IRR News and Press, Voya Natural Resources Equity Income Fund of Beneficial Interest

(NewsDirect) Atlantic Lithium Ltd Chief Geologist and Head of Business Development Len Kolff joined Proactive's Stephen Gunnion with details of more high-grade intersections that were revealed during extension drilling outside of the confirmed resource area at its Ewoyaa project in Ghana....

(NewsDirect) Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) CEO Keith Muller joined Proactive's Stephen Gunnion with the news that the company has been granted a mining lease for the Ewoyaa lithium project by Ghana's Ministry of Lands and Natural Resources. Muller said the l...

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

Technology is back, though in this either/or market, that means everything else is struggling to go up much. That still means close to all-time highs in the case of DIA, and actual all-time highs for SPY, but technology had the most room to catch up. So with the QQQ's nearing all-...

Voya Natural Resources Equity Income Fund of Beneficial Interest (NYSE:IRR) traded at a new 52-week high today of $3.73. So far today approximately 143,000 shares have been exchanged, as compared to an average 30-day volume of 170,000 shares. Voya Natural Resources Equity Income Fund is ...

Voya Natural Resources Equity Income Fund of Beneficial Interest (NYSE:IRR) traded at a new 52-week high today of $3.42. So far today approximately 171,000 shares have been exchanged, as compared to an average 30-day volume of 260,000 shares. Voya Natural Resources Equity Income Fund of ...

Saba Capital has taken aim at the Voya funds. An analysis of possible future steps in the battle. Possible arbitrage opportunities for the outside investor are available. For further details see: Activist Saba Vs. Sponsor Voya: The Battle Is On

Saba succeeds in forcing liquidation of IRR, scheduled for June 11. At a current discount of -1.79%, an annualized alpha of ~14% remains. However, finding an effective hedge for IRR may be difficult. For further details see: IRR: Liquidation Nears

Nineteen out of 23 CEF sectors are positive on price and 21 out of 23 sectors positive on NAV last week. THW rights offering concludes and was undersubscribed. GUT's and CLM/CRF's rights offerings commentary. IRR will liquidate in another Saba victory, while IID was successful...

Voya is going through a purge of its option-income CEFs. Already this year, Voya has announced the liquidation of two of its funds, IID and IRR. Why are they doing this? I'm guessing because the economies of scale don't work as well when the funds get down to around $100 mil...