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 fracpackon May 29, 2012 7:10pm

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Post# 19958383

EPS

While we are comparing apples to oranges, one thing I noticed is forward Earnings is looking to be 50 cents per share for IAE.

So even though we value energy stocks as function of Cash Flow, even using EPS this is the cheapest stock in Canada. 3.5x EPS is absolutely ridiculous, its basically saying there is zero growth. Meanwhile cash flow and earnings are growing exponentially. I think this should be significantly higher in the coming days as the losers are swept up and it comes back closer to peers. Big money on the table here.

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