Board Approves Liquidation of Voya International High Dividend Equity Income Fund
15 January 2021 - 8:30AM
Business Wire
The Board of Trustees (“the Board”) of Voya International High
Dividend Equity Income Fund (the “Fund”) (NYSE: IID) has approved a
Plan of Liquidation and Termination for the Fund. The Plan of
Liquidation and Termination is expected to take effect on or about
March 31, 2021.
Subsequent to the effectiveness of the Fund’s Plan of
Liquidation and Termination, the Fund will determine and pay, or
set aside in cash or cash equivalents, in an amount that it
estimates is necessary to discharge any unpaid liabilities and
obligations of the Fund, and make one or more liquidating
distributions to the Fund’s common shareholders. Leading up to the
final distribution date, as the Fund begins to transition its
portfolio in anticipation of making its liquidating distributions,
the Fund may deviate from its investment objectives and
policies.
The Fund has fixed the close of business on March 31, 2021 as
the effective date for determining the common shareholders of the
Fund entitled to receive liquidating distributions. As of that
time, the share transfer books of the Fund will be closed. The
trading of the Fund’s shares on the New York Stock Exchange will be
suspended effective before the open of business on April 1, 2021.
The Fund’s liquidating distributions will be paid in cash. The Fund
expects to make one or more liquidating or other distributions to
common stockholders on or about April 5, 2021. Additional details
with respect to the Fund’s liquidation will be provided as they
become available.
The Fund is a closed-end U.S.-registered management investment
company advised by Voya Investments, LLC and sub-advised by Voya
Investment Management Co. LLC.
About Voya® Investment Management
A leading, active asset management firm, Voya Investment
Management manages, as of September 30, 2020, approximately $247
billion for affiliated and external institutions as well as
individual investors. With more than 40 years of history in asset
management, Voya Investment Management has the experience and
resources to provide clients with investment solutions with an
emphasis on equities, fixed income, and multi-asset strategies and
solutions. Voya Investment Management was named in 2015, 2016,
2017, 2018, 2019, and 2020 as a “Best Places to Work” by Pensions
and Investments magazine. For more information, visit
voyainvestments.com. Follow Voya Investment Management on Twitter
@VoyaInvestments.
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SHAREHOLDER INQUIRIES: Shareholder Services at (800) 992-0180;
voyainvestments.com
CONTACT: Kris Kagel, (212) 309-6568
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