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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 Naka2112on Mar 22, 2015 9:25pm
187 Views
Post# 23549516

IAE getting almost $79.60/boe on average at the moment.

IAE getting almost $79.60/boe on average at the moment. They are producing around 12,000 barrels per day. 52.5% of that production, or 6300 barrels per day are are hedged and getting $102 per barrel. This hedge lasts until July 2016 I believe. 

The other 47.5% of their production is getting about $55 per barrel right now. When you calculate the weighted average it works out to be about $79.60 per barrel. If Brent goes up to $60, IAE's average price they receive per barrel rises to $82. 

Pretty good hedges I would say. 
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