Overview
Description
The Voya Global Equity Dividend and Premium Opportunity Fund is a closed-end investment fund designed to generate a high level of income alongside potential for capital appreciation. The fund primarily achieves its income objectives by investing in a diverse portfolio of global equity securities, with a strong emphasis on companies that pay dividends. A key feature of this fund is its use of a call writing strategy, wherein the fund sells call options on its equity holdings. This strategy is aimed at enhancing the income generation aspect by capitalizing on option premiums, while also maintaining exposure to equity markets.
Focusing on a broad spectrum of industries worldwide, the fund has relevance for portfolios seeking consistent income through dividends, as well as those desiring global diversification. Managed by Voya Investments, LLC, the fund combines traditional dividend-driven investing with a modern options approach, distinguishing it in the realm of investment opportunities. The fund plays a significant role for investors looking to balance the search for higher income with exposure to global markets, while maintaining a strategic position amidst varied economic conditions.
About
CEO
Employees
0
Address
7337 East Doubletree Ranch Road
Suite 100
Scottsdale, 85258-2034, AZ
United States
Suite 100
Scottsdale, 85258-2034, AZ
United States
Phone
480-477-3000
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS