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IAE (Voya Asia Pacific High Dividend Equityome Fund) 3-Year RORE % : -98.80% (As of Aug. 2024)


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What is Voya Asia Pacific High Dividend Equityome Fund 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Voya Asia Pacific High Dividend Equityome Fund's 3-Year RORE % for the quarter that ended in Aug. 2024 was -98.80%.

The industry rank for Voya Asia Pacific High Dividend Equityome Fund's 3-Year RORE % or its related term are showing as below:

IAE's 3-Year RORE % is ranked worse than
76% of 1525 companies
in the Asset Management industry
Industry Median: -28.41 vs IAE: -98.80

Voya Asia Pacific High Dividend Equityome Fund 3-Year RORE % Historical Data

The historical data trend for Voya Asia Pacific High Dividend Equityome Fund's 3-Year RORE % 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.

* Premium members only.

Voya Asia Pacific High Dividend Equityome Fund 3-Year RORE % Chart

Voya Asia Pacific High Dividend Equityome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
3-Year RORE %
Get a 7-Day Free Trial - -147.11 -34.71 180.43 -23.72

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
3-Year RORE % 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 103.83 180.43 65.00 -23.72 -98.80

Competitive Comparison of Voya Asia Pacific High Dividend Equityome Fund's 3-Year RORE %

For the Asset Management subindustry, Voya Asia Pacific High Dividend Equityome Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Asia Pacific High Dividend Equityome Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Voya Asia Pacific High Dividend Equityome Fund's 3-Year RORE % falls into.



Voya Asia Pacific High Dividend Equityome Fund 3-Year RORE % Calculation

Voya Asia Pacific High Dividend Equityome Fund's 3-Year RORE % for the quarter that ended in Aug. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 1.167--1.06 )/( 0.161-2.415 )
=2.227/-2.254
=-98.80 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Aug. 2024 and 3-year before.


Voya Asia Pacific High Dividend Equityome Fund  (NYSE:IAE) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Voya Asia Pacific High Dividend Equityome Fund 3-Year RORE % Related Terms

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Voya Asia Pacific High Dividend Equityome Fund Business Description

Traded in Other Exchanges
N/A
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.
Executives
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Mark Weber officer: Senior Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Russell H Jones director
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Manu Vandenbulck other: Portfolio Manager PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Nicolas Simar other: Portfolio Manager PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Satish Sadashiv Bapat officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Asia Pacific High Dividend Equityome Fund Headlines