IGA: Global Exposure At A Steep Discount [Seeking Alpha]
Voya Global Advantage and Premium Opportunity Fund Common Shares of Beneficial Interest (IGA)
US:NYSE Investor Relations:
investments.voya.com/investor/products/closed-end-funds/profile/index.htm?p=129
Company Research
Source: Seeking Alpha
Summary IGA offers investors a discount of 8.24%, near its longer-term average discount. The fund had a distribution cut when it announced in September but still has an attractive distribution rate of 7.37%. IGA utilizes an option strategy to enhance income with global exposure. This article was originally published on December 17th, 2019. Most U.S. investors don't hold nearly enough exposure to international securities. This is where a fund like Voya Global Advantage and Premium Opportunity Fund ( In the chart below we can compare the last 11 years of performance between two that are representative of U.S. equities and global equities. (Source - Yahoo Finance performance numbers, author compiled chart) The above chart is looking at annual performance for the of Vanguard FTSE All-World ex-US ETF ( VEU SPY bourbonfm.com In the above chart, we can clearly see there have been periods of international outperformance relative to domestic U.S. securities. It would also appear that we have
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IGA
News
- IGA: Attractive Discount Remains With A Switch To A Monthly Distribution Plus A Bump [Seeking Alpha]Seeking Alpha
- IGA: This 12% Yielding Global Equity CEF Now Pays Monthly [Seeking Alpha]Seeking Alpha
- Voya Increases Distribution Rate on 5 Funds [Yahoo! Finance]Yahoo! Finance
- Voya changes distribution frequency from quarterly to monthly on four funds [Seeking Alpha]Seeking Alpha
- Voya announces change to distribution frequency from quarterly to monthly on four funds [Yahoo! Finance]Yahoo! Finance
IGA
Sec Filings
- 4/23/24 - Form NPORT-P
- 3/13/24 - Form SC
- 2/7/24 - Form SC
- IGA's page on the SEC website