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Voya Global Equity Dividend and Premium Opportunity Fund V.IGD.H


Primary Symbol: IGD

Voya Global Equity Dividend and Premium Opportunity Fund (the Fund) is a diversified closed-end management investment company. The Fund may lend portfolio securities in an amount equal to up to 33 1/3% of its managed assets to broker dealers or other institutional borrowers, in exchange for cash collateral and fees. The Fund may use the cash collateral in connection with the Fund’s investment program as approved by the investment adviser, including generating cash to cover collateral posting requirements. The use of cash collateral in connection with the Fund’s investment program may have a leveraging effect on the Fund, which would increase the volatility of the Fund and could reduce its returns and/or cause a loss. The Fund intends to engage in lending portfolio securities only when such lending is secured by cash or other permissible collateral in an amount at least equal to the market value of the securities loaned. Voya Investments, LLC is the investment advisor of the Fund.


NYSE:IGD - Post by User

Comment by bober2on Sep 12, 2016 5:10pm
40 Views
Post# 25229609

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TTAGIT update

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TTAGIT updateI talked to my broker about IGD before he left for a business trip.  There is a 7.5 financing with one warrant available and a hold period for four months.  You need a broker to help you fill-out the paper-work or deal directly with IGD.  I decided to stay with my 25,000 shares and perhaps pick-up some more stock at 4 or 5 cents to average down.  Everybody's situation is different so do your own due diligence.
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