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 > Priced to perfection?

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Post by Joseph_Kon Sep 04, 2013 11:10am

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Post# 21717475

Priced to perfection?

Personally I don't believe that Ithaca can crack the $3 level until they have a full quarter of GSA production under their belt in 2014. I do believe they will get there.

In the mean time, it is looking like it is priced to perfection. Priced on the assumption that the news of the first Stella hole will show that everything is on track as expected. I'm a little worried that there might be more downside risk on slightly off news, than there is more upside, near term (30 days) potential from 'still on track' type news.

We haven't traded this high since February and $1.71 is only two weeks behind us in the rear view mirror.

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This junior mining stock offers billions in market exposure