Voya Asia Pacific High Dividend Equity Income Fund (IAE)
Voya Asia Pacific High Dividend Equity Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Scottsdale, AZ, US. The stock last traded at $8.69, up 0.85% on the session, giving a market capitalisation of $93.5M. On trailing twelve-month figures it carries a trailing P/E of 3.37, a net margin of 396.7%. Its beta of 0.72 implies it has historically moved less than the broad market.
The Voya Asia Pacific High Dividend Equity Income Fund operates as a closed-end investment product, primarily focused on equities. It is jointly managed by Voya Investment Management LLC, Voya Investments, LLC, and NNIP Advisors B.V. The fund's objective is to allocate capital to publicly traded companies across the Asia Pacific region, with a significant emphasis on high-dividend-paying stocks from diverse industry sectors. It also strategically invests in derivatives, such as call options on indices or individual equities, when these instruments offer comparable economic exposure to equity securities. The investment approach blends comprehensive fundamental analysis with quantitative methods, utilizing a bottom-up stock-picking strategy that evaluates factors like liquidity, dividend yield, cash flow strength, capital structure, capital expenditures, and operating margins. The fund's performance is measured against the MSCI All Country Asia Pacific ex-Japan Index. Established in the United States on January 8, 2007, it was previously known as the ING Asia Pacific High Dividend Equity Income Fund.
Voya Asia Pacific High Dividend Equity Income Fund is most often compared with the following Financial Services names: