Voya Emerging Markets High Dividend Equity Fund Announces Quarterly Distributions, Payable on January 17, 2017
December 15, 2016 at 04:30 pm
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Voya Emerging Markets High Dividend Equity Fund announced quarterly distribution of $0.185 per share, a decrease of $0.045 per share from the previous period. The distribution will be paid on January 17, 2017, to shareholders of record on December 30, 2016. The ex-dividend date is December 28, 2016. The fund distributions announced are reduced from distributions paid in prior periods in an effort to align the funds distributions with the current equity market environment. The funds' management considered a number of factors before deciding to decrease a fund's distribution, including general market outlook, the dividend yield expectations of the underlying equity portfolios and prevailing implied option volatilities.
Voya Emerging Markets High Dividend Equity Fund (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objectives by investing primarily in dividend producing equity securities of issuers located in emerging markets. The Fund also sells call options on selected exchange traded funds (ETFs) and/or international, regional or country indices of equity securities, and/or on equity securities, with the underlying value of such calls representing 15-50% of total value of the Fundâs portfolio. The Fund invests in various sectors, including information technology, financials, consumer discretionary, communication services, materials, energy, industrials, consumer staples, healthcare, utilities and real estate. The Fund's investment advisor is Voya Investments, LLC.