VY Clarion Global Real Estate Portfolio Portfolio Holdings as of August 31, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value AKR Acadia Realty Trust USD United States 21.22 36,128 $766,636 3279 Activia Properties, Inc. JPY Japan 4190.52 109 $456,767 ADJD ADLER Group SA EUR Germany 26.57 39,049 $1,037,409 3292 AEON REIT Investment Corp. JPY Japan 1371.69 601 $824,384 ARE Alexandria Real Estate Equities, Inc. USD United States 206.37 21,170 $4,368,853 AMT American Tower Corp. USD United States 292.17 16,103 $4,704,814 AIRC Apartment Income REIT Corp. USD United States 50.82 38,216 $1,942,137 AT1D Aroundtown SA EUR Germany 7.66 268,924 $2,060,675 AREIT Ascendas Real Estate Investment Trust SGD Singapore 2.26 1,147,774 $2,590,547 Australian Dollar AUD Australia 1.37 152,274 $111,396 BYGL PLC GBP 20.97 64,523 $1,352,823 TFDXX BlackRock Liquidity Funds, FedFund, Institutional Class USD United States 1.00 1,488,182 $1,488,182 BEI-U Boardwalk Real Estate Investment Trust CAD Canada 37.32 26,256 $979,983 BDN Brandywine Realty Trust USD United States 13.88 58,924 $817,865 CPT Camden Property Trust USD United States 150.04 44,826 $6,725,693 CAR-U Canadian Apartment Properties REIT CAD Canada 48.44 22,236 $1,077,036 CICT CapitaLand Integrated Commercial Trust SGD Singapore 1.53 1,214,994 $1,855,705 CAPL CapitaLand Ltd. SGD Singapore 2.97 663,319 $1,968,053 CASTS Castellum AB SEK Sweden 29.16 51,307 $1,495,954 CATES Catena AB SEK Sweden 64.60 28,426 $1,836,443 CIT City Developments Ltd. SGD Singapore 5.07 246,182 $1,249,251 1113 CK Asset Holdings Ltd. HKD Hong Kong 6.51 105,079 $684,284 CXP Columbia Property Trust, Inc. USD United States 16.72 58,592 $979,658 FDRP Covivio EUR France 95.31 11,381 $1,084,688 CCI Crown Castle International Corp. USD United States 194.69 10,517 $2,047,555 CUBE CubeSmart USD United States 53.50 88,744 $4,747,804 CURRENCY CONTRACT - SEK SEK Sweden 1.00 1,436,174 $166,427 CURRENCY CONTRACT - SEK USD Sweden 0.12 (166,590) ($166,590) CURRENCY CONTRACT - USD HKD United States 7.78 (71,657) ($9,213) CURRENCY CONTRACT - USD JPY United States 110.02 (13,844,652) ($125,843) CURRENCY CONTRACT - USD USD United States 1.00 9,202 $9,202 CURRENCY CONTRACT - USD USD United States 1.00 125,968 $125,968 DEQD Deutsche Euroshop AG EUR Germany 23.12 45,907 $1,061,279 DXS Dexus/AU AUD Australia 7.78 181,373 $1,411,449 DRE Duke Realty Corp. USD United States 52.51 152,329 $7,998,796 EQIX Equinix, Inc. USD United States 843.45 4,270 $3,601,532 EXR Extra Space Storage, Inc. USD United States 186.91 54,546 $10,195,193 GMG Goodman Group AUD Australia 16.89 74,567 $1,259,447 GRIL GBP United Kingdom 4.40 96,764 $425,726 GYCD Grand City Properties SA EUR Luxembourg 27.42 44,956 $1,232,608 HR-U H&R Real Estate Investment Trust CAD Canada 13.16 129,259 $1,700,709 101 Hang Lung Properties Ltd. HKD Hong Kong 2.40 718,900 $1,726,390 HTA Healthcare Trust of America, Inc. USD United States 30.33 106,421 $3,227,749 HBRNL Hibernia REIT plc GBP Ireland 1.49 374,393 $559,518 HST Host Hotels & Resorts, Inc. USD United States 16.56 187,704 $3,108,378 HPP Hudson Pacific Properties, Inc. USD United States 26.38 43,254 $1,141,041 INVH Invitation Homes, Inc. USD United States 41.18 215,098 $8,857,736 JAPANESE YEN JPY Japan 110.02 8,148 $74 8972 Kenedix Office Investment Corp. JPY Japan 7334.27 288 $2,112,270 3278 Kenedix Residential Next Investment Corp. JPY Japan 2145.76 307 $658,749 3453 Kenedix Retail REIT Corp. JPY Japan 2698.73 180 $485,772 KREIT Keppel REIT Management Ltd. SGD Singapore 0.78 983,307 $765,236 683 Kerry Properties Ltd. HKD Hong Kong 3.40 364,369 $1,239,657 KLEDS Kungsleden AB SEK Sweden 15.00 72,716 $1,090,388 LANDL Land Securities Group PLC GBP United Kingdom 9.77 176,981 $1,728,519 3466 LaSalle Logiport REIT JPY Japan 1745.22 1,948 $3,399,682 LEGD LEG Immobilien SE EUR Germany 159.51 13,076 $2,085,725 LLC Lendlease Corp., Ltd. - Stapled Security AUD Australia 8.69 113,956 $990,177 LSI Life Storage, Inc. USD United States 124.44 14,629 $1,820,433 LIC Lifestyle Communities Ltd. AUD Australia 14.25 100,019 $1,424,880 823 Link REIT HKD Hong Kong 9.19 404,105 $3,715,505 MERYP Mercialys SA EUR France 11.73 20,238 $237,359 MAA Mid-America Apartment Communities, Inc. USD United States 192.37 27,025 $5,198,799 MGR Mirvac Group AUD Australia 2.28 987,809 $2,249,626 8801 Mitsui Fudosan Co., Ltd. JPY Japan 22.95 181,515 $4,165,404 MONTB Montea NV EUR Belgium 148.30 6,388 $947,354 NNN National Retail Properties, Inc. USD United States 47.61 78,988 $3,760,619

Page 1 of 2 VY Clarion Global Real Estate Portfolio Portfolio Holdings as of August 31, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value 3231 Nomura Real Estate Holdings, Inc. JPY Japan 25.61 94,300 $2,414,952 NYFS Nyfosa AB SEK Sweden 15.45 61,302 $946,938 8954 Orix JREIT, Inc. JPY Japan 1782.49 992 $1,768,233 PNDXB Pandox AB SEK Sweden 16.59 28,039 $465,162 S PEB Pebblebrook Hotel Trust USD United States 22.03 75,019 $1,652,669 PDM Piedmont Office Realty Trust, Inc. USD United States 17.82 52,893 $942,553 PLD ProLogis, Inc. USD United States 134.66 131,146 $17,660,120 REG Regency Centers Corp. USD United States 68.62 48,482 $3,326,835 SAFEL Holdings PLC GBP United Kingdom 15.88 96,098 $1,525,994 SBBBS Samhallsbyggnadsbolaget i Norden AB SEK Sweden 5.71 269,052 $1,536,781 2972 Sankei Real Estate, Inc. JPY Japan 1175.97 1,147 $1,348,841 SGROL PLC GBP United Kingdom 17.67 161,426 $2,853,065 SHURB Shurgard Self Storage SA EUR Belgium 59.86 22,391 $1,340,414 SPG Simon Property Group, Inc. USD United States 134.45 101,641 $13,665,632 SINGAPORE DOLLAR SGD Singapore 1.34 2,129 $1,584 SITC SITE Centers Corp. USD United States 16.11 100,812 $1,624,081 2979 SOSiLA Logistics REIT, Inc. JPY Japan 1693.57 551 $933,158 SRC Spirit Realty Capital, Inc. USD United States 51.77 54,705 $2,832,078 SMU-U Summit Industrial Income REIT CAD Canada 16.97 34,925 $592,672 SUI Sun Communities, Inc. USD United States 201.49 15,622 $3,147,677 16 Sun Hung Kai Properties Ltd. HKD Hong Kong 14.10 251,796 $3,551,325 SHO Sunstone Hotel Investors, Inc. USD United States 11.59 112,833 $1,307,734 1972 Swire Properties Ltd. HKD Hong Kong 2.70 644,792 $1,742,691 3289 Tokyu Fudosan Holdings Corp. JPY Japan 5.79 467,096 $2,702,389 BBOXL Tritax Big Box REIT Plc GBP United Kingdom 3.26 839,511 $2,736,523 URWA Unibail-Rodamco-Westfield EUR France 87.63 21,764 $1,907,173 VTR Ventas, Inc. USD United States 55.94 45,524 $2,546,613 VER VEREIT, Inc. USD United States 50.53 107,266 $5,420,151 VCX Vicinity Centres AUD Australia 1.26 1,222,709 $1,543,620 VNAD Vonovia SE EUR Germany 67.51 85,558 $5,776,089 WDPB Warehouses De Pauw CVA EUR Belgium 45.98 21,167 $973,270 WELL Welltower, Inc. USD United States 87.53 53,249 $4,660,885 1997 Wharf Real Estate Investment Co. Ltd. HKD Hong Kong 4.95 93,657 $463,809

Important Legal Information:

Portfolio holdings are subject to change without notice and may not represent current or future portfolio composition.

Portfolio holdings subject to change daily. Unlike the fund's regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it may differ from that in the complete portfolio of investments in the annual and semi-annual report to shareholders filed with the SEC on Form N-CSR, and the complete portfolio of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year.

The portfolio data is for informational purposes only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or a recommendation to buy or sell securities or other investments.

Investors should carefully consider a fund's investment goals, risks, charges and expenses before investing. To obtain a prospectus for retail funds, which contains this and other information, talk to your financial advisor, call us at 1-800-992-0180 or visit our website at www.voyainvestments.com. Please read the prospectus carefully before investing.

The portfolio data is "as of" the date indicated and we disclaim any responsibility to update the information.

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