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 > Bottom is in

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Comment by Kenshoon Aug 28, 2015 1:34pm

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Post# 24060093

RE:Bottom is in

peak2peak wrote: At risk of being FERRETed out as a fake, I am now calling the botttom for IAE. For a number of reasons, not the least of which was the surprise upside to US GDP, I believe the seeds of recovery in crude markets, both equity and commodity, are now being sown. More specifically with respect to IAE the recent dip into the $.50s will prove to have been the double bottom many of us were looking for to open a long position or to top up.

That is not to say we won't see a triple bottom formation (ie. one more correction into the $.50s) before the current equity and crude market volatility shakes out, but I do believe we have seen the lows for IAE.

Best to all.

Hey Peak, would a triple bottom consititute an offical paddling of IAE's bottom? Just asking, cause for us long term holders, it seems like we've been getting a bloody good spanking for some time now. To paraphrase Oliver in Oliver Twist. "Please Sir, I'd like to pass on yet ANOTHER good paddling". Other than that, I hope you are right.