Contract
(d)(8)(v)
January 12, 2023
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258-2034
Re: Expense Limitations
Ladies and Gentlemen:
By execution of this letter agreement to the Expense Limitation Agreement ("ELA") between Voya Investments, LLC ("VIL") and Voya Equity Trust ("VET"), on behalf of Voya Corporate Leaders® 100 Fund (the "Fund"), intending to be legally bound hereby, VIL, the investment manager to the Fund, agrees that, from January 12, 2023 through October 1, 2023, VIL shall waive all or a portion of its investment management fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Fund shall be as follows:
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|
Maximum Operating Expense Limit |
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Name of Fund |
(as a percentage of average net assets) |
|||
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Share Classes |
|
|
|
|
A |
I |
R6 |
W |
|
Voya Corporate Leaders® 100 |
0.81% |
0.49% |
0.48% |
0.56% |
|
Fund |
|
|
|
|
We are willing to be bound by this letter agreement to lower our fees for the period from January 12, 2023 through October 1, 2023. The method of computation to determine the amount of the fee waiver and the definitions as set forth in the ELA shall apply, subject to possible recoupment by VIL within 36 months. This letter agreement shall terminate upon termination of the ELA.
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M:\FUNDS\Legal Admin\Registration Statements\1- Annual Updates\Domestic Equity\2023 1940 Act Fund - Voya MM Mid Cap Value Fund\Part C and Exhibits\Exhibits\(d)(8)(v) VET2-ExpA-SideA-(CL 100 Fund Remove Class T)-
2301F.docx
January 12, 2023
Page 2
Notwithstanding the foregoing, termination or modification of this letter agreement requires approval by the Board of Trustees of VET.
Very sincerely,
By: /s/ Xxxx Xxxxx_______________
Name: Xxxx Xxxxx
Title: Senior Vice President
Voya Investments, LLC
ACCEPTED AND AGREED TO: Voya Equity Trust
By: /s/ Xxxxxxxx X. Xxxxxxxx
Name: Xxxxxxxx X. Xxxxxxxx
Title: Senior Vice President, Xxxx Authorized
