SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that the reorganization of the 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 “Funds”) into Voya Multi-Manager Emerging Markets Equity Fund (“MM EME Fund” or the “Surviving Fund”) (each, a “Reorganization” and together, the “Reorganizations”) was effective as of the close of business on the New York Stock Exchange (“NYSE”) on Friday, October 16, 2026 (the “Closing Date”).
In each Reorganization, each shareholder of the relevant Fund received 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 Fund held by that shareholder as of the close of business on the Closing Date.
Relevant details pertaining to the Reorganizations include the following:
Fund |
Ticker |
NAV/Share ($) |
Share Conversion Ratio |
Voya Asia Pacific High Dividend Equity Income Fund |
IAE |
$6.9600 |
0.4471 |
Voya Emerging Markets High Dividend Equity Fund |
IHD |
$7.3623 |
0.4731 |
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.
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.