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 > IAE Notoriously Leaky with News

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Post by Kenshoon Apr 20, 2017 10:05am

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IAE Notoriously Leaky with News

And yet the share price remains below $1.95. Me thinks this is a done deal and Delek got at least 50%. We will know tomorrow morning. If they did get 50% you can be sure that they will not budge on their offer. I mean why would they? With 50% they will get even more over the next 10 days plus they will have complete control of the company and can squeeze out all the other investors over time at a lower price. But granted it ain't over till its over.

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