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 > Ferret, Doug, AB, or anyone else

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Post by Kenshoon Aug 04, 2016 4:40pm

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Ferret, Doug, AB, or anyone else

What do you cipher the current cashflow to shareprice ratio to be. I'm thinkig it is in the neighborhood of a 4X multiple. In other words the cashflow/# shares is around $0.24 and that creates a 4X multiple to the current share price of say $1.00. I know it is a crude measure but I'm just curious what we might expect, everything else being equal ($45 Brent, etc.) once IAE starts pumping out 25K per day. Does my multiple of 4 seem reasonable as of today?

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