XIGDX

About XIGDX

Voya Global Equity Dividend Fund is a diversified, closed-end management investment company designed to deliver a high level of income while providing global equity exposure. The fund primarily invests in common stocks of companies worldwide that have a history of attractive dividend yields, targeting firms with market capitalizations of $1 billion or higher. A unique aspect of the fund’s strategy involves selling call options on selected indices, individual securities, or ETFs, which is intended to generate additional income and help manage portfolio volatility. Currency hedging may also be employed to reduce volatility stemming from fluctuating exchange rates. With a portfolio spanning a broad array of sectors and a notable tilt toward value and dividend-paying stocks, the fund offers investors diversification benefits compared to broad-market or technology-heavy portfolios. Managed to balance total return and risk, the fund is structured to provide consistent monthly distributions, and its high forward dividend yield underscores its role as an income-focused holding within the asset management landscape. Capital appreciation serves as a secondary objective, but the primary emphasis remains on generating steady distribution from global equity investments.