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

Voya Asia Pacific High Dividend Equity Income Fund > Back of the envelope

<< Previous

Bullboard Posts

Next >>

Comment by GolongGekkoon Nov 24, 2016 3:23pm

146 Views

Post# 25510204

RE:Back of the envelope

Calculation: ($30 X 340 X 22,500 X 1.3 / 433,724,046) X 3 = $2.06.

GG - Peaker...As a numbas guy, can you throw out a current relative NAV value for IAE, taking into account the $600+mil Debt, as well as a PREMIUM for a TAKEOUT sale by a BIG FISH. 50% should suffice. TO are based on the POTENTIAL of the business going forward usually. Buyers look 5-10 years down the line.

I've been involved in 2 takeouts( in the Coal sector.)
Did great. Saw it coming. Same , same here!

Appreciate your calculations.

Best GG

<< Previous

Bullboard Posts

Next >>

Anaergia expands relationship with PepsiCo