Voya Global Equity Dividend and Premium Opportunity Fund

Class A: IGD
For more information call 1 (800) 334-3444
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Voya Global Equity Dividend and Premium Opportunity Fund

This Closed-End Fund seeks a high level of income; capital appreciation is secondary.

Daily Prices

as of August 13, 2018

Net Asset Value (NAV)$7.57
Closing Price$7.43
Price Change-0.04
Premium/(Discount)-1.85

Product Facts

Ticker SymbolIGD
CUSIP92912T100
Inception DateMarch 28, 2005
Dividends PaidMonthly

About this Product

  • Invests in 80–120 global, common stocks with a history of attractive dividend yields
  • Sells call options on selected indices and/or on individual securities and/or ETFs to seek gains and lower volatility of total returns over a market cycle
  • May partially hedge currency exposure to reduce volatility of returns

Investment Objective

This Closed-End Fund seeks a high level of income; capital appreciation is secondary.

Management Team

View Fund Advisor/Sub Advisor

Portfolio Management Team

Voya Investments, LLC

Investment Adviser

Voya Investments, LLC., serves as the investment adviser to each of the Funds. Voya Investments has overall responsibility for the management of the Funds. Voya Investments provides or oversees all investment advisory and portfolio management services for each Fund, and assists in managing and supervising all aspects of the general day-to-day business activities and operations of the Funds, including custodial, transfer agency, dividend disbursing, accounting, auditing, compliance and related services. The Investment Adviser may, from time to time, directly manage a portion of the Fund’s assets to seek to manage the Fund’s overall risk exposure to achieve the Fund’s desired risk/return profile and to effect the Fund’s investment strategies. The Investment Adviser may invest in futures and exchange-traded funds to implement its investment process.

NNIP Advisors B.V.

Investment Sub-Adviser

NNIP Advisors B.V. (“NNIP Advisors” or “Sub-Adviser”) is a Netherlands corporation organized in 1896 and became an investment advisory company in 1991. NNIP Advisors is registered with the SEC as an investment adviser. NNIP Advisors is a company organized to manage investments and provide investment advice to entities in Canada and United States. The principal address of NNIP Advisors is Schenkkade 65, 2595 AS, The Hague, The Netherlands. As of December 31, 2015, NNIP Advisors had approximately $6.7 billion in assets under management. NNIP Advisors operates under the collective management of NN Investment Partners which, as of December 31, 2015, had approximately $204.2 billion in assets under management.

Bruno Springael

Portfolio Manager

Managed Fund since 2011

More Info
Bruno Springael, Senior Portfolio Manager and co-manager of the Global High Dividend strategy, joined Banque Bruxelles Lambert Asset Management in 1987 (NN Investment Partners).

Nicolas Simar

Portfolio Manager

Managed Fund since 2005

More Info
Nicolas Simar, Portfolio Manager, is Head of the Value team in the Equity investments department and is responsible for the value strategies. Mr. Simar also manages the Euro High Dividend strategy. He started his career at the Banque Bruxelles Lambert Asset Management in 1996 (NN Investment Partners) as an investment manager of fixed-income.

Willem van Dommelen

Portfolio Manager

Managed Fund since 2005

More Info
Willem van Dommelen is head of the investment managers’ team of the systematic beta column in the structured investment strategy department at NNIP Advisors B.V. Previously, Willem was a senior investment manager on the firms structured investments department, responsible for the management of a broad range of structured mutual funds and the advice and implementation of hedging activities for firm affiliates. Willem began his career as a portfolio manager at NN Investment Management, where he advised and serviced around 80 institutional clients. Willem obtained his master’s degree in economics from Tilburg University, specializing in accountancy and investment theory. He holds a RBA degree (registered investment analyst).

My Representatives

Broker/Dealer Services

1-800-334-3444

Contact Us

Performance

Average Annual Total Returns %

As of July 31, 2018

As of June 30, 2018

Most Recent Month EndMost Recent Quarter EndMost Recent Month EndMost Recent Quarter End
Most Recent Month EndYTD1 YR3 YR5 YR10 YRExpense Ratios
GrossNet
Net Asset Value-0.57+3.77+6.29+6.34+5.411.23%1.20%
Market Price+4.36+9.60+10.11+6.72+6.08
Net Asset Value-4.67+1.89+5.25+5.91+4.841.23%1.20%
Market Price-1.20+6.95+8.06+6.21+4.50

Inception Date - Class A:March 28, 2005

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.

Portfolio

Portfolio Statistics

As of July 31, 2018

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.

$756.9
Number of Holdings
Number of Holdings:

Number of Holdings in the investment.

104
Outstanding Shares97,077,421
Total

Top Holdings

% of Total Investments as of July 31, 2018

Apple, Inc.3.32
Microsoft Corp.2.85
Cisco Systems, Inc.2.42
Citigroup, Inc.2.12
General Electric Co.2.10
Walmart, Inc.2.09
Cie de Saint-Gobain2.06
Vodafone Group PLC2.03
Total SA1.76
Mosaic Co/The1.75
Total#,###.2

Portfolio Composition

as of July 31, 2018

Stocks95.01
Short Terms4.99
Total#,###.2

Sector Weightings

% of Total Investments as of July 31, 2018

Financials18.31
Information Technology17.16
Health Care14.78
Consumer Staples9.95
Consumer Discretionary9.38
Energy9.09
Industrials7.34
Telecommunication Services5.85
Utilities4.18
Materials3.97
Total#,###.2

Top Country Weightings

% of Total Investments as of July 31, 2018

United States50.65
France12.65
United Kingdom7.55
Japan5.92
Switzerland4.44
Canada2.49
Italy2.41
Netherlands2.35
Spain2.06
Ireland1.30
Total#,###.2

Information provided is not a recommendation to buy or sell any security. Portfolio data is subject to daily change.

Distributions

Distributions: Last 12 Months

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.

Ordinary Dividends
Ordinary Dividends:

Payout to shareholders of interest, dividends, or other income received by the Fund, net of operating expenses. By law, all such income must be distributed to shareholders, who may choose to take the money in cash or reinvest it in more shares of the Fund.

Short Term Capital Gains
Short Term Capital Gains:

The profit realized from the sale of securities held for less than one year.

Long Term Capital Gains
Long Term Capital Gains:

Gain on the sale of a security where the holding period was 12 months or more and the profit was subject to the long-term capital gains tax.

Return of Capital
Return of Capital:
Total Amount
Distributions07/02/201807/16/201807/03/2018$0.018000$0.000000$0.000000$0.043000$0.061000*
Distributions04/02/201804/16/201804/03/2018$0.014000$0.000000$0.000000$0.047000$0.061000*
Distributions03/01/201803/15/201803/02/2018$0.005000$0.000000$0.000000$0.056000$0.061000*
Distributions02/01/201802/15/201802/02/2018$0.000000$0.000000$0.000000$0.061000$0.061000*
Distributions12/28/201701/16/201812/29/2017$0.061000$0.000000$0.000000$0.000000$0.061000*
Distributions12/01/201712/15/201712/04/2017$0.013000$0.036000$0.000000$0.012000$0.061000*
Distributions11/01/201711/15/201711/02/2017$0.004000$0.024000$0.000000$0.033000$0.061000*
Distributions10/03/201710/16/201710/04/2017$0.014000$0.000000$0.000000$0.047000$0.061000*
Distributions09/01/201709/15/201709/06/2017$0.015000$0.000000$0.000000$0.046000$0.061000*
Totals: $0.549000

Ratings

Morningstar™ Ratings

As of January 31, 2007

No Morningstar™ Ratings are currently available for this share class.

Press Releases

Disclosures

Principal Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Price volatility, liquidity, and other risks that accompany an investment in equity securities of domestic and foreign companies, and small and mid sized capitalized companies. International investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Risks of foreign investing are generally intensified for investments in emerging markets. 

Options Risk

The Fund may purchase put and call options and may write (sell) put options and call options and is subject to Options Risk. The Fund will realize a gain or loss upon the expiration or closing of the option contract. When an option is exercised, the proceeds on sales of the underlying security for a written call option or purchased put option or the purchase cost of the security for a written put option or a purchased call option is adjusted by the amount of premium received or paid. The risk in writing a call option is that the Fund gives up the opportunity for profit if the market price of the security increases and the option is exercised. The risk in buying an option is that the Fund pays a premium whether or not the option is exercised. Risks may also arise from an illiquid secondary market or from the inability of counterparties to meet the terms of the contract. A decision as to whether, when and how to buy or sell options under the Fund’s strategy involves the exercise of skill and judgment, and even a well-conceived transaction may be unsuccessful to some degree because of market behavior or unexpected events. When an option purchased or sold by the Fund is exercised or closed out, the Fund may be required to sell portfolio securities or to deliver portfolio securities to the option purchaser to satisfy its obligations when it would not otherwise choose to do so, or the Fund may choose to sell portfolio securities to realize gains to offset the losses realized upon option exercise. Such sales or delivery would involve transaction costs borne by the Fund and may also result in realization of taxable capital gains, including short-term capital gains taxed at ordinary income tax rates, and may adversely impact the Fund’s after-tax returns. 

This Fund has additional risks which you should consider, such as: Market Discount Risk, Investment and Market Risk, Issuer Risk, Equity Risk, Option Related Risk, Small-Cap and Mid-Cap Companies Risk, Foreign Investment and Emerging Markets Risk, Foreign (non-U.S.) Currency Risk, Derivatives Risk, Interest Rate Risk, Restricted and Illiquid Securities Risk, Distribution Risk, Dividend Risk. These and other risks are described more fully in the Fund’s prospectus and the most current annual or semi-annual report. The prospectus should be read carefully before investing. Consider the Fund’s investment objective, risks, and charges and expenses carefully before investing.