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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

Comment by Doug2Bon Jan 19, 2014 6:23pm
378 Views
Post# 22109427

RE:Some points of rectification......

RE:Some points of rectification......dbeaude Thanks for the above post, very informative. Do you have any thoughts on how to progress the issue of Ithaca still being in AIM. They may be currently reviewing the position as Ithaca's 2012 output made the AIM listing more appropriate, but based on projected 2015 output and a likely tripling of the share price by the end of 2015 (IMO but the valuation metrics do support this and that is just what I see as phase 1 of the rise in Ithaca's share price) will make it unusual, almost bizarre for Ithaca to stay in AIM at that point. I have no doubt that the AIM listing is restricting the UK based institutional investment in Ithaca, therefore holding back the share price, ay least for a time - the share price will ultimately progress even within AIM but would IMO rise more quickly in the main UK index. Consequently the risk of Ithaca being taken over, denying investors most of the huge upside gain potential of Ithaca, is greatly increased if Ithaca continues in AIM. Do you have any way of finding out why Ithaca has not moved to the main UK index yet and whether they are considering doing so? Doug
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