Voya Global Advantage and Premium Opportunity Fund Common Shares of Beneficial Interest (IGA)

FairStock Score: 55/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I view this security first as a closed-end fund, not an ordinary company. Voya Global Advantage and Premium Opportunity Fund invests globally in value stocks across market caps and is co-managed by several Voya and NNIP entities. As of the 2026-10-13 close, the price was $10.04, market cap $146.5M, P/E 8.16, P/B 0.94, and dividend yield 9.56%. FairStock's Graham Number is $17.18, implying a 41.56% margin of safety. On the surface, that is a Graham-style bargain: earnings multiple low, price below book, high payout. The balance sheet shows D/E 0.00, and ROE is 11.67%, but ROCE is only 1.12%, which suggests capital efficiency is not compelling. The Piotroski F-Score is 1/9, a weak financial-health signal. Altman Z-Score 2.86 is in a gray zone. A low beta of 0.46 means the market has treated it as less volatile than the broad market. The FairStock Score is 55/100, mixed. The biggest analytical handicap is history: there are only 0 years of filed annual results, and Lynch categorization is none because three years are needed. Revenue and profit growth are not available, so I cannot judge the trajectory. The 9.56% yield is alluring, but for a closed-end fund the key question is whether distributions are covered by investment income and gains; the data does not say. In sum, the price looks statistically cheap and the yield is high, but the quality and sustainability evidence is thin and warns caution. I would want more filed results and distribution coverage before calling it a durable value.

In plain English: Voya Global Advantage and Premium Opportunity Fund is a closed-end fund that buys value stocks around the world. The numbers are mixed: it trades below its accounting book value and offers a very high payout, but financial health signals are weak and there is little filed history. Based on the given figures, the price looks cheap compared with earnings and book value, though the weak signals make that cheapness uncertain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer