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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 Darilonon Dec 04, 2013 5:32pm
207 Views
Post# 21971911

It's simple

It's simpleIf A2 comes in with the same results as A1, we go up and if it comes in a lot lower, we go down.  Some of the A2 upside is factored into the current share price, but it's risked so we aren't receiving the full value of a 10k+ boe second well.  A second successful well derisks the project further.  A third successful well further derisks the project.  Good initial flow rates once production starts further derisk the project.  Finally, sustained flow rates over the first few months furthe derisk it as do sustained production over the course of the project.

If you feel that the company is not fully valued based on the current risk levels, you buy or hold, if you believe it's overvalued based on the current risk levels, you sell.  Simple.  I think it's undervalued.
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