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 > nice rally

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Post by peak2peakon Jan 29, 2014 12:08pm

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Post# 22147907

nice rally

Here's my take on it: using my broken crystal ball, I think the current rally stalls around $2.55-$2.58 and consolidates for a few days. I will see what it does the next few days before making any assumptions about whether this rally sticks and is not at risk to retrace its steps back down to the bottom of the range. If you are a short term trader and climbed aboard in the mid $2.30s you might want to take the $.20 profit you made in 2 days and be happy. If you are a long term trader - good on ya for buying in the $2.30s.

Just my really humble opinion.

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