Contract
(d)(3)(F)
January 1, 2023
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, Arizona 85258-2034
Re: Expense Limitations
Ladies and Gentlemen:
By execution of this letter agreement, Voya Investments, LLC ("VIL"), the investment manager to VY® JPMorgan Investment Management Portfolio (the "Portfolio"), a series of Voya Investors Trust ("VIT"), agrees that, from January 1, 2023 through May 1, 2024, VIL shall waive all or a portion of its management fee and/or reimburse expenses to limit ordinary operating expenses, excluding interest, taxes, other investment-related costs, leverage expenses, extraordinary expenses such as litigation, other expenses not incurred in the ordinary course of the Portfolio's business, and expenses of any counsel or other persons or services retained by VIT's trustees who are not "interested persons," as that term is defined in the Investment Company Act of 1940, in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Portfolio shall be as follows:
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Name of Portfolio |
Maximum Operating Expense Ratios |
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(as a percentage of average net assets) |
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Share Classes |
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Adviser |
Initial |
R6 |
Service |
Service 2 |
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VY® JPMorgan Emerging Markets Equity |
1.81% |
1.21% |
1.21% |
1.46% |
1.61% |
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Portfolio |
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We are willing to be bound by this letter agreement to lower our fees for the period from January 1, 2023 through May 1, 2024. VIL acknowledges that: (1) it shall not be entitled to collect on or make a claim for waived fees at any time in the future; and (2) it shall not be entitled to collect on or make a claim for reimbursed expenses at any time in the future.
REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK
January 1, 2023
Page 2
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of VIT.
Very sincerely,
By: /s/ Xxxx Xxxxx_________________
Name: Xxxx Xxxxx
Title: Senior Vice President
Voya Investments, LLC
ACCEPTED AND AGREED TO:
By: /s/ Xxxxxxxx X. Xxxxxxxx
Name: Xxxxxxxx X. Xxxxxxxx
Title: Senior Vice President, Xxxx Authorized
