Voya Asia Pacific High Dividend Equity Income Fund to Issue Monthly Dividend of $0.07 (NYSE:IAE)

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) announced a monthly dividend on Monday, March 16th. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.065 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 10.4%. The ex-dividend date is Wednesday, April 1st.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 2.7%

Shares of NYSE:IAE opened at $7.47 on Tuesday. The business’s 50-day simple moving average is $7.88 and its 200 day simple moving average is $7.57. Voya Asia Pacific High Dividend Equity Income Fund has a one year low of $5.30 and a one year high of $8.30.

Insider Transactions at Voya Asia Pacific High Dividend Equity Income Fund

In other news, major shareholder Saba Capital Management, L.P. sold 41,777 shares of Voya Asia Pacific High Dividend Equity Income Fund stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $7.73, for a total transaction of $322,936.21. Following the sale, the insider owned 1,618,753 shares in the company, valued at $12,512,960.69. This trade represents a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 197,934 shares of company stock valued at $1,595,552 over the last three months.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IAE. NWF Advisory Services Inc. grew its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 5.6% during the 4th quarter. NWF Advisory Services Inc. now owns 113,250 shares of the company’s stock valued at $824,000 after purchasing an additional 6,000 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 2.9% in the 4th quarter. Osaic Holdings Inc. now owns 150,141 shares of the company’s stock worth $1,093,000 after buying an additional 4,300 shares in the last quarter. Bulldog Investors LLP lifted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 4.6% in the 4th quarter. Bulldog Investors LLP now owns 424,908 shares of the company’s stock worth $3,093,000 after buying an additional 18,853 shares in the last quarter. Wells Fargo & Company MN boosted its position in Voya Asia Pacific High Dividend Equity Income Fund by 8.6% in the 4th quarter. Wells Fargo & Company MN now owns 107,363 shares of the company’s stock valued at $782,000 after buying an additional 8,481 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 264.6% during the fourth quarter. LPL Financial LLC now owns 47,623 shares of the company’s stock valued at $347,000 after acquiring an additional 34,561 shares in the last quarter.

About Voya Asia Pacific High Dividend Equity Income Fund

The Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) is a closed-end management investment company whose primary objective is to provide current income and capital appreciation by investing in dividend-paying equity securities of companies in the Asia Pacific region. The fund seeks to build a diversified portfolio of high-yielding common stocks, real estate investment trusts (REITs) and depositary receipts, targeting issuers in markets such as Australia, Hong Kong, Japan, Singapore and South Korea.