Voya Global Equity Dividend and Premium Opportunity Fund Review
Class A: IGD
For more than data call ane (800) 334-3444
Voya Global Disinterestedness Dividend and Premium Opportunity Fund
This Airtight-End Fund seeks a loftier level of income; capital appreciation is secondary.
Product Facts
| Ticker Symbol | IGD |
| CUSIP | 92912T100 |
| Inception Engagement | March 28, 2005 |
| Dividends Paid | Monthly |
About this Product
- Invests in global common stocks with a history of bonny dividend yields
- Sells telephone call options on selected indices and/or on individual securities and/or ETFs to seek gains and lower volatility of total returns over a market place cycle
- May partially hedge currency exposure to reduce volatility of returns
Investment Objective
This Airtight-Stop Fund seeks a high level of income; majuscule appreciation is secondary.
My Representatives
Broker/Dealer Services
i-800-334-3444
Contact Us
Performance
Average Annual Total Returns %
As of March 31, 2022
Every bit of March 31, 2022
| Most Recent Month End | YTD | 1 YR | iii YR | five Twelvemonth | 10 Twelvemonth | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | -0.91 | +12.61 | +6.82 | +5.16 | +6.27 | 0.97% | 0.95% |
| Market Cost | -iv.33 | +xi.32 | +5.72 | +v.05 | +5.62 | ||
| Cyberspace Asset Value | -0.91 | +12.61 | +6.82 | +5.16 | +6.27 | 0.97% | 0.95% |
| Market place Toll | -4.33 | +11.32 | +5.72 | +5.05 | +5.62 | ||
Inception Engagement - Class A: March 28, 2005
The performance quoted represents by performance and does not guarantee future results. Current performance may be lower or college than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may exist worth more than or less than their original price. Meet higher up "Boilerplate Annual Total Returns %" for performance information electric current to the nearly recent month-cease.
Returns for the other share classes will vary due to different charges and expenses. Operation assumes reinvestment of distributions and does not account for taxes.
Full investment return at net asset value has been calculated assuming a purchase at cyberspace asset value at the beginning of the flow and a auction at net nugget value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if whatever, in accordance with the provisions of the dividend reinvestment programme. Net asset value equals total Fund avails net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than 1 year.
The Adviser has contractually agreed to waive a portion of the management fee through March one, 2023. The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation understanding excludes involvement, taxes, investment-related costs, leverage expenses, and boggling expenses and may be field of study to possible recoupment. Please come across the Fund's prospectus for more information. The expense limits will continue through at least 2023-03-01. The Fund is operating under the contractual expense limits. Total investment return at market value measures the modify in the marketplace value of your investment assuming reinvestment of dividends and capital letter proceeds distributions, if any, in accord with the provisions of the Fund'south dividend reinvestment program. Total investment return at market value is not annualized for periods less than one yr.
An investor should consider the investment objectives, risks, charges and expenses of the Fund(southward) carefully before investing. For a free re-create of the Fund's prospectus or summary prospectus, which contains this and other information, visit us at www.voyainvestments.com or call (800) 992-0180. Please read all materials carefully before investing.
Portfolio
Portfolio Statistics
As of March 31, 2022
| Net Assets millions Net Assets: The per-share dollar amount of the fund, calculated by dividing the total value of all the securities in its portfolio, less any liabilities, past the number of fund shares outstanding. | $524.5 |
| Number of Holdings Number of Holdings: Number of Holdings in the investment. | 241 |
| Outstanding Shares | 80,730,334 |
| Total |
Top Holdings
% of Total Investments as of March 31, 2022
| Johnson & Johnson | ii.09 |
| Procter & Gamble Co. | 1.74 |
| AbbVie, Inc. | 1.47 |
| Cisco Systems, Inc. | 1.35 |
| iShares Russell 1000 Value ETF | 1.32 |
| Merck & Co., Inc. | 1.21 |
| Verizon Communications, Inc. | 1.xviii |
| PepsiCo, Inc. | 1.15 |
| Pfizer, Inc. | 1.xv |
| Bristol-Myers Squibb Co. | 1.08 |
| Full | #,###.ii |
Portfolio Composition
as of March 31, 2022
| Stocks | 97.39 |
| Other | 1.97 |
| Curt Terms | 0.65 |
| Total | #,###.2 |
Sector Weightings
% of Total Investments equally of March 31, 2022
| Financials | xx.25 |
| Health Care | 15.87 |
| Industrials | 11.55 |
| Consumer Staples | nine.94 |
| It | 6.40 |
| Utilities | six.26 |
| Energy | 6.24 |
| Communication Services | 6.22 |
| Materials | 5.86 |
| Real Estate | 4.98 |
| Consumer Discretionary | 4.46 |
| Not Classified - Mutual Fund | 1.98 |
| Total | #,###.two |
Top Country Weightings
% of Full Investments as of March 31, 2022
| United states of america | 66.17 |
| Nippon | vi.71 |
| Canada | 5.01 |
| Uk | 4.67 |
| Australia | 2.95 |
| French republic | two.57 |
| Switzerland | 2.ten |
| Federal republic of germany | 1.62 |
| Hong Kong | i.56 |
| Italy | 1.39 |
| Full | #,###.two |
Data provided is not a recommendation to buy or sell any security. Portfolio data is field of study to daily change.
Distributions
Payment Frequency: Monthly
| Ex-Date Ex-Date: Date on which a stock begins trading without the do good of the dividend. Typically, a stock's price moves upward by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that engagement. | Payable Date Payable Date: Date on which a declared stock dividend or a bond interest payment is scheduled to be paid. | Ordinary Dividends Ordinary Dividends: Payout to shareholders of interest, dividends, or other income received by the Fund, internet of operating expenses. Past police, all such income must exist distributed to shareholders, who may choose to have the money in cash or reinvest information technology in more shares of the Fund. | Short Term Capital Gains Brusk Term Capital Gains: The turn a profit realized from the auction of securities held for less than one year. | Long Term Capital letter Gains Long Term Majuscule Gains: Gain on the sale of a security where the property period was 12 months or more and the turn a profit was subject field to the long-term majuscule gains tax. | Return of Capital Return of Capital: Returns of capital are distributions by investment companies in backlog of tax-basis earnings and profits. | Total Corporeality | ||
|---|---|---|---|---|---|---|---|---|
| 03/01/2022 | 03/15/2022 | $0.0069 | $0.0000 | $0.0000 | $0.0331 | $0.0400 | ||
| 02/01/2022 | 02/fifteen/2022 | $0.0033 | $0.0000 | $0.0000 | $0.0367 | $0.0400 | ||
| 12/30/2021 | 01/xviii/2022 | $0.0119 | $0.0000 | $0.0000 | $0.0281 | $0.0400 | ||
| 12/01/2021 | 12/15/2021 | $0.0116 | $0.0000 | $0.0000 | $0.0284 | $0.0400 | ||
| eleven/01/2021 | 11/fifteen/2021 | $0.0036 | $0.0000 | $0.0000 | $0.0364 | $0.0400 | ||
| 10/01/2021 | 10/15/2021 | $0.0288 | $0.0000 | $0.0000 | $0.0112 | $0.0400 | ||
| 09/01/2021 | 09/fifteen/2021 | $0.0110 | $0.0000 | $0.0000 | $0.0290 | $0.0400 | ||
| 08/02/2021 | 08/sixteen/2021 | $0.0050 | $0.0000 | $0.0000 | $0.0350 | $0.0400 | ||
| 07/01/2021 | 07/fifteen/2021 | $0.0152 | $0.0000 | $0.0000 | $0.0248 | $0.0400 | ||
| 06/01/2021 | 06/15/2021 | $0.0150 | $0.0000 | $0.0000 | $0.0250 | $0.0400 | ||
| 05/03/2021 | 05/17/2021 | $0.0063 | $0.0000 | $0.0000 | $0.0337 | $0.0400 | ||
| 04/01/2021 | 04/xv/2021 | $0.0204 | $0.0000 | $0.0000 | $0.0196 | $0.0400 | ||
| Totals: $0.4800 | ||||||||
Admission Section 19 notices.
The Fund estimates that it has distributed more than its income and net realized majuscule gains; therefore, a portion of your distribution may be a return of capital, which will have the effect of reducing your cost ground in the Fund's shares and thereby increasing the corporeality of capital gain, if any, or decreasing the corporeality of capital loss, if whatsoever, that you volition realize when selling or exchanging Fund shares. A return of uppercase may occur, for case, when some or all of the money that you invested in the Fund is paid back to you lot. A return of capital does not necessarily reflect the Fund'due south investment performance and should not be confused with 'yield' or 'income'. When distributions exceed full return functioning, the difference will reduce the Fund's net asset value per share. The final determination of the tax characteristics cannot be determined until afterward year end and reported to shareholders on Course 1099-DIV at that time.
To obtain an gauge of the components for each distribution please refer to the distribution press releases.
The Fund intends to make regular quarterly distributions based on the past and projected performance of the Fund.
The tax handling and label of the Fund'southward distributions may vary significantly from fourth dimension to time, depending on whether the Fund has gains or losses on the call options written on its portfolio versus gains or losses on the disinterestedness securities in the portfolio. The Fund's distributions will usually reflect past and projected net investment income, and may include income from dividends and interest, upper-case letter gains and/or a return of capital. The concluding composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the twelvemonth, and volition be reported to shareholders at that time. The amount of quarterly distributions will vary, depending on a number of factors. Equally portfolio and market weather condition alter, the charge per unit of distributions on the common shares will alter. There can be no assurance that the Fund volition be able to declare a distribution in each period.
Investment Team
View Fund Adviser/Sub Adviser
Portfolio Management Team
Voya Investment Management Co. LLC
Investment Sub-Adviser
Voya Investment Management Co. LLC ("Voya IM" or "Sub-Adviser"), a Delaware limited liability visitor, was founded in 1972 and is registered with the SEC as an investment adviser. Voya IM is an indirect, wholly-owned subsidiary of Voya Financial, Inc. and is an affiliate of the Adviser. Voya IM has acted every bit adviser or sub-adviser to mutual funds since 1994 and has managed institutional accounts since 1972. The master office of Voya IM is located at 230 Park Avenue, New York, New York 10169.
Paul Zemsky, CFA
Primary Investment Officer, Multi-Asset Strategies and Solutions
Years of Experience: 38
Years with Voya: 17
Paul Zemsky is master investment officer and founder of the Multi-Asset Strategies and Solutions Team (MASS) at Voya Investment Management. He is responsible for Voya's suite of value-added, customized and off-the-shelf products and solutions supported by the team's asset allocation, manager enquiry, quantitative research, portfolio implementation and multi-manager capabilities. Prior to joining Voya, Paul co-founded CaliberOne Private Funds Management, a macro hedge fund. He began his career at JPMorgan Investment Management, where he held several central positions, including head of investments for over $300 billion of fixed income assets. Paul is a fellow member of Voya's management committee and a board fellow member of Pomona Capital. He earned dual BS degrees in economics and electrical engineering from the Management and Engineering science Program at the University of Pennsylvania, and is a CFA® Charterholder.
Vincent Costa, CFA
Co-Chief Investment Officer, Equities
Years of Experience: 37
Years with Voya: 16
Vincent Costa is co-chief investment officer, equities at Voya Investment Direction. Vincent is also the caput of the global quantitative disinterestedness team and serves as a portfolio manager for the active quantitative and cardinal big cap value strategies. Previously at Voya, he was head of portfolio management for quantitative equity. Prior to joining Voya, he managed quantitative equity investments at both Merrill Lynch Investment Management and Bankers Trust Company. Vinnie earned an MBA in finance from New York Academy's Stern School of Business, a BS in quantitative business assay from Pennsylvania Country University, and is a CFA® Charterholder.
Peg DiOrio, CFA
Head of Portfolio Implementation and Trading
Years of Experience: 29
Years with Voya: 10
Peg DiOrio is caput of portfolio implementation and trading and a portfolio managing director for the active quantitative strategies at Voya Investment Management. Previously at Voya, she was head of quantitative equity portfolio management. Prior to joining Voya, she was a quantitative annotator with Alliance Bernstein/Sanford C. Bernstein responsible for multivariate and fourth dimension serial analysis for depression volatility strategies, global equities, REITs, and options. Prior to that, she was a senior investment planning analyst with Sanford C. Bernstein. Peg formerly served as president of the Order of Quantitative Analysts and continues to serve on the board of directors. She is on the external advisory lath for the Applied Math and Statistics department of Stony Brook Academy. Peg earned a MS in practical mathematics, statistics and operations inquiry from the Courant Found of Mathematical Sciences, New York University and a BS from SUNY Stony Beck. She is a CFA® Charterholder.
Steven Wetter
Portfolio Managing director
Years of Experience: 34
Years with Voya: x
Steven Wetter is a portfolio managing director on the global quantitative disinterestedness squad at Voya Investment Management responsible for the index, research enhanced index and smart beta strategies. Prior to joining Voya, Steve was co-caput of international indexing at BNY Mellon responsible for managing ETFs, index funds and quantitative portfolios. Prior to that, he held like positions at Northern Trust and Bankers Trust. Steve earned an MBA in finance from New York Academy'south Stern Schoolhouse of Concern and a BA from the University of California at Berkeley.
Press Releases
| Posted Engagement | |
|---|---|
| Consolidated Dividend Printing Release iv.18.22 IGD | |
| Consolidated Dividend Press Release 3.fifteen.22 IGD, IAE, IHD | |
| Consolidated Dividend Printing Release 2.15.22 IGD | |
| Consolidated Dividend Printing Release 1.xviii.22 IGD | |
| Consolidated Dividend Press Release 12.15.21 IGD, IAE, IHD | |
| Consolidated Dividend Press Release 11.xv.21 IGD | |
| Consolidated Dividend Press Release 10.xv.21 IGD | |
| Consolidated Dividend Press Release nine.fifteen.21 IGD, IAE, IHD | |
| Consolidated Dividend Press Release viii.sixteen.21 IGD | |
| Consolidated Dividend Press Release vii.fifteen.21 IGD |
Disclosures
Master Risks
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Price volatility, liquidity, and other risks that back-trail an investment in equity securities of domestic and foreign companies, and small and mid sized capitalized companies. International investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Risks of strange investing are more often than not intensified for investments in emerging markets.
Options Risk
The Fund may purchase put and call options and may write (sell) put options and telephone call options and is subject to Options Risk. The Fund will realize a proceeds or loss upon the expiration or closing of the option contract. When an option is exercised, the gain on sales of the underlying security for a written call option or purchased put pick or the purchase price of the security for a written put choice or a purchased call option is adjusted past the amount of premium received or paid. The hazard in writing a phone call option is that the Fund gives up the opportunity for turn a profit if the market price of the security increases and the option is exercised. The risk in ownership an option is that the Fund pays a premium whether or not the option is exercised. Risks may also arise from an illiquid secondary market or from the inability of counterparties to meet the terms of the contract. A decision every bit to whether, when and how to buy or sell options under the Fund'south strategy involves the exercise of skill and judgment, and even a well-conceived transaction may be unsuccessful to some caste considering of market place behavior or unexpected events. When an option purchased or sold by the Fund is exercised or closed out, the Fund may exist required to sell portfolio securities or to deliver portfolio securities to the pick purchaser to satisfy its obligations when it would not otherwise choose to practise so, or the Fund may choose to sell portfolio securities to realize gains to offset the losses realized upon choice practice. Such sales or delivery would involve transaction costs borne by the Fund and may as well issue in realization of taxable capital gains, including short-term capital gains taxed at ordinary income taxation rates, and may adversely impact the Fund's after-tax returns.
This Fund has additional risks which you should consider, such as: Market Discount Chance, Investment and Market Risk, Issuer Risk, Equity Chance, Option Related Risk, Small-scale-Cap and Mid-Cap Companies Risk, Strange Investment and Emerging Markets Take chances, Foreign (non-U.S.) Currency Risk, Derivatives Risk, Interest Rate Run a risk, Restricted and Illiquid Securities Risk, Distribution Run a risk, Dividend Risk. These and other risks are described more fully in the Fund's prospectus and the well-nigh electric current annual or semiannual report. The prospectus should be read carefully before investing. Consider the Fund's investment objective, risks, and charges and expenses advisedly earlier investing.
montoyathrervoich.blogspot.com
Source: https://individuals.voya.com/product/closed-end-fund/profile/voya-global-equity-dividend-and-premium-opportunity-fund
0 Response to "Voya Global Equity Dividend and Premium Opportunity Fund Review"
Post a Comment