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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 Motownwingon Nov 05, 2014 4:56pm
209 Views
Post# 23099305

RE:RE:RE:RE:It is this simple

RE:RE:RE:RE:It is this simplePeak, I am in full agreement with your post. Considering Stella, this stock is hugely undervalued any way you like at it and I have started to build a position buying in the 1.30's two weeks ago and yesterday. I agree that the sp could tank a bit more after the Q3 results next Thursday, especially if additional delays are announced. Selfishly a new delay would be great allowing for the sp to get to maybe 1$ - 1.10$. I believe that the rest of the numerous problems are already baked into the current price - everybody knows that Q3 was extremely BAD. Another wildcard is the bank convenants issue; however I expect that they will get some flexibility from the bankers who need Stella to start producing more than anybody else. So unless they announce something catastrophic next Thursday, I will continue to add after Nov 13 until early next year waiting for the dips. At some point in Q1, the sp will start to rise significantly and the easy money opportunity will be gone. It will be time to get out (maybe at 2$...?). AIMO - Do your own due diligence - GLTA
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