AI brief of an SEC Form 8-K · Voya Infrastructure, Industrials & Materials Fund (IDE)

Voya Infrastructure Fund Board authorizes buyback of up to 10% of its stock

Neutral Impact 3 of 5 shareholder Written later

The Fund's Board of Trustees authorized an open-market share repurchase program allowing the Fund to buy back up to 10% of its stock over one year beginning March 2016. The program is aimed at buying shares trading at a discount to net asset value, and the amount and timing of repurchases are at management's discretion.

Key points

  • Repurchase program covers up to 10% of the Fund's stock over one year beginning in March 2016
  • Purchases to be made in open-market transactions on a national securities exchange at prevailing market prices
  • Program seeks to enhance shareholder value by buying shares trading at a discount from net asset value; no assurance of purchases at any particular discount levels or amounts
  • Six other Voya closed-end funds announced similar programs on the same day

The filing

CompanyVoya Infrastructure, Industrials & Materials Fund (IDE)
Form8-K, current report
Filed with the SECMar 21, 2016, 4:24 PM ET
Accession number0001571049-16-013240

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 21, 2016.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.