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.

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Voya Asia Pacific High Dividend Equity Income Fund > 11 straight trading days without a green close.

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Comment by rajagson Mar 12, 2015 12:22pm

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RE:RE:11 straight trading days without a green close.

o you know the nature of the contract with Petrofacs? Is it lump sum and does it have penalty clauses for delays or failure to meet specified performance. Unless that is know, the financial pain to be felt by IAE is an unknown and even without any penalty clauses there could be a lawsuit between IAE and Petrofac, for damages to IAE for the delay if there is a stipulated completion date, either in shipyard or in final location.

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