Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE – Get Free Report) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 3,034 shares, a decline of 39.6% from the April 15th total of 5,022 shares. Based on an average daily volume of 25,130 shares, the short-interest ratio is presently 0.1 days.
Insider Activity at Voya Asia Pacific High Dividend Equity Income Fund
In related 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 dated Wednesday, March 4th. The stock was sold at an average price of $7.73, for a total value of $322,936.21. Following the sale, the insider owned 1,618,753 shares of the company’s stock, valued at approximately $12,512,960.69. The trade was a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund
A number of hedge funds and other institutional investors have recently modified their holdings of IAE. Cetera Investment Advisers acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the second quarter valued at about $83,000. Raymond James Financial Inc. increased its position in Voya Asia Pacific High Dividend Equity Income Fund by 19.0% during the second quarter. Raymond James Financial Inc. now owns 129,511 shares of the company’s stock worth $912,000 after buying an additional 20,723 shares during the last quarter. Osaic Holdings Inc. increased its position in Voya Asia Pacific High Dividend Equity Income Fund by 7.8% during the second quarter. Osaic Holdings Inc. now owns 147,659 shares of the company’s stock worth $1,040,000 after buying an additional 10,684 shares during the last quarter. NWF Advisory Services Inc. increased its position in Voya Asia Pacific High Dividend Equity Income Fund by 4.7% during the third quarter. NWF Advisory Services Inc. now owns 107,250 shares of the company’s stock worth $804,000 after buying an additional 4,800 shares during the last quarter. Finally, Bulldog Investors LLP increased its position in Voya Asia Pacific High Dividend Equity Income Fund by 424.0% during the third quarter. Bulldog Investors LLP now owns 406,055 shares of the company’s stock worth $3,045,000 after buying an additional 328,562 shares during the last quarter.
Voya Asia Pacific High Dividend Equity Income Fund Price Performance
Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.065 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.5%.
Voya Asia Pacific High Dividend Equity Income Fund Company Profile
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.
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