Voya Global Advantage and Premium Opportunity Fund (IGA) to Issue Monthly Dividend of $0.09 on April 15th

Voya Global Advantage and Premium Opportunity Fund (NYSEARCA:IGA) declared a monthly dividend on Monday, March 16th. Shareholders of record on Wednesday, April 1st will be given a dividend of 0.085 per share on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Wednesday, April 1st.

Voya Global Advantage and Premium Opportunity Fund Stock Performance

Shares of NYSEARCA:IGA opened at $9.30 on Monday. The stock has a fifty day moving average of $9.81 and a 200-day moving average of $9.79. Voya Global Advantage and Premium Opportunity Fund has a one year low of $8.43 and a one year high of $10.12.

Hedge Funds Weigh In On Voya Global Advantage and Premium Opportunity Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wolverine Asset Management LLC acquired a new stake in Voya Global Advantage and Premium Opportunity Fund during the 3rd quarter worth about $26,000. Advisory Services Network LLC acquired a new stake in shares of Voya Global Advantage and Premium Opportunity Fund during the third quarter valued at approximately $34,000. Camelot Portfolios LLC purchased a new stake in shares of Voya Global Advantage and Premium Opportunity Fund in the 4th quarter valued at approximately $47,000. Prevail Innovative Wealth Advisors LLC acquired a new position in Voya Global Advantage and Premium Opportunity Fund in the 3rd quarter worth approximately $134,000. Finally, Bank of America Corp DE grew its position in Voya Global Advantage and Premium Opportunity Fund by 479.4% during the 3rd quarter. Bank of America Corp DE now owns 13,783 shares of the company’s stock worth $137,000 after purchasing an additional 11,404 shares in the last quarter.

About Voya Global Advantage and Premium Opportunity Fund

Voya Global Advantage 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, Voya Investment Management Co 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 value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.