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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

Post by dbeaudeon Jul 17, 2013 9:13pm
218 Views
Post# 21614314

Dundee has a $7.10 target on Bankers and it is trading at $2.94 cents!

Dundee has a $7.10 target on Bankers and it is trading at $2.94 cents!Ithaca is not the only oil and gas E&P stock to be ignored. The market for resourse stocks in general is pathetic. The BNN guest said he was waiting and lost patience....waiting for what? the market to bid up the stock price? Funny, Suncor holders for over 7 years now have be waiting for the same thing. I think the guy is full of the smelly stuff! Crude is not far from $110 and still the oil and gas sector is not being bid up at all. The guest is also seemingly a little naive about the North Sea. Things do not happen there on a monthly basis. As we have seen with developments there, they take many many months to develop and implement. So, my hope is that 1) Brent stays high, 2) Stella is on time and on budget and meeting the production estimates, 3) the production leading up to Stella stays within guidance. IT would also be nice for Norvarg appraisal well to be a winner and make a step change to Ithaca'a 2P reserves. It takes time in the North Sea and I believe that Ithaca will prevail howbeit patience for North Sea producers is certainly warranted.If this company next year ends up trading at 0.80 times CFPS surely the market will embrace the stock. If not, I feel that somone with buy the company.
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