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, 2021 to August 31, 2021
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):
As permitted by regulations adopted by the U.S. Securities
and Exchange Commission, paper copies of the fund’s annual and semi-annual shareholder reports, like this semi-annual report, are not 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. |
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 fund’s investment objectives, risks, charges, expenses and other information. This information should be read carefully. |
INVESTMENT
MANAGEMENT
voyainvestments.com |
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Economy and Markets Continue to Overcome Doubts
ASSETS: |
||||||
Investments in
securities at fair value* |
$ | 175,328,719 | ||||
Short-term
investments at fair value |
1,974,000 | |||||
Cash |
407,026 | |||||
Cash pledged as
collateral for OTC derivatives (Note 2) |
370,000 | |||||
Foreign
currencies at value |
14,408 | |||||
Receivables: |
||||||
Investment
securities and currencies sold |
532,019 | |||||
Dividends |
347,190 | |||||
Foreign tax
reclaims |
208,354 | |||||
Unrealized
appreciation on forward foreign currency contracts |
1,150,385 | |||||
Prepaid
expenses |
39 | |||||
Other
assets |
10,482 | |||||
Total
assets |
180,342,622 | |||||
LIABILITIES: |
||||||
Payable for
investment securities and currencies purchased |
488,362 | |||||
Unrealized
depreciation on forward foreign currency contracts |
22,130 | |||||
Payable for
investment management fees |
126,539 | |||||
Payable to
trustees under the deferred compensation plan (Note 6) |
10,482 | |||||
Payable for
trustee fees |
907 | |||||
Other accrued
expenses and liabilities |
84,967 | |||||
Written options,
at fair valueˆ |
1,012,212 | |||||
Total
liabilities |
1,745,599 | |||||
NET
ASSETS |
$ | 178,597,023 | ||||
NET ASSETS
WERE COMPRISED OF: |
||||||
Paid-in
capital |
$ | 160,577,196 | ||||
Total
distributable earnings |
18,019,827 | |||||
NET
ASSETS |
$ | 178,597,023 | ||||
* Cost
of investments in securities |
$ | 147,015,700 | ||||
Cost of
short-term investments |
$ | 1,974,000 | ||||
Cost of
foreign currencies |
$ | 14,607 | ||||
ˆ Premiums
received on written options |
$ | 1,240,817 | ||||
Net
assets |
$ | 178,597,023 | ||||
Shares
authorized |
unlimited | |||||
Par
value |
$ | 0.010 | ||||
Shares
outstanding |
16,379,327 | |||||
Net asset
value |
$ | 10.90 |
INVESTMENT
INCOME: |
||||||
Dividends, net
of foreign taxes withheld* |
$ | 2,832,891 | ||||
Total
investment income |
2,832,891 | |||||
EXPENSES: |
||||||
Investment
management fees |
776,763 | |||||
Transfer agent
fees |
9,998 | |||||
Shareholder
reporting expense |
27,600 | |||||
Professional
fees |
46,230 | |||||
Custody and
accounting expense |
39,002 | |||||
Trustee
fees |
3,626 | |||||
Tender offer
costs (Note 7) |
142,000 | |||||
Miscellaneous
expense |
21,488 | |||||
Total
expenses |
1,066,707 | |||||
Waived and
reimbursed fees |
(4,818 | ) | ||||
Net
expenses |
1,061,889 | |||||
Net investment
income |
1,771,002 | |||||
REALIZED AND
UNREALIZED GAIN (LOSS): |
||||||
Net realized
gain (loss) on: |
||||||
Investments |
13,696,929 | |||||
Forward
foreign currency contracts |
782,673 | |||||
Foreign
currency related transactions |
55,978 | |||||
Written
options |
(5,313,885 | ) | ||||
Net realized
gain |
9,221,695 | |||||
Net change in
unrealized appreciation (depreciation) on: |
||||||
Investments |
12,446,938 | |||||
Forward
foreign currency contracts |
224,640 | |||||
Foreign
currency related transactions |
(4,411 | ) | ||||
Written
options |
475,795 | |||||
Net change in
unrealized appreciation (depreciation) |
13,142,962 | |||||
Net realized and
unrealized gain |
22,364,657 | |||||
Increase in
net assets resulting from operations |
$ | 24,135,659 | ||||
* Foreign taxes
withheld |
$ | 141,707 |
Six Months Ended August 31, 2021 (Unaudited) |
Year Ended February 28, 2021 |
|||||||
---|---|---|---|---|---|---|---|---|
FROM
OPERATIONS: |
||||||||
Net investment
income |
$ | 1,771,002 | $ | 3,529,227 | ||||
Net realized
gain (loss) |
9,221,695 | (19,248,035 | ) | |||||
Net change in
unrealized appreciation (depreciation) |
13,142,962 | 20,397,771 | ||||||
Increase in net
assets resulting from operations |
24,135,659 | 4,678,963 | ||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
||||||||
Total
distributions (excluding return of capital): |
(1,771,002 | ) | (10,006,765 | ) | ||||
Return of
capital |
(5,040,978 | ) | (4,381,820 | ) | ||||
Total
distributions |
(6,811,980 | ) | (14,388,585 | ) | ||||
FROM CAPITAL
SHARE TRANSACTIONS: |
||||||||
Cost of shares
repurchased |
| (875,181 | ) | |||||
Cost of shares
repurchased in tender offer (Note 7) |
(18,799,825 | ) | | |||||
Net decrease in
net assets resulting from capital share transactions |
(18,799,825 | ) | (875,181 | ) | ||||
Net decrease in
net assets |
(1,476,146 | ) | (10,584,803 | ) | ||||
NET
ASSETS: |
||||||||
Beginning of
year or period |
180,073,169 | 190,657,972 | ||||||
End of year or
period |
$ | 178,597,023 | $ | 180,073,169 |
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 | Accretion to net asset value due to tender offer(6) |
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 (000’s) |
Gross expenses prior to expense waiver/ recoupment(3) |
Net expenses after expense waiver/ recoupment(3),(4) |
Net investment income (loss)(3),(4) |
Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year or period ended | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%) | (%) | ($000’s) | (%) | (%) | (%) | (%) | (%) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
08-31-21+ |
9.89 | 0.10 | | 1.27 | 1.37 | 0.10 | | 0.29 | 0.39 | 0.03 | 10.90 | 10.17 | 14.75 | 18.70 | 178,597 | 1.17 | 1.16 | 1.94 | 34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-21 |
10.42 | 0.19 | | 0.07 | 0.26 | 0.15 | 0.40 | 0.24 | 0.79 | | 9.89 | 8.92 | 4.27 | 5.48 | 180,073 | 0.97 | 0.97 | 2.00 | 74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-29-20 |
11.43 | 0.27 | (0.44 | ) | (0.17 | ) | 0.40 | 0.44 | | 0.84 | | 10.42 | 9.29 | (1.35 | ) | (2.87 | ) | 190,658 | 0.96 | 0.96 | 2.37 | 130 | |||||||||||||||||||||||||||||||||||||||||||||||||||
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 |
(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 Fund’s 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 investment return at net asset value would have been (8.65)%. | |
(6) |
Please see Note 7 in the accompanying Notes to Financial Statements for additional information. | |
+ |
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 $(0.005) or (0.005)%. |
(1) |
Market value of investment securities, other assets and liabilities at the exchange rates prevailing at Market Close. |
(2) |
Purchases and sales of investment securities, income and expenses at the rates of exchange prevailing on the respective dates of such transactions. |
Year or period |
Shares repurchased |
Shares repurchased in tender offer |
Net
increase (decrease) in shares outstanding |
Shares repurchased |
Shares repurchased in tender offer |
Net increase (decrease) |
|||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ended | # | # | # | ($) | ($) | ($) | |||||||||||||||||
8/31/2021 |
| (1,819,925 | ) | (1,819,925 | ) | | (18,799,825 |
) | (18,799,825) |
||||||||||||||
2/28/2021 |
(105,714 | ) | | (105,714 | ) | (875,181 | ) | |
(875,181) |
Tax Year Ended December 31, 2020 |
Tax
Year Ended December 31, 2019 | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinary Income |
Long-term Capital Gain |
Return of Capital |
Ordinary Income |
Long-term Capital Gain |
|||||||||||||
$2,311,099 | $ | 7,323,759 | $ | 1,168,474 | $ | 7,433,745 | $ | 8,015,646 |
Late Year Ordinary Losses |
Unrealized Appreciation/ |
Capital Loss Carryforwards | |||||||||||||||
Deferred | (Depreciation) | Amount | Character | Expiration | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$(2,077,309) | $ | 16,231,401 | $ | (15,943,655 | ) | Short-term | None | ||||||||||
(2,243,092) | Long-term | None | |||||||||||||||
$ | (18,186,747 | ) |
Per Share Amount |
Declaration Date |
Payable Date |
Record Date |
||||
---|---|---|---|---|---|---|---|
$0.197 |
9/15/2021 | 10/15/2021 |
10/4/2021 |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
PORTFOLIO OF INVESTMENTS AS OF AUGUST 31, 2021 (UNAUDITED) |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 96.1%
|
||||||||||||||
Australia: 2.9% |
||||||||||||||
11,647 | ASX
Ltd. |
$ | 745,433 | 0.4 | ||||||||||
124,503 | Aurizon Holdings Ltd. |
342,537 | 0.2 | |||||||||||
12,990 | Australia & New Zealand Banking Group Ltd. |
262,920 | 0.2 | |||||||||||
29,411 | BHP
Group Ltd. |
973,111 | 0.6 | |||||||||||
37,040 | Brambles Ltd. |
327,408 | 0.2 | |||||||||||
24,947 | Goodman Group |
421,358 | 0.2 | |||||||||||
163,756 | Medibank Pvt Ltd. |
424,261 | 0.2 | |||||||||||
12,318 | Rio
Tinto Ltd. |
1,002,256 | 0.6 | |||||||||||
13,334 | Wesfarmers Ltd. |
582,383 | 0.3 | |||||||||||
5,081,667 | 2.9 | |||||||||||||
Canada: 4.2% |
||||||||||||||
16,994 | BCE,
Inc. |
886,304 | 0.5 | |||||||||||
9,865 | Canadian Imperial Bank of Commerce-XTSE |
1,134,868 | 0.6 | |||||||||||
6,241 | Canadian Natural Resources Ltd. |
206,525 | 0.1 | |||||||||||
119 | Constellation Software, Inc. |
201,676 | 0.1 | |||||||||||
8,425 | National Bank Of Canada |
668,711 | 0.4 | |||||||||||
14,358 | Pembina Pipeline Corp. |
437,574 | 0.2 | |||||||||||
16,182 | Quebecor, Inc. |
403,764 | 0.2 | |||||||||||
13,058 | Royal
Bank of Canada |
1,341,352 | 0.8 | |||||||||||
44,900 | TELUS
Corp. |
1,034,552 | 0.6 | |||||||||||
9,323 | Waste Connections, Inc. |
1,204,625 | 0.7 | |||||||||||
7,519,951 | 4.2 | |||||||||||||
China: 0.5% |
||||||||||||||
272,500 | BOC Hong Kong Holdings Ltd. |
824,633 | 0.5 | |||||||||||
Denmark: 0.9% |
||||||||||||||
88 | AP
Moller-Maersk A/S-Class B |
250,691 | 0.1 | |||||||||||
9,304 | Novozymes A/S |
752,108 | 0.4 | |||||||||||
27,523 | Tryg A/S |
681,479 | 0.4 | |||||||||||
1,684,278 | 0.9 | |||||||||||||
Finland: 1.1% |
||||||||||||||
11,306 | Kone
Oyj |
938,175 | 0.5 | |||||||||||
63,170 | Nordea Bank Abp |
741,934 | 0.4 | |||||||||||
5,543 | Orion Oyj |
226,099 | 0.2 | |||||||||||
1,906,208 | 1.1 | |||||||||||||
France: 2.0% |
||||||||||||||
3,729 | Air
Liquide SA |
668,394 | 0.4 | |||||||||||
7,179 | Cie
de Saint-Gobain |
520,427 | 0.3 | |||||||||||
3,675 | Dassault Systemes SE |
209,901 | 0.1 | |||||||||||
3,839 | Legrand S.A. |
440,464 | 0.2 | |||||||||||
49,344 | Orange SA |
561,001 | 0.3 | |||||||||||
3,566 | Schneider Electric SE |
637,124 | 0.4 | |||||||||||
1,451 | SEB
SA |
228,405 | 0.1 | |||||||||||
7,929 | Vivendi SE |
302,028 | 0.2 | |||||||||||
3,567,744 | 2.0 | |||||||||||||
Germany: 2.5% |
||||||||||||||
2,052 | Deutsche Boerse AG |
353,881 | 0.2 | |||||||||||
19,125 | Deutsche Post AG |
1,344,661 | 0.8 | |||||||||||
56,544 | Deutsche Telekom AG |
1,202,308 | 0.7 | |||||||||||
15,264 | RWE
AG |
596,025 | 0.3 | |||||||||||
1,500 | Siemens AG |
248,842 | 0.1 | |||||||||||
5,544 | Symrise AG |
788,966 | 0.4 | |||||||||||
4,534,683 | 2.5 |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued)
|
||||||||||||||
Hong Kong: 1.3%
|
||||||||||||||
50,000 | CK
Hutchison Holdings Ltd. |
$ | 364,505 | 0.2 | ||||||||||
74,500 | CLP
Holdings Ltd. |
744,697 | 0.4 | |||||||||||
11,500 | Hong
Kong Exchanges and Clearing Ltd. |
726,502 | 0.4 | |||||||||||
79,500 | Power Assets Holdings Ltd. |
498,944 | 0.3 | |||||||||||
2,334,648 | 1.3 | |||||||||||||
Ireland: 1.2% |
||||||||||||||
5,405 | CRH
PLC |
286,335 | 0.1 | |||||||||||
10,862 | Medtronic PLC |
1,449,860 | 0.8 | |||||||||||
8,401 | (1) |
Smurfit Kappa PLC |
481,493 | 0.3 | ||||||||||
2,217,688 | 1.2 | |||||||||||||
Israel: 0.3% |
||||||||||||||
61,950 | Bank Leumi Le-Israel BM |
511,782 | 0.3 | |||||||||||
Italy: 1.7% |
||||||||||||||
1,570 | DiaSorin SpA |
358,193 | 0.2 | |||||||||||
21,329 | ENI
S.p.A. |
263,148 | 0.2 | |||||||||||
29,516 | (1) |
FinecoBank Banca Fineco SpA |
543,745 | 0.3 | ||||||||||
296,117 | Intesa Sanpaolo SpA |
837,968 | 0.5 | |||||||||||
26,707 | (2) |
Poste
Italiane SpA |
362,092 | 0.2 | ||||||||||
73,435 | Terna-Rete Elettrica Nazionale |
580,875 | 0.3 | |||||||||||
2,946,021 | 1.7 | |||||||||||||
Japan: 7.3% |
||||||||||||||
12,900 | Dai
Nippon Printing Co., Ltd. |
306,501 | 0.2 | |||||||||||
236,000 | ENEOS
Holdings, Inc. |
912,121 | 0.5 | |||||||||||
3,100 | Hoya
Corp. |
500,601 | 0.3 | |||||||||||
8,400 | Idemitsu Kosan Co., Ltd. |
201,185 | 0.1 | |||||||||||
19,400 | Japan
Tobacco, Inc. |
376,410 | 0.2 | |||||||||||
6,700 | Lawson, Inc. |
322,245 | 0.2 | |||||||||||
8,300 | Lixil
Corp. |
241,544 | 0.1 | |||||||||||
4,300 | McDonalds Holdings Co. Japan Ltd. |
205,106 | 0.1 | |||||||||||
76,000 | Mitsubishi UFJ Financial Group, Inc. |
412,334 | 0.2 | |||||||||||
1,500 | Nintendo Co., Ltd. |
720,659 | 0.4 | |||||||||||
24,300 | Nippon Telegraph & Telephone Corp. |
647,420 | 0.4 | |||||||||||
4,300 | Nissan Chemical Corp. |
241,088 | 0.1 | |||||||||||
2,100 | Nitto
Denko Corp. |
159,308 | 0.1 | |||||||||||
23,700 | Osaka
Gas Co., Ltd. |
444,256 | 0.2 | |||||||||||
2,300 | Rohm
Co., Ltd. |
221,115 | 0.1 | |||||||||||
10,000 | Secom
Co., Ltd. |
758,327 | 0.4 | |||||||||||
32,100 | Sekisui House Ltd. |
639,535 | 0.4 | |||||||||||
800 | SMC
Corp. |
511,879 | 0.3 | |||||||||||
87,800 | SoftBank Corp. |
1,175,013 | 0.7 | |||||||||||
4,800 | Sohgo
Security Services Co., Ltd. |
217,447 | 0.1 | |||||||||||
32,200 | Sumitomo Chemical Co., Ltd. |
163,242 | 0.1 | |||||||||||
21,100 | Sumitomo Mitsui Financial Group, Inc. |
728,282 | 0.4 | |||||||||||
25,700 | Sumitomo Mitsui Trust Holdings, Inc. |
839,445 | 0.5 | |||||||||||
30,300 | T&D Holdings, Inc. |
368,769 | 0.2 | |||||||||||
16,200 | Tokyo
Gas Co., Ltd. |
311,409 | 0.2 | |||||||||||
13,300 | Trend
Micro, Inc. |
728,564 | 0.4 |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
PORTFOLIO
OF INVESTMENTS AS OF AUGUST 31, 2021 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued)
|
||||||||||||||
Japan: (continued)
|
||||||||||||||
2,600 | Tsuruha Holdings, Inc. |
$ | 326,447 | 0.2 | ||||||||||
10,400 | Welcia Holdings Co. Ltd. |
366,750 | 0.2 | |||||||||||
13,047,002 | 7.3 | |||||||||||||
Netherlands: 0.7%
|
||||||||||||||
1,027 | ASM
International NV |
398,468 | 0.2 | |||||||||||
20,952 | Koninklijke Ahold Delhaize NV |
706,866 | 0.4 | |||||||||||
3,786 | Koninklijke Philips NV |
174,471 | 0.1 | |||||||||||
1,279,805 | 0.7 | |||||||||||||
New Zealand: 0.1%
|
||||||||||||||
60,867 | Spark New Zealand Ltd. |
209,001 | 0.1 | |||||||||||
Norway: 0.1% |
||||||||||||||
4,687 | Yara International ASA |
235,395 | 0.1 | |||||||||||
Singapore: 0.2% |
||||||||||||||
53,800 | Singapore Exchange Ltd. |
394,879 | 0.2 | |||||||||||
Spain: 0.4% |
||||||||||||||
28,508 | Endesa S.A. |
685,394 | 0.4 | |||||||||||
Sweden: 0.3% |
||||||||||||||
53,165 | Swedish Match AB |
491,175 | 0.3 | |||||||||||
Switzerland: 1.4%
|
||||||||||||||
234 | Geberit AG-Reg |
195,415 | 0.1 | |||||||||||
9,891 | Holcim Ltd. |
563,604 | 0.3 | |||||||||||
550 | Roche
Holding AG |
220,855 | 0.2 | |||||||||||
973 | Sonova Holding AG-Reg |
374,964 | 0.2 | |||||||||||
2,456 | Zurich Insurance Group AG |
1,077,672 | 0.6 | |||||||||||
2,432,510 | 1.4 | |||||||||||||
United Kingdom: 4.1%
|
||||||||||||||
32,974 | 3i
Group PLC |
606,429 | 0.3 | |||||||||||
21,646 | British American Tobacco PLC |
812,017 | 0.5 | |||||||||||
84,769 | Direct Line Insurance Group PLC |
360,124 | 0.2 | |||||||||||
54,713 | GlaxoSmithKline PLC |
1,100,588 | 0.6 | |||||||||||
9,813 | Hikma
Pharmaceuticals PLC |
342,521 | 0.2 | |||||||||||
27,715 | Imperial Brands PLC |
587,748 | 0.3 | |||||||||||
5,460 | Janus
Henderson Group PLC |
236,746 | 0.1 | |||||||||||
2,248 | London Stock Exchange Group PLC |
246,255 | 0.1 | |||||||||||
7,833 | Reckitt Benckiser Group PLC |
597,983 | 0.3 | |||||||||||
64,145 | Sage
Group PLC/The |
655,085 | 0.4 | |||||||||||
19,198 | Segro
PLC |
339,308 | 0.2 | |||||||||||
23,442 | Standard Chartered PLC |
146,188 | 0.1 | |||||||||||
21,823 | United Utilities Group PLC |
317,362 | 0.2 | |||||||||||
492,964 | Vodafone Group PLC |
827,971 | 0.5 | |||||||||||
760 | Willis Towers Watson PLC |
167,747 | 0.1 | |||||||||||
7,344,072 | 4.1 | |||||||||||||
United States: 62.9%
|
||||||||||||||
18,239 | AbbVie, Inc. |
2,202,906 | 1.2 | |||||||||||
9,246 | Aflac, Inc. |
524,063 | 0.3 | |||||||||||
6,714 | Agilent Technologies, Inc. |
1,178,106 | 0.7 | |||||||||||
1,153 | Alexandria Real Estate Equities, Inc. |
237,945 | 0.1 |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued)
|
||||||||||||||
United States: (continued)
|
||||||||||||||
5,974 | Allison Transmission Holdings, Inc. |
$ | 220,919 | 0.1 | ||||||||||
2,072 | Allstate Corp. |
280,300 | 0.2 | |||||||||||
6,409 | Ally
Financial, Inc. |
339,036 | 0.2 | |||||||||||
28,623 | Altria Group, Inc. |
1,437,733 | 0.8 | |||||||||||
11,812 | Amdocs Ltd. |
909,878 | 0.5 | |||||||||||
8,739 | American Homes 4 Rent |
366,514 | 0.2 | |||||||||||
1,563 | American Tower Corp. |
456,662 | 0.3 | |||||||||||
6,817 | American Water Works Co., Inc. |
1,242,398 | 0.7 | |||||||||||
1,513 | Ameriprise Financial, Inc. |
412,913 | 0.2 | |||||||||||
1,253 | Ametek, Inc. |
170,370 | 0.1 | |||||||||||
5,465 | Amgen, Inc. |
1,232,521 | 0.7 | |||||||||||
90,105 | Antero Midstream Corp. |
865,909 | 0.5 | |||||||||||
1,201 | Anthem, Inc. |
450,531 | 0.3 | |||||||||||
2,710 | AO
Smith Corp. |
197,071 | 0.1 | |||||||||||
4,293 | Aptargroup, Inc. |
578,696 | 0.3 | |||||||||||
7,479 | Avnet, Inc. |
302,600 | 0.2 | |||||||||||
1,934 | Bank
of Hawaii Corp. |
162,089 | 0.1 | |||||||||||
14,536 | Bank
OZK |
616,763 | 0.3 | |||||||||||
3,984 | Becton Dickinson & Co. |
1,002,773 | 0.6 | |||||||||||
1,784 | Blackrock, Inc. |
1,682,829 | 0.9 | |||||||||||
13,816 | Blackstone, Inc. |
1,737,086 | 1.0 | |||||||||||
10,516 | Booz
Allen Hamilton Holding Corp. |
861,366 | 0.5 | |||||||||||
25,565 | Bristol-Myers Squibb Co. |
1,709,276 | 1.0 | |||||||||||
3,997 | Brookfield Renewable Corp. |
175,163 | 0.1 | |||||||||||
1,570 | Carlisle Cos., Inc. |
330,862 | 0.2 | |||||||||||
946 | Chemed Corp. |
450,958 | 0.3 | |||||||||||
3,485 | Chevron Corp. |
337,243 | 0.2 | |||||||||||
3,434 | Church & Dwight Co., Inc. |
287,288 | 0.2 | |||||||||||
1,090 | Cigna
Corp. |
230,699 | 0.1 | |||||||||||
41,824 | Cisco
Systems, Inc. |
2,468,453 | 1.4 | |||||||||||
8,227 | Citigroup, Inc. |
591,604 | 0.3 | |||||||||||
15,608 | Colgate-Palmolive Co. |
1,216,644 | 0.7 | |||||||||||
8,895 | Commerce Bancshares, Inc. |
629,054 | 0.4 | |||||||||||
10,848 | ConocoPhillips |
602,389 | 0.3 | |||||||||||
7,271 | Coresite Realty Corp. |
1,078,798 | 0.6 | |||||||||||
16,286 | Corporate Office Properties Trust SBI MD |
458,940 | 0.3 | |||||||||||
832 | Deere
& Co. |
314,521 | 0.2 | |||||||||||
3,886 | Dollar General Corp. |
866,228 | 0.5 | |||||||||||
2,441 | (1) |
DT
Midstream, Inc. |
113,433 | 0.1 | ||||||||||
4,883 | DTE
Energy Co. |
587,620 | 0.3 | |||||||||||
4,854 | Duke
Energy Corp. |
508,020 | 0.3 | |||||||||||
6,265 | Duke
Realty Corp. |
328,975 | 0.2 | |||||||||||
6,989 | Electronic Arts, Inc. |
1,014,873 | 0.6 | |||||||||||
2,042 | Emerson Electric Co. |
215,431 | 0.1 | |||||||||||
8,406 | Entergy Corp. |
929,788 | 0.5 | |||||||||||
825 | Equinix, Inc. |
695,846 | 0.4 | |||||||||||
111,435 | Equitrans Midstream Corp. |
972,828 | 0.5 | |||||||||||
1,571 | Everest Re Group Ltd. |
416,158 | 0.2 | |||||||||||
16,083 | Evergy, Inc. |
1,100,881 | 0.6 | |||||||||||
4,612 | Exelon Corp. |
226,080 | 0.1 | |||||||||||
2,003 | FedEx
Corp. |
532,177 | 0.3 | |||||||||||
8,598 | First
American Financial Corp. |
606,417 | 0.3 | |||||||||||
5,415 | First
Industrial Realty Trust, Inc. |
303,186 | 0.2 | |||||||||||
31,448 | Flowers Foods, Inc. |
758,840 | 0.4 | |||||||||||
3,823 | FMC
Corp. |
357,948 | 0.2 |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
PORTFOLIO
OF INVESTMENTS AS OF AUGUST 31, 2021 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued)
|
||||||||||||||
United States: (continued)
|
||||||||||||||
11,184 | Gaming and Leisure Properties, Inc. |
$ | 551,371 | 0.3 | ||||||||||
3,905 | Garmin Ltd. |
681,149 | 0.4 | |||||||||||
16,083 | General Mills, Inc. |
929,758 | 0.5 | |||||||||||
3,699 | Genpact Ltd. |
191,904 | 0.1 | |||||||||||
24,456 | Gentex Corp. |
753,245 | 0.4 | |||||||||||
21,079 | Gilead Sciences, Inc. |
1,534,130 | 0.9 | |||||||||||
23,843 | GrafTech International Ltd. |
263,942 | 0.1 | |||||||||||
4,498 | Hanover Insurance Group, Inc. |
635,612 | 0.4 | |||||||||||
5,421 | Hershey Co. |
963,312 | 0.5 | |||||||||||
3,578 | Honeywell International, Inc. |
829,774 | 0.5 | |||||||||||
496 | Humana, Inc. |
201,088 | 0.1 | |||||||||||
16,204 | International Paper Co. |
973,698 | 0.5 | |||||||||||
2,152 | Intuit, Inc. |
1,218,269 | 0.7 | |||||||||||
16,356 | Invitation Homes, Inc. |
673,540 | 0.4 | |||||||||||
18,585 | Johnson & Johnson |
3,217,621 | 1.8 | |||||||||||
11,353 | Johnson Controls International plc |
849,204 | 0.5 | |||||||||||
10,560 | JPMorgan Chase & Co. |
1,689,072 | 0.9 | |||||||||||
5,719 | Kimberly-Clark Corp. |
788,135 | 0.4 | |||||||||||
37,467 | Kinder Morgan, Inc. |
609,588 | 0.3 | |||||||||||
17,528 | Knight-Swift Transportation Holdings, Inc. |
910,229 | 0.5 | |||||||||||
4,888 | Kroger Co. |
224,995 | 0.1 | |||||||||||
13,269 | Lazard Ltd. |
628,951 | 0.4 | |||||||||||
4,129 | Leidos Holdings, Inc. |
405,096 | 0.2 | |||||||||||
4,526 | Life
Storage, Inc. |
563,215 | 0.3 | |||||||||||
1,713 | LPL
Financial Holdings, Inc. |
253,267 | 0.1 | |||||||||||
1,455 | MarketAxess Holdings, Inc. |
692,464 | 0.4 | |||||||||||
11,371 | Masco
Corp. |
690,447 | 0.4 | |||||||||||
1,594 | McDonalds Corp. |
378,511 | 0.2 | |||||||||||
4,775 | McKesson Corp. |
974,769 | 0.5 | |||||||||||
26,532 | Merck
& Co., Inc. |
2,024,126 | 1.1 | |||||||||||
3,742 | Microsoft Corp. |
1,129,635 | 0.6 | |||||||||||
8,414 | Mondelez International, Inc. |
522,257 | 0.3 | |||||||||||
3,019 | MSC
Industrial Direct Co. |
254,230 | 0.1 | |||||||||||
1,846 | MSCI,
Inc.-Class A |
1,171,435 | 0.7 | |||||||||||
6,975 | Nasdaq, Inc. |
1,365,566 | 0.8 | |||||||||||
6,787 | National Fuel Gas Co. |
351,635 | 0.2 | |||||||||||
7,375 | National Storage Affiliates Trust |
422,219 | 0.2 | |||||||||||
936 | NewMarket Corp. |
327,347 | 0.2 | |||||||||||
26,226 | NiSource, Inc. |
646,471 | 0.4 | |||||||||||
23,878 | Old
Republic International Corp. |
620,828 | 0.3 | |||||||||||
14,867 | Omega
Healthcare Investors, Inc. |
498,491 | 0.3 | |||||||||||
6,572 | Packaging Corp. of America |
996,972 | 0.6 | |||||||||||
9,872 | PepsiCo, Inc. |
1,543,882 | 0.9 | |||||||||||
55,702 | Pfizer, Inc. |
2,566,191 | 1.4 | |||||||||||
15,254 | Philip Morris International, Inc. |
1,571,162 | 0.9 | |||||||||||
8,737 | Phillips 66 |
621,113 | 0.3 | |||||||||||
3,453 | Pinnacle West Capital Corp. |
265,536 | 0.2 | |||||||||||
13,255 | Procter & Gamble Co. |
1,887,379 | 1.1 | |||||||||||
11,127 | Progressive Corp. |
1,071,975 | 0.6 |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued)
|
||||||||||||||
United States: (continued)
|
||||||||||||||
4,472 | Prosperity Bancshares, Inc. |
$ | 312,503 | 0.2 | ||||||||||
10,149 | Public Service Enterprise Group, Inc. |
648,927 | 0.4 | |||||||||||
5,548 | Qualcomm, Inc. |
813,836 | 0.5 | |||||||||||
1,293 | Regal
Beloit Corp. |
193,200 | 0.1 | |||||||||||
12,186 | Regions Financial Corp. |
248,960 | 0.1 | |||||||||||
9,957 | Republic Services, Inc. |
1,235,962 | 0.7 | |||||||||||
1,455 | Rockwell Automation, Inc. |
473,530 | 0.3 | |||||||||||
2,251 | Roper
Technologies, Inc. |
1,087,863 | 0.6 | |||||||||||
8,059 | Royal
Gold, Inc. |
897,209 | 0.5 | |||||||||||
3,951 | Ryder
System, Inc. |
314,065 | 0.2 | |||||||||||
2,536 | S&P Global, Inc. |
1,125,528 | 0.6 | |||||||||||
15,657 | Service Corp. International |
982,633 | 0.6 | |||||||||||
10,018 | Silgan Holdings, Inc. |
425,064 | 0.2 | |||||||||||
3,632 | Stifel Financial Corp. |
250,971 | 0.1 | |||||||||||
3,341 | Sun
Communities, Inc. |
673,178 | 0.4 | |||||||||||
30,234 | Switch, Inc. |
750,106 | 0.4 | |||||||||||
8,971 | Synchrony Financial |
446,307 | 0.3 | |||||||||||
3,005 | SYNNEX Corp. |
381,845 | 0.2 | |||||||||||
6,651 | T.
Rowe Price Group, Inc. |
1,488,959 | 0.8 | |||||||||||
7,250 | Target Corp. |
1,790,605 | 1.0 | |||||||||||
9,160 | Texas
Instruments, Inc. |
1,748,736 | 1.0 | |||||||||||
1,818 | Thermo Fisher Scientific, Inc. |
1,008,899 | 0.6 | |||||||||||
10,936 | Tradeweb Markets, Inc. |
951,541 | 0.5 | |||||||||||
4,008 | UMB
Financial Corp. |
367,053 | 0.2 | |||||||||||
31,728 | Umpqua Holdings Corp. |
617,744 | 0.3 | |||||||||||
1,979 | United Parcel Service, Inc.Class B |
387,152 | 0.2 | |||||||||||
929 | UnitedHealth Group, Inc. |
386,715 | 0.2 | |||||||||||
10,889 | US
Bancorp |
624,920 | 0.4 | |||||||||||
39,994 | Verizon Communications, Inc. |
2,199,670 | 1.2 | |||||||||||
9,557 | Washington Federal, Inc. |
318,248 | 0.2 | |||||||||||
8,612 | Waste
Management, Inc. |
1,335,807 | 0.7 | |||||||||||
12,604 | Wells
Fargo & Co. |
576,003 | 0.3 | |||||||||||
11,163 | Werner Enterprises, Inc. |
526,447 | 0.3 | |||||||||||
4,407 | Weyerhaeuser Co. |
158,652 | 0.1 | |||||||||||
45,105 | Williams Cos., Inc. |
1,113,642 | 0.6 | |||||||||||
7,418 | World
Fuel Services Corp. |
240,047 | 0.1 | |||||||||||
4,998 | Zoetis, Inc. |
1,022,391 | 0.6 | |||||||||||
112,346,322 | 62.9 | |||||||||||||
Total
Common Stock (Cost $143,294,192) |
171,594,858 | 96.1 | ||||||||||||
EXCHANGE-TRADED FUNDS: 2.1%
|
||||||||||||||
23,492 | iShares MSCI EAFE Value Index ETF |
1,220,644 | 0.7 | |||||||||||
15,410 | iShares Russell 1000 Value ETF |
2,513,217 | 1.4 | |||||||||||
Total
Exchange-Traded Funds (Cost $3,721,508) |
3,733,861 | 2.1 | ||||||||||||
Total
Long-Term Investments (Cost $147,015,700) |
175,328,719 | 98.2 |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
PORTFOLIO
OF INVESTMENTS AS OF AUGUST 31, 2021 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: 1.1%
|
||||||||||||||
Mutual Funds: 1.1%
|
||||||||||||||
1,974,000 | (3) |
BlackRock Liquidity Funds, FedFund, Institutional Class, 0.030% (Cost $1,974,000) |
$ | 1,974,000 | 1.1 | |||||||||
Total
Short-Term Investments (Cost $1,974,000) |
1,974,000 | 1.1 | ||||||||||||
Total Investments in Securities (Cost $148,989,700) |
$ | 177,302,719 | 99.3 | |||||||||||
Assets in Excess of Other Liabilities |
1,294,304 | 0.7 | ||||||||||||
Net Assets |
$ | 178,597,023 | 100.0 |
(1) |
Non-income producing security. | |
(2) |
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. | |
(3) |
Rate shown is the 7-day yield as of August 31, 2021. |
Sector Diversification | Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Financials |
21.9 | % | ||||
Health
Care |
14.6 | |||||
Industrials |
12.0 | |||||
Consumer
Staples |
9.4 | |||||
Information
Technology |
6.9 | |||||
Communication
Services |
6.3 | |||||
Utilities |
6.1 | |||||
Materials |
6.1 | |||||
Real
Estate |
4.6 | |||||
Energy |
4.2 | |||||
Consumer
Discretionary |
4.0 | |||||
Exchange-Traded
Funds |
2.1 | |||||
Short-Term
Investments |
1.1 | |||||
Assets in Excess
of Other Liabilities |
0.7 | |||||
Net
Assets |
100.0 | % |
Portfolio holdings are subject to change daily.
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, 2021 |
|||||||||||||||||
Asset
Table |
||||||||||||||||||||
Investments,
at fair value |
||||||||||||||||||||
Common
Stock |
||||||||||||||||||||
Australia |
$ | | $ | 5,081,667 | $ | | $ | 5,081,667 | ||||||||||||
Canada |
7,519,951 | | | 7,519,951 | ||||||||||||||||
China |
| 824,633 | | 824,633 | ||||||||||||||||
Denmark |
| 1,684,278 | | 1,684,278 | ||||||||||||||||
Finland |
| 1,906,208 | | 1,906,208 | ||||||||||||||||
France |
| 3,567,744 | | 3,567,744 | ||||||||||||||||
Germany |
| 4,534,683 | | 4,534,683 | ||||||||||||||||
Hong
Kong |
| 2,334,648 | | 2,334,648 | ||||||||||||||||
Ireland |
1,449,860 | 767,828 | | 2,217,688 | ||||||||||||||||
Israel |
| 511,782 | | 511,782 | ||||||||||||||||
Italy |
| 2,946,021 | | 2,946,021 | ||||||||||||||||
Japan |
| 13,047,002 | | 13,047,002 | ||||||||||||||||
Netherlands |
| 1,279,805 | | 1,279,805 | ||||||||||||||||
New
Zealand |
| 209,001 | | 209,001 | ||||||||||||||||
Norway |
| 235,395 | | 235,395 | ||||||||||||||||
Singapore |
| 394,879 | | 394,879 | ||||||||||||||||
Spain |
| 685,394 | | 685,394 | ||||||||||||||||
Sweden |
| 491,175 | | 491,175 | ||||||||||||||||
Switzerland |
| 2,432,510 | | 2,432,510 | ||||||||||||||||
United
Kingdom |
764,617 | 6,579,455 | | 7,344,072 | ||||||||||||||||
United
States |
112,346,322 | | | 112,346,322 | ||||||||||||||||
Total Common
Stock |
122,080,750 | 49,514,108 | | 171,594,858 | ||||||||||||||||
Exchange-Traded
Funds |
3,733,861 | | | 3,733,861 | ||||||||||||||||
Short-Term
Investments |
1,974,000 | | | 1,974,000 | ||||||||||||||||
Total
Investments, at fair value |
$ | 127,788,611 | $ | 49,514,108 | $ | | $ | 177,302,719 | ||||||||||||
Other
Financial Instruments+ |
||||||||||||||||||||
Forward Foreign
Currency Contracts |
| 1,150,385 | | 1,150,385 | ||||||||||||||||
Total
Assets |
$ | 127,788,611 | $ | 50,664,493 | $ | | $ | 178,453,104 |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
PORTFOLIO
OF INVESTMENTS AS OF AUGUST 31, 2021 (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, 2021 | ||||||||||||||||||
Liabilities
Table |
|||||||||||||||||||||
Other
Financial Instruments+ |
|||||||||||||||||||||
Forward Foreign
Currency Contracts |
$ | | $ | (22,130 | ) | $ | | $ | (22,130 | ) | |||||||||||
Written
Options |
| (1,012,212 | ) | | (1,012,212 | ) | |||||||||||||||
Total
Liabilities |
$ | | $ | (1,034,342 | ) | $ | | $ | (1,034,342 | ) |
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 fair valued at the unrealized appreciation (depreciation) 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. |
At August 31, 2021, the following forward foreign currency contracts were outstanding for Voya Global Advantage and Premium Opportunity Fund:
Currency Purchased | Currency Sold | Counterparty | Settlement Date |
Unrealized Appreciation (Depreciation) |
|||||||||||||
USD | 13,360,617 | JPY | 1,472,100,000 | Barclays Bank PLC |
09/17/21 |
$ | (22,130 | ) | |||||||||
USD | 5,362,942 | AUD | 7,000,000 | Morgan Stanley & Co. International PLC |
09/17/21 |
241,602 | |||||||||||
USD | 2,330,406 | CHF | 2,100,000 | Morgan Stanley & Co. International PLC |
09/17/21 |
36,289 | |||||||||||
USD | 7,053,025 | GBP | 5,000,000 | State Street Bank and Trust Co. |
09/17/21 |
178,472 | |||||||||||
USD | 14,952,790 | EUR | 12,300,000 | State Street Bank and Trust Co. |
09/17/21 |
424,944 | |||||||||||
USD | 6,609,829 | CAD | 8,000,000 | State Street Bank and Trust Co. |
09/17/21 |
269,077 | |||||||||||
USD | 1,555 | GBP | 1,131 | The Bank of New York Mellon |
09/02/21 |
1 | |||||||||||
$ | 1,128,255 |
Description | Counterparty | Put/Call | Expiration Date |
Exercise Price |
Number of Contracts |
Notional Amount |
Premiums Received |
Fair Value | |||||||||||||||||||||
Consumer Staples Select Sector SPDR® Fund |
BNP Paribas | Call | 09/10/21 | USD | 72.230 | 162,215 | USD | 11,721,656 | $ | 121,807 | $ | (109,777 | ) | ||||||||||||||||
EURO STOXX 50®
Index |
Morgan Stanley & Co. International PLC |
Call |
10/08/21 |
EUR | 4,232.890 | 1,002 | EUR | 4,204,803 | 53,501 | (58,347 | ) | ||||||||||||||||||
Financial Select Sector SPDR® Fund |
BNP Paribas |
Call |
09/24/21 |
USD | 38.970 | 565,060 | USD | 21,698,304 | 376,047 | (215,646 | ) | ||||||||||||||||||
FTSE 100 Index |
Morgan Stanley & Co. International PLC |
Call |
10/08/21 |
GBP | 7,219.490 | 1,497 | GBP | 10,658,191 | 142,865 | (126,351 | ) | ||||||||||||||||||
Health Care Select Sector SPDR® Fund |
BNP Paribas |
Call |
09/24/21 |
USD | 135.030 | 59,840 | USD | 8,090,966 | 90,478 | (106,172 | ) | ||||||||||||||||||
Industrial Select Sector SPDR® Fund |
Morgan Stanley & Co. International PLC |
Call |
09/10/21 |
USD | 104.390 | 180,921 | USD | 18,908,054 | 330,054 | (227,497 | ) | ||||||||||||||||||
Nikkei 225 Index |
UBS AG |
Call |
10/08/21 |
JPY | 27,917.550 | 35,027 | JPY | 983,892,318 | 126,065 | (168,422 | ) | ||||||||||||||||||
$ | 1,240,817 | $ | (1,012,212 | ) |
Currency Abbreviations | ||
AUD |
Australian Dollar | |
CAD |
Canadian Dollar | |
CHF |
Swiss Franc | |
EUR |
EU Euro | |
GBP |
British Pound | |
JPY | Japanese Yen | |
USD | United States Dollar |
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND |
PORTFOLIO
OF INVESTMENTS AS OF AUGUST 31, 2021 (UNAUDITED) (CONTINUED) |
A summary of derivative instruments by primary risk exposure is outlined in the following tables.
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 |
$ | 1,150,385 | |||||
Total Asset
Derivatives |
$ | 1,150,385 | ||||||
Liability
Derivatives |
||||||||
Foreign exchange
contracts |
Unrealized depreciation on forward foreign currency contracts |
$ | 22,130 | |||||
Equity
contracts |
Written options, at fair value |
1,012,212 | ||||||
Total Liability
Derivatives |
$ | 1,034,342 |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income |
||||||||||||||||
Derivatives not accounted for as hedging instruments |
Forward foreign currency contracts |
Written options | Total | |||||||||||||
Equity
contracts |
$ | | $ | (5,313,885 | ) | $ | (5,313,885 | ) | ||||||||
Foreign exchange
contracts |
782,673 | | 782,673 | |||||||||||||
Total |
$ | 782,673 | $ | (5,313,885 | ) | $ | (4,531,212 | ) | ||||||||
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income |
||||||||||||||||
Derivatives not accounted for as hedging instruments |
Forward foreign currency contracts |
Written options | Total | |||||||||||||
Equity
contracts |
$ | | $ | 475,795 | $ | 475,795 | ||||||||||
Foreign exchange
contracts |
224,640 | | 224,640 | |||||||||||||
Total |
$ | 224,640 | $ | 475,795 | $ | 700,435 |
Barclays Bank PLC |
BNP Paribas |
Morgan Stanley & Co. International PLC |
State
Street Bank and Trust Co. |
The
Bank of New York Mellon |
UBS AG | Totals | ||||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||||||
Forward foreign
currency contracts |
$ | | $ | | $ | 277,891 | $ | 872,493 | $ | 1 | $ | | $ | 1,150,385 | ||||||||||||||||||||||
Total
Assets |
$ | | $ | | $ | 277,891 | $ | 872,493 | $ | 1 | $ | | $ | 1,150,385 | ||||||||||||||||||||||
Liabilities: |
||||||||||||||||||||||||||||||||||||
Forward foreign
currency contracts |
$ | 22,130 | $ | | $ | | $ | | $ | | $ | | $ | 22,130 | ||||||||||||||||||||||
Written
options |
| 431,595 | 412,195 | | | 168,422 | 1,012,212 | |||||||||||||||||||||||||||||
Total
Liabilities |
$ | 22,130 | $ | 431,595 | $ | 412,195 | $ | | $ | | $ | 168,422 | $ | 1,034,342 | ||||||||||||||||||||||
Net OTC
derivative instruments by counterparty, at fair value |
$ | (22,130 | ) | $ | (431,595 | ) | $ | (134,304 | ) | $ | 872,493 | $ | 1 | $ | (168,422 | ) | $ | 116,043 | ||||||||||||||||||
Total
collateral pledged by the Fund/(Received from counterparty) |
$ | | $ | 340,000 | $ | 30,000 | $ | | $ | | $ | | $ | 370,000 | ||||||||||||||||||||||
Net
Exposure(1) |
$ | (22,130 | ) | $ | (91,595 | ) | $ | (104,304 | ) | $ | 872,493 | $ | 1 | $ | (168,422 | ) | $ | 486,043 |
(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 $145,541,166. | ||||||
Net unrealized
appreciation consisted of: |
||||||
Gross
Unrealized Appreciation |
$ | 32,155,956 | ||||
Gross
Unrealized Depreciation |
(260,028 | ) | ||||
Net Unrealized
Appreciation |
$ | 31,895,928 |
1 |
At this meeting, a proposal was submitted to elect three members of the Board of Trustees to represent the interests of the holders of the Fund, with these individuals to serve as Class I 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 I Trustees |
Voya Global
Advantage and Premium Opportunity Fund |
||||||||||||||
Colleen D.
Baldwin |
1* | 15,584,215.908 | 367,366.000 | 0.000 | 0.000 | 15,951,581.908 | |||||||||
Joseph E.
Obermeyer |
1* | 15,481,266.908 | 470,315.000 | 0.000 | 0.000 | 15,951,581.908 | |||||||||
Christopher P.
Sullivan |
1* | 15,596,368.908 | 355,213.000 | 0.000 | 0.000 | 15,951,581.908 |
* |
Proposal Passed |
Declaration Date | Ex Date | Record Date | Payable Date | |||
---|---|---|---|---|---|---|
March 15, 2021 | April 1, 2021 | April 5, 2021 | April 15, 2021 | |||
June 15, 2021 | July 1, 2021 | July 2, 2021 | July 15, 2021 | |||
September 15, 2021 | October 1, 2021 | October 4, 2021 | October 15, 2021 | |||
December 15, 2021 | December 30, 2021 | December 31, 2021 | January 18, 2022 |
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
Ropes & Gray LLP
Prudential Tower
800 Boylston Street
Boston, Massachusetts 02199
Toll-Free Shareholder Information
Call us from 9:00 a.m. to 7:00 p.m. Eastern time on any business day for account or other information at (800) 992-0180.
RETIREMENT Ι INVESTMENTS Ι INSURANCE
voyainvestments.com
163318 (0821-102121)
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.
Schedule is included as part of the report to shareholders filed under Item 1 of this Form.
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.
Period* | (a) Total Number of Shares (or Units) Purchased | (b) Average Price Paid per Share (or Unit) | (c) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs | (d) Maximum
Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs | ||||||||||||
Mar 1-31, 2021 | ||||||||||||||||
April 1-30, 2021 | ||||||||||||||||
May 1-31, 2021* | 1,819,925 | $ | 10.33 | 1,819,925 | 0 | |||||||||||
June 1-30, 2021 | ||||||||||||||||
July 1-31, 2021 | ||||||||||||||||
Total | 1,819,925 | 1,819,925 |
* On February 22, 2021, the Registrant announced it would purchase for cash up to 10% of its outstanding common shares (the “Tender Offer”). The Tender Offer was at a price equal to 98% of the Fund’s NAV per share as determined as of the close of the regular trading session of the NYSE on May 25, 2021.
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)(3) | Not required for semi-annual filing. |
(b) | The officer certifications required by Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto as EX-99.906CERT. |
(c) | Notices to the registrant's common shareholders in accordance with the order under Section 6(c) of the Investment Company Act of 1940 (the “1940 Act”) granting an exemption from Section 19(b) of the 1940 Act and Rule 19b-1 under the 1940 Act, dated August 16, 2011.1 |
(c)(1) | 2nd Qtr 2021 |
(c)(2) | 3rd Qtr 2021 |
1 The Fund has received exemptive relief from the Securities and Exchange Commission permitting it to make periodic distributions of long-term capital gains with respect to its outstanding common stock as frequently as twelve times each year, and as frequently as distributions are specified by or in accordance with the terms of its outstanding preferred stock. This relief is conditioned, in part, on an undertaking by the Fund to make the disclosures to the holders of the Fund's common shares, in addition to the information required by Section 19(a) of the 1940 Act and Rule 19a-1 thereunder. The Fund is likewise obligated to file with the SEC the information contained in any such notice to shareholders and, in that regard, has attached hereto copies of each such notice made during the period.
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 4, 2021
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 4, 2021
By | /s/ Todd Modic | |
Todd Modic | ||
Senior Vice President and Chief Financial Officer |
Date: November 4, 2021
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 4, 2021 | /s/ Michael Bell |
Michael Bell | |
Chief Executive Officer | |
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 4, 2021 | /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, 2021 |
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 4th day of November, 2021.
/s/ Michael Bell | |
Michael Bell | |
Chief Executive Officer |
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, 2021 |
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 4th day of November, 2021.
/s/ Todd Modic | |
Todd Modic | |
Senior Vice President and Chief Financial Officer |
Exhibit 99.Item 13(c)(1)
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND
Dear Shareholders,
This Section 19(a) Notice provides shareholders of Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) with important information concerning its distribution declared in March 2021. This Section 19(a) Notice is issued as required by the Fund’s Managed Distribution Plan (the “Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make quarterly cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the April distribution. It is not determinative of the tax character of the Fund’s distributions for the 2021 calendar year. Shareholders should note that the Fund’s total regular distribution amount is subject to change as a result of market conditions or other factors.
The amounts and sources of distributions reported in this notice are estimates, are not being provided for tax reporting purposes and the distribution may later be determined to be from other sources including realized short-term gains, long-term gains, to the extent permitted by law, and return of capital. The actual amounts and sources for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Distribution Period: First Quarter 2021, Payable April 15, 2021
Distribution Amount per Common Share: $0.197
The following table sets forth an estimate of the sources of the Fund’s April distribution and its cumulative distributions paid this fiscal year to date. Amounts are expressed on a per common share basis and as a percentage of the distribution amount.
Voya Global Advantage and Premium Opportunity Fund
Cumulative | % of the Cumulative | |||||||||||||||
Current | % of Current | Distributions for the | Distributions for the | |||||||||||||
Source | Distribution | Distribution | Fiscal Year-to-Date | Fiscal Year-to-Date1 | ||||||||||||
Net Investment Income | $ | 0.058 | 29.59 | % | $ | 0.058 | 29.59 | % | ||||||||
Net Realized Short-Term Capital Gains | $ | 0.000 | 0.00 | % | $ | 0.000 | 0.00 | % | ||||||||
Net Realized Long-Term Capital Gains | $ | 0.000 | 0.00 | % | $ | 0.000 | 0.00 | % | ||||||||
Return of Capital or Other Capital Source(s) | $ | 0.139 | 70.41 | % | $ | 0.139 | 70.41 | % | ||||||||
Total per common share | $ | 0.197 | 100.00 | % | $ | 0.197 | 100.00 | % |
1 The Fund’s fiscal year is March 1, 2021 to February 28, 2022.
IMPORTANT DISCLOSURE: You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income.’ The amounts and sources of distributions reported in this Section 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
SEC-19-IGA-04152021
Set forth in the table below is information relating to the Fund’s performance based on its net asset value (NAV) for certain periods.
Average annual total return at NAV for the five year period ended on March 31, 20211 | 7.66% |
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 20212 | 7.58% |
Cumulative total return at NAV for the fiscal year through March 31, 20213 | 5.06% |
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 20214 | 1.90% |
1 | Average annual total return at NAV represents the compound average of the annual NAV total returns of the Fund for the five year period ended on March 31, 2021. |
2 | The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2021. |
3 | Cumulative total return at NAV is the percentage change in the Fund’s NAV for the period from the beginning of its fiscal year to March 31, 2021 including distributions paid and assuming reinvestment of those distributions. |
4 | Cumulative fiscal year distribution rate for the period from the year-to-date period as a percentage of the Fund’s NAV as of March 31, 2021. |
SEC-19-IGA-04152021
Exhibit 99.Item 13(c)(2)
VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND
Dear Shareholders,
This Section 19(a) Notice provides shareholders of Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) with important information concerning its distribution declared in June 2021. This Section 19(a) Notice is issued as required by the Fund’s Managed Distribution Plan (the “Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make quarterly cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the July distribution. It is not determinative of the tax character of the Fund’s distributions for the 2021 calendar year. Shareholders should note that the Fund’s total regular distribution amount is subject to change as a result of market conditions or other factors.
The amounts and sources of distributions reported in this notice are estimates, are not being provided for tax reporting purposes and the distribution may later be determined to be from other sources including realized short-term gains, long-term gains, to the extent permitted by law, and return of capital. The actual amounts and sources for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Distribution Period: Second Quarter 2021, Payable July 15, 2021
Distribution Amount per Common Share: $0.197
The following table sets forth an estimate of the sources of the Fund’s July distribution and its cumulative distributions paid this fiscal year to date. Amounts are expressed on a per common share basis and as a percentage of the distribution amount.
Voya Global Advantage and Premium Opportunity Fund
Cumulative | % of the Cumulative | |||||||||||||||
Current | % of Current | Distributions for the | Distributions for the | |||||||||||||
Source | Distribution | Distribution | Fiscal Year-to-Date | Fiscal Year-to-Date1 | ||||||||||||
Net Investment Income | $ | 0.054 | 27.49 | % | $ | 0.112 | 28.54 | % | ||||||||
Net Realized Short-Term Capital Gains | $ | 0.000 | 0.00 | % | $ | 0.000 | 0.00 | % | ||||||||
Net Realized Long-Term Capital Gains | $ | 0.000 | 0.00 | % | $ | 0.000 | 0.00 | % | ||||||||
Return of Capital or Other Capital Source(s) | $ | 0.143 | 72.51 | % | $ | 0.282 | 71.46 | % | ||||||||
Total per common share | $ | 0.197 | 100.00 | % | $ | 0.394 | 100.00 | % |
1 The Fund’s fiscal year is March 1, 2021 to February 28, 2022.
IMPORTANT DISCLOSURE: You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income.’ The amounts and sources of distributions reported in this Section 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
SEC-19-IGA-07152021
Set forth in the table below is information relating to the Fund’s performance based on its net asset value (NAV) for certain periods.
Average annual total return at NAV for the five year period ended on June 30, 20211 | 8.51% |
Annualized current distribution rate expressed as a percentage of NAV as of June 30, 20212 | 7.37% |
Cumulative total return at NAV for the fiscal year through June 30, 20213 | 10.32% |
Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 20214 | 1.84% |
1 | Average annual total return at NAV represents the compound average of the annual NAV total returns of the Fund for the five year period ended on June 30, 2021. |
2 | The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of June 30, 2021. |
3 | Cumulative total return at NAV is the percentage change in the Fund’s NAV for the period from the beginning of its fiscal year to June 30, 2021 including distributions paid and assuming reinvestment of those distributions. |
4 | Cumulative fiscal year distribution rate for the period from the year-to-date period as a percentage of the Fund’s NAV as of June 30, 2021. |
SEC-19-IGA-07152021
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