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.

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Voya Asia Pacific High Dividend Equity Income Fund

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Comment by CapeBretonon Jun 15, 2012 1:36pm

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Post# 20018696

RE: Dividend vs. Share buyback

management has been very clear there will be NO dividend. They are considering a share buy back, but I believe this may be to only to discouarge a hostile bid.

I believe they are looking for a major acquistion up to 250 million, and will build up cash reserve along with the 400 million credit line to proceed with Hurricane/Stella. All of this will eventually in 2 to 3 years bring the stock to north of 3 dollars....ohhh which is what we could get now with accepting a bid.....

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