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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) announced a monthly dividend on Wednesday, April 15th. Shareholders of record on Friday, May 1st will be paid a dividend of 0.065 per share on Friday, May 15th. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date is Friday, May 1st.

Voya Asia Pacific High Dividend Equity Income Fund Trading Down 1.4%

Shares of NYSE:IAE opened at $7.89 on Thursday. Voya Asia Pacific High Dividend Equity Income Fund has a 12-month low of $5.79 and a 12-month high of $8.30. The business’s fifty day simple moving average is $7.66 and its 200-day simple moving average is $7.59.

Insiders Place Their Bets

In other Voya Asia Pacific High Dividend Equity Income Fund 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 transaction, the insider owned 1,618,753 shares in the company, valued at $12,512,960.69. The trade was a 2.52% decrease in their ownership of the stock. The transaction 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 over the last 90 days.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

A number of institutional investors have recently modified their holdings of IAE. Bulldog Investors LLP grew its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 424.0% in the 3rd 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. LPL Financial LLC lifted its position in 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 during the last quarter. Raymond James Financial Inc. boosted its stake in 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 valued at $912,000 after acquiring an additional 20,723 shares in the last quarter. Closed End Fund Advisors Inc. acquired a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at approximately $134,000. Finally, Shaker Financial Services LLC grew its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 9.4% in the fourth 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 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.