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 equity securities and will select securities through a bottom-up process that is based upon quantitative analysis. Voya Investments, LLC is an investment adviser of the Fund.

NYSE:IAE - Post by User

Voya Asia Pacific High Dividend Equity Income Fund

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Comment by traxbywebon Jun 02, 2009 11:31am

247 Views

Post# 16036465

RE: RE: Any reason to believe a pp is coming?

The selling pressure I have seen has been non stop for many weeks. There always seems to be plenty of shares to be sold to drop the price as well plenty of bids popping up to scoop them up. Level 2 depth always has large sell orders, I see it to avoid any quick runups by retail investors. When I see 50,000, 100,000 sells at every penny on the way up on the sell side I get suspicious. I have seen many companies with no need for cash do PP's, maybe want to build a a bigger reserve, there is always some justification by the company when a PP is done. Only other reason is someone is working on slow accumulation. This one is just not trading to the price of oil which tells me something else is driving the price.

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