Voya Asia Pacific High Dividend Equity Income Fund (IAE) To Go Ex-Dividend on April 1st

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) declared 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 11.0%. The ex-dividend date of this dividend is Wednesday, April 1st.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

Shares of IAE opened at $7.12 on Monday. Voya Asia Pacific High Dividend Equity Income Fund has a 1 year low of $5.30 and a 1 year high of $8.30. The company’s 50 day simple moving average is $7.81 and its 200 day simple moving average is $7.58.

Insider Activity

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 on Wednesday, March 4th. The stock was sold at an average price of $7.73, for a total value of $322,936.21. Following the completion of the sale, the insider owned 1,618,753 shares of the company’s stock, valued at $12,512,960.69. The trade was a 2.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 197,934 shares of company stock worth $1,595,552 in the last 90 days.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

A number of hedge funds have recently added to or reduced their stakes in IAE. Osaic Holdings Inc. increased its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 2.9% during the 4th quarter. Osaic Holdings Inc. now owns 150,141 shares of the company’s stock valued at $1,093,000 after acquiring an additional 4,300 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 19.0% in the second quarter. Raymond James Financial Inc. now owns 129,511 shares of the company’s stock worth $912,000 after acquiring an additional 20,723 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 8.6% in the fourth quarter. Wells Fargo & Company MN now owns 107,363 shares of the company’s stock valued at $782,000 after purchasing an additional 8,481 shares during the period. LPL Financial LLC grew its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 264.6% in the fourth quarter. LPL Financial LLC now owns 47,623 shares of the company’s stock valued at $347,000 after purchasing an additional 34,561 shares during the period. Finally, Cetera Investment Advisers acquired a new position in Voya Asia Pacific High Dividend Equity Income Fund during the second quarter worth approximately $83,000.

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.