Voya Shareholders Approve Conversion of IAE and IHD Funds to Open-End Structure

Key Facts

1Shareholders approved the reorganization of Voya's IAE and IHD closed-end funds into the Voya Multi-Manager Emerging Markets Equity open-end fund.

2Trading on the NYSE will cease at the close on October 13, 2026, with the reorganization expected to complete after the close on October 16.

Shareholders approved the reorganization of Voya's IAE and IHD closed-end funds into the Voya Multi-Manager Emerging Markets Equity open-end fund. Seeking Alpha reported that the move transitions the existing structures into a single open-end mutual fund, allowing investors to trade closer to the underlying asset value.

Trading on the New York Stock Exchange is scheduled to cease at the close on October 13, 2026, with the full reorganization expected to complete after the close on October 16, 2026. The conversion is designed to eliminate persistent trading discounts to Net Asset Value (NAV), which were identified at -1.11% and -2.22%, thereby realizing immediate value for current fund holders.