Voya Investors Trust

11/05/2025 | Press release | Distributed by Public on 11/05/2025 13:55

Prospectus by Investment Company (Form 497)

VOYA INVESTORS TRUST

Voya Balanced Income Portfolio

VOYA PARTNERS, INC.

Voya International High Dividend Low Volatility Portfolio

VOYA VARIABLE PORTFOLIOS, INC.

Voya Global High Dividend Low Volatility Portfolio

Voya Index Plus LargeCap Portfolio

Voya Index Plus MidCap Plus Portfolio

Voya Index Plus SmallCap Portfolio

(collectively, the "Voya Index Plus Portfolios")

(each a "Portfolio" and collectively, the "Portfolios")

Supplement dated November 5, 2025 to the Portfolios' current

Prospectuses (each a "Prospectus" and collectively, the "Prospectuses")

each dated May 1, 2025

Effective October 31, 2025: (1) Justin Monminy, CFA was removed as a portfolio manager for the Portfolios; (2) Kai Yee Wong was added as a portfolio manager for Voya Balanced Income Portfolio; and (3)Russell Shtern, CFA and Steve Gao, PhD, CFA, FRM were added as portfolio managers for Voya Global High Dividend Low Volatility Portfolio, Voya International High Dividend Low Volatility Portfolio, and the Voya Index Plus Portfolios

I.Effective October 31, 2025, all references to Justin Montminy, CFA as a portfolio manager for the Portfolios are removed from the Prospectuses.

II.Effective October 31, 2025, the Prospectuses are revised as follows:

1.The sub-section of the Prospectus entitled "Portfolio Management - Portfolio Managers" in Voya Balanced Income Portfolio's Summary Section is deleted in its entirety and replaced with the following:

Portfolio Managers

Barbara Reinhard, CFA

Brian Timberlake, PhD, CFA

Portfolio Manager (since 05/23)

Portfolio Manager (since 05/19)

Leigh Todd, CFA

Kai Yee Wong

Portfolio Manager (since 10/22)

Portfolio Manager (since 10/25)

2.The sub-section of the Prospectus entitled "Portfolio Management - Portfolio Managers" in Voya International High Dividend Low Volatility Portfolio's Summary Section is deleted in its entirety and replaced with the following:

Portfolio Managers

Steve Gao, PhD, CFA, FRM

Russell Shtern, CFA

Portfolio Manager (since 10/25)

Portfolio Manager (since 10/25)

1

Kai Yee Wong

Portfolio Manager (since 05/19)

3.The sub-section of the Prospectus entitled "Portfolio Management - Portfolio Managers" in Voya Global High Dividend Low Volatility Portfolio's Summary Section is deleted in its entirety and replaced with the following:

Portfolio Managers

Steve Gao, PhD, CFA, FRM

Russell Shtern, CFA

Portfolio Manager (since 10/25)

Portfolio Manager (since 10/25)

Kai Yee Wong

Portfolio Manager (since 05/18)

4.The sub-section of the Prospectus entitled "Portfolio Management - Portfolio Managers" in Voya Index Plus LargeCap Portfolio's Summary Section is deleted in its entirety and replaced with the following:

Portfolio Managers

Steve Gao, PhD, CFA, FRM

Russell Shtern, CFA

Portfolio Manager (since 10/25)

Portfolio Manager (since 10/25)

Kai Yee Wong

Portfolio Manager (since 02/19)

5.The sub-section of the Prospectus entitled "Portfolio Management - Portfolio Managers" in Voya Index Plus MidCap Portfolio's Summary Sections is deleted in its entirety and replaced with the following:

Portfolio Managers

Steve Gao, PhD, CFA, FRM

Russell Shtern, CFA

Portfolio Manager (since 10/25)

Portfolio Manager (since 10/25)

Kai Yee Wong

Portfolio Manager (since 05/16)

6.The sub-section of the Prospectus entitled "Portfolio Management - Portfolio Managers" in Voya Index Plus SmallCap Portfolio's Summary Sections is deleted in its entirety and replaced with the following:

Portfolio Managers

Steve Gao, PhD, CFA, FRM

Russell Shtern, CFA

Portfolio Manager (since 10/25)

Portfolio Manager (since 10/25)

Kai Yee Wong

Portfolio Manager (since 05/16)

7.The table in the sub-section of the Prospectus for Voya Balanced Income Portfolio entitled "Management of the Portfolios - Portfolio Management" is amended to include the following:

2

Portfolio Manager

Investment Adviser or

Portfolio

Recent Professional

Sub-Adviser

Experience

Kai Yee Wong

Voya IM

Voya Balanced Income

Ms. Wong, Portfolio

Portfolio

Manager, joined Voya

Voya U.S. Stock Index

IM in 2012 and is

Portfolio

responsible for the

portfolio management of

the index, research

enhanced index, and

smart beta strategies.

Prior to that, she worked

as a senior equity

portfolio manager at

Northern Trust (2003-

2009) where she was

responsible for

managing various global

indices, including

developed, emerging,

real estate, Topix, and

socially responsible

benchmarks.

8.The table in the sub-section of the Prospectus for Voya International High Dividend Low Volatility Portfolio entitled "Management of the Portfolios - Portfolio Management" is amended to include the following:

Portfolio Manager

Investment Adviser or

Portfolio

Recent Professional

Sub-Adviser

Experience

Steve Gao, PhD, CFA,

Voya IM

Voya International

Mr. Gao, Portfolio

FRM

High Dividend Low

Manager, vice president

Volatility Fund

and quantitative analyst

on the quantitative

equity team at Voya

Investment

Management. Prior to

joining Voya, Mr. Gao

was a research analyst

on the US equity

strategy team at

Barclays, with a focus

on quantitative analysis

of US equities. Prior to

that, Mr. Gao worked at

Macquarie as a

quantitative equity

researcher. While at

Macquarie, Mr. Gao

conducted in-depth,

factor-related research

3

for asset managers.

Russell Shtern, CFA

Voya IM

Voya International

Mr. Shtern, Portfolio

High Dividend Low

Manager, joined Voya

Volatility Fund

IM in 2022. Prior to

joining Voya IM, he

served as a senior

portfolio manager at

Franklin Templeton's

Investment Solutions

group (2020-2022)

where he was

responsible for

managing smart beta and

active multi-factor

equity strategies. Prior to

that, Mr. Shtern was

head of equity portfolio

management and trading

and a member of the

global equity

management team for

QS Investors (a Legg

Mason affiliate), a

quantitative multi-asset

and equity manager

(2014-2020).

9.The table in the sub-section of the Prospectus for Voya Global High Dividend Low Volatility Portfolio and the Voya Index Plus Portfolios entitled "Management of the Portfolios - Portfolio Management" is amended to include the following:

Portfolio Manager

Investment Adviser or

Portfolio

Recent Professional

Sub-Adviser

Experience

Steve Gao, PhD, CFA,

Voya IM

Voya Global High

Mr. Gao, Portfolio

FRM

Dividend Low

Manager, vice president

Volatility Portfolio

and quantitative analyst

Voya Index Plus

on the quantitative

LargeCap Portfolio

equity team at Voya

Voya Index Plus

Investment

MidCap Portfolio

Management. Prior to

Voya Index Plus

joining Voya, Mr. Gao

SmallCap Portfolio

was a research analyst

on the US equity

strategy team at

Barclays, with a focus

on quantitative analysis

of US equities. Prior to

that, Mr. Gao worked at

Macquarie as a

quantitative equity

4

researcher. While at

Macquarie, Mr. Gao

conducted in-depth,

factor-related research

for asset managers.

Russell Shtern, CFA

Voya IM

Voya Global High

Mr. Shtern, Portfolio

Dividend Low

Manager, joined Voya

Volatility Portfolio

IM in 2022. Prior to

joining Voya IM, he

served as a senior

portfolio manager at

Franklin Templeton's

Investment Solutions

group (2020-2022)

where he was

responsible for

managing smart beta and

active multi-factor

equity strategies. Prior to

that, Mr. Shtern was

head of equity portfolio

management and trading

and a member of the

global equity

management team for

QS Investors (a Legg

Mason affiliate), a

quantitative multi-asset

and equity manager

(2014-2020).

PLEASE RETAIN THIS AMENDMENT FOR FUTURE REFERENCE


VOYA INVESTORS TRUST

Voya Balanced Income Portfolio

VOYA PARTNERS, INC.

Voya International High Dividend Low Volatility Portfolio

VOYA VARIABLE PORTFOLIOS, INC.

Voya Global High Dividend Low Volatility Portfolio

Voya Index Plus LargeCap Portfolio

Voya Index Plus MidCap Plus Portfolio

Voya Index Plus SmallCap Portfolio

(collectively, the "Voya Index Plus Portfolios")

(each a "Portfolio" and collectively, the "Portfolios")

Supplement dated November 5, 2025 to the Portfolios' current

Statements of Additional Information (each, an "SAI" and, collectively, the "SAIs")

each dated May 1, 2025

Effective October 31, 2025: (1) Justin Monminy, CFA was removed as a portfolio manager for the Portfolios; (2) Kai Yee Wong was added as a portfolio manager for Voya Balanced Income Portfolio; and (3)Russell Shtern, CFA and Steve Gao, PhD, CFA, FRM were added as portfolio managers for Voya Global High Dividend Low Volatility Portfolio, Voya International High Dividend Low Volatility Portfolio, and the Voya Index Plus Portfolio.

I.Effective October 31, 2025, all references to Justin Montminy, CFA as a portfolio manager for the Portfolios are removed from the SAIs.

II.Effective October 31, 2025, the SAIs are revised as follows:

Voya Balanced Income Portfolio

1.The table in the sub-section of the SAI entitled "Portfolio Management - Other Accounts Managed - Voya IM" is amended to include the following:

Registered Investment

Other Pooled Investment

Other Accounts

Portfolio

Companies

Vehicles

Number of

Total Assets

Number of

Total Assets

Number of

Total Assets

Manager

Fund(s)

Accounts

Accounts

Accounts

Kai Yee

Voya

34

$24,551,456,367

0

$0

3

$488,953,529

Wong5

Balanced

Income

Portfolio

Voya U.S.

Stock Index

Portfolio

5

As of August 31, 2025.

2.The line item with respect to Voya Balanced Income Portfolio in the table in the sub-section of the SAI entitled "Portfolio Management - Compensation - Voya IM" are deleted in their entirety and replaced with the following:

1

Portfolio

Portfolio Manager

Benchmark

Voya Balanced Income Portfolio

Barbara Reinhard, CFA; Brian

60% Bloomberg U.S. Aggregate

Timberlake, PhD, CFA; Leigh

Bond Index; 30% Russell 1000®

Todd, CFA; and Kai Yee

Index; 10% MSCI EAFE® Index

Wong

3.The table in the sub-section of the SAI entitled "Portfolio Management - Ownership of Securities" is amended to include the following:

Portfolio Manager

Investment Adviser or

Fund(s) Managed by the

Dollar Range of Fund

Sub-Adviser

Portfolio Manager

Shares Owned

Kai Yee Wong3

Voya IM

Voya Balanced Income

None

Portfolio

Voya U.S. Stock Index

Portfolio

3 As of August 31, 2025.

Voya International High Dividend Low Volatility Portfolio

1.The table in the sub-section of the SAI entitled "Portfolio Management - Other Accounts Managed - Voya IM" is amended to include the following:

Registered Investment

Other Pooled Investment

Other Accounts

Companies

Vehicles

Number

Total Assets

Number

Total Assets

Number

Total Assets

Portfolio

of

of

of

Manager

Fund(s)

Accounts

Accounts

Accounts

Steve Gao,

Voya

0

$0

0

$0

0

$0

PhD, CFA,

International

FRM2

High Dividend

Low Volatility

Portfolio

Russell

Voya

2

$381,820,027

1

$1,533

8

$7,873,332

Shtern, CFA2

International

High Dividend

Low Volatility

Portfolio

2 As of August 31, 2025.

2. The line item with respect to Voya International High Dividend Low Volatility Portfolio in the table in the sub-section of the SAI entitled "Portfolio Management - Compensation - Voya IM" is deleted in its entirety and replaced with the following:

Portfolio

Portfolio Manager

Benchmark

Voya International High Dividend Low

Steve Gao, PhD, CFA, FRM and Russell

MSCI ACWI ex USA

Volatility Portfolio

Shtern, CFA and Kai Yee Wong

IndexSM

3. The table in the sub-section of the SAI entitled "Portfolio Management - Ownership of Securities" is amended to include the following:

2

Portfolio Manager

Investment Adviser or

Fund(s) Managed by the

Dollar Range of Fund

Sub-Adviser

Portfolio Manager

Shares Owned

Steve Gao, PhD, CFA,

Voya IM

Voya International High

None

FRM1

Dividend Low Volatility

Portfolio

Russell Shtern, CFA1

Voya IM

Voya International High

None

Dividend Low Volatility

Portfolio

1 As of August 31, 2025.

Voya Global High Dividend Low Volatility Portfolio and the Voya Index Plus Portfolios

1.The table in the sub-section of the SAI entitled "Portfolio Management - Other Accounts Managed - Voya IM" is amended to include the following:

Registered Investment

Other Pooled Investment

Other Accounts

Companies

Vehicles

Number

Total Assets

Number

Total Assets

Number

Total Assets

Portfolio

of

of

of

Manager

Fund(s)

Accounts

Accounts

Accounts

Steve Gao,

Voya Global

0

$0

0

$0

0

$0

PhD, CFA,

High Dividend

FRM2

Low Volatility

Portfolio

Voya Index Plus

LargeCap

Portfolio

Voya Index Plus

MidCap Portfolio

Voya Index Plus

SmallCap

Portfolio

Russell

Voya Global

2

$381,820,027

1

$1,533

8

$7,873,332

Shtern,

High Dividend

CFA2

Low Volatility

Portfolio

Voya Index Plus

LargeCap

Portfolio

Voya Index Plus

MidCap Portfolio

Voya Index Plus

SmallCap

Portfolio

Voya Small

Company

Portfolio

2 As of August 31, 2025.

2.The line items with respect to the Voya Global High Dividend Low Volatility Portfolio and the Voya Index Plus Portfolios in the table in the sub-section of the SAI entitled "Portfolio

3

Management - Compensation - Voya IM" are deleted in their entirety and replaced with the following:

Portfolio

Portfolio Manager

Benchmark

Voya Global High Dividend Low

Steve Gao, PhD, CFA, FRM

MSCI World Value IndexSM

Volatility Portfolio

and Russell Shtern, CFA and

Kai Yee Wong

Voya Index Plus LargeCap Portfolio

Steve Gao, PhD, CFA, FRM

S&P 500® Index

and Russell Shtern, CFA and

Kai Yee Wong

Voya Index Plus MidCap Portfolio

Steve Gao, PhD, CFA, FRM

S&P MidCap 400® Index

and Russell Shtern, CFA and

Kai Yee Wong

Voya Index Plus SmallCap Portfolio

Steve Gao, PhD, CFA, FRM

S&P SmallCap 600® Index

and Russell Shtern, CFA and

Kai Yee Wong

3.The table in the sub-section of the SAI entitled "Portfolio Management - Ownership of Securities" is amended to include the following:

Portfolio Manager

Investment Adviser or

Fund(s) Managed by the

Dollar Range of Fund

Sub-Adviser

Portfolio Manager

Shares Owned

Steve Gao, PhD, CFA, FRM1

Voya IM

Voya Global High Dividend

None

Low Volatility Portfolio

Voya Index Plus LargeCap

None

Portfolio

Voya Index Plus MidCap

None

Portfolio

Voya Index Plus SmallCap

None

Portfolio

Russell Shtern, CFA1

Voya Global High Dividend

None

Low Volatility Portfolio

Voya Index Plus LargeCap

None

Portfolio

Voya Index Plus MidCap

None

Portfolio

Voya Index Plus SmallCap

None

Portfolio

1 As of August 31, 2025.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE


Voya Investors Trust published this content on November 05, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on November 05, 2025 at 19:55 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]