PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
Voya
MidCap
Opportunities
Fund
Shares
RA
Value
Percentage
of
Net
Assets
COMMON
STOCK
:
99.5%
Communication
Services
:
3.3%
27,094
(1)(2)
AST
SpaceMobile,
Inc.
$
2,145,574
0.3
41,800
(1)
Reddit,
Inc.
- Class
A
6,094,858
1.0
189,548
(1)
Roblox
Corp.
- Class
A
13,014,366
2.0
21,254,798
3.3
Consumer
Discretionary
:
21.5%
28,964
(1)
Burlington
Stores,
Inc.
8,888,183
1.4
15,060
(1)
Carvana
Co.
5,032,450
0.8
226,607
(1)
Coupang,
Inc.
4,323,662
0.7
11,656
Domino's
Pizza,
Inc.
4,691,656
0.7
166,532
(1)
Dutch
Bros,
Inc.
- Class
A
8,927,780
1.4
70,104
Hilton
Worldwide
Holdings,
Inc.
21,857,025
3.4
157,291
(1)
On
Holding
AG
- Class
A
7,310,886
1.1
87,676
Royal
Caribbean
Cruises
Ltd.
27,263,729
4.2
75,873
(1)(2)
SharkNinja,
Inc.
9,322,515
1.4
68,830
Tapestry,
Inc.
10,701,000
1.6
27,455
Texas
Roadhouse,
Inc.
5,020,696
0.8
269,657
Tractor
Supply
Co.
13,979,019
2.2
31,305
Williams-Sonoma,
Inc.
6,437,873
1.0
20,125
Wingstop,
Inc.
5,222,639
0.8
138,979,113
21.5
Consumer
Staples
:
2.3%
133,861
(1)
Celsius
Holdings,
Inc.
7,176,288
1.1
61,512
(1)
Dollar
Tree,
Inc.
7,780,038
1.2
14,956,326
2.3
Energy
:
3.3%
34,753
Chesapeake
Energy
Corp.
3,750,544
0.6
33,175
Targa
Resources
Corp.
7,822,665
1.2
122,413
TechnipFMC
PLC
8,117,206
1.2
3,249
Texas
Pacific
Land
Corp.
1,703,418
0.3
21,393,833
3.3
Financials
:
8.2%
55,397
(1)
Affirm
Holdings,
Inc.
2,602,551
0.4
37,733
Assurant,
Inc.
8,663,119
1.3
132,053
Lazard,
Inc.
6,681,882
1.0
27,858
LPL
Financial
Holdings,
Inc.
8,367,986
1.3
66,818
(1)
Robinhood
Markets,
Inc.
- Class
A
5,068,145
0.8
331,182
Rocket
Cos.,
Inc.
- Class
A
6,024,201
0.9
84,779
Stifel
Financial
Corp.
6,277,848
1.0
91,617
Synchrony
Financial
6,331,651
1.0
115,291
(1)
Toast,
Inc.
- Class
A
3,148,597
0.5
53,165,980
8.2
Health
Care
:
15.1%
60,223
Alcon,
Inc.
5,250,241
0.8
26,008
(1)
Align
Technology,
Inc.
4,944,121
0.8
33,966
(1)
Alnylam
Pharmaceuticals,
Inc.
11,307,961
1.7
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Health
Care:
(continued)
74,856
AmerisourceBergen
Corp.
$
27,856,912
4.3
25,330
(1)
IDEXX
Laboratories,
Inc.
16,634,971
2.6
20,665
(1)
Insmed,
Inc.
3,085,905
0.5
13,180
(1)
Natera,
Inc.
2,741,967
0.4
31,797
Quest
Diagnostics,
Inc.
6,738,102
1.0
27,745
(1)
Repligen
Corp.
3,571,614
0.6
15,940
(1)
Veeva
Systems,
Inc.
- Class
A
2,901,239
0.4
74,371
(1)
Vera
Therapeutics,
Inc.
3,033,593
0.5
88,414
(1)
Viridian
Therapeutics,
Inc.
2,597,603
0.4
23,099
(1)
Waters
Corp.
7,377,359
1.1
98,041,588
15.1
Industrials
:
24.7%
34,767
Applied
Industrial
Technologies,
Inc.
9,824,459
1.5
22,332
(1)
Axon
Enterprise,
Inc.
12,112,877
1.9
13,428
Comfort
Systems
USA,
Inc.
19,193,580
3.0
19,247
(1)
Dycom
Industries,
Inc.
8,084,125
1.2
38,772
HEICO
Corp.
12,386,103
1.9
113,585
Howmet
Aerospace,
Inc.
29,819,470
4.6
104,515
(1)
Kratos
Defense
&
Security
Solutions,
Inc.
9,007,103
1.4
194,999
Leonardo
DRS,
Inc.
8,461,007
1.3
56,443
(1)
Rocket
Lab
Corp.
3,900,211
0.6
13,755
(1)
Saia,
Inc.
5,576,139
0.8
108,570
Vertiv
Holdings
Co.
- Class
A
27,673,407
4.3
12,252
WW
Grainger,
Inc.
14,025,232
2.2
160,063,713
24.7
Information
Technology
:
15.5%
27,664
(1)
Astera
Labs,
Inc.
3,287,313
0.5
99,543
(1)
Cloudflare,
Inc.
- Class
A
17,140,309
2.6
17,251
(1)
Coherent
Corp.
4,466,802
0.7
108,953
(1)
Core
Scientific,
Inc.
1,848,933
0.3
6,332
(1)
Crowdstrike
Holdings,
Inc.
- Class
A
2,355,377
0.4
62,450
(1)
Datadog,
Inc.
- Class
A
6,991,902
1.1
2,651
(1)
Fair
Isaac
Corp.
3,736,213
0.6
178,803
(1)
MaxLinear,
Inc.
3,116,536
0.5
10,609
(1)
MongoDB,
Inc.
3,484,738
0.5
17,487
Monolithic
Power
Systems,
Inc.
19,983,095
3.1
34,477
(1)
Onto
Innovation,
Inc.
7,443,240
1.1
39,701
(1)
Rambus,
Inc.
3,956,602
0.6
50,201
(1)
Rubrik,
Inc.
- Class
A
2,608,444
0.4
135,768
(1)
Samsara,
Inc.
- Class
A
3,923,695
0.6
10,172
(1)
SiTime
Corp.
4,047,235
0.6
43,209
(1)
Snowflake,
Inc.
- Class
A
7,276,828
1.1
29,868
(1)
Synaptics,
Inc.
2,433,047
0.4
PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
(continued)
Voya
MidCap
Opportunities
Fund
Shares
Value
Percentage
of
Net
Assets
COMMON
STOCK:
(continued)
Information
Technology:
(continued)
16,081
(1)
Zscaler,
Inc.
$
2,363,746
0.4
100,464,055
15.5
Materials
:
1.3%
27,176
Vulcan
Materials
Co.
8,424,560
1.3
Real
Estate
:
1.5%
47,129
Welltower,
Inc.
9,761,358
1.5
Utilities
:
2.8%
104,744
Vistra
Corp.
18,213,934
2.8
Total
Common
Stock
(Cost
$561,681,498)
644,719,258
99.5
Principal
Amount
†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
1.2%
Repurchase
Agreements
:
0.6%
1,000,000
(3)
Bank
of
Montreal,
Repurchase
Agreement
dated
02/27/2026,
3.660%,
due
03/02/2026
(Repurchase
Amount
$1,000,301,
collateralized
by
various
U.S.
Government
Agency
Obligations,
3.500%-
5.000%,
Market
Value
plus
accrued
interest
$1,020,000,
due
10/01/52-10/01/54)
1,000,000
0.1
236,050
(3)
HSBC
Securities
(USA)
Inc.,
Repurchase
Agreement
dated
02/27/2026,
3.660%,
due
03/02/2026
(Repurchase
Amount
$236,121,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
0.000%-
4.350%,
Market
Value
plus
accrued
interest
$240,771,
due
07/15/26-11/15/50)
236,050
0.0
Principal
Amount†
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS:
(continued)
Repurchase
Agreements
(continued)
687,000
(3)
HSBC
Securities
(USA)
Inc.,
Repurchase
Agreement
dated
02/27/2026,
3.670%,
due
03/02/2026
(Repurchase
Amount
$687,207,
collateralized
by
various
U.S.
Government/U.S.
Government
Agency
Obligations,
1.125%-
7.000%,
Market
Value
plus
accrued
interest
$700,740,
due
12/01/29-02/01/56)
$
687,000
0.1
1,000,000
(3)
Nomura
Securities
International,
Inc.,
Repurchase
Agreement
dated
02/27/2026,
3.660%,
due
03/02/2026
(Repurchase
Amount
$1,000,301,
collateralized
by
various
U.S.
Government
Agency
Obligations,
5.000%-
6.000%,
Market
Value
plus
accrued
interest
$1,020,010,
due
01/20/53-12/01/55)
1,000,000
0.2
1,000,000
(3)
State
of
Wisconsin
Investment
Board,
Repurchase
Agreement
dated
02/27/2026,
3.770%,
due
03/02/2026
(Repurchase
Amount
$1,000,310,
collateralized
by
various
U.S.
Government
Securities,
0.125%-
3.875%,
Market
Value
plus
accrued
interest
$1,016,620,
due
04/15/28-02/15/55)
1,000,000
0.2
Total
Repurchase
Agreements
(Cost
$3,923,050)
3,923,050
0.6
PORTFOLIO
OF
INVESTMENTS
as
of
February
28,
2026
(Unaudited)
(continued)
Voya
MidCap
Opportunities
Fund
Shares
RA
Value
Percentage
of
Net
Assets
SHORT-TERM
INVESTMENTS
:
(continued)
Mutual
Funds
:
0.6%
3,685,000
(4)
Morgan
Stanley
Institutional
Liquidity
Funds
-
Government
Portfolio
(Institutional
Share
Class),
3.590%
(Cost
$3,685,000)
$
3,685,000
0.6
Total
Short-Term
Investments
(Cost
$7,608,050)
$
7,608,050
1.2
Total
Investments
in
Securities
(Cost
$569,289,548)
$
652,327,308
100.7
Liabilities
in
Excess
of
Other
Assets
(4,270,978)
(0.7)
Net
Assets
$
648,056,330
100.0
†
Unless
otherwise
indicated,
principal
amount
is
shown
in
USD.
(1)
Non-income
producing
security.
(2)
Security,
or
a
portion
of
the
security,
is
on
loan.
(3)
All
or
a
portion
of
the
security
represents
securities
purchased
with
cash
collateral
received
for
securities
on
loan.
(4)
Rate
shown
is
the
7-day
yield
as
of
February
28,
2026.
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*
$
644,719,258
$
—
$
—
$
644,719,258
Short-Term
Investments
3,685,000
3,923,050
—
7,608,050
Total
Investments,
at
fair
value
$
648,404,258
$
3,923,050
$
—
$
652,327,308
*
For
further
breakdown
of
Common
Stock
by
sector,
please
refer
to
the
Portfolio
of
Investments.
Net
unrealized
appreciation
consisted
of:
Gross
Unrealized
Appreciation
$
118,214,619
Gross
Unrealized
Depreciation
(35,176,859)
Net
Unrealized
Appreciation
$
83,037,760