VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) |
Principal Amount† | Value | Percentage of Net Assets | |||
CORPORATE BONDS/NOTES: 22.3% | |||||
Basic Materials: 0.3% | |||||
284,000 | (1) | Anglo American Capital PLC, 4.500%, 03/15/2028 | $ | 273,642 | 0.1 |
114,000 | DuPont de Nemours, Inc., 4.493%, 11/15/2025 | 113,910 | 0.1 | ||
4,000 | Ecolab, Inc., 2.700%, 12/15/2051 | 2,664 | 0.0 | ||
49,000 | (1) | Georgia-Pacific LLC, 0.625%, 05/15/2024 | 46,689 | 0.0 | |
65,000 | Glencore Funding LLC, 3.875%, 10/27/2027 | 61,726 | 0.0 | ||
170,000 | Nucor Corp., 4.300%, 05/23/2027 | 167,158 | 0.1 | ||
665,789 | 0.3 | ||||
Communications: 2.0% | |||||
148,000 | Amazon.com, Inc., 2.500%, 06/03/2050 | 100,441 | 0.0 | ||
145,000 | Amazon.com, Inc., 4.700%, 12/01/2032 | 148,731 | 0.1 | ||
33,000 | AT&T, Inc., 2.250%, 02/01/2032 | 26,992 | 0.0 | ||
450,000 | AT&T, Inc., 2.550%, 12/01/2033 | 362,210 | 0.2 | ||
64,000 | AT&T, Inc., 3.500%, 06/01/2041 | 50,564 | 0.0 | ||
177,000 | AT&T, Inc., 3.650%, 09/15/2059 | 126,708 | 0.1 | ||
85,000 | AT&T, Inc., 3.850%, 06/01/2060 | 63,813 | 0.0 | ||
348,000 | AT&T, Inc., 4.300%, 02/15/2030 | 338,276 | 0.1 | ||
28,000 | AT&T, Inc., 4.500%, 05/15/2035 | 26,243 | 0.0 | ||
20,000 | Charter Communications Operating LLC / Charter Communications Operating Capital, 3.850%, 04/01/2061 | 12,495 | 0.0 | ||
258,000 | Charter Communications Operating LLC / Charter Communications Operating Capital, 3.950%, 06/30/2062 | 163,801 | 0.1 | ||
588,000 | Charter Communications Operating LLC / Charter Communications Operating Capital, 5.750%, 04/01/2048 | 508,040 | 0.2 | ||
212,000 | Comcast Corp., 2.887%, 11/01/2051 | 144,915 | 0.1 | ||
357,000 | Comcast Corp., 3.400%, 04/01/2030 | 333,961 | 0.1 | ||
74,000 | Comcast Corp., 5.500%, 11/15/2032 | 78,971 | 0.0 | ||
55,000 | (1) | Cox Communications, Inc., 3.600%, 06/15/2051 | 39,545 | 0.0 | |
74,000 | eBay, Inc., 1.400%, 05/10/2026 | 67,267 | 0.0 | ||
155,000 | FactSet Research Systems, Inc., 3.450%, 03/01/2032 | 135,343 | 0.1 | ||
110,000 | Meta Platforms, Inc., 4.450%, 08/15/2052 | 96,897 | 0.0 | ||
483,000 | Motorola Solutions, Inc., 2.750%, 05/24/2031 | 399,173 | 0.2 | ||
122,000 | Motorola Solutions, Inc., 5.500%, 09/01/2044 | 115,974 | 0.1 | ||
118,000 | Motorola Solutions, Inc., 5.600%, 06/01/2032 | 118,770 | 0.1 | ||
57,000 | Paramount Global, 4.375%, 03/15/2043 | 40,557 | 0.0 | ||
243,000 | (1) | Rogers Communications, Inc., 3.800%, 03/15/2032 | 218,310 | 0.1 | |
23,000 | (1) | Rogers Communications, Inc., 4.550%, 03/15/2052 | 18,939 | 0.0 | |
10,000 | T-Mobile USA, Inc., 2.050%, 02/15/2028 | 8,877 | 0.0 | ||
269,000 | T-Mobile USA, Inc., 3.750%, 04/15/2027 | 258,754 | 0.1 | ||
121,000 | Verizon Communications, Inc., 1.750%, 01/20/2031 | 97,650 | 0.0 | ||
478,000 | Verizon Communications, Inc., 2.100%, 03/22/2028 | 425,992 | 0.2 | ||
386,000 | Verizon Communications, Inc., 2.550%, 03/21/2031 | 328,996 | 0.1 | ||
97,000 | Verizon Communications, Inc., 4.862%, 08/21/2046 | 92,441 | 0.0 | ||
4,949,646 | 2.0 | ||||
Consumer, Cyclical: 1.1% | |||||
264,000 | General Motors Financial Co., Inc., 1.250%, 01/08/2026 | 237,835 | 0.1 | ||
79,000 | General Motors Financial Co., Inc., 2.750%, 06/20/2025 | 74,839 | 0.0 | ||
55,000 | General Motors Financial Co., Inc., 4.300%, 04/06/2029 | 51,172 | 0.0 | ||
2,500,000 | (1) | Hyundai Capital America, 2.650%, 02/10/2025 | 2,385,599 | 0.9 | |
184,000 | Lowe's Cos, Inc., 1.700%, 09/15/2028 | 159,266 | 0.1 | ||
2,908,711 | 1.1 | ||||
Consumer, Non-cyclical: 2.8% | |||||
460,000 | AbbVie, Inc., 4.500%, 05/14/2035 | 446,158 | 0.2 | ||
114,000 | Altria Group, Inc., 2.450%, 02/04/2032 | 89,825 | 0.0 | ||
209,000 | Altria Group, Inc., 3.400%, 02/04/2041 | 148,024 | 0.1 | ||
300,000 | Amgen, Inc., 4.050%, 08/18/2029 | 289,678 | 0.1 | ||
115,000 | Amgen, Inc., 5.150%, 03/02/2028 | 117,479 | 0.1 | ||
90,000 | Amgen, Inc., 5.650%, 03/02/2053 | 93,754 | 0.0 | ||
90,000 | Amgen, Inc., 5.750%, 03/02/2063 | 93,494 | 0.0 | ||
153,000 | BAT Capital Corp., 4.540%, 08/15/2047 | 114,142 | 0.1 | ||
387,000 | BAT International Finance PLC, 1.668%, 03/25/2026 | 352,412 | 0.1 | ||
85,000 | Becton Dickinson & Co., 4.693%, 02/13/2028 | 85,400 | 0.0 | ||
150,000 | BHSH System Obligated Group, 3.487%, 07/15/2049 | 115,813 | 0.1 | ||
31,000 | Boston Scientific Corp., 2.650%, 06/01/2030 | 27,409 | 0.0 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
225,000 | CommonSpirit Health, 2.782%, 10/01/2030 | 191,384 | 0.1 | ||
300,000 | CommonSpirit Health, 3.817%, 10/01/2049 | 234,880 | 0.1 | ||
230,000 | CVS Health Corp., 1.300%, 08/21/2027 | 200,385 | 0.1 | ||
177,000 | CVS Health Corp., 4.250%, 04/01/2050 | 148,102 | 0.1 | ||
165,000 | Elevance Health, Inc., 6.100%, 10/15/2052 | 184,357 | 0.1 | ||
20,000 | Eli Lilly & Co., 4.875%, 02/27/2053 | 20,703 | 0.0 | ||
20,000 | Eli Lilly & Co., 4.950%, 02/27/2063 | 20,602 | 0.0 | ||
300,000 | Franciscan Missionaries of Our Lady Health System, Inc., 3.914%, 07/01/2049 | 233,940 | 0.1 | ||
215,000 | (1) | GE HealthCare Technologies, Inc., 5.600%, 11/15/2025 | 217,721 | 0.1 | |
287,000 | Gilead Sciences, Inc., 2.600%, 10/01/2040 | 211,879 | 0.1 | ||
23,000 | Global Payments, Inc., 2.150%, 01/15/2027 | 20,398 | 0.0 | ||
106,000 | Global Payments, Inc., 2.900%, 05/15/2030 | 89,850 | 0.0 | ||
427,000 | Global Payments, Inc., 3.200%, 08/15/2029 | 375,988 | 0.2 | ||
76,000 | (1) | HCA, Inc., 3.625%, 03/15/2032 | 67,067 | 0.0 | |
22,000 | HCA, Inc., 5.250%, 04/15/2025 | 22,000 | 0.0 | ||
640,000 | HCA, Inc., 5.250%, 06/15/2026 | 640,951 | 0.3 | ||
307,000 | HCA, Inc., 5.375%, 02/01/2025 | 307,326 | 0.1 | ||
92,000 | Humana, Inc., 1.350%, 02/03/2027 | 80,845 | 0.0 | ||
103,000 | Humana, Inc., 5.750%, 03/01/2028 | 107,049 | 0.0 | ||
150,000 | Kaiser Foundation Hospitals, 3.002%, 06/01/2051 | 105,732 | 0.0 | ||
40,000 | (1) | Kenvue, Inc., 5.200%, 03/22/2063 | 41,488 | 0.0 | |
80,000 | Moody's Corp., 3.100%, 11/29/2061 | 53,151 | 0.0 | ||
119,000 | Moody's Corp., 4.250%, 08/08/2032 | 114,697 | 0.1 | ||
175,000 | Mount Nittany Medical Center Obligated Group, 3.799%, 11/15/2052 | 137,435 | 0.1 | ||
104,000 | Philip Morris International, Inc., 1.500%, 05/01/2025 | 97,331 | 0.0 | ||
280,000 | Philip Morris International, Inc., 4.875%, 02/15/2028 | 282,780 | 0.1 | ||
77,000 | RELX Capital, Inc., 3.000%, 05/22/2030 | 68,844 | 0.0 | ||
100,000 | S&P Global, Inc., 1.250%, 08/15/2030 | 80,333 | 0.0 | ||
20,000 | S&P Global, Inc., 2.450%, 03/01/2027 | 18,770 | 0.0 | ||
4,000 | S&P Global, Inc., 3.900%, 03/01/2062 | 3,328 | 0.0 | ||
131,000 | Shire Acquisitions Investments Ireland DAC, 3.200%, 09/23/2026 | 124,714 | 0.1 | ||
206,000 | Takeda Pharmaceutical Co. Ltd., 2.050%, 03/31/2030 | 174,024 | 0.1 | ||
103,000 | Thermo Fisher Scientific, Inc., 2.000%, 10/15/2031 | 85,933 | 0.0 | ||
40,000 | Thermo Fisher Scientific, Inc., 4.950%, 11/21/2032 | 41,541 | 0.0 | ||
248,000 | UnitedHealth Group, Inc., 2.900%, 05/15/2050 | 175,966 | 0.1 | ||
30,000 | Verisk Analytics, Inc., 5.750%, 04/01/2033 | 31,519 | 0.0 | ||
6,986,601 | 2.8 | ||||
Energy: 3.0% | |||||
177,000 | BP Capital Markets America, Inc., 4.812%, 02/13/2033 | 179,789 | 0.1 | ||
254,000 | (1) | Cameron LNG LLC, 3.302%, 01/15/2035 | 218,833 | 0.1 | |
9,000 | (1) | Cameron LNG LLC, 3.402%, 01/15/2038 | 7,770 | 0.0 | |
108,000 | Cenovus Energy, Inc./CA, 3.750%, 02/15/2052 | 78,799 | 0.0 | ||
102,000 | Cheniere Corpus Christi Holdings LLC, 3.700%, 11/15/2029 | 94,030 | 0.0 | ||
479,000 | Cheniere Corpus Christi Holdings LLC, 5.125%, 06/30/2027 | 479,635 | 0.2 | ||
384,000 | Cheniere Energy Partners L.P., 3.250%, 01/31/2032 | 317,603 | 0.1 | ||
130,000 | Cheniere Energy Partners L.P., 4.000%, 03/01/2031 | 115,827 | 0.1 | ||
248,000 | Cheniere Energy Partners L.P., 4.500%, 10/01/2029 | 230,627 | 0.1 | ||
10,000 | Devon Energy Corp., 4.500%, 01/15/2030 | 9,560 | 0.0 | ||
94,000 | Devon Energy Corp., 4.750%, 05/15/2042 | 81,955 | 0.0 | ||
44,000 | Devon Energy Corp., 5.250%, 10/15/2027 | 44,029 | 0.0 | ||
2,000 | Devon Energy Corp., 5.875%, 06/15/2028 | 2,038 | 0.0 | ||
60,000 | Devon Energy Corp., 8.250%, 08/01/2023 | 60,259 | 0.0 | ||
215,000 | Diamondback Energy, Inc., 3.125%, 03/24/2031 | 186,577 | 0.1 | ||
379,000 | Diamondback Energy, Inc., 3.250%, 12/01/2026 | 359,341 | 0.2 | ||
1,295,000 | Diamondback Energy, Inc., 3.500%, 12/01/2029 | 1,184,825 | 0.5 | ||
29,000 | Diamondback Energy, Inc., 4.400%, 03/24/2051 | 23,388 | 0.0 | ||
116,000 | Enbridge, Inc., 5.700%, 03/08/2033 | 120,726 | 0.1 | ||
17,000 | Energy Transfer L.P., 3.900%, 05/15/2024 | 16,648 | 0.0 | ||
105,000 | Energy Transfer L.P., 4.000%, 10/01/2027 | 100,162 | 0.0 | ||
306,000 | Energy Transfer L.P., 5.000%, 05/15/2050 | 261,657 | 0.1 | ||
579,000 | Energy Transfer L.P., 5.500%, 06/01/2027 | 585,732 | 0.2 | ||
108,000 | Energy Transfer L.P., 5.750%, 02/15/2033 | 110,727 | 0.1 | ||
106,000 | Energy Transfer L.P., 6.250%, 04/15/2049 | 105,216 | 0.1 | ||
115,000 | Enterprise Products Operating LLC, 3.300%, 02/15/2053 | 83,404 | 0.0 | ||
264,000 | Kinder Morgan, Inc., 3.600%, 02/15/2051 | 187,465 | 0.1 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
156,000 | Kinder Morgan, Inc., 5.200%, 06/01/2033 | 155,104 | 0.1 | ||
92,000 | MPLX L.P., 5.000%, 03/01/2033 | 90,076 | 0.0 | ||
25,000 | MPLX L.P., 5.650%, 03/01/2053 | 24,095 | 0.0 | ||
96,000 | (1) | NGPL PipeCo LLC, 3.250%, 07/15/2031 | 81,563 | 0.0 | |
75,000 | Phillips 66, 4.950%, 12/01/2027 | 75,369 | 0.0 | ||
75,000 | Pioneer Natural Resources Co., 5.100%, 03/29/2026 | 75,351 | 0.0 | ||
353,000 | Sabine Pass Liquefaction LLC, 5.000%, 03/15/2027 | 352,012 | 0.1 | ||
240,000 | Targa Resources Partners L.P. / Targa Resources Partners Finance Corp., 4.875%, 02/01/2031 | 224,819 | 0.1 | ||
56,000 | Targa Resources Partners L.P. / Targa Resources Partners Finance Corp., 6.875%, 01/15/2029 | 57,130 | 0.0 | ||
438,000 | (1) | Texas Eastern Transmission L.P., 3.500%, 01/15/2028 | 412,176 | 0.2 | |
782,000 | Transcontinental Gas Pipe Line Co. LLC, 7.850%, 02/01/2026 | 838,137 | 0.3 | ||
35,000 | Western Midstream Operating L.P., 6.150%, 04/01/2033 | 35,518 | 0.0 | ||
20,000 | Williams Cos, Inc./The, 5.300%, 08/15/2052 | 18,911 | 0.0 | ||
7,686,883 | 3.0 | ||||
Financial: 6.7% | |||||
30,000 | American International Group, Inc., 4.375%, 06/30/2050 | 25,669 | 0.0 | ||
10,000 | American Tower Corp., 2.100%, 06/15/2030 | 8,177 | 0.0 | ||
189,000 | American Tower Corp., 3.550%, 07/15/2027 | 178,232 | 0.1 | ||
307,000 | American Tower Corp., 3.800%, 08/15/2029 | 285,550 | 0.1 | ||
484,000 | Aon Corp., 2.800%, 05/15/2030 | 428,083 | 0.2 | ||
217,000 | Aon Corp. / Aon Global Holdings PLC, 5.350%, 02/28/2033 | 225,007 | 0.1 | ||
444,000 | (2) | Bank of America Corp., 0.523%, 06/14/2024 | 439,569 | 0.2 | |
25,000 | (2) | Bank of America Corp., 1.898%, 07/23/2031 | 20,064 | 0.0 | |
838,000 | (2) | Bank of America Corp., 2.299%, 07/21/2032 | 675,977 | 0.3 | |
1,064,000 | (2) | Bank of America Corp., 2.551%, 02/04/2028 | 968,824 | 0.4 | |
193,000 | (2) | Bank of America Corp., 2.572%, 10/20/2032 | 157,875 | 0.1 | |
88,000 | (2) | Bank of America Corp., 2.687%, 04/22/2032 | 73,493 | 0.0 | |
24,000 | (2) | Bank of America Corp., 3.974%, 02/07/2030 | 22,455 | 0.0 | |
200,000 | (2) | Barclays PLC, 5.746%, 08/09/2033 | 196,137 | 0.1 | |
184,000 | (2) | Capital One Financial Corp., 3.273%, 03/01/2030 | 156,916 | 0.1 | |
55,000 | (2) | Capital One Financial Corp., 5.817%, 02/01/2034 | 53,198 | 0.0 | |
31,000 | (2) | Citigroup, Inc., 0.776%, 10/30/2024 | 30,143 | 0.0 | |
594,000 | (2) | Citigroup, Inc., 2.561%, 05/01/2032 | 493,206 | 0.2 | |
302,000 | (2) | Citigroup, Inc., 2.666%, 01/29/2031 | 257,968 | 0.1 | |
31,000 | (2) | Citigroup, Inc., 2.976%, 11/05/2030 | 27,166 | 0.0 | |
80,000 | (2) | Citigroup, Inc., 3.057%, 01/25/2033 | 67,760 | 0.0 | |
72,000 | (1) | Corebridge Global Funding, 0.450%, 12/08/2023 | 69,523 | 0.0 | |
260,000 | Credit Suisse AG/New York NY, 3.700%, 02/21/2025 | 247,112 | 0.1 | ||
300,000 | Credit Suisse AG/New York NY, 7.500%, 02/15/2028 | 318,750 | 0.1 | ||
53,000 | Crown Castle, Inc., 1.350%, 07/15/2025 | 48,854 | 0.0 | ||
326,000 | Crown Castle, Inc., 2.100%, 04/01/2031 | 266,559 | 0.1 | ||
247,000 | Crown Castle, Inc., 2.250%, 01/15/2031 | 204,836 | 0.1 | ||
55,000 | Crown Castle, Inc., 2.900%, 03/15/2027 | 51,084 | 0.0 | ||
27,000 | Crown Castle, Inc., 3.150%, 07/15/2023 | 26,835 | 0.0 | ||
118,000 | Crown Castle, Inc., 3.700%, 06/15/2026 | 113,829 | 0.1 | ||
545,000 | Crown Castle, Inc., 3.800%, 02/15/2028 | 517,585 | 0.2 | ||
200,000 | (2) | Deutsche Bank AG/New York NY, 6.720%, 01/18/2029 | 198,763 | 0.1 | |
27,000 | Equinix, Inc., 2.150%, 07/15/2030 | 22,093 | 0.0 | ||
435,000 | Equinix, Inc., 3.200%, 11/18/2029 | 388,604 | 0.2 | ||
477,000 | GLP Capital L.P. / GLP Financing II, Inc., 3.250%, 01/15/2032 | 387,448 | 0.2 | ||
30,000 | GLP Capital L.P. / GLP Financing II, Inc., 4.000%, 01/15/2031 | 25,761 | 0.0 | ||
189,000 | GLP Capital L.P. / GLP Financing II, Inc., 5.300%, 01/15/2029 | 180,518 | 0.1 | ||
386,000 | (2) | Goldman Sachs Group, Inc./The, 1.431%, 03/09/2027 | 345,761 | 0.1 | |
141,000 | (2) | Goldman Sachs Group, Inc./The, 1.757%, 01/24/2025 | 136,517 | 0.1 | |
959,000 | (2) | Goldman Sachs Group, Inc./The, 1.992%, 01/27/2032 | 766,747 | 0.3 | |
32,000 | (2) | Goldman Sachs Group, Inc./The, 2.615%, 04/22/2032 | 26,676 | 0.0 | |
295,000 | (2) | Goldman Sachs Group, Inc./The, 2.640%, 02/24/2028 | 269,362 | 0.1 | |
44,000 | (2) | Goldman Sachs Group, Inc./The, 2.650%, 10/21/2032 | 36,385 | 0.0 | |
200,000 | (2) | HSBC Holdings PLC, 2.251%, 11/22/2027 | 177,595 | 0.1 | |
235,000 | (2) | HSBC Holdings PLC, 5.402%, 08/11/2033 | 232,458 | 0.1 | |
123,000 | Intercontinental Exchange, Inc., 2.100%, 06/15/2030 | 104,020 | 0.0 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
41,000 | Invitation Homes Operating Partnership L.P., 2.300%, 11/15/2028 | 34,414 | 0.0 | ||
31,000 | Invitation Homes Operating Partnership L.P., 4.150%, 04/15/2032 | 27,818 | 0.0 | ||
21,000 | (2) | JPMorgan Chase & Co., 1.040%, 02/04/2027 | 18,761 | 0.0 | |
69,000 | (2) | JPMorgan Chase & Co., 1.578%, 04/22/2027 | 62,047 | 0.0 | |
26,000 | (2) | JPMorgan Chase & Co., 2.522%, 04/22/2031 | 22,242 | 0.0 | |
341,000 | (2) | JPMorgan Chase & Co., 2.545%, 11/08/2032 | 282,963 | 0.1 | |
107,000 | (2) | JPMorgan Chase & Co., 2.580%, 04/22/2032 | 90,110 | 0.0 | |
265,000 | (2) | JPMorgan Chase & Co., 2.947%, 02/24/2028 | 245,869 | 0.1 | |
597,000 | (2) | JPMorgan Chase & Co., 2.963%, 01/25/2033 | 510,957 | 0.2 | |
31,000 | (2) | JPMorgan Chase & Co., 3.220%, 03/01/2025 | 30,349 | 0.0 | |
449,000 | (2) | JPMorgan Chase & Co., 3.559%, 04/23/2024 | 448,496 | 0.2 | |
244,000 | (2) | JPMorgan Chase & Co., 4.565%, 06/14/2030 | 237,721 | 0.1 | |
69,000 | Kimco Realty OP LLC, 4.600%, 02/01/2033 | 64,774 | 0.0 | ||
105,000 | Marsh & McLennan Cos, Inc., 2.250%, 11/15/2030 | 88,704 | 0.0 | ||
35,000 | Marsh & McLennan Cos, Inc., 5.450%, 03/15/2053 | 36,106 | 0.0 | ||
30,000 | Mitsubishi UFJ Financial Group, Inc., 3.407%, 03/07/2024 | 29,419 | 0.0 | ||
200,000 | (2) | Mitsubishi UFJ Financial Group, Inc., 5.441%, 02/22/2034 | 202,232 | 0.1 | |
165,000 | (2) | Morgan Stanley, 1.794%, 02/13/2032 | 129,637 | 0.1 | |
112,000 | (2) | Morgan Stanley, 1.928%, 04/28/2032 | 88,182 | 0.0 | |
148,000 | (2) | Morgan Stanley, 2.239%, 07/21/2032 | 118,857 | 0.1 | |
205,000 | (2) | Morgan Stanley, 2.511%, 10/20/2032 | 168,082 | 0.1 | |
400,000 | (2) | Morgan Stanley, 2.943%, 01/21/2033 | 339,181 | 0.1 | |
309,000 | (2) | Morgan Stanley, 3.622%, 04/01/2031 | 282,782 | 0.1 | |
604,000 | (2) | Morgan Stanley, 4.210%, 04/20/2028 | 586,829 | 0.2 | |
1,029,000 | (2) | Morgan Stanley, 4.431%, 01/23/2030 | 992,967 | 0.4 | |
32,000 | (2) | Morgan Stanley, 4.889%, 07/20/2033 | 31,472 | 0.0 | |
31,000 | (2) | Morgan Stanley, 6.342%, 10/18/2033 | 33,885 | 0.0 | |
142,000 | National Retail Properties, Inc., 3.000%, 04/15/2052 | 89,065 | 0.0 | ||
85,000 | (1) | Principal Life Global Funding II, 0.750%, 04/12/2024 | 81,281 | 0.0 | |
101,000 | Prologis L.P., 2.250%, 01/15/2032 | 83,181 | 0.0 | ||
208,000 | Prologis L.P., 4.000%, 09/15/2028 | 202,615 | 0.1 | ||
163,000 | VICI Properties L.P., 4.125%, 08/15/2030 | 145,114 | 0.1 | ||
45,000 | VICI Properties L.P., 4.375%, 05/15/2025 | 43,607 | 0.0 | ||
256,000 | VICI Properties L.P., 4.750%, 02/15/2028 | 242,922 | 0.1 | ||
216,000 | VICI Properties L.P., 4.950%, 02/15/2030 | 202,905 | 0.1 | ||
59,000 | (1) | VICI Properties L.P. / VICI Note Co., Inc., 3.750%, 02/15/2027 | 54,520 | 0.0 | |
418,000 | (1) | VICI Properties L.P. / VICI Note Co., Inc., 4.250%, 12/01/2026 | 390,394 | 0.2 | |
24,000 | (1) | VICI Properties L.P. / VICI Note Co., Inc., 4.500%, 09/01/2026 | 22,603 | 0.0 | |
32,000 | (1) | VICI Properties L.P. / VICI Note Co., Inc., 4.625%, 06/15/2025 | 30,979 | 0.0 | |
30,000 | (1) | VICI Properties L.P. / VICI Note Co., Inc., 5.750%, 02/01/2027 | 29,479 | 0.0 | |
31,000 | (2) | Wells Fargo & Co., 2.393%, 06/02/2028 | 27,935 | 0.0 | |
137,000 | (2) | Wells Fargo & Co., 3.526%, 03/24/2028 | 129,379 | 0.1 | |
90,000 | (2) | Wells Fargo & Co., 3.584%, 05/22/2028 | 84,859 | 0.0 | |
52,000 | Wells Fargo & Co., 4.150%, 01/24/2029 | 49,704 | 0.0 | ||
17,070,542 | 6.7 | ||||
Industrial: 2.1% | |||||
45,000 | Agilent Technologies, Inc., 2.300%, 03/12/2031 | 37,739 | 0.0 | ||
236,000 | Amcor Flexibles North America, Inc., 2.690%, 05/25/2031 | 196,516 | 0.1 | ||
115,000 | (1) | Berry Global, Inc., 5.500%, 04/15/2028 | 114,682 | 0.0 | |
150,000 | Boeing Co/The, 5.930%, 05/01/2060 | 150,121 | 0.1 | ||
20,000 | Burlington Northern Santa Fe LLC, 2.875%, 06/15/2052 | 14,035 | 0.0 | ||
209,000 | Burlington Northern Santa Fe LLC, 3.300%, 09/15/2051 | 160,031 | 0.1 | ||
80,000 | CSX Corp., 2.500%, 05/15/2051 | 51,698 | 0.0 | ||
179,000 | CSX Corp., 3.250%, 06/01/2027 | 170,982 | 0.1 | ||
122,000 | General Dynamics Corp., 3.750%, 05/15/2028 | 119,158 | 0.0 | ||
379,000 | Huntington Ingalls Industries, Inc., 2.043%, 08/16/2028 | 325,169 | 0.1 | ||
10,000 | Huntington Ingalls Industries, Inc., 3.483%, 12/01/2027 | 9,378 | 0.0 | ||
218,000 | L3Harris Technologies, Inc., 3.850%, 12/15/2026 | 212,637 | 0.1 | ||
396,000 | L3Harris Technologies, Inc., 4.400%, 06/15/2028 | 388,215 | 0.2 | ||
241,000 | Lockheed Martin Corp., 2.800%, 06/15/2050 | 175,248 | 0.1 | ||
10,000 | Lockheed Martin Corp., 3.900%, 06/15/2032 | 9,733 | 0.0 | ||
158,000 | Norfolk Southern Corp., 3.050%, 05/15/2050 | 109,789 | 0.0 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
117,000 | Norfolk Southern Corp., 3.800%, 08/01/2028 | 112,721 | 0.0 | ||
111,000 | Norfolk Southern Corp., 4.550%, 06/01/2053 | 100,015 | 0.0 | ||
234,000 | Northrop Grumman Corp., 2.930%, 01/15/2025 | 226,691 | 0.1 | ||
186,000 | Northrop Grumman Corp., 4.950%, 03/15/2053 | 185,705 | 0.1 | ||
131,000 | Northrop Grumman Corp., 5.250%, 05/01/2050 | 135,865 | 0.1 | ||
32,000 | (1) | Penske Truck Leasing Co. Lp / PTL Finance Corp., 1.700%, 06/15/2026 | 28,622 | 0.0 | |
235,000 | (1) | Penske Truck Leasing Co. Lp / PTL Finance Corp., 2.700%, 11/01/2024 | 224,981 | 0.1 | |
132,000 | (1) | Penske Truck Leasing Co. Lp / PTL Finance Corp., 5.700%, 02/01/2028 | 133,307 | 0.1 | |
34,000 | Raytheon Technologies Corp., 2.820%, 09/01/2051 | 23,636 | 0.0 | ||
403,000 | Raytheon Technologies Corp., 3.125%, 07/01/2050 | 301,083 | 0.1 | ||
583,000 | Raytheon Technologies Corp., 4.125%, 11/16/2028 | 575,197 | 0.2 | ||
26,000 | Raytheon Technologies Corp., 4.625%, 11/16/2048 | 24,754 | 0.0 | ||
45,000 | Raytheon Technologies Corp., 5.375%, 02/27/2053 | 47,429 | 0.0 | ||
55,000 | Republic Services, Inc., 2.375%, 03/15/2033 | 45,447 | 0.0 | ||
289,000 | Ryder System, Inc., 3.350%, 09/01/2025 | 276,080 | 0.1 | ||
158,000 | Ryder System, Inc., 5.650%, 03/01/2028 | 160,227 | 0.1 | ||
143,000 | Textron, Inc., 3.900%, 09/17/2029 | 135,060 | 0.1 | ||
143,000 | Union Pacific Corp., 3.200%, 05/20/2041 | 115,399 | 0.0 | ||
202,000 | Union Pacific Corp., 3.250%, 02/05/2050 | 154,012 | 0.1 | ||
5,251,362 | 2.1 | ||||
Technology: 2.0% | |||||
104,000 | Apple, Inc., 2.550%, 08/20/2060 | 68,757 | 0.0 | ||
173,000 | Apple, Inc., 4.100%, 08/08/2062 | 154,595 | 0.1 | ||
154,000 | Broadcom Corp. / Broadcom Cayman Finance Ltd., 3.500%, 01/15/2028 | 144,566 | 0.1 | ||
348,000 | (1) | Broadcom, Inc., 3.419%, 04/15/2033 | 291,421 | 0.1 | |
157,000 | (1) | Broadcom, Inc., 3.469%, 04/15/2034 | 129,063 | 0.1 | |
5,000 | Broadcom, Inc., 4.150%, 11/15/2030 | 4,639 | 0.0 | ||
25,000 | (1) | Broadcom, Inc., 4.150%, 04/15/2032 | 22,792 | 0.0 | |
150,000 | (1) | Broadcom, Inc., 4.926%, 05/15/2037 | 136,546 | 0.1 | |
15,000 | Dell International LLC / EMC Corp., 8.350%, 07/15/2046 | 18,296 | 0.0 | ||
33,000 | DXC Technology Co., 2.375%, 09/15/2028 | 27,947 | 0.0 | ||
230,000 | Hewlett Packard Enterprise Co., 5.900%, 10/01/2024 | 232,970 | 0.1 | ||
345,000 | Intel Corp., 4.875%, 02/10/2028 | 350,710 | 0.1 | ||
76,000 | KLA Corp., 3.300%, 03/01/2050 | 58,189 | 0.0 | ||
298,000 | KLA Corp., 4.100%, 03/15/2029 | 293,606 | 0.1 | ||
136,000 | KLA Corp., 5.250%, 07/15/2062 | 137,874 | 0.1 | ||
73,000 | Lam Research Corp., 2.875%, 06/15/2050 | 51,595 | 0.0 | ||
81,000 | NVIDIA Corp., 3.500%, 04/01/2050 | 66,401 | 0.0 | ||
133,000 | NXP BV / NXP Funding LLC / NXP USA, Inc., 3.150%, 05/01/2027 | 123,270 | 0.1 | ||
486,000 | NXP BV / NXP Funding LLC / NXP USA, Inc., 4.300%, 06/18/2029 | 467,105 | 0.2 | ||
74,000 | Oracle Corp., 3.600%, 04/01/2050 | 52,563 | 0.0 | ||
1,208,000 | Oracle Corp., 3.650%, 03/25/2041 | 933,075 | 0.4 | ||
14,000 | Oracle Corp., 3.800%, 11/15/2037 | 11,640 | 0.0 | ||
480,000 | Oracle Corp., 3.950%, 03/25/2051 | 361,902 | 0.1 | ||
58,000 | Oracle Corp., 4.100%, 03/25/2061 | 42,757 | 0.0 | ||
3,000 | Oracle Corp., 4.300%, 07/08/2034 | 2,752 | 0.0 | ||
260,000 | Oracle Corp., 5.550%, 02/06/2053 | 247,858 | 0.1 | ||
128,000 | QUALCOMM, Inc., 4.500%, 05/20/2052 | 119,432 | 0.0 | ||
52,000 | QUALCOMM, Inc., 5.400%, 05/20/2033 | 55,861 | 0.0 | ||
74,000 | Salesforce, Inc., 3.050%, 07/15/2061 | 50,864 | 0.0 | ||
200,000 | TSMC Arizona Corp., 4.250%, 04/22/2032 | 198,456 | 0.1 | ||
212,000 | VMware, Inc., 1.800%, 08/15/2028 | 179,148 | 0.1 | ||
114,000 | VMware, Inc., 2.200%, 08/15/2031 | 90,323 | 0.0 | ||
5,126,973 | 2.0 | ||||
Utilities: 2.3% | |||||
41,000 | AEP Texas, Inc., 3.450%, 05/15/2051 | 30,168 | 0.0 | ||
329,000 | AEP Transmission Co. LLC, 2.750%, 08/15/2051 | 219,389 | 0.1 | ||
173,000 | Alabama Power Co., 3.125%, 07/15/2051 | 122,997 | 0.1 | ||
32,000 | Ameren Illinois Co., 2.900%, 06/15/2051 | 22,135 | 0.0 | ||
94,000 | (1) | American Transmission Systems, Inc., 2.650%, 01/15/2032 | 79,225 | 0.0 | |
67,000 | Atmos Energy Corp., 2.850%, 02/15/2052 | 45,618 | 0.0 | ||
155,000 | Baltimore Gas and Electric Co., 4.550%, 06/01/2052 | 141,542 | 0.1 | ||
30,000 | CenterPoint Energy Houston Electric LLC, 2.900%, 07/01/2050 | 20,973 | 0.0 | ||
35,000 | CenterPoint Energy Houston Electric LLC, 3.350%, 04/01/2051 | 26,736 | 0.0 | ||
87,000 | CenterPoint Energy Houston Electric LLC, 3.600%, 03/01/2052 | 68,984 | 0.0 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
45,000 | CenterPoint Energy Houston Electric LLC, 4.950%, 04/01/2033 | 45,980 | 0.0 | ||
54,000 | CenterPoint Energy Resources Corp., 1.750%, 10/01/2030 | 43,694 | 0.0 | ||
77,000 | Commonwealth Edison Co., 2.750%, 09/01/2051 | 51,252 | 0.0 | ||
35,000 | Commonwealth Edison Co., 5.300%, 02/01/2053 | 36,613 | 0.0 | ||
45,000 | Consolidated Edison Co. of New York, Inc., 6.150%, 11/15/2052 | 50,797 | 0.0 | ||
199,000 | Consumers Energy Co., 2.650%, 08/15/2052 | 131,949 | 0.1 | ||
113,000 | Consumers Energy Co., 4.200%, 09/01/2052 | 99,503 | 0.1 | ||
158,000 | Consumers Energy Co., 4.625%, 05/15/2033 | 157,685 | 0.1 | ||
90,000 | DTE Electric Co., 3.650%, 03/01/2052 | 71,803 | 0.0 | ||
42,000 | DTE Electric Co., 3.950%, 03/01/2049 | 35,456 | 0.0 | ||
84,000 | DTE Electric Co., 5.400%, 04/01/2053 | 88,180 | 0.0 | ||
71,000 | Duke Energy Carolinas LLC, 3.450%, 04/15/2051 | 53,931 | 0.0 | ||
34,000 | Duke Energy Carolinas LLC, 3.550%, 03/15/2052 | 26,534 | 0.0 | ||
130,000 | Duke Energy Carolinas LLC, 4.950%, 01/15/2033 | 133,678 | 0.1 | ||
50,000 | Duke Energy Carolinas LLC, 5.350%, 01/15/2053 | 52,113 | 0.0 | ||
154,000 | Duke Energy Corp., 4.300%, 03/15/2028 | 151,140 | 0.1 | ||
40,000 | Duke Energy Corp., 5.000%, 12/08/2025 | 40,300 | 0.0 | ||
137,000 | Duke Energy Florida LLC, 1.750%, 06/15/2030 | 113,260 | 0.1 | ||
262,000 | Duke Energy Florida LLC, 3.800%, 07/15/2028 | 255,370 | 0.1 | ||
20,000 | Duke Energy Florida LLC, 5.950%, 11/15/2052 | 22,292 | 0.0 | ||
25,000 | Duke Energy Ohio, Inc., 5.650%, 04/01/2053 | 26,250 | 0.0 | ||
262,000 | Duke Energy Progress LLC, 2.900%, 08/15/2051 | 179,273 | 0.1 | ||
118,000 | Edison International, 5.750%, 06/15/2027 | 120,615 | 0.1 | ||
55,000 | Edison International, 6.950%, 11/15/2029 | 59,542 | 0.0 | ||
185,000 | Entergy Louisiana LLC, 2.350%, 06/15/2032 | 152,103 | 0.1 | ||
65,000 | Evergy Kansas Central, Inc., 5.700%, 03/15/2053 | 68,328 | 0.0 | ||
65,000 | Eversource Energy, 5.450%, 03/01/2028 | 67,405 | 0.0 | ||
73,000 | Exelon Corp., 2.750%, 03/15/2027 | 68,341 | 0.0 | ||
78,000 | Exelon Corp., 4.100%, 03/15/2052 | 64,246 | 0.0 | ||
32,000 | Exelon Corp., 4.700%, 04/15/2050 | 29,056 | 0.0 | ||
120,000 | Exelon Corp., 5.150%, 03/15/2028 | 122,195 | 0.1 | ||
78,000 | Exelon Corp., 5.600%, 03/15/2053 | 79,558 | 0.0 | ||
214,000 | Florida Power & Light Co., 2.875%, 12/04/2051 | 150,554 | 0.1 | ||
30,000 | Florida Power & Light Co., 3.950%, 03/01/2048 | 25,908 | 0.0 | ||
65,000 | Idaho Power Co., 5.500%, 03/15/2053 | 67,665 | 0.0 | ||
30,000 | Kentucky Utilities Co., 5.450%, 04/15/2033 | 31,219 | 0.0 | ||
40,000 | Louisville Gas and Electric Co., 5.450%, 04/15/2033 | 41,596 | 0.0 | ||
50,000 | (1) | Metropolitan Edison Co., 5.200%, 04/01/2028 | 50,542 | 0.0 | |
241,000 | MidAmerican Energy Co., 2.700%, 08/01/2052 | 163,641 | 0.1 | ||
30,000 | NiSource, Inc., 5.250%, 03/30/2028 | 30,541 | 0.0 | ||
53,000 | Northern States Power Co/MN, 2.600%, 06/01/2051 | 35,288 | 0.0 | ||
95,000 | Northern States Power Co/MN, 3.200%, 04/01/2052 | 69,892 | 0.0 | ||
213,000 | (1) | NRG Energy, Inc., 4.450%, 06/15/2029 | 193,349 | 0.1 | |
150,000 | Ohio Power Co., 2.900%, 10/01/2051 | 102,769 | 0.1 | ||
40,000 | Oklahoma Gas and Electric Co., 5.600%, 04/01/2053 | 41,159 | 0.0 | ||
47,000 | Oncor Electric Delivery Co. LLC, 3.100%, 09/15/2049 | 34,660 | 0.0 | ||
27,000 | Oncor Electric Delivery Co. LLC, 4.150%, 06/01/2032 | 26,076 | 0.0 | ||
40,000 | Pacific Gas and Electric Co., 6.700%, 04/01/2053 | 41,195 | 0.0 | ||
238,000 | PECO Energy Co., 2.850%, 09/15/2051 | 163,074 | 0.1 | ||
30,000 | (1) | Pennsylvania Electric Co., 5.150%, 03/30/2026 | 30,154 | 0.0 | |
60,000 | Public Service Co. of New Hampshire, 5.150%, 01/15/2053 | 60,941 | 0.0 | ||
85,000 | Public Service Electric and Gas Co., 4.900%, 12/15/2032 | 87,029 | 0.0 | ||
85,000 | San Diego Gas & Electric Co., 5.350%, 04/01/2053 | 87,682 | 0.0 | ||
200,000 | Southern California Edison Co., 1.200%, 02/01/2026 | 180,155 | 0.1 | ||
208,000 | Southern California Edison Co., 5.950%, 11/01/2032 | 225,524 | 0.1 | ||
100,000 | Southwest Gas Corp., 5.450%, 03/23/2028 | 101,006 | 0.1 | ||
65,000 | Southwestern Electric Power Co., 5.300%, 04/01/2033 | 65,544 | 0.0 | ||
74,000 | Southwestern Public Service Co., 3.150%, 05/01/2050 | 53,442 | 0.0 | ||
20,000 | Spire Missouri, Inc., 4.800%, 02/15/2033 | 19,976 | 0.0 | ||
70,000 | Union Electric Co., 5.450%, 03/15/2053 | 73,274 | 0.0 | ||
149,000 | Virginia Electric and Power Co., 2.450%, 12/15/2050 | 91,976 | 0.1 | ||
45,000 | Wisconsin Power and Light Co., 4.950%, 04/01/2033 | 45,308 | 0.0 | ||
5,867,348 | 2.3 | ||||
Total Corporate Bonds/Notes | |||||
(Cost $61,845,226) | 56,513,855 | 22.3 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
COLLATERALIZED MORTGAGE OBLIGATIONS: 1.7% | ||||||
292,605 | (1),(2) | CSMC 2022-NQM4 A1A Trust, 4.819%, 06/25/2067 | 288,693 | 0.1 | ||
536,791 | (1),(2) | CSMC 2022-NQM5 A1 Trust, 5.169%, 05/25/2067 | 541,584 | 0.2 | ||
364,625 | (1),(2) | Ellington Financial Mortgage Trust 2021-3 A1, 1.241%, 09/25/2066 | 285,378 | 0.1 | ||
260,979 | (1),(2) | Homeward Opportunities Fund Trust 2022-1 A1, 5.082%, 07/25/2067 | 259,779 | 0.1 | ||
890,278 | (1),(2) | J.P. Morgan Mortgage Trust 2022-INV3 A3B, 3.000%, 09/25/2052 | 751,590 | 0.3 | ||
155,538 | (1),(2) | J.P. Morgan Mortgage Trust 2023-DSC1 A1, 4.625%, 07/25/2063 | 147,049 | 0.1 | ||
1,043,148 | (1),(2) | Mello Mortgage Capital Acceptance 2022-INV2 A3, 3.000%, 04/25/2052 | 885,861 | 0.4 | ||
351,770 | (1) | OBX 2022-NQM9 A1A Trust, 6.450%, 09/25/2062 | 352,742 | 0.1 | ||
97,369 | (1),(2) | PRKCM 2022-AFC2 A1 Trust, 5.335%, 08/25/2057 | 95,924 | 0.0 | ||
135,844 | (1),(2),(3) | SG Residential Mortgage Trust 2022-2 A1, 5.353% (Step Rate @ 6.353% on 07/01/2026), 08/25/2062 | 136,179 | 0.1 | ||
392,294 | (1),(2),(3) | Verus Securitization Trust 2022-7 A1, 5.152% (Step Rate @ 6.152% on 07/01/2026), 07/25/2067 | 384,991 | 0.2 | ||
116,788 | (1),(3) | Verus Securitization Trust 2022-INV2 A1, 6.790% (Step Rate @ 7.790% on 10/01/2026), 10/25/2067 | 118,484 | 0.0 | ||
Total Collateralized Mortgage Obligations | ||||||
(Cost $4,437,984) | 4,248,254 | 1.7 | ||||
MUNICIPAL BONDS: 0.1% | ||||||
California: 0.1% | ||||||
300,000 | University of California, 2.650%, 05/15/2050 | 197,874 | 0.1 | |||
Total Municipal Bonds | ||||||
(Cost $219,722) | 197,874 | 0.1 | ||||
U.S. TREASURY OBLIGATIONS: 54.0% | ||||||
Treasury Inflation Indexed Protected Securities: 53.5% | ||||||
2,098,908 | 0.125%,10/15/2024 | 2,050,272 | 0.8 | |||
6,793,420 | 0.125%,10/15/2026 | 6,524,943 | 2.6 | |||
2,807,887 | 0.125%,04/15/2027 | 2,675,436 | 1.1 | |||
139,536 | 0.125%,01/15/2030 | 130,113 | 0.0 | |||
8,261,298 | 0.125%,07/15/2030 | 7,691,620 | 3.0 | |||
8,791,839 | 0.125%,01/15/2031 | 8,131,160 | 3.2 | |||
5,469,478 | 0.125%,07/15/2031 | 5,041,019 | 2.0 | |||
9,394,871 | 0.125%,01/15/2032 | 8,588,078 | 3.4 | |||
3,493,264 | 0.125%,02/15/2051 | 2,423,554 | 1.0 | |||
2,030,108 | 0.125%,02/15/2052 | 1,412,081 | 0.6 | |||
4,520,427 | 0.250%,07/15/2029 | 4,285,498 | 1.7 | |||
3,368,796 | 0.250%,02/15/2050 | 2,447,724 | 1.0 | |||
2,036,312 | 0.375%,07/15/2027 | 1,967,782 | 0.8 | |||
9,977,502 | 0.625%,07/15/2032 | 9,538,052 | 3.8 | |||
3,253,100 | 0.625%,02/15/2043 | 2,749,938 | 1.1 | |||
5,959,150 | 0.750%,07/15/2028 | 5,845,952 | 2.3 | |||
4,130,452 | 0.750%,02/15/2042 | 3,611,712 | 1.4 | |||
4,916,680 | 0.750%,02/15/2045 | 4,193,372 | 1.7 | |||
5,807,869 | 0.875%,01/15/2029 | 5,708,759 | 2.2 | |||
3,116,965 | 0.875%,02/15/2047 | 2,702,395 | 1.1 | |||
2,563,119 | 1.000%,02/15/2046 | 2,295,418 | 0.9 | |||
2,305,080 | 1.000%,02/15/2048 | 2,055,984 | 0.8 | |||
2,134,076 | 1.000%,02/15/2049 | 1,900,985 | 0.7 | |||
3,525,233 | 1.125%,01/15/2033 | 3,519,259 | 1.4 | |||
4,441,498 | 1.375%,02/15/2044 | 4,307,689 | 1.7 | |||
1,721,030 | 1.500%,02/15/2053 | 1,746,262 | 0.7 | |||
8,999,284 | 1.625%,10/15/2027 | 9,178,355 | 3.6 | |||
1,233,827 | 1.750%,01/15/2028 | 1,262,890 | 0.5 | |||
1,766,591 | 2.125%,02/15/2040 | 1,952,532 | 0.8 | |||
2,568,324 | 2.125%,02/15/2041 | 2,838,451 | 1.1 | |||
4,208,690 | 2.375%,01/15/2027 | 4,364,150 | 1.7 | |||
2,201,619 | 2.500%,01/15/2029 | 2,358,319 | 0.9 | |||
1,533,769 | 3.375%,04/15/2032 | 1,815,320 | 0.7 | |||
3,270,270 | 3.625%,04/15/2028 | 3,652,091 | 1.4 | |||
3,863,520 | 3.875%,04/15/2029 | 4,452,972 | 1.8 | |||
135,420,137 | 53.5 | |||||
U.S. Treasury Bonds: 0.5% | ||||||
1,770,000 | 2.250%,02/15/2052 | 1,320,793 | 0.5 | |||
Total U.S. Treasury Obligations | ||||||
(Cost $145,839,480) | 136,740,930 | 54.0 | ||||
SOVEREIGN BONDS: 2.3% | ||||||
EUR | 3,485,000 | Bundesschatzanweisungen, 2.500%, 03/13/2025 | 3,764,406 | 1.5 | ||
250,000 | Chile Government International Bond, 2.550%, 07/27/2033 | 206,159 | 0.1 | |||
200,000 | (1) | Indonesia Government International Bond, 6.750%, 01/15/2044 | 234,427 | 0.1 | ||
EUR | 228,286 | (1) | Italy Buoni Poliennali Del Tesoro, 0.100%, 05/15/2033 | 207,333 | 0.1 | |
200,000 | (1) | Kazakhstan Government International Bond, 4.875%, 10/14/2044 | 178,982 | 0.1 | ||
300,000 | Mexico Government International Bond, 4.600%, 02/10/2048 | 245,659 | 0.1 | |||
250,000 | Mexico Government International Bond, 4.875%, 05/19/2033 | 239,658 | 0.1 | |||
200,000 | Panama Government International Bond, 4.500%, 04/01/2056 | 149,351 | 0.0 | |||
103,000 | Peruvian Government International Bond, 2.783%, 01/23/2031 | 88,170 | 0.0 | |||
53,000 | Peruvian Government International Bond, 3.300%, 03/11/2041 | 39,879 | 0.0 | |||
200,000 | Philippine Government International Bond, 3.700%, 02/02/2042 | 164,025 | 0.1 | |||
200,000 | (1) | Qatar Government International Bond, 5.103%, 04/23/2048 | 203,684 | 0.1 | ||
45,049 | Uruguay Government International Bond, 5.100%, 06/18/2050 | 45,255 | 0.0 | |||
Total Sovereign Bonds | ||||||
(Cost $6,143,162) | 5,766,988 | 2.3 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
U.S. GOVERNMENT AGENCY OBLIGATIONS: 13.1% | |||||
Federal National Mortgage Association: 1.1%(4) | |||||
30,000 | (5) | 4.500%,04/15/2038 | 29,911 | 0.0 | |
2,537,600 | (5) | 5.000%,04/15/2053 | 2,531,058 | 1.0 | |
10,000 | (5) | 5.500%,04/15/2053 | 10,101 | 0.0 | |
195,400 | (5) | 6.000%,04/15/2053 | 199,453 | 0.1 | |
2,770,523 | 1.1 | ||||
Government National Mortgage Association: 2.3% | |||||
98,378 | 2.000%,11/20/2050 | 84,254 | 0.0 | ||
201,910 | 2.000%,01/20/2051 | 172,655 | 0.1 | ||
148,388 | 2.000%,02/20/2051 | 126,787 | 0.1 | ||
924,200 | (5) | 2.000%,04/15/2053 | 785,220 | 0.3 | |
493,907 | 2.500%,04/20/2051 | 437,238 | 0.2 | ||
222,381 | 2.500%,05/20/2052 | 195,861 | 0.1 | ||
658,227 | 2.500%,06/20/2052 | 579,936 | 0.2 | ||
371,972 | 2.500%,07/20/2052 | 327,729 | 0.1 | ||
363,832 | 3.000%,06/20/2051 | 333,324 | 0.1 | ||
455,518 | 3.000%,08/20/2051 | 416,897 | 0.2 | ||
121,191 | 3.000%,12/20/2051 | 110,726 | 0.0 | ||
100,000 | (5) | 3.000%,04/15/2053 | 91,093 | 0.0 | |
553,037 | 3.500%,05/20/2047 | 527,957 | 0.2 | ||
255,000 | (5) | 3.500%,04/15/2053 | 239,073 | 0.1 | |
230,674 | 4.000%,09/20/2048 | 224,085 | 0.1 | ||
288,000 | (5) | 4.000%,04/15/2053 | 277,291 | 0.1 | |
174,578 | 4.500%,08/20/2048 | 174,223 | 0.1 | ||
203,000 | (5) | 4.500%,04/15/2053 | 199,961 | 0.1 | |
229,000 | (5) | 5.000%,04/15/2053 | 229,304 | 0.1 | |
120,000 | (5) | 5.500%,04/15/2053 | 121,366 | 0.1 | |
78,000 | (5) | 6.000%,04/15/2053 | 79,459 | 0.0 | |
5,734,439 | 2.3 | ||||
Uniform Mortgage-Backed Securities: 9.7% | |||||
178,159 | 1.500%,04/01/2036 | 157,683 | 0.1 | ||
60,110 | 1.500%,05/01/2036 | 53,206 | 0.0 | ||
131,276 | 1.500%,06/01/2036 | 116,189 | 0.1 | ||
549,335 | 1.500%,11/01/2041 | 451,408 | 0.2 | ||
325,769 | 1.500%,12/01/2041 | 267,695 | 0.1 | ||
55,146 | 1.500%,10/01/2050 | 43,494 | 0.0 | ||
64,239 | 1.500%,10/01/2050 | 50,666 | 0.0 | ||
50,023 | 1.500%,11/01/2050 | 39,453 | 0.0 | ||
83,108 | 1.500%,03/01/2051 | 65,504 | 0.0 | ||
65,511 | 1.500%,03/01/2051 | 51,635 | 0.0 | ||
10,700 | 1.500%,05/01/2051 | 8,432 | 0.0 | ||
8,056 | 1.500%,06/01/2051 | 6,346 | 0.0 | ||
43,793 | 1.500%,10/01/2051 | 34,462 | 0.0 | ||
10,158 | 1.500%,11/01/2051 | 7,993 | 0.0 | ||
40,096 | 2.000%,09/01/2035 | 36,332 | 0.0 | ||
87,190 | 2.000%,01/01/2036 | 79,039 | 0.0 | ||
67,719 | 2.000%,02/01/2036 | 61,347 | 0.0 | ||
25,602 | 2.000%,02/01/2036 | 23,192 | 0.0 | ||
40,522 | 2.000%,03/01/2036 | 36,620 | 0.0 | ||
34,023 | 2.000%,04/01/2036 | 30,822 | 0.0 | ||
100,330 | 2.000%,05/01/2036 | 90,734 | 0.0 | ||
209,361 | 2.000%,05/01/2036 | 189,338 | 0.1 | ||
37,396 | 2.000%,07/01/2036 | 33,881 | 0.0 | ||
51,639 | 2.000%,11/01/2036 | 46,679 | 0.0 | ||
100,806 | 2.000%,02/01/2037 | 91,126 | 0.0 | ||
107,715 | 2.000%,03/01/2037 | 97,407 | 0.0 | ||
123,645 | 2.000%,03/01/2037 | 111,733 | 0.1 | ||
86,225 | 2.000%,03/01/2037 | 77,895 | 0.0 | ||
72,724 | 2.000%,04/01/2037 | 65,719 | 0.0 | ||
539,634 | 2.000%,02/01/2042 | 464,507 | 0.2 | ||
139,597 | 2.000%,09/01/2050 | 116,003 | 0.1 | ||
251,768 | 2.000%,10/01/2050 | 209,377 | 0.1 | ||
1,515,115 | 2.000%,01/01/2051 | 1,258,554 | 0.5 | ||
307,942 | 2.000%,02/01/2051 | 255,699 | 0.1 | ||
278,925 | 2.000%,03/01/2051 | 231,580 | 0.1 | ||
142,040 | 2.000%,04/01/2051 | 119,053 | 0.1 | ||
229,098 | 2.000%,04/01/2051 | 192,307 | 0.1 | ||
94,911 | 2.000%,04/01/2051 | 79,022 | 0.0 | ||
536,812 | 2.000%,08/01/2051 | 444,976 | 0.2 | ||
435,628 | 2.000%,08/01/2051 | 361,100 | 0.2 | ||
39,765 | 2.000%,10/01/2051 | 32,956 | 0.0 | ||
159,581 | 2.000%,11/01/2051 | 132,468 | 0.1 | ||
249,888 | 2.000%,11/01/2051 | 208,917 | 0.1 | ||
53,121 | 2.000%,11/01/2051 | 44,441 | 0.0 | ||
139,017 | 2.000%,11/01/2051 | 116,388 | 0.1 | ||
283,805 | 2.000%,11/01/2051 | 237,097 | 0.1 | ||
59,738 | 2.000%,12/01/2051 | 49,540 | 0.0 | ||
292,006 | 2.000%,12/01/2051 | 242,180 | 0.1 | ||
461,472 | 2.000%,01/01/2052 | 386,281 | 0.2 | ||
337,549 | 2.000%,02/01/2052 | 279,620 | 0.1 | ||
474,328 | 2.000%,03/01/2052 | 394,257 | 0.2 | ||
259,544 | 2.000%,03/01/2052 | 216,671 | 0.1 | ||
180,396 | 2.000%,03/01/2052 | 150,742 | 0.1 | ||
62,000 | (5) | 2.000%,04/15/2053 | 51,262 | 0.0 | |
619,222 | 2.500%,10/01/2036 | 577,277 | 0.2 | ||
70,423 | 2.500%,07/01/2050 | 61,941 | 0.0 | ||
136,082 | 2.500%,07/01/2050 | 119,101 | 0.1 | ||
138,182 | 2.500%,07/01/2050 | 120,939 | 0.1 | ||
21,734 | 2.500%,07/01/2050 | 18,970 | 0.0 | ||
138,946 | 2.500%,07/01/2050 | 121,607 | 0.1 | ||
139,140 | 2.500%,08/01/2050 | 121,777 | 0.1 | ||
35,362 | 2.500%,08/01/2050 | 30,949 | 0.0 | ||
113,511 | 2.500%,08/01/2050 | 99,347 | 0.1 | ||
79,832 | 2.500%,11/01/2050 | 70,217 | 0.0 | ||
21,772 | 2.500%,01/01/2051 | 19,055 | 0.0 | ||
119,723 | 2.500%,02/01/2051 | 105,297 | 0.1 | ||
70,623 | 2.500%,02/01/2051 | 61,577 | 0.0 | ||
10,484 | 2.500%,03/01/2051 | 9,136 | 0.0 | ||
12,345 | 2.500%,04/01/2051 | 10,760 | 0.0 | ||
6,704 | 2.500%,04/01/2051 | 5,844 | 0.0 | ||
111,805 | 2.500%,05/01/2051 | 97,770 | 0.0 | ||
96,897 | 2.500%,05/01/2051 | 85,537 | 0.0 | ||
3,343 | 2.500%,05/01/2051 | 2,915 | 0.0 | ||
6,344 | 2.500%,05/01/2051 | 5,529 | 0.0 | ||
9,905 | 2.500%,07/01/2051 | 8,631 | 0.0 | ||
37,528 | 2.500%,10/01/2051 | 32,640 | 0.0 | ||
3,699 | 2.500%,10/01/2051 | 3,217 | 0.0 | ||
1,114,913 | 2.500%,11/01/2051 | 976,156 | 0.4 | ||
94,494 | 2.500%,11/01/2051 | 82,512 | 0.0 | ||
28,683 | 2.500%,12/01/2051 | 24,991 | 0.0 | ||
288,390 | 2.500%,01/01/2052 | 250,829 | 0.1 | ||
2,254,158 | 2.500%,01/01/2052 | 1,966,855 | 0.8 | ||
360,908 | 3.000%,01/01/2036 | 343,109 | 0.1 | ||
263,016 | 3.000%,09/01/2050 | 241,359 | 0.1 | ||
58,292 | 3.000%,07/01/2051 | 53,064 | 0.0 | ||
1,011,614 | 3.000%,09/01/2051 | 914,452 | 0.4 | ||
73,688 | 3.000%,10/01/2051 | 66,595 | 0.0 | ||
134,676 | 3.000%,11/01/2051 | 121,538 | 0.1 | ||
60,437 | 3.000%,12/01/2051 | 54,778 | 0.0 | ||
7,769 | 3.000%,01/01/2052 | 6,983 | 0.0 | ||
28,628 | 3.000%,01/01/2052 | 25,722 | 0.0 | ||
43,028 | 3.000%,02/01/2052 | 39,284 | 0.0 | ||
990,488 | 3.000%,03/01/2052 | 898,343 | 0.4 | ||
39,552 | 3.000%,04/01/2052 | 35,873 | 0.0 | ||
61,765 | 3.000%,05/01/2052 | 55,774 | 0.0 | ||
247,404 | 3.000%,08/01/2052 | 224,146 | 0.1 | ||
139,730 | 3.500%,05/01/2036 | 135,337 | 0.1 | ||
553,873 | 3.500%,01/01/2051 | 520,927 | 0.2 | ||
1,145,090 | 3.500%,09/01/2051 | 1,078,110 | 0.4 | ||
32,048 | 3.500%,05/01/2052 | 30,124 | 0.0 | ||
55,816 | 3.500%,06/01/2052 | 52,428 | 0.0 | ||
58,908 | 3.500%,06/01/2052 | 54,911 | 0.0 | ||
22,688 | 3.500%,06/01/2052 | 21,149 | 0.0 | ||
34,192 | 3.500%,07/01/2052 | 32,116 | 0.0 | ||
24,469 | 3.500%,08/01/2052 | 23,000 | 0.0 | ||
20,717 | 3.500%,09/01/2052 | 19,365 | 0.0 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
5,646 | 3.500%,09/01/2052 | 5,302 | 0.0 | ||
25,680 | 3.500%,09/01/2052 | 23,938 | 0.0 | ||
15,797 | 3.500%,09/01/2052 | 14,818 | 0.0 | ||
44,000 | (5) | 4.000%,04/15/2038 | 43,306 | 0.0 | |
120,360 | 4.000%,03/01/2050 | 116,684 | 0.1 | ||
687,568 | 4.000%,04/01/2050 | 665,880 | 0.3 | ||
29,063 | 4.000%,07/01/2050 | 28,255 | 0.0 | ||
70,699 | 4.000%,07/01/2050 | 68,733 | 0.0 | ||
232,627 | 4.000%,05/01/2051 | 225,296 | 0.1 | ||
42,112 | 4.000%,04/01/2052 | 40,773 | 0.0 | ||
251,756 | 4.000%,05/01/2052 | 244,757 | 0.1 | ||
30,180 | 4.000%,06/01/2052 | 29,341 | 0.0 | ||
502,866 | 4.500%,03/01/2048 | 502,559 | 0.2 | ||
65,478 | 4.500%,03/01/2050 | 65,436 | 0.0 | ||
120,331 | 4.500%,07/01/2052 | 118,120 | 0.1 | ||
19,184 | 4.500%,07/01/2052 | 18,813 | 0.0 | ||
20,384 | 4.500%,07/01/2052 | 19,991 | 0.0 | ||
37,410 | 4.500%,08/01/2052 | 36,686 | 0.0 | ||
73,573 | 4.500%,11/01/2052 | 72,241 | 0.0 | ||
2,600,700 | (5) | 4.500%,04/15/2053 | 2,548,358 | 1.0 | |
43,956 | 5.000%,11/01/2052 | 43,964 | 0.0 | ||
55,218 | 5.000%,12/01/2052 | 55,288 | 0.0 | ||
90,559 | 5.000%,12/01/2052 | 90,674 | 0.0 | ||
51,980 | 5.000%,12/01/2052 | 51,892 | 0.0 | ||
48,968 | 5.000%,12/01/2052 | 49,030 | 0.0 | ||
56,797 | 5.000%,01/01/2053 | 56,869 | 0.0 | ||
153,949 | 5.000%,01/01/2053 | 153,866 | 0.1 | ||
26,024 | 5.000%,01/01/2053 | 26,005 | 0.0 | ||
27,526 | 5.000%,02/01/2053 | 27,510 | 0.0 | ||
72,089 | 5.500%,01/01/2053 | 73,276 | 0.0 | ||
90,490 | 5.500%,01/01/2053 | 91,515 | 0.0 | ||
105,283 | 5.500%,01/01/2053 | 106,626 | 0.1 | ||
70,000 | 5.500%,03/01/2053 | 71,132 | 0.0 | ||
52,710 | 6.000%,10/01/2052 | 54,142 | 0.0 | ||
24,681,967 | 9.7 | ||||
Total U.S. Government Agency Obligations | |||||
(Cost $34,941,287) | 33,186,929 | 13.1 | |||
COMMERCIAL MORTGAGE-BACKED SECURITIES: 5.0% | |||||
366,000 | BANK 2019-BNK23 A3, 2.920%, 12/15/2052 | 319,547 | 0.1 | ||
280,000 | (2) | BANK 2022-BNK42 A5, 4.493%, 06/15/2055 | 267,033 | 0.1 | |
300,000 | Barclays Commercial Mortgage Trust 2019-C3 B, 4.096%, 05/15/2052 | 263,105 | 0.1 | ||
280,000 | Barclays Commercial Mortgage Trust 2019-C4 B, 3.322%, 08/15/2052 | 231,440 | 0.1 | ||
240,000 | (2) | BBCMS Mortgage Trust 2022-C16 A5, 4.600%, 06/15/2055 | 231,574 | 0.1 | |
1,000,000 | BENCHMARK 2018-B3 A5 Mortgage Trust, 4.025%, 04/10/2051 | 944,607 | 0.4 | ||
800,000 | (1) | BX Trust 2021-ARIA A, 5.583%, (US0001M + 0.899%), 10/15/2036 | 768,895 | 0.3 | |
410,000 | CD 2017-CD3 A4 Mortgage Trust, 3.631%, 02/10/2050 | 383,320 | 0.2 | ||
500,000 | CD 2017-CD6 Mortgage Trust A5, 3.456%, 11/13/2050 | 461,794 | 0.2 | ||
798,015 | (1) | Credit Suisse Mortgage Capital Certificates 2019-ICE4 A, 5.664%, (US0001M + 0.980%), 05/15/2036 | 790,344 | 0.3 | |
205,000 | CSAIL 2015-C3 A4 Commercial Mortgage Trust, 3.718%, 08/15/2048 | 196,952 | 0.1 | ||
550,000 | (1) | ELP Commercial Mortgage Trust 2021-ELP A, 5.386%, (US0001M + 0.701%), 11/15/2038 | 527,418 | 0.2 | |
380,715 | (1) | Extended Stay America Trust 2021-ESH A, 5.765%, (US0001M + 1.080%), 07/15/2038 | 369,593 | 0.1 | |
980,000 | (2) | Fannie Mae Multifamily REMIC Trust 2022-M10 A2, 1.938%, 01/25/2032 | 811,835 | 0.3 | |
1,760,000 | Freddie Mac Multifamily WI Certificates Series WI-K146 A2, 2.920%, 07/25/2032 | 1,587,806 | 0.6 | ||
1,000,000 | GS Mortgage Securities Trust 2016-GS2 A4, 3.050%, 05/10/2049 | 936,762 | 0.4 | ||
600,000 | (1) | JP Morgan Chase Commercial Mortgage Securities Corp. 2021-HYAH A, 5.444%, (US0001M + 0.760%), 06/15/2038 | 581,811 | 0.2 | |
378,874 | (1) | Med Trust 2021-MDLN A, 5.635%, (US0001M + 0.950%), 11/15/2038 | 365,285 | 0.1 | |
100,000 | (1) | MF1 2021-W10 A, 5.897%, (TSFR1M + 1.070%), 12/15/2034 | 94,862 | 0.0 | |
1,100,000 | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15 A4, 4.051%, 04/15/2047 | 1,082,670 | 0.4 | ||
215,000 | (1) | MTN Commercial Mortgage Trust 2022-LPFL A, 6.224%, (TSFR1M + 1.397%), 03/15/2039 | 212,142 | 0.1 | |
250,000 | (1) | Taubman Centers Commercial Mortgage Trust 2022-DPM A, 7.013%, (TSFR1M + 2.186%), 05/15/2037 | 241,639 | 0.1 | |
422,500 | Wells Fargo Commercial Mortgage Trust 2015-C26 B, 3.783%, 02/15/2048 | 397,530 | 0.2 | ||
700,000 | Wells Fargo Commercial Mortgage Trust 2017-C39 A5, 3.418%, 09/15/2050 | 648,471 | 0.3 | ||
Total Commercial Mortgage-Backed Securities | |||||
(Cost $13,662,075) | 12,716,435 | 5.0 | |||
ASSET-BACKED SECURITIES: 1.6% | |||||
Automobile Asset-Backed Securities: 0.1% | |||||
430,000 | (1) | Credit Acceptance Auto Loan Trust 2021-4 A, 1.260%, 10/15/2030 | 409,419 | 0.1 | |
Other Asset-Backed Securities: 0.7% | |||||
401,000 | (1) | AMSR 2022-SFR3 D Trust, 4.000%, 10/17/2039 | 363,373 | 0.2 | |
111,583 | (1) | GoodLeap Sustainable Home Solutions Trust 2022-1GS A, 2.700%, 01/20/2049 | 91,289 | 0.0 | |
400,000 | (1) | New Residential Mortgage Loan Trust 2022-SFR2 D, 4.000%, 09/04/2039 | 362,224 | 0.1 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
395,000 | (1) | Progress Residential 2022-SFR6 D Trust, 6.035%, 07/20/2039 | 384,225 | 0.2 | |
525,000 | (1) | Progress Residential 2022-SFR7 Trust D, 5.500%, 10/27/2039 | 512,640 | 0.2 | |
1,713,751 | 0.7 | ||||
Student Loan Asset-Backed Securities: 0.8% | |||||
137,157 | (1) | College Avenue Student Loans LLC 2021-B A2, 1.760%, 06/25/2052 | 118,082 | 0.0 | |
149,011 | (1) | Navient Student Loan Trust 2019-BA A2A, 3.390%, 12/15/2059 | 142,153 | 0.1 | |
631,071 | (1) | Nelnet Student Loan Trust 2021-BA AFL, 5.541%, (US0001M + 0.780%), 04/20/2062 | 617,434 | 0.2 | |
560,388 | SLM Private Credit Student Loan Trust 2005-A A4, 5.176%, (US0003M + 0.310%), 12/15/2038 | 533,590 | 0.2 | ||
422,171 | (1) | SMB Private Education Loan Trust 2021-D A1A, 1.340%, 03/17/2053 | 377,737 | 0.2 | |
243,362 | (1) | Sofi Professional Loan Program 2018-C A2FX Trust, 3.590%, 01/25/2048 | 235,013 | 0.1 | |
2,024,009 | 0.8 | ||||
Total Asset-Backed Securities | |||||
(Cost $4,301,778) | 4,147,179 | 1.6 |
Value | Percentage of Net Assets | |||
PURCHASED OPTIONS (6): 0.1% | ||||
Total Purchased Options | ||||
(Cost $247,186) | 167,324 | 0.1 | ||
Total Long-Term Investments | ||||
(Cost $271,637,900) | 253,685,768 | 100.2 | ||
Principal Amount† | Value | Percentage of Net Assets | ||
SHORT-TERM INVESTMENTS: 1.3% | ||||
Commercial Paper: 0.6% | ||||
800,000 | 3M Co., 4.870%, 09/07/2023 | 781,938 | 0.3 | |
750,000 | UnitedHealth Group, Inc., 5.380%, 06/07/2023 | 742,477 | 0.3 | |
Total Commercial Paper | ||||
(Cost $1,523,299) | 1,524,415 | 0.6 |
Shares | Value | Percentage of Net Assets | ||||
Mutual Funds: 0.7% | ||||||
1,865,884 | (7) | BlackRock Liquidity Funds, FedFund, Institutional Class, 4.720% | ||||
(Cost $1,865,884) | 1,865,884 | 0.7 | ||||
Total Short-Term Investments | ||||||
(Cost $3,389,183) | 3,390,299 | 1.3 | ||||
Total Investments in Securities (Cost $275,027,083) | $ | 257,076,067 | 101.5 | |||
Liabilities in Excess of Other Assets | (3,745,629) | (1.5) | ||||
Net Assets | $ | 253,330,438 | 100.0 |
† | Unless otherwise indicated, principal amount is shown in USD. |
(1) | Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
(2) | Variable rate security. Rate shown is the rate in effect as of March 31, 2023. |
(3) | Step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rates shown reflect the current and next coupon rate as of March 31, 2023. |
(4) | The Federal Housing Finance Agency (“FHFA”) placed the Federal Home Loan Mortgage Corporation and Federal National Mortgage Association into conservatorship with FHFA as the conservator. As such, the FHFA oversees the continuing affairs of these companies. |
(5) | Represents or includes a TBA transaction. |
(6) | The tables within the Portfolio of Investments detail open purchased options which are non-income producing securities. |
(7) | Rate shown is the 7-day yield as of March 31, 2023. |
Currency Abbreviations: | |
EUR | EU Euro |
Reference Rate Abbreviations: | |
TSFR1M | 1-month CME Term Secured Overnight Financing Rate |
US0001M | 1-month LIBOR |
US0003M | 3-month LIBOR |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
Fair Value Measurements
The following is a summary of the fair valuations according to the inputs used as of March 31, 2023 in valuing the assets and liabilities:
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at March 31, 2023 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at fair value | ||||||||||||||||
Purchased Options | $ | – | $ | 167,324 | $ | – | $ | 167,324 | ||||||||
Corporate Bonds/Notes | – | 56,513,855 | – | 56,513,855 | ||||||||||||
Collateralized Mortgage Obligations | – | 4,248,254 | – | 4,248,254 | ||||||||||||
Municipal Bonds | – | 197,874 | – | 197,874 | ||||||||||||
U.S. Government Agency Obligations | – | 33,186,929 | – | 33,186,929 | ||||||||||||
Commercial Mortgage-Backed Securities | – | 12,716,435 | – | 12,716,435 | ||||||||||||
Sovereign Bonds | – | 5,766,988 | – | 5,766,988 | ||||||||||||
Asset-Backed Securities | – | 4,147,179 | – | 4,147,179 | ||||||||||||
U.S. Treasury Obligations | – | 136,740,930 | – | 136,740,930 | ||||||||||||
Short-Term Investments | 1,865,884 | 1,524,415 | – | 3,390,299 | ||||||||||||
Total Investments, at fair value | $ | 1,865,884 | $ | 255,210,183 | $ | – | $ | 257,076,067 | ||||||||
Other Financial Instruments+ | ||||||||||||||||
Centrally Cleared Swaps | – | 1,655,357 | – | 1,655,357 | ||||||||||||
Forward Foreign Currency Contracts | – | 39,825 | – | 39,825 | ||||||||||||
Futures | 438,445 | – | – | 438,445 | ||||||||||||
OTC Swaps | – | 385,250 | – | 385,250 | ||||||||||||
Total Assets | $ | 2,304,329 | $ | 257,290,615 | $ | – | $ | 259,594,944 | ||||||||
Liabilities Table | ||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||
Centrally Cleared Swaps | $ | – | $ | (326,313 | ) | $ | – | $ | (326,313 | ) | ||||||
Forward Foreign Currency Contracts | – | (47,716 | ) | – | (47,716 | ) | ||||||||||
Futures | (1,353,126 | ) | – | – | (1,353,126 | ) | ||||||||||
Sales Commitments | – | (3,239,587 | ) | – | (3,239,587 | ) | ||||||||||
Written Options | – | (312,105 | ) | – | (312,105 | ) | ||||||||||
Total Liabilities | $ | (1,353,126 | ) | $ | (3,925,721 | ) | $ | – | $ | (5,278,847 | ) |
+ | Other Financial Instruments may include open forward foreign currency contracts, futures, centrally cleared swaps, OTC swaps and written options. Forward foreign currency contracts, futures and centrally cleared swaps are fair valued at the unrealized appreciation (depreciation) on the instrument. OTC swaps and written options are valued at the fair value of the instrument. |
At March 31, 2023, the following forward foreign currency contracts were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||||||||
EUR | 1,023,000 | USD | 1,099,028 | Bank of America N.A. | 04/04/23 | $ | 10,420 | |||||
EUR | 3,464,000 | USD | 3,781,160 | BNP Paribas | 04/04/23 | (24,436 | ) | |||||
USD | 3,787,128 | EUR | 3,464,000 | BNP Paribas | 05/02/23 | 24,539 | ||||||
USD | 1,077,619 | EUR | 1,015,000 | Citigroup Global Markets | 04/04/23 | (23,153 | ) | |||||
USD | 3,768,753 | EUR | 3,472,000 | Goldman Sachs International | 04/04/23 | 3,353 | ||||||
USD | 112,310 | JPY | 14,889,000 | Goldman Sachs International | 04/04/23 | 173 | ||||||
JPY | 9,942,881 | USD | 75,000 | JPMorgan Chase Bank N.A. | 04/04/23 | (115 | ) | |||||
USD | 207,718 | EUR | 190,000 | Morgan Stanley | 05/02/23 | 1,340 | ||||||
JPY | 605,000 | USD | 4,569 | Toronto Dominion Securities | 04/04/23 | (12 | ) | |||||
$ | (7,891 | ) |
At March 31, 2023, the following futures contracts were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Description | Number of Contracts | Expiration Date | Notional Amount | Unrealized Appreciation/ (Depreciation) | ||||||||
Long Contracts: | ||||||||||||
3-Month Euribor | 5 | 12/18/23 | $ | 1,307,641 | $ | 470 | ||||||
3-month SOFRRATE | 27 | 09/16/25 | 6,548,175 | 27,631 | ||||||||
Euro-Bund | 10 | 06/08/23 | 1,473,191 | 52,986 | ||||||||
U.S. Treasury 2-Year Note | 166 | 06/30/23 | 34,721,219 | 345,895 | ||||||||
U.S. Treasury 5-Year Note | 24 | 06/30/23 | 2,628,188 | (6,185 | ) | |||||||
$ | 46,678,414 | $ | 420,797 |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
Short Contracts: | ||||||||||||
3-Month Euribor | (5) | 06/19/23 | (1,308,997 | ) | 63 | |||||||
3-month SOFRRATE | (1) | 12/19/23 | (238,487 | ) | 1,636 | |||||||
3-month SOFRRATE | (8) | 03/19/24 | (1,914,000 | ) | (1,881 | ) | ||||||
Euro-Schatz | (31) | 06/08/23 | (3,553,428 | ) | 9,764 | |||||||
Japan 10-Year Bond (TSE) | (9) | 06/13/23 | (10,040,143 | ) | (184,067 | ) | ||||||
Long-Term Euro-BTP | (14) | 06/08/23 | (1,751,366 | ) | (56,409 | ) | ||||||
U.S. Treasury 10-Year Note | (61) | 06/21/23 | (7,010,234 | ) | (182,667 | ) | ||||||
U.S. Treasury Long Bond | (58) | 06/21/23 | (7,607,062 | ) | (303,127 | ) | ||||||
U.S. Treasury Ultra 10-Year Note | (89) | 06/21/23 | (10,781,516 | ) | (320,350 | ) | ||||||
U.S. Treasury Ultra Long Bond | (78) | 06/22/23 | (11,007,750 | ) | (298,440 | ) | ||||||
$ | (55,212,983 | ) | $ | (1,335,478 | ) |
At March 31, 2023, the following centrally cleared interest rate swaps were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Pay/Receive Floating Rate | Floating Rate Index | Floating Rate Index Payment Frequency | Fixed Rate | Fixed Rate Payment Frequency | Maturity Date | Notional Amount | Fair Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||||
Pay | 1-day Secured Overnight Financing Rate | Annual | 3.110 | % | Annual | 03/14/33 | USD | 596,505 | $ | (5,169 | ) | $ | (5,411 | ) | ||||||||
Pay | 1-day Secured Overnight Financing Rate | Annual | 3.306 | Annual | 03/15/33 | USD | 493,000 | 3,946 | 3,946 | |||||||||||||
Pay | 1-day Secured Overnight Financing Rate | Annual | 3.308 | Annual | 03/15/33 | USD | 404,000 | 3,323 | 3,323 | |||||||||||||
Pay | 1-day Secured Overnight Financing Rate | Annual | 3.214 | Annual | 03/17/33 | USD | 448,500 | 113 | 113 | |||||||||||||
Pay | 1-day Secured Overnight Financing Rate | Annual | 3.217 | Annual | 03/17/33 | USD | 448,500 | 227 | 227 | |||||||||||||
Receive | 1-day Overnight Tokyo Average Rate | Annual | 0.885 | Annual | 02/15/33 | JPY | 24,759,910 | (4,586 | ) | (4,586 | ) | |||||||||||
Receive | 1-day Overnight Tokyo Average Rate | Annual | 0.898 | Annual | 02/15/33 | JPY | 24,759,910 | (4,814 | ) | (4,814 | ) | |||||||||||
Receive | 1-day Overnight Tokyo Average Rate | Annual | 0.900 | Annual | 02/15/33 | JPY | 49,519,820 | (9,719 | ) | (9,719 | ) | |||||||||||
Receive | 1-day Overnight Tokyo Average Rate | Annual | 0.918 | Annual | 02/15/33 | JPY | 71,718,360 | (14,999 | ) | (14,999 | ) | |||||||||||
Receive | 1-day Secured Overnight Financing Rate | Annual | 3.361 | Annual | 12/22/32 | USD | 865,200 | (8,431 | ) | (8,431 | ) | |||||||||||
Receive | 1-day Secured Overnight Financing Rate | Annual | 3.783 | Annual | 03/06/33 | USD | 897,000 | (43,309 | ) | (43,309 | ) | |||||||||||
Receive | 1-day Secured Overnight Financing Rate | Annual | 3.350 | Annual | 03/20/33 | USD | 135,800 | (1,625 | ) | (1,625 | ) | |||||||||||
$ | (85,043 | ) | $ | (85,285 | ) |
At March 31, 2023, the following centrally cleared inflation-linked swaps were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Pay/Receive Floating Rate | Floating Rate Index | Floating Rate Index Payment Frequency | Fixed Rate | Fixed Rate Payment Frequency | Maturity Date | Notional Amount | Fair Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||||
Pay | Eurostat Eurozone HICP ex Tobacco NSA (CPTFEMU) | At Termination Date | 2.540 | % | At Termination Date | 03/15/33 | EUR | 200,000 | $ | 568 | $ | 466 | ||||||||||
Pay | Eurostat Eurozone HICP ex Tobacco NSA (CPTFEMU) | At Termination Date | 2.433 | At Termination Date | 07/15/52 | EUR | 15,000 | (1,684 | ) | (1,684 | ) | |||||||||||
Pay | Eurostat Eurozone HICP ex Tobacco NSA (CPTFEMU) | At Termination Date | 2.441 | At Termination Date | 08/15/52 | EUR | 75,000 | (7,702 | ) | (7,702 | ) | |||||||||||
Pay | Eurostat Eurozone HICP ex Tobacco NSA (CPTFEMU) | At Termination Date | 2.641 | At Termination Date | 03/15/53 | EUR | 40,000 | (185 | ) | (185 | ) | |||||||||||
Pay | Eurostat Eurozone HICP ex Tobacco NSA (CPTFEMU) | At Termination Date | 2.688 | At Termination Date | 03/15/53 | EUR | 40,000 | 461 | 461 | |||||||||||||
Pay | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.170 | At Termination Date | 10/21/23 | USD | 330,000 | (1,190 | ) | (1,190 | ) | |||||||||||
Pay | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.210 | At Termination Date | 01/06/24 | USD | 670,000 | (5,080 | ) | (5,080 | ) | |||||||||||
Pay | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.554 | At Termination Date | 02/10/33 | USD | 280,000 | (1,465 | ) | (1,465 | ) |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
Receive | Eurostat Eurozone HICP ex Tobacco NSA (CPTFEMU) | At Termination Date | 2.604 | At Termination Date | 08/15/52 | EUR | 35,000 | 1,695 | 1,695 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 4.223 | At Termination Date | 04/08/24 | USD | 8,900,000 | 54,566 | 54,566 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.023 | At Termination Date | 05/02/24 | USD | 3,500,000 | 386,166 | 386,166 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 1.706 | At Termination Date | 08/12/24 | USD | 1,300,000 | 160,034 | 160,034 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.995 | At Termination Date | 10/21/24 | USD | 330,000 | (995 | ) | (995 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.483 | At Termination Date | 12/23/24 | USD | 3,800,000 | 16,284 | 16,284 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.313 | At Termination Date | 01/06/25 | USD | 670,000 | 4,315 | 4,315 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 0.945 | At Termination Date | 03/12/25 | USD | 1,650,000 | 262,816 | 262,816 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.540 | At Termination Date | 03/30/25 | USD | 1,400,000 | 1,711 | 1,711 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.794 | At Termination Date | 04/08/25 | USD | 5,300,000 | 2,099 | 2,099 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.563 | At Termination Date | 06/24/25 | USD | 4,900,000 | (34,373 | ) | (34,373 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.100 | At Termination Date | 08/08/25 | USD | 2,200,000 | (10,568 | ) | (10,568 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 1.783 | At Termination Date | 11/04/25 | USD | 1,300,000 | 169,078 | 169,031 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.098 | At Termination Date | 11/29/25 | USD | 1,600,000 | 171,005 | 171,005 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.526 | At Termination Date | 04/08/26 | USD | 16,000,000 | (22,615 | ) | (22,615 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.270 | At Termination Date | 06/24/26 | USD | 6,500,000 | (35,762 | ) | (35,762 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.925 | At Termination Date | 02/02/27 | USD | 3,400,000 | 95,417 | 95,417 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.000 | At Termination Date | 02/25/27 | USD | 5,540,000 | 119,482 | 119,482 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.213 | At Termination Date | 03/02/27 | USD | 1,350,000 | 14,613 | 14,613 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.290 | At Termination Date | 03/07/27 | USD | 2,200,000 | 13,796 | 13,796 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.646 | At Termination Date | 05/04/27 | USD | 2,500,000 | (52,789 | ) | (52,789 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.262 | At Termination Date | 05/12/27 | USD | 1,955,000 | (8,136 | ) | (8,136 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.904 | At Termination Date | 07/05/27 | USD | 2,025,000 | 9,576 | 9,576 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.030 | At Termination Date | 08/02/27 | USD | 2,400,000 | (20,915 | ) | (26,145 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.765 | At Termination Date | 09/23/27 | USD | 485,000 | (2,717 | ) | (2,717 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.607 | At Termination Date | 12/12/27 | USD | 8,245,000 | 23,882 | 23,882 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.613 | At Termination Date | 12/12/27 | USD | 2,395,000 | 6,257 | 6,257 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.440 | At Termination Date | 01/30/28 | USD | 2,300,000 | 20,507 | 30,738 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.890 | At Termination Date | 08/02/29 | USD | 2,100,000 | (12,260 | ) | (17,652 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.480 | At Termination Date | 01/30/30 | USD | 1,200,000 | 11,851 | 19,366 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.524 | At Termination Date | 03/30/30 | USD | 2,500,000 | 16,032 | 16,032 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.087 | At Termination Date | 04/08/30 | USD | 2,950,000 | (3,648 | ) | (3,648 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.468 | At Termination Date | 04/19/31 | USD | 535,000 | 53,413 | 53,413 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.843 | At Termination Date | 06/24/31 | USD | 2,650,000 | 2,746 | 2,746 | |||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.586 | At Termination Date | 04/04/33 | USD | 775,000 | – | – |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.493 | At Termination Date | 12/12/52 | USD | 50,000 | (713 | ) | (713 | ) | |||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.449 | At Termination Date | 02/10/53 | USD | 100,000 | (395 | ) | 127 | ||||||||||||
Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 2.390 | At Termination Date | 03/10/53 | USD | 1,000,387 | 11,654 | 11,654 | |||||||||||||
$ | 1,406,832 | $ | 1,414,329 |
At March 31, 2023, the following OTC inflation-linked swaps were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Counterparty | Pay/Receive Floating Rate | Floating Rate Index | Floating Rate Index Payment Frequency | Fixed Rate | Fixed Rate Payment Frequency | Maturity Date | Notional Amount | Fair Value | Upfront Payments Paid/ (Received) | Unrealized Appreciation/ (Depreciation) | |||||||||||||||||
Citibank N.A. | Receive | U.S. CPI Urban Consumers NSA (CPURNSA) | At Termination Date | 3.562 | % | At Termination Date | 01/15/25 | USD | 14,500,000 | $ | 385,250 | $ | – | $ | 385,250 | ||||||||||||
$ | 385,250 | $ | – | $ | 385,250 |
At March 31, 2023, the following purchased exchange-traded options were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Description | Put/Call | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Cost | Fair Value | ||||
3-month SOFRRATE | Put | 04/14/23 | 95.81 | USD | 185 | USD | 44,312,125 | $ | 83,607 | $ | 4,625 |
$ | 83,607 | $ | 4,625 |
At March 31, 2023, the following exchange-traded written options were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Description | Put/Call | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Premiums Received | Fair Value | ||||
3-month SOFRRATE | Put | 04/14/23 | 95.13 | USD | 247 | USD | 58,742,775 | $ | 26,826 | $ | (1,544) |
$ | 26,826 | $ | (1,544) |
At March 31, 2023, the following OTC purchased foreign currency options were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Description | Counterparty | Expiration Date | Exercise Price | Notional Amount | Cost | Fair Value | |||
Call USD vs. Put EUR | Goldman Sachs International | 06/29/23 | 1.075 | EUR | 2,902,000 | $ | 32,223 | $ | 31,343 |
$ | 32,223 | $ | 31,343 |
At March 31, 2023, the following OTC written foreign currency options were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Description | Counterparty | Expiration Date | Exercise Price | Notional Amount | Premiums Received | Fair Value | |||
Call USD vs. Put EUR | Goldman Sachs International | 06/29/23 | 1.020 | EUR | 2,902,000 | $ | 5,815 | $ | (5,137) |
$ | 5,815 | $ | (5,137) |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
At March 31, 2023, the following OTC purchased interest rate swaptions were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Description | Counterparty | Pay/ Receive Exercise Rate | Exercise Rate | Floating Rate Index | Expiration Date | Notional Amount | Cost | Fair Value | |||||||||||||
Call on 10-Year Interest Rate Swap(1) | Morgan Stanley & Co. PLC | Receive | 3.000 | % | 1-day Secured Overnight Financing Rate | 03/28/24 | USD | 1,868,500 | $ | 65,678 | $ | 65,678 | |||||||||
Put on 10-Year Interest Rate Swap(2) | Morgan Stanley & Co. PLC | Pay | 3.000 | % | 1-day Secured Overnight Financing Rate | 03/28/24 | USD | 1,868,500 | 65,678 | 65,678 | |||||||||||
$ | 131,356 | $ | 131,356 |
At March 31, 2023, the following OTC written interest rate swaptions were outstanding for VY® BlackRock Inflation Protected Bond Portfolio:
Description | Counterparty | Pay/ Receive Exercise Rate | Exercise Rate | Floating Rate Index | Expiration Date | Notional Amount | Premiums Received | Fair Value | |||||||||||||
Call on 10-Year Interest Rate Swap(2) | Barclays Bank PLC | Pay | 3.348 | % | 1-day Secured Overnight Financing Rate | 02/20/24 | USD | 765,938 | $ | 25,965 | $ | (37,219 | ) | ||||||||
Call on 10-Year Interest Rate Swap(2) | Deutsche Bank AG | Pay | 3.023 | % | 1-day Secured Overnight Financing Rate | 12/14/23 | USD | 3,777,000 | 150,513 | (111,059 | ) | ||||||||||
Put on 10-Year Interest Rate Swap(1) | Barclays Bank PLC | Receive | 3.348 | % | 1-day Secured Overnight Financing Rate | 02/20/24 | USD | 765,938 | 25,965 | (18,991 | ) | ||||||||||
Put on 10-Year Interest Rate Swap(1) | Deutsche Bank AG | Receive | 3.023 | % | 1-day Secured Overnight Financing Rate | 12/14/23 | USD | 3,777,000 | 150,514 | (129,911 | ) | ||||||||||
Put on 2-Year Interest Rate Swap | Citibank N.A. | Receive | 4.920 | % | 1-day Sterling Overnight Index Average (SONIA) | 09/07/23 | GBP | 2,205,000 | 11,215 | (8,244 | ) | ||||||||||
$ | 364,172 | $ | (305,424 | ) |
The following sales commitments were held by the VY® BlackRock Inflation Protected Bond Portfolio at March 31, 2023:
Principal Amount | Description | Contractual Settlement Date | Fair Value | |||||||
$ | (327,600 | ) | Ginnie Mae TBA, 2.500%, due 04/15/53 | 04/20/23 | $ | (288,326 | ) | |||
(31,000 | ) | Uniform Mortgage-Backed Securities, 1.500%, due 04/15/38 | 04/17/23 | (27,255 | ) | |||||
(16,200 | ) | Uniform Mortgage-Backed Securities, 1.500%, due 04/15/53 | 04/13/23 | (12,717 | ) | |||||
(218,000 | ) | Uniform Mortgage-Backed Securities, 2.000%, due 04/15/38 | 04/17/23 | (196,705 | ) | |||||
(68,000 | ) | Uniform Mortgage-Backed Securities, 2.500%, due 04/15/38 | 04/17/23 | (63,115 | ) | |||||
(755,600 | ) | Uniform Mortgage-Backed Securities, 2.500%, due 05/15/53 | 05/11/23 | (652,030 | ) | |||||
(19,000 | ) | Uniform Mortgage-Backed Securities, 3.000%, due 04/15/38 | 04/17/23 | (18,013 | ) | |||||
(21,000 | ) | Uniform Mortgage-Backed Securities, 3.500%, due 04/15/38 | 04/17/23 | (20,301 | ) | |||||
(319,000 | ) | Uniform Mortgage-Backed Securities, 3.500%, due 05/15/53 | 05/11/23 | (296,633 | ) | |||||
(55,000 | ) | Uniform Mortgage-Backed Securities, 4.000%, due 04/15/53 | 04/13/23 | (52,607 | ) | |||||
(1,311,290 | ) | Uniform Mortgage-Backed Securities, 2.000%, due 05/15/52 | 05/11/23 | (1,085,713 | ) | |||||
(585,500 | ) | Uniform Mortgage-Backed Securities, 3.000%, due 05/15/52 | 05/11/23 | (526,172 | ) | |||||
Total Sales Commitments Proceeds receivable $(3,235,859) | $ | (3,239,587 | ) |
VY® BlackRock Inflation Protected Bond Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
(1) | Portfolio receives the exercise rate semi-annually and pays the floating rate index quarterly. |
(2) | Portfolio pays the exercise rate semi-annually and receives the floating rate index quarterly. |
Currency Abbreviations | ||
EUR | - | EU Euro |
GBP | - | British Pound |
JPY | - | Japanese Yen |
USD | - | United States Dollar |
At March 31, 2023, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments on a tax basis were:
Cost for federal income tax purposes was $277,615,841.
Net unrealized depreciation consisted of:
Gross Unrealized Appreciation | $ | 729,775 | ||
Gross Unrealized Depreciation | (20,445,371 | ) | ||
Net Unrealized Depreciation | $ | (19,715,596 | ) |