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.

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Voya Asia Pacific High Dividend Equity Income Fund > IEA Medium Term Oil Market report

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Comment by Doug2Bon Feb 22, 2016 2:42pm

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Post# 24582575

RE:IEA Medium Term Oil Market report

US Shale needs about 1,500 rigs running just to stand still.

They will be below 500 rigs by Friday. Given the half life of the typical shale well their output can do nothing but crash over the next year.

And that is just US shale. Drilling has capitulated in many other regions, the numbers speak for themselves.

What the report is saying is wrong. There is no chance of supply and demand being balanced in 2017.

Doug

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