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 Mar 19, 2012 2:15pm

405 Views

Post# 19690679

RE: RE: RE: RE: things getting a little weird

Hi Sick:

I think I'll sit tight. Good to hear Decter's comments and his reassurance.

I did call Nick at Ithaca and nothing profound to report, as would be expected. It is to TRAP's advantage to evaluate the property on the low side and I suspect Dyas had been looking to sell a portion of their holdings for a while. Note there hasn't been an announcement from the Dyas side that I have seen; I wonder what that means? No, really, I have no idea but find that a bit odd.

Ithaca I think is looking for value elsewhere, (perhaps Stella?) or maybe something new that hasn't been discussed yet so why add to their present Athena position.

Anything can happen. Maybe Ithaca would just sell Athena and keep everything else; I'd like that personally.

I would hope for a closing bid of at least $3.00 to keep IAE marginable by every brokerage (who currently allow it to be margined).

If I may be so bold, here's a new one to research and watch, based in Alberta. Entrec, ENT.

Good luck to all...

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