IGA: Discount Narrows, But Still Worth Holding [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
Investing Group Leader Follow Summary The Voya Global Advantage and Premium Opportunity Fund switched to monthly distributions and increased payout earlier this year. As expected, that has led to some discount contraction since our prior update, but there is still some appeal here that can make the fund worth continuing to hold. The fund focuses on value-oriented sectors, global exposure, and options writing strategy to generate distribution. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » peshkov Written by Nick Ackerman, co-produced by Stanford Chemist Earlier this year we covered Voya Global Advantaged and Premium Opportunity Fund ( NYSE: IGA ), noting that the fund made a switch to a monthly distribution. Also, at that time, the fund increased its distribution yield quite materially as well. Saba Capital Management, a known closed-end fund activist, certainly played a role either direc
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IGA
Sec Filings
- 11/6/24 - Form N-CSRS
- 10/23/24 - Form NPORT-P
- 8/28/24 - Form N-PX
- IGA's page on the SEC website