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Voya Emerging Markets High Dividend Equity Fund (IHD)

Financial Services | Asset Management | Scottsdale, United States | NYSE
7.66 USD -0.01 (-0.130%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 7.66

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 3:47 a.m. EDT

The fund offers an attractive 8.8% yield driven by a significant cut in distributions from $0.18 to $0.055 per share over the last few years, yet this comes with a heavy caveat regarding capital preservation. The price history reveals a brutal nine-year decline of roughly 25%, with the asset trading well below its 2016 highs despite a recent recovery in the trailing twelve-month performance. While the payout ratio is currently a healthy 27%, indicating the dividend is not being eroded by NAV, the multi-year trajectory suggests the market has permanently downgraded the underlying emerging markets equity assets held within the fund. For the short term, the lack of recent momentum and the flat statistical forecast suggest the price is likely to remain range-bound rather than surge, making it unsuitable for aggressive capital appreciation plays. Long-term, the persistent underperformance relative to peers and the sector implies structural challenges in the fund's holdings that a simple yield cannot offset for a growth-oriented investor.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.037813
MSTL0.039830
AutoTheta0.048502
AutoARIMA0.052987

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 53%
H-stat 5.32
Ljung-Box p 0.000
Jarque-Bera p 0.915
Excess Kurtosis -0.16
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-08-31
Last Dividend Date 2026-08-02
Market Cap 135,856,688
Trailing P/E 3.14
Website https://investments.voya.com/Investor/Products/Closed-End-Funds/Profile/index.htm?psc=1244&p=288&tab=Overview

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.75% 9.82% 11.43% 11.52%
Dividend History
Date Dividend Yield %
2026-08-03 0.055 0.752394
2026-07-01 0.055 0.717080
2026-06-01 0.055 0.717080
2026-05-01 0.055 0.764951
2026-04-01 0.055 0.828313
2026-03-02 0.055 0.793651
2026-02-02 0.055 0.810015
2025-12-30 0.055 0.871632
2025-12-01 0.055 0.887097
2025-11-03 0.055 0.868878
2025-10-01 0.055 0.880000
2025-09-02 0.055 0.929054
2025-08-01 0.055 0.949914
2025-07-01 0.055 0.933786
2025-06-02 0.055 0.973451
2025-05-01 0.055 1.059730
2025-04-01 0.055 1.045627
2025-03-03 0.055 1.043643
2025-02-03 0.055 1.072125
2024-12-30 0.055 1.089109
2024-12-02 0.055 1.070039
2024-11-01 0.055 1.026119
2024-10-01 0.055 0.973451
2024-09-03 0.055 1.029963
2024-08-01 0.055 1.029963
2024-07-01 0.055 1.018519
2024-06-03 0.055 1.041667
2024-05-01 0.055 1.074219
2024-04-01 0.135 2.591171
2023-12-28 0.135 2.626459
2023-10-02 0.135 2.824268
2023-07-03 0.135 2.611219
2023-04-03 0.135 2.576336
2022-12-29 0.180 3.474904
2022-10-03 0.180 3.680982
2022-07-01 0.180 3.202847
2022-04-01 0.180 2.731411
2021-12-30 0.180 2.528090
2021-10-01 0.180 2.503477
2021-07-01 0.180 2.173913
2021-04-01 0.180 2.258469
2020-12-30 0.180 2.465753
2020-10-01 0.180 2.795031
2020-07-01 0.180 2.970297
2020-04-01 0.180 3.402647
2019-12-30 0.180 2.247191
2019-10-01 0.180 2.564103
2019-07-01 0.185 2.434211
2019-04-01 0.185 2.335859
2018-12-28 0.185 2.537723
2018-10-01 0.185 2.344740
2018-07-02 0.185 2.374840
2018-04-02 0.185 1.968085
2017-12-28 0.185 2.092760
2017-10-03 0.185 1.972281
2017-07-03 0.185 2.143685
2017-04-03 0.185 2.189349
2016-12-28 0.185 2.473262
2016-10-03 0.230 2.893082
2016-07-01 0.230 3.172414
2016-04-01 0.230 3.091398
2015-12-29 0.230 3.125000
2015-10-01 0.230 3.066667
2015-07-01 0.288 2.987552
2015-04-01 0.288 2.894472
2014-12-29 0.288 2.785300
2014-10-01 0.288 2.532982
2014-07-01 0.288 2.309543
2014-04-01 0.288 2.455243
2013-12-27 0.288 2.424242
2013-10-01 0.288 2.264151
2013-07-01 0.360 2.752294
2013-04-01 0.360 2.484472
2012-12-27 0.360 2.469136
2012-10-01 0.360 2.501737
2012-07-02 0.400 2.818887
2012-04-02 0.400 2.542912
2011-12-28 0.400 3.076923
2011-10-03 0.400 3.249391
2011-07-01 0.400 2.164502
Additional Data
dividendRate 0.66
dividendYield 8.6
exDividendDate 2026-09-01
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.055
lastDividendDate 2026-08-03
dividendDate 2019-01-15

Info Dump

Attribute Value
52 Week Change 0.29391897
Address1 7,337 East Doubletree Ranch Road
Address2 Suite 100
All Time High 20.38
All Time Low 4.49
Ask 7.69
Ask Size 200
Average Daily Volume10 Day 119,030
Average Daily Volume3 Month 92,166
Average Volume 92,166
Average Volume10Days 119,030
Bid 5.77
Bid Size 500
City Scottsdale
Country United States
Crypto Tradeable 0
Currency USD
Current Price 7.66
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 7.6962
Day Low 7.615
Dividend Date 1,547,510,400
Dividend Rate 0.66
Dividend Yield 8.6
Ebitda Margins 0.0
Eps Trailing Twelve Months 2.44
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 7.5086
Fifty Day Average Change 0.15139961
Fifty Day Average Change Percent 0.020163493
Fifty Two Week Change Percent 29.391897
Fifty Two Week High 8.14
Fifty Two Week High Change -0.4800005
Fifty Two Week High Change Percent -0.058968116
Fifty Two Week Low 5.84
Fifty Two Week Low Change 1.8199997
Fifty Two Week Low Change Percent 0.31164378
Fifty Two Week Range 5.84 - 8.14
First Trade Date Milliseconds 1,303,997,400,000
Five Year Avg Dividend Yield 11.48
Full Exchange Name NYSE
Fullday Change -0.0100002
Fullday Change Percent -0.130381
Fullday Price 7.66
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.56016
Implied Shares Outstanding 17,735,861
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,785,715,200
Last Dividend Value 0.055
Long Business Summary Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries 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. The fund also invests through derivatives having economic characteristics similar to the equity securities, such as call options on selected ETF's, and/or international, regional or country indices of equity securities. It employs both fundamental and quantitative analysis with a bottom-up stock selection process to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI Emerging Markets Index. It was formerly known as ING Emerging Markets High Dividend Equity Fund. Voya Emerging Markets High Dividend Equity Fund was formed on April 26, 2011 and is domiciled in the United States.
Long Name Voya Emerging Markets High Dividend Equity Fund
Market us_market
Market Cap 135,856,688
Market State CLOSED
Max Age 86,400
Message Board Id finmb_109401684
Non Diluted Market Cap 136,034,053
Open 7.71
Operating Margins 0.0
Payout Ratio 0.2705
Phone (480) 477 3000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 7.66
Post Market Time 1,787,959,804
Previous Close 7.67
Price Hint 2
Profit Margins 0.0
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0100002
Regular Market Change Percent -0.130381
Regular Market Day High 7.6962
Regular Market Day Low 7.615
Regular Market Day Range 7.615 - 7.6962
Regular Market Open 7.71
Regular Market Previous Close 7.67
Regular Market Price 7.66
Regular Market Time 1,787,947,200
Regular Market Volume 17,611
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 17,735,861
Shares Percent Shares Out 0.0011999999
Shares Short 21,244
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 6,130
Short Name Voya Emerging Markets High Inco
Short Percent Of Float 0.0011999999
Short Ratio 0.4
Source Interval 15
State AZ
Symbol IHD
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.44
Trailing P E 3.1393442
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.99855
Two Hundred Day Average Change 0.6614499
Two Hundred Day Average Change Percent 0.094512425
Type Disp Equity
Volume 17,611
Website https://investments.voya.com/Investor/Products/Closed-End-Funds/Profile/index.htm?psc=1244&p=288&tab=Overview
Zip 85,258-2034