Voya Asia Pacific High Divid Eqt Incm Fd (IAE) : Pointe Capital Management reduced its stake in Voya Asia Pacific High Divid Eqt Incm Fd by 5.84% during the most recent quarter end. The investment management company now holds a total of 92,783 shares of Voya Asia Pacific High Divid Eqt Incm Fd which is valued at $837,830 after selling 5,757 shares in Voya Asia Pacific High Divid Eqt Incm Fd , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Voya Asia Pacific High Divid Eqt Incm Fd makes up approximately 0.60% of Pointe Capital Management’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in IAE by selling 1,492 shares or 29.56% in the most recent quarter. The Hedge Fund company now holds 3,556 shares of IAE which is valued at $32,111.
Voya Asia Pacific High Divid Eqt Incm Fd opened for trading at $9.08 and hit $9.21 on the upside on Friday, eventually ending the session at $9.15, with a gain of 0.77% or 0.07 points. The heightened volatility saw the trading volume jump to 71,141 shares. Company has a market cap of $101 M.
Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified closed-end fund. The Fund’s investment objective is to provide total return through a combination of current income capital gains and capital appreciation. The Fund seeks to achieve its investment objective by 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 exchange. The Fund also seeks to enhance returns over a market cycle by selling call options on selected Asia Pacific Indices and/or equity securities and/or exchange-traded funds (ETFs) with the underlying value of such calls representing 0-50% of the value of the Fund’s equity securities. The Fund’s investment adviser is Voya Investments LLC. Its sub-adviser is ING Investment Management Advisors B.V.