NYSE:IAE

Stock Analysis Report

Voya Asia Pacific High Dividend Equity Income Fund

Executive Summary

Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC.


Snowflake Analysis

Share Price & News

How has Voya Asia Pacific High Dividend Equity Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IAE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.8%

IAE

1.9%

US Capital Markets

0.6%

US Market


1 Year Return

-0.1%

IAE

19.9%

US Capital Markets

24.6%

US Market

Return vs Industry: IAE underperformed the US Capital Markets industry which returned 21.7% over the past year.

Return vs Market: IAE underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

IAEIndustryMarket
7 Day-0.8%1.9%0.6%
30 Day3.4%4.3%3.0%
90 Day5.4%13.5%10.6%
1 Year9.9%-0.1%22.4%19.9%27.3%24.6%
3 Year23.4%-4.9%44.8%36.7%50.5%40.8%
5 Year22.0%-24.6%100.6%82.1%78.9%59.1%

Price Volatility Vs. Market

How volatile is Voya Asia Pacific High Dividend Equity Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Voya Asia Pacific High Dividend Equity Income Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Voya Asia Pacific High Dividend Equity Income Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Voya Asia Pacific High Dividend Equity Income Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Voya Asia Pacific High Dividend Equity Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.4%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Voya Asia Pacific High Dividend Equity Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Voya Asia Pacific High Dividend Equity Income Fund performed over the past 5 years?

17.7%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Voya Asia Pacific High Dividend Equity Income Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Voya Asia Pacific High Dividend Equity Income Fund's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Voya Asia Pacific High Dividend Equity Income Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Voya Asia Pacific High Dividend Equity Income Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Voya Asia Pacific High Dividend Equity Income Fund's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate IAE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate IAE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IAE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IAE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IAE's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

What is the CEO of Voya Asia Pacific High Dividend Equity Income Fund's salary, the management and board of directors tenure and is there insider trading?

14.0yrs

Average board tenure


CEO

Shaun Mathews (63yo)

0yrs

Tenure

0

Mr. Shaun Patrick Mathews is a Senior Managing Director and Head of the Client Group at Voya Investment Management LLC. Mr. Mathews oversees all asset management sales and client services functions includi ...


Board Age and Tenure

14.0yrs

Average Tenure

72yo

Average Age

Experienced Board: IAE's board of directors are seasoned and experienced ( 14 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Shaun Mathews (63yo)

    Chief Executive Officer

    • Michael Roland (61yo)

      Executive Vice President

      • Stan Vyner (68yo)

        Chief Investment Risk Officer and Executive Vice President

        • Tenure: 15yrs
      • Todd Modic (51yo)

        Chief Financial Officer

        • Huey Falgout (55yo)

          Secretary

          • Kimberly Anderson (55yo)

            Senior Vice President

            • Julius Drelick (52yo)

              Senior Vice President

              • Robert Terris (49yo)

                Senior Vice President

                • Kevin Gleason (53yo)

                  Chief Compliance Officer

                  • Fred Bedoya (46yo)

                    Vice President and Treasurer


                    Board Members

                    • Pat Kenny (76yo)

                      Independent Trustee

                      • Tenure: 14.9yrs
                      • Compensation: US$598.00
                    • Sheryl Pressler (68yo)

                      Independent Trustee

                      • Tenure: 14yrs
                      • Compensation: US$672.00
                    • J. Earley (74yo)

                      Independent Trustee

                      • Tenure: 14.9yrs
                      • Compensation: US$591.00
                    • Russell Jones (75yo)

                      • Compensation: US$311.00
                    • Shaun Mathews (63yo)

                      Chief Executive Officer

                      • Patricia Chadwick (70yo)

                        Independent Trustee

                        • Tenure: 14yrs
                        • Compensation: US$605.00
                      • Peter Drotch (77yo)

                        Independent Trustee

                        • Tenure: 12.3yrs
                        • Compensation: US$510.00
                      • John Boyer (66yo)

                        Independent Trustee

                        • Tenure: 14.9yrs
                        • Compensation: US$606.00
                      • Colleen Baldwin (59yo)

                        Independent Trustee

                        • Tenure: 12.5yrs
                        • Compensation: US$601.00
                      • Roger Vincent (74yo)

                        Independent Trustee

                        • Tenure: 13.9yrs
                        • Compensation: US$701.00

                      Company Information

                      Voya Asia Pacific High Dividend Equity Income Fund's company bio, employee growth, exchange listings and data sources


                      Key Information


                      Location

                      • Voya Asia Pacific High Dividend Equity Income Fund
                      • 7337 East Doubletree Ranch Road
                      • Suite 100
                      • Scottsdale
                      • Arizona
                      • 85258-2034
                      • United States

                      Listings

                      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
                      IAENYSE (New York Stock Exchange)YesCOMUSUSDMar 2007

                      Biography

                      Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend-paying stocks of companies. The fund also invests through derivatives having economic characteristics similar to the equity securities such as call options on selected indices and/or equity securities. It employs a combination of fundamental and quantitative analysis with a bottom-up stock picking approach, focusing on such factors as liquidity and dividend yield, cash flow strength, capital structure, capital expenditures, and operating margins to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI All Country Asia Pacific ex-Japan Index. It was formerly known as ING Asia Pacific High Dividend Equity Income Fund. Voya Asia Pacific High Dividend Equity Income Fund was formed on January 8, 2007 and is domiciled in the United States. 


                      Company Analysis and Financial Data Status

                      All financial data provided by Standard & Poor's Capital IQ.
                      DataLast Updated (UTC time)
                      Company Analysis2020/01/23 00:15
                      End of Day Share Price2020/01/22 00:00
                      EarningsN/A
                      Annual EarningsN/A


                      Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.