Voya Russell (TM) Small Cap Index Portfolio - Class I Release Date

03-31-18..........................................................................................................................................................................................................................................................................................................................................CategorySmall Blend

Investment Objective & StrategyFrom the investment's prospectus

The investment seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell 2000® Index ("index"). The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of companies, which are at the time of purchase, included in the index; convertible securities that are convertible into stocks included in the index; other derivatives whose economic returns are, by design, closely equivalent to the returns of the index or its components; and exchange-traded funds. Past name(s) : ING Russell Small Cap Index Port I.

Volatility and RiskVolatility as of 03-31-18

Low Moderate High

Investment

Category

Risk Measures as of 03-31-18 Port Avg Rel S&P 500 Rel Cat3 Yr Std Dev 13.90 1.35 1.043 Yr Beta 1.03 . 1.08

Principal RisksLending, Credit and Counterparty, Loss of Money, Not FDICInsured, Index Correlation/Tracking Error, Issuer, Interest Rate,Market/Market Volatility, Convertible Securities, Restricted/Illiquid Securities, Underlying Fund/Fund of Funds, Derivatives,Portfolio Diversification, Small Cap

Important InformationMorningstar Investment Profiles must be accompaniedby Morningstar Disclosure and Glossary.

Funds or their affiliates may pay compensation to Voya®affiliates offering a fund. Such compensation may be paid outof distribution, service and/or 12b-1 fees that are deducted fromthe fund's assets, and/or may be paid directly by the fund'saffiliates. Any fees deducted from fund assets are discussed inthe fund's prospectus and disclosed in the fund fact sheet.Because these fees are paid on an on-going basis, over timethese fees will increase the cost of your investment and maycost you more than paying other types of sales charges. Ifoffered through a retirement program, additional fees andexpenses may be charged under that program. NOT A DEPOSIT.NOT FDIC INSURED. NOT INSURED BY ANY FEDERALGOVERNMENT AGENCY. NOT GUARANTEED BY THEINSTITUTION. MAY GO DOWN IN VALUE.

Portfolio AnalysisComposition as of 12-31-17 % Assets

U.S. Stocks 98.2Non-U.S. Stocks 1.0Bonds 0.0Cash 0.8Other 0.0

Morningstar Style Box™ as of 12-31-17 % Mkt Cap

LargeM

idSm

all

Value Blend Growth

Giant 0.00..........................................................Large 0.00Medium 5.77Small 61.65..........................................................Micro 32.58

Top 10 Holdings as of 12-31-17 % Assets

Emin Russell 2000 Mar18 03-16-18 0.87BlackRock Liquidity FedFund Instl 0.76Nektar Therapeutics Inc 0.42bluebird bio Inc 0.41Exact Sciences Corp 0.29.......................................................................................................GrubHub Inc 0.29Sage Therapeutics Inc 0.29Knight-Swift Transportation Holdings Inc A 0.26Curtiss-Wright Corp 0.25EPAM Systems Inc 0.25

Morningstar Equity Sectors as of 12-31-17 % Fund

h Cyclical 43.16........................................................................................................r Basic Materials 5.98t Consumer Cyclical 12.43y Financial Services 17.17u Real Estate 7.58

j Sensitive 35.40........................................................................................................i Communication Services 1.10o Energy 3.23p Industrials 14.77a Technology 16.30

k Defensive 21.44........................................................................................................s Consumer Defensive 3.59d Healthcare 14.33f Utilities 3.52

OperationsGross Prosp Exp Ratio 0.46% of fund assetsNet Prosp Exp Ratio 0.45% of fund assetsManagement Fee 0.43%12b-1 Fee .Other Fee 0.00%Miscellaneous Fee(s) 0.03%Fund Inception Date 03-10-08Total Fund Assets ($mil) 927.5Annual Turnover Ratio % 18.00Fund Family Name Voya

Waiver Data Type Exp. Date %

Expense Ratio Contractual 05-01-18 0.01

Portfolio Manager(s)

Steven Wetter. Since 2012.Kai Wong. Since 2013.................................................................................................Advisor Voya Investments, LLCSubadvisor Voya Investment Management Co.

LLC

NotesThe adviser is contractually obligated to limit expenses to 0.45% through May 1, 2018. The limitation does not extend to interest,taxes, investment-related costs, leverage expenses, extraordinary expenses, and Acquired Fund Fees and Expenses. This limitationis subject to possible recoupment by the adviser within 36 months of the waiver or reimbursement. Termination or modification ofthis obligation requires approval by the Portfolio's board.

©2018 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) maynot be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any useof information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com.

ß® 13.1563-118 (4/18)

CN0207-39981-0320D