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Voya Emerging Markets High Dividend Equity Fund (IHD)

Financial Services | Asset Management | Scottsdale, United States | NYSE
7.40 USD -0.08 (-1.070%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 7.40

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 6:12 a.m. EDT

The fund presents a classic value trap scenario where a massive 8.74% yield masks a deteriorating business trajectory. While the payout ratio of 27% suggests the dividend is currently safe from immediate cuts, the price history tells a different story: the asset has lost nearly 20% of its value over the last nine years, despite a recent recovery in the trailing twelve months. This rebound is insufficient to overcome the structural damage inflicted by five consecutive years of negative annual returns prior to the latest uptick. For a short-term trader, the moderate statistical forecast offers no compelling edge, and the lack of analyst coverage combined with low volume limits liquidity. Long-term investors should view the low P/E not as a bargain, but as the market's verdict on a struggling asset management business that has failed to sustain growth for a decade. The dividend remains attractive relative to inflation, but buying the stock is effectively betting against the long-term trend of the underlying business.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79 ✓0.090627
MSTL_79_1260.105775
AutoETS0.114134
AutoTheta0.114685
MSTL0.115756
MSTL_1260.123188
AutoARIMA0.132155

Forecast horizon: 60 days | Selected: MSTL_79

Forecast Reliability
Score 53%
H-stat 3.25
Ljung-Box p 0.000
Jarque-Bera p 0.176
Excess Kurtosis 0.35
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-30
Last Dividend Date 2026-06-30
Market Cap 131,245,368
Trailing P/E 3.03
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
0.72% 10.02% 11.18% 11.37%
Dividend History
Date Dividend Yield %
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 8.82
exDividendDate 2026-07-01
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.055
lastDividendDate 2026-07-01
dividendDate 2019-01-15

Info Dump

Attribute Value
52 Week Change 0.2764505
Address1 7,337 East Doubletree Ranch Road
Address2 Suite 100
All Time High 20.38
All Time Low 4.49
Ask 7.42
Ask Size 200
Average Daily Volume10 Day 75,570
Average Daily Volume3 Month 98,609
Average Volume 98,609
Average Volume10Days 75,570
Bid 6.81
Bid Size 1,800
City Scottsdale
Country United States
Crypto Tradeable 0
Currency USD
Current Price 7.4
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 7.48
Day Low 7.26
Dividend Date 1,547,510,400
Dividend Rate 0.66
Dividend Yield 8.82
Ebitda Margins 0.0
Eps Trailing Twelve Months 2.44
Esg Populated 0
Ex Dividend Date 1,782,864,000
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 7.53
Fifty Day Average Change -0.13000011
Fifty Day Average Change Percent -0.017264292
Fifty Two Week Change Percent 27.645052
Fifty Two Week High 8.14
Fifty Two Week High Change -0.74000025
Fifty Two Week High Change Percent -0.090909116
Fifty Two Week Low 5.75
Fifty Two Week Low Change 1.6500001
Fifty Two Week Low Change Percent 0.28695655
Fifty Two Week Range 5.75 - 8.14
First Trade Date Milliseconds 1,303,997,400,000
Five Year Avg Dividend Yield 11.48
Full Exchange Name NYSE
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 0.55253
Implied Shares Outstanding 17,735,861
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,782,864,000
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 131,245,368
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_109401684
Non Diluted Market Cap 132,664,240
Open 7.45
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 7.4
Post Market Time 1,783,976,700
Previous Close 7.48
Price Hint 2
Profit Margins 0.0
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0799999
Regular Market Change Percent -1.06952
Regular Market Day High 7.48
Regular Market Day Low 7.26
Regular Market Day Range 7.26 - 7.48
Regular Market Open 7.45
Regular Market Previous Close 7.48
Regular Market Price 7.4
Regular Market Time 1,783,972,803
Regular Market Volume 74,946
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 17,735,861
Shares Percent Shares Out 0.0018000001
Shares Short 32,322
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 96,343
Short Name Voya Emerging Markets High Inco
Short Percent Of Float 0.0018000001
Short Ratio 0.25
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 3.0327868
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.79855
Two Hundred Day Average Change 0.60144997
Two Hundred Day Average Change Percent 0.08846739
Type Disp Equity
Volume 74,946
Website https://investments.voya.com/Investor/Products/Closed-End-Funds/Profile/index.htm?psc=1244&p=288&tab=Overview
Zip 85,258-2034