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

Bullboard Posts

Comment by zorgon1on Apr 29, 2011 12:33pm

236 Views

Post# 18507264

RE: low volume

Everybody is off watching the Royal wedding (ha).

And Swing, I'd say there is a zero chance IAE is even remotely considering XEL.

Union today reiterates a "Strong Buy" for IAE and maintains a target price of $4.00, before the Cook and Maclure fields, as they haven't closed yet.

In part, Verbonac says:

"Currently trading at a deep discount to asset value, the stock offers ideal value for a long term investor.
We expect cash flow this year to climb to
.57 (prior to an adjustment for the Cook and Maclure fields), and at the current stock price, the shares are trading at a 4.5 times multiple, low relative to its growth profile and strong balance sheet.
Ithaca’s netback of US$57/boed in 2010 is one of the highest in the industry, making it one of the most efficient oil and gas companies."

Unfortunately, Union no longer allows open access to their reports.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?