IGA News and Press, Voya Global Advantage and Premium Opportunity Fund of Beneficial Interest From 05/31/23

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), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), and Voya Infrastructure, Industrials and Materials F...

2023-05-30 03:32:18 ET Summary Voya Global Advantage and Premium Opportunity Fund trades at a deep discount, offering an attractive distribution yield. The fund's value-oriented portfolio has performed well in 2022, but heavy financial exposure has impacted 2023's results. The...

2023-04-30 01:44:27 ET Summary Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022. Volatility has been coming down in ...

2023-03-27 11:45:08 ET Summary ETW and IGA are similar funds in the way they operate; they sell index or index ETF calls and hold a basket of equity positions with a global tilt. However, the positioning that they've chosen to take differs, and that's played a significant role in ...

Summary IGA held up much better in 2022 than the overall market on a total NAV return basis. This was thanks to the portfolio's options strategy, currency hedging and overall value-tilt in their portfolio. The results were less attractive on a total share price basis, but that merel...

Summary IGA generated a strong yield and has been able to achieve its objective of generating stable current income. The average annual total return also is quite high. IGA invests in stocks in ICT, financial, industrial, and healthcare sectors. These sectors in my view have maximum gro...

Summary 2022 was a year to forget, while most believe 2023 will begin with the same issues that took the equity and bond markets well into bear market territory last year. That is, a hawkish Federal Reserve that doesn't want to let up on strangling inflation into submission while draini...

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...