PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
Voya
VACS
Series
LCC
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
99.4%
Communication
Services
:
10.2%
596
Alphabet,
Inc.
- Class
A
$
185,809
6.4
80
Meta
Platforms,
Inc.
- Class
A
51,854
1.8
51
(1)
Reddit,
Inc.
- Class
A
7,436
0.2
131
(1)
ROBLOX
Corp.
- Class
A
8,995
0.3
36
(1)
Spotify
Technology
SA
18,538
0.6
244
Walt
Disney
Co.
25,874
0.9
298,506
10.2
Consumer
Discretionary
:
10.1%
546
(1)
Amazon.com,
Inc.
114,660
3.9
91
(1)
Brinker
International,
Inc.
13,486
0.5
63
(1)
DoorDash,
Inc.
- Class
A
11,118
0.4
160
Lowe's
Cos.,
Inc.
42,331
1.4
167
(1)
O'Reilly
Automotive,
Inc.
15,678
0.5
46
Royal
Caribbean
Cruises
Ltd.
14,304
0.5
118
Starbucks
Corp.
11,566
0.4
91
(1)
Tesla,
Inc.
36,629
1.3
168
Williams-Sonoma,
Inc.
34,549
1.2
294,321
10.1
Consumer
Staples
:
6.9%
706
Coca-Cola
Co.
57,582
2.0
209
(1)
Dollar
Tree,
Inc.
26,434
0.9
277
McCormick
&
Co.,
Inc.
19,678
0.7
207
PepsiCo,
Inc.
35,136
1.2
321
Procter
&
Gamble
Co.
53,671
1.8
74
Walmart,
Inc.
9,468
0.3
201,969
6.9
Energy
:
4.0%
117
Chesapeake
Energy
Corp.
12,627
0.4
402
Chevron
Corp.
75,077
2.6
362
Devon
Energy
Corp.
15,758
0.6
72
Diamondback
Energy,
Inc.
12,534
0.4
115,996
4.0
Financials
:
11.8%
365
American
International
Group,
Inc.
29,379
1.0
142
Assurant,
Inc.
32,602
1.1
714
Bank
of
America
Corp.
35,579
1.2
427
Lazard,
Inc.
21,606
0.7
33
LPL
Financial
Holdings,
Inc.
9,913
0.3
121
PNC
Financial
Services
Group,
Inc.
25,694
0.9
627
Rocket
Cos.,
Inc.
- Class
A
11,405
0.4
229
State
Street
Corp.
29,454
1.0
189
Stifel
Financial
Corp.
13,995
0.5
241
Synchrony
Financial
16,656
0.6
82
Travelers
Cos.,
Inc.
25,308
0.9
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Financials:
(continued)
1,809
Valley
National
Bancorp
$
22,812
0.8
137
Visa,
Inc.
- Class
A
43,859
1.5
318
Wells
Fargo
&
Co.
25,901
0.9
344,163
11.8
Health
Care
:
10.4%
72
(1)
Align
Technology,
Inc.
13,687
0.5
138
AstraZeneca
PLC
28,766
1.0
111
Danaher
Corp.
23,381
0.8
44
Eli
Lilly
&
Co.
46,288
1.6
26
(1)
Intuitive
Surgical,
Inc.
13,091
0.4
36
McKesson
Corp.
35,545
1.2
1,333
Pfizer,
Inc.
36,857
1.3
37
Regeneron
Pharmaceuticals,
Inc.
28,922
1.0
37
Thermo
Fisher
Scientific,
Inc.
19,281
0.7
48
Universal
Health
Services,
Inc.
- Class
B
9,893
0.3
62
(1)
Vertex
Pharmaceuticals,
Inc.
30,803
1.0
54
(1)
Waters
Corp.
17,247
0.6
303,761
10.4
Industrials
:
9.4%
20
(1)
Axon
Enterprise,
Inc.
10,848
0.4
160
(1)
Boeing
Co.
36,405
1.3
11
Comfort
Systems
USA,
Inc.
15,723
0.5
62
Cummins,
Inc.
36,200
1.2
48
(1)
Dycom
Industries,
Inc.
20,161
0.7
792
(1)
Gates
Industrial
Corp.
PLC
21,835
0.8
52
HEICO
Corp.
16,612
0.6
85
Howmet
Aerospace,
Inc.
22,315
0.8
78
(1)
Kratos
Defense
&
Security
Solutions,
Inc.
6,722
0.2
545
Leonardo
DRS,
Inc.
23,648
0.8
29
Parker-Hannifin
Corp.
29,266
1.0
50
(1)
Saia,
Inc.
20,269
0.7
50
Vertiv
Holdings
Co.
- Class
A
12,745
0.4
272,749
9.4
Information
Technology
:
28.6%
112
(1)
Advanced
Micro
Devices,
Inc.
22,424
0.8
636
Apple,
Inc.
168,018
5.8
25
(1)
AppLovin
Corp.
- Class
A
10,869
0.4
276
Broadcom,
Inc.
88,196
3.0
467
Cisco
Systems,
Inc.
37,108
1.3
77
(1)
Cloudflare,
Inc.
- Class
A
13,259
0.4
33
(1)
Crowdstrike
Holdings,
Inc.
- Class
A
12,275
0.4
115
International
Business
Machines
Corp.
27,624
0.9
PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
(continued)
Voya
VACS
Series
LCC
Fund
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Information
Technology:
(continued)
92
Lam
Research
Corp.
$
21,518
0.7
97
Micron
Technology,
Inc.
40,000
1.4
289
Microsoft
Corp.
113,502
3.9
11
Monolithic
Power
Systems,
Inc.
12,570
0.4
1,081
NVIDIA
Corp.
191,542
6.6
109
(1)
Onto
Innovation,
Inc.
23,532
0.8
145
(1)
Palantir
Technologies,
Inc.
- Class
A
19,893
0.7
96
(1)
Snowflake,
Inc.
- Class
A
16,167
0.5
45
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.,
ADR
16,856
0.6
835,353
28.6
Materials
:
2.3%
213
Alcoa
Corp.
13,223
0.5
112
Crown
Holdings,
Inc.
12,835
0.4
93
Nucor
Corp.
16,450
0.6
32
Sherwin-Williams
Co.
11,603
0.4
39
Vulcan
Materials
Co.
12,090
0.4
66,201
2.3
Real
Estate
:
2.6%
214
Extra
Space
Storage,
Inc.
32,320
1.1
213
Welltower,
Inc.
44,117
1.5
76,437
2.6
Utilities
:
3.1%
161
DTE
Energy
Co.
23,867
0.8
331
Duke
Energy
Corp.
43,311
1.5
136
Vistra
Corp.
23,649
0.8
90,827
3.1
Total
Common
Stock
(Cost
$2,945,609)
2,900,283
99.4
Total
Investments
in
Securities
(Cost
$2,945,609)
$
2,900,283
99.4
Assets
in
Excess
of
Other
Liabilities
17,783
0.6
Net
Assets
$
2,918,066
100.0
ADR
American
Depositary
Receipt
(1)
Non-income
producing
security.
PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
(continued)
Voya
VACS
Series
LCC
Fund
Fair
Value
Measurements
The
following
is
a
summary
of
the
fair
valuations
according
to
the
inputs
used
as
of
February
28,
2026
in
valuing
the
assets
and
liabilities:
Quoted
Prices
in
Active
Markets
for
Identical
Investments
(Level
1)
Significant
Other
Observable
Inputs
(Level
2)
Significant
Unobservable
Inputs
(Level
3)
Fair
Value
at
February
28,
2026
Asset
Table
Investments,
at
fair
value
Common
Stock*
$
2,900,283
$
—
$
—
$
2,900,283
Total
Investments,
at
fair
value
$
2,900,283
$
—
$
—
$
2,900,283
*
For
further
breakdown
of
Common
Stock
by
sector,
please
refer
to
the
Portfolio
of
Investments.
Net
unrealized
depreciation
consisted
of:
Gross
Unrealized
Appreciation
$
100,648
Gross
Unrealized
Depreciation
(145,974)
Net
Unrealized
Depreciation
$
(45,326)