May 1, 2019 Mr. Todd Modic Senior Vice President Voya Investments, LLC Suite 100 Scottsdale, AZ 85258 Dear Mr. Modic:
May 1, 2019
Xx. Xxxx Xxxxx
Senior Vice President
Voya Investments, LLC
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Investment Management Agreement, dated May 1, 2017, between Voya Investors Trust (“VIT”) and Voya Investments, LLC (the “Agreement”), we hereby notify you of our intention to modify the annual investment management fee rate for Voya Balanced Income Portfolio (formerly, VY® Franklin Income Portfolio, the “Portfolio”), a series of VIT, effective on May 1, 2019, upon all of the terms and conditions set forth in the Agreement.
Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending Schedule A of the Agreement. The Amended Schedule A, which indicates the modified annual investment management fee rate for the Portfolio, is attached hereto.
Please signify your acceptance to the modified annual investment management fee rate for the aforementioned Portfolio by signing below.
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Very sincerely, | ||
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By: |
/s/ Xxxxxxxx Xxxxxxxx | ||
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Xxxxxxxx X. Xxxxxxxx | ||
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Senior Vice President | ||
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Voya Partners, Inc. | ||
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ACCEPTED AND AGREED TO: | ||||
Voya Investments, LLC | ||||
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By: |
/s/ Xxxx Xxxxx |
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Name: |
Xxxx Xxxxx |
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Title: |
Senior Vice President, Xxxx Authorized |
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AMENDED SCHEDULE A
with respect to the
INVESTMENT MANAGEMENT AGREEMENT
between
and
VOYA INVESTMENTS, LLC
Series |
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Annual Management Fee |
Voya Balanced Income Portfolio (formerly, VY® Franklin Income Portfolio) |
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0.550% on all assets |
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VY® BlackRock Inflation Protected Bond Portfolio |
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0.550% on first $200 million of assets; |
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VY® Clarion Real Estate Portfolio |
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0.850% on first $200 million of assets; |
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Voya Large Cap Growth Portfolio |
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0.650% on the first $5.5 billion of assets; |
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Voya Large Cap Value Portfolio |
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0.750% on first $500 million of assets; |
Series |
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Annual Management Fee |
Voya Retirement Conservative Portfolio |
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Direct Investments(1) |
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Voya Retirement Growth Portfolio |
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Direct Investments(1) |
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Voya Retirement Moderate Growth Portfolio |
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Direct Investments(1) |
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Voya Retirement Moderate Portfolio |
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Direct Investments(1) |
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VY® X. Xxxx Price International Stock Portfolio |
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0.640% on first $4 billion of assets; and |
(1) “Direct Investments” shall mean assets which are not Underlying Funds.
(2) “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the Voya family of funds. The phrase “family of funds” shall have the same meaning as “fund complex” as defined in Item 17 of Form N-1A, as it was in effect on May 1, 2017.