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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 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 up to 10% of its stock over one year beginning in March 2016. The filing says repurchases will depend on management discretion and market conditions, and the program aims to buy shares trading at a discount to net asset value.

Key points

  • Program allows purchases of up to 10% of the fund's stock over a one-year period beginning March 2016
  • Repurchases will be made in open-market transactions on a national securities exchange at prevailing market prices
  • Filing states there is no assurance shares will be bought at any particular discount levels or in any particular amounts
  • Six other Voya closed-end funds announced similar programs the same day

The filing

CompanyVoya Global Advantage & Premium Opportunity Fund (IGA)
Form8-K, current report
Filed with the SECMar 21, 2016, 4:26 PM ET
Accession number0001571049-16-013241

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 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.