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: 811-22004
Voya Asia Pacific High Dividend Equity Income 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) |
Huey P. Falgout Jr., 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ 85258
(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, 2020 to August 31, 2020
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 Fund’s 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 fund’s investment objectives, risks, charges, expenses and other information. This information should be read carefully. | | |
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| | Sign up now for on-line prospectuses, fund reports, and proxy statements. In less than five minutes, you can help reduce paper mail and lower fund costs. | | | ||||||
| | Just go to www.individuals.voya.com/page/e-delivery, follow the directions and complete the quick 5 Steps to Enroll. | | | ||||||
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President
Voya Family of Funds
September 17, 2020
| | Index | | | | Description | | |
| | Hang Seng Index | | | | A free float-adjusted market capitalization-weighted stock market index in Hong Kong. | | |
| | Korean Stock Exchange KOSPI 200 Index (“KOSPI 200”) | | | | An index tracking the 200 largest companies that trade on the Korea Exchange. | | |
| | MSCI All Country Asia Pacific ex-Japan® Index | | | | A free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of Asia, excluding Japan. | | |
| | MSCI Japan® Index | | | | A free float-adjusted market capitalization index that is designed to measure developed market equity performance in Japan. | | |
| | S&P/ASX 200 Index (“ASX”) | | | | An investable benchmark for the Australian equity market and it addresses the needs of investment managers seeking to benchmark against a portfolio characterized by sufficient size and liquidity. The index measures the performance of the 200 largest index-eligible stocks listed on the Australian Securities Exchange by float-adjusted market capitalization. Representative, liquid, and tradable, it is widely considered Australia’s preeminent benchmark index. The index is float adjusted, covering approximately 80% of Australian equity market capitalization. | | |
| | Taiwan Stock Exchange Weighted Index (“TWSE”) | | | | The index is a capitalization-weighted index of all listed common shares traded on the Taiwan Stock Exchange. | | |
Portfolio Managers’ Report | Voya Asia Pacific High Dividend Equity Income Fund |
| Geographic Diversification as of August 31, 2020 (as a percentage of net assets) | | |||
| | | | ||
| China | | | 38.9% | |
| Australia | | | 14.1% | |
| Taiwan | | | 12.0% | |
| South Korea | | | 10.7% | |
| India | | | 7.7% | |
| Hong Kong | | | 6.2% | |
| Indonesia | | | 2.1% | |
| Singapore | | | 1.4% | |
| Malaysia | | | 1.3% | |
| Countries between 0.4% – 1.0%^ | | | 1.8% | |
| Assets in Excess of Other Liabilities* | | | 3.8% | |
| Net Assets | | | 100.0% | |
| * Includes short-term investments and exchange-traded funds. | | |||
| ^ Includes 3 countries, which each represents 0.4% – 1.0% of net assets. | | |||
| Portfolio holdings are subject to change daily. | |
| Top Ten Holdings as of August 31, 2020 (as a percentage of net assets) | | |||
| | | | ||
| Alibaba Group Holding Ltd. ADR | | | 6.9% | |
| Tencent Holdings Ltd. | | | 5.9% | |
| Taiwan Semiconductor Manufacturing Co., Ltd. | | | 4.7% | |
| Samsung Electronics Co., Ltd. | | | 3.2% | |
| iShares MSCI All Country Asia ex-Japan Index Fund | | | 2.4% | |
| BHP Group Ltd. | | | 1.8% | |
| Ping An Insurance Group Co. of China Ltd. - H Shares | | | 1.5% | |
| Infosys Ltd. | | | 1.4% | |
| Kakao Corp. | | | 1.2% | |
| Macquarie Group Ltd. | | | 1.1% | |
| Portfolio holdings are subject to change daily. | |
Voya Asia Pacific High Dividend Equity Income Fund | Portfolio Managers’ Report |
| ASSETS: | | | | | | | |
| Investments in securities at fair value* | | | | $ | 104,855,816 | | |
| Short-term investments at fair value† | | | | | 641,000 | | |
| Cash | | | | | 400,576 | | |
| Cash pledged as collateral for OTC derivatives (Note 2) | | | | | 690,000 | | |
| Foreign currencies at value‡ | | | | | 82,464 | | |
| Receivables: | | | | | | | |
| Investment securities and currencies sold | | | | | 7,396 | | |
| Dividends | | | | | 274,387 | | |
| Interest | | | | | 272 | | |
| Foreign tax reclaims | | | | | 107 | | |
| Prepaid expenses | | | | | 812 | | |
| Other assets | | | | | 6,599 | | |
| Total assets | | | | | 106,959,429 | | |
| LIABILITIES: | | | | | | | |
| Payable for investment securities and currencies purchased | | | | | 7,425 | | |
| Payable for investment management fees | | | | | 94,517 | | |
| Payable to trustees under the deferred compensation plan (Note 6) | | | | | 6,599 | | |
| Payable for trustee fees | | | | | 487 | | |
| Other accrued expenses and liabilities | | | | | 70,540 | | |
| Written options, at fair value^ | | | | | 464,006 | | |
| Total liabilities | | | | | 643,574 | | |
| NET ASSETS | | | | $ | 106,315,855 | | |
| NET ASSETS WERE COMPRISED OF: | | | | | | | |
| Paid-in capital | | | | $ | 125,446,790 | | |
| Total distributable loss | | | | | (19,130,935) | | |
| NET ASSETS | | | | $ | 106,315,855 | | |
| * Cost of investments in securities | | | | $ | 100,201,322 | | |
| † Cost of short-term investments | | | | $ | 641,000 | | |
| ‡ Cost of foreign currencies | | | | $ | 81,795 | | |
| ^ Premiums received on written options | | | | $ | 516,352 | | |
| Net assets | | | | $ | 106,315,855 | | |
| Shares authorized | | | | | unlimited | | |
| Par value | | | | $ | 0.010 | | |
| Shares outstanding | | | | | 11,898,854 | | |
| Net asset value | | | | $ | 8.93 | | |
| INVESTMENT INCOME: | | | | | | | |
| Dividends, net of foreign taxes withheld* | | | | $ | 2,119,558 | | |
| Interest | | | | | 455 | | |
| Total investment income | | | | | 2,120,013 | | |
| EXPENSES: | | | | | | | |
| Investment management fees | | | | | 515,429 | | |
| Transfer agent fees | | | | | 10,317 | | |
| Shareholder reporting expense | | | | | 19,304 | | |
| Professional fees | | | | | 27,996 | | |
| Custody and accounting expense | | | | | 34,288 | | |
| Trustee fees | | | | | 1,948 | | |
| Miscellaneous expense | | | | | 19,271 | | |
| Total expenses | | | | | 628,553 | | |
| Net investment income | | | | | 1,491,460 | | |
| REALIZED AND UNREALIZED GAIN (LOSS): | | | | | | | |
| Net realized gain (loss) on: | | | | | | | |
| Investments | | | | | (5,981,448) | | |
| Foreign currency related transactions | | | | | 34,081 | | |
| Written options | | | | | (113,424) | | |
| Net realized loss | | | | | (6,060,791) | | |
| Net change in unrealized appreciation (depreciation) on: | | | | | | | |
| Investments | | | | | 12,090,019 | | |
| Foreign currency related transactions | | | | | 17,656 | | |
| Written options | | | | | (369,944) | | |
| Net change in unrealized appreciation (depreciation) | | | | | 11,737,731 | | |
| Net realized and unrealized gain | | | | | 5,676,940 | | |
| Increase in net assets resulting from operations | | | | $ | 7,168,400 | | |
| * Foreign taxes withheld | | | | $ | 227,596 | | |
| | | Six Months Ended August 31, 2020 (Unaudited) | | | Year Ended February 29, 2020 | | ||||||
FROM OPERATIONS: | | | | | | | | | | | | | |
Net investment income | | | | $ | 1,491,460 | | | | | $ | 2,814,836 | | |
Net realized loss | | | | | (6,060,791) | | | | | | (11,600,410) | | |
Net change in unrealized appreciation (depreciation) | | | | | 11,737,731 | | | | | | (160,205) | | |
Increase (decrease) in net assets resulting from operations | | | | | 7,168,400 | | | | | | (8,945,779) | | |
FROM DISTRIBUTIONS TO SHAREHOLDERS: | | | | | | | | | | | | | |
Total distributions (excluding return of capital): | | | | | (1,084,270) | | | | | | (3,263,699) | | |
Return of capital | | | | | (4,032,237) | | | | | | (6,731,338) | | |
Total distributions | | | | | (5,116,507) | | | | | | (9,995,037) | | |
Net increase (decrease) in net assets | | | | | 2,051,893 | | | | | | (18,940,816) | | |
NET ASSETS: | | | | | | | | | | | | | |
Beginning of year or period | | | | | 104,263,962 | | | | | | 123,204,778 | | |
End of year or period | | | | $ | 106,315,855 | | | | | $ | 104,263,962 | | |
| | | 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 (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 (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) | | | (%) | | | (%) | | | (%) | | | (%) | | ||||||||||||||||||||||||||||||||||||||||||
08-31-20+ | | | | | 8.76 | | | | | | 0.13• | | | | | | 0.47 | | | | | | 0.60 | | | | | | 0.09 | | | | | | — | | | | | | 0.34 | | | | | | 0.43 | | | | | | 8.93 | | | | | | 7.85 | | | | | | 8.10 | | | | | | 10.99 | | | | 106,316 | | | 1.28 | | | 1.28 | | | | | 3.04 | | | | | | 28 | | |
02-29-20 | | | | | 10.35 | | | | | | 0.24 | | | | | | (0.99) | | | | | | (0.75) | | | | | | 0.27 | | | | | | — | | | | | | 0.57 | | | | | | 0.84 | | | | | | 8.76 | | | | | | 7.50 | | | | | | (7.00) | | | | | | (11.77) | | | | 104,264 | | | 1.31 | | | 1.31 | | | | | 2.45 | | | | | | 105 | | |
02-28-19 | | | | | 11.67 | | | | | | 0.21 | | | | | | (0.71) | | | | | | (0.50) | | | | | | 0.18 | | | | | | — | | | | | | 0.64 | | | | | | 0.82 | | | | | | 10.35 | | | | | | 9.34 | | | | | | (3.24) | | | | | | (3.50) | | | | 123,205 | | | 1.37 | | | 1.37 | | | | | 2.02 | | | | | | 38 | | |
02-28-18 | | | | | 11.09 | | | | | | 0.24 | | | | | | 1.16 | | | | | | 1.40 | | | | | | 0.31 | | | | | | — | | | | | | 0.51 | | | | | | 0.82 | | | | | | 11.67 | | | | | | 10.56 | | | | | | 13.60 | | | | | | 17.28 | | | | 138,821 | | | 1.35 | | | 1.35 | | | | | 2.03 | | | | | | 37 | | |
02-28-17 | | | | | 9.39 | | | | | | 0.25 | | | | | | 2.42 | | | | | | 2.67 | | | | | | 0.29 | | | | | | — | | | | | | 0.68 | | | | | | 0.97 | | | | | | 11.09 | | | | | | 9.72 | | | | | | 31.11 | | | | | | 32.20 | | | | 134,500 | | | 1.35 | | | 1.35 | | | | | 2.41 | | | | | | 29 | | |
02-29-16 | | | | | 13.10 | | | | | | 0.29 | | | | | | (2.85) | | | | | | (2.56) | | | | | | 0.55 | | | | | | — | | | | | | 0.60 | | | | | | 1.15 | | | | | | 9.39 | | | | | | 8.16 | | | | | | (19.80) | | | | | | (23.19) | | | | 118,831 | | | 1.32 | | | 1.32 | | | | | 2.60 | | | | | | 41 | | |
02-28-15 | | | | | 13.34 | | | | | | 0.27 | | | | | | 0.77 | | | | | | 1.04 | | | | | | 0.35 | | | | | | — | | | | | | 0.93 | | | | | | 1.28 | | | | | | 13.10 | | | | | | 11.89 | | | | | | 8.84 | | | | | | 6.53 | | | | 165,757 | | | 1.40 | | | 1.40 | | | | | 1.99 | | | | | | 28 | | |
02-28-14 | | | | | 15.93 | | | | | | 0.35 | | | | | | (1.59) | | | | | | (1.24) | | | | | | 1.35 | | | | | | — | | | | | | — | | | | | | 1.35 | | | | | | 13.34 | | | | | | 12.37 | | | | | | (7.51) | | | | | | (14.02) | | | | 168,760 | | | 1.47 | | | 1.47 | | | | | 2.44 | | | | | | 64 | | |
02-28-13 | | | | | 16.51 | | | | | | 0.29• | | | | | | 0.63 | | | | | | 0.92 | | | | | | 0.55 | | | | | | — | | | | | | 0.95 | | | | | | 1.50 | | | | | | 15.93 | | | | | | 15.89 | | | | | | 6.32 | | | | | | 2.04 | | | | 201,491 | | | 1.42 | | | 1.42 | | | | | 1.90 | | | | | | 130 | | |
02-29-12 | | | | | 18.16 | | | | | | 0.38• | | | | | | (0.35) | | | | | | 0.03 | | | | | | 0.98 | | | | | | — | | | | | | 0.70 | | | | | | 1.68 | | | | | | 16.51 | | | | | | 17.16 | | | | | | 0.63 | | | | | | 0.92 | | | | 207,419 | | | 1.49 | | | 1.49 | | | | | 2.35 | | | | | | 123 | | |
02-28-11 | | | | | 17.02 | | | | | | 0.33• | | | | | | 2.54 | | | | | | 2.87 | | | | | | 1.73 | | | | | | — | | | | | | — | | | | | | 1.73 | | | | | | 18.16 | | | | | | 18.82 | | | | | | 17.31 | | | | | | 14.64 | | | | 225,975 | | | 1.42 | | | 1.42 | | | | | 1.86 | | | | | | 112 | | |
| Tax Year Ended December 31, 2019 | | | Tax Year Ended December 31, 2018 | | |||||||||||||||
| Ordinary Income | | | Return of Capital | | | Ordinary Income | | | Return of Capital | | |||||||||
| $3,263,699 | | | | $ | 6,731,338 | | | | | $ | 2,129,109 | | | | | $ | 7,627,951 | | |
| Late Year Ordinary Losses Deferred | | | Post-October Capital Losses Deferred | | | Unrealized Appreciation/ (Depreciation) | | | Capital Loss Carryforwards | | |||||||||||||||||||||
| Amount | | | Character | | | Expiration | | ||||||||||||||||||||||||
| $(463,599) | | | | $ | (941,217) | | | | | $ | 945,961 | | | | | $ | (5,075,422) | | | | | | Short-term | | | | | | None | | |
| | | | | | | | | | | | | | | | | | (10,619,434) | | | | | | Long-term | | | | | | None | | |
| | | | | | | | | | | | | | | | | $ | (15,694,856) | | | | | | | | | | | | | | |
| Per Share Amount | | | Declaration Date | | | Payable Date | | | Record Date | | |||||||||
| $0.215 | | | | | 9/15/2020 | | | | | | 10/15/2020 | | | | | | 10/2/2020 | | |
Voya Asia Pacific High Dividend | SUMMARY PORTFOLIO OF INVESTMENTS |
Equity Income Fund | as of August 31, 2020 (Unaudited) |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
COMMON STOCK: 93.0% | | |||||||||||||||
| | | Australia: 14.1% | | ||||||||||||
61,045 | | | AGL Energy Ltd. | | | | $ | 665,490 | | | | | | 0.6 | | |
10,649 | | | ASX Ltd. | | | | | 685,717 | | | | | | 0.6 | | |
193,050 | | | Aurizon Holdings Ltd. | | | | | 617,384 | | | | | | 0.6 | | |
548,446 | | | AusNet Services | | | | | 735,622 | | | | | | 0.7 | | |
85,305 | | | Australia & New Zealand Banking Group Ltd. | | | | | 1,149,346 | | | | | | 1.1 | | |
69,908 | | | BHP Group Ltd. | | | | | 1,930,295 | | | | | | 1.8 | | |
92,429 | | | Coca-Cola Amatil Ltd. | | | | | 619,159 | | | | | | 0.6 | | |
4,923 | | | CSL Ltd. | | | | | 1,033,046 | | | | | | 1.0 | | |
46,865 | | | Fortescue Metals Group Ltd. | | | | | 599,000 | | | | | | 0.6 | | |
12,324 | | | Macquarie Group Ltd. | | | | | 1,158,633 | | | | | | 1.1 | | |
310,680 | | | Medibank Pvt Ltd. | | | | | 625,172 | | | | | | 0.6 | | |
13,756 | | | Rio Tinto Ltd. | | | | | 989,886 | | | | | | 0.9 | | |
755,725 | | | Other Securities | | | | | 4,148,467 | | | | | | 3.9 | | |
| | | | | | | | 14,957,217 | | | | | | 14.1 | | |
| | | China: 38.9% | | ||||||||||||
25,476 (1) | | | Alibaba Group Holding Ltd. ADR | | | | | 7,312,376 | | | | | | 6.9 | | |
44,750 (2) | | | A-Living Services Co. Ltd. | | | | | 230,595 | | | | | | 0.2 | | |
111,000 | | | Anhui Conch Cement Co., Ltd . - H Shares | | | | | 803,578 | | | | | | 0.8 | | |
829,000 (2) | | | BAIC Motor Corp. Ltd. - H Shares | | | | | 397,357 | | | | | | 0.4 | | |
1,864,000 | | | Bank of China Ltd. - H Shares | | | | | 606,153 | | | | | | 0.6 | | |
215,000 | | | BOC Hong Kong Holdings Ltd. | | | | | 609,874 | | | | | | 0.6 | | |
1,623,960 | | | China Construction Bank - H Shares | | | | | 1,144,427 | | | | | | 1.1 | | |
131,500 | | | China Merchants Bank Co., Ltd. - H Shares | | | | | 627,381 | | | | | | 0.6 | | |
98,000 | | | China Mobile Ltd. | | | | | 685,796 | | | | | | 0.7 | | |
562,000 | | | China Resources Cement Holdings Ltd. - H Shares | | | | | 818,442 | | | | | | 0.8 | | |
32,000 | | | China Resources Land Ltd. | | | | | 147,827 | | | | | | 0.1 | | |
250,000 (2) | | | China Tower Corp. Ltd. - H Shares | | | | | 47,625 | | | | | | 0.0 | | |
360,000 (2) | | | China Yuhua Education Corp. Ltd. | | | | | 345,108 | | | | | | 0.3 | | |
225,500 (2) | | | Dali Foods Group Co. Ltd. | | | | | 138,012 | | | | | | 0.1 | | |
1,923,414 | | | Industrial & Commercial Bank of China - H Shares | | | | | 1,072,033 | | | | | | 1.0 | | |
108,000 | | | Kingboard Holdings Ltd. | | | | | 347,178 | | | | | | 0.3 | | |
288,500 | | | Kingboard Laminates Holdings Ltd. | | | | | 363,335 | | | | | | 0.3 | | |
31,900 (1) | | | Meituan Dianping- Class B | | | | | 1,051,558 | | | | | | 1.0 | | |
1,289 | | | NetEase, Inc. ADR | | | | | 628,014 | | | | | | 0.6 | | |
146,000 | | | Ping An Insurance Group Co. of China Ltd. - H Shares | | | | | 1,558,755 | | | | | | 1.5 | | |
980,000 (2) | | | Postal Savings Bank of China Co. Ltd. - H Shares | | | | | 463,935 | | | | | | 0.4 | | |
92,400 | | | Tencent Holdings Ltd. | | | | | 6,312,617 | | | | | | 5.9 | | |
16,177,315 | | | Other Securities | | | | | 15,656,359 | | | | | | 14.7 | | |
| | | | | | | | 41,368,335 | | | | | | 38.9 | | |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
COMMON STOCK: (continued) | | |||||||||||||||
| | | Hong Kong: 6.2% | | ||||||||||||
67,574 | | | AIA Group Ltd. | | | | $ | 692,279 | | | | | | 0.6 | | |
135,000 | | | CK Asset Holdings Ltd. | | | | | 732,739 | | | | | | 0.7 | | |
447,000 | | | HKT Trust / HKT Ltd. | | | | | 638,730 | | | | | | 0.6 | | |
126,250 | | | New World Development Co. Ltd. | | | | | 654,676 | | | | | | 0.6 | | |
102,500 | | | Power Assets Holdings Ltd. | | | | | 586,650 | | | | | | 0.6 | | |
786,500 (2) | | | WH Group Ltd. | | | | | 677,888 | | | | | | 0.6 | | |
367,500 | | | Other Securities | | | | | 2,650,519 | | | | | | 2.5 | | |
| | | | | | | | 6,633,481 | | | | | | 6.2 | | |
| | | India: 7.7% | | ||||||||||||
10,957 | | | Dr Reddys Laboratories Ltd. | | | | | 634,117 | | | | | | 0.6 | | |
61,140 | | | HCL Technologies Ltd. | | | | | 576,954 | | | | | | 0.5 | | |
117,143 | | | Infosys Ltd. | | | | | 1,475,675 | | | | | | 1.4 | | |
23,024 | | | Tata Consultancy Services Ltd. | | | | | 706,526 | | | | | | 0.7 | | |
68,093 | | | Tech Mahindra Ltd. | | | | | 685,809 | | | | | | 0.6 | | |
392,790 | | | Vedanta Ltd. | | | | | 685,877 | | | | | | 0.7 | | |
191,360 | | | Wipro Ltd. | | | | | 706,056 | | | | | | 0.7 | | |
922,350 | | | Other Securities | | | | | 2,665,280 | | | | | | 2.5 | | |
| | | | | | | | 8,136,294 | | | | | | 7.7 | | |
| | | Indonesia: 2.1% | | ||||||||||||
362,500 | | | Bank Central Asia Tbk PT | | | | | 780,814 | | | | | | 0.7 | | |
6,166,800 | | | Other Securities | | | | | 1,435,189 | | | | | | 1.4 | | |
| | | | | | | | 2,216,003 | | | | | | 2.1 | | |
| | | Malaysia: 1.3% | | ||||||||||||
735,600 | | | Other Securities | | | | | 1,411,168 | | | | | | 1.3 | | |
| | | | | ||||||||||||
| | | New Zealand: 0.4% | | ||||||||||||
136,562 | | | Other Securities | | | | | 443,352 | | | | | | 0.4 | | |
| | | | | ||||||||||||
| | | Philippines: 0.4% | | ||||||||||||
159,100 | | | Other Securities | | | | | 479,900 | | | | | | 0.4 | | |
| | | | | ||||||||||||
| | | Singapore: 1.4% | | ||||||||||||
1,854,100 | | | Other Securities | | | | | 1,521,031 | | | | | | 1.4 | | |
| | | | | ||||||||||||
| | | South Korea: 7.5% | | ||||||||||||
11,403 | | | GS Engineering & Construction Corp. | | | | | 236,609 | | | | | | 0.2 | | |
8,432 | | | GS Holdings Corp. | | | | | 230,248 | | | | | | 0.2 | | |
10,394 | | | GS Retail Co. Ltd. | | | | | 287,877 | | | | | | 0.3 | | |
2,147 | | | Hyundai Engineering & Construction Co. Ltd. | | | | | 58,169 | | | | | | 0.1 | | |
2,075 | | | Hyundai Glovis Co., Ltd. | | | | | 253,690 | | | | | | 0.2 | | |
4,129 | | | Hyundai Marine & Fire Insurance Co., Ltd. | | | | | 76,698 | | | | | | 0.1 | | |
2,349 | | | Hyundai Mobis Co. Ltd. | | | | | 439,604 | | | | | | 0.4 | | |
3,852 | | | Kakao Corp. | | | | | 1,316,159 | | | | | | 1.2 | | |
17,425 | | | Kia Motors Corp. | | | | | 619,743 | | | | | | 0.6 | | |
8,540 | | | LG Electronics, Inc. | | | | | 604,097 | | | | | | 0.6 | | |
29,456 | | | Shinhan Financial Group Co., Ltd. | | | | | 733,129 | | | | | | 0.7 | | |
Voya Asia Pacific High Dividend | SUMMARY PORTFOLIO OF INVESTMENTS |
Equity Income Fund | as of August 31, 2020 (Unaudited) (continued) |
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
COMMON STOCK: (continued) | | |||||||||||||||
| | | South Korea (continued) | | ||||||||||||
89,680 | | | Other Securities | | | | $ | 3,108,927 | | | | | | 2.9 | | |
| | | | | | | | 7,964,950 | | | | | | 7.5 | | |
| | | Taiwan: 12.0% | | ||||||||||||
152,833 | | | Chailease Holding Co. Ltd. | | | | | 675,045 | | | | | | 0.7 | | |
212,000 | | | Powertech Technology, Inc. | | | | | 624,722 | | | | | | 0.6 | | |
60,000 | | | Realtek Semiconductor Corp. | | | | | 777,418 | | | | | | 0.7 | | |
344,627 | | | Taiwan Semiconductor Manufacturing Co., Ltd. | | | | | 5,022,966 | | | | | | 4.7 | | |
318,000 | | | Uni-President Enterprises Corp. | | | | | 722,209 | | | | | | 0.7 | | |
2,425,000 | | | Other Securities | | | | | 4,923,011 | | | | | | 4.6 | | |
| | | | | | | | 12,745,371 | | | | | | 12.0 | | |
| | | Thailand: 1.0% | | ||||||||||||
1,569,500 | | | Other Securities | | | | | 1,028,283 | | | | | | 1.0 | | |
| | | Total Common Stock (Cost $95,276,437) | | | | | 98,905,385 | | | | | | 93.0 | | |
| | | | | ||||||||||||
EXCHANGE-TRADED FUNDS: 2.4% | | |||||||||||||||
33,374 | | | iShares MSCI All Country Asia ex-Japan Index Fund | | | | | 2,595,162 | | | | | | 2.4 | | |
| | | Total Exchange-Traded Funds (Cost $2,528,221) | | | | | 2,595,162 | | | | | | 2.4 | | |
| | | | | ||||||||||||
PREFERRED STOCK: 3.2% | | |||||||||||||||
| | | South Korea: 3.2% | | ||||||||||||
83,994 | | | Samsung Electronics Co., Ltd. | | | | | 3,355,269 | | | | | | 3.2 | | |
| | | Total Preferred Stock (Cost $2,396,664) | | | | | 3,355,269 | | | | | | 3.2 | | |
| | | Total Long-Term Investments (Cost $100,201,322) | | | | | 104,855,816 | | | | | | 98.6 | | |
| | | | | ||||||||||||
SHORT-TERM INVESTMENTS: 0.6% | | |||||||||||||||
| | | Mutual Funds: 0.6% | | ||||||||||||
641,000 (3) | | | Goldman Sachs Financial Square Government Fund - Institutional Shares, 0.020% (Cost $641,000) | | | | | 641,000 | | | | | | 0.6 | | |
| | | Total Short-Term Investments (Cost $641,000) | | | | | 641,000 | | | | | | 0.6 | | |
|
Shares | | | Value | | | Percentage of Net Assets | | |||||||||
| | | Total Investments in Securities (Cost $100,842,322) | | | | $ | 105,496,816 | | | | | | 99.2 | | |
| | | Assets in Excess of Other Liabilities | | | | | 819,039 | | | | | | 0.8 | | |
| | | Net Assets | | | | $ | 106,315,855 | | | | | | 100.0 | | |
Sector Diversification | | | Percentage of Net Assets | | |||
Information Technology | | | | | 19.1% | | |
Financials | | | | | 18.7 | | |
Consumer Discretionary | | | | | 13.5 | | |
Communication Services | | | | | 11.4 | | |
Materials | | | | | 7.4 | | |
Industrials | | | | | 5.5 | | |
Real Estate | | | | | 5.4 | | |
Health Care | | | | | 4.9 | | |
Consumer Staples | | | | | 4.3 | | |
Utilities | | | | | 3.0 | | |
Energy | | | | | 3.0 | | |
Exchange-Traded Funds | | | | | 2.4 | | |
Short-Term Investments | | | | | 0.6 | | |
Assets in Excess of Other Liabilities | | | | | 0.8 | | |
Net Assets | | | | | 100.0% | | |
|
Voya Asia Pacific High Dividend | SUMMARY PORTFOLIO OF INVESTMENTS |
Equity Income Fund | as of August 31, 2020 (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, 2020 | | ||||||||||||
Asset Table | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments, at fair value | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Stock | | | | | | | | | | | | | | | | | | | | | | | | | |
Australia | | | | $ | — | | | | | $ | 14,957,217 | | | | | $ | — | | | | | $ | 14,957,217 | | |
China | | | | | 8,041,894 | | | | | | 33,326,441 | | | | | | — | | | | | | 41,368,335 | | |
Hong Kong | | | | | — | | | | | | 6,633,481 | | | | | | — | | | | | | 6,633,481 | | |
India | | | | | — | | | | | | 8,136,294 | | | | | | — | | | | | | 8,136,294 | | |
Indonesia | | | | | — | | | | | | 2,216,003 | | | | | | — | | | | | | 2,216,003 | | |
Malaysia | | | | | — | | | | | | 1,411,168 | | | | | | — | | | | | | 1,411,168 | | |
New Zealand | | | | | — | | | | | | 443,352 | | | | | | — | | | | | | 443,352 | | |
Philippines | | | | | — | | | | | | 479,900 | | | | | | — | | | | | | 479,900 | | |
Singapore | | | | | — | | | | | | 1,521,031 | | | | | | — | | | | | | 1,521,031 | | |
South Korea | | | | | — | | | | | | 7,964,950 | | | | | | — | | | | | | 7,964,950 | | |
Taiwan | | | | | — | | | | | | 12,745,371 | | | | | | — | | | | | | 12,745,371 | | |
Thailand | | | | | — | | | | | | 1,028,283 | | | | | | — | | | | | | 1,028,283 | | |
Total Common Stock | | | | | 8,041,894 | | | | | | 90,863,491 | | | | | | — | | | | | | 98,905,385 | | |
Exchange-Traded Funds | | | | | 2,595,162 | | | | | | — | | | | | | — | | | | | | 2,595,162 | | |
Preferred Stock | | | | | — | | | | | | 3,355,269 | | | | | | — | | | | | | 3,355,269 | | |
Short-Term Investments | | | | | 641,000 | | | | | | — | | | | | | — | | | | | | 641,000 | | |
Total Investments, at fair value | | | | $ | 11,278,056 | | | | | $ | 94,218,760 | | | | | $ | — | | | | | $ | 105,496,816 | | |
Liabilities Table | | | | | | | | | | | | | | | | | | | | | | | | | |
Other Financial Instruments+ | | | | | | | | | | | | | | | | | | | | | | | | | |
Written Options | | | | $ | — | | | | | $ | (464,006) | | | | | $ | — | | | | | $ | (464,006) | | |
Total Liabilities | | | | $ | — | | | | | $ | (464,006) | | | | | $ | — | | | | | $ | (464,006) | | |
Description | | | Counterparty | | | Put/Call | | | Expiration Date | | | Exercise Price | | | Number of Contracts | | | Notional Amount | | | Premiums Received | | | Fair Value | | |||||||||
Hang Seng Index | | | Societe Generale | | | Call | | | 09/18/20 | | | HKD 25,106.540 | | | | | 3,107 | | | | HKD 78,225,094 | | | | $ | 185,192 | | | | | $ | (188,641) | | |
Korea Stock Exchange KOSPI 200 Index | | | Societe Generale | | | Call | | | 09/18/20 | | | USD 306.160 | | | | | 17,245,885 | | | | USD 5,296,901,119 | | | | | 117,956 | | | | | | (110,384) | | |
S&P/ASX 200 Index | | | Morgan Stanley & Co. International PLC | | | Call | | | 09/18/20 | | | AUD 6,111.184 | | | | | 1,309 | | | | AUD 7,933,145 | | | | | 91,127 | | | | | | (57,114) | | |
Taiwan Stock Exchange Weighted Index | | | BNP Paribas Bank | | | Call | | | 09/18/20 | | | USD 12,607.840 | | | | | 14,515 | | | | USD 182,764,897 | | | | | 122,077 | | | | | | (107,867) | | |
| | | | | | | | | | | | | | | | | | | | | | | | | $ | 516,352 | | | | | $ | (464,006) | | |
Voya Asia Pacific High Dividend | SUMMARY PORTFOLIO OF INVESTMENTS |
Equity Income Fund | as of August 31, 2020 (Unaudited) (continued) |
Derivatives not accounted for as hedging instruments | | | Location on Statement of Assets and Liabilities | | | Fair Value | | |||
Liability Derivatives | | | | | | | | | | |
Equity contracts | | | Written options, at fair value | | | | $ | 464,006 | | |
Total Liability Derivatives | | | | | | | $ | 464,006 | | |
| | | Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | | |||
Derivatives not accounted for as hedging instruments | | | Written options | | |||
Equity contracts | | | | $ | (113,424) | | |
Total | | | | $ | (113,424) | | |
|
| | | Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income | | |||
Derivatives not accounted for as hedging instruments | | | Written options | | |||
Equity contracts | | | | $ | (369,944) | | |
Total | | | | $ | (369,944) | | |
| | | BNP Paribas Bank | | | Morgan Stanley & Co. International PLC | | | Societe Generale | | | Totals | | ||||||||||||
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | |
Written options | | | | $ | 107,867 | | | | | $ | 57,114 | | | | | $ | 299,025 | | | | | $ | 464,006 | | |
Total Liabilities | | | | $ | 107,867 | | | | | $ | 57,114 | | | | | $ | 299,025 | | | | | $ | 464,006 | | |
Net OTC derivative instruments by counterparty, at fair value | | | | $ | (107,867) | | | | | $ | (57,114) | | | | | $ | (299,025) | | | | | $ | (464,006) | | |
Total collateral pledged by the Fund/(Received from counterparty) | | | | $ | 107,867 | | | | | $ | 57,114 | | | | | $ | 299,025 | | | | | $ | 464,006 | | |
Net Exposure(1)(2) | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
| Cost for federal income tax purposes was $100,524,972. | | | | | | | |
| Net unrealized appreciation consisted of: | | | | | | | |
| Gross Unrealized Appreciation | | | | $ | 17,245,799 | | |
| Gross Unrealized Depreciation | | | | | (12,652,729) | | |
| Net Unrealized Appreciation | | | | $ | 4,593,070 | | |
| | | | | | Proposal | | | Shares voted for | | | Shares voted against or withheld | | | Shares abstained | | | Broker non-vote | | | Total Shares Voted | | ||||||||||||||||||
Class I Trustees | | | Voya Asia Pacific High Dividend Equity Income Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Martin J. Gavin | | | | | 1* | | | | | | 7,701,904.000 | | | | | | 2,963,512.000 | | | | | | 0.000 | | | | | | 0.000 | | | | | | 10,665,416.000 | | |
| | | Dina Santoro | | | | | 1* | | | | | | 7,753,685.000 | | | | | | 2,911,731.000 | | | | | | 0.000 | | | | | | 0.000 | | | | | | 10,665,416.000 | | |
| Declaration Date | | | Ex Date | | | Record Date | | | Payable Date | |
| 16-Mar-20 | | | 1-Apr-20 | | | 2-Apr-20 | | | 15-Apr-20 | |
| 15-Jun-20 | | | 1-Jul-20 | | | 2-Jul-20 | | | 15-Jul-20 | |
| 15-Sep-20 | | | 1-Oct-20 | | | 2-Oct-20 | | | 15-Oct-20 | |
| 15-Dec-20 | | | 30-Dec-20 | | | 31-Dec-20 | | | 15-Jan-21 | |
Voya Investments, LLC
7337 East Doubletree Ranch Road, Suite 100
Scottsdale, Arizona 85258
Computershare, Inc.
480 Washington Boulevard
Jersey City, New Jersey 07310-1900
The Bank of New York Mellon
One Wall Street
New York, New York 10286
Ropes & Gray LLP
Prudential Tower
800 Boylston Street
Boston, Massachusetts 02199
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.
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 Asia Pacific High Dividend Equity Income Fund | PORTFOLIO OF INVESTMENTS |
as of August 31, 2020 (Unaudited) |
Shares | Value | Percentage of Net Assets | ||
COMMON STOCK: 93.0% | ||||
Australia: 14.1% | ||||
61,045 | AGL Energy Ltd. | $ 665,490 | 0.6 | |
21,812 | Aristocrat Leisure Ltd. | 454,390 | 0.4 | |
10,649 | ASX Ltd. | 685,717 | 0.7 | |
193,050 | Aurizon Holdings Ltd. | 617,384 | 0.6 | |
548,446 | AusNet Services | 735,622 | 0.7 | |
85,305 | Australia & New Zealand Banking Group Ltd. | 1,149,346 | 1.1 | |
69,908 | BHP Group Ltd. | 1,930,295 | 1.8 | |
5,818 | BlueScope Steel Ltd. | 54,341 | 0.1 | |
14,488 | Brambles Ltd. | 118,262 | 0.1 | |
92,429 | Coca-Cola Amatil Ltd. | 619,159 | 0.6 | |
3,974 | Cochlear Ltd. | 561,578 | 0.5 | |
59,810 | Crown Resorts Ltd. | 396,589 | 0.4 | |
4,923 | CSL Ltd. | 1,033,046 | 1.0 | |
46,865 | Fortescue Metals Group Ltd. | 599,000 | 0.6 | |
16,096 | Goodman Group | 216,684 | 0.2 | |
47,249 | GPT Group | 133,246 | 0.1 | |
11,463 | Insurance Australia Group Ltd. | 40,167 | 0.0 | |
12,324 | Macquarie Group Ltd. | 1,158,633 | 1.1 | |
310,680 | Medibank Pvt Ltd. | 625,172 | 0.6 | |
8,599 | National Australia Bank Ltd. | 113,239 | 0.1 | |
10,261 | Newcrest Mining Ltd. | 241,632 | 0.2 | |
13,756 | Rio Tinto Ltd. | 989,886 | 0.9 | |
119,038 | Santos Ltd. | 497,469 | 0.5 | |
316,290 | Scentre Group | 526,476 | 0.5 | |
75,971 | Stockland | 221,522 | 0.2 | |
44,856 | Westpac Banking Corp. | 572,872 | 0.5 | |
14,957,217 | 14.1 | |||
China: 38.9% | ||||
76,000 | Air China Ltd.- H Shares | 52,255 | 0.0 | |
25,476 | (1) | Alibaba Group Holding Ltd.ADR | 7,312,376 | 6.9 |
44,750 | (2) | A-Living Services Co.Ltd. | 230,595 | 0.2 |
111,000 | Anhui Conch Cement Co., Ltd.- H Shares | 803,578 | 0.8 | |
34,000 | Anta Sports Products Ltd. | 335,152 | 0.3 | |
15,400 | Apeloa Pharmaceutical Co.Ltd.- A Shares | 63,787 | 0.1 | |
1,265 | Autohome, Inc.ADR | 101,503 | 0.1 | |
829,000 | (2) | BAIC Motor Corp.Ltd.- H Shares | 397,357 | 0.4 |
1,864,000 | Bank of China Ltd.- H Shares | 606,154 | 0.6 | |
577,000 | Bank of Communications Co., Ltd.- H Shares | 301,313 | 0.3 | |
329,600 | Bank of Jiangsu Co.Ltd.- A Shares | 308,682 | 0.3 | |
49,100 | Bank of Nanjing Co.Ltd.- A Shares | 61,526 | 0.1 | |
24,100 | Beijing Kunlun Tech Co.Ltd.- A Shares | 97,853 | 0.1 | |
215,000 | BOC Hong Kong Holdings Ltd. | 609,874 | 0.6 | |
564,000 | Bosideng International Holdings Ltd. | 161,373 | 0.1 | |
510,000 | China CITIC Bank Corp.Ltd.- H Shares | 213,043 | 0.2 | |
320,000 | China Communications Services Corp., Ltd.- H Shares | 209,622 | 0.2 | |
1,623,960 | China Construction Bank - H Shares | 1,144,427 | 1.1 | |
769,000 | China Everbright Bank Co.Ltd.- H Shares | 275,519 | 0.3 | |
74,000 | China Everbright Ltd. | 113,937 | 0.1 | |
111,000 | China Lesso Group Holdings Ltd. | 206,694 | 0.2 | |
109,000 | China Life Insurance Co., Ltd.- H Shares | 265,527 | 0.2 | |
362,000 | China Medical System Holdings Ltd. | 407,706 | 0.4 | |
131,500 | China Merchants Bank Co., Ltd.- H Shares | 627,381 | 0.6 | |
98,000 | China Mobile Ltd. | 685,796 | 0.6 | |
254,000 | China National Building Material Co., Ltd.- H Shares | 356,510 | 0.3 | |
768,000 | China Petroleum & Chemical Corp.- H Shares | 352,621 | 0.3 | |
251,500 | China Railway Construction Corp.Ltd.- H Shares | 193,042 | 0.2 | |
562,000 | China Resources Cement Holdings Ltd.- H Shares | 818,442 | 0.8 | |
32,000 | China Resources Land Ltd. | 147,828 | 0.1 | |
262,000 | China Shenhua Energy Co., Ltd.- H Shares | 435,077 | 0.4 | |
872,000 | China Telecom Corp., Ltd.- H Shares | 284,462 | 0.3 | |
250,000 | (2) | China Tower Corp.Ltd.- H Shares | 47,625 | 0.0 |
508,000 | China Traditional Chinese Medicine Holdings Co.Ltd. | 216,584 | 0.2 | |
368,000 | China Unicom Hong Kong Ltd. | 260,898 | 0.2 | |
360,000 | (2) | China Yuhua Education Corp.Ltd. | 345,108 | 0.3 |
715,000 | Chongqing Rural Commercial Bank Co.Ltd.- H Shares | 291,333 | 0.3 | |
252,000 | CIFI Holdings Group Co.Ltd. | 214,199 | 0.2 | |
356,000 | CITIC Ltd. | 324,578 | 0.3 | |
432,000 | CNOOC Ltd. | 489,545 | 0.5 | |
302,000 | COSCO Shipping Energy Transportation Co.Ltd.- H Shares | 138,960 | 0.1 | |
50,000 | Country Garden Services Holdings Co.Ltd.- H Shares | 348,357 | 0.3 | |
252,800 | CSPC Pharmaceutical Group Ltd. | 558,541 | 0.5 | |
225,500 | (2) | Dali Foods Group Co.Ltd. | 138,012 | 0.1 |
See Accompanying Notes to Financial Statements
2
Voya Asia Pacific High Dividend Equity Income Fund | PORTFOLIO OF INVESTMENTS |
as of August 31, 2020 (Unaudited) (Continued) |
900 | G-bits Network Technology Xiamen Co. Ltd. | 81,243 | 0.1 | |
905,600 | GD Power Development Co. Ltd. - A Shares | 270,682 | 0.3 | |
120,060 | Giant Network Group Co. Ltd. | 362,210 | 0.3 | |
127,900 | Greenland Holdings Corp. Ltd. - A Shares | 142,700 | 0.1 | |
44,000 | Haier Electronics Group Co. Ltd. | 150,542 | 0.1 | |
42,600 | Huaxin Cement Co. Ltd. | 173,443 | 0.2 | |
13,480 | Hundsun Technologies, Inc. - A Shares | 219,031 | 0.2 | |
1,923,414 | Industrial & Commercial Bank of China - H Shares | 1,072,033 | 1.0 | |
70,100 | Industrial Bank Co. Ltd. - A Shares | 165,225 | 0.2 | |
5,300 | Jafron Biomedical Co. Ltd. | 58,865 | 0.1 | |
76,100 | Joincare Pharmaceutical Group Industry Co. Ltd. | 215,945 | 0.2 | |
26,375 | Joyoung Co. Ltd. - A Shares | 169,504 | 0.2 | |
501,000 | Kaisa Group Holdings Ltd. - H Shares | 251,560 | 0.2 | |
108,000 | Kingboard Holdings Ltd. | 347,178 | 0.3 | |
288,500 | Kingboard Laminates Holdings Ltd. | 363,335 | 0.3 | |
238,000 | Kunlun Energy Co. Ltd. | 177,086 | 0.2 | |
120,500 | Li Ning Co. Ltd. | 508,981 | 0.5 | |
31,900 | (1) | Meituan Dianping- Class B | 1,051,558 | 1.0 |
573,000 | Metallurgical Corp. of China Ltd. - A Shares | 235,513 | 0.2 | |
1,289 | NetEase, Inc. ADR | 628,014 | 0.6 | |
91,900 | New China Life Insurance Co. Ltd. - H Shares | 366,157 | 0.3 | |
586,000 | PICC Property & Casualty Co., Ltd. - H Shares | 451,896 | 0.4 | |
67,000 | Ping An Bank Co. Ltd. - A Shares | 147,391 | 0.1 | |
146,000 | Ping An Insurance Group Co. of China Ltd. - H Shares | 1,558,755 | 1.5 | |
980,000 | (2) | Postal Savings Bank of China Co. Ltd. - H Shares | 463,935 | 0.4 |
161,606 | RiseSun Real Estate Development Co. Ltd. - A Shares | 194,111 | 0.2 | |
116,800 | Sany Heavy Industry Co. Ltd. - A Shares | 376,796 | 0.3 | |
876,400 | Shanghai 2345 Network Holding Group Co. Ltd. - A Shares | 385,767 | 0.4 | |
135,100 | Shanghai Pharmaceuticals Holding Co. Ltd. - H Shares | 240,416 | 0.2 | |
292,126 | Shanghai Yuyuan Tourist Mart Group Co. Ltd. | 422,858 | 0.4 | |
9,903 | Shenzhen Mindray Bio-Medical Electronics Co. Ltd. - A Shares | 494,124 | 0.5 | |
33,200 | Sichuan Kelun Pharmaceutical Co. Ltd. - A Shares | 119,676 | 0.1 | |
101,600 | Sichuan Languang Development Co. Ltd. - A Shares | 81,473 | 0.1 | |
279,000 | Sino Biopharmaceutical Ltd. | 321,068 | 0.3 | |
209,500 | Sinopec Engineering Group Co. Ltd. - H Shares | 92,811 | 0.1 | |
64,000 | Sinopharm Group Co. - H Shares | 157,148 | 0.1 | |
87,500 | Sinotruk Hong Kong Ltd. | 227,093 | 0.2 | |
25,000 | Tangshan Jidong Cement Co. Ltd. - A Shares | 65,278 | 0.1 | |
92,400 | Tencent Holdings Ltd. | 6,312,617 | 5.9 | |
32,000 | Tingyi Cayman Islands Holding Corp. | 60,053 | 0.1 | |
93,000 | Weichai Power Co. Ltd. - H Shares | 186,679 | 0.2 | |
26,900 | Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd. - A Shares | 178,594 | 0.2 | |
5,100 | Wuliangye Yibin Co. Ltd. - A Shares | 178,421 | 0.2 | |
450,000 | Yuexiu Property Co. Ltd. - H Shares | 85,818 | 0.1 | |
41,368,335 | 38.9 | |||
Hong Kong: 6.2% | ||||
67,574 | AIA Group Ltd. | 692,279 | 0.7 | |
14,200 | ASM Pacific Technology Ltd. | 152,752 | 0.1 | |
135,000 | CK Asset Holdings Ltd. | 732,739 | 0.7 | |
49,000 | CK Hutchison Holdings Ltd. | 320,467 | 0.3 | |
33,000 | CK Infrastructure Holdings Ltd. | 174,416 | 0.2 | |
21,000 | CLP Holdings Ltd. | 206,179 | 0.2 | |
447,000 | HKT Trust / HKT Ltd. | 638,730 | 0.6 | |
66,300 | Hongkong Land Holdings Ltd. - HKHGF | 253,695 | 0.2 | |
72,000 | Link REIT | 572,778 | 0.5 | |
126,250 | New World Development Co. Ltd. | 654,676 | 0.6 | |
102,500 | Power Assets Holdings Ltd. | 586,650 | 0.6 | |
28,000 | Sun Hung Kai Properties Ltd. | 375,662 | 0.4 | |
65,000 | Swire Pacific Ltd. - Class A | 353,951 | 0.3 | |
19,000 | Techtronic Industries Co., Ltd. | 240,619 | 0.2 | |
786,500 | (2) | WH Group Ltd. | 677,888 | 0.6 |
6,633,481 | 6.2 | |||
India: 7.7% | ||||
105,167 | Coal India Ltd. | 191,872 | 0.2 | |
10,957 | Dr Reddys Laboratories Ltd. | 634,117 | 0.6 | |
222,188 | GAIL India Ltd. | 288,537 | 0.3 | |
61,140 | HCL Technologies Ltd. | 576,954 | 0.5 | |
16,737 | Hindustan Unilever Ltd. | 481,446 | 0.5 | |
117,143 | Infosys Ltd. | 1,475,675 | 1.4 | |
59,919 | ITC Ltd. | 155,558 | 0.1 |
See Accompanying Notes to Financial Statements
3
Voya Asia Pacific High Dividend Equity Income Fund | PORTFOLIO OF INVESTMENTS |
as of August 31, 2020 (Unaudited) (Continued) |
2,426 | Nestle India Ltd. | 525,974 | 0.5 | |
237,760 | Oil & Natural Gas Corp., Ltd. | 264,625 | 0.2 | |
192,645 | REC Ltd. | 277,871 | 0.3 | |
23,024 | Tata Consultancy Services Ltd. | 706,526 | 0.7 | |
85,508 | Tata Steel Ltd. | 479,397 | 0.5 | |
68,093 | Tech Mahindra Ltd. | 685,809 | 0.6 | |
392,790 | Vedanta Ltd. | 685,877 | 0.6 | |
191,360 | Wipro Ltd. | 706,056 | 0.7 | |
8,136,294 | 7.7 | |||
Indonesia: 2.1% | ||||
2,095,300 | Adaro Energy Tbk PT | 155,832 | 0.2 | |
550,900 | Astra International Tbk PT | 193,305 | 0.2 | |
362,500 | Bank Central Asia Tbk PT | 780,814 | 0.7 | |
605,600 | Bank Mandiri Persero TBK PT | 247,632 | 0.2 | |
509,700 | Bank Rakyat Indonesia | 122,793 | 0.1 | |
34,600 | Gudang Garam Tbk PT | 112,816 | 0.1 | |
1,631,600 | Hanjaya Mandala Sampoerna Tbk PT | 184,691 | 0.2 | |
273,700 | Indah Kiat Pulp and Paper Corp. Tbk PT | 174,635 | 0.2 | |
465,400 | Indofood Sukses Makmur Tbk PT | 243,485 | 0.2 | |
2,216,003 | 2.1 | |||
Malaysia: 1.3% | ||||
79,000 | Hong Leong Bank BHD | 265,596 | 0.2 | |
73,100 | Malayan Banking BHD | 128,536 | 0.1 | |
215,100 | MISC Bhd | 392,316 | 0.4 | |
77,500 | Public Bank BHD | 305,341 | 0.3 | |
290,900 | RHB Bank Bhd | 319,379 | 0.3 | |
1,411,168 | 1.3 | |||
New Zealand: 0.4% | ||||
136,562 | Spark New Zealand Ltd. | 443,352 | 0.4 | |
Philippines: 0.4% | ||||
37,170 | BDO Unibank, Inc. | 65,922 | 0.1 | |
3,680 | Globe Telecom, Inc. | 158,333 | 0.1 | |
118,250 | International Container Terminal Services, Inc. | 255,645 | 0.2 | |
479,900 | 0.4 | |||
Singapore: 1.4% | ||||
213,200 | CapitaLand Ltd. | 433,484 | 0.4 | |
104,800 | CapitaLand Mall Trust | 150,736 | 0.1 | |
1,110,000 | Genting Singapore Ltd. | 570,182 | 0.5 | |
31,800 | Wilmar International Ltd. | 101,739 | 0.1 | |
394,300 | Yangzijiang Shipbuilding Holdings Ltd. | 264,890 | 0.3 | |
1,521,031 | 1.4 | |||
South Korea: 7.5% | ||||
5,401 | Daelim Industrial Co., Ltd. | 394,337 | 0.4 | |
9,918 | DB Insurance Co. Ltd. | 363,993 | 0.3 | |
11,403 | GS Engineering & Construction Corp. | 236,609 | 0.2 | |
8,432 | GS Holdings Corp. | 230,248 | 0.2 | |
10,394 | GS Retail Co. Ltd. | 287,877 | 0.3 | |
24,145 | Hana Financial Group, Inc. | 571,445 | 0.5 | |
2,147 | Hyundai Engineering & Construction Co. Ltd. | 58,169 | 0.1 | |
2,075 | Hyundai Glovis Co., Ltd. | 253,690 | 0.2 | |
4,129 | Hyundai Marine & Fire Insurance Co., Ltd. | 76,698 | 0.1 | |
2,349 | Hyundai Mobis Co. Ltd. | 439,604 | 0.4 | |
3,852 | Kakao Corp. | 1,316,159 | 1.2 | |
3,244 | KB Financial Group, Inc. | 100,647 | 0.1 | |
17,425 | Kia Motors Corp. | 619,743 | 0.6 | |
8,540 | LG Electronics, Inc. | 604,097 | 0.6 | |
1,004 | Lotte Shopping Co. Ltd. | 64,065 | 0.1 | |
409 | NCSoft Corp. | 283,752 | 0.3 | |
1,562 | POSCO | 241,791 | 0.2 | |
1,403 | Samsung Fire & Marine Insurance Co. Ltd. | 220,693 | 0.2 | |
444 | Samsung SDS Co. Ltd. | 58,756 | 0.1 | |
29,456 | Shinhan Financial Group Co., Ltd. | 733,129 | 0.7 | |
5,386 | SK Hynix, Inc. | 340,374 | 0.3 | |
1,032 | SK Telecom Co., Ltd. | 215,174 | 0.2 | |
35,732 | Woori Financial Group, Inc. | 253,900 | 0.2 | |
7,964,950 | 7.5 | |||
Taiwan: 12.0% | ||||
73,000 | Asia Cement Corp. | 105,793 | 0.1 | |
25,000 | Catcher Technology Co., Ltd. | 170,670 | 0.2 | |
152,833 | Chailease Holding Co. Ltd. | 675,045 | 0.6 | |
179,000 | Chicony Electronics Co. Ltd. | 539,987 | 0.5 | |
144,000 | Foxconn Technology Co., Ltd. | 256,124 | 0.3 | |
53,000 | HON HAI Precision Industry Co., Ltd. | 139,003 | 0.1 | |
2,000 | Largan Precision Co. Ltd. | 231,077 | 0.2 | |
53,000 | Lite-On Technology Corp. | 83,932 | 0.1 | |
22,000 | MediaTek, Inc. | 416,017 | 0.4 | |
52,000 | Novatek Microelectronics Corp., Ltd. | 425,444 | 0.4 | |
214,000 | Pou Chen Corp. | 202,190 | 0.2 | |
212,000 | Powertech Technology, Inc. | 624,722 | 0.6 | |
12,000 | President Chain Store Corp. | 110,527 | 0.1 | |
87,000 | Quanta Computer, Inc. | 228,024 | 0.2 | |
60,000 | Realtek Semiconductor Corp. | 777,418 | 0.7 | |
263,000 | Synnex Technology International Corp. | 391,484 | 0.4 | |
344,627 | Taiwan Semiconductor Manufacturing Co., Ltd. | 5,022,967 | 4.7 | |
318,000 | Uni-President Enterprises Corp. | 722,209 | 0.7 | |
767,000 | United Microelectronics Corp. | 552,351 | 0.5 | |
35,000 | Walsin Technology Corp. | 190,959 | 0.2 | |
346,000 | Wistron Corp. | 375,276 | 0.4 | |
13,000 | Yageo Corp. | 147,708 | 0.1 | |
85,000 | Zhen Ding Technology Holding Ltd. | 356,444 | 0.3 | |
12,745,371 | 12.0 |
See Accompanying Notes to Financial Statements
4
Voya Asia Pacific High Dividend Equity Income Fund | PORTFOLIO OF INVESTMENTS |
as of August 31, 2020 (Unaudited) (Continued) |
Thailand: 1.0% | |||||
185,100 | Bangkok Dusit Medical Services PCL | 123,850 | 0.1 | ||
5,800 | Electricity Generating PCL | 41,441 | 0.1 | ||
159,300 | Indorama Ventures PCL | 121,554 | 0.1 | ||
1,000,700 | Krung Thai Bank PCL | 308,349 | 0.3 | ||
105,600 | PTT Exploration & Production PCL | 302,338 | 0.3 | ||
113,000 | PTT PCL (Foreign) | 130,751 | 0.1 | ||
1,028,283 | 1.0 | ||||
Total Common Stock | |||||
(Cost $95,276,437) | 98,905,385 | 93.0 | |||
EXCHANGE-TRADED FUNDS: 2.4% | |||||
33,374 | iShares MSCI All Country Asia ex-Japan Index Fund | 2,595,162 | 2.4 | ||
Total Exchange-Traded Funds | |||||
(Cost $2,528,221) | 2,595,162 | 2.4 | |||
PREFERRED STOCK: 3.2% | |||||
South Korea: 3.2% | |||||
83,994 | Samsung Electronics Co., Ltd. | 3,355,269 | 3.2 | ||
Total Preferred Stock | |||||
(Cost $2,396,664) | 3,355,269 | 3.2 | |||
Total Long-Term Investments | |||||
(Cost $100,201,322) | 104,855,816 | 98.6 | |||
SHORT-TERM INVESTMENTS: 0.6% | |||||
Mutual Funds: 0.6% | |||||
641,000 | (3) | Goldman Sachs Financial Square Government Fund - Institutional Shares, 0.020% | |||
(Cost $641,000) | 641,000 | 0.6 | |||
Total Short-Term Investments | |||||
(Cost $641,000) | 641,000 | 0.6 | |||
Total Investments in Securities (Cost $100,842,322) | $ 105,496,816 | 99.2 | |||
Assets in Excess of Other Liabilities | 819,039 | 0.8 | |||
Net Assets | $ 106,315,855 | 100.0 |
ADR | American Depositary Receipt |
(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, 2020. |
See Accompanying Notes to Financial Statements
5
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)(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. |
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 Asia Pacific High Dividend Equity Income Fund
By | /s/ Michael Bell | |
Michael Bell | ||
Chief Executive Officer |
Date: November 6, 2020
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 6, 2020
By | /s/ Todd Modic | |
Todd Modic | ||
Senior Vice President and Chief Financial Officer |
Date: November 6, 2020