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 Darilonon Jan 10, 2011 8:12pm

540 Views

Post# 17951078

RE: Production Increasing for Q1

"$90 x 4400 = approx $400,000 per day at about $295,000 profit based on prior costs of $23/barrel.
= $26 million profit for Q1, WITHOUT ANY FURTHER INCREASES IN PRODUCTION."

One small correction. $23/barrel is operating costs, meaning your $295k/day is cash flow before interest, deductions, taxes and amortization etc. Of course, cash flow is a more useful metric for junior oil companies in any case.

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