Voya Global Advantage and Premium Opportunity Fund (IGA)

• Market cap: $142M
• 1 day: 0.00%
• 5 days: 0.76%
• 1 month: -3.34%
• 3 months: -2.32%
• 6 months: 5.23%
• Year to date: 0.54%
• 1 year: 8.44%
• 5 years: -12.90%
• 10 years: -20.12%

About: Voya Global Advantage and Premium Opportunity Fund is a United States-based diversified, closed-end management investment company. The fund has two investment objectives. Its primary objective is to provide a high level of income, while the secondary objective is to seek capital appreciation. To achieve these objectives, the fund invests at least 80% of its managed assets in a portfolio of common stocks from various countries around the world, including the United States. Additionally, it uses an integrated derivatives strategy.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

8% more funds holding

Funds holding: 38 [Q2] → 41 (+3) [Q3]

8.25% less ownership

Funds ownership: 29.96% [Q2] → 21.71% (-8.25%) [Q3]

22% less capital invested

Capital invested by funds: $48.3M [Q2] → $37.5M (-$10.7M) [Q3]

37% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 19