IGD News and Press, Voya Global Equity Dividend and Premium Opportunity Fund From 11/25/19

This article was originally published on October 29, 2019. Most closed-end fund investors know that distribution cuts come with the nature of the closed-end fund's structure. The fact is that when a fund is paying out 90% of their NII and 98% of their realized capital gains on an annual ba...

Note: This article was released to members on October 19, 2019. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds [CEFs] for further due diligence and investigation. Previous editions of ...

Note: This report was released to members 2 weeks ago. Weekly Closed-End Fund Roundup The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently c...

Here are the changes to the Voya equity CEF distributions, some of which are very large, particularly ( IRR ) 's at an over -50% distribution cut but ( IID ) 's is also very large at -42.3% and Voya's most popular fund ( IGD ) gets a -34.4% cut. The ex-dividend date for all of the funds ...

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information...

It's not been easy for global or international equity CEFs to keep up with their US stock focused counterparts. And for many that offer uber high NAV and market yields, say over 10%, it's been a text book case of how to destroy your NAV. Many of these funds went public before the financial c...

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD ) declares $0.061/share monthly dividend , in line with previous. Forward yield 11.11% Payable Aug. 15; for shareholders of record Aug. 2; ex-div Aug. 1. See IGD Dividend Scorecard, Yield Chart, & Dividend Gro...

Our Income Factory™ continues to do what it is supposed to, churn out cash at an "equity return" rate (plus/minus 10%) or higher, that we can re-invest to create our own long-term growth, regardless of how the market chooses to value our "factory" (i.e. our portfolio) from time to time....

The Voya Global Equity Dividend and Premium Opportunity Fund ( IGD ) looks to be another in a long line of funds marketed to investors based on income but generating sub-par total returns and poor risk-adjusted returns. Investors, even those seeking income, are best served looking elsewhere. ...

This article was first released to CEF/ETF Income Laboratory subscribers two weeks ago, so data may be out of date. Please check latest data before making investment decisions. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price...