IGA News and Press, Voya Global Advantage and Premium Opportunity Fund of Beneficial Interest From 10/31/22

Summary During a week in which Microsoft, Alphabet, Meta Platforms and Amazon dropped an average -12.1% after their earnings, one would think the Nasdaq-100 would be close to its YTD low. But instead, the Nasdaq-100 soared +3.1% on Friday as investors disregarded those disappointi...

Summary Since our previous update, JCE remains at a premium - even ticking up a bit. Some alternatives could exist with better valuations, such as FFA and IGA. The fund could still be attractive as a "Hold" as it isn't grossly overvalued as it was just recently. Writte...

Summary As we entered new lows for the year in September, I was putting most of my cash to work. I have a very limited amount of cash left, but I make contributions regularly. The added income generation of the portfolio will also further help provide more cash flow to take ad...

Summary IGA has been performing relatively well during the challenging 2022 market. The fund's distribution appears reasonably sustainable and attractive. IGA is a potentially compelling way to diversify one's portfolio with an attractive discount. ...

IGA is a global equities CEF that also writes covered calls on a percentage of its portfolio. The CEF writes monthly at-the-money calls (high delta), which have helped it weather the global equities downturn much better than a global equities index. The fund does not employ levera...

Discounts have been widening in the CEF space as volatility has been kicking up. The widening discounts have been creating more opportunities, but headwinds exist. We screen for several different metrics that bring up funds worth exploring further. For further details see: ...

Voya Investment Management, the asset management business of Voya Financial, Inc., will host a webcast for the Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) on Thursday, May 12, 2022 from 4:30 p.m....

IGA is a global equity covered call fund that invests about 65% in US equities and 35% in international securities. It invests in solid companies that earn a good income. IGA sells call options on several indices or ETFs. Around 50% of the portfolio is hedged. The covered call str...

Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) has declared $0.197/share quarterly dividend, in line with previous. Payable April 18; for shareholders of record April 4; ex-div April 1. See IGA Dividend Scorecard, Yield Chart, & Dividend Growth. For further details s...

IGA continues to trade at an attractive level with its discount and current distribution yield. This fund has a tilt towards global equities, with geopolitical risks that could keep pressure on the fund. However, the portfolio is also tilted more towards value-oriented positions, ...