Voya Global Equity Dividend Fund (IGD) authorizes buyback of up to 10% of shares
The Fund's Board of Trustees authorized an open-market share repurchase program that runs for one year beginning in March 2016. The Fund may buy back up to 10% of its stock, and the filing says the program aims to buy shares trading at a discount to net asset value.
Key points
- Program covers up to 10% of the Fund's stock over one year beginning March 2016
- Repurchases are open-market transactions at the prevailing market price, at management's discretion and subject to market conditions
- The filing states there is no assurance the Fund will buy shares at any particular discount level or in any particular amount
- Six other Voya closed-end funds announced similar programs in a press release dated March 21, 2016
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 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.