PORTFOLIO
OF
INVESTMENTS
as
of
September
30,
2023
(Unaudited)
1
Voya
Index
Plus
MidCap
Portfolio
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
98.6%
Communication
Services
:
1.7%
1,410
Cable
One,
Inc.
$
868,052
0.2
52,278
Iridium
Communications,
Inc.
2,378,126
0.5
6,946
New
York
Times
Co.
- Class
A
286,175
0.1
1,489
Nexstar
Media
Group,
Inc.
213,478
0.0
4,528
(1)
Spotify
Technology
SA
700,210
0.2
95,856
TEGNA,
Inc.
1,396,622
0.3
6,770
(1)
Trade
Desk,
Inc.
- Class
A
529,076
0.1
19,632
(1)
TripAdvisor,
Inc.
325,499
0.1
63,761
(1)
ZoomInfo
Technologies,
Inc.
1,045,680
0.2
7,742,918
1.7
Consumer
Discretionary
:
14.5%
41,115
ADT,
Inc.
246,690
0.1
61,015
Aramark
2,117,220
0.5
12,439
(1)
AutoNation,
Inc.
1,883,265
0.4
31,556
BorgWarner,
Inc.
1,273,916
0.3
43,665
Boyd
Gaming
Corp.
2,656,142
0.6
5,410
Brunswick
Corp.
427,390
0.1
5,732
(1)
Caesars
Entertainment,
Inc.
265,678
0.1
15,247
(1)(2)
Chewy,
Inc.
- Class
A
278,410
0.1
36,133
(1)
Coupang,
Inc.
614,261
0.1
20,733
(1)
Crocs,
Inc.
1,829,273
0.4
5,052
(1)
Deckers
Outdoor
Corp.
2,597,183
0.6
9,706
Dick's
Sporting
Goods,
Inc.
1,053,877
0.2
8,248
DR
Horton,
Inc.
886,413
0.2
17,620
(1)
Five
Below,
Inc.
2,835,058
0.6
15,278
(1)(2)
GameStop
Corp.
- Class
A
251,476
0.1
37,788
Gap,
Inc.
401,686
0.1
118,989
Gentex
Corp.
3,871,902
0.9
3,545
Genuine
Parts
Co.
511,827
0.1
1,700
Graham
Holdings
Co.
- Class
B
991,100
0.2
11,993
(1)
Grand
Canyon
Education,
Inc.
1,401,742
0.3
28,986
H&R
Block,
Inc.
1,248,137
0.3
49,014
Harley-Davidson,
Inc.
1,620,403
0.4
47,352
(1)
Hilton
Grand
Vacations,
Inc.
1,927,226
0.4
17,470
KB
Home
808,512
0.2
30,122
Kohl's
Corp.
631,357
0.1
23,523
Lear
Corp.
3,156,787
0.7
10,107
Leggett
&
Platt,
Inc.
256,819
0.1
3,082
(1)
Light
&
Wonder,
Inc.
219,839
0.0
934
Lithia
Motors,
Inc.
275,838
0.1
27,463
LKQ
Corp.
1,359,693
0.3
130,277
Macy's,
Inc.
1,512,516
0.3
2,226
Marriott
Vacations
Worldwide
Corp.
224,002
0.0
86,467
(1)
Mattel,
Inc.
1,904,868
0.4
32,591
MGM
Resorts
International
1,198,045
0.3
94,138
(2)
Nordstrom,
Inc.
1,406,422
0.3
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Consumer
Discretionary:
(continued)
45
(1)
NVR,
Inc.
$
268,348
0.1
19,269
(1)
Ollie's
Bargain
Outlet
Holdings,
Inc.
1,487,181
0.3
75,289
(1)
Penn
Entertainment,
Inc.
1,727,883
0.4
8,009
(1)
Planet
Fitness,
Inc.
- Class
A
393,883
0.1
11,561
PVH
Corp.
884,532
0.2
6,825
Ralph
Lauren
Corp.
792,314
0.2
20,574
Tapestry,
Inc.
591,502
0.1
65,300
(1)
Taylor
Morrison
Home
Corp.
2,782,433
0.6
10,428
(1)
TopBuild
Corp.
2,623,685
0.6
51,595
Travel
+
Leisure
Co.
1,895,084
0.4
181,588
(1)
Under
Armour,
Inc.
- Class
A
1,243,878
0.3
119,904
Wendy's
Co.
2,447,241
0.5
13,804
Williams-Sonoma,
Inc.
2,145,142
0.5
3,377
Wingstop,
Inc.
607,320
0.1
8,253
Wynn
Resorts
Ltd.
762,660
0.2
64,798,059
14.5
Consumer
Staples
:
4.3%
65,387
(1)
BellRing
Brands,
Inc.
2,695,906
0.6
4,380
(1)
BJ's
Wholesale
Club
Holdings,
Inc.
312,601
0.1
1,713
(1)
Boston
Beer
Co.,
Inc.
- Class
A
667,265
0.1
804
Casey's
General
Stores,
Inc.
218,302
0.0
11,906
(1)
Celsius
Holdings,
Inc.
2,043,069
0.5
2,919
Coca-Cola
Consolidated,
Inc.
1,857,418
0.4
44,234
(1)
Darling
Ingredients,
Inc.
2,309,015
0.5
11,547
Flowers
Foods,
Inc.
256,112
0.1
17,621
Ingredion,
Inc.
1,733,906
0.4
60,544
(1)
Performance
Food
Group
Co.
3,563,620
0.8
105
Seaboard
Corp.
394,065
0.1
81,294
(1)
US
Foods
Holding
Corp.
3,227,372
0.7
19,278,651
4.3
Energy
:
5.2%
25,127
(1)
Antero
Resources
Corp.
637,723
0.1
46,633
Baker
Hughes
Co.
1,647,078
0.4
76,726
ChampionX
Corp.
2,732,980
0.6
9,112
Chord
Energy
Corp.
1,476,782
0.3
59,165
(1)
CNX
Resources
Corp.
1,335,946
0.3
8,853
Coterra
Energy,
Inc.
239,474
0.1
6,774
Diamondback
Energy,
Inc.
1,049,157
0.2
8,169
DT
Midstream,
Inc.
432,304
0.1
9,712
EQT
Corp.
394,113
0.1
238,422
Equitrans
Midstream
Corp.
2,234,014
0.5
10,440
HF
Sinclair
Corp.
594,349
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
September
30,
2023
(Unaudited)
(continued)
2
Voya
Index
Plus
MidCap
Portfolio
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Energy:
(continued)
29,732
Matador
Resources
Co.
$
1,768,459
0.4
44,805
Murphy
Oil
Corp.
2,031,907
0.5
23,644
New
Fortress
Energy,
Inc.
775,050
0.2
13,043
Ovintiv,
Inc.
620,456
0.1
35,508
PBF
Energy,
Inc.
- Class
A
1,900,743
0.4
70,693
Range
Resources
Corp.
2,291,160
0.5
101,071
(1)
Southwestern
Energy
Co.
651,908
0.2
2,374
(1)
Weatherford
International
PLC
214,443
0.1
23,028,046
5.2
Financials
:
14.3%
18,907
Affiliated
Managers
Group,
Inc.
2,464,338
0.5
35,390
Ally
Financial,
Inc.
944,205
0.2
15,777
American
Financial
Group,
Inc.
1,761,818
0.4
3,745
Ameriprise
Financial,
Inc.
1,234,652
0.3
19,763
Annaly
Capital
Management,
Inc.
371,742
0.1
6,953
Assured
Guaranty
Ltd.
420,796
0.1
15,136
Axis
Capital
Holdings
Ltd.
853,216
0.2
53,580
Bank
OZK
1,986,211
0.4
27,436
Citizens
Financial
Group,
Inc.
735,285
0.2
87,365
CNO
Financial
Group,
Inc.
2,073,171
0.5
46,045
Commerce
Bancshares,
Inc.
2,209,239
0.5
41,174
East
West
Bancorp,
Inc.
2,170,282
0.5
21,512
Equitable
Holdings,
Inc.
610,726
0.1
4,171
Erie
Indemnity
Co.
- Class
A
1,225,398
0.3
34,450
Essent
Group
Ltd.
1,629,140
0.4
9,609
Evercore,
Inc.
- Class
A
1,324,889
0.3
1,384
Everest
Re
Group
Ltd.
514,391
0.1
5,222
Fidelity
National
Financial,
Inc.
215,669
0.0
33,669
First
American
Financial
Corp.
1,901,962
0.4
39,183
First
Financial
Bankshares,
Inc.
984,277
0.2
38,376
First
Hawaiian,
Inc.
692,687
0.2
20,318
FNB
Corp.
219,231
0.0
61,091
Hancock
Whitney
Corp.
2,259,756
0.5
10,049
Hartford
Financial
Services
Group,
Inc.
712,575
0.2
10,025
International
Bancshares
Corp.
434,483
0.1
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Financials:
(continued)
29,695
Janus
Henderson
Group
PLC
$
766,725
0.2
27,172
Jefferies
Financial
Group,
Inc.
995,310
0.2
9,032
Kemper
Corp.
379,615
0.1
27,560
Loews
Corp.
1,744,824
0.4
3,320
MarketAxess
Holdings,
Inc.
709,285
0.2
148,864
MGIC
Investment
Corp.
2,484,540
0.6
17,217
OneMain
Holdings,
Inc.
690,229
0.2
28,006
Pinnacle
Financial
Partners,
Inc.
1,877,522
0.4
30,039
Prosperity
Bancshares,
Inc.
1,639,529
0.4
23,196
Reinsurance
Group
of
America,
Inc.
3,367,827
0.8
1,092
RenaissanceRe
Holdings
Ltd.
216,129
0.0
132,725
Rithm
Capital
Corp.
1,233,015
0.3
5,310
RLI
Corp.
721,576
0.2
72,838
SLM
Corp.
992,054
0.2
104,098
(2)
Starwood
Property
Trust,
Inc.
2,014,296
0.4
6,625
State
Street
Corp.
443,610
0.1
32,589
Stifel
Financial
Corp.
2,002,268
0.4
33,612
Synchrony
Financial
1,027,519
0.2
8,851
Tradeweb
Markets,
Inc.
- Class
A
709,850
0.2
32,100
UMB
Financial
Corp.
1,991,805
0.4
77,052
Unum
Group
3,790,188
0.8
4,418
Willis
Towers
Watson
PLC
923,185
0.2
34,586
Wintrust
Financial
Corp.
2,611,243
0.6
18,127
Zions
Bancorp
NA
632,451
0.1
63,914,734
14.3
Health
Care
:
8.5%
9,116
Agilent
Technologies,
Inc.
1,019,351
0.2
1,462
(1)
Alnylam
Pharmaceuticals,
Inc.
258,920
0.1
15,822
(1)
Arrowhead
Pharmaceuticals,
Inc.
425,137
0.1
24,644
Bruker
Corp.
1,535,321
0.3
5,231
Cardinal
Health,
Inc.
454,155
0.1
76,765
(1)
Doximity,
Inc.
- Class
A
1,628,953
0.4
136,015
(1)
Exelixis,
Inc.
2,971,928
0.7
34,673
(1)
Globus
Medical,
Inc.
- Class
A
1,721,515
0.4
13,750
(1)
Haemonetics
Corp.
1,231,725
0.3
35,631
(1)
Halozyme
Therapeutics,
Inc.
1,361,104
0.3
5,829
(1)
HealthEquity,
Inc.
425,809
0.1
26,362
(1)
Inari
Medical,
Inc.
1,724,075
0.4
16,732
(1)
Incyte
Corp.
966,608
0.2
2,979
(1)
Inspire
Medical
Systems,
Inc.
591,153
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
September
30,
2023
(Unaudited)
(continued)
3
Voya
Index
Plus
MidCap
Portfolio
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Health
Care:
(continued)
17,306
(1)
Jazz
Pharmaceuticals
PLC
$
2,240,089
0.5
30,980
(1)
Lantheus
Holdings,
Inc.
2,152,490
0.5
29,709
(1)
LivaNova
PLC
1,571,012
0.3
2,377
(1)
Masimo
Corp.
208,415
0.0
306
(1)
Mettler-Toledo
International,
Inc.
339,069
0.1
5,493
(1)
Molina
Healthcare,
Inc.
1,801,100
0.4
32,202
(1)
Neurocrine
Biosciences,
Inc.
3,622,725
0.8
62,770
Patterson
Cos.,
Inc.
1,860,503
0.4
3,202
(1)
Penumbra,
Inc.
774,596
0.2
46,264
(1)
Progyny,
Inc.
1,573,901
0.3
11,404
(1)
Shockwave
Medical,
Inc.
2,270,536
0.5
5,601
(1)
Tenet
Healthcare
Corp.
369,050
0.1
7,162
(1)
United
Therapeutics
Corp.
1,617,681
0.4
6,537
(1)
Veeva
Systems,
Inc.
- Class
A
1,329,953
0.3
38,046,874
8.5
Industrials
:
21.7%
16,685
Acuity
Brands,
Inc.
2,841,622
0.6
18,252
Advanced
Drainage
Systems,
Inc.
2,077,625
0.5
52,438
AECOM
4,354,452
1.0
6,623
AGCO
Corp.
783,368
0.2
2,375
Allegion
PLC
247,475
0.1
64,580
(1)
American
Airlines
Group,
Inc.
827,270
0.2
2,528
AMETEK,
Inc.
373,537
0.1
9,792
(1)
Avis
Budget
Group,
Inc.
1,759,524
0.4
42,366
(1)
Builders
FirstSource,
Inc.
5,274,143
1.2
4,312
Carlisle
Cos.,
Inc.
1,117,929
0.2
2,792
(1)
Chart
Industries,
Inc.
472,183
0.1
3,166
Cintas
Corp.
1,522,878
0.3
87,083
(1)
Clarivate
PLC
584,327
0.1
16,857
(1)
Clean
Harbors,
Inc.
2,821,188
0.6
45,377
(1)
Copart,
Inc.
1,955,295
0.4
39,407
(1)
Core
&
Main,
Inc.
- Class
A
1,136,892
0.3
9,647
(1)
CoStar
Group,
Inc.
741,758
0.2
1,545
Curtiss-Wright
Corp.
302,248
0.1
50,936
Donaldson
Co.,
Inc.
3,037,823
0.7
105,297
Dun
&
Bradstreet
Holdings,
Inc.
1,051,917
0.2
1,058
EMCOR
Group,
Inc.
222,593
0.0
18,671
EnerSys
1,767,584
0.4
5,072
Exponent,
Inc.
434,163
0.1
10,245
Flowserve
Corp.
407,444
0.1
8,144
(1)
Fluor
Corp.
298,885
0.1
23,682
Fortive
Corp.
1,756,257
0.4
44,357
Fortune
Brands
Innovations,
Inc.
2,757,231
0.6
2,023
(1)
FTI
Consulting,
Inc.
360,923
0.1
80,660
Genpact
Ltd.
2,919,892
0.7
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Industrials:
(continued)
51,587
Graco,
Inc.
$
3,759,661
0.8
28,174
(1)
GXO
Logistics,
Inc.
1,652,405
0.4
51,728
(1)
Hertz
Global
Holdings,
Inc.
633,668
0.1
7,042
Hubbell,
Inc.
2,207,033
0.5
10,958
Leidos
Holdings,
Inc.
1,009,889
0.2
852
Lennox
International,
Inc.
319,023
0.1
4,110
Lincoln
Electric
Holdings,
Inc.
747,157
0.2
3,156
ManpowerGroup,
Inc.
231,398
0.1
2,699
(1)
MasTec,
Inc.
194,247
0.0
24,960
MSC
Industrial
Direct
Co.,
Inc.
- Class
A
2,449,824
0.5
52,543
nVent
Electric
PLC
2,784,254
0.6
3,150
Otis
Worldwide
Corp.
252,977
0.1
34,381
Owens
Corning
4,689,912
1.0
3,757
Parker-Hannifin
Corp.
1,463,427
0.3
17,602
Pentair
PLC
1,139,729
0.3
16,398
Regal
Rexnord
Corp.
2,342,946
0.5
1,477
Rockwell
Automation,
Inc.
422,230
0.1
14,186
Rollins,
Inc.
529,563
0.1
6,427
Ryder
System,
Inc.
687,368
0.2
10,397
(1)
Saia,
Inc.
4,144,764
0.9
33,341
Schneider
National,
Inc.
- Class
B
923,212
0.2
27,120
Sensata
Technologies
Holding
PLC
1,025,678
0.2
17,593
SS&C
Technologies
Holdings,
Inc.
924,336
0.2
37,546
Terex
Corp.
2,163,401
0.5
40,707
Timken
Co.
2,991,557
0.7
3,296
Toro
Co.
273,898
0.1
5,447
TransUnion
391,040
0.1
8,569
(1)
U-Haul
Holding
Co.
467,610
0.1
765
United
Rentals,
Inc.
340,096
0.1
8,205
(2)
Watsco,
Inc.
3,099,193
0.7
14,363
Watts
Water
Technologies,
Inc.
- Class
A
2,482,214
0.6
13,834
WESCO
International,
Inc.
1,989,606
0.4
7,278
(1)
WillScot
Mobile
Mini
Holdings
Corp.
302,692
0.1
21,840
Woodward,
Inc.
2,713,838
0.6
952
WW
Grainger,
Inc.
658,632
0.1
96,616,904
21.7
Information
Technology
:
11.4%
70,262
(1)
ACI
Worldwide,
Inc.
1,585,111
0.3
8,451
(1)
Akamai
Technologies,
Inc.
900,370
0.2
43,373
(1)
Allegro
MicroSystems,
Inc.
1,385,334
0.3
3,589
(1)
Arrow
Electronics,
Inc.
449,486
0.1
53,691
Avnet,
Inc.
2,587,369
0.6
40,551
(1)
Calix,
Inc.
1,858,858
0.4
11,870
(1)
Cirrus
Logic,
Inc.
877,905
0.2
40,509
Cognex
Corp.
1,719,202
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
September
30,
2023
(Unaudited)
(continued)
4
Voya
Index
Plus
MidCap
Portfolio
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Information
Technology:
(continued)
26,214
(1)
Coherent
Corp.
$
855,625
0.2
18,144
Concentrix
Corp.
1,453,516
0.3
8,972
(1)
DocuSign,
Inc.
376,824
0.1
63,387
(1)
Dropbox,
Inc.
- Class
A
1,726,028
0.4
46,017
(1)
Dynatrace,
Inc.
2,150,374
0.5
38,810
(1)
ExlService
Holdings,
Inc.
1,088,232
0.2
7,941
(1)
F5,
Inc.
1,279,613
0.3
27,659
(1)
GoDaddy,
Inc.
- Class
A
2,060,042
0.5
1,837
(1)
HubSpot,
Inc.
904,722
0.2
38,016
Jabil,
Inc.
4,823,850
1.1
6,421
(1)
Keysight
Technologies,
Inc.
849,562
0.2
14,937
(1)
Kyndryl
Holdings,
Inc.
225,549
0.0
45,132
(1)
Lattice
Semiconductor
Corp.
3,878,193
0.9
15,128
(1)
Manhattan
Associates,
Inc.
2,990,200
0.7
1,734
Monolithic
Power
Systems,
Inc.
801,108
0.2
13,237
National
Instruments
Corp.
789,190
0.2
12,901
NetApp,
Inc.
978,928
0.2
2,872
Paycom
Software,
Inc.
744,623
0.2
14,657
(1)
Paylocity
Holding
Corp.
2,663,177
0.6
31,140
(1)
Pure
Storage,
Inc.
- Class
A
1,109,207
0.2
11,620
(1)
RingCentral,
Inc.
- Class
A
344,301
0.1
1,721
(1)
SolarEdge
Technologies,
Inc.
222,887
0.0
10,542
(1)
Super
Micro
Computer,
Inc.
2,890,827
0.6
18,234
(1)
Teradata
Corp.
820,895
0.2
2,680
Teradyne,
Inc.
269,233
0.1
9,107
(1)
Trimble,
Inc.
490,503
0.1
17,484
Universal
Display
Corp.
2,744,813
0.6
50,895,657
11.4
Materials
:
6.7%
47,103
Alcoa
Corp.
1,368,813
0.3
24,332
AptarGroup,
Inc.
3,042,473
0.7
16,169
Ashland,
Inc.
1,320,684
0.3
56,266
Avient
Corp.
1,987,315
0.4
45,584
(1)
Axalta
Coating
Systems
Ltd.
1,226,210
0.3
26,359
Berry
Global
Group,
Inc.
1,631,886
0.4
57,496
Chemours
Co.
1,612,763
0.4
68,134
(1)
Cleveland-Cliffs,
Inc.
1,064,934
0.2
43,485
Commercial
Metals
Co.
2,148,594
0.5
2,610
Crown
Holdings,
Inc.
230,933
0.1
51,458
Element
Solutions,
Inc.
1,009,091
0.2
5,376
Greif,
Inc.
- Class
A
359,171
0.1
7,867
PPG
Industries,
Inc.
1,021,137
0.2
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Materials:
(continued)
18,108
Reliance
Steel
&
Aluminum
Co.
$
4,748,461
1.1
4,574
Royal
Gold,
Inc.
486,353
0.1
38,633
RPM
International,
Inc.
3,662,795
0.8
22,995
Sonoco
Products
Co.
1,249,778
0.3
4,979
Steel
Dynamics,
Inc.
533,848
0.1
15,119
United
States
Steel
Corp.
491,065
0.1
7,112
Worthington
Industries,
Inc.
439,664
0.1
29,635,968
6.7
Real
Estate
:
6.8%
30,493
Agree
Realty
Corp.
1,684,433
0.4
130,008
Brixmor
Property
Group,
Inc.
2,701,566
0.6
3,286
(1)
CBRE
Group,
Inc.
- Class
A
242,704
0.1
84,305
CubeSmart
3,214,550
0.7
19,674
EastGroup
Properties,
Inc.
3,276,311
0.7
4,147
Equity
LifeStyle
Properties,
Inc.
264,205
0.1
64,846
First
Industrial
Realty
Trust,
Inc.
3,086,021
0.7
9,119
Gaming
and
Leisure
Properties,
Inc.
415,371
0.1
66,895
Highwoods
Properties,
Inc.
1,378,706
0.3
16,985
(1)
Jones
Lang
LaSalle,
Inc.
2,397,942
0.5
71,235
Kilroy
Realty
Corp.
2,251,738
0.5
34,519
Lamar
Advertising
Co.
- Class
A
2,881,301
0.6
87,022
National
Retail
Properties,
Inc.
3,075,358
0.7
4,887
Rexford
Industrial
Realty,
Inc.
241,174
0.1
65,489
Spirit
Realty
Capital,
Inc.
2,195,846
0.5
31,263
VICI
Properties,
Inc.
909,753
0.2
30,216,979
6.8
Utilities
:
3.5%
21,921
ALLETE,
Inc.
1,157,429
0.3
28,507
Black
Hills
Corp.
1,442,169
0.3
2,867
DTE
Energy
Co.
284,636
0.1
16,646
Edison
International
1,053,525
0.2
51,499
National
Fuel
Gas
Co.
2,673,313
0.6
17,976
NorthWestern
Corp.
863,927
0.2
17,667
OGE
Energy
Corp.
588,841
0.1
37,029
ONE
Gas,
Inc.
2,528,340
0.6
14,059
(1)
PG&E
Corp.
226,772
0.0
3,766
Pinnacle
West
Capital
Corp.
277,479
0.1
6,798
Southwest
Gas
Holdings,
Inc.
410,667
0.1
99,875
UGI
Corp.
2,297,125
0.5
26,295
Vistra
Corp.
872,468
0.2
PORTFOLIO
OF
INVESTMENTS
as
of
September
30,
2023
(Unaudited)
(continued)
5
Voya
Index
Plus
MidCap
Portfolio
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Utilities:
(continued)
18,956
Xcel
Energy,
Inc.
$
1,084,662
0.2
15,761,353
3.5
Total
Common
Stock
(Cost
$422,573,140)
439,936,143
98.6
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
2.3%
Repurchase
Agreements
:
1.0%
1,095,654
(3)
Bethesda
Securities
LLC,
Repurchase
Agreement
dated
09/29/2023,
5.390%,
due
10/02/2023
(Repurchase
Amount
$1,096,139,
collateralized
by
various
U.S.
Government
Agency
Obligations,
3.062%-
6.000%,
Market
Value
plus
accrued
interest
$1,117,567,
due
08/01/28-07/01/53)
1,095,654
0.2
1,118,014
(3)
Citigroup
Global
Markets
Inc.,
Repurchase
Agreement
dated
09/29/2023,
5.300%,
due
10/02/2023
(Repurchase
Amount
$1,118,501,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
0.000%-
7.087%,
Market
Value
plus
accrued
interest
$1,140,374,
due
08/05/25-05/20/72)
1,118,014
0.2
250,769
(3)
Daiwa
Capital
Markets,
Repurchase
Agreement
dated
09/29/2023,
5.320%,
due
10/02/2023
(Repurchase
Amount
$250,879,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
0.000%-
7.000%,
Market
Value
plus
accrued
interest
$255,800,
due
01/31/24-10/01/53)
250,769
0.1
Principal
Amount†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS:
(continued)
Repurchase
Agreements
(continued)
1,095,654
(3)
Industrial
&
Comm.
Bank
of
China,
Repurchase
Agreement
dated
09/29/2023,
5.330%,
due
10/02/2023
(Repurchase
Amount
$1,096,134,
collateralized
by
various
U.S.
Government
Securities,
0.000%-
7.500%,
Market
Value
plus
accrued
interest
$1,117,567,
due
10/31/23-02/15/53)
$
1,095,654
0.2
1,118,014
(3)
National
Bank
Financial,
Repurchase
Agreement
dated
09/29/2023,
5.340%,
due
10/02/2023
(Repurchase
Amount
$1,118,505,
collateralized
by
various
U.S.
Government
Securities,
0.000%-
4.750%,
Market
Value
plus
accrued
interest
$1,140,374,
due
10/02/23)
1,118,014
0.3
Total
Repurchase
Agreements
(Cost
$4,678,105)
4,678,105
1.0
Shares
RA
Value
Percentage
of
Net
Assets
Mutual
Funds
:
1.3%
5,615,000
(4)
Morgan
Stanley
Institutional
Liquidity
Funds
-
Government
Portfolio
(Institutional
Share
Class),
5.270%
(Cost
$5,615,000)
$
5,615,000
1.3
Total
Short-Term
Investments
(Cost
$10,293,105)
10,293,105
2.3
Total
Investments
in
Securities
(Cost
$432,866,245)
$
450,229,248
100.9
Liabilities
in
Excess
of
Other
Assets
(4,067,449)
(0.9)
Net
Assets
$
446,161,799
100.0
PORTFOLIO
OF
INVESTMENTS
as
of
September
30,
2023
(Unaudited)
(continued)
6
Voya
Index
Plus
MidCap
Portfolio
†
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)
All
or
a
portion
of
the
security
represents
securities
purchased
with
cash
collateral
received
for
securities
on
loan.
(4)
Rate
shown
is
the
7-day
yield
as
of
September
30,
2023.
PORTFOLIO
OF
INVESTMENTS
as
of
September
30,
2023
(Unaudited)
(continued)
7
Voya
Index
Plus
MidCap
Portfolio
Fair
Value
Measurements
The
following
is
a
summary
of
the
fair
valuations
according
to
the
inputs
used
as
of
September
30,
2023
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
September
30,
2023
Asset
Table
Investments,
at
fair
value
Common
Stock*
$
439,936,143
$
—
$
—
$
439,936,143
Short-Term
Investments
5,615,000
4,678,105
—
10,293,105
Total
Investments,
at
fair
value
$
445,551,143
$
4,678,105
$
—
$
450,229,248
Liabilities
Table
Other
Financial
Instruments+
Futures
$
(165,429)
$
—
$
—
$
(165,429)
Total
Liabilities
$
(165,429)
$
—
$
—
$
(165,429)
*
For
further
breakdown
of
Common
Stock
by
sector,
please
refer
to
the
Portfolio
of
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
September
30,
2023,
the
following
futures
contracts
were
outstanding
for
Voya
Index
Plus
MidCap
Portfolio:
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Unrealized
Depreciation
Long
Contracts:
S&P
Mid
400
E-Mini
Index
20
12/15/23
$
5,040,800
$
(165,429)
$
5,040,800
$
(165,429)
Net
unrealized
appreciation
consisted
of:
Gross
Unrealized
Appreciation
$
52,108,190
Gross
Unrealized
Depreciation
(34,745,187)
Net
Unrealized
Appreciation
$
17,363,003