PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
Voya
Large
Cap
Value
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
99.0%
Communication
Services
:
8.5%
235,812
Alphabet,
Inc.
-
Class
A
$
73,516,749
4.6
55,796
Meta
Platforms,
Inc.
-
Class
A
36,165,852
2.2
263,905
Walt
Disney
Co.
27,984,486
1.7
137,667,087
8.5
Consumer
Discretionary
:
6.7%
203,179
(1)
Amazon.com,
Inc.
42,667,590
2.6
98,939
(1)
Brinker
International,
Inc.
14,662,760
0.9
103,118
Lowe's
Cos.,
Inc.
27,281,929
1.7
113,353
Williams-Sonoma,
Inc.
23,311,045
1.5
107,923,324
6.7
Consumer
Staples
:
10.7%
529,804
Coca-Cola
Co.
43,210,814
2.7
101,967
(1)
Dollar
Tree,
Inc.
12,896,786
0.8
297,704
McCormick
&
Co.,
Inc.
21,148,892
1.3
226,535
PepsiCo,
Inc.
38,452,051
2.4
345,239
Procter
&
Gamble
Co.
57,723,961
3.5
173,432,504
10.7
Energy
:
7.7%
52,171
Chesapeake
Energy
Corp.
5,630,294
0.3
434,830
Chevron
Corp.
81,208,851
5.0
392,191
Devon
Energy
Corp.
17,072,074
1.1
78,345
Diamondback
Energy,
Inc.
13,638,298
0.8
74,646
Expand
Energy
Corp.
8,055,796
0.5
125,605,313
7.7
Financials
:
18.7%
394,599
American
International
Group,
Inc.
31,761,274
2.0
152,536
Assurant,
Inc.
35,020,740
2.2
781,137
Bank
of
America
Corp.
38,924,057
2.4
461,661
Lazard,
Inc.
23,360,047
1.4
131,099
PNC
Financial
Services
Group,
Inc.
27,838,873
1.7
248,223
State
Street
Corp.
31,926,442
2.0
203,586
Stifel
Financial
Corp.
15,075,543
0.9
260,642
Synchrony
Financial
18,012,969
1.1
89,709
Travelers
Cos.,
Inc.
27,687,786
1.7
1,969,889
Valley
National
Bancorp
24,840,300
1.5
348,081
Wells
Fargo
&
Co.
28,351,197
1.8
302,799,228
18.7
Health
Care
:
12.0%
77,900
(1)
Align
Technology,
Inc.
14,808,790
0.9
106,043
AstraZeneca
PLC
22,104,663
1.4
84,277
Danaher
Corp.
17,752,107
1.1
21,689
McKesson
Corp.
21,415,068
1.3
1,444,494
Pfizer,
Inc.
39,940,259
2.5
25,918
Regeneron
Pharmaceuticals,
Inc.
20,259,323
1.2
39,785
Thermo
Fisher
Scientific,
Inc.
20,732,362
1.3
51,611
Universal
Health
Services,
Inc.
-
Class
B
10,637,027
0.7
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Health
Care:
(continued)
34,312
(1)
Vertex
Pharmaceuticals,
Inc.
$
17,047,231
1.0
31,019
(1)
Waters
Corp.
9,906,848
0.6
194,603,678
12.0
Industrials
:
11.5%
173,015
(1)
Boeing
Co.
39,366,103
2.4
40,453
Cummins,
Inc.
23,619,293
1.5
50,746
(1)
Dycom
Industries,
Inc.
21,314,335
1.3
824,542
(1)
Gates
Industrial
Corp.
PLC
22,732,623
1.4
591,818
Leonardo
DRS,
Inc.
25,678,983
1.6
30,952
Parker-Hannifin
Corp.
31,236,139
1.9
53,372
(1)
Saia,
Inc.
21,636,475
1.4
185,583,951
11.5
Information
Technology
:
10.3%
120,240
(1)
Advanced
Micro
Devices,
Inc.
24,073,250
1.5
35,341
Broadcom,
Inc.
11,293,217
0.7
511,094
Cisco
Systems,
Inc.
40,611,529
2.5
124,520
International
Business
Machines
Corp.
29,910,949
1.9
70,706
Micron
Technology,
Inc.
29,157,033
1.8
62,493
(1)
Onto
Innovation,
Inc.
13,491,614
0.8
48,544
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.,
ADR
18,183,612
1.1
166,721,204
10.3
Materials
:
2.8%
230,912
Alcoa
Corp.
14,335,017
0.9
121,505
Crown
Holdings,
Inc.
13,924,473
0.8
100,639
Nucor
Corp.
17,801,026
1.1
46,060,516
2.8
Real
Estate
:
4.5%
230,270
Extra
Space
Storage,
Inc.
34,777,678
2.1
183,784
Welltower
,
Inc.
38,065,342
2.4
72,843,020
4.5
Utilities
:
5.6%
175,755
DTE
Energy
Co.
26,053,921
1.6
359,494
Duke
Energy
Corp.
47,039,790
2.9
440,822
(2)
Prime
AET&D
Holdings
No
1
—
—
99,065
Vistra
Corp.
17,226,413
1.1
90,320,124
5.6
Total
Common
Stock
(Cost
$1,377,058,094)
1,603,559,949
99.0
OTHER
:
—%
Energy
:
—%
1,685,000
(2)(3)(4)
Samson
Investment
Co.
—
—
Total
Other
(Cost
$30,842)
—
—
PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
(continued)
Voya
Large
Cap
Value
Fund
Shares
RA
Value
Percentage
of
Net
Assets
WARRANTS
:
—%
Information
Technology
:
—%
4,200
(2)
Constellation
Software,
Inc.
$
—
—
Total
Warrants
(Cost
$–)
—
—
Principal
Amount
†
RA
.
Value
Percentage
of
Net
Assets
CORPORATE
BONDS/NOTES
:
—%
Financial
:
—%
1,216,000
(2)(5)
Tropicana
Entertainment
LLC
/
Tropicana
Finance
Corp.,
9.625%,
12/15/2014
—
—
Total
Corporate
Bonds/
Notes
(Cost
$787,907)
—
—
Total
Long-Term
Investments
(Cost
$1,377,876,843)
1,603,559,949
99.0
Shares
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
0.9%
Mutual
Funds
:
0.9%
14,003,000
(6)
Morgan
Stanley
Institutional
Liquidity
Funds
-
Government
Portfolio
(Institutional
Share
Class),
3.590%
(Cost
$14,003,000)
$
14,003,000
0.9
Total
Short-Term
Investments
(Cost
$14,003,000)
14,003,000
0.9
Total
Investments
in
Securities
(Cost
$1,391,879,843)
$
1,617,562,949
99.9
Assets
in
Excess
of
Other
Liabilities
1,573,285
0.1
Net
Assets
$
1,619,136,234
100.0
ADR
American
Depositary
Receipt
†
Unless
otherwise
indicated,
principal
amount
is
shown
in
USD.
(1)
Non-income
producing
security.
(2)
For
fair
value
measurement
disclosure
purposes,
security
is
categorized
as
Level
3,
whose
value
was
determined
using
significant
unobservable
inputs.
(3)
Represents
an
escrow
position
for
future
entitlements,
if
any,
on
the
defaulted
bond.
The
escrow
position
was
received
in
exchange
for
the
defaulted
bond
as
part
of
the
bankruptcy
reorganization
of
the
bond
issuer.
These
holdings
are
non-income
producing.
(4)
Restricted
security
as
to
resale,
excluding
Rule
144A
securities.
As
of
February
28,
2026,
the
Fund
held
restricted
securities
with
a
fair
value
of
$–
or
—%
of
net
assets.
Please
refer
to
the
table
below
for
additional
details.
(5)
Defaulted
security.
(6)
Rate
shown
is
the
7-day
yield
as
of
February
28,
2026.
PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
(continued)
Voya
Large
Cap
Value
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
Communication
Services
$
137,667,087
$
—
$
—
$
137,667,087
Consumer
Discretionary
107,923,324
—
—
107,923,324
Consumer
Staples
173,432,504
—
—
173,432,504
Energy
125,605,313
—
—
125,605,313
Financials
302,799,228
—
—
302,799,228
Health
Care
194,603,678
—
—
194,603,678
Industrials
185,583,951
—
—
185,583,951
Information
Technology
166,721,204
—
—
166,721,204
Materials
46,060,516
—
—
46,060,516
Real
Estate
72,843,020
—
—
72,843,020
Utilities
90,320,124
—
—
90,320,124
Total
Common
Stock
1,603,559,949
—
—
1,603,559,949
Corporate
Bonds/Notes
—
—
—
—
Other
—
—
—
—
Short-Term
Investments
14,003,000
—
—
14,003,000
Warrants
—
—
—
—
Total
Investments,
at
fair
value
$
1,617,562,949
$
—
$
—
$
1,617,562,949
At
February
28,
2026,
Voya
Large
Cap
Value
Fund
held
the
following
restricted
securities:
Security
Acquisition
Date
Acquisition
Cost
Fair
Value
Samson
Investment
Co.
6/28/2017
$
30,842
$
—
$
30,842
$
—
Net
unrealized
appreciation
consisted
of:
Gross
Unrealized
Appreciation
$
243,228,673
Gross
Unrealized
Depreciation
(17,545,567)
Net
Unrealized
Appreciation
$
225,683,106