Positive
Seeking Alpha
20 days ago
IDE: This Industrials, Infrastructure, And Materials Fund Has Growth Potential, 10% Yield
Voya Infrastructure Industrials and Materials Fund offers a 10% yield, trades at an -8% discount to NAV, and targets global infrastructure equities. IDE's diversified portfolio benefits from macro trends in industrials, infrastructure, and materials, with strong recent performance and well-covered monthly distributions. Risks include IDE's covered call strategy and global exposure, which could impact returns if market volatility or poor execution occurs.