| Voya Global Diversified Payment Fund | PORTFOLIO OF INVESTMENTS |
| as of July 31, 2022 (Unaudited) |
| Shares | | | Value | | Percentage
of Net
Assets |
| EXCHANGE-TRADED FUNDS: 16.7% |
| 55,886 | | iShares 20+ Year Treasury Bond ETF | $ | 6,562,693 | | 2.0 |
| 118,291 | | iShares MSCI Japan ETF | 6,642,039 | | 2.0 |
| 88,893 | | iShares Russell 1000 Growth ETF | 21,793,897 | | 6.7 |
| 57,182 | | Schwab U.S. TIPS ETF | 3,309,694 | | 1.0 |
| 144,819 | | Vanguard Global ex-U.S. Real Estate ETF | 6,650,088 | | 2.0 |
| 100,283 | | Vanguard Real Estate ETF | 9,924,006 | | 3.0 |
| | | | | | |
| | Total Exchange-Traded Funds | | | |
| | (Cost $60,182,166) | 54,882,417 | | 16.7 |
| | | | | |
| MUTUAL FUNDS: 82.3% |
| | | Affiliated Investment Companies: 67.0% |
| 1,168,951 | | Voya Floating Rate Fund - Class I | 9,889,328 | | 3.0 |
| 2,993,962 | | Voya Global Bond Fund - Class R6 | 23,143,325 | | 7.0 |
| 952,526 | | Voya High Yield Bond Fund - Class R6 | 6,677,209 | | 2.0 |
| 4,697,239 | | Voya Intermediate Bond Fund - Class R6 | 42,932,762 | | 13.1 |
| 1,147,936 | | Voya Large Cap Value Fund - Class R6 | 14,934,652 | | 4.6 |
| 318,371 | (1) | Voya MidCap Opportunities Fund - Class R6 | 6,650,769 | | 2.0 |
| 1,454,335 | | Voya Multi-Manager Emerging Markets Equity Fund - Class I | 13,132,643 | | 4.0 |
| 2,542,458 | | Voya Multi-Manager International Equity Fund - Class I | 23,212,644 | | 7.1 |
| 4,722,516 | | Voya Multi-Manager International Factors Fund - Class I | 39,905,258 | | 12.1 |
| 693,710 | | Voya Multi-Manager Mid Cap Value Fund - Class I | 6,666,555 | | 2.0 |
| 698,239 | | Voya Short Term Bond Fund - Class R6 | 6,591,378 | | 2.0 |
| 723,668 | (1) | Voya Small Company Fund - Class R6 | 9,870,832 | | 3.0 |
| 1,475,588 | | Voya U.S. High Dividend Low Volatility Fund - Class R6 | 16,600,367 | | 5.1 |
| | | | 220,207,722 | | 67.0 |
| | | | | | |
| | | Unaffiliated Investment Companies: 15.3% |
| 1,099,557 | | TIAA-CREF S&P 500 Index Fund - Institutional Class | 50,073,830 | | 15.3 |
| | | | | | |
| | Total Mutual Funds | | | |
| | (Cost $310,619,905) | 270,281,552 | | 82.3 |
| | | | | |
| PURCHASED OPTIONS (2): 0.0% |
| | Total Purchased Options | | | |
| | (Cost $26,613) | | 26,613 | | 0.0 |
| | | | | |
| | Total Long-Term Investments | | | |
| | (Cost $370,828,684) | 325,190,582 | | 99.0 |
| | | | | |
| SHORT-TERM INVESTMENTS: 0.1% |
| | | Mutual Funds: 0.1% |
| 492,559 | (3) | BlackRock Liquidity Funds, FedFund, Institutional Class, 1.730% | | | |
| | | (Cost $492,559) | 492,559 | | 0.1 |
| | | | | | |
| | Total Short-Term Investments | | | |
| | (Cost $492,559) | 492,559 | | 0.1 |
| | | | | |
| | Total Investments in Securities
(Cost $371,321,243) | $ | 325,683,141 | | 99.1 |
| | Assets in Excess of Other Liabilities | 2,903,179 | | 0.9 |
| | Net Assets | $ | 328,586,320 | | 100.0 |
| (1) | Non-income producing security. |
| (2) | The tables within the Portfolio of Investments detail open purchased options which are non-income producing securities. |
| (3) | Rate shown is the 7-day yield as of July 31, 2022. |
| Voya Global Diversified Payment Fund | PORTFOLIO OF INVESTMENTS |
| as of July 31, 2022 (Unaudited) (Continued) |
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 | | | | | | | | | | | | | | | | |
| Exchange-Traded Funds | | $ | 54,882,417 | | | $ | – | | | $ | – | | | $ | 54,882,417 | |
| Mutual Funds | | | 270,281,552 | | | | – | | | | – | | | | 270,281,552 | |
| Purchased Options | | | – | | | | 26,613 | | | | – | | | | 26,613 | |
| Short-Term Investments | | | 492,559 | | | | – | | | | – | | | | 492,559 | |
| Total Investments, at fair value | | $ | 325,656,528 | | | $ | 26,613 | | | $ | – | | | $ | 325,683,141 | |
| Other Financial Instruments+ | | | | | | | | | | | | | | | | |
| Forward Foreign Currency Contracts | | | – | | | | 354,153 | | | | – | | | | 354,153 | |
| Futures | | | 566,386 | | | | – | | | | – | | | | 566,386 | |
| OTC Swaps | | | – | | | | 519,529 | | | | – | | | | 519,529 | |
| Total Assets | | $ | 326,222,914 | | | $ | 900,295 | | | $ | – | | | $ | 327,123,209 | |
| Liabilities Table | | | | | | | | | | | | | | | | |
| Other Financial Instruments+ | | | | | | | | | | | | | | | | |
| Forward Foreign Currency Contracts | | $ | – | | | $ | (1,095,392 | ) | | $ | – | | | $ | (1,095,392 | ) |
| Futures | | | (2,569,249 | ) | | | – | | | | – | | | | (2,569,249 | ) |
| OTC Swaps | | | – | | | | (1,487,344 | ) | | | – | | | | (1,487,344 | ) |
| Written Options | | | – | | | | (343,670 | ) | | | – | | | | (343,670 | ) |
| Total Liabilities | | $ | (2,569,249 | ) | | $ | (2,926,406 | ) | | $ | – | | | $ | (5,495,655 | ) |
| + | 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 July 31, 2022, where the following issuers were considered an affiliate:
| Issuer | | Beginning
Fair Value at
10/31/21 | | | Purchases
at Cost | | | Sales
at Cost | | | Change in
Unrealized
Appreciation/
(Depreciation) | | | Ending
Fair Value at
7/31/22 | | | Investment
Income | | | Realized
Gains/(Losses) | | | Net Capital
Gain
Distributions | |
| Voya Floating Rate Fund - Class I | | $ | 12,411,899 | | | $ | 585,108 | | | $ | (2,457,774 | ) | | $ | (649,905 | ) | | $ | 9,889,328 | | | $ | 329,470 | | | $ | (126,224 | ) | | $ | - | |
| Voya Global Bond Fund - Class R6 | | | 28,832,501 | | | | 979,297 | | | | (2,461,935 | ) | | | (4,206,538 | ) | | | 23,143,325 | | | | 229,399 | | | | (106,167 | ) | | | - | |
| Voya High Yield Bond Fund - Class R6 | | | 41,374,501 | | | | 708,396 | | | | (32,807,514 | ) | | | (2,598,174 | ) | | | 6,677,209 | | | | 708,396 | | | | 690,351 | | | | - | |
| Voya Intermediate Bond Fund - Class R6 | | | 41,331,454 | | | | 32,704,804 | | | | (25,897,921 | ) | | | (5,205,575 | ) | | | 42,932,762 | | | | 861,512 | | | | (1,187,867 | ) | | | - | |
| Voya Large Cap Value Fund - Class R6 | | | 18,538,116 | | | | 2,587,284 | | | | (3,595,976 | ) | | | (2,594,772 | ) | | | 14,934,652 | | | | 141,705 | | | | 83,962 | | | | 2,218,106 | |
| Voya MidCap Opportunities Fund - Class R6 | | | 8,350,171 | | | | 2,538,395 | | | | (651,929 | ) | | | (3,585,868 | ) | | | 6,650,769 | | | | - | | | | 30,326 | | | | 1,343,576 | |
| Voya Multi-Manager Emerging Markets Equity Fund - Class I | | | 12,153,925 | | | | 6,920,989 | | | | (421,013 | ) | | | (5,521,258 | ) | | | 13,132,643 | | | | 250,570 | | | | (27,674 | ) | | | 1,681,854 | |
| Voya Multi-Manager International Equity Fund - Class I | | | 32,730,073 | | | | 7,830,695 | | | | (5,100,412 | ) | | | (12,247,712 | ) | | | 23,212,644 | | | | 449,937 | | | | (881,313 | ) | | | 5,546,479 | |
| Voya Multi-Manager International Factors Fund - Class I | | | 53,072,307 | | | | 8,300,944 | | | | (8,097,977 | ) | | | (13,370,016 | ) | | | 39,905,258 | | | | 2,165,196 | | | | (685,123 | ) | | | 5,125,735 | |
| Voya Multi-Manager Mid Cap Value Fund - Class I | | | 8,165,013 | | | | 1,373,022 | | | | (1,284,227 | ) | | | (1,587,253 | ) | | | 6,666,555 | | | | 104,666 | | | | (8,103 | ) | | | 1,051,245 | |
| Voya Short Term Bond Fund - Class R6 | | | - | | | | 7,658,264 | | | | (946,397 | ) | | | (120,489 | ) | | | 6,591,378 | | | | 44,333 | | | | (12,955 | ) | | | - | |
| Voya Small Company Fund - Class R6 | | | - | | | | 9,870,832 | | | | - | | | | - | | | | 9,870,832 | | | | - | | | | - | | | | - | |
| Voya U.S. High Dividend Low Volatility Fund - Class R6 | | | 18,563,376 | | | | 5,966,767 | | | | (3,031,327 | ) | | | (4,898,449 | ) | | | 16,600,367 | | | | 278,278 | | | | 88,784 | | | | 4,480,087 | |
| | | $ | 275,523,336 | | | $ | 88,024,797 | | | $ | (86,754,402 | ) | | $ | (56,586,009 | ) | | $ | 220,207,722 | | | $ | 5,563,462 | | | $ | (2,142,003 | ) | | $ | 21,447,082 | |
The financial statements for the above mutual fund[s] can be found at www.sec.gov.
| Voya Global Diversified Payment Fund | PORTFOLIO OF INVESTMENTS |
| as of July 31, 2022 (Unaudited) (Continued) |
At July 31, 2022, the following forward foreign currency contracts were outstanding for Voya Global Diversified Payment Fund:
| Currency Purchased | | Currency Sold | | Counterparty | | Settlement
Date | | Unrealized
Appreciation
(Depreciation) | |
| EUR 18,300,000 | | USD 19,066,660 | | BNP Paribas | | 08/03/22 | | $ | (361,893 | ) |
| NZD 9,200,000 | | USD 5,696,401 | | Brown Brothers Harriman & Co. | | 08/03/22 | | | 89,460 | |
| USD 14,866,434 | | CAD 19,200,000 | | Brown Brothers Harriman & Co. | | 08/03/22 | | | (127,103 | ) |
| GBP 9,900,000 | | USD 11,935,298 | | Morgan Stanley Capital Services LLC | | 08/03/22 | | | 121,243 | |
| USD 20,970,963 | | SGD 29,300,000 | | Morgan Stanley Capital Services LLC | | 08/03/22 | | | (239,449 | ) |
| USD 4,077,838 | | AUD 6,000,000 | | Morgan Stanley Capital Services LLC | | 08/03/22 | | | (114,440 | ) |
| USD 8,262,887 | | NOK 82,300,000 | | Morgan Stanley Capital Services LLC | | 08/03/22 | | | (252,507 | ) |
| JPY 1,467,800,000 | | USD 10,864,497 | | The Bank of New York Mellon | | 08/03/22 | | | 143,450 | |
| | | | | | | | | $ | (741,239 | ) |
At July 31, 2022, the following futures contracts were outstanding for Voya Global Diversified Payment Fund:
| Description | | Number
of Contracts | | Expiration
Date | | Notional
Amount | | | Unrealized
Appreciation/
(Depreciation) | |
| Long Contracts: | | | | | | | | | | | | |
| 90-Day Eurodollar | | 27 | | 09/19/22 | | $ | 6,527,250 | | | $ | (43,123 | ) |
| MSCI Emerging Markets Index | | 175 | | 09/16/22 | | | 8,736,875 | | | | 72,743 | |
| Tokyo Price Index (TOPIX) | | 81 | | 09/08/22 | | | 11,768,841 | | | | 493,643 | |
| U.S. Treasury 2-Year Note | | 23 | | 09/30/22 | | | 4,840,602 | | | | (4,125 | ) |
| | | | | | | $ | 31,873,568 | | | $ | 519,138 | |
| Short Contracts: | | | | | | | | | | | | |
| Euro STOXX 50® Index | | (422) | | 09/16/22 | | | (15,966,845 | ) | | | (1,108,902 | ) |
| MSCI EAFE Index | | (34) | | 09/16/22 | | | (3,318,570 | ) | | | (189,275 | ) |
| S&P 500® E-Mini | | (68) | | 09/16/22 | | | (14,053,900 | ) | | | (1,223,824 | ) |
| | | | | | | $ | (33,339,315 | ) | | $ | (2,522,001 | ) |
| Voya Global Diversified Payment Fund | PORTFOLIO OF INVESTMENTS |
| as of July 31, 2022 (Unaudited) (Continued) |
At July 31, 2022, the following OTC total return swaps were outstanding for Voya Global Diversified Payment Fund:
Pay/Receive
Total
Return(1) | | Reference
Entity | | Reference
Entity
Payment
Frequency | | (Pay)/Receive
Financing Rate | | Floating Rate
Payment
Frequency | | Counterparty | | Termination
Date | | | Notional
Amount | | Fair
Value | | | Upfront
Payments
Paid/
(Received) | | | Unrealized
Appreciation/
(Depreciation) | |
| Receive | | iShares S&P 500 Value ETF | | At Maturity | | 0.00% | | At Maturity | | Goldman Sachs International | | 08/01/22 | | USD | 11,203,686 | | $ | 500,726 | | | $ | – | | | $ | 500,726 | |
| Receive | | iShares S&P 500 Growth ETF | | At Maturity | | 0.00% | | At Maturity | | Goldman Sachs International | | 08/01/22 | | USD | 11,201,530 | | | (1,321,441 | ) | | | – | | | | (1,321,441 | ) |
| Receive | | JPMorgan JPUSVCO1 Index (2) | | Quarterly | | (0.06%) | | Quarterly | | JPMorgan Chase Bank N.A. | | 08/31/22 | | USD | 10,074,518 | | | (116,003 | ) | | | – | | | | (116,003 | ) |
| Receive | | JPMorgan JPUSVCO2 Index (3) | | Quarterly | | (0.06%) | | Quarterly | | JPMorgan Chase Bank N.A. | | 08/31/22 | | USD | 17,324,083 | | | 18,803 | | | | – | | | | 18,803 | |
| Receive | | Morgan Stanley SPX 1-month Volatility Premium Intraday Hedge Index (4) | | Quarterly | | 0.00% | | Quarterly | | Morgan Stanley Capital Services LLC | | 08/31/22 | | USD | 10,081,332 | | | (37,884 | ) | | | – | | | | (37,884 | ) |
| Receive | | Morgan Stanley SPX 2-month Volatility Premium Intraday Hedge Index (5) | | Quarterly | | 0.00% | | Quarterly | | Morgan Stanley Capital Services LLC | | 08/31/22 | | USD | 7,360,853 | | | (12,016 | ) | | | – | | | | (12,016 | ) |
| | | | | | | | | | | | | | | | | | $ | (967,815 | ) | | $ | – | | | $ | (967,815 | ) |
At July 31, 2022, the following OTC purchased equity options were outstanding for Voya Global Diversified Payment Fund:
| Description | | Counterparty | | Put/Call | | Expiration
Date | | Exercise
Price | | Number of
Contracts | | Notional Amount | | Cost | | Fair Value | |
| S&P 500 Index | | Goldman Sachs International | | Call | | 08/31/22 | | USD | | 4,316.150 | | 1,162 | | USD | | 4,799,397 | | $ | 26,613 | | $ | 26,613 | |
| | | | | | | | | | | | | | | | | | | $ | 26,613 | | $ | 26,613 | |
At July 31, 2022, the following OTC written equity options were outstanding for Voya Global Diversified Payment Fund:
| Description | | Counterparty | | Put/Call | | Expiration
Date | | Exercise
Price | | Number of
Contracts | | Notional Amount | | Premiums
Received | | Fair Value | |
| S&P 500 Index | | Goldman Sachs International | | Call | | 08/31/22 | | USD | | 4,140.620 | | 1,162 | | USD | | 4,799,397 | | $ | 102,011 | | $ | (102,011 | ) |
| S&P 500 Index | | Goldman Sachs International | | Call | | 08/31/22 | | USD | | 4,192.240 | | 2,349 | | USD | | 9,702,051 | | | 148,694 | | | (148,694 | ) |
| Voya Global Diversified Payment Fund | PORTFOLIO OF INVESTMENTS |
| as of July 31, 2022 (Unaudited) (Continued) |
| Description | | Counterparty | | | | Expiration
Date | | Exercise
Price | | Number of
Contracts | | Notional Amount | | Premiums
Received | | Fair Value | |
| S&P 500 Index | | Goldman Sachs International | | Call | | 08/31/22 | | USD | | 4,254.200 | | 2,349 | | USD | | 9,702,051 | | $ | 92,965 | | $ | (92,965 | ) |
| | | | | | | | | | | | | | | | | | | $ | 343,670 | | $ | (343,670 | ) |
| (1) | The Fund will pay or receive the total return of the reference entity depending on whether the return is positive or negative. Where the Fund has elected to receive the total return of the reference entity if positive, it will be responsible for paying the floating rate and the total return of the reference entity, if negative. If the Fund has elected to pay the total return of the reference entity if positive, it will receive the floating rate and the total return of the reference entity, if negative. |
| Currency Abbreviations |
| AUD | - | Australian Dollar |
| CAD | - | Canadian Dollar |
| EUR | - | EU Euro |
| GBP | - | British Pound |
| JPY | - | Japanese Yen |
| NZD | - | New Zealand Dollar |
| SGD | - | Singapore Dollar |
| USD | - | United States Dollar |
(2) The following table represents the individual positions within the total return swap as of July 31, 2022:
| Reference Entity | | Notional Amount* | | | % of Index | |
| | | | | | | |
| Long Futures Contracts | | | | | | | | |
| S&P 500® E-Mini, expires 9/16/22 | | $ | 4,586,614 | | | | 45.53 | % |
| | | | | | | | | |
| Written Call Options | | | | | | | | |
| S&P 500® Index, Strike Price $3,975, expires 8/19/22 | | | (259,520 | ) | | | (2.58 | %) |
| | | | | | | | | |
| Cash | | | 5,747,424 | | | | 57.05 | % |
| Total Notional Amount | | $ | 10,074,518 | | | | 100 | % |
(3) The following table represents the individual positions within the total return swap as of July 31, 2022:
| Reference Entity | | Notional Amount* | | | % of Index | |
| | | | | | | |
| Long Futures Contracts | | | | | | | | |
| S&P 500® E-Mini, expires 9/16/22 | | $ | 4,573,437 | | | | 26.40 | % |
| | | | | | | | | |
| Written Call Options | | | | | | | | |
| S&P 500® Index, Strike Price $4,220, expires 8/26/22 | | | (137,058 | ) | | | (0.79 | %) |
| | | | | | | | | |
| Cash | | | 12,887,704 | | | | 74.39 | % |
| Total Notional Amount | | $ | 17,324,083 | | | | 100 | % |
| Voya Global Diversified Payment Fund | PORTFOLIO OF INVESTMENTS |
| as of July 31, 2022 (Unaudited) (Continued) |
(4) The following table represents the individual positions within the total return swap as of July 31, 2022:
| Reference Entity | | Notional Amount* | | | % of Index | |
| | | | | | | |
| Long Futures Contracts | | | | | | | | |
| S&P 500® E-Mini, expires 9/16/22 | | $ | 9,017,330 | | | | 89.45 | % |
| | | | | | | | | |
| Written Call Options | | | | | | | | |
| S&P 500® Index, Strike Price $3,935, expires 8/19/22 | | | (579,752 | ) | | | (5.75 | %) |
| | | | | | | | | |
| Cash | | | 1,643,754 | | | | 16.30 | % |
| Total Notional Amount | | $ | 10,081,332 | | | | 100 | % |
(5) The following table represents the individual positions within the total return swap as of July 31, 2022:
| Reference Entity | | Notional Amount* | | | % of Index | |
| | | | | | | |
| Long Futures Contracts | | | | | | | | |
| S&P 500® E-Mini, expires 03/18/22 | | $ | 4,510,197 | | | | 61.27 | % |
| | | | | | | | | |
| Written Call Options | | | | | | | | |
| S&P 500® Index, Strike Price $4,000, expires 08/19/22 | | | (21,017 | ) | | | (0.29 | %) |
| S&P 500® Index, Strike Price $4,005, expires 08/19/22 | | | (20,391 | ) | | | (0.28 | %) |
| S&P 500® Index, Strike Price $4,010, expires 08/19/22 | | | (19,837 | ) | | | (0.27 | %) |
| S&P 500® Index, Strike Price $4,135, expires 09/16/22 | | | (14,382 | ) | | | (0.20 | %) |
| S&P 500® Index, Strike Price $3,965, expires 08/19/22 | | | (14,084 | ) | | | (0.19 | %) |
| S&P 500® Index, Strike Price $3,980, expires 08/19/22 | | | (13,202 | ) | | | (0.18 | %) |
| S&P 500® Index, Strike Price $3,935, expires 08/19/22 | | | (12,489 | ) | | | (0.17 | %) |
| S&P 500® Index, Strike Price $3,970, expires 08/19/22 | | | (12,441 | ) | | | (0.17 | %) |
| S&P 500® Index, Strike Price $3,950, expires 08/19/22 | | | (12,133 | ) | | | (0.16 | %) |
| S&P 500® Index, Strike Price $3,975, expires 08/19/22 | | | (11,785 | ) | | | (0.16 | %) |
| S&P 500® Index, Strike Price $4,015, expires 09/16/22 | | | (11,658 | ) | | | (0.16 | %) |
| S&P 500® Index, Strike Price $4,015, expires 08/19/22 | | | (10,612 | ) | | | (0.14 | %) |
| S&P 500® Index, Strike Price $3,995, expires 08/19/22 | | | (9,652 | ) | | | (0.13 | %) |
| S&P 500® Index, Strike Price $4,050, expires 08/19/22 | | | (8,931 | ) | | | (0.12 | %) |
| S&P 500® Index, Strike Price $4,060, expires 08/19/22 | | | (7,944 | ) | | | (0.11 | %) |
| S&P 500® Index, Strike Price $4,090, expires 08/19/22 | | | (7,770 | ) | | | (0.11 | %) |
| S&P 500® Index, Strike Price $4,090, expires 09/16/22 | | | (7,416 | ) | | | (0.10 | %) |
| S&P 500® Index, Strike Price $4,110, expires 08/19/22 | | | (6,876 | ) | | | (0.09 | %) |
| S&P 500® Index, Strike Price $4,120, expires 09/16/22 | | | (6,113 | ) | | | (0.08 | %) |
| S&P 500® Index, Strike Price $4,145, expires 09/16/22 | | | (5,839 | ) | | | (0.08 | %) |
| S&P 500® Index, Strike Price $4,175, expires 09/16/22 | | | (5,502 | ) | | | (0.07 | %) |
| S&P 500® Index, Strike Price $4,185, expires 09/16/22 | | | (5,330 | ) | | | (0.07 | %) |
| S&P 500® Index, Strike Price $4,230, expires 09/16/22 | | | (4,206 | ) | | | (0.06 | %) |
| | | | (249,610 | ) | | | (3.39 | %) |
| | | | | | | | | |
| Cash | | | 3,100,266 | | | | 42.12 | % |
| Total Notional Amount | | $ | 7,360,853 | | | | 100 | % |
* Notional amount represents the fair value of each underlying component (including the financing rate, if any) allocated to each underlying component on a pro-rata basis.
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 $372,132,178. |
| |
| Net unrealized depreciation consisted of: |
| |
| Gross Unrealized Appreciation | | $ | 1,828,767 | |
| Gross Unrealized Depreciation | | | (53,390,532 | ) |
| | | | | |
| Net Unrealized Depreciation | | $ | (51,561,765 | ) |
