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.

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Voya Asia Pacific High Dividend Equity Income Fund > good listen on oil deficit

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Comment by Doug2Bon Aug 26, 2016 2:31am

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Post# 25179092

RE:good listen on oil deficit

The US production decline is far from over and US production cannot recover as quickly as he suggests. Look at the delay in both increases in US production and decreases in US production following change in rig counts in the chart below. Of course shale producers say that all this has now changed and that they can drill multiple holes from one site etc etc. While there may be some truth in this nobody is as capable of as much BS exagerated spin as the shale producers. From the chart it is pretty clear to me that shale production has some way to fall yet and that they are not going to get back to peak 2015 production until 2018:

Image result for chart of us production vs rig count