PORTFOLIO

OF

INVESTMENTS

as

of

September

30,

2023

(Unaudited)

1

Voya

Index

Plus

MidCap

Portfolio

Shares

RA

Value

Percentage

of

Net

Assets

COMMON

STOCK

:

98.6%

Communication

Services

:

1.7%

1,410 

Cable

One,

Inc.

$

868,052

0.2

52,278 

Iridium

Communications,

Inc.

2,378,126

0.5

6,946 

New

York

Times

Co.

- Class

A

286,175

0.1

1,489 

Nexstar

Media

Group,

Inc.

213,478

0.0

4,528 

(1)

Spotify

Technology

SA

700,210

0.2

95,856 

TEGNA,

Inc.

1,396,622

0.3

6,770 

(1)

Trade

Desk,

Inc.

- Class

A

529,076

0.1

19,632 

(1)

TripAdvisor,

Inc.

325,499

0.1

63,761 

(1)

ZoomInfo

Technologies,

Inc.

1,045,680

0.2

7,742,918

1.7

Consumer

Discretionary

:

14.5%

41,115 

ADT,

Inc.

246,690

0.1

61,015 

Aramark

2,117,220

0.5

12,439 

(1)

AutoNation,

Inc.

1,883,265

0.4

31,556 

BorgWarner,

Inc.

1,273,916

0.3

43,665 

Boyd

Gaming

Corp.

2,656,142

0.6

5,410 

Brunswick

Corp.

427,390

0.1

5,732 

(1)

Caesars

Entertainment,

Inc.

265,678

0.1

15,247 

(1)(2)

Chewy,

Inc.

- Class

A

278,410

0.1

36,133 

(1)

Coupang,

Inc.

614,261

0.1

20,733 

(1)

Crocs,

Inc.

1,829,273

0.4

5,052 

(1)

Deckers

Outdoor

Corp.

2,597,183

0.6

9,706 

Dick's

Sporting

Goods,

Inc.

1,053,877

0.2

8,248 

DR

Horton,

Inc.

886,413

0.2

17,620 

(1)

Five

Below,

Inc.

2,835,058

0.6

15,278 

(1)(2)

GameStop

Corp.

- Class

A

251,476

0.1

37,788 

Gap,

Inc.

401,686

0.1

118,989 

Gentex

Corp.

3,871,902

0.9

3,545 

Genuine

Parts

Co.

511,827

0.1

1,700 

Graham

Holdings

Co.

- Class

B

991,100

0.2

11,993 

(1)

Grand

Canyon

Education,

Inc.

1,401,742

0.3

28,986 

H&R

Block,

Inc.

1,248,137

0.3

49,014 

Harley-Davidson,

Inc.

1,620,403

0.4

47,352 

(1)

Hilton

Grand

Vacations,

Inc.

1,927,226

0.4

17,470 

KB

Home

808,512

0.2

30,122 

Kohl's

Corp.

631,357

0.1

23,523 

Lear

Corp.

3,156,787

0.7

10,107 

Leggett

&

Platt,

Inc.

256,819

0.1

3,082 

(1)

Light

&

Wonder,

Inc.

219,839

0.0

934 

Lithia

Motors,

Inc.

275,838

0.1

27,463 

LKQ

Corp.

1,359,693

0.3

130,277 

Macy's,

Inc.

1,512,516

0.3

2,226 

Marriott

Vacations

Worldwide

Corp.

224,002

0.0

86,467 

(1)

Mattel,

Inc.

1,904,868

0.4

32,591 

MGM

Resorts

International

1,198,045

0.3

94,138 

(2)

Nordstrom,

Inc.

1,406,422

0.3

Shares

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Consumer

Discretionary:

(continued)

45 

(1)

NVR,

Inc.

$

268,348

0.1

19,269 

(1)

Ollie's

Bargain

Outlet

Holdings,

Inc.

1,487,181

0.3

75,289 

(1)

Penn

Entertainment,

Inc.

1,727,883

0.4

8,009 

(1)

Planet

Fitness,

Inc.

- Class

A

393,883

0.1

11,561 

PVH

Corp.

884,532

0.2

6,825 

Ralph

Lauren

Corp.

792,314

0.2

20,574 

Tapestry,

Inc.

591,502

0.1

65,300 

(1)

Taylor

Morrison

Home

Corp.

2,782,433

0.6

10,428 

(1)

TopBuild

Corp.

2,623,685

0.6

51,595 

Travel

+

Leisure

Co.

1,895,084

0.4

181,588 

(1)

Under

Armour,

Inc.

- Class

A

1,243,878

0.3

119,904 

Wendy's

Co.

2,447,241

0.5

13,804 

Williams-Sonoma,

Inc.

2,145,142

0.5

3,377 

Wingstop,

Inc.

607,320

0.1

8,253 

Wynn

Resorts

Ltd.

762,660

0.2

64,798,059

14.5

Consumer

Staples

:

4.3%

65,387 

(1)

BellRing

Brands,

Inc.

2,695,906

0.6

4,380 

(1)

BJ's

Wholesale

Club

Holdings,

Inc.

312,601

0.1

1,713 

(1)

Boston

Beer

Co.,

Inc.

- Class

A

667,265

0.1

804 

Casey's

General

Stores,

Inc.

218,302

0.0

11,906 

(1)

Celsius

Holdings,

Inc.

2,043,069

0.5

2,919 

Coca-Cola

Consolidated,

Inc.

1,857,418

0.4

44,234 

(1)

Darling

Ingredients,

Inc.

2,309,015

0.5

11,547 

Flowers

Foods,

Inc.

256,112

0.1

17,621 

Ingredion,

Inc.

1,733,906

0.4

60,544 

(1)

Performance

Food

Group

Co.

3,563,620

0.8

105 

Seaboard

Corp.

394,065

0.1

81,294 

(1)

US

Foods

Holding

Corp.

3,227,372

0.7

19,278,651

4.3

Energy

:

5.2%

25,127 

(1)

Antero

Resources

Corp.

637,723

0.1

46,633 

Baker

Hughes

Co.

1,647,078

0.4

76,726 

ChampionX

Corp.

2,732,980

0.6

9,112 

Chord

Energy

Corp.

1,476,782

0.3

59,165 

(1)

CNX

Resources

Corp.

1,335,946

0.3

8,853 

Coterra

Energy,

Inc.

239,474

0.1

6,774 

Diamondback

Energy,

Inc.

1,049,157

0.2

8,169 

DT

Midstream,

Inc.

432,304

0.1

9,712 

EQT

Corp.

394,113

0.1

238,422 

Equitrans

Midstream

Corp.

2,234,014

0.5

10,440 

HF

Sinclair

Corp.

594,349

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

September

30,

2023

(Unaudited)

(continued)

2

Voya

Index

Plus

MidCap

Portfolio

Shares

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Energy:

(continued)

29,732 

Matador

Resources

Co.

$

1,768,459

0.4

44,805 

Murphy

Oil

Corp.

2,031,907

0.5

23,644 

New

Fortress

Energy,

Inc.

775,050

0.2

13,043 

Ovintiv,

Inc.

620,456

0.1

35,508 

PBF

Energy,

Inc.

- Class

A

1,900,743

0.4

70,693 

Range

Resources

Corp.

2,291,160

0.5

101,071 

(1)

Southwestern

Energy

Co.

651,908

0.2

2,374 

(1)

Weatherford

International

PLC

214,443

0.1

23,028,046

5.2

Financials

:

14.3%

18,907 

Affiliated

Managers

Group,

Inc.

2,464,338

0.5

35,390 

Ally

Financial,

Inc.

944,205

0.2

15,777 

American

Financial

Group,

Inc.

1,761,818

0.4

3,745 

Ameriprise

Financial,

Inc.

1,234,652

0.3

19,763 

Annaly

Capital

Management,

Inc.

371,742

0.1

6,953 

Assured

Guaranty

Ltd.

420,796

0.1

15,136 

Axis

Capital

Holdings

Ltd.

853,216

0.2

53,580 

Bank

OZK

1,986,211

0.4

27,436 

Citizens

Financial

Group,

Inc.

735,285

0.2

87,365 

CNO

Financial

Group,

Inc.

2,073,171

0.5

46,045 

Commerce

Bancshares,

Inc.

2,209,239

0.5

41,174 

East

West

Bancorp,

Inc.

2,170,282

0.5

21,512 

Equitable

Holdings,

Inc.

610,726

0.1

4,171 

Erie

Indemnity

Co.

- Class

A

1,225,398

0.3

34,450 

Essent

Group

Ltd.

1,629,140

0.4

9,609 

Evercore,

Inc.

- Class

A

1,324,889

0.3

1,384 

Everest

Re

Group

Ltd.

514,391

0.1

5,222 

Fidelity

National

Financial,

Inc.

215,669

0.0

33,669 

First

American

Financial

Corp.

1,901,962

0.4

39,183 

First

Financial

Bankshares,

Inc.

984,277

0.2

38,376 

First

Hawaiian,

Inc.

692,687

0.2

20,318 

FNB

Corp.

219,231

0.0

61,091 

Hancock

Whitney

Corp.

2,259,756

0.5

10,049 

Hartford

Financial

Services

Group,

Inc.

712,575

0.2

10,025 

International

Bancshares

Corp.

434,483

0.1

Shares

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Financials:

(continued)

29,695 

Janus

Henderson

Group

PLC

$

766,725

0.2

27,172 

Jefferies

Financial

Group,

Inc.

995,310

0.2

9,032 

Kemper

Corp.

379,615

0.1

27,560 

Loews

Corp.

1,744,824

0.4

3,320 

MarketAxess

Holdings,

Inc.

709,285

0.2

148,864 

MGIC

Investment

Corp.

2,484,540

0.6

17,217 

OneMain

Holdings,

Inc.

690,229

0.2

28,006 

Pinnacle

Financial

Partners,

Inc.

1,877,522

0.4

30,039 

Prosperity

Bancshares,

Inc.

1,639,529

0.4

23,196 

Reinsurance

Group

of

America,

Inc.

3,367,827

0.8

1,092 

RenaissanceRe

Holdings

Ltd.

216,129

0.0

132,725 

Rithm

Capital

Corp.

1,233,015

0.3

5,310 

RLI

Corp.

721,576

0.2

72,838 

SLM

Corp.

992,054

0.2

104,098 

(2)

Starwood

Property

Trust,

Inc.

2,014,296

0.4

6,625 

State

Street

Corp.

443,610

0.1

32,589 

Stifel

Financial

Corp.

2,002,268

0.4

33,612 

Synchrony

Financial

1,027,519

0.2

8,851 

Tradeweb

Markets,

Inc.

- Class

A

709,850

0.2

32,100 

UMB

Financial

Corp.

1,991,805

0.4

77,052 

Unum

Group

3,790,188

0.8

4,418 

Willis

Towers

Watson

PLC

923,185

0.2

34,586 

Wintrust

Financial

Corp.

2,611,243

0.6

18,127 

Zions

Bancorp

NA

632,451

0.1

63,914,734

14.3

Health

Care

:

8.5%

9,116 

Agilent

Technologies,

Inc.

1,019,351

0.2

1,462 

(1)

Alnylam

Pharmaceuticals,

Inc.

258,920

0.1

15,822 

(1)

Arrowhead

Pharmaceuticals,

Inc.

425,137

0.1

24,644 

Bruker

Corp.

1,535,321

0.3

5,231 

Cardinal

Health,

Inc.

454,155

0.1

76,765 

(1)

Doximity,

Inc.

- Class

A

1,628,953

0.4

136,015 

(1)

Exelixis,

Inc.

2,971,928

0.7

34,673 

(1)

Globus

Medical,

Inc.

- Class

A

1,721,515

0.4

13,750 

(1)

Haemonetics

Corp.

1,231,725

0.3

35,631 

(1)

Halozyme

Therapeutics,

Inc.

1,361,104

0.3

5,829 

(1)

HealthEquity,

Inc.

425,809

0.1

26,362 

(1)

Inari

Medical,

Inc.

1,724,075

0.4

16,732 

(1)

Incyte

Corp.

966,608

0.2

2,979 

(1)

Inspire

Medical

Systems,

Inc.

591,153

0.1

PORTFOLIO

OF

INVESTMENTS

as

of

September

30,

2023

(Unaudited)

(continued)

3

Voya

Index

Plus

MidCap

Portfolio

Shares

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Health

Care:

(continued)

17,306 

(1)

Jazz

Pharmaceuticals

PLC

$

2,240,089

0.5

30,980 

(1)

Lantheus

Holdings,

Inc.

2,152,490

0.5

29,709 

(1)

LivaNova

PLC

1,571,012

0.3

2,377 

(1)

Masimo

Corp.

208,415

0.0

306 

(1)

Mettler-Toledo

International,

Inc.

339,069

0.1

5,493 

(1)

Molina

Healthcare,

Inc.

1,801,100

0.4

32,202 

(1)

Neurocrine

Biosciences,

Inc.

3,622,725

0.8

62,770 

Patterson

Cos.,

Inc.

1,860,503

0.4

3,202 

(1)

Penumbra,

Inc.

774,596

0.2

46,264 

(1)

Progyny,

Inc.

1,573,901

0.3

11,404 

(1)

Shockwave

Medical,

Inc.

2,270,536

0.5

5,601 

(1)

Tenet

Healthcare

Corp.

369,050

0.1

7,162 

(1)

United

Therapeutics

Corp.

1,617,681

0.4

6,537 

(1)

Veeva

Systems,

Inc.

- Class

A

1,329,953

0.3

38,046,874

8.5

Industrials

:

21.7%

16,685 

Acuity

Brands,

Inc.

2,841,622

0.6

18,252 

Advanced

Drainage

Systems,

Inc.

2,077,625

0.5

52,438 

AECOM

4,354,452

1.0

6,623 

AGCO

Corp.

783,368

0.2

2,375 

Allegion

PLC

247,475

0.1

64,580 

(1)

American

Airlines

Group,

Inc.

827,270

0.2

2,528 

AMETEK,

Inc.

373,537

0.1

9,792 

(1)

Avis

Budget

Group,

Inc.

1,759,524

0.4

42,366 

(1)

Builders

FirstSource,

Inc.

5,274,143

1.2

4,312 

Carlisle

Cos.,

Inc.

1,117,929

0.2

2,792 

(1)

Chart

Industries,

Inc.

472,183

0.1

3,166 

Cintas

Corp.

1,522,878

0.3

87,083 

(1)

Clarivate

PLC

584,327

0.1

16,857 

(1)

Clean

Harbors,

Inc.

2,821,188

0.6

45,377 

(1)

Copart,

Inc.

1,955,295

0.4

39,407 

(1)

Core

&

Main,

Inc.

- Class

A

1,136,892

0.3

9,647 

(1)

CoStar

Group,

Inc.

741,758

0.2

1,545 

Curtiss-Wright

Corp.

302,248

0.1

50,936 

Donaldson

Co.,

Inc.

3,037,823

0.7

105,297 

Dun

&

Bradstreet

Holdings,

Inc.

1,051,917

0.2

1,058 

EMCOR

Group,

Inc.

222,593

0.0

18,671 

EnerSys

1,767,584

0.4

5,072 

Exponent,

Inc.

434,163

0.1

10,245 

Flowserve

Corp.

407,444

0.1

8,144 

(1)

Fluor

Corp.

298,885

0.1

23,682 

Fortive

Corp.

1,756,257

0.4

44,357 

Fortune

Brands

Innovations,

Inc.

2,757,231

0.6

2,023 

(1)

FTI

Consulting,

Inc.

360,923

0.1

80,660 

Genpact

Ltd.

2,919,892

0.7

Shares

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Industrials:

(continued)

51,587 

Graco,

Inc.

$

3,759,661

0.8

28,174 

(1)

GXO

Logistics,

Inc.

1,652,405

0.4

51,728 

(1)

Hertz

Global

Holdings,

Inc.

633,668

0.1

7,042 

Hubbell,

Inc.

2,207,033

0.5

10,958 

Leidos

Holdings,

Inc.

1,009,889

0.2

852 

Lennox

International,

Inc.

319,023

0.1

4,110 

Lincoln

Electric

Holdings,

Inc.

747,157

0.2

3,156 

ManpowerGroup,

Inc.

231,398

0.1

2,699 

(1)

MasTec,

Inc.

194,247

0.0

24,960 

MSC

Industrial

Direct

Co.,

Inc.

- Class

A

2,449,824

0.5

52,543 

nVent

Electric

PLC

2,784,254

0.6

3,150 

Otis

Worldwide

Corp.

252,977

0.1

34,381 

Owens

Corning

4,689,912

1.0

3,757 

Parker-Hannifin

Corp.

1,463,427

0.3

17,602 

Pentair

PLC

1,139,729

0.3

16,398 

Regal

Rexnord

Corp.

2,342,946

0.5

1,477 

Rockwell

Automation,

Inc.

422,230

0.1

14,186 

Rollins,

Inc.

529,563

0.1

6,427 

Ryder

System,

Inc.

687,368

0.2

10,397 

(1)

Saia,

Inc.

4,144,764

0.9

33,341 

Schneider

National,

Inc.

- Class

B

923,212

0.2

27,120 

Sensata

Technologies

Holding

PLC

1,025,678

0.2

17,593 

SS&C

Technologies

Holdings,

Inc.

924,336

0.2

37,546 

Terex

Corp.

2,163,401

0.5

40,707 

Timken

Co.

2,991,557

0.7

3,296 

Toro

Co.

273,898

0.1

5,447 

TransUnion

391,040

0.1

8,569 

(1)

U-Haul

Holding

Co.

467,610

0.1

765 

United

Rentals,

Inc.

340,096

0.1

8,205 

(2)

Watsco,

Inc.

3,099,193

0.7

14,363 

Watts

Water

Technologies,

Inc.

- Class

A

2,482,214

0.6

13,834 

WESCO

International,

Inc.

1,989,606

0.4

7,278 

(1)

WillScot

Mobile

Mini

Holdings

Corp.

302,692

0.1

21,840 

Woodward,

Inc.

2,713,838

0.6

952 

WW

Grainger,

Inc.

658,632

0.1

96,616,904

21.7

Information

Technology

:

11.4%

70,262 

(1)

ACI

Worldwide,

Inc.

1,585,111

0.3

8,451 

(1)

Akamai

Technologies,

Inc.

900,370

0.2

43,373 

(1)

Allegro

MicroSystems,

Inc.

1,385,334

0.3

3,589 

(1)

Arrow

Electronics,

Inc.

449,486

0.1

53,691 

Avnet,

Inc.

2,587,369

0.6

40,551 

(1)

Calix,

Inc.

1,858,858

0.4

11,870 

(1)

Cirrus

Logic,

Inc.

877,905

0.2

40,509 

Cognex

Corp.

1,719,202

0.4

PORTFOLIO

OF

INVESTMENTS

as

of

September

30,

2023

(Unaudited)

(continued)

4

Voya

Index

Plus

MidCap

Portfolio

Shares

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Information

Technology:

(continued)

26,214 

(1)

Coherent

Corp.

$

855,625

0.2

18,144 

Concentrix

Corp.

1,453,516

0.3

8,972 

(1)

DocuSign,

Inc.

376,824

0.1

63,387 

(1)

Dropbox,

Inc.

- Class

A

1,726,028

0.4

46,017 

(1)

Dynatrace,

Inc.

2,150,374

0.5

38,810 

(1)

ExlService

Holdings,

Inc.

1,088,232

0.2

7,941 

(1)

F5,

Inc.

1,279,613

0.3

27,659 

(1)

GoDaddy,

Inc.

- Class

A

2,060,042

0.5

1,837 

(1)

HubSpot,

Inc.

904,722

0.2

38,016 

Jabil,

Inc.

4,823,850

1.1

6,421 

(1)

Keysight

Technologies,

Inc.

849,562

0.2

14,937 

(1)

Kyndryl

Holdings,

Inc.

225,549

0.0

45,132 

(1)

Lattice

Semiconductor

Corp.

3,878,193

0.9

15,128 

(1)

Manhattan

Associates,

Inc.

2,990,200

0.7

1,734 

Monolithic

Power

Systems,

Inc.

801,108

0.2

13,237 

National

Instruments

Corp.

789,190

0.2

12,901 

NetApp,

Inc.

978,928

0.2

2,872 

Paycom

Software,

Inc.

744,623

0.2

14,657 

(1)

Paylocity

Holding

Corp.

2,663,177

0.6

31,140 

(1)

Pure

Storage,

Inc.

- Class

A

1,109,207

0.2

11,620 

(1)

RingCentral,

Inc.

- Class

A

344,301

0.1

1,721 

(1)

SolarEdge

Technologies,

Inc.

222,887

0.0

10,542 

(1)

Super

Micro

Computer,

Inc.

2,890,827

0.6

18,234 

(1)

Teradata

Corp.

820,895

0.2

2,680 

Teradyne,

Inc.

269,233

0.1

9,107 

(1)

Trimble,

Inc.

490,503

0.1

17,484 

Universal

Display

Corp.

2,744,813

0.6

50,895,657

11.4

Materials

:

6.7%

47,103 

Alcoa

Corp.

1,368,813

0.3

24,332 

AptarGroup,

Inc.

3,042,473

0.7

16,169 

Ashland,

Inc.

1,320,684

0.3

56,266 

Avient

Corp.

1,987,315

0.4

45,584 

(1)

Axalta

Coating

Systems

Ltd.

1,226,210

0.3

26,359 

Berry

Global

Group,

Inc.

1,631,886

0.4

57,496 

Chemours

Co.

1,612,763

0.4

68,134 

(1)

Cleveland-Cliffs,

Inc.

1,064,934

0.2

43,485 

Commercial

Metals

Co.

2,148,594

0.5

2,610 

Crown

Holdings,

Inc.

230,933

0.1

51,458 

Element

Solutions,

Inc.

1,009,091

0.2

5,376 

Greif,

Inc.

- Class

A

359,171

0.1

7,867 

PPG

Industries,

Inc.

1,021,137

0.2

Shares

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Materials:

(continued)

18,108 

Reliance

Steel

&

Aluminum

Co.

$

4,748,461

1.1

4,574 

Royal

Gold,

Inc.

486,353

0.1

38,633 

RPM

International,

Inc.

3,662,795

0.8

22,995 

Sonoco

Products

Co.

1,249,778

0.3

4,979 

Steel

Dynamics,

Inc.

533,848

0.1

15,119 

United

States

Steel

Corp.

491,065

0.1

7,112 

Worthington

Industries,

Inc.

439,664

0.1

29,635,968

6.7

Real

Estate

:

6.8%

30,493 

Agree

Realty

Corp.

1,684,433

0.4

130,008 

Brixmor

Property

Group,

Inc.

2,701,566

0.6

3,286 

(1)

CBRE

Group,

Inc.

- Class

A

242,704

0.1

84,305 

CubeSmart

3,214,550

0.7

19,674 

EastGroup

Properties,

Inc.

3,276,311

0.7

4,147 

Equity

LifeStyle

Properties,

Inc.

264,205

0.1

64,846 

First

Industrial

Realty

Trust,

Inc.

3,086,021

0.7

9,119 

Gaming

and

Leisure

Properties,

Inc.

415,371

0.1

66,895 

Highwoods

Properties,

Inc.

1,378,706

0.3

16,985 

(1)

Jones

Lang

LaSalle,

Inc.

2,397,942

0.5

71,235 

Kilroy

Realty

Corp.

2,251,738

0.5

34,519 

Lamar

Advertising

Co.

- Class

A

2,881,301

0.6

87,022 

National

Retail

Properties,

Inc.

3,075,358

0.7

4,887 

Rexford

Industrial

Realty,

Inc.

241,174

0.1

65,489 

Spirit

Realty

Capital,

Inc.

2,195,846

0.5

31,263 

VICI

Properties,

Inc.

909,753

0.2

30,216,979

6.8

Utilities

:

3.5%

21,921 

ALLETE,

Inc.

1,157,429

0.3

28,507 

Black

Hills

Corp.

1,442,169

0.3

2,867 

DTE

Energy

Co.

284,636

0.1

16,646 

Edison

International

1,053,525

0.2

51,499 

National

Fuel

Gas

Co.

2,673,313

0.6

17,976 

NorthWestern

Corp.

863,927

0.2

17,667 

OGE

Energy

Corp.

588,841

0.1

37,029 

ONE

Gas,

Inc.

2,528,340

0.6

14,059 

(1)

PG&E

Corp.

226,772

0.0

3,766 

Pinnacle

West

Capital

Corp.

277,479

0.1

6,798 

Southwest

Gas

Holdings,

Inc.

410,667

0.1

99,875 

UGI

Corp.

2,297,125

0.5

26,295 

Vistra

Corp.

872,468

0.2

PORTFOLIO

OF

INVESTMENTS

as

of

September

30,

2023

(Unaudited)

(continued)

5

Voya

Index

Plus

MidCap

Portfolio

Shares

Value

Percentage

of

Net

Assets

COMMON

STOCK:

(continued)

Utilities:

(continued)

18,956 

Xcel

Energy,

Inc.

$

1,084,662

0.2

15,761,353

3.5

Total

Common

Stock

(Cost

$422,573,140)

439,936,143

98.6

Principal

Amount

†

RA

Value

Percentage

of

Net

Assets

SHORT-TERM

INVESTMENTS

:

2.3%

Repurchase

Agreements

:

1.0%

1,095,654 

(3)

Bethesda

Securities

LLC,

Repurchase

Agreement

dated

09/29/2023,

5.390%,

due

10/02/2023

(Repurchase

Amount

$1,096,139,

collateralized

by

various

U.S.

Government

Agency

Obligations,

3.062%-

6.000%,

Market

Value

plus

accrued

interest

$1,117,567,

due

08/01/28-07/01/53)

1,095,654

0.2

1,118,014 

(3)

Citigroup

Global

Markets

Inc.,

Repurchase

Agreement

dated

09/29/2023,

5.300%,

due

10/02/2023

(Repurchase

Amount

$1,118,501,

collateralized

by

various

U.S.

Government/U.S.

Government

Agency

Obligations,

0.000%-

7.087%,

Market

Value

plus

accrued

interest

$1,140,374,

due

08/05/25-05/20/72)

1,118,014

0.2

250,769 

(3)

Daiwa

Capital

Markets,

Repurchase

Agreement

dated

09/29/2023,

5.320%,

due

10/02/2023

(Repurchase

Amount

$250,879,

collateralized

by

various

U.S.

Government/U.S.

Government

Agency

Obligations,

0.000%-

7.000%,

Market

Value

plus

accrued

interest

$255,800,

due

01/31/24-10/01/53)

250,769

0.1

Principal

Amount†

RA

Value

Percentage

of

Net

Assets

SHORT-TERM

INVESTMENTS:

(continued)

Repurchase

Agreements

(continued)

1,095,654 

(3)

Industrial

&

Comm.

Bank

of

China,

Repurchase

Agreement

dated

09/29/2023,

5.330%,

due

10/02/2023

(Repurchase

Amount

$1,096,134,

collateralized

by

various

U.S.

Government

Securities,

0.000%-

7.500%,

Market

Value

plus

accrued

interest

$1,117,567,

due

10/31/23-02/15/53)

$

1,095,654

0.2

1,118,014 

(3)

National

Bank

Financial,

Repurchase

Agreement

dated

09/29/2023,

5.340%,

due

10/02/2023

(Repurchase

Amount

$1,118,505,

collateralized

by

various

U.S.

Government

Securities,

0.000%-

4.750%,

Market

Value

plus

accrued

interest

$1,140,374,

due

10/02/23)

1,118,014

0.3

Total

Repurchase

Agreements

(Cost

$4,678,105)

4,678,105

1.0

Shares

RA

Value

Percentage

of

Net

Assets

Mutual

Funds

:

1.3%

5,615,000 

(4)

Morgan

Stanley

Institutional

Liquidity

Funds

-

Government

Portfolio

(Institutional

Share

Class),

5.270%

(Cost

$5,615,000)

$

5,615,000

1.3

Total

Short-Term

Investments

(Cost

$10,293,105)

10,293,105

2.3

Total

Investments

in

Securities

(Cost

$432,866,245)

$

450,229,248

100.9

Liabilities

in

Excess

of

Other

Assets

(4,067,449)

(0.9)

Net

Assets

$

446,161,799

100.0

PORTFOLIO

OF

INVESTMENTS

as

of

September

30,

2023

(Unaudited)

(continued)

6

Voya

Index

Plus

MidCap

Portfolio

†

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

September

30,

2023.

PORTFOLIO

OF

INVESTMENTS

as

of

September

30,

2023

(Unaudited)

(continued)

7

Voya

Index

Plus

MidCap

Portfolio

Fair

Value

Measurements

The

following

is

a

summary

of

the

fair

valuations

according

to

the

inputs

used

as

of

September

30,

2023

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

September

30,

2023

Asset

Table

Investments,

at

fair

value

Common

Stock*

$

439,936,143

$

—

$

—

$

439,936,143

Short-Term

Investments

5,615,000

4,678,105

—

10,293,105

Total

Investments,

at

fair

value

$

445,551,143

$

4,678,105

$

—

$

450,229,248

Liabilities

Table

Other

Financial

Instruments+

Futures

$

(165,429)

$

—

$

—

$

(165,429)

Total

Liabilities

$

(165,429)

$

—

$

—

$

(165,429)

*

For

further

breakdown

of

Common

Stock

by

sector,

please

refer

to

the

Portfolio

of

Investments.

+

Other

Financial

Instruments

may

include

open

forward

foreign

currency

contracts,

futures,

centrally

cleared

swaps,

OTC

swaps

and

written

options.

Forward

foreign

currency

contracts,

futures

and

centrally

cleared

swaps

are

fair

valued

at

the

unrealized

appreciation

(depreciation)

on

the

instrument.

OTC

swaps

and

written

options

are

valued

at

the

fair

value

of

the

instrument.

At

September

30,

2023,

the

following

futures

contracts

were

outstanding

for

Voya

Index

Plus

MidCap

Portfolio:

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

Unrealized

Depreciation

Long

Contracts:

S&P

Mid

400

E-Mini

Index

20

12/15/23

$

5,040,800

$

(165,429)

$

5,040,800

$

(165,429)

Net

unrealized

appreciation

consisted

of:

Gross

Unrealized

Appreciation

$

52,108,190

Gross

Unrealized

Depreciation

(34,745,187)

Net

Unrealized

Appreciation

$

17,363,003