Voya Asia Pacific High Dividend Equity Income Fund

Frequently Asked Questions About IAE

What does IAE invest in?

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.

What is the expense ratio of IAE?

Voya Asia Pacific High Dividend Equity Income Fund (IAE) charges an expense ratio of 1.20%. This is the annual fee deducted from fund assets to cover management and operations.

What is IAE's dividend yield?

IAE's trailing-twelve-month yield is 9.13%, calculated from the sum of dividends over the past year divided by the current price.

How big is IAE?

Voya Asia Pacific High Dividend Equity Income Fund (IAE) manages $91.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IAE actively managed or an index fund?

IAE is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IAE's is 1.20%) because there's no security selection cost.

When was IAE launched?

Voya Asia Pacific High Dividend Equity Income Fund (IAE) launched in March 2007 and is managed by the fund issuer.