Voya Multi-Manager Emerging Markets Equity Fund Portfolio Holdings as of July 30, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value 3319 A-Living Smart City Services Co. Ltd. HKD China 3.81 1,056,750 $4,030,625 AOTHAI Abdullah Al Othaim Markets Co. SAR 31.47 8,020 $252,360 M ABG Absa Group Ltd. ZAR South Africa 9.30 30,241 $281,342 ACC ACC Ltd. INR India 32.22 8,581 $276,514 2345 Accton Technology Corp. TWD 11.71 32,000 $374,615 ADSEZ Adani Ports & Special Economic Zone, Ltd. INR India 9.09 32,109 $291,774 APPC Advanced Petrochemical Co. SAR Saudi Arabia 19.78 14,722 $291,234 2395 Advantech Co. Ltd. TWD Taiwan 13.05 32,794 $428,030 AGESA Agesa Hayat ve Emeklilik AS TRY Turkey 2.15 180,319 $388,477 AKBNK Akbank TAS TRY Turkey 0.62 542,163 $338,651 RJHI Al Rajhi Bank SAR Saudi Arabia 29.59 13,153 $389,135 ALFAA Alfa SA de CV MXN Mexico 0.76 366,463 $277,246 9988 Alibaba Group Holding Ltd. HKD China 24.42 202,700 $4,950,492 BABA Alibaba Group Holding Ltd. USD China 195.19 53,624 $10,466,869 241 Alibaba Health Information Technology Ltd. HKD China 1.56 1,362,000 $2,122,824 ALRS Alrosa PJSC RUB Russia 1.77 202,630 $358,898 ABEV3 Ambev SA BRL Brazil 3.20 95,342 $305,160 ACEM Ambuja Cements Ltd. INR India 5.54 83,102 $460,063 AMXL America Movil SAB de CV MXN Mexico 0.84 596,433 $498,869 AMX America Movil SAB de CV USD Mexico 16.65 36,425 $606,476 AMER3 Americanas SA BRL Brazil 9.51 274,606 $2,611,479 914 Anhui Conch Cement Co., Ltd. - H Shares HKD China 4.78 239,000 $1,143,114 2020 Anta Sports Products Ltd. HKD China 21.77 12,000 $261,256 ARCLK Arcelik A/S TRY Turkey 3.92 47,263 $185,158 ARCO Arcos Dorados Holdings, Inc. USD Argentina 6.07 57,786 $350,761 3711 ASE Technology Holding Co. Ltd TWD Taiwan 4.40 272,000 $1,196,893 1102 Asia Cement Corp. TWD Taiwan 1.86 202,000 $374,971 APNT Asian Paints Ltd. INR India 39.79 7,250 $288,466 ASII Astra International Tbk PT IDR Indonesia 0.33 4,097,400 $1,337,857 2357 Asustek Computer, Inc. TWD Taiwan 12.57 138,000 $1,735,023 2409 AU Optronics Corp. TWD Taiwan 0.74 499,000 $369,878 ARBP Aurobindo Pharma Ltd. INR India 12.33 80,776 $996,307 AC Ayala Corp. PHP Philippines 14.60 15,520 $226,660 ALI Ayala Land, Inc. PHP Philippines 0.65 280,700 $183,633 B3SA3 SA - Brasil Bolsa Balcao BRL Brazil 2.94 199,466 $586,727 BIDU Baidu, Inc. USD China 164.01 16,978 $2,784,562 BJAUT Bajaj Auto Ltd. INR India 51.54 6,755 $348,147 BBD SA USD Brazil 4.67 180,398 $842,459 BSBR Banco Santander Brasil S.A. USD Brazil 7.76 80,345 $623,477 BSMX Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand USD Mexico 5.86 215,375 $1,262,098 BTPS Bank BTPN Syariah Tbk PT IDR Indonesia 0.16 12,080,000 $1,980,234 BBCA Bank Central Asia Tbk PT IDR Indonesia 2.06 653,000 $1,348,025 BGEOL Bank of Georgia Group PLC GBP Georgia 20.85 95,572 $1,992,689 BBSE3 BB Seguridade Participacoes SA BRL Brazil 4.10 48,890 $200,507 BGNE BeiGene Ltd. USD China 316.59 3,347 $1,059,627 392 Beijing Enterprises Holdings Ltd. HKD China 3.11 72,500 $225,513 BIMAS BIM Birlesik Magazalar AS TRY Turkey 7.52 23,232 $174,805 TFDXX BlackRock Liquidity Funds, FedFund, Institutional Class USD 1.00 2,386,241 $2,386,241 BLOOM Bloomberry Resorts Corp. PHP Philippines 0.11 9,468,000 $1,075,888 Brazil Real Spot BRL Brazil 5.21 543,625 $104,378 BRFS BRF SA USD Brazil 4.88 176,350 $860,588 1114 Brilliance China Automotive Holdings Ltd. HKD China 0.66 256,000 $168,335 Bupa Arabia for Cooperative Co. SAR Saudi Arabia 36.80 7,403 $272,401 CAP CAP SA CLP 17.33 16,389 $283,989 CPI Capitec Bank Holdings Ltd. ZAR South Africa 111.03 2,785 $309,223 2474 Catcher Technology Co., Ltd. TWD Taiwan 6.63 46,000 $304,930 CX SAB de CV USD Mexico 8.13 92,460 $751,700 CENCO SA CLP Chile 1.81 292,951 $531,329 SUD 1816 CGN Power Co. Ltd. - H Shares HKD China 0.22 2,081,000 $449,823 5871 Chailease Holding Co. Ltd. TWD Taiwan 8.30 77,408 $642,380 030000 Cheil Worldwide, Inc. KRW 21.06 12,407 $261,353 2105 Cheng Shin Rubber Industry Co. Ltd. TWD Taiwan 1.55 130,000 $200,917 2385 Chicony Electronics Co. Ltd. TWD Taiwan 2.88 136,000 $392,346 CHILEAN PESO CLP Chile 758.89 (1,263) ($2) 586 China Conch Venture Holdings Ltd. HKD China 3.65 294,500 $1,073,706 839 China Education Group Holdings Ltd. HKD China 1.81 2,489,000 $4,513,425 Page 1 of 7 Voya Multi-Manager Emerging Markets Equity Fund Portfolio Holdings as of July 30, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value 6186 China Feihe Ltd. HKD China 1.92 1,042,000 $2,003,256 1378 China Hongqiao Group Ltd. HKD China 1.33 155,500 $206,168 2128 China Lesso Group Holdings Ltd. HKD China 2.09 108,000 $225,515 916 China Longyuan Power Group Corp. Ltd. - H Shares HKD China 1.87 149,000 $279,028 867 China Medical System Holdings Ltd. HKD China 2.03 161,000 $326,960 2319 China Mengniu Dairy Co., Ltd. HKD China 5.43 56,000 $304,047 144 China Merchants Port Holdings Co. Ltd. HKD China 1.39 185,707 $258,760 3323 China National Building Material Co., Ltd. - H Shares HKD China 1.08 456,000 $493,894 688 China Overseas Land & Investment Ltd. HKD China 2.10 102,500 $214,834 2601 China Pacific Insurance Group Co., Ltd. - H Shares HKD China 2.82 49,600 $139,675 386 China Petroleum & Chemical Corp. - H Shares HKD China 0.46 1,593,650 $728,729 2380 China Power International Development Ltd. HKD China 0.23 1,332,000 $304,944 390 China Railway Group Ltd. - H Shares HKD China 0.46 397,000 $184,069 291 China Resources Beer Holdings Co Ltd. HKD China 7.50 56,000 $419,900 1313 China Resources Cement Holdings Ltd. HKD China 0.83 222,000 $183,403 1193 China Resources Gas Group Ltd. HKD China 6.16 52,000 $320,519 836 China Resources Power Holdings Co. HKD China 1.72 306,000 $527,528 1088 China Shenhua Co., Ltd. - H Shares HKD China 1.89 156,000 $295,187 2002 Corp. TWD Taiwan 1.30 428,000 $558,185 CHINESE YUAN CNY China 6.46 9,554 $1,480 CIFC Cholamandalam Investment and Finance Co. Ltd. INR India 6.40 337,000 $2,158,153 2360 Chroma ATE, Inc. TWD Taiwan 7.04 191,500 $1,348,991 2412 Co., Ltd. TWD Taiwan 4.13 84,000 $346,623 BVN Cia de Minas Buenaventura SAA USD Peru 8.26 87,676 $724,204 TRPL4 Cia de Transmissao de Energia Eletrica Paulista BRL Brazil 4.66 56,808 $264,720 CIPLA Cipla Ltd. INR India 12.37 53,301 $659,577 CLHO Cleopatra Hospital EGP Egypt 0.30 4,203,268 $1,278,678 Coal India Ltd. INR India 1.93 168,727 $325,363 KOF Coca-Cola Femsa SA de CV USD Mexico 56.57 19,007 $1,075,226 KOFUBL Coca-Cola Femsa SAB de CV - Unit MXN Mexico 5.65 50,041 $282,806 COMI Commercial International Bank Egypt SAE EGP Egypt 3.64 523,247 $1,903,790 2324 , Inc. TWD Taiwan 0.77 677,000 $523,678 1919 COSCO SHIPPING Holdings Co., Ltd.. - H Shares HKD China 1.51 440,100 $663,896 1199 COSCO Shipping Ports, Ltd. HKD China 0.71 424,000 $302,590 6098 Country Garden Services Holdings Co. Ltd. HKD China 8.12 28,000 $227,357 CRESY Cresud SACIF y A USD Argentina 6.29 35,390 $222,603 1093 CSPC Pharmaceutical Group Ltd. HKD China 1.35 248,800 $335,840 CURRENCY CONTRACT - CZK CZK Czech Republic 21.50 47,606 $2,214 CURRENCY CONTRACT - USD USD United States 1.00 113,104 $113,104 CURRENCY CONTRACT - USD ZAR United States 14.65 (221,409) ($15,112) CURRENCY CONTRACT - USD MXN United States 19.91 (1,168,307) ($58,690) CURRENCY CONTRACT - USD RUB United States 73.14 (776,570) ($10,617) CURRENCY CONTRACT - USD EGP United States 15.70 (449,933) ($28,649) HEPS D-MARKET Elektronik Hizmetler ve Ticaret AS USD Turkey 13.17 4,300 $56,631 DHERD Delivery Hero SE EUR Germany 149.49 32,900 $4,918,323 2308 , Inc. TWD Taiwan 10.30 165,000 $1,700,152 DSKY Detsky Mir PJSC RUB Russia 1.92 951,000 $1,824,220 DIDI DiDi Global, Inc. USD China 10.31 23,000 $237,130 DIVI Divis Laboratories Ltd. INR India 65.97 4,715 $311,060 336260 Doosan Cell Co. Ltd. KRW South Korea 42.74 28,300 $1,209,596 DRRD Dr Reddys Laboratories Ltd. INR India 63.37 7,905 $500,907 139480 E-Mart, Inc. KRW South Korea 146.68 1,354 $198,600 1476 Eclat Textile Co. Ltd. TWD Taiwan 21.83 22,000 $480,326 EGYPTIAN POUND EGP Egypt 15.71 462,879 $29,473 EIM Eicher Motors Ltd. INR India 34.06 6,370 $216,958 COPEC Empresas COPEC SA CLP Chile 8.63 18,189 $156,991 ENELA Enel Americas SA CLP Chile 0.14 1,213,518 $168,655 M 2688 ENN Energy Holdings Ltd. HKD China 20.87 81,100 $1,692,419 EQTL3 Equatorial Energia SA BRL Brazil 4.65 65,134 $302,643 EREGL Eregli Demir ve Celik Fabrikalari TAS TRY Turkey 2.38 149,121 $354,251 1717 Eternal Materials Co. Ltd TWD Taiwan 1.39 162,000 $225,075 EEC Etihad Etisalat Co. SAR Saudi Arabia 8.59 26,994 $231,847 EURO EUR Eurozone 0.84 940 $1,115 EXX Exxaro Resources Ltd. ZAR South Africa 12.38 35,868 $443,868 FALAB Falabella SA CLP Chile 3.89 68,289 $265,459 3360 Far East Horizon Ltd. HKD China 1.07 228,000 $243,223 1402 Far Eastern New Century Corp. TWD Taiwan 1.06 498,000 $527,741 Page 2 of 7 Voya Multi-Manager Emerging Markets Equity Fund Portfolio Holdings as of July 30, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value FWRY Fawry for Banking & Payment Technology Services SAE EGP Egypt 1.22 693,372 $846,792 9910 Feng TAY Enterprise Co., Ltd. TWD Taiwan 8.27 47,000 $388,862 FUNO11 Fibra Uno Administracion SA de CV MXN Mexico 1.09 189,088 $205,747 6088 FIT Hon Teng Ltd. HKD Taiwan 0.21 970,000 $207,721 FIXPL Fix Price Group Ltd. USD Russia 7.65 328,800 $2,513,676 FLRY3 Fleury SA BRL Brazil 4.51 365,000 $1,645,505 FMX Fomento Economico Mexicano SAB de CV USD Mexico 87.37 12,480 $1,090,378 FEMSA Fomento Economico Mexicano SAB de CV - Unit MXN Mexico 8.72 30,267 $263,818 UBD FROTO Ford Otomotiv Sanayi AS TRY Turkey 20.48 11,001 $225,296 1326 Formosa Chemicals & Fibre Co. TWD Taiwan 2.94 175,000 $515,321 1301 . TWD Taiwan 3.58 174,000 $622,410 656 Fosun International Ltd. HKD China 1.32 161,500 $213,797 1448 Fu Shou Yuan International Group Ltd. HKD China 0.95 1,717,000 $1,638,550 3606 Fuyao Glass Industry Group Co. Ltd. - H Shares HKD China 6.37 32,800 $208,822 GAIL GAIL India Ltd. INR India 1.88 388,542 $729,430 OGZPY Gazprom PJSC USD Russia 7.80 431,815 $3,368,157 GAZP Gazprom PJSC RUB Russia 3.90 192,901 $751,841 GDS GDS Holdings Ltd. USD China 58.96 39,900 $2,352,504 175 Geely Automobile Holdings Ltd. HKD China 3.35 63,000 $211,326 CGEOL Georgia Capital PLC GBP United Kingdom 8.74 58,372 $510,355 GRASIM Grasim Industries Ltd. INR India 20.90 31,299 $654,028 2333 Great Wall Motor Co. Ltd. - H Shares HKD China 4.83 128,000 $618,440 GRUMA Gruma SAB de CV MXN Mexico 10.78 27,547 $296,999 B BIMBOA Grupo Bimbo SAB de CV MXN Mexico 2.30 226,156 $519,427 GFNOR Grupo Financiero MXN Mexico 6.47 178,794 $1,156,676 TEO GMEXIC Grupo Mexico SA de CV Series B MXN Mexico 4.58 149,867 $686,461 OB TLEVIC Grupo S.A. - Unit MXN Mexico 2.71 148,450 $402,181 PO TV Grupo Televisa SAB USD Mexico 13.55 150,981 $2,045,793 270 Guangdong Investment Ltd. HKD China 1.40 168,000 $235,079 6690 Haier Smart Home Co. Ltd. - H Shares HKD China 3.43 189,400 $649,580 1882 Haitian International Holdings Ltd. HKD China 3.66 74,000 $270,912 086790 Hana Financial Group, Inc. KRW South Korea 37.73 7,444 $280,852 161390 Hankook Tire & Technology Co. Ltd. KRW South Korea 42.09 12,026 $506,179 HAVL Havells India Ltd. INR India 15.80 13,903 $219,678 HCLT HCL Technologies Ltd. INR India 13.79 47,261 $651,696 HDB HDFC Bank Ltd. USD India 70.57 47,700 $3,366,189 HDFCB HDFC Bank Ltd. INR India 19.24 345,415 $6,647,234 HTWSL Helios Towers PLC GBP United Kingdom 2.27 1,174,000 $2,669,740 1044 Hengan International Group Co., Ltd. HKD China 5.93 83,000 $492,328 HMCL Hero Motocorp Ltd. INR India 37.19 16,356 $608,312 HNDL Hindalco Industries Ltd. INR India 5.99 119,461 $715,734 2317 HON HAI Precision Industry Co., Ltd. TWD Taiwan 3.95 335,000 $1,323,827 HONG KONG DOLLAR HKD Hong Kong 7.77 1,191,463 $153,319 754 Hopson Development Holdings Ltd. HKD China 3.31 99,100 $328,426 HDFC Housing Development Finance Corp. INR India 32.92 8,179 $269,250 HUMAN Humansoft Holding Co. KSC KWD Kuwait 11.84 76,455 $904,978 SFT 600570 Hundsun Technologies, Inc. - A Shares CNY China 8.65 46,176 $399,334 HUNGARIAN FORINT HUF Hungary 302.41 620 $2 000720 Hyundai Engineering & Construction Co. Ltd. KRW South Korea 47.63 8,090 $385,311 086280 Hyundai Glovis Co., Ltd. KRW South Korea 169.48 1,918 $325,064 012330 Hyundai Mobis Co. Ltd. KRW South Korea 232.34 4,218 $979,989 005380 Hyundai Motor Co. KRW South Korea 190.32 1,373 $261,303 004020 Hyundai Steel Co. KRW South Korea 47.04 9,680 $455,343 INDIAN RUPEE INR India 74.42 44,817,835 $602,269 IGL Indraprastha Gas Ltd. INR India 7.51 37,051 $278,182 INDUST Indus Towers Ltd. INR India 2.99 73,953 $221,148 OW IQCD Industries Qatar QSC QAR Qatar 3.67 106,333 $389,878 INFOE Info Edge India Ltd. INR India 70.25 4,432 $311,331 INFO Infosys Ltd. INR India 21.79 89,881 $1,958,859 IFCM3 Infracommerce CXAAS SA BRL Brazil 3.80 38,700 $146,976 INPSTA InPost SA EUR Poland 19.61 74,200 $1,454,920 INTC Corp. USD United States 53.72 31,270 $1,679,824

Page 3 of 7 Voya Multi-Manager Emerging Markets Equity Fund Portfolio Holdings as of July 30, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value IRAO Inter RAO UES PJSC RUB Russia 0.06 5,259,508 $312,955 ICT International Container Terminal Services, Inc. PHP Philippines 3.11 1,074,130 $3,341,547 INTUCH Intouch Holdings PCL - Foreign THB Thailand 1.96 189,000 $370,996 /F 2356 Inventec Co., Ltd. TWD Taiwan 0.84 403,000 $338,613 IQ iQIYI, Inc. USD China 11.16 21,823 $243,545 IRSA Inversiones y Representaciones SA USD Argentina 0.24 42,010 $10,082 IRS IRSA Inversiones y Representaciones SA USD Argentina 4.50 34,601 $155,705 IRCP IRSA Propiedades Comerciales SA USD Argentina 2.48 6,782 $16,818 ITUB Itau Unibanco Holding SA USD Brazil 5.77 275,354 $1,588,793 ITSA4 Itausa SA BRL Brazil 2.15 307,668 $660,438 ITC ITC Ltd. INR India 2.76 78,573 $216,648 JARIR Jarir Marketing Co. SAR Saudi Arabia 53.64 7,749 $415,657 JD JD.com, Inc. USD China 70.88 93,661 $6,638,692 358 Jiangxi Copper Co., Ltd. - H Shares HKD China 2.10 90,000 $188,956 JSLG3 JSL SA BRL Brazil 2.20 1,016,400 $2,238,393 JUFO Juhayna Food Industries EGP Egypt 0.36 695,345 $247,942 KSPIL Kaspi.KZ JSC USD Kazakhstan 113.20 23,100 $2,614,920 80TE Kaspi.KZ JSC USD Kazakhstan 113.20 1,780 $201,496 105560 KB Financial Group, Inc. KRW South Korea 44.42 6,312 $280,353 000270 Kia Corp. KRW South Korea 73.03 17,877 $1,305,569 148 Kingboard Holdings Ltd. HKD China 5.24 132,500 $694,179 1888 Kingboard Laminates Holdings Ltd. HKD China 2.01 137,000 $274,813 268 Kingdee International Software Group Co., Ltd. HKD China 3.12 63,000 $196,761 015760 Korea Electric Power Corp. KRW South Korea 21.67 16,691 $361,772 071050 Korea Investment Holdings Co., Ltd. KRW South Korea 83.56 2,915 $243,566 010130 Korea Zinc Co., Ltd. KRW South Korea 476.08 1,120 $533,214 033780 KT&G Corp. KRW South Korea 71.59 7,703 $551,456 011780 Kumho Petrochemical Co. Ltd. KRW South Korea 177.15 1,057 $187,243 135 Kunlun Energy Co. Ltd. HKD China 0.86 1,674,000 $1,447,255 KUWAITI DINAR KWD Kuwait 0.30 63,959 $212,878 600519 Kweichow Moutai Co. Ltd. - A Shares CNY China 260.46 26,200 $6,824,039 600519 Kweichow Moutai Co. Ltd. - A Shares CNY China 260.46 600 $156,276 LTI Larsen & Toubro Infotech Ltd. INR India 63.02 3,771 $237,640 LT Larsen & Toubro Ltd. INR India 21.58 12,199 $263,233 LEMON Lemon Tree Hotels Ltd. INR India 0.56 815,206 $453,244 TRE 051910 LG Chem Ltd. KRW South Korea 734.50 7,295 $5,358,206 003550 LG Corp. KRW South Korea 81.96 3,003 $246,116 034220 LG Display Co., Ltd. KRW South Korea 19.21 18,763 $360,515 066570 LG Electronics, Inc. KRW South Korea 136.98 9,796 $1,341,848 011070 LG Innotek Co. Ltd. KRW South Korea 197.66 1,402 $277,124 032640 LG Uplus Corp. KRW South Korea 12.66 127,798 $1,618,433 2331 Li Ning Co. Ltd. HKD China 10.56 134,500 $1,420,497 2301 Lite-On Technology Corp. TWD Taiwan 2.30 298,000 $684,933 LWSA3 Locaweb Servicos de Internet SA BRL Brazil 4.80 285,400 $1,370,490 011170 Lotte Chemical Corp. KRW South Korea 225.65 1,235 $278,672 280360 Lotte Confectionery Co. Ltd. KRW South Korea 123.42 1,283 $158,351 004990 Lotte Corp. KRW South Korea 32.83 5,899 $193,672 LKOH Lukoil PJSC RUB Russia 85.87 15,535 $1,333,921 383800 LX Holdings Corp. KRW South Korea 9.08 1,456 $13,228 MM Mahindra & Mahindra Ltd. INR India 10.01 19,990 $200,095 MLRYY Mail.ru Group Ltd. USD Russia 20.69 18,262 $377,858 MER Manila Electric Co. PHP Philippines 5.31 53,130 $282,037 MRCO Marico Ltd. INR India 7.36 47,974 $352,947 MSIL Maruti Suzuki India Ltd. INR India 93.96 3,063 $287,790 2454 MediaTek, Inc. TWD Taiwan 32.70 427,000 $13,961,981 3690 Meituan Class B HKD China 27.67 55,800 $1,544,066 MELI MercadoLibre, Inc. USD Argentina 1568.70 2,750 $4,313,925 MEXICAN NUEVO PESO MXN Mexico 19.91 127,116 $6,386 2377 Micro-Star International Co., Ltd. TWD Taiwan 5.31 79,000 $419,706 MU Micron Technology, Inc. USD United States 77.58 37,549 $2,913,051 MPARK MLP Saglik Hizmetleri AS TRY Turkey 2.67 865,930 $2,312,298 GMKN MMC Norilsk Nickel OJSC RUB Russia 345.64 1,612 $557,165 ZAIN Mobile Telecommunications Co. KSCP KWD Kuwait 1.97 204,404 $402,073 MTSS Mobile Telesystems OJSC RUB Russia 4.30 85,534 $368,209 8454 momo.com, Inc. TWD Taiwan 55.78 9,400 $524,370 MONDE Monde Nissin Corp. PHP Philippines 0.30 1,245,300 $368,221 Page 4 of 7 Voya Multi-Manager Emerging Markets Equity Fund Portfolio Holdings as of July 30, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value MOUWA Mouwasat Medical Services Co. SAR Saudi Arabia 48.10 7,606 $365,877 SAT MOVI3 Movida Participacoes SA BRL Brazil 4.31 500,000 $2,155,234 MPHL Mphasis Ltd. INR India 34.97 19,348 $676,676 MRP Mr Price Group Ltd. ZAR South Africa 14.88 20,917 $311,230 MRF MRF Ltd. INR India 1075.34 245 $263,457 MSCI EMGMKT SEP21 USD United States 1277.70 42 $2,683,170 MTN MTN Group Ltd. ZAR South Africa 7.18 111,339 $799,719 MCG MultiChoice Group ZAR South Africa 8.30 24,177 $200,594 1303 Nan Ya Plastics Corp. TWD Taiwan 3.12 240,000 $749,007 NPN Naspers Ltd. ZAR South Africa 192.98 20,502 $3,956,482 NBK National Bank of Kuwait SAKP KWD Kuwait 2.98 106,685 $317,445 035420 NAVER Corp. KRW South Korea 376.90 11,523 $4,343,038 036570 NCSoft Corp. KRW South Korea 717.22 291 $208,712 NTES NetEase, Inc. USD China 102.21 20,041 $2,048,391 EDU New Oriental Education & Technology Group, Inc. USD China 2.17 21,775 $47,252 NEW TURKISH LIRA TRY Turkey 8.43 544 $65 2689 Nine Dragons Paper Holdings Ltd. HKD China 1.26 223,000 $281,379 3034 Novatek Microelectronics Corp., Ltd. TWD Taiwan 18.40 100,000 $1,839,533 NLMK Novolipetsk Steel PJSC RUB Russia 3.53 108,010 $381,768 NTPC NTPC Ltd. INR India 1.59 241,483 $384,059 OBER Oberoi Realty Ltd. INR India 9.03 132,000 $1,191,697 ONGC Oil & Natural Gas Corp., Ltd. INR India 1.55 294,847 $456,718 OMU Ltd. ZAR South Africa 0.88 358,706 $316,320 OCFT OneConnect Financial Technology Co. Ltd. USD China 7.93 77,600 $615,368 ORDS Ooredoo QPSC QAR Qatar 1.94 103,607 $201,461 OPAP OPAP S.A. EUR Greece 14.44 17,694 $255,588 ORBIA* Orbia Advance Corp. SAB de CV MXN Mexico 2.73 105,798 $288,329 OTPT OTP Bank Nyrt HUF Hungary 53.93 46,844 $2,526,106 PAKISTANI RUPEE PKR Pakistan 162.50 374,416 $2,304 4966 Parade Technologies Ltd. TWD Taiwan 61.41 6,000 $368,438 4938 Corp. TWD Taiwan 2.41 500,000 $1,205,398 857 PetroChina Co., Ltd. - H Shares HKD China 0.42 3,250,000 $1,357,662 PBR Petroleo Brasileiro SA USD Brazil 10.67 65,876 $702,897 PCHEM Petronas Chemicals Group Bhd MYR Malaysia 1.91 212,400 $404,686 3759 Pharmaron Beijing Co. Ltd. - H Shares HKD China 21.93 101,600 $2,228,130 PHNX Phoenix Mills Ltd. INR India 11.64 105,465 $1,227,730 PHOR PhosAgro PJSC RUB Russia 62.94 4,029 $253,580 PI PI Industries Ltd. INR India 39.66 7,072 $280,509 2328 PICC Property & Casualty Co., Ltd. - H Shares HKD China 0.81 358,000 $289,198 000001 Ping An Bank Co. Ltd. - A Shares CNY China 2.74 775,871 $2,127,215 2318 Group Co. of China Ltd. - H Shares HKD China 8.75 324,000 $2,835,274 TEL PLDT, Inc. PHP Philippines 24.53 13,480 $330,729 POLISH ZLOTY PLN Poland 3.85 250 $65 005490 POSCO KRW South Korea 318.06 7,606 $2,419,141 047050 Posco International Corp. KRW South Korea 22.52 15,272 $343,922 POUND STERLING GBP United Kingdom 0.72 6 $8 PWGR Power Grid Corp. of India Ltd. INR India 2.30 251,197 $578,811 6239 Powertech Technology, Inc. TWD Taiwan 3.96 98,000 $388,347 5904 Poya International Co. Ltd. TWD Taiwan 21.38 124,667 $2,665,641 PRXA Prosus NV EUR Netherlands 89.22 74,088 $6,610,038 PTTEP PTT Exploration & Production PCL THB Thailand 3.13 44,100 $138,117 PTTEP/ PTT Exploration & Production PCL - Foreign THB Thailand 3.13 60,900 $190,733 F PTT/F PTT PCL - Foreign THB Thailand 1.06 183,600 $194,157 QEWS Qatar Electricity & Water Co. QSC QAR Qatar 4.53 48,347 $219,095 300001 Qingdao TGOOD Electric Co. Ltd. - A Shares CNY China 4.65 507,884 $2,363,266 Q* Qualitas Controladora SAB de CV MXN Mexico 4.86 466,096 $2,264,656 2382 , Inc. TWD Taiwan 2.77 235,000 $650,984 2379 Realtek Semiconductor Corp. TWD Taiwan 21.11 47,000 $992,349 RDOR3 Rede D'Or Sao Luiz SA BRL Brazil 13.30 78,400 $1,042,574 RA Regional SAB de CV MXN Mexico 6.20 507,000 $3,145,215 RILPP Reliance Industries Ltd. INR India 19.01 7,667 $145,785 RIL Reliance Industries Ltd. INR India 27.41 626,513 $17,174,027 REPUBLIC OF KOREA WON KRW South Korea 1150.25 138,874 $121 RICHTT Richter Gedeon Nyrt HUF Hungary 27.44 16,659 $457,051 RIBL Riyad Bank SAR Saudi Arabia 6.99 49,434 $345,342 OJSCY Rosneft Oil Co. PJSC USD Russia 7.36 400,580 $2,947,241 Page 5 of 7 Voya Multi-Manager Emerging Markets Equity Fund Portfolio Holdings as of July 30, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value RTKM Rostelecom PJSC RUB Russia 1.27 149,111 $189,687 RAIL3 Rumo SA BRL Brazil 3.95 222,889 $880,729 RUSSIAN RUBLE RUB Russia 73.14 776,570 $10,617 SAFCO SABIC Agri-Nutrients Co. SAR Saudi Arabia 34.18 14,119 $482,585 SAFCO Safaricom PLC KES Kenya 0.39 2,035,700 $787,233 M 009150 Samsung Electro-Mechanics Co. Ltd. KRW South Korea 167.03 2,887 $482,203 005930 Co., Ltd. KRW South Korea 68.34 198,457 $13,561,835 005935 Samsung Electronics Co., Ltd. KRW South Korea 62.78 108,589 $6,816,772 SMSNL Samsung Electronics Co., Ltd. USD South Korea 1713.69 94 $161,087 028050 Samsung Engineering Co. Ltd. KRW South Korea 20.33 25,793 $524,343 032830 Co. Ltd. KRW South Korea 65.62 10,905 $715,544 006400 Samsung SDI Co., Ltd. KRW South Korea 645.54 3,230 $2,085,092 SECO Saudi Electricity Co. SAR Saudi Arabia 6.91 42,733 $295,111 SNB Saudi National Bank SAR Saudi Arabia 14.67 20,325 $298,068 SAUDI RIYAL SAR Saudi Arabia 3.75 2,849 $760 STC Saudi Telecom Co. SAR Saudi Arabia 35.70 13,558 $483,994 SBER Sberbank of Russia PJSC RUB Russia 4.18 74,140 $309,963 SBRCY Sberbank PAO USD Russia 16.63 336,115 $5,589,592 SE Sea Ltd. USD Singapore 276.16 11,885 $3,282,162 ASAI3 Sendas Distribuidora SA BRL Brazil 16.64 26,384 $439,104 CHMF Severstal PAO RUB Russia 24.46 18,428 $450,755 200488 Shandong Chenming Paper Holdings Ltd. - B Shares HKD China 0.54 305,800 $164,327 600845 Shanghai Baosight Software Co. Ltd. - A Shares CNY China 10.36 366,199 $3,792,871 2313 Shenzhou International Group Holdings Ltd. HKD China 22.19 42,600 $945,434 055550 Shinhan Financial Group Co., Ltd. KRW South Korea 33.89 9,585 $324,866 SHP Shoprite Holdings Ltd. ZAR South Africa 10.95 25,773 $282,159 639 Shougang Fushan Resources Group Ltd. HKD China 0.25 826,000 $208,418 SCC/F Siam Cement PCL - Foreign THB Thailand 12.61 24,500 $308,900 SIME Sime Darby Bhd MYR Malaysia 0.51 555,800 $283,177 SINGAPORE DOLLAR SGD Singapore 1.35 212 $156 1099 Sinopharm Group Co. - H Shares HKD China 2.62 94,000 $246,488 000660 SK Hynix, Inc. KRW South Korea 97.90 97,820 $9,576,222 096770 SK Innovation Co. Ltd. KRW South Korea 220.62 885 $195,249 017670 SK Telecom Co., Ltd. KRW South Korea 261.93 25,186 $6,597,071 SKM SK Telecom Co., Ltd. USD South Korea 29.07 127,863 $3,716,977 034730 SK, Inc. KRW South Korea 233.38 1,226 $286,127 SQM/B Sociedad Quimica y Minera de Chile SA CLP Chile 47.77 4,612 $220,303 SQM Sociedad Quimica y Minera de Chile SA USD Chile 47.50 28,948 $1,375,030 SOHU Sohu.com Ltd. USD China 19.87 38,877 $772,486 SOKM Sok Marketler Ticaret AS TRY Turkey 1.36 751,810 $1,022,346 SOUTH AFRICAN RAND ZAR South Africa 14.65 1,037 $71 STGT/F Sri Trang Gloves Thailand PCL - Foreign THB Thailand 1.14 168,300 $192,021 SBK Standard Bank Group Ltd. ZAR South Africa 8.43 34,093 $287,339 SUNP Sun Pharmaceutical Industries Ltd. INR India 10.41 36,604 $381,138 SNGSP Surgutneftegas USD Russia 0.52 324,722 $169,505 SNGS Surgutneftegas PJSC RUB Russia 0.44 481,147 $213,863 SNGSP Surgutneftegas PJSC RUB Russia 0.52 328,632 $171,546 1101 Corp. TWD Taiwan 1.89 276,679 $521,792 TAIWAN DOLLAR TWD Taiwan 27.97 15,500,543 $554,284 3045 Co., Ltd. TWD Taiwan 3.72 59,000 $219,417 2330 Taiwan Semiconductor Manufacturing Co., Ltd. TWD Taiwan 20.90 1,414,000 $29,551,893 TAL TAL Education Group USD China 6.07 4,718 $28,638 TCS Tata Consultancy Services Ltd. INR India 42.63 7,592 $323,675 TATAC Tata Consumer Products Ltd. INR India 10.17 66,478 $676,322 ONS TPWR Tata Power Co. Ltd. INR India 1.68 231,998 $390,579 TATA Tata Steel Ltd. INR India 19.31 45,971 $887,851 TATN Tatneft PJSC RUB Russia 6.68 54,263 $362,289 TECHM Tech Mahindra Ltd. INR India 16.28 56,510 $919,946 VIV Telefonica Brasil SA USD Brazil 7.98 73,004 $582,572 T Telekom Malaysia BHD MYR Malaysia 1.41 153,300 $215,790 TLKM Telkom Indonesia Persero Tbk PT IDR Indonesia 0.22 1,896,700 $425,162 TNB Tenaga Nasional BHD MYR Malaysia 2.28 132,400 $302,449 700 Tencent Holdings Ltd. HKD China 60.31 312,900 $18,870,419 TME Tencent Music Entertainment Group USD China 10.57 17,995 $190,207 TIMS3 TIM SA/Brazil BRL Brazil 2.18 205,376 $447,168 322 Tingyi Cayman Islands Holding Corp. HKD China 1.80 374,000 $674,292 Page 6 of 7 Voya Multi-Manager Emerging Markets Equity Fund Portfolio Holdings as of July 30, 2021 (Unaudited)

Ticker Security Name Crncy Country Price Quantity Market Value TOASO Tofas Turk Otomobil Fabrikasi AS TRY Turkey 3.89 192,000 $746,945 TOPG Top Glove Corp. Bhd MYR Malaysia 0.94 325,000 $306,101 6110 Topsports International Holdings Ltd. - H Shares HKD China 1.40 1,653,000 $2,306,838 TOTS3 Totvs SA BRL Brazil 6.76 44,098 $298,291 TCP Transaction Capital Ltd. ZAR South Africa 2.46 865,003 $2,125,423 TRNFP Transneft PJSC RUB Russia 2224.70 207 $460,514 TRNFP Transneft PJSC USD Russia 2224.70 378 $840,938 TCOM Trip.com Group Ltd. USD China 25.93 20,416 $529,387 168 Tsingtao Brewery Co., Ltd. - H Shares HKD China 7.90 228,000 $1,802,055 TCELL Turkcell Iletisim Hizmet AS TRY Turkey 1.83 323,326 $591,430 TKC Turkcell Iletisim Hizmet AS USD Turkey 4.55 50,378 $229,220 UEMS UEM Sunrise Bhd MYR Malaysia 0.09 399,787 $36,473 220 Uni-President China Holdings Ltd. HKD China 1.01 846,600 $851,223 2303 United Microelectronics Corp. TWD Taiwan 2.09 841,000 $1,758,655 UNTR United Tractors Tbk PT IDR Indonesia 1.35 167,900 $227,172 UPLL UPL Ltd. INR India 10.89 76,682 $835,416 VALE Vale SA USD Brazil 21.02 51,142 $1,075,005 VALE3 Vale SA BRL Brazil 21.06 51,218 $1,078,791 VAMO3 Vamos Locacao de Caminhoes Maquinas e Equipamentos SA BRL Brazil 14.01 208,000 $2,914,177 5347 Vanguard International Semiconductor Corp. TWD Taiwan 4.14 112,000 $464,043 VSTA Vasta Platform Ltd. USD Brazil 7.04 88,804 $625,180 VEDL Vedanta Ltd. INR India 4.07 66,181 $269,255 VOLT Voltas Ltd. INR India 14.26 15,037 $214,374 WALME Wal-Mart de Mexico SAB de CV MXN Mexico 3.29 89,892 $296,144 X* WB Weibo Corp. USD China 56.40 21,766 $1,227,602 2338 Weichai Power Co. Ltd. - H Shares HKD China 2.19 203,612 $446,274 WEST3 Westwing Comercio Varejista Ltd.a BRL Brazil 1.69 298,100 $504,823 WPRO Wipro Ltd. INR India 7.90 105,678 $835,240 3231 Corp. TWD Taiwan 0.99 214,000 $212,806 6669 Wiwynn Corp. TWD Taiwan 33.62 41,000 $1,378,451 000858 Wuliangye Yibin Co. Ltd. - A Shares CNY China 34.32 264,500 $9,076,742 2359 WuXi AppTec Co. Ltd. - H Shares HKD China 22.17 11,760 $260,664 2269 Wuxi Biologics Cayman, Inc. HKD China 15.27 138,500 $2,115,485 YANSA Yanbu National Petrochemical Co. SAR Saudi Arabia 18.21 13,234 $241,053 B YNDX Yandex NV USD Russia 67.93 52,281 $3,551,448 603939 Yifeng Pharmacy Chain Co. Ltd. - A Shares CNY China 7.57 279,020 $2,111,369 YUMC Yum China Holdings, Inc. USD China 62.19 38,150 $2,372,549 ZLAB Zai Lab Ltd. USD China 144.61 11,350 $1,641,324 Z Zee Entertainment Enterprises Ltd. INR India 2.73 47,885 $130,726 4958 Zhen Ding Technology Holding Ltd. TWD Taiwan 3.75 69,000 $258,722 ZH Zhihu, Inc. USD China 9.23 4,000 $36,920 881 Zhongsheng Group Holdings Ltd. HKD China 9.22 37,500 $345,609 ZTO ZTO Express Cayman, Inc. USD China 27.06 12,975 $351,104

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.

Not FDIC Insured. Not NCUA/NCUSIF Insured. No Bank Guarantee. No Credit Union Guarantee.

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