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

Voya Asia Pacific High Dividend Equity Income Fund

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Comment by SIRCOOPon May 21, 2010 8:04am

252 Views

Post# 17121024

RE: RE: I'm OUT !!!!!!

The old adage, when in doubt, get out, applies very well here.

Fact is, while we could bottom soon, I wouldn't count on it. No one will want to hold over the long weekend, too much room for bad news to come out.

I will look to add on another 20% drop, say around $1.50 (yes I think it's going there).

Catching a falling knife is never smart.

The rule is (and always must be):

Sell when downward trend isconfirmed by a clear top and reversal.

Rebuy when upward trend is confirmedby clear bottom and reversal.

COOP

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