Voya Asia Pacific High Dividend Equity Income Fund
IAE
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Stanley David Vyner
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 7337 East Doubletree Ranch Road Scottsdale AZ United States of America 85258-2034
- IPO Date
- Mar 28, 2007
- CIK
- 0001385632
- Website
- investments.voya.com
- Similar Companies
- Business
- Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) is a diversified, closed-end management investment company that seeks total return through a combination of current income, capital gains, and capital appreciation. The Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in dividend-paying equity securities of companies located in the Asia Pacific region excluding Japan; it employs an options overlay strategy by selling call options on selected Asia Pacific indices, equity securities, or ETFs, with the underlying value of such calls representing 0% to 50% of the Fund's equity securities portfolio. Its portfolio emphasizes high-dividend stocks across sectors including information technology (29.25%), financials (22.26%), and consumer discretionary (9.33%), with top country weightings in China (27.67%), Taiwan (18.99%), India (14.01%), and South Korea (12.42%), and leading holdings such as Taiwan Semiconductor Manufacturing Co., Ltd. (11.98%) and Tencent Holdings Ltd. (5.23%). Launched on March 27, 2007, with CUSIP 92912J102, the Fund pays monthly dividends and is managed by Voya Investment Management Co. LLC, with sub-advisory from NNIP Advisors B.V., and a portfolio management team including Russell Shtern, CFA, Kai Yee Wong, and Susanna Jacob. Headquartered through its investment manager in New York, the Fund targets income-focused investors seeking exposure to Asia Pacific equities, utilizing fundamental and quantitative analysis focusing on liquidity, dividend yield, cash flow strength, capital structure, and operating margins. It trades at a persistent discount to net asset value, averaging -14.20% over the past year, with net assets of $86.7 million and 238 holdings as of October 31, 2025. In recent developments, the Fund has maintained a consistent monthly dividend of $0.065 per share through November 2025, as reaffirmed in distributions declared on October 15, 2025, for payment on November 17, 2025, alongside similar payouts for Voya's other equity closed-end funds including IGD, IHD, IDE, and IGA. This steady distribution strategy, supported by Voya Investment Management (the asset management arm of Voya Financial, Inc.), continues amid evolving market dynamics and expectations of central bank rate cuts, though a portion constitutes return of capital, prompting scrutiny of net asset value sustainability. No major acquisitions, partnerships, or strategic shifts have been reported in the last 1-2 years, with focus remaining on its core high-yield Asia Pacific equity strategy.