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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

Comment by CapeBretonon Feb 14, 2013 7:35pm
202 Views
Post# 20992035

RE: RE: RE: JEC . . Who Dat??????

RE: RE: RE: JEC . . Who Dat??????

Its been a busy day,  just had time to look at JEC, and in particular the whole Miranda drama that played out in the end of 2011, and 2012.  JEC had also 7% of shares, and publicly pushed for changes to the board, seems like a recipe this company follows???  Anyways in the end Miranda (MT) went from trading undervalued at $6-10 dollars to being sold for $17/share.  I think the seriousness of this motion is a lot more than I originally thought, making it even more imperative that Ithaca handle this well.  Again I think the best way to react is to be open to replacing (not adding) 1 or 2 board members, start providing info about Stella, and publicly say they are open to offers for the company, seems like anything less and this JEC action may persist and be a distraction.  A quick acquisition, which I am not saying is the best thing, would be a reaction to show management is active, and would decrease the short-term attractiveness to a takeover....didnt realize this Valentines announcement would be this interesting...

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