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.

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Voya Asia Pacific High Dividend Equity Income Fund > Hedges

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Comment by Naka2112on Dec 05, 2015 12:10am

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Post# 24357075

RE:RE:RE:RE:Hedges

Kensho

To be clear, I don't want Iae to be sold for around $1, but I'm getting concerned it could happen. You asked me why Delek would suddenly buy now when they've previously avoided doing so. Well first of all, that's not really true since they bought about 20% of the company for $1.05. It stands to reason that they wouldn't mind getting the other 80% for $1.05 too. I mean, if you had the cash to buy Iae outright, what price would you like to pay? $1 or $2? Another answer to your question is that we are closer to first oil. Additionally, they would have had a closer look at the operations since they are on the board now; maybe they will like what they see and take the plunge.

I'm not saying that this will happen, just that it wouldn't surprise me if it does.

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