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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 investpro2on Jan 21, 2012 10:34am
607 Views
Post# 19430843

Seasonal Strength Period for IAE

Seasonal Strength Period for IAE

Check out IAE chart, very strong seasonal period of strength for IAE, end of 2009 Dec IAE climbed from $1.25 to $3.00 approx from Dec to April 2010.

In late 2010, IAE climbed again from approx $2.00 to $3.00 peaking as we know in spring 2011.

Looks like we have our start this week of a very strong seasonal strength period for IAE, this time we started from approx $2.20 and IMO we are starting our seasonal climb strong upwards.

The great part of this we have some serious IAE news to back this up with Athena etc NRs, RBC mentioned catalysts NR on Athena flow rates expected in March/April, so the timing is perfect for a strong climb.

I for one would not be suprised to see IAE climb towards $4 in the next 1-3 months and then consolidate while IAE SP positions for its next run with Stella coming in H2 2013

 

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