PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
1
Voya
Intermediate
Bond
Portfolio
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES
:
27.4%
Basic
Materials
:
0.5%
666,000
Air
Products
and
Chemicals,
Inc.,
4.850%,
02/08/2034
$
659,307
0.0
445,000
(1)
Anglo
American
Capital
PLC,
2.250%,
03/17/2028
396,606
0.0
1,250,000
(1)
Anglo
American
Capital
PLC,
3.625%,
09/11/2024
1,236,981
0.1
717,000
(1)(2)
Anglo
American
Capital
PLC,
5.500%,
05/02/2033
713,680
0.0
542,000
BHP
Billiton
Finance
USA
Ltd.,
4.900%,
02/28/2033
537,674
0.0
871,000
BHP
Billiton
Finance
USA
Ltd.,
5.250%,
09/08/2030
886,200
0.0
1,035,000
BHP
Billiton
Finance
USA
Ltd.,
5.250%,
09/08/2033
1,047,597
0.1
414,000
FMC
Corp.,
5.150%,
05/18/2026
411,707
0.0
929,000
(1)
Glencore
Funding
LLC,
5.371%,
04/04/2029
931,165
0.1
486,000
(1)
Glencore
Funding
LLC,
5.634%,
04/04/2034
487,556
0.0
278,000
(1)
Glencore
Funding
LLC,
5.893%,
04/04/2054
281,901
0.0
894,000
(1)
Newmont
Corp.
/
Newcrest
Finance
Pty
Ltd.,
5.300%,
03/15/2026
896,640
0.1
612,000
Nutrien
Ltd.,
2.950%,
05/13/2030
546,086
0.0
75,000
Nutrien
Ltd.,
5.875%,
12/01/2036
78,053
0.0
74,000
Nutrien
Ltd.,
5.950%,
11/07/2025
74,635
0.0
1,078,000
Steel
Dynamics,
Inc.,
1.650%,
10/15/2027
961,263
0.1
10,147,051
0.5
Communications
:
2.1%
445,000
Amazon.com,
Inc.,
2.100%,
05/12/2031
377,532
0.0
880,000
Amazon.com,
Inc.,
3.150%,
08/22/2027
838,979
0.0
402,000
AT&T,
Inc.,
3.500%,
06/01/2041
313,990
0.0
1,522,000
AT&T,
Inc.,
3.550%,
09/15/2055
1,065,083
0.1
1,673,000
AT&T,
Inc.,
3.650%,
09/15/2059
1,165,731
0.1
1,271,000
AT&T,
Inc.,
4.900%,
08/15/2037
1,206,748
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Communications:
(continued)
718,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital,
2.250%,
01/15/2029
$
611,168
0.0
680,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital,
4.400%,
12/01/2061
444,582
0.0
847,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital,
4.800%,
03/01/2050
627,515
0.0
1,299,000
(2)
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital,
5.250%,
04/01/2053
1,029,902
0.1
1,091,000
(2)
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital,
6.650%,
02/01/2034
1,118,777
0.1
421,000
Cisco
Systems,
Inc.,
4.800%,
02/26/2027
421,813
0.0
843,000
Cisco
Systems,
Inc.,
4.850%,
02/26/2029
849,626
0.0
1,051,000
Cisco
Systems,
Inc.,
4.950%,
02/26/2031
1,060,821
0.1
1,065,000
Cisco
Systems,
Inc.,
5.050%,
02/26/2034
1,079,830
0.1
666,000
Cisco
Systems,
Inc.,
5.300%,
02/26/2054
684,153
0.0
752,000
Cisco
Systems,
Inc.,
5.350%,
02/26/2064
771,332
0.0
715,000
Comcast
Corp.,
1.950%,
01/15/2031
594,307
0.0
957,000
Comcast
Corp.,
2.650%,
02/01/2030
851,502
0.1
341,000
Comcast
Corp.,
3.200%,
07/15/2036
280,336
0.0
361,000
Comcast
Corp.,
3.900%,
03/01/2038
314,809
0.0
2,565,000
Comcast
Corp.,
5.500%,
05/15/2064
2,570,338
0.1
380,000
(1)
Cox
Communications,
Inc.,
5.800%,
12/15/2053
376,950
0.0
79,000
Discovery
Communications
LLC,
5.300%,
05/15/2049
66,438
0.0
572,000
Meta
Platforms,
Inc.,
3.500%,
08/15/2027
550,515
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
2
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Communications:
(continued)
1,912,000
Meta
Platforms,
Inc.,
4.450%,
08/15/2052
$
1,701,167
0.1
249,000
Meta
Platforms,
Inc.,
4.650%,
08/15/2062
223,847
0.0
2,110,000
Meta
Platforms,
Inc.,
5.750%,
05/15/2063
2,263,808
0.1
636,000
Motorola
Solutions,
Inc.,
5.000%,
04/15/2029
633,124
0.0
1,082,000
(1)
NBN
Co.
Ltd.,
1.450%,
05/05/2026
1,001,923
0.1
550,000
(1)
NBN
Co.
Ltd.,
1.625%,
01/08/2027
502,163
0.0
518,000
(1)
NBN
Co.
Ltd.,
2.500%,
01/08/2032
432,567
0.0
1,015,000
(1)
NBN
Co.
Ltd.,
6.000%,
10/06/2033
1,081,274
0.1
1,058,000
Netflix,
Inc.,
5.875%,
11/15/2028
1,100,228
0.1
130,000
Orange
SA,
9.000%,
03/01/2031
157,864
0.0
33,000
Paramount
Global,
4.375%,
03/15/2043
22,423
0.0
316,000
Paramount
Global,
4.950%,
05/19/2050
224,845
0.0
40,000
Paramount
Global,
5.500%,
05/15/2033
35,423
0.0
682,000
Paramount
Global,
5.850%,
09/01/2043
553,162
0.0
906,000
Sprint
Capital
Corp.,
6.875%,
11/15/2028
966,187
0.1
2,364,000
Sprint
Capital
Corp.,
8.750%,
03/15/2032
2,868,140
0.1
940,000
Time
Warner
Cable
LLC,
5.500%,
09/01/2041
783,287
0.0
1,880,000
Time
Warner
Cable
LLC,
5.875%,
11/15/2040
1,630,067
0.1
495,000
T-Mobile
USA,
Inc.,
2.050%,
02/15/2028
443,668
0.0
477,000
T-Mobile
USA,
Inc.,
2.250%,
02/15/2026
451,663
0.0
64,000
T-Mobile
USA,
Inc.,
2.550%,
02/15/2031
54,541
0.0
154,000
T-Mobile
USA,
Inc.,
2.625%,
04/15/2026
146,381
0.0
650,000
T-Mobile
USA,
Inc.,
2.625%,
02/15/2029
582,287
0.0
154,000
T-Mobile
USA,
Inc.,
2.875%,
02/15/2031
133,902
0.0
146,000
T-Mobile
USA,
Inc.,
3.375%,
04/15/2029
135,143
0.0
1,223,000
T-Mobile
USA,
Inc.,
3.500%,
04/15/2031
1,105,576
0.1
186,000
T-Mobile
USA,
Inc.,
3.875%,
04/15/2030
174,296
0.0
800,000
T-Mobile
USA,
Inc.,
4.375%,
04/15/2040
712,910
0.0
687,000
T-Mobile
USA,
Inc.,
4.500%,
04/15/2050
595,919
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Communications:
(continued)
800,000
T-Mobile
USA,
Inc.,
5.750%,
01/15/2054
$
829,012
0.0
536,000
T-Mobile
USA,
Inc.,
6.000%,
06/15/2054
573,339
0.0
476,000
Verizon
Communications,
Inc.,
1.750%,
01/20/2031
386,528
0.0
1,071,000
Verizon
Communications,
Inc.,
2.355%,
03/15/2032
880,534
0.1
472,000
Verizon
Communications,
Inc.,
2.550%,
03/21/2031
403,365
0.0
263,000
Verizon
Communications,
Inc.,
3.400%,
03/22/2041
205,686
0.0
1,281,000
Verizon
Communications,
Inc.,
4.400%,
11/01/2034
1,208,214
0.1
799,000
Verizon
Communications,
Inc.,
4.812%,
03/15/2039
754,829
0.0
457,000
Verizon
Communications,
Inc.,
5.500%,
02/23/2054
462,269
0.0
990,000
Verizon
Communications,
Inc.,
6.550%,
09/15/2043
1,122,905
0.1
46,817,243
2.1
Consumer,
Cyclical
:
1.8%
81,352
American
Airlines
Pass
Through
Trust
2015-2,
AA,
3.600%,
03/22/2029
77,053
0.0
29,585
American
Airlines
Pass
Through
Trust
2016-1,
AA,
3.575%,
07/15/2029
27,748
0.0
1,472,434
American
Airlines
Pass
Through
Trust
2016-2,
AA,
3.200%,
12/15/2029
1,354,662
0.1
63,862
American
Airlines
Pass
Through
Trust
2016-3,
AA,
3.000%,
04/15/2030
58,263
0.0
1,291,581
American
Airlines
Pass
Through
Trust
2017-2,
AA,
3.350%,
04/15/2031
1,184,124
0.1
310,067
American
Airlines
Pass
Through
Trust
2019-1,
AA,
3.150%,
08/15/2033
277,810
0.0
820,000
American
Honda
Finance
Corp.,
4.700%,
01/12/2028
817,070
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
3
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Cyclical:
(continued)
580,000
American
Honda
Finance
Corp.,
5.650%,
11/15/2028
$
597,947
0.0
153,000
American
Honda
Finance
Corp.,
GMTN,
4.900%,
01/10/2034
150,726
0.0
541,000
American
Honda
Finance
Corp.,
GMTN,
5.125%,
07/07/2028
547,393
0.0
1,007,000
American
Honda
Finance
Corp.,
GMTN,
5.850%,
10/04/2030
1,053,976
0.1
386,000
AutoZone,
Inc.,
6.250%,
11/01/2028
405,106
0.0
364,000
Cummins,
Inc.,
4.900%,
02/20/2029
366,305
0.0
557,251
Delta
Air
Lines
Pass
Through
Trust
20-1,
A,
2.500%,
12/10/2029
501,856
0.0
165,741
(1)
Delta
Air
Lines,
Inc.
/
SkyMiles
IP
Ltd.,
4.750%,
10/20/2028
162,159
0.0
2,341,000
Ford
Motor
Credit
Co.
LLC,
4.000%,
11/13/2030
2,091,977
0.1
965,000
(2)
Ford
Motor
Credit
Co.
LLC,
5.800%,
03/08/2029
969,287
0.1
880,000
General
Motors
Co.,
6.125%,
10/01/2025
887,778
0.0
927,000
General
Motors
Financial
Co.,
Inc.,
3.950%,
04/13/2024
926,223
0.0
1,785,000
General
Motors
Financial
Co.,
Inc.,
5.400%,
05/08/2027
1,790,215
0.1
1,053,000
General
Motors
Financial
Co.,
Inc.,
5.750%,
02/08/2031
1,064,784
0.1
509,000
General
Motors
Financial
Co.,
Inc.,
6.100%,
01/07/2034
522,840
0.0
994,000
Home
Depot,
Inc.,
2.700%,
04/15/2030
885,850
0.0
952,000
Home
Depot,
Inc.,
4.900%,
04/15/2029
961,775
0.0
264,000
(1)
Hyundai
Capital
America,
5.400%,
01/08/2031
265,246
0.0
870,000
(1)
Hyundai
Capital
America,
5.680%,
06/26/2028
882,400
0.0
1,368,000
(1)
Hyundai
Capital
America,
6.100%,
09/21/2028
1,410,032
0.1
926,000
(1)
Hyundai
Capital
America,
6.500%,
01/16/2029
971,970
0.1
330,000
Lowe's
Cos.,
Inc.,
4.450%,
04/01/2062
269,891
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Cyclical:
(continued)
374,000
Lowe's
Cos.,
Inc.,
5.750%,
07/01/2053
$
386,319
0.0
83,000
Lowe's
Cos.,
Inc.,
5.800%,
09/15/2062
85,155
0.0
319,000
Lowe's
Cos.,
Inc.,
5.850%,
04/01/2063
329,354
0.0
394,000
Marriott
International,
Inc.,
4.875%,
05/15/2029
390,270
0.0
509,000
Marriott
International,
Inc.,
5.300%,
05/15/2034
503,631
0.0
328,741
(1)
Mileage
Plus
Holdings
LLC
/
Mileage
Plus
Intellectual
Property
Assets
Ltd.,
6.500%,
06/20/2027
330,814
0.0
1,023,000
PACCAR
Financial
Corp.
mtn,
mtn,
5.000%,
03/22/2034
1,028,690
0.1
1,071,000
Toyota
Motor
Credit
Corp.,
5.550%,
11/20/2030
1,108,592
0.1
295,000
Toyota
Motor
Credit
Corp.,
MTN,
1.900%,
01/13/2027
272,445
0.0
1,080,000
Toyota
Motor
Credit
Corp.,
MTN,
4.550%,
09/20/2027
1,069,972
0.1
542,069
United
Airlines
Pass
Through
Trust
20-1,
A,
5.875%,
04/15/2029
540,833
0.0
1,961,749
United
Airlines
Pass
Through
Trust
2016-2,
AA,
2.875%,
04/07/2030
1,780,403
0.1
731,385
US
Airways
Pass
Through
Trust
2012-1,
A,
5.900%,
04/01/2026
730,212
0.0
2,015,000
(1)
Volkswagen
Group
of
America
Finance
LLC,
5.250%,
03/22/2029
2,017,356
0.1
2,170,000
(1)
Volkswagen
Group
of
America
Finance
LLC,
5.300%,
03/22/2027
2,175,194
0.1
604,000
(1)
Volkswagen
Group
of
America
Finance
LLC,
5.900%,
09/12/2033
621,946
0.0
1,654,000
(1)
Volkswagen
Group
of
America
Finance
LLC,
6.450%,
11/16/2030
1,758,154
0.1
906,000
Walmart,
Inc.,
4.000%,
04/15/2030
884,923
0.0
1,787,000
Warnermedia
Holdings,
Inc.,
3.755%,
03/15/2027
1,705,863
0.1
650,000
Warnermedia
Holdings,
Inc.,
5.050%,
03/15/2042
558,982
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
4
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Cyclical:
(continued)
1,330,000
Warnermedia
Holdings,
Inc.,
5.141%,
03/15/2052
$
1,104,758
0.1
408,000
Warnermedia
Holdings,
Inc.,
5.391%,
03/15/2062
338,911
0.0
41,205,243
1.8
Consumer,
Non-cyclical
:
4.6%
1,564,000
AbbVie,
Inc.,
2.600%,
11/21/2024
1,536,129
0.1
236,000
AbbVie,
Inc.,
3.200%,
05/14/2026
227,864
0.0
423,000
AbbVie,
Inc.,
3.200%,
11/21/2029
389,892
0.0
826,000
AbbVie,
Inc.,
4.050%,
11/21/2039
735,939
0.0
275,000
AbbVie,
Inc.,
4.550%,
03/15/2035
265,924
0.0
1,548,000
AbbVie,
Inc.,
4.950%,
03/15/2031
1,559,822
0.1
938,000
AbbVie,
Inc.,
5.050%,
03/15/2034
950,068
0.1
906,000
AbbVie,
Inc.,
5.400%,
03/15/2054
933,276
0.1
911,000
AbbVie,
Inc.,
5.500%,
03/15/2064
937,650
0.1
807,000
Altria
Group,
Inc.,
6.200%,
11/01/2028
841,710
0.0
207,000
Amgen,
Inc.,
2.200%,
02/21/2027
191,743
0.0
50,000
Amgen,
Inc.,
2.300%,
02/25/2031
42,296
0.0
167,000
Amgen,
Inc.,
2.450%,
02/21/2030
146,102
0.0
326,000
Amgen,
Inc.,
3.150%,
02/21/2040
250,661
0.0
137,000
Amgen,
Inc.,
5.250%,
03/02/2030
139,134
0.0
769,000
Amgen,
Inc.,
5.750%,
03/02/2063
784,954
0.0
1,548,000
Astrazeneca
Finance
LLC,
4.900%,
02/26/2031
1,553,887
0.1
33,000
BAT
Capital
Corp.,
3.557%,
08/15/2027
31,260
0.0
815,000
BAT
Capital
Corp.,
3.734%,
09/25/2040
604,671
0.0
208,000
BAT
Capital
Corp.,
4.390%,
08/15/2037
174,950
0.0
383,000
BAT
Capital
Corp.,
5.834%,
02/20/2031
386,501
0.0
1,230,000
BAT
Capital
Corp.,
6.000%,
02/20/2034
1,246,231
0.1
762,000
BAT
Capital
Corp.,
7.079%,
08/02/2043
813,607
0.0
1,061,000
BAT
Capital
Corp.,
7.081%,
08/02/2053
1,144,877
0.1
1,064,000
Becton
Dickinson
&
Co.,
4.693%,
02/13/2028
1,053,591
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Non-cyclical:
(continued)
165,000
Bristol-Myers
Squibb
Co.,
3.200%,
06/15/2026
$
159,119
0.0
40,000
Bristol-Myers
Squibb
Co.,
3.400%,
07/26/2029
37,583
0.0
711,000
Bristol-Myers
Squibb
Co.,
4.125%,
06/15/2039
630,429
0.0
650,000
Bristol-Myers
Squibb
Co.,
5.100%,
02/22/2031
656,589
0.0
662,000
Bristol-Myers
Squibb
Co.,
5.650%,
02/22/2064
681,659
0.0
811,000
Bristol-Myers
Squibb
Co.,
6.400%,
11/15/2063
927,674
0.1
916,000
Campbell
Soup
Co.,
5.200%,
03/21/2029
920,731
0.1
277,000
Cardinal
Health,
Inc.,
5.450%,
02/15/2034
280,158
0.0
748,000
(1)
Cargill,
Inc.,
1.700%,
02/02/2031
608,284
0.0
463,000
(1)
Cargill,
Inc.,
2.125%,
04/23/2030
396,429
0.0
948,000
(1)
Cargill,
Inc.,
2.125%,
11/10/2031
777,270
0.0
1,025,000
Cencora,
Inc.,
5.125%,
02/15/2034
1,023,640
0.1
218,000
Centene
Corp.,
2.450%,
07/15/2028
193,538
0.0
774,000
Centene
Corp.,
2.500%,
03/01/2031
637,298
0.0
535,000
Centene
Corp.,
2.625%,
08/01/2031
439,570
0.0
7,722,000
Centene
Corp.,
3.000%,
10/15/2030
6,627,691
0.3
2,063,000
Cigna
Group,
3.250%,
04/15/2025
2,017,838
0.1
1,976,000
Cigna
Group,
4.800%,
08/15/2038
1,857,399
0.1
946,000
Cigna
Group,
5.250%,
02/15/2034
945,016
0.1
1,266,000
Cigna
Group,
5.600%,
02/15/2054
1,271,632
0.1
870,000
(1)
CSL
Finance
PLC,
5.417%,
04/03/2054
874,542
0.0
895,000
CVS
Health
Corp.,
2.700%,
08/21/2040
622,127
0.0
1,010,000
CVS
Health
Corp.,
3.875%,
07/20/2025
991,347
0.1
1,772,000
CVS
Health
Corp.,
4.125%,
04/01/2040
1,494,163
0.1
1,880,000
CVS
Health
Corp.,
4.780%,
03/25/2038
1,736,999
0.1
661,000
CVS
Health
Corp.,
6.000%,
06/01/2063
682,990
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
5
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Non-cyclical:
(continued)
39,904
CVS
Pass-Through
Trust,
6.943%,
01/10/2030
$
40,888
0.0
1,566,000
(1)
Element
Fleet
Management
Corp.,
5.643%,
03/13/2027
1,571,353
0.1
355,000
Elevance
Health,
Inc.,
4.900%,
02/08/2026
352,819
0.0
631,000
Eli
Lilly
&
Co.,
4.700%,
02/09/2034
627,789
0.0
406,000
Eli
Lilly
&
Co.,
5.000%,
02/09/2054
404,024
0.0
747,000
(1)
ERAC
USA
Finance
LLC,
5.200%,
10/30/2034
745,157
0.0
1,369,000
Global
Payments,
Inc.,
1.200%,
03/01/2026
1,266,859
0.1
462,000
Global
Payments,
Inc.,
4.450%,
06/01/2028
447,333
0.0
876,000
Global
Payments,
Inc.,
5.950%,
08/15/2052
875,116
0.0
324,000
HCA,
Inc.,
2.375%,
07/15/2031
266,590
0.0
413,000
HCA,
Inc.,
3.125%,
03/15/2027
390,702
0.0
123,000
HCA,
Inc.,
3.375%,
03/15/2029
112,872
0.0
307,000
HCA,
Inc.,
3.500%,
09/01/2030
277,737
0.0
630,000
HCA,
Inc.,
4.375%,
03/15/2042
529,046
0.0
1,508,000
HCA,
Inc.,
4.500%,
02/15/2027
1,479,013
0.1
944,000
HCA,
Inc.,
5.125%,
06/15/2039
891,732
0.1
725,000
HCA,
Inc.,
5.250%,
04/15/2025
722,144
0.0
277,000
HCA,
Inc.,
5.250%,
06/15/2049
253,024
0.0
875,000
(2)
HCA,
Inc.,
5.450%,
04/01/2031
879,867
0.1
537,000
HCA,
Inc.,
6.000%,
04/01/2054
545,522
0.0
474,000
HCA,
Inc.,
6.100%,
04/01/2064
478,317
0.0
890,000
Humana,
Inc.,
5.375%,
04/15/2031
890,740
0.1
146,000
Johnson
&
Johnson,
2.100%,
09/01/2040
100,476
0.0
577,000
Johnson
&
Johnson,
3.625%,
03/03/2037
512,389
0.0
152,000
Johnson
&
Johnson,
5.850%,
07/15/2038
168,311
0.0
1,246,000
Kenvue,
Inc.,
4.900%,
03/22/2033
1,245,856
0.1
518,000
Kenvue,
Inc.,
5.050%,
03/22/2028
523,857
0.0
394,000
(2)
Kenvue,
Inc.,
5.100%,
03/22/2043
392,082
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Non-cyclical:
(continued)
955,000
Kenvue,
Inc.,
5.200%,
03/22/2063
$
945,578
0.1
484,000
Keurig
Dr
Pepper,
Inc.,
5.050%,
03/15/2029
485,599
0.0
361,000
(1)
Mars,
Inc.,
2.375%,
07/16/2040
251,936
0.0
1,757,000
(1)
Mars,
Inc.,
3.875%,
04/01/2039
1,522,547
0.1
999,000
Medtronic
Global
Holdings
SCA,
4.500%,
03/30/2033
969,920
0.1
764,000
Mondelez
International,
Inc.,
4.750%,
02/20/2029
759,324
0.0
770,000
(1)(2)
Nestle
Capital
Corp.,
4.875%,
03/12/2034
770,249
0.0
538,000
(1)
Nestle
Capital
Corp.,
5.100%,
03/12/2054
536,014
0.0
357,000
PayPal
Holdings,
Inc.,
2.300%,
06/01/2030
308,136
0.0
46,000
PayPal
Holdings,
Inc.,
2.850%,
10/01/2029
41,622
0.0
1,767,000
PayPal
Holdings,
Inc.,
5.250%,
06/01/2062
1,694,061
0.1
675,000
Pfizer
Investment
Enterprises
Pte
Ltd.,
4.650%,
05/19/2030
668,780
0.0
2,858,000
Pfizer
Investment
Enterprises
Pte
Ltd.,
4.750%,
05/19/2033
2,815,403
0.1
448,000
Pfizer
Investment
Enterprises
Pte
Ltd.,
5.300%,
05/19/2053
445,745
0.0
2,751,000
Pfizer
Investment
Enterprises
Pte
Ltd.,
5.340%,
05/19/2063
2,697,832
0.1
1,050,000
Philip
Morris
International,
Inc.,
4.875%,
02/13/2029
1,044,027
0.1
808,000
Philip
Morris
International,
Inc.,
5.250%,
02/13/2034
801,206
0.0
732,000
Philip
Morris
International,
Inc.,
5.625%,
09/07/2033
749,016
0.0
311,000
Quest
Diagnostics,
Inc.,
2.800%,
06/30/2031
266,653
0.0
277,000
Quest
Diagnostics,
Inc.,
2.950%,
06/30/2030
245,906
0.0
658,000
Quest
Diagnostics,
Inc.,
6.400%,
11/30/2033
711,202
0.0
765,000
Reynolds
American,
Inc.,
5.850%,
08/15/2045
710,327
0.0
1,223,000
(1)
Roche
Holdings,
Inc.,
5.338%,
11/13/2028
1,253,267
0.1
2,247,000
(1)
Roche
Holdings,
Inc.,
5.489%,
11/13/2030
2,332,387
0.1
596,000
(1)
Roche
Holdings,
Inc.,
5.593%,
11/13/2033
625,572
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
6
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Non-cyclical:
(continued)
505,000
Royalty
Pharma
PLC,
1.200%,
09/02/2025
$
475,485
0.0
1,090,000
Royalty
Pharma
PLC,
1.750%,
09/02/2027
973,729
0.1
1,208,000
Royalty
Pharma
PLC,
3.300%,
09/02/2040
900,821
0.1
405,000
S&P
Global,
Inc.,
1.250%,
08/15/2030
327,471
0.0
1,063,000
S&P
Global,
Inc.,
2.700%,
03/01/2029
966,258
0.1
925,000
Smith
&
Nephew
PLC,
5.400%,
03/20/2034
920,783
0.1
904,000
(1)
Solventum
Corp.,
5.450%,
03/13/2031
901,968
0.1
963,000
(1)
Solventum
Corp.,
5.600%,
03/23/2034
966,580
0.1
432,000
(1)
Solventum
Corp.,
5.900%,
04/30/2054
431,289
0.0
1,336,000
Thermo
Fisher
Scientific,
Inc.,
4.977%,
08/10/2030
1,346,295
0.1
1,015,000
Thermo
Fisher
Scientific,
Inc.,
5.000%,
01/31/2029
1,025,058
0.1
780,000
(1)
Triton
Container
International
Ltd.,
2.050%,
04/15/2026
721,087
0.0
618,000
(1)
Triton
Container
International
Ltd.,
3.150%,
06/15/2031
501,031
0.0
790,000
Tyson
Foods,
Inc.,
5.400%,
03/15/2029
797,353
0.0
388,000
Tyson
Foods,
Inc.,
5.700%,
03/15/2034
393,330
0.0
572,000
Unilever
Capital
Corp.,
5.000%,
12/08/2033
578,704
0.0
376,000
UnitedHealth
Group,
Inc.,
2.750%,
05/15/2040
276,922
0.0
356,000
UnitedHealth
Group,
Inc.,
3.050%,
05/15/2041
269,678
0.0
564,000
UnitedHealth
Group,
Inc.,
3.500%,
08/15/2039
465,097
0.0
486,000
UnitedHealth
Group,
Inc.,
3.750%,
10/15/2047
385,876
0.0
775,000
UnitedHealth
Group,
Inc.,
5.000%,
04/15/2034
776,676
0.0
593,000
UnitedHealth
Group,
Inc.,
5.200%,
04/15/2063
577,300
0.0
580,000
UnitedHealth
Group,
Inc.,
5.375%,
04/15/2054
590,329
0.0
620,000
UnitedHealth
Group,
Inc.,
5.500%,
04/15/2064
631,295
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Consumer,
Non-cyclical:
(continued)
385,000
Utah
Acquisition
Sub,
Inc.,
5.250%,
06/15/2046
$
319,741
0.0
520,000
Viatris,
Inc.,
2.700%,
06/22/2030
441,141
0.0
1,079,000
Viatris,
Inc.,
3.850%,
06/22/2040
797,583
0.0
760,000
Zimmer
Biomet
Holdings,
Inc.,
5.350%,
12/01/2028
771,331
0.0
103,608,589
4.6
Energy
:
1.7%
418,000
BP
Capital
Markets
America,
Inc.,
2.939%,
06/04/2051
279,291
0.0
163,000
BP
Capital
Markets
America,
Inc.,
3.937%,
09/21/2028
157,977
0.0
323,000
BP
Capital
Markets
America,
Inc.,
4.893%,
09/11/2033
320,897
0.0
247,000
BP
Capital
Markets
America,
Inc.,
4.989%,
04/10/2034
246,776
0.0
213,000
BP
Capital
Markets
PLC,
3.279%,
09/19/2027
202,790
0.0
688,000
(3)
BP
Capital
Markets
PLC,
4.875%,
12/31/2199
658,516
0.0
284,000
(1)
Cameron
LNG
LLC,
2.902%,
07/15/2031
243,959
0.0
33,000
Cheniere
Corpus
Christi
Holdings
LLC,
3.700%,
11/15/2029
30,712
0.0
338,000
Cheniere
Energy
Partners
L.P.,
4.500%,
10/01/2029
322,022
0.0
1,213,000
Cheniere
Energy
Partners
L.P.,
5.950%,
06/30/2033
1,241,145
0.1
425,000
(1)
Columbia
Pipelines
Holding
Co.
LLC,
6.042%,
08/15/2028
434,517
0.0
533,000
ConocoPhillips
Co.,
5.550%,
03/15/2054
549,730
0.0
1,073,000
ConocoPhillips
Co.,
5.700%,
09/15/2063
1,125,537
0.1
1,299,000
Diamondback
Energy,
Inc.,
4.250%,
03/15/2052
1,052,758
0.1
195,000
Diamondback
Energy,
Inc.,
4.400%,
03/24/2051
161,686
0.0
92,000
(2)
Diamondback
Energy,
Inc.,
6.250%,
03/15/2033
98,126
0.0
921,000
(3)
Enbridge,
Inc.
20-A,
5.750%,
07/15/2080
872,743
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
7
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Energy:
(continued)
547,000
Energy
Transfer
L.P.,
4.250%,
04/01/2024
$
547,000
0.0
145,000
Energy
Transfer
L.P.,
4.900%,
03/15/2035
137,183
0.0
1,527,000
Energy
Transfer
L.P.,
5.300%,
04/01/2044
1,405,142
0.1
794,000
Energy
Transfer
L.P.,
5.350%,
05/15/2045
733,983
0.0
950,000
Energy
Transfer
L.P.,
5.550%,
05/15/2034
953,487
0.1
1,099,000
Energy
Transfer
L.P.,
5.950%,
05/15/2054
1,097,430
0.1
322,000
Energy
Transfer
L.P.,
6.000%,
06/15/2048
320,402
0.0
375,000
Energy
Transfer
L.P.
20Y,
5.800%,
06/15/2038
374,305
0.0
1,302,000
Enterprise
Products
Operating
LLC,
3.750%,
02/15/2025
1,284,554
0.1
1,128,000
(3)
Enterprise
Products
Operating
LLC
D,
8.573%,
(TSFR3M
+
3.248%),
08/16/2077
1,127,813
0.1
826,000
Equinor
ASA,
3.125%,
04/06/2030
758,898
0.0
1,386,000
Hess
Corp.,
4.300%,
04/01/2027
1,359,414
0.1
940,000
Kinder
Morgan
Energy
Partners
L.P.,
4.250%,
09/01/2024
934,072
0.1
678,000
Kinder
Morgan
Energy
Partners
L.P.,
5.000%,
03/01/2043
600,290
0.0
865,000
Kinder
Morgan
Energy
Partners
L.P.,
5.400%,
09/01/2044
805,213
0.0
707,000
Marathon
Petroleum
Corp.,
5.125%,
12/15/2026
707,665
0.0
83,000
MPLX
L.P.,
1.750%,
03/01/2026
77,634
0.0
799,000
MPLX
L.P.,
2.650%,
08/15/2030
687,619
0.0
1,033,000
MPLX
L.P.,
4.000%,
03/15/2028
995,045
0.1
1,206,000
Occidental
Petroleum
Corp.,
6.125%,
01/01/2031
1,250,103
0.1
1,056,000
Occidental
Petroleum
Corp.,
6.200%,
03/15/2040
1,084,293
0.1
343,000
Occidental
Petroleum
Corp.,
6.600%,
03/15/2046
369,885
0.0
127,000
Occidental
Petroleum
Corp.,
8.500%,
07/15/2027
137,949
0.0
854,000
ONEOK
Partners
L.P.,
6.200%,
09/15/2043
882,344
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Energy:
(continued)
720,000
ONEOK,
Inc.,
5.850%,
01/15/2026
$
727,150
0.0
347,000
Ovintiv,
Inc.,
5.650%,
05/15/2028
352,924
0.0
442,000
Ovintiv,
Inc.,
7.100%,
07/15/2053
494,934
0.0
31,000
Plains
All
American
Pipeline
L.P.
/
PAA
Finance
Corp.,
4.300%,
01/31/2043
25,256
0.0
1,672,000
Plains
All
American
Pipeline
L.P.
/
PAA
Finance
Corp.,
4.650%,
10/15/2025
1,650,105
0.1
823,000
Sabine
Pass
Liquefaction
LLC,
4.200%,
03/15/2028
797,211
0.0
852,000
Sabine
Pass
Liquefaction
LLC,
5.000%,
03/15/2027
849,809
0.0
433,000
Schlumberger
Investment
SA,
2.650%,
06/26/2030
383,780
0.0
506,000
Targa
Resources
Corp.,
6.250%,
07/01/2052
525,931
0.0
405,000
Targa
Resources
Corp.,
6.500%,
03/30/2034
435,399
0.0
807,000
Targa
Resources
Partners
L.P.
/
Targa
Resources
Partners
Finance
Corp.,
4.875%,
02/01/2031
773,260
0.0
470,000
Transcontinental
Gas
Pipe
Line
Co.
LLC,
3.250%,
05/15/2030
425,599
0.0
568,000
Western
Midstream
Operating
L.P.,
4.750%,
08/15/2028
552,979
0.0
3,576,000
Williams
Cos.,
Inc.,
4.000%,
09/15/2025
3,509,362
0.2
396,000
Williams
Cos.,
Inc.,
4.900%,
03/15/2029
393,568
0.0
232,000
Williams
Cos.,
Inc.,
5.100%,
09/15/2045
214,817
0.0
38,742,989
1.7
Financial
:
8.9%
600,000
(1)(3)
ABN
AMRO
Bank
NV,
3.324%,
03/13/2037
488,260
0.0
515,000
Alleghany
Corp.,
3.250%,
08/15/2051
365,715
0.0
1,094,000
Alleghany
Corp.,
4.900%,
09/15/2044
1,042,393
0.1
447,000
(3)
American
Express
Co.,
4.990%,
05/01/2026
444,463
0.0
880,000
(3)
American
Express
Co.,
5.098%,
02/16/2028
878,945
0.0
1,772,000
(3)
American
Express
Co.,
5.282%,
07/27/2029
1,783,793
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
8
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
316,000
American
Homes
4
Rent
L.P.,
2.375%,
07/15/2031
$
257,232
0.0
283,000
American
Homes
4
Rent
L.P.,
3.625%,
04/15/2032
248,961
0.0
1,847,000
American
Homes
4
Rent
L.P.,
5.500%,
02/01/2034
1,842,134
0.1
1,081,000
American
International
Group,
Inc.,
3.400%,
06/30/2030
989,591
0.1
1,352,000
American
International
Group,
Inc.,
4.200%,
04/01/2028
1,316,457
0.1
1,559,000
American
International
Group,
Inc.,
5.125%,
03/27/2033
1,551,346
0.1
233,000
American
Tower
Corp.,
2.700%,
04/15/2031
197,373
0.0
168,000
American
Tower
Corp.,
3.600%,
01/15/2028
158,932
0.0
505,000
American
Tower
Corp.,
3.650%,
03/15/2027
484,259
0.0
87,000
American
Tower
Corp.,
4.400%,
02/15/2026
85,535
0.0
519,000
American
Tower
Corp.,
5.250%,
07/15/2028
519,313
0.0
1,115,000
American
Tower
Corp.,
5.550%,
07/15/2033
1,124,151
0.1
679,000
Ameriprise
Financial,
Inc.,
5.700%,
12/15/2028
700,792
0.0
865,000
Aon
North
America,
Inc.,
5.125%,
03/01/2027
870,484
0.0
1,626,000
Aon
North
America,
Inc.,
5.150%,
03/01/2029
1,636,116
0.1
317,000
Aon
North
America,
Inc.,
5.750%,
03/01/2054
325,287
0.0
1,436,000
Arthur
J
Gallagher
&
Co.,
5.450%,
07/15/2034
1,446,183
0.1
462,000
Arthur
J
Gallagher
&
Co.,
5.750%,
03/02/2053
463,983
0.0
453,000
Arthur
J
Gallagher
&
Co.,
5.750%,
07/15/2054
453,978
0.0
154,000
Arthur
J
Gallagher
&
Co.,
6.750%,
02/15/2054
174,964
0.0
2,575,000
(1)
Athene
Global
Funding,
5.684%,
02/23/2026
2,585,881
0.1
975,000
Athene
Holding
Ltd.,
6.250%,
04/01/2054
990,681
0.1
812,000
(1)
Aviation
Capital
Group
LLC,
5.500%,
12/15/2024
809,088
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
1,000,000
(3)
Banco
Bilbao
Vizcaya
Argentaria
SA,
7.883%,
11/15/2034
$
1,094,922
0.1
1,000,000
Banco
Santander
SA,
2.746%,
05/28/2025
966,951
0.1
1,200,000
(3)
Banco
Santander
SA,
5.538%,
03/14/2030
1,200,311
0.1
4,658,000
(3)
Bank
of
America
Corp.,
1.734%,
07/22/2027
4,295,419
0.2
328,000
(3)
Bank
of
America
Corp.,
2.299%,
07/21/2032
268,493
0.0
758,000
(3)
Bank
of
America
Corp.,
2.572%,
10/20/2032
629,110
0.0
998,000
(3)
Bank
of
America
Corp.,
2.687%,
04/22/2032
845,069
0.0
3,609,000
(3)
Bank
of
America
Corp.,
3.419%,
12/20/2028
3,386,729
0.2
447,000
(3)
Bank
of
America
Corp.,
3.705%,
04/24/2028
427,830
0.0
983,000
(3)
Bank
of
America
Corp.,
5.202%,
04/25/2029
984,233
0.1
760,000
(3)
Bank
of
America
Corp.,
5.288%,
04/25/2034
758,000
0.0
1,368,000
(3)
Bank
of
America
Corp.,
5.468%,
01/23/2035
1,377,435
0.1
2,864,000
(3)
Bank
of
America
Corp.,
5.872%,
09/15/2034
2,971,681
0.1
1,884,000
(3)
Bank
of
America
Corp.,
GMTN,
3.593%,
07/21/2028
1,791,303
0.1
212,000
(3)
Bank
of
America
Corp.,
MTN,
2.015%,
02/13/2026
205,421
0.0
1,447,000
(3)
Bank
of
America
Corp.,
MTN,
2.087%,
06/14/2029
1,279,105
0.1
1,071,000
(3)
Bank
of
America
Corp.,
MTN,
2.551%,
02/04/2028
995,792
0.1
487,000
(3)
Bank
of
America
Corp.,
MTN,
2.972%,
02/04/2033
414,305
0.0
1,007,000
(3)
Bank
of
America
Corp.,
MTN,
3.194%,
07/23/2030
914,861
0.0
1,065,000
(3)
Bank
of
America
Corp.,
MTN,
4.271%,
07/23/2029
1,026,952
0.1
453,000
(3)
Bank
of
America
Corp.
N,
1.658%,
03/11/2027
422,125
0.0
508,000
(3)
Bank
of
America
Corp.
N,
2.651%,
03/11/2032
429,473
0.0
766,000
(2)(3)
Bank
of
America
Corp.
RR,
4.375%,
12/31/2199
719,996
0.0
1,270,000
(3)
Bank
of
New
York
Mellon
Corp.,
MTN,
4.975%,
03/14/2030
1,271,612
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
9
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
2,538,000
(3)
Bank
of
New
York
Mellon
Corp.,
MTN,
5.188%,
03/14/2035
$
2,527,289
0.1
312,000
(3)
Bank
of
New
York
Mellon
Corp.,
MTN,
6.474%,
10/25/2034
339,938
0.0
472,000
(3)
Bank
of
Nova
Scotia,
4.588%,
05/04/2037
428,239
0.0
1,396,000
(1)
Banque
Federative
du
Credit
Mutuel
SA,
4.935%,
01/26/2026
1,387,633
0.1
491,000
BlackRock
Funding,
Inc.,
5.000%,
03/14/2034
493,245
0.0
1,005,000
BlackRock
Funding,
Inc.,
5.250%,
03/14/2054
1,010,887
0.1
529,000
(1)
Blackstone
Holdings
Finance
Co.
LLC,
1.625%,
08/05/2028
460,591
0.0
1,478,000
(1)
Blackstone
Holdings
Finance
Co.
LLC,
2.000%,
01/30/2032
1,159,192
0.1
221,000
(1)
Blackstone
Holdings
Finance
Co.
LLC,
2.500%,
01/10/2030
192,116
0.0
440,000
(1)
Blue
Owl
Credit
Income
Corp.,
6.650%,
03/15/2031
429,818
0.0
853,000
Blue
Owl
Credit
Income
Corp.,
7.750%,
09/16/2027
874,397
0.0
776,000
(1)(3)
BNP
Paribas
SA,
5.176%,
01/09/2030
776,401
0.0
959,000
(1)
BPCE
SA,
5.203%,
01/18/2027
961,254
0.1
959,000
(1)(3)
BPCE
SA,
5.716%,
01/18/2030
964,013
0.1
1,175,000
Brookfield
Finance,
Inc.,
3.625%,
02/15/2052
858,432
0.0
570,000
(1)(3)
CaixaBank
SA,
5.673%,
03/15/2030
570,004
0.0
1,120,000
Camden
Property
Trust,
4.900%,
01/15/2034
1,090,285
0.1
958,000
Camden
Property
Trust,
5.850%,
11/03/2026
976,582
0.1
681,000
(3)
Capital
One
Financial
Corp.,
1.878%,
11/02/2027
623,187
0.0
1,001,000
(3)
Charles
Schwab
Corp.,
6.196%,
11/17/2029
1,040,900
0.1
414,000
(3)
Charles
Schwab
Corp.
H,
4.000%,
12/31/2199
349,832
0.0
527,000
CI
Financial
Corp.,
4.100%,
06/15/2051
329,614
0.0
1,227,000
Citizens
Financial
Group,
Inc.,
2.500%,
02/06/2030
1,036,857
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
1,544,000
(3)
Citizens
Financial
Group,
Inc.,
5.641%,
05/21/2037
$
1,442,470
0.1
769,000
CNA
Financial
Corp.,
5.125%,
02/15/2034
748,637
0.0
745,000
(1)
Commonwealth
Bank
of
Australia,
3.743%,
09/12/2039
595,698
0.0
2,654,000
(1)(3)
Cooperatieve
Rabobank
UA,
5.447%,
03/05/2030
2,666,875
0.1
311,000
Corebridge
Financial,
Inc.,
3.850%,
04/05/2029
290,924
0.0
1,762,000
Corebridge
Financial,
Inc.,
3.900%,
04/05/2032
1,586,521
0.1
350,000
Corebridge
Financial,
Inc.,
5.750%,
01/15/2034
357,321
0.0
783,000
(1)
Corebridge
Financial,
Inc.,
6.050%,
09/15/2033
807,334
0.0
1,382,000
(3)
Corebridge
Financial,
Inc.,
6.875%,
12/15/2052
1,385,038
0.1
738,000
Credit
Suisse
AG/
New
York
NY,
1.250%,
08/07/2026
672,537
0.0
1,030,000
Credit
Suisse
AG/
New
York
NY,
5.000%,
07/09/2027
1,020,941
0.1
692,000
Crown
Castle,
Inc.,
2.100%,
04/01/2031
560,428
0.0
212,000
Crown
Castle,
Inc.,
2.500%,
07/15/2031
175,530
0.0
417,000
Crown
Castle,
Inc.,
2.900%,
03/15/2027
390,173
0.0
1,236,000
Crown
Castle,
Inc.,
4.800%,
09/01/2028
1,212,555
0.1
314,000
Crown
Castle,
Inc.,
5.100%,
05/01/2033
306,391
0.0
619,000
Crown
Castle,
Inc.,
5.600%,
06/01/2029
627,488
0.0
534,000
Crown
Castle,
Inc.,
5.800%,
03/01/2034
546,513
0.0
714,000
CubeSmart
L.P.,
2.250%,
12/15/2028
626,934
0.0
892,000
(1)(3)
Danske
Bank
A/S,
5.705%,
03/01/2030
898,049
0.0
813,000
(1)(3)
Depository
Trust
&
Clearing
Corp.
D,
3.375%,
12/31/2199
723,570
0.0
569,000
Extra
Space
Storage
L.P.,
4.000%,
06/15/2029
537,164
0.0
1,863,000
(1)
Federation
des
Caisses
Desjardins
du
Quebec,
5.250%,
04/26/2029
1,859,310
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
10
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
2,126,000
(2)
First
Horizon
Bank,
5.750%,
05/01/2030
$
2,013,394
0.1
1,238,000
(3)
Goldman
Sachs
Bank
USA/New
York
NY,
5.283%,
03/18/2027
1,237,742
0.1
1,032,000
Goldman
Sachs
BDC,
Inc.,
6.375%,
03/11/2027
1,040,203
0.1
476,000
Hartford
Financial
Services
Group,
Inc.,
5.950%,
10/15/2036
501,409
0.0
2,000,000
(1)(3)
Hartford
Financial
Services
Group,
Inc.
ICON,
7.694%,
(TSFR3M
+
2.387%),
02/12/2067
1,781,886
0.1
1,214,000
Healthpeak
OP
LLC,
5.250%,
12/15/2032
1,204,899
0.1
1,070,000
(3)
HSBC
Holdings
PLC,
1.589%,
05/24/2027
984,823
0.1
1,875,000
(3)
HSBC
Holdings
PLC,
2.206%,
08/17/2029
1,643,936
0.1
1,331,000
(3)
HSBC
Holdings
PLC,
2.633%,
11/07/2025
1,305,072
0.1
1,257,000
(3)
HSBC
Holdings
PLC,
2.999%,
03/10/2026
1,224,778
0.1
527,000
(3)
Huntington
Bancshares,
Inc.,
2.487%,
08/15/2036
402,326
0.0
2,495,000
(3)
Huntington
Bancshares,
Inc.,
5.709%,
02/02/2035
2,488,992
0.1
1,075,000
(3)
Huntington
National
Bank,
4.125%,
07/02/2029
1,041,460
0.1
1,337,000
Intercontinental
Exchange,
Inc.,
2.100%,
06/15/2030
1,135,240
0.1
366,000
Invitation
Homes
Operating
Partnership
L.P.,
2.000%,
08/15/2031
291,014
0.0
2,016,000
Invitation
Homes
Operating
Partnership
L.P.,
2.300%,
11/15/2028
1,785,106
0.1
312,000
(2)
Invitation
Homes
Operating
Partnership
L.P.,
4.150%,
04/15/2032
285,724
0.0
707,000
Jones
Lang
LaSalle,
Inc.,
6.875%,
12/01/2028
749,254
0.0
1,267,000
(3)
JPMorgan
Chase
&
Co.,
0.969%,
06/23/2025
1,252,351
0.1
1,670,000
(3)
JPMorgan
Chase
&
Co.,
1.040%,
02/04/2027
1,545,914
0.1
926,000
(3)
JPMorgan
Chase
&
Co.,
1.470%,
09/22/2027
845,135
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
936,000
(3)
JPMorgan
Chase
&
Co.,
1.578%,
04/22/2027
$
867,942
0.0
3,589,000
(3)
JPMorgan
Chase
&
Co.,
2.069%,
06/01/2029
3,184,697
0.1
501,000
(3)
JPMorgan
Chase
&
Co.,
2.182%,
06/01/2028
458,432
0.0
286,000
(3)
JPMorgan
Chase
&
Co.,
2.595%,
02/24/2026
278,673
0.0
2,673,000
(3)
JPMorgan
Chase
&
Co.,
2.947%,
02/24/2028
2,512,337
0.1
752,000
(3)
JPMorgan
Chase
&
Co.,
3.509%,
01/23/2029
711,538
0.0
1,054,000
(3)
JPMorgan
Chase
&
Co.,
4.452%,
12/05/2029
1,027,835
0.1
731,000
(3)
JPMorgan
Chase
&
Co.,
5.012%,
01/23/2030
728,307
0.0
4,695,000
(3)
JPMorgan
Chase
&
Co.,
5.336%,
01/23/2035
4,715,130
0.2
1,916,000
(3)
KeyCorp,
6.401%,
03/06/2035
1,957,809
0.1
509,000
(3)
KeyCorp,
MTN,
4.789%,
06/01/2033
466,377
0.0
408,000
Kite
Realty
Group
L.P.,
4.000%,
10/01/2026
388,656
0.0
745,000
(1)
Liberty
Mutual
Group,
Inc.,
3.950%,
05/15/2060
543,518
0.0
1,365,000
(2)(3)
Lloyds
Banking
Group
PLC,
8.000%,
12/31/2199
1,377,785
0.1
943,000
(1)
Lseg
US
Fin
Corp.,
4.875%,
03/28/2027
939,594
0.0
1,306,000
(1)
Lseg
US
Fin
Corp.,
5.297%,
03/28/2034
1,314,867
0.1
423,000
Marsh
&
McLennan
Cos.,
Inc.,
5.450%,
03/15/2054
424,851
0.0
846,000
Marsh
&
McLennan
Cos.,
Inc.,
5.700%,
09/15/2053
878,973
0.0
1,299,000
(3)
Mizuho
Financial
Group,
Inc.,
5.579%,
05/26/2035
1,313,878
0.1
1,520,000
(3)
Morgan
Stanley,
1.593%,
05/04/2027
1,406,264
0.1
1,009,000
(3)
Morgan
Stanley,
2.188%,
04/28/2026
973,734
0.1
487,000
(3)
Morgan
Stanley,
2.475%,
01/21/2028
453,140
0.0
1,537,000
(3)
Morgan
Stanley,
3.591%,
07/22/2028
1,460,767
0.1
1,333,000
(2)(3)
Morgan
Stanley,
5.466%,
01/18/2035
1,345,421
0.1
3,589,000
(3)
Morgan
Stanley,
5.942%,
02/07/2039
3,569,178
0.2
354,000
(3)
Morgan
Stanley,
6.296%,
10/18/2028
366,368
0.0
2,564,000
(3)
Morgan
Stanley,
GMTN,
1.512%,
07/20/2027
2,353,775
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
11
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
506,000
Morgan
Stanley,
GMTN,
3.875%,
01/27/2026
$
494,460
0.0
583,000
(3)
Morgan
Stanley,
GMTN,
5.860%,
(SOFRRATE
+
0.509%),
01/22/2025
583,423
0.0
604,000
(3)
Morgan
Stanley,
MTN,
2.720%,
07/22/2025
597,941
0.0
2,573,000
Morgan
Stanley,
MTN,
3.125%,
07/27/2026
2,461,673
0.1
1,262,000
(3)
Morgan
Stanley,
MTN,
5.164%,
04/20/2029
1,261,360
0.1
772,000
(3)
Morgan
Stanley,
MTN,
5.250%,
04/21/2034
766,239
0.0
1,355,000
National
Bank
of
Canada,
5.600%,
12/18/2028
1,378,131
0.1
1,005,000
(3)
NatWest
Group
PLC,
5.076%,
01/27/2030
987,929
0.1
1,362,000
(3)
NatWest
Group
PLC,
5.778%,
03/01/2035
1,381,707
0.1
264,000
(1)
New
York
Life
Insurance
Co.,
3.750%,
05/15/2050
203,275
0.0
181,000
(1)
New
York
Life
Insurance
Co.,
4.450%,
05/15/2069
147,699
0.0
728,000
(3)
Northern
Trust
Corp.,
3.375%,
05/08/2032
678,923
0.0
268,000
(1)
Northwestern
Mutual
Life
Insurance
Co.,
3.450%,
03/30/2051
192,106
0.0
96,000
(1)
Northwestern
Mutual
Life
Insurance
Co.,
3.625%,
09/30/2059
67,673
0.0
1,970,000
Old
Republic
International
Corp.,
5.750%,
03/28/2034
1,980,352
0.1
277,000
Piedmont
Operating
Partnership
L.P.,
2.750%,
04/01/2032
199,662
0.0
463,000
(3)
PNC
Financial
Services
Group,
Inc.,
5.676%,
01/22/2035
467,426
0.0
400,000
(3)
PNC
Financial
Services
Group,
Inc.
T,
3.400%,
12/31/2199
350,616
0.0
1,755,000
(3)
PNC
Financial
Services
Group,
Inc.
W,
6.250%,
12/31/2199
1,705,285
0.1
510,000
Prologis
L.P.,
5.250%,
03/15/2054
501,238
0.0
583,000
(1)
Prologis
Targeted
US
Logistics
Fund
L.P.,
5.250%,
04/01/2029
581,738
0.0
435,000
(1)
Prologis
Targeted
US
Logistics
Fund
L.P.,
5.500%,
04/01/2034
437,910
0.0
381,000
Realty
Income
Corp.,
3.950%,
08/15/2027
369,451
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
972,000
Realty
Income
Corp.,
5.125%,
02/15/2034
$
954,167
0.0
3,232,000
Rexford
Industrial
Realty
L.P.,
2.150%,
09/01/2031
2,593,383
0.1
420,000
Sabra
Health
Care
L.P.,
3.200%,
12/01/2031
349,106
0.0
640,000
(3)
Santander
UK
Group
Holdings
PLC,
2.469%,
01/11/2028
588,388
0.0
890,000
(3)
State
Street
Corp.,
5.684%,
11/21/2029
914,343
0.0
2,827,000
(3)
State
Street
Corp.,
6.123%,
11/21/2034
2,948,604
0.1
669,000
Sun
Communities
Operating
L.P.,
5.500%,
01/15/2029
667,783
0.0
2,200,000
(1)(3)
Swiss
RE
Subordinated
Finance
PLC,
5.698%,
04/05/2035
2,198,782
0.1
531,000
(1)
Swiss
Re
Treasury
US
Corp.,
4.250%,
12/06/2042
448,542
0.0
372,000
(1)
Teachers
Insurance
&
Annuity
Association
of
America,
3.300%,
05/15/2050
261,123
0.0
546,000
(1)
Teachers
Insurance
&
Annuity
Association
of
America,
4.900%,
09/15/2044
501,225
0.0
422,000
TPG
Operating
Group
II
L.P.,
5.875%,
03/05/2034
428,192
0.0
179,000
Transatlantic
Holdings,
Inc.,
8.000%,
11/30/2039
229,374
0.0
836,000
(3)
Truist
Financial
Corp.,
6.241%,
(TSFR3M
+
0.912%),
03/15/2028
788,934
0.0
438,000
(3)
Truist
Financial
Corp.,
MTN,
1.267%,
03/02/2027
405,024
0.0
1,235,000
(3)
Truist
Financial
Corp.,
MTN,
4.916%,
07/28/2033
1,151,010
0.1
1,450,000
(3)
Truist
Financial
Corp.,
MTN,
5.435%,
01/24/2030
1,448,715
0.1
1,711,000
(3)
Truist
Financial
Corp.,
MTN,
5.711%,
01/24/2035
1,719,187
0.1
2,772,000
UBS
AG,
5.125%,
05/15/2024
2,766,467
0.1
750,000
(1)(3)
UBS
Group
AG,
1.364%,
01/30/2027
694,338
0.0
528,000
(1)(3)
UBS
Group
AG,
6.301%,
09/22/2034
553,000
0.0
253,000
(1)(3)
UBS
Group
AG,
9.250%,
12/31/2199
286,152
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
12
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Financial:
(continued)
769,000
(1)(3)
UBS
Group
AG,
9.250%,
12/31/2199
$
835,115
0.0
741,000
(3)
US
Bancorp,
5.384%,
01/23/2030
744,465
0.0
884,000
(3)
US
Bancorp,
MTN,
4.967%,
07/22/2033
836,141
0.0
848,000
(3)
Wells
Fargo
&
Co.,
5.389%,
04/24/2034
843,018
0.0
712,000
(3)
Wells
Fargo
&
Co.,
5.499%,
01/23/2035
713,944
0.0
347,000
(3)
Wells
Fargo
&
Co.,
MTN,
2.164%,
02/11/2026
336,690
0.0
385,000
(3)
Wells
Fargo
&
Co.,
MTN,
3.526%,
03/24/2028
366,555
0.0
411,000
(3)
Wells
Fargo
&
Co.,
MTN,
4.540%,
08/15/2026
405,864
0.0
1,103,000
(1)(2)
Westpac
New
Zealand
Ltd.,
5.132%,
02/26/2027
1,103,465
0.1
407,000
Weyerhaeuser
Co.,
4.750%,
05/15/2026
403,387
0.0
511,000
Willis
North
America,
Inc.,
5.900%,
03/05/2054
517,724
0.0
200,411,453
8.9
Industrial
:
2.3%
755,000
AGCO
Corp.,
5.450%,
03/21/2027
758,703
0.0
515,000
AGCO
Corp.,
5.800%,
03/21/2034
521,667
0.0
557,000
Avnet,
Inc.,
5.500%,
06/01/2032
539,317
0.0
648,000
Avnet,
Inc.,
6.250%,
03/15/2028
664,247
0.0
1,305,000
(1)
BAE
Systems
PLC,
5.125%,
03/26/2029
1,310,463
0.1
385,000
(1)
BAE
Systems
PLC,
5.250%,
03/26/2031
387,213
0.0
545,000
(1)
BAE
Systems
PLC,
5.500%,
03/26/2054
550,942
0.0
1,385,000
(2)
Berry
Global,
Inc.,
1.650%,
01/15/2027
1,258,182
0.1
199,000
Boeing
Co.,
3.850%,
11/01/2048
140,756
0.0
267,000
Boeing
Co.,
5.705%,
05/01/2040
255,753
0.0
736,000
Boeing
Co.,
5.930%,
05/01/2060
690,723
0.0
1,409,000
Burlington
Northern
Santa
Fe
LLC,
3.900%,
08/01/2046
1,155,211
0.1
547,000
Burlington
Northern
Santa
Fe
LLC,
5.200%,
04/15/2054
542,640
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Industrial:
(continued)
546,000
Canadian
Pacific
Railway
Co.,
2.875%,
11/15/2029
$
490,016
0.0
210,000
Carrier
Global
Corp.,
2.722%,
02/15/2030
185,785
0.0
336,000
Carrier
Global
Corp.,
5.900%,
03/15/2034
353,289
0.0
433,000
(1)
CIMIC
Finance
USA
Pty
Ltd.,
7.000%,
03/25/2034
444,821
0.0
1,285,000
CNH
Industrial
Capital
LLC,
5.100%,
04/20/2029
1,281,931
0.1
1,323,000
CNH
Industrial
Capital
LLC,
5.500%,
01/12/2029
1,342,840
0.1
369,000
FedEx
Corp.,
4.550%,
04/01/2046
318,528
0.0
607,000
Fortune
Brands
Innovations,
Inc.,
5.875%,
06/01/2033
619,555
0.0
1,383,000
HEICO
Corp.,
5.250%,
08/01/2028
1,392,039
0.1
1,621,000
Honeywell
International,
Inc.,
5.250%,
03/01/2054
1,637,144
0.1
469,000
Ingersoll
Rand,
Inc.,
5.400%,
08/14/2028
475,544
0.0
229,000
(2)
Ingersoll
Rand,
Inc.,
5.700%,
08/14/2033
235,014
0.0
588,000
John
Deere
Capital
Corp.,
4.500%,
01/16/2029
582,494
0.0
2,185,000
John
Deere
Capital
Corp.,
MTN,
4.700%,
06/10/2030
2,174,769
0.1
719,000
(2)
John
Deere
Capital
Corp.,
MTN,
4.750%,
01/20/2028
720,854
0.0
1,550,000
John
Deere
Capital
Corp.,
MTN,
4.900%,
03/07/2031
1,551,199
0.1
636,000
L3Harris
Technologies,
Inc.,
5.050%,
06/01/2029
634,210
0.0
988,000
Lockheed
Martin
Corp.,
4.150%,
06/15/2053
834,720
0.0
452,000
Lockheed
Martin
Corp.,
4.750%,
02/15/2034
446,268
0.0
713,000
Lockheed
Martin
Corp.,
4.800%,
08/15/2034
705,475
0.0
763,000
Lockheed
Martin
Corp.,
5.200%,
02/15/2064
755,077
0.0
273,000
Lockheed
Martin
Corp.,
5.900%,
11/15/2063
299,448
0.0
540,000
Mohawk
Industries,
Inc.,
5.850%,
09/18/2028
556,210
0.0
339,000
Norfolk
Southern
Corp.,
2.550%,
11/01/2029
299,949
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
13
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Industrial:
(continued)
559,000
Norfolk
Southern
Corp.,
5.050%,
08/01/2030
$
560,981
0.0
443,000
Norfolk
Southern
Corp.,
5.550%,
03/15/2034
461,077
0.0
1,513,000
Norfolk
Southern
Corp.,
5.950%,
03/15/2064
1,617,126
0.1
1,217,000
(1)
Penske
Truck
Leasing
Co.
L.P.
/
PTL
Finance
Corp.,
1.200%,
11/15/2025
1,136,055
0.1
1,562,000
(1)
Penske
Truck
Leasing
Co.
L.P.
/
PTL
Finance
Corp.,
1.700%,
06/15/2026
1,441,151
0.1
1,596,000
(1)
Penske
Truck
Leasing
Co.
L.P.
/
PTL
Finance
Corp.,
5.350%,
03/30/2029
1,597,791
0.1
1,900,000
(1)
Penske
Truck
Leasing
Co.
L.P.
/
PTL
Finance
Corp.,
6.200%,
06/15/2030
1,976,800
0.1
1,571,000
Raytheon
Technologies
Corp.,
4.450%,
11/16/2038
1,420,386
0.1
2,177,000
Raytheon
Technologies
Corp.,
4.500%,
06/01/2042
1,943,891
0.1
15,000
Raytheon
Technologies
Corp.,
4.800%,
12/15/2043
13,684
0.0
658,000
Ryder
System,
Inc.,
6.300%,
12/01/2028
689,266
0.0
823,000
Ryder
System,
Inc.,
6.600%,
12/01/2033
893,075
0.1
1,008,000
Ryder
System,
Inc.,
MTN,
5.250%,
06/01/2028
1,013,128
0.1
1,006,000
(1)
Sealed
Air
Corp.,
1.573%,
10/15/2026
909,058
0.1
961,000
(1)
Smurfit
Kappa
Treasury
ULC,
5.200%,
01/15/2030
959,100
0.1
845,000
(1)
Smurfit
Kappa
Treasury
ULC,
5.438%,
04/03/2034
846,619
0.0
1,200,000
(1)
Smurfit
Kappa
Treasury
ULC,
5.777%,
04/03/2054
1,213,795
0.1
2,250,000
(1)
TTX
Co.,
3.600%,
01/15/2025
2,216,739
0.1
296,000
Union
Pacific
Corp.,
4.050%,
11/15/2045
243,932
0.0
260,000
Waste
Management,
Inc.,
2.000%,
06/01/2029
228,351
0.0
487,000
Waste
Management,
Inc.,
4.625%,
02/15/2030
484,959
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Industrial:
(continued)
334,000
Waste
Management,
Inc.,
4.875%,
02/15/2029
$
337,334
0.0
989,000
Waste
Management,
Inc.,
4.875%,
02/15/2034
982,642
0.1
50,299,936
2.3
Technology
:
1.7%
168,000
Apple,
Inc.,
4.650%,
02/23/2046
161,710
0.0
123,000
(1)
Booz
Allen
Hamilton,
Inc.,
3.875%,
09/01/2028
115,351
0.0
606,000
(1)(2)
Booz
Allen
Hamilton,
Inc.,
4.000%,
07/01/2029
563,908
0.0
1,629,000
(1)
Broadcom,
Inc.,
2.450%,
02/15/2031
1,373,982
0.1
2,092,000
(1)
Broadcom,
Inc.,
3.187%,
11/15/2036
1,665,746
0.1
3,542,000
(1)
Broadcom,
Inc.,
4.926%,
05/15/2037
3,363,373
0.2
609,000
Concentrix
Corp.,
6.600%,
08/02/2028
616,320
0.0
1,154,000
Concentrix
Corp.,
6.850%,
08/02/2033
1,147,783
0.1
910,000
(1)
Constellation
Software,
Inc./Canada,
5.158%,
02/16/2029
909,711
0.0
621,000
Dell
International
LLC
/
EMC
Corp.,
5.400%,
04/15/2034
622,693
0.0
372,000
Dell
International
LLC
/
EMC
Corp.,
6.020%,
06/15/2026
376,937
0.0
934,000
Fiserv,
Inc.,
5.150%,
03/15/2027
937,743
0.1
707,000
HP,
Inc.,
2.650%,
06/17/2031
599,769
0.0
1,233,000
IBM
International
Capital
Pte
Ltd.,
4.750%,
02/05/2031
1,210,893
0.1
1,260,000
IBM
International
Capital
Pte
Ltd.,
5.250%,
02/05/2044
1,230,270
0.1
785,000
IBM
International
Capital
Pte
Ltd.,
5.300%,
02/05/2054
767,108
0.0
443,000
Intel
Corp.,
2.800%,
08/12/2041
320,584
0.0
105,000
Intel
Corp.,
3.700%,
07/29/2025
102,946
0.0
39,000
(2)
Intel
Corp.,
5.200%,
02/10/2033
39,558
0.0
1,066,000
Intel
Corp.,
5.600%,
02/21/2054
1,086,932
0.1
504,000
Intel
Corp.,
5.700%,
02/10/2053
521,368
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
14
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Technology:
(continued)
1,136,000
International
Business
Machines
Corp.,
3.500%,
05/15/2029
$
1,070,316
0.1
1,825,000
Intuit,
Inc.,
5.125%,
09/15/2028
1,858,142
0.1
1,528,000
Intuit,
Inc.,
5.200%,
09/15/2033
1,556,964
0.1
1,986,000
Intuit,
Inc.,
5.500%,
09/15/2053
2,063,112
0.1
498,000
KLA
Corp.,
4.700%,
02/01/2034
490,497
0.0
748,000
KLA
Corp.,
5.250%,
07/15/2062
741,983
0.0
645,000
(2)
Marvell
Technology,
Inc.,
5.750%,
02/15/2029
660,680
0.0
586,000
NXP
BV
/
NXP
Funding
LLC
/
NXP
USA,
Inc.,
3.250%,
05/11/2041
435,826
0.0
134,000
NXP
BV
/
NXP
Funding
LLC
/
NXP
USA,
Inc.,
3.400%,
05/01/2030
121,668
0.0
233,000
NXP
BV
/
NXP
Funding
LLC
/
NXP
USA,
Inc.,
5.000%,
01/15/2033
228,106
0.0
2,129,000
Oracle
Corp.,
2.300%,
03/25/2028
1,923,205
0.1
185,000
Oracle
Corp.,
2.800%,
04/01/2027
173,561
0.0
159,000
Oracle
Corp.,
2.950%,
05/15/2025
154,875
0.0
380,000
Oracle
Corp.,
3.250%,
11/15/2027
357,792
0.0
851,000
Oracle
Corp.,
3.600%,
04/01/2050
615,314
0.0
938,000
Oracle
Corp.,
3.650%,
03/25/2041
736,973
0.0
1,186,000
Oracle
Corp.,
3.800%,
11/15/2037
995,098
0.1
139,000
Oracle
Corp.,
3.850%,
07/15/2036
118,579
0.0
913,000
Oracle
Corp.,
3.850%,
04/01/2060
650,329
0.0
845,000
Oracle
Corp.,
3.950%,
03/25/2051
644,313
0.0
202,000
Oracle
Corp.,
4.300%,
07/08/2034
186,398
0.0
340,000
Oracle
Corp.,
6.900%,
11/09/2052
391,585
0.0
1,407,000
QUALCOMM,
Inc.,
6.000%,
05/20/2053
1,574,643
0.1
308,000
Texas
Instruments,
Inc.,
3.875%,
03/15/2039
275,856
0.0
1,378,000
Texas
Instruments,
Inc.,
5.050%,
05/18/2063
1,343,129
0.1
37,103,629
1.7
Utilities
:
3.8%
1,126,000
(1)
AEP
Texas,
Inc.,
3.850%,
10/01/2025
1,090,796
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Utilities:
(continued)
680,000
AEP
Transmission
Co.
LLC,
5.150%,
04/01/2034
$
677,991
0.0
1,004,000
AES
Corp.,
1.375%,
01/15/2026
930,155
0.1
1,138,000
AES
Corp.,
2.450%,
01/15/2031
931,901
0.1
828,000
(1)
AES
Corp.,
3.950%,
07/15/2030
755,322
0.0
895,000
AES
Corp.,
5.450%,
06/01/2028
893,648
0.1
128,000
Alabama
Power
Co.,
3.750%,
03/01/2045
101,568
0.0
498,000
Alabama
Power
Co.,
5.850%,
11/15/2033
524,753
0.0
131,000
Alabama
Power
Co.
A,
4.300%,
07/15/2048
111,555
0.0
665,000
(3)
Algonquin
Power
&
Utilities
Corp.,
5.365%,
06/15/2026
661,598
0.0
95,000
(1)
Alliant
Energy
Finance
LLC,
3.600%,
03/01/2032
83,766
0.0
1,043,000
Ameren
Corp.,
5.000%,
01/15/2029
1,037,910
0.1
472,000
(1)
American
Transmission
Systems,
Inc.,
2.650%,
01/15/2032
391,816
0.0
1,294,000
(1)
American
Transmission
Systems,
Inc.,
5.000%,
09/01/2044
1,173,680
0.1
627,000
American
Water
Capital
Corp.,
5.150%,
03/01/2034
629,514
0.0
1,598,000
American
Water
Capital
Corp.,
5.450%,
03/01/2054
1,613,160
0.1
241,000
Appalachian
Power
Co.
Y,
4.500%,
03/01/2049
195,442
0.0
156,000
Avangrid,
Inc.,
3.150%,
12/01/2024
153,363
0.0
304,000
Avangrid,
Inc.,
3.200%,
04/15/2025
296,278
0.0
783,000
Avangrid,
Inc.,
3.800%,
06/01/2029
734,691
0.0
548,000
Black
Hills
Corp.,
3.050%,
10/15/2029
491,769
0.0
505,000
(3)
CMS
Energy
Corp.,
3.750%,
12/01/2050
414,396
0.0
1,281,000
(3)
CMS
Energy
Corp.,
4.750%,
06/01/2050
1,181,330
0.1
147,000
Commonwealth
Edison
Co.,
5.900%,
03/15/2036
156,512
0.0
670,000
Consolidated
Edison
Co.
of
New
York,
Inc.,
4.625%,
12/01/2054
586,907
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
15
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Utilities:
(continued)
376,000
Consolidated
Edison
Co.
of
New
York,
Inc.
05-A,
5.300%,
03/01/2035
$
378,771
0.0
176,000
(3)
Dominion
Energy,
Inc.
C,
4.350%,
12/31/2199
165,645
0.0
2,099,000
DTE
Energy
Co.,
5.100%,
03/01/2029
2,091,493
0.1
381,000
Duke
Energy
Carolinas
LLC,
2.550%,
04/15/2031
329,336
0.0
124,000
Duke
Energy
Carolinas
LLC,
3.750%,
06/01/2045
96,805
0.0
1,118,000
Duke
Energy
Carolinas
LLC,
3.875%,
03/15/2046
888,441
0.0
885,000
Duke
Energy
Carolinas
LLC,
4.000%,
09/30/2042
737,569
0.0
67,000
Duke
Energy
Carolinas
LLC,
4.250%,
12/15/2041
57,773
0.0
949,000
Duke
Energy
Carolinas
LLC,
5.350%,
01/15/2053
937,016
0.1
130,000
Duke
Energy
Carolinas
LLC,
6.450%,
10/15/2032
141,863
0.0
48,000
Duke
Energy
Corp.,
3.150%,
08/15/2027
45,216
0.0
360,000
(3)
Duke
Energy
Corp.,
4.875%,
12/31/2199
357,761
0.0
875,000
Duke
Energy
Florida
LLC,
2.400%,
12/15/2031
734,575
0.0
400,000
Duke
Energy
Florida
LLC,
5.875%,
11/15/2033
422,896
0.0
217,000
Duke
Energy
Ohio,
Inc.,
3.700%,
06/15/2046
167,390
0.0
114,000
Duke
Energy
Ohio,
Inc.,
4.300%,
02/01/2049
95,164
0.0
450,000
Duke
Energy
Progress
LLC,
3.700%,
10/15/2046
347,685
0.0
187,000
Duke
Energy
Progress
LLC,
4.100%,
05/15/2042
158,159
0.0
175,000
Duke
Energy
Progress
LLC,
4.100%,
03/15/2043
145,992
0.0
1,173,000
Duke
Energy
Progress
LLC,
4.200%,
08/15/2045
980,427
0.1
456,000
(1)
Duquesne
Light
Holdings,
Inc.,
2.532%,
10/01/2030
378,383
0.0
694,000
Entergy
Arkansas
LLC,
2.650%,
06/15/2051
423,014
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Utilities:
(continued)
418,000
Entergy
Arkansas
LLC,
4.200%,
04/01/2049
$
347,144
0.0
1,528,000
Entergy
Corp.,
0.900%,
09/15/2025
1,432,892
0.1
700,000
Entergy
Corp.,
2.400%,
06/15/2031
581,884
0.0
392,000
Entergy
Corp.,
2.800%,
06/15/2030
342,870
0.0
272,000
Entergy
Louisiana
LLC,
5.350%,
03/15/2034
273,139
0.0
885,000
Entergy
Mississippi
LLC,
5.000%,
09/01/2033
869,915
0.0
504,000
Essential
Utilities,
Inc.,
5.375%,
01/15/2034
501,682
0.0
1,022,000
Evergy
Kansas
Central,
Inc.,
3.250%,
09/01/2049
706,169
0.0
357,000
Evergy
Kansas
Central,
Inc.,
5.900%,
11/15/2033
374,689
0.0
1,241,000
Eversource
Energy,
2.900%,
03/01/2027
1,167,120
0.1
374,000
Eversource
Energy,
5.125%,
05/15/2033
366,645
0.0
749,000
Eversource
Energy,
5.450%,
03/01/2028
758,618
0.0
625,000
Eversource
Energy,
5.500%,
01/01/2034
625,492
0.0
816,000
Eversource
Energy,
5.950%,
02/01/2029
842,383
0.0
1,282,000
Eversource
Energy
U,
1.400%,
08/15/2026
1,169,309
0.1
336,000
Exelon
Corp.,
4.950%,
06/15/2035
318,106
0.0
1,202,000
Exelon
Corp.,
5.150%,
03/15/2028
1,205,553
0.1
1,043,000
Exelon
Corp.,
5.150%,
03/15/2029
1,045,800
0.1
12,000
Florida
Power
&
Light
Co.,
2.875%,
12/04/2051
7,902
0.0
575,000
Florida
Power
&
Light
Co.,
4.625%,
05/15/2030
571,599
0.0
115,000
Florida
Power
&
Light
Co.,
5.400%,
09/01/2035
117,615
0.0
70,000
Florida
Power
&
Light
Co.,
5.650%,
02/01/2037
73,246
0.0
491,000
Georgia
Power
Co.,
4.650%,
05/16/2028
486,373
0.0
1,415,000
Georgia
Power
Co.
A,
2.200%,
09/15/2024
1,392,618
0.1
114,000
Iberdrola
International
BV,
5.810%,
03/15/2025
114,115
0.0
83,000
Indiana
Michigan
Power
Co.,
3.850%,
05/15/2028
79,707
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
16
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Utilities:
(continued)
260,000
Indiana
Michigan
Power
Co.,
5.625%,
04/01/2053
$
262,837
0.0
104,000
Indiana
Michigan
Power
Co.,
6.050%,
03/15/2037
109,095
0.0
2,384,000
Interstate
Power
and
Light
Co.,
3.250%,
12/01/2024
2,347,896
0.1
220,000
IPALCO
Enterprises,
Inc.,
4.250%,
05/01/2030
204,985
0.0
272,000
(1)
Jersey
Central
Power
&
Light
Co.,
2.750%,
03/01/2032
226,685
0.0
2,634,000
(1)
Jersey
Central
Power
&
Light
Co.,
4.300%,
01/15/2026
2,575,526
0.1
359,000
Kentucky
Utilities
Co.
KENT,
5.450%,
04/15/2033
366,928
0.0
1,517,000
(1)
Liberty
Utilities
Co.,
5.869%,
01/31/2034
1,533,524
0.1
359,000
Louisville
Gas
and
Electric
Co.
LOU,
5.450%,
04/15/2033
367,084
0.0
623,000
(1)
Metropolitan
Edison
Co.,
4.000%,
04/15/2025
607,321
0.0
52,000
MidAmerican
Energy
Co.,
4.800%,
09/15/2043
48,973
0.0
301,000
Mississippi
Power
Co.,
4.750%,
10/15/2041
261,878
0.0
2,647,000
Mississippi
Power
Co.
12-A,
4.250%,
03/15/2042
2,257,156
0.1
942,000
(1)
Monongahela
Power
Co.,
3.550%,
05/15/2027
896,636
0.1
938,000
(1)
Monongahela
Power
Co.,
5.850%,
02/15/2034
964,017
0.1
177,000
(1)
Narragansett
Electric
Co.,
3.395%,
04/09/2030
161,700
0.0
1,264,000
National
Grid
PLC,
5.418%,
01/11/2034
1,255,638
0.1
1,401,000
National
Rural
Utilities
Cooperative
Finance
Corp.,
2.400%,
03/15/2030
1,215,968
0.1
704,000
National
Rural
Utilities
Cooperative
Finance
Corp.,
2.750%,
04/15/2032
598,895
0.0
119,000
National
Rural
Utilities
Cooperative
Finance
Corp.,
3.400%,
02/07/2028
112,930
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Utilities:
(continued)
150,000
National
Rural
Utilities
Cooperative
Finance
Corp.,
4.023%,
11/01/2032
$
138,767
0.0
259,000
National
Rural
Utilities
Cooperative
Finance
Corp.,
4.150%,
12/15/2032
240,599
0.0
334,000
(3)
National
Rural
Utilities
Cooperative
Finance
Corp.,
5.250%,
04/20/2046
326,934
0.0
598,000
National
Rural
Utilities
Cooperative
Finance
Corp.,
5.800%,
01/15/2033
622,554
0.0
1,062,000
(3)
National
Rural
Utilities
Cooperative
Finance
Corp.,
8.489%,
(TSFR3M
+
3.172%),
04/30/2043
1,061,859
0.1
607,000
National
Rural
Utilities
Cooperative
Finance
Corp.,
GMTN,
5.000%,
02/07/2031
603,304
0.0
352,000
Nevada
Power
Co.,
6.000%,
03/15/2054
371,845
0.0
362,000
(1)
New
York
State
Electric
&
Gas
Corp.,
3.250%,
12/01/2026
340,501
0.0
1,110,000
NextEra
Energy
Capital
Holdings,
Inc.,
1.875%,
01/15/2027
1,016,709
0.1
1,142,000
(3)
NextEra
Energy
Capital
Holdings,
Inc.,
3.800%,
03/15/2082
1,041,768
0.1
906,000
NextEra
Energy
Capital
Holdings,
Inc.,
4.255%,
09/01/2024
900,063
0.1
175,000
NextEra
Energy
Capital
Holdings,
Inc.,
4.450%,
06/20/2025
172,929
0.0
1,109,000
NextEra
Energy
Capital
Holdings,
Inc.,
6.051%,
03/01/2025
1,113,569
0.1
631,000
(3)
NextEra
Energy
Capital
Holdings,
Inc.,
6.700%,
09/01/2054
634,638
0.0
983,000
(1)
Niagara
Mohawk
Power
Corp.,
1.960%,
06/27/2030
812,178
0.0
966,000
(1)
Niagara
Mohawk
Power
Corp.,
5.664%,
01/17/2054
961,915
0.1
494,000
NSTAR
Electric
Co.,
1.950%,
08/15/2031
399,859
0.0
117,000
Pacific
Gas
and
Electric
Co.,
3.250%,
06/01/2031
101,643
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
17
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Utilities:
(continued)
761,000
Pacific
Gas
and
Electric
Co.,
4.300%,
03/15/2045
$
602,265
0.0
673,000
Pacific
Gas
and
Electric
Co.,
4.450%,
04/15/2042
552,262
0.0
381,000
PacifiCorp,
4.100%,
02/01/2042
305,571
0.0
453,000
(1)
Pennsylvania
Electric
Co.,
5.150%,
03/30/2026
449,581
0.0
179,000
Public
Service
Co.
of
Oklahoma
K,
3.150%,
08/15/2051
120,072
0.0
49,000
Public
Service
Electric
and
Gas
Co.,
MTN,
3.000%,
05/15/2027
46,343
0.0
627,000
Public
Service
Electric
and
Gas
Co.,
MTN,
5.200%,
03/01/2034
634,671
0.0
1,389,000
Public
Service
Enterprise
Group,
Inc.,
2.450%,
11/15/2031
1,149,476
0.1
1,995,000
Public
Service
Enterprise
Group,
Inc.,
5.200%,
04/01/2029
1,997,512
0.1
861,000
Public
Service
Enterprise
Group,
Inc.,
5.850%,
11/15/2027
882,212
0.0
902,000
San
Diego
Gas
&
Electric
Co.,
4.950%,
08/15/2028
905,820
0.1
1,785,000
South
Jersey
Industries,
Inc.,
5.020%,
04/15/2031
1,413,945
0.1
733,000
Southern
Co.,
5.113%,
08/01/2027
733,685
0.0
1,392,000
(3)
Southern
Co.
21-A,
3.750%,
09/15/2051
1,303,094
0.1
358,000
Southwestern
Electric
Power
Co.,
5.300%,
04/01/2033
353,920
0.0
1,410,000
Southwestern
Electric
Power
Co.
N,
1.650%,
03/15/2026
1,315,805
0.1
545,000
Tampa
Electric
Co.,
4.350%,
05/15/2044
463,640
0.0
398,000
Virginia
Electric
and
Power
Co.
A,
3.800%,
04/01/2028
382,284
0.0
1,582,000
WEC
Energy
Group,
Inc.,
1.375%,
10/15/2027
1,394,689
0.1
372,000
WEC
Energy
Group,
Inc.,
2.200%,
12/15/2028
329,092
0.0
237,000
WEC
Energy
Group,
Inc.,
5.000%,
09/27/2025
235,743
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES:
(continued)
Utilities:
(continued)
324,000
WEC
Energy
Group,
Inc.,
5.150%,
10/01/2027
$
324,706
0.0
810,000
Wisconsin
Electric
Power
Co.,
1.700%,
06/15/2028
718,021
0.0
646,000
Wisconsin
Power
and
Light
Co.,
5.375%,
03/30/2034
650,563
0.0
86,176,058
3.8
Total
Corporate
Bonds/
Notes
(Cost
$625,661,355)
614,512,191
27.4
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS
:
21.2%
Federal
Home
Loan
Mortgage
Corporation
:
2.2%
(4)
207,638
2.500
%,
05/01/2030
194,825
0.0
410,802
2.500
%,
05/01/2030
384,503
0.0
526,534
2.500
%,
06/01/2030
495,888
0.0
1,711,950
3.000
%,
03/01/2045
1,522,571
0.1
2,254,014
3.000
%,
03/01/2045
2,012,626
0.1
1,860,913
3.000
%,
04/01/2045
1,655,832
0.1
1,948,810
3.000
%,
04/01/2045
1,737,273
0.1
3,398,052
3.000
%,
10/01/2046
2,996,237
0.2
4,354,225
3.000
%,
10/01/2046
3,852,873
0.2
4,866,520
3.000
%,
03/01/2048
4,291,277
0.2
666,442
3.500
%,
08/01/2042
612,707
0.0
1,865,935
3.500
%,
03/01/2045
1,709,720
0.1
229,985
3.500
%,
04/01/2045
210,832
0.0
790,728
3.500
%,
05/01/2045
724,264
0.1
344,223
3.500
%,
06/01/2045
315,246
0.0
460,085
3.500
%,
07/01/2045
421,929
0.0
525,873
3.500
%,
07/01/2045
481,883
0.0
257,109
3.500
%,
08/01/2045
235,523
0.0
384,400
3.500
%,
08/01/2045
352,079
0.0
452,408
3.500
%,
08/01/2045
414,292
0.0
484,059
3.500
%,
08/01/2045
444,214
0.0
780,791
3.500
%,
08/01/2045
715,345
0.0
519,160
3.500
%,
09/01/2045
475,523
0.0
715,059
3.500
%,
09/01/2045
654,751
0.0
991,858
3.500
%,
11/01/2045
908,649
0.1
3,317,191
3.500
%,
12/01/2046
3,029,659
0.2
8,662,028
3.500
%,
03/01/2048
7,933,603
0.4
480,816
4.000
%,
10/01/2041
453,762
0.0
533,985
4.000
%,
12/01/2041
503,944
0.0
135,568
4.000
%,
07/01/2045
128,615
0.0
77,250
4.000
%,
09/01/2045
72,881
0.0
662,382
4.000
%,
09/01/2045
627,012
0.0
1,116,015
4.000
%,
09/01/2045
1,058,778
0.1
1,346,750
4.000
%,
09/01/2045
1,277,678
0.1
598,819
4.000
%,
05/01/2047
569,767
0.0
176,959
4.000
%,
11/01/2047
166,209
0.0
175,917
4.000
%,
03/01/2048
166,692
0.0
747,405
4.000
%,
06/01/2048
715,675
0.1
3,296
4.500
%,
06/01/2039
3,238
0.0
9,668
4.500
%,
09/01/2040
9,486
0.0
33,597
4.500
%,
03/01/2041
33,004
0.0
152,469
4.500
%,
08/01/2041
149,774
0.0
265,251
4.500
%,
08/01/2041
260,565
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
18
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Federal
Home
Loan
Mortgage
Corporation
(continued)
104,259
4.500
%,
09/01/2041
$
102,417
0.0
125,360
4.500
%,
09/01/2041
123,145
0.0
254,935
4.500
%,
09/01/2041
250,431
0.0
677,633
4.500
%,
09/01/2041
665,656
0.0
9,519
5.000
%,
05/01/2028
9,467
0.0
52,403
5.000
%,
05/01/2035
52,765
0.0
145,899
5.000
%,
01/01/2041
145,726
0.0
82,125
5.000
%,
04/01/2041
81,364
0.0
1,507
(3)
5.250
%,
(H15T1Y
+
2.250%),
04/01/2032
1,512
0.0
209,967
(3)
5.494
%,
(RFUCCT1Y
+
1.732%),
06/01/2035
215,210
0.0
5,368
5.500
%,
03/01/2034
5,489
0.0
795
5.500
%,
05/01/2036
807
0.0
38,275
5.500
%,
06/01/2036
39,133
0.0
4,382
5.500
%,
12/01/2036
4,480
0.0
20,257
5.500
%,
03/01/2037
20,188
0.0
5,489
5.500
%,
04/01/2037
5,612
0.0
32,911
5.500
%,
05/01/2037
33,650
0.0
57,284
5.500
%,
07/01/2037
58,572
0.0
6,906
5.500
%,
09/01/2037
7,061
0.0
5,947
5.500
%,
10/01/2037
6,080
0.0
20,194
5.500
%,
11/01/2037
20,648
0.0
17,850
5.500
%,
12/01/2037
18,205
0.0
63,397
5.500
%,
12/01/2037
64,819
0.0
3,939
5.500
%,
01/01/2038
4,027
0.0
4,264
5.500
%,
01/01/2038
4,360
0.0
42,615
5.500
%,
02/01/2038
43,572
0.0
58,438
5.500
%,
02/01/2038
59,752
0.0
41,593
5.500
%,
03/01/2038
42,526
0.0
51,385
5.500
%,
04/01/2038
52,538
0.0
4,359
5.500
%,
05/01/2038
4,457
0.0
44,609
5.500
%,
05/01/2038
45,611
0.0
32,885
5.500
%,
06/01/2038
33,453
0.0
111,343
5.500
%,
06/01/2038
113,845
0.0
102,011
5.500
%,
07/01/2038
104,300
0.0
4,642
5.500
%,
08/01/2038
4,722
0.0
21,199
5.500
%,
08/01/2038
21,674
0.0
23,530
5.500
%,
09/01/2038
24,058
0.0
20,567
5.500
%,
10/01/2038
21,028
0.0
23,096
5.500
%,
10/01/2038
23,614
0.0
2,221
5.500
%,
11/01/2038
2,271
0.0
79,073
5.500
%,
11/01/2038
80,851
0.0
4,163
5.500
%,
12/01/2038
4,257
0.0
8,216
5.500
%,
12/01/2038
8,401
0.0
18,000
5.500
%,
01/01/2039
18,404
0.0
40,018
5.500
%,
03/01/2039
40,916
0.0
15,317
5.500
%,
07/01/2039
15,661
0.0
10,006
5.500
%,
12/01/2039
10,231
0.0
68,720
5.500
%,
03/01/2040
70,262
0.0
22,430
5.500
%,
08/01/2040
22,934
0.0
34,552
5.500
%,
08/01/2040
35,329
0.0
44,080
5.500
%,
08/01/2040
45,070
0.0
29,068
(3)
5.585
%,
(RFUCCT1Y
+
1.345%),
09/01/2035
29,443
0.0
129,946
6.000
%,
09/01/2027
131,292
0.0
3,338
6.000
%,
02/01/2029
3,403
0.0
4,048
6.000
%,
05/01/2035
4,181
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Federal
Home
Loan
Mortgage
Corporation
(continued)
181,413
6.000
%,
03/01/2037
$
188,247
0.0
1,561
6.000
%,
05/01/2037
1,620
0.0
21,887
6.000
%,
07/01/2037
22,711
0.0
5,630
6.000
%,
08/01/2037
5,841
0.0
25,041
6.000
%,
08/01/2037
25,984
0.0
131,508
6.000
%,
09/01/2037
136,463
0.0
364
6.000
%,
10/01/2037
378
0.0
5,592
6.000
%,
11/01/2037
5,802
0.0
1,736
6.000
%,
12/01/2037
1,778
0.0
5,026
6.000
%,
12/01/2037
5,202
0.0
140,662
6.000
%,
01/01/2038
145,964
0.0
840
6.000
%,
04/01/2038
871
0.0
5,295
6.000
%,
06/01/2038
5,443
0.0
305
6.000
%,
07/01/2038
312
0.0
10,365
6.000
%,
08/01/2038
10,620
0.0
36,248
6.000
%,
11/01/2038
37,516
0.0
11,338
6.000
%,
05/01/2039
11,643
0.0
6,671
6.000
%,
08/01/2039
6,871
0.0
1,581
6.000
%,
09/01/2039
1,612
0.0
3,611
(3)
6.338
%,
(H15T1Y
+
2.250%),
11/01/2031
3,574
0.0
398,329
6.500
%,
09/01/2034
408,212
0.0
32,735
(3)
6.509
%,
(H15T1Y
+
2.436%),
01/01/2029
32,499
0.0
49,099,247
2.2
Federal
National
Mortgage
Association
:
0.0%
(4)
1,131
(3)
4.552
%,
(ECOFC
+
1.257%),
05/01/2036
1,110
0.0
6,254
(3)
4.585
%,
(H15T1Y
+
2.210%),
04/01/2032
6,202
0.0
6,906
(3)
5.116
%,
(ECOFC
+
1.927%),
12/01/2036
6,831
0.0
221,762
(3)
5.555
%,
(H15T1Y
+
1.805%),
08/01/2035
220,629
0.0
47,150
(3)
5.660
%,
(RFUCCT1Y
+
1.553%),
04/01/2035
46,968
0.0
21,345
(3)
5.691
%,
(RFUCCT6M
+
1.373%),
09/01/2035
21,146
0.0
10,273
(3)
5.718
%,
(RFUCCT1Y
+
1.471%),
08/01/2035
10,187
0.0
119,659
(3)
5.908
%,
(RFUCCT1Y
+
1.658%),
10/01/2035
119,542
0.0
39,876
(3)
5.999
%,
(RFUCCT1Y
+
1.642%),
02/01/2034
39,762
0.0
105,307
(3)
6.060
%,
(RFUCCT1Y
+
1.810%),
09/01/2034
106,227
0.0
972
(3)
6.109
%,
(H15T1Y
+
2.215%),
09/01/2031
966
0.0
17,469
(3)
6.175
%,
(RFUCCT1Y
+
1.675%),
02/01/2035
17,434
0.0
20,645
(3)
6.281
%,
(12MTA
+
1.200%),
08/01/2042
20,509
0.0
30,351
(3)
6.281
%,
(12MTA
+
1.200%),
08/01/2042
30,138
0.0
9,819
(3)
6.281
%,
(12MTA
+
1.200%),
10/01/2044
9,806
0.0
17,265
(3)
6.281
%,
(12MTA
+
1.200%),
10/01/2044
17,045
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
19
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Federal
National
Mortgage
Association
(continued)
55,451
(3)
6.300
%,
(H15T1Y
+
2.175%),
10/01/2035
$
55,116
0.0
20,113
(3)
6.973
%,
(RFUCCT1M
+
1.473%),
02/01/2033
20,208
0.0
749,826
0.0
Government
National
Mortgage
Association
:
4.7%
1,132,059
2.500
%,
05/20/2051
965,742
0.1
3,915,442
2.500
%,
08/20/2051
3,339,160
0.2
3,189,673
2.500
%,
09/20/2051
2,719,872
0.1
1,646,143
2.500
%,
11/20/2051
1,403,512
0.1
3,340,654
2.500
%,
12/20/2051
2,847,215
0.1
5,364,574
2.500
%,
03/20/2052
4,570,735
0.2
14,999,547
2.500
%,
04/20/2052
12,779,934
0.6
22,933,468
2.500
%,
05/20/2052
19,540,978
0.9
12,321,858
3.000
%,
04/20/2045
11,085,607
0.5
885,403
3.000
%,
11/20/2051
781,108
0.0
966,386
3.000
%,
03/20/2052
849,511
0.0
13,265,000
(5)
3.000
%,
04/20/2054
11,699,837
0.5
1,834,519
3.500
%,
07/20/2046
1,647,055
0.1
260,541
3.500
%,
07/20/2047
240,617
0.0
4,223,411
3.500
%,
12/20/2047
3,882,406
0.2
2,374,079
3.500
%,
01/20/2048
2,187,332
0.1
5,182,543
3.500
%,
05/20/2050
4,763,499
0.2
332,549
4.000
%,
11/20/2040
319,892
0.0
613,310
4.000
%,
03/20/2046
583,137
0.0
5,309,807
4.000
%,
03/20/2053
4,969,559
0.2
13,391,500
(5)
4.000
%,
04/20/2054
12,532,373
0.6
531,296
4.500
%,
08/20/2041
523,740
0.0
241,087
4.500
%,
01/20/2047
237,730
0.0
1,617
5.000
%,
11/15/2035
1,620
0.0
3,486
5.000
%,
11/15/2035
3,467
0.0
4,153
5.000
%,
11/15/2035
4,184
0.0
11,717
5.000
%,
11/15/2035
11,656
0.0
12,977
5.000
%,
06/15/2037
12,931
0.0
27,039
5.000
%,
03/15/2038
26,907
0.0
62,859
5.000
%,
03/15/2038
63,573
0.0
2,273
5.000
%,
06/15/2038
2,256
0.0
801
5.000
%,
09/15/2038
805
0.0
7,939
5.000
%,
11/15/2038
8,019
0.0
27,200
5.000
%,
11/15/2038
27,509
0.0
7,015
5.000
%,
12/15/2038
7,095
0.0
39,970
5.000
%,
12/15/2038
40,399
0.0
575,343
5.000
%,
12/15/2038
581,884
0.0
38,603
5.000
%,
01/15/2039
39,042
0.0
67,192
5.000
%,
01/15/2039
67,501
0.0
417,645
5.000
%,
01/15/2039
420,695
0.0
17,143
5.000
%,
02/15/2039
17,295
0.0
38,825
5.000
%,
02/15/2039
39,266
0.0
58,759
5.000
%,
02/15/2039
59,332
0.0
1,440
5.000
%,
03/15/2039
1,455
0.0
45,496
5.000
%,
03/15/2039
45,951
0.0
47,394
5.000
%,
03/15/2039
47,868
0.0
76,804
5.000
%,
03/15/2039
77,573
0.0
46,857
5.000
%,
04/15/2039
47,390
0.0
366
5.000
%,
05/15/2039
365
0.0
28,682
5.000
%,
05/15/2039
28,970
0.0
63,203
5.000
%,
05/15/2039
63,835
0.0
41,652
5.000
%,
07/15/2039
42,121
0.0
29,256
5.000
%,
09/15/2039
29,390
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Government
National
Mortgage
Association
(continued)
7,946
5.000
%,
11/15/2039
$
7,888
0.0
1,073
5.000
%,
04/15/2040
1,076
0.0
6,944
5.000
%,
06/15/2040
7,001
0.0
15,126
5.000
%,
09/15/2040
15,297
0.0
29,407
5.000
%,
10/15/2040
29,723
0.0
44,347
5.000
%,
05/15/2042
44,325
0.0
173,372
5.000
%,
02/20/2043
174,915
0.0
106,571,130
4.7
Uniform
Mortgage-Backed
Securities
:
14.3%
3,680,305
2.000
%,
10/01/2050
2,933,735
0.1
6,437,626
2.000
%,
12/01/2050
5,134,136
0.2
931,866
2.000
%,
11/01/2051
749,560
0.0
2,572,932
2.000
%,
11/01/2051
2,071,401
0.1
5,838,346
2.000
%,
11/01/2051
4,633,016
0.2
4,663,183
2.000
%,
12/01/2051
3,700,072
0.2
6,008,167
2.000
%,
12/01/2051
4,801,277
0.2
1,738,225
2.000
%,
02/01/2052
1,397,009
0.1
3,247,972
2.000
%,
02/01/2052
2,614,416
0.1
29,850,694
2.000
%,
02/01/2052
23,770,146
1.1
7,566,933
2.000
%,
03/01/2052
5,997,587
0.3
762,179
2.500
%,
05/01/2030
717,684
0.0
1,117,683
2.500
%,
06/01/2030
1,053,030
0.1
1,488,350
2.500
%,
06/01/2030
1,400,711
0.1
634,409
2.500
%,
07/01/2030
597,050
0.0
5,508,882
2.500
%,
07/01/2050
4,599,496
0.2
17,138,347
2.500
%,
11/01/2050
14,477,291
0.7
7,427,203
2.500
%,
02/01/2051
6,157,031
0.3
9,390,015
2.500
%,
03/01/2051
7,818,960
0.4
4,391,830
2.500
%,
04/01/2051
3,654,390
0.2
8,889,815
2.500
%,
11/01/2051
7,410,451
0.3
3,386,075
2.500
%,
12/01/2051
2,839,560
0.1
4,281,911
2.500
%,
12/01/2051
3,604,932
0.2
4,606,237
2.500
%,
01/01/2052
3,866,156
0.2
2,438,066
2.500
%,
02/01/2052
2,059,529
0.1
3,829,415
2.500
%,
02/01/2052
3,192,809
0.2
4,026,022
2.500
%,
02/01/2052
3,389,442
0.2
4,407,913
2.500
%,
02/01/2052
3,654,691
0.2
4,412,153
2.500
%,
02/01/2052
3,678,692
0.2
5,774,550
2.500
%,
02/01/2052
4,824,165
0.2
1,610,732
3.000
%,
08/01/2030
1,539,070
0.1
806,419
3.000
%,
09/01/2030
768,657
0.1
714,316
3.000
%,
08/01/2043
638,083
0.0
1,218,304
3.000
%,
09/01/2043
1,088,410
0.1
4,455,826
3.000
%,
04/01/2045
3,967,356
0.2
2,765,025
3.000
%,
08/01/2046
2,441,995
0.1
263,977
3.000
%,
09/01/2046
232,492
0.0
5,613,396
3.000
%,
11/01/2046
4,943,877
0.2
3,716,359
3.000
%,
01/01/2047
3,257,973
0.2
2,287,315
3.000
%,
02/01/2052
1,991,776
0.1
4,030,515
3.000
%,
02/01/2052
3,525,416
0.2
5,284,396
3.000
%,
04/01/2052
4,599,435
0.2
3,568,560
3.000
%,
05/01/2052
3,106,054
0.2
9,084,119
3.000
%,
05/01/2052
7,873,484
0.4
5,417,325
3.000
%,
10/01/2052
4,665,319
0.2
394,609
3.500
%,
12/01/2041
363,685
0.0
70,836
3.500
%,
08/01/2042
65,220
0.0
363,337
3.500
%,
08/01/2042
333,528
0.0
280,077
3.500
%,
10/01/2042
257,574
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
20
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
474,313
3.500
%,
10/01/2042
$
436,304
0.0
204,759
3.500
%,
03/01/2043
188,458
0.0
1,755,710
3.500
%,
01/01/2046
1,605,997
0.1
2,826,154
3.500
%,
02/01/2046
2,587,256
0.1
2,032,953
3.500
%,
08/01/2046
1,859,783
0.1
11,980,542
3.500
%,
08/01/2046
10,967,097
0.5
1,883,329
3.500
%,
09/01/2047
1,717,987
0.1
5,521,204
3.500
%,
07/01/2048
5,050,852
0.2
2,119,735
3.500
%,
02/01/2052
1,923,428
0.1
1,432
4.000
%,
05/01/2029
1,397
0.0
13,295
4.000
%,
11/01/2030
12,939
0.0
7,375
4.000
%,
02/01/2031
7,170
0.0
4,253
4.000
%,
10/01/2031
4,126
0.0
3,274,245
4.000
%,
12/01/2039
3,108,835
0.2
175,911
4.000
%,
07/01/2042
166,738
0.0
387,534
4.000
%,
07/01/2042
367,339
0.0
1,569,920
4.000
%,
07/01/2042
1,488,073
0.1
136,334
4.000
%,
08/01/2042
129,528
0.0
1,168,856
4.000
%,
08/01/2043
1,108,007
0.1
1,981,356
4.000
%,
09/01/2043
1,891,080
0.1
66,756
4.000
%,
10/01/2043
63,276
0.0
139,770
4.000
%,
10/01/2043
132,484
0.0
3,533,769
4.000
%,
01/01/2045
3,384,193
0.2
354,547
4.000
%,
06/01/2045
335,948
0.0
684,113
4.000
%,
07/01/2045
652,924
0.0
1,454,694
4.000
%,
07/01/2045
1,388,418
0.1
2,720,742
4.000
%,
02/01/2046
2,578,014
0.1
531,103
4.000
%,
06/01/2047
504,532
0.0
87,314
4.000
%,
03/01/2048
82,083
0.0
296,760
4.000
%,
03/01/2048
280,392
0.0
4,649,087
4.000
%,
06/01/2048
4,367,601
0.2
2,534,973
4.000
%,
09/01/2048
2,402,956
0.1
4,582,864
4.000
%,
05/01/2051
4,316,825
0.2
4,489,459
4.000
%,
05/01/2052
4,174,841
0.2
4,591,051
4.000
%,
08/01/2052
4,259,986
0.2
10,559,077
4.000
%,
11/01/2052
9,913,176
0.5
5,556
4.500
%,
10/01/2025
5,486
0.0
59,205
4.500
%,
07/01/2026
58,666
0.0
179,845
4.500
%,
04/01/2029
177,033
0.0
2,826
4.500
%,
06/01/2029
2,784
0.0
34,171
4.500
%,
06/01/2029
33,643
0.0
35,281
4.500
%,
07/01/2029
34,752
0.0
847
4.500
%,
10/01/2029
834
0.0
5,503
4.500
%,
06/01/2030
5,399
0.0
172,379
4.500
%,
10/01/2030
170,050
0.0
40,362
4.500
%,
02/01/2031
39,593
0.0
28,625
4.500
%,
05/01/2031
28,195
0.0
22,502
4.500
%,
10/01/2033
22,010
0.0
11,494
4.500
%,
01/01/2034
11,235
0.0
2,247
4.500
%,
07/01/2034
2,197
0.0
3,007
4.500
%,
09/01/2035
2,917
0.0
16,823
4.500
%,
09/01/2035
16,443
0.0
21,229
4.500
%,
11/01/2035
20,752
0.0
113,880
4.500
%,
02/01/2036
109,769
0.0
40,953
4.500
%,
01/01/2037
40,029
0.0
22,213
4.500
%,
09/01/2037
21,726
0.0
1,461
4.500
%,
02/01/2038
1,434
0.0
13,536
4.500
%,
01/01/2039
13,280
0.0
19,781
4.500
%,
02/01/2039
19,408
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
9,412
4.500
%,
04/01/2039
$
9,228
0.0
24,494
4.500
%,
04/01/2039
24,024
0.0
44,963
4.500
%,
04/01/2039
43,712
0.0
303
4.500
%,
05/01/2039
298
0.0
2,654
4.500
%,
05/01/2039
2,604
0.0
8,685
4.500
%,
05/01/2039
8,521
0.0
43,012
4.500
%,
05/01/2039
42,199
0.0
46,055
4.500
%,
05/01/2039
45,185
0.0
54,114
4.500
%,
05/01/2039
53,093
0.0
584,834
4.500
%,
05/01/2039
573,791
0.0
4,179
4.500
%,
06/01/2039
4,100
0.0
73,585
4.500
%,
06/01/2039
72,195
0.0
9,918
4.500
%,
07/01/2039
9,731
0.0
15,874
4.500
%,
07/01/2039
15,516
0.0
32,256
4.500
%,
07/01/2039
31,637
0.0
35,137
4.500
%,
08/01/2039
34,474
0.0
37,842
4.500
%,
08/01/2039
36,876
0.0
68,925
4.500
%,
08/01/2039
67,624
0.0
122,501
4.500
%,
08/01/2039
120,188
0.0
130,723
4.500
%,
09/01/2039
127,513
0.0
105,800
4.500
%,
10/01/2039
103,801
0.0
6,397
4.500
%,
11/01/2039
6,276
0.0
54,789
4.500
%,
11/01/2039
53,754
0.0
3,337
4.500
%,
12/01/2039
3,274
0.0
6,321
4.500
%,
12/01/2039
6,202
0.0
3,209
4.500
%,
01/01/2040
3,148
0.0
230,613
4.500
%,
01/01/2040
225,826
0.0
55,200
4.500
%,
02/01/2040
54,157
0.0
105,712
4.500
%,
02/01/2040
103,715
0.0
33,326
4.500
%,
04/01/2040
32,697
0.0
340,918
4.500
%,
04/01/2040
334,475
0.0
32,471
4.500
%,
05/01/2040
31,864
0.0
161,334
4.500
%,
05/01/2040
158,040
0.0
2,322
4.500
%,
06/01/2040
2,278
0.0
23,190
4.500
%,
06/01/2040
22,752
0.0
39,043
4.500
%,
06/01/2040
38,305
0.0
70,704
4.500
%,
06/01/2040
69,369
0.0
171,634
4.500
%,
06/01/2040
168,393
0.0
11,728
4.500
%,
07/01/2040
11,506
0.0
50,782
4.500
%,
07/01/2040
49,823
0.0
77,452
4.500
%,
07/01/2040
75,988
0.0
1,344
4.500
%,
08/01/2040
1,318
0.0
2,932
4.500
%,
08/01/2040
2,876
0.0
16,574
4.500
%,
08/01/2040
16,261
0.0
25,377
4.500
%,
08/01/2040
24,898
0.0
44,138
4.500
%,
08/01/2040
43,304
0.0
45,625
4.500
%,
08/01/2040
44,763
0.0
51,781
4.500
%,
08/01/2040
50,214
0.0
8,601
4.500
%,
09/01/2040
8,439
0.0
10,713
4.500
%,
09/01/2040
10,510
0.0
11,986
4.500
%,
09/01/2040
11,657
0.0
17,405
4.500
%,
09/01/2040
17,076
0.0
18,192
4.500
%,
09/01/2040
17,848
0.0
71,820
4.500
%,
09/01/2040
70,463
0.0
135,967
4.500
%,
09/01/2040
133,399
0.0
16,978
4.500
%,
10/01/2040
16,657
0.0
19,128
4.500
%,
10/01/2040
18,767
0.0
53,481
4.500
%,
10/01/2040
52,167
0.0
91,996
4.500
%,
10/01/2040
90,258
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
21
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
104,447
4.500
%,
10/01/2040
$
102,474
0.0
27,865
4.500
%,
11/01/2040
27,338
0.0
32,623
4.500
%,
11/01/2040
32,006
0.0
232,300
4.500
%,
11/01/2040
227,911
0.0
267,504
4.500
%,
11/01/2040
259,412
0.0
654,254
4.500
%,
11/01/2040
641,894
0.0
1,940
4.500
%,
12/01/2040
1,904
0.0
11,378
4.500
%,
12/01/2040
11,098
0.0
14,833
4.500
%,
12/01/2040
14,553
0.0
16,131
4.500
%,
12/01/2040
15,826
0.0
22,280
4.500
%,
12/01/2040
21,859
0.0
27,851
4.500
%,
12/01/2040
27,324
0.0
66,572
4.500
%,
12/01/2040
65,315
0.0
67,845
4.500
%,
12/01/2040
66,563
0.0
134,506
4.500
%,
12/01/2040
131,964
0.0
11,624
4.500
%,
01/01/2041
11,404
0.0
26,253
4.500
%,
01/01/2041
25,757
0.0
79,938
4.500
%,
01/01/2041
77,747
0.0
144,243
4.500
%,
01/01/2041
141,517
0.0
321,686
4.500
%,
01/01/2041
315,609
0.0
14,434
4.500
%,
02/01/2041
14,161
0.0
36,437
4.500
%,
02/01/2041
35,748
0.0
48,239
4.500
%,
02/01/2041
47,328
0.0
51,709
4.500
%,
02/01/2041
50,732
0.0
53,932
4.500
%,
02/01/2041
52,300
0.0
2,750
4.500
%,
03/01/2041
2,698
0.0
10,766
4.500
%,
03/01/2041
10,449
0.0
13,415
4.500
%,
03/01/2041
13,162
0.0
17,163
4.500
%,
03/01/2041
16,838
0.0
24,853
4.500
%,
03/01/2041
24,384
0.0
33,181
4.500
%,
03/01/2041
32,554
0.0
51,983
4.500
%,
03/01/2041
51,002
0.0
68,123
4.500
%,
03/01/2041
66,837
0.0
113,124
4.500
%,
03/01/2041
110,021
0.0
3,317
4.500
%,
04/01/2041
3,254
0.0
15,025
4.500
%,
04/01/2041
14,565
0.0
25,341
4.500
%,
04/01/2041
24,862
0.0
69,245
4.500
%,
04/01/2041
67,356
0.0
140,946
4.500
%,
04/01/2041
138,283
0.0
259,521
4.500
%,
04/01/2041
254,618
0.0
2,328
4.500
%,
05/01/2041
2,284
0.0
4,863
4.500
%,
05/01/2041
4,771
0.0
10,721
4.500
%,
05/01/2041
10,518
0.0
12,915
4.500
%,
05/01/2041
12,671
0.0
17,135
4.500
%,
05/01/2041
16,811
0.0
134,577
4.500
%,
05/01/2041
132,060
0.0
140,973
4.500
%,
05/01/2041
138,310
0.0
161,353
4.500
%,
05/01/2041
158,305
0.0
246,110
4.500
%,
05/01/2041
241,457
0.0
9,395
4.500
%,
06/01/2041
9,218
0.0
45,600
4.500
%,
06/01/2041
44,737
0.0
170,352
4.500
%,
06/01/2041
167,132
0.0
1,541
4.500
%,
07/01/2041
1,499
0.0
2,678
4.500
%,
07/01/2041
2,627
0.0
8,008
4.500
%,
07/01/2041
7,857
0.0
16,386
4.500
%,
07/01/2041
16,079
0.0
30,928
4.500
%,
07/01/2041
30,080
0.0
73,498
4.500
%,
07/01/2041
72,109
0.0
128,254
4.500
%,
07/01/2041
125,830
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
12,056
4.500
%,
08/01/2041
$
11,828
0.0
20,180
4.500
%,
08/01/2041
19,600
0.0
40,596
4.500
%,
08/01/2041
39,529
0.0
66,290
4.500
%,
08/01/2041
65,038
0.0
83,820
4.500
%,
08/01/2041
82,237
0.0
109,245
4.500
%,
08/01/2041
106,138
0.0
121,778
4.500
%,
08/01/2041
118,093
0.0
149,331
4.500
%,
08/01/2041
146,509
0.0
3,321
4.500
%,
09/01/2041
3,258
0.0
8,526
4.500
%,
09/01/2041
8,365
0.0
41,686
4.500
%,
09/01/2041
40,898
0.0
388,457
4.500
%,
09/01/2041
381,112
0.0
14,776
4.500
%,
10/01/2041
14,497
0.0
23,203
4.500
%,
10/01/2041
22,764
0.0
41,486
4.500
%,
10/01/2041
40,347
0.0
81,222
4.500
%,
10/01/2041
79,687
0.0
146,442
4.500
%,
10/01/2041
143,673
0.0
186,165
4.500
%,
10/01/2041
182,647
0.0
399,163
4.500
%,
10/01/2041
391,614
0.0
809,400
4.500
%,
10/01/2041
794,092
0.1
2,450
4.500
%,
11/01/2041
2,404
0.0
195,616
4.500
%,
11/01/2041
191,919
0.0
170,337
4.500
%,
12/01/2041
166,152
0.0
436,752
4.500
%,
12/01/2041
428,493
0.0
7,923
4.500
%,
01/01/2042
7,773
0.0
10,715
4.500
%,
01/01/2042
10,423
0.0
18,665
4.500
%,
01/01/2042
18,312
0.0
31,816
4.500
%,
03/01/2042
31,149
0.0
25,888
4.500
%,
04/01/2042
25,010
0.0
10,753
4.500
%,
06/01/2042
10,532
0.0
4,438
4.500
%,
08/01/2042
4,355
0.0
3,911
4.500
%,
09/01/2042
3,774
0.0
6,212
4.500
%,
01/01/2043
6,007
0.0
4,132
4.500
%,
12/01/2043
4,034
0.0
41,293
4.500
%,
04/01/2047
40,273
0.0
19,868
4.500
%,
05/01/2047
19,324
0.0
45,848
4.500
%,
06/01/2047
44,578
0.0
66,684
4.500
%,
06/01/2047
64,838
0.0
63,192
4.500
%,
07/01/2047
61,697
0.0
234,833
4.500
%,
07/01/2047
227,969
0.0
15,761
4.500
%,
08/01/2047
15,293
0.0
5,491,970
4.500
%,
10/01/2052
5,231,762
0.2
9,059
5.000
%,
04/01/2026
8,972
0.0
10,960
5.000
%,
05/01/2026
10,854
0.0
10,703
5.000
%,
08/01/2027
10,607
0.0
6,026
5.000
%,
04/01/2028
5,986
0.0
4,777,953
5.000
%,
05/01/2042
4,804,934
0.2
622,125
5.000
%,
09/01/2052
607,732
0.0
31,519,913
5.000
%,
10/01/2052
30,788,278
1.4
1,315
5.500
%,
07/01/2026
1,308
0.0
1,657
5.500
%,
12/01/2027
1,657
0.0
8,140
5.500
%,
04/01/2028
8,122
0.0
2,393
5.500
%,
08/01/2028
2,396
0.0
3,430
5.500
%,
01/01/2029
3,416
0.0
27,665
5.500
%,
10/01/2029
27,733
0.0
30,763
5.500
%,
04/01/2033
30,838
0.0
10,648
5.500
%,
10/01/2033
10,873
0.0
472
5.500
%,
11/01/2033
479
0.0
1,901
5.500
%,
11/01/2033
1,922
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
22
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
3,154
5.500
%,
11/01/2033
$
3,221
0.0
3,527
5.500
%,
11/01/2033
3,569
0.0
763
5.500
%,
12/01/2033
779
0.0
9,224
5.500
%,
12/01/2033
9,419
0.0
24,255
5.500
%,
12/01/2033
24,768
0.0
55,555
5.500
%,
12/01/2033
56,730
0.0
164,357
5.500
%,
12/01/2033
166,137
0.0
220
5.500
%,
01/01/2034
221
0.0
3,133
5.500
%,
01/01/2034
3,149
0.0
7,746
5.500
%,
01/01/2034
7,910
0.0
13,230
5.500
%,
01/01/2034
13,476
0.0
59,951
5.500
%,
01/01/2034
61,219
0.0
2,513
5.500
%,
06/01/2034
2,566
0.0
4,206
5.500
%,
11/01/2034
4,231
0.0
24,851
5.500
%,
11/01/2034
25,377
0.0
507
5.500
%,
12/01/2034
518
0.0
7,377
5.500
%,
01/01/2035
7,533
0.0
15,265
5.500
%,
01/01/2035
15,588
0.0
20,090
5.500
%,
01/01/2035
20,411
0.0
5,645
5.500
%,
02/01/2035
5,736
0.0
708,816
5.500
%,
02/01/2035
723,819
0.0
4,442
5.500
%,
07/01/2035
4,536
0.0
383,745
5.500
%,
08/01/2035
391,855
0.0
1,544
5.500
%,
10/01/2035
1,604
0.0
289
5.500
%,
11/01/2035
292
0.0
26,821
5.500
%,
11/01/2035
27,389
0.0
406
5.500
%,
12/01/2035
414
0.0
428
5.500
%,
12/01/2035
435
0.0
6,678
5.500
%,
12/01/2035
6,819
0.0
63,418
5.500
%,
12/01/2035
64,759
0.0
4,796
5.500
%,
01/01/2036
4,897
0.0
41,642
5.500
%,
01/01/2036
42,525
0.0
380
5.500
%,
02/01/2036
386
0.0
6,171
5.500
%,
04/01/2036
6,301
0.0
494,882
5.500
%,
07/01/2036
505,357
0.0
381
5.500
%,
08/01/2036
389
0.0
24,663
5.500
%,
09/01/2036
25,185
0.0
41,611
5.500
%,
09/01/2036
42,490
0.0
620
5.500
%,
12/01/2036
633
0.0
955
5.500
%,
12/01/2036
975
0.0
66,511
5.500
%,
12/01/2036
67,918
0.0
67,596
5.500
%,
12/01/2036
68,852
0.0
6,582
5.500
%,
01/01/2037
6,721
0.0
36,675
5.500
%,
01/01/2037
37,452
0.0
54,157
5.500
%,
02/01/2037
55,304
0.0
142,685
5.500
%,
03/01/2037
144,617
0.0
6,242
5.500
%,
04/01/2037
6,374
0.0
470
5.500
%,
05/01/2037
480
0.0
1,222
5.500
%,
05/01/2037
1,238
0.0
6,798
5.500
%,
05/01/2037
6,941
0.0
12,559
5.500
%,
05/01/2037
12,825
0.0
12,870
5.500
%,
06/01/2037
13,143
0.0
28,962
5.500
%,
06/01/2037
29,575
0.0
14,221
5.500
%,
07/01/2037
14,375
0.0
8,022
5.500
%,
08/01/2037
8,192
0.0
21,514
5.500
%,
08/01/2037
21,970
0.0
23,047
5.500
%,
08/01/2037
23,535
0.0
57,057
5.500
%,
09/01/2037
58,267
0.0
380
5.500
%,
11/01/2037
388
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
198,828
5.500
%,
01/01/2038
$
203,038
0.0
379
5.500
%,
02/01/2038
387
0.0
634
5.500
%,
02/01/2038
647
0.0
3,517
5.500
%,
03/01/2038
3,591
0.0
182,775
5.500
%,
03/01/2038
186,654
0.0
335
5.500
%,
04/01/2038
342
0.0
8,311
5.500
%,
04/01/2038
8,444
0.0
26,973
5.500
%,
04/01/2038
27,545
0.0
1,545
5.500
%,
05/01/2038
1,578
0.0
4,961
5.500
%,
05/01/2038
5,070
0.0
49,988
5.500
%,
05/01/2038
50,788
0.0
11,083
5.500
%,
06/01/2038
11,318
0.0
45,351
5.500
%,
06/01/2038
46,313
0.0
927,631
5.500
%,
06/01/2038
947,303
0.1
208
5.500
%,
07/01/2038
212
0.0
21,623
5.500
%,
07/01/2038
22,081
0.0
24,523
5.500
%,
07/01/2038
25,043
0.0
25,826
5.500
%,
07/01/2038
26,373
0.0
5,937
5.500
%,
08/01/2038
6,063
0.0
12,393
5.500
%,
08/01/2038
12,656
0.0
35,522
5.500
%,
08/01/2038
36,183
0.0
29,735
5.500
%,
11/01/2038
30,392
0.0
101,642
5.500
%,
11/01/2038
103,798
0.0
108
5.500
%,
12/01/2038
110
0.0
17,685
5.500
%,
12/01/2038
18,077
0.0
28,310
5.500
%,
01/01/2039
28,910
0.0
54,053
5.500
%,
01/01/2039
55,199
0.0
183,080
5.500
%,
01/01/2039
186,964
0.0
10,423
5.500
%,
03/01/2039
10,644
0.0
95,481
5.500
%,
06/01/2039
97,506
0.0
167,403
5.500
%,
06/01/2039
170,952
0.0
9,269
5.500
%,
07/01/2041
9,466
0.0
184,333
5.500
%,
09/01/2041
188,237
0.0
30,389
6.000
%,
11/01/2028
30,766
0.0
182
6.000
%,
04/01/2031
186
0.0
196
6.000
%,
01/01/2032
199
0.0
421
6.000
%,
11/01/2032
425
0.0
443
6.000
%,
11/01/2032
452
0.0
26,477
6.000
%,
01/01/2033
27,297
0.0
1,843
6.000
%,
09/01/2033
1,879
0.0
310
6.000
%,
01/01/2034
319
0.0
21,314
6.000
%,
06/01/2035
21,764
0.0
3,143
6.000
%,
07/01/2035
3,241
0.0
4,207
6.000
%,
07/01/2035
4,278
0.0
5,119
6.000
%,
07/01/2035
5,234
0.0
6,364
6.000
%,
07/01/2035
6,595
0.0
337
6.000
%,
10/01/2035
342
0.0
889
6.000
%,
10/01/2035
897
0.0
28,449
6.000
%,
11/01/2035
29,389
0.0
2,029
6.000
%,
12/01/2035
2,063
0.0
24,231
6.000
%,
12/01/2035
25,112
0.0
176,637
6.000
%,
12/01/2035
179,681
0.0
3,811
6.000
%,
01/01/2036
3,905
0.0
18,733
6.000
%,
02/01/2036
19,414
0.0
27,021
6.000
%,
02/01/2036
28,003
0.0
14,782
6.000
%,
03/01/2036
15,239
0.0
18,365
6.000
%,
03/01/2036
19,213
0.0
10,216
6.000
%,
04/01/2036
10,586
0.0
21,890
6.000
%,
04/01/2036
22,683
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
23
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
7,548
6.000
%,
05/01/2036
$
7,710
0.0
309
6.000
%,
06/01/2036
318
0.0
1,672
6.000
%,
06/01/2036
1,712
0.0
1,114
6.000
%,
07/01/2036
1,139
0.0
2,349
6.000
%,
07/01/2036
2,391
0.0
10,326
6.000
%,
07/01/2036
10,567
0.0
39,418
6.000
%,
07/01/2036
40,851
0.0
1,283
6.000
%,
08/01/2036
1,305
0.0
2,011
6.000
%,
08/01/2036
2,084
0.0
10,377
6.000
%,
08/01/2036
10,754
0.0
11,424
6.000
%,
08/01/2036
11,716
0.0
105,154
6.000
%,
08/01/2036
107,982
0.0
294,843
6.000
%,
08/01/2036
302,381
0.0
72
6.000
%,
09/01/2036
73
0.0
7,700
6.000
%,
09/01/2036
7,980
0.0
8,028
6.000
%,
09/01/2036
8,220
0.0
11,460
6.000
%,
09/01/2036
11,721
0.0
13,780
6.000
%,
09/01/2036
14,085
0.0
29,801
6.000
%,
09/01/2036
30,880
0.0
51,846
6.000
%,
09/01/2036
52,707
0.0
2,106
6.000
%,
10/01/2036
2,139
0.0
7,240
6.000
%,
10/01/2036
7,369
0.0
9,317
6.000
%,
10/01/2036
9,655
0.0
17,911
6.000
%,
10/01/2036
18,540
0.0
21,940
6.000
%,
10/01/2036
22,739
0.0
22,424
6.000
%,
10/01/2036
23,238
0.0
8,423
6.000
%,
11/01/2036
8,707
0.0
14,038
6.000
%,
11/01/2036
14,258
0.0
20,220
6.000
%,
11/01/2036
20,953
0.0
1,286
6.000
%,
12/01/2036
1,319
0.0
2,037
6.000
%,
12/01/2036
2,111
0.0
3,074
6.000
%,
12/01/2036
3,157
0.0
12,755
6.000
%,
12/01/2036
13,009
0.0
22,457
6.000
%,
12/01/2036
23,274
0.0
196
6.000
%,
01/01/2037
199
0.0
346
6.000
%,
01/01/2037
359
0.0
6,565
6.000
%,
01/01/2037
6,803
0.0
9,853
6.000
%,
01/01/2037
10,007
0.0
7,103
6.000
%,
02/01/2037
7,284
0.0
8,701
6.000
%,
02/01/2037
9,018
0.0
48,179
6.000
%,
02/01/2037
49,929
0.0
343
6.000
%,
03/01/2037
354
0.0
4,259
6.000
%,
03/01/2037
4,344
0.0
4,354
6.000
%,
03/01/2037
4,512
0.0
6,866
6.000
%,
03/01/2037
7,003
0.0
10,068
6.000
%,
03/01/2037
10,434
0.0
77,459
6.000
%,
03/01/2037
80,282
0.0
603
6.000
%,
04/01/2037
615
0.0
687
6.000
%,
04/01/2037
699
0.0
1,139
6.000
%,
04/01/2037
1,180
0.0
1,996
6.000
%,
04/01/2037
2,054
0.0
4,937
6.000
%,
04/01/2037
5,116
0.0
8,933
6.000
%,
04/01/2037
9,258
0.0
11,655
6.000
%,
04/01/2037
12,055
0.0
13,101
6.000
%,
04/01/2037
13,407
0.0
15,379
6.000
%,
04/01/2037
15,939
0.0
19,478
6.000
%,
04/01/2037
19,844
0.0
25,648
6.000
%,
04/01/2037
26,159
0.0
34,435
6.000
%,
04/01/2037
35,746
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
62,114
6.000
%,
04/01/2037
$
64,371
0.0
536
6.000
%,
05/01/2037
549
0.0
4,586
6.000
%,
05/01/2037
4,753
0.0
5,211
6.000
%,
05/01/2037
5,323
0.0
6,911
6.000
%,
05/01/2037
7,020
0.0
10,013
6.000
%,
05/01/2037
10,174
0.0
9,833
6.000
%,
05/01/2037
10,191
0.0
12,182
6.000
%,
05/01/2037
12,384
0.0
12,775
6.000
%,
05/01/2037
12,994
0.0
18,964
6.000
%,
05/01/2037
19,653
0.0
48,277
6.000
%,
05/01/2037
50,033
0.0
3,282
6.000
%,
06/01/2037
3,407
0.0
3,426
6.000
%,
06/01/2037
3,503
0.0
3,816
6.000
%,
06/01/2037
3,955
0.0
4,610
6.000
%,
06/01/2037
4,682
0.0
22,316
6.000
%,
06/01/2037
22,666
0.0
33,592
6.000
%,
06/01/2037
34,815
0.0
2,172
6.000
%,
07/01/2037
2,245
0.0
4,350
6.000
%,
07/01/2037
4,508
0.0
4,623
6.000
%,
07/01/2037
4,820
0.0
4,951
6.000
%,
07/01/2037
5,029
0.0
5,471
6.000
%,
07/01/2037
5,521
0.0
6,017
6.000
%,
07/01/2037
6,153
0.0
12,057
6.000
%,
07/01/2037
12,328
0.0
29,256
6.000
%,
07/01/2037
29,916
0.0
31,008
6.000
%,
07/01/2037
32,137
0.0
4,018
6.000
%,
08/01/2037
4,164
0.0
5,421
6.000
%,
08/01/2037
5,544
0.0
7,091
6.000
%,
08/01/2037
7,229
0.0
8,132
6.000
%,
08/01/2037
8,260
0.0
11,229
6.000
%,
08/01/2037
11,637
0.0
15,869
6.000
%,
08/01/2037
16,185
0.0
26,833
6.000
%,
08/01/2037
27,810
0.0
32,829
6.000
%,
08/01/2037
33,375
0.0
495
6.000
%,
09/01/2037
508
0.0
1,326
6.000
%,
09/01/2037
1,374
0.0
5,209
6.000
%,
09/01/2037
5,300
0.0
9,078
6.000
%,
09/01/2037
9,408
0.0
56,744
6.000
%,
09/01/2037
58,809
0.0
143,505
6.000
%,
09/01/2037
148,729
0.0
554
6.000
%,
10/01/2037
567
0.0
18,971
6.000
%,
10/01/2037
19,659
0.0
579
6.000
%,
11/01/2037
601
0.0
20,762
6.000
%,
11/01/2037
21,515
0.0
29,264
6.000
%,
11/01/2037
30,325
0.0
878
6.000
%,
12/01/2037
910
0.0
16,412
6.000
%,
12/01/2037
17,008
0.0
32,896
6.000
%,
12/01/2037
33,915
0.0
37,457
6.000
%,
12/01/2037
38,820
0.0
15,325
6.000
%,
02/01/2038
15,839
0.0
52,825
6.000
%,
02/01/2038
54,001
0.0
72,732
6.000
%,
02/01/2038
75,179
0.0
668
6.000
%,
03/01/2038
686
0.0
3,611
6.000
%,
03/01/2038
3,675
0.0
16,197
6.000
%,
03/01/2038
16,784
0.0
1,975
6.000
%,
05/01/2038
2,047
0.0
44,583
6.000
%,
05/01/2038
46,204
0.0
6,597
6.000
%,
06/01/2038
6,837
0.0
24,540
6.000
%,
07/01/2038
25,431
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
24
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
U.S.
GOVERNMENT
AGENCY
OBLIGATIONS:
(continued)
Uniform
Mortgage-Backed
Securities
(continued)
62,475
6.000
%,
07/01/2038
$
64,408
0.0
756
6.000
%,
08/01/2038
784
0.0
3,082
6.000
%,
09/01/2038
3,151
0.0
3,978
6.000
%,
09/01/2038
4,122
0.0
13,562
6.000
%,
09/01/2038
13,924
0.0
14,243
6.000
%,
09/01/2038
14,723
0.0
333
6.000
%,
10/01/2038
338
0.0
1,131
6.000
%,
10/01/2038
1,172
0.0
7,566
6.000
%,
10/01/2038
7,842
0.0
8,320
6.000
%,
10/01/2038
8,623
0.0
10,939
6.000
%,
10/01/2038
11,111
0.0
18,140
6.000
%,
10/01/2038
18,800
0.0
414
6.000
%,
11/01/2038
428
0.0
1,050
6.000
%,
11/01/2038
1,071
0.0
81,391
6.000
%,
11/01/2038
83,806
0.0
785
6.000
%,
12/01/2038
804
0.0
11,084
6.000
%,
12/01/2038
11,403
0.0
40,392
6.000
%,
12/01/2038
41,862
0.0
801
6.000
%,
10/01/2039
830
0.0
10,302
6.000
%,
10/01/2039
10,677
0.0
242,897
6.000
%,
02/01/2040
251,744
0.0
9,901
6.000
%,
04/01/2040
10,261
0.0
70,553
6.000
%,
09/01/2040
72,150
0.0
105,361
6.000
%,
10/01/2040
109,197
0.0
153,590
6.000
%,
05/01/2041
159,181
0.0
606
6.500
%,
04/01/2027
619
0.0
265
6.500
%,
02/01/2028
271
0.0
4,301
6.500
%,
01/01/2032
4,431
0.0
4,181
6.500
%,
04/01/2032
4,291
0.0
3,200
6.500
%,
10/01/2032
3,281
0.0
10,470
6.500
%,
10/01/2032
10,826
0.0
3,308
6.500
%,
03/01/2038
3,493
0.0
74
7.000
%,
08/01/2025
77
0.0
1,261
7.000
%,
03/01/2026
1,300
0.0
340
7.000
%,
12/01/2027
350
0.0
136,399
7.000
%,
03/01/2038
140,703
0.0
390,283
7.000
%,
04/01/2038
403,120
0.0
4,629
7.500
%,
09/01/2031
4,700
0.0
319,917,434
14.3
Total
U.S.
Government
Agency
Obligations
(Cost
$503,928,021)
476,337,637
21.2
COLLATERALIZED
MORTGAGE
OBLIGATIONS
:
14.1%
649,581
(3)
Alternative
Loan
Trust
2005-53T2
2A6,
5.944%,
(TSFR1M
+
0.614%),
11/25/2035
355,167
0.0
947,495
Alternative
Loan
Trust
2005-65CB
2A4,
5.500%,
12/25/2035
661,960
0.0
1,096,787
Alternative
Loan
Trust
2005-6CB
1A3,
5.250%,
04/25/2035
905,260
0.0
184,465
(3)(6)
Alternative
Loan
Trust
2005-J3
2A2,
10.196%,
(-1.000*TSFR1M
+
4.886%),
05/25/2035
6,142
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
1,114,961
Alternative
Loan
Trust
2006-13T1
A9,
6.000%,
05/25/2036
$
554,623
0.0
1,479,369
(3)
Alternative
Loan
Trust
2007-23CB
A3,
5.944%,
(TSFR1M
+
0.614%),
09/25/2037
580,721
0.0
67,488
Banc
of
America
Funding
Trust
2007-
8
4A1,
6.000%,
08/25/2037
52,641
0.0
1,281,532
(1)(3)
Bayview
MSR
Opportunity
Master
Fund
Trust
2022-2
AF,
5.000%,
(SOFR30A
+
0.850%),
12/25/2051
1,190,849
0.1
279,233
(3)
Bear
Stearns
ALT-A
Trust
2005-10
22A1,
5.211%,
01/25/2036
258,617
0.0
186,002
(3)
Bear
Stearns
ALT-A
Trust
2005-4
23A1,
5.138%,
05/25/2035
175,081
0.0
722,026
(3)
Bear
Stearns
ALT-A
Trust
2006-6
31A1,
4.333%,
11/25/2036
401,251
0.0
829,074
(3)
Bear
Stearns
ALT-A
Trust
2006-6
32A1,
4.576%,
11/25/2036
436,251
0.0
1,583
(3)
Bear
Stearns
ARM
Trust
2005-12
13A1,
5.017%,
02/25/2036
1,177
0.0
60,891
(3)
Bear
Stearns
Structured
Products,
Inc.
Trust
2007-R6
1A1,
5.115%,
01/26/2036
46,057
0.0
3,300,000
(1)(3)
Bellemeade
RE
Ltd.
2021-3A
M1C,
6.870%,
(SOFR30A
+
1.550%),
09/25/2031
3,290,487
0.2
69,453
(3)
Chase
Mortgage
Finance
Trust
Series
2005-A1
1A1,
4.734%,
12/25/2035
63,977
0.0
1,062,958
(3)
CHL
Mortgage
Pass-
Through
Trust
2004-22
A3,
4.706%,
11/25/2034
962,083
0.1
6,494
(3)
CHL
Mortgage
Pass-
Through
Trust
2004-
HYB9
1A1,
5.077%,
02/20/2035
6,473
0.0
10,937
(3)
CHL
Mortgage
Pass-
Through
Trust
2005-2
2A3,
6.124%,
(TSFR1M
+
0.794%),
03/25/2035
9,889
0.0
1,374,439
(1)(3)
CIM
Trust
2020-J1
B3,
3.445%,
07/25/2050
1,120,811
0.1
420,988
Citicorp
Mortgage
Securities
Trust
Series
2007-1
1A1,
6.000%,
01/25/2037
373,279
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
25
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
17,148
(3)
Citigroup
Mortgage
Loan
Trust
2005-
3
2A2A,
5.318%,
08/25/2035
$
16,628
0.0
712,215
Citigroup
Mortgage
Loan
Trust
2005-
8
3A1,
5.500%,
09/25/2035
696,182
0.0
628,374
(3)
Citigroup
Mortgage
Loan
Trust
2007-
10
22AA,
4.496%,
09/25/2037
560,346
0.0
515,152
(1)(3)
Citigroup
Mortgage
Loan
Trust
2015-A
B2,
4.500%,
06/25/2058
492,602
0.0
165,839
CitiMortgage
Alternative
Loan
Trust
Series
2007-A2
1A5,
6.000%,
02/25/2037
148,351
0.0
382,816
(1)(3)
Connecticut
Avenue
Securities
Trust
2020-
R02
2M2,
7.435%,
(SOFR30A
+
2.114%),
01/25/2040
387,030
0.0
800,000
(1)(3)
Connecticut
Avenue
Securities
Trust
2020-
SBT1
1M2,
9.085%,
(SOFR30A
+
3.764%),
02/25/2040
848,490
0.0
8,600,000
(1)(3)
Connecticut
Avenue
Securities
Trust
2022-
R01
1B1,
8.470%,
(SOFR30A
+
3.150%),
12/25/2041
8,851,175
0.4
83,542
(3)
DSLA
Mortgage
Loan
Trust
2004-AR3
2A1,
6.143%,
07/19/2044
76,357
0.0
45,527
(1)(3)
Fannie
Mae
Connecticut
Avenue
Securities
2019-R01
2M2,
7.885%,
(SOFR30A
+
2.564%),
07/25/2031
45,644
0.0
376,442
(1)(3)
Fannie
Mae
Connecticut
Avenue
Securities
2020-R01
1M2,
7.485%,
(SOFR30A
+
2.164%),
01/25/2040
381,578
0.0
2,700,000
(1)(3)
Fannie
Mae
Connecticut
Avenue
Securities
2020-R02
2B1,
8.435%,
(SOFR30A
+
3.114%),
01/25/2040
2,779,253
0.1
1,500,000
(1)(3)
Fannie
Mae
Connecticut
Avenue
Securities
2021-R01
1B1,
8.420%,
(SOFR30A
+
3.100%),
10/25/2041
1,545,489
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
1,500,000
(1)(3)
Fannie
Mae
Connecticut
Avenue
Securities
2021-R03
1B1,
8.070%,
(SOFR30A
+
2.750%),
12/25/2041
$
1,528,857
0.1
1,000,000
(1)(3)
Fannie
Mae
Connecticut
Avenue
Securities
2022-R08
1B1,
10.920%,
(SOFR30A
+
5.600%),
07/25/2042
1,103,433
0.1
2,355,959
(6)
Fannie
Mae
Interest
Strip
409
C29,
5.000%,
04/25/2042
469,654
0.0
197,127
(6)
Fannie
Mae
Interest
Strip
418
10,
4.000%,
08/25/2043
30,484
0.0
189,758
(6)
Fannie
Mae
Interest
Strip
418
15,
3.500%,
08/25/2043
27,671
0.0
2,056,785
(6)
Fannie
Mae
Interest
Strip
421
C11,
6.500%,
05/25/2039
354,492
0.0
13
(3)
Fannie
Mae
REMIC
Trust
1994-77
FB,
6.935%,
(SOFR30A
+
1.614%),
04/25/2024
13
0.0
94,134
Fannie
Mae
REMIC
Trust
1999-33
Z,
6.000%,
07/25/2029
94,325
0.0
5,516
(3)
Fannie
Mae
REMIC
Trust
2002-21
FC,
6.335%,
(SOFR30A
+
1.014%),
04/25/2032
5,539
0.0
392,105
(6)
Fannie
Mae
REMIC
Trust
2003-74
IO,
6.000%,
08/25/2033
68,816
0.0
14,866
(3)
Fannie
Mae
REMIC
Trust
2004-11
A,
5.556%,
(SOFR30A
+
0.234%),
03/25/2034
14,835
0.0
193,568
Fannie
Mae
REMIC
Trust
2005-120
ZU,
5.500%,
01/25/2036
192,212
0.0
1,690,422
(3)(6)
Fannie
Mae
REMIC
Trust
2005-
66
SY,
1.265%,
(-1.000*SOFR30A
+
6.586%),
07/25/2035
139,435
0.0
118,265
(3)
Fannie
Mae
REMIC
Trust
2005-
74
DK,
2.261%,
(-1.000*SOFR30A
+
23.542%),
07/25/2035
113,095
0.0
1,929,351
(3)(6)
Fannie
Mae
REMIC
Trust
2005-
92
SC,
1.245%,
(-1.000*SOFR30A
+
6.566%),
10/25/2035
145,435
0.0
90,592
Fannie
Mae
REMIC
Trust
2006-103
EZ,
6.250%,
10/25/2036
92,578
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
26
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
388,568
(3)
Fannie
Mae
REMIC
Trust
2006-
104
ES,
6.276%,
(-1.000*SOFR30A
+
32.878%),
11/25/2036
$
483,323
0.0
1,875,576
(3)(6)
Fannie
Mae
REMIC
Trust
2006-
12
SD,
1.315%,
(-1.000*SOFR30A
+
6.636%),
10/25/2035
106,860
0.0
2,398,995
(3)(6)
Fannie
Mae
REMIC
Trust
2006-
120
QD,
9.896%,
(-1.000*SOFR30A
+
4.586%),
10/25/2036
33,723
0.0
1,124,938
(3)(6)
Fannie
Mae
REMIC
Trust
2006-
123
UI,
1.305%,
(-1.000*SOFR30A
+
6.626%),
01/25/2037
98,253
0.0
1,256,919
(3)(6)
Fannie
Mae
REMIC
Trust
2006-
59
XS,
1.765%,
(-1.000*SOFR30A
+
7.086%),
07/25/2036
102,403
0.0
110,094
(3)(6)
Fannie
Mae
REMIC
Trust
2006-
72
HS,
1.265%,
(-1.000*SOFR30A
+
6.586%),
08/25/2026
1,742
0.0
1,431,520
(3)(6)
Fannie
Mae
REMIC
Trust
2007-
53
SX,
0.665%,
(-1.000*SOFR30A
+
5.986%),
06/25/2037
100,059
0.0
310,102
(3)
Fannie
Mae
REMIC
Trust
2007-73
A1,
5.692%,
(SOFR30A
+
0.174%),
07/25/2037
302,150
0.0
180,757
(3)
Fannie
Mae
REMIC
Trust
2008-
20
SP,
1.913%,
(-1.000*SOFR30A
+
15.214%),
03/25/2038
170,312
0.0
972,133
Fannie
Mae
REMIC
Trust
2009-19
PW,
4.500%,
10/25/2036
953,892
0.1
3,356,976
(3)(6)
Fannie
Mae
REMIC
Trust
2010-
102
SB,
1.165%,
(-1.000*SOFR30A
+
6.486%),
09/25/2040
326,165
0.0
3,764,189
(6)
Fannie
Mae
REMIC
Trust
2010-112
PI,
6.000%,
10/25/2040
784,736
0.0
1,058,795
(3)(6)
Fannie
Mae
REMIC
Trust
2010-
116
SE,
1.165%,
(-1.000*SOFR30A
+
6.486%),
10/25/2040
86,206
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
2,876,374
(3)(6)
Fannie
Mae
REMIC
Trust
2010-
123
SL,
0.635%,
(-1.000*SOFR30A
+
5.956%),
11/25/2040
$
170,663
0.0
8,421,381
(3)(6)
Fannie
Mae
REMIC
Trust
2010-
139
SA,
0.595%,
(-1.000*SOFR30A
+
5.916%),
12/25/2040
650,639
0.0
1,625,270
(3)(6)
Fannie
Mae
REMIC
Trust
2010-
55
AS,
0.985%,
(-1.000*SOFR30A
+
6.306%),
06/25/2040
130,802
0.0
3,143,550
Fannie
Mae
REMIC
Trust
2010-59
PC,
5.000%,
06/25/2040
3,167,947
0.2
265,047
Fannie
Mae
REMIC
Trust
2010-60
HJ,
5.500%,
05/25/2040
264,947
0.0
479,237
Fannie
Mae
REMIC
Trust
2011-10
ZC,
5.000%,
02/25/2041
474,144
0.0
44,982
Fannie
Mae
REMIC
Trust
2011-127
UY,
3.500%,
12/25/2041
41,550
0.0
1,000,000
Fannie
Mae
REMIC
Trust
2011-128
KB,
4.500%,
12/25/2041
963,644
0.1
1,131,953
(3)(6)
Fannie
Mae
REMIC
Trust
2011-
149
ES,
0.565%,
(-1.000*SOFR30A
+
5.886%),
07/25/2041
28,293
0.0
892,919
(6)
Fannie
Mae
REMIC
Trust
2011-3
AI,
5.000%,
01/25/2041
86,674
0.0
1,443,717
Fannie
Mae
REMIC
Trust
2011-84
Z,
5.250%,
09/25/2041
1,453,870
0.1
10,314,037
Fannie
Mae
REMIC
Trust
2011-99
CZ,
4.500%,
10/25/2041
9,955,338
0.5
278,410
(3)(6)
Fannie
Mae
REMIC
Trust
2012-
10
US,
1.015%,
(-1.000*SOFR30A
+
6.336%),
02/25/2042
28,345
0.0
49,706
Fannie
Mae
REMIC
Trust
2012-103
DA,
3.500%,
10/25/2041
48,705
0.0
621,031
Fannie
Mae
REMIC
Trust
2012-110
CA,
3.000%,
10/25/2042
556,729
0.0
3,921,513
(3)(6)
Fannie
Mae
REMIC
Trust
2012-
113
SG,
0.665%,
(-1.000*SOFR30A
+
5.986%),
10/25/2042
369,077
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
27
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
2,742,020
(3)(6)
Fannie
Mae
REMIC
Trust
2012-
122
SB,
0.715%,
(-1.000*SOFR30A
+
6.036%),
11/25/2042
$
266,800
0.0
954,761
(6)
Fannie
Mae
REMIC
Trust
2012-128
DI,
3.000%,
10/25/2032
54,397
0.0
765,285
(3)
Fannie
Mae
REMIC
Trust
2012-131
BS,
10.546%,
(-1.000*SOFR30A
+
5.263%),
12/25/2042
475,550
0.0
9,658,830
(3)(6)
Fannie
Mae
REMIC
Trust
2012-
134
SF,
0.715%,
(-1.000*SOFR30A
+
6.036%),
12/25/2042
884,402
0.0
4,485,752
(3)(6)
Fannie
Mae
REMIC
Trust
2012-
137
SN,
0.665%,
(-1.000*SOFR30A
+
5.986%),
12/25/2042
381,048
0.0
6,972,479
(3)(6)
Fannie
Mae
REMIC
Trust
2012-
19
S,
0.515%,
(-1.000*SOFR30A
+
5.836%),
03/25/2042
585,374
0.0
3,277,009
(3)(6)
Fannie
Mae
REMIC
Trust
2012-
30
TS,
1.015%,
(-1.000*SOFR30A
+
6.336%),
04/25/2042
337,748
0.0
687,163
(6)
Fannie
Mae
REMIC
Trust
2012-58
PI,
5.000%,
04/25/2042
95,003
0.0
3,734,091
(3)(6)
Fannie
Mae
REMIC
Trust
2013-
60
DS,
0.765%,
(-1.000*SOFR30A
+
6.086%),
06/25/2033
209,932
0.0
4,162,855
(3)(6)
Fannie
Mae
REMIC
Trust
2013-
9
DS,
0.715%,
(-1.000*SOFR30A
+
6.036%),
02/25/2043
427,412
0.0
8,254,745
(3)(6)
Fannie
Mae
REMIC
Trust
2013-
9
SA,
0.715%,
(-1.000*SOFR30A
+
6.036%),
03/25/2042
359,493
0.0
9,772,575
(6)
Fannie
Mae
REMIC
Trust
2015-9
IO,
5.500%,
03/25/2045
1,966,903
0.1
12,658,602
(6)
Fannie
Mae
REMIC
Trust
2016-2
IO,
5.500%,
02/25/2046
1,944,638
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
3,352,975
(3)(6)
Fannie
Mae
REMIC
Trust
2016-
54
SD,
0.565%,
(-1.000*SOFR30A
+
5.886%),
08/25/2046
$
361,249
0.0
5,349,791
(3)(6)
Fannie
Mae
REMIC
Trust
2016-
62
SC,
0.565%,
(-1.000*SOFR30A
+
5.886%),
09/25/2046
537,493
0.0
12,203,565
(3)(6)
Fannie
Mae
REMIC
Trust
2016-
82
SD,
0.615%,
(-1.000*SOFR30A
+
5.936%),
11/25/2046
914,733
0.1
20,240,885
(3)(6)
Fannie
Mae
REMIC
Trust
2016-
88
CS,
0.615%,
(-1.000*SOFR30A
+
5.936%),
12/25/2046
1,435,516
0.1
228,511
Fannie
Mae
REMIC
Trust
2016-88
EA,
3.500%,
01/25/2045
224,640
0.0
5,021,774
(3)(6)
Fannie
Mae
REMIC
Trust
2016-
93
SL,
1.215%,
(-1.000*SOFR30A
+
6.536%),
12/25/2046
329,271
0.0
6,861,448
(6)
Fannie
Mae
REMIC
Trust
2017-23
IO,
6.000%,
04/25/2047
1,448,463
0.1
1,034,307
Fannie
Mae
REMIC
Trust
2017-54
D,
3.000%,
07/25/2047
907,145
0.0
3,395,908
Fannie
Mae
REMIC
Trust
2018-11
BX,
4.000%,
12/25/2047
3,119,149
0.1
185,430
Fannie
Mae
REMIC
Trust
2018-27
EA,
3.000%,
05/25/2048
162,732
0.0
2,971,622
(3)(6)
Fannie
Mae
REMIC
Trust
2018-
43
SE,
0.815%,
(-1.000*SOFR30A
+
6.136%),
09/25/2038
212,508
0.0
479,492
Fannie
Mae
REMIC
Trust
2018-64
ET,
3.000%,
09/25/2048
419,079
0.0
5,376,304
(3)(6)
Fannie
Mae
REMIC
Trust
2019-
18
SA,
0.615%,
(-1.000*SOFR30A
+
5.936%),
05/25/2049
405,421
0.0
4,584,109
(3)(6)
Fannie
Mae
REMIC
Trust
2019-
25
PS,
0.615%,
(-1.000*SOFR30A
+
5.936%),
06/25/2049
442,749
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
28
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
13,093,728
(3)(6)
Fannie
Mae
REMIC
Trust
2019-
33
PS,
0.615%,
(-1.000*SOFR30A
+
5.936%),
07/25/2049
$
1,334,185
0.1
10,676,903
(6)
Fannie
Mae
REMIC
Trust
2020-71
TI,
3.000%,
10/25/2050
1,810,017
0.1
9,053,940
(3)(6)
Fannie
Mae
REMIC
Trust
2020-
94
SC,
0.515%,
(-1.000*SOFR30A
+
5.836%),
07/25/2050
953,728
0.1
12,124,305
(6)
Fannie
Mae
REMIC
Trust
2021-13
BI,
3.000%,
02/25/2050
2,109,469
0.1
15,496,523
(6)
Fannie
Mae
REMIC
Trust
2021-17
KI,
4.500%,
04/25/2051
3,504,934
0.2
16,708,882
(6)
Fannie
Mae
REMIC
Trust
2021-8
TI,
4.000%,
03/25/2051
3,504,503
0.2
102,879
(3)
First
Horizon
Alternative
Mortgage
Securities
Trust
2005-AA1
1A1,
5.266%,
03/25/2035
61,686
0.0
52,826
(3)
First
Horizon
Asset
Securities,
Inc.
2005-
AR6
4A1,
5.445%,
02/25/2036
49,422
0.0
18,413
(3)
First
Horizon
Mortgage
Pass-Through
Trust
2005-AR3
2A1,
5.462%,
08/25/2035
12,857
0.0
1,251,551
(1)(3)
Flagstar
Mortgage
Trust
2018-1
B1,
3.939%,
03/25/2048
1,122,450
0.1
1,752,171
(1)(3)
Flagstar
Mortgage
Trust
2018-1
B3,
3.939%,
03/25/2048
1,555,951
0.1
1,557,044
(1)(3)
Flagstar
Mortgage
Trust
2018-2
B2,
4.008%,
04/25/2048
1,389,137
0.1
64,894
Freddie
Mac
REMIC
Trust
2110
PG,
6.000%,
01/15/2029
65,019
0.0
64,109
Freddie
Mac
REMIC
Trust
2114
ZM,
6.000%,
01/15/2029
63,947
0.0
38,875
(3)
Freddie
Mac
REMIC
Trust
2411
FJ,
5.783%,
(SOFR30A
+
0.464%),
12/15/2029
38,669
0.0
42,669
Freddie
Mac
REMIC
Trust
2460
ZM,
6.000%,
06/15/2032
42,592
0.0
125,497
Freddie
Mac
REMIC
Trust
2541
NE,
5.500%,
12/15/2032
127,184
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
55,733
Freddie
Mac
REMIC
Trust
2576
KZ,
5.500%,
02/15/2033
$
55,629
0.0
107,341
(6)
Freddie
Mac
REMIC
Trust
2594
IY,
6.000%,
04/15/2033
17,365
0.0
2,225,404
(3)(6)
Freddie
Mac
REMIC
Trust
2815
GS,
0.567%,
(-1.000*SOFR30A
+
5.886%),
03/15/2034
128,553
0.0
160,592
Freddie
Mac
REMIC
Trust
2861
Z,
5.500%,
09/15/2034
160,516
0.0
474,492
Freddie
Mac
REMIC
Trust
2867
MZ,
5.000%,
10/15/2034
469,101
0.0
349,468
Freddie
Mac
REMIC
Trust
2930
ZL,
5.000%,
02/15/2035
345,473
0.0
434,858
Freddie
Mac
REMIC
Trust
2931
ZY,
5.000%,
02/15/2035
430,118
0.0
2,575,871
(3)(6)
Freddie
Mac
REMIC
Trust
3045
DI,
1.297%,
(-1.000*SOFR30A
+
6.616%),
10/15/2035
193,552
0.0
171,767
(3)
Freddie
Mac
REMIC
Trust
3065
DC,
3.561%,
(-1.000*SOFR30A
+
19.517%),
03/15/2035
168,777
0.0
204,996
(3)(6)
Freddie
Mac
REMIC
Trust
3102
IS,
4.645%,
(-1.000*SOFR30A
+
24.147%),
01/15/2036
41,564
0.0
1,475,514
Freddie
Mac
REMIC
Trust
3117
ZA,
5.500%,
02/15/2036
1,450,853
0.1
814,482
(3)(6)
Freddie
Mac
REMIC
Trust
3170
SA,
1.167%,
(-1.000*SOFR30A
+
6.486%),
09/15/2033
54,281
0.0
328,939
(3)(6)
Freddie
Mac
REMIC
Trust
3171
PS,
1.052%,
(-1.000*SOFR30A
+
6.371%),
06/15/2036
19,099
0.0
4,000,095
(3)(6)
Freddie
Mac
REMIC
Trust
3284
CI,
0.687%,
(-1.000*SOFR30A
+
6.006%),
03/15/2037
297,191
0.0
1,752,371
(3)(6)
Freddie
Mac
REMIC
Trust
3311
IC,
0.977%,
(-1.000*SOFR30A
+
6.296%),
05/15/2037
154,794
0.0
669,658
Freddie
Mac
REMIC
Trust
3351
ZC,
5.500%,
07/15/2037
675,217
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
29
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
3,842,617
(3)(6)
Freddie
Mac
REMIC
Trust
3510
IC,
0.647%,
(-1.000*SOFR30A
+
5.966%),
08/15/2037
$
285,150
0.0
152,281
(3)(6)
Freddie
Mac
REMIC
Trust
3524
LA,
4.985%,
03/15/2033
145,724
0.0
26,461
(3)
Freddie
Mac
REMIC
Trust
3556
NT,
8.533%,
(SOFR30A
+
3.214%),
03/15/2038
27,316
0.0
1,921,325
(3)(6)
Freddie
Mac
REMIC
Trust
3575
ST,
1.167%,
(-1.000*SOFR30A
+
6.486%),
04/15/2039
194,674
0.0
3,085,784
(3)(6)
Freddie
Mac
REMIC
Trust
3589
SB,
0.767%,
(-1.000*SOFR30A
+
6.086%),
10/15/2039
256,070
0.0
314,610
(6)
Freddie
Mac
REMIC
Trust
3632
IP,
5.000%,
02/15/2040
34,759
0.0
3,105,019
Freddie
Mac
REMIC
Trust
3639
ZN,
5.500%,
12/15/2034
3,093,817
0.1
1,043,898
Freddie
Mac
REMIC
Trust
3662
ZB,
5.500%,
08/15/2036
1,058,389
0.1
6,027,812
(3)(6)
Freddie
Mac
REMIC
Trust
3702
SB,
9.696%,
(-1.000*SOFR30A
+
4.386%),
08/15/2040
179,380
0.0
548,430
Freddie
Mac
REMIC
Trust
3724
CM,
5.500%,
06/15/2037
559,126
0.0
623,618
Freddie
Mac
REMIC
Trust
3829
VZ,
4.000%,
03/15/2041
598,582
0.0
2,080,099
(3)(6)
Freddie
Mac
REMIC
Trust
3856
KS,
1.117%,
(-1.000*SOFR30A
+
6.436%),
05/15/2041
191,726
0.0
846,228
Freddie
Mac
REMIC
Trust
3898
KD,
4.500%,
07/15/2041
830,849
0.0
301,149
(3)(6)
Freddie
Mac
REMIC
Trust
3925
SD,
0.617%,
(-1.000*SOFR30A
+
5.936%),
07/15/2040
5,630
0.0
929,038
(3)(6)
Freddie
Mac
REMIC
Trust
3925
SL,
0.617%,
(-1.000*SOFR30A
+
5.936%),
01/15/2041
10,823
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
5,857,897
(3)(6)
Freddie
Mac
REMIC
Trust
3951
SN,
1.117%,
(-1.000*SOFR30A
+
6.436%),
11/15/2041
$
600,726
0.0
323,862
Freddie
Mac
REMIC
Trust
4000
PA,
4.500%,
01/15/2042
319,111
0.0
836,742
Freddie
Mac
REMIC
Trust
4020
BY,
6.500%,
03/15/2042
893,028
0.0
3,320,056
(3)(6)
Freddie
Mac
REMIC
Trust
4102
MS,
1.167%,
(-1.000*SOFR30A
+
6.486%),
09/15/2042
384,441
0.0
7,463,412
(3)(6)
Freddie
Mac
REMIC
Trust
4139
CS,
0.717%,
(-1.000*SOFR30A
+
6.036%),
12/15/2042
759,251
0.0
4,163,806
(6)
Freddie
Mac
REMIC
Trust
4150
IO,
3.500%,
01/15/2043
615,759
0.0
410,061
(6)
Freddie
Mac
REMIC
Trust
4194
GI,
4.000%,
04/15/2043
65,041
0.0
3,656,550
Freddie
Mac
REMIC
Trust
4203
BN,
3.000%,
04/15/2033
3,451,092
0.2
18,729,105
Freddie
Mac
REMIC
Trust
4246
ZX,
4.500%,
04/15/2041
18,080,721
0.8
3,905,853
(3)(6)
Freddie
Mac
REMIC
Trust
4313
SD,
0.717%,
(-1.000*SOFR30A
+
6.036%),
03/15/2044
271,201
0.0
6,039,590
(3)(6)
Freddie
Mac
REMIC
Trust
4313
SE,
0.717%,
(-1.000*SOFR30A
+
6.036%),
03/15/2044
470,576
0.0
78,291
(6)
Freddie
Mac
REMIC
Trust
4323
IP,
4.500%,
08/15/2042
755
0.0
591,272
(6)
Freddie
Mac
REMIC
Trust
4332
PI,
5.000%,
12/15/2043
77,331
0.0
12,957,252
Freddie
Mac
REMIC
Trust
4335
XZ,
4.250%,
05/15/2044
12,198,861
0.6
7,213,137
Freddie
Mac
REMIC
Trust
4335
ZX,
4.250%,
05/15/2044
6,741,157
0.3
1,381,541
(3)(6)
Freddie
Mac
REMIC
Trust
4346
ST,
0.767%,
(-1.000*SOFR30A
+
6.086%),
07/15/2039
35,178
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
30
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
7,646,456
Freddie
Mac
REMIC
Trust
4348
ZX,
4.250%,
06/15/2044
$
7,296,119
0.3
1,921,484
(3)(6)
Freddie
Mac
REMIC
Trust
4386
LS,
0.667%,
(-1.000*SOFR30A
+
5.986%),
09/15/2044
166,451
0.0
1,880,602
(6)
Freddie
Mac
REMIC
Trust
4465
MI,
5.000%,
03/15/2041
307,188
0.0
6,303,099
(3)(6)
Freddie
Mac
REMIC
Trust
4675
KS,
0.567%,
(-1.000*SOFR30A
+
5.886%),
04/15/2047
626,911
0.0
3,655,719
(6)
Freddie
Mac
REMIC
Trust
4717
IB,
4.000%,
09/15/2047
729,607
0.0
1,804,411
Freddie
Mac
REMIC
Trust
4753
VZ,
3.000%,
12/15/2047
1,391,884
0.1
1,684,117
Freddie
Mac
REMIC
Trust
4755
Z,
3.000%,
02/15/2048
1,429,886
0.1
16,534,539
Freddie
Mac
REMIC
Trust
4771
HZ,
3.500%,
03/15/2048
14,738,010
0.7
721,318
Freddie
Mac
REMIC
Trust
4787
PY,
4.000%,
05/15/2048
662,537
0.0
5,539,519
(3)(6)
Freddie
Mac
REMIC
Trust
4845
S,
1.267%,
(-1.000*SOFR30A
+
6.586%),
12/15/2048
496,522
0.0
5,076,265
(3)(6)
Freddie
Mac
REMIC
Trust
4892
ES,
0.715%,
(-1.000*SOFR30A
+
6.036%),
07/25/2045
474,002
0.0
14,426,020
(3)(6)
Freddie
Mac
REMIC
Trust
4901
BS,
0.665%,
(-1.000*SOFR30A
+
5.986%),
07/25/2049
1,057,357
0.1
2,321,535
(6)
Freddie
Mac
REMIC
Trust
4953
AI,
4.000%,
02/25/2050
456,586
0.0
4,902,587
(6)
Freddie
Mac
REMIC
Trust
4988
IJ,
4.500%,
12/15/2047
897,097
0.0
11,493,419
(3)(6)
Freddie
Mac
REMIC
Trust
4995
SB,
0.665%,
(-1.000*SOFR30A
+
5.986%),
07/25/2050
1,253,625
0.1
4,008,522
(6)
Freddie
Mac
REMIC
Trust
5015
EI,
4.500%,
09/25/2050
904,469
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
50,325,040
(6)
Freddie
Mac
REMIC
Trust
5050
IM,
3.500%,
10/25/2050
$
9,645,388
0.4
33,380,883
(6)
Freddie
Mac
REMIC
Trust
5072
IU,
2.500%,
02/25/2051
5,244,394
0.2
26,883,989
(6)
Freddie
Mac
REMIC
Trust
5077
LI,
3.000%,
02/25/2051
4,061,181
0.2
15,724,779
(6)
Freddie
Mac
REMIC
Trust
5118
LI,
3.000%,
06/25/2041
1,760,685
0.1
12,643,960
(6)
Freddie
Mac
REMIC
Trust
5124
IQ,
3.500%,
07/25/2051
2,290,625
0.1
22,026,050
(6)
Freddie
Mac
REMIC
Trust
5171
DI,
3.000%,
12/25/2051
4,076,506
0.2
22,589,224
(6)
Freddie
Mac
REMIC
Trust
5211
IH,
3.500%,
04/25/2052
3,683,613
0.2
2,000,000
(1)(3)
Freddie
Mac
STACR
REMIC
Trust
2021-
DNA6
B1,
8.720%,
(SOFR30A
+
3.400%),
10/25/2041
2,072,800
0.1
1,000,000
(1)(3)
Freddie
Mac
STACR
REMIC
Trust
2021-
DNA7
B1,
8.970%,
(SOFR30A
+
3.650%),
11/25/2041
1,042,994
0.1
2,550,000
(1)(3)
Freddie
Mac
STACR
REMIC
Trust
2021-
HQA3
M2,
7.420%,
(SOFR30A
+
2.100%),
09/25/2041
2,561,378
0.1
2,400,000
(1)(3)
Freddie
Mac
STACR
REMIC
Trust
2021-
HQA4
M2,
7.670%,
(SOFR30A
+
2.350%),
12/25/2041
2,417,869
0.1
2,500,000
(1)(3)
Freddie
Mac
STACR
REMIC
Trust
2022-
DNA1
M2,
7.820%,
(SOFR30A
+
2.500%),
01/25/2042
2,546,596
0.1
1,800,000
(1)(3)
Freddie
Mac
STACR
REMIC
Trust
2022-
HQA1
M2,
10.570%,
(SOFR30A
+
5.250%),
03/25/2042
1,954,162
0.1
2,000,000
(1)(3)
Freddie
Mac
STACR
REMIC
Trust
2022-
HQA2
M2,
11.320%,
(SOFR30A
+
6.000%),
07/25/2042
2,230,263
0.1
1,400,000
(1)(3)
Freddie
Mac
STACR
REMIC
Trust
2022-
HQA3
M2,
10.670%,
(SOFR30A
+
5.350%),
08/25/2042
1,523,344
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
31
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
3,914,733
(6)
Freddie
Mac
Strips
228
IO,
6.000%,
02/01/2035
$
649,077
0.0
7,664,554
(3)(6)
Freddie
Mac
Strips
268
S5,
0.567%,
(-1.000*SOFR30A
+
5.886%),
08/15/2042
671,031
0.0
4,702,642
(3)(6)
Freddie
Mac
Strips
311
S1,
0.517%,
(-1.000*SOFR30A
+
5.836%),
08/15/2043
450,964
0.0
279,444
(3)(6)
Freddie
Mac
Strips
347
118,
4.500%,
02/15/2044
49,629
0.0
7,757,067
(3)(6)
Freddie
Mac
Strips
347
C29,
3.000%,
01/15/2044
1,079,943
0.1
6,639,949
(3)(6)
Freddie
Mac
Strips
347
C30,
3.500%,
02/15/2044
1,057,963
0.1
2,502,295
(3)(6)
Freddie
Mac
Strips
347
C31,
4.000%,
02/15/2044
409,516
0.0
5,621,581
(6)
Freddie
Mac
Strips
351
C1,
2.500%,
02/15/2031
271,359
0.0
3,905,492
(6)
Freddie
Mac
Strips
351
C11,
3.500%,
02/15/2031
284,557
0.0
5,077,138
(6)
Freddie
Mac
Strips
351
C12,
4.000%,
02/15/2031
416,099
0.0
3,770,809
(6)
Freddie
Mac
Strips
351
C13,
3.000%,
02/15/2031
236,688
0.0
6,030,327
(6)
Freddie
Mac
Strips
351
C2,
3.000%,
02/15/2031
363,187
0.0
4,938,309
(6)
Freddie
Mac
Strips
351
C7,
3.000%,
02/15/2031
292,506
0.0
5,561,836
(6)
Freddie
Mac
Strips
351
C8,
3.500%,
02/15/2031
406,755
0.0
1,694,038
(1)(3)
Freddie
Mac
Structured
Agency
Credit
Risk
Debt
Notes
2021-DNA2
M2,
7.620%,
(SOFR30A
+
2.300%),
08/25/2033
1,728,471
0.1
1,657,094
Freddie
Mac
Structured
Pass-Through
Certificates
T-54
2A,
6.500%,
02/25/2043
1,685,518
0.1
1,379,650
(3)
Freddie
Mac
Structured
Pass-Through
Certificates
T-62
1A1,
6.289%,
(12MTA
+
1.200%),
10/25/2044
1,251,185
0.1
303,312
(3)(6)
Ginnie
Mae
2005-
7
AH,
1.329%,
(-1.000*TSFR1M
+
6.656%),
02/16/2035
21,680
0.0
5,067,793
(3)(6)
Ginnie
Mae
2007-
35
KY,
1.009%,
(-1.000*TSFR1M
+
6.336%),
06/16/2037
434,848
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
168,086
(3)
Ginnie
Mae
2007-
8
SP,
4.399%,
(-1.000*TSFR1M
+
21.677%),
03/20/2037
$
190,116
0.0
1,022,308
(3)(6)
Ginnie
Mae
2008-
35
SN,
0.957%,
(-1.000*TSFR1M
+
6.286%),
04/20/2038
71,655
0.0
496,079
(3)(6)
Ginnie
Mae
2008-
40
PS,
1.059%,
(-1.000*TSFR1M
+
6.386%),
05/16/2038
32,591
0.0
4,386,716
(3)(6)
Ginnie
Mae
2009-
106
SU,
0.757%,
(-1.000*TSFR1M
+
6.086%),
05/20/2037
347,460
0.0
1,482,448
(3)(6)
Ginnie
Mae
2009-
25
KS,
0.757%,
(-1.000*TSFR1M
+
6.086%),
04/20/2039
131,852
0.0
728,770
Ginnie
Mae
2009-29
PB,
4.750%,
05/20/2039
722,055
0.0
779,612
Ginnie
Mae
2009-31
ZL,
4.500%,
05/20/2039
762,816
0.0
7,680,586
Ginnie
Mae
2009-33
ZB,
6.000%,
05/20/2039
7,843,900
0.4
685,019
(6)
Ginnie
Mae
2010-106
IP,
5.000%,
03/20/2040
48,964
0.0
780,791
(3)(6)
Ginnie
Mae
2010-
116
NS,
1.209%,
(-1.000*TSFR1M
+
6.536%),
09/16/2040
51,512
0.0
2,770,852
(3)(6)
Ginnie
Mae
2010-
116
SK,
1.177%,
(-1.000*TSFR1M
+
6.506%),
08/20/2040
222,758
0.0
1,787,490
(3)(6)
Ginnie
Mae
2010-
149
HS,
0.659%,
(-1.000*TSFR1M
+
5.986%),
05/16/2040
18,545
0.0
888,991
(3)(6)
Ginnie
Mae
2010-
4
SP,
1.059%,
(-1.000*TSFR1M
+
6.386%),
01/16/2039
19,202
0.0
1,399,486
Ginnie
Mae
2010-59
ZA,
4.500%,
05/20/2040
1,369,794
0.1
287,096
(6)
Ginnie
Mae
2010-6
IA,
5.000%,
11/20/2039
11,935
0.0
962,874
(3)(6)
Ginnie
Mae
2010-
68
MS,
0.407%,
(-1.000*TSFR1M
+
5.736%),
06/20/2040
72,484
0.0
2,287,139
(6)
Ginnie
Mae
2010-9
JI,
5.000%,
01/20/2040
475,429
0.0
269,316
(6)
Ginnie
Mae
2011-116
BI,
4.000%,
08/16/2026
4,723
0.0
11,803
Ginnie
Mae
2011-
169
BC,
7.000%,
05/16/2032
12,052
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
32
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
2,300,122
(3)(6)
Ginnie
Mae
2011-
80
KS,
1.227%,
(-1.000*TSFR1M
+
6.556%),
06/20/2041
$
234,628
0.0
42,008
(6)
Ginnie
Mae
2012-40
NI,
4.500%,
05/20/2040
2,470
0.0
4,465,389
(6)
Ginnie
Mae
2013-167
PI,
5.500%,
11/20/2043
682,445
0.0
4,391,485
(6)
Ginnie
Mae
2013-184
JI,
5.500%,
12/16/2043
932,851
0.1
347,160
Ginnie
Mae
2013-
26
GU,
1.500%,
04/20/2042
311,485
0.0
352,632
Ginnie
Mae
2013-26
JC,
2.000%,
01/20/2043
310,324
0.0
151,280
Ginnie
Mae
2013-69
KA,
1.250%,
08/20/2042
130,834
0.0
113,967
Ginnie
Mae
2013-8
BE,
1.750%,
11/20/2042
96,359
0.0
3,626,320
Ginnie
Mae
2014-3
EP,
2.750%,
02/16/2043
3,355,443
0.2
3,859,682
(3)(6)
Ginnie
Mae
2014-
3
SU,
0.607%,
(-1.000*TSFR1M
+
5.936%),
07/20/2039
300,840
0.0
4,899,600
(3)(6)
Ginnie
Mae
2014-
55
MS,
0.759%,
(-1.000*TSFR1M
+
6.086%),
04/16/2044
405,011
0.0
3,550,810
(3)(6)
Ginnie
Mae
2014-
56
SP,
0.759%,
(-1.000*TSFR1M
+
6.086%),
12/16/2039
217,040
0.0
4,397,709
(3)(6)
Ginnie
Mae
2014-
58
CS,
0.159%,
(-1.000*TSFR1M
+
5.486%),
04/16/2044
202,936
0.0
5,625,679
(6)
Ginnie
Mae
2014-79
BI,
6.000%,
05/16/2044
1,019,458
0.1
2,175,417
(3)(6)
Ginnie
Mae
2014-
99
S,
0.157%,
(-1.000*TSFR1M
+
5.486%),
06/20/2044
165,335
0.0
1,069,738
Ginnie
Mae
2018-112
AL,
3.500%,
08/20/2048
965,716
0.1
1,242,104
Ginnie
Mae
2018-126
A,
3.500%,
09/20/2048
1,126,374
0.1
24,474,056
(3)(6)
Ginnie
Mae
2019-
143
SC,
0.607%,
(-1.000*TSFR1M
+
5.936%),
04/20/2046
2,446,392
0.1
25,367,388
(6)
Ginnie
Mae
2021-228
IG,
3.000%,
12/20/2051
4,016,173
0.2
11,399,435
(6)
Ginnie
Mae
2021-41
MI,
2.000%,
03/20/2051
1,260,054
0.1
11,568,132
(6)
Ginnie
Mae
2021-87
ID,
2.500%,
05/20/2051
1,573,225
0.1
158,793
(1)(3)
GS
Mortgage-Backed
Securities
Corp.
Trust
2019-PJ2
A1,
4.000%,
11/25/2049
147,094
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
919,057
(1)(3)
GS
Mortgage-Backed
Securities
Trust
2023-
PJ4
A3,
6.000%,
01/25/2054
$
919,079
0.1
1,331
GSR
Mortgage
Loan
Trust
2003-2F
3A1,
6.000%,
03/25/2032
1,308
0.0
31,983
(3)
HarborView
Mortgage
Loan
Trust
2005-
2
2A1A,
5.881%,
(TSFR1M
+
0.554%),
05/19/2035
28,849
0.0
70,034
(3)
HomeBanc
Mortgage
Trust
2004-1
2A,
6.304%,
(TSFR1M
+
0.974%),
08/25/2029
67,181
0.0
1,462,754
(3)
IndyMac
INDX
Mortgage
Loan
Trust
2006-AR2
2A1,
5.864%,
(TSFR1M
+
0.534%),
02/25/2046
1,035,453
0.1
1,172,311
(1)(3)
J.P.
Morgan
Mortgage
Trust
2024-1
A9,
6.000%,
06/25/2054
1,153,976
0.1
3,464
(3)
JP
Morgan
Mortgage
Trust
2005-A1
6T1,
5.315%,
02/25/2035
3,185
0.0
33,947
(3)
JP
Morgan
Mortgage
Trust
2007-A1
5A5,
5.516%,
07/25/2035
33,152
0.0
920,815
(1)(3)
JP
Morgan
Mortgage
Trust
2017-6
B3,
3.777%,
12/25/2048
810,872
0.0
1,425,968
(1)(3)
JP
Morgan
Mortgage
Trust
2018-1
B1,
3.609%,
06/25/2048
1,260,535
0.1
1,425,900
(1)(3)
JP
Morgan
Mortgage
Trust
2018-1
B2,
3.609%,
06/25/2048
1,256,976
0.1
1,763,323
(1)(3)
JP
Morgan
Mortgage
Trust
2018-1
B3,
3.609%,
06/25/2048
1,529,826
0.1
1,820,159
(1)(3)
JP
Morgan
Mortgage
Trust
2019-8
B3A,
3.424%,
03/25/2050
1,518,310
0.1
1,315,224
(1)(3)
JP
Morgan
Mortgage
Trust
2020-8
B2,
3.504%,
03/25/2051
1,119,715
0.1
1,745,760
(1)(3)
JP
Morgan
Mortgage
Trust
2020-8
B3,
3.504%,
03/25/2051
1,501,075
0.1
6,478,225
(3)(6)
Lehman
Mortgage
Trust
2006-9
2A5,
1.176%,
(-1.000*TSFR1M
+
6.506%),
01/25/2037
603,927
0.0
24,698
(3)
Merrill
Lynch
Mortgage
Investors
Trust
MLMI
Series
2003-A3
1A,
5.420%,
05/25/2033
23,568
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
33
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
10,619
(3)
Merrill
Lynch
Mortgage
Investors
Trust
Series
MLCC
2005-3
5A,
5.944%,
(TSFR1M
+
0.614%),
11/25/2035
$
9,893
0.0
2,000,000
(3)
Morgan
Stanley
Mortgage
Loan
Trust
2005-5AR
1B1,
7.244%,
(TSFR1M
+
1.914%),
09/25/2035
1,985,934
0.1
1,115,026
(1)(3)
New
Residential
Mortgage
Loan
Trust
2017-3A
B2,
4.750%,
04/25/2057
1,067,800
0.1
10,433
(1)(3)
Nomura
Asset
Acceptance
Corp.
Alternative
Loan
Trust
Series
2001-R1A
A,
7.000%,
02/19/2030
10,091
0.0
2,900,000
(1)(3)
Oaktown
Re
VII
Ltd.
2021-2
M1C,
8.670%,
(SOFR30A
+
3.350%),
04/25/2034
2,958,833
0.1
933,645,768
(1)(6)
PMTT4
2017-PM1
XIO,
13.000%,
10/25/2048
3,561,065
0.2
317,010
Prime
Mortgage
Trust
2007-1
A4,
5.500%,
03/25/2037
265,869
0.0
1,082
RFMSI
Series
Trust
2003-S9
A1,
6.500%,
03/25/2032
1,052
0.0
1,409,780
Seasoned
Credit
Risk
Transfer
Trust
2017-
4
M45T,
4.500%,
06/25/2057
1,361,158
0.1
614,274
Seasoned
Credit
Risk
Transfer
Trust
Series
2018-2
HT,
3.000%,
11/25/2057
527,914
0.0
813,308
Seasoned
Credit
Risk
Transfer
Trust
Series
2018-3
HT,
3.000%,
08/25/2057
694,045
0.0
644,044
Seasoned
Credit
Risk
Transfer
Trust
Series
2018-4
HT,
3.000%,
03/25/2058
550,555
0.0
650,984
Seasoned
Credit
Risk
Transfer
Trust
Series
2019-1
HT,
3.000%,
07/25/2058
557,935
0.0
835,869
Seasoned
Credit
Risk
Transfer
Trust
Series
2019-2
HT,
3.000%,
08/25/2058
718,993
0.0
171,067
Seasoned
Credit
Risk
Transfer
Trust
Series
2019-3
HT,
3.000%,
10/25/2058
146,514
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
20,649
(3)
Sequoia
Mortgage
Trust
2003-4
2A1,
6.143%,
(TSFR1M
+
0.814%),
07/20/2033
$
20,016
0.0
8,362
(3)
Sequoia
Mortgage
Trust
2005-4
2A1,
6.168%,
04/20/2035
8,207
0.0
532,451
(1)(3)
Sequoia
Mortgage
Trust
2015-2
B3,
3.756%,
05/25/2045
452,366
0.0
774,636
(1)(3)
Sequoia
Mortgage
Trust
2015-3
B3,
3.726%,
07/25/2045
558,625
0.0
86,500
(1)(3)
Sequoia
Mortgage
Trust
2018-CH1
A19,
4.000%,
03/25/2048
79,810
0.0
1,911,519
(1)(3)
Sequoia
Mortgage
Trust
2020-3
B3,
3.320%,
04/25/2050
1,575,158
0.1
698,000
(1)(3)
Starwood
Mortgage
Residential
Trust
2020-1
M1,
2.878%,
02/25/2050
607,662
0.0
431,756
(3)
Structured
Adjustable
Rate
Mortgage
Loan
Trust
2005-7
4A,
6.049%,
04/25/2035
390,673
0.0
24,101
(3)
Structured
Adjustable
Rate
Mortgage
Loan
Trust
Series
2005-
17
3A1,
4.728%,
08/25/2035
20,472
0.0
71,705
(3)
Structured
Asset
Mortgage
Investments
II
Trust
2005-AR5
A2,
5.941%,
(TSFR1M
+
0.614%),
07/19/2035
69,731
0.0
47,195
(3)
Structured
Asset
Mortgage
Investments
II
Trust
2005-AR5
A3,
5.941%,
(TSFR1M
+
0.614%),
07/19/2035
44,175
0.0
102,652
(3)
Thornburg
Mortgage
Securities
Trust
2006-5
A1,
5.306%,
10/25/2046
95,622
0.0
6,500,000
(1)(3)
Triangle
Re
Ltd.
2021-3
M1B,
8.220%,
(SOFR30A
+
2.900%),
02/25/2034
6,544,188
0.3
1,256,454
(1)(3)
Verus
Securitization
Trust
2021-4
A1,
0.938%,
07/25/2066
998,313
0.1
3,060
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2002-AR2
A,
4.397%,
(ECOFC
+
1.250%),
02/27/2034
2,862
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
34
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
10,444
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2002-AR9
1A,
6.489%,
(12MTA
+
1.400%),
08/25/2042
$
9,816
0.0
15,583
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2005-AR1
A1A,
6.084%,
(TSFR1M
+
0.754%),
01/25/2045
15,024
0.0
29,022,223
(3)(6)
WaMu
Mortgage
Pass-
Through
Certificates
2005-AR11
X,
1.410%,
08/25/2045
28,147
0.0
387,434
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2006-AR12
1A1,
4.480%,
10/25/2036
344,014
0.0
356,272
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2006-AR12
2A3,
3.794%,
10/25/2036
313,938
0.0
657,968
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2006-AR16
2A1,
4.364%,
12/25/2036
566,885
0.0
190,635
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2006-AR7
3A,
6.137%,
(12MTA
+
1.048%),
07/25/2046
157,115
0.0
1,326,375
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2006-AR8
1A4,
4.384%,
08/25/2046
1,157,659
0.1
1,170,489
(3)
WaMu
Mortgage
Pass-
Through
Certificates
2007-HY7
2A2,
3.781%,
07/25/2037
944,410
0.1
690,793
(3)
WaMu
Mortgage
Pass-
Through
Certificates
Series
Trust
2005-
AR13
A1C3,
6.424%,
(TSFR1M
+
1.094%),
10/25/2045
650,623
0.0
1,131,047
(3)
Washington
Mutual
Mortgage
Pass-Through
Certificates
WMALT
2006-AR10
A1,
5.644%,
(TSFR1M
+
0.314%),
12/25/2036
542,301
0.0
123,360
Washington
Mutual
Mortgage
Pass-
Through
Certificates
WMALT
Series
Trust
2005-8
1A2,
5.500%,
10/25/2035
108,638
0.0
675,150
(3)
Wells
Fargo
Alternative
Loan
Trust
2007-PA2
2A1,
5.874%,
(TSFR1M
+
0.544%),
06/25/2037
549,769
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
COLLATERALIZED
MORTGAGE
OBLIGATIONS:
(continued)
46,820
(3)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2005-AR7
1A1,
4.863%,
05/25/2035
$
47,231
0.0
132,089
(3)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2006-AR4
2A4,
6.185%,
04/25/2036
123,511
0.0
525,367
(1)(3)
WinWater
Mortgage
Loan
Trust
2015-5
B4,
3.754%,
08/20/2045
472,580
0.0
Total
Collateralized
Mortgage
Obligations
(Cost
$362,709,768)
317,214,445
14.1
ASSET-BACKED
SECURITIES
:
10.6%
Automobile
Asset-Backed
Securities
:
0.3%
1,750,000
(1)
Bayview
Opportunity
Master
Fund
VII
Trust
2024-SN1
A3,
5.660%,
03/15/2028
1,752,424
0.1
2,050,000
Exeter
Automobile
Receivables
Trust
2024-1A
B,
5.290%,
08/15/2028
2,044,260
0.1
350,000
(1)
GLS
Auto
Receivables
Issuer
Trust
2021-4A
C,
1.940%,
10/15/2027
342,025
0.0
2,750,000
(1)
GM
Financial
Revolving
Receivables
Trust
2024-1
A,
4.980%,
12/11/2036
2,766,079
0.1
6,904,788
0.3
Home
Equity
Asset-Backed
Securities
:
0.1%
1,022,709
(1)(3)
ACE
Securities
Corp.
Mortgage
Loan
Trust
Series
2007-D1
A2,
6.336%,
02/25/2038
793,243
0.1
113,641
(3)
Morgan
Stanley
ABS
Capital
I,
Inc.
Trust
2005-NC2
M4,
6.359%,
(TSFR1M
+
1.029%),
03/25/2035
113,108
0.0
41,629
(3)
Renaissance
Home
Equity
Loan
Trust
2003-2
A,
4.304%,
(TSFR1M
+
0.994%),
08/25/2033
37,999
0.0
555,017
(3)
Renaissance
Home
Equity
Loan
Trust
2005-3
AF4,
5.140%,
11/25/2035
547,266
0.0
1,491,616
0.1
Other
Asset-Backed
Securities
:
9.3%
2,000,000
(1)(3)
AGL
CLO
12
Ltd.
2021-12A
C,
7.429%,
(TSFR3M
+
2.112%),
07/20/2034
1,994,972
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
35
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
ASSET-BACKED
SECURITIES:
(continued)
Other
Asset-Backed
Securities:
(continued)
2,362,339
(1)(3)(6)(7)
American
Homes
4
Rent
Trust
2015-
SFR1
XS,
3.232%,
04/17/2052
$
—
—
4,250,000
(1)(3)
Apidos
Clo
Xxv
2016-
25A
A1R2,
6.458%,
(TSFR3M
+
1.150%),
10/20/2031
4,253,936
0.2
5,000,000
(1)(3)
Arbor
Realty
Commercial
Real
Estate
Notes
Ltd.
2021-FL4
A,
6.790%,
(TSFR1M
+
1.464%),
11/15/2036
4,973,556
0.2
2,740,000
(1)(3)
ARES
LII
CLO
Ltd.
2019-52A
A1R,
6.629%,
(TSFR3M
+
1.312%),
04/22/2031
2,743,030
0.1
1,578,862
(1)(3)
Bain
Capital
Credit
CLO
Ltd.
2017-1A
A1R,
6.549%,
(TSFR3M
+
1.232%),
07/20/2030
1,579,505
0.1
3,470,000
(1)(3)
Barings
CLO
Ltd.
2017-1A
A2,
6.910%,
(TSFR3M
+
1.612%),
07/18/2029
3,471,652
0.2
4,393,000
(1)(3)
Barings
CLO
Ltd.
2018-3A
A2,
6.879%,
(TSFR3M
+
1.562%),
07/20/2029
4,394,542
0.2
720,417
(1)
Beacon
Container
Finance
II
LLC
2021-1A
A,
2.250%,
10/22/2046
643,838
0.0
352,377
(3)
Bear
Stearns
Asset
Backed
Securities
Trust
2006-SD4
1A1,
5.724%,
10/25/2036
348,724
0.0
1,950,000
(1)(3)
Benefit
Street
Partners
CLO
XVIII
Ltd.
2019-
18A
A2R,
7.026%,
(TSFR3M
+
1.712%),
10/15/2034
1,950,571
0.1
5,700,000
(1)(3)
BlueMountain
CLO
Ltd.
2016-3A
A1R2,
(TSFR3M
+
1.200%),
11/15/2030
5,705,290
0.2
1,450,000
(1)(3)
BlueMountain
CLO
XXVIII
Ltd.
2021-28A
C,
7.576%,
(TSFR3M
+
2.262%),
04/15/2034
1,435,606
0.1
5,000,000
(1)(3)
BlueMountain
CLO
XXXI
Ltd.
2021-31A
C,
7.571%,
(TSFR3M
+
2.262%),
04/19/2034
4,954,180
0.2
2,308,875
(1)
Bojangles
Issuer
LLC
2020-1A
A2,
3.832%,
10/20/2050
2,180,528
0.1
3,490,000
(1)(3)
Broad
River
Bsl
Funding
Clo
Ltd.
2020-1A
AR,
6.749%,
(TSFR3M
+
1.432%),
07/20/2034
3,491,748
0.2
Principal
Amount†
Value
Percentage
of
Net
Assets
ASSET-BACKED
SECURITIES:
(continued)
Other
Asset-Backed
Securities:
(continued)
3,000,000
(1)(3)
Broad
River
Bsl
Funding
Clo
Ltd.
2020-1A
CR,
7.579%,
(TSFR3M
+
2.262%),
07/20/2034
$
3,002,328
0.1
1,750,000
(1)(3)
California
Street
CLO
IX
L.P.
2012-9A
CR3,
8.076%,
(TSFR3M
+
2.762%),
07/16/2032
1,730,043
0.1
1,294,675
(1)(3)
Carlyle
Global
Market
Strategies
CLO
Ltd.
2014-1A
A1R2,
6.548%,
(TSFR3M
+
1.232%),
04/17/2031
1,295,135
0.1
2,400,000
(1)(3)
Carlyle
Global
Market
Strategies
CLO
Ltd.
2014-1A
A2R2,
6.708%,
(TSFR3M
+
1.392%),
04/17/2031
2,400,535
0.1
6,650,000
(1)(3)
Carlyle
Global
Market
Strategies
CLO
Ltd.
2015-4A
A1RR,
(TSFR3M
+
1.220%),
07/20/2032
6,654,988
0.3
5,500,000
(1)(3)
Carlyle
Global
Market
Strategies
CLO
Ltd.
2016-1A
BR2,
7.629%,
(TSFR3M
+
2.312%),
04/20/2034
5,489,429
0.2
3,250,000
(1)(3)
Cedar
Funding
IV
CLO
Ltd.
2014-4A
CRR,
7.577%,
(TSFR3M
+
2.262%),
07/23/2034
3,236,870
0.1
3,000,000
(1)(3)
Cedar
Funding
VIII
Clo
Ltd.
2017-8A
A2R,
7.028%,
(TSFR3M
+
1.712%),
10/17/2034
3,000,219
0.1
30,179
(3)
Chase
Funding
Trust
Series
2002-4
2A1,
6.184%,
(TSFR1M
+
0.854%),
10/25/2032
29,668
0.0
106,708
(3)
Chase
Funding
Trust
Series
2003-5
2A2,
6.044%,
(TSFR1M
+
0.714%),
07/25/2033
104,143
0.0
1,522,907
(1)(3)
CIFC
Funding
Ltd.
2017-3A
A1,
6.799%,
(TSFR3M
+
1.482%),
07/20/2030
1,523,755
0.1
1,759,028
(1)(3)
CIFC
Funding
Ltd.
2018-2A
A1,
6.619%,
(TSFR3M
+
1.302%),
04/20/2031
1,759,881
0.1
940,853
(1)
CLI
Funding
VIII
LLC
2022-1A
A,
2.720%,
01/18/2047
839,966
0.0
907,250
(1)
DB
Master
Finance
LLC
2019-1A
A23,
4.352%,
05/20/2049
866,754
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
36
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
ASSET-BACKED
SECURITIES:
(continued)
Other
Asset-Backed
Securities:
(continued)
477,500
(1)
DB
Master
Finance
LLC
2019-1A
A2II,
4.021%,
05/20/2049
$
462,638
0.0
288,000
(1)
Domino's
Pizza
Master
Issuer
LLC
2019-1A
A2,
3.668%,
10/25/2049
265,604
0.0
1,330,000
(1)
Driven
Brands
Funding
LLC
2019-1A
A2,
4.641%,
04/20/2049
1,290,427
0.1
1,000,000
(1)(3)
Dryden
38
Senior
Loan
Fund
2015-38A
ARR,
6.475%,
(TSFR3M
+
1.150%),
07/15/2030
1,000,457
0.0
7,123,247
(1)(3)
FS
Rialto
2021-FL3
A,
6.691%,
(TSFR1M
+
1.364%),
11/16/2036
7,106,087
0.3
1,403,339
(1)(3)
Goldentree
Loan
Management
US
Clo
2
Ltd.
2017-2A
AR,
6.489%,
(TSFR3M
+
1.172%),
11/20/2030
1,403,784
0.1
96,881
(3)
GSAMP
Trust
2007-
FM1
A2A,
5.514%,
(TSFR1M
+
0.184%),
12/25/2036
46,793
0.0
768,110
(1)
HERO
Funding
Trust
2015-2A
A,
3.990%,
09/20/2040
702,079
0.0
500,000
(1)(3)
HGI
CRE
CLO
Ltd.
2022-FL3
A,
7.019%,
(SOFR30A
+
1.700%),
04/20/2037
500,017
0.0
10,000,000
(1)(3)
LCM
26
Ltd.
26A
A2,
6.829%,
(TSFR3M
+
1.512%),
01/20/2031
10,004,420
0.4
2,050,000
(1)(3)
LCM
30
Ltd.
30A
AR,
6.659%,
(TSFR3M
+
1.342%),
04/20/2031
2,051,074
0.1
2,450,000
(1)(3)
LCM
30
Ltd.
30A
CR,
7.579%,
(TSFR3M
+
2.262%),
04/20/2031
2,392,356
0.1
58,753
(3)
Long
Beach
Mortgage
Loan
Trust
2004-4
1A1,
6.004%,
(TSFR1M
+
0.674%),
10/25/2034
56,429
0.0
2,090,000
(1)(3)
Madison
Park
Funding
XLVIII
Ltd.
2021-48A
C,
7.571%,
(TSFR3M
+
2.262%),
04/19/2033
2,093,018
0.1
1,650,000
(1)(3)
Madison
Park
Funding
XXI
Ltd.
2016-21A
ABRR,
6.976%,
(TSFR3M
+
1.662%),
10/15/2032
1,650,780
0.1
3,850,000
(1)(3)
Magnetite
XII
Ltd.
2015-12A
AR4,
6.472%,
(TSFR3M
+
1.150%),
10/15/2031
3,853,573
0.2
Principal
Amount†
Value
Percentage
of
Net
Assets
ASSET-BACKED
SECURITIES:
(continued)
Other
Asset-Backed
Securities:
(continued)
8,230,000
(1)(3)
Magnetite
XXXI
Ltd.
2021-31A
A1,
6.676%,
(TSFR3M
+
1.362%),
07/15/2034
$
8,237,316
0.4
3,532,000
(1)(3)
MF1
Ltd.
2021-FL7
AS,
6.891%,
(TSFR1M
+
1.564%),
10/16/2036
3,470,658
0.2
2,429,516
(1)(3)
MF1
Ltd.
2022-FL8
A,
6.676%,
(TSFR1M
+
1.350%),
02/19/2037
2,415,623
0.1
1,115,109
(1)
Mosaic
Solar
Loan
Trust
2018-1A
A,
4.010%,
06/22/2043
1,044,869
0.0
342,050
(1)
Mosaic
Solar
Loan
Trust
2018-2GS
B,
4.740%,
02/22/2044
305,829
0.0
1,296,199
(1)
Mosaic
Solar
Loans
LLC
2017-2A
A,
3.820%,
06/22/2043
1,211,082
0.0
1,729,936
(1)(3)
Neuberger
Berman
CLO
XVII
Ltd.
2014-
17A
AR2,
6.609%,
(TSFR3M
+
1.292%),
04/22/2029
1,730,916
0.1
1,450,000
(1)(3)
OCP
Clo
Ltd.
2019-17A
A1R,
6.619%,
(TSFR3M
+
1.302%),
07/20/2032
1,450,964
0.1
5,050,000
(1)(3)
OCP
CLO
Ltd.
2021-
21A
C,
7.479%,
(TSFR3M
+
2.162%),
07/20/2034
5,011,100
0.2
3,540,000
(1)(3)
Octagon
Investment
Partners
29
Ltd.
2016-1A
AR,
6.760%,
(TSFR3M
+
1.442%),
01/24/2033
3,543,590
0.2
4,000,000
(1)(3)
Octagon
Investment
Partners
XV
Ltd.
2013-1A
A2R,
6.921%,
(TSFR3M
+
1.612%),
07/19/2030
3,993,872
0.2
1,500,000
(1)(3)
OHA
Credit
Funding
8
Ltd.
2021-8A
C,
7.460%,
(TSFR3M
+
2.162%),
01/18/2034
1,501,926
0.1
1,800,000
(1)(3)
OHA
Credit
Funding
9
Ltd.
2021-9A
C,
7.471%,
(TSFR3M
+
2.162%),
07/19/2035
1,802,380
0.1
4,000,000
(1)(3)
Palmer
Square
CLO
Ltd.
2013-2A
BR3,
7.428%,
(TSFR3M
+
2.112%),
10/17/2031
4,004,944
0.2
7,000,000
(1)(3)
Palmer
Square
CLO
Ltd.
2021-2A
C,
7.376%,
(TSFR3M
+
2.062%),
07/15/2034
6,990,550
0.3
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
37
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
ASSET-BACKED
SECURITIES:
(continued)
Other
Asset-Backed
Securities:
(continued)
2,000,000
(1)(3)
Palmer
Square
CLO
Ltd.
2021-3A
A2,
6.976%,
(TSFR3M
+
1.662%),
01/15/2035
$
2,001,306
0.1
129,899
(3)
Popular
ABS
Mortgage
Pass-Through
Trust
2005-D
A5,
3.520%,
01/25/2036
127,801
0.0
2,450,000
(1)(3)
Rockland
Park
CLO
Ltd.
2021-1A
C,
7.479%,
(TSFR3M
+
2.162%),
04/20/2034
2,435,435
0.1
50,121
(3)
Securitized
Asset
Backed
Receivables
LLC
Trust
2006-WM4
A2A,
5.604%,
(TSFR1M
+
0.274%),
11/25/2036
13,553
0.0
1,494,458
(1)
Sonic
Capital
LLC
2020-1A
A2I,
3.845%,
01/20/2050
1,416,915
0.1
2,600,000
(1)(3)
Sound
Point
CLO
XXIX
Ltd.
2021-1A
C1,
7.886%,
(TSFR3M
+
2.562%),
04/25/2034
2,596,350
0.1
2,800,000
(1)(3)
Sound
Point
CLO
XXVI
Ltd.
2020-1A
C1R,
7.779%,
(TSFR3M
+
2.462%),
07/20/2034
2,794,350
0.1
1,753,722
(1)
Sunrun
Athena
Issuer
LLC
2018-1
A,
5.310%,
04/30/2049
1,682,140
0.1
8,200,000
(1)(3)
Symphony
CLO
XXV
Ltd.
2021-25A
C,
7.621%,
(TSFR3M
+
2.312%),
04/19/2034
8,118,426
0.4
2,210,625
(1)
Taco
Bell
Funding
LLC
2021-1A
A23,
2.542%,
08/25/2051
1,830,424
0.1
6,000,000
(1)(3)
TCW
CLO
Ltd.
2020-
1A
CRR,
7.629%,
(TSFR3M
+
2.312%),
04/20/2034
5,976,282
0.3
7,100,000
(1)(3)
TCW
CLO
Ltd.
2023-1A
C,
8.820%,
(TSFR3M
+
3.500%),
04/28/2036
7,151,290
0.3
7,000,000
(1)(3)
THL
Credit
Wind
River
CLO
Ltd.
2017-3A
CR,
8.076%,
(TSFR3M
+
2.762%),
04/15/2035
7,008,729
0.3
7,000,000
(1)(3)
Trinitas
Clo
VII
Ltd.
2017-7A
A1R,
6.786%,
(TSFR3M
+
1.462%),
01/25/2035
7,003,073
0.3
1,043,000
(1)
Triton
Container
Finance
VIII
LLC
2021-1A
A,
1.860%,
03/20/2046
916,985
0.0
Principal
Amount†
Value
Percentage
of
Net
Assets
ASSET-BACKED
SECURITIES:
(continued)
Other
Asset-Backed
Securities:
(continued)
70,504
United
States
Small
Business
Administration
2007-20L
1,
5.290%,
12/01/2027
$
69,682
0.0
208,793,288
9.3
Student
Loan
Asset-Backed
Securities
:
0.9%
373,871
(1)
Commonbond
Student
Loan
Trust
2018-BGS
B,
3.990%,
09/25/2045
348,439
0.0
320,226
(1)
Commonbond
Student
Loan
Trust-GS
2017-
BGS
B,
3.260%,
09/25/2042
284,899
0.0
253,908
(1)
Commonbond
Student
Loan
Trust-GS
2018-
AGS
A1,
3.210%,
02/25/2044
236,133
0.0
1,651,468
(1)
Navient
Private
Education
Refi
Loan
Trust
2018-A
B,
3.680%,
02/18/2042
1,574,793
0.1
1,550,000
(1)
SMB
Private
Education
Loan
Trust
2014-A
C,
4.500%,
09/15/2045
1,351,859
0.1
1,500,000
(1)
SMB
Private
Education
Loan
Trust
2017-A
B,
3.500%,
06/17/2041
1,410,719
0.1
617,208
(1)
SMB
Private
Education
Loan
Trust
2019-
B
A2A,
2.840%,
06/15/2037
588,493
0.0
2,000,000
(1)
SMB
Private
Education
Loan
Trust
2024-
A
A1A,
5.240%,
03/15/2056
2,009,661
0.1
590,428
(1)
SMB
Private
Education
Loan
Trust-A
2020-
PTA
A2A,
1.600%,
09/15/2054
538,398
0.0
2,270,272
(1)(3)
Sofi
Professional
Loan
Program
LLC
2017-C
B,
3.560%,
07/25/2040
2,186,034
0.1
2,200,000
(1)
Sofi
Professional
Loan
Program
LLC
2018-A
B,
3.610%,
02/25/2042
2,000,135
0.1
2,100,000
(1)
SoFi
Professional
Loan
Program
LLC
2017-F
BFX,
3.620%,
01/25/2041
1,903,330
0.1
5,000,000
(1)
Sofi
Professional
Loan
Program
Trust
2018-B
BFX,
3.830%,
08/25/2047
4,573,036
0.2
415,547
(1)
Sofi
Professional
Loan
Program
Trust
2018-
C
A2FX,
3.590%,
01/25/2048
403,474
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
38
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
ASSET-BACKED
SECURITIES:
(continued)
Student
Loan
Asset-Backed
Securities:
(continued)
1,000,000
(1)
Sofi
Professional
Loan
Program
Trust
2018-D
BFX,
4.140%,
02/25/2048
$
907,680
0.0
20,317,083
0.9
Total
Asset-Backed
Securities
(Cost
$240,114,734)
237,506,775
10.6
COMMERCIAL
MORTGAGE-BACKED
SECURITIES
:
7.1%
1,971,929
(1)(3)
AREIT
LLC
2023-CRE8
A,
7.438%,
(TSFR1M
+
2.112%),
08/17/2041
1,978,214
0.1
12,095,721
(3)(6)
BANK
2019-BN16
XA,
0.940%,
02/15/2052
439,906
0.0
50,091,385
(3)(6)
BANK
2019-BN19
XA,
0.940%,
08/15/2061
1,941,552
0.1
22,800,000
(1)(3)(6)
BBCCRE
Trust
2015-
GTP
XA,
0.597%,
08/10/2033
156,828
0.0
26,545,700
(3)(6)
Benchmark
Mortgage
Trust
2019-B12
XA,
1.024%,
08/15/2052
1,025,776
0.0
1,000,000
(3)
Benchmark
Mortgage
Trust
2019-B14
C,
3.772%,
12/15/2062
742,199
0.0
18,673,185
(3)(6)
Benchmark
Mortgage
Trust
2019-B9
XA,
1.015%,
03/15/2052
700,566
0.0
1,700,000
(1)(3)
BIG
Commercial
Mortgage
Trust
2022-
BIG
B,
7.067%,
(TSFR1M
+
1.741%),
02/15/2039
1,681,219
0.1
2,500,000
(1)(3)
BLP
Commercial
Mortgage
Trust
2024-
IND2
C,
7.217%,
(TSFR1M
+
1.891%),
03/15/2041
2,505,007
0.1
3,537,000
(1)(8)
BMD2
Re-Remic
Trust
2019-FRR1
3AB,
0.000%,
05/25/2052
2,554,934
0.1
1,348,000
(1)
BMD2
Re-Remic
Trust
2019-FRR1
6B10,
2.449%,
05/25/2052
1,045,262
0.1
1,000,000
(1)(3)
BOCA
Commercial
Mortgage
Trust
2022-
BOCA
A,
7.095%,
(TSFR1M
+
1.770%),
05/15/2039
1,002,156
0.0
383,131
(1)(3)
BX
2021-MFM1
D,
6.939%,
(TSFR1M
+
1.614%),
01/15/2034
379,178
0.0
2,940,000
(1)(3)
BX
Commercial
Mortgage
Trust
2021-
21M
E,
7.610%,
(TSFR1M
+
2.285%),
10/15/2036
2,903,361
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
COMMERCIAL
MORTGAGE-BACKED
SECURITIES:
(continued)
2,000,000
(1)(3)
BX
Commercial
Mortgage
Trust
2024-MF
D,
8.015%,
(TSFR1M
+
2.690%),
02/15/2039
$
2,004,549
0.1
5,000,000
(1)(3)
BX
Commercial
Mortgage
Trust
2024-
XL5
C,
7.241%,
(TSFR1M
+
1.941%),
03/15/2041
5,004,147
0.2
2,500,000
(1)(3)
BX
Trust
2019-ATL
B,
6.827%,
(TSFR1M
+
1.501%),
10/15/2036
2,482,348
0.1
5,000,000
(1)(3)
BX
Trust
2021-ARIA
A,
6.339%,
(TSFR1M
+
1.014%),
10/15/2036
4,954,160
0.2
1,000,000
(1)(3)
BX
Trust
2023-DELC
A,
8.015%,
(TSFR1M
+
2.690%),
05/15/2038
1,014,629
0.0
5,000,000
(1)(3)
BX
Trust
2024-BIO
B,
7.266%,
(TSFR1M
+
1.941%),
02/15/2041
5,010,133
0.2
16,459,329
(3)(6)
CD
Mortgage
Trust
2016-CD1
XA,
1.357%,
08/10/2049
345,666
0.0
4,500,000
CD
Mortgage
Trust
2018-CD7
A4,
4.279%,
08/15/2051
4,267,656
0.2
750,000
(3)
CFCRE
Commercial
Mortgage
Trust
2016-C7
C,
4.367%,
12/10/2054
657,240
0.0
33,723,602
(3)(6)
Citigroup
Commercial
Mortgage
Trust
2017-
P8
XA,
0.866%,
09/15/2050
756,186
0.0
46,166,562
(3)(6)
Citigroup
Commercial
Mortgage
Trust
2018-
C5
XA,
0.666%,
06/10/2051
1,096,080
0.1
1,000,000
(3)
Citigroup
Commercial
Mortgage
Trust
2020-
GC46
B,
3.150%,
02/15/2053
851,941
0.0
1,650,000
(1)(3)
Citigroup
Commercial
Mortgage
Trust
2023-
SMRT
C,
5.852%,
10/12/2040
1,631,843
0.1
65,166,000
(1)(3)(6)
COMM
Mortgage
Trust
2012-CR4
XB,
0.401%,
10/15/2045
636,802
0.0
1,500,000
(3)
COMM
Mortgage
Trust
2015-CR27
B,
4.337%,
10/10/2048
1,425,302
0.1
65,689,126
(3)(6)
COMM
Mortgage
Trust
2016-CR28
XA,
0.674%,
02/10/2049
706,207
0.0
1,500,000
(3)
COMM
Mortgage
Trust
2017-COR2
B,
4.206%,
09/10/2050
1,348,533
0.1
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
39
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COMMERCIAL
MORTGAGE-BACKED
SECURITIES:
(continued)
3,906,000
(1)(3)
COMM
Mortgage
Trust
2020-CBM
F,
3.633%,
02/10/2037
$
3,653,769
0.2
500,000
(3)
CSAIL
Commercial
Mortgage
Trust
2018-
C14
B,
4.878%,
11/15/2051
447,259
0.0
5,000,000
(1)
DC
Commercial
Mortgage
Trust
2023-DC
A,
6.314%,
09/12/2040
5,118,479
0.2
4,000,000
(1)(3)
DK
Trust
2024-SPBX
C,
7.300%,
(TSFR1M
+
1.950%),
03/15/2034
4,005,797
0.2
2,000,000
(1)(3)
DTP
Commercial
Mortgage
Trust
2023-
STE2
A,
5.648%,
01/15/2041
2,008,099
0.1
1,828,512
(1)(3)
Extended
Stay
America
Trust
2021-ESH
A,
6.519%,
(TSFR1M
+
1.194%),
07/15/2038
1,829,112
0.1
10,197,929
Freddie
Mac
Multifamily
ML
Certificates
US
XUS,
1.846%,
07/25/2037
1,368,471
0.1
2,300,000
(1)(8)
FREMF
Mortgage
Trust
2019-KG01
C,
0.000%,
05/25/2029
1,445,166
0.1
65,956,802
(1)(6)
FREMF
Mortgage
Trust
2019-KG01
X2A,
0.100%,
04/25/2029
169,255
0.0
7,380,000
(1)(6)
FREMF
Mortgage
Trust
2019-KG01
X2B,
0.100%,
05/25/2029
27,385
0.0
306,321
(1)(3)
FRR
Re-REMIC
Trust
2018-C1
B725,
0.222%,
02/27/2050
304,991
0.0
3,000,000
(1)(8)
FRR
Re-REMIC
Trust
2018-C1
C725,
0.000%,
02/27/2050
2,986,714
0.1
4,158,000
(1)(8)
GAM
Re-REMIC
Trust
2021-FRR1
1B,
0.000%,
11/29/2050
3,202,802
0.1
8,097,000
(1)(8)
GAM
Re-REMIC
Trust
2021-FRR1
2B,
0.000%,
11/29/2050
6,146,344
0.3
445,364
(1)(8)
GAM
RE-REMIC
Trust
2022-FRR3
BK61,
0.000%,
11/27/2049
346,552
0.0
4,451,000
(1)
GAM
RE-REMIC
Trust
2022-FRR3
BK71,
2.010%,
11/27/2050
3,624,010
0.2
2,598,000
(1)(8)
GAM
RE-REMIC
Trust
2022-FRR3
BK89,
0.000%,
01/27/2052
1,776,751
0.1
1,723,000
(1)(8)
GAM
RE-REMIC
Trust
2022-FRR3
C728,
0.000%,
08/27/2050
1,642,048
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
COMMERCIAL
MORTGAGE-BACKED
SECURITIES:
(continued)
1,756,000
(1)(8)
GAM
RE-REMIC
Trust
2022-FRR3
CK47,
0.000%,
05/27/2048
$
1,580,179
0.1
2,125,000
(1)(8)
GAM
RE-REMIC
Trust
2022-FRR3
CK61,
0.000%,
11/27/2049
1,579,507
0.1
1,724,000
(1)(8)
GAM
RE-REMIC
Trust
2022-FRR3
D728,
0.000%,
08/27/2050
1,625,702
0.1
1,388,000
(1)(8)
GAM
RE-REMIC
Trust
2022-FRR3
DK41,
0.000%,
10/27/2047
1,310,906
0.1
1,755,000
(1)(8)
GAM
RE-REMIC
Trust
2022-FRR3
DK47,
0.000%,
05/27/2048
1,561,498
0.1
2,845,000
(1)
GAM
RE-REMIC
TRUST
2021-FRR2
BK78,
2.410%,
09/27/2051
2,250,906
0.1
2,164,000
(1)(8)
GAM
RE-REMIC
TRUST
2021-FRR2
C730,
0.000%,
09/27/2051
2,000,595
0.1
2,631,000
(1)(8)
GAM
RE-REMIC
TRUST
2021-FRR2
CK44,
0.000%,
09/27/2051
2,414,020
0.1
1,140,000
(1)
GAM
RE-REMIC
TRUST
2021-FRR2
CK49,
1.010%,
09/27/2051
1,022,355
0.0
1,817,000
(1)(8)
GAM
RE-REMIC
TRUST
2021-FRR2
CK78,
0.000%,
09/27/2051
1,219,388
0.1
2,163,000
(1)(8)
GAM
RE-REMIC
TRUST
2021-FRR2
D730,
0.000%,
09/27/2051
1,991,407
0.1
2,140,000
(1)(8)
GAM
RE-REMIC
TRUST
2021-FRR2
DK49,
0.000%,
09/27/2051
1,852,742
0.1
5,000,000
(1)(3)
Great
Wolf
Trust
2024-
WOLF
D,
8.190%,
(TSFR1M
+
2.890%),
03/15/2039
5,022,256
0.2
2,000,000
(1)(3)
GS
Mortgage
Securities
Corp.
Trust
2021-
ARDN
A,
6.690%,
(TSFR1M
+
1.364%),
11/15/2036
1,968,769
0.1
26,720,324
(3)(6)
GS
Mortgage
Securities
Trust
2014-GC22
XA,
0.889%,
06/10/2047
18,282
0.0
98,281,253
(3)(6)
GS
Mortgage
Securities
Trust
2019-GC42
XA,
0.815%,
09/10/2052
3,277,596
0.2
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
40
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
COMMERCIAL
MORTGAGE-BACKED
SECURITIES:
(continued)
36,919,810
(3)(6)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2016-
JP4
XA,
0.570%,
12/15/2049
$
423,049
0.0
2,000,000
(3)
JPMBB
Commercial
Mortgage
Securities
Trust
2014-C25
B,
4.347%,
11/15/2047
1,840,149
0.1
1,745,183
(3)(6)
JPMBB
Commercial
Mortgage
Securities
Trust
2015-C28
XA,
0.913%,
10/15/2048
9,866
0.0
3,000,000
(3)
JPMBB
Commercial
Mortgage
Securities
Trust
2015-C29
C,
4.187%,
05/15/2048
2,724,458
0.1
2,975,160
(1)(3)
KIND
Trust
2021-KIND
A,
6.394%,
(TSFR1M
+
1.064%),
08/15/2038
2,922,703
0.1
688,079
(1)(3)
Life
Mortgage
Trust
2021-BMR
F,
7.789%,
(TSFR1M
+
2.464%),
03/15/2038
666,934
0.0
5,000,000
(1)(3)
Life
Mortgage
Trust
2022-BMR2
A1,
6.621%,
(TSFR1M
+
1.295%),
05/15/2039
4,961,858
0.2
1,377,390
(1)(3)
Med
Trust
2021-MDLN
D,
7.439%,
(TSFR1M
+
2.114%),
11/15/2038
1,374,062
0.1
5,000,000
(1)(3)
MF1
LLC
2024-FL14
A,
7.063%,
(TSFR1M
+
1.737%),
03/19/2039
5,016,868
0.2
4,850,000
(1)(3)
PFP
Ltd.
2023-10
A,
7.692%,
(TSFR1M
+
2.365%),
09/16/2038
4,881,517
0.2
1,350,000
(1)
RFM
Reremic
Trust
2022-FRR1
AB55,
0.990%,
03/28/2049
1,150,899
0.1
1,140,000
(1)(3)
RFM
Reremic
Trust
2022-FRR1
AB60,
2.410%,
11/08/2049
980,754
0.0
420,000
(1)(8)
RFM
Reremic
Trust
2022-FRR1
CK55,
0.000%,
03/28/2049
347,941
0.0
530,000
(1)(8)
RFM
Reremic
Trust
2022-FRR1
CK60,
0.000%,
11/08/2049
412,529
0.0
2,370,000
(1)(3)
SMRT
2022-MINI
D,
7.276%,
(TSFR1M
+
1.950%),
01/15/2039
2,332,149
0.1
21,092,984
(3)(6)
Wells
Fargo
Commercial
Mortgage
Trust
2014-LC18
XA,
1.007%,
12/15/2047
85,895
0.0
1,164,694
Wells
Fargo
Commercial
Mortgage
Trust
2015-SG1
A4,
3.789%,
09/15/2048
1,133,666
0.1
Principal
Amount†
Value
Percentage
of
Net
Assets
COMMERCIAL
MORTGAGE-BACKED
SECURITIES:
(continued)
2,500,000
Wells
Fargo
Commercial
Mortgage
Trust
2019-C49
B,
4.546%,
03/15/2052
$
2,353,761
0.1
24,604,392
(3)(6)
Wells
Fargo
Commercial
Mortgage
Trust
2021-C59
XA,
1.517%,
04/15/2054
1,775,016
0.1
Total
Commercial
Mortgage-Backed
Securities
(Cost
$159,067,548)
159,442,766
7.1
U.S.
TREASURY
OBLIGATIONS
:
5.3%
United
States
Treasury
Bonds
:
3.2%
17,000
1.250
%,
05/15/2050
8,701
0.0
920,000
1.375
%,
11/15/2040
591,909
0.0
77,000
1.625
%,
11/15/2050
43,517
0.0
100
2.000
%,
11/15/2041
70
0.0
3,046,300
2.875
%,
05/15/2052
2,305,906
0.1
4,011,100
3.250
%,
05/15/2042
3,410,845
0.2
54,057,900
(2)
4.500
%,
02/15/2044
54,370,422
2.4
10,532,600
4.750
%,
11/15/2053
11,246,019
0.5
71,977,389
3.2
United
States
Treasury
Notes
:
2.1%
4,197,000
(2)
0.250
%,
06/15/2024
4,153,023
0.2
170,000
0.875
%,
06/30/2026
156,772
0.0
1,757,900
1.250
%,
11/30/2026
1,616,719
0.1
8,250,800
1.250
%,
09/30/2028
7,241,044
0.3
139,400
1.500
%,
01/31/2027
128,575
0.0
1,600,500
1.500
%,
11/30/2028
1,415,942
0.1
54,300
2.750
%,
04/30/2027
51,721
0.0
1,315,300
2.750
%,
08/15/2032
1,179,917
0.1
14,046,100
4.000
%,
02/15/2034
13,815,656
0.6
9,881,000
4.250
%,
03/15/2027
9,836,227
0.4
4,735,000
4.250
%,
02/28/2029
4,742,028
0.2
185,000
4.250
%,
02/28/2031
185,361
0.0
2,639,000
(2)
4.625
%,
02/28/2026
2,637,041
0.1
47,160,026
2.1
Total
U.S.
Treasury
Obligations
(Cost
$120,677,393)
119,137,415
5.3
MUNICIPAL
BONDS
:
0.1%
California
:
0.1%
500,000
California
State
University,
6.434%,
11/01/2030
529,891
0.1
200,000
Los
Angeles
County
Public
Works
Financing
Authority,
7.488%,
08/01/2033
224,487
0.0
300,000
Los
Angeles
County
Public
Works
Financing
Authority,
7.618%,
08/01/2040
369,833
0.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
41
Voya
Intermediate
Bond
Portfolio
Principal
Amount†
Value
Percentage
of
Net
Assets
MUNICIPAL
BONDS:
(continued)
California:
(continued)
200,000
Regents
of
the
University
of
California
Medical
Center
Pooled
Revenue
H,
6.398%,
05/15/2031
$
212,185
0.0
300,000
Regents
of
the
University
of
California
Medical
Center
Pooled
Revenue
H,
6.548%,
05/15/2048
341,072
0.0
1,677,468
0.1
Total
Municipal
Bonds
(Cost
$1,500,000)
1,677,468
0.1
Shares
RA
Value
Percentage
of
Net
Assets
MUTUAL
FUNDS
:
14.7%
Affiliated
Investment
Companies
:
14.7%
5,952,427
Voya
VACS
Series
EMCD
Fund
51,071,824
2.3
9,343,976
Voya
VACS
Series
EMHCD
Fund
98,392,065
4.4
7,076,587
Voya
VACS
Series
HYB
Fund
72,464,247
3.2
10,454,040
Voya
VACS
Series
SC
Fund
107,990,232
4.8
329,918,368
14.7
Total
Mutual
Funds
(Cost
$325,595,669)
329,918,368
14.7
PURCHASED
OPTIONS
(9)
:
0.0%
Total
Purchased
Options
(Cost
$926,785)
3,002
0.0
Total
Long-Term
Investments
(Cost
$2,340,181,273)
2,255,750,067
100.5
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
3.5%
Commercial
Paper
:
0.0%
1,200,000
Johnson Controls
International
plc,
13.740
%,
04/02/2024
(Cost
$1,199,820)
1,199,100
0.0
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS:
(continued)
Repurchase
Agreements
:
3.0%
11,576,658
(10)
Bethesda
Securities,
LLC,
Repurchase
Agreement
dated
03/28/2024,
5.430%,
due
04/01/2024
(Repurchase
Amount
$11,583,547,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
2.500%-
6.070%,
Market
Value
plus
accrued
interest
$11,808,191,
due
10/01/27-01/01/57)
$
11,576,658
0.5
18,138,696
(10)
Cantor
Fitzgerald
Securities,
Repurchase
Agreement
dated
03/28/2024,
5.370%,
due
04/01/2024
(Repurchase
Amount
$18,149,370,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
0.000%-
7.500%,
Market
Value
plus
accrued
interest
$18,501,470,
due
12/24/26-02/20/74)
18,138,696
0.8
3,785,822
(10)
Marex
Capital
Markets
Inc.,
Repurchase
Agreement
dated
03/28/2024,
5.440%,
due
04/01/2024
(Repurchase
Amount
$3,788,079,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
0.000%-
6.500%,
Market
Value
plus
accrued
interest
$3,861,539,
due
04/25/24-02/01/57)
3,785,822
0.2
8,852,439
(10)
Mirae
Asset
Securities
(USA)
Inc.,
Repurchase
Agreement
dated
03/28/2024,
5.380%,
due
04/01/2024
(Repurchase
Amount
$8,857,658,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
0.000%-
7.645%,
Market
Value
plus
accrued
interest
$9,034,886,
due
04/30/24-04/20/73)
8,852,439
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
42
Voya
Intermediate
Bond
Portfolio
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS:
(continued)
Repurchase
Agreements
(continued)
6,588,043
(10)
RBC
Dominion
Securities
Inc.,
Repurchase
Agreement
dated
03/28/2024,
5.330%,
due
04/01/2024
(Repurchase
Amount
$6,591,891,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
0.000%-
8.000%,
Market
Value
plus
accrued
interest
$6,719,804,
due
04/04/24-03/01/54)
$
6,588,043
0.3
18,321,915
(10)
State
Of
Wisconsin
Investment
Board,
Repurchase
Agreement
dated
03/28/2024,
5.400%,
due
04/01/2024
(Repurchase
Amount
$18,332,758,
collateralized
by
various
U.S.
Government
Securities,
0.125%-
3.625%,
Market
Value
plus
accrued
interest
$18,695,378,
due
04/15/25-02/15/53)
18,321,915
0.8
Total
Repurchase
Agreements
(Cost
$67,263,573)
67,263,573
3.0
Time
Deposits
:
0.4%
1,870,000
(10)
Canadian
Imperial
Bank
of
Commerce,
5.310
%,
04/01/2024
1,870,000
0.1
400,000
(10)
Landesbank
Hessen
Thueringen
Girozentrale,
5.320
%,
04/01/2024
400,000
0.0
1,660,000
(10)
Mizuho
Bank
Ltd.,
5.320
%,
04/01/2024
1,660,000
0.0
1,850,000
(10)
Royal
Bank
of
Canada,
5.320
%,
04/01/2024
1,850,000
0.1
1,880,000
(10)
Skandinaviska
Enskilda
Banken
AB,
5.310
%,
04/01/2024
1,880,000
0.1
1,740,000
(10)
Societe
Generale,
5.310
%,
04/01/2024
1,740,000
0.1
Total
Time
Deposits
(Cost
$9,400,000)
9,400,000
0.4
Shares
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
(continued)
Mutual
Funds
:
0.1%
144,000
(11)
BlackRock
Liquidity
Funds,
FedFund,
Institutional
Class,
5.200%
$
144,000
0.0
1,861,000
(11)
Morgan
Stanley
Institutional
Liquidity
Funds
-
Government
Portfolio
(Institutional
Share
Class),
5.220%
1,861,000
0.1
Total
Mutual
Funds
(Cost
$2,005,000)
2,005,000
0.1
Total
Short-Term
Investments
(Cost
$79,868,393)
79,867,673
3.5
Total
Investments
in
Securities
(Cost
$2,420,049,666)
$
2,335,617,740
104.0
Liabilities
in
Excess
of
Other
Assets
(90,446,037)
(4.0)
Net
Assets
$
2,245,171,703
100.0
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
43
Voya
Intermediate
Bond
Portfolio
†
Unless
otherwise
indicated,
principal
amount
is
shown
in
USD.
(1)
Securities
with
purchases
pursuant
to
Rule
144A
or
section
4(a)(2),
under
the
Securities
Act
of
1933
and
may
not
be
resold
subject
to
that
rule
except
to
qualified
institutional
buyers.
(2)
Security,
or
a
portion
of
the
security,
is
on
loan.
(3)
Variable
rate
security.
Rate
shown
is
the
rate
in
effect
as
of
March
31,
2024.
(4)
The
Federal
Housing
Finance
Agency
(“FHFA”)
placed
the
Federal
Home
Loan
Mortgage
Corporation
and
Federal
National
Mortgage
Association
into
conservatorship
with
FHFA
as
the
conservator.
As
such,
the
FHFA
oversees
the
continuing
affairs
of
these
companies.
(5)
Represents
or
includes
a
TBA
transaction.
(6)
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.
(7)
For
fair
value
measurement
disclosure
purposes,
security
is
categorized
as
Level
3,
whose
value
was
determined
using
significant
unobservable
inputs.
(8)
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.
(9)
The
tables
within
the
Portfolio
of
Investments
detail
open
purchased
options
which
are
non-income
producing
securities.
(10)
All
or
a
portion
of
the
security
represents
securities
purchased
with
cash
collateral
received
for
securities
on
loan.
(11)
Rate
shown
is
the
7-day
yield
as
of
March
31,
2024.
Currency
Abbreviations:
EUR
EU
Euro
Reference
Rate
Abbreviations:
12MTA
12-month
Treasury
Average
H15T1Y
U.S.
Treasury
1-Year
Constant
Maturity
RFUCCT1M
FTSE
USD
IBOR
Consumer
Cash
Fallbacks
Term
1Y
RFUCCT1Y
FTSE
USD
IBOR
Consumer
Cash
Fallbacks
Term
1Y
SOFR30A
30-day
Secured
Overnight
Financing
Rate
SOFRRATE
1-day
Secured
Overnight
Financing
Rate
TSFR1M
1-month
CME
Term
Secured
Overnight
Financing
Rate
TSFR3M
3-month
CME
Term
Secured
Overnight
Financing
Rate
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
44
Voya
Intermediate
Bond
Portfolio
Fair
Value
Measurements
The
following
is
a
summary
of
the
fair
valuations
according
to
the
inputs
used
as
of
March
31,
2024
in
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
March
31,
2024
Asset
Table
Investments,
at
fair
value
Corporate
Bonds/Notes
$
—
$
614,512,191
$
—
$
614,512,191
U.S.
Government
Agency
Obligations
—
476,337,637
—
476,337,637
Mutual
Funds
329,918,368
—
—
329,918,368
Collateralized
Mortgage
Obligations
—
317,214,445
—
317,214,445
Asset-Backed
Securities
—
237,506,775
—
237,506,775
Commercial
Mortgage-Backed
Securities
—
159,442,766
—
159,442,766
U.S.
Treasury
Obligations
—
119,137,415
—
119,137,415
Municipal
Bonds
—
1,677,468
—
1,677,468
Purchased
Options
—
3,002
—
3,002
Short-Term
Investments
2,005,000
77,862,673
—
79,867,673
Total
Investments,
at
fair
value
$
331,923,368
$
2,003,694,372
$
—
$
2,335,617,740
Other
Financial
Instruments+
Centrally
Cleared
Credit
Default
Swaps
—
1,359,322
—
1,359,322
Centrally
Cleared
Interest
Rate
Swaps
—
27,410
—
27,410
Forward
Premium
Swaptions
—
768,268
—
768,268
Futures
1,853,520
—
—
1,853,520
Total
Assets
$
333,776,888
$
2,005,849,372
$
—
$
2,339,626,260
Liabilities
Table
Other
Financial
Instruments+
Centrally
Cleared
Credit
Default
Swaps
$
—
$
(1,967,967)
$
—
$
(1,967,967)
Centrally
Cleared
Interest
Rate
Swaps
—
(18,501)
—
(18,501)
Forward
Foreign
Currency
Contracts
—
(4,139)
—
(4,139)
Forward
Premium
Swaptions
—
(82,065)
—
(82,065)
Futures
(455,580)
—
—
(455,580)
OTC
volatility
swaps
—
(29,465)
—
(29,465)
Written
Options
—
(452,622)
—
(452,622)
Total
Liabilities
$
(455,580)
$
(2,554,759)
$
—
$
(3,010,339)
+
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.
Transactions
with
Affiliates
An
investment
of
at
least
5%
of
the
voting
securities
of
an
issuer,
or
a
company
which
is
under
common
control
with
the
issuer,
results
in
that
issuer
becoming
an
affiliated
person
as
defined
by
the
1940
Act.
The
following
table
provides
transactions
during
the
period
ended
March
31,
2024,
where
the
following
issuers
were
considered
an
affiliate:
Issuer
Beginning
Fair
Value
at
12/31/2023
Purchases
at
Cost
Sales
at
Cost
Change
In
Unrealized
Appreciation/
(Depreciation)
Ending
Fair
Value
at
3/31/2024
Investment
Income
Realized
Gains/
(Losses)
Net
Capital
Gain
Distributions
Voya
VACS
Series
EMCD
Fund
$
50,025,107
$
750,220
$
—
$
296,497
$
51,071,824
$
782,038
$
—
$
—
Voya
VACS
Series
EMHCD
Fund
95,931,889
1,517,906
—
942,270
98,392,065
1,541,636
—
—
Voya
VACS
Series
HYB
Fund
71,503,754
1,374,882
—
(414,389)
72,464,247
1,374,984
—
—
Voya
VACS
Series
SC
Fund
121,814,000
—
(14,534,870)
711,102
107,990,232
1,432,792
465,116
—
$
339,274,750
$
3,643,008
$
(14,534,870)
$
1,535,480
$
329,918,368
$
5,131,450
$
465,116
$
—
The
financial
statements
for
the
above
mutual
fund[s]
can
be
found
at
www.sec.gov.
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
45
Voya
Intermediate
Bond
Portfolio
At
March
31,
2024,
the
following
forward
foreign
currency
contracts
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Currency
Purchased
Currency
Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
EUR
58,865
USD
63,864
Standard
Chartered
Bank
04/12/24
$
(332)
EUR
408,371
USD
444,556
Standard
Chartered
Bank
04/12/24
(3,807)
$
(4,139)
At
March
31,
2024,
the
following
futures
contracts
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Unrealized
Appreciation/
(Depreciation)
Long
Contracts:
U.S.
Treasury
2-Year
Note
612
06/28/24
$
125,144,438
$
(43,692)
U.S.
Treasury
5-Year
Note
560
06/28/24
59,928,750
107,441
U.S.
Treasury
10-Year
Note
245
06/18/24
27,145,234
(268,215)
U.S.
Treasury
Long
Bond
92
06/18/24
11,080,250
126,819
U.S.
Treasury
Ultra
Long
Bond
772
06/18/24
99,588,000
1,619,260
$
322,886,672
$
1,541,613
Short
Contracts:
U.S.
Treasury
Ultra
10-Year
Note
(454)
06/18/24
(52,032,656)
(143,673)
$
(52,032,656)
$
(143,673)
At
March
31,
2024,
the
following
centrally
cleared
credit
default
swaps
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Centrally
Cleared
Credit
Default
Swaps
on
Credit
Indices
-
Buy
Protection
(1)
Reference
Entity/Obligation
Buy/Sell
Protection
(Pay)/
Receive
Financing
Rate
(%)
(2)
Termination
Date
Notional
Amount
(3)
Fair
Value
(4)
Unrealized
Appreciation/
(Depreciation)
CDX
North
American
High
Yield
Index
Series
33,
Version
14
Buy
(5.000)
12/20/24
USD
27,668,610
$
(812,156)
$
1,359,322
CDX
North
American
High
Yield
Index
Series
40,
Version
2
Buy
(5.000)
06/20/28
USD
45,540,000
(3,380,208)
(1,967,967)
$
(4,192,364)
$
(608,645)
(1)
If
a
Portfolio
is
a
buyer
of
protection
and
a
credit
event
occurs,
as
defined
under
the
terms
of
that
particular
swap
agreement,
a
Portfolio
will
either
i)
receive
from
the
seller
of
protection
an
amount
equal
to
the
notional
amount
of
the
swap
and
deliver
the
referenced
obligation,
other
deliverable
obligations
or
underlying
securities
comprising
the
referenced
index
or
ii)
receive
a
net
settlement
amount
in
the
form
of
cash
or
securities
equal
to
the
notional
amount
of
the
swap
less
the
recovery
value
of
the
referenced
obligation
or
underlying
securities
comprising
the
referenced
index.
(2)
Payments
made
quarterly.
(3)
The
maximum
amount
of
future
payments
(undiscounted)
that
a
Portfolio
as
seller
of
protection
could
be
required
to
make
or
receive
as
a
buyer
of
credit
protection
under
a
credit
default
swap
agreement
would
be
an
amount
equal
to
the
notional
amount
of
the
agreement.
(4)
The
fair
values
for
credit
default
swap
agreements
serve
as
an
indicator
of
the
current
status
of
the
payment/performance
risk
and
represent
the
likelihood
or
risk
of
default
for
the
credit
derivative.
Increasing
fair
values,
in
absolute
terms,
when
compared
to
the
notional
amount
of
the
agreement,
represent
a
deterioration
of
the
referenced
obligation’s
credit
soundness
and
a
greater
likelihood
or
risk
of
default
or
other
credit
event
occurring.
At
March
31,
2024,
the
following
centrally
cleared
interest
rate
swaps
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
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)
Pay
28-day
MXN
TIIE-BANXICO
Monthly
9.000
%
Monthly
08/14/28
MXN
144,762,000
$
26,382
$
26,382
Pay
28-day
MXN
TIIE-BANXICO
Monthly
8.860
Monthly
08/09/28
MXN
146,106,000
(18,501)
(18,501)
Pay
1-day
Secured
Overnight
Financing
Rate
Annual
3.610
Annual
04/30/54
USD
1,126,000
1,028
1,028
$
8,909
$
8,909
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
46
Voya
Intermediate
Bond
Portfolio
At
March
31,
2024,
the
following
OTC
volatility
swaps
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Pay/
Receive
Volatility
(1)
Reference
Entity
Volatility
Strike
Rate
Counterparty
Maturity
Date
Currency
Notional
Amount
Fair
Value
Unrealized
Appreciation
(Depreciation)
Receive
USD
vs.
CAD
Spot
Exchange
Rate
5.187%
BNP
Paribas
09/13/24
USD
46,000
$
(5,694)
$
(5,694)
Receive
GBP
vs.
USD
Spot
Exchange
Rate
6.625%
BNP
Paribas
09/17/24
USD
23,000
(2,284)
(2,284)
Receive
USD
vs.
CAD
Spot
Exchange
Rate
5.200%
Deutsche
Bank
AG
09/13/24
USD
46,000
(6,278)
(6,278)
Receive
GBP
vs.
USD
Spot
Exchange
Rate
6.600%
Deutsche
Bank
AG
09/17/24
USD
23,000
(1,723)
(1,723)
Receive
USD
vs.
CAD
Spot
Exchange
Rate
5.250%
Goldman
Sachs
International
09/19/24
USD
46,000
(5,659)
(5,659)
Receive
GBP
vs.
USD
Spot
Exchange
Rate
6.525%
Goldman
Sachs
International
09/17/24
USD
23,000
(41)
(41)
Receive
GBP
vs.
USD
Spot
Exchange
Rate
6.675%
Goldman
Sachs
International
09/19/24
USD
93,000
(7,786)
(7,786)
$
(29,465)
$
(29,465)
(1)
Payments
made
at
maturity
date.
At
March
31,
2024,
the
following
OTC
purchased
foreign
currency
options
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Description
Counterparty
Expiration
Date
Exercise
Price
Notional
Amount
Cost
Fair
Value
Call
JPY
vs.
Put
USD
BNP
Paribas
02/27/25
107.500
USD
6,000,500
$
297,625
$
2,892
$
297,625
$
2,892
At
March
31,
2024,
the
following
OTC
purchased
interest
rate
swaptions
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Description
Counterparty
Pay/
Receive
Exercise
Rate
Exercise
Rate
Floating
Rate
Index
Expiration
Date
Notional
Amount
Cost
Fair
Value
Call
on
10-Year
Interest
Rate
Swap
(1)
BNP
Paribas
Receive
2.225%
1-day
Secured
Overnight
Financing
Rate
05/16/24
USD
31,589,600
$
342,221
$
62
Call
on
10-Year
Interest
Rate
Swap
(1)
JPMorgan
Chase
Bank
N.A.
Receive
2.213%
1-day
Secured
Overnight
Financing
Rate
05/16/24
USD
26,324,700
286,939
48
$
629,160
$
110
At
March
31,
2024,
the
following
OTC
written
interest
rate
swaptions
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Description
Counterparty
Pay/Receive
Exercise
Rate
Exercise
Rate
Floating
Rate
Index
Expiration
Date
Notional
Amount
Premiums
Received
Fair
Value
Call
on
10-Year
Interest
Rate
Swap
(2)
Mizuho
Capital
Markets
LLC
Pay
3.675%
1-day
Secured
Overnight
Financing
Rate
04/26/24
USD
7,039,000
$
112,906
$
(156,331)
Put
on
10-Year
Interest
Rate
Swap
(1)
BNP
Paribas
Receive
4.050%
1-day
Secured
Overnight
Financing
Rate
05/16/24
USD
31,589,600
342,221
(124,863)
Put
on
10-Year
Interest
Rate
Swap
(1)
JPMorgan
Chase
Bank
N.A.
Receive
4.050%
1-day
Secured
Overnight
Financing
Rate
05/16/24
USD
26,324,700
286,939
(104,052)
Put
on
10-Year
Interest
Rate
Swap
(1)
Mizuho
Capital
Markets
LLC
Receive
3.675%
1-day
Secured
Overnight
Financing
Rate
04/26/24
USD
7,039,000
112,905
(67,376)
$
854,971
$
(452,622)
At
March
31,
2024,
the
following
OTC
purchased
forward
premium
swaptions
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Description
Counterparty
Exercise
Rate
(3)
Pay/
Receive
Exercise
Rate
Floating
Rate
Index
Expiration
Date
Notional
Amount
Premium
receivable/
(payable)
at
expiration
(4)
Unrealized
Appreciation/
(Depreciation)
Call
on
10-Year
Interest
Rate
Swap
Goldman
Sachs
International
2.500%
Receive
6-month
EUR-EURIBOR
02/20/26
EUR
9,759,000
$
(952,305)
$
(29,734)
Call
on
30-Year
Interest
Rate
Swap
Barclays
Bank
PLC
17.500%
Receive
1-day
Secured
Overnight
Financing
Rate
06/14/27
USD
12,484,500
(2,184,788)
160,448
Call
on
30-Year
Interest
Rate
Swap
Barclays
Bank
PLC
17.700%
Receive
1-day
Secured
Overnight
Financing
Rate
05/28/27
USD
20,904,800
(3,700,150)
242,631
Put
on
10-Year
Interest
Rate
Swap
Goldman
Sachs
International
2.500%
Pay
6-month
EUR-EURIBOR
02/20/26
EUR
9,759,000
(952,306)
(52,331)
PORTFOLIO
OF
INVESTMENTS
as
of
March
31,
2024
(Unaudited)
(continued)
47
Voya
Intermediate
Bond
Portfolio
Description
Counterparty
Exercise
Rate
(3)
Pay/
Receive
Exercise
Rate
Floating
Rate
Index
Expiration
Date
Notional
Amount
Premium
receivable/
(payable)
at
expiration
(4)
Unrealized
Appreciation/
(Depreciation)
Put
on
30-Year
Interest
Rate
Swap
Barclays
Bank
PLC
18.000%
Pay
1-day
Secured
Overnight
Financing
Rate
05/25/27
USD
19,473,000
$
(3,505,140)
$
176,318
$
(11,294,689)
$
497,332
At
March
31,
2024,
the
following
OTC
written
forward
premium
swaptions
were
outstanding
for
Voya
Intermediate
Bond
Portfolio:
Description
Counterparty
Exercise
Rate
(3)
Pay/
Receive
Exercise
Rate
Floating
Rate
Index
Expiration
Date
Notional
Amount
Premium
receivable/
(payable)
at
expiration
(4)
Unrealized
Appreciation/
(Depreciation)
Call
on
10-Year
Interest
Rate
Swap
Bank
of
America
N.A.
3.800%
Pay
1-day
Secured
Overnight
Financing
Rate
02/20/26
USD
9,759,000
$
511,372
$
9,428
Put
on
10-Year
Interest
Rate
Swap
Bank
of
America
N.A.
3.800%
Receive
1-day
Secured
Overnight
Financing
Rate
02/20/26
USD
9,759,000
481,119
89,245
Put
on
5-Year
Interest
Rate
Swap
Morgan
Stanley
Capital
Services
LLC
3.200%
Receive
6-month
EUR-EURIBOR
01/30/29
EUR
20,480,000
576,677
90,198
$
1,569,168
$
188,871
(1)
Portfolio
pays
the
exercise
rate
semi-annually
and
receives
the
floating
rate
index
quarterly.
(2)
Portfolio
receives
the
exercise
rate
semi-annually
and
pays
the
floating
rate
index
quarterly.
(3)
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.
(4)
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.
Currency
Abbreviations:
EUR
—
EU
Euro
MXN
—
Mexican
Peso
USD
—
United
States
Dollar
Net
unrealized
depreciation
consisted
of:
Gross
Unrealized
Appreciation
$
29,716,737
Gross
Unrealized
Depreciation
(114,148,663)
Net
Unrealized
Depreciation
$
(84,431,926)