Voya Asia Pacific High Dividend Equity Income Fund (IAE) to Issue Monthly Dividend of $0.07 on February 17th

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) declared a monthly dividend on Thursday, January 15th. Shareholders of record on Monday, February 2nd will be paid a dividend of 0.065 per share on Tuesday, February 17th. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date is Monday, February 2nd.

Voya Asia Pacific High Dividend Equity Income Fund Stock Up 0.1%

Voya Asia Pacific High Dividend Equity Income Fund stock opened at $8.16 on Friday. Voya Asia Pacific High Dividend Equity Income Fund has a fifty-two week low of $5.30 and a fifty-two week high of $8.30. The firm’s fifty day moving average price is $7.57 and its 200-day moving average price is $7.40.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. sold 6,237 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $8.28, for a total transaction of $51,642.36. Following the transaction, the insider directly owned 1,758,371 shares of the company’s stock, valued at approximately $14,559,311.88. This trade represents a 0.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold a total of 58,316 shares of company stock worth $477,421 in the last quarter.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of IAE. Advisory Services Network LLC purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the third quarter valued at approximately $30,000. Raymond James Financial Inc. boosted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 5.4% in the third quarter. Raymond James Financial Inc. now owns 136,445 shares of the company’s stock valued at $1,023,000 after acquiring an additional 6,934 shares in the last quarter. Osaic Holdings Inc. increased its position in Voya Asia Pacific High Dividend Equity Income Fund by 7.8% during the 2nd quarter. Osaic Holdings Inc. now owns 147,659 shares of the company’s stock valued at $1,040,000 after purchasing an additional 10,684 shares during the period. Cetera Investment Advisers bought a new position in Voya Asia Pacific High Dividend Equity Income Fund in the 2nd quarter worth $83,000. Finally, Shaker Financial Services LLC lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 9.4% in the 4th quarter. Shaker Financial Services LLC now owns 198,949 shares of the company’s stock worth $1,461,000 after purchasing an additional 17,016 shares during the period.

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.