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 Feb 13, 2013 12:51pm

195 Views

Post# 20982266

RE: Sterling is a great example of what can happen

I agree with what you say dbeaude but when a bargain comes along..., isn't that what the cash is for? By the time the deal is done, Sterling should be in production at Breagh (due diligence required of course) and I think it would theoretical roughly double IAE's bopd production numbers (and cash flow). Sterling's other properties are gravy in the deal and can be sold, swapped or developed as time and reason dicatate.

Perhaps a merger and IAE's cash goes towards Sterlings debt? I would rather see IAE steal this deal than Vitol and Sprott.

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