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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 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

Post by goinonaprayeron Jul 09, 2010 5:03pm
400 Views
Post# 17258494

Insider Trading??

Insider Trading??Just had to add my two cents to this. We question how the big boys seem to know in advance when to sell or adjust their position. CIBC was not likely the first firm approached by IAE regarding the placement.  Those in the know with these other firms know IAE is fishing for a placement and would know to start dumping or shorting as they know the direction the price is going.  Smells like something dirty that us small fry can do little about.

One good thing about this is that we now know where the bottom is and the only way is up. Maybe slower than what we have been used to in the last few months but definately up.
Bullboard Posts