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

Voya Asia Pacific High Dividend Equity Income Fund > Will it wander down to the 50 cent range again?

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Comment by Motownwingon Aug 19, 2015 1:44pm

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Post# 24032297

RE:Will it wander down to the 50 cent range again?

It will test the 52 week low of 0.49 IMO.
The game of chicken started by the saudis needs to be escalated to reduce production and allow for price to get back up in a couple of years. If thw WTI stays in the 30$'s for a few months, you will see a rash of bankruptcy with banks taking more of a hard line to salvage their loans. The high debt of IAE puts them in the high risk category for the analysts and the stock will get hammered. How low will it go? Better to stay away - bankrupty? - or is it an opportunity for 2016? GLTA

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