October 1, 2023 (d)(6)(v)
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October 1, 2023 |
(d)(6)(v) |
0000 X. 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 Equity Trust ("VET"), on behalf of Voya Mid Cap Research Enhanced Index Fund (the "Fund"), intending to be legally bound hereby, VIL, the investment manager to the Fund agrees that, from October 1, 2023 through October 1, 2024, 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 Fund shall be as follows:
Maximum Operating Expense Limit
Name of Fund(as a percentage of average net assets) Share Classes
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A |
C |
I |
R |
W |
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Voya Mid Cap Research |
0.95% |
1.45% |
0.70% |
1.20% |
0.70% |
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Enhanced Index Fund |
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We are willing to be bound by this letter agreement to lower our fees for the period from October 1, 2023 through October 1, 2024. The method of computation to determine the amount of the fee waiver and the definitions as set forth in the ELA shall apply. 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. This letter agreement shall terminate upon termination of the ELA.
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October 1, 2023
Page 2
Notwithstanding the foregoing, termination or modification of this letter agreement requires
approval by the Board of Trustees of VET.
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
