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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Post by zorgon1on Feb 09, 2012 7:43pm

617 Views

Post# 19512858

Michael Decter on BNN

What I heard was be patient, it's a hold and we should hear something in a couple of weeks. He expects a minimum bid of $3.25 which may provide for a bidding war and he hopes we see $4.00. If a take-over doesn't pan out not to worry because production will be about 20,000 BOPD in about 16 months. As we know, LDIC holds a large number of shares.

I'm sure the link will be posted shortly.

This is a such a no-brainer under $3.00...

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