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

Voya Asia Pacific High Dividend Equity Income Fund > Q1 earnings Monday morning

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Comment by impegaon May 08, 2015 12:42pm

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Post# 23708962

RE:RE:Q1 earnings Monday morning

Should be an upbeat report with all that has been accomplished recently:

- monetized the balance of the Norwegian exploration assets with future upside to potential.

-extended and restructured debt, no covenant breaches which was the big fear after the Stella dela.y

-successful completion and flow test on the 5th development well, further derisking the project.

-lowering of op costs to $40/boe with further reductions ahead.

-$1.5 billion tax loss pool, shielding the company from income tax till 2020.

-realizing huge hedging gains in Q1 while maintaining a strong hedging program going forward.

And yet you can still get shares for just over a buck. Looks like a strong buy at these levels in my opinion.

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