# EDGAR Filing Document

**Accession Number:** 0001066602
**File Stem:** 0001683863-25-005370
**Filing Date:** 2025-6
**Character Count:** 25394
**Document Hash:** d12cba018f4e2633c96104f65217075f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683863-25-005370.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001683863-25-005370

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**EFFECTIVENESS DATE**: 20250625

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Voya FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001066602

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-59745
- **FILM NUMBER:** 251073858

**BUSINESS ADDRESS:**
- **STREET 1:** 7337 E. DOUBLETREE RANCH ROAD, STE 100
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85258
- **BUSINESS PHONE:** 800-992-0180

**MAIL ADDRESS:**
- **STREET 1:** 7337 E. DOUBLETREE RANCH ROAD, STE 100
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85258

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ING FUNDS TRUST
- **DATE OF NAME CHANGE:** 20020205

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PILGRIM FUNDS TRUST
- **DATE OF NAME CHANGE:** 20010312

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ING FUNDS TRUST
- **DATE OF NAME CHANGE:** 19980721

## Series and Classes Contracts Data

### Voya GNMA Income Fund (Series ID: S000008394)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | LEXNX         | C000023002 |
| Class C    | LEGNX         | C000023004 |
| Class I    | LEINX         | C000023005 |
| Class W    | IGMWX         | C000057275 |
| Class R6   | VGMBX         | C000122009 |

---

### Voya High Yield Bond Fund (Series ID: S000008395)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | IHYAX         | C000023007 |
| Class C    | IMYCX         | C000023009 |
| Class I    | IHYIX         | C000069597 |
| Class W    | IHYWX         | C000103051 |
| Class R    | IRSTX         | C000139707 |
| Class R6   | VHYRX         | C000172347 |

---

## Series and Classes Contracts Data

### Voya GNMA Income Fund (Series ID: S000008394)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000023002 | Class A      | LEXNX           |
| C000023004 | Class C      | LEGNX           |
| C000023005 | Class I      | LEINX           |
| C000057275 | Class W      | IGMWX           |
| C000122009 | Class R6     | VGMBX           |

### Voya High Yield Bond Fund (Series ID: S000008395)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000023007 | Class A      | IHYAX           |
| C000023009 | Class C      | IMYCX           |
| C000069597 | Class I      | IHYIX           |
| C000103051 | Class W      | IHYWX           |
| C000139707 | Class R      | IRSTX           |
| C000172347 | Class R6     | VHYRX           |

?xml version='1.0' encoding='ASCII'? 497

------

**VOYA FUNDS TRUST**

Voya GNMA Income Fund

Voya High Yield Bond Fund

(each, a "Fund" and together, the "Funds")

Supplement dated June 25, 2025

to the Funds' Class A, Class C, Class I, Class R, Class R6, and Class W Shares'

Summary Prospectus and Prospectus,

each dated July 31, 2024, as supplemented

(together the "Prospectuses")

Effective June 30, 2025: (1) Jeff Dutra, CFA is removed as a portfolio manager for Voya GNMA Income Fund ("GNMA Fund"); and (2) John Zhang, CFA is added as a portfolio manager for GNMA Fund.

Effective June 16, 2025: (1) Principal Investment Strategies and risks for Voya High Yield Bond Fund ("HYB Fund") are revised to allow HYB Fund to invest in convertible securities; (2) the secondary benchmark for HYB Fund is changed from Bloomberg High Yield Bond – 2% Issuer Constrained Composite Index to the ICE BofA U.S. High Yield Index; (3) Mohamed Basma, CFA and Randall Parrish, CFA are removed as portfolio managers for HYB Fund; and (4) Justin Kass, CFA, David J. Oberto, and Ethan Turner, CFA are added as portfolio managers for HYB Fund.

Effective June 30, 2025, the Prospectus for GNMA Fund is revised as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.All references to Jeff Dutra, CFA as a portfolio manager for GNMA Fund are deleted in their entirety.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.The sub-section of the Prospectus entitled "Portfolio Management – Portfolio Managers" in GNMA Fund's Summary Section is deleted in its entirety and replaced with the following:

---

| | |
|:---|:---|
| **Portfolio Managers** |  |
| Justin McWhorter, CFA | John Zhang, CFA, FRM |
| Portfolio Manager (since 05/09) | Portfolio Manager (since 06/25) |

---

Effective immediately, the Prospectus for HYB Fund is revised as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.All references to Mohamed Basma, CFA and Randall Parrish, CFA as portfolio managers for HYB Fund are deleted in their entirety.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.The second paragraph in the section of the Prospectus entitled "Principal Investment Strategies" in HYB Fund's Summary Section is deleted in its entirety and replaced with the following:

High-yield bonds are debt instruments that, at the time of purchase, are not rated by a nationally recognized statistical rating organization ("NRSRO") or are rated below investment grade (e.g., rated below BBB- by S&P Global Ratings or Baa3 by Moody's Investors Service, Inc.) or have an equivalent rating by a NRSRO. The Fund defines high-yield bonds to include: bank loans; payment-in-kind securities; fixed and variable floating rate and deferred interest debt obligations; convertible securities; zero- coupon bonds and debt obligations provided they are unrated or rated below investment

grade. In evaluating the quality of a particular high-yield bond for investment by the Fund, the sub-adviser (the "Sub-Adviser") does not rely exclusively on credit ratings assigned by a NRSRO. The Sub-Adviser will utilize a security's credit rating as simply one indication of an issuer's creditworthiness and will principally rely upon its own analysis of any security. The Sub-Adviser does not have restrictions on the rating level of the securities held in the Fund and may purchase and hold securities in default. There are no restrictions on the average maturity of the Fund's portfolio or the maturity of any single investment. Maturities may vary widely depending on the Sub-Adviser's assessment of interest rate trends and other economic or market factors.

&nbsp;&nbsp;&nbsp;&nbsp;5.The section of the Prospectus entitled "Principal Risks" in HYB Fund's Summary Section is amended to include the following risk:

**Convertible Securities:** Convertible securities are securities that are convertible into or exercisable for common stocks at a stated price or rate. Convertible securities are subject to the usual risks associated with debt instruments, such as interest rate risk and credit risk. In addition, because convertible securities react to changes in the value of the underlying stock, they are subject to market risk.

&nbsp;&nbsp;&nbsp;&nbsp;6.The sub-section of the Prospectus entitled "Portfolio Management – Portfolio Managers" in HYB Fund's Summary Section is deleted in its entirety and replaced with the following:

---

| | |
|:---|:---|
| **Portfolio Managers** |  |
| Justin Kass, CFA | David J. Oberto |
| Portfolio Manager (since 06/25) | Portfolio Manager (since 06/25) |
| Ethan Turner, CFA |  |
| Portfolio Manager (since 06/25) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;7.The line item with respect to Justin Kass, CFA in the table in the sub-section of the Prospectus entitled "Management of the Funds – Portfolio Management" in deleted in its entirety and replaced with the following:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; **Portfolio**<br>&nbsp;&nbsp; **Manager** | &nbsp;&nbsp; **Sub-**<br>&nbsp;&nbsp; **Adviser** | &nbsp;&nbsp; **Fund**<br>| &nbsp;&nbsp; **Recent Professional Experience**<br>|
| &nbsp;&nbsp; Justin | &nbsp;&nbsp; Voya IM | &nbsp;&nbsp; Voya High Yield Bond | &nbsp;&nbsp; Mr. Kass, Senior Managing Director, |
| &nbsp;&nbsp; Kass, |  | &nbsp;&nbsp; Fund | &nbsp;&nbsp; Portfolio Manager, is chief investment |
| &nbsp;&nbsp; CFA |  | &nbsp;&nbsp; Voya Short Duration | &nbsp;&nbsp; officer, co-head of income and growth at |
|  |  | &nbsp;&nbsp; High Income Fund | &nbsp;&nbsp; Voya IM. He joined the firm as part of |
|  |  |  | &nbsp;&nbsp; Voya's acquisition of Allianz Global |
|  |  |  | &nbsp;&nbsp; Investors U.S., where he was a portfolio |
|  |  |  | &nbsp;&nbsp; manager, managing director, CIO, and co- |
|  |  |  | &nbsp;&nbsp; head of the U.S. income and growth |
|  |  |  | &nbsp;&nbsp; strategies team with portfolio |
|  |  |  | &nbsp;&nbsp; management, research and trading |
|  |  |  | &nbsp;&nbsp; responsibilities for the income and |
|  |  |  | &nbsp;&nbsp; strategies team. Prior to that at Allianz |
|  |  |  | &nbsp;&nbsp; Global Investors U.S., Mr. Kass held |
|  |  |  | &nbsp;&nbsp; portfolio manager responsibilities for the |
|  |  |  | &nbsp;&nbsp; U.S. convertible strategy and was a lead |
|  |  |  | &nbsp;&nbsp; portfolio manager for the income and |
|  |  |  | &nbsp;&nbsp; growth strategy since its inception and |

---

![[image]](gkpqd2jzqtd0ismzfxyx7.jpg)

was also responsible for managing multiple closed- and open- end mutual funds.

&nbsp;&nbsp;&nbsp;&nbsp;8.The table in the sub-section of the Prospectus entitled "Management of the Funds – Portfolio Management" is amended to include the following:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; **Portfolio**<br>&nbsp;&nbsp; **Manager** | &nbsp;&nbsp; **Sub-**<br>&nbsp;&nbsp; **Adviser** | &nbsp;&nbsp; **Fund**<br>| &nbsp;&nbsp; **Recent Professional Experience**<br>|
| &nbsp;&nbsp; David J. | &nbsp;&nbsp; Voya IM | &nbsp;&nbsp; Voya High Yield Bond | &nbsp;&nbsp; Mr. Oberto, Portfolio Manager, joined |
| &nbsp;&nbsp; Oberto |  | &nbsp;&nbsp; Fund | &nbsp;&nbsp; Voya IM as part of Voya's acquisition of |
|  |  |  | &nbsp;&nbsp; Allianz Global Investors U.S., where he |
|  |  |  | &nbsp;&nbsp; was a portfolio manager and director with |
|  |  |  | &nbsp;&nbsp; portfolio management, research, and |
|  |  |  | &nbsp;&nbsp; trading responsibilities for the income and |
|  |  |  | &nbsp;&nbsp; growth strategies team. At Allianz Global |
|  |  |  | &nbsp;&nbsp; Investors U.S., he served as portfolio |
|  |  |  | &nbsp;&nbsp; manager for the U.S. High Yield Bond |
|  |  |  | &nbsp;&nbsp; strategy and was also responsible for |
|  |  |  | &nbsp;&nbsp; managing multiple closed-end and open- |
|  |  |  | &nbsp;&nbsp; end mutual funds. Prior to that, Mr. Oberto |
|  |  |  | &nbsp;&nbsp; was a portfolio administrator, a credit |
|  |  |  | &nbsp;&nbsp; default swaps account manager and a |
|  |  |  | &nbsp;&nbsp; trade-closer at Bain Capital. |
| &nbsp;&nbsp; Ethan | &nbsp;&nbsp; Voya IM | &nbsp;&nbsp; Voya High Yield Bond | &nbsp;&nbsp; Mr. Turner, Portfolio Manager, joined Voya |
| &nbsp;&nbsp; Turner, |  | &nbsp;&nbsp; Fund | &nbsp;&nbsp; IM as part of Voya's acquisition of Allianz |
| &nbsp;&nbsp; CFA |  |  | &nbsp;&nbsp; Global Investors U.S., where he was an |
|  |  |  | &nbsp;&nbsp; analyst and vice president with research |
|  |  |  | &nbsp;&nbsp; responsibilities for the income and growth |
|  |  |  | &nbsp;&nbsp; strategies team. Prior to Allianz Global |
|  |  |  | &nbsp;&nbsp; Investors U.S., he was a trading assistant. |
|  |  |  | &nbsp;&nbsp; Prior to that, Mr. Turner was a lead analyst |
|  |  |  | &nbsp;&nbsp; covering the financial sector at Relational |
|  |  |  | &nbsp;&nbsp; Investors and a financial analyst at |
|  |  |  | &nbsp;&nbsp; Sunstone Hotel Investors. |
| &nbsp;&nbsp; John | &nbsp;&nbsp; Voya IM | &nbsp;&nbsp; Voya GNMA Income | &nbsp;&nbsp; Mr. Zhang, Portfolio Manager, joined Voya |
| &nbsp;&nbsp; Zhang, |  | &nbsp;&nbsp; Fund | &nbsp;&nbsp; IM in 2022. He is a portfolio manager with |
| &nbsp;&nbsp; CFA, |  |  | &nbsp;&nbsp; the Agency Mortgage-Backed Securities |
| &nbsp;&nbsp; FRM |  |  | &nbsp;&nbsp; team at Voya IM. Prior to joining Voya, he |
|  |  |  | &nbsp;&nbsp; worked as an analyst at Blackrock, and |
|  |  |  | &nbsp;&nbsp; later as a portfolio analyst at Invesco. |

---

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**

------

![[image]](gn4bq30zym23h56949xou.jpg)

**VOYA FUNDS TRUST**

Voya GNMA Income Fund

Voya High Yield Bond Fund

(each, a "Fund" and together, the "Funds")

Supplement dated June 25, 2025

to the Funds' Class A, Class C, Class I, Class R, Class R6, and Class W Shares'

Statement of Additional Information, dated July 31, 2024, as supplemented (the "SAI")

Effective June 30, 2025: (1) Jeff Dutra, CFA is removed as a portfolio manager for Voya GNMA Income Fund ("GNMA Fund"); and (2) John Zhang, CFA is added as a portfolio manager for GNMA Fund.

Effective June 16, 2025: (1) Principal Investment Strategies and risks for Voya High Yield Bond Fund ("HYB Fund") are revised to allow HYB Fund to invest in convertible securities; (2) the secondary benchmark for HYB Fund is changed from Bloomberg High Yield Bond – 2% Issuer Constrained Composite Index to the ICE BofA U.S. High Yield Index; (3) Mohamed Basma, CFA and Randall Parrish, CFA are removed as portfolio managers for HYB Fund; and (4) Justin Kass, CFA, David J. Oberto, and Ethan Turner, CFA are added as portfolio managers for HYB Fund.

Effective June 30, 2025, the SAI for GNMA Fund is revised as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.All references to Jeff Dutra, CFA as a portfolio manager for GNMA Fund are deleted in their entirety.

Effective immediately, the SAI for HYB Fund is revised as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.All references to Mohamed Basma, CFA and Randall Parrish, CFA as portfolio managers for HYB Fund are deleted in their entirety.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.The line item with respect to Justin Kass, CFA in the table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – Other Accounts Managed" is deleted in its entirety and replaced with the following.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Registered Investment** | **Registered Investment** | **Other Pooled** | **Other Pooled** |  |  |
| | | **Companies** | **Companies** | **Investment Vehicles** | **Investment Vehicles** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Other Accounts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Other Accounts** |
| <br>&nbsp;&nbsp; **Portfolio**<br>&nbsp;&nbsp; **Manager** | <br>**Fund(s)** | **Number of**<br>**Accounts**<br>| **Total Assets**<br>| **Number**<br>**of**<br>**Accounts** | **Total Assets**<br>| **Number**<br>**of**<br>**Accounts** | **Total Assets**<br>|
| &nbsp;&nbsp; Justin | Voya High Yield | 11 | $9782814131 | 43 | $56585377874 | 12 | $1677184413 |
| &nbsp;&nbsp; Kass, | Bond Fund |  |  |  |  |  |  |
| &nbsp;&nbsp; CFA<sup>2</sup> | Voya Short |  |  |  |  |  |  |
|  | Duration High |  |  |  |  |  |  |
|  | Income Fund |  |  |  |  |  |  |

---

2As of March 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – Other Accounts Managed" is amended to include the following:

![[image]](gabn8uxapmrrdvicq7z9j.jpg)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Registered Investment** | **Registered Investment** | **Registered Investment** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Other Pooled** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Other Pooled** |  |  |  |
| | | **Companies** | **Companies** | **Companies** | **Investment Vehicles** | **Investment Vehicles** | **Investment Vehicles** | **Other Accounts** | **Other Accounts** |
| | | |  | | | &nbsp;&nbsp;&nbsp;&nbsp; **Total Assets** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Assets** | | |
| <br>&nbsp;&nbsp; **Portfolio**<br>&nbsp;&nbsp; **Manager** | <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fund(s)** | **Number of**<br>**Accounts**<br>|  | &nbsp;&nbsp; **Total Assets**<br>| **Number**<br>**of**<br>**Accounts** |  |  | &nbsp;&nbsp; **Number**<br>&nbsp;&nbsp; **of**<br>&nbsp;&nbsp; **Accounts** | **Total Assets**<br>|
| &nbsp;&nbsp; David J. | Voya High Yield | 9 |  | $8853252084 | 47 | $56171396699 | $56171396699 | &nbsp;&nbsp; 6 | $1177741984 |
| &nbsp;&nbsp; Oberto<sup>2</sup> | Bond Fund |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; Ethan | Voya High Yield | 10 |  | $9516147817 | 40 | $54420949069 | $54420949069 | &nbsp;&nbsp; 6 | $1177741984 |
| &nbsp;&nbsp; Turner, | Bond Fund |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; CFA<sup>2</sup> |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; John | Voya GNMA | 0 |  | $0 | 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $0 |  | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $0 |
| &nbsp;&nbsp; Zhang, | Income Fund |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; CFA, |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; FRM<sup>2</sup> |  |  |  |  |  |  |  |  |  |
| 2 As | of March 31, 2025. |  |  |  |  |  |  |  |  |
|  | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled | 5. The line items with respect to the Funds in the table in the sub-section of the SAI entitled |
|  | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their | "Sub-Advisers – Portfolio Management – Compensation – Voya IM" are deleted in their |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; entirety and replaced with the following: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; entirety and replaced with the following: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; entirety and replaced with the following: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; entirety and replaced with the following: |  |  |  |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fund** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Portfolio Manager** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Portfolio Manager** |  |  | **Benchmark** | **Benchmark** |
| &nbsp;&nbsp; Voya GNMA Income Fund | &nbsp;&nbsp; Voya GNMA Income Fund | &nbsp;&nbsp; Voya GNMA Income Fund | &nbsp;&nbsp; Justin McWhorter, CFA and John | &nbsp;&nbsp; Justin McWhorter, CFA and John | &nbsp;&nbsp; Justin McWhorter, CFA and John | &nbsp;&nbsp; Justin McWhorter, CFA and John | Bloomberg GNMA Index | Bloomberg GNMA Index | Bloomberg GNMA Index |
|  |  |  | &nbsp;&nbsp; Zhang, CFA, FRM | &nbsp;&nbsp; Zhang, CFA, FRM | &nbsp;&nbsp; Zhang, CFA, FRM |  |  |  |  |
| &nbsp;&nbsp; Voya High Yield Bond | &nbsp;&nbsp; Voya High Yield Bond | &nbsp;&nbsp; Voya High Yield Bond | &nbsp;&nbsp; Justin Kass, CFA; David J. Oberto; | &nbsp;&nbsp; Justin Kass, CFA; David J. Oberto; | &nbsp;&nbsp; Justin Kass, CFA; David J. Oberto; | &nbsp;&nbsp; Justin Kass, CFA; David J. Oberto; | ICE BofA U.S. High Yield | ICE BofA U.S. High Yield | ICE BofA U.S. High Yield |
| &nbsp;&nbsp; Fund | &nbsp;&nbsp; Fund |  | &nbsp;&nbsp; and Ethan Turner, CFA | &nbsp;&nbsp; and Ethan Turner, CFA | &nbsp;&nbsp; and Ethan Turner, CFA |  | Index |  |  |
|  | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – | 6. The table in the sub-section of the SAI entitled "Sub-Advisers – Portfolio Management – |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership of Securities" is amended to include the following: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership of Securities" is amended to include the following: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership of Securities" is amended to include the following: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership of Securities" is amended to include the following: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership of Securities" is amended to include the following: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership of Securities" is amended to include the following: |  |  |  |
|  | &nbsp;&nbsp;&nbsp; **Portfolio** | **Investment** | **Investment** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fund(s) Managed by the Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fund(s) Managed by the Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fund(s) Managed by the Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fund(s) Managed by the Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Dollar Range** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Dollar Range** |
|  | &nbsp;&nbsp;&nbsp; **Manager** | **Adviser or** | **Adviser or** |  | **Manager** | **Manager** |  | **of Fund** | **of Fund** |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Sub-** |  |  |  |  |  | **Shares** | **Shares** |
|  |  | **Adviser** | **Adviser** |  |  |  |  | **Owned** | **Owned** |
| &nbsp;&nbsp; Justin Kass, | &nbsp;&nbsp; Justin Kass, | Voya IM | Voya IM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | $100001- | $100001- |
| &nbsp;&nbsp; CFA<sup>11</sup> | &nbsp;&nbsp; CFA<sup>11</sup> |  |  |  |  |  |  | $50000 | $50000 |
| &nbsp;&nbsp; David J. | &nbsp;&nbsp; David J. | Voya IM | Voya IM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | $50001- | $50001- |
| &nbsp;&nbsp; Oberto<sup>11</sup> | &nbsp;&nbsp; Oberto<sup>11</sup> |  |  |  |  |  |  | $100000 | $100000 |
| &nbsp;&nbsp; Ethan Turner, | &nbsp;&nbsp; Ethan Turner, | Voya IM | Voya IM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya High Yield Bond Fund |  |  |
| &nbsp;&nbsp; CFA<sup>11</sup> | &nbsp;&nbsp; CFA<sup>11</sup> |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; John Zhang, | &nbsp;&nbsp; John Zhang, | Voya IM | Voya IM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya GNMA Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya GNMA Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya GNMA Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya GNMA Income Fund |  |  |
| &nbsp;&nbsp; CFA, FRM<sup>11</sup> | &nbsp;&nbsp; CFA, FRM<sup>11</sup> |  |  |  |  |  |  |  |  |

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11As of March 31, 2025.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**

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