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.

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Voya Asia Pacific High Dividend Equity Income Fund > I love the way most here GRASP AT STRAWS

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Comment by downthefairway2on Mar 13, 2015 9:10am

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RE:RE:RE:RE:RE:I love the way most here GRASP AT STRAWS

Hey Gekko,
Ithica is as much a victim of oil pricing as the rest of the industry. However, they certainly did not help the cause by providing misleading guidance on January 12th.
The saving grace is the hedging program which should provide a decent CF until we can get Stella up and running. I work in the industry and the general forecast is near term pressure on pricing with recovery anticipated to be in or about $75 WTI next year.

I suspect we will drift lower with the current supply and demand curve. We do have a few catalysts which might provide some relief in the next few weeks. What we really need is increased transparancy with regards to the progress in Poland.

For the record, I'm still long with about 100K shares. As you state, this is an opportunity to average down if you believe in the long term story.

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