Voya Global Advantage Fund (IGA) Authorizes Buyback of Up to 10% of Shares Through 2009
The fund's Board of Trustees authorized an open-market share repurchase program allowing the fund to buy up to 10% of its stock through December 31, 2009. The fund said the program seeks to enhance shareholder value by buying shares trading at a discount to net asset value.
Key points
- Program covers purchases over the period ending December 31, 2009, up to 10% of outstanding stock
- Approximate repurchase capacity for IGA is 1,823,000 shares
- Amount and timing of repurchases are at management's discretion and subject to market conditions
- No assurance the fund will buy shares at any particular discount levels or in any particular amounts
The filing
Written by AI on Nov 9, 2026, 8:36 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 December 05, 2008.
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.