VOYA ASIA PACIFIC HIGH DIVIDEND EQUITY INCOME FUND AND VOYA EMERGING MARKETS HIGH DIVIDEND EQUITY FUND ANNOUNCE TRADING SUSPENSION IN ADVANCE OF REORGANIZATIONS

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that shareholders of Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) (“IAE Fund”) and Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) (“IHD Fund,” and together with IAE Fund, the “Target Funds”) approved the reorganization of each Target Fund with and into Voya Multi-Manager Emerging Markets Equity Fund (“MM EME Fund” or the “Surviving Fund”) (each, a “Reorganization” and together, the “Reorganizations”) at a combined special meeting of shareholders held on September 28, 2026.

Subject to the satisfaction of the remaining closing conditions, the Reorganizations are expected to be completed after the close of business on October 16, 2026. The Reorganizations are not contingent upon one another.

To facilitate the Reorganizations, shares of the Target Funds will cease trading on the New York Stock Exchange as of market close on October 13, 2026.

In each Reorganization, each shareholder of the relevant Target Fund will receive Class W shares of MM EME Fund having an aggregate net asset value equal to the aggregate net asset value of the shares of the Target Fund held by that shareholder as of the close of business on the closing date of the Reorganization.

The final exchange ratios will be announced in a subsequent press release following completion of the Reorganizations.

This press release is not intended to, and does not, constitute an offer to purchase or sell shares of IAE Fund, IHD Fund or MM EME Fund (collectively, the “Funds”). Additional information regarding the Reorganizations is contained in the definitive Proxy Statement/Prospectus filed with the U.S. Securities and Exchange Commission.

About Voya Investment Management

Voya Investment Management manages approximately $353 billion as of March 31, 2026, in assets across public and private fixed income, equities, multi-asset solutions and alternative strategies for institutions, financial intermediaries and individual investors. Drawing on a 50-year legacy of active investing and the expertise of 300+ investment professionals, Voya Investment Management has cultivated a culture grounded in a commitment to understanding and anticipating clients’ needs, producing strong investment performance, and embedding inclusion in its business.