IGA - Voya Global Advantage & Premium Opportunity Fund

What this means for you

Saba owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.

Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.

Email me if this changes

What happened, and when

1. May 11, 2026

   Advisors Asset Management sold down below 5% and stopped reporting.

   Original document →

2. March 10, 2026

   Advisors Asset Management raised its stake to 5.5% (from 4.6%), as a passive investor.

   Original document →

3. Feb 11, 2026

   Advisors Asset Management sold down below 5% and stopped reporting.

   Original document →

4. Jan 21, 2026

   Advisors Asset Management cut its stake to 5.6% (from 8%), as a passive investor.

   Original document →

5. Jan 28, 2025

   Advisors Asset Management now owns 8%, as a passive investor.

   Original document →

About this fund

• Run by Voya Investments, LLC. Part of the Voya mutual funds fund family. As of Feb 28, 2026, from the fund's yearly report. Original document →
• Size: about $171 million of holdings, as of Aug 31, 2026. As of Aug 31, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund does not borrow. As of Aug 31, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.9% a year in management fees; 1% a year in total, including interest on borrowed money. Fiscal year ended Feb 28, 2026. As of Feb 28, 2026, from the fund's yearly report. Original document →
  Among the 8 funds we follow that invest in shares and sell options on them, one charges a lower management fee and 3 charge less in total, at their last yearly reports. Both numbers are measured against the fund's own money, not the money it borrows on top, so a fund that borrows more shows higher costs on both counts.
• Payouts: last fiscal year (ended Feb 28, 2026) the fund paid $1.02 a share. $0.10 of that was income; $0.86 came from gains; $0.06 was your own money back, not income. Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of Feb 28, 2026, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Feb 28, 2026): $10.66. The shares traded at $10.08, about 5.4% below that. As of Feb 28, 2026, from the fund's yearly report. Original document →
• How the holdings did: up 7.6% over the last three months we have (June-Aug 2026), before the share price is taken into account. As of Aug 31, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 2005.

How this has changed

• Payouts per share: $1.02 in the fiscal year ended Feb 28, 2026; $1.05 in the year ended Feb 28, 2025; $0.79 in the year ended Feb 29, 2024.As of Feb 28, 2026, from the fund's annual report. Original document →
• Of that, your own money back rather than income: $0.06 in the year ended Feb 28, 2026; $0.23 in the year ended Feb 28, 2025; $0.45 in the year ended Feb 29, 2024.As of Feb 28, 2026, from the fund's annual report. Original document →
• Costs, including interest on borrowed money: 1.01% a year in the fiscal year ended Feb 28, 2026; 1% a year in the year ended Feb 28, 2025; 1% a year in the year ended Feb 29, 2024.As of Feb 28, 2026, from the fund's annual report. Original document →
• Size of the holdings: about $164 million at Feb 28, 2026; $160 million at Feb 28, 2025; $153 million at Feb 29, 2024. From the fund's quarterly holdings reports. Original documents: Feb 28, 2026 →, Feb 28, 2025 →, Feb 29, 2024 →.
• Borrowing: about 3% on top of its own money at Feb 28, 2026; none at Feb 28, 2025; none at Feb 29, 2024. From the fund's quarterly holdings reports. Original documents: Feb 28, 2026 →, Feb 28, 2025 →, Feb 29, 2024 →.
• The fund had about 15.3 million shares at Feb 28, 2026, about the same as at Feb 29, 2024.As of Feb 28, 2026, from the fund's annual report. Original document →

What these lines mean: a payout that is your own money back, what a fund costs, borrowing.

What a holder made

• The year ended Feb 28, 2026: the shares returned +14.3%, counting payouts; the holdings +13.1%. The holdings figure is what the fund's investments earned, before the share price is taken into account. As of Feb 28, 2026, from the fund's annual report. Original document →
• The year ended Feb 28, 2025: the shares returned +27.8%, counting payouts; the holdings +17.2%. As of Feb 28, 2025, from the fund's annual report. Original document →
• The year ended Feb 29, 2024: the shares returned +5.8%, counting payouts; the holdings +9.1%. As of Feb 29, 2024, from the fund's annual report. Original document →
• The year ended Feb 28, 2023: the shares returned +1.9%, counting payouts; the holdings +4.2%. As of Feb 28, 2023, from the fund's annual report. Original document →
• The year ended Feb 28, 2022: the shares returned +15.3%, counting payouts; the holdings +15%. As of Feb 28, 2022, from the fund's annual report. Original document →
• Those five years together: the shares returned +81.6%. $10,000 of shares bought at the start (March 1, 2021) would have become about $18,200 by Feb 28, 2026, with every payout counted, before tax. As of Feb 28, 2026, from the fund's annual report. Original document →
• The holdings over the last twelve months we have, to Aug 31, 2026: +16%. The quarterly reports carry no share price, so this is the holdings alone. As of Aug 31, 2026, from the fund's quarterly holdings report. Original document →
• Of the 7 funds that invest in shares with options sold on them with a fiscal year ending within six months of this one, 2 reported a higher share return for that year and 4 a lower one. As of Feb 28, 2026, from the fund's annual report. Original document →
• A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.

Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.

What the fund holds

Almost all shares (99%). About 69% issued in the U.S.

The fund also sells options on its holdings to raise income.

1. Microsoft - 7.7%
2. Micron Technology - 1.5%
3. Johnson & Johnson - 1.5%
4. Abbvie - 1.4%
5. Coca-Cola Company - 1.3%
6. Meta Platforms class A shares - 1.2%
7. iShares Trust Rus 1000 Val ETF - 1.1%
8. Union Pacific - 0.9%
9. Pfizer - 0.9%
10. Bank of Nova Scotia Com Npv - 0.9%

As of Aug 31, 2026, from the fund's quarterly holdings report. Original document →