VY® Invesco Growth and Income Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) |
Shares | Value | Percentage of Net Assets | |||
COMMON STOCK: 97.9% | |||||
Communication Services: 6.8% | |||||
11,733 | (1) | Charter Communications, Inc. | $ | 4,195,838 | 1.1 |
136,064 | Comcast Corp. – Class A | 5,158,186 | 1.3 | ||
22,698 | (1) | Meta Platforms, Inc. | 4,810,614 | 1.3 | |
46,054 | (1) | T-Mobile US, Inc. | 6,670,462 | 1.7 | |
53,046 | (1) | Walt Disney Co. | 5,311,496 | 1.4 | |
26,146,596 | 6.8 | ||||
Consumer Discretionary: 7.5% | |||||
50,224 | (1) | Amazon.com, Inc. | 5,187,637 | 1.3 | |
1,416 | (1) | Booking Holdings, Inc. | 3,755,812 | 1.0 | |
236,500 | General Motors Co. | 8,674,820 | 2.3 | ||
85,679 | (1) | Las Vegas Sands Corp. | 4,922,258 | 1.3 | |
78,296 | TJX Cos., Inc. | 6,135,275 | 1.6 | ||
28,675,802 | 7.5 | ||||
Consumer Staples: 6.1% | |||||
117,337 | Diageo PLC | 5,236,684 | 1.4 | ||
70,092 | Kraft Heinz Co. | 2,710,458 | 0.7 | ||
67,213 | Philip Morris International, Inc. | 6,536,464 | 1.7 | ||
59,785 | Sysco Corp. | 4,617,195 | 1.2 | ||
115,101 | (1) | US Foods Holding Corp. | 4,251,831 | 1.1 | |
23,352,632 | 6.1 | ||||
Energy: 10.3% | |||||
36,283 | Chevron Corp. | 5,919,934 | 1.5 | ||
112,988 | ConocoPhillips | 11,209,540 | 2.9 | ||
75,692 | Devon Energy Corp. | 3,830,772 | 1.0 | ||
88,941 | Exxon Mobil Corp. | 9,753,270 | 2.6 | ||
35,815 | Phillips 66 | 3,630,925 | 1.0 | ||
24,667 | Pioneer Natural Resources Co. | 5,037,988 | 1.3 | ||
39,382,429 | 10.3 | ||||
Financials: 20.6% | |||||
25,951 | American Express Co. | 4,280,617 | 1.1 | ||
161,379 | American International Group, Inc. | 8,127,046 | 2.1 | ||
316,661 | Bank of America Corp. | 9,056,505 | 2.4 | ||
70,385 | Charles Schwab Corp. | 3,686,766 | 1.0 | ||
181,377 | Citizens Financial Group, Inc. | 5,508,419 | 1.4 | ||
41,519 | (1) | Fiserv, Inc. | 4,692,893 | 1.2 | |
19,907 | Goldman Sachs Group, Inc. | 6,511,779 | 1.7 | ||
94,596 | KKR & Co., Inc. | 4,968,182 | 1.3 | ||
62,957 | Morgan Stanley | 5,527,625 | 1.5 | ||
54,746 | (1) | PayPal Holdings, Inc. | 4,157,411 | 1.1 | |
28,835 | PNC Financial Services Group, Inc. | 3,664,929 | 1.0 | ||
339,911 | Wells Fargo & Co. | 12,705,873 | 3.3 | ||
24,523 | Willis Towers Watson PLC | 5,698,655 | 1.5 | ||
78,586,700 | 20.6 | ||||
Health Care: 18.0% | |||||
103,335 | Bristol-Myers Squibb Co. | 7,162,149 | 1.9 | ||
58,143 | (1) | Centene Corp. | 3,675,219 | 1.0 | |
22,849 | Cigna Corp. | 5,838,605 | 1.5 | ||
43,678 | CVS Health Corp. | 3,245,712 | 0.8 | ||
6,075 | Elevance Health, Inc. | 2,793,346 | 0.7 | ||
35,852 | (1) | GE HealthCare Technologies, Inc. | 2,940,940 | 0.8 | |
163,720 | GSK PLC | 2,892,806 | 0.8 | ||
51,285 | Johnson & Johnson | 7,949,175 | 2.1 | ||
8,569 | McKesson Corp. | 3,050,992 | 0.8 | ||
76,562 | Medtronic PLC | 6,172,428 | 1.6 | ||
75,224 | Merck & Co., Inc. | 8,003,081 | 2.1 | ||
74,886 | Sanofi | 8,123,573 | 2.1 | ||
25,512 | Universal Health Services, Inc. | 3,242,575 | 0.8 | ||
28,098 | Zimmer Biomet Holdings, Inc. | 3,630,262 | 1.0 | ||
68,720,863 | 18.0 | ||||
Industrials: 11.9% | |||||
193,695 | CSX Corp. | 5,799,228 | 1.5 | ||
40,719 | Emerson Electric Co. | 3,548,254 | 0.9 | ||
46,400 | Ferguson PLC | 6,206,000 | 1.6 | ||
124,355 | Johnson Controls International plc | 7,488,658 | 2.0 | ||
26,072 | Parker Hannifin Corp. | 8,763,060 | 2.3 | ||
60,846 | Raytheon Technologies Corp. | 5,958,649 | 1.6 | ||
37,338 | Stanley Black & Decker, Inc. | 3,008,696 | 0.8 | ||
63,830 | Textron, Inc. | 4,508,313 | 1.2 | ||
45,280,858 | 11.9 | ||||
Information Technology: 11.1% | |||||
137,554 | Cisco Systems, Inc. | 7,190,635 | 1.9 | ||
83,420 | Cognizant Technology Solutions Corp. | 5,082,781 | 1.3 | ||
102,354 | Intel Corp. | 3,343,905 | 0.9 | ||
8,689 | Lam Research Corp. | 4,606,213 | 1.2 | ||
44,163 | Micron Technology, Inc. | 2,664,795 | 0.7 | ||
22,888 | NXP Semiconductor NV - NXPI - US | 4,268,040 | 1.1 | ||
34,863 | Qualcomm, Inc. | 4,447,821 | 1.1 | ||
18,510 | (1) | Salesforce, Inc. | 3,697,928 | 1.0 | |
35,787 | (1) | Splunk, Inc. | 3,431,258 | 0.9 | |
29,068 | TE Connectivity Ltd. | 3,812,268 | 1.0 | ||
42,545,644 | 11.1 | ||||
Materials: 1.9% | |||||
178,895 | Barrick Gold Corp. | 3,322,080 | 0.9 | ||
66,199 | Corteva, Inc. | 3,992,462 | 1.0 | ||
7,314,542 | 1.9 | ||||
Real Estate: 2.3% | |||||
120,636 | (1) | CBRE Group, Inc. | 8,783,507 | 2.3 | |
Utilities: 1.4% | |||||
35,672 | American Electric Power Co., Inc. | 3,245,795 | 0.8 | ||
54,155 | Exelon Corp. | 2,268,553 | 0.6 | ||
5,514,348 | 1.4 | ||||
Total Common Stock | |||||
(Cost $324,079,133) | 374,303,921 | 97.9 |
VY® Invesco Growth and Income Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
Shares | Value | Percentage of Net Assets | ||||
SHORT-TERM INVESTMENTS: 1.9% | ||||||
Mutual Funds: 1.9% | ||||||
7,222,531 | (2) | BlackRock Liquidity Funds, FedFund, Institutional Class, 4.720% | ||||
(Cost $7,222,531) | $ | 7,222,531 | 1.9 | |||
Total Short-Term Investments | ||||||
(Cost $7,222,531) | 7,222,531 | 1.9 | ||||
Total Investments in Securities (Cost $331,301,664) | $ | 381,526,452 | 99.8 | |||
Assets in Excess of Other Liabilities | 787,627 | 0.2 | ||||
Net Assets | $ | 382,314,079 | 100.0 |
(1) | Non-income producing security. |
(2) | Rate shown is the 7-day yield as of March 31, 2023. |
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 | ||||||||||||||||
Common Stock | ||||||||||||||||
Communication Services | $ | 26,146,596 | $ | – | $ | – | $ | 26,146,596 | ||||||||
Consumer Discretionary | 28,675,802 | – | – | 28,675,802 | ||||||||||||
Consumer Staples | 18,115,948 | 5,236,684 | – | 23,352,632 | ||||||||||||
Energy | 39,382,429 | – | – | 39,382,429 | ||||||||||||
Financials | 78,586,700 | – | – | 78,586,700 | ||||||||||||
Health Care | 57,704,484 | 11,016,379 | – | 68,720,863 | ||||||||||||
Industrials | 45,280,858 | – | – | 45,280,858 | ||||||||||||
Information Technology | 42,545,644 | – | – | 42,545,644 | ||||||||||||
Materials | 7,314,542 | – | – | 7,314,542 | ||||||||||||
Real Estate | 8,783,507 | – | – | 8,783,507 | ||||||||||||
Utilities | 5,514,348 | – | – | 5,514,348 | ||||||||||||
Total Common Stock | 358,050,858 | 16,253,063 | – | 374,303,921 | ||||||||||||
Short-Term Investments | 7,222,531 | – | – | 7,222,531 | ||||||||||||
Total Investments, at fair value | $ | 365,273,389 | $ | 16,253,063 | $ | – | $ | 381,526,452 | ||||||||
Other Financial Instruments+ | ||||||||||||||||
Forward Foreign Currency Contracts | – | 278 | – | 278 | ||||||||||||
Total Assets | $ | 365,273,389 | $ | 16,253,341 | $ | – | $ | 381,526,730 | ||||||||
Liabilities Table | ||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||
Forward Foreign Currency Contracts | $ | – | $ | (103,401 | ) | $ | – | $ | (103,401 | ) | ||||||
Total Liabilities | $ | – | $ | (103,401 | ) | $ | – | $ | (103,401 | ) |
+ | 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. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a portion of the Portfolio's investments are categorized as Level 2 investments. |
VY® Invesco Growth and Income Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2023 (Unaudited) (Continued) |
At March 31, 2023, the following forward foreign currency contracts were outstanding for VY® Invesco Growth and Income Portfolio:
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||||||
GBP 73,860 | USD 90,970 | State Street Bank and Trust Co. | 04/28/23 | $ | 189 | |||||
USD 87,661 | EUR 80,824 | State Street Bank and Trust Co. | 04/28/23 | (111 | ) | |||||
USD 158,817 | EUR 146,207 | State Street Bank and Trust Co. | 04/28/23 | 42 | ||||||
USD 301,998 | EUR 280,043 | State Street Bank and Trust Co. | 04/28/23 | (2,116 | ) | |||||
USD 85,542 | EUR 78,728 | State Street Bank and Trust Co. | 04/28/23 | 47 | ||||||
USD 126,968 | GBP 103,325 | State Street Bank and Trust Co. | 04/28/23 | (557 | ) | |||||
USD 5,430,917 | EUR 5,030,649 | State Street Bank and Trust Co. | 04/28/23 | (32,146 | ) | |||||
USD 68,707 | GBP 56,319 | State Street Bank and Trust Co. | 04/28/23 | (803 | ) | |||||
USD 5,836,862 | GBP 4,784,039 | State Street Bank and Trust Co. | 04/28/23 | (67,668 | ) | |||||
$ | (103,123 | ) |
Currency Abbreviations | ||
EUR | - | EU Euro |
GBP | - | British Pound |
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 $333,159,950. | |||||
Net unrealized appreciation consisted of: | |||||
Gross Unrealized Appreciation | $ | 67,366,233 | |||
Gross Unrealized Depreciation | (19,102,854 | ) | |||
Net Unrealized Appreciation | $ | 48,263,379 |