IGD

Voya Global Equity Dividend and Premium Opportunity Fund
IGD

$5.63

1.08%

Market Cap: $444M

About: Voya Global Equity Dividend and Premium Opportunity Fund are a United States-based diversified, closed-end Fund. The primary objective of the Fund is to seek to provide investors with a high level of income from a portfolio of common stocks with historically attractive dividend yields and premiums from call option writing. The secondary investment objective of the company is capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a portfolio of common stocks of dividend-paying companies located throughout the world.

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Funds holding %

of 6,728 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

7% more funds holding

Funds holding: 90 [Q1] → 96 (+6) [Q2]

0.13% less ownership

Funds ownership: 28.61% [Q1] → 28.47% (-0.13%) [Q2]

14% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 29

20% less capital invested

Capital invested by funds: $144M [Q1] → $115M (-$28.6M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for IGD.

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Financial journalist opinion

Based on 3 articles about IGD published over the past 30 days

Voya Equity Closed End Funds Declare Distributions

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 Equity Closed End Funds Declare Distributions

IGD: A Narrowing Discount Brought To You By A Higher Distribution

IGA and IGD are similar closed-end funds that incorporate an options writing strategy, but IGA has historically been the better performer. IGD has seen its discount narrow since the fund lifted its monthly distribution to investors, though coverage here has been a struggle. IGD's portfolio is tilted towards global holdings and value-oriented sectors, which could help provide better diversification for an investor if they are looking tech-heavy.

IGD: A Narrowing Discount Brought To You By A Higher Distribution

24/7 Wall Street

Need $15,000 Passive Income? Buy These Dividend Stocks

24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.

Need $15,000 Passive Income? Buy These Dividend Stocks

IGD: Improved Finances, But Share Price Has Gotten Substantially More Expensive

Voya Global Equity Dividend and Premium Opportunity Fund offers a high current income with a 10.91% yield, appealing to income-focused investors. The fund has been significantly outperforming the S&P 500 Index over the past few months. The fund is writing naked call options against various indices, which may have worked against it given the Nikkei volatility.

IGD: Improved Finances, But Share Price Has Gotten Substantially More Expensive

24/7 Wall Street

Want $22,500 in Passive Income? Invest $20,000 in These Dividend Stocks

24/7 Wall Street Insights With inflation showing few signs of appreciable reversal, prices for other goods and services will inevitably continue to rise.

Want $22,500 in Passive Income? Invest $20,000 in These Dividend Stocks

Voya Equity Closed End Funds Declare Distributions

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 Equity Closed End Funds Declare Distributions

Voya Equity Closed End Funds Declare Distributions

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 Equity Closed End Funds Declare Distributions

IGD: Failed To Cover The Distribution For The Second Straight Year, But Hikes Anyway

Voya Global Equity Dividend and Premium Opportunity Fund offers income-focused investors the potential for capital gains without sacrificing yield. The fund's current yield of 11.61% is higher than similar funds (or anything else) in the market. While IGD has underperformed the S&P 500 Index recently, it has delivered a 4.02% gain and a 7.54% total return over the past four months.

IGD: Failed To Cover The Distribution For The Second Straight Year, But Hikes Anyway

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.

NEW YORK--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), 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 Tuesday, May 14, 2024 from 4:30 p.m. – 5:00 p.m. ET.

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 Increases Distribution Rate on 5 Funds

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

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