Voya Balanced Income Portfolio (IIFIX) Diversifiers

The investment seeks to maximize income while maintaining prospects for capital appreciation. Under normal market conditions, the manager intends to invest approximately 60% of its assets in debt securities and approximately 40% of its assets in equity securities ("Target Allocation"). The Portfolio may also invest in derivatives, including options, futures, index futures, swaps (including interest rate swaps, total return swaps, and credit default swaps), and currency forwards, as a substitute for taking a position in an underlying asset, to make tactical asset allocations, to seek to minimize risk, to enhance returns, and/or assist in managing cash.