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home / news releases / IGD - Evaluating CEFs: IGA Is A Less Risky Bet On A Turnaround Than IGD

IGD - Evaluating CEFs: IGA Is A Less Risky Bet On A Turnaround Than IGD

Voya Global Equity Dividend and Premium Opportunity Fund
  • IGA offers a yield of about 7.9%, quite tempting if the distribution can be sustained.
  • I continue my series looking at CEFs beyond just the yield with a look at IGA.
  • Buying the fund at this point is placing a bet that it will be able to continue its performance over the last year.
  • Since it has done better than its sister IGD, if you are inclined to bet on Voya, this would be the fund to pick.

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Evaluating CEFs: IGA Is A Less Risky Bet On A Turnaround Than IGD
Stock Information
Company Name: Voya Global Equity Dividend and Premium Opportunity Fund
Stock Symbol: IGD
Market: NYSE
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