Voya Intermediate Bond Fund Class I (IICIX) NPORT-P Voya Strategic Income Opportunities Fund (Dec 2024 report)

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

1

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount

†

RA

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS

:

25.1%

166,493 

(1)

Adjustable

Rate

Mortgage

Trust

2006-2

1A1,

4.782%,

05/25/2036

$

144,519

0.0

861,173 

(1)(2)

Agate

Bay

Mortgage

Trust

2015-2

B3,

3.618%,

03/25/2045

776,368

0.0

475,938 

(1)(2)

Agate

Bay

Mortgage

Trust

2015-4

B3,

3.498%,

06/25/2045

369,154

0.0

1,269,677 

(1)(2)

Agate

Bay

Mortgage

Trust

2016-1

B3,

3.639%,

12/25/2045

1,074,069

0.1

1,000,000 

(1)(2)

Agate

Bay

Mortgage

Trust

2016-1

B4,

3.639%,

12/25/2045

732,808

0.0

1,137,085 

(1)(2)

Agate

Bay

Mortgage

Trust

2016-2

B4,

3.760%,

03/25/2046

838,170

0.0

3,089,000 

(1)(2)

Ajax

Mortgage

Loan

Trust

2019-D

A2,

3.500%,

09/25/2065

2,833,691

0.1

4,234,000 

(1)(2)

Ajax

Mortgage

Loan

Trust

2019-F

A2,

3.500%,

07/25/2059

3,959,301

0.2

269,570 

(1)

Alternative

Loan

Trust

2004-J7

M1,

4.793%,

(TSFR1M

+

1.134%),

10/25/2034

267,263

0.0

268,378 

(1)

Alternative

Loan

Trust

2005-10CB

1A2,

4.903%,

(TSFR1M

+

0.564%),

05/25/2035

202,730

0.0

271,646 

Alternative

Loan

Trust

2005-23CB

A15,

5.500%,

07/25/2035

218,603

0.0

17,461 

(1)

Alternative

Loan

Trust

2005-53T2

2A6,

4.953%,

(TSFR1M

+

0.614%),

11/25/2035

9,422

0.0

151,535 

(1)

Alternative

Loan

Trust

2005-J2

1A12,

4.853%,

(TSFR1M

+

0.514%),

04/25/2035

116,596

0.0

29,626 

Alternative

Loan

Trust

2006-13T1

A9,

6.000%,

05/25/2036

14,477

0.0

444,684 

(1)

Alternative

Loan

Trust

2006-18CB

A10,

4.853%,

(TSFR1M

+

0.514%),

07/25/2036

178,166

0.0

105,601 

(1)

Alternative

Loan

Trust

2006-19CB

A12,

4.853%,

(TSFR1M

+

0.514%),

08/25/2036

46,796

0.0

447,195 

(1)

Alternative

Loan

Trust

2006-19CB

A28,

5.053%,

(TSFR1M

+

0.714%),

08/25/2036

205,309

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

769,659 

Alternative

Loan

Trust

2006-27CB

A5,

6.000%,

11/25/2036

$

410,730

0.0

214,339 

(1)

Alternative

Loan

Trust

2006-HY11

A1,

4.693%,

(TSFR1M

+

0.354%),

06/25/2036

189,803

0.0

787,739 

Alternative

Loan

Trust

2007-15CB

A5,

5.750%,

07/25/2037

443,757

0.0

113,192 

(1)

Alternative

Loan

Trust

2007-2CB

2A1,

5.053%,

(TSFR1M

+

0.714%),

03/25/2037

47,067

0.0

145,275 

(1)

Alternative

Loan

Trust

2007-HY8C

A1,

4.773%,

(TSFR1M

+

0.434%),

09/25/2047

132,036

0.0

462,024 

(1)

Alternative

Loan

Trust

2007-OA4

A1,

4.793%,

(TSFR1M

+

0.454%),

05/25/2047

405,441

0.0

351,232 

(1)(2)

Arroyo

Mortgage

Trust

2019-3

A3,

3.416%,

10/25/2048

331,082

0.0

240,871 

(1)

Banc

of

America

Funding

Trust

2007-

2

1A16,

5.053%,

(TSFR1M

+

0.714%),

03/25/2037

179,028

0.0

1,133,184 

(1)

Banc

of

America

Funding

Trust

2007-C

7A1,

4.905%,

(TSFR1M

+

0.534%),

05/20/2047

1,020,113

0.1

85,918 

(1)

Bear

Stearns

ALT-A

Trust

2005-3

4A3,

4.556%,

04/25/2035

83,241

0.0

355,796 

(1)

Bear

Stearns

ALT-A

Trust

2006-6

31A1,

4.692%,

11/25/2036

206,279

0.0

516,673 

(1)

Bear

Stearns

ALT-A

Trust

2006-6

32A1,

4.787%,

11/25/2036

266,063

0.0

69,917 

(1)

Bear

Stearns

Structured

Products,

Inc.

Trust

2007-R6

1A1,

5.514%,

01/26/2036

50,753

0.0

2,100,000 

(1)(2)

Bellemeade

RE

Ltd.

2021-3A

M1C,

6.119%,

(SOFR30A

+

1.550%),

09/25/2031

2,111,551

0.1

2,000,000 

(2)

Brean

Asset

Backed

Securities

Trust

2024-

RM9

A1,

5.000%,

09/25/2064

1,930,954

0.1

885,066 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

2019-1

B2,

3.868%,

03/25/2050

770,058

0.0

1,151,312 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

2019-1

B3,

3.868%,

03/25/2050

982,054

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

2

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

112,135 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

2019-

ATR2

A3,

3.500%,

07/25/2049

$

99,512

0.0

1,993,831 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

2024-8

B3,

7.135%,

08/25/2055

1,980,701

0.1

749,552 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

Series

2024-1

A9,

6.500%,

01/25/2055

753,276

0.0

2,318,000 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

Series

2024-11

B3,

6.614%,

11/25/2055

2,253,965

0.1

1,796,179 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

Series

2024-4

A9,

6.000%,

03/25/2055

1,784,783

0.1

2,566,757 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

Series

2024-4

B2,

6.207%,

03/25/2055

2,499,081

0.1

1,806,823 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

Series

2024-4

B3,

6.207%,

03/25/2055

1,724,843

0.1

993,883 

(1)(2)

Chase

Home

Lending

Mortgage

Trust

Series

2024-6

B3,

7.117%,

05/25/2055

1,009,637

0.1

236,923 

(1)

Chase

Mortgage

Finance

Trust

Series

2006-A1

2A3,

5.720%,

09/25/2036

203,536

0.0

203,207 

(1)

CHL

Mortgage

Pass-

Through

Trust

2005-

HYB9

2A1,

7.210%,

(TSFR12M

+

2.465%),

02/20/2036

183,390

0.0

1,539,451 

(1)(2)

CHNGE

Mortgage

Trust

2022-1

A1,

3.007%,

01/25/2067

1,427,467

0.1

93,268 

(1)(2)

CIM

Trust

2019-INV1

A1,

4.000%,

02/25/2049

88,050

0.0

128,502 

(1)(2)

CIM

Trust

2019-INV2

A3,

4.000%,

05/25/2049

118,879

0.0

141,046 

(1)(2)

CIM

Trust

2019-

INV3

A15,

3.500%,

08/25/2049

125,507

0.0

211,569 

(1)(2)

CIM

Trust

2019-INV3

A3,

3.500%,

08/25/2049

188,261

0.0

1,474,949 

(1)(2)

CIM

Trust

2019-J1

B3,

3.940%,

08/25/2049

1,311,263

0.1

2,843,154 

(1)(2)

CIM

Trust

2019-J2

B2,

3.762%,

10/25/2049

2,491,940

0.1

1,786,935 

(1)(2)

CIM

Trust

2019-J2

B3,

3.762%,

10/25/2049

1,556,019

0.1

1,161,584 

(1)(2)

CIM

Trust

2020-J2

B3,

2.754%,

01/25/2051

902,689

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

1,730,248 

(1)(2)

CIM

Trust

2021-J3

B3,

2.614%,

06/25/2051

$

1,312,530

0.1

350,321 

Citicorp

Mortgage

Securities

Trust

Series

2006-3

1A4,

6.000%,

06/25/2036

311,632

0.0

62,868 

(1)

Citigroup

Mortgage

Loan

Trust

2006-

AR2

1A1,

5.615%,

03/25/2036

48,152

0.0

26,180 

(1)

Citigroup

Mortgage

Loan

Trust

2006-AR9

2A,

5.990%,

11/25/2036

23,121

0.0

159,927 

(1)(2)

Citigroup

Mortgage

Loan

Trust

2015-A

B2,

4.500%,

06/25/2058

154,209

0.0

2,587,430 

(2)

Citigroup

Mortgage

Loan

Trust

2024-1

B3,

6.786%,

07/25/2054

2,553,863

0.1

1,406,707 

(2)

Citigroup

Mortgage

Loan

Trust

2024-CMI1

B2,

6.444%,

06/25/2054

1,375,448

0.1

36,309 

(1)

Citigroup

Mortgage

Loan

Trust,

Inc.

2005-4

A,

6.816%,

08/25/2035

35,973

0.0

155,358 

Citigroup

Mortgage

Loan

Trust,

Inc.

2005-

9

22A2,

6.000%,

11/25/2035

156,026

0.0

650,327 

(1)(2)

Connecticut

Avenue

Securities

Trust

2019-

R05

1B1,

8.783%,

(SOFR30A

+

4.214%),

07/25/2039

677,305

0.0

1,700,000 

(1)(2)

Connecticut

Avenue

Securities

Trust

2020-

SBT1

1M2,

8.333%,

(SOFR30A

+

3.764%),

02/25/2040

1,787,282

0.1

265,169 

CSMC

Mortgage-

Backed

Trust

2007-

2

3A6,

5.400%,

03/25/2037

118,926

0.0

386,474 

(1)(2)

CSMC

Trust

2013-

7

A11,

3.500%,

08/25/2043

348,006

0.0

241,729 

(1)(2)

CSMC

Trust

2017-

HL1

A12,

3.500%,

06/25/2047

215,054

0.0

1,252,647 

(1)(2)

CSMC

Trust

2019-

AFC1

A3,

3.877%,

07/25/2049

1,200,646

0.1

2,969,575 

(1)(2)

CSMC

Trust

2021-

AFC1

M1,

2.193%,

03/25/2056

1,775,724

0.1

4,750,049 

(2)

Deephaven

Residential

Mortgage

Trust

2022-2

A1,

4.300%,

03/25/2067

4,526,272

0.2

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

3

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

327,943 

(1)

Deutsche

Alt-B

Securities

Mortgage

Loan

Trust

Series

2007-AB1

A1,

4.753%,

(TSFR1M

+

0.414%),

04/25/2037

$

228,141

0.0

72,561 

(1)(2)

Deutsche

Mortgage

Securities,

Inc.

Re-REMIC

Trust

Certificates

Series

2007-WM1

A1,

4.496%,

06/27/2037

63,361

0.0

785,589 

(1)(2)

Ellington

Financial

Mortgage

Trust

2022-2

A1,

4.299%,

04/25/2067

763,408

0.0

3,540,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2020-R02

2B1,

7.683%,

(SOFR30A

+

3.114%),

01/25/2040

3,628,640

0.2

3,898,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2020-SBT1

2M2,

8.333%,

(SOFR30A

+

3.764%),

02/25/2040

4,095,046

0.2

750,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2022-R04

1B1,

9.819%,

(SOFR30A

+

5.250%),

03/25/2042

807,118

0.0

3,045,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2022-R05

2B2,

11.569%,

(SOFR30A

+

7.000%),

04/25/2042

3,330,960

0.2

1,000,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2023-R04

1B1,

9.910%,

(SOFR30A

+

5.350%),

05/25/2043

1,101,275

0.1

1,500,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2023-R05

1B1,

9.310%,

(SOFR30A

+

4.750%),

06/25/2043

1,636,727

0.1

6,400,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2023-R07

2M2,

7.810%,

(SOFR30A

+

3.250%),

09/25/2043

6,747,223

0.3

3,300,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2024-R03

2B1,

7.360%,

(SOFR30A

+

2.800%),

03/25/2044

3,397,613

0.2

2,500,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2024-R04

1B1,

6.769%,

(SOFR30A

+

2.200%),

05/25/2044

2,519,472

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

1,000,000 

(1)(2)

Fannie

Mae

Connecticut

Avenue

Securities

2024-R06

1B1,

6.619%,

(SOFR30A

+

2.050%),

09/25/2044

$

1,015,724

0.1

311,982 

(3)

Fannie

Mae

Interest

Strip

343

6,

5.000%,

10/25/2033

41,939

0.0

17,407,329 

(3)

Fannie

Mae

Interest

Strip

427

C13,

3.500%,

03/25/2037

1,928,452

0.1

14,565,385 

(3)

Fannie

Mae

Interest

Strip

427

C18,

3.500%,

03/25/2039

2,077,612

0.1

27,483,073 

(3)

Fannie

Mae

Interest

Strip

427

C38,

3.000%,

04/25/2049

5,377,492

0.3

3,961,243 

(3)

Fannie

Mae

Interest

Strip

429

141,

6.500%,

02/25/2053

943,155

0.0

1,252,773 

(3)

Fannie

Mae

Interest

Strip

429

142,

6.500%,

02/25/2053

291,760

0.0

484,125 

(3)

Fannie

Mae

Interest

Strip

429

143,

6.500%,

02/25/2053

109,362

0.0

278,381 

(3)

Fannie

Mae

Interest

Strip

429

144,

6.500%,

02/25/2053

62,719

0.0

37,877 

(1)(3)

Fannie

Mae

REMIC

Trust

2000-

26

SP,

3.817%,

(-1.000*SOFR30A

+

8.386%),

08/25/2030

2,934

0.0

53,453 

(1)(3)

Fannie

Mae

REMIC

Trust

2002-

13

SR,

1.917%,

(-1.000*SOFR30A

+

6.486%),

03/25/2032

1,833

0.0

795,016 

(1)(3)

Fannie

Mae

REMIC

Trust

2004-

53

UC,

2.867%,

(-1.000*SOFR30A

+

7.436%),

07/25/2034

76,777

0.0

62,829 

(1)(3)

Fannie

Mae

REMIC

Trust

2004-

64

SW,

2.367%,

(-1.000*SOFR30A

+

6.936%),

08/25/2034

4,117

0.0

48,060 

(1)(3)

Fannie

Mae

REMIC

Trust

2004-

66

SE,

1.817%,

(-1.000*SOFR30A

+

6.386%),

09/25/2034

2,517

0.0

351,135 

(1)(3)

Fannie

Mae

REMIC

Trust

2005-

59

NS,

2.067%,

(-1.000*SOFR30A

+

6.636%),

05/25/2035

8,086

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

4

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

196,825 

(1)

Fannie

Mae

REMIC

Trust

2006-11

FA,

4.983%,

(SOFR30A

+

0.414%),

03/25/2036

$

195,022

0.0

87,746 

(1)

Fannie

Mae

REMIC

Trust

2006-

46

SP,

7.028%,

(-1.000*SOFR30A

+

23.780%),

06/25/2036

95,966

0.0

272,799 

(1)(3)

Fannie

Mae

REMIC

Trust

2007-

18

BS,

1.917%,

(-1.000*SOFR30A

+

6.486%),

06/25/2035

20,348

0.0

2,566,013 

(1)(3)

Fannie

Mae

REMIC

Trust

2007-

22

SD,

1.717%,

(-1.000*SOFR30A

+

6.286%),

03/25/2037

201,370

0.0

1,399,687 

(1)(3)

Fannie

Mae

REMIC

Trust

2007-

55

S,

2.077%,

(-1.000*SOFR30A

+

6.646%),

06/25/2037

105,108

0.0

1,238,594 

(1)(3)

Fannie

Mae

REMIC

Trust

2008-

94

SI,

0.817%,

(-1.000*SOFR30A

+

5.386%),

04/25/2036

65,764

0.0

157,622 

(1)(3)

Fannie

Mae

REMIC

Trust

2009-

25

SN,

1.867%,

(-1.000*SOFR30A

+

6.436%),

04/25/2039

11,262

0.0

734,090 

(1)(3)

Fannie

Mae

REMIC

Trust

2009-

70

PS,

2.067%,

(-1.000*SOFR30A

+

6.636%),

01/25/2037

64,606

0.0

113,946 

(1)

Fannie

Mae

REMIC

Trust

2010-15

FD,

5.423%,

(SOFR30A

+

0.854%),

03/25/2040

114,072

0.0

294,625 

(1)

Fannie

Mae

REMIC

Trust

2011-47

GF,

5.253%,

(SOFR30A

+

0.684%),

06/25/2041

293,067

0.0

40,478 

(1)

Fannie

Mae

REMIC

Trust

2012-10

UF,

5.233%,

(SOFR30A

+

0.664%),

02/25/2042

40,099

0.0

3,653,324 

(3)

Fannie

Mae

REMIC

Trust

2012-111

UI,

3.000%,

10/25/2027

100,614

0.0

320,881 

(3)

Fannie

Mae

REMIC

Trust

2012-121

DI,

2.500%,

11/25/2027

7,482

0.0

3,053,594 

(3)

Fannie

Mae

REMIC

Trust

2012-128

KI,

3.000%,

11/25/2027

88,096

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

5,941,397 

(1)(3)

Fannie

Mae

REMIC

Trust

2012-

133

NS,

1.467%,

(-1.000*SOFR30A

+

6.036%),

12/25/2042

$

579,752

0.0

662,033 

(3)

Fannie

Mae

REMIC

Trust

2012-148

IB,

3.500%,

01/25/2028

19,970

0.0

3,442,647 

(1)(3)

Fannie

Mae

REMIC

Trust

2012-

150

PS,

1.467%,

(-1.000*SOFR30A

+

6.036%),

01/25/2043

326,190

0.0

7,080,984 

(1)(3)

Fannie

Mae

REMIC

Trust

2012-

66

IB,

0.050%,

(-1.000*SOFR30A

+

5.936%),

06/25/2042

13,656

0.0

120,921 

(1)(3)

Fannie

Mae

REMIC

Trust

2012-84

KI,

6.000%,

(SOFR30A

+

6.000%),

08/25/2042

21,705

0.0

154,819 

(3)

Fannie

Mae

REMIC

Trust

2012-93

IL,

3.000%,

09/25/2027

3,692

0.0

3,308,528 

(3)

Fannie

Mae

REMIC

Trust

2013-1

LI,

2.500%,

02/25/2028

85,900

0.0

47,870 

(1)(3)

Fannie

Mae

REMIC

Trust

2013-

116

SC,

1.517%,

(-1.000*SOFR30A

+

6.086%),

04/25/2033

313

0.0

1,234,264 

(3)

Fannie

Mae

REMIC

Trust

2013-137

PI,

5.000%,

10/25/2041

241,471

0.0

5,074,546 

(1)(3)

Fannie

Mae

REMIC

Trust

2013-

19

JS,

1.517%,

(-1.000*SOFR30A

+

6.086%),

10/25/2041

235,500

0.0

958,636 

(3)

Fannie

Mae

REMIC

Trust

2013-2

NI,

4.000%,

02/25/2043

131,720

0.0

1,332,952 

(3)

Fannie

Mae

REMIC

Trust

2013-21

KI,

3.000%,

03/25/2028

35,189

0.0

2,996,353 

(3)

Fannie

Mae

REMIC

Trust

2013-32

EI,

2.500%,

04/25/2033

192,036

0.0

533,769 

(3)

Fannie

Mae

REMIC

Trust

2013-41

BI,

3.000%,

05/25/2028

16,968

0.0

963,230 

(3)

Fannie

Mae

REMIC

Trust

2013-67

AI,

3.000%,

07/25/2028

25,880

0.0

857,544 

(3)

Fannie

Mae

REMIC

Trust

2013-69

PI,

3.000%,

04/25/2033

45,388

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

5

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

2,389,906 

(1)(3)

Fannie

Mae

REMIC

Trust

2013-

97

JS,

1.467%,

(-1.000*SOFR30A

+

6.036%),

04/25/2038

$

151,064

0.0

6,230,339 

(3)

Fannie

Mae

REMIC

Trust

2015-40

AI,

6.000%,

05/25/2037

1,064,513

0.1

4,535,027 

(1)(3)

Fannie

Mae

REMIC

Trust

2016-

19

SB,

1.417%,

(-1.000*SOFR30A

+

5.986%),

04/25/2046

280,110

0.0

1,598,423 

(3)

Fannie

Mae

REMIC

Trust

2016-4

BI,

4.000%,

02/25/2046

301,426

0.0

1,052,651 

(3)

Fannie

Mae

REMIC

Trust

2016-61

PI,

4.500%,

01/25/2046

180,798

0.0

20,723,153 

(1)(3)

Fannie

Mae

REMIC

Trust

2016-

81

SA,

1.467%,

(-1.000*SOFR30A

+

6.036%),

11/25/2046

1,251,668

0.1

11,220,385 

(1)(3)

Fannie

Mae

REMIC

Trust

2017-

16

SG,

1.367%,

(-1.000*SOFR30A

+

5.936%),

03/25/2047

1,136,159

0.1

21,324,681 

(1)(3)

Fannie

Mae

REMIC

Trust

2018-

86

US,

1.517%,

(-1.000*SOFR30A

+

6.086%),

12/25/2048

1,350,330

0.1

7,949,692 

(3)

Fannie

Mae

REMIC

Trust

2019-15

AI,

4.000%,

04/25/2059

1,744,641

0.1

10,749,297 

(1)(3)

Fannie

Mae

REMIC

Trust

2019-

17

SA,

1.417%,

(-1.000*SOFR30A

+

5.986%),

04/25/2049

718,471

0.0

9,381,507 

(1)(3)

Fannie

Mae

REMIC

Trust

2019-

8

SB,

1.417%,

(-1.000*SOFR30A

+

5.986%),

03/25/2049

629,624

0.0

22,512,023 

(3)

Fannie

Mae

REMIC

Trust

2020-33

YI,

4.000%,

05/25/2050

4,192,655

0.2

10,915,874 

(3)

Fannie

Mae

REMIC

Trust

2020-47

PI,

4.000%,

07/25/2050

2,433,551

0.1

11,675,352 

(1)(3)

Fannie

Mae

REMIC

Trust

2020-

47

SH,

1.417%,

(-1.000*SOFR30A

+

5.986%),

07/25/2050

1,308,153

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

17,439,761 

(1)(3)

Fannie

Mae

REMIC

Trust

2020-

49

SB,

1.417%,

(-1.000*SOFR30A

+

5.986%),

07/25/2050

$

2,256,069

0.1

12,009,511 

(3)

Fannie

Mae

REMIC

Trust

2020-52

AI,

4.000%,

08/25/2050

1,993,113

0.1

36,078,003 

(3)

Fannie

Mae

REMIC

Trust

2020-64

IO,

3.000%,

09/25/2050

6,792,355

0.3

18,323,915 

(3)

Fannie

Mae

REMIC

Trust

2020-65

CI,

4.000%,

09/25/2050

3,236,491

0.2

18,844,463 

(3)

Fannie

Mae

REMIC

Trust

2020-67

JI,

4.000%,

09/25/2050

4,012,606

0.2

23,557,882 

(3)

Fannie

Mae

REMIC

Trust

2020-94

MI,

4.500%,

04/25/2050

5,750,519

0.3

14,709,861 

(3)

Fannie

Mae

REMIC

Trust

2021-18

IY,

4.500%,

08/25/2049

3,863,900

0.2

17,239,964 

(3)

Fannie

Mae

REMIC

Trust

2021-2

PI,

2.000%,

02/25/2051

1,878,372

0.1

18,029,726 

(3)

Fannie

Mae

REMIC

Trust

2021-23

JI,

3.000%,

04/25/2051

2,903,219

0.1

17,694,296 

(3)

Fannie

Mae

REMIC

Trust

2021-28

GI,

4.000%,

05/25/2051

3,782,756

0.2

33,660,279 

(3)

Fannie

Mae

REMIC

Trust

2021-65

KI,

3.500%,

10/25/2051

6,001,217

0.3

17,715,140 

(3)

Fannie

Mae

REMIC

Trust

2021-74

AI,

3.000%,

11/25/2051

3,078,498

0.2

61,943 

First

Horizon

Alternative

Mortgage

Securities

Trust

2006-FA8

1A7,

6.000%,

02/25/2037

23,650

0.0

139,472 

(1)(2)

Flagstar

Mortgage

Trust

2017-2

A7,

3.500%,

10/25/2047

124,094

0.0

561,226 

(1)(2)

Flagstar

Mortgage

Trust

2018-1

B3,

3.937%,

03/25/2048

500,033

0.0

655,228 

(1)(2)

Flagstar

Mortgage

Trust

2018-3INV

A3,

4.000%,

05/25/2048

596,021

0.0

3,363,968 

(1)(2)

Flagstar

Mortgage

Trust

2018-4

B3,

4.142%,

07/25/2048

3,021,871

0.2

192,326 

(1)(2)

Flagstar

Mortgage

Trust

2018-6RR

1A7,

4.000%,

10/25/2048

175,543

0.0

3,157,623 

(1)(2)

Flagstar

Mortgage

Trust

2018-6RR

B1,

4.908%,

10/25/2048

3,020,199

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

6

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

1,331,947 

(1)(2)

Flagstar

Mortgage

Trust

2019-2

B1,

4.001%,

12/25/2049

$

1,187,940

0.1

1,864,726 

(1)(2)

Flagstar

Mortgage

Trust

2019-2

B2,

4.001%,

12/25/2049

1,642,069

0.1

3,170,473 

(1)(2)

Flagstar

Mortgage

Trust

2020-1INV

B2A,

4.196%,

03/25/2050

2,796,457

0.1

2,717,549 

(1)(2)

Flagstar

Mortgage

Trust

2020-1INV

B3,

4.196%,

03/25/2050

2,358,888

0.1

3,460,232 

(1)(2)

Flagstar

Mortgage

Trust

2021-2

B3,

2.784%,

04/25/2051

2,818,830

0.1

881 

(1)(3)

Freddie

Mac

REMIC

Trust

2266

S,

3.838%,

(-1.000*SOFR30A

+

8.436%),

11/15/2030

49

0.0

63,971 

(1)(3)

Freddie

Mac

REMIC

Trust

2374

S,

3.388%,

(-1.000*SOFR30A

+

7.986%),

06/15/2031

4,523

0.0

38,280 

(1)(3)

Freddie

Mac

REMIC

Trust

2417

SY,

3.688%,

(-1.000*SOFR30A

+

8.286%),

12/15/2031

3,579

0.0

156,785 

(1)(3)

Freddie

Mac

REMIC

Trust

2525

SM,

3.288%,

(-1.000*SOFR30A

+

7.886%),

02/15/2032

13,501

0.0

74,325 

(1)(3)

Freddie

Mac

REMIC

Trust

2577

SA,

2.738%,

(-1.000*SOFR30A

+

7.336%),

02/15/2033

6,099

0.0

804,147 

(1)(3)

Freddie

Mac

REMIC

Trust

2781

SB,

2.438%,

(-1.000*SOFR30A

+

7.036%),

04/15/2034

61,141

0.0

163,708 

(1)

Freddie

Mac

REMIC

Trust

2921

PF,

5.062%,

(SOFR30A

+

0.464%),

01/15/2035

161,539

0.0

139,780 

(1)(3)

Freddie

Mac

REMIC

Trust

2981

CS,

2.008%,

(-1.000*SOFR30A

+

6.606%),

05/15/2035

7,533

0.0

65,704 

(1)(3)

Freddie

Mac

REMIC

Trust

2981

SU,

3.088%,

(-1.000*SOFR30A

+

7.686%),

05/15/2030

4,117

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

236,955 

(1)(3)

Freddie

Mac

REMIC

Trust

2989

HS,

2.438%,

(-1.000*SOFR30A

+

7.036%),

08/15/2034

$

28,068

0.0

82,392 

(1)(3)

Freddie

Mac

REMIC

Trust

3018

SM,

2.488%,

(-1.000*SOFR30A

+

7.086%),

08/15/2035

7,871

0.0

100,515 

(1)

Freddie

Mac

REMIC

Trust

3031

BP,

8.000%,

(-1.000*SOFR30A

+

44.205%),

08/15/2035

101,330

0.0

280,243 

(1)(3)

Freddie

Mac

REMIC

Trust

3049

PI,

1.938%,

(-1.000*SOFR30A

+

6.536%),

10/15/2035

21,565

0.0

1,988,344 

(1)(3)

Freddie

Mac

REMIC

Trust

3128

JI,

1.918%,

(-1.000*SOFR30A

+

6.516%),

03/15/2036

156,479

0.0

37,014 

(4)

Freddie

Mac

REMIC

Trust

3151

PO,

0.000%,

05/15/2036

30,300

0.0

1,014,702 

(1)(3)

Freddie

Mac

REMIC

Trust

3222

SN,

1.888%,

(-1.000*SOFR30A

+

6.486%),

09/15/2036

77,424

0.0

1,026,429 

(1)(3)

Freddie

Mac

REMIC

Trust

3298

S,

1.398%,

(-1.000*SOFR30A

+

5.996%),

04/15/2037

75,136

0.0

308,252 

(1)(3)

Freddie

Mac

REMIC

Trust

3523

SA,

1.288%,

(-1.000*SOFR30A

+

5.886%),

09/15/2036

18,683

0.0

309,637 

(1)(3)

Freddie

Mac

REMIC

Trust

3582

MS,

1.438%,

(-1.000*SOFR30A

+

6.036%),

10/15/2039

22,806

0.0

122,642 

(1)(3)

Freddie

Mac

REMIC

Trust

3624

TS,

0.088%,

(-1.000*SOFR30A

+

4.686%),

01/15/2040

3,744

0.0

379,809 

(3)

Freddie

Mac

REMIC

Trust

3688

BI,

5.000%,

07/15/2040

55,273

0.0

275,693 

(1)

Freddie

Mac

REMIC

Trust

3740

FB,

5.212%,

(SOFR30A

+

0.614%),

10/15/2040

272,254

0.0

925,074 

(3)

Freddie

Mac

REMIC

Trust

4097

IC,

2.500%,

08/15/2027

20,566

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

7

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

572,187 

(3)

Freddie

Mac

REMIC

Trust

4116

IL,

4.500%,

05/15/2042

$

59,441

0.0

3,271,351 

(3)

Freddie

Mac

REMIC

Trust

4120

TI,

2.500%,

10/15/2027

78,659

0.0

455,951 

(3)

Freddie

Mac

REMIC

Trust

4136

QI,

3.000%,

11/15/2032

18,572

0.0

357,562 

(3)

Freddie

Mac

REMIC

Trust

4143

IK,

4.000%,

10/15/2041

21,613

0.0

9,915,998 

(1)(3)

Freddie

Mac

REMIC

Trust

4146

SA,

1.438%,

(-1.000*SOFR30A

+

6.036%),

12/15/2042

942,458

0.0

116,055 

(3)

Freddie

Mac

REMIC

Trust

4153

YI,

3.000%,

09/15/2042

1,338

0.0

1,362,718 

(3)

Freddie

Mac

REMIC

Trust

4157

IH,

3.500%,

01/15/2043

205,475

0.0

458,310 

(3)

Freddie

Mac

REMIC

Trust

4162

DI,

2.000%,

02/15/2028

8,910

0.0

1,615,066 

(3)

Freddie

Mac

REMIC

Trust

4182

IL,

3.000%,

03/15/2028

53,971

0.0

1,572,454 

(3)

Freddie

Mac

REMIC

Trust

4186

IA,

3.000%,

03/15/2033

120,134

0.0

39,541 

(3)

Freddie

Mac

REMIC

Trust

4261

ID,

6.500%,

06/15/2032

1,218

0.0

18,045,349 

(1)(3)

Freddie

Mac

REMIC

Trust

4273

PS,

1.388%,

(-1.000*SOFR30A

+

5.986%),

11/15/2043

1,241,036

0.1

286,244 

(3)

Freddie

Mac

REMIC

Trust

4287

CI,

4.500%,

07/15/2041

29,308

0.0

1,306,086 

(3)

Freddie

Mac

REMIC

Trust

4290

EI,

5.000%,

12/15/2043

253,227

0.0

59,654 

(3)

Freddie

Mac

REMIC

Trust

4333

AI,

5.500%,

02/15/2044

9,987

0.0

1,155,997 

(3)

Freddie

Mac

REMIC

Trust

4494

LI,

5.000%,

12/15/2043

101,806

0.0

5,365,220 

(1)(3)

Freddie

Mac

REMIC

Trust

4618

SA,

1.288%,

(-1.000*SOFR30A

+

5.886%),

09/15/2046

532,265

0.0

1,325,753 

(3)

Freddie

Mac

REMIC

Trust

4625

BI,

3.500%,

06/15/2046

235,076

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

1,385,519 

(3)

Freddie

Mac

REMIC

Trust

4708

KI,

4.500%,

11/15/2046

$

233,296

0.0

9,461,434 

(3)

Freddie

Mac

REMIC

Trust

4813

IO,

5.500%,

08/15/2048

1,835,318

0.1

17,217,741 

(1)(3)

Freddie

Mac

REMIC

Trust

4903

NS,

1.417%,

(-1.000*SOFR30A

+

5.986%),

08/25/2049

1,662,848

0.1

10,152,483 

(1)(3)

Freddie

Mac

REMIC

Trust

4909

SJ,

1.367%,

(-1.000*SOFR30A

+

5.936%),

09/25/2049

1,161,755

0.1

4,051,692 

(1)(3)

Freddie

Mac

REMIC

Trust

4910

SD,

1.338%,

(-1.000*SOFR30A

+

5.936%),

06/15/2049

442,599

0.0

12,619,953 

(1)(3)

Freddie

Mac

REMIC

Trust

4910

SH,

1.367%,

(-1.000*SOFR30A

+

5.936%),

09/25/2049

1,454,221

0.1

16,678,469 

(1)(3)

Freddie

Mac

REMIC

Trust

4924

SY,

1.367%,

(-1.000*SOFR30A

+

5.936%),

10/25/2049

1,997,407

0.1

11,331,337 

(3)

Freddie

Mac

REMIC

Trust

4967

IQ,

4.000%,

02/25/2050

2,493,175

0.1

30,371,251 

(3)

Freddie

Mac

REMIC

Trust

4974

I,

4.000%,

04/25/2050

6,550,401

0.3

19,330,808 

(1)(3)

Freddie

Mac

REMIC

Trust

5009

TS,

1.517%,

(-1.000*SOFR30A

+

6.086%),

09/25/2050

2,241,653

0.1

27,526,036 

(3)

Freddie

Mac

REMIC

Trust

5010

MI,

3.000%,

09/25/2050

4,136,679

0.2

16,515,641 

(3)

Freddie

Mac

REMIC

Trust

5036

CI,

4.000%,

12/25/2049

3,573,177

0.2

23,786,692 

(3)

Freddie

Mac

REMIC

Trust

5049

UI,

3.000%,

12/25/2050

4,388,233

0.2

8,861,612 

(3)

Freddie

Mac

REMIC

Trust

5052

BI,

5.000%,

12/25/2050

2,251,055

0.1

12,638,889 

(3)

Freddie

Mac

REMIC

Trust

5074

GI,

2.000%,

02/25/2051

1,457,562

0.1

21,078,030 

(3)

Freddie

Mac

REMIC

Trust

5081

CI,

2.000%,

03/25/2051

2,447,716

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

8

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

37,820,947 

(3)

Freddie

Mac

REMIC

Trust

5083

IP,

4.000%,

11/25/2048

$

8,272,655

0.4

13,483,145 

(3)

Freddie

Mac

REMIC

Trust

5133

CI,

4.500%,

07/25/2039

2,343,655

0.1

14,820,550 

(3)

Freddie

Mac

REMIC

Trust

5138

CI,

4.000%,

07/25/2050

3,244,866

0.2

9,971,993 

(3)

Freddie

Mac

REMIC

Trust

5142

LI,

2.500%,

09/25/2051

1,589,225

0.1

4,934,989 

(3)

Freddie

Mac

REMIC

Trust

5152

GI,

4.500%,

06/25/2048

1,214,448

0.1

19,020,196 

(3)

Freddie

Mac

REMIC

Trust

5214

IO,

2.000%,

03/25/2051

2,502,348

0.1

8,076,100 

(3)

Freddie

Mac

REMIC

Trust

5261

IC,

4.000%,

01/25/2050

1,632,719

0.1

5,100,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2021-

DNA6

B1,

7.969%,

(SOFR30A

+

3.400%),

10/25/2041

5,269,999

0.3

6,100,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2021-

HQA4

B1,

8.319%,

(SOFR30A

+

3.750%),

12/25/2041

6,309,892

0.3

5,000,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2021-

HQA4

M2,

6.919%,

(SOFR30A

+

2.350%),

12/25/2041

5,063,676

0.2

2,800,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2022-

DNA1

B1,

7.969%,

(SOFR30A

+

3.400%),

01/25/2042

2,885,865

0.1

3,000,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2022-

DNA1

M2,

7.069%,

(SOFR30A

+

2.500%),

01/25/2042

3,057,682

0.2

2,500,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2022-

DNA2

B1,

9.319%,

(SOFR30A

+

4.750%),

02/25/2042

2,631,549

0.1

3,400,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2022-

DNA3

M2,

8.919%,

(SOFR30A

+

4.350%),

04/25/2042

3,626,846

0.2

1,800,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2022-

DNA5

M2,

11.484%,

(SOFR30A

+

6.750%),

06/25/2042

2,025,001

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

2,000,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2022-

DNA6

M2,

10.319%,

(SOFR30A

+

5.750%),

09/25/2042

$

2,223,486

0.1

2,500,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2023-

HQA3

M2,

7.919%,

(SOFR30A

+

3.350%),

11/25/2043

2,669,659

0.1

4,000,000 

(1)(2)

Freddie

Mac

STACR

REMIC

Trust

2024-

HQA2

M2,

6.369%,

(SOFR30A

+

1.800%),

08/25/2044

4,053,084

0.2

523,171 

(3)

Freddie

Mac

Strips

224

IO,

6.000%,

03/01/2033

80,158

0.0

280,461 

(1)(3)

Freddie

Mac

Strips

237

S23,

2.388%,

(-1.000*SOFR30A

+

6.986%),

05/15/2036

28,131

0.0

345,719 

(3)

Freddie

Mac

Strips

260

33,

4.000%,

05/15/2039

52,667

0.0

381,736 

(3)

Freddie

Mac

Strips

287

IO,

3.000%,

10/15/2027

9,710

0.0

171,831 

(1)(3)

Freddie

Mac

Strips

324

144,

6.000%,

06/15/2039

31,449

0.0

8,126,467 

(3)

Freddie

Mac

Strips

390

C3,

3.500%,

11/15/2037

1,028,309

0.1

9,484,652 

(3)

Freddie

Mac

Strips

400

C8,

6.500%,

05/25/2053

1,971,327

0.1

1,481,014 

(1)(2)

Galton

Funding

Mortgage

Trust

2018-2

B2,

4.694%,

10/25/2058

1,401,038

0.1

2,276,014 

(1)(2)

Galton

Funding

Mortgage

Trust

2019-1

B1,

4.250%,

02/25/2059

2,119,417

0.1

1,829,854 

(1)(2)

Galton

Funding

Mortgage

Trust

2019-1

B2,

4.500%,

02/25/2059

1,721,065

0.1

1,984,654 

(1)(2)

GCAT

Trust

2024-INV2

B3,

7.375%,

06/25/2054

2,037,477

0.1

1,998,046 

(1)(2)

GCAT

Trust

2024-INV4

B4,

7.087%,

12/25/2054

1,924,488

0.1

2,576,134 

(1)(3)

Ginnie

Mae

2007-

59

SC,

2.015%,

(-1.000*TSFR1M

+

6.386%),

07/20/2037

217,209

0.0

224,013 

(1)(3)

Ginnie

Mae

2008-

40

SA,

1.888%,

(-1.000*TSFR1M

+

6.286%),

05/16/2038

9,910

0.0

281,528 

(3)

Ginnie

Mae

2010-143

JI,

4.000%,

08/16/2039

10,390

0.0

491,533 

(3)

Ginnie

Mae

2010-4

IP,

5.000%,

01/16/2039

25,185

0.0

407,073 

(1)(3)

Ginnie

Mae

2010-

4

SL,

1.888%,

(-1.000*TSFR1M

+

6.286%),

01/16/2040

34,317

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

9

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

1,078,728 

(1)(3)

Ginnie

Mae

2011-

101

BI,

0.650%,

(-1.000*TSFR1M

+

6.536%),

11/20/2037

$

22,166

0.0

86,182 

(1)(3)

Ginnie

Mae

2011-

101

EI,

6.000%,

(-1.000*TSFR1M

+

106.946%),

10/16/2039

14,785

0.0

714,421 

(3)

Ginnie

Mae

2011-124

KI,

4.000%,

08/20/2039

26,191

0.0

2,890,346 

(1)(3)

Ginnie

Mae

2011-

25

AS,

1.575%,

(-1.000*TSFR1M

+

5.946%),

02/20/2041

175,237

0.0

481,254 

(3)

Ginnie

Mae

2012-148

IP,

3.500%,

04/20/2041

8,933

0.0

10,935 

(3)

Ginnie

Mae

2012-149

BI,

3.500%,

10/20/2041

939

0.0

1,070,107 

(3)

Ginnie

Mae

2012-39

PI,

4.000%,

03/16/2042

97,121

0.0

2,277,180 

(1)(3)

Ginnie

Mae

2013-

103

DS,

1.665%,

(-1.000*TSFR1M

+

6.036%),

07/20/2043

210,210

0.0

13,178,296 

(1)(3)

Ginnie

Mae

2013-

130

SB,

0.383%,

(-1.000*TSFR1M

+

4.936%),

09/16/2043

407,945

0.0

4,098,126 

(1)(3)

Ginnie

Mae

2013-

134

DS,

1.615%,

(-1.000*TSFR1M

+

5.986%),

09/20/2043

360,656

0.0

119,338 

(3)

Ginnie

Mae

2013-44

LI,

4.500%,

01/16/2043

12,924

0.0

413,720 

(3)

Ginnie

Mae

2013-81

IO,

4.500%,

01/16/2040

23,435

0.0

5,983,925 

(1)(3)

Ginnie

Mae

2014-

58

SM,

1.588%,

(-1.000*TSFR1M

+

5.986%),

04/16/2044

499,094

0.0

1,320,647 

(3)

Ginnie

Mae

2014-84

PI,

4.500%,

04/20/2043

146,505

0.0

1,291,590 

(3)

Ginnie

Mae

2015-132

BI,

4.000%,

11/20/2044

174,039

0.0

2,073,026 

(1)(3)

Ginnie

Mae

2015-

69

IL,

0.200%,

(-1.000*TSFR1M

+

6.586%),

07/20/2034

9,637

0.0

142,267 

(3)

Ginnie

Mae

2015-94

IU,

4.000%,

08/20/2044

19,978

0.0

4,814,499 

(1)(3)

Ginnie

Mae

2016-

66

ES,

1.565%,

(-1.000*TSFR1M

+

5.936%),

05/20/2046

487,684

0.0

276,754 

(3)

Ginnie

Mae

2016-8

PI,

4.000%,

10/20/2044

32,037

0.0

4,248,620 

(1)(3)

Ginnie

Mae

2018-

153

SQ,

1.715%,

(-1.000*TSFR1M

+

6.086%),

11/20/2048

288,903

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

10,303,773 

(1)(3)

Ginnie

Mae

2018-

93

SJ,

1.715%,

(-1.000*TSFR1M

+

6.086%),

07/20/2048

$

796,986

0.0

127,188 

(3)

Ginnie

Mae

2019-111

TI,

5.000%,

09/20/2049

23,400

0.0

66,467 

(3)

Ginnie

Mae

2019-86

GI,

6.500%,

07/20/2049

13,462

0.0

283,744 

(3)

Ginnie

Mae

2019-86

HI,

5.500%,

07/20/2049

62,656

0.0

9,395,280 

(1)(3)

Ginnie

Mae

2019-

89

SC,

1.615%,

(-1.000*TSFR1M

+

5.986%),

07/20/2049

1,050,775

0.1

18,783,406 

(3)

Ginnie

Mae

2020-7

EI,

3.500%,

01/20/2050

3,682,196

0.2

20,815,087 

(3)

Ginnie

Mae

2021-152

ID,

3.000%,

08/20/2051

3,514,715

0.2

37,877,510 

(3)

Ginnie

Mae

2021-194

IK,

3.000%,

11/20/2051

6,484,077

0.3

20,743,009 

(1)(3)

Ginnie

Mae

2022-

159

SE,

1.395%,

(-1.000*SOFR30A

+

6.000%),

09/20/2052

1,644,043

0.1

16,308,373 

(3)

Ginnie

Mae

2022-56

IG,

4.500%,

07/20/2050

3,684,857

0.2

19,186,708 

(3)

Ginnie

Mae

2023-24

ID,

3.500%,

06/20/2050

3,743,407

0.2

9,917,686 

(1)

Ginnie

Mae

2023-

57

S,

3.400%,

(-1.000*SOFR30A

+

13.530%),

04/20/2053

8,882,541

0.4

21,127,471 

(3)

Ginnie

Mae

2023-70

JI,

5.500%,

06/20/2052

3,984,316

0.2

217,711 

(1)(2)

GS

Mortage-Backed

Securities

Trust

2020-

PJ1

A1,

3.500%,

05/25/2050

191,457

0.0

345,776 

(1)(2)

GS

Mortage-Backed

Securities

Trust

2020-

PJ1

A4,

3.500%,

05/25/2050

304,079

0.0

870,886 

(1)(2)

GS

Mortage-Backed

Securities

Trust

2020-

PJ1

A8,

3.500%,

05/25/2050

765,867

0.0

2,179,930 

(1)(2)

GS

Mortage-Backed

Securities

Trust

2020-

PJ1

B2,

3.612%,

05/25/2050

1,862,379

0.1

3,441,273 

(1)(2)

GS

Mortage-Backed

Securities

Trust

2020-

PJ1

B3,

3.612%,

05/25/2050

2,879,003

0.1

1,479,646 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2019-PJ1

B3,

4.025%,

08/25/2049

1,281,337

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

10

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

56,973 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2019-PJ2

A1,

4.000%,

11/25/2049

$

52,754

0.0

3,491,488 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2019-PJ2

B2,

4.373%,

11/25/2049

3,172,110

0.2

3,611,396 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2019-PJ2

B3,

4.373%,

11/25/2049

3,252,531

0.2

423,238 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2019-PJ3

B1,

3.984%,

03/25/2050

382,110

0.0

431,683 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2019-PJ3

B2,

3.984%,

03/25/2050

389,734

0.0

1,682,247 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2020-PJ3

B4,

3.414%,

10/25/2050

1,331,128

0.1

1,584,540 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2021-PJ3

B3,

2.650%,

08/25/2051

1,215,254

0.1

3,620,505 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2021-PJ4

B3,

2.614%,

09/25/2051

2,856,084

0.1

4,684,170 

(1)(2)

GS

Mortgage-Backed

Securities

Corp.

Trust

2021-PJ5

B3,

2.588%,

10/25/2051

3,650,207

0.2

927,969 

(1)(2)

GS

Mortgage-Backed

Securities

Trust

2021-

GR3

B3,

3.379%,

04/25/2052

745,026

0.0

930,338 

(1)(2)

GS

Mortgage-Backed

Securities

Trust

2021-

GR3

B4,

3.379%,

04/25/2052

729,276

0.0

2,303,465 

(2)

GS

Mortgage-Backed

Securities

Trust

2021-

PJ9

A4,

2.500%,

02/26/2052

1,831,358

0.1

2,113,596 

(2)

GS

Mortgage-Backed

Securities

Trust

2022-

NQM1

A4,

4.000%,

05/25/2062

1,914,653

0.1

2,949,809 

(1)(2)

GS

Mortgage-Backed

Securities

Trust

2023-

PJ6

B2,

6.919%,

04/25/2054

2,961,408

0.1

987,029 

(1)(2)

GS

Mortgage-Backed

Securities

Trust

2024-

PJ1

B2,

7.163%,

06/25/2054

1,020,501

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

1,974,502 

(1)(2)

GS

Mortgage-Backed

Securities

Trust

2024-

PJ4

B2,

6.258%,

08/25/2054

$

1,929,791

0.1

280,602 

(1)

HarborView

Mortgage

Loan

Trust

2007-5

A1A,

4.861%,

(TSFR1M

+

0.494%),

09/19/2037

237,797

0.0

632 

(1)

HomeBanc

Mortgage

Trust

2004-1

2A,

5.313%,

(TSFR1M

+

0.974%),

08/25/2029

612

0.0

2,600,000 

(1)(2)

Imperial

Fund

Mortgage

Trust

2021-NQM4

M1,

3.446%,

01/25/2057

1,892,752

0.1

48,491 

(1)

IndyMac

INDX

Mortgage

Loan

Trust

2006-AR2

1A1B,

4.873%,

(TSFR1M

+

0.534%),

04/25/2046

42,883

0.0

53,416 

(1)(2)

J.P.

Morgan

Mortgage

Trust

2019-2

A3,

3.986%,

08/25/2049

49,674

0.0

984,476 

(1)(2)

J.P.

Morgan

Mortgage

Trust

2019-2

B1,

4.434%,

08/25/2049

906,324

0.0

2,385,294 

(1)(2)

J.P.

Morgan

Mortgage

Trust

2019-2

B2,

4.434%,

08/25/2049

2,189,724

0.1

1,085,629 

(1)(2)

J.P.

Morgan

Mortgage

Trust

2019-LTV1

B2,

4.595%,

06/25/2049

1,015,187

0.1

2,324,310 

(1)(2)

J.P.

Morgan

Mortgage

Trust

2021-14

B4,

3.150%,

05/25/2052

1,811,218

0.1

864,913 

(1)(2)

J.P.

Morgan

Mortgage

Trust

2022-5

A9,

2.800%,

09/25/2052

706,689

0.0

756,907 

(1)(2)

J.P.

Morgan

Mortgage

Trust

2024-1

A9,

6.000%,

06/25/2054

752,105

0.0

881,260 

(1)

JP

Morgan

Mortgage

Trust

2005-A4

B1,

6.104%,

07/25/2035

831,980

0.0

69,650 

JP

Morgan

Mortgage

Trust

2005-S3

1A10,

6.000%,

01/25/2036

31,495

0.0

136,375 

JP

Morgan

Mortgage

Trust

2006-S2

1A18,

6.000%,

07/25/2036

61,967

0.0

389,146 

JP

Morgan

Mortgage

Trust

2006-S3

1A30,

6.500%,

08/25/2036

123,567

0.0

784,352 

(1)(2)

JP

Morgan

Mortgage

Trust

2014-5

B3,

2.697%,

10/25/2029

723,137

0.0

411,553 

(1)(2)

JP

Morgan

Mortgage

Trust

2016-1

B3,

3.792%,

05/25/2046

380,833

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

11

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

2,095,000 

(1)(2)

JP

Morgan

Mortgage

Trust

2016-1

B4,

3.792%,

05/25/2046

$

1,521,728

0.1

309,721 

(1)(2)

JP

Morgan

Mortgage

Trust

2016-4

A13,

3.500%,

10/25/2046

276,847

0.0

738,253 

(1)(2)

JP

Morgan

Mortgage

Trust

2017-1

B4,

3.447%,

01/25/2047

640,333

0.0

1,172,217 

(1)(2)

JP

Morgan

Mortgage

Trust

2017-3

B1,

3.780%,

08/25/2047

1,065,061

0.1

1,509,033 

(1)(2)

JP

Morgan

Mortgage

Trust

2017-5

B1,

5.214%,

10/26/2048

1,489,895

0.1

481,990 

(1)(2)

JP

Morgan

Mortgage

Trust

2017-6

B3,

3.777%,

12/25/2048

426,067

0.0

1,360,920 

(1)(2)

JP

Morgan

Mortgage

Trust

2017-6

B4,

3.777%,

12/25/2048

1,193,898

0.1

941,570 

(1)(2)

JP

Morgan

Mortgage

Trust

2017-6

B5,

3.777%,

12/25/2048

741,405

0.0

1,937,281 

(1)(2)

JP

Morgan

Mortgage

Trust

2018-1

B2,

3.573%,

06/25/2048

1,711,935

0.1

2,034,055 

(1)(2)

JP

Morgan

Mortgage

Trust

2018-3

B3,

3.703%,

09/25/2048

1,780,776

0.1

409,865 

(1)(2)

JP

Morgan

Mortgage

Trust

2018-4

B2,

3.707%,

10/25/2048

364,946

0.0

1,660,095 

(1)(2)

JP

Morgan

Mortgage

Trust

2018-5

A13,

3.500%,

10/25/2048

1,453,074

0.1

91,179 

(1)(2)

JP

Morgan

Mortgage

Trust

2018-6

1A10,

3.500%,

12/25/2048

80,689

0.0

141,954 

(1)(2)

JP

Morgan

Mortgage

Trust

2018-8

A3,

4.000%,

01/25/2049

129,824

0.0

3,403,319 

(1)(2)

JP

Morgan

Mortgage

Trust

2018-8

B2,

4.024%,

01/25/2049

3,048,736

0.2

866,027 

(1)(2)

JP

Morgan

Mortgage

Trust

2018-9

B2,

4.253%,

02/25/2049

790,450

0.0

150,525 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-1

A3,

4.000%,

05/25/2049

138,271

0.0

317,526 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-5

A3,

4.000%,

11/25/2049

293,617

0.0

2,617,001 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-5

B1,

4.456%,

11/25/2049

2,422,109

0.1

72,727 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-6

A3,

3.500%,

12/25/2049

65,110

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

873,018 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-7

B3A,

3.207%,

02/25/2050

$

741,620

0.0

357,938 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-8

A15,

3.500%,

03/25/2050

316,828

0.0

888,375 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-8

B3A,

3.417%,

03/25/2050

764,265

0.0

3,470,021 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-INV1

B2,

4.927%,

10/25/2049

3,310,665

0.2

218,460 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-INV2

A15,

3.500%,

02/25/2050

195,436

0.0

3,799,213 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-INV3

B3,

4.359%,

05/25/2050

3,422,815

0.2

1,618,476 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-LTV2

B2,

4.740%,

12/25/2049

1,519,063

0.1

1,640,624 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-LTV2

B3,

4.740%,

12/25/2049

1,535,969

0.1

2,521,380 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-LTV3

B2,

4.347%,

03/25/2050

2,293,694

0.1

5,868,924 

(1)(2)

JP

Morgan

Mortgage

Trust

2019-LTV3

B3,

4.347%,

03/25/2050

5,304,443

0.3

244,426 

(1)(2)

JP

Morgan

Mortgage

Trust

2020-2

A15,

3.500%,

07/25/2050

215,092

0.0

55,236 

(1)(2)

JP

Morgan

Mortgage

Trust

2020-LTV1

A15,

3.500%,

06/25/2050

54,435

0.0

285,347 

(1)(2)

JP

Morgan

Mortgage

Trust

2020-LTV1

A5,

3.500%,

06/25/2050

281,101

0.0

3,007,333 

(1)(2)

JP

Morgan

Mortgage

Trust

2021-6

B3,

2.863%,

10/25/2051

2,312,767

0.1

2,369,870 

(1)(2)

JP

Morgan

Mortgage

Trust

2022-2

B3,

3.129%,

08/25/2052

1,845,117

0.1

984,028 

(1)(2)

JP

Morgan

Mortgage

Trust

2023-10

B3,

6.404%,

05/25/2054

929,555

0.0

2,000,000 

(1)(2)

JP

Morgan

Mortgage

Trust

2024-12

A9,

6.150%,

06/25/2055

1,999,511

0.1

1,467,644 

(1)(2)

JP

Morgan

Mortgage

Trust

2024-2

A9,

6.500%,

08/25/2054

1,474,937

0.1

693,391 

(1)(2)

JP

Morgan

Mortgage

Trust

2024-CCM1

A3,

5.500%,

04/25/2055

680,718

0.0

1,436,363 

(1)(2)

JP

Morgan

Mortgage

Trust

2024-CCM1

B3,

6.563%,

04/25/2055

1,351,744

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

12

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

1,785,022 

(1)(2)

JP

Morgan

Mortgage

Trust

Series

2024-4

B2,

7.178%,

10/25/2054

$

1,856,805

0.1

2,698,358 

(1)(2)

JP

Morgan

Mortgage

Trust

Series

2024-4

B3,

7.178%,

10/25/2054

2,745,698

0.1

2,451,528 

(1)(2)

JP

Morgan

Mortgage

Trust

Series

2024-6

B3,

6.951%,

12/25/2054

2,458,561

0.1

439,511 

(1)(2)

JP

Morgan

Trust

2015-3

B3,

3.582%,

05/25/2045

403,302

0.0

1,327,529 

(1)(2)

JP

Morgan

Trust

2015-3

B4,

3.582%,

05/25/2045

988,698

0.1

56,878 

(1)

Lehman

XS

Trust

Series

2005-5N

1A2,

4.813%,

(TSFR1M

+

0.474%),

11/25/2035

56,152

0.0

1,740,342 

(1)(2)

Mello

Mortgage

Capital

Acceptance

2021-

MTG3

B3,

2.906%,

07/01/2051

1,352,329

0.1

2,698,609 

(1)(2)

Mello

Mortgage

Capital

Acceptance

2022-INV1

B3,

3.316%,

03/25/2052

2,143,410

0.1

2,000,000 

(1)(2)

MFA

Trust

2021-INV2

M1,

3.199%,

11/25/2056

1,540,322

0.1

930,828 

(1)

Morgan

Stanley

Mortgage

Loan

Trust

2006-9AR

A2,

4.753%,

(TSFR1M

+

0.414%),

08/25/2036

218,779

0.0

991,531 

(1)(2)

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2024-2

B3,

7.164%,

03/25/2054

1,001,961

0.1

996,820 

(1)(2)

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2024-4

B3,

7.055%,

09/25/2054

976,141

0.1

256,565 

(1)(2)

New

Residential

Mortgage

Loan

Trust

2017-3A

B2,

4.750%,

04/25/2057

250,804

0.0

1,300,000 

(1)(2)

Oaktown

Re

VII

Ltd.

2021-2

M1C,

7.919%,

(SOFR30A

+

3.350%),

04/25/2034

1,330,145

0.1

159,211 

(1)(2)

OBX

Trust

2019-

EXP3

1A9,

3.500%,

10/25/2059

140,745

0.0

309,647 

(1)(2)

OBX

Trust

2019-

INV2

A25,

4.000%,

05/27/2049

283,922

0.0

223,961 

(1)(2)

OBX

Trust

2020-

INV1

A21,

3.500%,

12/25/2049

197,458

0.0

1,731,883 

(1)(2)

OBX

Trust

2022-

J1

A14,

2.500%,

02/25/2052

1,376,838

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

2,500,000 

(1)(2)

OBX

Trust

2022-

NQM4

A1B,

3.900%,

04/25/2062

$

2,299,213

0.1

2,074,937 

(1)(2)

Oceanview

Mortgage

Trust

2021-1

B3,

2.717%,

05/25/2051

1,591,881

0.1

1,071,440,618 

(2)(3)

PMTT4

2017-PM1

XIO,

13.000%,

10/25/2048

4,893,966

0.2

13,292 

Prime

Mortgage

Trust

2007-1

A4,

5.500%,

03/25/2037

11,524

0.0

128,699 

(1)(2)

PSMC

Trust

2019-

3

A12,

3.500%,

11/25/2049

119,345

0.0

2,572,077 

(1)(2)

Radnor

RE

Ltd.

2021-

1

M1C,

7.269%,

(SOFR30A

+

2.700%),

12/27/2033

2,602,257

0.1

2,159,876 

(1)(2)

RCKT

Mortgage

Trust

2019-1

B2A,

3.888%,

09/25/2049

1,922,431

0.1

1,487,652 

(1)(2)

RCKT

Mortgage

Trust

2020-1

B2A,

3.471%,

02/25/2050

1,295,490

0.1

2,302,837 

(1)(2)

RCKT

Mortgage

Trust

2021-4

A21,

2.500%,

09/25/2051

1,832,238

0.1

5,186,118 

(1)(2)

RCKT

Mortgage

Trust

2021-6

B3,

2.793%,

12/25/2051

3,955,624

0.2

844,486 

(1)(2)

RCKT

Mortgage

Trust

2022-3

A21,

3.000%,

05/25/2052

700,165

0.0

666,539 

(2)

Sequoia

Mortgage

Trust

2013-9

B2,

3.500%,

07/25/2043

631,083

0.0

1,237,858 

(1)(2)

Sequoia

Mortgage

Trust

2017-1

B2,

3.601%,

02/25/2047

1,134,880

0.1

1,034,211 

(1)(2)

Sequoia

Mortgage

Trust

2018-6

B1,

4.163%,

07/25/2048

959,539

0.1

466,259 

(2)

Sequoia

Mortgage

Trust

2018-CH1

B2B,

4.425%,

03/25/2048

432,878

0.0

1,470,671 

(1)(2)

Sequoia

Mortgage

Trust

2019-2

B2,

4.246%,

06/25/2049

1,378,072

0.1

1,390,650 

(1)(2)

Sequoia

Mortgage

Trust

2019-2

B3,

4.246%,

06/25/2049

1,251,670

0.1

1,884,660 

(1)(2)

Sequoia

Mortgage

Trust

2019-5

B2,

3.711%,

12/25/2049

1,671,584

0.1

1,885,527 

(1)(2)

Sequoia

Mortgage

Trust

2019-5

B3,

3.711%,

12/25/2049

1,644,150

0.1

706,415 

(1)(2)

Sequoia

Mortgage

Trust

2019-CH1

B2B,

4.911%,

03/25/2049

678,926

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

13

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

23,007 

(1)(2)

Sequoia

Mortgage

Trust

2019-CH2

A1,

4.500%,

08/25/2049

$

22,851

0.0

151,590 

(1)(2)

Sequoia

Mortgage

Trust

2019-CH3

A13,

4.000%,

09/25/2049

140,032

0.0

1,788,135 

(1)(2)

Sequoia

Mortgage

Trust

2019-CH3

B1B,

4.508%,

09/25/2049

1,663,743

0.1

170,264 

(1)(2)

Sequoia

Mortgage

Trust

2020-1

A1,

3.500%,

02/25/2050

151,393

0.0

1,352,576 

(1)(2)

Sequoia

Mortgage

Trust

2020-2

B3,

3.635%,

03/25/2050

1,152,771

0.1

526,092 

(1)(2)

Sequoia

Mortgage

Trust

2021-3

B3,

2.650%,

05/25/2051

412,670

0.0

1,164,156 

(1)(2)

Sequoia

Mortgage

Trust

2021-5

B3,

3.051%,

07/25/2051

923,215

0.0

1,032,369 

(1)(2)

Sequoia

Mortgage

Trust

2022-1

B3,

2.946%,

02/25/2052

826,796

0.0

2,362,018 

(1)(2)

Sequoia

Mortgage

Trust

2024-3

A19,

6.000%,

04/25/2054

2,347,031

0.1

1,373,130 

(2)

Sequoia

Mortgage

Trust

2024-4

A19,

6.000%,

05/25/2054

1,364,418

0.1

1,796,951 

(1)(2)

Sequoia

Mortgage

Trust

2024-9

A20,

5.500%,

10/25/2054

1,748,779

0.1

2,577,710 

(1)(2)

Shellpoint

Co.-

Originator

Trust

2017-2

B3,

3.632%,

10/25/2047

2,309,784

0.1

1,944,440 

(1)(2)

Shellpoint

Co-Originator

Trust

2017-2

B2,

3.632%,

10/25/2047

1,761,591

0.1

2,000,000 

(1)(2)

Starwood

Mortgage

Residential

Trust

2022-2

M1,

4.200%,

02/25/2067

1,524,149

0.1

21,814 

(1)

Structured

Adjustable

Rate

Mortgage

Loan

Trust

Series

2005-

4

3A1,

5.979%,

03/25/2035

19,750

0.0

3,679,691 

(1)(2)

Triangle

Re

Ltd.

2021-3

M1B,

7.469%,

(SOFR30A

+

2.900%),

02/25/2034

3,717,526

0.2

2,376,044 

(1)(2)

UWM

Mortgage

Trust

2021-INV4

B3,

3.219%,

12/25/2051

1,875,826

0.1

57,138,621 

(1)(3)

WaMu

Mortgage

Pass-

Through

Certificates

2005-AR1

X,

0.147%,

01/25/2045

574

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

20,647,170 

(1)(3)

WaMu

Mortgage

Pass-

Through

Certificates

2005-AR2

X,

0.001%,

01/25/2045

$

208

0.0

10,019 

(1)

WaMu

Mortgage

Pass-

Through

Certificates

2006-AR12

1A1,

4.823%,

10/25/2036

9,064

0.0

50,782 

(1)

WaMu

Mortgage

Pass-

Through

Certificates

2006-AR12

2A3,

4.186%,

10/25/2036

45,758

0.0

247,651 

(1)

WaMu

Mortgage

Pass-

Through

Certificates

2006-AR14

1A4,

4.228%,

11/25/2036

213,205

0.0

63,037 

(1)

WaMu

Mortgage

Pass-

Through

Certificates

2007-HY2

1A1,

4.297%,

12/25/2036

56,083

0.0

318,966 

(1)

WaMu

Mortgage

Pass-

Through

Certificates

2007-HY3

1A1,

3.824%,

03/25/2037

256,462

0.0

569,630 

(1)

WaMu

Mortgage

Pass-

Through

Certificates

Series

2004-AR7

A6,

6.139%,

07/25/2034

532,340

0.0

99,138 

(1)

WaMu

Mortgage

Pass-

Through

Certificates

Series

Trust

2004-AR4

A6,

6.221%,

06/25/2034

95,434

0.0

64,441 

(1)

WaMu

Mortgage

Pass-

Through

Certificates

Series

Trust

2006-

AR14

1A3,

4.228%,

11/25/2036

55,477

0.0

359,949 

(1)

Washington

Mutual

Mortgage

Pass-Through

Certificates

WMALT

2005-10

2A3,

5.353%,

(TSFR1M

+

1.014%),

11/25/2035

313,497

0.0

429,272 

Washington

Mutual

Mortgage

Pass-Through

Certificates

WMALT

2005-5

CB3,

5.500%,

07/25/2035

389,212

0.0

545,674 

(1)

Washington

Mutual

Mortgage

Pass-Through

Certificates

WMALT

2006-5

2CB2,

5.053%,

(TSFR1M

+

0.714%),

07/25/2036

349,292

0.0

1,497,352 

(1)

Washington

Mutual

Mortgage

Pass-Through

Certificates

WMALT

2006-AR5

3A,

5.765%,

(12MTA

+

0.940%),

07/25/2046

912,810

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

14

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COLLATERALIZED

MORTGAGE

OBLIGATIONS:

(continued)

610,520 

(1)

Washington

Mutual

Mortgage

Pass-Through

Certificates

WMALT

2006-AR6

2A,

5.785%,

(12MTA

+

0.960%),

08/25/2046

$

332,050

0.0

381,617 

Washington

Mutual

Mortgage

Pass-Through

Certificates

WMALT

Series

Trust

2005-

10

2A9,

6.000%,

11/25/2035

346,220

0.0

82,650 

Washington

Mutual

Mortgage

Pass-

Through

Certificates

WMALT

Series

Trust

2005-8

1A2,

5.500%,

10/25/2035

74,223

0.0

17,435 

(1)

Wells

Fargo

Alternative

Loan

Trust

2007-PA2

2A1,

4.883%,

(TSFR1M

+

0.544%),

06/25/2037

14,953

0.0

1,237,036 

(1)(2)

Wells

Fargo

Mortgage

Backed

Securities

2018-1

B3,

3.646%,

07/25/2047

1,074,398

0.1

336,008 

(1)

Wells

Fargo

Mortgage

Backed

Securities

Trust

2006-AR12

1A1,

7.605%,

09/25/2036

304,263

0.0

68,803 

(1)

Wells

Fargo

Mortgage

Backed

Securities

Trust

2007-AR7

A1,

6.683%,

12/28/2037

60,484

0.0

1,409,505 

(1)(2)

Wells

Fargo

Mortgage

Backed

Securities

Trust

2019-4

B3,

3.512%,

09/25/2049

972,441

0.1

1,806,984 

(1)(2)

Wells

Fargo

Mortgage

Backed

Securities

Trust

2020-1

B3,

3.373%,

12/25/2049

1,511,717

0.1

2,632,513 

(1)(2)

Wells

Fargo

Mortgage

Backed

Securities

Trust

2020-4

B2,

3.156%,

07/25/2050

2,273,038

0.1

1,830,820 

(1)(2)

Wells

Fargo

Mortgage

Backed

Securities

Trust

2021-1

B3,

2.700%,

12/25/2050

1,338,829

0.1

337,724 

(1)(2)

WinWater

Mortgage

Loan

Trust

2015-5

B4,

3.755%,

08/20/2045

304,176

0.0

Total

Collateralized

Mortgage

Obligations

(Cost

$561,944,973)

521,157,939

25.1

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES

:

18.9%

Basic

Materials

:

1.0%

1,500,000 

AngloGold

Ashanti

Holdings

PLC,

3.750%,

10/01/2030

$

1,354,387

0.1

1,005,000 

(2)

Avient

Corp.,

6.250%,

11/01/2031

992,416

0.1

600,000 

(2)(5)

Axalta

Coating

Systems

Dutch

Holding

B

BV,

7.250%,

02/15/2031

621,651

0.0

150,000 

(2)(5)

Axalta

Coating

Systems

LLC,

3.375%,

02/15/2029

136,303

0.0

700,000 

(2)

Cleveland-Cliffs,

Inc.,

4.625%,

03/01/2029

653,510

0.0

375,000 

(2)

Cleveland-Cliffs,

Inc.,

4.875%,

03/01/2031

336,899

0.0

450,000 

(2)(5)

Cleveland-Cliffs,

Inc.,

6.875%,

11/01/2029

445,689

0.0

875,000 

(2)

Constellium

SE,

5.625%,

06/15/2028

859,965

0.0

1,075,000 

(2)

Corp

Nacional

del

Cobre

de

Chile,

5.950%,

01/08/2034

1,071,977

0.1

625,000 

(2)

Corp

Nacional

del

Cobre

de

Chile,

6.440%,

01/26/2036

638,476

0.0

925,000 

(2)

Hudbay

Minerals,

Inc.,

4.500%,

04/01/2026

912,617

0.1

938,875 

(2)

Innophos

Holdings,

Inc.,

11.500%,

06/15/2029

976,430

0.1

1,650,000 

(5)

JSW

Steel

Ltd.,

5.050%,

04/05/2032

1,485,511

0.1

935,000 

(2)(5)

Mativ

Holdings,

Inc.,

8.000%,

10/01/2029

901,759

0.0

1,650,000 

(2)

NOVA

Chemicals

Corp.,

7.000%,

12/01/2031

1,644,023

0.1

200,000 

(2)

Novelis

Corp.,

3.250%,

11/15/2026

190,679

0.0

600,000 

(2)

Novelis

Corp.,

3.875%,

08/15/2031

517,265

0.0

250,000 

(2)

Novelis

Corp.,

4.750%,

01/30/2030

230,937

0.0

675,000 

(2)

Nufarm

Australia

Ltd.

/

Nufarm

Americas,

Inc.,

5.000%,

01/27/2030

622,581

0.0

1,775,000 

(2)

OCP

SA,

6.750%,

05/02/2034

1,813,606

0.1

400,000 

(2)

Olympus

Water

US

Holding

Corp.,

4.250%,

10/01/2028

374,136

0.0

400,000 

(2)

Olympus

Water

US

Holding

Corp.,

7.125%,

10/01/2027

407,490

0.0

2,025,000 

(2)

Sociedad

Quimica

y

Minera

de

Chile

SA,

5.500%,

09/10/2034

1,919,923

0.1

800,000 

(2)

SPCM

SA,

3.125%,

03/15/2027

756,855

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

15

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Basic

Materials:

(continued)

1,650,000 

(2)(5)

Tronox,

Inc.,

4.625%,

03/15/2029

$

1,482,848

0.1

21,347,933

1.0

Communications

:

2.2%

1,500,000 

(2)

Altice

Financing

SA,

5.750%,

08/15/2029

1,099,676

0.1

1,600,000 

(2)

Altice

France

SA,

5.125%,

07/15/2029

1,199,901

0.1

800,000 

(2)

Arches

Buyer,

Inc.,

6.125%,

12/01/2028

715,121

0.0

362,000 

(2)

Beasley

Mezzanine

Holdings

LLC,

9.200%,

08/01/2028

204,530

0.0

800,000 

(2)

Cablevision

Lightpath

LLC,

5.625%,

09/15/2028

746,929

0.0

1,750,000 

(2)(5)

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp.,

4.500%,

08/15/2030

1,572,875

0.1

1,325,000 

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp.,

4.500%,

05/01/2032

1,141,246

0.1

1,000,000 

(2)

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp.,

5.000%,

02/01/2028

964,739

0.0

1,025,000 

(2)

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp.,

5.125%,

05/01/2027

1,008,052

0.0

300,000 

(2)

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp.,

5.500%,

05/01/2026

299,396

0.0

1,200,000 

(2)

Connect

Finco

Sarl

/

Connect

US

Finco

LLC,

9.000%,

09/15/2029

1,094,465

0.1

2,110,000 

(2)

CSC

Holdings

LLC,

5.500%,

04/15/2027

1,890,812

0.1

1,375,000 

(2)

Directv

Financing

LLC

/

Directv

Financing

Co-

Obligor,

Inc.,

5.875%,

08/15/2027

1,341,125

0.1

1,300,000 

(2)

DISH

Network

Corp.,

11.750%,

11/15/2027

1,378,516

0.1

675,000 

(2)

GCI

LLC,

4.750%,

10/15/2028

631,111

0.0

1,025,000 

(2)

Gray

Escrow

II,

Inc.,

5.375%,

11/15/2031

547,789

0.0

1,500,000 

Lamar

Media

Corp.,

4.000%,

02/15/2030

1,366,940

0.1

1,150,000 

(2)

Level

3

Financing,

Inc.,

4.000%,

04/15/2031

911,375

0.0

1,175,000 

(2)

Level

3

Financing,

Inc.,

10.500%,

05/15/2030

1,285,450

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Communications:

(continued)

1,200,000 

(2)(5)

Match

Group

Holdings

II

LLC,

4.625%,

06/01/2028

$

1,143,785

0.1

1,050,000 

(2)

McGraw-Hill

Education,

Inc.,

8.000%,

08/01/2029

1,051,314

0.0

2,831,000 

Meta

Platforms,

Inc.,

4.750%,

08/15/2034

2,757,225

0.1

3,236,000 

Meta

Platforms,

Inc.,

5.400%,

08/15/2054

3,136,559

0.2

3,236,000 

Meta

Platforms,

Inc.,

5.550%,

08/15/2064

3,157,338

0.2

675,000 

(2)(5)

Outfront

Media

Capital

LLC

/

Outfront

Media

Capital

Corp.,

4.625%,

03/15/2030

624,276

0.0

865,000 

(1)

Paramount

Global,

6.375%,

03/30/2062

837,071

0.0

300,000 

(2)

Sirius

XM

Radio,

Inc.,

3.125%,

09/01/2026

288,435

0.0

1,875,000 

(2)

Sirius

XM

Radio,

Inc.,

5.000%,

08/01/2027

1,825,157

0.1

4,101,000 

Sprint

Capital

Corp.,

6.875%,

11/15/2028

4,356,320

0.2

850,000 

(2)

Stagwell

Global

LLC,

5.625%,

08/15/2029

810,296

0.0

1,200,000 

(2)

Univision

Communications,

Inc.,

6.625%,

06/01/2027

1,196,577

0.1

525,000 

(2)(5)

Viasat,

Inc.,

6.500%,

07/15/2028

426,143

0.0

425,000 

(2)

Viasat,

Inc.,

7.500%,

05/30/2031

295,984

0.0

625,000 

(2)

Viavi

Solutions,

Inc.,

3.750%,

10/01/2029

566,730

0.0

765,000 

(2)

Vmed

O2

UK

Financing

I

PLC,

4.750%,

07/15/2031

658,717

0.0

1,500,000 

(2)

Windstream

Escrow

LLC

/

Windstream

Escrow

Finance

Corp.,

8.250%,

10/01/2031

1,550,989

0.1

1,520,000 

(2)

Zayo

Group

Holdings,

Inc.,

6.125%,

03/01/2028

1,293,515

0.1

45,376,479

2.2

Consumer,

Cyclical

:

2.5%

800,000 

(2)

1011778

BC

ULC

/

New

Red

Finance,

Inc.,

4.000%,

10/15/2030

716,194

0.0

1,200,000 

(2)

1011778

BC

ULC

/

New

Red

Finance,

Inc.,

6.125%,

06/15/2029

1,205,386

0.1

600,000 

(2)

Adient

Global

Holdings

Ltd.,

4.875%,

08/15/2026

591,607

0.0

300,000 

(2)(5)

Adient

Global

Holdings

Ltd.,

8.250%,

04/15/2031

306,919

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

16

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Consumer,

Cyclical:

(continued)

275,000 

(2)

Allison

Transmission,

Inc.,

3.750%,

01/30/2031

$

243,492

0.0

625,000 

(2)

Allison

Transmission,

Inc.,

5.875%,

06/01/2029

621,704

0.0

775,000 

(2)(5)

American

Airlines,

Inc.,

7.250%,

02/15/2028

795,075

0.0

125,000 

(2)

American

Airlines,

Inc./

AAdvantage

Loyalty

IP

Ltd.,

5.500%,

04/20/2026

124,695

0.0

525,000 

Asbury

Automotive

Group,

Inc.,

4.500%,

03/01/2028

503,616

0.0

475,000 

(5)

Asbury

Automotive

Group,

Inc.,

4.750%,

03/01/2030

444,698

0.0

75,000 

(2)

Bath

&

Body

Works,

Inc.,

9.375%,

07/01/2025

76,366

0.0

925,000 

(2)

Caesars

Entertainment,

Inc.,

4.625%,

10/15/2029

866,783

0.1

900,000 

(2)

Caesars

Entertainment,

Inc.,

7.000%,

02/15/2030

917,352

0.1

525,000 

(2)

Carnival

Corp.,

4.000%,

08/01/2028

497,947

0.0

1,325,000 

(2)

Carnival

Corp.,

6.000%,

05/01/2029

1,322,879

0.1

1,298,149 

(2)(6)

Carvana

Co.,

9.000%

(PIK

Rate

12.000%,

Cash

Rate

9.000%),

12/01/2028

1,387,344

0.1

900,000 

(2)

CCM

Merger,

Inc.,

6.375%,

05/01/2026

902,454

0.1

800,000 

(2)

Cinemark

USA,

Inc.,

7.000%,

08/01/2032

817,076

0.1

108,782 

(2)

Delta

Air

Lines,

Inc.

/

SkyMiles

IP

Ltd.,

4.750%,

10/20/2028

107,360

0.0

700,000 

(2)

Dream

Finders

Homes,

Inc.,

8.250%,

08/15/2028

732,788

0.0

1,500,000 

(2)

eG

Global

Finance

PLC,

12.000%,

11/30/2028

1,679,272

0.1

1,400,000 

Ford

Motor

Credit

Co.

LLC,

2.700%,

08/10/2026

1,345,517

0.1

1,250,000 

Ford

Motor

Credit

Co.

LLC,

4.125%,

08/17/2027

1,209,206

0.1

725,000 

(2)

Foundation

Building

Materials,

Inc.,

6.000%,

03/01/2029

640,018

0.0

225,000 

(2)

Gap,

Inc.,

3.625%,

10/01/2029

202,265

0.0

600,000 

(2)

Gap,

Inc.,

3.875%,

10/01/2031

519,414

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Consumer,

Cyclical:

(continued)

605,000 

(2)

Gates

Corp.,

6.875%,

07/01/2029

$

616,173

0.0

4,125,000 

General

Motors

Financial

Co.,

Inc.,

5.800%,

01/07/2029

4,210,072

0.2

815,000 

(2)

Group

1

Automotive,

Inc.,

6.375%,

01/15/2030

818,665

0.1

605,000 

(2)

Hilton

Domestic

Operating

Co.,

Inc.,

5.875%,

03/15/2033

595,737

0.0

4,125,000 

(2)

Hyundai

Capital

America,

6.100%,

09/21/2028

4,245,165

0.2

650,000 

(2)

Installed

Building

Products,

Inc.,

5.750%,

02/01/2028

639,814

0.0

725,000 

(2)

Interface,

Inc.,

5.500%,

12/01/2028

712,845

0.0

200,000 

(2)

International

Game

Technology

PLC,

4.125%,

04/15/2026

197,218

0.0

900,000 

(2)

International

Game

Technology

PLC,

5.250%,

01/15/2029

878,621

0.1

725,000 

(2)(5)

Lithia

Motors,

Inc.,

4.375%,

01/15/2031

660,005

0.0

225,000 

M/I

Homes,

Inc.,

3.950%,

02/15/2030

204,229

0.0

525,000 

M/I

Homes,

Inc.,

4.950%,

02/01/2028

509,930

0.0

325,000 

Macy's

Retail

Holdings

LLC,

4.500%,

12/15/2034

271,071

0.0

450,000 

(2)

Macy's

Retail

Holdings

LLC,

6.125%,

03/15/2032

423,015

0.0

400,000 

MGM

Resorts

International,

4.625%,

09/01/2026

394,922

0.0

400,000 

MGM

Resorts

International,

4.750%,

10/15/2028

383,317

0.0

225,000 

MGM

Resorts

International,

6.500%,

04/15/2032

224,422

0.0

1,225,000 

(2)

Michaels

Cos.,

Inc.,

5.250%,

05/01/2028

926,301

0.1

650,000 

Murphy

Oil

USA,

Inc.,

4.750%,

09/15/2029

617,384

0.0

200,000 

Murphy

Oil

USA,

Inc.,

5.625%,

05/01/2027

199,116

0.0

225,000 

(2)

NCL

Corp.

Ltd.,

5.875%,

03/15/2026

224,860

0.0

150,000 

(2)

NCL

Corp.

Ltd.,

8.375%,

02/01/2028

156,953

0.0

700,000 

(2)

Raising

Cane's

Restaurants

LLC,

9.375%,

05/01/2029

750,758

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

17

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Consumer,

Cyclical:

(continued)

1,935,000 

(2)

Royal

Caribbean

Cruises

Ltd.,

5.375%,

07/15/2027

$

1,924,354

0.1

430,000 

(2)

Royal

Caribbean

Cruises

Ltd.,

5.625%,

09/30/2031

423,253

0.0

825,000 

(5)

Sally

Holdings

LLC

/

Sally

Capital,

Inc.,

6.750%,

03/01/2032

827,536

0.1

750,000 

(2)

Scientific

Games

Holdings

L.P./Scientific

Games

US

FinCo,

Inc.,

6.625%,

03/01/2030

718,345

0.0

800,000 

(2)

Scientific

Games

International,

Inc.,

7.000%,

05/15/2028

802,339

0.1

351,455 

(2)

Staples,

Inc.,

12.750%,

01/15/2030

275,243

0.0

955,000 

(2)

Station

Casinos

LLC,

4.500%,

02/15/2028

906,861

0.1

625,000 

(2)

Tempur

Sealy

International,

Inc.,

3.875%,

10/15/2031

545,826

0.0

150,000 

(2)

Tempur

Sealy

International,

Inc.,

4.000%,

04/15/2029

138,349

0.0

725,000 

(5)

United

Airlines

Holdings,

Inc.,

4.875%,

01/15/2025

724,017

0.0

450,000 

(2)

United

Airlines,

Inc.,

4.375%,

04/15/2026

442,813

0.0

1,520,000 

(2)

Victoria's

Secret

&

Co.,

4.625%,

07/15/2029

1,387,312

0.1

1,525,000 

(2)

Viking

Cruises

Ltd.,

5.875%,

09/15/2027

1,518,534

0.1

225,000 

(2)

Viking

Cruises

Ltd.,

7.000%,

02/15/2029

226,462

0.0

750,000 

(2)(5)

VistaJet

Malta

Finance

PLC

/

Vista

Management

Holding,

Inc.,

6.375%,

02/01/2030

656,129

0.0

800,000 

Walgreens

Boots

Alliance,

Inc.,

4.800%,

11/18/2044

572,501

0.0

540,000 

(5)

Walgreens

Boots

Alliance,

Inc.,

8.125%,

08/15/2029

535,176

0.0

875,000 

(2)

William

Carter

Co.,

5.625%,

03/15/2027

868,359

0.1

950,000 

(2)

Wynn

Las

Vegas

LLC

/

Wynn

Las

Vegas

Capital

Corp.,

5.250%,

05/15/2027

940,431

0.1

450,000 

(2)

ZF

North

America

Capital,

Inc.,

4.750%,

04/29/2025

448,199

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Consumer,

Cyclical:

(continued)

440,000 

(2)(5)

ZF

North

America

Capital,

Inc.,

6.875%,

04/14/2028

$

439,118

0.0

52,959,177

2.5

Consumer,

Non-cyclical

:

2.6%

700,000 

(2)

1375209

BC

Ltd.,

9.000%,

01/30/2028

701,850

0.0

850,000 

(2)

Acadia

Healthcare

Co.,

Inc.,

5.500%,

07/01/2028

815,529

0.0

570,000 

(2)(5)

AdaptHealth

LLC,

4.625%,

08/01/2029

513,269

0.0

805,000 

(2)

ADT

Security

Corp.,

4.125%,

08/01/2029

740,895

0.0

550,000 

(2)

AHP

Health

Partners,

Inc.,

5.750%,

07/15/2029

534,756

0.0

525,000 

(2)

Albertsons

Cos.,

Inc.

/

Safeway,

Inc.

/

New

Albertsons

L.P.

/

Albertsons

LLC,

3.500%,

03/15/2029

478,330

0.0

575,000 

(2)

Albertsons

Cos.,

Inc.

/

Safeway,

Inc.

/

New

Albertsons

L.P.

/

Albertsons

LLC,

5.875%,

02/15/2028

573,102

0.0

1,050,000 

(2)

Allied

Universal

Holdco

LLC/Allied

Universal

Finance

Corp./Atlas

Luxco

4

Sarl,

4.625%,

06/01/2028

993,661

0.1

500,000 

(2)

Allied

Universal

Holdco

LLC/Allied

Universal

Finance

Corp./Atlas

Luxco

4

Sarl,

4.625%,

06/01/2028

471,425

0.0

725,000 

(2)(5)

Alta

Equipment

Group,

Inc.,

9.000%,

06/01/2029

692,383

0.0

375,000 

(2)

APi

Group

DE,

Inc.,

4.125%,

07/15/2029

345,171

0.0

425,000 

(2)

APi

Group

DE,

Inc.,

4.750%,

10/15/2029

401,775

0.0

650,000 

(2)

Bausch

&

Lomb

Escrow

Corp.,

8.375%,

10/01/2028

673,562

0.0

750,000 

(2)

Bausch

Health

Cos.,

Inc.,

4.875%,

06/01/2028

600,836

0.0

565,000 

(2)

Bausch

Health

Cos.,

Inc.,

6.125%,

02/01/2027

513,367

0.0

775,000 

(2)

BellRing

Brands,

Inc.,

7.000%,

03/15/2030

795,059

0.0

1,370,000 

(2)

Belron

UK

Finance

PLC,

5.750%,

10/15/2029

1,357,066

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

18

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Consumer,

Non-cyclical:

(continued)

310,000 

(2)

Brink's

Co.,

6.500%,

06/15/2029

$

314,422

0.0

310,000 

(2)

Brink's

Co.,

6.750%,

06/15/2032

312,636

0.0

1,000,000 

(2)

Cheplapharm

Arzneimittel

GmbH,

5.500%,

01/15/2028

910,973

0.1

1,575,000 

(2)

CHS/Community

Health

Systems,

Inc.,

5.250%,

05/15/2030

1,295,072

0.1

1,225,000 

(2)

CHS/Community

Health

Systems,

Inc.,

5.625%,

03/15/2027

1,177,020

0.1

910,000 

(2)(5)

Cimpress

PLC,

7.375%,

09/15/2032

905,176

0.1

2,589,000 

Coca-Cola

Co.,

5.200%,

01/14/2055

2,460,815

0.1

750,000 

(2)

CPI

CG,

Inc.,

10.000%,

07/15/2029

805,585

0.0

275,000 

(2)

DaVita,

Inc.,

3.750%,

02/15/2031

238,208

0.0

1,100,000 

(2)

DaVita,

Inc.,

4.625%,

06/01/2030

1,012,204

0.1

1,650,000 

(2)

Embecta

Corp.,

5.000%,

02/15/2030

1,521,330

0.1

1,025,000 

(5)

Encompass

Health

Corp.,

4.750%,

02/01/2030

972,439

0.1

750,000 

(2)

Fiesta

Purchaser,

Inc.,

7.875%,

03/01/2031

783,835

0.0

225,000 

(2)

Fiesta

Purchaser,

Inc.,

9.625%,

09/15/2032

236,269

0.0

225,000 

(2)

Garda

World

Security

Corp.,

4.625%,

02/15/2027

218,730

0.0

650,000 

(2)

Graham

Holdings

Co.,

5.750%,

06/01/2026

647,870

0.0

1,000,000 

(2)

Jazz

Securities

DAC,

4.375%,

01/15/2029

945,733

0.1

875,000 

(2)

LifePoint

Health,

Inc.,

10.000%,

06/01/2032

890,747

0.1

800,000 

(2)

Medline

Borrower

L.P.,

3.875%,

04/01/2029

741,526

0.0

700,000 

(2)

Medline

Borrower

L.P.,

5.250%,

10/01/2029

676,210

0.0

1,000,000 

Minerva

Luxembourg

SA,

4.375%,

03/18/2031

845,000

0.1

1,600,000 

(2)

Minerva

Luxembourg

SA,

8.875%,

09/13/2033

1,669,504

0.1

750,000 

(2)

NESCO

Holdings

II,

Inc.,

5.500%,

04/15/2029

696,723

0.0

400,000 

New

Albertsons

L.P.,

7.450%,

08/01/2029

415,946

0.0

1,100,000 

(2)(5)

Organon

&

Co

/

Organon

Foreign

Debt

Co-Issuer

BV,

5.125%,

04/30/2031

989,758

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Consumer,

Non-cyclical:

(continued)

400,000 

(2)(5)

Organon

&

Co

/

Organon

Foreign

Debt

Co-Issuer

BV,

7.875%,

05/15/2034

$

409,444

0.0

975,000 

(2)

Performance

Food

Group,

Inc.,

6.125%,

09/15/2032

976,174

0.1

975,000 

(5)

Perrigo

Finance

Unlimited

Co.

USD,

6.125%,

09/30/2032

954,613

0.1

675,000 

(2)

Post

Holdings,

Inc.,

4.625%,

04/15/2030

623,108

0.0

935,000 

(2)

Post

Holdings,

Inc.,

6.250%,

10/15/2034

913,159

0.1

190,000 

(2)

Post

Holdings,

Inc.,

6.375%,

03/01/2033

186,459

0.0

1,100,000 

(2)

Prime

Security

Services

Borrower

LLC

/

Prime

Finance,

Inc.,

6.250%,

01/15/2028

1,095,236

0.1

760,000 

(2)

Primo

Water

Holdings,

Inc.,

4.375%,

04/30/2029

707,452

0.0

1,800,000 

(2)

Raven

Acquisition

Holdings

LLC,

6.875%,

11/15/2031

1,786,443

0.1

1,180,000 

(2)

Select

Medical

Corp.,

6.250%,

12/01/2032

1,137,350

0.1

1,505,000 

Service

Corp.

International,

5.750%,

10/15/2032

1,461,706

0.1

685,000 

(2)

Simmons

Foods,

Inc./

Simmons

Prepared

Foods,,

Inc.

./

Simmons

Pet

Food,,

Inc../Simmons

Feed,

4.625%,

03/01/2029

633,822

0.0

530,000 

(2)

Sotera

Health

Holdings

LLC,

7.375%,

06/01/2031

537,606

0.0

700,000 

(2)

Star

Parent,

Inc.,

9.000%,

10/01/2030

727,895

0.0

640,000 

(2)

Teleflex,

Inc.,

4.250%,

06/01/2028

610,319

0.0

275,000 

Tenet

Healthcare

Corp.,

4.250%,

06/01/2029

258,421

0.0

650,000 

Tenet

Healthcare

Corp.,

5.125%,

11/01/2027

637,158

0.0

1,075,000 

Tenet

Healthcare

Corp.,

6.125%,

10/01/2028

1,073,968

0.1

1,015,000 

Tenet

Healthcare

Corp.,

6.125%,

06/15/2030

1,008,269

0.1

1,475,000 

(2)

United

Natural

Foods,

Inc.,

6.750%,

10/15/2028

1,455,208

0.1

275,000 

(5)

United

Rentals

North

America,

Inc.,

3.750%,

01/15/2032

241,090

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

19

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Consumer,

Non-cyclical:

(continued)

700,000 

(5)

United

Rentals

North

America,

Inc.,

4.875%,

01/15/2028

$

681,816

0.0

575,000 

(2)

United

Rentals

North

America,

Inc.,

6.125%,

03/15/2034

571,222

0.0

1,460,000 

(2)

US

Foods,

Inc.,

5.750%,

04/15/2033

1,422,471

0.1

375,000 

(2)

Williams

Scotsman

International,

Inc.,

4.625%,

08/15/2028

358,376

0.0

700,000 

(2)

Williams

Scotsman

International,

Inc.,

6.125%,

06/15/2025

699,723

0.0

54,054,275

2.6

Energy

:

2.3%

500,000 

(2)

Antero

Midstream

Partners

L.P.

/

Antero

Midstream

Finance

Corp.,

5.375%,

06/15/2029

487,277

0.0

700,000 

(2)

Antero

Midstream

Partners

L.P.

/

Antero

Midstream

Finance

Corp.,

5.750%,

03/01/2027

697,216

0.0

635,000 

(2)

Archrock

Partners

L.P.

/

Archrock

Partners

Finance

Corp.,

6.250%,

04/01/2028

632,012

0.0

400,000 

(2)

Archrock

Partners

L.P.

/

Archrock

Partners

Finance

Corp.,

6.625%,

09/01/2032

399,880

0.0

108,000 

(2)

Archrock

Partners

L.P.

/

Archrock

Partners

Finance

Corp.,

6.875%,

04/01/2027

108,662

0.0

850,000 

(2)(5)

Ascent

Resources

Utica

Holdings

LLC

/

ARU

Finance

Corp.,

5.875%,

06/30/2029

828,627

0.1

825,000 

(2)

Baytex

Energy

Corp.,

8.500%,

04/30/2030

843,721

0.1

310,000 

Cenovus

Energy,

Inc.,

5.250%,

06/15/2037

291,555

0.0

975,000 

(2)

Chord

Energy

Corp.,

6.375%,

06/01/2026

975,448

0.1

800,000 

(2)

Crescent

Energy

Finance

LLC,

7.625%,

04/01/2032

796,623

0.0

475,000 

(2)

Delek

Logistics

Partners

L.P.

/

Delek

Logistics

Finance

Corp.,

7.125%,

06/01/2028

475,075

0.0

550,000 

(2)

Delek

Logistics

Partners

L.P.

/

Delek

Logistics

Finance

Corp.,

8.625%,

03/15/2029

569,174

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Energy:

(continued)

162,000 

Devon

Energy

Corp.,

4.500%,

01/15/2030

$

156,764

0.0

275,000 

(2)

DT

Midstream,

Inc.,

4.125%,

06/15/2029

257,009

0.0

475,000 

(2)

DT

Midstream,

Inc.,

4.375%,

06/15/2031

433,742

0.0

820,000 

(2)

Earthstone

Energy

Holdings

LLC,

8.000%,

04/15/2027

837,949

0.1

1,300,000 

Ecopetrol

SA,

6.875%,

04/29/2030

1,271,725

0.1

1,985,000 

Ecopetrol

SA,

7.750%,

02/01/2032

1,935,871

0.1

1,030,000 

Ecopetrol

SA,

8.375%,

01/19/2036

996,010

0.1

700,000 

(2)

EIG

Pearl

Holdings

Sarl,

3.545%,

08/31/2036

602,219

0.0

340,000 

(2)

Empresa

Nacional

del

Petroleo,

5.250%,

11/06/2029

337,244

0.0

1,200,000 

Empresa

Nacional

del

Petroleo,

5.250%,

11/06/2029

1,190,274

0.1

900,000 

(2)

Encino

Acquisition

Partners

Holdings

LLC,

8.500%,

05/01/2028

919,226

0.1

743,000 

(2)

Enerflex

Ltd.,

9.000%,

10/15/2027

774,132

0.0

2,725,000 

(1)

Energy

Transfer

L.P.

G,

7.125%,

12/31/2199

2,741,625

0.1

1,200,000 

EnLink

Midstream

LLC,

5.375%,

06/01/2029

1,200,818

0.1

1,200,000 

(2)

EQM

Midstream

Partners

L.P.,

4.750%,

01/15/2031

1,129,356

0.1

675,000 

(2)

Global

Partners

L.P.

/

GLP

Finance

Corp.,

8.250%,

01/15/2032

694,702

0.0

400,000 

(2)

Greensaif

Pipelines

Bidco

Sarl,

6.129%,

02/23/2038

403,002

0.0

725,000 

(2)

Greensaif

Pipelines

Bidco

Sarl,

6.510%,

02/23/2042

735,875

0.0

425,000 

(2)

Hilcorp

Energy

I

L.P.

/

Hilcorp

Finance

Co.,

5.750%,

02/01/2029

405,879

0.0

450,000 

(2)

Hilcorp

Energy

I

L.P.

/

Hilcorp

Finance

Co.,

6.000%,

04/15/2030

425,160

0.0

450,000 

(2)

Hilcorp

Energy

I

L.P.

/

Hilcorp

Finance

Co.,

6.000%,

02/01/2031

417,846

0.0

1,575,000 

(2)

Hunt

Oil

Co.

of

Peru

LLC

Sucursal

Del

Peru,

8.550%,

09/18/2033

1,720,191

0.1

775,000 

(2)

Kinetik

Holdings

L.P.,

5.875%,

06/15/2030

763,413

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

20

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Energy:

(continued)

775,000 

(2)

Kodiak

Gas

Services

LLC,

7.250%,

02/15/2029

$

791,269

0.0

200,000 

(2)

Matador

Resources

Co.,

6.500%,

04/15/2032

198,075

0.0

900,000 

(2)

Matador

Resources

Co.,

6.875%,

04/15/2028

913,663

0.1

1,000,000 

Medco

Maple

Tree

Pte

Ltd.,

8.960%,

04/27/2029

1,054,060

0.1

785,000 

(2)

Moss

Creek

Resources

Holdings,

Inc.,

8.250%,

09/01/2031

771,150

0.0

1,500,000 

(2)

Northriver

Midstream

Finance

L.P.,

6.750%,

07/15/2032

1,510,322

0.1

825,000 

(2)

Permian

Resources

Operating

LLC,

5.875%,

07/01/2029

810,090

0.0

300,000 

(2)

Permian

Resources

Operating

LLC,

6.250%,

02/01/2033

296,373

0.0

1,000,000 

Petroleos

del

Peru

SA,

4.750%,

06/19/2032

758,437

0.0

3,300,000 

Petroleos

Mexicanos,

6.500%,

03/13/2027

3,188,130

0.2

1,475,000 

(2)

Pluspetrol

Camisea

SA

/

Pluspetrol

Lote

56

SA,

6.240%,

07/03/2036

1,485,178

0.1

1,400,000 

(2)

Raizen

Fuels

Finance

SA,

5.700%,

01/17/2035

1,300,215

0.1

1,500,000 

(2)

Summit

Midstream

Holdings

LLC,

8.625%,

10/31/2029

1,557,233

0.1

225,000 

(2)

Sunoco

L.P.,

7.000%,

05/01/2029

231,066

0.0

315,000 

Sunoco

L.P.

/

Sunoco

Finance

Corp.,

4.500%,

05/15/2029

297,199

0.0

690,000 

Sunoco

L.P.

/

Sunoco

Finance

Corp.,

4.500%,

04/30/2030

640,453

0.0

375,000 

(2)

Talos

Production,

Inc.,

9.000%,

02/01/2029

385,090

0.0

500,000 

(2)

Talos

Production,

Inc.,

9.375%,

02/01/2031

510,200

0.0

450,000 

(2)

Transocean

Poseidon

Ltd.,

6.875%,

02/01/2027

451,709

0.0

120,000 

(2)

Transocean

Titan

Financing

Ltd.,

8.375%,

02/01/2028

122,571

0.0

800,000 

(2)

Venture

Global

Calcasieu

Pass

LLC,

4.125%,

08/15/2031

717,055

0.0

920,000 

(2)

Venture

Global

LNG,

Inc.,

7.000%,

01/15/2030

934,669

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Energy:

(continued)

875,000 

(2)

Venture

Global

LNG,

Inc.,

8.125%,

06/01/2028

$

910,921

0.1

775,000 

(2)

Venture

Global

LNG,

Inc.,

8.375%,

06/01/2031

809,070

0.0

48,099,500

2.3

Financial

:

4.8%

390,000 

(2)

Acrisure

LLC

/

Acrisure

Finance,

Inc.,

6.000%,

08/01/2029

375,579

0.0

745,000 

(2)

Acrisure

LLC

/

Acrisure

Finance,

Inc.,

7.500%,

11/06/2030

767,920

0.0

355,000 

(2)

Acrisure

LLC

/

Acrisure

Finance,

Inc.,

8.500%,

06/15/2029

371,653

0.0

760,000 

(2)

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co-Issuer,

6.500%,

10/01/2031

753,444

0.0

800,000 

(2)

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co-Issuer,

7.375%,

10/01/2032

808,362

0.1

425,000 

Ally

Financial,

Inc.,

5.750%,

11/20/2025

427,389

0.0

350,000 

(5)

Ally

Financial,

Inc.,

6.700%,

02/14/2033

353,002

0.0

4,125,000 

(1)

American

Express

Co.,

5.282%,

07/27/2029

4,172,554

0.2

800,000 

(2)

Aretec

Escrow

Issuer,

Inc.,

7.500%,

04/01/2029

797,151

0.0

984,000 

(1)(2)

Banco

del

Estado

de

Chile,

7.950%,

12/31/2199

1,017,456

0.1

1,300,000 

(2)

Bank

Gospodarstwa

Krajowego,

5.750%,

07/09/2034

1,288,417

0.1

3,000,000 

(1)

Bank

of

America

Corp.,

MTN,

3.384%,

04/02/2026

2,988,704

0.2

825,000 

(2)

BroadStreet

Partners,

Inc.,

5.875%,

04/15/2029

802,388

0.1

625,000 

(2)

Burford

Capital

Global

Finance

LLC,

6.875%,

04/15/2030

628,348

0.0

4,125,000 

Crown

Castle,

Inc.,

5.600%,

06/01/2029

4,206,549

0.2

1,800,000 

(1)(2)(5)

Danske

Bank

A/S,

6.466%,

01/09/2026

1,800,393

0.1

835,000 

(2)

Focus

Financial

Partners

LLC,

6.750%,

09/15/2031

832,601

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

21

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Financial:

(continued)

725,000 

(2)

Freedom

Mortgage

Corp.,

6.625%,

01/15/2027

$

725,884

0.0

430,000 

(2)

Freedom

Mortgage

Corp.,

12.250%,

10/01/2030

476,002

0.0

175,000 

(2)

Freedom

Mortgage

Holdings

LLC,

9.125%,

05/15/2031

180,656

0.0

3,000 

(1)

Goldman

Sachs

Group,

Inc.,

5.016%,

10/23/2035

2,873

0.0

8,251,000 

(1)

Goldman

Sachs

Group,

Inc.,

5.727%,

04/25/2030

8,423,785

0.4

1,650,000 

(2)

Icahn

Enterprises

L.P.

/

Icahn

Enterprises

Finance

Corp.,

10.000%,

11/15/2029

1,655,959

0.1

1,550,000 

(2)

Iron

Mountain,

Inc.,

5.250%,

07/15/2030

1,480,768

0.1

1,460,000 

(2)

Jane

Street

Group

/

JSG

Finance,

Inc.,

6.125%,

11/01/2032

1,447,446

0.1

2,000,000 

(1)

JPMorgan

Chase

&

Co.,

2.083%,

04/22/2026

1,983,090

0.1

198,000 

(1)

JPMorgan

Chase

&

Co.,

4.452%,

12/05/2029

194,105

0.0

8,251,000 

(1)

JPMorgan

Chase

&

Co.,

5.571%,

04/22/2028

8,392,335

0.4

200,000 

(2)

Ladder

Capital

Finance

Holdings

LLLP

/

Ladder

Capital

Finance

Corp.,

4.250%,

02/01/2027

193,003

0.0

675,000 

(2)

Ladder

Capital

Finance

Holdings

LLLP

/

Ladder

Capital

Finance

Corp.,

4.750%,

06/15/2029

637,148

0.0

4,125,000 

(2)

Met

Tower

Global

Funding,

5.250%,

04/12/2029

4,178,661

0.2

400,000 

(2)

Midcap

Financial

Issuer

Trust,

5.625%,

01/15/2030

367,632

0.0

515,000 

(2)

Midcap

Financial

Issuer

Trust,

6.500%,

05/01/2028

504,162

0.0

4,020,000 

(1)

Mitsubishi

UFJ

Financial

Group,

Inc.,

5.258%,

04/17/2030

4,055,876

0.2

2,000,000 

(1)

Morgan

Stanley,

0.985%,

12/10/2026

1,929,065

0.1

2,000,000 

(1)

Morgan

Stanley,

2.188%,

04/28/2026

1,982,437

0.1

2,500,000 

(1)

Morgan

Stanley,

4.679%,

07/17/2026

2,497,954

0.1

5,000 

(1)

Morgan

Stanley,

5.466%,

01/18/2035

4,974

0.0

7,000 

(1)

Morgan

Stanley,

5.831%,

04/19/2035

7,136

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Financial:

(continued)

16,000 

(1)

Morgan

Stanley,

6.627%,

11/01/2034

$

17,200

0.0

61,000 

(1)

Morgan

Stanley,

MTN,

5.424%,

07/21/2034

60,603

0.0

8,251,000 

(1)

Morgan

Stanley,

MTN,

5.652%,

04/13/2028

8,391,493

0.4

675,000 

(5)

MPT

Operating

Partnership

L.P.

/

MPT

Finance

Corp.,

4.625%,

08/01/2029

484,326

0.0

825,000 

(5)

MPT

Operating

Partnership

L.P.

/

MPT

Finance

Corp.,

5.000%,

10/15/2027

696,338

0.0

575,000 

(2)

Nationstar

Mortgage

Holdings,

Inc.,

5.000%,

02/01/2026

571,039

0.0

875,000 

(2)

Nationstar

Mortgage

Holdings,

Inc.,

5.125%,

12/15/2030

817,251

0.1

350,000 

Navient

Corp.,

5.000%,

03/15/2027

343,309

0.0

250,000 

Navient

Corp.,

6.750%,

06/25/2025

250,425

0.0

340,000 

OneMain

Finance

Corp.,

4.000%,

09/15/2030

302,450

0.0

800,000 

OneMain

Finance

Corp.,

5.375%,

11/15/2029

769,781

0.0

325,000 

OneMain

Finance

Corp.,

7.125%,

03/15/2026

331,081

0.0

825,000 

(2)

Panther

Escrow

Issuer

LLC,

7.125%,

06/01/2031

834,145

0.1

850,000 

(2)

Park

Intermediate

Holdings

LLC

/

PK

Domestic

Property

LLC

/

PK

Finance

Co-Issuer,

7.000%,

02/01/2030

863,310

0.1

720,000 

(2)

PHH

Escrow

Issuer

LLC,

9.875%,

11/01/2029

723,974

0.0

21,000 

(1)

PNC

Financial

Services

Group,

Inc.,

6.037%,

10/28/2033

21,741

0.0

600,000 

(2)(5)

PRA

Group,

Inc.,

5.000%,

10/01/2029

549,458

0.0

165,000 

(2)

RHP

Hotel

Properties

L.P.

/

RHP

Finance

Corp.,

6.500%,

04/01/2032

165,967

0.0

925,000 

(2)

RHP

Hotel

Properties

L.P.

/

RHP

Finance

Corp.,

7.250%,

07/15/2028

954,450

0.1

375,000 

(2)

RLJ

Lodging

Trust

L.P.,

3.750%,

07/01/2026

365,000

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

22

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Financial:

(continued)

975,000 

(2)

Ryan

Specialty

LLC,

5.875%,

08/01/2032

$

965,350

0.1

4,194,000 

Sumitomo

Mitsui

Financial

Group,

Inc.,

5.316%,

07/09/2029

4,242,954

0.2

125,000 

(2)

United

Wholesale

Mortgage

LLC,

5.500%,

11/15/2025

124,474

0.0

1,030,000 

(2)

United

Wholesale

Mortgage

LLC,

5.750%,

06/15/2027

1,018,175

0.1

760,000 

(2)

VFH

Parent

LLC

/

Valor

Co-Issuer,

Inc.,

7.500%,

06/15/2031

782,532

0.0

2,000,000 

(1)

Wells

Fargo

&

Co.,

MTN,

4.540%,

08/15/2026

1,996,496

0.1

8,251,000 

(1)

Wells

Fargo

&

Co.,

MTN,

5.707%,

04/22/2028

8,387,789

0.4

98,743,972

4.8

Industrial

:

1.9%

650,000 

(2)

AAR

Escrow

Issuer

LLC,

6.750%,

03/15/2029

659,758

0.0

1,400,000 

(2)(5)

Aeropuertos

Dominicanos

Siglo

XXI

SA,

7.000%,

06/30/2034

1,440,257

0.1

910,000 

(2)

Arcosa,

Inc.,

6.875%,

08/15/2032

925,711

0.1

800,000 

(2)

Ardagh

Metal

Packaging

Finance

USA

LLC

/

Ardagh

Metal

Packaging

Finance

PLC,

4.000%,

09/01/2029

688,114

0.0

4,190,000 

(2)

BAE

Systems

PLC,

5.125%,

03/26/2029

4,201,390

0.2

475,000 

(2)(5)

Bombardier,

Inc.,

7.500%,

02/01/2029

494,628

0.0

312,000 

(2)

Bombardier,

Inc.,

7.875%,

04/15/2027

312,668

0.0

200,000 

(2)

Bombardier,

Inc.,

8.750%,

11/15/2030

215,237

0.0

875,000 

(2)

Brundage-Bone

Concrete

Pumping

Holdings,

Inc.,

6.000%,

02/01/2026

875,371

0.1

150,000 

(2)

Cascades,

Inc.

/

Cascades

USA,

Inc.,

5.125%,

01/15/2026

149,185

0.0

775,000 

(2)

Cascades,

Inc.

/

Cascades

USA,

Inc.,

5.375%,

01/15/2028

752,849

0.0

800,000 

(2)

Chart

Industries,

Inc.,

7.500%,

01/01/2030

832,742

0.0

725,000 

(2)

Clean

Harbors,

Inc.,

6.375%,

02/01/2031

730,543

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Industrial:

(continued)

900,000 

(2)

Emerald

Debt

Merger

Sub

LLC,

6.625%,

12/15/2030

$

902,325

0.1

950,000 

(2)

Fortress

Transportation

and

Infrastructure

Investors

LLC,

5.500%,

05/01/2028

933,854

0.1

1,584,000 

(2)

Fortress

Transportation

and

Infrastructure

Investors

LLC,

5.875%,

04/15/2033

1,530,323

0.1

750,000 

(2)

GFL

Environmental,

Inc.,

4.000%,

08/01/2028

710,785

0.0

450,000 

(2)

GFL

Environmental,

Inc.,

4.375%,

08/15/2029

425,780

0.0

325,000 

(2)

Global

Infrastructure

Solutions,

Inc.,

5.625%,

06/01/2029

314,029

0.0

350,000 

(2)

Global

Infrastructure

Solutions,

Inc.,

7.500%,

04/15/2032

348,360

0.0

1,025,000 

(2)

Graham

Packaging

Co.,

Inc.,

7.125%,

08/15/2028

1,015,136

0.1

975,000 

(2)

Imola

Merger

Corp.,

4.750%,

05/15/2029

925,392

0.1

675,000 

(2)

Intelligent

Packaging

Ltd.

Finco,

Inc.

/

Intelligent

Packaging

Ltd.

Co-Issuer

LLC,

6.000%,

09/15/2028

666,074

0.0

1,750,000 

(2)

Kingston

Airport

Revenue

Finance

Ltd.,

6.750%,

12/15/2036

1,763,300

0.1

875,000 

(2)

Madison

IAQ

LLC,

5.875%,

06/30/2029

827,168

0.0

1,520,000 

(2)

Oscar

AcquisitionCo

LLC

/

Oscar

Finance,

Inc.,

9.500%,

04/15/2030

1,434,163

0.1

1,150,000 

(2)(5)

Owens-Brockway

Glass

Container,

Inc.,

7.250%,

05/15/2031

1,120,641

0.1

4,125,000 

(2)

Penske

Truck

Leasing

Co.

L.P.

/

PTL

Finance

Corp.,

5.350%,

03/30/2029

4,158,866

0.2

400,000 

(2)

Rolls-Royce

PLC,

3.625%,

10/14/2025

393,614

0.0

725,000 

(2)

Sealed

Air

Corp.,

4.000%,

12/01/2027

695,503

0.0

425,000 

(2)(5)

Sealed

Air

Corp/Sealed

Air

Corp.

US,

6.125%,

02/01/2028

426,756

0.0

875,000 

(2)

Sensata

Technologies,

Inc.,

3.750%,

02/15/2031

765,916

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

23

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Industrial:

(continued)

875,000 

(2)

Sisecam

UK

PLC,

8.250%,

05/02/2029

$

879,515

0.1

660,000 

(2)

Sitios

Latinoamerica

SAB

de

CV,

6.000%,

11/25/2029

660,003

0.0

900,000 

(2)

Smyrna

Ready

Mix

Concrete

LLC,

8.875%,

11/15/2031

946,539

0.1

675,000 

(2)

Standard

Industries,

Inc.,

3.375%,

01/15/2031

579,305

0.0

425,000 

(2)

Standard

Industries,

Inc.,

4.375%,

07/15/2030

389,721

0.0

625,000 

(2)

Summit

Materials

LLC

/

Summit

Materials

Finance

Corp.,

5.250%,

01/15/2029

629,897

0.0

440,000 

(2)

Summit

Materials

LLC

/

Summit

Materials

Finance

Corp.,

6.500%,

03/15/2027

440,165

0.0

955,000 

(2)

TransDigm,

Inc.,

6.000%,

01/15/2033

936,712

0.1

550,000 

(2)

TransDigm,

Inc.,

6.625%,

03/01/2032

555,652

0.0

650,000 

(2)

Weekley

Homes

LLC

/

Weekley

Finance

Corp.,

4.875%,

09/15/2028

622,677

0.0

1,005,000 

(2)

Wilsonart

LLC,

11.000%,

08/15/2032

986,248

0.1

39,262,872

1.9

Technology

:

0.4%

800,000 

(2)

Amentum

Escrow

Corp.,

7.250%,

08/01/2032

806,974

0.1

2,400,000 

(2)

Cloud

Software

Group,

Inc.,

6.500%,

03/31/2029

2,358,691

0.1

500,000 

(2)

Entegris

Escrow

Corp.,

5.950%,

06/15/2030

496,378

0.0

350,000 

(2)

Entegris,

Inc.,

3.625%,

05/01/2029

317,330

0.0

700,000 

(2)

Fortress

Intermediate

3,

Inc.,

7.500%,

06/01/2031

714,645

0.0

400,000 

(2)

Open

Text

Corp.,

3.875%,

12/01/2029

362,419

0.0

800,000 

(2)

Open

Text

Holdings,

Inc.,

4.125%,

02/15/2030

726,224

0.0

790,000 

(2)

Playtika

Holding

Corp.,

4.250%,

03/15/2029

719,190

0.0

850,000 

(2)

Rocket

Software,

Inc.,

6.500%,

02/15/2029

801,381

0.1

825,000 

(2)

UKG,

Inc.,

6.875%,

02/01/2031

837,876

0.1

8,141,108

0.4

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Utilities

:

1.2%

1,256,321 

(2)

AES

Panama

Generation

Holdings

SRL,

4.375%,

05/31/2030

$

1,099,941

0.1

379,267 

AES

Panama

Generation

Holdings

SRL,

4.375%,

05/31/2030

332,058

0.0

1,500,000 

(2)

Alpha

Generation

LLC,

6.750%,

10/15/2032

1,485,450

0.1

475,000 

(2)

Calpine

Corp.,

4.500%,

02/15/2028

455,961

0.0

400,000 

(2)

Calpine

Corp.,

5.000%,

02/01/2031

376,438

0.0

650,000 

(2)

Calpine

Corp.,

5.125%,

03/15/2028

630,901

0.0

34,000 

(2)

Calpine

Corp.,

5.250%,

06/01/2026

33,980

0.0

1,000,000 

(2)

Centrais

Eletricas

Brasileiras

SA,

6.500%,

01/11/2035

932,800

0.1

1,100,000 

(2)

Chile

Electricity

Lux

Mpc

II

Sarl,

5.580%,

10/20/2035

1,071,400

0.1

1,225,000 

(2)

Comision

Federal

de

Electricidad,

5.700%,

01/24/2030

1,183,044

0.1

1,700,000 

(2)

Comision

Federal

de

Electricidad,

6.450%,

01/24/2035

1,612,875

0.1

800,000 

(2)

Lightning

Power

LLC,

7.250%,

08/15/2032

824,894

0.1

3,681,000 

(1)

National

Rural

Utilities

Cooperative

Finance

Corp.,

7.761%,

(TSFR3M

+

3.172%),

04/30/2043

3,688,640

0.2

2,875,000 

(1)

NextEra

Energy

Capital

Holdings,

Inc.,

5.650%,

05/01/2079

2,816,714

0.1

1,950,000 

(2)

Niagara

Energy

SAC,

5.746%,

10/03/2034

1,891,110

0.1

710,000 

(2)

NRG

Energy,

Inc.,

6.000%,

02/01/2033

690,134

0.0

770,000 

(2)

NRG

Energy,

Inc.,

6.250%,

11/01/2034

755,859

0.0

2,950,000 

South

Jersey

Industries,

Inc.,

5.020%,

04/15/2031

2,443,575

0.1

700,000 

TransAlta

Corp.,

7.750%,

11/15/2029

730,553

0.0

475,000 

(2)

Vistra

Operations

Co.

LLC,

4.375%,

05/01/2029

447,651

0.0

750,000 

(2)

Vistra

Operations

Co.

LLC,

5.500%,

09/01/2026

748,253

0.0

350,000 

(2)

Vistra

Operations

Co.

LLC,

5.625%,

02/15/2027

349,650

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

24

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

CORPORATE

BONDS/NOTES:

(continued)

Utilities:

(continued)

475,000 

(2)

Vistra

Operations

Co.

LLC,

7.750%,

10/15/2031

$

498,748

0.0

25,100,629

1.2

Total

Corporate

Bonds/

Notes

(Cost

$394,502,199)

393,085,945

18.9

COMMERCIAL

MORTGAGE-BACKED

SECURITIES

:

17.8%

1,971,929 

(1)(2)

AREIT

LLC

2023-CRE8

A,

6.494%,

(TSFR1M

+

2.112%),

08/17/2041

1,980,740

0.1

3,500,000 

(1)(2)

ARES1

2024-IND2

A,

5.840%,

(TSFR1M

+

1.443%),

10/15/2034

3,511,695

0.2

1,500,000 

(2)

ARZ

Trust

2024-BILT

C,

6.361%,

06/11/2029

1,507,735

0.1

1,600,000 

(2)

Atrium

Hotel

Portfolio

Trust

2024-ATRM

A,

5.409%,

11/10/2029

1,594,348

0.1

3,400,000 

(2)

Atrium

Hotel

Portfolio

Trust

2024-ATRM

B,

5.894%,

11/10/2029

3,389,814

0.2

2,500,000 

(1)(2)

BAHA

Trust

2024-MAR

A,

6.171%,

12/10/2041

2,527,844

0.1

2,500,000 

(1)(2)

BAHA

Trust

2024-MAR

B,

7.069%,

12/10/2041

2,558,737

0.1

685,000 

(1)

BANK

2017-BNK4

C,

4.372%,

05/15/2050

584,549

0.0

5,320,000 

(1)(2)(3)

BANK

2017-BNK4

XE,

1.473%,

05/15/2050

151,540

0.0

16,600,000 

(1)(2)(3)

BANK

2017-BNK6

XE,

1.500%,

07/15/2060

517,829

0.0

9,344,015 

(1)(3)

BANK

2019-BN16

XA,

0.935%,

02/15/2052

273,549

0.0

48,358,319 

(1)(3)

BANK

2019-BN17

XA,

0.997%,

04/15/2052

1,661,246

0.1

28,573,210 

(1)(3)

BANK

2019-BN19

XA,

0.935%,

08/15/2061

1,018,276

0.1

57,063,999 

(1)(3)

BANK

2019-BN22

XA,

0.579%,

11/15/2062

1,373,556

0.1

1,500,000 

(1)

BANK

2019-BN24

C,

3.517%,

11/15/2062

1,242,690

0.1

2,500,000 

(1)

BANK5

2024-5YR10

C,

5.743%,

10/15/2057

2,461,823

0.1

2,000,000 

BBCMS

Mortgage

Trust

2024-5C27

A3,

6.014%,

07/15/2057

2,068,769

0.1

1,000,000 

BBCMS

Mortgage

Trust

2024-5C31

C,

5.756%,

12/15/2057

989,787

0.0

10,118,778 

(1)(3)

BBCMS

Trust

2021-

C10

XA,

1.213%,

07/15/2054

552,691

0.0

2,000,000 

(1)(2)

BDS

LLC

2024-FL13

A,

5.943%,

(TSFR1M

+

1.576%),

09/19/2039

2,010,501

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

1,274,477 

(1)(2)

BDS

Ltd.

2021-FL10

A,

5.840%,

(TSFR1M

+

1.464%),

12/16/2036

$

1,276,130

0.1

96,361,302 

(1)(3)

Benchmark

Mortgage

Trust

2018-B7

XA,

0.407%,

05/15/2053

1,151,267

0.1

43,804,856 

(1)(3)

Benchmark

Mortgage

Trust

2019-B10

XA,

1.221%,

03/15/2062

1,803,006

0.1

42,285,000 

(1)(2)(3)

Benchmark

Mortgage

Trust

2019-B10

XB,

0.913%,

03/15/2062

1,434,049

0.1

40,026,003 

(1)(3)

Benchmark

Mortgage

Trust

2019-B12

XA,

1.068%,

08/15/2052

1,486,083

0.1

3,090,000 

(2)

Benchmark

Mortgage

Trust

2019-B9

D,

3.000%,

03/15/2052

1,921,584

0.1

7,330,000 

(1)(2)(3)

Benchmark

Mortgage

Trust

2019-B9

XD,

1.992%,

03/15/2052

496,085

0.0

950,000 

(1)

Benchmark

Mortgage

Trust

2020-B16

AM,

2.944%,

02/15/2053

822,816

0.0

17,357,375 

(1)(3)

Benchmark

Mortgage

Trust

2021-B24

XA,

1.139%,

03/15/2054

796,016

0.0

9,762,523 

(1)(3)

Benchmark

Mortgage

Trust

2021-B28

XA,

1.262%,

08/15/2054

549,144

0.0

4,000,000 

(1)

Benchmark

Mortgage

Trust

2024-V8

A3,

6.189%,

07/15/2057

4,160,833

0.2

1,891,583 

(1)(2)

BFLD

Mortgage

Trust

2024-WRHS

A,

5.889%,

(TSFR1M

+

1.492%),

08/15/2026

1,897,901

0.1

2,100,000 

(1)(2)

BIG

Commercial

Mortgage

Trust

2022-

BIG

B,

6.138%,

(TSFR1M

+

1.741%),

02/15/2039

2,097,290

0.1

2,395,695 

(1)(2)

BLP

Commercial

Mortgage

Trust

2024-

IND2

C,

6.288%,

(TSFR1M

+

1.891%),

03/15/2041

2,399,133

0.1

2,653,000 

(2)(4)

BMD2

Re-Remic

Trust

2019-FRR1

3AB,

0.000%,

05/25/2052

2,053,686

0.1

3,002,000 

(2)

BMD2

Re-Remic

Trust

2019-FRR1

6B10,

2.434%,

05/25/2052

2,375,589

0.1

1,100,000 

BMO

Mortgage

Trust

2024-5C6

A3,

5.316%,

09/15/2057

1,104,274

0.1

2,500,000 

(1)

BMO

Mortgage

Trust

2024-5C7

A3,

5.566%,

11/15/2057

2,543,638

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

25

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

2,500,000 

(1)

BMO

Mortgage

Trust

2024-5C8

C,

5.744%,

12/15/2057

$

2,475,224

0.1

4,100,000 

(1)(2)

BMP

2024-MF23

C,

6.238%,

(TSFR1M

+

1.841%),

06/15/2041

4,109,826

0.2

2,500,000 

(1)(2)

BX

2024-BRVE

A,

6.238%,

(TSFR1M

+

1.841%),

04/15/2026

2,512,366

0.1

4,326,923 

(1)(2)

BX

2024-PALM

A,

5.938%,

(TSFR1M

+

1.541%),

06/15/2037

4,341,367

0.2

4,970,000 

(1)(2)

BX

Commercial

Mortgage

Trust

2021-

21M

E,

6.682%,

(TSFR1M

+

2.285%),

10/15/2036

4,913,895

0.2

3,500,000 

(1)(2)

BX

Commercial

Mortgage

Trust

2021-

VOLT

D,

6.162%,

(TSFR1M

+

1.764%),

09/15/2036

3,493,991

0.2

1,500,000 

(1)(2)

BX

Commercial

Mortgage

Trust

2021-

VOLT

F,

6.912%,

(TSFR1M

+

2.514%),

09/15/2036

1,498,726

0.1

2,402,020 

(1)(2)

BX

Commercial

Mortgage

Trust

2023-

XL3

A,

6.159%,

(TSFR1M

+

1.761%),

12/09/2040

2,415,257

0.1

2,500,000 

(1)(2)

BX

Commercial

Mortgage

Trust

2024-

AIR2

A,

5.890%,

(TSFR1M

+

1.492%),

10/15/2041

2,513,051

0.1

5,000,000 

(1)(2)

BX

Commercial

Mortgage

Trust

2024-

AIRC

A,

6.088%,

(TSFR1M

+

1.691%),

08/15/2039

5,042,149

0.2

3,000,000 

(1)(2)

BX

Commercial

Mortgage

Trust

2024-

GPA2

A,

5.939%,

(TSFR1M

+

1.542%),

11/15/2041

3,016,803

0.1

2,000,000 

(1)(2)

BX

Commercial

Mortgage

Trust

2024-

GPA3

A,

5.800%,

(TSFR1M

+

1.293%),

12/15/2039

2,003,392

0.1

1,974,013 

(1)(2)

BX

Commercial

Mortgage

Trust

2024-

KING

A,

5.938%,

(TSFR1M

+

1.541%),

05/15/2034

1,978,139

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

1,328,182 

(1)(2)

BX

Commercial

Mortgage

Trust

2024-MF

D,

7.087%,

(TSFR1M

+

2.690%),

02/15/2039

$

1,343,502

0.1

1,458,014 

(1)(2)

BX

Commercial

Mortgage

Trust

2024-

XL4

C,

6.588%,

(TSFR1M

+

2.191%),

02/15/2039

1,460,421

0.1

5,880,152 

(1)(2)

BX

Commercial

Mortgage

Trust

2024-

XL5

C,

6.338%,

(TSFR1M

+

1.941%),

03/15/2041

5,888,843

0.3

3,500,000 

(1)(2)

BX

Trust

2021-LBA

EJV,

6.512%,

(TSFR1M

+

2.114%),

02/15/2036

3,474,624

0.2

2,767,834 

(1)(2)

BX

Trust

2021-LBA

EV,

6.512%,

(TSFR1M

+

2.114%),

02/15/2036

2,740,140

0.1

845,329 

(1)(2)

BX

Trust

2021-RISE

B,

5.761%,

(TSFR1M

+

1.364%),

11/15/2036

841,710

0.0

941,921 

(1)(2)

BX

Trust

2021-SDMF

D,

5.898%,

(TSFR1M

+

1.501%),

09/15/2034

928,681

0.0

1,412,881 

(1)(2)

BX

Trust

2021-SDMF

E,

6.098%,

(TSFR1M

+

1.701%),

09/15/2034

1,391,395

0.1

734,135 

(1)(2)

BX

Trust

2022-FOX2

C,

5.706%,

(TSFR1M

+

1.309%),

04/15/2039

725,685

0.0

1,180,000 

(1)(2)

BX

Trust

2022-LBA6

C,

5.997%,

(TSFR1M

+

1.600%),

01/15/2039

1,178,019

0.1

1,000,000 

(1)(2)

BX

Trust

2022-LBA6

D,

6.397%,

(TSFR1M

+

2.000%),

01/15/2039

999,122

0.1

1,500,000 

(1)(2)

BX

Trust

2022-VAMF

F,

7.696%,

(TSFR1M

+

3.299%),

01/15/2039

1,485,364

0.1

7,000,000 

(2)

BX

Trust

2023-LIFE

C,

5.884%,

02/15/2028

6,638,272

0.3

2,750,000 

(1)(2)

BX

Trust

2024-BIO

B,

6.338%,

(TSFR1M

+

1.941%),

02/15/2041

2,756,509

0.1

1,564,602 

(1)(2)

BX

Trust

2024-CNYN

C,

6.338%,

(TSFR1M

+

1.941%),

04/15/2041

1,570,310

0.1

1,086,529 

(1)(2)

BX

Trust

2024-CNYN

D,

7.087%,

(TSFR1M

+

2.690%),

04/15/2041

1,091,166

0.1

3,000,000 

(1)(2)

BX

Trust

2024-VLT4

A,

5.888%,

(TSFR1M

+

1.491%),

07/15/2029

3,016,286

0.1

4,000,000 

(1)(2)

Caliun

2024-SUN

A,

6.374%,

(TSFR1M

+

1.891%),

07/15/2041

4,022,109

0.2

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

26

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

88,654,144 

(1)(3)

Cantor

Commercial

Real

Estate

Lending

2019-CF1

XA,

1.112%,

05/15/2052

$

3,271,573

0.2

32,845,345 

(1)(3)

Cantor

Commercial

Real

Estate

Lending

2019-CF2

XA,

1.172%,

11/15/2052

1,360,392

0.1

3,188,000 

(1)

Cantor

Commercial

Real

Estate

Lending

2019-CF3

B,

3.500%,

01/15/2053

2,664,045

0.1

1,250,000 

(1)

CCUBS

Commercial

Mortgage

Trust

2017-C1

B,

4.159%,

11/15/2050

1,159,996

0.1

6,456,545 

(1)(3)

CD

Mortgage

Trust

2016-CD1

XA,

1.342%,

08/10/2049

74,499

0.0

14,660,000 

(1)(2)(3)

CD

Mortgage

Trust

2016-CD1

XB,

0.675%,

08/10/2049

118,741

0.0

291,791 

(1)(2)

Citigroup

Commercial

Mortgage

Trust

2013-

GC17

D,

5.076%,

11/10/2046

268,904

0.0

1,000,000 

Citigroup

Commercial

Mortgage

Trust

2015-

GC31

A4,

3.762%,

06/10/2048

992,138

0.0

21,003,408 

(1)(3)

Citigroup

Commercial

Mortgage

Trust

2017-

C4

XA,

0.979%,

10/12/2050

440,512

0.0

37,553,392 

(1)(3)

Citigroup

Commercial

Mortgage

Trust

2019-

GC41

XA,

1.032%,

08/10/2056

1,364,277

0.1

1,661,000 

(1)

COMM

Mortgage

Trust

2015-CR23

C,

4.332%,

05/10/2048

1,574,547

0.1

2,000,000 

COMM

Mortgage

Trust

2015-CR25

A4,

3.759%,

08/10/2048

1,984,158

0.1

1,000,000 

(1)

COMM

Mortgage

Trust

2015-CR27

B,

4.338%,

10/10/2048

965,286

0.0

9,286,055 

(1)(3)

COMM

Mortgage

Trust

2016-COR1

XA,

1.299%,

10/10/2049

121,901

0.0

1,601,765 

COMM

Mortgage

Trust

2016-CR28

A4,

3.762%,

02/10/2049

1,586,772

0.1

1,986,084 

(1)(3)

COMM

Mortgage

Trust

2016-CR28

XA,

0.624%,

02/10/2049

6,836

0.0

1,500,000 

(1)

COMM

Mortgage

Trust

2017-COR2

B,

4.206%,

09/10/2050

1,411,885

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

3,000,000 

(1)(2)

COMM

Mortgage

Trust

2024-CBM

A2,

5.867%,

12/10/2041

$

3,037,743

0.1

3,000,000 

(1)(2)

COMM

Mortgage

Trust

2024-CBM

B,

6.511%,

12/10/2041

3,039,834

0.1

4,239,472 

(1)(2)(3)

Commercial

Mortgage

Pass

Through

Certificates

2012-

LTRT

XA,

0.788%,

10/05/2030

16,381

0.0

1,500,000 

(1)(2)

CONE

Trust

2024-

DFW1

A,

6.039%,

(TSFR1M

+

1.642%),

08/15/2041

1,509,809

0.1

2,200,000 

(1)

CSAIL

Commercial

Mortgage

Trust

2020-

C19

B,

3.476%,

03/15/2053

1,839,828

0.1

3,500,000 

(1)(2)

DC

Trust

2024-HLTN

A,

5.727%,

04/13/2040

3,526,005

0.2

2,500,000 

(1)(2)

DK

Trust

2024-SPBX

C,

6.347%,

(TSFR1M

+

1.950%),

03/15/2034

2,504,481

0.1

2,750,000 

(1)(2)

DK

Trust

2024-SPBX

D,

7.147%,

(TSFR1M

+

2.750%),

03/15/2034

2,756,692

0.1

2,000,000 

(1)(2)

DTP

Commercial

Mortgage

Trust

2023-

STE2

A,

5.843%,

01/15/2041

2,023,881

0.1

2,000,000 

(2)

ELM

Trust

2024-

ELM

C15,

6.189%,

06/10/2039

2,020,000

0.1

7,759,844 

(1)(2)

EQUS

Mortgage

Trust

2021-EQAZ

C,

6.012%,

(TSFR1M

+

1.614%),

10/15/2038

7,758,005

0.4

880,791 

(1)(2)

Extended

Stay

America

Trust

2021-ESH

E,

7.361%,

(TSFR1M

+

2.964%),

07/15/2038

886,564

0.0

1,761,582 

(1)(2)

Extended

Stay

America

Trust

2021-ESH

F,

8.211%,

(TSFR1M

+

3.814%),

07/15/2038

1,773,749

0.1

2,500,000 

(1)(2)

Fashion

Show

Mall

LLC

2024-SHOW

A,

5.104%,

10/10/2041

2,464,310

0.1

2,500,000 

(1)(2)

Fontainebleau

Miami

Beach

Mortgage

Trust

2024-FBLU

D,

7.093%,

(TSFR1M

+

2.600%),

12/15/2039

2,515,094

0.1

19,848,000 

(1)(3)

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

K109

X1,

1.575%,

04/25/2030

1,321,625

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

27

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

2,424,795 

(1)(3)

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

K-1521

X1,

0.979%,

08/25/2036

$

185,929

0.0

2,000,000 

(1)(2)

FS

Rialto

Issuer

LLC

2024-FL9

A,

5.997%,

(TSFR1M

+

1.631%),

10/19/2039

2,012,357

0.1

3,700,000 

(1)(2)

FS

Trust

2024-HULA

A,

6.208%,

(TSFR1M

+

1.811%),

08/15/2039

3,715,758

0.2

2,442,000 

(2)(4)

GAM

RE-REMIC

Trust

2022-FRR3

BK61,

0.000%,

11/27/2049

2,055,189

0.1

4,690,000 

(2)

GAM

RE-REMIC

Trust

2022-FRR3

BK71,

1.981%,

11/27/2050

4,000,973

0.2

2,676,000 

(2)(4)

GAM

RE-REMIC

Trust

2022-FRR3

BK89,

0.000%,

01/27/2052

1,946,915

0.1

1,850,000 

(2)(4)

GAM

RE-REMIC

Trust

2022-FRR3

CK47,

0.000%,

05/27/2048

1,787,639

0.1

1,849,000 

(2)(4)

GAM

RE-REMIC

Trust

2022-FRR3

DK47,

0.000%,

05/27/2048

1,771,306

0.1

2,263,000 

(2)(4)

GAM

RE-REMIC

TRUST

2021-FRR2

C730,

0.000%,

09/27/2051

2,251,087

0.1

2,751,000 

(2)(4)

GAM

RE-REMIC

TRUST

2021-FRR2

CK44,

0.000%,

09/27/2051

2,732,769

0.1

2,238,000 

(2)

GAM

RE-REMIC

TRUST

2021-FRR2

CK49,

1.000%,

09/27/2051

2,146,231

0.1

1,900,000 

(2)(4)

GAM

RE-REMIC

TRUST

2021-FRR2

CK78,

0.000%,

09/27/2051

1,307,938

0.1

2,263,000 

(2)(4)

GAM

RE-REMIC

TRUST

2021-FRR2

D730,

0.000%,

09/27/2051

2,249,597

0.1

2,237,000 

(2)(4)

GAM

RE-REMIC

TRUST

2021-FRR2

DK49,

0.000%,

09/27/2051

2,103,128

0.1

2,500,000 

(1)(2)

Great

Wolf

Trust

2024-

WOLF

D,

7.287%,

(TSFR1M

+

2.890%),

03/15/2039

2,524,737

0.1

10,000,000 

(1)(2)

GS

Mortgage

Securities

Corp.

Trust

2021-

ARDN

B,

6.162%,

(TSFR1M

+

1.764%),

11/15/2036

9,987,627

0.5

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

1,000,000 

(1)

GS

Mortgage

Securities

Trust

2015-GC30

AS,

3.777%,

05/10/2050

$

977,392

0.0

1,200,000 

(1)

GS

Mortgage

Securities

Trust

2016-GS3

C,

3.979%,

10/10/2049

1,105,306

0.1

500,000 

(1)

GS

Mortgage

Securities

Trust

2018-GS9

B,

4.321%,

03/10/2051

458,166

0.0

13,110,482 

(1)(3)

GS

Mortgage

Securities

Trust

2019-GC38

XA,

1.007%,

02/10/2052

448,510

0.0

32,716,166 

(1)(3)

GS

Mortgage

Securities

Trust

2019-GC40

XA,

1.120%,

07/10/2052

1,290,344

0.1

660,000 

GS

Mortgage

Securities

Trust

2019-GSA1

B,

3.511%,

11/10/2052

588,692

0.0

80,724,201 

(1)(3)

GS

Mortgage

Securities

Trust

2019-GSA1

XA,

0.802%,

11/10/2052

2,461,245

0.1

5,000,000 

(1)(2)

GSMS

Trustair

2024-

FAIR

A,

5.876%,

07/15/2029

5,041,331

0.2

1,000,000 

(1)(2)

HLTN

Commercial

Mortgage

Trust

2024-

DPLO

A,

6.039%,

(TSFR1M

+

1.642%),

06/15/2041

1,003,432

0.1

5,300,000 

(1)(2)

HTL

Commercial

Mortgage

Trust

2024-T53

A,

5.876%,

05/10/2039

5,331,821

0.3

1,972,300 

(1)(2)

INTOWN

Mortgage

Trust

2022-STAY

D,

8.531%,

(TSFR1M

+

4.134%),

08/15/2039

1,979,559

0.1

4,050,000 

(1)(2)

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

2019-

MFP

E,

6.605%,

(TSFR1M

+

2.207%),

07/15/2036

3,967,010

0.2

750,000 

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

2016-

JP3

AS,

3.144%,

08/15/2049

689,104

0.0

1,018,333 

(1)

JPMBB

Commercial

Mortgage

Securities

Trust

2014-C21

C,

4.564%,

08/15/2047

1,004,587

0.1

31,656,027 

(1)(3)

JPMBB

Commercial

Mortgage

Securities

Trust

2015-C28

XA,

0.784%,

10/15/2048

29,195

0.0

1,500,000 

(1)

JPMBB

Commercial

Mortgage

Securities

Trust

2015-C29

AS,

3.917%,

05/15/2048

1,486,808

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

28

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

2,000,000 

(1)(2)

KIND

Commercial

Mortgage

Trust

2024-1

A,

6.287%,

(TSFR1M

+

1.890%),

08/15/2041

$

2,009,282

0.1

991,720 

(1)(2)

KIND

Trust

2021-KIND

A,

5.464%,

(TSFR1M

+

1.064%),

08/15/2038

982,641

0.0

5,000,000 

(1)(2)

KSL

Commercial

Mortgage

Trust

2024-

HT2

B,

6.614%,

(TSFR1M

+

2.042%),

12/15/2039

5,003,132

0.2

2,000,000 

(1)(2)

LBA

Trust

2024-BOLT

A,

5.988%,

(TSFR1M

+

1.591%),

06/15/2039

2,005,547

0.1

3,500,000 

(1)(2)

Life

Mortgage

Trust

2022-BMR2

A1,

5.692%,

(TSFR1M

+

1.295%),

05/15/2039

3,425,536

0.2

9,321,445 

(1)(2)(3)

LSTAR

Commercial

Mortgage

Trust

2017-5

X,

0.838%,

03/10/2050

105,463

0.0

1,224,652 

(1)(2)

MCR

Mortgage

Trust

2024-HTL

D,

8.303%,

(TSFR1M

+

3.905%),

02/15/2037

1,238,773

0.1

1,000,000 

(1)(2)

MED

Commercial

Mortgage

Trust

2024-

MOB

A,

5.989%,

(TSFR1M

+

1.592%),

05/15/2041

1,000,813

0.1

4,000,000 

(1)(2)

MF1

LLC

2024-FL14

A,

6.103%,

(TSFR1M

+

1.737%),

03/19/2039

4,026,002

0.2

2,917,165 

(1)(2)

MHP

2022-MHIL

E,

7.008%,

(TSFR1M

+

2.611%),

01/15/2027

2,909,976

0.1

2,000,000 

(1)

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

2015-C27

C,

4.484%,

12/15/2047

1,934,184

0.1

14,381,942 

(1)(3)

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

2017-C34

XA,

0.766%,

11/15/2052

243,437

0.0

30,460,168 

(1)(3)

Morgan

Stanley

Capital

I

2017-HR2

XA,

0.848%,

12/15/2050

628,156

0.0

25,660,000 

(1)(2)(3)

Morgan

Stanley

Capital

I

Trust

2018-L1

XD,

1.780%,

10/15/2051

1,484,948

0.1

21,507,066 

(1)(3)

Morgan

Stanley

Capital

I

Trust

2021-L6

XA,

1.174%,

06/15/2054

976,960

0.0

1,650,000 

(1)(2)

MTN

Commercial

Mortgage

Trust

2022-

LPFL

A,

5.797%,

(TSFR1M

+

1.397%),

03/15/2039

1,649,673

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

3,000,000 

(1)(2)

NXPT

Commercial

Mortgage

Trust

2024-

STOR

B,

4.648%,

11/05/2041

$

2,876,408

0.1

5,000,000 

(1)(2)

ORL

Trust

2024-GLKS

C,

6.791%,

(TSFR1M

+

2.291%),

12/15/2039

5,011,938

0.2

1,951,241 

(1)(2)

PFP

Ltd.

2024-11

A,

6.315%,

(TSFR1M

+

1.832%),

09/17/2039

1,967,582

0.1

13,000,000 

(2)

Prima

Capital

CRE

Securitization

Ltd.

2019-7A

D,

4.250%,

12/25/2050

11,216,325

0.5

1,615,905 

(2)

RFM

Reremic

Trust

2022-FRR1

AB55,

0.990%,

03/28/2049

1,473,048

0.1

5,950,000 

(1)(2)

RFM

Reremic

Trust

2022-FRR1

AB60,

2.369%,

11/08/2049

5,424,684

0.3

8,960,000 

(1)(2)

RFM

Reremic

Trust

2022-FRR1

AB64,

2.222%,

03/01/2050

8,012,487

0.4

2,750,000 

(2)(4)

RFM

Reremic

Trust

2022-FRR1

CK60,

0.000%,

11/08/2049

2,307,534

0.1

3,400,000 

(1)(2)

SHER

Trust

2024-DAL

A,

6.038%,

(TSFR1M

+

1.641%),

04/15/2037

3,396,947

0.2

2,500,000 

(1)(2)

SHR

Trust

2024-LXRY

A,

6.347%,

(TSFR1M

+

1.950%),

10/15/2041

2,522,580

0.1

3,000,000 

(1)(2)

SMRT

2022-MINI

E,

7.098%,

(TSFR1M

+

2.700%),

01/15/2039

2,880,740

0.1

4,454,348 

(2)

THPT

Mortgage

Trust

2023-THL

A,

6.994%,

12/10/2034

4,553,126

0.2

769,045 

(1)(2)

TTAN

2021-MHC

D,

6.262%,

(TSFR1M

+

1.864%),

03/15/2038

769,567

0.0

21,520,459 

(1)(3)

UBS

Commercial

Mortgage

Trust

2019-

C16

XA,

1.519%,

04/15/2052

1,123,293

0.1

4,500,000 

(2)

VEGAS

Trust

2024-TI

A,

5.518%,

11/10/2039

4,514,771

0.2

2,000,000 

(1)

Wells

Fargo

Commercial

Mortgage

Trust

2016-C35

C,

4.176%,

07/15/2048

1,907,032

0.1

1,000,000 

(1)

Wells

Fargo

Commercial

Mortgage

Trust

2017-C41

B,

4.188%,

11/15/2050

937,102

0.0

2,588,000 

Wells

Fargo

Commercial

Mortgage

Trust

2019-C49

B,

4.546%,

03/15/2052

2,457,287

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

29

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

COMMERCIAL

MORTGAGE-BACKED

SECURITIES:

(continued)

2,500,000 

(2)

Wells

Fargo

Commercial

Mortgage

Trust

2021-C59

E,

2.500%,

04/15/2054

$

1,548,202

0.1

18,901,016 

(1)(3)

Wells

Fargo

Commercial

Mortgage

Trust

2021-C59

XA,

1.503%,

04/15/2054

1,217,959

0.1

Total

Commercial

Mortgage-Backed

Securities

(Cost

$368,905,137)

368,957,867

17.8

ASSET-BACKED

SECURITIES

:

13.0%

Home

Equity

Asset-Backed

Securities

:

0.4%

1,861,762 

(1)(2)

ACE

Securities

Corp.

Mortgage

Loan

Trust

Series

2007-D1

A2,

6.336%,

02/25/2038

1,453,684

0.1

2,743,235 

(1)(2)

ACE

Securities

Corp.

Mortgage

Loan

Trust

Series

2007-D1

A3,

7.250%,

02/25/2038

2,063,304

0.1

283,025 

(1)

GSAA

Home

Equity

Trust

2006-3

A3,

5.053%,

(TSFR1M

+

0.714%),

03/25/2036

137,838

0.0

1,835,101 

(1)

GSAA

Home

Equity

Trust

2006-4

4A3,

4.244%,

03/25/2036

1,101,026

0.1

792,998 

(1)

GSAA

Home

Equity

Trust

2007-1

1A1,

4.613%,

(TSFR1M

+

0.274%),

02/25/2037

218,711

0.0

786,209 

(1)

GSAA

Trust

2006-

7

AF2,

5.995%,

03/25/2046

288,893

0.0

697,266 

(1)

Morgan

Stanley

Mortgage

Loan

Trust

2007-10XS

A2,

6.250%,

02/25/2037

386,716

0.0

313,893 

(1)

Nomura

Home

Equity

Loan,

Inc.

Home

Equity

Loan

Trust

Series

2007-1

2A4A,

4.913%,

(TSFR1M

+

0.574%),

02/25/2037

279,548

0.0

2,710,136 

(1)

Renaissance

Home

Equity

Loan

Trust

2004-4

MF2,

5.818%,

02/25/2035

2,342,119

0.1

995,583 

(2)

Unlock

HEA

Trust

2024-2

A,

6.500%,

10/25/2039

974,391

0.0

9,246,230

0.4

Other

Asset-Backed

Securities

:

11.7%

1,374,100 

(2)

ACHV

ABS

TRUST

2024-1PL

A,

5.900%,

04/25/2031

1,386,732

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

ASSET-BACKED

SECURITIES:

(continued)

Other

Asset-Backed

Securities:

(continued)

1,500,000 

(1)(2)

AMMC

CLO

25

Ltd.

2022-25A

CR,

6.656%,

(TSFR3M

+

2.000%),

04/15/2035

$

1,504,476

0.1

2,000,000 

(1)(2)

AMMC

CLO

XI

Ltd.

2012-11A

CR2,

6.751%,

(TSFR3M

+

2.162%),

04/30/2031

2,002,892

0.1

2,700,000 

(1)(2)

Apidos

CLO

XXIV

2016-24A

BRR,

6.929%,

(TSFR3M

+

2.312%),

10/20/2030

2,710,444

0.1

2,900,000 

(1)(2)

Apidos

CLO

XXXIII

2020-33A

CR,

6.796%,

(TSFR3M

+

2.162%),

10/24/2034

2,903,816

0.1

742,500 

(2)

Applebee's

Funding

LLC

/

IHOP

Funding

LLC

2019-1A

A2II,

4.723%,

06/05/2049

730,005

0.0

210,580 

(2)

Aqua

Finance

Trust

2019-A

A,

3.140%,

07/16/2040

204,008

0.0

2,406,872 

(1)(2)

Arbor

Realty

Commercial

Real

Estate

Notes

Ltd.

2021-FL4

A,

5.862%,

(TSFR1M

+

1.464%),

11/15/2036

2,410,020

0.1

500,000 

(1)(2)

Arbor

Realty

Commercial

Real

Estate

Notes

Ltd.

2021-FL4

D,

7.412%,

(TSFR1M

+

3.014%),

11/15/2036

492,455

0.0

3,600,000 

(1)(2)

Bain

Capital

CLO

Ltd.

2024-1A

C,

7.047%,

(TSFR3M

+

2.400%),

04/16/2037

3,647,041

0.2

1,030,000 

(1)(2)

Bain

Capital

Credit

CLO

Ltd.

2017-2A

CR3,

6.826%,

(TSFR3M

+

2.200%),

07/25/2037

1,042,449

0.1

2,000,000 

(1)(2)

Barings

CLO

Ltd.

2018-3A

C,

6.779%,

(TSFR3M

+

2.162%),

07/20/2029

2,005,206

0.1

7,000,000 

(1)(2)

Benefit

Street

Partners

CLO

V-B

Ltd.

2018-

5BA

CR,

6.767%,

(TSFR3M

+

2.150%),

07/20/2037

7,013,986

0.3

1,600,000 

(1)(2)

Birch

Grove

Clo

9

Ltd.

2024-9A

C,

6.835%,

(TSFR3M

+

2.000%),

10/22/2037

1,604,501

0.1

1,000,000 

(1)(2)

BlueMountain

CLO

Ltd.

2013-2A

CR,

6.843%,

(TSFR3M

+

2.212%),

10/22/2030

1,002,020

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

30

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

ASSET-BACKED

SECURITIES:

(continued)

Other

Asset-Backed

Securities:

(continued)

1,000,000 

(1)(2)

BlueMountain

CLO

Ltd.

2015-4A

CR,

6.779%,

(TSFR3M

+

2.162%),

04/20/2030

$

1,003,088

0.1

2,000,000 

(1)(2)

BlueMountain

CLO

XXIX

Ltd.

2020-29A

CR,

6.987%,

(TSFR3M

+

2.362%),

07/25/2034

2,002,582

0.1

1,250,000 

(1)(2)

BlueMountain

CLO

XXVIII

Ltd.

2021-28A

C,

6.918%,

(TSFR3M

+

2.262%),

04/15/2034

1,251,538

0.1

800,000 

(2)

Bojangles

Issuer

LLC

2024-1A

A2,

6.584%,

11/20/2054

791,287

0.0

4,000,000 

(1)(2)

Bristol

Park

CLO

Ltd.

2016-1A

CR,

6.868%,

(TSFR3M

+

2.212%),

04/15/2029

4,006,648

0.2

750,000 

(1)(2)

Buttermilk

Park

CLO

Ltd.

2018-1A

CR,

6.606%,

(TSFR3M

+

1.950%),

10/15/2031

751,181

0.0

1,000,000 

(1)(2)

Carlyle

C17

CLO

Ltd.

C17A

BR,

6.701%,

(TSFR3M

+

2.112%),

04/30/2031

1,001,513

0.1

4,500,000 

(1)(2)

Carlyle

Global

Market

Strategies

CLO

Ltd.

2014-1A

CR2,

6.709%,

(TSFR3M

+

2.062%),

04/17/2031

4,509,005

0.2

4,100,000 

(1)(2)

Carlyle

US

CLO

Ltd.

2019-3A

BRR,

7.217%,

(TSFR3M

+

2.600%),

04/20/2037

4,146,793

0.2

4,600,000 

(1)(2)

CARLYLE

US

CLO

Ltd.

2017-3A

CR2,

7.135%,

(TSFR3M

+

2.000%),

10/21/2037

4,640,324

0.2

3,300,000 

(1)(2)

CBAM

Ltd.

2017-1A

CR2,

6.480%,

(TSFR3M

+

2.100%),

01/20/2038

3,308,824

0.2

5,500,000 

(1)(2)

CIFC

Funding

Ltd.

2019-2A

CR,

7.009%,

(TSFR3M

+

2.362%),

04/17/2034

5,510,983

0.3

2,600,000 

(1)(2)

CIFC

Funding

Ltd.

2024-3A

C,

6.817%,

(TSFR3M

+

2.200%),

07/21/2037

2,637,830

0.1

5,000,000 

(1)(2)

Crown

City

CLO

V

2023-5A

BR,

7.217%,

(TSFR3M

+

2.600%),

04/20/2037

5,035,365

0.2

588,619 

(1)

CWABS

Asset-Backed

Certificates

Trust

2005-AB2

M1,

5.158%,

(TSFR1M

+

0.819%),

09/25/2035

569,334

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

ASSET-BACKED

SECURITIES:

(continued)

Other

Asset-Backed

Securities:

(continued)

805,375 

(2)

DB

Master

Finance

LLC

2019-1A

A23,

4.352%,

05/20/2049

$

776,008

0.0

426,375 

(2)

DB

Master

Finance

LLC

2019-1A

A2II,

4.021%,

05/20/2049

420,557

0.0

3,977,000 

(2)

DB

Master

Finance

LLC

2021-1A

A23,

2.791%,

11/20/2051

3,364,906

0.2

3,000,000 

(1)(2)

Dewolf

Park

CLO

Ltd.

2017-1A

DR,

7.768%,

(TSFR3M

+

3.112%),

10/15/2030

3,014,772

0.1

556,500 

(2)

Domino's

Pizza

Master

Issuer

LLC

2015-

1A

A2II,

4.474%,

10/25/2045

554,991

0.0

1,034,000 

(2)

Domino's

Pizza

Master

Issuer

LLC

2017-

1A

A23,

4.118%,

07/25/2047

1,007,900

0.1

2,236,100 

(2)

Domino's

Pizza

Master

Issuer

LLC

2018-

1A

A2I,

4.116%,

07/25/2048

2,223,639

0.1

3,408,000 

(2)

Domino's

Pizza

Master

Issuer

LLC

2019-1A

A2,

3.668%,

10/25/2049

3,164,629

0.2

2,023,459 

(2)

Driven

Brands

Funding

LLC

2019-1A

A2,

4.641%,

04/20/2049

2,006,898

0.1

3,291,111 

(2)

Driven

Brands

Funding

LLC

2019-2A

A2,

3.981%,

10/20/2049

3,215,410

0.2

2,750,000 

(1)(2)

Dryden

30

Senior

Loan

Fund

2013-30A

DR,

7.385%,

(TSFR3M

+

2.862%),

11/15/2028

2,757,447

0.1

1,750,000 

(1)(2)

Dryden

55

CLO

Ltd.

2018-55A

C,

6.818%,

(TSFR3M

+

2.162%),

04/15/2031

1,754,070

0.1

5,000,000 

(1)(2)

Dryden

75

CLO

Ltd.

2019-75A

CR2,

6.718%,

(TSFR3M

+

2.062%),

04/15/2034

5,005,155

0.2

3,228,504 

(1)(2)

FS

Rialto

2021-FL3

A,

5.762%,

(TSFR1M

+

1.364%),

11/16/2036

3,224,816

0.2

5,650,000 

(1)(2)

Invesco

US

CLO

Ltd.

2023-1A

CR,

7.032%,

(TSFR3M

+

2.400%),

04/22/2037

5,707,059

0.3

843,808 

(2)

JG

Wentworth

XLII

LLC

2018-2A

B,

4.700%,

10/15/2077

742,505

0.0

1,350,000 

(1)(2)

LCM

XVIII

L.P.

18A

CR,

6.729%,

(TSFR3M

+

2.112%),

04/20/2031

1,352,007

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

31

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

ASSET-BACKED

SECURITIES:

(continued)

Other

Asset-Backed

Securities:

(continued)

2,800,000 

(1)(2)

LCM

XXIV

Ltd.

24A

CR,

6.779%,

(TSFR3M

+

2.162%),

03/20/2030

$

2,808,389

0.1

735,628 

(2)

LCSS

Financing

LLC

2018-A

A,

4.700%,

12/15/2062

631,134

0.0

4,000,000 

(1)(2)

Magnetite

XLVII

Ltd.

2024-47A

C,

6.322%,

(TSFR3M

+

1.850%),

01/25/2038

4,003,288

0.2

3,000,000 

(1)(2)

MF1

LLC

2023-FL12

A,

6.432%,

(TSFR1M

+

2.066%),

10/19/2038

3,018,249

0.1

7,000,000 

(1)(2)

MF1

Ltd.

2021-FL6

D,

7.040%,

(TSFR1M

+

2.664%),

07/16/2036

6,741,392

0.3

3,000,000 

(1)(2)

MF1

Ltd.

2021-FL7

AS,

5.940%,

(TSFR1M

+

1.564%),

10/16/2036

2,968,576

0.1

1,839,731 

(1)(2)

MF1

Ltd.

2022-FL8

A,

5.716%,

(TSFR1M

+

1.350%),

02/19/2037

1,841,678

0.1

1,292,152 

(2)

Mill

City

Solar

Loan

Ltd.

2019-2GS

A,

3.690%,

07/20/2043

1,145,574

0.1

395,925 

(2)

Mosaic

Solar

Loan

Trust

2018-1A

A,

4.010%,

06/22/2043

369,360

0.0

508,798 

(2)

Mosaic

Solar

Loan

Trust

2018-2GS

B,

4.740%,

02/22/2044

456,656

0.0

880,017 

(2)

Mosaic

Solar

Loan

Trust

2019-1A

A,

4.370%,

12/21/2043

830,677

0.0

413,620 

(2)

Mosaic

Solar

Loan

Trust

2019-2A

A,

2.880%,

09/20/2040

362,839

0.0

6,012,722 

(2)

Mosaic

Solar

Loan

Trust

2024-2A

A,

5.600%,

04/22/2052

5,899,026

0.3

680,434 

(2)

Mosaic

Solar

Loans

LLC

2017-2A

A,

3.820%,

06/22/2043

636,823

0.0

2,625,000 

(1)(2)

Neuberger

Berman

Loan

Advisers

CLO

24

Ltd.

2017-24A

CR2,

6.717%,

(TSFR3M

+

2.100%),

10/19/2038

2,642,438

0.1

2,300,000 

(1)(2)

Neuberger

Berman

Loan

Advisers

CLO

33

Ltd.

2019-33A

CR,

6.809%,

(TSFR3M

+

2.162%),

10/16/2033

2,304,644

0.1

4,750,000 

(1)(2)

Neuberger

Berman

Loan

Advisers

Clo

44

Ltd.

2021-44A

C,

6.809%,

(TSFR3M

+

2.162%),

10/16/2034

4,764,568

0.2

Principal

Amount†

Value

Percentage

of

Net

Assets

ASSET-BACKED

SECURITIES:

(continued)

Other

Asset-Backed

Securities:

(continued)

2,150,000 

(1)(2)

Oaktree

CLO

Ltd.

2024-25A

C,

7.117%,

(TSFR3M

+

2.500%),

04/20/2037

$

2,165,542

0.1

3,500,000 

(1)(2)

OCP

CLO

Ltd.

2020-

8RA

CR,

6.423%,

(TSFR3M

+

1.900%),

10/17/2036

3,510,433

0.2

497,000 

(1)(2)

Octagon

Investment

Partners

30

Ltd.

2017-1A

BR,

6.829%,

(TSFR3M

+

2.212%),

03/17/2030

497,994

0.0

1,000,000 

(1)(2)

Octagon

Investment

Partners

31

Ltd.

2017-

1A

DRR,

8.182%,

(TSFR3M

+

3.550%),

07/20/2030

1,006,870

0.1

7,000,000 

(1)(2)

Octagon

Investment

Partners

32

Ltd.

2017-

1A

CR3,

6.661%,

(TSFR3M

+

2.050%),

10/31/2037

7,007,917

0.3

8,125,000 

(1)(2)

Octagon

Investment

Partners

43

Ltd.

2019-1A

CR,

7.076%,

(TSFR3M

+

2.450%),

10/25/2032

8,165,674

0.4

4,500,000 

(1)(2)

Octagon

Investment

Partners

XIV

Ltd.

2012-1A

BRR,

7.018%,

(TSFR3M

+

2.362%),

07/15/2029

4,512,654

0.2

1,500,000 

(1)(2)

OHA

Credit

Funding

9

Ltd.

2021-9A

CR,

6.567%,

(TSFR3M

+

1.950%),

10/19/2037

1,506,767

0.1

950,000 

(2)

Pagaya

AI

Debt

Grantor

Trust

2024-10

B,

5.750%,

06/15/2032

950,613

0.0

4,250,000 

(1)(2)

Palmer

Square

Loan

Funding

Ltd.

2021-2A

C,

7.183%,

(TSFR3M

+

2.662%),

05/20/2029

4,261,866

0.2

3,000,000 

(1)(2)

Peebles

Park

CLO

Ltd.

2024-1A

C,

7.017%,

(TSFR3M

+

2.400%),

04/21/2037

3,039,360

0.2

21,483 

(1)

Popular

ABS

Mortgage

Pass-Through

Trust

2005-D

A5,

3.411%,

01/25/2036

21,345

0.0

2,358,125 

(2)

Primrose

Funding

LLC

2019-1A

A2,

4.475%,

07/30/2049

2,318,193

0.1

1,600,000 

(1)(2)

Rad

CLO

10

Ltd.

2021-10A

C,

6.638%,

(TSFR3M

+

2.012%),

04/23/2034

1,601,419

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

32

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

ASSET-BACKED

SECURITIES:

(continued)

Other

Asset-Backed

Securities:

(continued)

1,100,000 

(1)(2)

Recette

Clo

Ltd.

2015-

1A

CRR,

6.629%,

(TSFR3M

+

2.012%),

04/20/2034

$

1,101,700

0.1

2,050,000 

(1)(2)

Rockland

Park

CLO

Ltd.

2021-1A

C,

6.779%,

(TSFR3M

+

2.162%),

04/20/2034

2,052,923

0.1

2,233,125 

(2)

Servpro

Master

Issuer

LLC

2024-1A

A2,

6.174%,

01/25/2054

2,244,237

0.1

3,270,000 

(1)(2)

Shackleton

CLO

Ltd.

2019-15A

CR,

7.068%,

(TSFR3M

+

2.412%),

01/15/2032

3,282,024

0.2

1,865,500 

(2)

Sonic

Capital

LLC

2020-1A

A2I,

3.845%,

01/20/2050

1,801,723

0.1

1,000,000 

(1)(2)

Sound

Point

CLO

VII-R

Ltd.

2014-3RA

C,

7.138%,

(TSFR3M

+

2.512%),

10/23/2031

1,001,900

0.1

750,000 

(1)(2)

Stewart

Park

CLO

Ltd.

2015-1A

DR,

7.518%,

(TSFR3M

+

2.862%),

01/15/2030

752,636

0.0

4,150,000 

(2)

Subway

Funding

LLC

2024-3A

A2II,

5.566%,

07/30/2054

4,044,692

0.2

793,141 

(2)

Sunnova

Helios

II

Issuer

LLC

2018-1A

A,

4.870%,

07/20/2048

723,110

0.0

2,887,380 

(2)

Sunnova

Helios

II

Issuer

LLC

2018-1A

B,

7.710%,

07/20/2048

2,483,904

0.1

1,663,194 

(2)

Sunrun

Athena

Issuer

LLC

2018-1

A,

5.310%,

04/30/2049

1,568,819

0.1

3,252,617 

(2)

Sunrun

Atlas

Issuer

LLC

2019-2

A,

3.610%,

02/01/2055

3,028,830

0.2

5,372,790 

(2)

Sunrun

Jupiter

Issuer

LLC

2022-1A

A,

4.750%,

07/30/2057

5,042,111

0.2

1,375,500 

(2)

Taco

Bell

Funding

LLC

2021-1A

A23,

2.542%,

08/25/2051

1,141,242

0.1

1,000,000 

(1)(2)

TCI-Flatiron

Clo

Ltd.

2017-1A

C,

6.597%,

(TSFR3M

+

2.112%),

11/18/2030

1,002,007

0.1

2,250,000 

(1)(2)

TCI-Flatiron

Clo

Ltd.

2018-1A

CR,

6.616%,

(TSFR3M

+

2.012%),

01/29/2032

2,253,762

0.1

6,800,000 

(2)

Trafigura

Securitisation

Finance

PLC

2024-1A

A2,

5.980%,

11/15/2027

6,897,349

0.3

Principal

Amount†

Value

Percentage

of

Net

Assets

ASSET-BACKED

SECURITIES:

(continued)

Other

Asset-Backed

Securities:

(continued)

1,500,000 

(1)(2)

Upland

CLO

Ltd.

2016-1A

BR,

6.729%,

(TSFR3M

+

2.112%),

04/20/2031

$

1,505,449

0.1

34,678 

(2)

Upstart

Securitization

Trust

2023-1

A,

6.590%,

02/20/2033

34,697

0.0

1,204,152 

(2)

Wendy's

Funding

LLC

2018-1A

A2II,

3.884%,

03/15/2048

1,155,574

0.1

3,025,724 

(2)

Wendy's

Funding

LLC

2019-1A

A2I,

3.783%,

06/15/2049

2,957,945

0.1

2,000,000 

(1)(2)

Wind

River

CLO

Ltd.

2014-1A

CRR,

6.844%,

(TSFR3M

+

2.212%),

07/18/2031

2,004,124

0.1

242,191,831

11.7

Student

Loan

Asset-Backed

Securities

:

0.9%

63,570 

(2)

Commonbond

Student

Loan

Trust-GS

2018-

CGS

C,

4.350%,

02/25/2046

53,920

0.0

434,092 

(1)(2)

ELFI

Graduate

Loan

Program

LLC

2019-A

B,

2.940%,

03/25/2044

340,811

0.0

773,268 

(2)

Laurel

Road

Prime

Student

Loan

Trust

2018-B

BFX,

3.720%,

05/26/2043

763,240

0.0

2,439,779 

(2)

Navient

Private

Education

Refi

Loan

Trust

2019-FA

A2,

2.600%,

08/15/2068

2,318,485

0.1

4,000,000 

(2)

SMB

Private

Education

Loan

Trust

2014-A

C,

4.500%,

09/15/2045

3,519,591

0.2

1,000,000 

(2)

SMB

Private

Education

Loan

Trust

2017-A

B,

3.500%,

06/17/2041

973,792

0.1

2,000,000 

(2)

Sofi

Professional

Loan

Program

LLC

2019-

B

BFX,

3.730%,

08/17/2048

1,799,452

0.1

3,000,000 

(2)

Sofi

Professional

Loan

Program

LLC

2019-

C

BFX,

3.050%,

11/16/2048

2,580,763

0.1

1,000,000 

(2)

SoFi

Professional

Loan

Program

LLC

2017-E

C,

4.160%,

11/26/2040

942,776

0.1

1,000,000 

(2)

SoFi

Professional

Loan

Program

Trust

2018-D

BFX,

4.140%,

02/25/2048

930,993

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

33

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

ASSET-BACKED

SECURITIES:

(continued)

Student

Loan

Asset-Backed

Securities:

(continued)

4,400,000 

(2)

SoFi

Professional

Loan

Program

Trust

2020-B

BFX,

2.730%,

05/15/2046

$

3,480,079

0.2

17,703,902

0.9

Total

Asset-Backed

Securities

(Cost

$275,153,141)

269,141,963

13.0

BANK

LOANS

:

7.3%

Aerospace

&

Defense

:

0.1%

296,745 

Barnes

Group

Inc.,

2024

Refinancing

Term

Loan,

7.345%,

(TSFR3M+2.500%),

09/03/2030

297,456

0.0

994,747 

Peraton

Corp,

Tranche

B,

8.953%,

(TSFR1M+3.750%),

02/01/2028

928,534

0.1

1,225,990

0.1

Auto

Components

:

0.1%

533,503 

American

Axle

&

Manufacturing

Inc,

New

Tranche

B

Term

Loan,

8.104%,

(TSFR1M+3.500%),

12/12/2029

537,837

0.1

507,923 

Holley

Purchaser,

Inc.,

Initial

Term

Loan,

8.710%,

(TSFR1M+3.750%),

11/17/2028

498,400

0.0

398,793 

RC

Buyer

Inc,

First

Lien

Initial

Term

Loan,

8.460%,

(TSFR1M+3.614%),

07/28/2028

397,397

0.0

294,485 

RealTruck

Goup

Inc

(fka

Truck

Hero),

Initial

Term

Loan,

8.460%,

(TSFR1M+3.500%),

01/31/2028

286,387

0.0

1,720,021

0.1

Automotive

:

0.0%

281,558 

IXS

Holdings

Inc,

Initial

Term

Loan,

8.954%,

(TSFR6M+4.250%),

03/05/2027

272,407

0.0

Basic

Materials

:

0.2%

255,000 

A-Ap

Buyer,

Inc.,

Initial

Term

Loan,

7.854%,

(TSFR3M+7.854%),

09/09/2031

257,125

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Basic

Materials:

(continued)

500,000 

Covia

Holdings

Corporation,

Tranche

B-EXIT,

9.580%,

(TSFR3M+3.500%),

07/31/2026

$

499,766

0.0

453,538 

Ineos

Finance

PLC,

Tranche

B,

8.095%,

(US0006M+3.500%),

02/19/2030

455,428

0.0

492,500 

Ineos

US

Petrochem

LLC,

2030

Tranche

B

Dollar

Term

Loan,

8.695%,

(US0006M+3.750%),

03/14/2030

494,655

0.0

681,939 

LSF11

A5

Holdco

LLC,

Tranche

B,

8.460%,

(TSFR1M+3.614%),

10/16/2028

686,983

0.1

535,006 

Olympus

Water

US

Holding

Corporation,

Term

B-5

Usd

Loans,

8.104%,

(TSFR3M+8.104%),

06/20/2031

537,442

0.0

300,000 

Paint

Intermediate

III

LLC,

Paint

Intermediate/

Wesco

Group

Cov-

Lite

Tlb,

7.522%,

(TSFR3M+3.000%),

12/31/2025

302,062

0.0

231,181 

USALCO

LLC,

Tranche

B,

8.573%,

(TSFR1M+4.000%),

09/30/2031

233,421

0.0

23,819 

(7)(8)

USALCO

LLC,

Tranche

DD,

09/30/2031

24,049

0.0

564,184 

WR

Grace

Holdings

LLC,

Tranche

B,

7.854%,

(TSFR3M+3.750%),

09/22/2028

568,768

0.1

4,059,699

0.2

Building

&

Development

:

0.1%

294,123 

Cornerstone

Building

Brands

Inc,

Tranche

B,

8.447%,

(TSFR1M+3.350%),

04/12/2028

281,843

0.0

275,862 

LBM

Acquisition

LLC,

First

Lien

Initial

Term

Loan,

9.097%,

(TSFR1M+3.850%),

12/17/2027

276,854

0.0

385,663 

LHS

Borrower,

LLC,

Initial

Term

Loan,

9.695%,

(US0006M+4.750%),

02/16/2029

368,308

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

34

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Building

&

Development:

(continued)

84,363 

Quikrete

Holdings

Inc,

Term

Loan

B

(2031),

7.345%,

(TSFR1M+3.500%),

04/14/2031

$

84,426

0.0

149,975 

Standard

Industries

Inc.,

Tranche

B,

7.692%,

(TSFR1M+2.250%),

09/22/2028

150,497

0.0

1,161,928

0.1

Business

Equipment

&

Services

:

0.0%

617,597 

Ensono

LP,

First

Lien

Initial

Term

Loan,

9.361%,

(US0001M+4.000%),

05/26/2028

618,138

0.0

503,963 

Open

Text

Corporation,

Tranche

B,

7.095%,

(TSFR1M+2.750%),

01/31/2030

504,697

0.0

1,006 

West

Technology

Group,

LLC,

Tranche

B,

9.502%,

(TSFR3M+4.000%),

10/10/2024

748

0.0

1,123,583

0.0

Chemicals

&

Plastics

:

0.1%

247,461 

Geon

Performance

Solutions

LLC,

2024

Refinancing

Term

Loan,

9.115%,

(TSFR3M+4.512%),

08/18/2028

248,492

0.0

471,842 

Herens

Holdco

Sarl,

Facility

B

USD

Loans,

8.629%,

(TSFR3M+3.925%),

07/03/2028

464,322

0.1

412,702 

Ineos

US

Finance

LLC,

2028

Dollar

Term

Loan,

7.445%,

(TSFR1M+2.500%),

11/08/2028

413,365

0.0

422,725 

Sparta

US

HoldCo

LLC,

First

Lien

Initial

Term

Loan,

8.451%,

(TSFR1M+3.250%),

08/02/2030

425,895

0.0

1,552,074

0.1

Commodities

:

0.1%

318,160 

Foundation

Building

Materials

Inc,

2024

Incremental

Term

Loan,

9.252%,

(TSFR1M+4.114%),

01/29/2031

314,263

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Commodities:

(continued)

422,451 

Foundation

Building

Materials

Inc,

Initial

Term

Loan

(First

Lien),

8.764%,

(TSFR3M+3.512%),

01/31/2028

$

416,995

0.0

426,428 

Specialty

Building

Products

Holdings

LLC,

First

Lien

Initial

Term

Loan,

8.695%,

(US0006M+3.750%),

10/15/2028

425,095

0.1

1,156,353

0.1

Communications

:

0.4%

350,000 

AP

Core

Holdings

II

LLC,

Term

B-2

Loans,

10.717%,

(TSFR3M+5.500%),

09/01/2027

340,637

0.0

605,050 

Arches

Buyer

Inc,

Refinancing

Term

Loan,

8.195%,

(TSFR1M+3.350%),

12/06/2027

592,334

0.1

529,800 

Cengage

Learning

Inc,

2024

Refinancing

Term

Loans,

8.014%,

(TSFR3M+3.500%),

03/24/2031

533,277

0.0

834,106 

(7)

Charter

Communications

Operating

LLC,

Term

Loan

B5,

11/30/2031

833,455

0.1

495,000 

CNT

Holdings

I

Corp,

Tranche

B,

8.752%,

(TSFR1M+3.500%),

11/08/2027

498,801

0.0

361,326 

Connect

US

Finco

LLC,

Amendment

No.

4

Term

Loan,

9.345%,

(TSFR1M+4.500%),

09/27/2029

323,387

0.0

293,525 

Crown

Subsea

Communications

Holding

Inc,

2024

Term

Loan,

9.252%,

(TSFR3M+4.000%),

01/30/2031

298,662

0.0

532,648 

(7)

Dotdash

Meredith,

Inc.,

Term

B-1

Loan,

12/01/2028

536,643

0.0

346,413 

Gogo

Intermediate

Holdings

LLC,

Initial

Term

Loan,

9.111%,

(TSFR1M+3.500%),

04/30/2028

329,688

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

35

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Communications:

(continued)

525,000 

GoodRX

Inc,

2024

Term

Loan,

8.595%,

(TSFR1M+3.750%),

07/10/2029

$

525,984

0.0

250,000 

GoTo

Group

Inc,

Exchange

First

Out

Term

Loan,

10.190%,

(TSFR3M+4.750%),

04/30/2028

228,125

0.0

154,848 

(7)

I-Logic

Technologies

Bidco

Limited,

Tl,

02/16/2028

156,048

0.0

387,970 

(7)

Ion

Trading

Finance

Limited,

2024-B

Dollar

Term

Loan,

04/03/2028

389,142

0.0

1,434 

Lumen

Technologies,

Inc.,

Tranche

B,

7.319%,

(TSFR1M+7.319%),

03/15/2027

1,344

0.0

263,677 

Magnite

Inc,

New

Term

Loan,

8.323%,

(TSFR1M+3.750%),

02/06/2031

267,302

0.0

549,502 

McGraw-Hill

Education

Inc,

Tranche

B,

8.604%,

(TSFR1M+4.000%),

08/06/2031

556,886

0.0

831,212 

MH

Sub

I

LLC,

Tranche

B3,

9.095%,

(TSFR1M+4.250%),

05/03/2028

833,175

0.1

633,580 

Proofpoint

Inc,

Tranche

B,

7.845%,

(TSFR1M+3.000%),

08/31/2028

637,232

0.1

149,625 

TripAdvisor

Inc,

Initial

Term

B

Loan,

7.595%,

(TSFR1M+2.750%),

07/08/2031

150,311

0.0

218,900 

Univision

Communications

Inc,

2024

Replacement

First-Lien

Term

Loan,

8.460%,

(TSFR1M+8.460%),

01/31/2029

219,858

0.0

8,252,291

0.4

Consumer,

Cyclical

:

1.0%

844,506 

1011778

BC

Unlimited

Liability

Company,

Term

Loan

B-6,

6.595%,

(TSFR1M+1.750%),

09/20/2030

842,571

0.1

495,000 

84

Lumber

Company,

2023

Term

B-1

Loan,

7.095%,

(TSFR1M+7.095%),

11/29/2030

497,887

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Consumer,

Cyclical:

(continued)

630,661 

(7)

ABG

Intermediate

Holdings

2

LLC,

2024-1

Refinancing

Term

Loan,

12/21/2028

$

633,945

0.0

665,605 

(7)

Alterra

Mountain

Company,

Series

B-6

Term

Loan,

08/17/2028

668,517

0.1

72,059 

American

Airlines

Inc,

Initial

Term

Loan,

10.294%,

(TSFR3M+5.012%),

04/20/2028

74,074

0.0

459,809 

American

Greetings

Corporation,

Tranche

C

Term

Loan,

10.595%,

(TSFR1M+5.750%),

10/23/2029

463,717

0.0

478,234 

Ascend

Learning

LLC,

Tranche

B,

13.850%,

(TSFR1M+3.600%),

12/11/2028

481,436

0.0

600,227 

Autokiniton

US

Holdings

Inc,

2024

Replacement

Term

B

Loan,

8.960%,

(TSFR3M+4.000%),

04/06/2028

597,789

0.0

491,288 

Caesars

Entertainment,

Inc.,

Tranche

B1,

7.595%,

(TSFR3M+2.750%),

02/06/2031

493,283

0.0

300,183 

(7)

Cinemark

USA

Inc,

Term

Loan

B,

05/24/2030

302,134

0.0

297,739 

City

Football

Group

Limited,

Tl,

7.969%,

(TSFR1M+3.262%),

07/21/2030

297,552

0.0

826,928 

Clarios

Global

LP,

Tranche

B,

7.345%,

(TSFR1M+2.500%),

05/06/2030

832,441

0.1

685,559 

Core

&

Main

LP,

Tranche

D

Term

Loan,

6.855%,

(TSFR1M+6.855%),

07/27/2028

687,702

0.1

645,000 

(7)

Crown

Finance

US

Inc,

Initial

Term

Loans,

10/31/2031

646,048

0.1

516,785 

Dealer

Tire

Financial

LLC,

2024

Tlb

B-4,

8.345%,

(TSFR1M+3.500%),

06/24/2031

518,077

0.0

482,773 

Everi

Holdings

Inc,

Term

B

Loan,

7.460%,

(TSFR1M+7.460%),

08/03/2028

484,554

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

36

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Consumer,

Cyclical:

(continued)

599,841 

(7)

Flutter

Entertainment

Public

Limited

Company,

2024

Term

Loan

B,

11/25/2030

$

602,090

0.0

146,667 

(7)

Formula

One

Management

Limited,

Tranche

B1,

09/19/2031

147,262

0.0

73,333 

(7)(8)

Formula

One

Management

Limited,

Tranche

B2,

09/19/2031

73,631

0.0

577,925 

Gates

Corporation,

Inital

B-5

Dollar

Term

Loan,

7.095%,

(TSFR1M+2.250%),

06/04/2031

580,164

0.0

560,000 

(7)

Golden

State

Foods

LLC,

Initial

Term

Loans,

10/07/2031

565,600

0.0

827,925 

Harbor

Freight

Tools

USA

Inc,

Tranche

B,

7.345%,

(TSFR1M+2.500%),

06/11/2031

817,732

0.1

245,820 

Hunter

Douglas

Inc.,

USD

Term

Loan

B1,

8.571%,

(TSFR1M+3.500%),

02/26/2029

246,127

0.0

384,285 

IRB

Holding

Corp,

Tranche

B,

8.097%,

(TSFR1M+2.750%),

12/15/2027

385,155

0.0

345,000 

(7)

Kodiak

BP

LLC,

Initial

Term

Loan,

11/27/2031

345,863

0.0

498,747 

(7)

LBM

Acquisition

LLC,

Incremental

Tlb,

06/06/2031

495,396

0.0

354,113 

Lc

Ahab

Us

Bidco

LLC,

Initial

Term

Loan,

8.345%,

(TSFR1M+3.500%),

04/11/2031

357,211

0.0

395,000 

Life

Time

Inc

(f/k/a

Life

Time

Fitness

Inc),

2024

New

Term

Loan,

7.152%,

(TSFR1M+2.500%),

11/05/2031

397,057

0.0

686,057 

Light

And

Wonder

International,

Inc.,

Tranche

B2,

7.333%,

(TSFR1M+7.333%),

04/16/2029

688,487

0.1

676,754 

LS

Group

OPCO

Acquisition

LLC,

Term

Loan

B,

7.845%,

(TSFR1M+3.000%),

04/15/2031

681,266

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Consumer,

Cyclical:

(continued)

452,728 

Osmosis

Buyer

Limited,

Tranche

B,

8.701%,

(TSFR1M+4.000%),

07/31/2028

$

454,567

0.0

335,000 

Peer

Holding

III

BV,

Facility

B5,

3.046%,

(TSFR3M+3.000%),

07/01/2031

337,373

0.0

346,447 

Penn

National

Gaming

Inc,

Term

B

Facility,

7.695%,

(TSFR1M+3.500%),

05/03/2029

348,569

0.0

149,625 

Raising

Canes

Restaurants

LLC,

Initial

Term

Loan,

7.014%,

(TSFR1M+7.014%),

09/18/2031

150,205

0.0

79,400 

RealTruck

Goup

Inc

(fka

Truck

Hero),

Second

Amendment

Incremental

Term

Loan,

9.960%,

(TSFR1M+5.000%),

01/31/2028

79,350

0.0

347,879 

(7)

Restoration

Hardware,

Inc.,

2022

Incremental

Term

Loan,

10/20/2028

347,553

0.0

261,697 

Samsonite

International

S.A.,

2024

Tranche

B

Term

Loan,

6.845%,

(TSFR1M+6.845%),

06/21/2030

262,897

0.0

406,519 

Scientific

Games

Holdings

LP,

Tranche

B,

8.318%,

(TSFR3M+3.000%),

04/04/2029

408,043

0.0

200,000 

(7)

Showtime

Acquisition

LLC,

Initial

Term

Loan,

08/13/2031

200,833

0.0

416,850 

Station

Casinos

LLC,

Term

B

Facility

Loans,

7.095%,

(TSFR3M+2.250%),

03/14/2031

417,979

0.0

248,274 

TGP

Holdings

III

LLC,

First

Lien

Closing

Date

Term

Loan,

8.195%,

(TSFR1M+3.350%),

06/29/2028

243,308

0.0

68,333 

Thor

Industries

Inc,

TERM

B-3

USD,

7.095%,

(TSFR1M+2.250%),

11/15/2030

68,718

0.0

247,436 

Tory

Burch

LLC,

Initial

Term

B

Loan,

8.210%,

(TSFR1M+3.500%),

04/16/2028

248,165

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

37

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Consumer,

Cyclical:

(continued)

150,000 

UFC

Holdings

LLC,

Term

B-4

Loans,

6.770%,

(TSFR3M+2.250%),

11/14/2031

$

151,098

0.0

412,286 

(7)

United

Air

Lines,

Inc.,

Term

Loan

B,

02/22/2031

414,237

0.0

599,205 

Weber-Stephen

Products

LLC,

Initial

Term

B

Loan,

8.467%,

(US0006M+3.250%),

10/30/2027

598,456

0.0

660,118 

(7)

Whatabrands

LLC,

2024-2

Refinancing

Term

B

Loan,

08/03/2028

662,299

0.1

656,203 

White

Cap

Buyer

LLC,

Tranche

C

Term

Loan,

8.095%,

(TSFR1M+8.095%),

10/19/2029

658,219

0.1

247,070 

Windsor

Holdings

III

LLC,

Tranche

B,

8.461%,

(TSFR1M+8.461%),

08/01/2030

249,116

0.0

21,205,753

1.0

Consumer,

Non-cyclical

:

1.1%

299,227 

(7)

ADMI

Corp.,

Amendment

No

5

Term

Loan,

12/23/2027

294,988

0.0

412,730 

(7)

ADMI

Corp.,

Incremental

Term

Loan,

12/23/2027

405,249

0.0

281,336 

Albion

Financing

3

SARL,

New

2024

Amended

Usd

Term

Loan,

9.826%,

(TSFR3M+9.826%),

08/16/2029

284,501

0.0

198,000 

American

Airlines

Inc,

Initial

Term

Loans,

7.209%,

(TSFR6M+3.500%),

06/04/2029

198,598

0.0

487,802 

Auris

Luxembourg

III

SARL,

Facility

B6

Loan,

8.177%,

(TSFR6M+3.750%),

02/28/2029

494,408

0.0

701,600 

Bausch

&

Lomb

Corporation,

Initial

Term

Loan,

8.270%,

(TSFR1M+3.350%),

05/10/2027

705,151

0.1

637,422 

(7)

Bausch

Health

Companies

Inc,

Tranche

B,

02/01/2027

623,080

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Consumer,

Non-cyclical:

(continued)

583,538 

(7)

Belron

Finance

US

LLC,

2031

Dollar

Incremental

Term

Loans,

10/01/2031

$

589,981

0.1

464,942 

Camelot

US

Acquisition

I

Co,

Term

Loan

B-1,

7.595%,

(TSFR1M+3.500%),

01/31/2031

465,232

0.0

422,864 

CHG

Healthcare

Services

Inc,

2024

Term

Loan,

8.460%,

(TSFR1M+3.614%),

09/29/2028

427,005

0.0

284,566 

(7)

CHG

Healthcare

Services

Inc,

Amendment

No.

5

Refinancing

Term

Loan,

09/29/2028

285,722

0.0

307,679 

(7)

Cimpress

PLC,

2024-2

RefinancingTranche

B-1,

05/17/2028

309,602

0.0

798,973 

Cotiviti

Inc,

Tranche

B,

8.451%,

(TSFR1M+3.250%),

08/27/2025

806,213

0.1

497,449 

Electron

Bidco

Inc.,

Initial

Term

Loan,

7.960%,

(TSFR1M+7.960%),

11/01/2028

499,980

0.0

170,000 

(7)

Examworks

Bidco

Inc.,

Term

Loan,

11/01/2028

170,829

0.0

368,102 

Fiesta

Purchaser,

Inc.,

Initial

Term

Loan,

8.845%,

(TSFR1M+4.000%),

02/12/2031

368,930

0.0

148,875 

Financiere

Mendel,

Addtl

Term

Fcaility

1

(USD),

8.354%,

(TSFR3M+8.354%),

11/13/2030

149,992

0.0

136,782 

Fleet

Midco

I

Ltd.,

Facility

B2

Term

Loan,

7.578%,

(TSFR6M+2.750%),

02/21/2031

137,808

0.0

263,675 

Fugue

Finance

LLC,

Dollar

Term

B-2

Loan,

8.807%,

(TSFR3M+3.750%),

02/26/2031

266,081

0.0

313,394 

Fugue

Finance

LLC,

Term

B

USD,

9.057%,

(TSFR3M+4.000%),

01/31/2028

315,907

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

38

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Consumer,

Non-cyclical:

(continued)

370,809 

Garda

World

Security

Corporation,

Tranche

B,

8.597%,

(TSFR1M+8.597%),

02/01/2029

$

374,981

0.0

392,306 

Global

Medical

Response

Inc,

Tranche

B,

10.844%,

(TSFR1M+3.500%),

10/02/2028

393,987

0.0

399,885 

Grifols

Worldwide

Operations

USA

Inc,

Tranche

B,

7.402%,

(TSFR3M+7.402%),

11/15/2027

398,786

0.0

40,494 

(7)(8)

Hanger

Inc.,

Delayed

Draw

Term

Loan,

10/15/2031

40,940

0.0

314,506 

Hanger

Inc.,

Initial

Term

Loan,

8.073%,

(TSFR1M+3.500%),

10/15/2031

317,965

0.0

297,750 

HomeServe

USA

Holding

Corp.,

Amendment

No.1

Refinancing

Term

Loan,

7.211%,

(TSFR1M+2.500%),

10/21/2030

298,619

0.0

701,699 

Jazz

Financing

Lux

Sarl,

Tranche

B-2

Dollar

Facility,

7.095%,

(TSFR1M+7.095%),

05/05/2028

703,990

0.1

420,118 

Kingpin

Intermediate

Holdings

LLC,

2023

Term

Loan

B,

8.584%,

(TSFR1M+3.500%),

02/08/2028

421,694

0.0

312,701 

Kuehg

Corp.,

Term

Loan,

7.839%,

(TSFR3M+3.250%),

06/12/2030

316,415

0.0

448,734 

(7)

Latham

Pool

Products

Inc,

Initial

Term

Loans,

(TSFR1M+8.695%),

02/23/2029

442,938

0.0

299,250 

(7)

LifePoint

Health

Inc,

Term

Loan

B2,

05/19/2031

300,354

0.0

1,207,429 

(7)

Medline

Borrower,

LP,

2024

USD

Add-on

Term

Loan

B,

10/23/2028

1,214,523

0.1

482,506 

Medrisk

Inc,

First

Lien

Initial

Term

Loan,

8.695%,

(TSFR1M+8.695%),

05/10/2028

486,200

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Consumer,

Non-cyclical:

(continued)

149,625 

Mister

Car

Wash

Holdings

Inc,

2024

Refinancing

Term

Loans,

7.845%,

(TSFR1M+3.000%),

03/21/2031

$

150,490

0.0

550,000 

(7)

Neptune

Bidco

Us

Inc.,

Tranche

B,

(TSFR3M+2.500%),

04/11/2029

495,884

0.0

522,460 

Organon

&

Co,

Dollar

Term

Loan,

7.465%,

(TSFR1M+7.465%),

05/19/2031

525,725

0.0

320,244 

Packaging

Coordinators

Midco

Inc.,

2024

Replacement

Term

Loan,

8.095%,

(TSFR3M+3.250%),

11/30/2027

321,845

0.0

661,580 

(7)

Pegasus

Bidco

BV,

2024-2

Dollar

Term

Loan,

07/12/2029

665,715

0.1

354,287 

(7)

Perrigo

Investments

LLC,

2024

Refinancing

Term

B

Loan,

04/20/2029

355,615

0.0

595,508 

(7)

Phoenix

Guarantor

Inc,

Tranche

B5

Term

Loan,

02/21/2031

598,252

0.1

313,427 

(7)

Prime

Security

Services

Borrower,

LLC

(aka

Protection

1

Security

Solutions),

Term

B1

Loan,

10/15/2030

314,515

0.0

46,333 

(7)(8)

Raven

Acquisition

Holdings,

LLC,

2024

Delayed

Draw

Term

Loan

Commitment,

11/30/2031

46,507

0.0

648,667 

Raven

Acquisition

Holdings,

LLC,

Initial

Term

Loans,

7.860%,

(TSFR1M+3.250%),

11/30/2031

651,099

0.1

747 

(8)

Ryan

LLC,

Delayed

Draw

Term

Loan,

8.800%,

(TSFR3M+4.500%),

11/14/2030

753

0.0

262,393 

Ryan

LLC,

Term

Loan,

9.856%,

(TSFR1M+4.500%),

11/14/2030

264,361

0.0

389,525 

Sigma

Bidco

BV,

Facility

B

10,

9.302%,

(SOFRRATE+4.410%),

01/03/2028

391,473

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

39

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Consumer,

Non-cyclical:

(continued)

678,300 

Sotera

Health

Holdings

LLC,

2024

Refinancing

Term

Loans,

8.095%,

(TSFR1M+3.250%),

05/30/2031

$

681,692

0.1

430,000 

(7)

Southern

Veterinary

Partners

LLC,

2024-

3

New

Term

Loans,

12/04/2031

433,561

0.0

461,345 

Spring

Education

Group

Inc,

Initial

Term

Loans,

8.604%,

(TSFR3M+4.000%),

10/04/2030

464,747

0.0

552,050 

Surgery

Center

Holdings

Inc,

2024

Refinancing

Term

Loans,

7.670%,

(TSFR1M+7.670%),

12/19/2030

556,914

0.0

377,195 

Triton

Water

Holdings

Inc,

2024

Incremental

Term

Loans,

9.335%,

(TSFR3M+4.000%),

03/31/2028

380,778

0.0

314,905 

Trugreen

Limited

Partnership,

Tranche

B,

9.347%,

(TSFR1M+4.000%),

11/02/2027

307,557

0.0

12,174 

(7)(8)

US

Fertility

Enterprises

LLC,

Initial

Delayed

Draw

Term

Loan,

10/07/2031

12,143

0.0

267,826 

US

Fertility

Enterprises

LLC,

Term

Loan

B,

9.158%,

(TSFR3M+4.500%),

10/07/2031

270,504

0.0

147,876 

VetStrategy

Canada

Holdings,

Tranche

B,

9.393%,

(TSFR3M+4.750%),

12/06/2028

149,201

0.0

235,000 

(7)

Viant

Medical

Holdings

Inc,

Term

Loan

B,

10/15/2031

237,889

0.0

414,624 

(7)

VM

Consolidated

Inc.,

Term

B-3

Loan,

03/24/2028

416,762

0.0

639,707 

Wand

NewCo

3

Inc,

Initial

Term

Loan,

7.854%,

(TSFR1M+3.250%),

01/30/2031

643,355

0.1

446,881 

Wcg

Intermediate

Corp.,

Term

Loan,

8.345%,

(TSFR1M+8.345%),

01/08/2027

449,162

0.0

23,297,148

1.1

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Containers

&

Glass

Products

:

0.1%

512,400 

Clydesdale

Acquisition

Holdings,

Inc.,

Term

B

Loan,

8.020%,

(TSFR1M+3.175%),

04/13/2029

$

514,001

0.0

246,154 

Plaze

Inc,

2021-1

Term

Loan,

8.710%,

(TSFR1M+3.750%),

08/03/2026

226,256

0.0

17,946 

Pretium

PKG

Holdings

Inc,

Second

Lien

Initial

Term

Loan,

12.068%,

(US0006M+6.750%),

10/01/2029

6,730

0.0

162,390 

Pretium

PKG

Holdings

Inc,

Third

Amendment

Tranche

A

Term

Loans,

10.248%,

(TSFR3M+5.000%),

10/02/2028

168,074

0.0

567,760 

ProAmpac

PG

Borrower

LLC,

2024

Term

Loan

B,

9.118%,

(TSFR3M+4.000%),

09/15/2028

570,102

0.0

577,734 

(7)

TricorBraun

Inc,

Tranche

B,

(TSFR1M+3.250%),

03/03/2028

577,944

0.1

2,063,107

0.1

Diversified

:

0.0%

461,513 

First

Eagle

Holdings

Inc,

Tranche

B-2

Term

Loans,

8.335%,

(TSFR3M+3.000%),

03/05/2029

463,019

0.0

Electronics/Electrical

:

0.1%

602,434 

Chariot

Buyer

LLC,

Tranche

B,

8.600%,

(TSFR1M+3.250%),

11/03/2028

606,629

0.1

197,094 

Creation

Technologies

Inc,

Initial

Term

Loan,

11.080%,

(TSFR3M+5.500%),

10/05/2028

191,182

0.0

210,000 

DG

Investment

Intermediate

Holdings

2

Inc,

Second

Lien

Initial

Term

Loan,

11.710%,

(TSFR1M+6.864%),

03/30/2029

209,672

0.0

441,603 

DG

Investment

Intermediate

Holdings

2

Inc,

Tranche

B,

9.111%,

(TSFR1M+3.864%),

03/31/2028

446,663

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

40

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Electronics/Electrical:

(continued)

384,316 

VC

GB

Holdings

I

Corp,

First

Lien

Initial

Term

Loan,

8.365%,

(TSFR3M+3.262%),

07/21/2028

$

384,934

0.0

1,839,080

0.1

Energy

:

0.2%

376,840 

Brazos

Delaware

II

LLC,

Term

Loan

B,

8.255%,

(TSFR6M+3.500%),

02/11/2030

379,941

0.0

194,513 

CPPIB

OVM

Member

U.S.

LLC,

Initial

Term

Loans,

7.854%,

(TSFR3M+3.250%),

08/20/2031

196,032

0.0

500,000 

(7)

Emg

Utica

Midstream

Holdings,

LLC,

Tlb,

10/31/2029

500,000

0.0

575,000 

Epic

Crude

Services

LP,

Term

Loan,

7.656%,

(TSFR3M+3.000%),

10/09/2031

580,435

0.1

130,872 

GIP

Pilot

Acquisition

Partners,

L.P.,

Tranche

B,

7.818%,

(TSFR3M+2.500%),

10/04/2030

131,854

0.0

311,850 

Goodnight

Water

Solutions

Holdings,

LLC,

Initial

Term

Loans,

10.095%,

(TSFR3M+5.250%),

06/04/2029

313,149

0.0

220,000 

MRC

Global

(US)

Inc.,

Term

Loan,

7.931%,

(TSFR6M+3.500%),

10/24/2031

220,550

0.0

265,000 

NGP

XI

Midstream

Holdings

LLC,

Initial

Term

Loan,

8.604%,

(TSFR2M+4.000%),

07/25/2031

266,159

0.0

197,476 

NorthRiver

Midstream

Finance

LP,

Term

Loan

(First

Lien),

7.832%,

(TSFR3M+2.500%),

08/16/2030

198,056

0.0

610,000 

Rockpoint

Gas

Storage

Partners

LP,

Initial

Term

Loan,

7.985%,

(TSFR3M+3.500%),

09/12/2031

614,728

0.1

363,175 

WaterBridge

Midstream

Operating

LLC,

Term

Loan

B,

9.393%,

(TSFR3M+4.750%),

06/27/2029

362,154

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Energy:

(continued)

349,125 

Waterbridge

NDB

Operating

LLC(f/k/a

Waterbridge

Midstream

Operating

LLC),

Initial

Term

Loan,

9.603%,

(TSFR3M+9.603%),

05/07/2029

$

353,544

0.0

4,116,602

0.2

Financial

:

0.8%

349,125 

AAL

Delaware

Holdco

Inc,

Initial

Term

Loan,

8.345%,

(TSFR1M+3.500%),

07/30/2031

352,507

0.0

1,068,684 

Acrisure

LLC,

Tranche

B6,

8.211%,

(TSFR1M+8.211%),

11/06/2030

1,072,024

0.1

855,482 

Alliant

Holdings

Intermediate

LLC,

New

Term

Loan

B6,

7.349%,

(TSFR1M+2.750%),

09/19/2031

858,904

0.1

298,469 

(7)

Allspring

Buyer

LLC,

2024

Specified

Refinancing

Term

Loan,

11/01/2028

299,216

0.0

335,000 

Ardonagh

Group

Finco

Pty

Ltd,

Syndicated

Facility

B

(USD)

Loan,

8.535%,

(TSFR6M+8.535%),

02/17/2031

337,094

0.0

590,378 

Aretec

Group

Inc,

Term

B-2

Loan,

8.573%,

(TSFR1M+4.000%),

08/09/2030

592,433

0.1

568,630 

(7)

Ascensus

Group

Holdings

Inc

(f/k/a

Mercury

Borrower

Inc),

2024

Term

Loan

B,

08/02/2028

570,052

0.0

982,575 

AssuredPartners

Inc.,

Tranche

B5,

8.345%,

(TSFR1M+3.500%),

02/14/2031

985,748

0.1

1,031,933 

Broadstreet

Partners

Inc,

Tranche

B4,

8.095%,

(TSFR3M+2.500%),

06/16/2031

1,038,741

0.1

551,475 

Castlelake

Aviation

One

Designated

Activity

Company,

Initial

Term

Loan,

7.447%,

(TSFR3M+2.500%),

10/22/2026

553,466

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

41

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Financial:

(continued)

10,329 

(8)

Chrysaor

Bidco

S.A

R.L.,

(Usd)

Delayed

Tl,

8.830%,

(TSFR1M+3.500%),

05/14/2031

$

10,427

0.0

139,671 

Chrysaor

Bidco

S.A

R.L.,

(Usd)

Tlb,

8.830%,

(TSFR1M+3.500%),

05/14/2031

140,998

0.0

424,310 

(7)

Citadel

Securities

LP,

2024

Term

Facility,

10/31/2031

426,113

0.0

290,000 

(7)

Cpi

Holdco

B,

LLC,

Incremental

Term

Loan

B,

10/24/2031

290,090

0.0

149,625 

Cpi

Holdco

B,

LLC,

Initial

Term

Loans,

6.845%,

(TSFR1M+2.000%),

05/19/2031

149,602

0.0

503,738 

Cushman

&

Amp;

Wakefield

U.S.

Borrower,

LLC,

2024

-

3

Term

Loan,

7.823%,

(TSFR1M+3.250%),

01/31/2030

504,524

0.0

185,000 

(7)

Dechra

Pharmaceuticals

Holdings

Limited

(f/k/a

Freya

Bidco

Limited),

Tlb,

12/02/2031

186,099

0.0

150,000 

Edelman

Financial

Engines

Center

LLC

(The),

2024

Refinancing

Term

Loans,

10.095%,

(TSFR1M+5.250%),

10/06/2028

151,359

0.0

530,955 

(7)

Edelman

Financial

Engines

Center

LLC

(The),

2024-2

Refinancing

Term

Loan,

04/07/2028

534,992

0.0

405,000 

(7)

Everest

Subbidco,

(Usd)

Tlb2,

12/04/2031

402,975

0.0

66,920 

(7)(8)

Focus

Financial

Partners

LLC,

2024

Delayed

Draw

Term

Loan,

09/11/2031

67,613

0.0

623,080 

(7)

Focus

Financial

Partners

LLC,

Initial

Term

Loan,

09/11/2031

629,527

0.1

150,000 

(7)

Goosehead

Insurance

Holdings,

LLC,

Term

Loan

B,

12/15/2031

151,312

0.0

189,525 

Grant

Thornton

Advisors

LLC,

Initial

Term

Loan,

8.095%,

(TSFR1M+3.250%),

06/02/2031

189,762

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Financial:

(continued)

372,109 

Guardian

US

Holdco,

Initial

Term

Loan,

8.830%,

(TSFR3M+3.500%),

01/31/2030

$

373,458

0.0

400,768 

HighTower

Holding

LLC,

2024

Term

Loan

B,

8.748%,

(TSFR3M+3.500%),

08/21/2028

402,897

0.0

302,716 

HUB

International

Ltd,

Incremental

Term

Loan,

8.255%,

(TSFR2M+3.000%),

06/20/2030

305,097

0.0

864,774 

(7)

Jane

Street

Group

LLC,

Extended

Term

Loan,

12/07/2031

863,801

0.1

525,000 

(7)

Jefferies

Finance

LLC,

Initial

Term

Loan

2024,

10/09/2031

527,789

0.0

761,908 

(7)

Osaic

Holdings

Inc

(f/k/a

Advisor

Group

Holdings

Inc),

Term

B4

Loan,

08/17/2028

765,836

0.1

367,295 

Overdrive,

Inc.,

New

First

Lien

Term

Loan,

9.170%,

(TSFR1M+4.250%),

06/15/2028

370,394

0.0

122,972 

RHP

Hotel

Properties

LP,

Incremental

Tranche

B

Term

Loan,

7.095%,

(TSFR1M+7.095%),

05/18/2030

123,184

0.0

538,705 

Ryan

Specialty

Group

LLC,

2024

Term

Loan

B,

7.095%,

(TSFR1M+7.095%),

09/15/2031

541,848

0.0

395,000 

(7)

Starwood

Property

Mortgage

LLC,

(Usd)

Tlb,

01/01/2030

395,000

0.0

170,081 

(7)

Truist

Insurance

Holdings,

LLC,

2024

Term

Loan

B,

05/06/2031

170,789

0.0

78,947 

Truist

Insurance

Holdings,

LLC,

Initial

Term

Loans

(Second

Lien),

9.354%,

(TSFR3M+4.750%),

05/06/2032

81,151

0.0

300,968 

(7)

USI

Inc.,

09/27/2030

300,874

0.0

490,062 

(7)

USI

Inc.,

2024

Term

Loan

B,

11/22/2029

490,150

0.0

290,000 

VFH

Parent

LLC,

Term

B-1

Loan,

7.595%,

(TSFR1M+7.595%),

06/21/2031

291,495

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

42

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Financial:

(continued)

225,953 

Walker

&

Dunlop

Inc,

Initial

Term

Loan,

7.195%,

(TSFR1M+7.195%),

12/16/2028

$

227,083

0.0

16,726,424

0.8

Food

Products

:

0.1%

393,989 

8th

Avenue

Food

&

Provisions

Inc,

2021

Incremental

Term

Loan,

9.710%,

(TSFR1M+4.750%),

10/01/2025

387,094

0.0

321,934 

BCPE

North

Star

US

Holdco

2

Inc,,

First

Lien

Initial

Term

Loan,

11.250%,

(TSFR1M+4.114%),

06/09/2028

310,465

0.0

513,741 

CHG

PPC

Parent

LLC,

Tranche

B,

8.361%,

(TSFR1M+3.114%),

12/08/2028

515,668

0.1

446,494 

Chobani

LLC,

2023

Additional

Term

Loan,

8.595%,

(TSFR1M+3.750%),

10/25/2027

451,238

0.0

213,205 

Primary

Products

Finance

LLC,

2024

Replacement

Term

B

Loan,

8.971%,

(TSFR3M+3.650%),

04/01/2029

214,182

0.0

1,878,647

0.1

Health

Care

:

0.2%

353,634 

Amneal

Pharmaceuticals

LLC,

Initial

Term

Loan,

8.460%,

(TSFR1M+3.614%),

05/04/2025

364,390

0.0

889,334 

AthenaHealth

Group

Inc,

Initial

Term

Loan,

8.497%,

(TSFR1M+3.250%),

02/15/2029

893,622

0.1

174,563 

Concentra

Health

Services,

Inc.,

Term

Loan

B,

7.095%,

(TSFR1M+2.250%),

07/26/2031

175,872

0.0

482,039 

(7)

Embecta

Corp.,

Initial

Term

Loan,

(TSFR1M+3.000%),

03/30/2029

480,566

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Health

Care:

(continued)

288,462 

Gloves

Buyer

Inc,

Tranche

B,

9.361%,

(TSFR1M+4.114%),

12/29/2027

$

289,003

0.0

12,531 

National

Mentor

Holdings

Inc,

First

Lien

Initial

Term

C

Loan,

8.454%,

(TSFR3M+3.850%),

03/02/2028

12,441

0.0

434,837 

National

Mentor

Holdings

Inc,

First

Lien

Initial

Term

Loan,

9.097%,

(TSFR1M+3.850%),

03/02/2028

431,745

0.0

360,997 

Pacific

Dental

Services

LLC,

Term

Loan

USD

1BN,

8.590%,

(TSFR1M+3.250%),

03/15/2031

364,005

0.0

488,775 

(7)

Resonetics

LLC,

2024

Specified

Refinancing

Term

Loan,

06/18/2031

491,830

0.1

3,503,474

0.2

Industrial

:

1.0%

486,962 

AlixPartners

LLP,

Tranche

B,

7.717%,

(TSFR1M+2.500%),

02/04/2028

489,447

0.0

580,000 

Alliance

Laundry

Systems

LLC,

Tranche

B,

8.345%,

(TSFR3M+3.500%),

08/19/2031

584,577

0.1

687,632 

Allied

Universal

Holdco

LLC,

Tranche

B,

8.695%,

(TSFR1M+3.750%),

05/15/2028

690,640

0.1

672,669 

Altium

Packaging

LLC,

2024

Refinancing

Term

Loan,

7.345%,

(TSFR1M+2.500%),

06/11/2031

673,790

0.1

178,650 

Anticimex

Inc,

Facility

B6,

8.252%,

(SOFRRATE+3.400%),

11/16/2028

180,102

0.0

155,000 

(7)

Arcosa,

Inc.,

Term

Loan,

08/12/2031

156,938

0.0

478,800 

Azorra

Soar

TLB

FInance

Limited,

Initial

Term

Loans,

8.132%,

(TSFR3M+3.500%),

10/10/2029

477,004

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

43

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Industrial:

(continued)

396,756 

Azuria

Water

Solutions

Inc,

2024

Second

Additional

Replacement

Term

Loan,

8.595%,

(TSFR1M+8.595%),

05/17/2028

$

400,327

0.0

434,521 

Belfor

Holdings

Inc,

Initial

Tranche

B-1

Term

Loan,

9.000%,

(TSFR1M+3.750%),

11/01/2030

439,953

0.0

483,693 

Bombardier

Recreational

Products

Inc,

2024

Extended

Term

Loan,

7.595%,

(TSFR1M+2.750%),

01/22/2031

484,600

0.0

164,176 

Brown

Group

Holding

LLC,

Tranche

B2,

7.807%,

(TSFR3M+2.750%),

07/02/2029

164,865

0.0

344,474 

Chart

Industries,

Inc.,

Tranche

B,

7.825%,

(TSFR3M+7.825%),

03/18/2030

345,873

0.0

712,926 

(7)

Charter

Next

Generation,

Inc.,

2024

Replacement

Term

Loans,

12/01/2030

717,431

0.1

291,975 

Coherent

Corp

(f/k/a

II-VI

Incorporated),

Term

Loan

B-1,

7.345%,

(TSFR1M+7.345%),

07/02/2029

293,709

0.0

505,000 

Construction

Partners

Inc.,

Closing

Date

Loans,

7.172%,

(TSFR1M+2.500%),

11/03/2031

508,156

0.0

365,000 

Crown

Equipment

Corporation,

Initial

Term

Loan,

7.122%,

(TSFR1M+2.500%),

10/02/2031

367,738

0.0

493,198 

(7)

Doosan

Bobcat

North

America

Inc

(f/k/a

Clark

Equipment

Company),

Tranche

B

Term

Loans,

04/20/2029

495,356

0.0

275,289 

Dynasty

Acquisition

Co

Inc.,

Initial

Term

B-1

Loan,

6.823%,

(TSFR1M+2.250%),

10/31/2031

276,936

0.0

104,711 

Dynasty

Acquisition

Co

Inc.,

Initial

Term

B-2

Loan,

6.823%,

(TSFR1M+2.250%),

10/31/2031

105,337

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Industrial:

(continued)

171,111 

EMRLD

Borrower

LP,

Initial

Term

B

Loan,

7.557%,

(TSFR3M+2.500%),

05/31/2030

$

171,966

0.0

457,385 

Filtration

Group

Corporation,

2021

Incremental

Term

Loan,

8.861%,

(TSFR1M+3.500%),

10/21/2028

461,459

0.0

313 

Foley

Products

Company,

LLC,

Term

Loan,

9.504%,

(TSFR3M+9.504%),

12/29/2028

317

0.0

150,000 

(7)

Frontdoor

Inc,

2024

Term

Loan

B,

12/17/2031

150,281

0.0

132,971 

Genesee

&

Wyoming

Inc,

Initial

Term

Loan

B,

6.604%,

(TSFR3M+2.000%),

04/10/2031

132,981

0.0

141,847 

Gulfside

Supply

Inc,

Initial

Term

Loan,

8.286%,

(TSFR3M+3.000%),

06/17/2031

142,793

0.0

437,800 

Husky

Injection

Molding

Systems

Ltd,

Tranche

B,

10.326%,

(TSFR6M+5.000%),

02/15/2029

441,767

0.0

564,077 

Ingram

Micro

Inc,

2024

Term

Loan

B,

7.564%,

(TSFR3M+2.750%),

09/22/2031

567,074

0.1

488,330 

Kenan

Advantage

Group

Inc

(The),

Term

Loan

B4,

8.095%,

(TSFR1M+3.250%),

01/25/2029

491,688

0.0

328,865 

(7)

Lsf11

Trinity

Bidco,

Inc.,

Term

Loan

B,

06/14/2030

331,743

0.0

675,000 

(7)

Lsf12

Crown

Us

Commercial

Bidco,

LLC,

Term

Loan,

10/14/2031

675,000

0.1

292,356 

Madison

Iaq

LLC,

Tranche

B,

7.889%,

(TSFR6M+2.750%),

06/21/2028

294,027

0.0

599,625 

Madison

Safety

&

Flow

LLC,

Initial

Term

Loan,

7.823%,

(TSFR1M+3.250%),

09/26/2031

604,685

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

44

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Industrial:

(continued)

154,189 

MI

Windows

and

Doors

LLC,

Tranche

B2,

8.345%,

(TSFR1M+3.500%),

03/28/2031

$

155,988

0.0

520,000 

(7)

Nvent

Electric

Public

Limited

Company,

Term

Loan

B,

09/12/2031

526,500

0.0

496,193 

Oscar

AcquisitionCo

LLC,

Term

B

Loan,

8.854%,

(TSFR3M+4.250%),

04/29/2029

491,696

0.0

249,375 

Ovation

Parent

Inc,

Initial

Term

Loan,

8.104%,

(TSFR3M+8.104%),

04/21/2031

251,401

0.0

780,100 

Pactiv

Evergreen

Group

Holdings

Inc.,

Tranch

B-4

U.S.

Term

Loans,

7.747%,

(TSFR1M+2.500%),

09/24/2028

783,956

0.1

493,008 

Pre

Paid

Legal

Services

Inc,

First

Lien

Initial

Term

Loans,

8.710%,

(TSFR1M+3.750%),

12/15/2028

497,168

0.0

142,408 

Pretium

PKG

Holdings

Inc,

Tranche

A1,

9.848%,

(TSFR3M+4.600%),

10/02/2028

113,971

0.0

545,418 

Pro

Mach

Group

Inc,

Refinancing

Term

Loan,

8.073%,

(TSFR1M+3.500%),

08/31/2028

550,872

0.0

390,371 

Quikrete

Holdings

Inc,

Tranche

B,

7.095%,

(TSFR1M+2.250%),

03/19/2029

390,755

0.0

215,357 

(7)

Radar

Bidco

Sarl,

FACILITY

B2

(USD),

04/04/2031

218,049

0.0

347,818 

Refficiency

Holdings

LLC,

2021

Initial

Term

Loan,

8.445%,

(TSFR1M+8.445%),

12/16/2027

349,448

0.0

349,094 

(7)

Savage

Enterprises

LLC,

Refinancing

Term

Loan,

09/18/2028

351,858

0.0

391,004 

Service

Logic

Acquisition

Inc,

2024

Term

Loan

B,

8.073%,

(TSFR1M+3.500%),

10/29/2027

395,403

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Industrial:

(continued)

227,907 

Smyrna

Ready

Mix

Concrete

LLC,

Tranche

B,

8.354%,

(TSFR1M+3.500%),

04/02/2029

$

229,331

0.0

514,718 

(7)

SPX

Flow,

Inc.,

2024

Term

Loan

B,

04/05/2029

519,745

0.0

250,000 

(7)

Terex

Corporation,

US

Term

Loan,

10/08/2031

251,281

0.0

540,000 

Third

Coast

Infrastructure

LLC,

Initial

Term

Loan,

8.823%,

(TSFR1M+4.250%),

09/25/2030

540,675

0.0

741,751 

TK

Elevator

Midco

Gmbh,

Facility  B2

(USD),

8.588%,

(TSFR6M+3.500%),

04/30/2030

747,736

0.1

990,019 

Transdigm

Inc,

Tranche

K,

7.354%,

(TSFR3M+2.750%),

03/22/2030

994,016

0.1

359,202 

Trident

TPI

Holdings

Inc,

Tranche

B-7

Term

Loan,

8.188%,

(TSFR6M+3.750%),

09/15/2028

362,843

0.0

75,705 

Tutor

Perini

Corporation,

Term

Loan,

9.710%,

(TSFR1M+4.750%),

08/18/2027

76,052

0.0

287,154 

Watlow

Electric

Manufacturing

Company,

Tranche

B,

9.264%,

(TSFR3M+4.012%),

03/02/2028

290,779

0.0

418,950 

Wilsonart

LLC,

Initial

Term

Loans,

8.854%,

(TSFR1M+4.250%),

08/05/2031

420,718

0.0

21,828,801

1.0

Insurance

:

0.0%

3,854 

Ima

Financial

Group,

Inc.,

Initial

Term

Loan,

8.095%,

(TSFR1M+3.750%),

10/16/2028

3,869

0.0

997,361 

Sedgwick

Claims

Management

Services

Inc,

2024

Term

Loan,

8.250%,

(TSFR3M+3.750%),

07/31/2031

1,004,664

0.0

1,008,533

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

45

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Leisure

Good/Activities/Movies

:

0.0%

553,100 

Hayward

Industries

Inc,

First

Lien

Initial

Term

Loan,

7.460%,

(US0006M+2.750%),

05/30/2028

$

556,557

0.0

482,456 

Playtika

Holding

Corp,

Tranche

B1,

7.943%,

(TSFR1M+2.750%),

03/13/2028

484,386

0.0

1,040,943

0.0

Lodging

&

Casinos

:

0.1%

672,937 

Fertitta

Entertainment

LLC,

Tranche

B,

8.847%,

(TSFR1M+3.750%),

01/29/2029

676,406

0.1

472,551 

Flynn

Restaurant

Group

LP,

2021

New

Term

Loan,

9.210%,

(TSFR1M+4.364%),

12/01/2028

474,840

0.0

414,928 

Golden

Entertainment

Inc,

Term

B-1

Loan,

6.854%,

(TSFR1M+2.250%),

05/26/2030

415,188

0.0

324,008 

Hilton

Grand

Vacations

Borrower

LLC,

Initial

Term

Loan,

7.345%,

(TSFR1M+2.750%),

08/02/2028

326,114

0.0

1,892,548

0.1

Materials

:

0.0%

70,000 

(7)

White

Cap

Buyer

LLC,

Add-On

Tlb,

10/31/2029

70,215

0.0

Pipelines

:

0.0%

249,375 

Whitewater

DBR

Holdco

LLC,

Initial

Term

Loan,

7.354%,

(TSFR3M+2.750%),

03/03/2031

251,557

0.0

Radio

&

Television

:

0.1%

459,139 

DirectV

Financing

LLC,

Closing

Date

Term

Loan,

10.360%,

(TSFR1M+5.114%),

08/02/2027

461,435

0.1

390,417 

Gray

Television

Inc,

Tranche

D,

8.315%,

(TSFR1M+3.113%),

12/01/2028

361,185

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Radio

&

Television:

(continued)

344,448 

Houghton

Mifflin

Harcourt

Company,

First

Lien

Term

B

Loan,

10.195%,

(TSFR1M+5.350%),

04/09/2029

$

339,927

0.0

32,793 

Sinclair

Television

Group

Inc,

Tranche

B2B,

8.014%,

(TSFR1M+2.500%),

09/30/2026

32,439

0.0

147,727 

Sinclair

Television

Group

Inc,

Tranche

B4,

8.695%,

(TSFR1M+3.750%),

04/23/2029

121,413

0.0

1,316,399

0.1

Retailers

(Except

Food

&

Drug)

:

0.1%

826,588 

Great

Outdoors

Group

LLC,

Term

B-2

Loan,

9.110%,

(TSFR1M+3.864%),

03/06/2028

831,819

0.1

853,052 

(7)

Leslie's

Poolmart

Inc,

Initial

Term

Loan,

(TSFR1M+2.750%),

03/09/2028

817,559

0.0

581,583 

Petco

Health

and

Wellness

Company

Inc,

Tranche

B,

8.115%,

(TSFR3M+3.512%),

03/06/2028

566,135

0.0

2,215,513

0.1

Technology

:

1.1%

436,566 

Adeia

Inc,

3rd

Amendment

Term

Loan

B,

7.961%,

(TSFR1M+7.961%),

06/08/2028

438,021

0.0

485,000 

(7)

Amazon

Holdco

Inc.,

Tlb,

09/29/2031

484,454

0.0

349,121 

AMC

Entertainment

Holdings

Inc,

Initial

Exchange

Term

Loan,

11.595%,

(TSFR1M+7.000%),

01/04/2029

356,278

0.0

115,000 

Applied

Systems

Inc,

Initial

Term

Loan

(2024)

(Second

Lien),

9.854%,

(TSFR3M+5.250%),

02/23/2032

118,510

0.0

518,457 

Applied

Systems

Inc,

Tranche

B,

7.604%,

(TSFR1M+3.000%),

02/24/2031

523,980

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

46

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Technology:

(continued)

330,000 

Asurion

LLC,

Second

Lien

Term

Loan

B3,

10.210%,

(TSFR1M+5.364%),

01/31/2028

$

323,400

0.0

743,346 

BMC

Software

(Boxer/

Bladelogic),

2031

New

First

Lien

Dollar

Term

Loan,

9.005%,

(TSFR3M+9.005%),

07/30/2031

750,586

0.1

375,297 

Capstone

Borrower

Inc,

Term

Loan

B,

7.854%,

(TSFR3M+7.854%),

06/17/2030

378,346

0.0

397,567 

Cast

&

Crew

Payroll

LLC,

Tranche

B,

8.595%,

(TSFR1M+8.595%),

12/29/2028

385,640

0.0

595,000 

Cloud

Software

Group

Inc,

Incremental

Term

B,

8.309%,

(TSFR1M+3.750%),

03/24/2031

598,037

0.1

301,632 

(7)

Cloud

Software

Group

Inc,

Initial

Dollar

Term

B

Facility,

03/30/2029

302,970

0.0

569,910 

Connectwise,

LLC,

Initial

Term

Loan,

9.096%,

(TSFR3M+3.762%),

09/29/2028

574,398

0.1

495,153 

Constant

Contact

Inc,

First

Lien

Initial

Term

Loan,

9.566%,

(TSFR3M+4.262%),

02/10/2028

444,400

0.0

615,000 

(7)

Darktrace

Plc,

Term

Loan,

07/02/2031

615,165

0.1

550,000 

Dragon

Buyer,

Inc.,

Term

Loan,

7.854%,

(TSFR3M+3.250%),

09/30/2031

551,833

0.1

213,388 

(7)

Dun

&

Bradstreet

Corporation

(The),

Incremental

Term

B-2,

01/18/2029

213,899

0.0

426,083 

ECI

Macola

/

Max

Holding

LLC,

Term

Loan,

7.842%,

(TSFR3M+3.250%),

05/31/2030

430,654

0.0

280,000 

(7)

Envestnet,

Inc.,

Term

Loan,

09/19/2031

282,800

0.0

856,528 

(7)

Epicor

Software

Corporation,

Term

Loan

F,

05/30/2031

863,756

0.1

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Technology:

(continued)

249,375 

Fortress

Intermediate

3

Inc.,

Initial

Term

Loan,

8.595%,

(TSFR1M+3.750%),

06/27/2031

$

250,544

0.0

395,377 

Gainwell

Acquisition

Corp,

Tranche

B,

8.704%,

(US0006M+4.000%),

10/01/2027

384,092

0.0

616,177 

Genesys

Cloud

Services

Holdings

II

LLC

(f/k/a

Greeneden

US

Holdings

II

LLC),

Initial

2024

Incremental

No.

3

Dollar

Term

Loan,

7.573%,

(TSFR1M+3.000%),

12/01/2027

621,646

0.1

300,752 

(7)

Helios

Software

Holdings

Inc.,

Facility

2024-B

Dollar

Term

Loan,

07/18/2030

302,820

0.0

600,000 

Icon

Parent

I,

Initial

Term

Loan,

7.516%,

(TSFR3M+3.000%),

09/11/2031

602,850

0.1

347,375 

Imagine

Learning

LLC,

2024

Term

Loan,

8.345%,

(TSFR1M+3.500%),

01/02/2040

348,491

0.0

548,625 

Indy

Us

Bidco,

LLC,

Ninth

Amend

Dollar

Term

Loan,

9.595%,

(TSFR1M+4.750%),

03/06/2028

547,368

0.0

396,679 

Informatica

LLC,

2024

Term

Loan

B,

7.095%,

(TSFR1M+7.095%),

10/27/2028

399,240

0.0

148,875 

Lorca

Telecom

Bidco

S.A.,

Facility

B4

Loan,

8.104%,

(TSFR3M+3.500%),

03/25/2031

150,426

0.0

492,484 

(7)

Mcafee

Corp.,

Refinancing

Tranche

B-1,

03/01/2029

493,716

0.0

280,000 

MH

Sub

I

LLC,

Second

Lien

Term

Loan,

11.502%,

(TSFR1M+6.250%),

02/23/2029

277,958

0.0

200,000 

(7)

Minerals

Technologies

Inc.,

Term

Loan

B,

12/01/2031

201,125

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

47

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Technology:

(continued)

548,625 

Mitchell

International,

Inc.,

Initial

Term

Loan,

8.095%,

(TSFR1M+8.095%),

06/06/2031

$

549,778

0.0

330,103 

MKS

Instruments

Inc,

2024-1

Dollar

Term

Loan

B,

7.170%,

(TSFR1M+7.170%),

08/17/2029

332,001

0.0

270,000 

Modena

Buyer

LLC,

Initial

Term

Loan,

9.104%,

(TSFR3M+9.104%),

07/01/2031

262,170

0.0

445,000 

Mosel

Bidco

(SE),

Facility

B

(Usd)

Loan,

9.104%,

(TSFR3M+4.750%),

09/16/2030

450,562

0.0

455,000 

(7)

Neon

Maple

Purchaser

Inc,

Tranche

B-1

Term

Loan,

07/18/2031

456,517

0.0

98,106 

Oceankey

(U.S.)

II

Corp,

Term

Loan,

8.445%,

(US0006M+3.500%),

12/15/2028

98,535

0.0

204,532 

Paysafe

Holdings

(US)

Corp,

Facility

B1,

7.710%,

(TSFR1M+2.750%),

06/28/2028

206,236

0.0

590,000 

PointClickCare

Technologies

Inc.,

2024-

1

Term

Loan,

7.821%,

(TSFR1M+3.250%),

10/10/2031

593,319

0.1

546,366 

Project

Boost

Purchaser

LLC,

1L

Intial

Term

Loan,

8.786%,

(TSFR3M+3.500%),

07/16/2031

550,934

0.0

373,499 

(7)

Project

Ruby

Ultimate

Parent

Corp,

Incremental

Term

B4

Loan,

03/10/2028

375,693

0.0

172,813 

Quartz

AcquireCo

LLC,

Tranche

B,

7.354%,

(TSFR3M+7.354%),

06/28/2030

174,001

0.0

228,461 

Rackspace

Finance,

LLC,

Tranche

B,

7.982%,

(TSFR1M+3.500%),

05/15/2028

133,935

0.0

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Technology:

(continued)

745,510 

RealPage

Inc,

First

Lien

Initial

Term

Loan,

7.960%,

(TSFR1M+3.114%),

04/24/2028

$

745,277

0.1

452,964 

(7)

Rocket

Software

Inc.,

Term

Loan,

11/28/2028

457,520

0.0

380,000 

(7)

Sandisk

Corporation,

Tlb,

02/05/2032

375,725

0.0

297,754 

Skillsoft

Finance

II

Inc,

Initial

Term

Loan,

10.219%,

(TSFR1M+5.364%),

07/14/2028

262,395

0.0

301,950 

SonicWall

US

Holdings

Inc,

2023

Term

Loan,

9.604%,

(TSFR3M+5.000%),

05/18/2028

301,997

0.0

515,000 

(7)

Sophos

Holdings,

LLC,

Incremental

Tl,

03/05/2027

518,791

0.0

243,316 

Tenable  Inc,

Initial

Term

Loan,

7.710%,

(US0006M+2.750%),

07/07/2028

244,887

0.0

457,053 

(7)

The

Knot

Worldwide

Inc.,

Amendment

No

5

term

Loan,

01/31/2028

460,481

0.0

239,400 

Thunder

Generation

Funding

LLC,

Tranche

B,

7.610%,

(TSFR3M+3.000%),

10/03/2031

241,431

0.0

897,314 

UKG

Inc,

Tranche

B,

8.555%,

(TSFR3M+3.500%),

02/10/2031

904,911

0.1

494,987 

Virtusa

Corporation,

Term

B-2

Loan,

8.095%,

(TSFR1M+8.095%),

02/15/2029

499,112

0.0

219,450 

(7)

VS

Buyer

LLC,

2024-1

Refinancing

Term

Loan,

04/12/2031

219,724

0.0

396,663 

Waystar

Technologies

Inc,

Tranche

B,

7.595%,

(TSFR1M+2.750%),

10/22/2029

398,274

0.0

23,031,609

1.1

Telecommunications

:

0.1%

403,430 

Asurion

LLC,

New

B11

Term

Loan,

9.195%,

(TSFR1M+4.250%),

08/21/2028

404,438

0.0

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

48

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

BANK

LOANS:

(continued)

Telecommunications:

(continued)

488,072 

Cablevision

Lightpath

LLC,

Tranche

B,

8.461%,

(TSFR1M+3.250%),

11/30/2027

$

488,987

0.0

783,256 

CCI

Buyer

Inc,

First

Lien

Initial

Term

Loan,

8.604%,

(TSFR3M+4.000%),

12/17/2027

784,725

0.1

456,298 

UPC

Financing

Partnership,

Facility

AX,

8.136%,

(TSFR1M+3.000%),

01/31/2029

459,321

0.0

71,293 

Viasat

Inc,

Tranche

B,

9.345%,

(TSFR1M+4.500%),

03/05/2029

64,253

0.0

650,000 

Zayo

Group

Holdings

Inc,

Tranche

B,

7.687%,

(TSFR1M+3.000%),

03/09/2027

609,492

0.0

2,811,216

0.1

Utilities

:

0.1%

219,450 

(7)

Alpha

Generation

LLC,

Tranche

B,

09/30/2031

221,429

0.0

278,889 

Bip

Pipeco

Holdings

LLC,

Term

Loan,

7.818%,

(TSFR3M+2.500%),

12/05/2030

280,458

0.0

361,800 

Discovery

Energy

Holding

Corporation,

Initial

Dollar

Term

Loan,

9.354%,

(TSFR3M+4.750%),

05/01/2031

362,026

0.1

335,000 

Lightning

Power,

LLC,

Initial

Term

B

Loan,

8.346%,

(TSFR3M+3.250%),

08/18/2031

339,337

0.0

119,100 

NRG

Energy

Inc.,

Term

Loan,

7.264%,

(TSFR1M+3.500%),

04/16/2031

119,528

0.0

316,180 

Vistra

Operations

Company

LLC,

2018

Incremental

Term

Loan,

6.845%,

(TSFR1M+2.000%),

12/20/2030

317,337

0.0

1,640,115

0.1

Total

Bank

Loans

(Cost

$151,655,785)

152,725,049

7.3

Principal

Amount†

Value

Percentage

of

Net

Assets

SOVEREIGN

BONDS

:

2.7%

BRL

205,979 

(9)

Brazil

Letras

do

Tesouro

Nacional

LTN,

15.084

%,

01/01/2026

$

28,866,184

1.4

BRL

6,628,000 

Brazil

Notas

do

Tesouro

Nacional

Serie

B

NTNB,

6.000

%,

08/15/2050

4,067,264

0.2

1,050,000 

Brazilian

Government

International

Bond,

6.125

%,

03/15/2034

981,225

0.1

675,000 

Brazilian

Government

International

Bond,

7.125

%,

05/13/2054

629,100

0.0

1,000,000 

Colombia

Government

International

Bond,

5.200

%,

05/15/2049

676,000

0.0

900,000 

Colombia

Government

International

Bond,

7.750

%,

11/07/2036

880,493

0.1

2,000,000 

Colombia

Government

International

Bond,

8.375

%,

11/07/2054

1,937,610

0.1

6,200,000 

European

Bank

for

Reconstruction

&

Development,

GMTN,

20.000

%,

03/19/2025

6,871,615

0.3

1,425,000 

(2)

Guatemala

Government

Bond,

6.050

%,

08/06/2031

1,399,614

0.1

675,000 

(2)

Guatemala

Government

Bond,

6.550

%,

02/06/2037

665,550

0.0

600,000 

Panama

Government

International

Bond,

3.160

%,

01/23/2030

503,070

0.0

1,200,000 

Panama

Government

International

Bond,

7.500

%,

03/01/2031

1,220,625

0.1

1,765,000 

Republic

of

South

Africa

Government

International

Bond,

4.850

%,

09/30/2029

1,647,451

0.1

625,000 

Republic

of

South

Africa

Government

International

Bond,

5.875

%,

04/20/2032

588,697

0.0

1,150,000 

(2)(5)

Republic

of

South

Africa

Government

International

Bond,

7.100

%,

11/19/2036

1,121,296

0.1

550,000 

(2)(5)

Republic

of

South

Africa

Government

International

Bond,

7.950

%,

11/19/2054

527,334

0.0

924,000 

(2)

Romanian

Government

International

Bond,

5.750

%,

03/24/2035

826,985

0.0

1,338,000 

(2)

Romanian

Government

International

Bond,

6.375

%,

01/30/2034

1,281,095

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

49

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount†

Value

Percentage

of

Net

Assets

SOVEREIGN

BONDS:

(continued)

125,232 

(2)(10)

Ukraine

Government

International

Bond

(Step

Rate

@

3.000%

on

02/01/2027),

02/01/2030

$

68,314

0.0

467,977 

(2)(10)

Ukraine

Government

International

Bond

(Step

Rate

@

3.000%

on

02/01/2027),

02/01/2034

194,795

0.0

395,473 

(2)(10)

Ukraine

Government

International

Bond

(Step

Rate

@

3.000%

on

02/01/2027),

02/01/2035

234,812

0.0

329,561 

(2)(10)

Ukraine

Government

International

Bond

(Step

Rate

@

3.000%

on

02/01/2027),

02/01/2036

194,029

0.0

603,324 

(2)(10)

Ukraine

Government

International

Bond,

1.750

%

(Step

Rate

@

4.500%

on

08/01/2025),

02/01/2029

417,017

0.0

793,835 

(2)(10)

Ukraine

Government

International

Bond,

1.750

%

(Step

Rate

@

4.500%

on

08/01/2025),

02/01/2034

448,445

0.0

718,884 

(2)(10)

Ukraine

Government

International

Bond,

1.750

%

(Step

Rate

@

4.500%

on

08/01/2025),

02/01/2035

398,082

0.0

176,565 

(2)(10)

Ukraine

Government

International

Bond,

1.750

%

(Step

Rate

@

4.500%

on

08/01/2025),

02/01/2036

96,007

0.0

Total

Sovereign

Bonds

(Cost

$59,274,895)

56,742,709

2.7

U.S.

GOVERNMENT

AGENCY

OBLIGATIONS

:

2.6%

Federal

Farm

Credit

Bank

:

0.7%

15,000,000 

(1)

4.480

%,

(FEDL01

+

0.150%),

04/24/2026

15,003,499

0.7

Government

National

Mortgage

Association

:

1.3%

17,800,000 

(11)

4.500

%,

01/20/2055

16,826,563

0.8

10,000,000 

(11)

5.000

%,

01/20/2055

9,701,953

0.5

160,000 

(11)(12)

6.000

%,

10/15/2054

161,264

0.0

26,689,780

1.3

Uniform

Mortgage-Backed

Securities

:

0.6%

2,433 

5.500

%,

10/01/2039

2,445

0.0

11,800,000 

(11)

5.500

%,

01/01/2055

11,645,477

0.6

11,647,922

0.6

Total

U.S.

Government

Agency

Obligations

(Cost

$53,804,323)

53,341,201

2.6

Principal

Amount†

Value

Percentage

of

Net

Assets

U.S.

TREASURY

OBLIGATIONS

:

0.8%

United

States

Treasury

Notes

:

0.8%

858,000 

0.375

%,

09/30/2027

$

772,225

0.0

94,000 

2.750

%,

08/15/2032

83,391

0.0

188,000 

3.375

%,

09/15/2027

183,747

0.0

4,731,000 

4.125

%,

11/30/2029

4,677,989

0.2

294,200 

4.125

%,

11/30/2031

287,988

0.0

9,633,700 

4.250

%,

11/15/2034

9,383,366

0.5

1,709,200 

4.500

%,

12/31/2031

1,710,756

0.1

2,000 

4.625

%,

06/15/2027

2,017

0.0

17,101,479

0.8

Total

U.S.

Treasury

Obligations

(Cost

$17,396,523)

17,101,479

0.8

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK

:

0.0%

Business

Equipment

&

Services

:

0.0%

5,366 

(12)

Yak

Access

LLC

Series

A

6,037

0.0

1,157 

(12)

Yak

Access

LLC

Series

B

1,302

0.0

7,339

0.0

Consumer

Discretionary

:

0.0%

142,000 

(12)

24

Hour

Fitness

Worldwide,

Inc.

1,420

0.0

113 

(12)

Travelport

Tech

Ltd.

37,815

0.0

39,235

0.0

Consumer

Staples

:

—%

2,038 

(12)

Save-A-Lot,

Inc./Moran

Foods

—

—

Total

Common

Stock

(Cost

$548,230)

46,574

0.0

PREFERRED

STOCK

:

0.0%

Consumer

Discretionary

:

0.0%

189,193 

(12)

24

Hour

Fitness

Worldwide,

Inc.

57

0.0

Total

Preferred

Stock

(Cost

$227,212)

57

0.0

PURCHASED

OPTIONS

(13)

:

0.0%

Total

Purchased

Options

(Cost

$256,642)

268,640

0.0

Total

Long-Term

Investments

(Cost

$1,883,669,060)

1,832,569,423

88.2

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

50

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount

†

RA

Value

Percentage

of

Net

Assets

SHORT-TERM

INVESTMENTS

:

14.8%

Time

Deposits

:

0.2%

530,000 

(14)

Canadian

Imperial

Bank

of

Commerce,

4.320

%,

01/02/2025

$

530,000

0.0

560,000 

(14)

Landesbank

Hessen

Thueringen

Girozentrale,

4.320

%,

01/02/2025

560,000

0.0

590,000 

(14)

Mizuho

Bank

Ltd.,

4.330

%,

01/02/2025

590,000

0.1

560,000 

(14)

Royal

Bank

of

Canada,

4.330

%,

01/02/2025

560,000

0.0

570,000 

(14)

Societe

Generale

S.A.,

4.330

%,

01/02/2025

570,000

0.0

570,000 

(14)

Toronto-Dominion

Bank,

4.350

%,

01/02/2025

570,000

0.1

Total

Time

Deposits

(Cost

$3,380,000)

3,380,000

0.2

Commercial

Paper

:

12.2%

10,000,000 

American

Electric

Power

Co.,

Inc.,

4.560

%,

01/07/2025

9,991,289

0.5

2,450,000 

American

Electric

Power

Co.,

Inc.,

4.690

%,

02/11/2025

2,436,875

0.1

20,000,000 

American

Honda

Finance

Corp.,

4.550

%,

01/06/2025

19,985,081

1.0

3,375,000 

American

Honda

Finance

Corp.,

4.590

%,

01/21/2025

3,366,131

0.2

6,800,000 

Cigna

Group,

4.560

%,

01/06/2025

6,794,924

0.3

13,200,000 

Cigna

Group,

4.570

%,

01/10/2025

13,183,531

0.6

14,925,000 

Consolidated

Edison,

4.560

%,

01/08/2025

14,910,127

0.7

800,000 

Consolidated

Edison,

4.590

%,

01/13/2025

798,698

0.0

1,600,000 

Dominion

Energy,

Inc.,

4.540

%,

01/06/2025

1,598,811

0.1

17,400,000 

Dominion

Energy,

Inc.,

4.580

%,

01/16/2025

17,365,205

0.8

7,000,000 

Duke

Energy

Co.,

4.500

%,

01/03/2025

6,997,419

0.3

10,000,000 

Duke

Energy

Co.,

4.520

%,

01/09/2025

9,988,903

0.5

2,000,000 

Duke

Energy

Co.,

4.580

%,

01/21/2025

1,994,760

0.1

17,000,000 

EBAY,

Inc.,

4.620

%,

01/21/2025

16,955,028

0.8

12,000,000 

Enbridge

(US)

Inc.,

4.700

%,

01/16/2025

11,975,408

0.6

12,000,000 

Entergy

Corp.,

4.680

%,

02/18/2025

11,925,319

0.6

8,000,000 

Entergy

Corp.,

4.700

%,

02/14/2025

7,954,050

0.4

18,500,000 

Equifax,

Inc.,

4.570

%,

01/10/2025

18,476,910

0.9

Principal

Amount

†

RA

Value

Percentage

of

Net

Assets

SHORT-TERM

INVESTMENTS:

(continued)

Commercial

Paper

(continued)

15,000,000 

HP,

Inc.,

4.630

%,

01/10/2025

$

14,981,066

0.7

7,400,000 

Keurig

Dr.

Pepper,

Inc.,

4.550

%,

01/03/2025

7,397,241

0.4

15,075,000 

McCormick

&

Company,

Inc.,

4.680

%,

01/31/2025

15,015,533

0.7

15,000,000 

Mckesson

Corp.,

4.550

%,

01/03/2025

14,994,407

0.7

21,000,000 

Parker-Hannifin

Corp.,

4.590

%,

01/15/2025

20,960,529

1.0

3,500,000 

Volkswagen

Group,

4.680

%,

01/03/2025

3,498,658

0.2

Total

Commercial

Paper

(Cost

$253,560,352)

253,545,903

12.2

Repurchase

Agreements

:

1.0%

4,284,519 

(14)

Bethesda

Securities,

Repurchase

Agreement

dated

12/31/2024,

4.600%,

due

01/02/2025

(Repurchase

Amount

$4,285,599,

collateralized

by

various

U.S.

Government

Agency

Obligations,

2.500%-7.311%,

Market

Value

plus

accrued

interest

$4,370,209,

due

10/01/27-11/01/54)

4,284,519

0.2

5,922,548 

(14)

Cantor

Fitzgerald

Securities,

Repurchase

Agreement

dated

12/31/2024,

4.600%,

due

01/02/2025

(Repurchase

Amount

$5,924,041,

collateralized

by

various

U.S.

Government/U.S.

Government

Agency

Obligations,

2.000%-

7.000%,

Market

Value

plus

accrued

interest

$6,040,999,

due

10/01/29-02/01/57)

5,922,548

0.3

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

51

Voya

Strategic

Income

Opportunities

Fund

Principal

Amount

†

RA

Value

Percentage

of

Net

Assets

SHORT-TERM

INVESTMENTS:

(continued)

Repurchase

Agreements

(continued)

251,759 

(14)

Daiwa

Capital

Markets

America,

Inc.,

Repurchase

Agreement

dated

12/31/2024,

4.470%,

due

01/02/2025

(Repurchase

Amount

$251,821,

collateralized

by

various

U.S.

Government/U.S.

Government

Agency

Obligations,

0.000%-

7.500%,

Market

Value

plus

accrued

interest

$256,794,

due

03/27/25-01/01/55)

$

251,759

0.0

5,270,385 

(14)

Marex

Capital

Markets

Inc.,

Repurchase

Agreement

dated

12/31/2024,

4.630%,

due

01/02/2025

(Repurchase

Amount

$5,271,722,

collateralized

by

various

U.S.

Government

Agency

Obligations,

2.500%-6.500%,

Market

Value

plus

accrued

interest

$5,375,793,

due

11/01/51-12/01/54)

5,270,385

0.2

5,922,548 

(14)

State

of

Wisconsin

Investment

Board,

Repurchase

Agreement

dated

12/31/2024,

4.740%,

due

01/02/2025

(Repurchase

Amount

$5,924,086,

collateralized

by

various

U.S.

Government

Securities,

0.125%-

3.625%,

Market

Value

plus

accrued

interest

$6,025,172,

due

01/15/26-02/15/53)

5,922,548

0.3

Total

Repurchase

Agreements

(Cost

$21,651,759)

21,651,759

1.0

Shares

RA

Value

Percentage

of

Net

Assets

Mutual

Funds

:

1.4%

28,083,000 

(15)

BlackRock

Liquidity

Funds,

FedFund,

Institutional

Class,

4.370%

(Cost

$28,083,000)

$

28,083,000

1.4

Total

Short-Term

Investments

(Cost

$306,675,111)

$

306,660,662

14.8

Total

Investments

in

Securities

(Cost

$2,190,344,171)

$

2,139,230,085

103.0

Liabilities

in

Excess

of

Other

Assets

(62,621,621)

(3.0)

Net

Assets

$

2,076,608,464

100.0

†

Unless

otherwise

indicated,

principal

amount

is

shown

in

USD.

(1)

Variable

rate

security.

Rate

shown

is

the

rate

in

effect

as

of

December

31,

2024.

(2)

Securities

with

purchases

pursuant

to

Rule

144A

or

section

4(a)(2),

under

the

Securities

Act

of

1933

and

may

not

be

resold

subject

to

that

rule

except

to

qualified

institutional

buyers.

(3)

Interest

only

securities

represent

the

right

to

receive

the

monthly

interest

payments

on

an

underlying

pool

of

mortgage

loans.

Principal

amount

shown

represents

the

notional

amount

on

which

current

interest

is

calculated.

Payments

of

principal

on

the

pool

reduce

the

value

of

the

interest

only

security.

(4)

Principal

only

securities

represent

the

right

to

receive

the

monthly

principal

payments

on

an

underlying

pool

of

mortgage

loans.

No

payments

of

interest

on

the

pool

are

passed

through

the

principal

only

security.

(5)

Security,

or

a

portion

of

the

security,

is

on

loan.

(6)

All

or

a

portion

of

this

security

is

payment-in-kind

(“PIK”)

which

may

pay

interest

or

additional

principal

at

the

issuer’s

discretion.

Rates

shown

are

the

current

rate

and

possible

payment

rates.

(7)

Contract

rates

that

are

not

disclosed

do

not

take

effect

until

settlement

date

and

have

yet

to

be

determined.

(8)

All

or

a

portion

of

this

holding

is

subject

to

unfunded

loan

commitments.

(9)

Represents

a

zero

coupon

bond.

Rate

shown

reflects

the

effective

yield

as

of

December

31,

2024.

(10)

Step-up

bond

that

pays

an

initial

coupon

rate

for

the

first

period

and

then

a

higher

coupon

rate

for

the

following

periods.

Rates

shown

reflect

the

current

and

next

coupon

rate

as

of

December

31,

2024.

(11)

Represents

or

includes

a

TBA

transaction.

(12)

For

fair

value

measurement

disclosure

purposes,

security

is

categorized

as

Level

3,

whose

value

was

determined

using

significant

unobservable

inputs.

(13)

The

tables

within

the

Portfolio

of

Investments

detail

open

purchased

options

which

are

non-income

producing

securities.

(14)

All

or

a

portion

of

the

security

represents

securities

purchased

with

cash

collateral

received

for

securities

on

loan.

(15)

Rate

shown

is

the

7-day

yield

as

of

December

31,

2024.

Currency

Abbreviations:

BRL

Brazilian

Real

Reference

Rate

Abbreviations:

12MTA

12-month

Treasury

Average

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

52

Voya

Strategic

Income

Opportunities

Fund

SOFR30A

30-day

Secured

Overnight

Financing

Rate

SOFRRATE

1-day

Secured

Overnight

Financing

Rate

TSFR1M

1-month

CME

Term

Secured

Overnight

Financing

Rate

TSFR2M

2-month

CME

Term

Secured

Overnight

Financing

Rate

TSFR3M

3-month

CME

Term

Secured

Overnight

Financing

Rate

TSFR6M

6-month

CME

Term

Secured

Overnight

Financing

Rate

TSFR12M

12-month

CME

Term

Secured

Overnight

Financing

Rate

US0001M

1-month

LIBOR

US0006M

6-month

LIBOR

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

53

Voya

Strategic

Income

Opportunities

Fund

Fair

Value

Measurements

The

following

is

a

summary

of

the

fair

valuations

according

to

the

inputs

used

as

of

December

31,

2024

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

December

31,

2024

Asset

Table

Investments,

at

fair

value

Collateralized

Mortgage

Obligations

$

—

$

521,157,939

$

—

$

521,157,939

Corporate

Bonds/Notes

—

393,085,945

—

393,085,945

Commercial

Mortgage-Backed

Securities

—

368,957,867

—

368,957,867

Asset-Backed

Securities

—

269,141,963

—

269,141,963

Bank

Loans

—

152,725,049

—

152,725,049

Sovereign

Bonds

—

56,742,709

—

56,742,709

U.S.

Government

Agency

Obligations

—

53,179,936

161,264

53,341,201

U.S.

Treasury

Obligations

—

17,101,479

—

17,101,479

Purchased

Options

—

268,640

—

268,640

Common

Stock

—

—

46,574

46,574

Preferred

Stock

—

—

57

57

Short-Term

Investments

28,083,000

278,577,662

—

306,660,662

Total

Investments,

at

fair

value

$

28,083,000

$

2,110,939,189

$

207,895

$

2,139,230,085

Other

Financial

Instruments+

Centrally

Cleared

Interest

Rate

Swaps

—

315,225

—

315,225

Forward

Foreign

Currency

Contracts

—

2,949,808

—

2,949,808

Forward

Premium

Swaptions

—

2,631,469

—

2,631,469

Futures

3,567,632

—

—

3,567,632

Total

Assets

$

31,650,632

$

2,116,835,691

$

207,895

$

2,148,694,219

Liabilities

Table

Other

Financial

Instruments+

Centrally

Cleared

Interest

Rate

Swaps

$

—

$

(1,460,926)

$

—

$

(1,460,926)

Forward

Foreign

Currency

Contracts

—

(419,112)

—

(419,112)

Forward

Premium

Swaptions

—

(1,400,499)

—

(1,400,499)

Futures

(1,063,839)

—

—

(1,063,839)

OTC

volatility

swaps

—

(61,334)

—

(61,334)

Sales

Commitments

—

—

(161,264)

(161,264)

Written

Options

—

(1,203,398)

—

(1,203,398)

Total

Liabilities

$

(1,063,839)

$

(4,545,269)

$

(161,264)

$

(5,770,372)

+

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

December

31,

2024,

the

following

forward

foreign

currency

contracts

were

outstanding

for

Voya

Strategic

Income

Opportunities

Fund:

Currency

Purchased

Currency

Sold

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

USD

1,418,467

TRY

65,675,000

Bank

of

America

N.A.

04/03/25

$

(282,869)

USD

8,149,177

BRL

49,845,172

Barclays

Bank

PLC

02/07/25

136,140

CNY

191,731

USD

26,408

BNP

Paribas

02/07/25

113

BRL

39,326,115

USD

6,331,301

BNP

Paribas

02/07/25

(9,293)

USD

534,488

MXN

11,016,685

Brown

Brothers

Harriman

&

Co.

02/07/25

9,525

USD

45,467

ZAR

832,396

Brown

Brothers

Harriman

&

Co.

02/07/25

1,509

USD

5,873,735

BRL

35,921,192

Citibank

N.A.

02/07/25

99,097

USD

4,213,568

TRY

198,711,889

Deutsche

Bank

AG

11/10/25

(53,146)

USD

4,084,561

BRL

25,351,238

Goldman

Sachs

International

02/07/25

9,134

USD

8,929

CLP

8,760,446

Goldman

Sachs

International

02/07/25

123

BRL

49,673,179

USD

8,055,981

Goldman

Sachs

International

02/07/25

(70,594)

TRY

65,675,000

USD

1,416,936

Goldman

Sachs

International

04/03/25

284,399

TRY

198,459,075

USD

4,213,569

Goldman

Sachs

International

11/10/25

47,718

USD

33,091,654

BRL

205,979,000

Goldman

Sachs

International

01/05/26

2,362,050

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

54

Voya

Strategic

Income

Opportunities

Fund

Currency

Purchased

Currency

Sold

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

EUR

207,089

USD

217,977

UBS

AG

01/31/25

$

(3,210)

$

2,530,696

At

December

31,

2024,

the

following

futures

contracts

were

outstanding

for

Voya

Strategic

Income

Opportunities

Fund:

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Unrealized

Appreciation/

(Depreciation)

Long

Contracts:

U.S.

Treasury

2-Year

Note

3,047

03/31/25

$

626,491,766

$

279,803

U.S.

Treasury

5-Year

Note

2,566

03/31/25

272,777,828

(1,063,839)

$

899,269,594

$

(784,036)

Short

Contracts:

U.S.

Treasury

10-Year

Note

(966)

03/20/25

(105,052,500)

888,532

U.S.

Treasury

Long

Bond

(267)

03/20/25

(30,396,281)

650,241

U.S.

Treasury

Ultra

10-Year

Note

(1,038)

03/20/25

(115,542,375)

1,360,288

U.S.

Treasury

Ultra

Long

Bond

(115)

03/20/25

(13,674,219)

388,768

$

(264,665,375)

$

3,287,829

At

December

31,

2024,

the

following

centrally

cleared

interest

rate

swaps

were

outstanding

for

Voya

Strategic

Income

Opportunities

Fund:

Pay/Receive

Floating

Rate

Floating

Rate

Index

Floating

Rate

Index

Payment

Frequency

Fixed

Rate

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Receive

1-day

Secured

Overnight

Financing

Rate

Annual

3.837

%

Annual

08/16/44

USD

8,327,900

$

145,657

$

145,657

Receive

1-day

Secured

Overnight

Financing

Rate

Annual

3.855

Annual

11/29/44

USD

10,727,000

169,568

169,568

Receive

1-day

Secured

Overnight

Financing

Rate

Annual

4.526

Annual

06/18/26

USD

201,589,400

(1,104,025)

(1,104,025)

Receive

1-day

Secured

Overnight

Financing

Rate

Annual

4.241

Annual

07/22/26

USD

208,749,000

(356,901)

(356,901)

$

(1,145,701)

$

(1,145,701)

At

December

31,

2024,

the

following

OTC

volatility

swaps

were

outstanding

for

Voya

Strategic

Income

Opportunities

Fund:

Pay/

Receive

Volatility

(1)

Reference

Entity

Volatility

Strike

Rate

Counterparty

Maturity

Date

Currency

Notional

Amount

Fair

Value

Unrealized

Appreciation

(Depreciation)

Pay

USD

vs.

MXN

Spot

Exchange

Rate

13.500%

Morgan

Stanley

Capital

Services

LLC

06/12/25

USD

117,000

$

(61,334)

$

(61,334)

$

(61,334)

$

(61,334)

At

December

31,

2024,

the

following

OTC

purchased

foreign

currency

options

were

outstanding

for

Voya

Strategic

Income

Opportunities

Fund:

Description

Counterparty

Expiration

Date

Exercise

Price

Notional

Amount

Cost

Fair

Value

Call

USD

vs.

Put

CNH

BNP

Paribas

02/14/25

7.500

USD

1,187,000

$

104,136

$

157,736

Put

USD

vs.

Call

BRL

Goldman

Sachs

International

12/15/25

5.750

USD

879,000

152,506

110,904

$

256,642

$

268,640

At

December

31,

2024,

the

following

OTC

written

foreign

currency

options

were

outstanding

for

Voya

Strategic

Income

Opportunities

Fund:

Description

Counterparty

Expiration

Date

Exercise

Price

Notional

Amount

Premiums

Received

Fair

Value

Call

USD

vs.

Put

BRL

Goldman

Sachs

International

12/15/25

7.195

USD

879,000

$

152,506

$

(259,064)

Call

USD

vs.

Put

TRY

Deutsche

Bank

AG

11/07/25

47.000

USD

11,716,000

1,055,612

(798,334)

Put

USD

vs.

Call

TRY

Deutsche

Bank

AG

05/29/25

38.500

USD

11,716,000

161,739

(146,000)

$

1,369,857

$

(1,203,398)

PORTFOLIO

OF

INVESTMENTS

as

of

December

31,

2024

(Unaudited)

(continued)

55

Voya

Strategic

Income

Opportunities

Fund

At

December

31,

2024,

the

following

OTC

purchased

forward

premium

swaptions

were

outstanding

for

Voya

Strategic

Income

Opportunities

Fund:

Description

Counterparty

Exercise

Rate

(1)

Pay/

Receive

Exercise

Rate

Floating

Rate

Index

Expiration

Date

Notional

Amount

Premium

receivable/

(payable)

at

expiration

(2)

Unrealized

Appreciation/

(Depreciation)

Call

on

10-Year

Interest

Rate

Swap

Barclays

Bank

PLC

2.355%

Receive

1-day

Secured

Overnight

Financing

Rate

11/27/34

USD

22,347,000

$

—

$

403,913

Call

on

10-Year

Interest

Rate

Swap

JPMorgan

Chase

Bank

N.A.

2.375%

Receive

1-day

Secured

Overnight

Financing

Rate

08/14/34

USD

20,819,720

(874,429)

(179,372)

Call

on

30-Year

Interest

Rate

Swap

Barclays

Bank

PLC

17.500%

Receive

1-day

Secured

Overnight

Financing

Rate

06/14/27

USD

22,958,000

(4,017,650)

625,971

Put

on

30-Year

Interest

Rate

Swap

Barclays

Bank

PLC

18.000%

Pay

1-day

Secured

Overnight

Financing

Rate

05/25/27

USD

53,680,100

(9,662,418)

1,246,056

$

(14,554,497)

$

2,096,568

At

December

31,

2024,

the

following

OTC

written

forward

premium

swaptions

were

outstanding

for

Voya

Strategic

Income

Opportunities

Fund:

Description

Counterparty

Exercise

Rate

(1)

Pay/

Receive

Exercise

Rate

Floating

Rate

Index

Expiration

Date

Notional

Amount

Premium

receivable/

(payable)

at

expiration

(2)

Unrealized

Appreciation/

(Depreciation)

Call

on

1-Year

Interest

Rate

Swap

Bank

of

America

N.A.

3.140%

Pay

1-day

Secured

Overnight

Financing

Rate

09/19/28

USD

111,735,000

$

872,232

$

355,529

Put

on

10-Year

Interest

Rate

Swap

Barclays

Bank

PLC

5.355%

Receive

1-day

Secured

Overnight

Financing

Rate

11/27/34

USD

22,347,000

404,481

(581,324)

Put

on

10-Year

Interest

Rate

Swap

JPMorgan

Chase

Bank

N.A.

5.540%

Receive

1-day

Secured

Overnight

Financing

Rate

08/14/34

USD

20,819,720

874,428

(175,081)

Put

on

1-Year

Interest

Rate

Swap

Bank

of

America

N.A.

3.140%

Receive

1-day

Secured

Overnight

Financing

Rate

09/19/28

USD

111,735,000

872,232

(464,722)

$

3,023,373

$

(865,598)

(1)

Forward

premium

swaption

exercise

rates

represent

the

premium

price

on

each

respective

swaption

contract.

Final

exercise

rate

will

be

determined

at

the

expiration

of

each

respective

swaption

contract.

(2)

Forward

premium

swaptions

include

premiums

receivable/(payable)

that

have

extended

settlement

dates.

Premiums

are

not

exchanged

until

the

expiration

date

of

each

respective

forward

premium

swaption

contract.

The

following

sales

commitments

were

held

by

the

Voya

Strategic

Income

Opportunities

Fund

at

December

31,

2024:

Principal

Amount

Description

Contractual

Settlement

Date

Fair

Value

$

(160,000)

Ginnie

Mae,

6.000%,

due

10/15/54

10/21/24

$

(161,264)

Total

Sales

Commitments

Proceeds

receivable

$(162,718)

$

(161,264)

Currency

Abbreviations:

BRL

—

Brazilian

Real

CLP

—

Chilean

Peso

CNY

—

Chinese

Yuan

EUR

—

EU

Euro

MXN

—

Mexican

Peso

TRY

—

Turkish

Lira

USD

—

United

States

Dollar

ZAR

—

South

African

Rand

Net

unrealized

depreciation

consisted

of:

Gross

Unrealized

Appreciation

$

34,701,629

Gross

Unrealized

Depreciation

(85,815,688)

Net

Unrealized

Depreciation

$

(51,114,059)