| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) |
| Principal Amount† |
Borrower/Tranche Description |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: 137.4% | |||||
| Aerospace & Defense: 3.1% | |||||
| 1,055,000 | AI Convoy (Luxembourg) S.A.R.L USD Term Loan B, 4.650%, (US0006M + 3.500%), 01/17/27 | $ 1,010,162 | 0.2 | ||
| 1,295,000 | Amentum Government Services Holdings LLC Term Loan B, 4.174%, (US0001M + 4.000%), 02/01/27 | 1,262,625 | 0.2 | ||
| 6,311,455 | American Airlines, Inc. 2018 Term Loan B, 1.924%, (US0001M + 1.750%), 06/27/25 | 4,183,308 | 0.6 | ||
| 430,000 | Delta Air Lines, Inc. 2020 Term Loan B, 5.750%, (US0003M + 4.750%), 04/29/23 | 425,109 | 0.1 | ||
| 2,650,000 | KBR, Inc. 2020 Term Loan B, 2.924%, (US0001M + 2.750%), 02/05/27 | 2,610,250 | 0.4 | ||
| 4,559,791 | Maxar Technologies Ltd. Term Loan B, 2.930%, (US0001M + 2.750%), 10/04/24 | 4,383,099 | 0.6 | ||
| 2,909,375 | Science Applications International Corporation 2020 Incremental Term Loan B, 2.424%, (US0001M + 2.250%), 03/12/27 | 2,846,337 | 0.4 | ||
| 4,393,167 | TransDigm, Inc. 2020 Term Loan E, 2.424%, (US0001M + 2.250%), 05/30/25 | 4,039,882 | 0.6 | ||
| 20,760,772 | 3.1 | ||||
| Auto Components: 0.6% | |||||
| 4,062,685 | Broadstreet Partners, Inc. 2020 Term Loan B, 3.424%, (US0001M + 3.250%), 01/27/27 | 3,910,334 | 0.6 | ||
| Automotive: 4.8% | |||||
| 3,594,435 | American Axle and Manufacturing, Inc. Term Loan B, 3.000%, (US0001M + 2.250%), 04/06/24 | 3,462,638 | 0.5 | ||
| 1,083,188 | Autokiniton US Holdings, Inc. Term Loan, 5.924%, (US0001M + 5.750%), 05/22/25 | 923,418 | 0.1 | ||
| 784,853 | Belron Finance US LLC 2018 Term Loan B, 2.934%, (US0003M + 2.500%), 11/13/25 | 763,270 | 0.1 | ||
| 272,045 | Belron Finance US LLC 2019 USD Term Loan B, 3.260%, (US0003M + 2.500%), 10/30/26 | 265,244 | 0.0 | ||
| 5,130,875 | Belron Finance US LLC USD Term Loan B, 2.974%, (US0003M + 2.500%), 11/07/24 | 5,002,603 | 0.7 | ||
| 1,300,988 | Bright Bidco B.V. 2018 Term Loan B, 4.573%, (US0003M + 3.500%), 06/30/24 | 419,790 | 0.1 | ||
| 588,525 | Dealer Tire, LLC 2020 Term Loan B, 4.424%, (US0001M + 4.250%), 12/12/25 | 549,535 | 0.1 | ||
| EUR 1,164,150 | Gates Global LLC 2017 EUR Repriced Term Loan B, 3.000%, (EUR003M + 3.000%), 04/01/24 | 1,233,575 | 0.2 | ||
| 5,148,997 | Gates Global LLC 2017 USD Repriced Term Loan B, 3.750%, (US0001M + 2.750%), 04/01/24 | 4,946,899 | 0.7 | ||
| 1,259,063 | Holley Purchaser, Inc. Term Loan B, 5.760%, (US0003M + 5.000%), 10/24/25 | 1,004,102 | 0.2 | ||
| 610,000 | Innovative Xcessories & Services LLC 2020 Term Loan B, 6.298%, (US0003M + 5.000%), 03/05/27 | 555,100 | 0.1 | ||
| 5,472,195 | KAR Auction Services, Inc. 2019 Term Loan B6, 2.438%, (US0001M + 2.250%), 09/19/26 | 5,273,828 | 0.8 | ||
| 5,452,600 | Panther BF Aggregator 2 LP USD Term Loan B, 3.674%, (US0001M + 3.500%), 04/30/26 | 5,195,875 | 0.8 | ||
| 2,797 | Truck Hero, Inc. 1st Lien Term Loan, 3.924%, (US0001M + 3.750%), 04/22/24 | 2,464 | 0.0 | ||
| 2,995,000 | Wand NewCo 3, Inc. 2020 Term Loan, 4.072%, (US0006M + 3.000%), 02/05/26 | 2,878,944 | 0.4 | ||
| 32,477,285 | 4.8 | ||||
| Basic Materials: 0.2% | |||||
| 1,215,546 | HB Fuller - TL B 1L, 2.171%, (US0001M + 2.000%), 10/20/24 | 1,185,347 | 0.2 | ||
| Beverage & Tobacco: 0.5% | |||||
| 3,352,884 | Sunshine Investments B.V. USD Term Loan B3, 3.674%, (US0003M + 3.250%), 03/28/25 | 3,269,061 | 0.5 | ||
| Brokers, Dealers & Investment Houses: 0.9% | |||||
| 5,964,685 | Brookfield Property REIT Inc. 1st Lien Term Loan B, 2.674%, (US0001M + 2.500%), 08/27/25 | 4,572,927 | 0.7 | ||
| 1,930,563 | Forest City Enterprises, L.P. 2019 Term Loan B, 3.674%, (US0001M + 3.500%), 12/08/25 | 1,822,370 | 0.2 | ||
| 6,395,297 | 0.9 | ||||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Building & Development: 3.9% | |||||
| 1,278,791 | Advanced Drainage Systems Inc Term Loan B, 2.625%, (US0001M + 2.250%), 07/31/26 | $ 1,254,814 | 0.2 | ||
| 4,293,200 | Core & Main LP 2017 Term Loan B, 3.978%, (US0006M + 2.750%), 08/01/24 | 4,142,938 | 0.6 | ||
| 4,282,141 | GYP Holdings III Corp. 2018 Term Loan B, 2.924%, (US0001M + 2.750%), 06/01/25 | 4,110,855 | 0.6 | ||
| 1,862,438 | Henry Company LLC Term Loan B, 5.000%, (US0001M + 4.000%), 10/05/23 | 1,792,596 | 0.3 | ||
| 1,605,035 | Interior Logic Group Holdings IV LLC 2018 Term Loan B, 4.174%, (US0001M + 4.000%), 05/30/25 | 1,448,544 | 0.2 | ||
| EUR 1,000,000 | LSF10 Edilians Investments S.a r.l. EUR Term Loan B2, 4.250%, (EUR003M + 4.250%), 10/10/25 | 1,011,996 | 0.1 | ||
| EUR 1,599,655 | LSF10 XL Bidco S.C.A. EUR Term Loan B3, 4.000%, (EUR003M + 4.000%), 10/12/26 | 1,580,371 | 0.2 | ||
| 2,694,031 | MX Holdings US, Inc. Term Loan B1B, 3.500%, (US0001M + 2.750%), 07/31/25 | 2,653,620 | 0.4 | ||
| 4,299,285 | Quikrete Holdings Inc Term Loan, 2.674%, (US0001M + 2.500%), 02/01/27 | 4,104,742 | 0.6 | ||
| 1,990,833 | Werner FinCo LP 2017 Term Loan, 5.000%, (US0001M + 4.000%), 07/24/24 | 1,881,337 | 0.3 | ||
| 2,470,000 | Zekelman Industries, Inc. 2020 Term Loan, 2.423%, (US0001M + 2.250%), 01/24/27 | 2,402,075 | 0.4 | ||
| 26,383,888 | 3.9 | ||||
| Business Equipment & Services: 12.4% | |||||
| 1,378,756 | 24-7 Intouch Inc 2018 Term Loan, 4.924%, (US0001M + 4.750%), 08/25/25 | 1,275,349 | 0.2 | ||
| 6,508,749 | AlixPartners, LLP 2017 Term Loan B, 3.500%, (US0001M + 2.500%), 04/04/24 | 6,341,962 | 0.9 | ||
| 1,857,375 | Ascend Learning, LLC 2017 Term Loan B, 4.000%, (US0001M + 3.000%), 07/12/24 | 1,783,080 | 0.3 | ||
| 1,252,212 | Big Ass Fans, LLC 2018 Term Loan, 5.200%, (US0003M + 3.750%), 05/21/24 | 1,033,075 | 0.2 | ||
| 2,415,000 | Castle US Holding Corporation USD Term Loan B, 5.200%, (US0001M + 3.750%), 01/29/27 | 2,248,969 | 0.3 | ||
| 1,265,539 | Convergint Technologies LLC 2018 1st Lien Term Loan, 3.750%, (US0001M + 3.000%), 02/03/25 | 1,191,188 | 0.2 | ||
| 4,137,167 | EIG Investors Corp. 2018 1st Lien Term Loan, 4.750%, (US0003M + 3.750%), 02/09/23 | 4,047,527 | 0.6 | ||
| 2,144,191 | Ellie Mae, Inc. Term Loan, 5.200%, (US0003M + 3.750%), 04/17/26 | 2,063,784 | 0.3 | ||
| 2,612,392 | EVO Payments International LLC 2018 1st Lien Term Loan, 3.420%, (US0001M + 3.250%), 12/22/23 | 2,522,591 | 0.4 | ||
| 473,460 | Flexential Intermediate Corporation 2nd Lien Term Loan, 8.713%, (US0003M + 7.250%), 08/01/25 | 213,057 | 0.0 | ||
| 2,262,388 | GreenSky Holdings, LLC 2018 Term Loan B, 3.438%, (US0001M + 3.250%), 03/31/25 | 2,171,893 | 0.3 | ||
| EUR 1,249,635 | ION Trading Technologies S.a.r.l. EUR Incremental Term Loan B, 4.250%, (EUR003M + 3.250%), 11/21/24 | 1,309,997 | 0.2 | ||
| 1,011,842 | ION Trading Technologies S.a.r.l. USD Incremental Term Loan B, 5.072%, (US0003M + 4.000%), 11/21/24 | 962,093 | 0.2 | ||
| 1,976,440 | IQOR US Inc. 2nd Lien Term Loan, 9.094%, (US0003M + 8.750%), 04/01/22 | 372,229 | 0.1 | ||
| 2,954,042 | IQOR US Inc. Term Loan B, 5.344%, (US0003M + 5.000%), 04/01/21 | 1,587,798 | 0.2 | ||
| 1,896,675 | KUEHG Corp. 2018 Incremental Term Loan, 5.200%, (US0003M + 3.750%), 02/21/25 | 1,639,833 | 0.2 | ||
| 1,250,000 | Learning Care Group, Inc. 2018 2nd Lien Term Loan, 8.500%, (US0003M + 7.500%), 03/13/26 | 781,250 | 0.1 | ||
| 1,050,000 | Misys (Finastra) USD 2nd Lien Term Loan, 8.250%, (US0006M + 7.250%), 06/13/25 | 930,300 | 0.1 | ||
| 1,032,680 | NeuStar, Inc. 2018 Term Loan B4, 4.573%, (US0003M + 3.500%), 08/08/24 | 900,368 | 0.1 | ||
| 2,500,000 | Nielsen Finance LLC USD Term Loan B4, 2.222%, (US0001M + 2.000%), 10/04/23 | 2,442,500 | 0.4 | ||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Business Equipment & Services: (continued) | |||||
| 2,483,689 | PI US MergerCo, Inc. USD 2017 1st Lien Term Loan, 4.700%, (US0003M + 3.250%), 01/03/25 | $ 2,322,249 | 0.4 | ||
| 4,201,642 | Pre-Paid Legal Services, Inc. 2018 1st Lien Term Loan, 3.424%, (US0001M + 3.250%), 05/01/25 | 4,023,072 | 0.6 | ||
| 1,475,000 | Presidio, Inc. 2020 Term Loan B, 4.270%, (US0003M + 3.500%), 01/22/27 | 1,441,812 | 0.2 | ||
| 6,251,052 | Red Ventures, LLC 2020 Term Loan B, 2.674%, (US0001M + 2.500%), 11/08/24 | 5,979,519 | 0.9 | ||
| 250,000 | Renaissance Holding Corp. 2018 2nd Lien Term Loan, 7.760%, (US0003M + 7.000%), 05/29/26 | 233,750 | 0.0 | ||
| 1,395,150 | Renaissance Learning, Inc. 2018 Add On Term Loan, 4.010%, (US0003M + 3.250%), 05/30/25 | 1,326,555 | 0.2 | ||
| 1,676,413 | Research Now Group, Inc. 2017 1st Lien Term Loan, 6.500%, (US0003M + 5.500%), 12/20/24 | 1,550,682 | 0.2 | ||
| 845,000 | Rockwood Service Corporation 2020 Term Loan, 5.700%, (US0003M + 4.250%), 01/23/27 | 789,547 | 0.1 | ||
| 4,409,566 | Solera Holdings, Inc. USD Term Loan B, 2.924%, (US0001M + 2.750%), 03/03/23 | 4,252,475 | 0.6 | ||
| 4,665,431 | Staples, Inc. 7 Year Term Loan, 5.687%, (US0003M + 5.000%), 04/16/26 | 4,175,561 | 0.6 | ||
| 520,000 | STG-Fairway Holdings, LLC Term Loan B, 4.572%, (US0003M + 3.500%), 01/31/27 | 477,100 | 0.1 | ||
| 1,415,773 | SurveyMonkey Inc. 2018 Term Loan B, 3.850%, (US0001W + 3.750%), 10/10/25 | 1,380,379 | 0.2 | ||
| EUR 875,000 | Techem Verwaltungsgesellschaft 675 mbH EUR Term Loan B4, 2.875%, (EUR002M + 2.875%), 07/15/25 | 949,137 | 0.1 | ||
| 4,412,132 | Verifone Systems, Inc. 2018 1st Lien Term Loan, 4.377%, (US0003M + 4.000%), 08/20/25 | 3,636,333 | 0.5 | ||
| EUR 2,255,000 | Verisure Holding AB EUR Term Loan B1E, 3.000%, (EUR006M + 3.000%), 10/20/22 | 2,436,412 | 0.4 | ||
| 2,982,042 | Verra Mobility Corporation 2020 Term Loan B, 3.424%, (US0001M + 3.250%), 02/28/25 | 2,862,760 | 0.4 | ||
| 3,245,528 | Verscend Holding Corp. 2018 Term Loan B, 4.674%, (US0001M + 4.500%), 08/27/25 | 3,142,077 | 0.5 | ||
| 2,575,000 | VS Buyer, LLC Term Loan B, 3.420%, (US0001M + 3.250%), 02/28/27 | 2,517,062 | 0.4 | ||
| 1,027,063 | West Corporation 2017 Term Loan, 5.450%, (US0003M + 4.000%), 10/10/24 | 840,137 | 0.1 | ||
| 1,832,363 | West Corporation 2018 Term Loan B1, 4.950%, (US0003M + 3.500%), 10/10/24 | 1,482,687 | 0.2 | ||
| 2,218,250 | Yak Access, LLC 2018 1st Lien Term Loan B, 6.450%, (US0003M + 5.000%), 07/11/25 | 1,863,330 | 0.3 | ||
| 525,000 | Yak Access, LLC 2018 2nd Lien Term Loan B, 11.204%, (US0003M + 10.000%), 07/10/26 | 349,125 | 0.1 | ||
| 83,850,604 | 12.4 | ||||
| Cable & Satellite Television: 4.3% | |||||
| 7,692,308 | Charter Communications Operating, LLC 2019 Term Loan B2, 1.930%, (US0001M + 1.750%), 02/01/27 | 7,537,585 | 1.1 | ||
| 6,674,167 | CSC Holdings, LLC 2019 Term Loan B5, 2.684%, (US0001M + 2.500%), 04/15/27 | 6,468,382 | 1.0 | ||
| 4,110,188 | Radiate Holdco, LLC 1st Lien Term Loan, 3.750%, (US0001M + 3.000%), 02/01/24 | 4,008,974 | 0.6 | ||
| 3,867,825 | Telesat Canada Term Loan B5, 2.930%, (US0001M + 2.750%), 12/07/26 | 3,745,343 | 0.5 | ||
| 1,930,000 | UPC Broadband Holding B.V. 2020 USD Term Loan B, 2.434%, (US0001M + 2.250%), 04/30/28 | 1,864,862 | 0.3 | ||
| 3,124,231 | Virgin Media Bristol LLC USD Term Loan N, 2.684%, (US0001M + 2.500%), 01/31/28 | 3,030,938 | 0.4 | ||
| 2,829,993 | WideOpenWest Finance LLC 2017 Term Loan B, 4.250%, (US0001M + 3.250%), 08/18/23 | 2,736,691 | 0.4 | ||
| 29,392,775 | 4.3 | ||||
| Chemicals & Plastics: 4.0% | |||||
| 2,315,214 | Alpha 3 B.V. 2017 Term Loan B1, 4.450%, (US0003M + 3.000%), 01/31/24 | 2,238,522 | 0.3 | ||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Chemicals & Plastics: (continued) | |||||
| 865,650 | Ascend Performance Materials Operations LLC 2019 Term Loan B, 6.700%, (US0003M + 5.250%), 08/27/26 | $ 827,778 | 0.1 | ||
| 3,961,989 | Axalta Coating Systems US Holdings Inc. USD Term Loan B3, 3.200%, (US0003M + 1.750%), 06/01/24 | 3,873,906 | 0.6 | ||
| 2,063,250 | Composite Resins Holding B.V. 2018 Term Loan B, 5.475%, (US0006M + 4.250%), 08/01/25 | 2,006,510 | 0.3 | ||
| EUR 977,500 | Diamond (BC) B.V. EUR Term Loan, 3.250%, (EUR003M + 3.250%), 09/06/24 | 1,009,119 | 0.2 | ||
| 1,316,253 | Diamond (BC) B.V. USD Term Loan, 3.759%, (US0003M + 3.000%), 09/06/24 | 1,227,955 | 0.2 | ||
| 2,377,752 | Encapsys, LLC 2020 Term Loan B2, 4.250%, (US0001M + 3.250%), 11/07/24 | 2,281,156 | 0.3 | ||
| 1,663,938 | Polar US Borrower, LLC 2018 1st Lien Term Loan, 4.996%, (US0001M + 4.750%), 10/15/25 | 1,572,421 | 0.2 | ||
| EUR 1,000,000 | Specialty Chemicals Holding BV EUR Term Loan B, 4.500%, (EUR006M + 4.500%), 03/15/27 | 1,060,098 | 0.2 | ||
| 4,822,457 | Starfruit Finco B.V 2018 USD Term Loan B, 3.222%, (US0001M + 3.000%), 10/01/25 | 4,620,517 | 0.7 | ||
| 3,105,879 | Tronox Finance LLC Term Loan B, 3.452%, (US0001M + 2.750%), 09/23/24 | 2,988,632 | 0.4 | ||
| 3,000,000 | Univar Inc. 2017 USD Term Loan B, 3.700%, (US0003M + 2.250%), 07/01/24 | 2,928,000 | 0.4 | ||
| 563,588 | Univar Inc. 2019 USD Term Loan B5, 3.450%, (US0003M + 2.000%), 07/01/26 | 542,511 | 0.1 | ||
| 27,177,125 | 4.0 | ||||
| Clothing/Textiles: 0.2% | |||||
| 1,723,990 | Varsity Brands, Inc. 2017 Term Loan B, 4.500%, (US0001M + 3.500%), 12/15/24 | 1,398,156 | 0.2 | ||
| Consumer, Cyclical: 0.1% | |||||
| 2,099,938 | 24 Hour Fitness Worldwide, Inc. 2018 Term Loan B, 4.950%, (US0003M + 3.500%), 05/30/25 | 685,981 | 0.1 | ||
| Containers & Glass Products: 5.6% | |||||
| 1,445,500 | Albea Beauty Holdings S.A 2018 USD Term Loan B2, 4.000%, (US0001M + 3.000%), 04/22/24 | 1,300,950 | 0.2 | ||
| 6,077,640 | Berry Global, Inc. 2019 Term Loan Y, 2.222%, (US0001M + 2.000%), 07/01/26 | 5,955,455 | 0.9 | ||
| 3,570,010 | Bway Holding Company 2017 Term Loan B, 4.561%, (US0003M + 3.250%), 04/03/24 | 3,291,549 | 0.5 | ||
| 3,842,581 | Charter NEX US, Inc. Incremental Term Loan, 3.424%, (US0001M + 3.250%), 05/16/24 | 3,741,713 | 0.5 | ||
| 2,409,485 | Flex Acquisition Company, Inc. 1st Lien Term Loan, 4.433%, (US0003M + 3.000%), 12/29/23 | 2,326,659 | 0.3 | ||
| 5,538,438 | Flex Acquisition Company, Inc. 2018 Incremental Term Loan, 4.683%, (US0003M + 3.250%), 06/29/25 | 5,226,209 | 0.8 | ||
| 1,765,000 | Plastipak Packaging, Inc. 2018 Term Loan B, 2.680%, (US0001M + 2.500%), 10/14/24 | 1,716,462 | 0.2 | ||
| 460,000 | Proampac AC Borrower LLC Second Lien Term Loan, 9.500%, (US0003M + 8.500%), 11/18/24 | 396,750 | 0.1 | ||
| 4,210,000 | Reynolds Consumer Products LLC Term Loan, 1.924%, (US0001M + 1.750%), 02/04/27 | 4,138,080 | 0.6 | ||
| 6,448,949 | Reynolds Group Holdings Inc. USD 2017 Term Loan, 2.924%, (US0001M + 2.750%), 02/05/23 | 6,263,542 | 0.9 | ||
| 2,761,778 | Ring Container Technologies Group, LLC 1st Lien Term Loan, 2.924%, (US0001M + 2.750%), 10/31/24 | 2,658,212 | 0.4 | ||
| 1,180,620 | TricorBraun Hldgs Inc First Lien Term Loan, 5.200%, (US0003M + 3.750%), 11/30/23 | 1,114,210 | 0.2 | ||
| 38,129,791 | 5.6 | ||||
| Cosmetics/Toiletries: 0.4% | |||||
| 2,383,700 | Anastasia Parent, LLC 2018 Term Loan B, 5.200%, (US0003M + 3.750%), 08/11/25 | 834,047 | 0.1 | ||
| 2,436,470 | Wellness Merger Sub, Inc. 1st Lien Term Loan, 5.863%, (US0003M + 4.250%), 06/30/24 | 2,243,075 | 0.3 | ||
| 3,077,122 | 0.4 | ||||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† | Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Drugs: 0.5% | |||||
| 1,897,603 | Endo Luxembourg Finance Company I S.a r.l. 2017 Term Loan B, 5.000%, (US0001M + 4.250%), 04/29/24 | $ 1,784,932 | 0.3 | ||
| 1,639,859 | Horizon Therapeutics USA Inc Term Loan B, 2.563%, (US0001M + 2.250%), 05/22/26 | 1,607,062 | 0.2 | ||
| 3,391,994 | 0.5 | ||||
| Ecological Services & Equipment: 1.3% | |||||
| 5,668,483 | ADS Waste Holdings Inc. Term Loan, 3.000%, (US0001W + 2.250%), 11/10/23 | 5,630,930 | 0.9 | ||
| 2,936,684 | GFL Environmental Inc. 2018 USD Term Loan B, 4.000%, (US0003M + 3.000%), 05/30/25 | 2,904,694 | 0.4 | ||
| 8,535,624 | 1.3 | ||||
| Electronics/Electrical: 21.5% | |||||
| 2,144,283 | ASG Technologies Group, Inc. 2018 Term Loan, 4.500%, (US0001M + 3.500%), 07/31/24 | 1,886,969 | 0.3 | ||
| 1,138,847 | Barracuda Networks, Inc. 1st Lien Term Loan, 4.517%, (US0003M + 3.250%), 02/12/25 | 1,113,223 | 0.2 | ||
| 3,806,651 | BMC Software Finance, Inc. 2018 USD Term Loan B, 4.424%, (US0001M + 4.250%), 10/02/25 | 3,602,725 | 0.5 | ||
| 635,301 | Brave Parent Holdings, Inc. 1st Lien Term Loan, 4.174%, (US0001M + 4.000%), 04/18/25 | 609,095 | 0.1 | ||
| 1,802,550 | Cohu, Inc. 2018 Term Loan B, 3.174%, (US0001M + 3.000%), 10/01/25 | 1,550,193 | 0.2 | ||
| 1,108,189 | Compuware Corporation 2018 Term Loan B, 6.250%, (PRIME + 4.000%), 08/22/25 | 1,105,418 | 0.2 | ||
| 1,700,000 | Cornerstone OnDemand, Inc. Term Loan B, 5.348%, (US0002M + 4.250%), 04/22/27 | 1,680,875 | 0.2 | ||
| 4,992,481 | Dell International LLC 2019 Term Loan B, 2.750%, (US0001M + 2.000%), 09/19/25 | 4,913,435 | 0.7 | ||
| 2,988,629 | Dynatrace LLC 2018 1st Lien Term Loan, 2.424%, (US0001M + 2.250%), 08/22/25 | 2,926,367 | 0.4 | ||
| 1,668,875 | EagleView Technology Corporation 2018 Add On Term Loan B, 3.863%, (US0003M + 3.500%), 08/14/25 | 1,540,927 | 0.2 | ||
| 564,938 | Electrical Components International, Inc. 2018 1st Lien Term Loan, 4.424%, (US0003M + 4.250%), 06/26/25 | 451,950 | 0.1 | ||
| 5,141,447 | Epicor Software Corporation 1st Lien Term Loan, 3.430%, (US0001M + 3.250%), 06/01/22 | 5,049,328 | 0.7 | ||
| 1,238,250 | Exact Merger Sub LLC 1st Lien Term Loan, 5.700%, (US0003M + 4.250%), 09/27/24 | 1,167,051 | 0.2 | ||
| EUR 992,500 | GlobalFoundries Inc EUR Term Loan B, 5.000%, (EUR003M + 5.000%), 06/05/26 | 1,002,570 | 0.2 | ||
| 1,702,138 | GlobalFoundries Inc USD Term Loan B, 6.250%, (US0003M + 4.750%), 06/05/26 | 1,600,009 | 0.2 | ||
| 5,000,000 | Go Daddy Operating Company, LLC 2017 Repriced Term Loan, 3.452%, (US0001M + 1.750%), 02/15/24 | 4,906,695 | 0.7 | ||
| EUR 1,915,924 | Greeneden U.S. Holdings II, LLC 2018 EUR Term Loan B, 3.500%, (EUR002M + 3.500%), 12/01/23 | 2,065,628 | 0.3 | ||
| 1,835,400 | Helios Software Holdings, Inc. USD Term Loan, 5.322%, (US0006M + 4.250%), 10/24/25 | 1,739,042 | 0.3 | ||
| 5,068,815 | Hyland Software, Inc. 2018 1st Lien Term Loan, 4.000%, (US0001M + 3.250%), 07/01/24 | 4,948,431 | 0.7 | ||
| 1,086,738 | Imperva, Inc. 1st Lien Term Loan, 5.000%, (US0003M + 4.000%), 01/12/26 | 1,017,005 | 0.2 | ||
| 1,040,000 | Imperva, Inc. 2nd Lien Term Loan, 8.750%, (US0003M + 7.750%), 01/10/27 | 902,200 | 0.1 | ||
| 4,020,000 | Informatica LLC 2020 USD Term Loan B, 3.424%, (US0001M + 3.250%), 02/25/27 | 3,852,499 | 0.6 | ||
| 4,525,368 | Kronos Incorporated 2017 Term Loan B, 3.330%, (US0003M + 3.000%), 11/01/23 | 4,459,374 | 0.7 | ||
| 597,380 | MA FinanceCo., LLC USD Term Loan B3, 2.674%, (US0001M + 2.500%), 06/21/24 | 567,511 | 0.1 | ||
| 6,163,306 | McAfee, LLC 2018 USD Term Loan B, 3.924%, (US0001M + 3.750%), 09/30/24 | 6,058,530 | 0.9 | ||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† | Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Electronics/Electrical: (continued) | |||||
| 6,010,264 | MH Sub I, LLC 2017 1st Lien Term Loan, 4.822%, (US0006M + 3.750%), 09/13/24 | $ 5,826,200 | 0.9 | ||
| 1,510,000 | MH Sub I, LLC 2017 2nd Lien Term Loan, 8.572%, (US0006M + 7.500%), 09/15/25 | 1,385,425 | 0.2 | ||
| EUR 1,985,000 | OVH Groupe SAS EUR Term Loan B, 3.250%, (EUR001M + 3.250%), 12/04/26 | 2,159,381 | 0.3 | ||
| 3,190,135 | Project Boost Purchaser, LLC 2019 Term Loan B, 3.674%, (US0001M + 3.500%), 06/01/26 | 3,005,372 | 0.4 | ||
| 1,584,938 | Project Leopard Holdings, Inc. 2019 Term Loan, 5.700%, (US0003M + 4.250%), 07/07/23 | 1,490,502 | 0.2 | ||
| 5,131,850 | Quest Software US Holdings Inc. 2018 1st Lien Term Loan, 5.010%, (US0003M + 4.250%), 05/16/25 | 4,907,332 | 0.7 | ||
| 1,610,000 | Quest Software US Holdings Inc. 2018 2nd Lien Term Loan, 9.010%, (US0003M + 8.250%), 05/18/26 | 1,340,325 | 0.2 | ||
| 6,299,746 | Rackspace Hosting, Inc. 2017 Incremental 1st Lien Term Loan, 4.000%, (US0003M + 3.000%), 11/03/23 | 6,146,624 | 0.9 | ||
| 2,755,249 | Riverbed Technology, Inc. 2016 Term Loan, 4.250%, (US0003M + 3.250%), 04/24/22 | 2,395,590 | 0.4 | ||
| 890,000 | Rocket Software, Inc. 2018 2nd Lien Term Loan, 9.010%, (US0003M + 8.250%), 11/27/26 | 697,166 | 0.1 | ||
| 3,168,000 | Rocket Software, Inc. 2018 Term Loan, 4.424%, (US0001M + 4.250%), 11/28/25 | 3,005,640 | 0.4 | ||
| 4,353,750 | RP Crown Parent LLC Term Loan B, 3.750%, (US0001M + 2.750%), 10/12/23 | 4,266,675 | 0.6 | ||
| 4,034,254 | Seattle Spinco, Inc. USD Term Loan B3, 2.674%, (US0001M + 2.500%), 06/21/24 | 3,832,541 | 0.6 | ||
| 1,554,093 | Sirius Computer Solutions, Inc. 2020 Term Loan, 3.674%, (US0001M + 3.500%), 07/01/26 | 1,528,839 | 0.2 | ||
| 4,746,379 | (1),(2) | SkillSoft Corporation 1st Lien Term Loan, 5.094%, (US0003M + 4.750%), 04/28/21 | 2,634,734 | 0.4 | |
| 5,725,638 | SolarWinds Holdings, Inc. 2018 Term Loan B, 2.924%, (US0001M + 2.750%), 02/05/24 | 5,632,596 | 0.8 | ||
| 1,354,375 | SonicWall US Holdings Inc. 1st Lien Term Loan, 3.877%, (US0003M + 3.500%), 05/16/25 | 1,234,174 | 0.2 | ||
| 570,000 | SonicWall US Holdings Inc. 2nd Lien Term Loan, 7.877%, (US0003M + 7.500%), 05/18/26 | 461,700 | 0.1 | ||
| 3,058,144 | SS&C Technologies Holdings Europe S.A.R.L. 2018 Term Loan B4, 1.924%, (US0001M + 1.750%), 04/16/25 | 2,972,770 | 0.4 | ||
| 4,366,114 | SS&C Technologies Inc. 2018 Term Loan B3, 1.924%, (US0001M + 1.750%), 04/16/25 | 4,244,225 | 0.6 | ||
| 1,065,000 | Surf Holdings, LLC USD Term Loan, 4.814%, (US0003M + 3.500%), 03/05/27 | 1,023,066 | 0.2 | ||
| 2,417,711 | Travelport Finance (Luxembourg) S.a.r.l. 2019 Term Loan, 6.072%, (US0003M + 5.000%), 05/29/26 | 1,447,268 | 0.2 | ||
| 1,056,525 | TriTech Software Systems 2018 Term Loan B, 5.200%, (US0003M + 3.750%), 08/29/25 | 939,427 | 0.1 | ||
| 3,263,057 | TTM Technologies, Inc. 2017 Term Loan, 2.870%, (US0001M + 2.500%), 09/28/24 | 3,197,796 | 0.5 | ||
| 4,967,556 | Ultimate Software Group Inc(The) Term Loan B, 3.924%, (US0001M + 3.750%), 05/04/26 | 4,830,949 | 0.7 | ||
| 5,132,008 | Veritas Bermuda Ltd. USD Repriced Term Loan B, 5.950%, (US0003M + 4.500%), 01/27/23 | 4,808,050 | 0.7 | ||
| 4,285,750 | Vertafore, Inc. 2018 1st Lien Term Loan, 3.424%, (US0001M + 3.250%), 07/02/25 | 4,092,891 | 0.6 | ||
| 1,070,000 | Vertafore, Inc. 2018 2nd Lien Term Loan, 7.424%, (US0003M + 7.250%), 07/02/26 | 1,064,650 | 0.2 | ||
| 665,946 | Web.com Group, Inc. 2018 2nd Lien Term Loan, 8.945%, (US0001M + 7.750%), 10/09/26 | 556,065 | 0.1 | ||
| 1,635,616 | Web.com Group, Inc. 2018 Term Loan B, 4.945%, (US0003M + 3.750%), 10/10/25 | 1,541,568 | 0.2 | ||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Electronics/Electrical: (continued) | |||||
| 2,376,000 | Xperi Corporation 2018 Term Loan B1, 4.750%, (PRIME + 1.500%), 12/01/23 | $ 2,367,090 | 0.4 | ||
| 145,753,681 | 21.5 | ||||
| Financial: 0.1% | |||||
| 1,058,235 | Blucora, Inc. 2017 Term Loan B, 4.450%, (US0003M + 3.000%), 05/22/24 | 1,015,905 | 0.1 | ||
| Financial Intermediaries: 3.7% | |||||
| 3,214,062 | Blackhawk Network Holdings, Inc 2018 1st Lien Term Loan, 2.924%, (US0001M + 2.750%), 06/15/25 | 3,014,790 | 0.4 | ||
| 1,042,499 | Blackstone Mortgage Trust, Inc. 2019 Term Loan B, 2.424%, (US0001M + 2.250%), 04/23/26 | 982,555 | 0.2 | ||
| 2,495,906 | Cushman & Wakefield U.S. Borrower, LLC 2020 Term Loan B, 2.924%, (US0001M + 2.750%), 08/21/25 | 2,337,416 | 0.3 | ||
| 1,970,000 | Deerfield Dakota Holding, LLC 2020 USD Term Loan B, 4.750%, (US0001M + 3.750%), 04/09/27 | 1,939,629 | 0.3 | ||
| 4,678,200 | Edelman Financial Center, LLC 2018 1st Lien Term Loan, 3.168%, (US0001M + 3.000%), 07/21/25 | 4,487,175 | 0.7 | ||
| 2,847,045 | First Eagle Holdings, Inc. 2020 Term Loan B, 3.950%, (US0003M + 2.500%), 02/01/27 | 2,694,017 | 0.4 | ||
| 2,788,970 | Focus Financial Partners, LLC 2020 Term Loan, 2.174%, (US0001M + 2.000%), 07/03/24 | 2,705,301 | 0.4 | ||
| 3,790,178 | LPL Holdings, Inc. 2019 Term Loan B1, 1.924%, (US0001M + 1.750%), 11/12/26 | 3,695,423 | 0.5 | ||
| 715,038 | VFH Parent LLC 2019 Term Loan B, 3.222%, (US0001M + 3.000%), 03/01/26 | 703,418 | 0.1 | ||
| 3,012,045 | Victory Capital Holdings, Inc. 2020 Term Loan B, 3.937%, (US0003M + 2.500%), 07/01/26 | 2,925,449 | 0.4 | ||
| 25,485,173 | 3.7 | ||||
| Food Products: 2.1% | |||||
| 1,293,525 | 8th Avenue Food & Provisions, Inc. 2018 1st Lien Term Loan, 3.684%, (US0003M + 3.500%), 10/01/25 | 1,268,625 | 0.2 | ||
| 205,000 | 8th Avenue Food & Provisions, Inc. 2018 2nd Lien Term Loan, 7.934%, (US0001M + 7.750%), 10/01/26 | 198,850 | 0.1 | ||
| 2,245,748 | Atkins Nutritionals Holdings II, Inc. 2017 Term Loan B, 4.750%, (US0001M + 3.750%), 07/07/24 | 2,212,062 | 0.3 | ||
| 3,381,021 | B&G Foods, Inc. 2019 Term Loan B4, 2.674%, (US0001M + 2.500%), 10/10/26 | 3,355,664 | 0.5 | ||
| 859,688 | CHG PPC Parent LLC 2018 Term Loan B, 2.924%, (US0001M + 2.750%), 03/31/25 | 831,748 | 0.1 | ||
| EUR 745,000 | Froneri International PLC 2020 EUR Term Loan, 2.625%, (EUR006M + 2.625%), 01/29/27 | 797,836 | 0.1 | ||
| 2,212,711 | Froneri International PLC 2020 USD Term Loan, 2.424%, (US0001M + 2.250%), 01/29/27 | 2,121,436 | 0.3 | ||
| 3,527,863 | IRB Holding Corp 2020 Term Loan B, 3.751%, (US0001M + 2.750%), 02/05/25 | 3,319,969 | 0.5 | ||
| 605,000 | (1),(2) | NPC International, Inc. 2nd Lien Term Loan, 7.844%, (US0003M + 7.500%), 04/18/25 | 16,638 | 0.0 | |
| 14,122,828 | 2.1 | ||||
| Food Service: 2.5% | |||||
| 3,000,000 | 1011778 B.C. Unlimited Liability Company Term Loan B4, 1.924%, (US0003M + 1.750%), 11/19/26 | 2,887,500 | 0.4 | ||
| 545,154 | Fogo De Chao, Inc. 2018 Add On Term Loan, 5.700%, (US0003M + 4.250%), 04/07/25 | 342,311 | 0.1 | ||
| 4,459,756 | Golden Nugget, Inc. 2017 Incremental Term Loan B, 3.455%, (US0002M + 2.500%), 10/04/23 | 3,863,264 | 0.6 | ||
| 2,195,888 | Hearthside Food Solutions, LLC 2018 Term Loan B, 3.861%, (US0001M + 3.688%), 05/23/25 | 2,115,189 | 0.3 | ||
| 3,000,000 | US Foods, Inc. 2016 Term Loan B, 1.924%, (US0001M + 1.750%), 06/27/23 | 2,840,157 | 0.4 | ||
| 2,467,600 | US Foods, Inc. 2019 Term Loan B, 3.072%, (US0006M + 2.000%), 09/13/26 | 2,341,135 | 0.3 | ||
| 3,000,000 | Welbilt, Inc. 2018 Term Loan B, 2.674%, (US0001M + 2.500%), 10/23/25 | 2,587,500 | 0.4 | ||
| 16,977,056 | 2.5 | ||||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Food/Drug Retailers: 1.6% | |||||
| EUR 1,000,000 | CD&R Firefly Bidco Limited 2018 EUR Term Loan B2, 3.500%, (EUR006M + 3.500%), 06/23/25 | $ 1,084,150 | 0.2 | ||
| 3,743,852 | EG Finco Limited 2018 USD Term Loan, 5.072%, (US0006M + 4.000%), 02/07/25 | 3,562,900 | 0.5 | ||
| 1,007,571 | Moran Foods LLC 2020 2nd Lien Term Loan, 12.183%, (US0003M + 10.750%), 10/01/24 | 468,521 | 0.1 | ||
| 801,018 | Moran Foods LLC 2020 Term Loan, 8.433%, (US0003M + 7.000%), 04/01/24 | 764,972 | 0.1 | ||
| 1,472,600 | Portillos Holdings, LLC 2019 1st Lien Term Loan B3, 6.950%, (US0003M + 5.500%), 09/06/24 | 1,286,684 | 0.2 | ||
| 3,811,750 | United Natural Foods, Inc. Term Loan B, 4.424%, (US0001M + 4.250%), 10/22/25 | 3,596,744 | 0.5 | ||
| 10,763,971 | 1.6 | ||||
| Forest Products: 0.2% | |||||
| 1,378,075 | LABL, Inc. 2019 USD Term Loan, 4.674%, (US0001M + 4.500%), 07/01/26 | 1,324,890 | 0.2 | ||
| Health Care: 11.3% | |||||
| 780,125 | Accelerated Health Systems, LLC Term Loan B, 3.684%, (US0001M + 3.500%), 10/31/25 | 725,516 | 0.1 | ||
| 3,574,508 | ADMI Corp. 2018 Term Loan B, 4.200%, (US0001M + 2.750%), 04/30/25 | 3,316,100 | 0.5 | ||
| 2,062,468 | Air Methods Corporation 2017 Term Loan B, 4.950%, (US0003M + 3.500%), 04/22/24 | 1,657,525 | 0.2 | ||
| 2,818,908 | ATI Holdings Acquisition, Inc. 2016 Term Loan, 4.570%, (US0006M + 3.500%), 05/10/23 | 2,455,974 | 0.4 | ||
| 4,772,298 | Bausch Health Companies, Inc. 2018 Term Loan B, 3.171%, (US0001M + 3.000%), 06/02/25 | 4,693,555 | 0.7 | ||
| 4,642,251 | Change Healthcare Holdings LLC 2017 Term Loan B, 3.500%, (US0001M + 2.500%), 03/01/24 | 4,534,485 | 0.7 | ||
| 1,170,000 | Da Vinci Purchaser Corp. 2019 Term Loan, 5.238%, (US0006M + 4.000%), 01/08/27 | 1,142,944 | 0.2 | ||
| 3,640,288 | DaVita, Inc. 2020 Term Loan B, 1.924%, (US0001M + 1.750%), 08/12/26 | 3,562,931 | 0.5 | ||
| 1,709,204 | DentalCorp Perfect Smile ULC 1st Lien Term Loan, 4.750%, (US0001M + 3.750%), 06/06/25 | 1,546,830 | 0.2 | ||
| 4,611,027 | Envision Healthcare Corporation 2018 1st Lien Term Loan, 3.924%, (US0001M + 3.750%), 10/10/25 | 3,059,130 | 0.4 | ||
| 4,125,868 | ExamWorks Group, Inc. 2017 Term Loan, 4.323%, (US0006M + 3.250%), 07/27/23 | 4,034,067 | 0.6 | ||
| 7,586,437 | Global Medical Response, Inc. 2018 Term Loan B1, 4.250%, (US0003M + 3.250%), 04/28/22 | 7,374,647 | 1.1 | ||
| 2,652,638 | GoodRx, Inc. 1st Lien Term Loan, 2.924%, (US0001M + 2.750%), 10/10/25 | 2,590,744 | 0.4 | ||
| 2,482,393 | Inovalon Holdings, Inc. 2020 Term Loan B1, 3.188%, (US0001M + 3.000%), 04/02/25 | 2,430,677 | 0.4 | ||
| 6,278,218 | Jaguar Holding Company II 2018 Term Loan, 3.500%, (US0001M + 2.500%), 08/18/22 | 6,262,033 | 0.9 | ||
| 855,700 | Medical Solutions L.L.C. 2017 Term Loan, 5.500%, (US0001M + 4.500%), 06/14/24 | 804,358 | 0.1 | ||
| 5,663,141 | MPH Acquisition Holdings LLC 2016 Term Loan B, 4.200%, (US0003M + 2.750%), 06/07/23 | 5,456,437 | 0.8 | ||
| 3,299,106 | Ortho-Clinical Diagnostics SA 2018 Term Loan B, 3.580%, (US0001M + 3.250%), 06/30/25 | 3,138,275 | 0.5 | ||
| 2,764,147 | Phoenix Guarantor Inc 2020 Term Loan B, 3.434%, (US0001M + 3.250%), 03/05/26 | 2,705,409 | 0.4 | ||
| 3,070,485 | RegionalCare Hospital Partners Holdings, Inc. 2018 Term Loan B, 3.924%, (US0001M + 3.750%), 11/17/25 | 2,950,619 | 0.4 | ||
| 2,630,000 | Sotera Health Holdings, LLC 2019 Term Loan, 5.500%, (US0001M + 4.500%), 12/11/26 | 2,565,894 | 0.4 | ||
| EUR 1,000,000 | Sunrise Medical 2018 EUR Term Loan B, 3.000%, (EUR003M + 3.000%), 04/16/25 | 1,075,084 | 0.2 | ||
| 345,000 | Surgery Center Holdings, Inc. 2020 Term Loan B, 9.000%, (US0001M + 8.000%), 09/03/24 | 351,900 | 0.0 | ||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Health Care: (continued) | |||||
| 1,402,893 | Tecomet Inc. 2017 Repriced Term Loan, 4.675%, (US0003M + 3.500%), 05/01/24 | $ 1,318,720 | 0.2 | ||
| 4,004,662 | Vizient, Inc. 2020 Term Loan B6, 2.174%, (US0001M + 2.000%), 05/06/26 | 3,882,853 | 0.6 | ||
| 2,922,922 | Wink Holdco, Inc 1st Lien Term Loan B, 4.450%, (US0003M + 3.000%), 12/02/24 | 2,813,313 | 0.4 | ||
| 76,450,020 | 11.3 | ||||
| Home Furnishings: 0.4% | |||||
| 2,721,325 | Prime Security Services Borrower, LLC 2019 Term Loan B1, 4.250%, (US0001M + 3.250%), 09/23/26 | 2,657,374 | 0.4 | ||
| Industrial: 0.5% | |||||
| 3,624,801 | NCI Building Systems, Inc. 2018 Term Loan, 3.948%, (US0001M + 3.750%), 04/12/25 | 3,459,420 | 0.5 | ||
| Industrial Equipment: 2.7% | |||||
| 2,910,213 | APi Group DE, Inc. Term Loan B, 2.674%, (US0001M + 2.500%), 10/01/26 | 2,801,080 | 0.4 | ||
| 824,563 | CPM Holdings, Inc. 2018 1st Lien Term Loan, 3.972%, (US0003M + 3.750%), 11/17/25 | 696,755 | 0.1 | ||
| 1,435,173 | EWT Holdings III Corp. 2020 Term Loan, 3.453%, (US0001M + 2.750%), 12/20/24 | 1,401,087 | 0.2 | ||
| 4,086,749 | Filtration Group Corporation 2018 1st Lien Term Loan, 3.174%, (US0001M + 3.000%), 03/29/25 | 3,970,530 | 0.6 | ||
| 5,256,353 | Gardner Denver, Inc. 2020 USD Term Loan, 1.924%, (US0001M + 1.750%), 03/01/27 | 5,024,195 | 0.7 | ||
| 2,193,975 | Granite Holdings US Acquisition Co. Term Loan B, 6.322%, (US0006M + 5.250%), 09/30/26 | 1,881,334 | 0.3 | ||
| 1,218,125 | Kenan Advantage Group, Inc. 2015 Term Loan, 4.000%, (US0001M + 3.000%), 07/31/22 | 1,116,615 | 0.2 | ||
| 370,981 | Kenan Advantage Group, Inc. CAD Term Loan B, 4.000%, (US0001M + 3.000%), 07/31/22 | 340,066 | 0.1 | ||
| 1,100,000 | Star US Bidco LLC Term Loan B, 5.250%, (US0001M + 4.250%), 03/17/27 | 987,250 | 0.1 | ||
| 18,218,912 | 2.7 | ||||
| Insurance: 7.5% | |||||
| 2,011,127 | Achilles Acquisition LLC 2018 Term Loan, 4.188%, (US0001M + 4.000%), 10/13/25 | 1,920,626 | 0.3 | ||
| 4,529,274 | Acrisure, LLC 2020 Term Loan B, 3.765%, (US0003M + 3.500%), 02/15/27 | 4,260,820 | 0.6 | ||
| 1,474,513 | Alera Group Holdings, Inc. 2018 Term Loan B, 5.070%, (US0006M + 4.000%), 08/01/25 | 1,408,160 | 0.2 | ||
| 4,706,011 | Alliant Holdings Intermediate, LLC 2018 Term Loan B, 2.924%, (US0001M + 2.750%), 05/09/25 | 4,516,091 | 0.7 | ||
| 114,138 | Alliant Holdings Intermediate, LLC Term Loan B, 3.421%, (US0001M + 3.250%), 05/09/25 | 110,000 | 0.0 | ||
| 4,827,739 | AmWINS Group, Inc. 2017 Term Loan B, 3.750%, (US0001M + 2.750%), 01/25/24 | 4,749,288 | 0.7 | ||
| 650,000 | Applied Systems, Inc. 2017 2nd Lien Term Loan, 8.450%, (US0003M + 7.000%), 09/19/25 | 643,500 | 0.1 | ||
| 943,063 | Aretec Group, Inc. 2018 Term Loan, 4.424%, (US0003M + 4.250%), 10/01/25 | 877,048 | 0.1 | ||
| 6,262,335 | AssuredPartners, Inc. 2020 Term Loan B, 3.674%, (US0001M + 3.500%), 02/12/27 | 5,978,294 | 0.9 | ||
| 3,282,345 | CCC Information Services, Inc. 2017 1st Lien Term Loan, 4.000%, (US0001M + 3.000%), 04/29/24 | 3,175,669 | 0.5 | ||
| 6,372,271 | Hub International Limited 2018 Term Loan B, 4.020%, (US0003M + 3.000%), 04/25/25 | 6,149,241 | 0.9 | ||
| 5,832,588 | NFP Corp. 2020 Term Loan, 3.424%, (US0001M + 3.250%), 02/15/27 | 5,533,668 | 0.8 | ||
| 7,273,138 | Sedgwick Claims Management Services, Inc. 2018 Term Loan B, 3.424%, (US0001M + 3.250%), 12/31/25 | 6,889,029 | 1.0 | ||
| 5,199,425 | USI, Inc. 2017 Repriced Term Loan, 3.174%, (US0001M + 3.000%), 05/16/24 | 5,004,446 | 0.7 | ||
| 51,215,880 | 7.5 | ||||
| Leisure Good/Activities/Movies: 6.1% | |||||
| 770,000 | Alterra Mountain Company 2020 Term Loan B, 4.844%, (US0003M + 4.500%), 08/01/26 | 765,188 | 0.1 | ||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Leisure Good/Activities/Movies: (continued) | |||||
| 1,810,279 | AMC Entertainment Holdings Inc. 2019 Term Loan B, 4.080%, (US0003M + 3.000%), 04/22/26 | $ 1,380,337 | 0.2 | ||
| 3,820,000 | Bombardier Recreational Products, Inc. 2020 Incremental Term Loan B2, 6.000%, (US0003M + 5.000%), 05/24/27 | 3,810,450 | 0.6 | ||
| 1,247 | Bombardier Recreational Products, Inc. 2020 Term Loan, 2.174%, (US0001M + 2.000%), 05/24/27 | 1,163 | 0.0 | ||
| 1,672,125 | ClubCorp Club Operations, Inc. 2017 Incremental Term Loan, 4.200%, (US0003M + 2.750%), 09/18/24 | 1,484,011 | 0.2 | ||
| 1,135,982 | Crown Finance US, Inc. 2018 USD Term Loan, 3.322%, (US0003M + 2.250%), 02/28/25 | 850,283 | 0.1 | ||
| 1,741,225 | Crown Finance US, Inc. 2019 Incremental Term Loan, 3.572%, (US0006M + 2.500%), 09/30/26 | 1,288,507 | 0.2 | ||
| 3,359,677 | Equinox Holdings, Inc. 2017 1st Lien Term Loan, 4.072%, (US0006M + 3.000%), 03/08/24 | 2,548,315 | 0.4 | ||
| 2,759,884 | Fitness International, LLC 2018 Term Loan B, 4.322%, (US0006M + 3.250%), 04/18/25 | 1,611,082 | 0.2 | ||
| EUR 758,100 | Fluidra S.A. EUR Term Loan B, 2.000%, (EUR001M + 2.000%), 07/02/25 | 821,543 | 0.1 | ||
| 1,313,049 | Fluidra S.A. USD Term Loan B, 2.174%, (US0001M + 2.000%), 07/02/25 | 1,264,630 | 0.2 | ||
| 1,592,500 | GVC Holdings (Gibraltar) Limited 2020 USD Term Loan B3, 3.308%, (US0006M + 2.250%), 03/29/24 | 1,550,697 | 0.2 | ||
| EUR 2,000,000 | GVC Holdings PLC 2019 EUR Term Loan B, 2.500%, (EUR006M + 2.500%), 03/29/24 | 2,186,799 | 0.3 | ||
| 3,164,952 | Intrawest Resorts Holdings, Inc. Term Loan B1, 2.924%, (US0001M + 2.750%), 07/31/24 | 2,997,805 | 0.4 | ||
| 3,166,855 | Kingpin Intermediate Holdings LLC 2018 Term Loan B, 4.500%, (US0001M + 3.500%), 07/03/24 | 2,565,153 | 0.4 | ||
| 4,236,129 | Life Time, Inc. 2017 Term Loan B, 3.113%, (US0003M + 2.750%), 06/10/22 | 3,784,981 | 0.6 | ||
| 347,614 | Motion Finco Sarl Delayed Draw Term Loan B2, 4.323%, (US0006M + 3.250%), 11/04/26 | 321,760 | 0.0 | ||
| 2,644,886 | Motion Finco Sarl USD Term Loan B1, 4.323%, (US0006M + 3.250%), 11/13/26 | 2,448,173 | 0.4 | ||
| 2,444,063 | Playtika Holding Corp Term Loan B, 7.072%, (US0006M + 6.000%), 12/10/24 | 2,445,781 | 0.4 | ||
| EUR 1,716,133 | Thor Industries, Inc. EUR Term Loan B, 4.000%, (EUR001M + 4.000%), 02/01/26 | 1,819,269 | 0.3 | ||
| 3,479,667 | Thor Industries, Inc. USD Term Loan B, 4.123%, (US0001M + 3.750%), 02/01/26 | 3,379,627 | 0.5 | ||
| 1,861,537 | WeddingWire, Inc. 1st Lien Term Loan, 5.950%, (US0001M + 4.500%), 12/19/25 | 1,731,230 | 0.3 | ||
| 315,000 | WeddingWire, Inc. 2nd Lien Term Loan, 9.700%, (US0003M + 8.250%), 12/21/26 | 297,675 | 0.0 | ||
| 41,354,459 | 6.1 | ||||
| Lodging & Casinos: 5.4% | |||||
| 1,490,000 | Aristocrat Leisure Limited 2020 Incremental Term Loan B, 4.750%, (US0003M + 3.750%), 10/19/24 | 1,486,275 | 0.2 | ||
| 6,667,973 | Caesars Resort Collection, LLC 2017 1st Lien Term Loan B, 2.924%, (US0001M + 2.750%), 12/23/24 | 6,096,435 | 0.9 | ||
| 4,215,020 | Everi Payments Inc. Term Loan B, 3.822%, (US0003M + 2.750%), 05/09/24 | 3,912,942 | 0.6 | ||
| 4,289,559 | Golden Entertainment, Inc. 2017 1st Lien Term Loan, 3.750%, (US0001M + 3.000%), 10/21/24 | 3,731,916 | 0.6 | ||
| 1,997,475 | Hilton Worldwide Finance, LLC 2019 Term Loan B2, 1.918%, (US0001M + 1.750%), 06/22/26 | 1,909,858 | 0.3 | ||
| 4,698,280 | PCI Gaming Authority Term Loan, 2.674%, (US0001M + 2.500%), 05/29/26 | 4,470,216 | 0.7 | ||
| 1,000,000 | Penn National Gaming, Inc. 2018 1st Lien Term Loan B, 3.000%, (US0001M + 2.250%), 10/15/25 | 951,250 | 0.1 | ||
| 5,559,174 | Scientific Games International, Inc. 2018 Term Loan B5, 3.477%, (US0006M + 2.750%), 08/14/24 | 5,007,887 | 0.7 | ||
| 6,322,420 | Stars Group Holdings B.V. (The) 2018 USD Incremental Term Loan, 4.950%, (US0003M + 3.500%), 07/10/25 | 6,259,195 | 0.9 | ||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Lodging & Casinos: (continued) | |||||
| 3,074,813 | Station Casinos LLC 2020 Term Loan B, 2.500%, (US0001M + 2.250%), 02/08/27 | $ 2,905,698 | 0.4 | ||
| 36,731,672 | 5.4 | ||||
| Nonferrous Metals/Minerals: 0.7% | |||||
| 3,874,231 | Covia Holdings Corporation Term Loan, 5.387%, (US0003M + 4.000%), 06/01/25 | 2,398,149 | 0.4 | ||
| 2,806,531 | U.S. Silica Company 2018 Term Loan B, 5.000%, (US0001M + 4.000%), 05/01/25 | 2,080,342 | 0.3 | ||
| 4,478,491 | 0.7 | ||||
| Oil & Gas: 0.7% | |||||
| 1,395,000 | Encino Acquisition Partners Holdings, LLC 2018 2nd Lien Term Loan, 7.750%, (US0003M + 6.750%), 10/29/25 | 903,262 | 0.1 | ||
| 1,373,388 | Glass Mountain Pipeline Holdings, LLC Term Loan B, 5.500%, (US0003M + 4.500%), 12/23/24 | 596,050 | 0.1 | ||
| 1,869,730 | HGIM Corp. 2018 Exit Term Loan, 7.713%, (US0003M + 6.000%), 07/02/23 | 860,076 | 0.1 | ||
| 1,915,525 | Lower Cadence Holdings LLC Term Loan B, 4.174%, (US0001M + 4.000%), 05/22/26 | 1,656,929 | 0.2 | ||
| 767,863 | Lucid Energy Group II LLC Incremental Term Loan B2, 4.000%, (US0001M + 3.000%), 02/19/25 | 575,897 | 0.1 | ||
| 439,438 | Moda Ingleside Energy Center, LLC 2018 Term Loan B, 3.654%, (US0003M + 3.250%), 09/29/25 | 414,170 | 0.1 | ||
| 5,006,384 | 0.7 | ||||
| Publishing: 0.7% | |||||
| 5,167,112 | Meredith Corporation 2020 Term Loan B2, 3.260%, (US0003M + 2.500%), 01/31/25 | 5,016,403 | 0.7 | ||
| Radio & Television: 6.2% | |||||
| 3,980,000 | Clear Channel Outdoor Holdings, Inc. Term Loan B, 4.260%, (US0003M + 3.500%), 08/21/26 | 3,717,320 | 0.5 | ||
| 920,375 | Cumulus Media New Holdings Inc. Term Loan B, 4.822%, (US0003M + 3.750%), 03/31/26 | 799,576 | 0.1 | ||
| 3,684,006 | Diamond Sports Group, LLC Term Loan, 3.420%, (US0001M + 3.250%), 08/24/26 | 3,198,944 | 0.5 | ||
| 3,620,823 | Entercom Media Corp. 2019 Term Loan, 2.670%, (US0001M + 2.500%), 11/18/24 | 3,367,365 | 0.5 | ||
| 3,108,311 | iHeartCommunications, Inc. 2020 Term Loan, 3.174%, (US0001M + 3.000%), 05/01/26 | 2,917,927 | 0.4 | ||
| 4,522,879 | NASCAR Holdings, Inc Term Loan B, 2.918%, (US0001M + 2.750%), 10/19/26 | 4,426,768 | 0.6 | ||
| 6,834,586 | Nexstar Broadcasting, Inc. 2019 Term Loan B4, 3.120%, (US0001M + 2.750%), 09/18/26 | 6,614,171 | 1.0 | ||
| 7,601,947 | Sinclair Television Group Inc. Term Loan B2B, 2.690%, (US0001M + 2.500%), 09/30/26 | 7,430,904 | 1.1 | ||
| 4,659,528 | Terrier Media Buyer, Inc. Term Loan B, 5.700%, (US0003M + 4.250%), 12/17/26 | 4,502,269 | 0.7 | ||
| 5,611,377 | Univision Communications Inc. Term Loan C5, 3.750%, (US0001M + 2.750%), 03/15/24 | 5,285,917 | 0.8 | ||
| 42,261,161 | 6.2 | ||||
| Retailers (Except Food & Drug): 3.8% | |||||
| 3,539,440 | Bass Pro Group, LLC Term Loan B, 6.072%, (US0001M + 5.000%), 09/25/24 | 3,344,771 | 0.5 | ||
| 2,542,242 | Belk, Inc. 2019 Term Loan B, 7.750%, (US0003M + 6.750%), 07/31/25 | 794,450 | 0.1 | ||
| 4,339,022 | BJs Wholesale Club, Inc. 2017 1st Lien Term Loan, 2.441%, (US0001M + 2.250%), 02/03/24 | 4,275,486 | 0.6 | ||
| 2,992,162 | Harbor Freight Tools USA, Inc. 2018 Term Loan B, 3.250%, (US0001M + 2.500%), 08/18/23 | 2,872,476 | 0.4 | ||
| 3,003,572 | Jo-Ann Stores, Inc. 2016 Term Loan, 6.000%, (US0006M + 5.000%), 10/20/23 | 1,330,958 | 0.2 | ||
| 4,107,515 | Leslies Poolmart, Inc. 2016 Term Loan, 3.674%, (US0001M + 3.500%), 08/16/23 | 3,876,894 | 0.6 | ||
| 4,410,363 | Mens Wearhouse, Inc. (The) 2018 Term Loan, 4.335%, (US0003M + 3.250%), 04/09/25 | 1,168,746 | 0.2 | ||
| EUR 5,909,551 | Peer Holding III B.V. 2018 EUR Term Loan B, 3.250%, (EUR003M + 3.250%), 03/08/25 | 6,271,881 | 0.9 | ||
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Retailers (Except Food & Drug): (continued) | |||||
| 3,060,010 | Petco Animal Supplies, Inc. 2017 Term Loan B, 4.250%, (US0003M + 3.250%), 01/26/23 | $ 2,150,750 | 0.3 | ||
| 26,086,412 | 3.8 | ||||
| Surface Transport: 2.1% | |||||
| 3,027,008 | Navistar International Corporation 2017 1st Lien Term Loan B, 3.680%, (US0001M + 3.500%), 11/06/24 | 2,921,063 | 0.4 | ||
| 3,469,209 | PODS, LLC 2018 1st Lien Term Loan, 3.750%, (US0001M + 2.750%), 12/06/24 | 3,409,944 | 0.5 | ||
| 1,822,608 | Savage Enterprises LLC 2020 Term Loan B, 3.180%, (US0001M + 3.000%), 08/01/25 | 1,801,344 | 0.3 | ||
| 5,844,363 | XPO Logistics, Inc. 2018 Term Loan B, 2.174%, (US0001M + 2.000%), 02/24/25 | 5,724,343 | 0.8 | ||
| 672,938 | XPO Logistics, Inc. 2019 Term Loan B1, 2.682%, (US0001M + 2.500%), 02/24/25 | 660,110 | 0.1 | ||
| 14,516,804 | 2.1 | ||||
| Technology: 0.6% | |||||
| 4,243,696 | Misys (Finastra) - TL B 1L, 4.500%, (US0006M + 3.500%), 06/13/24 | 3,855,134 | 0.6 | ||
| Telecommunications: 12.1% | |||||
| 1,683,009 | Altice Financing SA 2017 USD Term Loan B, 2.934%, (US0001M + 2.750%), 07/15/25 | 1,598,859 | 0.2 | ||
| 3,915,635 | Altice Financing SA USD 2017 1st Lien Term Loan, 2.918%, (US0001M + 2.750%), 01/31/26 | 3,713,326 | 0.5 | ||
| 4,656,000 | Altice France S.A. USD Term Loan B11, 2.924%, (US0001M + 2.750%), 07/31/25 | 4,423,200 | 0.7 | ||
| 2,965,201 | Altice France S.A. USD Term Loan B12, 3.871%, (US0001M + 3.688%), 01/31/26 | 2,834,237 | 0.4 | ||
| 2,215,000 | Asurion LLC 2017 2nd Lien Term Loan, 6.674%, (US0003M + 6.500%), 08/04/25 | 2,213,892 | 0.3 | ||
| 5,981,014 | Asurion LLC 2018 Term Loan B6, 3.174%, (US0001M + 3.000%), 11/03/23 | 5,827,129 | 0.9 | ||
| 6,173,024 | Asurion LLC 2018 Term Loan B7, 3.174%, (US0001M + 3.000%), 11/03/24 | 6,018,698 | 0.9 | ||
| 4,843,984 | Avaya, Inc. 2018 Term Loan B, 4.434%, (US0001M + 4.250%), 12/15/24 | 4,531,145 | 0.7 | ||
| 7,992,671 | CenturyLink, Inc. 2020 Term Loan B, 2.424%, (US0001M + 2.250%), 03/15/27 | 7,698,652 | 1.1 | ||
| 3,855,638 | CommScope, Inc. 2019 Term Loan B, 3.424%, (US0001M + 3.250%), 04/06/26 | 3,722,618 | 0.6 | ||
| 2,505,000 | Connect Finco Sarl Term Loan B, 5.500%, (US0001M + 4.500%), 12/11/26 | 2,354,700 | 0.3 | ||
| 1,854,894 | Flexential Intermediate Corporation 2017 1st Lien Term Loan, 4.950%, (US0003M + 3.500%), 08/01/24 | 1,510,434 | 0.2 | ||
| 2,935,230 | Global Tel*Link Corporation 2018 1st Lien Term Loan, 5.700%, (US0003M + 4.250%), 11/29/25 | 2,486,140 | 0.4 | ||
| 1,700,000 | Global Tel*Link Corporation 2018 2nd Lien Term Loan, 9.700%, (US0003M + 8.250%), 11/29/26 | 1,362,125 | 0.2 | ||
| 4,697,826 | GTT Communications, Inc. 2018 USD Term Loan B, 2.920%, (US0001M + 2.750%), 05/31/25 | 3,395,485 | 0.5 | ||
| 2,460,000 | Iridium Satellite LLC Term Loan, 4.750%, (US0001M + 3.750%), 11/04/26 | 2,440,012 | 0.4 | ||
| 8,201,940 | Level 3 Financing Inc. 2019 Term Loan B, 1.924%, (US0001M + 1.750%), 03/01/27 | 7,996,891 | 1.2 | ||
| 1,050,000 | Northwest Fiber, LLC Term Loan B, 5.844%, (US0003M + 5.500%), 05/21/27 | 1,039,500 | 0.2 | ||
| 2,060,083 | Securus Technologies Holdings, Inc. 2017 1st Lien Term Loan, 5.500%, (US0006M + 4.500%), 11/01/24 | 1,670,921 | 0.2 | ||
| 232,284 | (3) | Speedcast Communications, Inc. 2020 DIP New Money Term Loan, 10.000%, (US0001M + 8.000%), 01/22/21 | 232,284 | 0.0 | |
| 232,284 | Speedcast Communications, Inc. 2020 DIP Roll-Up Delayed Draw Term Loan, 5.000%, (US0003M + 1.750%), 01/22/21 | 232,284 | 0.0 | ||
| 1,277,596 | (1),(2) | Speedcast International Limited Term Loan B, 3.094%, (US0003M + 2.750%), 05/15/25 | 153,312 | 0.0 | |
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Principal Amount† |
Borrower/Tranche Description (continued) |
Fair Value | Percentage of Net Assets |
||
| SENIOR LOANS*: (continued) | |||||
| Telecommunications: (continued) | |||||
| 7,575,000 | T-Mobile USA, Inc. 2020 Term Loan, 3.174%, (US0001M + 3.000%), 04/01/27 | $ 7,585,257 | 1.1 | ||
| 3,188,145 | Zayo Group Holdings, Inc. USD Term Loan, 3.174%, (US0001M + 3.000%), 03/09/27 | 3,076,117 | 0.5 | ||
| 3,940,000 | Ziggo Financing Partnership USD Term Loan I, 2.684%, (US0001M + 2.500%), 04/30/28 | 3,782,948 | 0.6 | ||
| 81,900,166 | 12.1 | ||||
| Utilities: 2.1% | |||||
| 4,887,500 | Calpine Construction Finance Company, L.P. 2017 Term Loan B, 2.174%, (US0001M + 2.000%), 01/15/25 | 4,771,422 | 0.7 | ||
| 2,487,500 | Calpine Corporation 2019 Term Loan B10, 2.174%, (US0001M + 2.000%), 08/12/26 | 2,429,044 | 0.4 | ||
| 1,975,980 | LMBE-MC Holdco II LLC Term Loan B, 5.460%, (US0003M + 4.000%), 12/03/25 | 1,887,061 | 0.3 | ||
| 247,253 | (4) | Longview Power LLC 2020 Exit Term Loan, 10.344%, (US0003M + 10.000%), 05/26/25 | 244,780 | 0.0 | |
| 1,925,479 | (1),(2) | Longview Power LLC Term Loan B, 6.344%, (US0003M + 6.000%), 04/13/21 | 288,822 | 0.0 | |
| 1,737,130 | Nautilus Power, LLC Term Loan B, 5.250%, (US0001M + 4.250%), 05/16/24 | 1,657,512 | 0.3 | ||
| 1,836,475 | Sabre Industries, Inc. 2019 Term Loan B, 4.494%, (US0006M + 3.500%), 04/15/26 | 1,798,983 | 0.3 | ||
| 976,890 | Southeast PowerGen, LLC Term Loan B, 4.500%, (US0001M + 3.500%), 12/02/21 | 928,045 | 0.1 | ||
| 14,005,669 | 2.1 | ||||
| Total Senior Loans | |||||
| (Cost $1,003,891,353) | 932,679,021 | 137.4 | |||
| Shares | Value | Percentage of Net Assets |
|||
| EQUITIES AND OTHER ASSETS: 0.1% | |||||
| 46,262 | (5) | Cumulus Media, Inc. Class-A | 239,175 | 0.1 | |
| 4,398 | (5) | Harvey Gulf International Marine LLC | 26,388 | 0.0 | |
| 19,651 | (5) | Harvey Gulf International Marine LLC - Warrants | 117,906 | 0.0 | |
| 205,396 | (5) | Longview Power LLC | 2,054 | 0.0 | |
| 56,338 | (4),(5) | Save-A-Lot, Inc. / Moran Foods | – | 0.0 | |
| 407 | (5) | Southcross Holdings GP LLC | – | 0.0 | |
| 407 | (4),(5) | Southcross Holdings LP- Class A | – | 0.0 | |
| 43,777 | (5) | The Oneida Group (formerly EveryWare Global, Inc.) | 2,189 | 0.0 | |
| Total Equities and Other Assets | |||||
| (Cost $4,316,675) | 387,712 | 0.1 | |||
| Total Investments (Cost $1,008,208,028) |
$ 933,066,733 | 137.5 | |||
| Liabilities in Excess of Other Assets | (254,464,273) | (37.5) | |||
| Net Assets | $ 678,602,460 | 100.0 | |||
| * | Senior loans, while exempt from registration under the Securities Act of 1933, as amended, contain certain restrictions on resale and cannot be sold publicly. These senior loans bear interest (unless otherwise noted) at rates that float periodically at a margin above the London Inter-Bank Offered Rate (“LIBOR”) and other short-term rates. |
| † | Unless otherwise indicated, principal amount is shown in USD. |
| (1) | Issuer filed for bankruptcy and/or is in default. |
| (2) | Senior Loan is on non-accrual status at May 31, 2020. |
| (3) | All or a portion of this holding is subject to unfunded loan commitments. |
| (4) | For fair value measurement disclosure purposes, security is categorized as Level 3, whose value was determined using significant unobservable inputs. |
| (5) | Non-income producing security. |
| Reference Rate Abbreviations: | |
| EUR001M | 1-month EURIBOR |
| EUR002M | 2-month EURIBOR |
| EUR003M | 3-month EURIBOR |
| PRIME | Federal Reserve Bank Prime Loan Rate |
| US0001M | 1-month LIBOR |
| US0001W | 1-week LIBOR |
| US0002M | 2-month LIBOR |
| US0003M | 3-month LIBOR |
| US0006M | 6-month LIBOR |
| Voya Prime Rate Trust | PORTFOLIO OF INVESTMENTS |
| as of May 31, 2020 (Unaudited) (Continued) |
| Fair Value Measurements | ||||||||||||||||
| The following is a summary of the fair valuations according to the inputs used as of May 31, 2020 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, 2020 | |||||||||||||
| Asset Table | ||||||||||||||||
| Investments, at fair value | ||||||||||||||||
| Senior Loans | $ | – | $ | 932,434,241 | $ | 244,780 | $ | 932,679,021 | ||||||||
| Equities and Other Assets | 239,175 | 148,537 | – | 387,712 | ||||||||||||
| Total Investments, at fair value | $ | 239,175 | $ | 932,582,778 | $ | 244,780 | $ | 933,066,733 | ||||||||
| Other Financial Instruments+ | ||||||||||||||||
| Forward Foreign Currency Contracts | – | 98,800 | – | 98,800 | ||||||||||||
| Total Assets | $ | 239,175 | $ | 932,681,578 | $ | 244,780 | $ | 933,165,533 | ||||||||
| Liabilities Table | ||||||||||||||||
| Other Financial Instruments+ | ||||||||||||||||
| Forward Foreign Currency Contracts | $ | – | $ | (836,924) | $ | – | $ | (836,924) | ||||||||
| Total Liabilities | $ | – | $ | (836,924) | $ | – | $ | (836,924) | ||||||||
| + | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and include open forward foreign currency contracts which are fair valued at the unrealized appreciation (depreciation) on the instrument. |
At May 31, 2020, the following forward foreign currency contracts were outstanding for Voya Prime Rate Trust:
| Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||||||
| USD 37,137,438 | EUR 34,200,000 | State Street Bank & Trust Co. | 06/11/20 | $ | (832,991) | |||||
| EUR 2,850,000 | USD 3,083,292 | State Street Bank & Trust Co. | 06/11/20 | 80,910 | ||||||
| EUR 1,010,000 | USD 1,103,459 | State Street Bank & Trust Co. | 06/11/20 | 17,890 | ||||||
| USD 207,014 | EUR 190,000 | State Street Bank & Trust Co. | 06/11/20 | (3,933) | ||||||
| $ | (738,124) | |||||||||
| Currency Abbreviations | ||
| EUR | - | EU Euro |
| USD | - | United States Dollar |
At May 31, 2020, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments on a tax basis were:
| Cost for federal income tax purposes was $1,009,445,626. | ||||||
| Net unrealized depreciation consisted of: | ||||||
| Gross Unrealized Appreciation | $ | 703,668 | ||||
| Gross Unrealized Depreciation | (76,940,157) | |||||
| Net Unrealized Depreciation | $ | (76,236,489) | ||||