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0 0 0.00261096605744135 0.00261096605744135 0.00348128807658842 0.00435161009573548 0.00522193211488255 0.00609225413402962
Stock impact report

IGD: Middling Performance, But Could Be A Hedge Against A Richly Valued Market [Seeking Alpha]

Voya Global Equity Dividend and Premium Opportunity Fund (IGD) 
Company Research Source: Seeking Alpha
IGD consistently underperforms equity indices and peer covered call funds, sacrificing growth for high income and some downside protection. The fund's distribution exceeds net investment income, relying on capital gains and unrealized gains, raising sustainability concerns if NAV declines persist. IGD trades at a 6.03% discount to NAV, less attractive than its historical and peer averages, making current entry less compelling unless the discount widens. The fund's portfolio consists mostly of value-priced dividend-paying stocks that may hold up better than growth stocks in a market sell-off. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » Silver Place/iStock via Getty Images The Voya Global Equity Dividend and Premium Opportunity Fund ( IGD ) is an equity closed-end fund that uses an options overlay to provide investors with a very attractive 10.43% yield. While on the Show less Read more
Impact Snapshot
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Time And Velocity Analysis
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