Tranche update on Voya Infrastructure, Industrials and Materials Fund's Equity Buyback plan announced on April 19, 2021.
May 27, 2021 at 12:00 am EDT
Share
From April 19, 2021 to May 24, 2021, the company has purchased 2,018,902 shares, for $26.08 million. With this, the company has completed the purchase of 2,018,902 shares, for $26.08 million under the buyback anonunced on April 19, 2021.
Voya Infrastructure, Industrials and Materials Fund (the Fund) is a diversified closed-end fund. The Fund is focused on achieving its investment objective by investing in companies that own and/or operate infrastructure facilities in the infrastructure sector, and in a range of companies, principally in the industrials and materials sectors. The Fund will seek to achieve its investment objective by investing approximately 80% of its managed assets in the equity securities of, or derivatives having economic characteristics similar to the equity securities. The Fund will also seek to secure gains and develop the stability of returns over a market cycle by writing call options on selected indices and/or exchange-traded funds. It invests in various sectors, such as integrated telecommunication services, electric utilities, specialty chemicals, industrial conglomerates, and electrical components and equipment, among others. Voya Investments, LLC serves as the investment adviser to the Fund.
VOYA INFRASTRUCTURE, INDUSTRIALS AND MATERIALS FUND 
