AI brief of an SEC Form 8-K · Voya Global Advantage & Premium Opportunity Fund (IGA)

Voya Global Advantage Fund (IGA) Authorizes Buyback of Up to 10% of Shares Through 2009

Neutral Impact 4 of 5 shareholder Written later

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

CompanyVoya Global Advantage & Premium Opportunity Fund (IGA)
Form8-K, current report
Filed with the SECDec 5, 2008, 2:01 PM ET
Accession number0001104659-08-074971

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

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.