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

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Post by tmcal6on Nov 17, 2013 1:58pm

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Post# 21913929

IAE and AEN

IAE is in the best position to value and put AEN out of its misery. IAE has a deep and fairly divesified mix of producing and to be developed assets. Causeway is not in the large category and IAE as 65% owner/operator should not be concerned with or consider 100% ownership as a problem. IAE also would recognize the need and value of the UK tax credits. IAE could make an offer of cash or stock at any time and have shareholder support for the takeover. The next month should be interesting.
Disclosure, added on Friday and have a 1 M position in AEN, but much larger position in IAE.

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