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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Comment by dbeaudeon Mar 15, 2013 12:44pm

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Post# 21135858

RE: RE: RE: RE: RE: RE: JEC/Anthion = Nuisance

This is an old response (Jan 2012) from the company to my question concerning not much insider buying, but I believe it will serve the purpose to answer why (from their perspective) there is not a lot of insider buying right from the horses mouth sort of speak....trust is helps. Due to stricter internal governance, some companies have abnormally restrictive windows for insider purchases in the open market.......

"Apologies for not getting back to you, but I have been at one of our sites today…so no ‘phone

Question simple to answer:

Ithaca has what is known as a “strict “ blackout policy. Translated this means we prohibit Director, Officer, Employee and Direct Contractor share-dealings from the outset of activity
Examples are when we spud wells ( rather than approach target depth), when we bid for asset acquisition, when we are in normal quarterly sequence for accounts ( which is a long black-out), when we are in reserves audit period.
The result is that , as an Operator of most assets and very active, the blackout period are long and periods in which we can share deal are infrequent ( to say the least). There has not been an opportunity to buy since last summer and unlikely to be one until June in 2012"

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