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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

Post by CapeBretonon Sep 05, 2013 3:45pm
299 Views
Post# 21721022

takeover

takeoverIf no one attempted a bid when we were at 1.70s I doubt a bid will come right now.  Plus still too much operational risk from Stella.  There always has been companies that would love to buy Ithaca
, and they are still out there, but they will wait to see the multiple drill results from Stella.  I dont think the movement in sp is from any potential bid, just not enough volume.  Was some nice volume in London today, some profit taking, which is healthy.  Nice to see a gain in the sp with some pauses, I also take breaks when hiking up a mountain.  I do see Ithaca hitting new 52 week highs this month, the Stella news, if as expected, could really thrust us forward to the mid 2s.  Handcross anticipation in winter could also support the sp. Would be nice to close at 2.05 and record another up day!
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