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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 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

Post by Doug2Bon Jul 18, 2016 1:53pm
212 Views
Post# 25062319

Points - i.e. stating the obvious

Points - i.e. stating the obvious1.  Price of oil - the underlying production surplus is all but gone but the stocks of both crude and gasoline are large, the gasoline surplus in particular is presently holding up the crude inventory, within a month the crude inventory should be falling steadily on an accellerating basis, until then the price of oil will stay down which clearly is not helping Ithaca's share price.

2.  Our future gains are not dependent upon Delek.  A Delek bid should give us a quick 30% bid premium as we approach $3. Without a bid, over time, if things go to plan, Ithaca's share price should reach $10 as the price of oil climbs - I would be pleased if Delek backed out, although I suspect that they will not.

3.  A lot of shorter term retail investors have now appeared on all Ithaca boards, they will buy as the platform moves out, sell when it goes back in ...... yawn. Let them get on with it.

4.  Volatility right now is what we should expect, Ithaca has often approached or even exceeded 10% in its daily price moves, this is not unusual.

Doug
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