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.

NYSE:IAE - Post by User

Voya Asia Pacific High Dividend Equity Income Fund > Previous $3 assumptions were a mistake

<< Previous

Bullboard Posts

Next >>

Post by Doug2Bon Jan 29, 2017 5:14am

404 Views

Post# 25769116

Previous $3 assumptions were a mistake

The originally asssumed likely buy out price of $3, I also thought this reasonable at the time, is clearly not going to happen.

The price will approach $3 on full production volume confirmation in the Spring so any bid for $3 over the coming month will be viewed cynically and ignored.

A bidder now would have to stump up $4 and rising to be taken seriously.

Doug

<< Previous

Bullboard Posts

Next >>

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles