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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 18, 2013 7:51pm
312 Views
Post# 21006836

RE: I'd take $4 right now

RE: I'd take $4 right now

$4??? who wouldnt take four bucks right now??  a 100% return from current levels? People seeem to be getting excited about JEC somehow having some mystery buyer in the wings ready to purchase the company for a 80-100% return, fact is if JEC has an average price less than $2, even 2.50 would be a 25% return which is HUGE when you have over 18 million shares.  I think the company is worth its NAV of 3.50, but it is like most energy stocks at a much lower price than what it is worth, the difference with IAE is "we" as shareholders were teased with a potential buyout and some shareholders (the concerned ones) cant forget about this and see more potential for a quick sale than with other companies.  Everyone is assuming JEC is pushing for a high price sale, I am not as optmistic, I think if they are somehow successful with whatever plan they have, will shall be lucky to get $3.  TSX activity tomorrow will be interesting.

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