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1D
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6M
YTD
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ALL
AUM
$470927594
P/E ratio
19.9
Dividend yield
9.5847%
Expense ratio
0.97%
Beta
0.501901
Previous close
$5.95
Today's open
$5.96
Day's range
$5.92 - $5.96
52 week range
$5.01 - $6.04
Industries
Financial
GOOGL
Alphabet Inc. Class A
3.29%
1.96%
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.
Business Wire • Feb 17, 2026

IGD: Middling Performance, But Could Be A Hedge Against A Richly Valued Market
The Voya Global Equity Dividend and Premium Opportunity Fund offers a 10.43% yield via an equity portfolio with a covered call strategy. 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.
Seeking Alpha • Jan 15, 2026

IGD's Portfolio Strategy Leads To Underperformance
Voya Global Equity Dividend and Premium Opportunity Fund offers a high 10.5% yield but faces sustainability concerns and long-term NAV erosion risks. IGD's strategy combines global dividend equities with call option writing, capping upside and prioritizing income over capital appreciation. Despite recent market gains, IGD trades at a smaller-than-average discount to NAV, making current entry less attractive for value-seeking investors.
Seeking Alpha • Oct 14, 2025

IGD: Trading Capital Appreciation For Income
Voya Global Equity Dividend and Premium Opportunity Fund offers a 10.49% yield, providing high current income and global equity exposure. IGD underperforms major equity indices in price appreciation, but its high yield offsets declines when distributions are reinvested. The fund's diversified holdings and covered call strategy generate income but limit upside potential during bull markets.
Seeking Alpha • Oct 14, 2025

IGD: This Fund Can Add Diversity To A Portfolio, But It Is Near A 3-Year High
IGD offers a high 10.4% yield, outperforming most equity funds and indices, making it attractive for income-focused investors seeking equity exposure. The fund's underweight technology sector and focus on value/dividend stocks provide diversification benefits, especially for those already heavy in tech. While IGD trades at a discount to NAV and peers, it's near its three-year high, suggesting investors should wait for a wider discount before buying.
Seeking Alpha • Jul 14, 2025

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
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc., 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 Monday, May 19, 2025, from 4:00 p.m. – 4:30 p.m. ET. The webinar will feature Portfolio Managers Justin Montminy and Susanna Jacob. Montminy is a P.
Business Wire • May 8, 2025

IGD: Capital Erosion And Shrinking Dividend Payouts
IGD's high dividend yield of 11.7% is attractive but unsustainable, leading to capital erosion and declining NAV over time. The fund's option overlay strategy caps growth potential and has resulted in a 74.4% share price decline since inception. Despite resilience in downturns, IGD's long-term performance and shrinking dividends make it a sell.
Seeking Alpha • Apr 11, 2025

IGD Continues To Show Improvements, Now Covering Distribution
The Voya Global Equity Dividend and Premium Opportunity Fund offers a high 10.70% yield, higher than most of its peers. The fund underperformed major indices over the past few months, delivering a 6.12% total return versus higher returns from indices. The fund's strategy targets high-income yields from global dividend-paying stocks, but it remains heavily weighted towards U.S. equities, limiting international diversification.
Seeking Alpha • Dec 10, 2024

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.
Seeking Alpha • Sep 3, 2024

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.
24/7 Wall Street • Aug 31, 2024

¹ Disclosures

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