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 > The Great Ithaca Sail Away Contest . ..

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Comment by zorgon1on Jul 05, 2016 10:11am

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Post# 25022804

RE:RE:The Great Ithaca Sail Away Contest . ..

I expect the sail date to be within 7 days with a peak trading price of $1.49 the day of the announcement and a close of $1.40. Over the following months, assuming stable oil prices (Brent at $50, plus or minus) and no forthcoming offer, I think the share price will drift between $1.25 and $1.50. It's all been factored in.
I don't see the price of oil getting over $60 this year and averaging $50 for the remainder of the year baring major geopolitical crisis. Any price deviations of the Commodity outside the ~$50 range will be the driver of IAE's future share price. I’m bearish on Global markets in general over the next 6 months however.
IMHO, $60 oil is an upper end, self-limiting price of Oil for the 12 months. Should an offer by Delek appear in 2016, I wouldn’t expect much higher than a 50% premium over trading price so I’ll say $2.50 on Takeout in Q4. Lower than most would like but still much higher than recent trading.

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