Voya Asia Pacific High Dividend Equity Income Fund T.IAE

Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in approximately 60-120 equity securities and will select securities through a bottom-up process that is based upon quantitative screening and fundamental analysis. Voya Investments, LLC is an investment adviser of the Fund.

NYSE:IAE - Post by User

Voya Asia Pacific High Dividend Equity Income Fund

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Comment by zorgon1on Oct 21, 2011 9:52am

372 Views

Post# 19169590

RE: I'm amazed

It's pretty clear who is selling today, it's Brokerage GMP (house 74). As for the why, who knows. Perhaps they are overweighted in junior O&G stocks, perhaps they are just balancing portfolios. This will pass and the price will make a small pop is my guess. The good thing is that it's not multiple houses or the mysterious "anonymous" doing the selling so I'd gamble a guess that it is not related to events within our company. This too will pass. Like others, I look forward to Nov 1st when we are on the TSX senior board.

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This junior mining stock offers billions in market exposure