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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) declared a monthly dividend on Tuesday, February 17th. Investors of record on Monday, March 2nd will be given a dividend of 0.065 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%. The ex-dividend date is Monday, March 2nd.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

IAE traded up $0.07 during trading hours on Wednesday, reaching $8.09. 1,766 shares of the company’s stock traded hands, compared to its average volume of 78,438. The firm has a 50-day moving average price of $7.74 and a 200 day moving average price of $7.49. Voya Asia Pacific High Dividend Equity Income Fund has a 52-week low of $5.30 and a 52-week high of $8.30.

Insider Buying and Selling at Voya Asia Pacific High Dividend Equity Income Fund

In related news, major shareholder Saba Capital Management, L.P. sold 25,709 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $8.21, for a total transaction of $211,070.89. Following the transaction, the insider directly owned 1,683,454 shares of the company’s stock, valued at $13,821,157.34. This represents a 1.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders have sold 134,283 shares of company stock valued at $1,094,999.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Large investors have recently added to or reduced their stakes in the stock. Colonial Trust Advisors acquired a new position in Voya Asia Pacific High Dividend Equity Income Fund in the second quarter valued at approximately $27,000. Advisory Services Network LLC acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 3rd quarter valued at $30,000. Cetera Investment Advisers purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 2nd quarter worth $83,000. Closed End Fund Advisors Inc. purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter worth $134,000. Finally, LPL Financial LLC increased its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 264.6% during the 4th quarter. LPL Financial LLC now owns 47,623 shares of the company’s stock worth $347,000 after purchasing an additional 34,561 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.