-

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 Expiration and Preliminary Results of Tender Offer

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--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 expiration and preliminary results of each Fund’s tender offer. The tender offers commenced on April 19, 2021 and expired at 5:00 p.m. Eastern Time on May 24, 2021. The preliminary results for each tender offer are provided in the table below.

Fund

% of Outstanding Common
Shares Subject to Tender
Offer

Number of Outstanding Common
Shares Subject to Tender Offer

Number of Common Shares
Properly Tendered and Not
Withdrawn

IGA

10%

1,819,925

4,944,597

IGD

15%

14,246,530

29,960,618

IDE

15%

2,779,098

2,018,902

Because the tender offers for IGA and IGD were oversubscribed, the relative number of Shares that will be purchased from each shareholder will be prorated based on the number of Shares properly tendered (disregarding fractions).

The purchase price of the properly tendered and accepted Shares for all three tender offers will be 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. The Funds expect to announce the final results of the tender offers on or about May 26, 2021.

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 Contact – Kris Kagel: 1-212-309-6568

Voya Financial, Inc.

NYSE:VOYA

Release Versions

Contacts

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

Media Contact – Kris Kagel: 1-212-309-6568

More News From Voya Financial, Inc.

Christine Cappabianca joins Voya Investment Management as head of Systematic Equities

NEW YORK--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that Christine Cappabianca has joined the firm as head of Systematic Equities reporting to James Lydotes, chief investment officer, Equities. She will split her time between New York and Boston. In this role, Cappabianca will oversee Voya IM’s $24 billion suite of active and passive systematic equity strategies and will be responsible for the firm’...

Voya Investment Management Closed-End Funds Announce Proposed Mergers

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA) announced today that it has recommended, and the Boards of Trustees of the Voya Asia Pacific High Dividend Equity Income Fund (TICKER: IAE) and the Voya Emerging Markets High Dividend Equity Fund (TICKER: IHD) have each approved, a merger of their respective fund into the Voya Multi-Manager Emerging Markets Equity Fund (TICKER: IEMLX), an open-end fund. Voya Investm...

Voya Investment Management launches new multi-manager alternative CITs

NEW YORK--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA) today announced the launch of its new multi manager series of collective investment trusts (“CITs”) designed for defined contribution (“DC”) retirement plans. V-ALT Multi-Manager Alternative Fixed Income and V-ALT Multi-Manager Alternative Equity will initially be available through advisor managed accounts on Voya’s Retirement platform. Global Trust Company (GTC) i...
Back to Newsroom