0001392116
2024-07-31
2024-07-31
0001392116
vspt:S000017462Member
2024-07-31
2024-07-31
iso4217:USD
pure
false
2025-05-30
497
0001392116
N-1A
2024-03-31
<div class="p0 ft0" style="text-align:left;padding-left:173px;margin-top:0px;margin-bottom:0px;font:bold 15px 'times new roman';line-height:17px;">VOYA SEPARATE PORTFOLIOS TRUST</div><div class="p1 ft1" style="text-align:left;padding-left:205px;margin-top:0px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">Voya Investment Grade Credit Fund</div><div class="p2 ft1" style="text-align:left;padding-left:275px;margin-top:3px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">(the “Fund”)</div><div class="p3 ft1" style="text-align:left;padding-left:216px;margin-top:14px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">Supplement dated May 30, 2025</div><div class="p4 ft1" style="text-align:left;padding-left:130px;margin-top:0px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">to the Funds’ Class A, Class I, Class R6, and Class W Shares’</div><div class="p5 ft1" style="text-align:left;padding-left:75px;margin-top:0px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">Summary Prospectus and Prospectus, each dated July 31, 2024, as supplemented</div><div class="p6 ft1" style="text-align:left;padding-left:224px;margin-top:2px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">(together, the “Prospectuses”)</div><div class="p7 ft0" style="text-align:left;padding-left:51px;margin-top:17px;margin-bottom:0px;font:bold 15px 'times new roman';line-height:17px;">IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY</div><div class="p8 ft1" style="text-align:left;padding-right:100px;margin-top:18px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">In accordance with recent changes to regulatory disclosure requirements regarding investment company names, the Fund’s policy to invest in accordance with the investment focus that the Fund’s name suggests (the “80% Investment Policy”) is changed effective July 31, 2025 (the “Effective Date”), as set forth below.</div><table cellpadding="0" cellspacing="0" class="t0" style="width:624px;margin-top:12px;font:15px 'times new roman'">
<tr>
<td class="tr0 td0" style="height:16.5pt;border-left:#000000 1px solid;border-right:#000000 1px solid;border-top:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;background:#e7e6e6;">
<div class="p9 ft0" style="text-align:left;padding-left:56px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:bold 15px 'times new roman';line-height:17px;">Current 80% Investment Policy</div>
</td>
<td class="tr0 td1" style="height:16.5pt;border-right:#000000 1px solid;border-top:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;background:#e7e6e6;">
<div class="p10 ft0" style="text-align:left;padding-left:39px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:bold 15px 'times new roman';line-height:17px;">New 80% Investment Policy as of the</div>
</td>
</tr>
<tr>
<td class="tr1 td2" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;border-bottom:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;background:#e7e6e6;">
<div class="p11 ft2" style="text-align:left;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:1px 'times new roman';line-height:1px;"> </div>
</td>
<td class="tr1 td3" style="height:12.75pt;border-right:#000000 1px solid;border-bottom:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;background:#e7e6e6;">
<div class="p12 ft0" style="text-align:left;padding-left:111px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:bold 15px 'times new roman';line-height:17px;">Effective Date</div>
</td>
</tr>
<tr>
<td class="tr2 td4" style="height:12pt;border-left:#000000 1px solid;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p13 ft3" style="text-align:left;padding-left:8px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:16px;">Under normal market conditions, the Fund invests</div>
</td>
<td class="tr2 td5" style="height:12pt;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft3" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:16px;">Under normal circumstances, the Fund invests at</div>
</td>
</tr>
<tr>
<td class="tr1 td4" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p13 ft1" style="text-align:left;padding-left:8px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">at least 80% of its net assets (plus borrowings for</div>
</td>
<td class="tr1 td5" style="height:12.75pt;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft1" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">least 80% of its net assets (plus the amount of any</div>
</td>
</tr>
<tr>
<td class="tr1 td4" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p13 ft1" style="text-align:left;padding-left:8px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">investment purposes) in investment-grade fixed-</div>
</td>
<td class="tr1 td5" style="height:12.75pt;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft1" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">borrowings for investment purposes) in</div>
</td>
</tr>
<tr>
<td class="tr1 td4" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p13 ft1" style="text-align:left;padding-left:8px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">income securities.</div>
</td>
<td class="tr1 td5" style="height:12.75pt;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft1" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">investments with an investment grade credit</div>
</td>
</tr>
<tr>
<td class="tr1 td6" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;border-bottom:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p11 ft2" style="text-align:left;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:1px 'times new roman';line-height:1px;"> </div>
</td>
<td class="tr1 td7" style="height:12.75pt;border-right:#000000 1px solid;border-bottom:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft1" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">rating.</div>
</td>
</tr>
</table><div class="p15 ft1" style="text-align:left;padding-right:102px;margin-top:15px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">For purposes of the New 80% Investment Policy, an investment with an investment grade credit rating means an instrument that is rated investment grade by one or more nationally recognized statistical rating organizations (“NRSROs”) (<span class="ft4" style="font:italic 15px 'times new roman';line-height:17px">e.g.</span>, rated Baa3 or above by Moody’s Ratings (“Moody’s”), or BBB- or above by S&P Global Ratings (“S&P”) or Fitch Ratings, Inc. (“Fitch”)) or, if unrated, is determined by the Fund to be of comparable quality.</div>
<div class="p0 ft0" style="text-align:left;padding-left:173px;margin-top:0px;margin-bottom:0px;font:bold 15px 'times new roman';line-height:17px;">VOYA SEPARATE PORTFOLIOS TRUST</div><div class="p1 ft1" style="text-align:left;padding-left:205px;margin-top:0px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">Voya Investment Grade Credit Fund</div><div class="p2 ft1" style="text-align:left;padding-left:275px;margin-top:3px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">(the “Fund”)</div><div class="p3 ft1" style="text-align:left;padding-left:216px;margin-top:14px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">Supplement dated May 30, 2025</div><div class="p4 ft1" style="text-align:left;padding-left:130px;margin-top:0px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">to the Funds’ Class A, Class I, Class R6, and Class W Shares’</div><div class="p5 ft1" style="text-align:left;padding-left:75px;margin-top:0px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">Summary Prospectus and Prospectus, each dated July 31, 2024, as supplemented</div><div class="p6 ft1" style="text-align:left;padding-left:224px;margin-top:2px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">(together, the “Prospectuses”)</div><div class="p7 ft0" style="text-align:left;padding-left:51px;margin-top:17px;margin-bottom:0px;font:bold 15px 'times new roman';line-height:17px;">IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY</div><div class="p8 ft1" style="text-align:left;padding-right:100px;margin-top:18px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">In accordance with recent changes to regulatory disclosure requirements regarding investment company names, the Fund’s policy to invest in accordance with the investment focus that the Fund’s name suggests (the “80% Investment Policy”) is changed effective July 31, 2025 (the “Effective Date”), as set forth below.</div><table cellpadding="0" cellspacing="0" class="t0" style="width:624px;margin-top:12px;font:15px 'times new roman'">
<tr>
<td class="tr0 td0" style="height:16.5pt;border-left:#000000 1px solid;border-right:#000000 1px solid;border-top:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;background:#e7e6e6;">
<div class="p9 ft0" style="text-align:left;padding-left:56px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:bold 15px 'times new roman';line-height:17px;">Current 80% Investment Policy</div>
</td>
<td class="tr0 td1" style="height:16.5pt;border-right:#000000 1px solid;border-top:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;background:#e7e6e6;">
<div class="p10 ft0" style="text-align:left;padding-left:39px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:bold 15px 'times new roman';line-height:17px;">New 80% Investment Policy as of the</div>
</td>
</tr>
<tr>
<td class="tr1 td2" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;border-bottom:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;background:#e7e6e6;">
<div class="p11 ft2" style="text-align:left;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:1px 'times new roman';line-height:1px;"> </div>
</td>
<td class="tr1 td3" style="height:12.75pt;border-right:#000000 1px solid;border-bottom:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;background:#e7e6e6;">
<div class="p12 ft0" style="text-align:left;padding-left:111px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:bold 15px 'times new roman';line-height:17px;">Effective Date</div>
</td>
</tr>
<tr>
<td class="tr2 td4" style="height:12pt;border-left:#000000 1px solid;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p13 ft3" style="text-align:left;padding-left:8px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:16px;">Under normal market conditions, the Fund invests</div>
</td>
<td class="tr2 td5" style="height:12pt;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft3" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:16px;">Under normal circumstances, the Fund invests at</div>
</td>
</tr>
<tr>
<td class="tr1 td4" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p13 ft1" style="text-align:left;padding-left:8px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">at least 80% of its net assets (plus borrowings for</div>
</td>
<td class="tr1 td5" style="height:12.75pt;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft1" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">least 80% of its net assets (plus the amount of any</div>
</td>
</tr>
<tr>
<td class="tr1 td4" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p13 ft1" style="text-align:left;padding-left:8px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">investment purposes) in investment-grade fixed-</div>
</td>
<td class="tr1 td5" style="height:12.75pt;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft1" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">borrowings for investment purposes) in</div>
</td>
</tr>
<tr>
<td class="tr1 td4" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p13 ft1" style="text-align:left;padding-left:8px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">income securities.</div>
</td>
<td class="tr1 td5" style="height:12.75pt;border-right:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft1" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">investments with an investment grade credit</div>
</td>
</tr>
<tr>
<td class="tr1 td6" style="height:12.75pt;border-left:#000000 1px solid;border-right:#000000 1px solid;border-bottom:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p11 ft2" style="text-align:left;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:1px 'times new roman';line-height:1px;"> </div>
</td>
<td class="tr1 td7" style="height:12.75pt;border-right:#000000 1px solid;border-bottom:#000000 1px solid;padding:0pt;margin:0pt;width:233.25pt;vertical-align:bottom;">
<div class="p14 ft1" style="text-align:left;padding-left:6px;margin-top:0px;margin-bottom:0px;white-space:nowrap;font:15px 'times new roman';line-height:17px;">rating.</div>
</td>
</tr>
</table><div class="p15 ft1" style="text-align:left;padding-right:102px;margin-top:15px;margin-bottom:0px;font:15px 'times new roman';line-height:17px;">For purposes of the New 80% Investment Policy, an investment with an investment grade credit rating means an instrument that is rated investment grade by one or more nationally recognized statistical rating organizations (“NRSROs”) (<span class="ft4" style="font:italic 15px 'times new roman';line-height:17px">e.g.</span>, rated Baa3 or above by Moody’s Ratings (“Moody’s”), or BBB- or above by S&P Global Ratings (“S&P”) or Fitch Ratings, Inc. (“Fitch”)) or, if unrated, is determined by the Fund to be of comparable quality.</div>
VOYA SEPARATE PORTFOLIOS TRUST
2025-05-30
2024-07-31