Voya Asia Pacific High Dividend Equity Income Fund
This Closed-end Fund seeks total return through a combination of current income, capital gains and capital appreciation.
Product Facts
| Ticker Symbol | IAE |
| CUSIP | 92912J102 |
| Inception Date | March 27, 2007 |
| Dividends Paid | Monthly |
About this Product
- Invests primarily in equity securities of Asia Pacific companies
- Sells call options on selected Asia Pacific indices and/or equity securities and/or ETFs, with the underlying value of such calls representing 0% to 50% of the value of the Fund’s equity securities
Investment Objective
This Closed-End Fund seeks total return through a combination of current income, capital gains and capital appreciation.
Performance
Average Annual Total Returns %
As of May 31, 2024
As of March 31, 2024
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | +5.96 | +15.33 | -0.20 | +5.24 | +3.43 | 1.50% | 1.20% |
| Market Price | +6.68 | +17.77 | -3.04 | +4.19 | +2.75 | ||
| Net Asset Value | +2.71 | +8.57 | -0.11 | +3.11 | +3.75 | 1.36% | 1.20% |
| Market Price | +5.32 | +9.75 | -1.84 | +2.84 | +3.21 | ||
Inception Date - Class A:March 27, 2007
The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above "Average Annual Total Returns %" for performance information current to the most recent month-end.
Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
Past performance does not guarantee future results.
Growth of a $10,000 Investment
For the period 06/30/2014 through 05/31/2024
Ending Value: $14,017.00
The performance quoted in the "Growth of a $10,000 Investment" chart represents past performance. Performance shown is without sales charges; had sales charges been deducted, performance would have been less. Ending value includes reinvestment of distributions.
Portfolio
Portfolio Statistics
As of May 31, 2024
| Net Assets millions Net Assets: The per-share dollar amount of the fund, calculated by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding. | $78.9 |
| Number of Holdings Number of Holdings: Number of Holdings in the investment. | 228 |
| Outstanding Shares | 11,007,871 |
| Total |
Top Holdings
% of Total Investments as of May 31, 2024
| Taiwan Semiconductor Manufacturing Co., Ltd. | 8.64 |
| Tencent Holdings Ltd. | 4.25 |
| Samsung Electronics Co., Ltd. | 2.62 |
| Alibaba Group Holding Ltd. | 1.90 |
| BHP Group Ltd. | 1.71 |
| iShares MSCI All Country Asia ex Japan ETF | 1.56 |
| ICICI Bank Ltd. | 1.56 |
| ANZ Group Holdings Ltd. | 1.43 |
| MediaTek, Inc. | 1.40 |
| HON HAI Precision Industry Co., Ltd. | 1.26 |
| Total | #,###.2 |
Portfolio Composition
as of May 31, 2024
| Other | 1.56 |
| Short Terms | 1.22 |
| Stocks | 97.22 |
| Total | #,###.2 |
Sector Weightings
% of Total Investments as of May 31, 2024
| Information Technology | 23.46 |
| Financials | 23.32 |
| Consumer Discretionary | 11.51 |
| Industrials | 8.38 |
| Materials | 7.55 |
| Communication Services | 7.03 |
| Health Care | 4.17 |
| Real Estate | 3.74 |
| Consumer Staples | 3.73 |
| Energy | 3.41 |
| Utilities | 2.13 |
| Not Classified - Mutual Fund | 1.58 |
| Total | #,###.2 |
Top Country Weightings
% of Total Investments as of May 31, 2024
| China | 25.82 |
| India | 16.71 |
| Taiwan | 16.37 |
| Australia | 15.79 |
| South Korea | 11.25 |
| Hong Kong | 3.44 |
| Singapore | 2.95 |
| Thailand | 2.53 |
| United States | 1.56 |
| Malaysia | 1.49 |
| Total | #,###.2 |
Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.
Distributions
Payment Frequency: Monthly
| Ex-Date
Ex-Date: Date on which a stock begins trading without the benefit of the dividend. Typically, a stock’s price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date. | Payable Date
Payable Date: Date on which a declared stock dividend or a bond interest payment is scheduled to be paid. | Record Date
Record Date: Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend. | Monthly Distributions | Section 19 Notice* |
|---|---|---|---|---|
| 07/01/2024 | 07/15/2024 | 07/01/2024 | $0.0650 | |
| 06/03/2024 | 06/17/2024 | 06/03/2024 | $0.0650 | |
| 05/01/2024 | 05/15/2024 | 05/02/2024 | $0.0650 | |
| 04/01/2024 | 04/15/2024 | 04/02/2024 | $0.1600 | |
| 12/28/2023 | 01/16/2024 | 12/29/2023 | $0.1600 | |
| 10/02/2023 | 10/16/2023 | 10/03/2023 | $0.1600 | |
| 07/03/2023 | 07/17/2023 | 07/05/2023 | $0.1600 | |
| Totals: $0.8350 | ||||
Access Section 19 notices.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund's net asset value per share. The final determination of the tax characteristics cannot be determined until after year end and reported to shareholders on Form 1099-DIV at that time.
To obtain an estimate of the components for each distribution please refer to the distribution press releases.
The Fund intends to make regular quarterly distributions based on the past and projected performance of the Fund.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time, depending on whether the Fund has gains or losses on the call options written on its portfolio versus gains or losses on the equity securities in the portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of quarterly distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the common shares will change. There can be no assurance that the Fund will be able to declare a distribution in each period.
Investment Team
Portfolio Management Team
Voya Investment Management Co. LLC
Investment Sub-Adviser
Vincent Costa, CFA
Chief Investment Officer, Equities
Years of Experience: 39
Years with Voya: 18
Steven Wetter
Portfolio Manager
Years of Experience: 36
Years with Voya: 12
Susanna Jacob
Senior Vice President, Head of Strategy Research
Years of Experience: 28
Years with Voya: 5
Justin Montminy, CFA
Portfolio Manager, Quantitative Analyst
Years of Experience: 14
Years with Voya: 10
Press Releases
Disclosures
Principal Risks
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. You could lose money on your investment and any of the following risks, among others, could affect investment performance. The following principal risks are presented in alphabetical order which does not imply order of importance or likelihood: Company; Currency; Derivative Instruments; Dividend; Focused Investing; Foreign (Non-U.S.) Investments/ Developing and Emerging Markets; Investment Model; Liquidity; Manager; Market; Market Capitalization; Market Disruption and Geopolitical; Operational; Other Investment Companies. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks. The prospectus should be read carefully before investing. Consider the Fund’s investment objective, risks, and charges and expenses carefully before investing.