Voya Asia Pacific High Dividend Equity Income Fund (IAE)
The Voya Asia Pacific High Dividend Equity Income Fund operates as a closed-end investment product, primarily focused on equities. It is jointly managed by Voya Investment Management LLC, Voya Investments, LLC, and NNIP Advisors B.V. The fund's objective is to allocate capital to publicly traded companies across the Asia Pacific region, with a significant emphasis on high-dividend-paying stocks from diverse industry sectors. It also strategically invests in derivatives, such as call options on indices or individual equities, when these instruments offer comparable economic exposure to equity securities. The investment approach blends comprehensive fundamental analysis with quantitative methods, utilizing a bottom-up stock-picking strategy that evaluates factors like liquidity, dividend yield, cash flow strength, capital structure, capital expenditures, and operating margins. The fund's performance is measured against the MSCI All Country Asia Pacific ex-Japan Index. Established in the United States on January 8, 2007, it was previously known as the ING Asia Pacific High Dividend Equity Income Fund.
Industry: Asset Management - Income
Voya Asia Pacific High Dividend Equity Income Fund
NYSE:IAEFinancial Services · Asset Management - Income
Mkt Cap$97.18M
Float10.73M
O/S10.75M
Inst Own46.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$6.99M
Net Income$27.72M
Total Assets$95.34M
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$94.52M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IAE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$95.34M
Liabilities$816K
Accounts Receivable$338K
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-28 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 | 2018-02-28 |
| Revenue | $6.99M | $8.07M | -$1.97M | $791K | -$2.42M | $24.55M | -$8.68M | -$5.58M | $16.72M |
| YoY Growth | -13.5% | -509.0% | -349.7% | -132.7% | -109.8% | -383.0% | 55.6% | -133.4% | - |
| Cost of Revenue | $845K | $747K | $778K | $957K | $1.29M | $1.22M | $1.4M | $1.64M | $0 |
| Gross Profit | $6.14M | $8.07M | -$2.75M | -$9.71M | -$3.71M | $23.33M | -$10.07M | -$7.22M | $16.72M |
| Gross Margin | 87.9% | 100.0% | 139.4% | -1228.4% | 153.4% | 95.0% | 116.1% | 129.4% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $323K | $329K | $254K | $249K | $216K | $249K | $264K | $260K |
| Other | -$21.61M | -$202K | -$209K | -$119K | -$29K | $10K | $21K | $20K | $20K |
| Total Operating Expenses | -$21.61M | $121K | $120K | $136K | $220K | $226K | $270K | $284K | $280K |
| Operating Income (EBIT) | $27.75M | $7.95M | $5.01M | -$9.78M | -$2.58M | $24.32M | -$8.94M | -$5.86M | $16.44M |
| Operating Margin | 397.1% | 98.5% | -253.6% | -1237.2% | 106.7% | 99.1% | 103.1% | 105.1% | 98.3% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $0 | $0 |
| Interest Income | $2.25M | $8K | $10K | $5K | $5K | $372 | $1K | $0 | $0 |
| Other Income (Expense) | -$28K | -$33K | -$32K | -$66K | -$58K | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $27.72M | $7.95M | $4.97M | -$9.85M | -$2.64M | $24.32M | -$8.95M | -$5.86M | $16.44M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$53K |
| Net Income | $27.72M | $7.95M | $4.97M | -$9.85M | -$2.64M | $24.32M | -$8.95M | -$5.86M | $16.44M |
| Net Income Margin | 396.7% | 98.5% | -252.0% | -1245.6% | 109.1% | 99.1% | 103.1% | 105.1% | 98.3% |
| Supplementary Data | |||||||||
| EPS | 2.58 | 0.74 | 0.45 | -0.87 | -0.22 | 2.04 | -0.75 | -0.50 | 1.40 |
| Diluted EPS | 2.58 | 0.74 | 0.45 | -0.87 | -0.22 | 2.04 | -0.75 | -0.50 | 1.40 |
| Weighted Average OS | 10.75M | 10.75M | 11.02M | 11.38M | 11.90M | 11.90M | 11.90M | 11.72M | 11.74M |
| EBITDA | $27.72M | $7.95M | $5.01M | -$9.55M | -$2.34M | $24.32M | -$8.94M | -$5.86M | $0 |
| EBITDA Margin | 396.7% | 98.5% | -253.6% | -1208.3% | 96.9% | 99.1% | 103.1% | 105.1% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-28 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 | 2018-02-28 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $433K | $55K | $185K | $168K | $193K | $300K | $321K | $59K | $0 |
| Short-Term Investments | $1.03M | $0 | $461K | $0 | $0 | $0 | $0 | $1.53M | $0 |
| Cash and Short-Term Investments | $1.46M | $55K | $646K | $168K | $193K | $300K | $321K | $1.59M | $0 |
| Accounts Receivable | $338K | $968K | $319K | $396K | $491K | $355K | $454K | $510K | $2.63M |
| Inventory | $0 | $0 | $0 | $1.95M | $2.86M | $1.64M | $1.24M | $0 | $0 |
| Other Current Assets | $0 | $0 | -$460K | -$1.95M | -$2.86M | -$1.64M | -$1.24M | -$2.1M | $0 |
| Total Current Assets | $1.8M | $1.02M | $505K | $564K | $684K | $655K | $775K | $510K | $2.63M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $93.52M | $74.6M | $77.36M | $82.64M | $105.64M | $118.24M | $103.38M | $122.8M | $138.11M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $25K | $75.4M | $957K | $83.04M | $106.11M | $0 | $0 | -$122.8M | -$138.11M |
| Total Long-Term Assets | $93.54M | $75.4M | $78.32M | $82.64M | $105.64M | $118.24M | $103.38M | $122.8M | $138.11M |
| Other Assets | $0 | $0 | $0 | $5K | $6K | $6K | $417K | $877K | $1.53M |
| Total Assets | $95.34M | $76.43M | $78.82M | $83.21M | $106.33M | $118.9M | $104.57M | $124.18M | $142.27M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $0 | $24K | $32K | $400K | $0 | $14K | $24K | $108K | $1.51M |
| Short-Term Debt | $0 | $59K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $312K | $545K | $401K | $419K | $237K | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$59K | -$615K | $0 | -$111K | $0 | -$98K | -$115K | -$1.64M |
| Total Current Liabilities | $334K | $24K | $32K | $400K | $400K | $14K | $24K | $108K | $1.51M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $816K | $670K | $981K | $654K | $0 | $534K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $816K | $670K | $981K | $654K | $849K | $534K | $305K | $978K | $0 |
| Other Liabilities | $0 | $0 | $0 | $254K | -$400K | -$548K | -$24K | -$108K | $3.45M |
| Total Liabilities | $816K | $694K | $1.01M | $1.05M | $849K | $14K | $305K | $978K | $3.45M |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $80.13M | $87.68M | $95.61M | $101.8M | $112.73M | $120.85M | $129.48M | $136.21M | $143.84M |
| Retained Earnings | $14.39M | -$11.95M | -$17.81M | -$19.65M | -$7.25M | -$2.49M | -$25.22M | -$13.01M | -$169K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.85M |
| Total Equity | $94.52M | $75.73M | $77.81M | $82.15M | $105.48M | $118.35M | $104.26M | $123.2M | $138.82M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $95.34M | $76.43M | $78.82M | $83.21M | $106.33M | $118.37M | $104.57M | $124.18M | $142.27M |
| Supplementary Data | |||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$433K | -$55K | -$185K | -$168K | -$193K | -$300K | -$321K | -$59K | $0 |
Cash Flow Statement
| Period | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 |
| Operating Activities | |||||
| Net Income | -$9.85M | -$2.64M | $24.32M | -$8.95M | -$5.86M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $9.85M | $2.64M | -$24.32M | $8.95M | $5.86M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | |||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||
| Debt Repaid | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$57K | -$170K | -$15K | $350K | $0 |
| Supplementary Data | |||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $225K | $395K | $409K | $59K | $0 |
| Cash at End | $168K | $225K | $395K | $409K | $0 |