Voya High Income Floating Rate Fund is a non-redeemable investment fund. The investment objectives of the Fund are to provide monthly cash distributions; to preserve capital, and to generate increased returns in the event that short-term interest rates rise above applicable London Interbank Offered Rate (LIBOR) floors, through exposure to a diversified portfolio consisting of senior secured floating rate corporate loans and second lien secured floating rate loans of non-investment grade North American borrowers, and managed by Voya Investment Management Co. LLC. In order to achieve the Fund's investment objectives it invests in diversified portfolio composed primarily of first lien, senior secured floating rate loans and second lien secured floating rate loans. Upto 20% of total assets of the Fund may be invested in corporate bonds, unsecured loans and notes with fixed and floating interest rates and structured credit notes. Aston Hill Capital Markets Inc. is its manager.