Voya Global Advantage and Premium Opportunity Fund

Voya Global Advantage & Premium Opportunity Fund operates as closed-end investment fund. Its portfolio includes current income, capital gains, and appreciation through equity security investment in Asia Pacific companies. The company was founded on October 26, 2005 and is headquartered in Scottsdale, AZ.

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.

IGA: Attractive Discount Remains With A Switch To A Monthly Distribution Plus A Bump

S&P 500 has experienced a market correction as the index falls below 5000 for the first time since February 21. Voya funds announce changes in distribution, with IDE seeing the largest increase of 31% followed by IGA at 29% increase. IGA fund now offers a monthly income stream with a 12% annual yield, making it a strong buy for income-oriented investors.

IGA: This 12% Yielding Global Equity CEF Now Pays Monthly

Voya Asia Pacific High Dividend Equity Income Fund

Voya Infrastructure. Industrials and Materials Fund

Voya Global Equity Dividend and Premium Opportunity Fund

Voya Emerging Markets High Income Dividend Equity Fund

Voya Financial

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced an increase in the distribution rate on five funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE), Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE), and Voya Emerging Markets High Dividend Eq.

Voya Increases Distribution Rate on 5 Funds

9 out of 22 CEF sectors positive on price and 8 out of 22 sectors positive on NAV. Commodities lead while munis lag. Voya option income CEFs go monthly, including IGA (portfolio holding).

Weekly Closed-End Fund Roundup: Voya Option Income CEFs Go Monthly (April 7, 2024)

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the “Funds”) today announced important information concerning the Funds' distributions declared in March 2024. This press release is issued as required by the Funds' Managed Distribution Plan (the “Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the imple.

Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund Announces Payment of Quarterly Distribution

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced that the funds' Board of Trustees has approved a change to the distribution frequency of four funds from quarterly to monthly. Starting with the payment made in May 2024, the following funds will distribute cash to shareholders on a monthly basis: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Infrastructure, Industrials and Material.

Voya announces change to distribution frequency from quarterly to monthly on four funds

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announces the quarterly distribution on the common shares of two of its closed-end funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (each a “Fund” and together the “Funds”). With respect to the Funds, the distribution will be paid on April 15, 2024, to shareholders of record on.

Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund Declare Quarterly Distributions

Voya Global Advantage and Premium Opportunity Fund offers a high level of income through its portfolio of equities and dividend-paying stocks. The fund's recent performance has been disappointing, with a declining share price over the past three and five years. The fund's distribution history shows declining distributions and net assets, raising concerns about its ability to sustain its current yield.

IGA: Trading At A Discount For A Very Good Reason

BlackRock Utilities Infrastructure & Power Opportunities Trust

Western Asset Investment Grade Income Fund

PIMCO Dynamic Income Strategy Fund

The market is anticipating rate cuts, which led to a rally in November as rates on risk-free Treasuries retreated. Closed-end funds present good investment opportunities, trading at historically deep discounts. While the key theme this year had been primarily to avoid adding significant amounts of leverage, I made an exception with adding a PIMCO fund.

4 Closed-End Fund Buys From The Month Of November 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the “Funds”) today announced important information concerning the Funds' distributions declared in September 2023. This press release is issued as required by the Funds' Managed Distribution Plan (the “Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the i.

Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund announce payment of quarterly distribution

Voya Global Advantage and Premium Opportunity Fund remains at a deep discount, making it an attractive offering with exposure to global investments. The IGA closed-end fund utilizes a value-oriented approach with a call-writing strategy, providing some defense to its portfolio. Due to the large discount, the fund's distribution rate is quite attractive relative to what the fund has to earn to cover the payout currently.

IGA: Deep Discount Keeps This Global Fund Interesting

NEW YORK--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc., will host a webcast for the Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), and Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) on Monday, June 12, 2023 from 4:30 p.m. – 5:00 p.m. ET. The webinar will feature Portfolio Manager Justin Montminy. Montminy is a Portfolio Manager on the globa.

Voya Investment Management to host a webcast for the Voya Global Advantage and Premium Opportunity Fund; Voya Global Equity Dividend and Premium Opportunity Fund; and Voya Infrastructure, Industrials and Materials Fund.

Voya Global Advantage and Premium Opportunity Fund trades at a deep discount, offering an attractive distribution yield. The fund's value-oriented portfolio has performed well in 2022, but heavy financial exposure has impacted 2023's results. The large discount allows investors to receive a higher distribution rate, with the current payout level considered reasonable.

IGA: Discount Looking Attractive

Bancroft Fund Ltd

Center Coast Brookfield MLP & Energy Infrastructure Fund

ClearBridge Energy MLP Total Return Fund Inc

Destra Multi-Alternative Fund

Western Asset Mortgage Opportunity Fund

DNP Select Income Fund Inc

Blackrock ESG Capital Allocation Trust

Eagle Point Credit

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Eaton Vance Enhanced Equity Income Fund II

Aberdeen Global Income Fund

First Trust Dynamic Europe Equity Income Fund

FS Credit Opportunities Corp

GDL Fund

Gabelli Multimedia Trust

Guggenheim Strategic Opportunities Fund

Gabelli Utility Trust

Highland Income Fund

Highland Global Credit Allocation Fund.

CBRE Global Real Estate Income Fund

Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022.

Closed-End Fund: April 2023 Check On Valuation

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

ETW and IGA are similar funds in the way they operate; they sell index or index ETF calls and hold a basket of equity positions with a global tilt. However, the positioning that they've chosen to take differs, and that's played a significant role in their past performance and should going forward as well.

ETW Vs. IGA: 2 Call-Writing Funds With A Global Tilt

IGA held up much better in 2022 than the overall market on a total NAV return basis. This was thanks to the portfolio's options strategy, currency hedging and overall value-tilt in their portfolio.

IGA: Strong 2022 Results, Still A Buy At Current Levels

IGA generated a strong yield and has been able to achieve its objective of generating stable current income. The average annual total return also is quite high. IGA invests in stocks in ICT, financial, industrial, and healthcare sectors. These sectors in my view have maximum growth potential in the coming decade.

IGA: Returns Of This Strong-Yielding Global Equity CEF Seem Sustainable

Virtus Artificial Intelligence & Technology Opportunities Fund

ARK Innovation ETF

BlackRock Innovation & Growth Trust

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

Gabelli Dividend & Income Trust

Tekla Healthcare Investors

Tekla Life Sciences Investors

iShares Russell 1000 Growth ETF

NXG NextGen Infrastructure Income Fund

Pimco Global Stockplus & Income Fund

Invesco QQQ

SPDR S&P 500 ETF Trust

2022 was a year to forget, while most believe 2023 will begin with the same issues that took the equity and bond markets well into bear market territory last year. That is, a hawkish Federal Reserve that doesn't want to let up on strangling inflation into submission while draining market liquidity.

Equity CEFs: Top Picks For 2023

John Hancock Financial Opportunities Fund

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

SPDR Dow Jones Industrial Average ETF

Wells Fargo Utilities and High Income Fund

John Hancock Tax-Advantaged Global Shareholder Yield Fund

Tekla Healthcare Opportunities

During a week in which Microsoft, Alphabet, Meta Platforms and Amazon dropped an average -12.1% after their earnings, one would think the Nasdaq-100 would be close to its YTD low. But instead, the Nasdaq-100 soared +3.1% on Friday as investors disregarded those disappointing tech company earnings earlier in the week and instead focused on Apple's earnings.

Equity CEF Performances: Updated Through Oct. 28, 2022

IGA has been performing relatively well during the challenging 2022 market. The fund's distribution appears reasonably sustainable and attractive.

IGA: Value-Oriented Portfolio Leading To Outperformance

IGA is a global equities CEF that also writes covered calls on a percentage of its portfolio. The CEF writes monthly at-the-money calls (high delta), which have helped it weather the global equities downturn much better than a global equities index.

IGA: Global Equities Buy/Write CEF, 8.72% Yield

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc., will host a webcast for the Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) on Thursday, May 12, 2022 from 4:30 p.m. – 5:00 p.m. ET. The webinar will feature Portfolio Managers Steven Wetter and Jason Rausch. Wetter is a Portfolio Manager on the global quantitative equity team helping overse

Voya Investment Management, to host a webcast for the Voya Global Advantage and Premium Opportunity Fund and Voya Global Equity Dividend and Premium Opportunity Fund

IGA is a global equity covered call fund that invests about 65% in US equities and 35% in international securities. It invests in solid companies that earn a good income.

IGA: Check Out This Global Equity Covered Call Fund

IGA continues to trade at an attractive level with its discount and current distribution yield.

IGA: Deep Discount, 8.25% Distribution Yield

BlackRock Enhanced Global Dividend Trust

BOE and IGA both offer global exposure, which is relatively more attractively valued than U.S. investments at this time. Over the last decade or so, U.S. investments have outperformed, but historically, that isn't always the case.

News for Voya Global Advantage and Premium Opportunity Fund ETF (IGA)