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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

Comment by Darilonon Nov 02, 2011 10:45am
354 Views
Post# 19201717

RE: O/T ... Mart Resources while we are at it

RE: O/T ... Mart Resources while we are at itI have holdings in both MMT and AEN, but much more of my investment money is in the sure thing - IAE.  MMT is a great little company with very little risk in terms of the drilling and technical side, but huge political risks being in Nigeria.  Make sure you understand the tax system (it's not really that much different in the end product from the N. Sea these days).   Pipelines are regularly bombed or drilled into and siphoned from in the Niger Delta.  MMT isn't in the core area of the delta where unrest is more common.  They have talked about building a second pipeline to get their oil out (through the nearby Shell facility), but I haven't heard any progress on that front.  In the meantime, they are pretty much at the mercy of AGIP (despite there being rumors of a deal for the last two months).

AEN has good holdings, but management appears to be pretty poor at leveraging them into producing assets.  IAE with poor execution.  There's a reason I have a much larger holding in IAE, but AEN's exploration successes keep me holding a small position.
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