Contract
(d)(1)(iii)
May 4, 2022
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258
RE: Management fee waiver for Voya Russia Fund
Ladies and Gentlemen:
By this letter dated May 4, 2022, we have agreed to waive the management fee payable to us under the Investment Management Agreement, dated November 18, 2014, as amended and restated on May 1, 2015, between Voya Investments, LLC and Voya Mutual Funds ("VMF") (the "Agreement"), with respect to Voya Russia Fund (the "Fund"), a series of VMF. Such waiver will be in an amount equal to the management fees allocated to, and otherwise payable by, the Fund, thereby reducing the post-waiver fee rate payable by the Fund to 0.00%.
By this letter, we agree to waive the management fee for the period from May 4, 2022 through December 31, 2023.
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of VMF.
REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK
May 4, 2022
Page 2
Please indicate your agreement to this reduction in fee by executing below in the place indicated.
Very sincerely,
By: /s/ Xxxx Xxxxx
Xxxx Xxxxx
Senior Vice President
Voya Investments, LLC
ACCEPTED AND AGREED TO: Voya Mutual Funds
(on behalf of the Fund)
By: /s/ Xxxxxxxx X. Xxxxxxxx
Xxxxxxxx X. Xxxxxxxx
Senior Vice President, Xxxx Authorized
