2024-04-20 12:16:43 ET
Summary
- The Voya Global Advantage and Premium Opportunity Fund has been trading at a historically deep discount, making it a potentially attractive investment option.
- IGA has announced a switch to a monthly distribution along with an increase, which is generally more favorable for income-focused investors.
- Saba Capital Management has held a position in IGA, though it is a relatively small slice of the fund.
Written by Nick Ackerman, co-produced by Stanford Chemist. ...
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IGA: Attractive Discount Remains With A Switch To A Monthly Distribution Plus A Bump