Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced that the funds’ Board of Trustees has approved a change to the distribution frequency of four funds from quarterly to monthly. Starting with the payment made in May 2024, the following funds will distribute cash to shareholders on a monthly basis:

• Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA),
• Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE),
• Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE),
• Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD).

The funds have a long history of making consistent periodic payments to shareholders and Voya Investment Management believes the change to monthly will enable investors to better manage their cashflow needs.

Investors should not make any conclusions about the funds’ investment performance from the amount of the funds’ distributions or the funds’ distribution policy. With each distribution that does not consist solely of net investment income, each fund will issue a notice to shareholders and an accompanying press release that will provide detailed information regarding the amount and estimated composition of the distribution and other related information.

A subsequent press release will announce the amounts for each fund for the May distribution.

Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate, and shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in a Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses.

Certain statements made on behalf of the Funds in this release are forward-looking statements. The Funds actual future results may differ significantly from those anticipated in any forward-looking statements due to numerous factors, including but not limited to a decline in value in equity markets in general or the Funds' investments specifically. Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

This information should not be used as a basis for legal and/or tax advice. In any specific case, the parties involved should seek the guidance and advice of their own legal and tax counsel.

About Voya® Investment Management

Voya Investment Management manages approximately $322 billion as of December 31, 2023 in assets across public and private fixed income, equities, multi-asset solutions and alternative strategies for institutions, financial intermediaries and individual investors, drawing on a 50-year legacy of active investing and the expertise of 300+ investment professionals. Voya IM has cultivated a culture grounded in a commitment to understanding and anticipating clients’ needs, producing strong investment performance, and embedding diversity, equity and inclusion in its business.

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