Voya Global Advantage and Premium Opportunity Fund declares $0.085 dividend
Seeking Alpha News (Wed, 15-Apr 4:23 PM ET)
Business Wire (Wed, 15-Apr 4:10 PM ET)
Voya Equity Closed End Funds Declare Distributions
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The primary objective of the Fund is to provide a high level of income, with a secondary objective of capital appreciation. The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets in a diversified global equity portfolio and employing an option strategy of writing index call options on a portion of its equity portfolio. The Fund also hedges most of its foreign currency exposure to seek to reduce volatility of total returns.
Voya Global Advantage & Premium Opportunity trades on the NYSE stock market under the symbol IGA.
As of April 15, 2026, IGA stock price declined to $9.69 with 43,621 million shares trading.
IGA has a beta of 0.41, meaning it tends to be less sensitive to market movements. IGA has a correlation of 0.36 to the broad based SPY ETF.
IGA has a market cap of $148.66 million. This is considered a Micro Cap stock.
In the last 3 years, IGA traded as high as $10.12 and as low as $7.77.
IGA has underperformed the market in the last year with a price return of +13.9% while the SPY ETF gained +31.6%. However, in the short term, IGA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +1.4% vs +1.4% return in SPY. But in the last 2 weeks, IGA shares have been beat by the market, returning +1.8% compared to an SPY return of +6.8%.
IGA support price is $9.59 and resistance is $9.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IGA shares will trade within this expected range on the day.