UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 21, 2016
Voya Global Equity Dividend and Premium Opportunity Fund
(Exact name of registrant as specified in its charter)
Commission File Number: 811-21553
| Delaware | 20-2326466 | |
| (State or other jurisdiction of | (IRS Employer | |
| incorporation) | Identification No.) | |
7337 East Doubletree Ranch Road, Suite 100
Scottsdale, AZ 85258
(Address of principal executive offices, including zip code)
(800) 992-0180
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events
On March 21, 2016, Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) (the “Fund”), a closed-end fund, issued a press release in connection with the authorization by the Fund’s Board of Trustees of an open-market share repurchase program pursuant to which the Fund may purchase, over a one year period beginning in March 2016, up to 10% of its stock, in open-market transactions.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
The following Exhibit is filed as part of this Report.
| Exhibit No. | Description |
| 99.1 | Voya Global Equity Dividend and Premium Opportunity Fund Press Release dated March 21, 2016 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Voya Global Equity Dividend and Premium Opportunity Fund | ||||||||
| Date: March 21, 2016 | By: | /s/ Huey P. Falgout, Jr. | ||||||
| Huey P. Falgout, Jr. | ||||||||
| Secretary | ||||||||
Exhibit 99.1
Voya Closed End Funds Announce Share Repurchase Program
SCOTTSDALE, Ariz., March 21, 2016—The following closed-end funds (each a “Fund”) managed by Voya Investments, LLC (the “Adviser”) announced today an open-market share repurchase program:
| NYSE Ticker Symbol | Fund Name | |
| IAE | Voya Asia Pacific High Dividend Equity Income Fund | |
| IHD | Voya Emerging Markets High Dividend Equity Fund | |
| IGA | Voya Global Advantage and Premium Opportunity Fund | |
| IGD | Voya Global Equity Dividend and Premium Opportunity Fund | |
| IDE | Voya Infrastructure, Industrials and Materials Fund | |
| IID | Voya International High Dividend Equity Income Fund | |
| IRR | Voya Natural Resources Equity Income Fund |
Each Fund’s Board of Trustees has authorized an open-market share repurchase program pursuant to which each Fund may purchase, over a one year period beginning in March 2016, up to 10% of its stock, in open-market transactions.
The amount and timing of the repurchases will be at the discretion of the Funds’ management, subject to market conditions and investment considerations. There is no assurance that the Funds will purchase shares at any particular discount levels or in any particular amounts. Any repurchases made under this program would be made on a national securities exchange at the prevailing market price, subject to exchange requirements and volume, timing and other limitations under federal securities laws. The share repurchase program seeks to enhance shareholder value by purchasing shares trading at a discount from their net asset value (“NAV”) per share.
Certain statements made on behalf of the Funds in this release are forward-looking statements. The Funds actual future results may differ significantly from those anticipated in any forward-looking statements due to numerous factors, including but not limited to a decline in value in equity markets in general or the Funds' investments specifically. Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward looking statement.
About Voya Investment Management
A leading, active asset management firm, Voya Investment Management manages, as of December 31, 2015, more than $200 billion for affiliated and external institutions as well as individual investors. With 40 years of history in asset management, Voya Investment Management has the experience and resources to provide clients with investment solutions with an emphasis on equities, fixed income, and multi-asset strategies and solutions. For more information, visit voyainvestments.com. Follow Voya Investment Management on Twitter @VoyaInvestments.
SHAREHOLDER INQUIRIES: Shareholder Services at (800) 992-0180; voyainvestments.com
CONTACT: Kris Kagel, (212) 309-6568
IM0321-22976-0317