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.

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Voya Asia Pacific High Dividend Equity Income Fund > Stella will happen...

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Comment by ferret_caon Oct 16, 2014 11:38pm

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Post# 23036637

RE:RE:RE:RE:RE:RE:RE:RE:Stella will happen...

that hedge is a good thing, however it was put in when prices were higher than 102 plus they had to put it in due to debt covenants etc. sooo more lucky than good for mangement on the hedge imho.

i think the purchase of the sumitomo oil was totally no necessary and will imho cause the debt level to be very close to their limit before stella produces. stella is a huge project for them, concentrate on that not tryin to cherry pick a few barrels here and their and running up debt.

cheers ferret

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