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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 Doug2Bon Jul 02, 2014 6:24am
301 Views
Post# 22709201

Further Comments/Questions to IC

Further Comments/Questions to ICMatthew I am back into Ithaca now with some of my previous Kentz money, probably will add to position further over the winter. The share price proved very resilient following the GSA platform delay. Looking back, attempting to position the platform late this Autumn was going to be a bit frantic with the winter weather looming, imperative that FPF1 preparation and installation is not compromised in any way with the amount of oil and gas (Harrier and Hurricane also to go through FPF1) that it will have to handle. Your previous advice to stick with Ithaca and not to come out after the delay, as I did, was the right course in hindsight, they seems to be doing well with other field upgrades also, just glad I am back in before the price moved up too much. Once the 4 wells are complete and waiting for the spring, presumably Ithaca will delay revaluing the assets formally so as not to attract bidder attention, but with a forward PE for 2016 (first full year of GSA) probably down to near three, they must be an obvious bid target if the price does not move on soon - what is your view on this? Doug
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