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Adviser Profile

As of Date 08/08/2024
Adviser Type - Large advisory firm
- An investment adviser (or subadviser) to an investment company
Number of Employees 121 -10.37%
of those in investment advisory functions 70
Registration SEC, Approved, 02/07/1995
AUM* 57,786,360,253 8.53%
of that, discretionary 57,786,360,253 8.53%
Private Fund GAV* 0 -100.00%
Avg Account Size 837,483,482 2.24%
SMA’s No
Private Funds 0 4
Contact Info 480 xxxxxxx
Websites

Client Types

- Investment companies

Advisory Activities

- Portfolio management for investment companies
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management

Reported AUM

Discretionary
Non-discretionary
97B 83B 69B 56B 42B 28B 14B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Brochure Summary

Overview

VIL, an Arizona limited liability company, is wholly-owned by Voya Funds Services, LLC (“VFS”). VFS is wholly-owned by Voya Capital, LLC, which in turn is a wholly-owned subsidiary of Voya Investment Management LLC ("Voya IM LLC"), which in turn is a wholly owned subsidiary of VIM Holdings LLC, a Delaware limited liability company. Voya Financial, Inc., a publicly traded company, holds a 76% economic stake in VIM Holdings LLC through its subsidiary Voya Holdings Inc. As of July 25, 2022, Allianz SE, a stock corporation organized and existing under the laws of the European Union and the Federal Republic of Germany, holds an indirect 24% economic stake in VIM Holdings LLC as a result of a transaction combining Voya IM LLC with the assets and teams comprising specified transferred strategies formerly managed by Allianz Global Investors U.S. LLC. VIL is registered with the SEC as an investment adviser. It serves as an investment adviser for certain registered investment companies, consisting of open- and closed-end registered investment companies (each a “Fund” and collectively, the “Funds”). The predecessor of VIL, ING Pilgrim Investments, Inc. began business as an investment adviser on December 27, 1994. On February 23, 2001, the name of the investment adviser changed from “Pilgrim Investments, Inc.” to “ING Pilgrim Investments, LLC.” On February 26, 2002, the name of the investment adviser was changed from “ING Pilgrim Investments, LLC” to “ING Investments, LLC.” On May 1, 2014, the name of VIL was changed from “ING Investments, LLC” to “Voya Investments, LLC.” The overwhelming majority of assets managed by VIL are discretionary in nature, although from time to time non-discretionary mandates will be accepted. As of December 31, 2023, VIL managed $57,786,360,253 in discretionary assets and $0 in non- discretionary assets. INVESTMENT AUTHORITY For the majority
of its clients, VIL’s primary role is to function as a Manager-of-Managers. As such, while retaining overall investment oversight, VIL generally hires other registered investment advisers (the “Sub-Advisers”) to perform the day-to-day asset management services in a sub-advisory capacity. VIL then oversees the provision of these sub-advisory services. Under this structure, trading on behalf of the clients is substantially executed by the Sub-Advisers, subject to VIL’s oversight, although in certain circumstances VIL will itself exercise direct authority over purchases and sales for all or a portion of a Fund. As a Manager-of Managers, VIL provides numerous services to its clients, including, among other services: developing investment programs for certain clients’ portfolios; researching, negotiating with, selecting and removing the Sub- Advisers of such clients (subject to approval of such client’s board of directors/trustees); monitoring the Sub-Advisers’ performance and adherence to their investment policies and/or procedures; monitoring the Sub-Advisers’ compliance with legal and regulatory requirements; and facilitating the contract renewal process with such client’s board of directors/trustees. In addition, even where VIL currently acts as Manager-of-Managers, should the need arise, VIL can act in a traditional asset management role. With respect to certain Voya funds that are managed by multiple Sub-Advisers (the “Multi-Managed Funds”), in addition to allocating Fund assets to such Sub-Advisers, VIL will, from time to time, manage a portion of the Funds’ assets to seek to manage the Funds’ overall exposure to achieve the Funds’ desired risk/return profile and to effect the Funds’ investment strategies. Under certain circumstances, VIL will also directly invest in futures and exchange-traded funds to implement its investment process for the Multi-Managed Funds. ITEM 5