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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 Aug 16, 2013 6:32pm
482 Views
Post# 21677673

Green....you totally missed my point

Green....you totally missed my pointAll I was trying to get across is that Ithaca will have its time when the overhang goes away and sentiment changes for the better. We are buying Ithaca Management and their ability to create shareholder value. At times in a company's life cycle, there times when they are in the dog house with the market for whatever reason. But with great companies come great management and they will eventually bring all the pieces together to change market sentiment of their company. Ithaca needs to do this. I believe the market is waiting to see if the very substantial GSA investment pays off with the intital production of 30Mboepd (16 net to Ithaca). If this occurs and the rest of the current volume is still in tact (most of the production is still at or near todays then we are going to witness with our eyes a major rerating of Ithaca's share price as the market sees a company with nearly no debt producing over nearly 30,000 boepd and generating nearly three quarters of a billion dollars of cash flow. Then the dog house door will swing wide open for beat up Ithaca. My simple point was that Bankers went through the same thing Ithaca is going through right now......way under valued as a result of being unloved and in the doghouse as a result of it.
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