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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 dbeaudeon Nov 28, 2014 9:09pm
339 Views
Post# 23176322

Ithaca's hedges looking pretty good right about now

Ithaca's hedges looking pretty good right about now6400 bbs/day of hedge for nearly 2 years at $102 is looking pretty darn smart right about now. At 13,000 boepd that is $86 average price at $70 Brent. Once IAE announces their realized price for Q4 the market may begin to realize the impact of this hedge. They will have a lot of production shut in Q4 due to the Taqa platform issues so really it is pretty good time to have production shut in Nobody saw this fiasco coming in the crude markets. smaller cap oil stocks have fallen off cliff. Trust the Ithaca management team will batten down the hatches until Stella production begins whether it is Q2 or Q3. Tough going for sure.
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