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.

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Voya Asia Pacific High Dividend Equity Income Fund

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Post by dbeaudeon Feb 18, 2013 7:47am

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Post# 21004823

one other suggestion on motives.....

Could it be that these two funds were part of the arbitrage group that were buying stock in Ithaca right up to the $3.26 level last year and got stuck holding the bag when the shares got sold off after the failed sale. I could see them growing impatient and wanting out but no at 40 plus percent loss.

This seems too weird to me....just another conjecture.

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