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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

Post by Berthamaeon Jun 09, 2016 12:58pm
198 Views
Post# 24951140

Share price hopes

Share price hopesI'm not sure we will hit the lofty prices some people are suggesting but I think the price will be a lot better than people were suggesting a short time ago. I think something north of $3 is possible under the right circumstances. If the sailaway and hook goes off smoothly and oil moves up we should be quite happy. I think that much of the previous delays are Petrofac's fault. I recall one of their execs saying at a conference call they would be better off getting paid in 2017 oil rather than 2015. Ithaca did not handle telling the shareholders very well but I think the main delays should be hung on Petrofac. As for the price of oil it could be $55 at the end of this year or it could hit $80 who knows. I have very little use for BNN but their guest host yesterday morning suggested with oil coming from some pretty volatile areas who knows when their production outages will come back online and that $80 could happen. Anyway only time will tell for sure. B
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