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 > Ride It out

<< Previous

Bullboard Posts

Next >>

Comment by Kenshoon Dec 12, 2015 2:52pm

100 Views

Post# 24379699

RE:Ride It out

Agreed Crow. The question now is whether IAE will have any resources left to make any money once the debt is paid off if the PoO stays at these levels for any length of time. Once Stella comes on, the breakeven will be around $25.00 per. Right now I believe it is at $35.00 according to the last Q3 report (if I am wrong here my apologies, but I do believe that is what I read). But at this point, 2016 is not looking particulary great for the PoO. Lower Longer is definitley the mantra these days. Sure it will eventually turn, but it may end up being a moot point for IAE.

<< Previous

Bullboard Posts

Next >>

@ the Bell: TSX advances to start off Christmas trading week