IAE (Voya Asia Pacific High Dividend Equityome Fund) ROE %: 37.51% (As of Feb. 2026) — 503% Above Median


IAE Voya Asia Pacific High Dividend Equity Income Fund IAE
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What is Voya Asia Pacific High Dividend Equityome Fund ROE %?

Voya Asia Pacific High Dividend Equityome Fund IAE +0.89% 28 ROE % is 37.51% as of Feb. 2026, which is 503% above its 10-year median of 6.22. GuruFocus rates IAE with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,615 Asset Management companies, Voya Asia Pacific High Dividend Equityome Fund ranks better than 92.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Voya Asia Pacific High Dividend Equityome Fund's annualized net income for the quarter that ended in Feb. 2026 was $33.13 Mil. Voya Asia Pacific High Dividend Equityome Fund's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was $88.33 Mil. Therefore, Voya Asia Pacific High Dividend Equityome Fund's annualized ROE % for the quarter that ended in Feb. 2026 was 37.51%.

The historical rank and industry rank for Voya Asia Pacific High Dividend Equityome Fund's ROE % or its related term are showing as below:

IAE' s ROE % Range Over the Past 10 Years
Min: -10.5   Med: 6.22   Max: 32.95
Current: 32.95

During the past 9 years, Voya Asia Pacific High Dividend Equityome Fund's highest ROE % was 32.95%. The lowest was -10.50%. And the median was 6.22%.

IAE's ROE % is ranked better than
92.07% of 1615 companies
in the Asset Management industry
Industry Median: 6.35 vs IAE: 32.95

Voya Asia Pacific High Dividend Equityome Fund  (NYSE:IAE) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=33.132/88.3345
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33.132 / 33.266)*(33.266 / 89.116)*(89.116 / 88.3345)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.6 %*0.3733*1.0088
=ROA %*Equity Multiplier
=37.18 %*1.0088
=37.51 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=33.132/88.3345
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (33.132 / 33.132) * (33.132 / 33.266) * (33.266 / 89.116) * (89.116 / 88.3345)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 99.6 % * 0.3733 * 1.0088
=37.51 %

Note: The net income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Voya Asia Pacific High Dividend Equityome Fund ROE % Related Terms


Voya Asia Pacific High Dividend Equityome Fund ROE % Historical Data

* Premium members only.

The historical data trend for Voya Asia Pacific High Dividend Equityome Fund's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Voya Asia Pacific High Dividend Equityome Fund ROE % Chart

Voya Asia Pacific High Dividend Equityome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROE %
Get a 7-Day Free Trial Premium Member Only -2.36 -10.50 6.22 10.36 32.57

Voya Asia Pacific High Dividend Equityome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.26 19.33 0.75 28.26 37.51

IAE vs GDL, BCIC, MGF: ROE % Comparison

For the Asset Management subindustry, Voya Asia Pacific High Dividend Equityome Fund's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Voya Asia Pacific High Dividend Equityome Fund ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Asia Pacific High Dividend Equityome Fund's ROE % distribution charts can be found below:

* The bar in red indicates where Voya Asia Pacific High Dividend Equityome Fund's ROE % falls into.


IAE
28GF Score
Voya Asia Pacific High Dividend Equity Income Fund IAE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Voya Asia Pacific High Dividend Equityome Fund ROE % Calculation

Voya Asia Pacific High Dividend Equityome Fund's annualized ROE % for the fiscal year that ended in Feb. 2026 is calculated as

ROE %=Net Income (A: Feb. 2026 )/( (Total Stockholders Equity (A: Feb. 2025 )+Total Stockholders Equity (A: Feb. 2026 ))/ count )
=27.722/( (75.731+94.521)/ 2 )
=27.722/85.126
=32.57 %

Voya Asia Pacific High Dividend Equityome Fund's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Aug. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=33.132/( (82.148+94.521)/ 2 )
=33.132/88.3345
=37.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Feb. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 37.51% mean?
Voya Asia Pacific High Dividend Equityome Fund (IAE) has a ROE % of 37.51% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Voya Asia Pacific High Dividend Equityome Fund and its competitors. This is 503% above median its historical median of 6.22. According to the industry distribution chart, Voya Asia Pacific High Dividend Equityome Fund ranks #128 out of 1615 companies in the Asset Management industry, placing it in the top 7.9%.
Is Voya Asia Pacific High Dividend Equityome Fund's ROE % too high?
Voya Asia Pacific High Dividend Equityome Fund's current ROE % of 37.51% is 503% above median its 10-year median of 6.22. The Asset Management industry median ROE % is 6.35. Voya Asia Pacific High Dividend Equityome Fund's value of 37.51% is 490.7% above this industry median. Based on the distribution chart, Voya Asia Pacific High Dividend Equityome Fund ranks #128 out of 1615 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Voya Asia Pacific High Dividend Equityome Fund has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Voya Asia Pacific High Dividend Equityome Fund's ROE % compare to GDL and BCIC?
According to the Asset Management industry distribution chart, Voya Asia Pacific High Dividend Equityome Fund ranks #128 out of 1615 companies for ROE %. This places Voya Asia Pacific High Dividend Equityome Fund in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 6.35. Voya Asia Pacific High Dividend Equityome Fund's value of 37.51% is 490.7% above this benchmark. While the company's 10-year median is 6.22 vs. the industry median of 6.35, Voya Asia Pacific High Dividend Equityome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.35, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voya Asia Pacific High Dividend Equityome Fund's current ROE % of 37.51% is 490.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Voya Asia Pacific High Dividend Equityome Fund and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voya Asia Pacific High Dividend Equityome Fund's current ROE % is 37.51%, which is 503% above median its own 10-year median of 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Asia Pacific High Dividend Equityome Fund stock overvalued right now?
Voya Asia Pacific High Dividend Equityome Fund (IAE) has a current ROE % of 37.51%. The current ROE % is 37.51%, which is 503% above median its 10-year median of 6.22 and 490.7% above the Asset Management industry median of 6.35. Voya Asia Pacific High Dividend Equityome Fund's overall GF Score™ is 28/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Voya Asia Pacific High Dividend Equityome Fund (IAE), the current ROE % is 37.51% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Voya Asia Pacific High Dividend Equityome Fund Business Description

Address 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Asia Pacific High Dividend Equity Income Fund is a United States-based diversified, closed-end fund.The investment objective of the fund is to provide a total return through a combination of current income, capital gains, and capital appreciation. To achieve this objective, under normal market conditions, the fund invests in a portfolio of dividend-yielding equity securities of companies located in the Asia Pacific region.
28GF Score

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