Voya MUTUAL FUNDS NPORT-P Voya International High Dividend Low Volatility Fund (Jul 2022 report)

Voya International High Dividend Low Volatility Fund	PORTFOLIO OF INVESTMENTS
	as of July 31, 2022 (Unaudited)

Shares			Value		Percentage of Net Assets
COMMON STOCK: 97.2%
		Australia: 8.4%
10		ASX Ltd.	$	622		0.0
21,537		Aurizon Holdings Ltd.		60,956		0.6
6,322		Australia & New Zealand Banking Group Ltd.		102,171		1.0
6,901		BHP Group Ltd. Australian		188,848		1.9
6,109		Brambles Ltd.		49,170		0.5
4,939		Coles Group Ltd.		65,048		0.6
1		CSL Ltd.		204		0.0
19,135		GPT Group		61,561		0.6
25,350		Medibank Pvt Ltd.		60,955		0.6
2,572		Rio Tinto Ltd.		178,200		1.8
6,608		Suncorp Group Ltd.		52,185		0.5
864		Wesfarmers Ltd.		28,309		0.3
				848,229		8.4
		Austria: 0.3%
744		OMV AG		31,687		0.3
		Belgium: 1.1%
206		Elia Group SA/NV		31,273		0.3
440		Groupe Bruxelles Lambert S.A.		38,946		0.4
2,771		Proximus SADP		38,398		0.4
				108,617		1.1
		China: 0.7%
20,500		BOC Hong Kong Holdings Ltd.		74,155		0.7
		Denmark: 2.5%
305		Chr Hansen Holding A/S		19,963		0.2
114		Coloplast A/S		13,342		0.2
4,463		Danske Bank A/S		62,412		0.6
195		DSV A/S		32,858		0.3
979		Novozymes A/S		62,539		0.6
2,618		Tryg A/S		59,694		0.6
				250,808		2.5
		Finland: 1.6%
1,130		Elisa OYJ		62,495		0.6
971		Kone Oyj		44,376		0.4
1,146		Orion Oyj		54,707		0.6
				161,578		1.6
		France: 6.7%
432		Air Liquide SA		59,392		0.6
737		BNP Paribas		34,821		0.4
1,990		Bouygues SA		60,157		0.6
749		Bureau Veritas SA		20,658		0.2
2,684		Cie Generale des Etablissements Michelin SCA		75,110		0.7
31		Dassault Systemes SE		1,330		0.0
127		Ipsen SA		12,847		0.1
379	(1)	La Francaise des Jeux SAEM		13,537		0.1
552		Legrand S.A.		45,191		0.5
7,370		Orange SA		75,310		0.7
1,895		Sanofi		188,312		1.9
218		SEB SA		18,353		0.2
1,465		TotalEnergies SE		74,828		0.7
				679,846		6.7
		Germany: 7.0%
878		Bayerische Motoren Werke AG		71,744		0.7
390		Deutsche Boerse AG		68,080		0.7
2,252		Deutsche Post AG		89,944		0.9
4,439		Deutsche Telekom AG		84,336		0.8
1,214		E.ON AG		10,913		0.1
2,403		Evonik Industries AG		51,255		0.5
681		GEA Group AG		25,420		0.2
283		Hannover Rueck SE		40,143		0.4
585		LEG Immobilien SE		53,144		0.5
1,363		Mercedes-Benz Group AG		80,381		0.8
177		Muenchener Rueckversicherungs-Gesellschaft AG		40,127		0.4
422		Symrise AG		49,241		0.5
17,293		Telefonica Deutschland Holding AG		45,976		0.5
				710,704		7.0
		Hong Kong: 4.2%
3,000		CK Infrastructure Holdings Ltd.		18,812		0.2
8,500		CLP Holdings Ltd.		72,077		0.7
11,000		HK Electric Investments & HK Electric Investments Ltd. - Stapled Security		9,949		0.1
29,000		HKT Trust & HKT Ltd. - Stapled Security		40,632		0.4
800		Jardine Matheson Holdings Ltd.		42,253		0.4
10,000		Link REIT		83,743		0.8
10,500		Power Assets Holdings Ltd.		68,751		0.7
6,000		Sun Hung Kai Properties Ltd.		71,623		0.7
6,600		Swire Properties Ltd.		15,726		0.2
				423,566		4.2
		Ireland: 1.2%
912		CRH PLC		34,997		0.3
850		DCC PLC		55,496		0.6
959		Smurfit Kappa PLC		34,761		0.3
				125,254		1.2
		Israel: 1.2%
8,094		Bank Leumi Le-Israel BM		78,703		0.7
970	(2)	ZIM Integrated Shipping Services Ltd.		48,325		0.5
				127,028		1.2
		Italy: 3.8%
7,272		ENI S.p.A.		87,413		0.9
3,805		FinecoBank Banca Fineco SpA		47,288		0.5
6,506		Mediobanca Banca di Credito Finanziario SpA		55,800		0.5
5,520	(1)	Poste Italiane SpA		46,370		0.5

Voya International High Dividend Low Volatility Fund	PORTFOLIO OF INVESTMENTS
	as of July 31, 2022 (Unaudited) (Continued)

Shares				Value	Percentage of Net Assets
COMMON STOCK: (continued)
		Italy: (continued)
764		Recordati Industria Chimica e Farmaceutica SpA	$	33,883	0.3
9,071		Snam SpA		45,514	0.4
8,878		Terna - Rete Elettrica Nazionale		67,968	0.7
				384,236	3.8
		Japan: 23.5%
700		Ajinomoto Co., Inc.		18,421	0.2
2,300		Bridgestone Corp.		89,714	0.9
900		Brother Industries Ltd.		16,858	0.2
1,900		Capcom Co., Ltd.		52,815	0.5
1,500		Dai Nippon Printing Co., Ltd.		33,101	0.3
1,200		Daiwa House Industry Co., Ltd.		29,650	0.3
20,400		ENEOS Holdings, Inc.		78,915	0.8
2,600		Idemitsu Kosan Co., Ltd.		67,613	0.7
8,200		Japan Post Bank Co. Ltd.		65,597	0.7
4,800		Japan Tobacco, Inc.		86,187	0.9
400		KDDI Corp.		12,825	0.1
1,700		Mitsubishi Chemical Holdings Corp.		9,560	0.1
1,300		Mitsubishi Corp.		38,635	0.4
11,400		Mitsubishi HC Capital, Inc.		55,243	0.5
25,400		Mitsubishi UFJ Financial Group, Inc.		143,116	1.4
8,300		Mizuho Financial Group, Inc.		98,989	1.0
2,600		MS&AD Insurance Group Holdings, Inc.		84,322	0.8
100		Nintendo Co., Ltd.		44,717	0.4
3,600		Nippon Telegraph & Telephone Corp.		102,835	1.0
800		Nippon Yusen KK		62,841	0.6
500		Nitto Denko Corp.		32,198	0.3
900		Nomura Real Estate Holdings, Inc.		21,833	0.2
6,100		Obayashi Corp.		44,862	0.4
2,400		Ono Pharmaceutical Co., Ltd.		67,485	0.7
800		Osaka Gas Co., Ltd.		14,382	0.1
1,300		Otsuka Holdings Co. Ltd.		46,440	0.5
1,000		Secom Co., Ltd.		66,790	0.7
3,400		Sekisui House Ltd.		60,219	0.6
2,700		SG Holdings Co. Ltd.		51,528	0.5
9,100		SoftBank Corp.		105,217	1.0
1,900		Sompo Holdings, Inc.		84,799	0.8
1,900		Subaru Corp.		33,062	0.3
4,200		Sumitomo Chemical Co., Ltd.		16,506	0.2
4,900		Sumitomo Corp.		68,894	0.7
3,600		Sumitomo Mitsui Financial Group, Inc.		112,940	1.1
2,300		Sumitomo Mitsui Trust Holdings, Inc.		75,553	0.8
4,100		Takeda Pharmaceutical Co., Ltd.		120,295	1.2
1,000		Tokio Marine Holdings, Inc.		58,540	0.6
1,100		Trend Micro, Inc.		63,926	0.6
2,500		Yamato Holdings Co., Ltd.		43,748	0.4
				2,381,171	23.5
		Netherlands: 2.9%
3,215		Koninklijke Ahold Delhaize NV		88,537	0.9
1,546		NN Group NV		72,542	0.7
1,561		OCI NV		54,192	0.5
2		Randstad NV		101	0.0
904		Shell PLC		24,116	0.2
547		Wolters Kluwer NV		59,405	0.6
				298,893	2.9
		New Zealand: 0.3%
9,795		Spark New Zealand Ltd.		31,497	0.3
		Norway: 0.2%
528		Yara International ASA		22,502	0.2
		Portugal: 1.2%
5,710		Galp Energia SGPS SA		60,272	0.6
2,731		Jeronimo Martins SGPS SA		63,214	0.6
				123,486	1.2
		Singapore: 0.3%
3,700		Oversea-Chinese Banking Corp., Ltd.		31,356	0.3
		Spain: 2.0%
2,992		Enagas		59,058	0.6
3		Endesa S.A.		55	0.0
38	(3)	Iberdrola S.A.		406	0.0
1,377		Iberdrola S.A. - IBEE		14,704	0.1
3,604		Red Electrica Corp. SA		70,856	0.7
4,851		Repsol SA		60,434	0.6
				205,513	2.0
		Sweden: 0.4%
1,128	(3)	Aker BP ASA		38,969	0.4
1,187		Orron Energy ab		1,465	0.0
				40,434	0.4
		Switzerland: 7.8%
7		ABB Ltd.		213	0.0
54		Geberit AG - Reg		28,440	0.3
1,488		Holcim AG		69,770	0.7
267		Nestle SA		32,715	0.3
3,668		Novartis AG		315,190	3.1
151		Roche Holding AG-GENUSSCHEIN		50,133	0.5
1		Sika AG		247	0.0
623		Swiss Prime Site AG		56,733	0.5
224		Swiss Re Ltd.		16,808	0.2
144		Swisscom AG		77,852	0.8
327		Zurich Insurance Group AG		142,745	1.4
				790,846	7.8
		United Kingdom: 19.9%
14,831		Abrdn PLC		30,069	0.3
376		Admiral Group Plc		8,788	0.1
3,249	(1)	Auto Trader Group PLC		25,048	0.2

Voya International High Dividend Low Volatility Fund	PORTFOLIO OF INVESTMENTS
	as of July 31, 2022 (Unaudited) (Continued)

Shares				Value	Percentage of Net Assets
COMMON STOCK: (continued)
		United Kingdom: (continued)
14,424		Aviva PLC	$	69,853	0.7
10,319		BAE Systems PLC		96,986	1.0
3,382		Barratt Developments PLC		20,738	0.2
37,580		BP PLC		183,927	1.8
4,345		British American Tobacco PLC		170,254	1.7
206		Ferguson PLC		25,915	0.3
7,764		GSK PLC		163,124	1.6
9,705	(3)	Haleon PLC		34,487	0.3
1,338		Hikma Pharmaceuticals PLC		28,281	0.3
36,301		HSBC Holdings PLC		227,389	2.2
3,811		Imperial Brands PLC		83,676	0.8
4,614		Land Securities Group PLC		41,231	0.4
23,132		Legal & General Group PLC		73,873	0.7
24,969		M&G PLC		65,087	0.6
9,137		National Grid PLC		125,813	1.2
13,759		Natwest Group PLC		41,790	0.4
1,174		Reckitt Benckiser Group PLC		95,229	0.9
1,663		Relx PLC (GBP Exchange)		49,241	0.5
823		Schroders PLC		29,852	0.3
4,171		Segro PLC		55,800	0.6
289		Severn Trent PLC		10,390	0.1
24,511		Tesco PLC		78,610	0.8
7,714		The Sage Group PLC		66,480	0.7
915		Unilever PLC		44,580	0.4
123		Unilever PLC - ULVRL		5,990	0.1
5,340		United Utilities Group PLC		70,950	0.7
				2,023,451	19.9
	Total Common Stock
	(Cost $10,205,790)			9,874,857	97.2
EXCHANGE-TRADED FUNDS: 1.6%
3,566		iShares MSCI EAFE Value Index ETF		158,081	1.6
	Total Exchange-Traded Funds
	(Cost $163,074)			158,081	1.6
PREFERRED STOCK: 0.5%
		Germany: 0.5%
765		Henkel AG & Co. KGaA		48,870	0.5
	Total Preferred Stock
	(Cost $68,532)			48,870	0.5
	Total Long-Term Investments
	(Cost $10,437,396)			10,081,808	99.3
Principal Amount†				Value	Percentage of Net Assets
SHORT-TERM INVESTMENTS: 0.4%
		Repurchase Agreements: 0.2%
23,795	(4)	HSBC Securities USA, Repurchase Agreement dated 07/29/22, 2.25%, due 08/01/22 (Repurchase Amount $23,799, collateralized by various U.S. Government Securities, 0.000%-5.250%, Market Value plus accrued interest $24,271, due 09/20/22-11/15/51)
		(Cost $23,795)	$	23,795	0.2
Shares				Value	Percentage of Net Assets
		Mutual Funds: 0.2%
20,000	(5)	Goldman Sachs Financial Square Government Fund - Institutional Shares, 1.870%
		(Cost $20,000)		20,000	0.2
	Total Short-Term Investments
	(Cost $43,795)			43,795	0.4
	Total Investments in Securities (Cost $10,481,191)		$	10,125,603	99.7
	Assets in Excess of Other Liabilities			27,848	0.3
	Net Assets		$	10,153,451	100.0

†	Unless otherwise indicated, principal amount is shown in USD.
(1)	Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers.
(2)	Security, or a portion of the security, is on loan.
(3)	Non-income producing security.
(4)	All or a portion of the security represents securities purchased with cash collateral received for securities on loan.
(5)	Rate shown is the 7-day yield as of July 31, 2022.

Sector Diversification	Percentage of Net Assets
Financials		24.1	%
Industrials		12.3
Health Care		10.8
Consumer Staples		9.0
Materials		8.7
Communication Services		7.9
Energy		7.0
Utilities		6.8
Consumer Discretionary		4.8	%
Real Estate		4.8
Exchange-Traded Funds		1.6
Information Technology		1.5
Short-Term Investments		0.4
Assets in Excess of Other Liabilities		0.3
Net Assets		100.0	%

Voya International High Dividend Low Volatility Fund	PORTFOLIO OF INVESTMENTS
	as of July 31, 2022 (Unaudited) (Continued)

Portfolio holdings are subject to change daily.

Fair Value Measurements

The following is a summary of the fair valuations according to the inputs used as of July 31, 2022 in valuing the assets and liabilities:

	Quoted Prices in Active Markets for Identical Investments (Level 1)		Significant Other Observable Inputs# (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at July 31, 2022
Asset Table
Investments, at fair value
Common Stock
Australia	$	–	$	848,229	$	–	$	848,229
Austria		–		31,687		–		31,687
Belgium		–		108,617		–		108,617
China		–		74,155		–		74,155
Denmark		–		250,808		–		250,808
Finland		–		161,578		–		161,578
France		–		679,846		–		679,846
Germany		–		710,704		–		710,704
Hong Kong		9,949		413,617		–		423,566
Ireland		–		125,254		–		125,254
Israel		48,325		78,703		–		127,028
Italy		–		384,236		–		384,236
Japan		–		2,381,171		–		2,381,171
Netherlands		–		298,893		–		298,893
New Zealand		–		31,497		–		31,497
Norway		–		22,502		–		22,502
Portugal		–		123,486		–		123,486
Singapore		–		31,356		–		31,356
Spain		–		205,513		–		205,513
Sweden		–		40,434		–		40,434
Switzerland		–		790,846		–		790,846
United Kingdom		34,487		1,988,964		–		2,023,451
Total Common Stock		92,761		9,782,096		–		9,874,857
Exchange-Traded Funds		158,081		–		–		158,081
Preferred Stock		–		48,870		–		48,870
Short-Term Investments		20,000		23,795		–		43,795
Total Investments, at fair value	$	270,842	$	9,854,761	$	–	$	10,125,603

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

At July 31, 2022, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments on a tax basis were:

Cost for federal income tax purposes was $10,564,415.
Net unrealized depreciation consisted of:
Gross Unrealized Appreciation	$	388,428
Gross Unrealized Depreciation		(817,040	)
Net Unrealized Depreciation	$	(428,612	)