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Voya Global Equity Dividend and Premium Opportunity Fund (IGD)

Financial Services | Asset Management | Scottsdale, United States | NYSE
6.54 USD -0.05 (-0.759%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 6.54

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 3:27 a.m. EDT

The most critical observation is the stark disconnect between the fund's massive 9% yield and its deteriorating operational reality. While the payout appears generous at first glance, the underlying business is shrinking; revenue has contracted by roughly 6.6% annually, and the fund trades at a significant discount to its net asset value, suggesting the market correctly prices in a lack of capital appreciation potential. The recent price action shows a modest recovery, trading slightly above its 200-day average, which offers a temporary floor, but the statistical forecast models indicate a slight downward bias over the next month, reinforcing the view that momentum is not yet a reliable entry signal. Regarding income, the distribution is stable and has been consistently maintained, even increasing recently, which supports a solid yield rating despite the weak growth backdrop. However, for a long-term holder, the combination of negative revenue growth, a compressed valuation relative to sales, and a history of underperformance makes this a neutral hold rather than a compelling buy. The asset serves primarily as a high-yield bond substitute rather than a growth equity, limiting its ceiling in a rising market.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_126 ✓0.027004
MSTL_84_1260.030688
MSTL_840.034930
MSTL0.035328
AutoTheta0.038153
AutoETS0.038178
AutoARIMA0.045247

Forecast horizon: 60 days | Selected: MSTL_126

Forecast Reliability
Score 59%
H-stat 3.40
Ljung-Box p 0.000
Jarque-Bera p 0.483
Excess Kurtosis -0.54
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-08-31
Last Dividend Date 2026-08-02
Revenue per Share 0.185
Market Cap 515,800,064
Trailing P/E 8.61
Beta 0.51
Profit Margins 413.00%
Website https://investments.voya.com/Investor/Products/Closed-End-Funds/Profile/index.htm?psc=345&p=128&tab=Overview

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.76% 10.10% 10.37% 9.70%
Dividend History
Date Dividend Yield %
2026-08-03 0.050 0.764526
2026-07-01 0.050 0.815661
2026-06-01 0.050 0.803859
2026-05-01 0.050 0.838926
2026-04-01 0.050 0.884956
2026-03-02 0.050 0.837521
2026-02-02 0.050 0.860585
2025-12-30 0.050 0.863558
2025-12-01 0.050 0.871080
2025-11-03 0.050 0.866551
2025-10-01 0.050 0.844595
2025-09-02 0.050 0.850340
2025-08-01 0.050 0.877193
2025-07-01 0.050 0.857633
2025-06-02 0.050 0.881834
2025-05-01 0.050 0.899281
2025-04-01 0.050 0.880282
2025-03-03 0.050 0.900901
2025-02-03 0.050 0.924214
2024-12-30 0.050 0.929368
2024-12-02 0.050 0.892857
2024-11-01 0.050 0.925926
2024-10-01 0.050 0.900901
2024-09-03 0.050 0.896057
2024-08-01 0.050 0.905797
2024-07-01 0.050 0.980392
2024-06-03 0.050 0.968992
2024-05-01 0.050 0.988142
2024-04-01 0.040 0.764818
2024-03-01 0.040 0.781250
2024-02-01 0.040 0.790514
2023-12-28 0.040 0.801603
2023-12-01 0.040 0.813008
2023-11-01 0.040 0.835073
2023-10-02 0.040 0.831601
2023-09-01 0.040 0.790514
2023-08-01 0.040 0.779727
2023-07-03 0.040 0.764818
2023-06-01 0.040 0.813008
2023-05-01 0.040 0.775194
2023-04-03 0.040 0.788955
2023-03-01 0.040 0.753296
2023-02-01 0.040 0.729927
2022-12-29 0.040 0.764818
2022-12-01 0.040 0.724638
2022-11-01 0.040 0.773694
2022-10-03 0.040 0.793651
2022-09-01 0.040 0.744879
2022-08-01 0.040 0.719424
2022-07-01 0.040 0.727273
2022-06-01 0.040 0.702988
2022-05-02 0.040 0.706714
2022-04-01 0.040 0.683761
2022-03-01 0.040 0.693241
2022-02-01 0.040 0.644122
2021-12-30 0.040 0.644122
2021-12-01 0.040 0.673401
2021-11-01 0.040 0.668896
2021-10-01 0.040 0.684931
2021-09-01 0.040 0.648298
2021-08-02 0.040 0.666667
2021-07-01 0.040 0.667780
2021-06-01 0.040 0.673401
2021-05-03 0.040 0.681431
2021-04-01 0.040 0.702988
2021-03-01 0.040 0.731261
2021-02-01 0.040 0.763359
2020-12-30 0.040 0.761905
2020-12-01 0.040 0.773694
2020-11-02 0.040 0.852878
2020-10-01 0.040 0.809717
2020-09-01 0.040 0.796813
2020-08-03 0.040 0.804829
2020-07-01 0.040 0.826446
2020-06-01 0.040 0.804829
2020-05-01 0.040 0.833333
2020-04-01 0.040 0.925926
2020-03-02 0.040 0.710480
2020-02-03 0.040 0.650406
2019-12-30 0.040 0.650406
2019-12-02 0.040 0.661157
2019-11-01 0.040 0.656814
2019-10-01 0.040 0.674536
2019-09-03 0.061 0.974441
2019-08-01 0.061 0.928463
2019-07-01 0.061 0.947205
2019-06-03 0.061 0.982287
2019-05-01 0.061 0.915916
2019-04-01 0.061 0.944272
2019-03-01 0.061 0.941358
2019-02-01 0.061 0.954617
2018-12-28 0.061 1.046312
2018-12-03 0.061 0.914543
2018-11-01 0.061 0.927052
2018-10-01 0.061 0.840220
2018-09-04 0.061 0.835616
2018-08-01 0.061 0.799476
2018-07-02 0.061 0.837912
2018-06-01 0.061 0.843707
2018-05-01 0.061 0.840220
2018-04-02 0.061 0.856742
2018-03-01 0.061 0.831063
2018-02-01 0.061 0.780051
2017-12-28 0.061 0.785071
2017-12-01 0.061 0.780051
2017-11-01 0.061 0.759651
2017-10-03 0.061 0.756824
2017-09-01 0.061 0.781050
2017-08-01 0.061 0.792208
2017-07-03 0.061 0.807947
2017-06-01 0.061 0.815508
2017-05-01 0.061 0.818792
2017-04-03 0.061 0.846047
2017-03-01 0.061 0.841379
2017-02-01 0.061 0.867710
2016-12-28 0.061 0.899705
2016-12-01 0.076 1.124260
2016-11-01 0.076 1.099855
2016-10-03 0.076 1.059972
2016-09-01 0.076 1.055556
2016-08-01 0.076 1.057024
2016-07-01 0.076 1.114369
2016-06-01 0.076 1.099855
2016-05-02 0.076 1.079545
2016-04-01 0.076 1.096681
2016-03-01 0.076 1.153262
2016-02-01 0.076 1.169231
2015-12-29 0.076 1.067416
2015-12-01 0.076 1.043956
2015-11-02 0.076 1.009296
2015-10-01 0.076 1.104651
2015-09-01 0.076 1.073446
2015-08-03 0.076 0.955975
2015-07-01 0.076 0.933661
2015-06-01 0.076 0.905840
2015-05-01 0.076 0.894118
2015-04-01 0.076 0.922330
2015-03-02 0.076 0.897285
2015-02-02 0.076 0.933661
2014-12-29 0.076 0.899408
2014-12-01 0.076 0.850112
2014-11-03 0.076 0.822511
2014-10-01 0.076 0.826087
2014-09-02 0.076 0.791667
2014-08-01 0.076 0.812834
2014-07-01 0.076 0.786749
2014-06-02 0.076 0.782698
2014-05-01 0.076 0.806794
2014-04-01 0.076 0.828790
2014-03-03 0.076 0.851064
2014-02-03 0.076 0.885781
2013-12-27 0.076 0.848214
2013-12-02 0.076 0.853933
2013-11-01 0.076 0.837004
2013-10-01 0.076 0.838852
2013-09-03 0.084 0.904198
2013-08-01 0.084 0.883281
2013-07-01 0.084 0.895522
2013-06-03 0.084 0.907127
2013-05-01 0.084 0.897436
2013-04-01 0.084 0.922064
2013-03-01 0.084 0.925110
2013-02-01 0.084 0.908108
2012-12-27 0.084 0.976744
2012-12-03 0.084 0.994083
2012-11-01 0.084 0.941704
2012-10-01 0.084 0.922064
2012-09-04 0.093 1.015284
2012-08-01 0.093 1.027624
2012-07-02 0.093 1.056818
2012-06-01 0.093 1.087719
2012-05-01 0.093 0.990415
2012-04-02 0.093 0.977918
2012-03-01 0.093 0.979979
2012-02-01 0.093 0.991471
2011-12-28 0.093 1.083916
2011-12-01 0.100 1.082251
2011-11-01 0.100 1.039501
2011-10-03 0.100 1.123596
2011-09-01 0.100 1.004016
2011-08-01 0.100 0.929368
2011-07-01 0.100 0.896861
2011-06-01 0.100 0.885740
2011-05-02 0.100 0.896057
2011-04-01 0.100 0.910747
2011-03-01 0.100 0.917431
2011-02-01 0.100 0.903342
2010-12-29 0.100 0.919118
2010-12-01 0.100 0.877963
2010-11-01 0.100 0.862069
2010-10-01 0.100 0.865052
2010-09-01 0.100 0.925926
2010-08-02 0.100 0.908265
2010-07-01 0.100 0.996016
2010-06-01 0.125 1.134301
2010-05-03 0.125 0.998403
2010-04-01 0.125 0.982704
2010-03-01 0.125 1.012146
2010-02-01 0.125 1.036484
2009-12-29 0.125 1.017915
2009-12-01 0.125 1.012146
2009-11-02 0.156 1.248000
2009-10-01 0.156 1.248000
2009-09-01 0.156 1.267262
2009-08-03 0.156 1.224490
2009-06-30 0.156 1.327660
2009-06-01 0.156 1.303258
2009-05-01 0.156 1.513094
2009-04-01 0.156 1.686486
2009-03-02 0.156 2.160665
2009-02-02 0.156 1.643836
2008-12-29 0.156 1.663113
2008-12-01 0.156 1.942715
2008-11-03 0.156 1.478673
2008-10-01 0.156 1.392857
2008-09-02 0.156 1.163311
2008-08-01 0.156 1.111111
2008-07-01 0.156 1.003861
2008-06-02 0.156 0.892959
2008-05-01 0.156 0.904872
2008-04-01 0.156 0.929678
2008-03-03 0.156 0.918187
2008-02-01 0.156 0.876405
2007-12-27 0.353 2.098692
2007-12-03 0.156 0.899654
2007-11-01 0.156 0.828025
2007-10-01 0.156 0.804954
2007-09-04 0.156 0.798771
2007-08-01 0.156 0.799180
2007-07-02 0.156 0.753259
2007-06-01 0.156 0.735502
2007-05-01 0.156 0.743211
2007-04-02 0.156 0.748560
2007-03-01 0.156 0.773810
2007-02-01 0.156 0.736196
2006-12-27 0.156 0.711030
2006-12-01 0.156 0.755082
2006-11-01 0.156 0.766962
2006-10-02 0.156 0.770370
2006-09-01 0.156 0.780390
2006-08-01 0.156 0.810390
2006-07-03 0.156 0.825397
2006-06-01 0.156 0.834225
2006-05-01 0.156 0.830671
2006-04-03 0.156 0.812500
2006-03-01 0.156 0.827147
2006-02-01 0.156 0.831113
2005-12-28 0.156 0.916569
2005-12-01 0.156 0.877390
2005-11-01 0.156 0.802882
2005-10-03 0.156 0.785498
2005-09-01 0.156 0.765832
2005-08-01 0.156 0.762091
2005-07-01 0.156 0.780390
2005-06-01 0.156 0.780000
Additional Data
dividendRate 0.6
dividendYield 9.17
exDividendDate 2026-09-01
trailingAnnualDividendRate 0.6
trailingAnnualDividendYield 0.09104704
lastDividendValue 0.05
lastDividendDate 2026-08-03
dividendDate 2019-02-15

Info Dump

Attribute Value
52 Week Change 0.112244844
Address1 7,337 East Doubletree Ranch Road
Address2 Suite 100
All Time High 23.94
All Time Low 3.79
Ask 6.56
Ask Size 2,100
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 232,960
Average Daily Volume3 Month 284,846
Average Volume 284,846
Average Volume10Days 232,960
Beta 0.51
Bid 6.47
Bid Size 1,500
Book Value 6.32
City Scottsdale
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.54
Current Ratio 1.061
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 6.61
Day Low 6.54
Dividend Date 1,550,188,800
Dividend Rate 0.6
Dividend Yield 9.17
Earnings Growth 0.199
Earnings Quarterly Growth 0.199
Earnings Timestamp End 1,748,721,600
Earnings Timestamp Start 1,748,635,200
Ebitda Margins 0.0
Enterprise To Revenue 35.236
Enterprise Value 514,717,632
Eps Trailing Twelve Months 0.76
Esg Populated 0
Ex Dividend Date 1,788,220,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 480-477-2744
Fifty Day Average 6.4046
Fifty Day Average Change 0.13539982
Fifty Day Average Change Percent 0.021141026
Fifty Two Week Change Percent 11.224484
Fifty Two Week High 6.74
Fifty Two Week High Change -0.19999981
Fifty Two Week High Change Percent -0.029673563
Fifty Two Week Low 5.58
Fifty Two Week Low Change 0.96000004
Fifty Two Week Low Change Percent 0.17204303
Fifty Two Week Range 5.58 - 6.74
Financial Currency USD
First Trade Date Milliseconds 1,112,106,600,000
Five Year Avg Dividend Yield 9.35
Full Exchange Name NYSE
Fullday Change -0.0500002
Fullday Change Percent -0.758728
Fullday Price 6.54
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 14,607,536
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.27926
Implied Shares Outstanding 78,868,514
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,785,715,200
Last Dividend Value 0.05
Last Fiscal Year End 1,772,236,800
Long Business Summary Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies having a market capitalization of $1 billion or more. The fund also invests through call options on selected indices, individual securities, and/or exchange traded funds. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index and the Chicago Board Options Exchange BuyWrite Monthly Index. It was formerly known as ING Global Equity Dividend and Premium Opportunity Fund. Voya Global Equity Dividend and Premium Opportunity Fund was formed on March 28, 2005 and is domiciled in the United States.
Long Name Voya Global Equity Dividend and Premium Opportunity Fund
Market us_market
Market Cap 515,800,064
Market State CLOSED
Max Age 86,400
Message Board Id finmb_21854499
Most Recent Quarter 1,772,236,800
Net Income To Common 60,328,872
Next Fiscal Year End 1,803,772,800
Non Diluted Market Cap 519,743,507
Open 6.6
Operating Margins 0.60765
Payout Ratio 0.7895
Phone (480) 477 3000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 6.54
Post Market Time 1,787,959,805
Previous Close 6.59
Price Hint 2
Price To Book 1.0348101
Price To Sales Trailing12 Months 35.310547
Profit Margins 4.12998
Quick Ratio 0.989
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.0500002
Regular Market Change Percent -0.758728
Regular Market Day High 6.61
Regular Market Day Low 6.54
Regular Market Day Range 6.54 - 6.61
Regular Market Open 6.6
Regular Market Previous Close 6.59
Regular Market Price 6.54
Regular Market Time 1,787,947,202
Regular Market Volume 260,005
Return On Assets 0.011469999
Return On Equity 0.12262
Revenue Growth -0.066
Revenue Per Share 0.185
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 78,868,514
Shares Percent Shares Out 0.0117999995
Shares Short 932,889
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 746,367
Short Name Voya Global Equity Dividend and
Short Percent Of Float 0.0117999995
Short Ratio 3.74
Source Interval 15
State AZ
Symbol IGD
Total Cash 1,082,451
Total Cash Per Share 0.014
Total Debt 0
Total Revenue 14,607,536
Tradeable 0
Trailing Annual Dividend Rate 0.6
Trailing Annual Dividend Yield 0.09104704
Trailing Eps 0.76
Trailing P E 8.605263
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.017
Two Hundred Day Average Change 0.52299976
Two Hundred Day Average Change Percent 0.08692035
Type Disp Equity
Volume 260,005
Website https://investments.voya.com/Investor/Products/Closed-End-Funds/Profile/index.htm?psc=345&p=128&tab=Overview
Zip 85,258-2034