Voya Separate Portfolios Trust

04/01/2026 | Press release | Distributed by Public on 04/01/2026 08:39

Prospectus by Investment Company (Form 497)

VOYA SEPARATE PORTFOLIOS TRUST

Voya VACS Series EMHCD Fund

(the "Fund")

Supplement dated April 1, 2026

to the Fund's Prospectus

dated June 27, 2025, as supplemented

(the "Prospectus")

Effective April 1, 2026: (1) Anil Katarya, CFA, is removed as portfolio manager for the Fund and (2) Yalcin Tarkocin, CFA, is added as portfolio manager for the Fund.

Effective April 1, 2026, the Fund's Prospectus is revised as follows:

1.All references to Anil Katarya, CFA, as portfolio manager for the Fund are hereby deleted in their entirety.

2.The sub-section of the Prospectus entitled "Portfolio Management - Portfolio Managers" in the Fund's summary section is deleted in its entirety and replaced with the following:

Portfolio Managers

Anthony Routh

Yalcin Tarkocin, CFA

Portfolio Manager (since 11/2022)

Portfolio Manager (since 4/2026)

3.The table in the sub-section of the Prospectus entitled "Management of the Fund - Portfolio Management" is amended to include the following:

Portfolio

Sub-

Fund

Professional Experience

Manager

Adviser

Yalcin

Voya IM

Voya VACS Series

Mr. Tarkocin, Portfolio Manager, is

Tarkocin,

EMHCD Fund

responsible for the management of emerging

CFA

markets portfolios across various mandates.

Previously at Voya IM, he was an emerging

markets corporate analyst. Prior to joining

Voya IM, Mr. Tarkocin was a technical

consultant for Perficient, serving fortune 500

clients in insurance and financial sectors. Prior

to that, he worked on NASA's Aquarius

mission as a research analyst.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

1


VOYA SEPARATE PORTFOLIOS TRUST

Voya VACS Series EMHCD Fund

(the "Fund")

Supplement dated April 1, 2026

to the Fund's Statement of Additional Information, as supplemented

dated June 27, 2025

(the "SAI")

Effective April 1, 2026: (1) Anil Katarya, CFA, is removed as portfolio manager for the Fund and (2) Yalcin Tarkocin, CFA, is added as portfolio manager for the Fund.

Effective April 1, 2026, the SAI is revised as follows:

1.All references to Anil Katarya, CFA, as portfolio manager for the Fund are hereby deleted in their entirety.

2.The table in the sub-section of the SAI entitled "Portfolio Management - Other Accounts Managed" is amended to include the following:

Registered Investment

Other Pooled

Portfolio

Companies

Investment Vehicles

Other Accounts

Number of

Total Assets

Number of

Total Assets

Number of

Total Assets

Manager

Fund(s)

Accounts

Accounts

Accounts

Yalcin

Voya VACS Series

0

$0

0

$0

1

$97,118,282

Tarkocin,

EMHCD Fund

CFA2

2

As of February 28, 2026.

3. The line items with respect to the Fund in the table in the sub-section of the SAI entitled "Portfolio

Management - Compensation - Voya IM" are deleted in their entirety and replaced with the following:

Fund

Portfolio Manager

Benchmark

Voya VACS Series EMHCD

Anthony Routh and Yalcin Tarkocin,

Bloomberg Global

Fund

CFA

Aggregate Index

4. The table in the sub-section of the SAI entitled "Portfolio Management - Ownership of Securities" is

amended to include the following:

Portfolio

Investment

Fund(s) Managed by the Portfolio Manager Dollar Range

Manager

Adviser or

of Fund

Sub-Adviser

Shares Owned

Yalcin Tarkocin,

Voya IM

Voya VACS Series EMHCD Fund

None

CFA1

1As of February 28, 2026.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

1


Voya Separate Portfolios Trust published this content on April 01, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 01, 2026 at 14:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]