Voya Asia Pacific High Dividend Equity Income Fund PORTFOLIO OF INVESTMENTS
as of May 31, 2019 (Unaudited)

Shares				Value		Percentage of Net Assets
COMMON STOCK: 94.7%
			Australia: 17.1%
	62,593		AGL Energy Ltd.	$	890,255		0.8
	243,001		Alumina Ltd.		401,451		0.4
	11,829		ASX Ltd.		619,781		0.5
	60,786		Aurizon Holdings Ltd.		218,032		0.2
	89,318		Australia & New Zealand Banking Group Ltd.		1,720,896		1.5
	90,593		BHP Group Ltd.		2,354,056		2.1
	57,846		BlueScope Steel Ltd.		421,640		0.4
	135,076		Coca-Cola Amatil Ltd.		891,218		0.8
	6,811		Cochlear Ltd.		941,556		0.8
	14,463		Commonwealth Bank of Australia		786,049		0.7
	58,674		Crown Resorts Ltd.		508,638		0.4
	15,488		Macquarie Group Ltd.		1,288,637		1.1
	436,047		Medibank Pvt Ltd.		997,839		0.9
	11,124		Newcrest Mining Ltd.		211,395		0.2
	7,120		Rio Tinto Ltd.		494,156		0.4
	121,170		Santos Ltd.		563,484		0.5
	351,550		Scentre Group		927,922		0.8
	337,641		South32 Ltd. - AUD		774,406		0.7
	142,035		Stockland		435,976		0.4
	32,396		Washington H Soul Pattinson & Co. Ltd.		499,040		0.4
	53,981		Wesfarmers Ltd.		1,383,819		1.2
	70,400		Westpac Banking Corp.		1,345,072		1.2
	87,735		WorleyParsons Ltd.		797,930		0.7
					19,473,248		17.1
			China: 29.4%
	374,000		Agile Group Holdings, Ltd.		472,050		0.4
	19,706	(1)	Alibaba Group Holding Ltd. ADR		2,941,318		2.6
	122,500		Anhui Conch Cement Co., Ltd. - H Shares		717,769		0.6
	808,500	(2)	BAIC Motor Corp. Ltd. - H Shares		501,053		0.5
	2,821	(1)	Baidu, Inc. ADR		310,310		0.3
	1,156,000		Bank of China Ltd. - H Shares		479,313		0.4
	842,000		Bank of Communications Co., Ltd. - H Shares		659,872		0.6
	117,000		Beijing Enterprises Holdings Ltd.		587,234		0.5
	98,500		BOC Hong Kong Holdings Ltd.		378,582		0.3
	68,000		BYD Electronic International Co. Ltd.		89,603		0.1
	1,200,000		China CITIC Bank Corp. Ltd - H Shares		682,151		0.6
	346,000		China Communications Services Corp., Ltd. - H Shares		258,720		0.2
	1,577,960		China Construction Bank - H Shares		1,249,194		1.1
	318,000		China Everbright Ltd.		508,906		0.5
	575,000		China Medical System Holdings Ltd.		504,961		0.5
	173,000		China Mobile Ltd.		1,511,148		1.3

Shares				Value		Percentage of Net Assets
COMMON STOCK: (continued)
			China: (continued)
	134,000		China National Building Material Co., Ltd. - H Shares	$	103,225		0.1
	630,000		China Oriental Group Co. Ltd.		365,365		0.3
	1,564,000		China Petroleum & Chemical Corp. - H Shares		1,039,160		0.9
	329,000		China Railway Group Ltd. - H Shares		246,181		0.2
	864,000		China Reinsurance Group Corp. - H Shares		157,606		0.1
	634,000		China Resources Cement Holdings Ltd. - H Shares		549,727		0.5
	32,000		China Resources Land Ltd.		130,175		0.1
	215,000	(2)	China Resources Pharmaceutical Group Ltd.		281,503		0.3
	290,500		China Shenhua Energy Co., Ltd. - H Shares		598,746		0.5
	884,000		China Telecom Corp., Ltd. - H Shares		444,224		0.4
	185,300		Chinese Universe Publishing and Media Group Co. Ltd. - A Shares		360,921		0.3
	1,145,000		Chongqing Rural Commercial Bank Co. Ltd. - H Shares		586,193		0.5
	178,000		CIFI Holdings Group Co. Ltd.		106,589		0.1
	387,000		CNOOC Ltd.		628,752		0.6
	254,000		Country Garden Holdings Co. Ltd.		343,251		0.3
	236,000		CSPC Pharmaceutical Group Ltd.		380,790		0.3
	154,000		Fosun International Ltd		198,493		0.2
	215,000		Geely Automobile Holdings Ltd.		352,264		0.3
	182,000		Great Wall Motor Co. Ltd. - H Shares		132,301		0.1
	387,500		Greenland Holdings Group Co. Ltd. - A Shares		375,755		0.3
	252,000		Guangzhou R&F Properties Co., Ltd. - H Shares		476,488		0.4
	2,511,414		Industrial & Commercial Bank of China - H Shares		1,795,001		1.6
	175,500		Inner Mongolia Yitai Coal Co. Ltd.		192,172		0.1
	156,000		Kunlun Energy Co. Ltd.		143,381		0.1
	840,000		Lenovo Group Ltd.		584,537		0.5
	982,000		Maanshan Iron & Steel Co. Ltd. - H Shares		418,548		0.4
	17,926		Momo, Inc. ADR		494,220		0.4
	175,000		Nexteer Automotive Group Ltd.		214,310		0.2

Voya Asia Pacific High Dividend Equity Income Fund PORTFOLIO OF INVESTMENTS
as of May 31, 2019 (Unaudited) (Continued)

Shares				Value		Percentage of Net Assets
COMMON STOCK: (continued)
			China: (continued)
	652,000		PICC Property & Casualty Co., Ltd. - H Shares	$	705,368		0.6
	142,500		Ping An Insurance Group Co. of China Ltd. - H Shares		1,581,210		1.4
	1,425,000	(2)	Postal Savings Bank of China Co. Ltd. - H Shares		852,261		0.8
	129,500		Sany Heavy Industry Co. Ltd. - A Shares		225,761		0.2
	323,363		Shanghai Pharmaceuticals Holding Co. Ltd. - H Shares		638,437		0.6
	767,000		Sihuan Pharmaceutical Holdings Group Ltd.		172,089		0.2
	213,000		Sino Biopharmaceutical Ltd.		214,851		0.2
	1,096,000		Sinopec Shanghai Petrochemical Co. Ltd. - H Shares		478,369		0.4
	732,000		Sinotrans Ltd. - H Shares		269,052		0.2
	58,000		Sinotruk Hong Kong Ltd.		109,880		0.1
	88,500		Tencent Holdings Ltd.		3,690,243		3.2
	203,000		Tong Ren Tang Technologies Co. Ltd. - H Shares		259,784		0.2
	244,000		Weichai Power Co. Ltd. - H Shares		371,096		0.3
	406,000		Yanzhou Coal Mining Co., Ltd. - H Shares		382,503		0.3
	2,554		Yum China Holdings, Inc.		102,185		0.1
					33,605,151		29.4
			Hong Kong: 8.0%
	74,974		AIA Group Ltd.		704,322		0.6
	63,200		ASM Pacific Technology Ltd.		612,611		0.5
	150,000		CK Asset Holdings Ltd.		1,085,614		1.0
	112,000		CK Hutchison Holdings Ltd.		1,057,881		0.9
	497,000		HKT Trust / HKT Ltd.		783,581		0.7
	138,000		Power Assets Holdings Ltd.		954,932		0.8
	140,000		Hysan Development Co., Ltd.		729,137		0.6
	562,000		New World Development Ltd.		830,881		0.7
	287,000		NWS Holdings Ltd.		565,531		0.5
	130,000		Shangri-La Asia Ltd.		166,146		0.2
	72,500		Swire Pacific Ltd - Class A		857,857		0.8
	125,000		Techtronic Industries Co., Ltd.		797,958		0.7
					9,146,451		8.0
			India: 8.3%
	58,607		Coal India Ltd.		213,739		0.2
	142,886		GAIL India Ltd.		741,967		0.6
	36,758		Glenmark Pharmaceuticals Ltd.		288,158		0.2

Shares			Value		Percentage of Net Assets
COMMON STOCK: (continued)
		India: (continued)
	58,547	HCL Technologies Ltd.	$	919,210		0.8
	10,701	Hero Motocorp Ltd.		412,758		0.4
	28,801	Hindustan Petroleum Corp. Ltd.		135,352		0.1
	35,769	Hindustan Unilever Ltd.		920,230		0.8
	40,841	Infosys Ltd.		430,551		0.4
	105,428	Infosys Ltd. ADR		1,103,831		1.0
	27,101	ITC Ltd.		108,520		0.1
	5,567	Nestle India Ltd.		921,158		0.8
	47,792	Oil & Natural Gas Corp., Ltd.		118,031		0.1
	375	Page Industries Ltd.		106,524		0.1
	43,491	Tata Consultancy Services Ltd.		1,371,947		1.2
	75,185	Tech Mahindra Ltd.		821,012		0.7
	212,696	Wipro Ltd.		873,531		0.8
				9,486,519		8.3
		Indonesia: 2.5%
	1,366,900	Adaro Energy Tbk PT		124,102		0.1
	783,500	Astra International Tbk PT		410,661		0.4
	478,600	Bank Central Asia Tbk PT		979,149		0.8
	1,187,400	Bank Mandiri Persero TBK PT		642,252		0.6
	223,600	Bank Negara Indonesia Persero Tbk PT		131,870		0.1
	20,500	Gudang Garam Tbk PT		115,828		0.1
	1,812,800	Hanjaya Mandala Sampoerna Tbk PT		430,783		0.4
				2,834,645		2.5
		Macau: 0.7%
	161,600	Sands China Ltd.		732,349		0.7
		Malaysia: 3.6%
	767,100	AirAsia Group Bhd		529,788		0.5
	295,100	AMMB Holdings Bhd		312,331		0.3
	111,600	CIMB Group Holdings Bhd		140,267		0.1
	262,000	Genting Bhd		399,527		0.3
	87,700	Hong Leong Bank BHD		397,319		0.3
	38,200	Hong Leong Financial Group Bhd		173,219		0.2
	361,200	Malayan Banking BHD		777,171		0.7
	5,200	Nestle Malaysia Bhd		182,344		0.2
	86,000	Public Bank BHD		484,128		0.4
	540,100	RHB Bank Bhd		751,410		0.6
				4,147,504		3.6
		New Zealand: 0.3%
	151,789	Spark New Zealand Ltd.		378,262		0.3
		Pakistan: 0.2%
	207,900	Oil & Gas Development Co. Ltd.		191,272		0.2
		Philippines: 0.1%
	3,075	Globe Telecom, Inc.		127,926		0.1
		Singapore: 3.9%
	346,300	CapitaLand Ltd.		812,586		0.7

Voya Asia Pacific High Dividend Equity Income Fund PORTFOLIO OF INVESTMENTS
as of May 31, 2019 (Unaudited) (Continued)

Shares				Value		Percentage of Net Assets
COMMON STOCK: (continued)
			Singapore: (continued)
	305,900		CapitaLand Mall Trust	$	537,060		0.5
	416,900		ComfortDelgro Corp., Ltd.		747,078		0.6
	1,113,000		Genting Singapore Ltd.		703,976		0.6
	21,600		Jardine Cycle & Carriage Ltd.		532,119		0.5
	45,400		Venture Corp. Ltd.		498,360		0.4
	649,300		Yangzijiang Shipbuilding Holdings Ltd.		648,026		0.6
					4,479,205		3.9
			South Korea: 9.3%
	50,404		BNK Financial Group, Inc.		292,127		0.3
	12,125		Cheil Worldwide, Inc.		268,788		0.2
	5,998		Daelim Industrial Co., Ltd.		521,557		0.5
	65,975		DGB Financial Group, Inc.		447,502		0.4
	11,019		DB Insurance Co. Ltd		569,039		0.5
	12,418		Doosan Bobcat, Inc.		351,386		0.3
	12,669		GS Engineering & Construction Corp.		426,251		0.4
	7,174		GS Holdings Corp.		301,607		0.3
	26,829		Hana Financial Group, Inc.		817,231		0.7
	4,782		HDC Hyundai Development Co-Engineering & Construction		171,978		0.1
	9,557		Hyundai Marine & Fire Insurance Co., Ltd.		246,944		0.2
	8,783	(2)	Orange Life Insurance Ltd.		267,940		0.2
	19,360		Kia Motors Corp.		639,529		0.6
	28,273		KT Corp.		664,686		0.6
	4,596		LG Electronics, Inc.		302,889		0.3
	4,614		Samsung Electro-Mechanics Co. Ltd.		366,966		0.3
	3,574		Samsung Fire & Marine Insurance Co. Ltd.		813,296		0.7
	651		Samsung SDS Co. Ltd.		113,143		0.1
	25,208		Shinhan Financial Group Co., Ltd.		937,625		0.8
	1,497		SK Holdings Co. Ltd.		290,386		0.3
	13,553		SK Hynix, Inc.		740,964		0.6
	1,117		SK Telecom Co., Ltd.		234,650		0.2
	72,664		Woori Financial Group, Inc.		848,669		0.7
					10,635,153		9.3
			Taiwan: 10.0%
	28,000		Chailease Holding Co. Ltd.		103,183		0.1
	172,000		Chicony Electronics Co. Ltd.		407,872		0.3
	782,000		China Airlines Ltd.		240,942		0.2
	187,000		China Life Insurance Co., Ltd.		144,469		0.1
	1,064,000		Eva Airways Corp.		506,376		0.4
	160,000		Foxconn Technology Co., Ltd.		311,416		0.3
	68,000		Globalwafers Co. Ltd.		656,609		0.6

Shares				Value		Percentage of Net Assets
COMMON STOCK: (continued)
			Taiwan: (continued)
	565,000		Lite-On Technology Corp.	$	806,430		0.7
	56,000		Novatek Microelectronics Corp., Ltd.		297,974		0.3
	83,000		Phison Electronics Corp.		750,941		0.7
	237,000		Pou Chen Corp.		269,009		0.2
	322,000		Powertech Technology, Inc.		757,002		0.7
	67,000		President Chain Store Corp.		638,873		0.6
	66,000		Realtek Semiconductor Corp.		417,333		0.4
	352,000		Taiwan Business Bank		144,052		0.1
	180,000		Taiwan Cooperative Financial Holding Co. Ltd.		116,935		0.1
	363,627		Taiwan Semiconductor Manufacturing Co., Ltd.		2,687,330		2.3
	421,000		Uni-President Enterprises Corp.		1,082,007		0.9
	21,000		Walsin Technology Corp.		105,416		0.1
	39,000		Yageo Corp.		321,235		0.3
	221,000		Zhen Ding Technology Holding Ltd.		649,148		0.6
					11,414,552		10.0
			Thailand: 1.3%
	75,000		Bangkok Bank PCL - Foreign Reg		466,139		0.4
	423,300		Home Product Center PCL		225,999		0.2
	1,111,900		Krung Thai Bank PCL		671,264		0.6
	77,200		PTT PCL		112,631		0.1
					1,476,033		1.3
		Total Common Stock
		(Cost $116,661,579)			108,128,270		94.7
EXCHANGE-TRADED FUNDS: 0.9%
	14,792		iShares MSCI All Country Asia ex Japan Index Fund		973,757		0.9
		Total Exchange-Traded Funds
		(Cost $978,316)			973,757		0.9
PREFERRED STOCK: 2.7%
			South Korea: 2.7%
	107,224		Samsung Electronics Co., Ltd.		3,124,407		2.7
		Total Preferred Stock
		(Cost $2,750,303)			3,124,407		2.7
		Total Long-Term Investments
		(Cost $120,390,198)			112,226,434		98.3

Voya Asia Pacific High Dividend Equity Income Fund PORTFOLIO OF INVESTMENTS
as of May 31, 2019 (Unaudited) (Continued)

Shares				Value			Percentage of Net Assets
SHORT-TERM INVESTMENTS: 2.5%
			Mutual Funds: 2.5%
	2,821,144	(3)	BlackRock Liquidity Funds, FedFund, Institutional Class, 2.300%
			(Cost $2,821,144)	$	2,821,144			2.5
		Total Short-Term Investments
		(Cost $2,821,144)			2,821,144			2.5
		Total Investments in Securities (Cost $123,211,342)		$	115,047,578			100.8
		Liabilities in Excess of Other Assets			(904,662	)		(0.8	)
		Net Assets		$	114,142,916			100.0

ADR	American Depositary Receipt
(1)	Non-income producing security.
(2)	Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers.
(3)	Rate shown is the 7-day yield as of May 31, 2019.

Sector Diversification	Percentage of Net Assets
Financials		25.2	%
Information Technology		17.3
Consumer Discretionary		9.7
Communication Services		8.1
Industrials		7.7
Real Estate		7.1
Materials		6.4
Energy		5.3
Consumer Staples		4.6
Health Care		3.2
Utilities		2.8
Exchange-Traded Funds		0.9
Short-Term Investments		2.5
Liabilities in Excess of Other Assets		(0.8	)
Net Assets		100.0	%

Fair Value Measurements

The following is a summary of the fair valuations according to the inputs used as of May 31, 2019 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 May 31, 2019
Asset Table
Investments, at fair value
Common Stock
Australia	$	–	$	19,473,248	$	–	$	19,473,248
China		4,040,205		29,564,946		–		33,605,151
Hong Kong		783,581		8,362,870		–		9,146,451
India		1,103,831		8,382,688		–		9,486,519
Indonesia		–		2,834,645		–		2,834,645
Macau		–		732,349		–		732,349
Malaysia		751,410		3,396,094		–		4,147,504
New Zealand		–		378,262		–		378,262
Pakistan		–		191,272		–		191,272

Voya Asia Pacific High Dividend Equity Income Fund PORTFOLIO OF INVESTMENTS
as of May 31, 2019 (Unaudited) (Continued)

	Quoted Prices in Active Markets for Identical Investments (Level 1)		Significant Other Observable Inputs# (Level 2)			Significant Unobservable Inputs (Level 3)		Fair Value at May 31, 2019
Philippines	$	127,926	$	–		$	–	$	127,926
Singapore		–		4,479,205			–		4,479,205
South Korea		1,651,123		8,984,030			–		10,635,153
Taiwan		–		11,414,552			–		11,414,552
Thailand		–		1,476,033			–		1,476,033
Total Common Stock		8,458,076		99,670,194			–		108,128,270
Exchange-Traded Funds		973,757		–			–		973,757
Preferred Stock		–		3,124,407			–		3,124,407
Short-Term Investments		2,821,144		–			–		2,821,144
Total Investments, at fair value	$	12,252,977	$	102,794,601		$	–	$	115,047,578
Liabilities Table
Other Financial Instruments+
Forward Foreign Currency Contracts	$	–	$	(393	)	$	–	$	(393	)
Written Options		–		(160,557	)		–		(160,557	)
Total Liabilities	$	–	$	(160,950	)	$	–	$	(160,950	)

+

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 valued at the unrealized gain (loss) on the instrument.  OTC swaps and written options are valued at the fair value of the instrument.

#

The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a portion of the Fund's investments are categorized as Level 2 investments.

At May 31, 2019, the following forward foreign currency contracts were outstanding for Voya Asia Pacific High Dividend Equity Income Fund:

Currency Purchased	Currency Sold	Counterparty	Settlement Date	Unrealized Appreciation (Depreciation)
USD 23,805	HKD 187,000	The Bank of New York Mellon	06/03/19	$	(49	)
USD 35,661	HKD 280,140	The Bank of New York Mellon	06/03/19		(73	)
USD 27,311	HKD 214,500	The Bank of New York Mellon	06/04/19		(51	)
USD 11,265	HKD 88,480	The Bank of New York Mellon	06/04/19		(21	)
USD 32,798	HKD 257,600	The Bank of New York Mellon	06/04/19		(61	)
USD 11,268	HKD 88,500	The Bank of New York Mellon	06/04/19		(21	)
USD 24,786	HKD 194,675	The Bank of New York Mellon	06/04/19		(46	)
USD 11,588	HKD 90,915	The Bank of New York Mellon	06/05/19		(13	)
USD 12,600	IDR 180,591,136	The Bank of New York Mellon	06/10/19		(58	)
				$	(393	)

At May 31, 2019, the following OTC written equity options were outstanding for Voya Asia Pacific High Dividend Equity Income Fund:

Description	Counterparty	Put/Call	Expiration Date	Exercise Price		Number of Contracts		Notional Amount		Premiums Received		Fair Value
Hang Seng Index	Morgan Stanley Capital Services LLC	Call	06/13/19	HKD	28,311.070		3,850	HKD	103,569,197	$	241,672	$	(12,742	)
Korea Stock Exchange KOSPI 200 Index	Societe Generale	Call	06/13/19	KRW	271.700		17,151,270	KRW	4,526,048,640		76,624		(10,299	)
S&P/ASX 200 Index	Morgan Stanley Capital Services LLC	Call	06/13/19	AUD	6,295.329		1,398	AUD	8,942,800		82,569		(127,298	)

Voya Asia Pacific High Dividend Equity Income Fund PORTFOLIO OF INVESTMENTS
as of May 31, 2019 (Unaudited) (Continued)

Description	Counterparty		Expiration Date	Exercise Price		Number of Contracts				Premiums Received		Fair Value
Taiwan Stock Exchange Weighted Index	Societe Generale	Call	06/13/19	TWD	10,734.890		17,140	TWD	179,944,119	$	111,183	$	(10,218	)
										$	512,048	$	(160,557	)

Currency Abbreviations
AUD	-	Australian Dollar
HKD	-	Hong Kong Sar Dollar
IDR	-	Indonesian Rupiah
KRW	-	South Korean Won
TWD	-	Taiwan New Dollar
USD	-	United States Dollar

At May 31, 2019, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments at period end were:

Cost for federal income tax purposes was $122,952,883.

Net unrealized depreciation consisted of:

Gross Unrealized Appreciation	$	2,572,600
Gross Unrealized Depreciation		(10,387,034	)
Net Unrealized Depreciation	$	(7,814,434	)