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

<< Previous

Bullboard Posts

Next >>

Post by Doug2Bon Oct 09, 2014 3:27pm

307 Views

Post# 23015731

Extreme Value Territory

Demanding phase of price action this, I am not going to deny that. If we believe that Ithaca will deliver GSA next year ( I see this as an 80% to 90% probability now) then we are sitting on an extreme value holding at this price - whether you look at TBV (massively understated since GSA drills), forward PE, price to forward cash flow - trust me, this is as undervalued as I have ever seen - could we fall to £1.50, possibly, who knows - we won't be down there for long though if we do.

Those who can hang in there now are the same people who will resist the temptation to take early profits when the price starts to climb - resisting the urge to take early profits is going to be very important for holders of Ithaca.

All the best.

Doug

<< Previous

Bullboard Posts

Next >>

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles