Voya Global Advantage and Premium Opportunity Fund to Issue Monthly Dividend of $0.09 (NYSEARCA:IGA)

Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) declared a monthly dividend on Monday, September 15th. Investors of record on Wednesday, October 1st will be paid a dividend of 0.085 per share on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date is Wednesday, October 1st.

Voya Global Advantage and Premium Opportunity Fund Stock Performance

Shares of IGA opened at $9.84 on Monday. The stock has a fifty day moving average price of $9.84 and a 200 day moving average price of $9.79. Voya Global Advantage and Premium Opportunity Fund has a 12 month low of $8.43 and a 12 month high of $10.12.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of IGA. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 2.7% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 44,437 shares of the company’s stock valued at $436,000 after buying an additional 1,165 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 1.3% in the first quarter. Integrated Wealth Concepts LLC now owns 142,494 shares of the company’s stock valued at $1,399,000 after buying an additional 1,833 shares during the period. Kovack Advisors Inc. lifted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 4.5% in the first quarter. Kovack Advisors Inc. now owns 47,260 shares of the company’s stock valued at $464,000 after buying an additional 2,019 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 8.1% in the second quarter. Envestnet Asset Management Inc. now owns 43,329 shares of the company’s stock valued at $430,000 after buying an additional 3,238 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 15.7% during the second quarter. Cetera Investment Advisers now owns 25,370 shares of the company’s stock valued at $252,000 after purchasing an additional 3,439 shares during the last quarter.

About Voya Global Advantage and Premium Opportunity Fund

Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.