Saba Capital Management, L.P. executed a sale of 31,461 shares of Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) on January 26, 2026. The shares changed hands at $8.14 apiece, producing proceeds of $256,092 for the transaction.
Following the disposition, Saba Capital continues to hold 1,785,226 shares of the closed-end fund. Public filings identify Saba as a ten percent owner of the vehicle.
Market data show the fund trading at $8.23. Over the last 12 months the fund has posted a total return of 48.98%, and it is quoted as trading near a reported 52-week high of $8.20. The fund carries a market capitalization of $89.91 million and offers a dividend yield of 9.56%. Records indicate the fund has maintained dividend distributions for 20 consecutive years.
Analysis from InvestingPro noted that the relative strength index, or RSI, points to conditions the service characterizes as overbought for IAE. That technical reading is cited as a possible factor behind Saba Capital’s decision to pare its holding while preserving a significant residual position in the fund.
Below are the salient details surrounding the transaction and the fund’s current metrics:
- Transaction: Sale of 31,461 shares on January 26, 2026, at $8.14 per share, totaling $256,092.
- Post-transaction ownership: Saba Capital holds 1,785,226 shares and is identified as a ten percent owner.
- Market snapshot: IAE trading at $8.23, reported 52-week high $8.20, 12-month total return 48.98%, market cap $89.91 million, dividend yield 9.56%, dividends paid for 20 consecutive years.
- Technical note: InvestingPro’s analysis flags the RSI in overbought territory, which may have influenced the timing of the sale.
The transaction represents a reduction in Saba Capital’s position but leaves the firm with substantial ongoing exposure to the fund’s income profile.