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 > This looks interesting at .95 .

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Comment by Motownwingon Dec 10, 2014 9:20am

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Post# 23214038

RE:This looks interesting at .95 .

Hi Bob,
-risk of defaut on the bank convenants, IAE hasa large debt of 800 too 900 M$;
- Stella will not be producing until Q3 2015, risk of additional delays;
- Noboby knows where the bottom is, risk of oil going down to 40-50$ before a strong rebound in 6 months?
IMO, with the tax loss season, I see IAE sp going down a further, maybe 0.80?, before a strong rebound in Q1. Difficult to time and risky. I have bought some already and will look to add.
GLTA

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