UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form N-CSR
CERTIFIED SHAREHOLDER REPORT OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-21786
Voya Global Advantage and Premium Opportunity Fund
(Exact name of registrant as specified in charter)
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ | 85258 |
(Address of principal executive offices) | (Zip code) |
The Corporation Trust Company, 1209 Orange Street, Wilmington, DE 19801
(Name and address of agent for service)
Registrant’s telephone number, including area code: 1-800-992-0180
Date of fiscal year end: February 28
Date of reporting period: March 1, 2019 to August 31, 2019
Item 1. Reports to Stockholders.
The following is a copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Act (17 CFR 270.30e-1):
Beginning on January 1, 2021, as permitted by regulations adopted by the U.S. Securities and Exchange Commission, paper copies of a Funds annual and semi-annual shareholder reports, like this semi-annual report, will no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Voya funds website (www.voyainvestments.com/literature), and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from a Fund electronically anytime by contacting your financial intermediary (such as a broker-dealer or bank) or, if you are a direct investor, by calling 1-800-992-0180 or by sending an e-mail request to Voyaim_literature@voya.com.
You may elect to receive all future reports in paper free of charge. If you received this document in the mail, please follow the instructions to elect to continue receiving paper copies of your shareholder reports. If you received this document through a financial intermediary, you can contact your financial intermediary to request that you continue to receive paper copies of your shareholder reports. If you invest directly with us, you can call 1-800-992-0180 or send an email request to Voyaim_literature@voya.com to let a Fund know you wish to continue receiving paper copies of your shareholder reports. Your election to receive reports in paper will apply to all funds held in your account if you invest through your financial intermediary or all funds held with the Voya funds complex if you invest directly with the funds. |
This report is submitted for general information to shareholders of the Voya mutual funds. It is not authorized for distribution to prospective shareholders unless accompanied or preceded by a prospectus which includes details regarding the funds investment objectives, risks, charges, expenses and other information. This information should be read carefully. |
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Index | Description | ||
---|---|---|---|
Bloomberg
Barclays U.S. Aggregate Bond Index |
An
index of publicly issued investment grade U.S. government, mortgage-backed, asset-backed
and corporate debt securities. |
||
EuroStoxx
50 Index |
Covers
50 stocks from 12 euro zone countries: Austria, Belgium, Finland, France, Germany, Greece,
Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. |
||
FTSE
100 Index |
A
share index of the 100 most highly capitalized U.K. companies listed on the London Stock
Exchange. |
||
MSCI
Europe ex UK® Index |
A
free float-adjusted market capitalization index that is designed to measure developed
market equity performance in Europe, excluding the UK. |
||
MSCI
Japan® Index |
A
free float-adjusted market capitalization index that is designed to measure developed
market equity performance in Japan. |
||
MSCI
UK® Index |
A
free float-adjusted market capitalization index that is designed to measure developed
market equity performance in the UK. |
||
MSCI
World IndexSM |
An
index that measures the performance of over 1,600 securities listed on exchanges in the
U.S., Europe, Canada, Australia, New Zealand and the Far East. |
||
Nikkei
225 Index |
A
price weighted index and made up of the top 225 industry leading companies which investors
trade on the Tokyo Stock Exchange. |
||
S&P
500® Index |
An
index that measures the performance of securities of approximately 500 large-capitalization
companies whose securities are traded on major U.S. stock markets. |
VOYA GLOBAL
ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of August 31, 2019 (as a percentage of net assets) | ||||||
United
States |
59.6 | % | ||||
Japan |
7.7 | % | ||||
United
Kingdom |
4.7 | % | ||||
Canada |
4.6 | % | ||||
Netherlands |
3.3 | % | ||||
Australia |
3.1 | % | ||||
Switzerland |
2.5 | % | ||||
France |
1.8 | % | ||||
Spain |
1.5 | % | ||||
Germany |
1.5 | % | ||||
Countries
between 0.1%-1.3%ˆ |
6.7 | % | ||||
Assets in
Excess of Other Liabilities |
3.0 | % | ||||
Net
Assets |
100.0 | % | ||||
ˆ Includes 11 countries, which each represents 0.1%-1.3% of net assets.
| ||||||
Portfolio holdings are subject to change daily.
| ||||||
| investing at least 80% of its managed assets in a portfolio of common stocks of companies located in a number of different countries throughout the world, including the United States; and |
| utilizing an integrated derivatives strategy. |
Top Ten Holdings as of August 31, 2019 (as a percentage of net assets) | ||||||
Microsoft
Corp. |
2.3 | % | ||||
SPDR
S&P 500 ETF Trust |
1.5 | % | ||||
Johnson & Johnson |
1.3 | % | ||||
Merck & Co., Inc. |
1.1 | % | ||||
Procter & Gamble Co. |
1.1 | % | ||||
AT&T,
Inc. |
1.1 | % | ||||
Roche
Holding AG |
1.0 | % | ||||
PepsiCo,
Inc. |
1.0 | % | ||||
Cisco
Systems, Inc. |
1.0 | % | ||||
Royal
Dutch Shell PLC Class A |
1.0 | % | ||||
Portfolio holdings are subject to change daily.
|
PORTFOLIO MANAGERS REPORT | VOYA GLOBAL
ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
VOYA GLOBAL
ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
PORTFOLIO MANAGERS REPORT |
* | The Board of Trustees (the Board) of the Fund has approved changes
to the Funds sub-advisory relationship. The Board approved the reallocation of the Funds assets from NNIP Advisors
B.V. to Voya Investment Management Co. LLC (VIM), effective May 6, 2019, following the termination of NNIP Advisors
B.V.s sub-advisory agreement. In connection with these approvals, the investment strategies and portfolio managers
of the Fund were changed effective May 6, 2019. In conjunction with the strategy and sub-adviser changes, effective May 6, 2019, Paul Zemsky, Vincent Costa, Peg DiOrio, and Steve Wetter were added as portfolio managers of the Fund and Jeffrey Meys, Tjeerd van Cappelle and Willem van Dommelen were removed as portfolio managers of the Fund. |
|
For a period after May 6, 2019, until on or about May 20, 2019, VIM worked to transition the Funds portfolio in accordance with the investment strategy. | ||
(1) | Total returns shown include, if applicable, the effect of fee waivers and/or expense reimbursements by the investment adviser. Had all fees and expenses been considered, the total returns would have been lower. | |
(2) | The final tax composition of dividends and distributions will not be determined until after the Funds tax year-end. |
ASSETS: |
||||
Investments in
securities at fair value* |
$ | 203,033,555 | ||
Cash |
2,740,431 | |||
Cash pledged as
collateral for OTC derivatives (Note 2) |
400,000 | |||
Foreign
currencies at value** |
62,860 | |||
Receivables: |
||||
Investment
securities sold |
554,991 | |||
Dividends |
670,298 | |||
Foreign tax
reclaims |
195,680 | |||
Unrealized
appreciation on forward foreign currency contracts |
621,684 | |||
Prepaid
expenses |
80 | |||
Other
assets |
11,322 | |||
Total
assets |
208,290,901 | |||
LIABILITIES: |
||||
Payable for
investment securities purchased |
1,365,906 | |||
Unrealized
depreciation on forward foreign currency contracts |
319,646 | |||
Payable for
investment management fees |
146,529 | |||
Payable to
trustees under the deferred compensation plan (Note 6) |
11,322 | |||
Payable for
trustee fees |
1,041 | |||
Other accrued
expenses and liabilities |
100,241 | |||
Written options,
at fair valueˆ |
1,577,998 | |||
Total
liabilities |
3,522,683 | |||
NET
ASSETS |
$ | 204,768,218 | ||
NET ASSETS
WERE COMPRISED OF: |
||||
Paid-in
capital |
$ | 189,674,481 | ||
Total
distributable earnings |
15,093,737 | |||
NET
ASSETS |
$ | 204,768,218 | ||
*
Cost of investments in securities |
$ | 201,042,471 | ||
**
Cost of foreign currencies |
$ | 64,597 | ||
ˆ
Premiums received on written options |
$ | 1,574,807 | ||
Net
assets |
$ | 204,768,218 | ||
Shares
authorized |
unlimited | |||
Par
value |
$ | 0.010 | ||
Shares
outstanding |
18,304,966 | |||
Net asset
value |
$ | 11.19 |
INVESTMENT
INCOME: |
||||
Dividends, net
of foreign taxes withheld* |
$ | 4,201,935 | ||
Interest |
3,268 | |||
Total
investment income |
4,205,203 | |||
EXPENSES: |
||||
Investment
management fees |
889,671 | |||
Transfer agent
fees |
11,460 | |||
Shareholder
reporting expense |
27,600 | |||
Professional
fees |
28,520 | |||
Custody and
accounting expense |
65,557 | |||
Trustee
fees |
4,164 | |||
Miscellaneous
expense |
6,487 | |||
Total
expenses |
1,033,459 | |||
Net investment
income |
3,171,744 | |||
REALIZED AND
UNREALIZED GAIN (LOSS): |
||||
Net realized
gain (loss) on: |
||||
Investments |
19,203,259 | |||
Forward
foreign currency contracts |
2,231,480 | |||
Foreign
currency related transactions |
(154,545 | ) | ||
Futures |
(1,075,380 | ) | ||
Written
options |
(2,285,231 | ) | ||
Net realized
gain |
17,919,583 | |||
Net change in
unrealized appreciation (depreciation) on: |
||||
Investments |
(19,361,217 | ) | ||
Forward
foreign currency contracts |
231,691 | |||
Foreign
currency related transactions |
(10,098 | ) | ||
Futures |
866,889 | |||
Written
options |
1,012,548 | |||
Net change in
unrealized appreciation (depreciation) |
(17,260,187 | ) | ||
Net realized and
unrealized gain |
659,396 | |||
Increase in
net assets resulting from operations |
$ | 3,831,140 | ||
* Foreign
taxes withheld |
$ | 211,122 |
Six Months Ended August 31, 2019 (Unaudited) |
Year Ended February 28, 2019 |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
FROM
OPERATIONS: |
||||||||||
Net investment
income |
$ | 3,171,744 | $ | 3,757,909 | ||||||
Net realized
gain |
17,919,583 | 13,227,581 | ||||||||
Net change in
unrealized appreciation (depreciation) |
(17,260,187 | ) | (13,261,173 | ) | ||||||
Increase in net
assets resulting from operations |
3,831,140 | 3,724,317 | ||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
||||||||||
Total
distributions (excluding return of capital): |
(8,237,235 | ) | (16,474,469 | ) | ||||||
Total
distributions |
(8,237,235 | ) | (16,474,469 | ) | ||||||
Net decrease in
net assets |
(4,406,095 | ) | (12,750,152 | ) | ||||||
NET
ASSETS: |
||||||||||
Beginning of
year or period |
209,174,313 | 221,924,465 | ||||||||
End of year or
period |
$ | 204,768,218 | $ | 209,174,313 |
Per Share Operating Performance | Ratios and Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net asset value, beginning of year or period | Net investment income gain (loss) | Net realized and unrealized gain (loss) | Total from investment operations | From net investment income | From net realized gains | From return of capital | Total distributions | Net asset value, end of year or period | Market value, end of year or period | Total investment return at net asset value(1) | Total investment return at market value(2) | Net assets, end of year or period (000s) | Gross expenses prior to expense waiver/ recoupment(3) | Net expenses after expense waiver/ recoupment(3),(4) | Net investment income (loos)(3),(4) | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Year or period ended | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%) | (%) | ($000s) | (%) | (%) | (%) | (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||
08-31-19+ |
11.43 | 0.17 | | 0.04 | 0.21 | 0.45 | | | 0.45 | 11.19 | 10.51 | 2.07 | 5.87 | 204,768 | 0.99 | 0.99 | 3.02 | 106 | |||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-19 |
12.12 | 0.21 | 0.00 | 0.21 | 0.41 | 0.49 | | 0.90 | 11.43 | 10.35 | 2.43 | 0.46 | 209,174 | 0.99 | 0.99 | 1.76 | 70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-18 |
11.62 | 0.19 | | 1.21 | 1.40 | 0.04 | 0.78 | 0.08 | 0.90 | 12.12 | 11.19 | 13.07 | 16.75 | 221,924 | 0.99 | 0.99 | 1.55 | 92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-17 |
10.71 | 0.18 | 1.80 | 1.98 | 0.42 | 0.16 | 0.49 | 1.07 | 11.62 | 10.39 | 20.77 | 21.11 | 213,271 | 1.00 | 1.00 | 1.59 | 98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
02-29-16 |
12.93 | 0.17 | (1.27 | ) | (1.10 | ) | 0.39 | 0.73 | | 1.12 | 10.71 | 9.55 | (8.48 | )(5) | (10.96 | ) | 196,576 | 1.00 | 1.00 | 1.36 | 117 | ||||||||||||||||||||||||||||||||||||||||||||||||
02-28-15 |
13.09 | 0.17 | 0.79 | 0.96 | 0.59 | | 0.53 | 1.12 | 12.93 | 11.85 | 8.72 | 9.52 | 237,394 | 0.95 | 0.97 | 1.32 | 17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-14 |
12.92 | 0.19 | 1.10 | 1.29 | 0.27 | | 0.85 | 1.12 | 13.09 | 11.91 | 10.94 | 3.14 | 240,301 | 0.99 | 1.00 | 1.43 | 11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-13 |
12.66 | 0.21 | 1.23 | 1.44 | 0.44 | 0.54 | 0.20 | 1.18 | 12.92 | 12.64 | 12.85 | 17.49 | 237,034 | 1.07 | 1.00 | 1.68 | 234 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
02-29-12 |
13.76 | 0.22 | | 0.00 | * | 0.22 | 1.32 | | | 1.32 | 12.66 | 11.90 | 2.43 | (3.44 | ) | 232,156 | 1.00 | 1.00 | 1.76 | 135 | |||||||||||||||||||||||||||||||||||||||||||||||||
02-28-11 |
13.37 | 0.20 | 1.57 | 1.77 | 1.38 | | | 1.38 | 13.76 | 13.72 | 14.05 | 6.32 | 251,545 | 0.98 | 0.99 | | 1.48 | | 164 | ||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-10 |
11.29 | 0.21 | | 3.64 | 3.85 | | | 1.77 | 1.77 | 13.37 | 14.30 | 35.81 | 57.38 | 242,426 | 1.01 | 1.00 | | 1.61 | | 141 |
(1) |
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of each period and a sale at net asset value at the end of each period and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Total investment return at net asset value is not annualized for periods less than one year. |
(2) |
Total investment return at market value measures the change in the market value of your investment assuming reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the Funds dividend reinvestment plan. Total investment return at market value is not annualized for periods less than one year. |
(3) |
Annualized for periods less than one year. |
(4) |
The Investment Adviser has entered into a written expense limitation agreement with the Fund under which it will limit the |
expenses of the Fund (excluding interest, taxes, investment-related costs, leverage expenses, extraordinary expenses and acquired fund fees and expenses) subject to possible recoupment by the Investment Adviser within three years of being incurred. | |
(5) |
Excluding amounts related to a foreign currency settlement recorded in the fiscal year ended February 29, 2016, total return would have been (8.65)%. |
+ |
Unaudited. |
|
Calculated using average number of shares outstanding throughout the year or period. |
* |
Amount is less than $0.005 or 0.005% or more than $(0.005) or (0.005)%. |
|
Impact of waiving the advisory fee for the ING Institutional Prime Money Market Fund holding has less than 0.005% impact on the expense ratio and net investment income or loss ratio. |
(1) |
Market value of investment securities, other assets and liabilities at the exchange rates prevailing at Market Close. | |
(2) |
Purchases and sales of investment securities, income and expenses at the rates of exchange prevailing on the respective dates of such transactions. |
Six
Months Ended August 31, 2019 |
Year
Ended Feburary 28, 2019 |
|||||
---|---|---|---|---|---|---|
Ordinary Income |
Long-term Capital Gain |
Ordinary Income |
Long-term Capital Gain |
|||
$6,537,881 |
$1,699,354 |
$7,474,163 |
$9,000,306 |
Undistributed Long-term Capital Gains |
Unrealized Appreciation/ (Depreciation) |
|
---|---|---|
$13,093,180 |
$2,306,857 |
Per
Share Amount |
Declaration Date |
Payable Date |
Record Date |
|||
---|---|---|---|---|---|---|
$0.197 |
9/19/2019 | 10/15/2019 |
10/2/2019 |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
SUMMARY PORTFOLIO OF INVESTMENTS AS OF AUGUST 31, 2019 (UNAUDITED) |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 97.0%
|
||||||||||||||
Australia: 3.1% |
||||||||||||||
927,811 | Other Securities |
$ | 6,306,184 | 3.1 | ||||||||||
Belgium: 0.3%
|
||||||||||||||
8,142 | Other Securities |
608,530 | 0.3 | |||||||||||
Canada: 4.6%
|
||||||||||||||
13,833 | Waste Connections, Inc. |
1,271,253 | 0.7 | |||||||||||
206,658 | Other Securities |
8,026,537 | 3.9 | |||||||||||
9,297,790 | 4.6 | |||||||||||||
China: 0.4%
|
||||||||||||||
265,500 | Other Securities |
892,936 | 0.4 | |||||||||||
Denmark: 0.7%
|
||||||||||||||
28,776 | Novo Nordisk A/S |
1,499,298 | 0.7 | |||||||||||
Finland: 0.6%
|
||||||||||||||
30,766 | Other Securities |
1,132,058 | 0.6 | |||||||||||
France: 1.8%
|
||||||||||||||
149,002 | Other Securities |
3,612,266 | 1.8 | |||||||||||
Germany: 1.5%
|
||||||||||||||
191,425 | Other Securities |
2,946,452 | 1.5 | |||||||||||
Guernsey: 0.5%
|
||||||||||||||
16,441 | Other Securities |
1,064,390 | 0.5 | |||||||||||
Hong Kong: 1.3%
|
||||||||||||||
514,400 | Other Securities |
2,617,606 | 1.3 | |||||||||||
Israel: 0.3%
|
||||||||||||||
85,898 | Other Securities |
585,297 | 0.3 | |||||||||||
Italy: 1.1%
|
||||||||||||||
288,272 | Other Securities |
2,321,334 | 1.1 | |||||||||||
Japan: 7.7%
|
||||||||||||||
651,797 | Other Securities |
15,838,363 | 7.7 | |||||||||||
Netherlands: 3.3%
|
||||||||||||||
31,308 | (1) |
ABN AMRO Bank NV |
555,253 | 0.3 | ||||||||||
47,017 | Koninklijke Ahold Delhaize NV |
1,101,388 | 0.5 | |||||||||||
68,990 | Koninklijke KPN NV |
218,512 | 0.1 | |||||||||||
73,211 | Royal Dutch Shell PLC Class A |
2,034,031 | 1.0 | |||||||||||
125,699 | Other Securities |
2,756,216 | 1.4 | |||||||||||
6,665,400 | 3.3 | |||||||||||||
New Zealand: 0.1%
|
||||||||||||||
83,214 | Other Securities |
231,663 | 0.1 | |||||||||||
Norway: 0.7%
|
||||||||||||||
87,616 | Other Securities |
1,474,446 | 0.7 | |||||||||||
Singapore: 0.7%
|
||||||||||||||
654,000 | Other Securities |
1,479,883 | 0.7 | |||||||||||
Spain: 1.5%
|
||||||||||||||
5,162 | (1) |
Aena SME SA |
932,034 | 0.4 | ||||||||||
49,942 | Ferrovial SA FERE |
1,421,528 | 0.7 |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued)
|
||||||||||||||
Spain: (continued)
|
||||||||||||||
53,431 | Other Securities |
$ | 796,791 | 0.4 | ||||||||||
3,150,353 | 1.5 | |||||||||||||
Switzerland: 2.5%
|
||||||||||||||
14,295 | Nestle SA |
1,606,392 | 0.8 | |||||||||||
7,630 | Roche Holding AG |
2,084,976 | 1.0 | |||||||||||
4,098 | Zurich Insurance Group AG |
1,460,349 | 0.7 | |||||||||||
5,151,717 | 2.5 | |||||||||||||
United Kingdom: 4.7%
|
||||||||||||||
77,769 | (1) |
Auto Trader Group PLC |
504,151 | 0.2 | ||||||||||
75,801 | GlaxoSmithKline PLC |
1,579,641 | 0.8 | |||||||||||
2,361,163 | Other Securities |
7,517,572 | 3.7 | |||||||||||
9,601,364 | 4.7 | |||||||||||||
United States: 59.6% | ||||||||||||||
19,375 | AbbVie, Inc. |
1,273,712 | 0.6 | |||||||||||
25,885 | Aflac, Inc. |
1,298,909 | 0.6 | |||||||||||
6,937 | Air Products & Chemicals, Inc. |
1,567,207 | 0.8 | |||||||||||
30,582 | Altria Group, Inc. |
1,337,657 | 0.7 | |||||||||||
6,400 | Amgen, Inc. |
1,335,168 | 0.7 | |||||||||||
61,934 | AT&T, Inc. |
2,183,793 | 1.1 | |||||||||||
48,458 | Bank of America Corp. |
1,333,080 | 0.7 | |||||||||||
18,979 | Booz Allen Hamilton Holding Corp. |
1,433,104 | 0.7 | |||||||||||
27,153 | Bristol-Myers Squibb Co. |
1,305,245 | 0.6 | |||||||||||
16,562 | Chevron Corp. |
1,949,679 | 1.0 | |||||||||||
44,004 | Cisco Systems, Inc. |
2,059,827 | 1.0 | |||||||||||
12,880 | Eli Lilly & Co. |
1,455,054 | 0.7 | |||||||||||
21,070 | Exxon Mobil Corp. |
1,442,874 | 0.7 | |||||||||||
24,217 | General Mills, Inc. |
1,302,875 | 0.6 | |||||||||||
8,912 | Hershey Co. |
1,412,374 | 0.7 | |||||||||||
10,272 | Honeywell International, Inc. |
1,690,977 | 0.8 | |||||||||||
37,482 | Intel Corp. |
1,777,022 | 0.9 | |||||||||||
12,547 | International Business Machines Corp. |
1,700,495 | 0.8 | |||||||||||
21,246 | Johnson & Johnson |
2,727,137 | 1.3 | |||||||||||
14,625 | JPMorgan Chase & Co. |
1,606,702 | 0.8 | |||||||||||
6,891 | McDonalds Corp. |
1,502,031 | 0.7 | |||||||||||
26,325 | Merck & Co., Inc. |
2,276,323 | 1.1 | |||||||||||
33,781 | Microsoft Corp. |
4,657,049 | 2.3 | |||||||||||
33,959 | Oracle Corp. |
1,767,905 | 0.9 | |||||||||||
15,347 | Paychex, Inc. |
1,253,850 | 0.6 | |||||||||||
15,154 | PepsiCo, Inc. |
2,072,006 | 1.0 | |||||||||||
54,361 | Pfizer, Inc. |
1,932,534 | 0.9 | |||||||||||
20,353 | Philip Morris International, Inc. |
1,467,248 | 0.7 | |||||||||||
18,383 | Procter & Gamble Co. |
2,210,188 | 1.1 | |||||||||||
12,547 | Quest Diagnostics, Inc. |
1,284,436 | 0.6 | |||||||||||
14,602 | Republic Services, Inc. |
1,303,228 | 0.6 | |||||||||||
11,652 | Royal Gold, Inc. |
1,554,144 | 0.8 | |||||||||||
14,849 | Starbucks Corp. |
1,433,819 | 0.7 |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
SUMMARY PORTFOLIO OF INVESTMENTS AS OF AUGUST 31, 2019 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
||||||||||||||
United States: (continued) |
||||||||||||||
15,076 | Texas Instruments, Inc. |
$ | 1,865,655 | 0.9 | ||||||||||
9,590 | Total System Services, Inc. |
1,287,170 | 0.6 | |||||||||||
16,530 | Tyson Foods, Inc. |
1,537,951 | 0.8 | |||||||||||
12,765 | Waste Management, Inc. |
1,523,503 | 0.7 | |||||||||||
34,278 | Wells Fargo & Co. |
1,596,326 | 0.8 | |||||||||||
57,204 | Western Union Co. |
1,265,352 | 0.6 | |||||||||||
11,676 | Yum! Brands, Inc. |
1,363,523 | 0.7 | |||||||||||
1,384,177 | (2) |
Other Securities |
54,739,503 | 26.7 | ||||||||||
122,086,635 | 59.6 | |||||||||||||
Total
Common Stock (Cost $196,584,020) |
198,563,965 | 97.0 | ||||||||||||
EXCHANGE-TRADED FUNDS: 2.2% |
||||||||||||||
23,375 | iShares MSCI EAFE ETF |
1,477,534 | 0.7 | |||||||||||
10,231 | SPDR S&P 500 ETF Trust |
2,992,056 | 1.5 | |||||||||||
Total
Exchange-Traded Funds (Cost $4,458,451) |
4,469,590 | 2.2 | ||||||||||||
Total Investments in Securities (Cost $201,042,471) |
$ | 203,033,555 | 99.2 | |||||||||||
Assets in Excess of Other Liabilities |
1,734,663 | 0.8 | ||||||||||||
Net Assets |
$ | 204,768,218 | 100.0 |
The following footnotes apply to either the individual securities noted or one or more of the securities aggregated and listed as a single line item.
(1) |
Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
(2) |
The grouping contains non-income producing securities. |
Sector Diversification | Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Information
Technology |
19.2 | % | ||||
Financials |
15.5 | |||||
Industrials |
11.8 | |||||
Health
Care |
10.6 | |||||
Consumer
Staples |
10.4 | |||||
Consumer
Discretionary |
7.9 | |||||
Communication
Services |
6.6 | |||||
Utilities |
5.2 | |||||
Energy |
4.3 | |||||
Materials |
3.3 | |||||
Real
Estate |
2.2 | |||||
Exchange-Traded
Funds |
2.2 | |||||
Assets in Excess
of Other Liabilities |
0.8 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs# (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at August 31, 2019 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at fair value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 6,306,184 | $ | | $ | 6,306,184 | ||||||||||
Belgium |
| 608,530 | | 608,530 | ||||||||||||||
Canada |
9,297,790 | | | 9,297,790 | ||||||||||||||
China |
| 892,936 | | 892,936 | ||||||||||||||
Denmark |
| 1,499,298 | | 1,499,298 | ||||||||||||||
Finland |
| 1,132,058 | | 1,132,058 | ||||||||||||||
France |
| 3,612,266 | | 3,612,266 | ||||||||||||||
Germany |
| 2,946,452 | | 2,946,452 | ||||||||||||||
Guernsey |
1,064,390 | | | 1,064,390 | ||||||||||||||
Hong
Kong |
| 2,617,606 | | 2,617,606 | ||||||||||||||
Israel |
| 585,297 | | 585,297 | ||||||||||||||
Italy |
| 2,321,334 | | 2,321,334 | ||||||||||||||
Japan |
| 15,838,363 | | 15,838,363 | ||||||||||||||
Netherlands |
| 6,665,400 | | 6,665,400 | ||||||||||||||
New
Zealand |
| 231,663 | | 231,663 | ||||||||||||||
Norway |
| 1,474,446 | | 1,474,446 | ||||||||||||||
Singapore |
| 1,479,883 | | 1,479,883 | ||||||||||||||
Spain |
| 3,150,353 | | 3,150,353 | ||||||||||||||
Switzerland |
| 5,151,717 | | 5,151,717 |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
SUMMARY PORTFOLIO OF INVESTMENTS AS OF AUGUST 31, 2019 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs# (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair
Value at August 31, 2019 | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Stock
(continued) |
|||||||||||||||||||||
United
Kingdom |
$ | | $ | 9,601,364 | $ | | $ | 9,601,364 | |||||||||||||
United
States |
122,086,635 | | | 122,086,635 | |||||||||||||||||
Total Common
Stock |
132,448,815 | 66,115,150 | | 198,563,965 | |||||||||||||||||
Exchange-Traded
Funds |
4,469,590 | | | 4,469,590 | |||||||||||||||||
Total
Investments, at fair value |
$ | 136,918,405 | $ | 66,115,150 | $ | | $ | 203,033,555 | |||||||||||||
Other
Financial Instruments+ |
|||||||||||||||||||||
Forward Foreign
Currency Contracts |
| 621,684 | | 621,684 | |||||||||||||||||
Total
Assets |
$ | 136,918,405 | $ | 66,736,834 | $ | | $ | 203,655,239 | |||||||||||||
Liabilities
Table |
|||||||||||||||||||||
Other
Financial Instruments+ |
|||||||||||||||||||||
Forward Foreign
Currency Contracts |
$ | | $ | (319,646 | ) | $ | | $ | (319,646 | ) | |||||||||||
Written
Options |
| (1,577,998 | ) | | (1,577,998 | ) | |||||||||||||||
Total
Liabilities |
$ | | $ | (1,897,644 | ) | $ | | $ | (1,897,644 | ) |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
+ |
Other Financial Instruments may include open forward foreign currency contracts, futures, centrally cleared swaps, OTC swaps and written options. Forward foreign currency contracts, futures and centrally cleared swaps are valued at the unrealized gain (loss) on the instrument. OTC swaps and written options are valued at the fair value of the instrument. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a portion of the Funds investments are categorized as Level 2 investments. |
Currency Purchased | Currency Sold | Counterparty | Settlement Date |
Unrealized Appreciation (Depreciation) |
|||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD | 12,938,928 | GBP | 10,600,000 | Citibank
N.A. |
10/04/19 |
$ | 23,439 | ||||||||
USD | 16,284,668 | JPY | 1,760,000,000 | Citibank
N.A. |
10/04/19 |
(319,646 | ) | ||||||||
USD | 6,684,131 | AUD | 9,700,000 | State Street
Bank and Trust Co. |
10/04/19 |
145,540 | |||||||||
USD | 19,175,735 | EUR | 17,100,000 | State Street
Bank and Trust Co. |
10/04/19 |
337,327 | |||||||||
USD | 8,218,381 | CAD | 10,800,000 | State Street
Bank and Trust Co. |
10/04/19 |
102,718 | |||||||||
USD | 5,078,310 | CHF | 5,000,000 | State Street
Bank and Trust Co. |
10/04/19 |
12,556 | |||||||||
USD | 13,281 | EUR | 11,989 | The Bank of New
York Mellon |
09/03/19 |
104 | |||||||||
$ | 302,038 |
Description | Counterparty | Put/Call | Expiration Date |
Exercise Price |
Number of Contracts |
Notional Amount |
Premiums Received |
Fair Value | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EURO STOXX 50®
Index |
BNP Paribas |
Call |
09/13/19 |
EUR 3,409.880 | 1,037 | EUR 3,553,550 | $ | 60,676 | $ | (58,737 | ) | |||||||||||||||||
EURO STOXX
50® Index |
Morgan Stanley & Co. International PLC |
Call |
09/13/19 |
EUR 3,362.370 | 2,013 | EUR 6,898,068 | 110,750 | (184,463 | ) | |||||||||||||||||||
FTSE 100
Index |
Morgan Stanley & Co. International PLC |
Call |
09/13/19 |
GBP 7,188.320 | 969 | GBP 6,983,757 | 92,146 | (96,164 | ) | |||||||||||||||||||
FTSE 100
Index |
Societe Generale |
Call |
09/13/19 |
GBP 7,481.130 | 486 | GBP 3,502,689 | 36,302 | (1,522 | ) | |||||||||||||||||||
Nikkei 225
Index |
Morgan Stanley & Co. International PLC |
Call |
09/27/19 |
JPY 20,567.800 | 57,454 | JPY 1,189,548,874 | 171,671 | (183,569 | ) | |||||||||||||||||||
S&P 500®
Index |
Barclays Bank PLC |
Call |
09/13/19 |
USD 2,961.370 | 3,854 | USD 11,278,577 | 168,936 | (66,312 | ) | |||||||||||||||||||
S&P 500®
Index |
Barclays Bank PLC |
Call |
09/27/19 |
USD 2,917.570 | 7,547 | USD 22,085,994 | 379,335 | (432,240 | ) | |||||||||||||||||||
S&P 500®
Index |
Barclays Bank PLC |
Call |
10/11/19 |
USD 2,955.720 | 11,721 | USD 34,301,038 | 554,991 | (554,991 | ) | |||||||||||||||||||
$ | 1,574,807 | $ | (1,577,998 | ) |
GBP British
Pound
JPY Japanese
Yen
USD United States Dollar
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
SUMMARY PORTFOLIO OF INVESTMENTS AS OF AUGUST 31, 2019 (UNAUDITED) (CONTINUED) |
Derivatives not
accounted for as hedging instruments |
Location
on Statement of Assets and Liabilities |
Fair Value | ||||||
---|---|---|---|---|---|---|---|---|
Asset
Derivatives |
||||||||
Foreign exchange
contracts |
Unrealized appreciation on forward foreign currency contracts |
$ | 621,684 | |||||
Total Asset
Derivatives |
$ | 621,684 | ||||||
Liability
Derivatives |
||||||||
Foreign exchange
contracts |
Unrealized depreciation on forward foreign currency contracts |
$ | 319,646 | |||||
Equity
contracts |
Written options, at fair value |
1,577,998 | ||||||
Total Liability
Derivatives |
$ | 1,897,644 |
Amount
of Realized Gain or (Loss) on Derivatives Recognized in Income |
||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Derivatives not
accounted for as hedging instruments |
Forward
foreign currency contracts |
Futures | Written options | Total | ||||||||||||||||||
Equity contracts |
$ | | $ | (1,075,380 | ) | $ | | $ | (1,075,380 | ) | ||||||||||||
Foreign exchange contracts |
2,231,480 | | (2,285,231 | ) | (53,751 | ) | ||||||||||||||||
Total |
$ | 2,231,480 | $ | (1,075,380 | ) | $ | (2,285,231 | ) | $ | (1,129,131 | ) |
Change in Unrealized
Appreciation or (Depreciation) on Derivatives Recognized in Income |
||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments |
Forward foreign currency contracts |
Futures | Written options | Total | ||||||||||||||||||
Equity contracts |
$ | | $ | 866,889 | $ | 1,012,548 | $ | 1,879,437 | ||||||||||||||
Foreign exchange contracts |
231,691 | | | 231,691 | ||||||||||||||||||
Total |
$ | 231,691 | $ | 866,889 | $ | 1,012,548 | $ | 2,111,128 |
Barclays Bank PLC |
BNP Paribas |
Citibank N.A. |
Morgan Stanley & Co. International PLC |
Societe Generale |
State Street Bank and Trust Co. |
The Bank of New York Mellon |
Totals | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets: | ||||||||||||||||||||||||||||||||||
Forward foreign
currency contracts |
$ | | $ | | $ | 23,439 | $ | | $ | | $ | 598,141 | $ | 104 | $ | 621,684 | ||||||||||||||||||
Total
Assets |
$ | | $ | | $ | 23,439 | $ | | $ | | $ | 598,141 | $ | 104 | $ | 621,684 | ||||||||||||||||||
Liabilities: |
||||||||||||||||||||||||||||||||||
Forward foreign
currency contracts |
$ | | $ | | $ | 319,646 | $ | | $ | | $ | | $ | | $ | 319,646 | ||||||||||||||||||
Written
options |
1,053,543 | 58,737 | | 464,196 | 1,522 | | | 1,577,998 | ||||||||||||||||||||||||||
Total
Liabilities |
$ | 1,053,543 | $ | 58,737 | $ | 319,646 | $ | 464,196 | $ | 1,522 | $ | | $ | | $ | 1,897,644 | ||||||||||||||||||
Net OTC
derivative instruments by counterparty, at fair value |
$ | (1,053,543 | ) | $ | (58,737 | ) | $ | (296,207 | ) | $ | (464,196 | ) | $ | (1,522 | ) | $ | 598,141 | $ | 104 | $ | (1,275,960 | ) | ||||||||||||
Total
collateral pledged by the Fund/ (Received from counterparty) |
$ | | $ | | $ | | $ | 400,000 | $ | | $ | | $ | | $ | 400,000 | ||||||||||||||||||
Net
Exposure(1) |
$ | (1,053,543 | ) | $ | (58,737 | ) | $ | (296,207 | ) | $ | (64,196 | ) | $ | (1,522 | ) | $ | 598,141 | $ | 104 | $ | (875,960 | ) |
(1) |
Positive net exposure represents amounts due from each respective counterparty. Negative exposure represents amounts due from the Fund. Please refer to Note 2 for additional details regarding counterparty credit risk and credit related contingent features. |
Cost for federal income tax purposes was $199,508,076. |
Net unrealized
appreciation consisted of: |
||||||
Gross
Unrealized Appreciation |
$ | 13,187,561 | ||||
Gross
Unrealized Depreciation |
(10,880,704 | ) | ||||
Net Unrealized
Appreciation |
$ | 2,306,857 |
1 |
At this meeting, a proposal was submitted to elect four members of the Board of Trustees to represent the interests of the holders of the Fund, with all four individuals to serve as Class II Trustees, for a term of three-years, and until the election and qualification of their successors. |
Proposal | Shares voted for | Shares
voted against or withheld |
Shares abstained |
Broker non-vote |
Total
Shares Voted |
|||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class II Trustees |
Voya Global
Advantage and Premium Opportunity Fund |
|||||||||||||||||||||||||||
John V.
Boyer |
1 | * | 16,232,744.318 | 539,828.000 | 0.000 | 0.000 | 16,772,572.318 | |||||||||||||||||||||
Patricia W.
Chadwick |
1 | * | 16,212,992.318 | 559,580.000 | 0.000 | 0.000 | 16,772,572.318 | |||||||||||||||||||||
Sheryl K.
Pressler |
1 | * | 16,222,700.318 | 549,872.000 | 0.000 | 0.000 | 16,772,572.318 | |||||||||||||||||||||
Christopher P.
Sullivan |
1 | * | 16,252,781.318 | 519,791.000 | 0.000 | 0.000 | 16,772,572.318 |
* |
Proposal Passed |
Declaration Date | Ex Date | Record Date | Payable Date | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
20-Mar-19 | 1-Apr-19 | 2-Apr-19 | 15-Apr-19 | |||||||||||
17-Jun-19 | 1-Jul-19 | 2-Jul-19 | 15-Jul-19 | |||||||||||
16-Sep-19 | 1-Oct-19 | 2-Oct-19 | 15-Oct-19 | |||||||||||
16-Dec-19 | 30-Dec-19 | 31-Dec-19 | 15-Jan-20 |
Investment Adviser
Voya Investments, LLC
7337 East Doubletree Ranch Road, Suite 100
Scottsdale, Arizona 85258
Transfer Agent
Computershare, Inc.
480 Washington Boulevard
Jersey City,
New Jersey 07310-1900
Custodian
The Bank of New York Mellon
225 Liberty Street
New York,
New York 10286
Legal Counsel
Toll-Free Shareholder Information
RETIREMENT | INVESTMENTS | INSURANCE voyainvestments.com |
![]() 163318 (0819-102419) |
Item 2. Code of Ethics.
Not required for semi-annual filing.
Item 3. Audit Committee Financial Expert.
Not required for semi-annual filing.
Item 4. Principal Accountant Fees and Services.
Not required for semi-annual filing.
Item 5. Audit Committee of Listed Registrants.
Not required for semi-annual filing.
Item 6. Schedule of Investments.
Complete schedule of investments filed herein.
Voya Global Advantage and Premium Opportunity Fund | PORTFOLIO
OF INVESTMENTS as of August 31, 2019 (Unaudited) |
Shares | Value | Percentage of Net Assets |
||||||||||||
COMMON STOCK: 97.0% | ||||||||||||||
Australia: 3.1% | ||||||||||||||
73,139 | AGL Energy Ltd. | $ | 932,367 | 0.5 | ||||||||||
233,716 | Aurizon Holdings Ltd. | 929,193 | 0.5 | |||||||||||
40,772 | BHP Group Ltd. | 1,000,847 | 0.5 | |||||||||||
35,825 | Coca-Cola Amatil Ltd. | 262,095 | 0.1 | |||||||||||
31,734 | Computershare Ltd. | 328,801 | 0.2 | |||||||||||
49,391 | Crown Resorts Ltd. | 399,721 | 0.2 | |||||||||||
3,343 | Macquarie Group Ltd. | 278,698 | 0.1 | |||||||||||
33,991 | Newcrest Mining Ltd. | 849,561 | 0.4 | |||||||||||
12,862 | Sonic Healthcare Ltd. | 254,608 | 0.1 | |||||||||||
325,843 | South32 Ltd. - AUD | 575,782 | 0.3 | |||||||||||
87,195 | Sydney Airport | 494,511 | 0.2 | |||||||||||
6,306,184 | 3.1 | |||||||||||||
Belgium: 0.3% | ||||||||||||||
8,142 | UCB S.A. | 608,530 | 0.3 | |||||||||||
Canada: 4.6% | ||||||||||||||
12,465 | Bank of Nova Scotia | 662,853 | 0.3 | |||||||||||
25,544 | BCE, Inc. | 1,208,707 | 0.6 | |||||||||||
15,218 | Canadian Imperial Bank of Commerce - XTSE | 1,178,784 | 0.6 | |||||||||||
25,594 | CI Financial Corp. | 366,782 | 0.2 | |||||||||||
16,426 | Empire Co. Ltd. | 453,152 | 0.2 | |||||||||||
22,342 | Great-West Lifeco, Inc. | 476,240 | 0.3 | |||||||||||
6,060 | iA Financial Corp., Inc. | 252,022 | 0.1 | |||||||||||
5,265 | Kirkland Lake Gold Ltd. | 256,013 | 0.1 | |||||||||||
22,997 | National Bank Of Canada | 1,079,895 | 0.5 | |||||||||||
19,714 | Open Text Corp. | 771,295 | 0.4 | |||||||||||
3,895 | Rogers Communications, Inc. | 192,819 | 0.1 | |||||||||||
31,138 | TELUS Corp. | 1,127,975 | 0.6 | |||||||||||
13,833 | Waste Connections, Inc. | 1,271,253 | 0.6 | |||||||||||
9,297,790 | 4.6 | |||||||||||||
China: 0.4% | ||||||||||||||
265,500 | BOC Hong Kong Holdings Ltd. | 892,936 | 0.4 | |||||||||||
Denmark: 0.7% | ||||||||||||||
28,776 | Novo Nordisk A/S | 1,499,298 | 0.7 | |||||||||||
Finland: 0.6% | ||||||||||||||
2,163 | Nordea Bank Abp | 13,528 | 0.0 | |||||||||||
6,973 | Orion Oyj | 259,150 | 0.2 | |||||||||||
21,630 | Sampo OYJ | 859,380 | 0.4 | |||||||||||
1,132,058 | 0.6 | |||||||||||||
France: 1.8% | ||||||||||||||
17,346 | Alstom SA | 741,650 | 0.4 | |||||||||||
9,900 | Edenred | 482,070 | 0.2 | |||||||||||
2,401 | Eiffage SA | 248,799 | 0.1 | |||||||||||
26,884 | Getlink SE | 378,290 | 0.2 | |||||||||||
68,314 | Orange SA | 1,037,919 | 0.5 | |||||||||||
2,903 | Societe BIC S.A. | 185,502 | 0.1 | |||||||||||
21,254 | Societe Generale | 538,036 | 0.3 | |||||||||||
3,612,266 | 1.8 | |||||||||||||
Germany: 1.5% | ||||||||||||||
1,923 | Allianz SE | 424,412 | 0.2 | |||||||||||
17,083 | Deutsche Lufthansa AG | 263,305 | 0.1 | |||||||||||
31,311 | Deutsche Post AG | 1,027,486 | 0.5 | |||||||||||
7,463 | SAP SE | 890,910 | 0.5 | |||||||||||
133,645 | Telefonica Deutschland Holding AG | 340,339 | 0.2 | |||||||||||
2,946,452 | 1.5 | |||||||||||||
Guernsey: 0.5% | ||||||||||||||
16,441 | Amdocs Ltd. | 1,064,390 | 0.5 | |||||||||||
Hong Kong: 1.3% | ||||||||||||||
127,500 | CK Hutchison Holdings Ltd. | 1,108,336 | 0.6 | |||||||||||
255,000 | HKT Trust / HKT Ltd. | 398,345 | 0.2 | |||||||||||
4,900 | Jardine Matheson Holdings Ltd. | 266,450 | 0.1 | |||||||||||
127,000 | Power Assets Holdings Ltd. | 844,475 | 0.4 | |||||||||||
2,617,606 | 1.3 | |||||||||||||
Israel: 0.3% | ||||||||||||||
85,898 | Bank Leumi Le-Israel BM | 585,297 | 0.3 | |||||||||||
Italy: 1.1% | ||||||||||||||
65,572 | Assicurazioni Generali S.p.A. | 1,191,929 | 0.6 | |||||||||||
222,700 | Snam SpA | 1,129,405 | 0.5 | |||||||||||
2,321,334 | 1.1 | |||||||||||||
Japan: 7.7% | ||||||||||||||
8,700 | Alfresa Holdings Corp. | 196,777 | 0.1 | |||||||||||
33,900 | Canon, Inc. | 878,877 | 0.4 | |||||||||||
4,400 | Central Japan Railway Co. | 869,989 | 0.4 | |||||||||||
24,900 | Fuji Film Holdings Corp. | 1,064,983 | 0.5 | |||||||||||
30,406 | Japan Airlines Co. Ltd. | 949,020 | 0.5 | |||||||||||
85,900 | Japan Post Holdings Co. Ltd. | 780,582 | 0.4 | |||||||||||
14,000 | Kamigumi Co., Ltd. | 327,855 | 0.2 | |||||||||||
9,400 | Konami Holdings Corp. | 425,963 | 0.2 | |||||||||||
4,300 | Kyocera Corp. | 255,215 | 0.1 | |||||||||||
24,400 | Kyushu Railway Co. | 731,635 | 0.4 | |||||||||||
10,016 | Medipal Holdings Corp. | 212,606 | 0.1 | |||||||||||
5,900 | MEIJI Holdings Co., Ltd. | 409,598 | 0.2 | |||||||||||
10,729 | Mitsubishi Corp. | 260,941 | 0.1 | |||||||||||
70,900 | Mitsui & Co., Ltd. | 1,109,167 | 0.5 | |||||||||||
9,800 | MS&AD Insurance Group Holdings, Inc. | 311,054 | 0.2 | |||||||||||
9,000 | Nippon Electric Glass Co., Ltd. | 186,473 | 0.1 | |||||||||||
16,900 | Nippon Telegraph & Telephone Corp. | 810,150 | 0.4 | |||||||||||
48,100 | NTT Docomo, Inc. | 1,213,365 | 0.6 | |||||||||||
55,200 | ORIX Corp. | 814,481 | 0.4 | |||||||||||
7,800 | Sankyo Co., Ltd. | 269,839 | 0.1 | |||||||||||
58,500 | Sekisui House Ltd. | 1,037,540 | 0.5 | |||||||||||
76,806 | Sumitomo Corp. | 1,151,166 | 0.6 | |||||||||||
11,300 | Sumitomo Mitsui Financial Group, Inc. | 370,281 | 0.2 | |||||||||||
15,000 | Sundrug Co., Ltd. | 466,281 | 0.2 | |||||||||||
5,300 | Suzuken Co., Ltd. | 284,557 | 0.1 | |||||||||||
240 | United Urban Investment Corp. | 449,968 | 0.2 | |||||||||||
15,838,363 | 7.7 |
Voya Global Advantage and Premium Opportunity Fund | PORTFOLIO
OF INVESTMENTS as of August 31, 2019 (Unaudited) (Continued) |
Shares | Value | Percentage
of Net Assets |
||||||||||||
Netherlands: 3.3% | ||||||||||||||
31,308 | (1) | ABN AMRO Bank NV | 555,253 | 0.3 | ||||||||||
80,656 | ING Groep NV | 770,559 | 0.4 | |||||||||||
47,017 | Koninklijke Ahold Delhaize NV | 1,101,388 | 0.5 | |||||||||||
68,990 | Koninklijke KPN NV | 218,512 | 0.1 | |||||||||||
28,353 | NN Group NV | 950,074 | 0.5 | |||||||||||
73,211 | Royal Dutch Shell PLC - Class A | 2,034,032 | 1.0 | |||||||||||
16,690 | Unilever NV | 1,035,582 | 0.5 | |||||||||||
6,665,400 | 3.3 | |||||||||||||
New Zealand: 0.1% | ||||||||||||||
83,214 | Spark New Zealand Ltd. | 231,663 | 0.1 | |||||||||||
Norway: 0.7% | ||||||||||||||
37,920 | Mowi ASA | 907,073 | 0.4 | |||||||||||
39,833 | Orkla ASA | 364,948 | 0.2 | |||||||||||
9,863 | Telenor ASA | 202,425 | 0.1 | |||||||||||
1,474,446 | 0.7 | |||||||||||||
Singapore: 0.7% | ||||||||||||||
229,300 | ComfortDelgro Corp., Ltd. | 404,477 | 0.2 | |||||||||||
64,500 | SATS Ltd. | 222,997 | 0.1 | |||||||||||
74,400 | Singapore Exchange Ltd. | 439,209 | 0.2 | |||||||||||
103,800 | Singapore Technologies Engineering Ltd. | 294,203 | 0.1 | |||||||||||
182,000 | Yangzijiang Shipbuilding Holdings Ltd. | 118,997 | 0.1 | |||||||||||
1,479,883 | 0.7 | |||||||||||||
Spain: 1.5% | ||||||||||||||
5,162 | (1) | Aena SME SA | 932,034 | 0.4 | ||||||||||
28,706 | Enagas | 625,016 | 0.3 | |||||||||||
49,942 | Ferrovial SA - FERE | 1,421,528 | 0.7 | |||||||||||
24,725 | Telefonica S.A. | 171,775 | 0.1 | |||||||||||
3,150,353 | 1.5 | |||||||||||||
Switzerland: 2.5% | ||||||||||||||
14,295 | Nestle SA | 1,606,392 | 0.8 | |||||||||||
7,630 | Roche Holding AG | 2,084,976 | 1.0 | |||||||||||
4,098 | Zurich Insurance Group AG | 1,460,349 | 0.7 | |||||||||||
5,151,717 | 2.5 | |||||||||||||
United Kingdom: 4.7% | ||||||||||||||
77,769 | (1) | Auto Trader Group PLC | 504,150 | 0.2 | ||||||||||
114,768 | Aviva PLC | 495,469 | 0.2 | |||||||||||
170,440 | Barclays PLC | 283,923 | 0.1 | |||||||||||
52,213 | Barratt Developments PLC | 403,065 | 0.2 | |||||||||||
261,438 | BT Group PLC | 526,696 | 0.3 | |||||||||||
38,635 | Compass Group PLC | 979,872 | 0.5 | |||||||||||
144,037 | Direct Line Insurance Group PLC | 497,019 | 0.2 | |||||||||||
57,543 | Evraz PLC | 347,565 | 0.2 | |||||||||||
75,801 | GlaxoSmithKline PLC | 1,579,641 | 0.8 | |||||||||||
360,160 | Legal & General Group PLC | 964,939 | 0.5 | |||||||||||
298,854 | Marks & Spencer Group PLC | 701,642 | 0.3 | |||||||||||
30,594 | Persimmon PLC | 710,379 | 0.4 | |||||||||||
347,410 | Taylor Wimpey PLC | 618,312 | 0.3 | |||||||||||
275,526 | Vodafone Group PLC | 521,299 | 0.3 | |||||||||||
209,545 | WM Morrison Supermarkets PLC | 467,393 | 0.2 | |||||||||||
9,601,364 | 4.7 | |||||||||||||
United States: 59.6% | ||||||||||||||
19,375 | AbbVie, Inc. | 1,273,712 | 0.6 | |||||||||||
3,187 | Accenture PLC | 631,568 | 0.3 | |||||||||||
25,885 | Aflac, Inc. | 1,298,909 | 0.6 | |||||||||||
6,937 | Air Products & Chemicals, Inc. | 1,567,207 | 0.8 | |||||||||||
5,142 | Allison Transmission Holdings, Inc. | 228,459 | 0.1 | |||||||||||
7,925 | Allstate Corp. | 811,441 | 0.4 | |||||||||||
30,582 | Altria Group, Inc. | 1,337,657 | 0.7 | |||||||||||
12,125 | Ameren Corp. | 935,444 | 0.5 | |||||||||||
6,400 | Amgen, Inc. | 1,335,168 | 0.7 | |||||||||||
13,442 | Amphenol Corp. | 1,176,713 | 0.6 | |||||||||||
87,243 | Annaly Capital Management, Inc. | 724,117 | 0.4 | |||||||||||
35,545 | Apple Hospitality REIT, Inc. | 566,232 | 0.3 | |||||||||||
1,029 | Apple, Inc. | 214,793 | 0.1 | |||||||||||
61,934 | AT&T, Inc. | 2,183,793 | 1.1 | |||||||||||
4,809 | Avnet, Inc. | 201,449 | 0.1 | |||||||||||
48,458 | Bank of America Corp. | 1,333,080 | 0.7 | |||||||||||
2,066 | Boeing Co. | 752,210 | 0.4 | |||||||||||
18,979 | Booz Allen Hamilton Holding Corp. | 1,433,104 | 0.7 | |||||||||||
9,669 | Brinker International, Inc. | 367,422 | 0.2 | |||||||||||
27,153 | Bristol-Myers Squibb Co. | 1,305,245 | 0.6 | |||||||||||
9,326 | Broadridge Financial Solutions, Inc. ADR | 1,207,157 | 0.6 | |||||||||||
2,089 | Camden Property Trust | 226,134 | 0.1 | |||||||||||
19,855 | CDK Global, Inc. | 856,942 | 0.4 | |||||||||||
2,748 | CDW Corp. | 317,394 | 0.2 | |||||||||||
39,016 | Centerpoint Energy, Inc. | 1,080,353 | 0.5 | |||||||||||
25,438 | CenturyLink, Inc. | 289,484 | 0.1 | |||||||||||
1,309 | Chemed Corp. | 562,124 | 0.3 | |||||||||||
16,562 | Chevron Corp. | 1,949,679 | 1.0 | |||||||||||
31,752 | Chimera Investment Corp. | 605,511 | 0.3 | |||||||||||
17,566 | Cinemark Holdings, Inc. | 670,319 | 0.3 | |||||||||||
44,004 | Cisco Systems, Inc. | 2,059,827 | 1.0 | |||||||||||
3,032 | Citigroup, Inc. | 195,109 | 0.1 | |||||||||||
11,671 | Citrix Systems, Inc. | 1,085,170 | 0.5 | |||||||||||
18,361 | CMS Energy Corp. | 1,157,661 | 0.6 | |||||||||||
3,864 | Columbia Sportswear Co. | 362,405 | 0.2 | |||||||||||
10,047 | Comerica, Inc. | 619,398 | 0.3 | |||||||||||
10,234 | CoreCivic, Inc. | 173,466 | 0.1 | |||||||||||
3,521 | CSX Corp. | 235,977 | 0.1 | |||||||||||
9,854 | Darden Restaurants, Inc. | 1,192,137 | 0.6 | |||||||||||
7,869 | Eaton Corp. PLC | 635,186 | 0.3 | |||||||||||
12,880 | Eli Lilly & Co. | 1,455,054 | 0.7 | |||||||||||
3,371 | Encompass Health Corp. | 204,923 | 0.1 | |||||||||||
13,390 | Equitrans Midstream Corp. | 180,631 | 0.1 | |||||||||||
1,282 | Everest Re Group Ltd. | 302,398 | 0.2 | |||||||||||
16,001 | Evergy, Inc. | 1,040,065 | 0.5 | |||||||||||
6,096 | Exelon Corp. | 288,097 | 0.1 | |||||||||||
9,265 | Expedia Group, Inc. | 1,205,376 | 0.6 | |||||||||||
21,070 | Exxon Mobil Corp. | 1,442,874 | 0.7 | |||||||||||
1,542 | Federal Realty Investment Trust | 199,242 | 0.1 | |||||||||||
17,623 | Flir Systems, Inc. | 868,285 | 0.4 | |||||||||||
22,485 | Gaming and Leisure Properties, Inc. | 879,613 | 0.4 | |||||||||||
24,217 | General Mills, Inc. | 1,302,875 | 0.6 | |||||||||||
10,807 | Genuine Parts Co. | 975,764 | 0.5 | |||||||||||
15,503 | Geo Group, Inc./The | 266,031 | 0.1 |
See Accompanying Notes to Financial Statements
3 |
Voya Global Advantage and Premium Opportunity Fund | PORTFOLIO
OF INVESTMENTS as of August 31, 2019 (Unaudited) (Continued) |
Shares | Value | Percentage
of Net Assets |
||||||||||||
16,926 | Hartford Financial Services Group, Inc. | 986,447 | 0.5 | |||||||||||
2,817 | HCA Healthcare, Inc. | 338,603 | 0.2 | |||||||||||
8,912 | Hershey Co. | 1,412,374 | 0.7 | |||||||||||
64,238 | Hewlett Packard Enterprise Co. | 887,769 | 0.4 | |||||||||||
4,900 | Home Depot, Inc. | 1,116,759 | 0.5 | |||||||||||
10,272 | Honeywell International, Inc. | 1,690,977 | 0.8 | |||||||||||
13,637 | (2) | IAA, Inc. | 666,167 | 0.3 | ||||||||||
1,665 | Insperity, Inc. | 164,935 | 0.1 | |||||||||||
37,482 | Intel Corp. | 1,777,022 | 0.9 | |||||||||||
5,818 | InterDigital, Inc. | 286,071 | 0.1 | |||||||||||
12,547 | International Business Machines Corp. | 1,700,495 | 0.8 | |||||||||||
779 | Intuit, Inc. | 224,632 | 0.1 | |||||||||||
10,028 | j2 Global, Inc. | 848,369 | 0.4 | |||||||||||
24,300 | Jabil, Inc. | 700,083 | 0.3 | |||||||||||
6,312 | JM Smucker Co. | 663,770 | 0.3 | |||||||||||
21,246 | Johnson & Johnson | 2,727,137 | 1.3 | |||||||||||
14,625 | JPMorgan Chase & Co. | 1,606,702 | 0.8 | |||||||||||
38,530 | Juniper Networks, Inc. | 892,355 | 0.4 | |||||||||||
13,637 | KAR Auction Services, Inc. | 362,199 | 0.2 | |||||||||||
8,227 | Kimberly-Clark Corp. | 1,160,912 | 0.6 | |||||||||||
11,306 | Kohl's Corp. | 534,322 | 0.3 | |||||||||||
4,202 | Lamar Advertising Co. | 322,083 | 0.2 | |||||||||||
1,826 | Lear Corp. | 204,987 | 0.1 | |||||||||||
12,803 | LogMeIn, Inc. | 855,752 | 0.4 | |||||||||||
19,842 | Maxim Integrated Products | 1,082,183 | 0.5 | |||||||||||
7,704 | MAXIMUS, Inc. | 592,746 | 0.3 | |||||||||||
6,891 | McDonald's Corp. | 1,502,031 | 0.7 | |||||||||||
22,933 | MDU Resources Group, Inc. | 616,668 | 0.3 | |||||||||||
26,325 | Merck & Co., Inc. | 2,276,323 | 1.1 | |||||||||||
82,971 | MFA Financial, Inc. | 594,902 | 0.3 | |||||||||||
33,781 | Microsoft Corp. | 4,657,049 | 2.3 | |||||||||||
2,388 | Motorola Solutions, Inc. | 432,013 | 0.2 | |||||||||||
59,160 | New Residential Investment Corp. | 832,381 | 0.4 | |||||||||||
2,048 | Norfolk Southern Corp. | 356,454 | 0.2 | |||||||||||
10,934 | OGE Energy Corp. | 468,741 | 0.2 | |||||||||||
39,610 | Old Republic International Corp. | 925,290 | 0.5 | |||||||||||
15,153 | Omnicom Group | 1,152,537 | 0.6 | |||||||||||
6,859 | Oneok, Inc. | 488,910 | 0.2 | |||||||||||
33,959 | Oracle Corp. | 1,767,906 | 0.9 | |||||||||||
15,347 | Paychex, Inc. | 1,253,850 | 0.6 | |||||||||||
15,154 | PepsiCo, Inc. | 2,072,006 | 1.0 | |||||||||||
54,361 | Pfizer, Inc. | 1,932,534 | 0.9 | |||||||||||
20,353 | Philip Morris International, Inc. | 1,467,248 | 0.7 | |||||||||||
12,125 | Phillips 66 | 1,195,889 | 0.6 | |||||||||||
4,708 | Pinnacle West Capital Corp. | 448,719 | 0.2 | |||||||||||
44,921 | Plains GP Holdings L.P. | 984,668 | 0.5 | |||||||||||
9,740 | Popular, Inc. | 512,032 | 0.3 | |||||||||||
18,383 | Procter & Gamble Co. | 2,210,188 | 1.1 | |||||||||||
12,547 | Quest Diagnostics, Inc. | 1,284,436 | 0.6 | |||||||||||
14,602 | Republic Services, Inc. | 1,303,228 | 0.6 | |||||||||||
23,181 | Retail Properties of America, Inc. | 263,336 | 0.1 | |||||||||||
11,652 | Royal Gold, Inc. | 1,554,144 | 0.8 | |||||||||||
43,270 | Sabre Corp. | 1,022,903 | 0.5 | |||||||||||
19,286 | Service Corp. International | 892,942 | 0.4 | |||||||||||
6,064 | Simon Property Group, Inc. | 903,172 | 0.4 | |||||||||||
9,973 | Sonoco Products Co. | 570,456 | 0.3 | |||||||||||
18,525 | Southern Co. | 1,079,266 | 0.5 | |||||||||||
14,849 | Starbucks Corp. | 1,433,819 | 0.7 | |||||||||||
24,809 | Tanger Factory Outlet Centers, Inc. | 350,799 | 0.2 | |||||||||||
15,076 | Texas Instruments, Inc. | 1,865,655 | 0.9 | |||||||||||
9,590 | Total System Services, Inc. | 1,287,170 | 0.6 | |||||||||||
79,193 | Two Harbors Investment Corp. | 1,000,208 | 0.5 | |||||||||||
16,530 | Tyson Foods, Inc. | 1,537,951 | 0.8 | |||||||||||
5,873 | Valero Energy Corp. | 442,119 | 0.2 | |||||||||||
21,807 | Walgreens Boots Alliance, Inc. | 1,116,300 | 0.5 | |||||||||||
12,765 | Waste Management, Inc. | 1,523,503 | 0.7 | |||||||||||
34,278 | Wells Fargo & Co. | 1,596,326 | 0.8 | |||||||||||
57,204 | Western Union Co. | 1,265,352 | 0.6 | |||||||||||
16,577 | Xerox Holdings Corp. | 480,567 | 0.2 | |||||||||||
11,676 | Yum! Brands, Inc. | 1,363,523 | 0.7 | |||||||||||
5,473 | Zions Bancorp NA | 224,886 | 0.1 | |||||||||||
122,086,635 | 59.6 | |||||||||||||
Total
Common Stock (Cost $196,584,020) |
198,563,965 | 97.0 | ||||||||||||
EXCHANGE-TRADED FUNDS: 2.2% | ||||||||||||||
23,375 | iShares MSCI EAFE ETF | 1,477,534 | 0.7 | |||||||||||
10,231 | SPDR S&P 500 ETF Trust | 2,992,056 | 1.5 | |||||||||||
Total
Exchange-Traded Funds (Cost $4,458,451) |
4,469,590 | 2.2 | ||||||||||||
Total
Investments in Securities (Cost $201,042,471) |
$ | 203,033,555 | 99.2 | |||||||||||
Assets in Excess of Other Liabilities | 1,734,663 | 0.8 | ||||||||||||
Net Assets | $ | 204,768,218 | 100.0 |
ADR | American Depositary Receipt |
(1) | Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
(2) | Non-income producing security. |
See Accompanying Notes to Financial Statements
4 |
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
Not applicable.
Item 11. Controls and Procedures.
(a) | Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrant’s disclosure controls and procedures are effective to ensure that material information relating to the registrant is made known to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N-CSR are being prepared, and the registrant’s disclosure controls and procedures allow timely preparation and review of the information for the registrant’s Form N-CSR and the officer certifications of such Form N-CSR. |
(b) | There were no significant changes in the registrant’s internal controls that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13. Exhibits.
(a)(1) | The Code of Ethics is not required for the semi-annual filing. |
(a)(2) | A separate certification for each principal executive officer and principal financial officer of the registrant is required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as EX-99.CERT. |
(a)(3) | Not required for semi-annual filing. |
(a)(4) | Auditor Change. |
(b) | The officer certifications required by Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto as EX-99.906CERT. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant): Voya Global Advantage and Premium Opportunity Fund
By | /s/ Michael Bell | |
Michael Bell | ||
Chief Executive Officer |
Date: November 8, 2019
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By | /s/ Michael Bell | |
Michael Bell | ||
Chief Executive Officer |
Date: November 8, 2019
By | /s/ Todd Modic | |
Todd Modic | ||
Senior Vice President and Chief Financial Officer |
Date: November 8, 2019
EX-99.CERT
CERTIFICATION
I, Michael Bell, certify that:
1. | I have reviewed this report on Form N-CSR of Voya Global Advantage and Premium Opportunity Fund; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; |
4. | The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
a. | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
b. | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
c. | Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and |
d. | Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and |
5. | The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): |
a. | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and |
b. | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. |
Date: November 8, 2019 | /s/ Michael Bell |
Michael Bell | |
Chief Executive Officer |
EX-99.CERT
CERTIFICATION
I, Todd Modic, certify that:
1. | I have reviewed this report on Form N-CSR of Voya Global Advantage and Premium Opportunity Fund; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; |
4. | The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
a. | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
b. | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
c. | Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and |
d. | Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and |
5. | The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): |
a. | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and |
b. | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. |
Date: November 8, 2019 | /s/ Todd Modic |
Todd Modic | |
Senior Vice President and Chief Financial Officer |
EX-99.906CERT
Certification
Pursuant to Section 906
of the
Sarbanes-Oxley Act of 2002
Name of Registrant: Voya Global Advantage and Premium Opportunity Fund
Date of Form N-CSR: August 31, 2019
The undersigned, the principle executive officer of the above named registrant (the “Fund”), hereby certifies that, with respect to the Form N-CSR referred to above, to the best of his knowledge and belief, after reasonable inquiry:
1. | such Form N-CSR fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and |
2. | the information contained in such Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Fund. |
A signed original of this written statement required by Section 906 has been provided to Voya Global Advantage and Premium Opportunity Fund and will be retained by Voya Global Advantage and Premium Opportunity Fund and furnished to the Securities and Exchange Commission or its staff upon request.
IN WITNESS WHEREOF, the undersigned has executed this Certification below, as of this 8th day of November, 2019.
/s/ Michael Bell | |
Michael Bell | |
Chief Executive Officer |
EX-99.906CERT
Certification
Pursuant to Section 906
of the
Sarbanes-Oxley Act of 2002
Name of Registrant: Voya Global Advantage and Premium Opportunity Fund
Date of Form N-CSR: August 31, 2019
The undersigned, the principle financial officer of the above named registrant (the “Fund”), hereby certifies that, with respect to the Form N-CSR referred to above, to the best of his knowledge and belief, after reasonable inquiry:
1. | such Form N-CSR fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and |
2. | the information contained in such Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Fund. |
A signed original of this written statement required by Section 906 has been provided to Voya Global Advantage and Premium Opportunity Fund and will be retained by Voya Global Advantage and Premium Opportunity Fund and furnished to the Securities and Exchange Commission or its staff upon request.
IN WITNESS WHEREOF, the undersigned has executed this Certification below, as of this 8th day of November, 2019.
/s/ Todd Modic | |
Todd Modic | |
Senior Vice President and Chief Financial Officer |
Exhibit 99.(a)(4)
Change in Independent Registered Public Accounting Firm
On September 12, 2019, KPMG LLP (“KPMG”) was dismissed as the independent registered public accounting firm to the Voya Global Advantage and Premium Opportunity Fund (the “Fund” or the “Registrant”). The decision to change independent registered public accounting firms was recommended by the Audit Committee of the Board of Trustees of the Fund and was approved by the Board of Trustees of the Fund.
KPMG’s reports on the Fund’s financial statements for the fiscal years ended February 28, 2019 and February 28, 2018 contained no adverse opinion or disclaimer of opinion nor were they qualified or modified as to uncertainty, audit scope or accounting principle.
During the fiscal years ended February 28, 2019 and February 28, 2018 and during the subsequent interim period through September 12, 2019: (i) there were no disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of KPMG, would have caused KPMG to make reference to the subject matter of the disagreements in connection with its reports on the Fund’s financial statements for such periods; and (ii) there were no “reportable events” of the kind described in Item 304(a)(1)(v) of Regulation S-K under the Securities Exchange Act of 1934, as amended.
The Registrant has requested that KPMG furnish the Registrant with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the foregoing statements and, if not, stating the respects in which it does not agree. A copy of that letter is filed as an exhibit to this Form N-CSR.
On September 12, 2019, the Audit Committee of the Board of Trustees and the Board of Trustees approved the selection of Ernst & Young LLP (“EY”) as the Fund’s independent registered public accounting firm for the fiscal year ending February 29, 2020. During the Fund’s fiscal years ended February 28, 2019 and February 28, 2018, and the subsequent interim period through September 12, 2019, neither the Fund, nor anyone on its behalf, consulted with EY on items which: (i) concerned the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Fund’s financial statements; or (ii) concerned the subject of a disagreement (as defined in paragraph (a)(1)(iv) of Item 304 of Regulation S-K) or reportable events (as described in paragraph (a)(1)(v) of said Item 304).
KPMG LLP
Two Financial Center
60 South Street
Boston, MA 02111
November 8, 2019
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Voya Global Advantage and Premium Opportunity Fund (Investment Company Act file number 811-21786) (the “Fund”) and, under the date of April 26, 2019, we reported on the statements of assets and liabilities, including the summary portfolio and the portfolio of investments as of February 28, 2019, and the related statement of operations for the year then ended, the statements of changes in net assets for each of the years in the two-year period then ended, and the related notes (collectively, the financial statements) and the financial highlights for each of the years in the ten-year period then ended. On September 12, 2019, our appointment as independent public accountant was terminated.
We have read the statements made by the Fund which we understand will be filed with the Commission pursuant to Item 13(a)(4) of Form N-CSR dated November 8, 2019, and we agree with such statements, except that we are not in a position to agree or disagree with the Fund’s statements (1) that the decision to change independent registered public accounting firms was recommended by the Audit Committee of the Board of Trustees of the Fund and was approved by the Board of Trustees of the Fund, (2) that the Audit Committee of the Board of Trustees and the Board of Trustees approved the selection of Ernst & Young LLP (“EY”) as the Fund’s independent registered public accounting firm, or (3) that neither the Fund nor anyone on its behalf consulted EY on items which: (i) concerned the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Fund’s financial statements, or (ii) concerned the subject of a disagreement or reportable events.
Very truly yours,
KPMG LLP is a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.
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