11/05/2025 | Press release | Distributed by Public on 11/05/2025 13:55
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 |
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|
the index, research |
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|
enhanced index, and |
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|
smart beta strategies. |
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|
Prior to that, she worked |
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as a senior equity |
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|
portfolio manager at |
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Northern Trust (2003- |
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|
2009) where she was |
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responsible for |
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|
managing various global |
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indices, including |
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|
developed, emerging, |
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|
real estate, Topix, and |
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|
socially responsible |
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|
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