February 28, 2014 Mary Jean Milner Managing Director BNY MellonVoya STRATEGIC ALLOCATION PORTFOLIOS INC • April 28th, 2014
May 1, 2014 Voya Series Fund, Inc. Voya Strategic Allocation Portfolios, Inc. Suite 100 Scottsdale, Arizona 85258-2034Expense Limitations Agreement • April 28th, 2014 • Voya STRATEGIC ALLOCATION PORTFOLIOS INC
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Voya Investments, LLC (“VIL”), the adviser to Voya Capital Allocation Fund (“Capital Allocation Fund”), formerly Voya Strategic Allocation Conservative Fund, a series of Voya Series Fund, Inc., and Voya Strategic Allocation Conservative Portfolio, Voya Strategic Allocation Growth Portfolio, and Voya Strategic Allocation Moderate Portfolio, each a series of Voya Strategic Allocation Portfolios, Inc. (the latter three, collectively, the “Strategic Allocation Portfolios,” and altogether, collectively, the “Funds”), agrees that VIL shall, from May 1, 2014 through October 1, 2014 with respect to Capital Allocation Fund, and from May 1, 2014 through May 1, 2015 with respect to the Strategic Allocation Portfolios, 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 exp
