UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form N-CSR
CERTIFIED SHAREHOLDER REPORT OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-08220
Voya Variable Products Trust
(Exact name of registrant as specified in charter)
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ | 85258 |
(Address of principal executive offices) | (Zip code) |
CT Corporation System, 101 Federal Street, Boston, MA 02110
(Name and address of agent for service)
Registrant’s telephone number, including area code: 1-800-992-0180
Date of fiscal year end: December 31
Date of reporting period: January 1, 2023 to June 30, 2023
Item 1. Reports to Stockholders.
(a) The following is a copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Act (17 CFR 270.30e-1):
| | Effective January 24, 2023, the U.S. Securities and Exchange Commission adopted rule and form amendments to require mutual funds to transmit concise and visually engaging streamlined annual and semi-annual reports to shareholders that highlight key information deemed important for investors to assess and monitor their fund investments. Other information, including financial statements, will no longer appear in the funds’ streamlined shareholder reports but must be available online, delivered free of charge upon request, and filed on a semi-annual basis on Form N-CSR. The rule and form amendments have a compliance date of July 24, 2024. | | |
| | This report is submitted for general information to shareholders of the Voya mutual funds. It is not authorized for distribution to prospective shareholders unless accompanied or preceded by a prospectus which includes details regarding the funds’ investment objectives, risks, charges, expenses and other information. This information should be read carefully. | | |
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| | | Actual Portfolio Return | | | Hypothetical (5% return before expenses) | | ||||||||||||||||||||||||||||||||||||||||||
| | | Beginning Account Value January 1, 2023 | | | Ending Account Value June 30, 2023 | | | Annualized Expense Ratio | | | Expenses Paid During the Period Ended June 30, 2023* | | | Beginning Account Value January 1, 2023 | | | Ending Account Value June 30, 2023 | | | Annualized Expense Ratio | | | Expenses Paid During the Period Ended June 30, 2023* | | ||||||||||||||||||||||||
Voya MidCap Opportunities Portfolio | | ||||||||||||||||||||||||||||||||||||||||||||||||
Class ADV | | | | $ | 1,000.00 | | | | | $ | 1,155.60 | | | | | | 1.16% | | | | | $ | 6.20 | | | | | $ | 1,000.00 | | | | | $ | 1,019.04 | | | | | | 1.16% | | | | | $ | 5.81 | | |
Class I | | | | | 1,000.00 | | | | | | 1,157.80 | | | | | | 0.66 | | | | | | 3.53 | | | | | | 1,000.00 | | | | | | 1,021.52 | | | | | | 0.66 | | | | | | 3.31 | | |
Class R6 | | | | | 1,000.00 | | | | | | 1,158.20 | | | | | | 0.66 | | | | | | 3.53 | | | | | | 1,000.00 | | | | | | 1,021.52 | | | | | | 0.66 | | | | | | 3.31 | | |
Class S | | | | | 1,000.00 | | | | | | 1,156.80 | | | | | | 0.91 | | | | | | 4.87 | | | | | | 1,000.00 | | | | | | 1,020.28 | | | | | | 0.91 | | | | | | 4.56 | | |
Class S2 | | | | | 1,000.00 | | | | | | 1,157.10 | | | | | | 1.06 | | | | | | 5.67 | | | | | | 1,000.00 | | | | | | 1,019.54 | | | | | | 1.06 | | | | | | 5.31 | | |
Voya SmallCap Opportunities Portfolio | | ||||||||||||||||||||||||||||||||||||||||||||||||
Class ADV | | | | $ | 1,000.00 | | | | | $ | 1,123.60 | | | | | | 1.35% | | | | | $ | 7.11 | | | | | $ | 1,000.00 | | | | | $ | 1,018.10 | | | | | | 1.35% | | | | | $ | 6.76 | | |
Class I | | | | | 1,000.00 | | | | | | 1,126.10 | | | | | | 0.85 | | | | | | 4.48 | | | | | | 1,000.00 | | | | | | 1,020.58 | | | | | | 0.85 | | | | | | 4.26 | | |
Class R6 | | | | | 1,000.00 | | | | | | 1,126.10 | | | | | | 0.85 | | | | | | 4.48 | | | | | | 1,000.00 | | | | | | 1,020.58 | | | | | | 0.85 | | | | | | 4.26 | | |
Class S | | | | | 1,000.00 | | | | | | 1,125.40 | | | | | | 1.10 | | | | | | 5.80 | | | | | | 1,000.00 | | | | | | 1,019.34 | | | | | | 1.10 | | | | | | 5.51 | | |
Class S2 | | | | | 1,000.00 | | | | | | 1,124.50 | | | | | | 1.25 | | | | | | 6.58 | | | | | | 1,000.00 | | | | | | 1,018.60 | | | | | | 1.25 | | | | | | 6.26 | | |
| | | Voya MidCap Opportunities Portfolio | | | Voya SmallCap Opportunities Portfolio | | ||||||
ASSETS: | | | | | | | | | | | | | |
Investments in securities at fair value+* | | | | $ | 1,053,639,121 | | | | | $ | 192,651,110 | | |
Short-term investments at fair value† | | | | | 16,097,004 | | | | | | 9,612,327 | | |
Cash | | | | | 243,406 | | | | | | 13,567 | | |
Receivables: | | | | | | | | | | | | | |
Investment securities sold | | | | | — | | | | | | 2,499,374 | | |
Fund shares sold | | | | | 96,103 | | | | | | 78,267 | | |
Dividends | | | | | 220,648 | | | | | | 73,010 | | |
Interest | | | | | 125 | | | | | | 36 | | |
Foreign tax reclaims | | | | | 48,104 | | | | | | 1,445 | | |
Prepaid expenses | | | | | 159 | | | | | | 32 | | |
Reimbursement due from Investment Adviser | | | | | 260,503 | | | | | | 33,175 | | |
Other assets | | | | | 79,270 | | | | | | 12,288 | | |
Total assets | | | | | 1,070,684,443 | | | | | | 204,974,631 | | |
LIABILITIES: | | | | | | | | | | | | | |
Payable for investment securities purchased | | | | | — | | | | | | 2,991,185 | | |
Payable for fund shares redeemed | | | | | 3,607,068 | | | | | | 70,531 | | |
Payable upon receipt of securities loaned | | | | | 1,959,004 | | | | | | 3,473,327 | | |
Payable for investment management fees | | | | | 675,717 | | | | | | 135,724 | | |
Payable for distribution and shareholder service fees | | | | | 78,842 | | | | | | 24,537 | | |
Payable to trustees under the deferred compensation plan (Note 6) | | | | | 79,270 | | | | | | 12,288 | | |
Payable for trustee fees | | | | | 2,513 | | | | | | 485 | | |
Other accrued expenses and liabilities | | | | | 195,669 | | | | | | 29,768 | | |
Total liabilities | | | | | 6,598,083 | | | | | | 6,737,845 | | |
NET ASSETS | | | | $ | 1,064,086,360 | | | | | $ | 198,236,786 | | |
NET ASSETS WERE COMPRISED OF: | | | | | | | | | | | | | |
Paid-in capital | | | | $ | 1,004,502,126 | | | | | $ | 217,048,684 | | |
Total distributable earnings (loss) | | | | | 59,584,234 | | | | | | (18,811,898) | | |
NET ASSETS | | | | $ | 1,064,086,360 | | | | | $ | 198,236,786 | | |
+ Including securities loaned at value | | | | $ | 1,899,146 | | | | | $ | 3,382,393 | | |
* Cost of investments in securities | | | | $ | 923,278,136 | | | | | $ | 171,772,664 | | |
† Cost of short-term investments | | | | $ | 16,097,004 | | | | | $ | 9,612,327 | | |
| | | Voya MidCap Opportunities Portfolio | | | Voya SmallCap Opportunities Portfolio | | ||||||
Class ADV | | | | | | | | | | | | | |
Net assets | | | | $ | 124,283,770 | | | | | $ | 48,131,117 | | |
Shares authorized | | | | | unlimited | | | | | | unlimited | | |
Par value | | | | $ | 0.010 | | | | | $ | 0.010 | | |
Shares outstanding | | | | | 47,762,393 | | | | | | 3,307,392 | | |
Net asset value and redemption price per share | | | | $ | 2.60 | | | | | $ | 14.55 | | |
Class I | | | | | | | | | | | | | |
Net assets | | | | $ | 707,501,240 | | | | | $ | 123,900,925 | | |
Shares authorized | | | | | unlimited | | | | | | unlimited | | |
Par value | | | | $ | 0.010 | | | | | $ | 0.010 | | |
Shares outstanding | | | | | 148,283,709 | | | | | | 6,732,009 | | |
Net asset value and redemption price per share | | | | $ | 4.77 | | | | | $ | 18.40 | | |
Class R6 | | | | | | | | | | | | | |
Net assets | | | | $ | 110,516,994 | | | | | $ | 1,103,170 | | |
Shares authorized | | | | | unlimited | | | | | | unlimited | | |
Par value | | | | $ | 0.010 | | | | | $ | 0.010 | | |
Shares outstanding | | | | | 23,215,204 | | | | | | 59,979 | | |
Net asset value and redemption price per share | | | | $ | 4.76 | | | | | $ | 18.39 | | |
Class S | | | | | | | | | | | | | |
Net assets | | | | $ | 83,549,321 | | | | | $ | 24,593,670 | | |
Shares authorized | | | | | unlimited | | | | | | unlimited | | |
Par value | | | | $ | 0.010 | | | | | $ | 0.010 | | |
Shares outstanding | | | | | 25,182,925 | | | | | | 1,540,354 | | |
Net asset value and redemption price per share | | | | $ | 3.32 | | | | | $ | 15.97 | | |
Class S2 | | | | | | | | | | | | | |
Net assets | | | | $ | 38,235,035 | | | | | $ | 507,904 | | |
Shares authorized | | | | | unlimited | | | | | | unlimited | | |
Par value | | | | $ | 0.010 | | | | | $ | 0.010 | | |
Shares outstanding | | | | | 12,657,553 | | | | | | 33,684 | | |
Net asset value and redemption price per share | | | | $ | 3.02 | | | | | $ | 15.08 | | |
| | | Voya MidCap Opportunities Portfolio | | | Voya SmallCap Opportunities Portfolio | | ||||||
INVESTMENT INCOME: | | | | | | | | | | | | | |
Dividends | | | | $ | 3,192,217 | | | | | $ | 541,097 | | |
Interest | | | | | 2,174 | | | | | | 479 | | |
Securities lending income, net | | | | | 6,664 | | | | | | 10,170 | | |
Other | | | | | 2,377 | | | | | | 461 | | |
Total investment income | | | | | 3,203,432 | | | | | | 552,207 | | |
EXPENSES: | | | | | | | | | | | | | |
Investment management fees | | | | | 3,960,219 | | | | | | 817,004 | | |
Distribution and shareholder service fees: | | | | | | | | | | | | | |
Class ADV | | | | | 294,596 | | | | | | 116,718 | | |
Class S | | | | | 100,791 | | | | | | 29,856 | | |
Class S2 | | | | | 71,192 | | | | | | 980 | | |
Transfer agent fees: | | | | | | | | | | | | | |
Class ADV | | | | | 96,155 | | | | | | 37,190 | | |
Class I | | | | | 540,808 | | | | | | 95,587 | | |
Class R6 | | | | | 94 | | | | | | — | | |
Class S | | | | | 65,805 | | | | | | 19,025 | | |
Class S2 | | | | | 29,047 | | | | | | 390 | | |
Shareholder reporting expense | | | | | 28,055 | | | | | | 10,860 | | |
Professional fees | | | | | 41,630 | | | | | | 11,041 | | |
Custody and accounting expense | | | | | 45,250 | | | | | | 18,100 | | |
Trustee fees | | | | | 12,563 | | | | | | 2,424 | | |
Miscellaneous expense | | | | | 32,960 | | | | | | 9,001 | | |
Total expenses | | | | | 5,319,165 | | | | | | 1,168,176 | | |
Waived and reimbursed fees | | | | | (1,553,075) | | | | | | (200,885) | | |
Net expenses | | | | | 3,766,090 | | | | | | 967,291 | | |
Net investment loss | | | | | (562,658) | | | | | | (415,084) | | |
REALIZED AND UNREALIZED GAIN (LOSS): | | | | | | | | | | | | | |
Net realized gain (loss) on: | | | | | | | | | | | | | |
Investments | | | | | 12,397,536 | | | | | | (4,672,082) | | |
Foreign currency related transactions | | | | | — | | | | | | 5 | | |
Net realized gain (loss) | | | | | 12,397,536 | | | | | | (4,672,077) | | |
Net change in unrealized appreciation (depreciation) on: | | | | | | | | | | | | | |
Investments | | | | | 136,839,277 | | | | | | 28,091,068 | | |
Net change in unrealized appreciation (depreciation) | | | | | 136,839,277 | | | | | | 28,091,068 | | |
Net realized and unrealized gain | | | | | 149,236,813 | | | | | | 23,418,991 | | |
Increase in net assets resulting from operations | | | | $ | 148,674,155 | | | | | $ | 23,003,907 | | |
| | | Voya MidCap Opportunities Portfolio | | | Voya SmallCap Opportunities Portfolio | | ||||||||||||||||||
| | | Six Months Ended June 30, 2023 (Unaudited) | | | Year Ended December 31, 2022 | | | Six Months Ended June 30, 2023 (Unaudited) | | | Year Ended December 31, 2022 | | ||||||||||||
FROM OPERATIONS: | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment loss | | | | $ | (562,658) | | | | | $ | (1,173,736) | | | | | $ | (415,084) | | | | | $ | (1,183,579) | | |
Net realized gain (loss) | | | | | 12,397,536 | | | | | | (79,560,753) | | | | | | (4,672,077) | | | | | | (33,526,551) | | |
Net change in unrealized appreciation (depreciation) | | | | | 136,839,277 | | | | | | (267,692,810) | | | | | | 28,091,068 | | | | | | (27,975,137) | | |
Increase (decrease) in net assets resulting from operations | | | | | 148,674,155 | | | | | | (348,427,299) | | | | | | 23,003,907 | | | | | | (62,685,267) | | |
FROM DISTRIBUTIONS TO SHAREHOLDERS: | | | | | | | | | | | | | | | | | | | | | | | | | |
Total distributions (excluding return of capital): | | | | | | | | | | | | | | | | | | | | | | | | | |
Class ADV | | | | | — | | | | | | (94,835,472) | | | | | | — | | | | | | (11,704,002) | | |
Class I | | | | | — | | | | | | (427,477,333) | | | | | | — | | | | | | (24,922,077) | | |
Class R6 | | | | | — | | | | | | (65,243,069) | | | | | | — | | | | | | (268,239) | | |
Class S | | | | | — | | | | | | (63,530,474) | | | | | | — | | | | | | (5,983,433) | | |
Class S2 | | | | | — | | | | | | (27,910,303) | | | | | | — | | | | | | (105,417) | | |
Return of capital: | | | | | | | | | | | | | | | | | | | | | | | | | |
Class ADV | | | | | — | | | | | | (719,226) | | | | | | — | | | | | | (47,843) | | |
Class I | | | | | — | | | | | | (3,241,962) | | | | | | — | | | | | | (101,873) | | |
Class R6 | | | | | — | | | | | | (213,785) | | | | | | — | | | | | | (434) | | |
Class S | | | | | — | | | | | | (481,811) | | | | | | — | | | | | | (24,459) | | |
Class S2 | | | | | — | | | | | | (492,684) | | | | | | — | | | | | | (1,094) | | |
Total distributions | | | | | — | | | | | | (684,146,119) | | | | | | — | | | | | | (43,158,871) | | |
FROM CAPITAL SHARE TRANSACTIONS: | | | | | | | | | | | | | | | | | | | | | | | | | |
Net proceeds from sale of shares | | | | | 33,081,494 | | | | | | 61,783,976 | | | | | | 3,842,443 | | | | | | 8,665,612 | | |
Reinvestment of distributions | | | | | — | | | | | | 684,146,119 | | | | | | — | | | | | | 43,158,871 | | |
| | | | | 33,081,494 | | | | | | 745,930,095 | | | | | | 3,842,443 | | | | | | 51,824,483 | | |
Cost of shares redeemed | | | | | (79,021,350) | | | | | | (164,010,986) | | | | | | (16,018,744) | | | | | | (41,791,083) | | |
Net increase (decrease) in net assets resulting from capital share transactions | | | | | (45,939,856) | | | | | | 581,919,109 | | | | | | (12,176,301) | | | | | | 10,033,400 | | |
Net increase (decrease) in net assets | | | | | 102,734,299 | | | | | | (450,654,309) | | | | | | 10,827,606 | | | | | | (95,810,738) | | |
NET ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | |
Beginning of year or period | | | | | 961,352,061 | | | | | | 1,412,006,370 | | | | | | 187,409,180 | | | | | | 283,219,918 | | |
End of year or period | | | | $ | 1,064,086,360 | | | | | $ | 961,352,061 | | | | | $ | 198,236,786 | | | | | $ | 187,409,180 | | |
| | | | | | | | | Income (loss) from investment operations | | | | | | | | | Less Distributions | | | | | | | | | | | | | | | | | | | | | | | | | | | Ratios to average net assets | | | Supplemental Data | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | Net asset value, beginning of year or period | | | Net investment income (loss) | | | Net realized and unrealized gain (loss) | | | Total from investment operations | | | From net investment income | | | From net realized gains | | | From return of capital | | | Total distributions | | | Payment by affiliate | | | Net asset value, end of year or period | | | Total Return(1) | | | Expenses before reductions/additions(2)(3)(4) | | | Expenses net of fee waivers and/or recoupments if any(2)(3)(4) | | | Expenses net of all reductions/additions(2)(3)(4) | | | Net investment income (loss)(2)(3) | | | Net assets, end of year or period | | | Portfolio turnover rate | | |||||||||||||||||||||||||||||||||||||||||||||||||||
Year or period ended | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | (%) | | | (%) | | | (%) | | | (%) | | | (%) | | | ($000’s) | | | (%) | | |||||||||||||||||||||||||||||||||||||||||||||||||||
Voya MidCap Opportunities Portfolio | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class ADV | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 2.25 | | | | | | (0.01)• | | | | | | 0.36 | | | | | | 0.35 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 2.60 | | | | | | 15.56 | | | | | | 1.49 | | | | | | 1.16 | | | | | | 1.16 | | | | | | (0.52) | | | | | | 124,284 | | | | | | 45 | | |
12-31-22 | | | | | 15.67 | | | | | | (0.02)• | | | | | | (4.47) | | | | | | (4.49) | | | | | | — | | | | | | 8.85 | | | | | | 0.07 | | | | | | 8.92 | | | | | | — | | | | | | 2.25 | | | | | | (25.49) | | | | | | 1.47 | | | | | | 1.16 | | | | | | 1.16 | | | | | | (0.51) | | | | | | 115,012 | | | | | | 45 | | |
12-31-21 | | | | | 16.43 | | | | | | (0.13)• | | | | | | 1.99 | | | | | | 1.86 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 15.67 | | | | | | 11.57 | | | | | | 1.35 | | | | | | 1.16 | | | | | | 1.16 | | | | | | (0.79) | | | | | | 180,187 | | | | | | 66 | | |
12-31-20 | | | | | 12.46 | | | | | | (0.09) | | | | | | 4.86 | | | | | | 4.77 | | | | | | 0.00* | | | | | | 0.80 | | | | | | — | | | | | | 0.80 | | | | | | — | | | | | | 16.43 | | | | | | 40.50 | | | | | | 1.37 | | | | | | 1.16 | | | | | | 1.16 | | | | | | (0.65) | | | | | | 185,463 | | | | | | 91 | | |
12-31-19 | | | | | 11.07 | | | | | | (0.01) | | | | | | 3.09 | | | | | | 3.08 | | | | | | 0.01 | | | | | | 1.68 | | | | | | — | | | | | | 1.69 | | | | | | — | | | | | | 12.46 | | | | | | 28.68 | | | | | | 1.29 | | | | | | 1.16 | | | | | | 1.16 | | | | | | (0.10) | | | | | | 154,333 | | | | | | 95 | | |
12-31-18 | | | | | 13.44 | | | | | | (0.04) | | | | | | (0.87) | | | | | | (0.91) | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 11.07 | | | | | | (7.98) | | | | | | 1.28 | | | | | | 1.16 | | | �� | | | 1.16 | | | | | | (0.30) | | | | | | 141,404 | | | | | | 102 | | |
Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 4.12 | | | | | | (0.00)*• | | | | | | 0.65 | | | | | | 0.65 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 4.77 | | | | | | 15.78 | | | | | | 0.99 | | | | | | 0.66 | | | | | | 0.66 | | | | | | (0.02) | | | | | | 707,501 | | | | | | 45 | | |
12-31-22 | | | | | 18.11 | | | | | | (0.00)*• | | | | | | (5.06) | | | | | | (5.06) | | | | | | — | | | | | | 8.85 | | | | | | 0.07 | | | | | | 8.92 | | | | | | — | | | | | | 4.12 | | | | | | (25.07) | | | | | | 0.97 | | | | | | 0.66 | | | | | | 0.66 | | | | | | (0.01) | | | | | | 633,556 | | | | | | 45 | | |
12-31-21 | | | | | 18.54 | | | | | | (0.05)• | | | | | | 2.24 | | | | | | 2.19 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 18.11 | | | | | | 12.07 | | | | | | 0.85 | | | | | | 0.66 | | | | | | 0.66 | | | | | | (0.29) | | | | | | 905,105 | | | | | | 66 | | |
12-31-20 | | | | | 13.92 | | | | | | (0.02) | | | | | | 5.46 | | | | | | 5.44 | | | | | | 0.01 | | | | | | 0.81 | | | | | | — | | | | | | 0.82 | | | | | | — | | | | | | 18.54 | | | | | | 41.14 | | | | | | 0.87 | | | | | | 0.66 | | | | | | 0.66 | | | | | | (0.15) | | | | | | 880,212 | | | | | | 91 | | |
12-31-19 | | | | | 12.17 | | | | | | 0.05 | | | | | | 3.42 | | | | | | 3.47 | | | | | | 0.04 | | | | | | 1.68 | | | | | | — | | | | | | 1.72 | | | | | | — | | | | | | 13.92 | | | | | | 29.34 | | | | | | 0.79 | | | | | | 0.66 | | | | | | 0.66 | | | | | | 0.40 | | | | | | 797,161 | | | | | | 95 | | |
12-31-18 | | | | | 14.56 | | | | | | 0.03 | | | | | | (0.96) | | | | | | (0.93) | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 12.17 | | | | | | (7.48) | | | | | | 0.78 | | | | | | 0.66 | | | | | | 0.66 | | | | | | 0.20 | | | | | | 721,478 | | | | | | 102 | | |
Class R6 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 4.11 | | | | | | (0.00)*• | | | | | | 0.65 | | | | | | 0.65 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 4.76 | | | | | | 15.82 | | | | | | 0.83 | | | | | | 0.66 | | | | | | 0.66 | | | | | | (0.02) | | | | | | 110,517 | | | | | | 45 | | |
12-31-22 | | | | | 18.11 | | | | | | (0.00)*• | | | | | | (5.07) | | | | | | (5.07) | | | | | | — | | | | | | 8.85 | | | | | | 0.07 | | | | | | 8.92 | | | | | | — | | | | | | 4.11 | | | | | | (25.12) | | | | | | 0.83 | | | | | | 0.66 | | | | | | 0.66 | | | | | | (0.01) | | | | | | 95,236 | | | | | | 45 | | |
12-31-21 | | | | | 18.53 | | | | | | (0.05)• | | | | | | 2.25 | | | | | | 2.20 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 18.11 | | | | | | 12.14 | | | | | | 0.77 | | | | | | 0.66 | | | | | | 0.66 | | | | | | (0.29) | | | | | | 135,451 | | | | | | 66 | | |
12-31-20 | | | | | 13.92 | | | | | | (0.02) | | | | | | 5.46 | | | | | | 5.44 | | | | | | 0.01 | | | | | | 0.82 | | | | | | — | | | | | | 0.83 | | | | | | — | | | | | | 18.53 | | | | | | 41.11 | | | | | | 0.78 | | | | | | 0.66 | | | | | | 0.66 | | | | | | (0.16) | | | | | | 126,339 | | | | | | 91 | | |
12-31-19 | | | | | 12.17 | | | | | | 0.05 | | | | | | 3.42 | | | | | | 3.47 | | | | | | 0.04 | | | | | | 1.68 | | | | | | — | | | | | | 1.72 | | | | | | — | | | | | | 13.92 | | | | | | 29.34 | | | | | | 0.79 | | | | | | 0.66 | | | | | | 0.66 | | | | | | 0.45 | | | | | | 76,595 | | | | | | 95 | | |
12-31-18 | | | | | 14.56 | | | | | | 0.02 | | | | | | (0.95) | | | | | | (0.93) | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 12.17 | | | | | | (7.48) | | | | | | 0.78 | | | | | | 0.66 | | | | | | 0.66 | | | | | | 0.22 | | | | | | 32,929 | | | | | | 102 | | |
Class S | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 2.87 | | | | | | (0.00)*• | | | | | | 0.45 | | | | | | 0.45 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3.32 | | | | | | 15.68 | | | | | | 1.24 | | | | | | 0.91 | | | | | | 0.91 | | | | | | (0.27) | | | | | | 83,549 | | | | | | 45 | | |
12-31-22 | | | | | 16.47 | | | | | | (0.01)• | | | | | | (4.66) | | | | | | (4.67) | | | | | | — | | | | | | 8.85 | | | | | | 0.07 | | | | | | 8.92 | | | | | | — | | | | | | 2.87 | | | | | | (25.20) | | | | | | 1.22 | | | | | | 0.91 | | | | | | 0.91 | | | | | | (0.27) | | | | | | 81,784 | | | | | | 45 | | |
12-31-21 | | | | | 17.11 | | | | | | (0.09)• | | | | | | 2.07 | | | | | | 1.98 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 16.47 | | | | | | 11.83 | | | | | | 1.10 | | | | | | 0.91 | | | | | | 0.91 | | | | | | (0.53) | | | | | | 135,499 | | | | | | 66 | | |
12-31-20 | | | | | 12.93 | | | | | | (0.06) | | | | | | 5.06 | | | | | | 5.00 | | | | | | 0.01 | | | | | | 0.81 | | | | | | — | | | | | | 0.82 | | | | | | — | | | | | | 17.11 | | | | | | 40.76 | | | | | | 1.12 | | | | | | 0.91 | | | | | | 0.91 | | | | | | (0.40) | | | | | | 1,046,030 | | | | | | 91 | | |
12-31-19 | | | | | 11.41 | | | | | | 0.02 | | | | | | 3.20 | | | | | | 3.22 | | | | | | 0.02 | | | | | | 1.68 | | | | | | — | | | | | | 1.70 | | | | | | — | | | | | | 12.93 | | | | | | 29.06 | | | | | | 1.04 | | | | | | 0.91 | | | | | | 0.91 | | | | | | 0.15 | | | | | | 882,543 | | | | | | 95 | | |
12-31-18 | | | | | 13.77 | | | | | | (0.01) | | | | | | (0.89) | | | | | | (0.90) | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 11.41 | | | | | | (7.70) | | | | | | 1.03 | | | | | | 0.91 | | | | | | 0.91 | | | | | | (0.05) | | | | | | 836,518 | | | | | | 102 | | |
Class S2 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 2.61 | | | | | | (0.01)• | | | | | | 0.42 | | | | | | 0.41 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3.02 | | | | | | 15.71 | | | | | | 1.39 | | | | | | 1.06 | | | | | | 1.06 | | | | | | (0.42) | | | | | | 38,235 | | | | | | 45 | | |
12-31-22 | | | | | 16.14 | | | | | | (0.02)• | | | | | | (4.58) | | | | | | (4.60) | | | | | | — | | | | | | 8.85 | | | | | | 0.07 | | | | | | 8.92 | | | | | | — | | | | | | 2.61 | | | | | | (25.41) | | | | | | 1.37 | | | | | | 1.06 | | | | | | 1.06 | | | | | | (0.41) | | | | | | 35,764 | | | | | | 45 | | |
12-31-21 | | | | | 16.84 | | | | | | (0.12)• | | | | | | 2.04 | | | | | | 1.92 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 2.62 | | | | | | — | | | | | | 16.14 | | | | | | 11.65 | | | | | | 1.25 | | | | | | 1.06 | | | | | | 1.06 | | | | | | (0.69) | | | | | | 55,765 | | | | | | 66 | | |
12-31-20 | | | | | 12.75 | | | | | | (0.08) | | | | | | 4.97 | | | | | | 4.89 | | | | | | 0.00* | | | | | | 0.80 | | | | | | — | | | | | | 0.80 | | | | | | — | | | | | | 16.84 | | | | | | 40.56 | | | | | | 1.27 | | | | | | 1.06 | | | | | | 1.06 | | | | | | (0.55) | | | | | | 57,255 | | | | | | 91 | | |
12-31-19 | | | | | 11.28 | | | | | | (0.00)* | | | | | | 3.16 | | | | | | 3.16 | | | | | | 0.01 | | | | | | 1.68 | | | | | | — | | | | | | 1.69 | | | | | | — | | | | | | 12.75 | | | | | | 28.89 | | | | | | 1.19 | | | | | | 1.06 | | | | | | 1.06 | | | | | | 0.00* | | | | | | 46,493 | | | | | | 95 | | |
12-31-18 | | | | | 13.66 | | | | | | (0.03) | | | | | | (0.89) | | | | | | (0.92) | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 1.46 | | | | | | — | | | | | | 11.28 | | | | | | (7.92) | | | | | | 1.18 | | | | | | 1.06 | | | | | | 1.06 | | | | | | (0.20) | | | | | | 41,818 | | | | | | 102 | | |
| | | | | | | | | Income (loss) from investment operations | | | | | | | | | Less Distributions | | | | | | | | | | | | | | | | | | | | | | | | | | | Ratios to average net assets | | | Supplemental Data | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | Net asset value, beginning of year or period | | | Net investment income (loss) | | | Net realized and unrealized gain (loss) | | | Total from investment operations | | | From net investment income | | | From net realized gains | | | From return of capital | | | Total distributions | | | Payment by affiliate | | | Net asset value, end of year or period | | | Total Return(1) | | | Expenses before reductions/additions(2)(3)(4) | | | Expenses net of fee waivers and/or recoupments if any(2)(3)(4) | | | Expenses net of all reductions/additions(2)(3)(4) | | | Net investment income (loss)(2)(3) | | | Net assets, end of year or period | | | Portfolio turnover rate | | |||||||||||||||||||||||||||||||||||||||||||||||||||
Year or period ended | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | | (%) | | | (%) | | | (%) | | | (%) | | | (%) | | | ($000’s) | | | (%) | | |||||||||||||||||||||||||||||||||||||||||||||||||||
Voya SmallCap Opportunities Portfolio | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class ADV | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 12.95 | | | | | | (0.05)• | | | | | | 1.65 | | | | | | 1.60 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 14.55 | | | | | | 12.36 | | | | | | 1.56 | | | | | | 1.35 | | | | | | 1.35 | | | | | | (0.78) | | | | | | 48,131 | | | | | | 55 | | |
12-31-22 | | | | | 22.82 | | | | | | (0.14)• | | | | | | (5.37) | | | | | | (5.51) | | | | | | — | | | | | | 4.34 | | | | | | 0.02 | | | | | | 4.36 | | | | | | — | | | | | | 12.95 | | | | | | (23.48) | | | | | | 1.56 | | | | | | 1.35 | | | | | | 1.35 | | | | | | (0.91) | | | | | | 44,505 | | | | | | 179 | | |
12-31-21 | | | | | 24.47 | | | | | | (0.23)• | | | | | | 1.33 | | | | | | 1.10 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 22.82 | | | | | | 4.14 | | | | | | 1.52 | | | | | | 1.35 | | | | | | 1.35 | | | | | | (0.96) | | | | | | 66,518 | | | | | | 128 | | |
12-31-20 | | | | | 19.57 | | | | | | (0.17) | | | | | | 5.17 | | | | | | 5.00 | | | | | | — | | | | | �� | 0.10 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 24.47 | | | | | | 25.74 | | | | | | 1.57 | | | | | | 1.35 | | | | | | 1.35 | | | | | | (0.81) | | | | | | 68,635 | | | | | | 145 | | |
12-31-19 | | | | | 18.21 | | | | | | (0.12) | | | | | | 4.57 | | | | | | 4.45 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 19.57 | | | | | | 25.09 | | | | | | 1.38 | | | | | | 1.38 | | | | | | 1.38 | | | | | | (0.63) | | | | | | 67,555 | | | | | | 133 | | |
12-31-18 | | | | | 26.04 | | | | | | (0.12) | | | | | | (3.11) | | | | | | (3.23) | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 18.21 | | | | | | (16.29) | | | | | | 1.37 | | | | | | 1.37 | | | | | | 1.37 | | | | | | (0.50) | | | | | | 61,957 | | | | | | 108 | | |
Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 16.34 | | | | | | (0.02)• | | | | | | 2.08 | | | | | | 2.06 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 18.40 | | | | | | 12.61 | | | | | | 1.06 | | | | | | 0.85 | | | | | | 0.85 | | | | | | (0.28) | | | | | | 123,901 | | | | | | 55 | | |
12-31-22 | | | | | 27.13 | | | | | | (0.08)• | | | | | | (6.35) | | | | | | (6.43) | | | | | | — | | | | | | 4.34 | | | | | | 0.02 | | | | | | 4.36 | | | | | | — | | | | | | 16.34 | | | | | | (23.09) | | | | | | 1.06 | | | | | | 0.85 | | | | | | 0.85 | | | | | | (0.41) | | | | | | 117,865 | | | | | | 179 | | |
12-31-21 | | | | | 28.47 | | | | | | (0.13)• | | | | | | 1.54 | | | | | | 1.41 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 27.13 | | | | | | 4.67 | | | | | | 1.02 | | | | | | 0.85 | | | | | | 0.85 | | | | | | (0.46) | | | | | | 167,668 | | | | | | 128 | | |
12-31-20 | | | | | 22.64 | | | | | | (0.08) | | | | | | 6.01 | | | | | | 5.93 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 28.47 | | | | | | 26.35 | | | | | | 1.07 | | | | | | 0.85 | | | | | | 0.85 | | | | | | (0.31) | | | | | | 182,625 | | | | | | 145 | | |
12-31-19 | | | | | 20.57 | | | | | | (0.03) | | | | | | 5.19 | | | | | | 5.16 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 22.64 | | | | | | 25.70 | | | | | | 0.88 | | | | | | 0.88 | | | | | | 0.88 | | | | | | (0.13) | | | | | | 199,372 | | | | | | 133 | | |
12-31-18 | | | | | 28.72 | | | | | | 0.00* | | | | | | (3.55) | | | | | | (3.55) | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 20.57 | | | | | | (15.87) | | | | | | 0.87 | | | | | | 0.87 | | | | | | 0.87 | | | | | | 0.00* | | | | | | 182,621 | | | | | | 108 | | |
Class R6 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 16.33 | | | | | | (0.03)• | | | | | | 2.09 | | | | | | 2.06 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 18.39 | | | | | | 12.61 | | | | | | 0.90 | | | | | | 0.85 | | | | | | 0.85 | | | | | | (0.29) | | | | | | 1,103 | | | | | | 55 | | |
12-31-22 | | | | | 27.12 | | | | | | (0.09)• | | | | | | (6.34) | | | | | | (6.43) | | | | | | �� | | | | | | 4.34 | | | | | | 0.02 | | | | | | 4.36 | | | | | | — | | | | | | 16.33 | | | | | | (23.10) | | | | | | 0.90 | | | | | | 0.85 | | | | | | 0.85 | | | | | | (0.43) | | | | | | 1,284 | | | | | | 179 | | |
12-31-21 | | | | | 28.47 | | | | | | (0.14)• | | | | | | 1.54 | | | | | | 1.40 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 27.12 | | | | | | 4.63 | | | | | | 0.87 | | | | | | 0.85 | | | | | | 0.85 | | | | | | (0.47) | | | | | | 9,278 | | | | | | 128 | | |
12-31-20 | | | | | 22.64 | | | | | | (0.08) | | | | | | 6.01 | | | | | | 5.93 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 28.47 | | | | | | 26.35 | | | | | | 0.89 | | | | | | 0.85 | | | | | | 0.85 | | | | | | (0.31) | | | | | | 15,147 | | | | | | 145 | | |
12-31-19 | | | | | 20.57 | | | | | | (0.03) | | | | | | 5.19 | | | | | | 5.16 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 22.64 | | | | | | 25.71 | | | | | | 0.88 | | | | | | 0.88 | | | | | | 0.88 | | | | | | (0.13) | | | | | | 20,997 | | | | | | 133 | | |
12-31-18 | | | | | 28.72 | | | | | | 0.00* | | | | | | (3.55) | | | | | | (3.55) | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 20.57 | | | | | | (15.87) | | | | | | 0.87 | | | | | | 0.87 | | | | | | 0.87 | | | | | | 0.00* | | | | | | 23,066 | | | | | | 108 | | |
Class S | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 14.19 | | | | | | (0.04)• | | | | | | 1.82 | | | | | | 1.78 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 15.97 | | | | | | 12.54 | | | | | | 1.31 | | | | | | 1.10 | | | | | | 1.10 | | | | | | (0.53) | | | | | | 24,594 | | | | | | 55 | | |
12-31-22 | | | | | 24.39 | | | | | | (0.11)• | | | | | | (5.73) | | | | | | (5.84) | | | | | | — | | | | | | 4.34 | | | | | | 0.02 | | | | | | 4.36 | | | | | | — | | | | | | 14.19 | | | | | | (23.30) | | | | | | 1.31 | | | | | | 1.10 | | | | | | 1.10 | | | | | | (0.66) | | | | | | 23,286 | | | | | | 179 | | |
12-31-21 | | | | | 25.92 | | | | | | (0.19)• | | | | | | 1.41 | | | | | | 1.22 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 24.39 | | | | | | 4.38 | | | | | | 1.27 | | | | | | 1.10 | | | | | | 1.10 | | | | | | (0.72) | | | | | | 38,269 | | | | | | 128 | | |
12-31-20 | | | | | 20.67 | | | | | | (0.13) | | | | | | 5.48 | | | | | | 5.35 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 25.92 | | | | | | 26.06 | | | | | | 1.32 | | | | | | 1.10 | | | | | | 1.10 | | | | | | (0.56) | | | | | | 43,862 | | | | | | 145 | | |
12-31-19 | | | | | 19.05 | | | | | | (0.08) | | | | | | 4.79 | | | | | | 4.71 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 20.67 | | | | | | 25.38 | | | | | | 1.13 | | | | | | 1.13 | | | | | | 1.13 | | | | | | (0.38) | | | | | | 43,527 | | | | | | 133 | | |
12-31-18 | | | | | 26.98 | | | | | | (0.06) | | | | | | (3.27) | | | | | | (3.33) | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 19.05 | | | | | | (16.09) | | | | | | 1.12 | | | | | | 1.12 | | | | | | 1.12 | | | | | | (0.25) | | | | | | 45,898 | | | | | | 108 | | |
Class S2 | | | | | | | | | | | | | | | | | | | | | | | | | | ��� | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
06-30-23+ | | | | | 13.41 | | | | | | (0.05)• | | | | | | 1.72 | | | | | | 1.67 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 15.08 | | | | | | 12.45 | | | | | | 1.46 | | | | | | 1.25 | | | | | | 1.25 | | | | | | (0.68) | | | | | | 508 | | | | | | 55 | | |
12-31-22 | | | | | 23.41 | | | | | | (0.14)• | | | | | | (5.50) | | | | | | (5.64) | | | | | | — | | | | | | 4.34 | | | | | | 0.02 | | | | | | 4.36 | | | | | | — | | | | | | 13.41 | | | | | | (23.43) | | | | | | 1.46 | | | | | | 1.25 | | | | | | 1.25 | | | | | | (0.81) | | | | | | 470 | | | | | | 179 | | |
12-31-21 | | | | | 25.01 | | | | | | (0.22)• | | | | | | 1.37 | | | | | | 1.15 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 2.75 | | | | | | — | | | | | | 23.41 | | | | | | 4.25 | | | | | | 1.42 | | | | | | 1.25 | | | | | | 1.25 | | | | | | (0.89) | | | | | | 1,487 | | | | | | 128 | | |
12-31-20 | | | | | 19.98 | | | | | | (0.16) | | | | | | 5.29 | | | | | | 5.13 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 0.10 | | | | | | — | | | | | | 25.01 | | | | | | 25.86 | | | | | | 1.47 | | | | | | 1.25 | | | | | | 1.25 | | | | | | (0.71) | | | | | | 3,080 | | | | | | 145 | | |
12-31-19 | | | | | 18.53 | | | | | | (0.12) | | | | | | 4.66 | | | | | | 4.54 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 3.09 | | | | | | — | | | | | | 19.98 | | | | | | 25.15 | | | | | | 1.28 | | | | | | 1.28 | | | | | | 1.28 | | | | | | (0.53) | | | | | | 3,263 | | | | | | 133 | | |
12-31-18 | | | | | 26.39 | | | | | | (0.11) | | | | | | (3.15) | | | | | | (3.26) | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 4.60 | | | | | | — | | | | | | 18.53 | | | | | | (16.18) | | | | | | 1.27 | | | | | | 1.27 | | | | | | 1.27 | | | | | | (0.41) | | | | | | 3,377 | | | | | | 108 | | |
| | | Purchases | | | Sales | | ||||||
MidCap Opportunities | | | | $ | 450,286,986 | | | | | $ | 489,213,712 | | |
SmallCap Opportunities | | | | | 103,229,087 | | | | | | 117,345,642 | | |
| MidCap Opportunities | | | 0.85% on the first $250 million; 0.80% on the next $400 million; 0.75% on the next $450 million; and 0.70% in excess of $1.1 billion | |
| SmallCap Opportunities | | | 0.85% on the first $250 million; 0.80% on the next $250 million; 0.75% on the next $250 million; 0.70% on the next $250 million; and 0.65% in excess of $1 billion | |
Subsidiary | | | Portfolio | | | Percentage | | |||
ReliaStar Life Insurance Company | | | SmallCap Opportunities | | | | | 15.19% | | |
Voya Institutional Trust Company | | | MidCap Opportunities | | | | | 40.98 | | |
| SmallCap Opportunities | | | | | 31.92 | | | ||
Voya Retirement Insurance and Annuity Company | | | MidCap Opportunities | | | | | 50.29 | | |
| SmallCap Opportunities | | | | | 38.79 | | |
Portfolio | | | Amount | | |||
MidCap Opportunities | | | | $ | 730,966 | | |
SmallCap Opportunities | | | | | 151,891 | | |
Portfolio | | | Class ADV | | | Class I | | | Class R6 | | | Class S | | | Class S2 | | |||||||||||||||
MidCap Opportunities | | | | | 1.40% | | | | | | 0.90% | | | | | | 0.90% | | | | | | 1.10% | | | | | | 1.30% | | |
SmallCap Opportunities | | | | | 1.42% | | | | | | 0.92% | | | | | | 0.92% | | | | | | 1.17% | | | | | | 1.32% | | |
Portfolio | | | Class ADV | | | Class I | | | Class R6 | | | Class S | | | Class S2 | | |||||||||||||||
MidCap Opportunities(1) | | | | | 1.16% | | | | | | 0.66% | | | | | | 0.66% | | | | | | 0.91% | | | | | | 1.06% | | |
SmallCap Opportunities(1) | | | | | 1.35% | | | | | | 0.85% | | | | | | 0.85% | | | | | | 1.10% | | | | | | 1.25% | | |
| | | Shares sold | | | Shares issued in merger | | | Reinvestment of distributions | | | Shares redeemed | | | Net increase (decrease) in shares outstanding | | | Shares sold | | | Proceeds from shares issued in merger | | | Reinvestment of distributions | | | Shares redeemed | | | Net increase (decrease) | | ||||||||||||||||||||||||||||||
Year or period ended | | | # | | | # | | | # | | | # | | | # | | | ($) | | | ($) | | | ($) | | | ($) | | | ($) | | ||||||||||||||||||||||||||||||
MidCap Opportunities | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class ADV | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 888,303 | | | | | | — | | | | | | — | | | | | | (4,207,206) | | | | | | (3,318,903) | | | | | | 2,091,992 | | | | | | — | | | | | | — | | | | | | (10,131,457) | | | | | | (8,039,465) | | |
12/31/2022 | | | | | 986,705 | | | | | | — | | | | | | 44,861,361 | | | | | | (6,268,178) | | | | | | 39,579,888 | | | | | | 4,613,051 | | | | | | — | | | | | | 95,554,698 | | | | | | (25,181,724) | | | | | | 74,986,025 | | |
Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 4,139,545 | | | | | | — | | | | | | — | | | | | | (9,700,274) | | | | | | (5,560,729) | | | | | | 17,679,059 | | | | | | — | | | | | | — | | | | | | (42,957,269) | | | | | | (25,278,210) | | |
12/31/2022 | | | | | 5,438,176 | | | | | | — | | | | | | 110,724,754 | | | | | | (12,286,219) | | | | | | 103,876,711 | | | | | | 37,786,062 | | | | | | — | | | | | | 430,719,295 | | | | | | (85,083,409) | | | | | | 383,421,948 | | |
Class R6 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 2,564,811 | | | | | | — | | | | | | — | | | | | | (2,527,534) | | | | | | 37,277 | | | | | | 11,289,071 | | | | | | — | | | | | | — | | | | | | (10,995,196) | | | | | | 293,875 | | |
12/31/2022 | | | | | 1,975,804 | | | | | | — | | | | | | 16,870,323 | | | | | | (3,149,474) | | | | | | 15,696,653 | | | | | | 15,006,875 | | | | | | — | | | | | | 65,456,854 | | | | | | (21,443,608) | | | | | | 59,020,121 | | |
Class S | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 521,432 | | | | | | — | | | | | | — | | | | | | (3,863,609) | | | | | | (3,342,177) | | | | | | 1,593,608 | | | | | | — | | | | | | — | | | | | | (11,709,387) | | | | | | (10,115,779) | | |
12/31/2022 | | | | | 523,004 | | | | | | — | | | | | | 23,620,769 | | | | | | (3,847,327) | | | | | | 20,296,446 | | | | | | 3,110,409 | | | | | | — | | | | | | 64,012,285 | | | | | | (24,870,381) | | | | | | 42,252,313 | | |
Class S2 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 154,182 | | | | | | — | | | | | | — | | | | | | (1,187,070) | | | | | | (1,032,888) | | | | | | 427,764 | | | | | | — | | | | | | — | | | | | | (3,228,041) | | | | | | (2,800,277) | | |
12/31/2022 | | | | | 222,959 | | | | | | — | | | | | | 11,499,185 | | | | | | (1,485,847) | | | | | | 10,236,297 | | | | | | 1,267,579 | | | | | | — | | | | | | 28,402,987 | | | | | | (7,431,864) | | | | | | 22,238,702 | | |
SmallCap Opportunities | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class ADV | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 68,933 | | | | | | — | | | | | | — | | | | | | (197,614) | | | | | | (128,681) | | | | | | 925,995 | | | | | | — | | | | | | — | | | | | | (2,741,201) | | | | | | (1,815,206) | | |
12/31/2022 | | | | | 97,163 | | | | | | — | | | | | | 939,396 | | | | | | (515,750) | | | | | | 520,809 | | | | | | 1,705,306 | | | | | | — | | | | | | 11,751,845 | | | | | | (8,715,143) | | | | | | 4,742,008 | | |
Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 139,441 | | | | | | — | | | | | | — | | | | | | (620,652) | | | | | | (481,211) | | | | | | 2,428,457 | | | | | | — | | | | | | — | | | | | | (10,918,043) | | | | | | (8,489,586) | | |
12/31/2022 | | | | | 288,985 | | | | | | — | | | | | | 1,589,832 | | | | | | (846,586) | | | | | | 1,032,231 | | | | | | 5,353,193 | | | | | | — | | | | | | 25,023,950 | | | | | | (17,533,551) | | | | | | 12,843,592 | | |
Class R6 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 4,646 | | | | | | — | | | | | | — | | | | | | (23,283) | | | | | | (18,637) | | | | | | 82,085 | | | | | | — | | | | | | — | | | | | | (415,501) | | | | | | (333,416) | | |
12/31/2022 | | | | | 18,472 | | | | | | — | | | | | | 17,080 | | | | | | (299,083) | | | | | | (263,531) | | | | | | 397,650 | | | | | | — | | | | | | 268,673 | | | | | | (7,010,738) | | | | | | (6,344,415) | | |
Class S | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 24,518 | | | | | | — | | | | | | — | | | | | | (124,837) | | | | | | (100,319) | | | | | | 369,211 | | | | | | — | | | | | | — | | | | | | (1,887,777) | | | | | | (1,518,566) | | |
12/31/2022 | | | | | 61,234 | | | | | | — | | | | | | 438,853 | | | | | | (428,711) | | | | | | 71,376 | | | | | | 1,122,479 | | | | | | — | | | | | | 6,007,892 | | | | | | (7,690,805) | | | | | | (560,434) | | |
Class S2 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/30/2023 | | | | | 2,550 | | | | | | — | | | | | | — | | | | | | (3,874) | | | | | | (1,324) | | | | | | 36,695 | | | | | | — | | | | | | — | | | | | | (56,222) | | | | | | (19,527) | | |
12/31/2022 | | | | | 5,114 | | | | | | — | | | | | | 8,225 | | | | | | (41,833) | | | | | | (28,494) | | | | | | 86,984 | | | | | | — | | | | | | 106,511 | | | | | | (840,846) | | | | | | (647,351) | | |
Counterparty | | | Securities Loaned at Value | | | Cash Collateral Received(1) | | | Net Amount | | |||||||||
HSBC Bank PLC | | | | $ | 1,882,699 | | | | | $ | (1,882,699) | | | | | $ | — | | |
Wells Fargo Bank NA | | | | | 16,447 | | | | | | (16,447) | | | | | | — | | |
Total | | | | $ | 1,899,146 | | | | | $ | (1,899,146) | | | | | $ | — | | |
Counterparty | | | Securities Loaned at Value | | | Cash Collateral Received(1) | | | Net Amount | | |||||||||
Nomura Securities International, Inc. | | | | $ | 2,262,209 | | | | | $ | (2,262,209) | | | | | $ | — | | |
Scotia Capital (USA) INC | | | | | 363,312 | | | | | | (363,312) | | | | | | — | | |
UBS AG | | | | | 756,872 | | | | | | (756,872) | | | | | | — | | |
Total | | | | $ | 3,382,393 | | | | | $ | (3,382,393) | | | | | $ | — | | |
| | | Year Ended December 31, 2022 | | | Year Ended December 31, 2021 | | ||||||||||||||||||||||||
| | | Ordinary Income | | | Long-term Capital Gains | | | Return of Capital | | | Ordinary Income | | | Long-term Capital Gains | | |||||||||||||||
MidCap Opportunities | | | | $ | 184,631,927 | | | | | $ | 494,364,724 | | | | | $ | 5,149,468 | | | | | $ | 175,414,024 | | | | | $ | 143,469,617 | | |
SmallCap Opportunities | | | | | 22,900,843 | | | | | | 20,082,325 | | | | | | 175,703 | | | | | | 18,624,149 | | | | | | 11,305,729 | | |
| | | Unrealized Appreciation/ (Depreciation) | | | Capital Loss Carryforwards | | | Total Distributable Earnings/ (Loss) | | ||||||||||||||||||
| Amount | | | Character | | | Expiration | | ||||||||||||||||||||
MidCap Opportunities | | | | $ | (11,380,337) | | | | | $ | (77,709,584) | | | | Short-term | | | | | None | | | | | $ | (89,089,921) | | |
SmallCap Opportunities | | | | | (9,789,970) | | | | | | (32,025,835) | | | | Short-term | | | | | None | | | | | | (41,815,805) | | |
Voya MidCap Opportunities Portfolio | as of June 30, 2023 (Unaudited) |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
COMMON STOCK: 99.0% | | |||||||||||||||
| | | Communication Services: 3.1% | | ||||||||||||
506,973 (1) | | | Pinterest, Inc. | | | | $ | 13,860,642 | | | | | | 1.3 | | |
244,821 (1) | | | Trade Desk, Inc./The | | | | | 18,905,077 | | | | | | 1.8 | | |
| | | | | | | | 32,765,719 | | | | | | 3.1 | | |
| | | Consumer Discretionary: 11.6% | | ||||||||||||
14,462 (1) | | | Chipotle Mexican Grill, Inc. | | | | | 30,934,218 | | | | | | 2.9 | | |
146,207 (1) | | | Expedia Group, Inc. | | | | | 15,993,584 | | | | | | 1.5 | | |
57,753 (1) | | | Lululemon Athletica, Inc. | | | | | 21,859,510 | | | | | | 2.1 | | |
89,557 | | | Ralph Lauren Corp. | | | | | 11,042,378 | | | | | | 1.0 | | |
291,337 | | | Ross Stores, Inc. | | | | | 32,667,618 | | | | | | 3.1 | | |
48,118 | | | Tractor Supply Co. | | | | | 10,638,890 | | | | | | 1.0 | | |
| | | | | | | | 123,136,198 | | | | | | 11.6 | | |
| | | Consumer Staples: 4.8% | | ||||||||||||
57,318 (1)(2) | | | Celsius Holdings, Inc. | | | | | 8,551,273 | | | | | | 0.8 | | |
160,619 | | | Church & Dwight Co., Inc. | | | | | 16,098,842 | | | | | | 1.5 | | |
66,177 | | | Constellation Brands, Inc. | | | | | 16,288,145 | | | | | | 1.5 | | |
406,391 (1) | | | Hostess Brands, Inc. | | | | | 10,289,820 | | | | | | 1.0 | | |
| | | | | | | | 51,228,080 | | | | | | 4.8 | | |
| | | Energy: 3.4% | | ||||||||||||
65,965 | | | Cheniere Energy, Inc. | | | | | 10,050,427 | | | | | | 1.0 | | |
167,816 | | | Halliburton Co. | | | | | 5,536,250 | | | | | | 0.5 | | |
152,107 | | | Hess Corp. | | | | | 20,678,947 | | | | | | 1.9 | | |
| | | | | | | | 36,265,624 | | | | | | 3.4 | | |
| | | Financials: 8.1% | | ||||||||||||
320,139 | | | Apollo Global Management, Inc. | | | | | 24,589,876 | | | | | | 2.3 | | |
73,839 | | | Arthur J. Gallagher & Co. | | | | | 16,212,829 | | | | | | 1.5 | | |
118,644 | | | LPL Financial Holdings, Inc. | | | | | 25,796,765 | | | | | | 2.4 | | |
289,616 | | | Tradeweb Markets, Inc. | | | | | 19,832,904 | | | | | | 1.9 | | |
| | | | | | | | 86,432,374 | | | | | | 8.1 | | |
| | | Health Care: 22.4% | | ||||||||||||
33,241 (1) | | | Alnylam Pharmaceuticals, Inc. | | | | | 6,313,796 | | | | | | 0.6 | | |
97,927 | | | AmerisourceBergen Corp. | | | | | 18,844,093 | | | | | | 1.8 | | |
426,354 (1) | | | Amylyx Pharmaceuticals, Inc. | | | | | 9,196,456 | | | | | | 0.9 | | |
93,717 (1) | | | Charles River Laboratories International, Inc. | | | | | 19,703,999 | | | | | | 1.8 | | |
112,005 | | | Conmed Corp. | | | | | 15,220,359 | | | | | | 1.4 | | |
281,832 (1) | | | DexCom, Inc. | | | | | 36,218,230 | | | | | | 3.4 | | |
165,801 (1) | | | Inari Medical, Inc. | | | | | 9,639,670 | | | | | | 0.9 | | |
74,848 (1) | | | Inspire Medical Systems, Inc. | | | | | 24,298,655 | | | | | | 2.3 | | |
13,434 (1) | | | Mettler Toledo International, Inc. | | | | | 17,620,572 | | | | | | 1.7 | | |
370,711 (1) | | | Progyny, Inc. | | | | | 14,583,771 | | | | | | 1.4 | | |
107,441 (1)(2) | | | Reata Pharmaceuticals, Inc. | | | | | 10,954,684 | | | | | | 1.0 | | |
64,384 | | | Resmed, Inc. | | | | | 14,067,904 | | | | | | 1.3 | | |
212,886 (1) | | | Tenet Healthcare Corp. | | | | | 17,324,663 | | | | | | 1.6 | | |
50,549 (1) | | | United Therapeutics Corp. | | | | | 11,158,692 | | | | | | 1.0 | | |
86,868 | | | Universal Health Services, Inc. | | | | | 13,705,164 | | | | | | 1.3 | | |
| | | | | | | | 238,850,708 | | | | | | 22.4 | | |
| | | Industrials: 16.6% | | ||||||||||||
153,056 | | | Ametek, Inc. | | | | | 24,776,705 | | | | | | 2.3 | | |
99,344 | | | Booz Allen Hamilton Holding Corp. | | | | | 11,086,791 | | | | | | 1.0 | | |
350,955 | | | Howmet Aerospace, Inc. | | | | | 17,393,330 | | | | | | 1.6 | | |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
COMMON STOCK: (continued) | | |||||||||||||||
| | | Industrials (continued) | | ||||||||||||
162,851 | | | Ingersoll Rand, Inc. | | | | $ | 10,643,941 | | | | | | 1.0 | | |
105,448 | | | Quanta Services, Inc. | | | | | 20,715,260 | | | | | | 2.0 | | |
253,028 | | | Rollins, Inc. | | | | | 10,837,189 | | | | | | 1.0 | | |
59,479 (1) | | | Saia, Inc. | | | | | 20,366,204 | | | | | | 1.9 | | |
31,764 | | | TransDigm Group, Inc. | | | | | 28,402,416 | | | | | | 2.7 | | |
86,952 | | | Verisk Analytics, Inc. | | | | | 19,653,761 | | | | | | 1.9 | | |
255,913 (1) | | | WillScot Mobile Mini Holdings Corp. | | | | | 12,230,082 | | | | | | 1.2 | | |
| | | | | | | | 176,105,679 | | | | | | 16.6 | | |
| | | Information Technology: 24.9% | | ||||||||||||
73,843 (1) | | | Atlassian Corp. | | | | | 12,391,594 | | | | | | 1.2 | | |
265,543 | | | Bentley Systems, Inc. | | | | | 14,400,397 | | | | | | 1.3 | | |
54,802 (1) | | | Cadence Design Systems, Inc. | | | | | 12,852,165 | | | | | | 1.2 | | |
149,628 (1) | | | Crowdstrike Holdings, Inc. | | | | | 21,975,864 | | | | | | 2.1 | | |
212,654 (1) | | | Datadog, Inc. | | | | | 20,920,901 | | | | | | 2.0 | | |
63,091 (1) | | | Enphase Energy, Inc. | | | | | 10,566,481 | | | | | | 1.0 | | |
135,649 | | | Entegris, Inc. | | | | | 15,032,622 | | | | | | 1.4 | | |
33,123 (1) | | | HubSpot, Inc. | | | | | 17,624,417 | | | | | | 1.6 | | |
134,623 (1) | | ��� | Keysight Technologies, Inc. | | | | | 22,542,621 | | | | | | 2.1 | | |
139,615 (1) | | | Lattice Semiconductor Corp. | | | | | 13,412,813 | | | | | | 1.3 | | |
47,402 (1) | | | MongoDB, Inc. | | | | | 19,481,748 | | | | | | 1.8 | | |
33,033 | | | Monolithic Power Systems, Inc. | | | | | 17,845,418 | | | | | | 1.7 | | |
30,273 | | | Motorola Solutions, Inc. | | | | | 8,878,465 | | | | | | 0.8 | | |
72,680 (1) | | | Palo Alto Networks, Inc. | | | | | 18,570,467 | | | | | | 1.7 | | |
32,630 | | | Roper Technologies, Inc. | | | | | 15,688,504 | | | | | | 1.5 | | |
95,692 (1) | | | Twilio, Inc. | | | | | 6,087,925 | | | | | | 0.6 | | |
75,941 (1) | | | Workday, Inc. | | | | | 17,154,312 | | | | | | 1.6 | | |
| | | | | | | | 265,426,714 | | | | | | 24.9 | | |
| | | Materials: 2.4% | | ||||||||||||
110,068 | | | Ashland, Inc. | | | | | 9,566,010 | | | | | | 0.9 | | |
93,250 | | | Avery Dennison Corp. | | | | | 16,020,350 | | | | | | 1.5 | | |
| | | | | | | | 25,586,360 | | | | | | 2.4 | | |
| | | Real Estate: 1.7% | | ||||||||||||
220,567 | | | Welltower, Inc. | | | | | 17,841,665 | | | | | | 1.7 | | |
| | | Total Common Stock (Cost $923,278,136) | | | | | 1,053,639,121 | | | | | | 99.0 | | |
|
Principal Amount† | | | Value | | | Percentage of Net Assets | | |||||||||
SHORT-TERM INVESTMENTS: 1.5% | | |||||||||||||||
| | | Repurchase Agreements: 0.2% | | ||||||||||||
959,004 (3) | | | Bank of America Inc., Repurchase Agreement dated 06/30/23, 5.06%, due 07/03/23 (Repurchase Amount $959,403, collateralized by various U.S. Government Agency Obligations, 2.000%-6.500%, Market Value plus accrued interest $978,184, due 04/01/35-09/01/61) | | | | | 959,004 | | | | | | 0.1 | | |
Voya MidCap Opportunities Portfolio | as of June 30, 2023 (Unaudited) (continued) |
Principal Amount† | | | Value | | | Percentage of Net Assets | | |||||||||
SHORT-TERM INVESTMENTS: (continued) | | |||||||||||||||
| | | Repurchase Agreements (continued) | | ||||||||||||
1,000,000 (3) | | | RBC Dominion Securities Inc., Repurchase Agreement dated 06/30/23, 5.06%, due 07/03/23 (Repurchase Amount $1,000,416, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-7.500%, Market Value plus accrued interest $1,020,000, due 07/31/23-05/20/53) | | | | $ | 1,000,000 | | | | | | 0.1 | | |
| | | Total Repurchase Agreements (Cost $1,959,004) | | | | | 1,959,004 | | | | | | 0.2 | | |
|
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
SHORT-TERM INVESTMENTS: (continued) | | |||||||||||||||
| | | Mutual Funds: 1.3% | | ||||||||||||
14,138,000 (4) | | | Morgan Stanley Institutional Liquidity Funds - Government Portfolio (Institutional Share Class), 5.030% (Cost $14,138,000) | | | | $ | 14,138,000 | | | | | | 1.3 | | |
| | | Total Short-Term Investments (Cost $16,097,004) | | | | | 16,097,004 | | | | | | 1.5 | | |
| | | Total Investments in Securities (Cost $939,375,140) | | | | $ | 1,069,736,125 | | | | | | 100.5 | | |
| | | Liabilities in Excess of Other Assets | | | | | (5,649,765) | | | | | | (0.5) | | |
| | | Net Assets | | | | $ | 1,064,086,360 | | | | | | 100.0 | | |
| | | Quoted Prices in Active Markets for Identical Investments (Level 1) | | | Significant Other Observable Inputs (Level 2) | | | Significant Unobservable Inputs (Level 3) | | | Fair Value at June 30, 2023 | | ||||||||||||
Asset Table | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments, at fair value | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Stock* | | | | $ | 1,053,639,121 | | | | | $ | — | | | | | $ | — | | | | | $ | 1,053,639,121 | | |
Short-Term Investments | | | | | 14,138,000 | | | | | | 1,959,004 | | | | | | — | | | | | | 16,097,004 | | |
Total Investments, at fair value | | | | $ | 1,067,777,121 | | | | | $ | 1,959,004 | | | | | $ | — | | | | | $ | 1,069,736,125 | | |
| Gross Unrealized Appreciation | | | | $ | 163,863,035 | | |
| Gross Unrealized Depreciation | | | | | (38,404,095) | | |
| Net Unrealized Appreciation | | | | $ | 125,458,940 | | |
Voya SmallCap | PORTFOLIO OF INVESTMENTS |
Opportunities Portfolio | as of June 30, 2023 (Unaudited) |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
COMMON STOCK: 96.0% | | |||||||||||||||
| | | Communication Services: 0.7% | | ||||||||||||
22,003 | | | Iridium Communications, Inc. | | | | $ | 1,366,826 | | | | | | 0.7 | | |
| | | | | ||||||||||||
| | | Consumer Discretionary: 7.7% | | ||||||||||||
4,780 (1) | | | Cavco Industries, Inc. | | | | | 1,410,100 | | | | | | 0.7 | | |
35,233 | | | Churchill Downs, Inc. | | | | | 4,903,377 | | | | | | 2.5 | | |
10,558 (1) | | | Five Below, Inc. | | | | | 2,075,069 | | | | | | 1.0 | | |
20,147 (1) | | | Revolve Group, Inc. | | | | | 330,411 | | | | | | 0.2 | | |
29,517 (1) | | | Skyline Champion Corp. | | | | | 1,931,888 | | | | | | 1.0 | | |
28,998 | | | Strategic Education, Inc. | | | | | 1,967,224 | | | | | | 1.0 | | |
12,611 | | | Texas Roadhouse, Inc. | | | | | 1,415,963 | | | | | | 0.7 | | |
70,252 (1) | | | Xponential Fitness, Inc. | | | | | 1,211,847 | | | | | | 0.6 | | |
| | | | | | | | 15,245,879 | | | | | | 7.7 | | |
| | | Consumer Staples: 1.9% | | ||||||||||||
25,393 (1) | | | Celsius Holdings, Inc. | | | | | 3,788,382 | | | | | | 1.9 | | |
| | | | | ||||||||||||
| | | Energy: 5.6% | | ||||||||||||
365,044 (1) | | | Helix Energy Solutions Group, Inc. | | | | | 2,694,025 | | | | | | 1.4 | | |
45,474 | | | Matador Resources Co. | | | | | 2,379,200 | | | | | | 1.2 | | |
88,929 | | | Northern Oil and Gas, Inc. | | | | | 3,052,043 | | | | | | 1.5 | | |
44,444 (1) | | | Weatherford International PLC | | | | | 2,951,970 | | | | | | 1.5 | | |
| | | | | | | | 11,077,238 | | | | | | 5.6 | | |
| | | Financials: 5.8% | | ||||||||||||
42,467 (2) | | | HCI Group, Inc. | | | | | 2,623,611 | | | | | | 1.3 | | |
77,839 (1) | | | I3 Verticals, Inc. | | | | | 1,779,400 | | | | | | 0.9 | | |
7,330 | | | Kinsale Capital Group, Inc. | | | | | 2,742,886 | | | | | | 1.4 | | |
40,621 (1) | | | Palomar Holdings, Inc. | | | | | 2,357,643 | | | | | | 1.2 | | |
30,650 (1) | | | Shift4 Payments, Inc. | | | | | 2,081,441 | | | | | | 1.0 | | |
| | | | | | | | 11,584,981 | | | | | | 5.8 | | |
| | | Health Care: 24.4% | | ||||||||||||
24,346 (1) | | | Acadia Pharmaceuticals, Inc. | | | | | 583,087 | | | | | | 0.3 | | |
26,558 (1) | | | Alkermes PLC | | | | | 831,265 | | | | | | 0.4 | | |
45,188 (1) | | | Amicus Therapeutics, Inc. | | | | | 567,561 | | | | | | 0.3 | | |
16,439 (1) | | | Arrowhead Pharmaceuticals, Inc. | | | | | 586,215 | | | | | | 0.3 | | |
32,350 (1) | | | Axonics, Inc. | | | | | 1,632,705 | | | | | | 0.8 | | |
4,846 (1) | | | Axsome Therapeutics, Inc. | | | | | 348,234 | | | | | | 0.2 | | |
65,420 (1) | | | BioLife Solutions, Inc. | | | | | 1,445,782 | | | | | | 0.7 | | |
9,080 (1) | | | Blueprint Medicines Corp. | | | | | 573,856 | | | | | | 0.3 | | |
9,800 (1) | | | Charles River Laboratories International, Inc. | | | | | 2,060,450 | | | | | | 1.0 | | |
15,969 | | | Conmed Corp. | | | | | 2,170,027 | | | | | | 1.1 | | |
14,323 (1) | | | Cytokinetics, Inc. | | | | | 467,216 | | | | | | 0.2 | | |
19,871 (1) | | | Denali Therapeutics, Inc. | | | | | 586,393 | | | | | | 0.3 | | |
22,845 | | | Ensign Group, Inc. | | | | | 2,180,784 | | | | | | 1.1 | | |
35,359 (1)(2) | | | Establishment Labs Holdings, Inc. | | | | | 2,425,981 | | | | | | 1.2 | | |
92,745 (1) | | | Evolent Health, Inc. | | | | | 2,810,174 | | | | | | 1.4 | | |
20,576 (1) | | | Halozyme Therapeutics, Inc. | | | | | 742,176 | | | | | | 0.4 | | |
19,774 (1) | | | Insmed, Inc. | | | | | 417,231 | | | | | | 0.2 | | |
6,053 (1) | | | Inspire Medical Systems, Inc. | | | | | 1,965,046 | | | | | | 1.0 | | |
14,920 (1) | | | Intra-Cellular Therapies, Inc. | | | | | 944,734 | | | | | | 0.5 | | |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
COMMON STOCK: (continued) | | |||||||||||||||
| | | Health Care (continued) | | ||||||||||||
2,269 (1) | | | Madrigal Pharmaceuticals, Inc. | | | | $ | 524,139 | | | | | | 0.3 | | |
50,579 (1) | | | Natera, Inc. | | | | | 2,461,174 | | | | | | 1.2 | | |
54,841 (1) | | | Option Care Health, Inc. | | | | | 1,781,784 | | | | | | 0.9 | | |
10,185 (1) | | | Penumbra, Inc. | | | | | 3,504,251 | �� | | | | | 1.8 | | |
71,939 (1) | | | Progyny, Inc. | | | | | 2,830,080 | | | | | | 1.4 | | |
5,937 (1) | | | Prothena Corp. PLC | | | | | 405,378 | | | | | | 0.2 | | |
29,066 (1) | | | QuidelOrtho Corp. | | | | | 2,408,409 | | | | | | 1.2 | | |
114,390 (1) | | | R1 RCM, Inc. | | | | | 2,110,496 | | | | | | 1.1 | | |
9,866 (1) | | | Reata Pharmaceuticals, Inc. | | | | | 1,005,937 | | | | | | 0.5 | | |
12,161 (1) | | | Repligen Corp. | | | | | 1,720,295 | | | | | | 0.9 | | |
8,020 (1) | | | Sage Therapeutics, Inc. | | | | | 377,100 | | | | | | 0.2 | | |
57,433 (1) | | | Tenet Healthcare Corp. | | | | | 4,673,898 | | | | | | 2.4 | | |
24,090 (1) | | | TG Therapeutics, Inc. | | | | | 598,396 | | | | | | 0.3 | | |
14,085 (1) | | | Vaxcyte, Inc. | | | | | 703,405 | | | | | | 0.3 | | |
| | | | | | | | 48,443,659 | | | | | | 24.4 | | |
| | | Industrials: 26.7% | | ||||||||||||
16,108 | | | Advanced Drainage Systems, Inc. | | | | | 1,832,768 | | | | | | 0.9 | | |
14,469 | | | ArcBest Corp. | | | | | 1,429,537 | | | | | | 0.7 | | |
91,963 (1) | | | Array Technologies, Inc. | | | | | 2,078,364 | | | | | | 1.1 | | |
9,226 (1) | | | CACI International, Inc. | | | | | 3,144,590 | | | | | | 1.6 | | |
26,628 (1) | | | Casella Waste Systems, Inc. | | | | | 2,408,503 | | | | | | 1.2 | | |
22,633 (1) | | | Chart Industries, Inc. | | | | | 3,616,527 | | | | | | 1.8 | | |
15,684 (1) | | | Clean Harbors, Inc. | | | | | 2,578,920 | | | | | | 1.3 | | |
71,528 (1) | | | Construction Partners, Inc. | | | | | 2,245,264 | | | | | | 1.1 | | |
48,609 (1) | | | Driven Brands Holdings, Inc. | | | | | 1,315,360 | | | | | | 0.7 | | |
8,755 (1) | | | ExlService Holdings, Inc. | | | | | 1,322,530 | | | | | | 0.7 | | |
13,098 | | | Exponent, Inc. | | | | | 1,222,305 | | | | | | 0.6 | | |
66,581 | | | Flowserve Corp. | | | | | 2,473,484 | | | | | | 1.2 | | |
116,516 | | | FTAI Aviation Ltd. | | | | | 3,688,897 | | | | | | 1.9 | | |
25,492 | | | Helios Technologies, Inc. | | | | | 1,684,766 | | | | | | 0.9 | | |
27,013 (1) | | | Kirby Corp. | | | | | 2,078,650 | | | | | | 1.1 | | |
71,424 | | | Marten Transport Ltd. | | | | | 1,535,616 | | | | | | 0.8 | | |
48,770 | | | MAXIMUS, Inc. | | | | | 4,121,553 | | | | | | 2.1 | | |
11,589 (1) | | | MYR Group, Inc. | | | | | 1,603,222 | | | | | | 0.8 | | |
19,894 (1) | | | NV5 Global, Inc. | | | | | 2,203,659 | | | | | | 1.1 | | |
6,958 (1) | | | Saia, Inc. | | | | | 2,382,489 | | | | | | 1.2 | | |
43,839 (1) | | | Sterling Infrastructure, Inc. | | | | | 2,446,216 | | | | | | 1.2 | | |
27,050 (1) | | | Vicor Corp. | | | | | 1,460,700 | | | | | | 0.7 | | |
34,600 (1) | | | WillScot Mobile Mini Holdings Corp. | | | | | 1,653,534 | | | | | | 0.8 | | |
32,060 (1) | | | WNS Holdings Ltd. ADR | | | | | 2,363,463 | | | | | | 1.2 | | |
| | | | | | | | 52,890,917 | | | | | | 26.7 | | |
| | | Information Technology: 19.6% | | ||||||||||||
12,485 (1) | | | Axcelis Technologies, Inc. | | | | | 2,288,875 | | | | | | 1.2 | | |
5,501 (1) | | | Blackline, Inc. | | | | | 296,064 | | | | | | 0.1 | | |
29,897 (1) | | | Calix, Inc. | | | | | 1,492,159 | | | | | | 0.7 | | |
41,252 (1) | | | Cohu, Inc. | | | | | 1,714,433 | | | | | | 0.9 | | |
10,988 (1) | | | CyberArk Software Ltd. | | | | | 1,717,754 | | | | | | 0.9 | | |
23,915 (1) | | | Guidewire Software, Inc. | | | | | 1,819,453 | | | | | | 0.9 | | |
149,686 (1) | | | Harmonic, Inc. | | | | | 2,420,423 | | | | | | 1.2 | | |
28,710 | | | Kulicke & Soffa Industries, Inc. | | | | | 1,706,810 | | | | | | 0.9 | | |
Voya SmallCap | PORTFOLIO OF INVESTMENTS |
Opportunities Portfolio | as of June 30, 2023 (Unaudited) (continued) |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
COMMON STOCK: (continued) | | |||||||||||||||
| | | Information Technology (continued) | | ||||||||||||
10,368 | | | Littelfuse, Inc. | | | | $ | 3,020,302 | | | | | | 1.5 | | |
10,595 (1) | | | Manhattan Associates, Inc. | | | | | 2,117,729 | | | | | | 1.1 | | |
25,618 (1) | | | Onto Innovation, Inc. | | | | | 2,983,728 | | | | | | 1.5 | | |
16,473 | | | Power Integrations, Inc. | | | | | 1,559,499 | | | | | | 0.8 | | |
22,173 (1) | | | Rambus, Inc. | | | | | 1,422,841 | | | | | | 0.7 | | |
21,430 (1) | | | SiTime Corp. | | | | | 2,528,097 | | | | | | 1.3 | | |
37,132 (1) | | | Smartsheet, Inc. | | | | | 1,420,670 | | | | | | 0.7 | | |
30,231 (1) | | | Sprout Social, Inc. | | | | | 1,395,463 | | | | | | 0.7 | | |
7,176 (1) | | | Super Micro Computer, Inc. | | | | | 1,788,618 | | | | | | 0.9 | | |
49,323 (1) | | | Tenable Holdings, Inc. | | | | | 2,148,017 | | | | | | 1.1 | | |
14,927 | | | Universal Display Corp. | | | | | 2,151,429 | | | | | | 1.1 | | |
105,248 (1) | | | Varonis Systems, Inc. | | | | | 2,804,859 | | | | | | 1.4 | | |
| | | | | | | | 38,797,223 | | | | | | 19.6 | | |
| | | Materials: 3.6% | | ||||||||||||
22,468 | | | Innospec, Inc. | | | | | 2,256,686 | | | | | | 1.1 | | |
85,285 (1)(2) | | | Livent Corp. | | | | | 2,339,367 | | | | | | 1.2 | | |
68,615 (1) | | | Summit Materials, Inc. | | | | | 2,597,078 | | | | | | 1.3 | | |
| | | | | | | | 7,193,131 | | | | | | 3.6 | | |
| | | Total Common Stock (Cost $169,396,430) | | | | | 190,388,236 | | | | | | 96.0 | | |
EXCHANGE-TRADED FUNDS: 1.2% | | |||||||||||||||
27,198 | | | SPDR S&P Biotech ETF | | | | | 2,262,874 | | | | | | 1.2 | | |
| | | Total Exchange-Traded Funds (Cost $2,376,234) | | | | | 2,262,874 | | | | | | 1.2 | | |
| | | Total Long-Term Investments (Cost $171,772,664) | | | | | 192,651,110 | | | | | | 97.2 | | |
|
Principal Amount† | | | Value | | | Percentage of Net Assets | | |||||||||
SHORT-TERM INVESTMENTS: 4.8% | | |||||||||||||||
| | | Repurchase Agreements: 1.7% | | ||||||||||||
1,000,000 (3) | | | Bank of America Inc., Repurchase Agreement dated 06/30/23, 5.06%, due 07/03/23 (Repurchase Amount $1,000,416, collateralized by various U.S. Government Agency Obligations, 2.000%-6.500%, Market Value plus accrued interest $1,020,000, due 04/01/35-09/01/61) | | | | | 1,000,000 | | | | | | 0.5 | | |
Principal Amount† | | | Value | | | Percentage of Net Assets | | |||||||||
SHORT-TERM INVESTMENTS: (continued) | | |||||||||||||||
| | | Repurchase Agreements (continued) | | ||||||||||||
1,000,000 (3) | | | Citigroup, Inc., Repurchase Agreement dated 06/30/23, 5.07%, due 07/03/23 (Repurchase Amount $1,000,417, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-6.500%, Market Value plus accrued interest $1,020,000, due 10/31/24-08/20/67) | | | | $ | 1,000,000 | | | | | | 0.5 | | |
473,327 (3) | | | Daiwa Capital Markets, Repurchase Agreement dated 06/30/23, 5.07%, due 07/03/23 (Repurchase Amount $473,524, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-7.000%, Market Value plus accrued interest $482,794, due 07/27/23-07/01/53) | | | | | 473,327 | | | | | | 0.2 | | |
1,000,000 (3) | | | RBC Dominion Securities Inc., Repurchase Agreement dated 06/30/23, 5.06%, due 07/03/23 (Repurchase Amount $1,000,416, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-7.500%, Market Value plus accrued interest $1,020,000, due 07/31/23-05/20/53) | | | | | 1,000,000 | | | | | | 0.5 | | |
| | | Total Repurchase Agreements (Cost $3,473,327) | | | | | 3,473,327 | | | | | | 1.7 | | |
|
Voya SmallCap | PORTFOLIO OF INVESTMENTS |
Opportunities Portfolio | as of June 30, 2023 (Unaudited) (continued) |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
SHORT-TERM INVESTMENTS: (continued) | | |||||||||||||||
| | | Mutual Funds: 3.1% | | ||||||||||||
6,139,000 (4) | | | Morgan Stanley Institutional Liquidity Funds - Government Portfolio (Institutional Share Class), 5.030% (Cost $6,139,000) | | | | $ | 6,139,000 | | | | | | 3.1 | | |
| | | Total Short-Term Investments (Cost $9,612,327) | | | | | 9,612,327 | | | | | | 4.8 | | |
| | | Total Investments in Securities (Cost $181,384,991) | | | | $ | 202,263,437 | | | | | | 102.0 | | |
| | | Liabilities in Excess of Other Assets | | | | | (4,026,651) | | | | | | (2.0) | | |
| | | Net Assets | | | | $ | 198,236,786 | | | | | | 100.0 | | |
| | | Quoted Prices in Active Markets for Identical Investments (Level 1) | | | Significant Other Observable Inputs (Level 2) | | | Significant Unobservable Inputs (Level 3) | | | Fair Value at June 30, 2023 | | ||||||||||||
Asset Table | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments, at fair value | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Stock* | | | | $ | 190,388,236 | | | | | $ | — | | | | | $ | — | | | | | $ | 190,388,236 | | |
Exchange-Traded Funds | | | | | 2,262,874 | | | | | | — | | | | | | — | | | | | | 2,262,874 | | |
Short-Term Investments | | | | | 6,139,000 | | | | | | 3,473,327 | | | | | | — | | | | | | 9,612,327 | | |
Total Investments, at fair value | | | | $ | 198,790,110 | | | | | $ | 3,473,327 | | | | | $ | — | | | | | $ | 202,263,437 | | |
| Gross Unrealized Appreciation | | | | $ | 26,571,966 | | |
| Gross Unrealized Depreciation | | | | | (8,270,868) | | |
| Net Unrealized Appreciation | | | | $ | 18,301,098 | | |
Voya Investments, LLC
7337 East Doubletree Ranch Road, Suite 100
Scottsdale, Arizona 85258
Voya Investments Distributor, LLC
7337 East Doubletree Ranch Road, Suite 100
Scottsdale, Arizona 85258
BNY Mellon Investment Servicing (U.S.) Inc.
301 Bellevue Parkway
Wilmington, Delaware 19809
The Bank of New York Mellon
225 Liberty Street
New York, New York 10286
Ropes & Gray LLP
Prudential Tower
800 Boylston Street
Boston, Massachusetts 02199
(b) | Not applicable. |
Item 2. Code of Ethics.
Not required for semi-annual filing.
Item 3. Audit Committee Financial Expert.
Not required for semi-annual filing.
Item 4. Principal Accountant Fees and Services.
Not required for semi-annual filing.
Item 5. Audit Committee of Listed Registrants.
Not required for semi-annual filing.
Item 6. Schedule of Investments.
(a) | Schedule is included as part of the report to shareholders filed under Item 1 of this Form. |
(b) | Not applicable. |
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
Not applicable.
Item 11. Controls and Procedures.
(a) | Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrant’s disclosure controls and procedures are effective to ensure that material information relating to the registrant is made known to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N-CSR are being prepared, and the registrant’s disclosure controls and procedures allow timely preparation and review of the information for the registrant’s Form N-CSR and the officer certifications of such Form N-CSR. |
(b) | There were no significant changes in the registrant’s internal controls that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable
Item 13. Exhibits.
(a)(1) | The Code of Ethics is not required for the semi-annual filing. |
(a)(2)(1) | Not applicable. |
(a)(2)(2) | Not required for semi-annual filing. |
(b) | The officer certifications required by Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto as EX-99.906CERT. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant): Voya Variable Products Trust | ||
By | /s/ Andy Simonoff | |
Andy Simonoff | ||
Chief Executive Officer | ||
Date: | September 5, 2023 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By | /s/ Andy Simonoff | |
Andy Simonoff | ||
Chief Executive Officer | ||
Date: | September 5, 2023 |
By | /s/ Todd Modic | |
Todd Modic | ||
Senior Vice President and Chief Financial Officer | ||
Date: | September 5, 2023 |