene
Co.
Ltd.
27,360
0.0
109,300
Toho
Bank
Ltd.
583,356
0.1
2,900
Tokai
Corp./Gifu
44,381
0.0
56,500
TOKAI
Holdings
Corp.
411,248
0.1
18,300
Tokyo
Century
Corp.
299,042
0.1
33,600
Tokyo
Kiraboshi
Financial
Group,
Inc.
353,245
0.1
35,100
Tokyo
Ohka
Kogyo
Co.
Ltd.
1,900,941
0.3
10,200
Tokyo
Sangyo
Co.
Ltd.
52,785
0.0
14,900
Tokyo
Seimitsu
Co.
Ltd.
1,551,512
0.3
44,400
Tokyo
Tatemono
Co.
Ltd.
936,896
0.2
3,100
Tokyotokeiba
Co.
Ltd.
97,689
0.0
10,800
Tokyu
Construction
Co.
Ltd.
78,434
0.0
146,300
Tokyu
Fudosan
Holdings
Corp.
1,215,962
0.2
11,100
Toli
Corp.
46,288
0.0
83,800
TOMONY
Holdings,
Inc.
519,001
0.1
4,800
Torex
Semiconductor
Ltd.
52,921
0.0
11,500
Toshiba
TEC
Corp.
225,668
0.1
12,500
Tosho
Co.
Ltd.
59,936
0.0
4,700
Totech
Corp.
113,285
0.0
3,400
TOTO
Ltd.
147,557
0.0
4,600
Towa
Bank
Ltd.
37,832
0.0
25,600
Towa
Pharmaceutical
Co.
Ltd.
640,351
0.1
3,700
Toyo
Denki
Seizo
KK
54,304
0.0
70,200
Toyobo
Co.
Ltd.
660,362
0.1
45,300
Toyoda
Gosei
Co.
Ltd.
1,563,913
0.3
7,500
Traders
Holdings
Co.
Ltd.
58,429
0.0
7,600
Transcosmos,
Inc.
180,779
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Japan
(continued)
9,100
Trusco
Nakayama
Corp.
$
137,212
0.0
36,700
Tsubakimoto
Chain
Co.
588,850
0.1
9,600
Tsukada
Global
Holdings,
Inc.
36,408
0.0
19,000
Tsukuba
Bank
Ltd.
72,857
0.0
36,300
Tsumura
&
Co.
868,702
0.2
7,800
TYK
Corp./Tokyo
33,806
0.0
70,500
UACJ
Corp.
1,029,043
0.2
11,800
Ubicom
Holdings,
Inc.
73,921
0.0
9,000
Uchida
Yoko
Co.
Ltd.
120,645
0.0
1,300
Ueki
Corp.
22,056
0.0
18,400
Umios
Corp.
150,780
0.0
1,400
Union
Tool
Co.
133,210
0.0
12,000
Unipres
Corp.
99,762
0.0
1,500
UNIRITA,
Inc.
18,526
0.0
1,600
United
Arrows
Ltd.
24,407
0.0
2,500
User
Local,
Inc.
28,400
0.0
10,000
Ushio,
Inc.
232,071
0.1
3,700
V
Technology
Co.
Ltd.
123,735
0.0
17,600
(2)
ValueCommerce
Co.
Ltd.
52,263
0.0
8,000
Vector,
Inc.
88,909
0.0
25,000
Vision,
Inc./Tokyo
Japan
161,754
0.0
6,800
(1)
Visional,
Inc.
374,683
0.1
20,824
Vital
KSK
Holdings,
Inc.
218,169
0.1
22,900
VT
Holdings
Co.
Ltd.
70,609
0.0
87,200
Wacom
Co.
Ltd.
420,612
0.1
600
WDB
coco
Co.
Ltd.
9,677
0.0
4,600
WingArc1st,
Inc.
92,323
0.0
3,100
World
Holdings
Co.
Ltd.
51,415
0.0
3,900
Wowow,
Inc.
24,736
0.0
5,600
YAMABIKO
Corp.
134,828
0.0
10,100
Yamagata
Bank
Ltd.
233,943
0.1
93,600
Yamaguchi
Financial
Group,
Inc.
1,730,779
0.3
11,300
Yamaha
Corp.
87,593
0.0
1,500
Yamanashi
Chuo
Bank
Ltd.
59,711
0.0
18,300
Yokohama
Rubber
Co.
Ltd.
869,266
0.2
20,700
Yokowo
Co.
Ltd.
509,677
0.1
73
Yorozu
Corp.
408
0.0
12,200
(2)
Yossix
Holdings
Co.
Ltd.
248,342
0.1
3,400
Yushin
Precision
Equipment
Co.
Ltd.
14,183
0.0
13,600
Zenrin
Co.
Ltd.
77,283
0.0
40,800
ZERIA
Pharmaceutical
Co.
Ltd.
534,539
0.1
2,900
Zero
Co.
Ltd.
64,465
0.0
16,700
ZIGExN
Co.
Ltd.
43,991
0.0
7,800
Zuken,
Inc.
236,601
0.1
131,592,325
22.8
Liechtenstein
:
0.1%
5,173
Liechtensteinische
Landesbank
AG
723,049
0.1
Luxembourg
:
0.0%
15,150
SES
SA
100,541
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Malaysia
:
0.1%
223,866
CCK
Consolidated
Holdings
BHD
$
61,460
0.0
2,194
CSC
Steel
Holdings
Bhd
671
0.0
608,500
Hibiscus
Petroleum
Bhd
289,894
0.1
3,414
MKH
Oil
Palm
East
Kalimantan
Bhd
547
0.0
105,500
Scicom
MSC
Bhd
50,036
0.0
196,600
Spritzer
BHD
144,077
0.0
46
Uchi
Technologies
Bhd
32
0.0
546,717
0.1
Malta
:
0.0%
7,486
(2)
Kambi
Group
PLC
138,365
0.0
Mauritius
:
0.0%
29,957
Capital
Ltd.
39,567
0.0
Mexico
:
0.0%
1,807
Betterware
de
Mexico
SAPI
de
CV
30,755
0.0
20,048
Megacable
Holdings
SAB
de
CV
67,681
0.0
98,436
0.0
Monaco
:
0.0%
2,575
Costamare,
Inc.
40,118
0.0
Netherlands
:
3.2%
229,109
Aegon
Ltd.
2,162,789
0.4
48
(1)(3)
Alfen
N.V.
688
0.0
2,027
AMG
Critical
Materials
NV
69,387
0.0
18,156
ASR
Nederland
NV
1,484,378
0.3
2,897
(1)(3)
Basic-Fit
NV
115,904
0.0
17,748
BE
Semiconductor
Industries
NV
4,069,954
0.7
13,361
Corbion
NV
291,991
0.1
2,888
Eurocommercial
Properties
NV
93,419
0.0
12,101
(3)
Euronext
NV
2,212,619
0.4
3,549
(1)
Flow
Traders
Ltd.
108,293
0.0
28,637
ForFarmers
NV
193,843
0.0
31,973
Havas
NV
684,631
0.1
2,967
Kendrion
NV
65,402
0.0
253,460
Koninklijke
BAM
Groep
NV
3,399,048
0.6
11,344
Koninklijke
Heijmans
N.V
1,227,178
0.2
742
Nedap
NV
82,391
0.0
26,474
SBM
Offshore
NV
988,695
0.2
15,140
TKH
Group
NV
746,492
0.1
5,559
(1)
TomTom
NV
24,819
0.0
7,083
Van
Lanschot
Kempen
NV
532,290
0.1
18,554,211
3.2
New
Zealand
:
0.1%
35,016
Channel
Infrastructure
NZ
Ltd.
70,335
0.0
4,684
Hallenstein
Glasson
Holdings
Ltd.
29,385
0.0
44,872
Heartland
Group
Holdings
Ltd.
32,773
0.0
14,536
Mercury
NZ
Ltd.
57,361
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
New
Zealand
(continued)
87,326
(1)
Ryman
Healthcare
Ltd.
$
110,210
0.1
51,430
SKY
Network
Television
Ltd.
98,437
0.0
35,627
TOWER
Ltd.
39,034
0.0
437,535
0.1
Norway
:
0.9%
8,177
2020
Bulkers
Ltd.
2,847
0.0
6,322
BLUENORD
ASA
344,716
0.1
5,222
Bonheur
ASA
123,697
0.0
170
Bouvet
ASA
810
0.0
15,979
BW
Offshore
Ltd.
78,652
0.0
107,761
DNO
ASA
191,633
0.0
23,149
DOF
Group
ASA
304,094
0.1
3,694
Endur
ASA
44,992
0.0
25,653
Hoegh
Autoliners
ASA
456,083
0.1
108,102
Kitron
ASA
988,923
0.2
4,392
(3)
Klaveness
Combination
Carriers
ASA
46,527
0.0
357,763
MPC
Container
Ships
ASA
919,558
0.2
22,453
Norwegian
Air
Shuttle
ASA
30,985
0.0
3,970
Odfjell
SE
-
Class
A
47,753
0.0
39,514
Pexip
Holding
ASA
336,424
0.1
11,294
(1)
PhotoCure
ASA
63,158
0.0
32,768
SATS
ASA
144,746
0.0
10,070
Sentia
AS
82,451
0.0
84,054
Solstad
Maritime
ASA
250,100
0.0
1,938
SpareBank
1
Nord
Norge
32,391
0.0
2,721
Sparebank
1
Oestlandet
55,893
0.0
11,746
Stolt-Nielsen
Ltd.
394,398
0.1
7,615
Veidekke
ASA
151,508
0.0
8,591
Wallenius
Wilhelmsen
ASA
133,885
0.0
2,646
Wilh
Wilhelmsen
Holding
ASA
-
Class
A
214,416
0.0
5,440,640
0.9
Peru
:
0.0%
41,854
Ferreycorp
SAA
52,341
0.0
6,116
Hochschild
Mining
PLC
35,909
0.0
88,250
0.0
Philippines
:
0.0%
6,579
Ginebra
San
Miguel,
Inc.
28,629
0.0
1,081,000
Megaworld
Corp.
39,200
0.0
94,000
Robinsons
Land
Corp.
26,233
0.0
94,062
0.0
Poland
:
0.3%
1,937
Amica
SA
24,448
0.0
4,943
(1)
Arctic
Paper
SA
8,674
0.0
1,875
Asseco
South
Eastern
Europe
SA
36,741
0.0
1,206
BNPP
Bank
Polska
SA
50,177
0.0
92,523
Enea
SA
485,692
0.1
102
Stalprodukt
SA
5,870
0.0
3,626
TEN
Square
Games
SA
103,905
0.0
25,744
(3)
XTB
SA
1,024,895
0.2
1,740,402
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Portugal
:
0.2%
21,316
CTT-Correios
de
Portugal
SA
$
151,604
0.0
2,961
Ibersol
SGPS
SA
32,689
0.0
41,335
NOS
SGPS
SA
230,064
0.1
275,155
Sonae
SGPS
SA
646,330
0.1
1,060,687
0.2
Singapore
:
1.7%
7,900
AEM
Holdings
Ltd.
50,820
0.0
31,200
Aztech
Global
Ltd.
16,275
0.0
134,300
Banyan
Tree
Holdings
Ltd.
57,591
0.0
11,400
BRC
Asia
Ltd.
37,848
0.0
15,200
Bukit
Sembawang
Estates
Ltd.
58,373
0.0
58,549
(3)
BW
LPG
Ltd.
1,342,187
0.2
38,000
CDL
Hospitality
Trusts
23,561
0.0
2,340
Centurion
Accommodation
REIT
2,060
0.0
310,100
Centurion
Corp.
Ltd.
377,126
0.1
30,600
China
Aviation
Oil
Singapore
Corp.
Ltd.
41,486
0.0
29,800
CSE
Global
Ltd.
27,847
0.0
78,000
Delfi
Ltd.
53,242
0.0
121,600
Digital
Core
REIT
Management
Pte
Ltd.
59,594
0.0
52,400
Food
Empire
Holdings
Ltd.
99,318
0.0
8,600
Haw
Par
Corp.
Ltd.
107,901
0.0
119,200
Hong
Leong
Asia
Ltd.
266,671
0.1
129,100
iFAST
Corp.
Ltd.
914,826
0.2
314,847
IGG,
Inc.
134,064
0.0
506,100
Keppel
DC
REIT
880,081
0.2
82,900
Keppel
Infrastructure
Trust
35,230
0.0
1,198,508
Keppel
Pacific
Oak
US
REIT
214,509
0.0
212,400
KSH
Holdings
Ltd.
52,145
0.0
145,300
Nanofilm
Technologies
International
Ltd.
120,241
0.0
63,725
OKP
Holdings
Ltd.
38,039
0.0
27,800
OUE
Ltd.
21,677
0.0
114,100
Pacific
Century
Regional
Developments
Ltd.
44,485
0.0
28,100
Pan-United
Corp.
Ltd.
35,247
0.0
67,800
Q&M
Dental
Group
Singapore
Ltd.
29,354
0.0
187,400
Riverstone
Holdings
Ltd.
122,770
0.0
18,903
Samudera
Shipping
Line
Ltd.
13,859
0.0
265,600
SATS
Ltd.
979,244
0.2
487,400
Sheng
Siong
Group
Ltd.
1,268,506
0.2
19,950
Sing
Investments
&
Finance
Ltd.
24,564
0.0
23,592
Tai
Sin
Electric
Ltd.
9,658
0.0
29,900
UMS
Integration
Ltd.
53,091
0.0
204,400
UOL
Group
Ltd.
1,577,218
0.3
32,400
Valuemax
Group
Ltd.
23,748
0.0
37,700
Venture
Corp.
Ltd.
469,734
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Singapore
(continued)
552,100
Wee
Hur
Holdings
Ltd.
$
292,667
0.1
9,976,857
1.7
South
Africa
:
0.3%
15,535
Astral
Foods
Ltd.
199,533
0.0
4,857
Karooooo
Ltd.
311,989
0.1
37,538
Pan
African
Resources
PLC
46,947
0.0
71,561
(1)(3)
Scatec
ASA
691,997
0.1
105,560
(1)
Super
Group
Ltd./South
Africa
120,950
0.0
12,938
Tiger
Brands
Ltd.
216,734
0.1
1,588,150
0.3
South
Korea
:
5.0%
8,988
Able
C&C
Co.
Ltd.
66,611
0.0
9,642
AfreecaTV
Co.
Ltd.
321,528
0.1
4,910
Ahnlab,
Inc.
180,852
0.0
2,285
Anapass,
Inc.
19,785
0.0
50,117
BNK
Financial
Group,
Inc.
525,265
0.1
28,887
Classys,
Inc.
827,290
0.2
10,119
Com2uSCorp
208,798
0.0
4,310
(1)
D&C
Media
Co.
Ltd.
19,354
0.0
20,803
Dae
Hyun
Co.
Ltd.
21,293
0.0
6,065
Daewoong
Pharmaceutical
Co.
Ltd.
481,338
0.1
10,077
Daol
Investment
&
Securities
Co.
Ltd.
23,924
0.0
9,822
DB
HiTek
Co.
Ltd.
557,733
0.1
40,603
DGB
Financial
Group,
Inc.
476,076
0.1
14,501
DL
E&C
Co.
Ltd.
579,949
0.1
4,561
DMS
Co.
Ltd.
25,969
0.0
6,437
DoubleUGames
Co.
Ltd.
269,462
0.1
2,626
DY
POWER
Corp.
19,695
0.0
4,293
E-MART,
Inc.
236,292
0.1
9,252
(1)
EM-Tech
Co.
Ltd.
23,786
0.0
5,272
ENF
Technology
Co.
Ltd.
150,149
0.0
6,002
Eugene
Technology
Co.
Ltd.
452,804
0.1
8,077
Eusu
Holdings
Co.
Ltd.
34,437
0.0
10,646
(1)
Fadu,
Inc.
458,928
0.1
1,067
Fursys,
Inc.
18,710
0.0
23,436
GnBS
eco
Co.
Ltd.
68,439
0.0
4,417
(1)
Gravity
Co.
Ltd.,
ADR
273,633
0.1
32,751
Han
Kuk
Carbon
Co.
Ltd.
488,547
0.1
11,996
Hanwha
Corp.
705,103
0.1
158,012
(1)
Hanwha
General
Insurance
Co.
Ltd.
621,026
0.1
145,170
(1)
Hanwha
Life
Insurance
Co.
Ltd.
438,998
0.1
4,150
Hanyang
Securities
Co.
Ltd.
56,401
0.0
17,976
(1)
HD-Hyundai
Marine
Engine
610,167
0.1
5,532
(1)
Hotel
Shilla
Co.
Ltd.
167,074
0.0
2,751
HS
Hyosung
Corp.
85,501
0.0
27,841
Hwaseung
Corp.
Co.
Ltd.
50,070
0.0
9,610
Hyundai
GF
Holdings
77,867
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
South
Korea
(continued)
34,952
(1)
Hyundai
Marine
&
Fire
Insurance
Co.
Ltd.
$
929,712
0.2
9,875
Hyundai
Wia
Corp.
396,288
0.1
2,040
IDIS
Holdings
Co.
Ltd.
21,069
0.0
1,942
Intelligent
Digital
Integrated
Security
Co.
Ltd.
21,851
0.0
19,732
IsuPetasys
Co.
Ltd.
990,720
0.2
5,617
(1)
Jahwa
Electronics
Co.
Ltd.
85,224
0.0
90,550
JB
Financial
Group
Co.
Ltd.
1,651,463
0.3
50,647
(1)
K
Bank
Co.
Ltd.
198,421
0.0
4,796
KC
Tech
Co.
Ltd./New
226,204
0.0
10,738
KG
Chemical
Corp.
30,648
0.0
4,395
KIWOOM
Securities
Co.
Ltd.
877,575
0.2
14,669
Kolmar
Korea
Co.
Ltd.
970,910
0.2
2,452
Korea
Electric
Terminal
Co.
Ltd.
105,335
0.0
356
KPX
Chemical
Co.
Ltd.
12,049
0.0
396
(1)(4)
KPX
Electrochem
Co.
Ltd.
833
0.0
13,968
KTCS
Corp.
21,498
0.0
23,917
LEENO
Industrial,
Inc.
1,051,195
0.2
73
LF
Corp.
1,136
0.0
1,956
LG
Innotek
Co.
Ltd.
675,579
0.1
7,130
(1)
LOT
Vacuum
Co.
Ltd.
38,818
0.0
3,276
LOTTE
Himart
Co.
Ltd.
14,051
0.0
1,941
(1)
LX
Hausys
Ltd.
41,761
0.0
10,651
LX
Semicon
Co.
Ltd.
253,009
0.1
2,831
Maeil
Dairies
Co.
Ltd.
67,283
0.0
22,267
(1)
Magnachip
Semiconductor
Corp.
72,590
0.0
11,730
Mcnex
Co.
Ltd.
144,113
0.0
2,740
MegaStudyEdu
Co.
Ltd.
78,178
0.0
268
(1)
Modetour
Network,
Inc.
1,574
0.0
3,002
Nature
Holdings
Co.
Ltd.
13,518
0.0
4,213
NCSoft
Corp.
684,980
0.1
3,086
NeoPharm
Co.
Ltd.
41,049
0.0
4,085
(1)
Neovue
Co.
Ltd.
42,148
0.0
7,559
Neowiz
96,672
0.0
613
NEOWIZ
HOLDINGS
Corp.
10,107
0.0
6,342
Nexen
Tire
Corp.
27,314
0.0
150
Nice
Information
&
Telecommunication,
Inc.
2,962
0.0
13,277
NICE
Information
Service
Co.
Ltd.
130,472
0.0
6,191
NOROO
Paint
&
Coatings
Co.
Ltd.
32,802
0.0
2,585
(1)
OCI
Co.
Ltd.
123,511
0.0
15,099
(1)
Pearl
Abyss
Corp.
351,607
0.1
3,140
PHA
Co.
Ltd.
23,360
0.0
3,257
PI
Advanced
Materials
Co.
Ltd.
40,185
0.0
16,139
Poongsan
Corp.
811,217
0.1
9,401
PSK,
Inc.
827,919
0.2
87,913
(4)
S&C
Engine
Group
Ltd.
—
—
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
South
Korea
(continued)
8,006
Sam
Young
Electronics
Co.
Ltd.
$
73,028
0.0
2,982
Sammok
S-Form
Co.
Ltd.
28,631
0.0
44,885
Samsung
Engineering
Co.
Ltd.
1,328,680
0.2
5,881
Sanil
Electric
Co.
Ltd.
570,999
0.1
19,401
Sebang
Co.
Ltd.
172,892
0.0
7,707
(1)
Seoul
Semiconductor
Co.
Ltd.
43,783
0.0
4,386
Seoyon
Co.
Ltd.
22,760
0.0
4,175
Shinsegae,
Inc.
1,208,000
0.2
11,431
SJG
Sejong
49,169
0.0
12,329
Solid,
Inc.
71,804
0.0
458
Soulbrain
Co.
Ltd.
79,312
0.0
1,330
Spigen
Korea
Co.
Ltd.
27,163
0.0
1,953
Suprema,
Inc.
69,172
0.0
8,847
THN
Corp.
34,562
0.0
22,847
TK
Corp.
346,399
0.1
6,097
(1)
Tongyang
Life
Insurance
Co.
Ltd.
35,534
0.0
7,577
Toptec
Co.
Ltd.
15,783
0.0
7,464
Tovis
Co.
Ltd.
54,592
0.0
39,986
TYM
Corp.
165,404
0.0
3,472
Ubiquoss,
Inc.
23,077
0.0
3,797
Uju
Electronics
Co.
Ltd.
55,713
0.0
2,705
Vieworks
Co.
Ltd.
41,263
0.0
7,105
(1)
VT
Co.
Ltd.
57,840
0.0
7,887
Wemade
Co.
Ltd.
88,684
0.0
3,416
Wins
Co.
Ltd.
24,591
0.0
11,600
WiSoL
Co.
Ltd.
44,539
0.0
23,751
WONIK
IPS
Co.
Ltd.
1,558,521
0.3
39,712
Xexymix
Corp.
76,603
0.0
13,610
Youngone
Corp.
845,467
0.2
5,956
Zinus,
Inc.
35,952
0.0
29,131,681
5.0
Spain
:
3.7%
34,076
Almirall
SA
437,382
0.1
480
Arteche
Lantegi
Elkartea
SA
15,998
0.0
103,628
Atalaya
Mining
PLC
1,249,825
0.2
486,071
Bankinter
SA
8,941,242
1.6
42,601
Cia
de
Distribucion
Integral
Logista
Holdings
SA
1,817,428
0.3
2,629
Construcciones
y
Auxiliar
de
Ferrocarriles
SA
207,906
0.0
779
(1)
Distribuidora
Internacional
de
Alimentacion
SA
35,681
0.0
15,069
(1)
eDreams
ODIGEO
SA
94,940
0.0
6,008
Elecnor
SA
237,586
0.1
25,020
(3)
Gestamp
Automocion
SA
84,453
0.0
5,386
Grifols
SA
61,900
0.0
35,206
Indra
Sistemas
SA
2,314,673
0.4
65,710
Linea
Directa
Aseguradora
SA
Cia
de
Seguros
y
Reaseguros
97,048
0.0
339,181
Mapfre
SA
1,734,372
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Spain
(continued)
115,904
Melia
Hotels
International
SA
$
1,382,816
0.2
98,217
Merlin
Properties
Socimi
SA
1,707,025
0.3
7,389
Naturhouse
Health
SAU
21,804
0.0
507
Pharma
Mar
SA
46,234
0.0
281,449
(3)
Unicaja
Banco
SA
1,082,242
0.2
21,570,555
3.7
Sweden
:
2.4%
14,434
(3)
AcadeMedia
AB
151,279
0.0
10,638
Alleima
AB
126,429
0.0
27,750
(3)
Ambea
AB
420,632
0.1
63,117
(1)
Asmodee
Group
AB
-
Class
B
984,986
0.2
3,812
Atea
ASA
69,172
0.0
25,214
(3)
Attendo
AB
290,007
0.1
49,252
Avanza
Bank
Holding
AB
2,021,109
0.4
35,962
Betsson
AB
-
Class
B
347,584
0.1
21,964
(1)
BICO
Group
AB
33,227
0.0
24,939
BioGaia
AB
-
Class
B
302,923
0.1
4,302
(1)(3)
Boozt
AB
75,629
0.0
117,719
(3)
Bravida
Holding
AB
1,622,027
0.3
25,361
Bufab
AB
358,280
0.1
15,843
Byggmax
Group
AB
85,983
0.0
1,797
(1)
Camurus
AB
117,229
0.0
202,885
(1)
Cantargia
AB
38,967
0.0
2
(1)
Careium
AB
6
0.0
5,095
Castellum
AB
71,510
0.0
15,826
Cheffelo
AB
201,768
0.0
5,030
Clas
Ohlson
AB
-
Class
B
221,614
0.1
13,331
(3)
Coor
Service
Management
Holding
AB
66,278
0.0
112,052
Corem
Property
Group
AB
-
Class
B
29,808
0.0
68,593
(1)(3)
Dustin
Group
AB
13,053
0.0
16,793
(1)
Embracer
Group
AB
119,068
0.0
3,589
(1)
Enea
AB
22,238
0.0
2,964
G5
Entertainment
AB
20,669
0.0
3,564
Getinge
AB
-
Class
B
88,834
0.0
4,234
Hemnet
Group
AB
37,381
0.0
1,615
HMS
Networks
AB
83,647
0.0
8,330
(3)
Hoist
Finance
AB
188,902
0.0
13,346
Husqvarna
AB
-
Class
B
54,556
0.0
33,971
Instalco
AB
133,544
0.0
4,588
Intea
Fastigheter
AB
35,454
0.0
1,508
Invisio
AB
32,949
0.0
29,013
Loomis
AB
1,601,068
0.3
529
(1)
Medcap
AB
30,472
0.0
25,920
Mycronic
AB
856,449
0.2
20,676
NCAB
Group
AB
149,389
0.0
5,878
NCC
AB
-
Class
B
104,925
0.0
15,301
(1)
Nobia
AB
23,600
0.0
7,099
(1)
Ovzon
AB
28,044
0.0
39,267
Peab
AB
-
Class
B
388,958
0.1
16,870
Platzer
Fastigheter
Holding
AB
-
Class
B
130,470
0.0
21,721
Rusta
AB
200,951
0.0
38,499
Rvrc
Holding
AB
246,061
0.1
4,773
Scandi
Standard
AB
71,670
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Sweden
(continued)
17,515
SSAB
AB
-
Class
B
$
184,483
0.0
44,266
Storytel
AB
489,373
0.1
12,771
(1)
Sveafastigheter
AB
43,368
0.0
7,521
Systemair
AB
66,029
0.0
25,602
Truecaller
AB
-
Class
B
47,344
0.0
84,883
Wihlborgs
Fastigheter
AB
690,368
0.1
13,819,764
2.4
Switzerland
:
6.9%
36,808
Accelleron
Industries
AG
3,332,469
0.6
151
APG
SGA
SA
37,286
0.0
14,531
Ascom
Holding
AG,
Reg
91,841
0.0
94,068
Avolta
AG,
Reg
5,647,307
1.0
2,155
(1)
Basilea
Pharmaceutica
AG,
Reg
138,461
0.0
3,527
Burkhalter
Holding
AG
597,238
0.1
1,768
Calida
Holding
AG,
Reg
33,503
0.0
258
Cie
Financiere
Tradition
SA
-
Class
BR
94,477
0.0
2,321
Comet
Holding
AG,
Reg
941,726
0.2
13,948
DKSH
Holding
AG
1,157,903
0.2
8,696
dormakaba
Holding
AG
626,594
0.1
299
(1)
Dottikon
Es
Holding
AG
103,274
0.0
51,722
EFG
International
AG
1,029,066
0.2
11,112
(3)
Galenica
AG
1,180,446
0.2
2,002
(1)
Gurit
Holding
AG
-
Class
BR
68,842
0.0
754
Hiag
Immobilien
Holding
AG
123,226
0.0
663
Huber
+
Suhner
AG,
Reg
156,280
0.0
7,854
Implenia
AG
623,173
0.1
1,586
Inficon
Holding
AG
319,970
0.1
95,983
International
Workplace
Group
PLC
255,986
0.0
138
Interroll
Holding
AG
231,400
0.0
1,304
Intershop
Holding
AG
277,704
0.1
29,527
Julius
Baer
Group
Ltd.
2,596,032
0.5
2,158
(1)
Komax
Holding
AG
139,462
0.0
236,819
(1)
Kongsberg
Automotive
ASA
54,213
0.0
1,492
Lastminute.com
NV
24,101
0.0
316
(1)
LEM
Holding
SA
198,016
0.0
1,683
Luzerner
Kantonalbank
AG
232,129
0.0
5,343
(3)
Medacta
Group
SA
875,844
0.2
467
Mikron
Holding
AG,
Reg
9,820
0.0
5,212
Mobilezone
Holding
AG,
Reg
92,297
0.0
9,267
(1)
On
Holding
AG
-
Class
A
335,836
0.1
8,762
PSP
Swiss
Property
AG,
Reg
1,580,805
0.3
1,092
(1)(3)
Sensirion
Holding
AG
99,136
0.0
2,974
SFS
Group
AG
486,872
0.1
6,774
Siegfried
Holding
AG
635,587
0.1
59,483
(1)
SIG
Group
AG
1,080,898
0.2
127
St
Galler
Kantonalbank
AG
102,179
0.0
8,078
Sulzer
AG,
Reg
1,467,057
0.3
15,081
Swatch
Group
AG
-
Class
BR
3,371,759
0.6
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Switzerland
(continued)
48,049
Swissquote
Group
Holding
SA
$
2,503,324
0.4
1,430
Tecan
Group
AG,
Reg
330,470
0.1
26,894
Temenos
AG
2,237,169
0.4
24,252
TORM
PLC
-
USD
-
Class
A
735,078
0.1
2,470
(3)
VAT
Group
AG
1,848,741
0.3
293
Vaudoise
Assurances
Holding
SA
291,025
0.1
899
Vontobel
Holding
AG,
Reg
96,204
0.0
2,577
(2)
Ypsomed
Holding
AG
1,229,857
0.2
6
Zug
Estates
Holding
AG
-
Class
B
16,476
0.0
39,738,559
6.9
Taiwan
:
0.8%
9,000
AP
Memory
Technology
Corp.
180,609
0.0
17,000
Arcadyan
Technology
Corp.
89,999
0.0
20,000
Cenra,
Inc.
20,268
0.0
108,000
Darwin
Precisions
Corp.
41,954
0.0
69,000
Elite
Semiconductor
Microelectronics
Technology,
Inc.
374,085
0.1
38,000
Ennoconn
Corp.
472,854
0.1
63,000
(1)
Etron
Technology,
Inc.
137,565
0.0
19,000
Fitipower
Integrated
Technology,
Inc.
87,175
0.0
70,000
FocalTech
Systems
Co.
Ltd.
104,901
0.0
15,000
FY
Group
Ltd.
16,337
0.0
61,661
(1)
General
Interface
Solution
Holding
Ltd.
103,563
0.0
22,000
Genius
Electronic
Optical
Co.
Ltd.
322,957
0.1
13,000
Global
Lighting
Technologies,
Inc.
13,975
0.0
26,000
Global
Mixed
Mode
Technology,
Inc.
196,048
0.0
19,319
Himax
Technologies,
Inc.,
ADR
242,260
0.1
18,000
ITE
Technology,
Inc.
68,767
0.0
10,000
Kung
Long
Batteries
Industrial
Co.
Ltd.
39,014
0.0
12,000
Lida
Holdings
Ltd.
6,518
0.0
11,000
Lumax
International
Corp.
Ltd.
37,895
0.0
40,000
Pixart
Imaging,
Inc.
235,475
0.1
7,000
Raydium
Semiconductor
Corp.
48,697
0.0
17,000
Rich
Honour
International
Designs
Co.
Ltd.
22,186
0.0
55,000
Sercomm
Corp.
139,176
0.0
13,200
Shiny
Brands
Group
Co.
Ltd.
42,755
0.0
154,000
Sigurd
Microelectronics
Corp.
875,013
0.2
125,000
(1)
Sunplus
Technology
Co.
Ltd.
94,768
0.0
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Taiwan
(continued)
15,000
Taiwan
Semiconductor
Co.
Ltd.
$
32,824
0.0
49,000
Taiwan
Surface
Mounting
Technology
Corp.
209,693
0.1
7,000
Tofu
Restaurant
Co.
Ltd.
37,642
0.0
7,000
Topview
Optronics
Corp.
14,079
0.0
19,000
Ubright
Optronics
Corp.
31,760
0.0
10,000
Zeng
Hsing
Industrial
Co.
Ltd.
28,337
0.0
4,369,149
0.8
Thailand
:
0.6%
206,600
Advanced
Information
Technology
PCL
30,440
0.0
591,100
Amata
Corp.
PCL
510,005
0.1
488,400
Bangkok
Life
Assurance
PCL
380,292
0.1
45,500
Bank
of
Ayudhya
PCL
55,067
0.0
249,000
Digital
Telecommunications
Infrastructure
Fund
-
Class
F
76,059
0.0
4,219,500
IRPC
PCL
278,100
0.1
117,000
KCE
Electronics
PCL
145,620
0.0
49,800
Mega
Lifesciences
PCL
56,578
0.0
626,300
Platinum
Group
PCL
26,298
0.0
180,204
Ratchaphruek
Hospital
PCL
26,875
0.0
132,800
(2)
Regional
Container
Lines
PCL
139,203
0.0
432,400
Siam
Global
House
PCL
95,676
0.0
69,600
Somboon
Advance
Technology
PCL
33,541
0.0
174,100
(2)
Srisawad
Corp.
PCL
128,137
0.0
3,919,400
(2)
Star
Petroleum
Refining
PCL
1,302,848
0.3
13,700
Thai
Stanley
Electric
PCL
96,914
0.0
1,085,800
TPI
Polene
PCL
29,207
0.0
26,500
Zen
Corp.
Group
PCL
4,404
0.0
3,415,264
0.6
United
Arab
Emirates
:
0.1%
240,373
Alef
Education
Holding
PLC
64,512
0.0
25,524
Commercial
Bank
of
Dubai
PSC
68,645
0.0
40,675
Ras
Al
Khaimah
Ceramics
26,825
0.0
58,169
(1)
Yalla
Group
Ltd.,
ADR
313,531
0.1
473,513
0.1
United
Kingdom
:
8.6%
9,349
4imprint
Group
PLC
518,871
0.1
100,441
abrdn
PLC
326,941
0.1
127,479
AEP
Plantations
PLC
309,257
0.1
20,650
AJ
Bell
PLC
163,293
0.0
11,374
(1)
Applied
Nutrition
PLC
49,590
0.0
12,568
(3)
Auto
Trader
Group
PLC
88,745
0.0
104,032
Babcock
International
Group
PLC
1,579,256
0.3
170,558
Balfour
Beatty
PLC
1,988,314
0.4
4,832
(1)
Beauty
Tech
Group
PLC
22,988
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
Kingdom
(continued)
14,269
(1)
Berkeley
Group
Holdings
PLC
$
673,961
0.1
30,052
(1)
Bicycle
Therapeutics
PLC,
ADR
116,001
0.0
8,158
Bodycote
PLC
79,628
0.0
169,231
British
Land
Co.
PLC
1,011,935
0.2
41,907
Central
Asia
Metals
PLC
83,172
0.0
9,838
Chemring
Group
PLC
78,419
0.0
29,137
(3)
CMC
Markets
PLC
263,140
0.1
36,845
Computacenter
PLC
2,283,260
0.4
297,870
(3)
ConvaTec
Group
PLC
900,063
0.2
76,177
Costain
Group
PLC
216,628
0.1
14,643
Cranswick
PLC
1,055,824
0.2
1,038,151
Currys
PLC
2,350,335
0.4
57,070
dotdigital
group
PLC
39,842
0.0
99,882
Drax
Group
PLC
992,789
0.2
2,500
(1)
Eagle
Eye
Solutions
Group
PLC
16,712
0.0
22,498
easyJet
PLC
191,537
0.0
40,805
(1)
Endava
PLC,
ADR
122,007
0.0
277,962
EnQuest
PLC
88,834
0.0
9,755
FDM
Group
Holdings
PLC
16,283
0.0
46,079
Firstgroup
PLC
114,517
0.0
50,527
Foresight
Group
Holdings
Ltd.
315,750
0.1
721
Fuller
Smith
&
Turner
PLC
-
Class
A
6,923
0.0
7,788
Galliford
Try
Holdings
PLC
61,928
0.0
6,011
Games
Workshop
Group
PLC
1,549,522
0.3
85,471
(1)
Gem
Diamonds
Ltd.
3,859
0.0
20,098
Genus
PLC
595,468
0.1
8,246
Global
Ship
Lease,
Inc.
-
Class
A
365,628
0.1
371,679
Harbour
Energy
PLC
1,205,685
0.2
992
Hargreaves
Services
PLC
10,642
0.0
6,534
Hikma
Pharmaceuticals
PLC
139,486
0.0
5,115
Hiscox
Ltd.
124,877
0.0
113,739
Howden
Joinery
Group
PLC
1,211,951
0.2
20,947
Hunting
PLC
125,205
0.0
2,729
IG
Group
Holdings
PLC
53,699
0.0
36,732
IMI
PLC
1,459,671
0.3
37,273
(1)
Immunocore
Holdings
PLC,
ADR
1,260,200
0.2
89,064
Inchcape
PLC
1,006,498
0.2
26,084
IntegraFin
Holdings
PLC
129,545
0.0
3,511
Intermediate
Capital
Group
PLC
89,642
0.0
123,062
Investec
PLC
-
GBP
1,077,058
0.2
397,571
Investec
PLC
-
ZAR
3,501,103
0.6
116,317
(1)
IP
Group
PLC
98,614
0.0
8,764
Ithaca
Energy
PLC
28,620
0.0
51,986
JD
Sports
Fashion
PLC
63,028
0.0
19,595
JET2
PLC
406,675
0.1
20,662
Johnson
Matthey
PLC
558,172
0.1
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
Kingdom
(continued)
37,871
Johnson
Service
Group
PLC
$
76,765
0.0
53,165
Jupiter
Fund
Management
PLC
112,866
0.0
32,393
Kainos
Group
PLC
381,036
0.1
17,885
Keller
Group
PLC
728,918
0.1
120,874
Lancashire
Holdings
Ltd.
981,811
0.2
325,795
LondonMetric
Property
PLC
861,271
0.2
40,447
Man
Group
PLC/Jersey
165,612
0.0
227,598
(1)
Marston's
PLC
156,440
0.0
8,059
McBride
PLC
17,704
0.0
31,691
Mears
Group
PLC
184,086
0.0
510,062
Mitie
Group
PLC
1,422,988
0.3
35,385
Moneysupermarket.com
Group
PLC
94,116
0.0
46,549
Moonpig
Group
PLC
172,901
0.0
9,311
Morgan
Sindall
Group
PLC
555,914
0.1
2,693
MP
Evans
Group
PLC
59,015
0.0
8,444
Next
Fifteen
Communications
Group
PLC
33,401
0.0
14,527
Ninety
One
PLC
41,859
0.0
15,227
Nomad
Foods
Ltd.
181,201
0.0
7,318
Odfjell
Technology
Ltd.
44,862
0.0
141,451
OSB
Group
PLC
1,064,835
0.2
97,192
Paragon
Banking
Group
PLC
1,101,257
0.2
17,192
(1)
Playtech
PLC
87,723
0.0
39,482
Polar
Capital
Holdings
PLC
410,262
0.1
18,078
QinetiQ
Group
PLC
123,768
0.0
19,216
Rank
Group
PLC
25,070
0.0
2,066
Renishaw
PLC
137,774
0.0
39,865
Rightmove
PLC
249,934
0.1
28,753
(3)
Sabre
Insurance
Group
PLC
70,761
0.0
5,966
(1)
Saga
PLC
54,033
0.0
9,767
Secure
Trust
Bank
PLC
208,245
0.0
7,409
Serabi
Gold
PLC
25,072
0.0
221,012
Serco
Group
PLC
719,649
0.1
68,369
Softcat
PLC
1,794,023
0.3
214,184
Speedy
Hire
PLC
54,673
0.0
86,897
St
James's
Place
PLC
1,234,706
0.2
5,253
Subsea
7
SA
177,493
0.0
249,503
TP
ICAP
Group
PLC
1,152,354
0.2
217,308
(1)(3)
Trainline
PLC
694,701
0.1
402,022
Tritax
Big
Box
REIT
PLC
924,293
0.2
35,426
(1)(3)
Trustpilot
Group
PLC
129,138
0.0
2,792
Victrex
PLC
29,464
0.0
136,900
(1)(3)
Watches
of
Switzerland
Group
PLC
1,352,186
0.2
43,682
Wickes
Group
PLC
115,978
0.0
67,284
XPS
Pensions
Group
PLC
300,758
0.1
2,430
Zegona
Communications
PLC
47,956
0.0
49,750,463
8.6
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
United
States
:
2.4%
30,336
Buzzi
Unicem
SpA
$
1,438,999
0.2
91,141
(1)
Constellium
SE
2,531,897
0.4
61,258
DHT
Holdings,
Inc.
1,137,561
0.2
47,756
(1)
Fiverr
International
Ltd.
426,461
0.1
30,111
(1)
IMAX
Corp.
1,440,510
0.3
7,526
(1)
Indivior
Pharmaceuticals,
Inc.
301,115
0.1
48,930
(1)
Kiniksa
Pharmaceuticals
International
PLC
3,637,456
0.6
734
(1)
Monday.com
Ltd.
63,968
0.0
50,263
Navigator
Holdings
Ltd.
1,123,378
0.2
30,209
Nordic
American
Tankers
Ltd.
197,265
0.0
3,294
(1)
Paysafe
Ltd.
26,616
0.0
119,926
(1)
Riskified
Ltd.
-
Class
A
622,416
0.1
18,962
(3)
Signify
NV
324,110
0.1
34,350
Sims
Ltd.
613,546
0.1
13,885,298
2.4
Vietnam
:
0.0%
2,427
(1)
XP
Power
Ltd.
52,859
0.0
Total
Common
Stock
(Cost
$490,442,646)
573,994,862
99.3
EXCHANGE-TRADED
FUNDS
:
0.2%
15,596
iShares
MSCI
EAFE
Small-Cap
ETF
1,308,505
0.2
Total
Exchange-Traded
Funds
(Cost
$1,334,702)
1,308,505
0.2
PREFERRED
STOCK
:
0.2%
Germany
:
0.2%
536
Draegerwerk
AG
&
Co.
KGaA
67,956
0.0
555
Einhell
Germany
AG
45,211
0.0
13,731
Fuchs
Petrolub
SE
636,443
0.1
198
KSB
SE
&
Co.
KGaA
190,453
0.1
182
STO
SE
&
Co.
KGaA
20,392
0.0
960,455
0.2
Total
Preferred
Stock
(Cost
$836,327)
960,455
0.2
Total
Long-Term
Investments
(Cost
$492,613,675)
576,263,822
99.7
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
1.4%
Repurchase
Agreements
:
0.6%
1,160,778
(5)
Citadel
Securities
LLC,
Repurchase
Agreement
dated
07/31/2026,
3.700%,
due
08/03/2026
(Repurchase
Amount
$1,161,131,
collateralized
by
various
U.S.
Government
Securities,
0.000%-5.000%,
Market
Value
plus
accrued
interest
$1,184,359,
due
08/15/26-05/15/56)
$
1,160,778
0.2
375,803
(5)
Deutsche
Bank
Securities
Inc.,
Repurchase
Agreement
dated
07/31/2026,
3.620%,
due
08/03/2026
(Repurchase
Amount
$375,915,
collateralized
by
various
U.S.
Government
Securities,
1.250%-4.625%,
Market
Value
plus
accrued
interest
$383,319,
due
11/30/27-09/30/30)
375,803
0.0
1,091,131
(5)
HSBC
Securities
(USA)
Inc.,
Repurchase
Agreement
dated
07/31/2026,
3.650%,
due
08/03/2026
(Repurchase
Amount
$1,091,458,
collateralized
by
various
U.S.
Government
Agency
Obligations,
1.570%-7.500%,
Market
Value
plus
accrued
interest
$1,112,954,
due
07/01/31-06/01/56)
1,091,131
0.2
1,198,047
(5)
State
of
Wisconsin
Investment
Board,
Repurchase
Agreement
dated
07/31/2026,
3.750%,
due
08/03/2026
(Repurchase
Amount
$1,198,416,
collateralized
by
various
U.S.
Government
Securities,
0.125%-3.875%,
Market
Value
plus
accrued
interest
$1,219,569,
due
01/15/28-02/15/56)
1,198,047
0.2
Total
Repurchase
Agreements
(Cost
$3,825,759)
3,825,759
0.6
Time
Deposits
:
0.2%
128,900
(5)
Cooperatieve
Rabobank
UA,
3.620
%,
08/03/2026
128,900
0.0
128,900
(5)
DZ
Bank
AG,
3.610
%,
08/03/2026
128,900
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
Fund
Principal
Amount†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS:
(continued)
Time
Deposits
(continued)
128,900
(5)
Landesbank
Hessen
Thueringen
Girozentrale,
3.630
%,
08/03/2026
$
128,900
0.0
128,900
(5)
Mizuho
Bank
Ltd.,
3.640
%,
08/03/2026
128,900
0.0
128,900
(5)
Royal
Bank
of
Canada,
3.680
%,
08/03/2026
128,900
0.1
128,900
(5)
Societe
Generale
S.A.,
3.620
%,
08/03/2026
128,900
0.0
128,900
(5)
Svenska
Handelsbanken
AB,
3.620
%,
08/03/2026
128,900
0.0
128,900
(5)
Toronto-Dominion
Bank,
3.630
%,
08/03/2026
128,900
0.0
Total
Time
Deposits
(Cost
$1,031,200)
1,031,200
0.2
Shares
RA
Value
Percentage
of
Net
Assets
Mutual
Funds
:
0.6%
3,438,425
(6)
BlackRock
Liquidity
Funds,
FedFund,
Institutional
Class,
3.560%
(Cost
$3,438,425)
$
3,438,425
0.6
Total
Short-Term
Investments
(Cost
$8,295,384)
8,295,384
1.4
Total
Investments
in
Securities
(Cost
$500,909,059)
$
584,559,206
101.1
Liabilities
in
Excess
of
Other
Assets
(6,218,472)
(1.1)
Net
Assets
$
578,340,734
100.0
ADR
American
Depositary
Receipt
†
Unless
otherwise
indicated,
principal
amount
is
shown
in
USD.
(1)
Non-income
producing
security.
(2)
Security,
or
a
portion
of
the
security,
is
on
loan.
(3)
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.
(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
Industrials
22.2
%
Financials
14.9
Materials
12.1
Information
Technology
11.6
Consumer
Discretionary
11.2
Health
Care
7.3
Real
Estate
5.9
Energy
5.3
Communication
Services
4.2
Consumer
Staples
3.1
Utilities
1.7
Exchange-Traded
Funds
0.2
Short-Term
Investments
1.4
Liabilities
in
Excess
of
Other
Assets
(1.1)
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
Small
Cap
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
$
4,267,198
$
29,011,776
$
—
$
33,278,974
Austria
—
3,463,299
—
3,463,299
Belgium
180,455
7,350,208
—
7,530,663
Bermuda
2,099,218
—
—
2,099,218
Brazil
50,785
90,211
—
140,996
Canada
54,048,075
—
—
54,048,075
China
749,758
7,099,902
—
7,849,660
Congo
(Democratic
Republic)
—
799,856
—
799,856
Denmark
82,407
16,338,956
—
16,421,363
Finland
224,623
5,197,596
—
5,422,219
France
579,272
35,274,950
—
35,854,222
Germany
138,283
26,724,536
—
26,862,819
Greece
1,055,292
81,132
—
1,136,424
Guatemala
833,922
—
—
833,922
Hong
Kong
199,488
2,903,284
—
3,102,772
Hungary
39,184
—
—
39,184
India
—
160,248
—
160,248
Indonesia
573,465
184,529
—
757,994
Ireland
235,378
2,370,457
—
2,605,835
Israel
5,106,392
1,365,443
—
6,471,835
Italy
656,271
14,092,060
—
14,748,331
Ivory
Coast
1,751,620
148,316
—
1,899,936
Japan
1,910,341
129,681,984
—
131,592,325
Liechtenstein
723,049
—
—
723,049
Luxembourg
100,541
—
—
100,541
Malaysia
1,218
545,499
—
546,717
Malta
138,365
—
—
138,365
Mauritius
39,567
—
—
39,567
Mexico
98,436
—
—
98,436
Monaco
40,118
—
—
40,118
Netherlands
2,356,632
16,197,579
—
18,554,211
New
Zealand
138,754
298,781
—
437,535
Norway
2,779,924
2,660,716
—
5,440,640
Peru
52,341
35,909
—
88,250
Philippines
67,829
26,233
—
94,062
Poland
1,577,646
162,756
—
1,740,402
Portugal
—
1,060,687
—
1,060,687
Singapore
134,798
9,842,059
—
9,976,857
South
Africa
632,472
955,678
—
1,588,150
South
Korea
772,206
28,358,642
833
29,131,681
Spain
—
21,570,555
—
21,570,555
Sweden
664,503
13,155,261
—
13,819,764
Switzerland
1,490,580
38,247,979
—
39,738,559
Taiwan
258,597
4,110,552
—
4,369,149
Thailand
1,440,626
1,974,638
—
3,415,264
United
Arab
Emirates
313,531
159,982
—
473,513
United
Kingdom
18,619,121
31,131,342
—
49,750,463
United
States
11,508,643
2,376,655
—
13,885,298
Vietnam
52,859
—
—
52,859
Total
Common
Stock
118,783,783
455,210,246
833
573,994,862
Exchange-Traded
Funds
1,308,505
—
—
1,308,505
Preferred
Stock
—
960,455
—
960,455
PORTFOLIO
OF
INVESTMENTS
as
of
July
31,
2026
(Unaudited)
(continued)
Voya
Multi-Manager
International
Small
Cap
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
Short-Term
Investments
$
3,438,425
$
4,856,959
$
—
$
8,295,384
Total
Investments,
at
fair
value
$
123,530,713
$
461,027,660
$
833
$
584,559,206
Liabilities
Table
Other
Financial
Instruments+
Forward
Foreign
Currency
Contracts
$
—
$
(375)
$
—
$
(375)
Total
Liabilities
$
—
$
(375)
$
—
$
(375)
#
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
Small
Cap
Fund:
Currency
Purchased
Currency
Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
CAD
514,415
ZAR
6,064,806
Brown
Brothers
Harriman
&
Co.
08/04/26
$
(137)
USD
28,270
AUD
40,515
Standard
Chartered
Bank
08/04/26
(238)
$
(375)
Currency
Abbreviations:
AUD
—
Australian
Dollar
CAD
—
Canadian
Dollar
GBP
—
British
Pound
USD
—
United
States
Dollar
ZAR
—
South
African
Rand
Net
unrealized
appreciation
consisted
of:
Gross
Unrealized
Appreciation
$
107,376,416
Gross
Unrealized
Depreciation
(23,726,269)
Net
Unrealized
Appreciation
$
83,650,147