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 bwlingon Aug 25, 2010 12:06am

683 Views

Post# 17380639

RE: Eric Nuttall of Sprott talks about IAE

Summary of Eric Nuttall's discussion on IAE:

- fairly low risk
- by 2012-2013, will cash flow more than current market cap using $75-$80 oil price assumption
- trading at huge discount to reserve value
- could be a takeout target
- fair value is $2.50 in short term, $3.00-$4.00 within next few years
- company is SO cheap, stock is not efficiently priced

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