IGD (Voya Global Equity Dividend and Premium Opportunity Fund) Scaled Net Operating Assets: 1.01 (As of Feb. 2026)

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IGD Voya Global Equity Dividend and Premium Opportunity Fund IGD
76 GF Score
Price $6.62
GF Value $8.73
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Voya Global Equity Dividend and Premium Opportunity Fund Scaled Net Operating Assets?

Voya Global Equity Dividend and Premium Opportunity Fund IGD +0.15% 76 Scaled Net Operating Assets is 1.01 as of Feb. 2026. GuruFocus rates IGD with a GF Score™ of 76/100 and a GF Value™ of $8.73 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Voya Global Equity Dividend and Premium Opportunity Fund's operating assets for the quarter that ended in Feb. 2026 was $595.99 Mil. Voya Global Equity Dividend and Premium Opportunity Fund's operating liabilities for the quarter that ended in Feb. 2026 was $98.58 Mil. Voya Global Equity Dividend and Premium Opportunity Fund's Total Assets for the quarter that ended in Aug. 2025 was $493.60 Mil. Therefore, Voya Global Equity Dividend and Premium Opportunity Fund's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 1.01.

IGD
76GF Score
Voya Global Equity Dividend and Premium Opportunity Fund IGD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Voya Global Equity Dividend and Premium Opportunity Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Voya Global Equity Dividend and Premium Opportunity Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(595.989-98.583)/490.551
=1.01

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=597.071 - 1.082
=595.989

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=98.583 - 0 - 0
=98.583

Voya Global Equity Dividend and Premium Opportunity Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(595.989-98.583)/493.598
=1.01

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=597.071 - 1.082
=595.989

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=98.583 - 0 - 0
=98.583

* 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.

What does a Scaled Net Operating Assets of 1.01 mean?
Voya Global Equity Dividend and Premium Opportunity Fund (IGD) has a Scaled Net Operating Assets of 1.01 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Voya Global Equity Dividend and Premium Opportunity Fund and its competitors.
Is Voya Global Equity Dividend and Premium Opportunity Fund's Scaled Net Operating Assets too high?
Voya Global Equity Dividend and Premium Opportunity Fund's current Scaled Net Operating Assets is 1.01. Overall, Voya Global Equity Dividend and Premium Opportunity Fund has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voya Global Equity Dividend and Premium Opportunity Fund's Scaled Net Operating Assets compare to BGB and WIW?
Voya Global Equity Dividend and Premium Opportunity Fund's Scaled Net Operating Assets of 1.01 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Voya Global Equity Dividend and Premium Opportunity Fund and its competitors. Voya Global Equity Dividend and Premium Opportunity Fund's current Scaled Net Operating Assets is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Global Equity Dividend and Premium Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, Voya Global Equity Dividend and Premium Opportunity Fund (IGD) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.73, compared to a current price of $6.62 — trading 24.2% below its estimated fair value. The current Scaled Net Operating Assets is 1.01. Voya Global Equity Dividend and Premium Opportunity Fund's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Voya Global Equity Dividend and Premium Opportunity Fund (IGD), the current Scaled Net Operating Assets is 1.01 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.

Is Voya Global Equity Dividend and Premium Opportunity Fund (IGD) Overvalued in 2026?

Based on GuruFocus' analysis, Voya Global Equity Dividend and Premium Opportunity Fund stock appears to be undervalued. The current stock price of $6.62 is trading 24.2% below its estimated GF Value™ of $8.73. GuruFocus considers Voya Global Equity Dividend and Premium Opportunity Fund to be Modestly Undervalued.

Key valuation signals for IGD:

  • Scaled Net Operating Assets: 1.01
  • GF Value™: $8.73 vs. price of $6.62 (24.2% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the IGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voya Global Equity Dividend and Premium Opportunity Fund Business Description

Address 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Global Equity Dividend and Premium Opportunity Fund are a United States-based diversified, closed-end Fund. The primary objective of the Fund is to seek to provide investors with a high level of income from a portfolio of common stocks with historically attractive dividend yields and premiums from call option writing. The secondary investment objective of the company is capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a portfolio of common stocks of dividend-paying companies located throughout the world.
76GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.62
Price
$8.73
GF Value