First Trust group (NYSE: IAE) discloses 4.40% position in Voya Asia fund
Rhea-AI Filing Summary
First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation report beneficial ownership of 472,626 common shares of Voya Asia Pacific High Dividend Equity Income Fund, representing 4.40% of the class.
The reporting persons have no sole or shared voting power over these shares but report shared dispositive power over 472,626 shares, largely held in unit investment trusts sponsored by First Trust Portfolios L.P. No individual unit investment trust holds more than 3% of any registered investment company’s shares. Voting of these shares is carried out by the trustee, and each reporting person disclaims beneficial ownership of the shares identified.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 472,626 shares
Percent of class: 4.40%
Sole voting power: 0
+3 more
6 metrics
Shares beneficially owned
472,626 shares
Common shares of Voya Asia Pacific High Dividend Equity Income Fund reported by the First Trust group
Percent of class
4.40%
Portion of Voya Asia Pacific High Dividend Equity Income Fund’s common shares attributed to the reporting persons
Sole voting power
0
Shares for which the reporting persons have sole power to vote or direct the vote
Shared voting power
0
Shares for which the reporting persons have shared power to vote or direct the vote
Shared dispositive power
472,626 shares
Shares for which the reporting persons have shared power to dispose or direct disposition
Per-trust holding cap
3%
No individual unit investment trust holds more than 3% of any registered investment company’s shares
Key Terms
beneficial ownership, dispositive power, unit investment trusts, Rule 12d1-4, +1 more
5 terms
beneficial ownership financial
"Each of First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
dispositive power financial
"Shared power to dispose or to direct the disposition of: 472,626"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
unit investment trusts financial
"First Trust Portfolios L.P. acts as sponsor of certain unit investment trusts which hold shares of the issuer"
A unit investment trust (UIT) is a pooled investment that sells investors fixed “units” representing a pre-selected, unchanging bundle of stocks, bonds or other securities held for a set period. Think of it like buying a pre-packed grocery basket that won’t be rearranged — you know exactly what you own and roughly when it will end. UITs matter to investors because they offer predictable holdings and income patterns, lower active management, and clear tax and fee implications compared with regularly traded funds.
Rule 12d1-4 regulatory
"Subject to the requirements of Rule 12d1-4 under the Investment Company Act of 1940"
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Voya Asia Pacific High Dividend Equity Income Fund (IAE) do the First Trust entities report owning?
The First Trust entities report beneficial ownership of 4.40% of Voya Asia Pacific High Dividend Equity Income Fund’s common shares, based on 472,626 shares attributed to their unit investment trusts and related accounts.
Do the First Trust entities have voting power over their IAE holdings?
They report no sole or shared voting power over the Voya Asia Pacific High Dividend Equity Income Fund shares. The trustee of the unit investment trusts votes the shares, generally mirroring non-trust shareholder voting patterns.
Do First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation claim full beneficial ownership of their IAE position?
Each of the reporting persons disclaims beneficial ownership of the Voya Asia Pacific High Dividend Equity Income Fund shares identified, despite reporting them for Schedule 13G purposes with shared dispositive power only.
Who are the joint filers on the Schedule 13G/A for Voya Asia Pacific High Dividend Equity Income Fund (IAE)?
The joint filers are First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation. The Charger Corporation is the general partner of both First Trust limited partnerships and they filed jointly under Rule 13d-1(k)(1).