ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Voya Global Advantage and Premium Opportunity Fund, Voya Global Equity Dividend and Premium Opportunity Fund and Voya Infrastructure, Industrials and Materials Fund Each Announce the Final Results of Tender Offer

Each of Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) (“IGA”), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) (“IGD”), and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (“IDE”) (each a “Fund” and, collectively, the “Funds”), today announced the final results of each Fund’s tender offer. The tender offers by IGD and IDE were each for up to 15% of the outstanding common shares (the “Shares”), and the tender offer by IGA was for up to 10% of the Fund’s Shares.

The tender offers expired at 5:00 p.m. Eastern Time on May 24, 2021.

Therefore, in accordance with the terms and conditions of each tender offer, the Funds will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions, based on the number of Shares properly tendered (“Pro-Ration Factor”). The final results of the tender offers are provided in the table below.

Fund

Number of Shares

Tendered

Number of Tendered

Shares to be Purchased

Pro-Ration Factor

Purchase Price Per

Share*

IGA

4,944,596

1,819,925

0.3680918

$10.33

IGD

29,960,618

14,246,530

0.4755531

$6.29

IDE

2,018,902

2,018,902

-

$12.92

* Equal to 98% of the respective Fund’s net asset value per Share as determined as of the close of the regular trading session of the New York Stock Exchange on May 25, 2021 (the business day after the tender offers expired).

Questions regarding each of the tender offers may be directed to Georgeson LLC, the Information Agent for the tender offers, toll free at the numbers listed in the table below.

Fund

Toll Free Phone Number

IGA

866-628-6123

IGD

866-828-4305

IDE

866-297-1264

Important Notice

This press release is for informational purposes only and shall not constitute a recommendation, an offer to purchase or a solicitation of an offer to sell any Shares of the Funds. The offer to purchase Shares was made only pursuant to tender offer statements on Schedule TO and related exhibits. Common shareholders may obtain a free copy of the offer to purchase and other documents filed with the SEC at the website maintained by the SEC at www.sec.gov or by directing such requests to the Fund.

About Voya® Investment Management

A leading, active asset management firm, Voya Investment Management manages, as of March 31, 2021, more than $248 billion for affiliated and external institutions, financial intermediaries and individual investors. With over 40 years of history in asset management, Voya Investment Management has the experience and resources to provide clients with investment solutions with an emphasis on equities, fixed income, and multi-asset strategies and solutions. Voya Investment Management was named in 2015, 2016, 2017, 2018, 2019 and 2020 as a “Best Places to Work” by Pensions and Investments magazine. For more information, visit voyainvestments.com. Follow Voya Investment Management on Twitter @VoyaInvestments.

Contacts

SHAREHOLDER INQUIRIES: Shareholder Services at (800) 992-0180; voyainvestments.com

Media – Kris Kagel: 1-212-309-6568

Recent Quotes

View More
Symbol Price Change (%)
AMZN  230.56
+0.89 (0.39%)
AAPL  278.94
+1.97 (0.71%)
AMD  213.40
+7.27 (3.53%)
BAC  53.07
+0.59 (1.13%)
GOOG  318.81
-4.83 (-1.49%)
META  636.10
-0.12 (-0.02%)
MSFT  486.64
+9.65 (2.02%)
NVDA  181.21
+3.39 (1.90%)
ORCL  205.81
+8.78 (4.46%)
TSLA  421.08
+1.68 (0.40%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.