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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 equity securities and will select securities through a bottom-up process that is based upon quantitative analysis. Voya Investments, LLC is an investment adviser of the Fund.


NYSE:IAE - Post by User

Comment by Kenshoon Feb 16, 2015 4:23pm
196 Views
Post# 23433769

RE:RE:IAE doing well for 2 months now ..............

RE:RE:IAE doing well for 2 months now ..............IAE holders will never see first oil on Stella, she'll be long sold by then.  Once the price of oil starts to settle in to a comfort zone, the bidders will be coming out of the woodwork.  The question now is what kind of price can we expect.  we are currently sitting at about $1.40 CND and as we get into the spring and closer to the movement of the FPF-1 I can see her moving closer to $2.00.  A winning bid in the spring could garner a 50% premium with some competitive bids, so my bet is that she is gone at somewhere in the neighborhood of $3.00 CND by mid-summer, before Stella ramps up.  Ya, I know, not what everyone wants to hear, but time to be realistic.  This company is long in the tooth and everyone is tired of holding.  $3.00 - $3.30 does it by mid-summer.  You heard it here first.
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