- Voya Global Advantage and Premium Opportunity Fund (IGA) will distribute $0.085 per share, and Voya Infrastructure, Industrials and Materials Fund (IDE) will distribute $0.100 per share in April 2025.
- IGA's distribution is composed of net investment income (43.53%), short-term capital gains (32.94%), and long-term capital gains (23.53%).
- IDE's distribution includes net investment income (17%), long-term capital gains (40%), and return of capital (43%).
Voya Global Advantage and Premium Opportunity Fund (IGA) and Voya Infrastructure, Industrials and Materials Fund (IDE) have announced their monthly distributions for April 2025, both payable on April 15, 2025. IGA will distribute $0.085 per share, while IDE will provide a slightly higher distribution of $0.100 per share.
The composition of IGA's distribution is made up of 43.53% from net investment income, 32.94% from short-term capital gains, and 23.53% from long-term capital gains. This diversified distribution approach highlights the fund's strategy to maximize returns for its investors.
On the other hand, IDE's distribution relies more heavily on long-term capital gains and return of capital, with 17% coming from net investment income, 40% from long-term capital gains, and a significant 43% designated as return of capital. This indicates a strategic balance and a focus on returning a portion of capital to investors.
Performance metrics show that over a five-year period, IGA has achieved an average annual return of 13.44%, while IDE slightly surpassed this with a 13.52% average annual return. As of March 2025, IGA's current annualized distribution rate stands at 9.73% of NAV, and IDE boasts a slightly higher rate of 10.58% of NAV.
Investors are reminded that the distribution amounts and sources are estimates and not for tax reporting purposes. The funds will provide a Form 1099-DIV for the calendar year to guide shareholders on federal income tax reporting.
