August 1, 2020 Voya Funds Trust Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:
(d)(1)(iii)
August 1, 2020
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258
Ladies and Gentlemen:
By this letter dated August 1, 2020, 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 (the "Agreement"), between Voya Investments, LLC and Voya Funds Trust ("VFT"), with respect to Class P shares of Voya Floating Rate Fund and Voya High Yield Bond Fund (the "Funds"), each a series of VFT. Such waiver will be in an amount equal to the management fees allocated to, and otherwise payable by, the Class P shares of the Funds, thereby reducing the post-waiver fee rate payable by the Class P shares to 0.00%.
By this letter, we agree to waive the management fee for the period from August 1, 2020 through August 1, 2021.
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of VFT.
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August 1, 2020
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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
Agreed and Accepted: Voya Funds Trust
(on behalf of the Funds)
By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
|
Xxxxxxxx X. Xxxxxxxx |
|
Senior Vice President |
