Voya MUTUAL FUNDS NPORT-P Voya Multi-manager International Equity Fund (Jul 2024 report)

PORTFOLIO

OF

INVESTMENTS

as

of

July

31,

2024

(Unaudited)

1

Voya

Multi-Manager

International

Equity

Fund

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK

:

98.2%

Australia

:

3.1%

479,526 

Aurizon

Holdings

Ltd.

$

1,169,214

0.2

121,323 

Computershare

Ltd.

2,188,183

0.4

81,392 

Dexus

375,262

0.1

108,822 

Lottery

Corp.

Ltd.

354,603

0.0

168,196 

Scentre

Group

383,559

0.1

21,781 

Sonic

Healthcare

Ltd.

394,741

0.1

1,701,908 

Telstra

Group

Ltd.

4,398,181

0.7

327,451 

Transurban

Group

2,794,398

0.5

679,780 

Vicinity

Ltd.

942,582

0.2

17,069 

Washington

H

Soul

Pattinson

&

Co.

Ltd.

397,287

0.1

188,738 

Woolworths

Group

Ltd.

4,258,527

0.7

17,656,537

3.1

Austria

:

0.5%

81,441 

Mondi

PLC

MNP

1,604,090

0.3

65,269 

Mondi

PLC

QX

1,276,112

0.2

2,880,202

0.5

Belgium

:

0.6%

7,353 

Ageas

SA

351,042

0.1

8,588 

D'ieteren

Group

1,973,681

0.3

11,029 

Groupe

Bruxelles

Lambert

NV

823,085

0.1

42,028 

Umicore

SA

577,217

0.1

3,725,025

0.6

Brazil

:

0.5%

375,500 

Totvs

SA

1,847,576

0.3

47,437 

XP,

Inc.

-

Class

A

811,647

0.2

2,659,223

0.5

Canada

:

6.0%

17,629 

Cameco

Corp.

802,380

0.2

24,762 

Canadian

Pacific

Kansas

City

Ltd.

2,076,518

0.4

29,061 

Canadian

Tire

Corp.

Ltd.

-

Class

A

2,984,296

0.5

91,357 

Cenovus

Energy,

Inc.

1,840,837

0.3

836 

Constellation

Software,

Inc.

2,637,786

0.5

36,610 

Dollarama,

Inc.

3,432,030

0.6

55,039 

Magna

International,

Inc.

2,442,501

0.4

59,400 

Methanex

Corp.

2,887,718

0.5

77,600 

Open

Text

Corp.

2,446,060

0.4

23,812 

RB

Global,

Inc.

1,896,992

0.3

22,542 

Royal

Bank

of

Canada

2,518,944

0.4

17,342 

(1)

Shopify,

Inc.

-

CAD

-

Class

A

1,062,137

0.2

11,098 

TFI

International,

Inc.

1,727,499

0.3

30,304 

Toromont

Industries

Ltd.

2,818,262

0.5

51,972 

Toronto-Dominion

Bank

3,069,045

0.5

34,643,005

6.0

Chile

:

0.9%

68,500 

Antofagasta

PLC

1,783,677

0.3

348,574 

Lundin

Mining

Corp.

3,519,445

0.6

5,303,122

0.9

China

:

1.5%

96,884 

ENN

Energy

Holdings

Ltd.

677,923

0.1

51,878 

KE

Holdings,

Inc.,

ADR

718,510

0.1

74,400 

Proya

Cosmetics

Co.

Ltd.

-

Class

A

944,019

0.2

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

China

(continued)

142,099 

Tencent

Holdings

Ltd.

$

6,557,365

1.1

8,897,817

1.5

Denmark

:

1.4%

2,801 

Carlsberg

AS

-

Class

B

338,240

0.1

20,123 

Coloplast

A/S

-

Class

B

2,616,001

0.5

36,948 

Novo

Nordisk

A/S

-

Class

B

4,895,348

0.8

7,849,589

1.4

France

:

8.3%

14,574 

Airbus

SE

2,205,438

0.4

7,734 

Arkema

SA

697,939

0.1

67,009 

Bouygues

SA

2,313,556

0.4

25,129 

Bureau

Veritas

SA

786,268

0.1

7,150 

Capgemini

SE

1,419,444

0.2

82,492 

Cie

Generale

des

Etablissements

Michelin

SCA

3,265,769

0.6

5,498 

Danone

SA

357,178

0.1

12,541 

Eiffage

SA

1,248,103

0.2

4,381 

Gecina

SA

434,323

0.1

782 

Hermes

International

1,708,934

0.3

20,926 

IPSOS

1,291,496

0.2

37,524 

Klepierre

SA

1,074,485

0.2

25,336 

Legrand

SA

2,737,480

0.5

3,182 

L'Oreal

SA

1,376,050

0.2

5,338 

LVMH

Moet

Hennessy

Louis

Vuitton

SE

3,765,228

0.6

53,674 

(1)

Orange

SA

595,636

0.1

15,782 

Pernod

Ricard

SA

2,111,748

0.4

31,800 

Publicis

Groupe

SA

3,319,812

0.6

34,148 

Renault

SA

1,654,887

0.3

19,188 

Sanofi

1,978,142

0.3

23,100 

Teleperformance

2,973,790

0.5

43,600 

TotalEnergies

SE

2,941,535

0.5

56,225 

(1)

Vallourec

SA

909,083

0.2

60,991 

Vinci

SA

6,960,176

1.2

48,126,500

8.3

Germany

:

9.3%

9,520 

adidas

AG

2,385,689

0.4

9,934 

Allianz

SE

2,798,067

0.5

36,112 

BASF

SE

1,681,274

0.3

16,351 

Brenntag

SE

1,163,151

0.2

79,100 

Daimler

Truck

Holding

AG

3,053,974

0.5

220,949 

Deutsche

Telekom

AG,

Reg

5,779,478

1.0

16,473 

Evonik

Industries

AG

333,607

0.1

66,900 

flatexDEGIRO

AG

944,739

0.2

69,951 

(1)

Fresenius

SE

&

Co.

KGaA

2,506,402

0.4

20,025 

Hannover

Rueck

SE

4,972,024

0.9

4,443 

Henkel

AG

&

Co.

KGaA

344,257

0.1

65,845 

Infineon

Technologies

AG

2,287,337

0.4

3,489 

Linde

PLC

DE

1,587,258

0.3

39,592 

Mercedes-Benz

Group

AG

2,617,211

0.5

7,309 

Merck

KGaA

1,305,918

0.2

7,349 

Muenchener

Rueckversicherungs-

Gesellschaft

AG

in

Muenchen

3,619,569

0.6

50,881 

RWE

AG

1,898,927

0.3

PORTFOLIO

OF

INVESTMENTS

as

of

July

31,

2024

(Unaudited)

(continued)

2

Voya

Multi-Manager

International

Equity

Fund

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Germany

(continued)

32,748 

SAP

SE

$

6,923,599

1.2

32,383 

(2)

Scout24

SE

2,560,121

0.4

12,599 

Siemens

AG,

Reg

2,306,843

0.4

81,240 

(1)

Siemens

Energy

AG

2,359,094

0.4

53,428,539

9.3

Hong

Kong

:

2.3%

452,600 

(2)

AIA

Group

Ltd.

3,027,378

0.5

90,000 

CK

Asset

Holdings

Ltd.

343,896

0.0

433,000 

CK

Hutchison

Holdings

Ltd.

2,262,040

0.4

299,000 

HKT

Trust

&

HKT

Ltd.

-

Stapled

Security

362,138

0.1

112,400 

Hong

Kong

Exchanges

&

Clearing

Ltd.

3,315,468

0.6

145,800 

Hongkong

Land

Holdings

Ltd.

470,878

0.1

9,500 

Jardine

Matheson

Holdings

Ltd.

334,675

0.0

86,600 

Link

REIT

365,367

0.1

135,000 

Power

Assets

Holdings

Ltd.

860,419

0.1

241,500 

Sun

Hung

Kai

Properties

Ltd.

2,091,034

0.4

13,433,293

2.3

India

:

1.6%

161,186 

Axis

Bank

Ltd.

2,251,656

0.4

59,477 

HDFC

Bank

Ltd.,

ADR

3,569,215

0.6

34,399 

Larsen

&

Toubro

Ltd.

1,570,912

0.3

52,967 

Reliance

Industries

Ltd.

1,909,589

0.3

9,301,372

1.6

Indonesia

:

0.2%

1,905,000 

Bank

Central

Asia

Tbk

PT

1,203,805

0.2

Ireland

:

1.5%

11,824 

Accenture

PLC

-

Class

A

3,909,251

0.7

69,097 

Experian

PLC

3,259,984

0.6

565,428 

(1)

Greencore

Group

PLC

1,309,844

0.2

8,479,079

1.5

Israel

:

0.8%

20,380 

(1)

Check

Point

Software

Technologies

Ltd.

3,738,711

0.6

3,684 

(1)

CyberArk

Software

Ltd.

944,504

0.2

4,683,215

0.8

Italy

:

1.7%

190,600 

Eni

SpA

3,049,565

0.5

3,143 

Ferrari

NV

1,293,574

0.2

355,855 

(1)

Saipem

SpA

845,383

0.2

460,444 

Snam

SpA

2,200,292

0.4

137,907 

(1)

TREVI

-

Finanziaria

Industriale

SpA

50,521

0.0

52,934 

UniCredit

SpA

2,174,251

0.4

9,613,586

1.7

Japan

:

14.8%

34,600 

AGC,

Inc.

1,238,326

0.2

10,400 

Aisin

Corp.

350,854

0.1

109,900 

Asahi

Group

Holdings

Ltd.

4,045,771

0.7

72,200 

Asahi

Kasei

Corp.

520,653

0.1

56,300 

Bandai

Namco

Holdings,

Inc.

1,196,418

0.2

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Japan

(continued)

8,600 

Bridgestone

Corp.

$

350,653

0.1

147,200 

Daicel

Corp.

1,430,901

0.2

44,600 

Dai-ichi

Life

Holdings,

Inc.

1,359,868

0.2

27,200 

Daito

Trust

Construction

Co.

Ltd.

3,271,077

0.6

41,700 

FANUC

Corp.

1,236,271

0.2

5,300 

Fast

Retailing

Co.

Ltd.

1,460,939

0.3

25,700 

Hankyu

Hanshin

Holdings,

Inc.

733,322

0.1

21,300 

Hoya

Corp.

2,668,907

0.5

114,009 

ITOCHU

Corp.

5,846,776

1.0

246,500 

KDDI

Corp.

7,417,189

1.3

11,246 

Keyence

Corp.

4,917,430

0.9

325,000 

Kyocera

Corp.

4,093,364

0.7

193,800 

M3,

Inc.

1,809,561

0.3

159,000 

Marubeni

Corp.

2,992,345

0.5

34,800 

Mazda

Motor

Corp.

300,165

0.0

15,800 

MEIJI

Holdings

Co.

Ltd.

399,019

0.1

54,300 

Mitsubishi

HC

Capital,

Inc.

390,657

0.1

292,300 

Mitsubishi

UFJ

Financial

Group,

Inc.

3,376,168

0.6

25,600 

Nippon

Express

Holdings,

Inc.

1,266,711

0.2

187,200 

Ono

Pharmaceutical

Co.

Ltd.

2,761,637

0.5

39,200 

Otsuka

Holdings

Co.

Ltd.

1,997,958

0.3

40,000 

Pigeon

Corp.

406,999

0.1

28,300 

Recruit

Holdings

Co.

Ltd.

1,622,815

0.3

63,700 

Renesas

Electronics

Corp.

1,097,161

0.2

7,300 

Shimano,

Inc.

1,295,050

0.2

157,100 

SMS

Co.

Ltd.

2,289,842

0.4

60,500 

Sony

Group

Corp.

5,373,528

0.9

53,700 

Sumitomo

Mitsui

Trust

Holdings,

Inc.

1,357,367

0.2

80,800 

T&D

Holdings,

Inc.

1,514,656

0.3

276,000 

Takeda

Pharmaceutical

Co.

Ltd.

7,748,504

1.3

87,300 

Toei

Animation

Co.

Ltd.

1,353,872

0.2

363,600 

Toray

Industries,

Inc.

1,890,377

0.3

10,800 

Unicharm

Corp.

361,807

0.1

153,900 

Yamato

Holdings

Co.

Ltd.

1,869,129

0.3

85,614,047

14.8

Netherlands

:

5.5%

72,618 

Aegon

Ltd.

469,930

0.1

8,720 

ASML

Holding

NV

8,119,823

1.4

8,101 

EXOR

NV

830,454

0.1

15,598 

IMCD

NV

2,242,892

0.4

101,000 

Koninklijke

Ahold

Delhaize

NV

3,253,739

0.6

156,481 

(1)

Koninklijke

Philips,

N.V.

4,395,507

0.8

18,736 

OCI

NV

451,546

0.1

8,896 

Randstad

NV

433,280

0.1

99,652 

Shell

PLC

-

EUR

3,643,697

0.6

95,726 

Universal

Music

Group

NV

2,280,626

0.4

32,243 

Wolters

Kluwer

NV

5,397,786

0.9

31,519,280

5.5

New

Zealand

:

0.1%

73,565 

Auckland

International

Airport

Ltd.

327,491

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

July

31,

2024

(Unaudited)

(continued)

3

Voya

Multi-Manager

International

Equity

Fund

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Norway

:

2.5%

460,754 

(1)(2)

AutoStore

Holdings

Ltd.

$

580,747

0.1

275,956 

DNB

Bank

ASA

5,701,267

1.0

124,024 

Gjensidige

Forsikring

ASA

2,098,210

0.3

183,465 

SpareBank

1

SR-Bank

ASA

2,355,252

0.4

79,476 

Sparebanken

Vest

1,021,089

0.2

97,347 

Yara

International

ASA

2,773,061

0.5

14,529,626

2.5

Puerto

Rico

:

0.6%

34,066 

Popular,

Inc.

3,496,194

0.6

Russia

:

—%

1,561,600 

(3)

Alrosa

PJSC

—

—

Singapore

:

1.0%

180,300 

CapitaLand

Ascendas

REIT

368,093

0.1

1,220,500 

CapitaLand

Integrated

Commercial

Trust

1,906,467

0.3

527,000 

Genting

Singapore

Ltd.

334,884

0.0

138,053 

United

Overseas

Bank

Ltd.

3,347,603

0.6

5,957,047

1.0

South

Africa

:

0.6%

194,503 

Clicks

Group

Ltd.

3,780,594

0.6

South

Korea

:

3.7%

15,700 

F&F

Co.

Ltd.

662,286

0.1

37,721 

Kia

Corp.

3,095,261

0.6

40,600 

LG

Electronics,

Inc.

3,091,718

0.5

117,170 

Samsung

Electronics

Co.

Ltd.

7,224,969

1.3

95,300 

Shinhan

Financial

Group

Co.

Ltd.

4,191,384

0.7

19,800 

SK

Hynix,

Inc.

2,839,786

0.5

21,105,404

3.7

Spain

:

1.7%

1,811 

(2)

Aena

SME

SA

344,088

0.0

52,517 

Amadeus

IT

Group

SA

3,458,820

0.6

158,571 

Iberdrola

SA

2,094,440

0.4

75,963 

Industria

de

Diseno

Textil

SA

3,690,960

0.6

19,529 

Red

Electrica

Corp.

SA

346,735

0.1

9,935,043

1.7

Sweden

:

2.8%

113,009 

Assa

Abloy

AB

-

Class

B

3,441,611

0.6

56,524 

Duni

AB

530,975

0.1

216,003 

Hexagon

AB

-

Class

B

2,199,871

0.4

10,875 

L

E

Lundbergforetagen

AB

-

Class

B

549,770

0.1

54,013 

Loomis

AB

1,721,136

0.3

173,085 

Skandinaviska

Enskilda

Banken

AB

-

Class

A

2,661,960

0.5

147,400 

SKF

AB

-

Class

B

2,740,293

0.5

4,331 

(1)

Spotify

Technology

SA

1,489,604

0.2

38,468 

Svenska

Handelsbanken

AB

-

Class

A

388,291

0.1

16,332 

Swedbank

AB

-

Class

A

347,283

0.0

16,070,794

2.8

Switzerland

:

5.1%

1,682 

Barry

Callebaut

AG

2,706,358

0.5

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Switzerland

(continued)

4,936 

Helvetia

Holding

AG

$

736,348

0.1

3,296 

Nestle

SA

333,860

0.1

56,642 

Novartis

AG,

Reg

6,322,824

1.1

4,461 

Partners

Group

Holding

AG

6,004,702

1.0

5,853 

Sandoz

Group

AG

253,864

0.0

6,703 

Sonova

Holding

AG,

Reg

2,054,711

0.4

1,643 

Swatch

Group

AG

-

Class

BR

338,384

0.1

8,513 

Swiss

Prime

Site

AG

853,176

0.1

34,983 

Swiss

Re

AG

4,312,824

0.7

26,337 

Temenos

AG

1,828,803

0.3

5,264 

(2)

VAT

Group

AG

2,637,980

0.5

1,650 

Zurich

Insurance

Group

AG

907,121

0.2

29,290,955

5.1

Taiwan

:

1.9%

28,000 

Lotes

Co.

Ltd.

1,206,140

0.2

188,331 

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

5,493,863

0.9

26,848 

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.,

ADR

4,451,398

0.8

11,151,401

1.9

Thailand

:

0.4%

428,170 

Kasikornbank

PCL

1,581,608

0.3

271,000 

Tisco

Financial

Group

PCL

703,203

0.1

2,284,811

0.4

United

Kingdom

:

14.1%

102,080 

Allfunds

Group

PLC

613,548

0.1

75,992 

Anglo

American

PLC

2,303,789

0.4

14,416 

Ashtead

Group

PLC

1,040,362

0.2

22,635 

AstraZeneca

PLC

3,596,029

0.6

398,420 

BAE

Systems

PLC

6,644,870

1.1

560,055 

Barclays

PLC

1,674,730

0.3

87,843 

Bellway

PLC

3,225,400

0.6

5,800 

Berkeley

Group

Holdings

PLC

378,637

0.1

140,138 

British

American

Tobacco

PLC

4,972,223

0.9

9,432 

Bunzl

PLC

395,194

0.1

68,772 

Diageo

PLC

2,139,832

0.4

39,292 

Diploma

PLC

2,246,522

0.4

96,407 

GSK

PLC

1,872,100

0.3

84,283 

Haleon

PLC

378,042

0.1

136,879 

Halma

PLC

4,685,155

0.8

328,276 

HSBC

Holdings

PLC

2,985,365

0.5

76,524 

Imperial

Brands

PLC

2,109,135

0.4

196,109 

Inchcape

PLC

2,132,766

0.4

56,786 

London

Stock

Exchange

Group

PLC

6,912,292

1.2

1,484,172 

M&G

PLC

4,052,735

0.7

48,087 

Melrose

Industries

PLC

364,129

0.1

25,400 

Next

PLC

2,968,734

0.5

52,000 

Nomad

Foods

Ltd.

993,720

0.2

19,683 

Persimmon

PLC

401,380

0.1

289,455 

Phoenix

Group

Holdings

PLC

2,038,652

0.3

PORTFOLIO

OF

INVESTMENTS

as

of

July

31,

2024

(Unaudited)

(continued)

4

Voya

Multi-Manager

International

Equity

Fund

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

United

Kingdom

(continued)

26,096 

Reckitt

Benckiser

Group

PLC

$

1,403,794

0.2

89,823 

RELX

PLC

-

EUR

4,225,395

0.7

29,993 

Rio

Tinto

PLC

1,950,525

0.3

285,777 

Schroders

PLC

1,444,162

0.2

54,935 

Unilever

PLC

3,376,002

0.6

61,695 

Unilever

PLC

-

NL

3,779,737

0.6

92,184 

United

Utilities

Group

PLC

1,225,087

0.2

2,849,518 

Vodafone

Group

PLC

2,666,428

0.5

81,196,471

14.1

United

States

:

3.1%

14,934 

Aon

PLC

-

Class

A

4,905,968

0.9

1,805 

(1)(4)

ARM

Holdings

PLC,

ADR

260,227

0.0

27,861 

BRP,

Inc.

2,018,568

0.4

19,329 

GFL

Environmental,

Inc.

750,352

0.1

25,900 

(1)

Jazz

Pharmaceuticals

PLC

2,855,475

0.5

7,705 

Linde

PLC

US

3,494,217

0.6

68,621 

(1)

Smurfit

WestRock

PLC

3,044,314

0.5

7,400 

Tecnoglass,

Inc.

398,194

0.1

17,727,315

3.1

Uruguay

:

0.1%

496 

(1)

MercadoLibre,

Inc.

827,774

0.1

Total

Common

Stock

(Cost

$524,754,562)

566,698,156

98.2

PREFERRED

STOCK

:

0.4%

Germany

:

0.4%

7,208 

Sartorius

AG

2,044,350

0.4

Total

Preferred

Stock

(Cost

$2,815,284)

2,044,350

0.4

WARRANTS

:

—%

Canada

:

—%

794 

(1)(3)

Constellation

Software,

Inc.

—

—

Total

Warrants

(Cost

$–)

—

—

Total

Long-Term

Investments

(Cost

$527,569,846)

568,742,506

98.6

Principal

Amount

†

RA

Value

Percentage

of

Net

Assets

SHORT-TERM

INVESTMENTS

:

0.7%

Repurchase

Agreements

:

0.0%

243,003 

(5)

HSBC

Securities

(USA),

Inc.,

Repurchase

Agreement

dated

07/31/2024,

5.330%,

due

08/01/2024

(Repurchase

Amount

$243,038,

collateralized

by

various

U.S.

Government

Securities,

0.000%,

Market

Value

plus

accrued

interest

$247,863,

due

11/15/24-05/15/50)

$

243,003

0.0

Total

Repurchase

Agreements

(Cost

$243,003)

243,003

0.0

Shares

RA

Value

Percentage

of

Net

Assets

Mutual

Funds

:

0.7%

3,928,429 

(6)

BlackRock

Liquidity

Funds,

FedFund,

Institutional

Class,

5.210%

(Cost

$3,928,429)

$

3,928,429

0.7

Total

Short-Term

Investments

(Cost

$4,171,432)

4,171,432

0.7

Total

Investments

in

Securities

(Cost

$531,741,278)

$

572,913,938

99.3

Assets

in

Excess

of

Other

Liabilities

3,883,081

0.7

Net

Assets

$

576,797,019

100.0

ADR

American

Depositary

Receipt

†

Unless

otherwise

indicated,

principal

amount

is

shown

in

USD.

(1)

Non-income

producing

security.

(2)

Securities

with

purchases

pursuant

to

Rule

144A

or

section

4(a)(2),

under

the

Securities

Act

of

1933

and

may

not

be

resold

subject

to

that

rule

except

to

qualified

institutional

buyers.

(3)

For

fair

value

measurement

disclosure

purposes,

security

is

categorized

as

Level

3,

whose

value

was

determined

using

significant

unobservable

inputs.

(4)

Security,

or

a

portion

of

the

security,

is

on

loan.

(5)

All

or

a

portion

of

the

security

represents

securities

purchased

with

cash

collateral

received

for

securities

on

loan.

(6)

Rate

shown

is

the

7-day

yield

as

of

July

31,

2024.

PORTFOLIO

OF

INVESTMENTS

as

of

July

31,

2024

(Unaudited)

(continued)

5

Voya

Multi-Manager

International

Equity

Fund

Sector

Diversification

Percentage

of

Net

Assets

Financials

19.1

%

Industrials

18.2

Information

Technology

13.1

Consumer

Discretionary

11.3

Health

Care

9.4

Consumer

Staples

7.9

Communication

Services

6.9

Materials

5.9

Energy

2.8

Real

Estate

2.4

Utilities

1.6

Short-Term

Investments

0.7

Assets

in

Excess

of

Other

Liabilities

0.7

Net

Assets

100.0%

Portfolio

holdings

are

subject

to

change

daily.

PORTFOLIO

OF

INVESTMENTS

as

of

July

31,

2024

(Unaudited)

(continued)

6

Voya

Multi-Manager

International

Equity

Fund

Fair

Value

Measurements

The

following

is

a

summary

of

the

fair

valuations

according

to

the

inputs

used

as

of

July

31,

2024

in

valuing

the

assets

and

liabilities:

Quoted

Prices

in

Active

Markets

for

Identical

Investments

(Level

1)

Significant

Other

Observable

Inputs

#

(Level

2)

Significant

Unobservable

Inputs

(Level

3)

Fair

Value

at

July

31,

2024

Asset

Table

Investments,

at

fair

value

Common

Stock

Australia

$

—

$

17,656,537

$

—

$

17,656,537

Austria

—

2,880,202

—

2,880,202

Belgium

—

3,725,025

—

3,725,025

Brazil

2,659,223

—

—

2,659,223

Canada

34,643,005

—

—

34,643,005

Chile

3,519,445

1,783,677

—

5,303,122

China

718,510

8,179,307

—

8,897,817

Denmark

—

7,849,589

—

7,849,589

France

—

48,126,500

—

48,126,500

Germany

—

53,428,539

—

53,428,539

Hong

Kong

—

13,433,293

—

13,433,293

India

3,569,215

5,732,157

—

9,301,372

Indonesia

1,203,805

—

—

1,203,805

Ireland

5,219,095

3,259,984

—

8,479,079

Israel

4,683,215

—

—

4,683,215

Italy

50,521

9,563,065

—

9,613,586

Japan

—

85,614,047

—

85,614,047

Netherlands

—

31,519,280

—

31,519,280

New

Zealand

327,491

—

—

327,491

Norway

—

14,529,626

—

14,529,626

Puerto

Rico

3,496,194

—

—

3,496,194

Russia

—

—

—

—

Singapore

—

5,957,047

—

5,957,047

South

Africa

3,780,594

—

—

3,780,594

South

Korea

—

21,105,404

—

21,105,404

Spain

—

9,935,043

—

9,935,043

Sweden

2,020,579

14,050,215

—

16,070,794

Switzerland

—

29,290,955

—

29,290,955

Taiwan

4,451,398

6,700,003

—

11,151,401

Thailand

—

2,284,811

—

2,284,811

United

Kingdom

993,720

80,202,751

—

81,196,471

United

States

17,727,315

—

—

17,727,315

Uruguay

827,774

—

—

827,774

Total

Common

Stock

89,891,099

476,807,057

—

566,698,156

Preferred

Stock

—

2,044,350

—

2,044,350

Warrants

—

—

—

—

Short-Term

Investments

3,928,429

243,003

—

4,171,432

Total

Investments,

at

fair

value

$

93,819,528

$

479,094,410

$

—

$

572,913,938

Other

Financial

Instruments+

Futures

361

—

—

361

Total

Assets

$

93,819,889

$

479,094,410

$

—

$

572,914,299

#

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.

+

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.

PORTFOLIO

OF

INVESTMENTS

as

of

July

31,

2024

(Unaudited)

(continued)

7

Voya

Multi-Manager

International

Equity

Fund

At

July

31,

2024,

the

following

futures

contracts

were

outstanding

for

Voya

Multi-Manager

International

Equity

Fund:

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Unrealized

Appreciation

Long

Contracts:

MSCI

EAFE

Index

11

09/20/24

$

1,314,335

$

361

$

1,314,335

$

361

Net

unrealized

appreciation

consisted

of:

Gross

Unrealized

Appreciation

$

59,426,956

Gross

Unrealized

Depreciation

(18,254,295)

Net

Unrealized

Appreciation

$

41,172,661