Voya Asia Pacific High Dividend Equity Income Fund (IAE) NPORT-P Voya Asia Pacific High Dividend Equity Income Fund (May 2020 report)

Voya Asia Pacific High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of May 31, 2020 (Unaudited)

Shares				Value	Percentage of Net Assets
COMMON STOCK: 94.0%
		Australia: 14.8%
62,286		AGL Energy Ltd.		$   697,826	0.7
22,255		Aristocrat Leisure Ltd.		383,881	0.4
10,863		ASX Ltd.		640,245	0.7
196,970		Aurizon Holdings Ltd.		624,856	0.7
559,582		AusNet Services		656,128	0.7
87,037		Australia & New Zealand Banking Group Ltd.		1,035,875	1.1
75,617		BHP Group Ltd.		1,779,713	1.9
33,806		BlueScope Steel Ltd.		249,069	0.3
14,488		Brambles Ltd.		112,775	0.1
94,307		Coca-Cola Amatil Ltd.		551,505	0.6
5,527		Cochlear Ltd.		712,817	0.7
28,763		Commonwealth Bank of Australia		1,221,396	1.3
61,025		Crown Resorts Ltd.		391,014	0.4
5,022		CSL Ltd.		930,045	1.0
20,321		Fortescue Metals Group Ltd.		188,120	0.2
16,422		Goodman Group		168,708	0.2
12,574		Macquarie Group Ltd.		924,824	1.0
316,990		Medibank Pvt Ltd.		601,973	0.6
10,468		Newcrest Mining Ltd.		212,113	0.2
14,035		Rio Tinto Ltd.		876,616	0.9
121,454		Santos Ltd.		435,103	0.4
322,714		Scentre Group		481,058	0.5
77,513		Stockland		185,067	0.2
			14,060,727		14.8
		China: 36.0%
46,565		360 Security Technology, Inc. - A Shares		116,715	0.1
344,000		Agile Group Holdings, Ltd.		357,023	0.4
118,000		Air China Ltd. - H Shares		71,466	0.1
22,404	(1)	Alibaba Group Holding Ltd. ADR		4,646,366	4.9
113,000		Anhui Conch Cement Co., Ltd. - H Shares		852,076	0.9
25,000		Anta Sports Products Ltd.		224,051	0.2
1,265		Autohome, Inc. ADR		97,316	0.1
736,000	(2)	BAIC Motor Corp. Ltd. - H Shares		298,357	0.3
1,901,000		Bank of China Ltd. - H Shares		698,773	0.7
773,000		Bank of Communications Co., Ltd. - H Shares		470,981	0.5
45,000		Beijing Enterprises Holdings Ltd.		150,231	0.2
219,000		BOC Hong Kong Holdings Ltd.		616,839	0.7
589,000	(2)	CGN Power Co. Ltd. - H Shares		135,688	0.1
350,000		China Coal Energy Co. - H Shares		84,304	0.1
326,000		China Communications Services Corp., Ltd. - H Shares		217,403	0.2
1,655,960		China Construction Bank - H Shares		1,306,045	1.4
784,000		China Everbright Bank Co. Ltd. - H Shares		319,256	0.3
76,000		China Everbright Ltd.		107,454	0.1
369,000		China Medical System Holdings Ltd.		423,155	0.4
128,000		China Merchants Bank Co., Ltd. - H Shares		603,144	0.6
100,000		China Mobile Ltd.		707,074	0.7
258,000		China National Building Material Co., Ltd. - H Shares		292,698	0.3
784,000		China Petroleum & Chemical Corp. - H Shares		365,791	0.4
582,000		China Resources Cement Holdings Ltd. - H Shares		735,309	0.8
32,000		China Resources Land Ltd.		127,610	0.1
99,900		China Resources Double Crane Pharmaceutical Co. Ltd. - A Shares		172,260	0.2
267,000		China Shenhua Energy Co., Ltd. - H Shares		489,065	0.5
814,000		China Telecom Corp., Ltd. - H Shares		270,030	0.3
376,000		China Unicom Hong Kong Ltd.		218,642	0.2
174,500		Chinese Universe Publishing and Media Group Co. Ltd. - A Shares		277,560	0.3
729,000		Chongqing Rural Commercial Bank Co. Ltd. - H Shares		280,898	0.3
256,000		CIFI Holdings Group Co. Ltd.		185,973	0.2
363,000		CITIC Ltd.		348,260	0.4
441,000		CNOOC Ltd.		503,825	0.5
214,000		CSPC Pharmaceutical Group Ltd.		421,857	0.4
225,500	(2)	Dali Foods Group Co. Ltd.		143,433	0.2
144,500		Fosun International Ltd.		187,038	0.2
923,900		GD Power Development Co. Ltd. - A Shares		235,499	0.3
159,000		Geely Automobile Holdings Ltd.		219,692	0.2
74,160		Giant Network Group Co. Ltd.		173,460	0.2
356,000		Greenland Holdings Corp. Ltd. - A Shares		267,420	0.3
45,000		Haier Electronics Group Co. Ltd.		125,995	0.1
75,400		Haier Smart Home Co. Ltd. - A Shares		175,450	0.2
42,600		Huaxin Cement Co. Ltd.		148,700	0.2
10,600		Hundsun Technologies, Inc. - A Shares		156,995	0.2
1,961,414		Industrial & Commercial Bank of China - H Shares		1,270,443	1.3
77,600		Joincare Pharmaceutical Group Industry Co. Ltd.		138,545	0.1
110,000		Kingboard Holdings Ltd.		267,861	0.3

Voya Asia Pacific High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of May 31, 2020 (Unaudited) (Continued)

Shares				Value	Percentage of Net Assets
COMMON STOCK: (continued)
		China: (continued)
294,000		Kingboard Laminates Holdings Ltd.		$   259,697	0.3
238,000		Kunlun Energy Co. Ltd.		146,788	0.2
93,500		Li Ning Co. Ltd.		316,754	0.3
179,500	(2)	Luye Pharma Group Ltd. - H Shares		90,208	0.1
708,000		Metallurgical Corp. of China Ltd. - H Shares		110,051	0.1
18,690		Momo, Inc. ADR		362,586	0.4
1,314		NetEase, Inc. ADR		503,131	0.5
93,700		New China Life Insurance Co. Ltd. - H Shares		294,162	0.3
285,000		Nexteer Automotive Group Ltd.		156,503	0.2
598,000		PICC Property & Casualty Co., Ltd. - H Shares		523,206	0.6
149,000		Ping An Insurance Group Co. of China Ltd. - H Shares		1,474,523	1.6
999,000	(2)	Postal Savings Bank of China Co. Ltd. - H Shares		639,855	0.7
119,100		Sany Heavy Industry Co. Ltd. - A Shares		306,991	0.3
894,100		Shanghai 2345 Network Holding Group Co. Ltd. - A Shares		358,208	0.4
137,800		Shanghai Pharmaceuticals Holding Co. Ltd. - H Shares		218,452	0.2
298,026		Shanghai Yuyuan Tourist Mart Group Co. Ltd.		345,114	0.4
259,600		Shanxi Lu'an Environmental Energy Development Co. Ltd. - A Shares		201,860	0.2
10,103		Shenzhen Mindray Bio-Medical Electronics Co. Ltd. - A Shares		394,627	0.4
33,200		Sichuan Kelun Pharmaceutical Co. Ltd. - A Shares		95,431	0.1
197,000		Sino Biopharmaceutical Ltd.		311,286	0.3
209,500		Sinopec Engineering Group Co. Ltd. - H Shares		88,093	0.1
674,000		Sinotrans Ltd. - H Shares		140,326	0.1
89,000		Sinotruk Hong Kong Ltd.		216,937	0.2
94,200		Tencent Holdings Ltd.		5,101,483	5.4
46,600		Tongkun Group Co. Ltd.		80,120	0.1
95,000		Weichai Power Co. Ltd. - H Shares		164,572	0.2
5,100		Wuliangye Yibin Co. Ltd. - A Shares		106,148	0.1
309,545		Xiamen C & D, Inc. - A Shares		378,976	0.4
450,000		Yuexiu Property Co. Ltd. - H Shares		81,252	0.1
			34,171,366		36.0
		Hong Kong: 5.9%
68,974		AIA Group Ltd.		565,986	0.6
12,700		ASM Pacific Technology Ltd.		116,522	0.1
137,500		CK Asset Holdings Ltd.		755,226	0.8
33,000		CK Infrastructure Holdings Ltd.		165,823	0.2
12,500		CLP Holdings Ltd.		122,697	0.1
456,000		HKT Trust / HKT Ltd.		648,705	0.7
72,000		Kerry Properties Ltd.		171,238	0.2
12,545		Melco Resorts & Entertainment Ltd. ADR		201,096	0.2
517,000		New World Development Ltd.		525,464	0.6
263,000		NWS Holdings Ltd.		207,443	0.2
104,500		Power Assets Holdings Ltd.		585,159	0.6
28,500		Sun Hung Kai Properties Ltd.		333,811	0.3
66,500		Swire Pacific Ltd. - Class A		349,874	0.4
19,500		Techtronic Industries Co., Ltd.		170,116	0.2
802,000	(2)	WH Group Ltd.		697,696	0.7
			5,616,856		5.9
		India: 7.7%
107,301		Coal India Ltd.		201,393	0.2
11,178		Dr Reddys Laboratories Ltd.		601,762	0.6
263,095		GAIL India Ltd.		322,265	0.3
100,977		HCL Technologies Ltd.		736,972	0.8
17,076		Hindustan Unilever Ltd.		465,866	0.5
119,521		Infosys Ltd.		1,096,198	1.2
61,137		ITC Ltd.		159,682	0.2
2,475		Nestle India Ltd.		576,162	0.6
242,589		Oil & Natural Gas Corp., Ltd.		268,104	0.3
36,413		Tata Consultancy Services Ltd.		952,590	1.0
87,244		Tata Steel Ltd.		341,443	0.4
69,476		Tech Mahindra Ltd.		488,601	0.5
400,769		Vedanta Ltd.		489,903	0.5
195,247		Wipro Ltd.		549,780	0.6
			7,250,721		7.7
��		Indonesia: 2.4%
2,137,700		Adaro Energy Tbk PT		161,571	0.2
719,700		Astra International Tbk PT		235,531	0.3
416,600		Bank Central Asia Tbk PT		741,293	0.8
1,090,300		Bank Mandiri Persero TBK PT		335,053	0.4
313,700		Bank Negara Indonesia Persero Tbk PT		82,570	0.1
509,700		Bank Rakyat Indonesia		103,207	0.1
34,600		Gudang Garam Tbk PT		115,608	0.1
1,664,700		Hanjaya Mandala Sampoerna Tbk PT		221,760	0.2
279,200		Indah Kiat Pulp and Paper Corp. Tbk PT		100,707	0.1
328,400		Indofood Sukses Makmur Tbk PT		129,599	0.1
			2,226,899		2.4

Voya Asia Pacific High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of May 31, 2020 (Unaudited) (Continued)

Shares			Value	Percentage of Net Assets
COMMON STOCK: (continued)
	Macau: 0.6%
148,800	Sands China Ltd.		$   584,500	0.6
	Malaysia: 1.9%
222,200	AMMB Holdings Bhd		162,360	0.2
181,900	CIMB Group Holdings Bhd		158,030	0.2
240,700	Genting Bhd		221,926	0.2
80,600	Hong Leong Bank BHD		252,516	0.3
73,100	Malayan Banking BHD		126,291	0.1
111,500	MISC Bhd		213,323	0.2
79,000	Public Bank BHD		266,738	0.3
376,100	RHB Bank Bhd		413,164	0.4
		1,814,348		1.9
	New Zealand: 0.4%
139,337	Spark New Zealand Ltd.		383,033	0.4
	Philippines: 0.3%
37,170	BDO Unibank, Inc.		73,867	0.1
3,755	Globe Telecom, Inc.		170,179	0.2
		244,046		0.3
	Singapore: 2.4%
299,100	CapitaLand Ltd.		614,161	0.6
104,800	CapitaLand Mall Trust		151,212	0.2
383,000	ComfortDelgro Corp., Ltd.		391,297	0.4
1,132,300	Genting Singapore Ltd.		630,939	0.7
655,600	Yangzijiang Shipbuilding Holdings Ltd.		437,536	0.5
		2,225,145		2.4
	South Korea: 8.5%
46,277	BNK Financial Group, Inc.		190,504	0.2
5,510	Daelim Industrial Co., Ltd.		412,319	0.4
10,118	DB Insurance Co. Ltd.		355,765	0.4
5,003	Doosan Bobcat, Inc.		96,098	0.1
11,633	GS Engineering & Construction Corp.		269,294	0.3
8,603	GS Holdings Corp.		262,584	0.3
10,603	GS Retail Co. Ltd.		365,397	0.4
24,634	Hana Financial Group, Inc.		595,199	0.6
10,434	HDC Hyundai Development Co-Engineering & Construction		168,586	0.2
2,116	Hyundai Glovis Co., Ltd.		193,742	0.2
8,995	Hyundai Marine & Fire Insurance Co., Ltd.		176,650	0.2
2,396	Hyundai Mobis Co. Ltd.		384,168	0.4
3,971	Kakao Corp.		848,057	0.9
3,244	KB Financial Group, Inc.		88,532	0.1
17,777	Kia Motors Corp.		494,317	0.5
8,713	LG Electronics, Inc.		418,936	0.4
1,593	POSCO		234,365	0.2
1,431	Samsung Fire & Marine Insurance Co. Ltd.		211,457	0.2
1,059	Samsung SDS Co. Ltd.		163,551	0.2
30,053	Shinhan Financial Group Co., Ltd.		734,551	0.8
615	Shinsegae, Inc.		122,076	0.1
1,376	SK Holdings Co. Ltd.		266,785	0.3
5,494	SK Hynix, Inc.		364,322	0.4
1,052	SK Telecom Co., Ltd.		183,734	0.2
66,709	Woori Financial Group, Inc.		492,258	0.5
		8,093,247		8.5
	Taiwan: 11.9%
25,000	Catcher Technology Co., Ltd.		182,198	0.2
149,840	Chailease Holding Co. Ltd.		584,038	0.6
183,000	Chicony Electronics Co. Ltd.		525,050	0.6
147,000	Foxconn Technology Co., Ltd.		264,704	0.3
23,000	Globalwafers Co. Ltd.		278,837	0.3
53,000	HON HAI Precision Industry Co., Ltd.		134,084	0.1
2,000	Largan Precision Co. Ltd.		256,213	0.3
452,000	Lite-On Technology Corp.		725,377	0.8
53,000	Novatek Microelectronics Corp., Ltd.		362,894	0.4
218,000	Pou Chen Corp.		214,984	0.2
219,000	Powertech Technology, Inc.		709,264	0.8
12,000	President Chain Store Corp.		118,232	0.1
61,000	Realtek Semiconductor Corp.		526,897	0.6
279,000	Synnex Technology International Corp.		413,087	0.4
357,400	Taiwan Business Bank		126,408	0.1
351,627	Taiwan Semiconductor Manufacturing Co., Ltd.		3,418,263	3.6
324,000	Uni-President Enterprises Corp.		786,427	0.8
782,000	United Microelectronics Corp.		403,640	0.4
36,000	Walsin Technology Corp.		224,991	0.2
443,000	Wistron Corp.		422,350	0.4
161,000	Zhen Ding Technology Holding Ltd.		643,447	0.7
		11,321,385		11.9
	Thailand: 1.2%
142,400	Bangkok Dusit Medical Services PCL		100,750	0.1
75,200	Bangkok Dusit Medical Services PCL		53,205	0.1
243,200	Home Product Center PCL		113,682	0.1
159,300	Indorama Ventures PCL		143,245	0.1
1,020,900	Krung Thai Bank PCL		334,769	0.4
41,000	PTT Exploration & Production PCL		108,788	0.1
113,000	PTT PCL (Foreign)		126,452	0.1

Voya Asia Pacific High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of May 31, 2020 (Unaudited) (Continued)

Shares				Value	Percentage of Net Assets
COMMON STOCK: (continued)
		Thailand: (continued)
66,700		PTT Exploration & Production PCL		$   176,980	0.2
			1,157,871		1.2
	Total Common Stock
	(Cost $100,942,554)		89,150,144		94.0
EXCHANGE-TRADED FUNDS: 2.5%
36,500		iShares MSCI All Country Asia ex-Japan Index Fund		2,360,455	2.5
	Total Exchange-Traded Funds
	(Cost $2,413,163)		2,360,455		2.5
PREFERRED STOCK: 3.1%
		South Korea: 3.1%
85,700		Samsung Electronics Co., Ltd.		2,983,756	3.1
	Total Preferred Stock
	(Cost $2,422,636)		2,983,756		3.1
	Total Investments in Securities (Cost $105,778,353)		$  94,494,355		99.6
	Assets in Excess of Other Liabilities		370,699		0.4
	Net Assets		$  94,865,054		100.0

ADR	American Depositary Receipt
(1)	Non-income producing security.
(2)	Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers.

Sector Diversification	Percentage of Net Assets
Financials	21.3%
Information Technology	19.0
Consumer Discretionary	11.5
Communication Services	10.5
Materials	7.1
Industrials	6.1
Real Estate	5.0
Health Care	4.9
Consumer Staples	4.7
Energy	3.6
Utilities	3.4
Exchange-Traded Funds	2.5
Assets in Excess of Other Liabilities	0.4
Net Assets	100.0%

Fair Value Measurements

The following is a summary of the fair valuations according to the inputs used as of May 31, 2020 in valuing the assets and liabilities:

Voya Asia Pacific High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of May 31, 2020 (Unaudited) (Continued)

	Quoted Prices in Active Markets for Identical Investments (Level 1)		Significant Other Observable Inputs# (Level 2)			Significant Unobservable Inputs (Level 3)		Fair Value at May 31, 2020
Asset Table
Investments, at fair value
Common Stock
Australia	$	–	$	14,060,727		$	–	$	14,060,727
China		5,609,399		28,561,967			–		34,171,366
Hong Kong		201,096		5,415,760			–		5,616,856
India		–		7,250,721			–		7,250,721
Indonesia		–		2,226,899			–		2,226,899
Macau		–		584,500			–		584,500
Malaysia		–		1,814,348			–		1,814,348
New Zealand		–		383,033			–		383,033
Philippines		–		244,046			–		244,046
Singapore		–		2,225,145			–		2,225,145
South Korea		–		8,093,247			–		8,093,247
Taiwan		–		11,321,385			–		11,321,385
Thailand		–		1,157,871			–		1,157,871
Total Common Stock		5,810,495		83,339,649			–		89,150,144
Exchange-Traded Funds		2,360,455		–			–		2,360,455
Preferred Stock		–		2,983,756			–		2,983,756
Total Investments, at fair value	$	8,170,950	$	86,323,405		$	–	$	94,494,355
Liabilities Table
Other Financial Instruments+
Written Options	$	–	$	(765,891	)	$	–	$	(765,891	)
Total Liabilities	$	–	$	(765,891	)	$	–	$	(765,891	)

+ 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.

# The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a portion of the Fund's investments are categorized as Level 2 investments.

At May 31, 2020, the following OTC written equity options were outstanding for Voya Asia Pacific High Dividend Equity Income Fund:

Voya Asia Pacific High Dividend Equity Income Fund	PORTFOLIO OF INVESTMENTS
	as of May 31, 2020 (Unaudited) (Continued)

Description	Counterparty	Put/Call	Expiration Date	Exercise Price		Number of Contracts	Notional Amount		Premiums Received		Fair Value
Hang Seng Index	Societe Generale	Call	06/12/20	HKD	23,812.100	2,856	HKD	65,577,958	$	207,947	$	(43,689)
Korea Stock Exchange KOSPI 200 Index	BNP Paribas	Call	06/12/20	KRW	253.790	19,110,288	KRW	5,127,672,476	96,905		(244,675)
S&P/ASX 200 Index	UBS AG	Call	06/12/20	AUD	5,404.800	1,389	AUD	7,994,654	139,661		(350,324)
Taiwan Stock Exchange Weighted Index	BNP Paribas	Call	06/12/20	TWD	10,814.910	15,719	TWD	171,999,813	125,442		(127,203)
									$	569,955	$	(765,891)

Currency Abbreviations
AUD	-	Australian Dollar
HKD	-	Hong Kong Sar Dollar
KRW	-	South Korean Won
TWD	-	Taiwan New Dollar

At May 31, 2020, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments at period end were:

Cost for federal income tax purposes was $105,393,729.
Net unrealized depreciation consisted of:
Gross Unrealized Appreciation	$	6,816,895
Gross Unrealized Depreciation	(18,413,584)
Net Unrealized Depreciation	$	(11,596,689)