Voya Global Advantage and Premium Opportunity Fund·Financial Services

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 2026. 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.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the distributions on the common shares of five of its closed-end 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 Emergin.

The Voya Global Advantage and Premium Opportunity Fund now trades at an 8.92% discount, near its long-term average, with a 10.86% yield. IGA's monthly distribution policy and higher payout, implemented in 2024, have increased its appeal to income-focused investors and may support a higher valuation baseline. The fund's value-oriented, globally diversified portfolio has shown relative resilience during recent equity market sell-offs, outperforming peers like BOE in downturns.

Voya Global Advantage & Premium Opportunity Fund is downgraded to sell due to structural flaws and persistent NAV erosion. IGA's high 10.7% yield is unsustainable, with distributions exceeding portfolio income and a declining payout history undermining long-term capital preservation. The fund's option-writing strategy caps upside, causing severe underperformance versus traditional equity ETFs and peer CEFs, despite global exposure.

Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA - Get Free Report) was down 1.1% during mid-day trading on Tuesday. The company traded as low as $9.36 and last traded at $9.39. Approximately 76,925 shares traded hands during mid-day trading, an increase of 24% from the average daily volume of 62,213 shares. The stock

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the distributions on the common shares of five of its closed-end 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 Emergin.
Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co. LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds. It employs fundamental analysis with a bottom-up stock picking approach and a proprietary discounted cash flow valuation model, focusing on such factors as sales, margins, and capital use to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. It was formerly known as ING Global Advantage and Premium Opportunity Fund. Voya Global Advantage and Premium Opportunity Fund was formed on July 7, 2005 and is domiciled in the United States.
Financial Services
Asset Management - Global
2005-10-27
0.47
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