Voya Intermediate Bond Fund Class I (IICIX) NPORT-P Voya Short Duration High Income Fund (Jun 2023 report)

PORTFOLIO

OF

INVESTMENTS

as

of

June

30,

2023

(Unaudited)

1

Voya

Short

Duration

High

Income

Fund

Principal

Amount

†

RA

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES

:

96.8%

Basic

Materials

:

4.4%

500,000 

(1)

Cleveland-Cliffs,

Inc.,

6.750%,

03/15/2026

$

505,743

1.5

500,000 

(1)

INEOS

Finance

PLC,

6.750%,

05/15/2028

480,741

1.5

500,000 

(1)

SCIL

IV

LLC

/

SCIL

USA

Holdings

LLC,

5.375%,

11/01/2026

456,311

1.4

1,442,795

4.4

Communications

:

21.0%

100,000 

AMC

Networks,

Inc.,

5.000%,

04/01/2024

98,541

0.3

1,000,000 

(1)

Connect

Finco

Sarl

/

Connect

US

Finco

LLC,

6.750%,

10/01/2026

972,216

3.0

500,000 

(1)

CSC

Holdings

LLC,

11.250%,

05/15/2028

485,458

1.5

500,000 

(1)

Directv

Financing

LLC

/

Directv

Financing

Co-

Obligor,

Inc.,

5.875%,

08/15/2027

453,405

1.4

1,000,000 

(1)

DISH

DBS

Corp.,

5.250%,

12/01/2026

804,047

2.4

500,000 

(1)

DISH

Network

Corp.,

11.750%,

11/15/2027

488,521

1.5

400,000 

(1)

Gen

Digital,

Inc.,

6.750%,

09/30/2027

399,308

1.2

900,000 

(1)

Millennium

Escrow

Corp.,

6.625%,

08/01/2026

663,445

2.0

250,000 

Sprint

LLC,

7.625%,

02/15/2025

255,591

0.8

1,000,000 

Sprint

LLC,

7.875%,

09/15/2023

1,003,315

3.0

500,000 

(1)

Townsquare

Media,

Inc.,

6.875%,

02/01/2026

478,603

1.5

300,000 

(1)

Uber

Technologies,

Inc.,

7.500%,

05/15/2025

303,948

0.9

250,000 

(1)

Uber

Technologies,

Inc.,

8.000%,

11/01/2026

255,072

0.8

250,000 

(1)

Univision

Communications,

Inc.,

6.625%,

06/01/2027

242,020

0.7

6,903,490

21.0

Consumer,

Cyclical

:

15.6%

500,000 

(1)

Delta

Air

Lines,

Inc.,

7.000%,

05/01/2025

511,022

1.6

500,000 

Goodyear

Tire

&

Rubber

Co.,

9.500%,

05/31/2025

511,736

1.6

200,000 

MGM

Resorts

International,

6.750%,

05/01/2025

200,641

0.6

800,000 

(1)

Mileage

Plus

Holdings

LLC

/

Mileage

Plus

Intellectual

Property

Assets

Ltd.,

6.500%,

06/20/2027

802,717

2.4

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Consumer,

Cyclical:

(continued)

700,000 

(1)

SeaWorld

Parks

&

Entertainment,

Inc.,

8.750%,

05/01/2025

$

711,280

2.2

500,000 

(1)

Six

Flags

Theme

Parks,

Inc.,

7.000%,

07/01/2025

502,949

1.5

150,000 

(1)

Taylor

Morrison

Communities,

Inc.

/

Taylor

Morrison

Holdings

II,

Inc.,

5.625%,

03/01/2024

149,010

0.4

500,000 

(1)

VistaJet

Malta

Finance

PLC

/

Vista

Management

Holding,

Inc.,

7.875%,

05/01/2027

449,687

1.4

700,000 

(1)

VistaJet

Malta

Finance

PLC

/

Vista

Management

Holding,

Inc.,

9.500%,

06/01/2028

643,353

2.0

250,000 

(1)

Wynn

Las

Vegas

LLC

/

Wynn

Las

Vegas

Capital

Corp.,

5.500%,

03/01/2025

246,229

0.7

400,000 

(1)

ZF

North

America

Capital,

Inc.,

6.875%,

04/14/2028

405,474

1.2

5,134,098

15.6

Consumer,

Non-cyclical

:

8.7%

700,000 

(1)

Albion

Financing

2SARL,

8.750%,

04/15/2027

650,454

2.0

250,000 

HCA,

Inc.,

5.375%,

02/01/2025

247,942

0.8

750,000 

(1)

Legends

Hospitality

Holding

Co

LLC

/

Legends

Hospitality

Co-Issuer,

Inc.,

5.000%,

02/01/2026

676,039

2.1

500,000 

(1)

Mobius

Merger

Sub,

Inc.,

9.000%,

06/01/2030

439,337

1.3

1,000,000 

(1)

RP

Escrow

Issuer

LLC,

5.250%,

12/15/2025

738,760

2.2

100,000 

(1)

Shift4

Payments

LLC

/

Shift4

Payments

Finance

Sub,

Inc.,

4.625%,

11/01/2026

93,877

0.3

2,846,409

8.7

Energy

:

14.3%

500,000 

(1)

CVR

Energy,

Inc.,

5.250%,

02/15/2025

482,650

1.5

500,000 

(1)

Delek

Logistics

Partners

L.P.

/

Delek

Logistics

Finance

Corp.,

7.125%,

06/01/2028

463,746

1.4

PORTFOLIO

OF

INVESTMENTS

as

of

June

30,

2023

(Unaudited)

(continued)

2

Voya

Short

Duration

High

Income

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Energy:

(continued)

100,000 

(1)

Holly

Energy

Partners

L.P.

/

Holly

Energy

Finance

Corp.,

6.375%,

04/15/2027

$

98,886

0.3

800,000 

(1)

Martin

Midstream

Partners

L.P.

/

Martin

Midstream

Finance

Corp.,

11.500%,

02/15/2028

772,568

2.3

1,000,000 

(1)

New

Fortress

Energy,

Inc.,

6.500%,

09/30/2026

895,766

2.7

500,000 

(1)

New

Fortress

Energy,

Inc.,

6.750%,

09/15/2025

469,565

1.4

250,000 

PBF

Holding

Co.

LLC

/

PBF

Finance

Corp.,

7.250%,

06/15/2025

249,790

0.8

1,100,000 

(1)

Sunnova

Energy

Corp.,

5.875%,

09/01/2026

1,006,388

3.1

250,000 

(1)

Venture

Global

LNG,

Inc.,

8.125%,

06/01/2028

254,189

0.8

4,693,548

14.3

Financial

:

21.5%

500,000 

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust,

6.500%,

07/15/2025

502,798

1.5

500,000 

Air

Lease

Corp.,

5.850%,

12/15/2027

499,805

1.5

250,000 

(1)

Avolon

Holdings

Funding

Ltd.,

6.375%,

05/04/2028

247,551

0.8

625,000 

(1)

Bread

Financial

Holdings,

Inc.,

7.000%,

01/15/2026

589,912

1.8

400,000 

(1)

Castlelake

Aviation

Finance

DAC,

5.000%,

04/15/2027

354,572

1.1

250,000 

(1)

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC,

3.375%,

06/15/2026

224,320

0.7

250,000 

(1)

Iron

Mountain,

Inc.,

7.000%,

02/15/2029

250,691

0.8

900,000 

(1)

LD

Holdings

Group

LLC,

6.500%,

11/01/2025

711,270

2.2

750,000 

(1)

Macquarie

Airfinance

Holdings

Ltd.,

8.375%,

05/01/2028

761,227

2.3

500,000 

Navient

Corp.,

6.125%,

03/25/2024

496,538

1.5

500,000 

Navient

Corp.,

9.375%,

07/25/2030

497,775

1.5

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Financial:

(continued)

500,000 

(1)

Park

Intermediate

Holdings

LLC

/

PK

Domestic

Property

LLC

/

PK

Finance

Co-Issuer,

7.500%,

06/01/2025

$

500,550

1.5

250,000 

(1)

PennyMac

Financial

Services,

Inc.,

5.375%,

10/15/2025

236,514

0.7

250,000 

(1)

RHP

Hotel

Properties

L.P.

/

RHP

Finance

Corp.,

7.250%,

07/15/2028

252,782

0.8

500,000 

SLM

Corp.,

4.200%,

10/29/2025

465,046

1.4

500,000 

(1)

United

Wholesale

Mortgage

LLC,

5.500%,

11/15/2025

476,314

1.4

7,067,665

21.5

Industrial

:

5.1%

400,000 

(1)

Fortress

Transportation

and

Infrastructure

Investors

LLC,

9.750%,

08/01/2027

413,468

1.3

750,000 

(1)

Spirit

AeroSystems,

Inc.,

7.500%,

04/15/2025

742,065

2.3

500,000 

(1)

WESCO

Distribution,

Inc.,

7.125%,

06/15/2025

505,718

1.5

1,661,251

5.1

Technology

:

3.2%

586,000 

(1)

Consensus

Cloud

Solutions,

Inc.,

6.000%,

10/15/2026

532,322

1.6

150,000 

(1)

Consensus

Cloud

Solutions,

Inc.,

6.500%,

10/15/2028

128,385

0.4

500,000 

(1)

Veritas

US,

Inc.

/

Veritas

Bermuda

Ltd.,

7.500%,

09/01/2025

406,418

1.2

1,067,125

3.2

Utilities

:

3.0%

500,000 

(1)

AmeriGas

Partners

L.P.

/

AmeriGas

Finance

Corp.,

9.375%,

06/01/2028

508,280

1.5

500,000 

(1)

Calpine

Corp.,

5.250%,

06/01/2026

483,300

1.5

991,580

3.0

Total

Corporate

Bonds/

Notes

(Cost

$31,843,166)

31,807,961

96.8

Total

Long-Term

Investments

(Cost

$31,843,166)

31,807,961

96.8

PORTFOLIO

OF

INVESTMENTS

as

of

June

30,

2023

(Unaudited)

(continued)

3

Voya

Short

Duration

High

Income

Fund

Shares

RA

Value

Percentage

of

Net

Assets

SHORT-TERM

INVESTMENTS

:

1.3%

Mutual

Funds:

1.3%

412,102 

(2)

BlackRock

Liquidity

Funds,

FedFund,

Institutional

Class,

4.999%

(Cost

$412,102)

$

412,102

1.3

Total

Short-Term

Investments

(Cost

$412,102)

412,102

1.3

Total

Investments

in

Securities

(Cost

$32,255,268)

$

32,220,063

98.1

Assets

in

Excess

of

Other

Liabilities

632,995

1.9

Net

Assets

$

32,853,058

100.0

†

Unless

otherwise

indicated,

principal

amount

is

shown

in

USD.

(1)

Securities

with

purchases

pursuant

to

Rule

144A

or

section

4(a)(2),

under

the

Securities

Act

of

1933

and

may

not

be

resold

subject

to

that

rule

except

to

qualified

institutional

buyers.

(2)

Rate

shown

is

the

7-day

yield

as

of

June

30,

2023.

PORTFOLIO

OF

INVESTMENTS

as

of

June

30,

2023

(Unaudited)

(continued)

4

Voya

Short

Duration

High

Income

Fund

Fair

Value

Measurements

The

following

is

a

summary

of

the

fair

valuations

according

to

the

inputs

used

as

of

June

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

June

30,

2023

Asset

Table

Investments,

at

fair

value

Corporate

Bonds/Notes

$

—

$

31,807,961

$

—

$

31,807,961

Short-Term

Investments

412,102

—

—

412,102

Total

Investments,

at

fair

value

$

412,102

$

31,807,961

$

—

$

32,220,063

Net

unrealized

depreciation

consisted

of:

Gross

Unrealized

Appreciation

$

319,598

Gross

Unrealized

Depreciation

(354,804)

Net

Unrealized

Depreciation

$

(35,206)