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    Voya Global Equity Dividend and Premium Opportunity Fund (IGD)

    Price:

    5.76 USD

    ( - -0.02 USD)

    Your position:

    0 USD

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    ABOUT
    Symbol
    IGD
    Name
    Voya Global Equity Dividend and Premium Opportunity Fund
    Industry
    Asset Management - Global
    Sector
    Financial Services
    Price
    5.760
    Market Cap
    454.283M
    Enterprise value
    440.661M
    Currency
    USD
    Ceo
    Stanley David Vyner
    Full Time Employees
    Ipo Date
    2005-03-29
    City
    Scottsdale
    Address
    7337 East Doubletree Ranch Road

    Check the

    KEY TAKEAWAYS

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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    Abrdn Global Dynamic Dividend Fund

    VALUE SCORE:

    9

    Symbol
    AGD
    Market Cap
    282.219M
    Industry
    Asset Management - Global
    Sector
    Financial Services

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    Barings Global Short Duration High Yield Fund

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    Symbol
    BGH
    Market Cap
    301.366M
    Industry
    Asset Management - Global
    Sector
    Financial Services

    The best

    Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

    VALUE SCORE:

    9

    Symbol
    ETW
    Market Cap
    997.471M
    Industry
    Asset Management - Global
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    8.249
    P/S
    5.594
    P/B
    0.926
    Debt/Equity
    0
    EV/FCF
    0
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    5.584
    Earnings yield
    0.121
    Debt/assets
    0
    FUNDAMENTALS
    Net debt/ebidta
    -0.015
    Interest coverage
    0
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    0.112
    Debt to market cap
    0
    Piotroski Score
    5.000
    FUNDAMENTALS
    PEG
    -0.462
    P/CF
    0
    P/FCF
    0
    RoA %
    11.157
    RoIC %
    18.158
    Gross Profit Margin %
    72.948
    Quick Ratio
    79.479
    Current Ratio
    79.479
    Net Profit Margin %
    67.819
    Net-Net
    0.004
    FUNDAMENTALS PER SHARE
    FCF per share
    0
    Revenue per share
    1.030
    Net income per share
    0.698
    Operating cash flow per share
    0
    Free cash flow per share
    0
    Cash per share
    0.010
    Book value per share
    6.220
    Tangible book value per share
    6.220
    Shareholders equity per share
    6.220
    Interest debt per share
    0
    TECHNICAL
    52 weeks high
    6.040
    52 weeks low
    5.010
    Current trading session High
    5.809
    Current trading session Low
    5.750
    DIVIDEND
    Dividend yield
    10.4%
    Payout ratio
    0.00%
    Years of div. Increase
    2.000
    Years of div.
    21.000
    Q-shift
    Dividend per share
    0.600
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.11210841%
    Payout Ratio
    153.59861999999998%
    P/E
    9.863
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.08402327%
    Payout Ratio
    0%
    P/E
    10.326
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Global
    Dividend yield
    0.07208319%
    Payout Ratio
    357.20098%
    P/E
    39.643
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Global
    Dividend yield
    0.10408922%
    Payout Ratio
    91.81646%
    P/E
    8.826
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.08987265%
    Payout Ratio
    103.13475000000001%
    P/E
    12.035
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Global
    Dividend yield
    0.10456176%
    Payout Ratio
    0%
    P/E
    6.460
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.09026923%
    Payout Ratio
    100.68135000000001%
    P/E
    7.864
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.077291496%
    Payout Ratio
    40.99759%
    P/E
    13.845
    DESCRIPTION

    Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies having a market capitalization of $1 billion or more. The fund also invests through call options on selected indices, individual securities, and/or exchange traded funds. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index and the Chicago Board Options Exchange BuyWrite Monthly Index. It was formerly known as ING Global Equity Dividend and Premium Opportunity Fund. Voya Global Equity Dividend and Premium Opportunity Fund was formed on March 28, 2005 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/voya-equity-closed-end-funds-declare-distributions-20251117.jpg
    Voya Equity Closed End Funds Declare Distributions

    businesswire.com

    2025-11-17 17:00:00

    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.

    https://images.financialmodelingprep.com/news/voya-equity-closed-end-funds-declare-distributions-20251015.jpg
    Voya Equity Closed End Funds Declare Distributions

    businesswire.com

    2025-10-15 16:05:00

    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.

    https://images.financialmodelingprep.com/news/igd-trading-capital-appreciation-for-income-20251014.jpg
    IGD: Trading Capital Appreciation For Income

    seekingalpha.com

    2025-10-14 15:42:00

    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.

    https://images.financialmodelingprep.com/news/igds-portfolio-strategy-leads-to-underperformance-20251014.jpg
    IGD's Portfolio Strategy Leads To Underperformance

    seekingalpha.com

    2025-10-14 06:25:58

    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.

    https://images.financialmodelingprep.com/news/voya-equity-closed-end-funds-declare-distributions-20250815.jpg
    Voya Equity Closed End Funds Declare Distributions

    businesswire.com

    2025-08-15 16:20:00

    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.

    https://images.financialmodelingprep.com/news/igd-this-fund-can-add-diversity-to-a-portfolio-20250714.jpg
    IGD: This Fund Can Add Diversity To A Portfolio, But It Is Near A 3-Year High

    seekingalpha.com

    2025-07-14 03:11:13

    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.

    https://images.financialmodelingprep.com/news/voya-equity-closed-end-funds-declare-distributions-20250515.jpg
    Voya Equity Closed End Funds Declare Distributions

    businesswire.com

    2025-05-15 16:30:00

    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.

    https://images.financialmodelingprep.com/news/voya-equity-closed-end-funds-declare-distributions-20250415.jpg
    Voya Equity Closed End Funds Declare Distributions

    businesswire.com

    2025-04-15 16:30:00

    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.

    https://images.financialmodelingprep.com/news/igd-capital-erosion-and-shrinking-dividend-payouts-20250411.jpg
    IGD: Capital Erosion And Shrinking Dividend Payouts

    seekingalpha.com

    2025-04-11 12:45:00

    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.

    https://images.financialmodelingprep.com/news/voya-equity-closed-end-funds-declare-distributions-20250115.jpg
    Voya Equity Closed End Funds Declare Distributions

    businesswire.com

    2025-01-15 16:30:00

    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.

    https://images.financialmodelingprep.com/news/voya-equity-closed-end-funds-declare-distributions-20241216.jpg
    Voya Equity Closed End Funds Declare Distributions

    businesswire.com

    2024-12-16 19:03:00

    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.

    https://images.financialmodelingprep.com/news/igd-continues-to-show-improvements-now-covering-distribution-20241210.jpg
    IGD Continues To Show Improvements, Now Covering Distribution

    seekingalpha.com

    2024-12-10 04:57:01

    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.

    https://images.financialmodelingprep.com/news/voya-equity-closed-end-funds-declare-distributions-20241115.jpg
    Voya Equity Closed End Funds Declare Distributions

    businesswire.com

    2024-11-15 20:45:00

    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.

    https://images.financialmodelingprep.com/news/igd-a-narrowing-discount-brought-to-you-by-a-higher-20240903.jpg
    IGD: A Narrowing Discount Brought To You By A Higher Distribution

    seekingalpha.com

    2024-09-03 17:54:39

    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.

    https://images.financialmodelingprep.com/news/need-15000-passive-income-buy-these-dividend-stocks-20240831.jpg
    Need $15,000 Passive Income? Buy These Dividend Stocks

    247wallst.com

    2024-08-31 11:01:02

    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.

    https://images.financialmodelingprep.com/news/igd-improved-finances-but-share-price-has-gotten-substantially-20240812.jpg
    IGD: Improved Finances, But Share Price Has Gotten Substantially More Expensive

    seekingalpha.com

    2024-08-12 11:44:48

    Voya Global Equity Dividend and Premium Opportunity Fund offers a high current income with a 10.91% yield, appealing to income-focused investors. The fund has been significantly outperforming the S&P 500 Index over the past few months. The fund is writing naked call options against various indices, which may have worked against it given the Nikkei volatility.