October 1, 2019 Voya Series Fund, Inc. Suite 100 Scottsdale, AZ 85258-2034
October 1, 2019
Voya Series Fund, Inc.
0000 Xxxx 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 Series Fund, Inc. (“VSFI”), 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 October 1, 2019 through October 1, 2020, 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 Class A, Class I, Class R6, Class T, and Class W shares of the Fund shall be as follows:
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Maximum Operating Expense Limit |
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Classes |
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Name of Fund |
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A |
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I |
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R6 |
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T |
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W |
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Voya Corporate Leaders® 100 Fund |
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0.81 |
% |
0.49 |
% |
0.48 |
% |
0.81 |
% |
0.56 |
% |
We are willing to be bound by this letter agreement to lower our fees for the period from October 1, 2019 through October 1, 2020. 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.
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Directors of VSFI.
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Sincerely, | |
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By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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Voya Investments, LLC |
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Accepted:
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By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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Voya Series Fund, Inc. |
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