VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND & VOYA INFRASTRUCTURE, INDUSTRIALS AND MATERIALS FUND ANNOUNCES PAYMENT OF MONTHLY DISTRIBUTION

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SCOTTSDALE, Ariz., October 15, 2024--(BUSINESS WIRE)--Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the "Funds") today announced important information concerning the Funds’ distributions declared in September 2024. This press release is issued as required by the Funds’ Managed Distribution Plan (the "Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the October distribution. It is not determinative of the tax character of the Funds’ distributions for the 2024 calendar year. Shareholders should note that the Funds’ total regular distribution amount is subject to change as a result of market conditions or other factors.

The amounts and sources of distributions reported in this notice are estimates, are not being provided for tax reporting purposes and the distribution may later be determined to be from other sources including realized short-term gains, long-term gains, to the extent permitted by law, and return of capital. The actual amounts and sources for tax reporting purposes will depend upon the Funds’ investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Monthly Distribution: Payable October 15, 2024

Distribution Amount per Common Share (IGA): $0.085

Distribution Amount per Common Share (IDE): $0.100

The following table sets forth an estimate of the sources of the Fund’s October distribution and its cumulative distributions paid this fiscal year to date. Amounts are expressed on a per common share basis and as a percentage of the distribution amount.

Voya Global Advantage and Premium Opportunity Fund

Source

Current
Distribution

% of Current
Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

 

% of the Cumulative
Distributions for the
Fiscal Year-to-Date1

 

Net Investment Income

$ 0.024

28.00%

$ 0.181

25.57%

Net Realized Short-Term Capital Gains

$ 0.000

0.00%

$ 0.000

0.00%

Net Realized Long-Term Capital Gains

$ 0.000

0.00%

$ 0.245

34.73%

Return of Capital or Other Capital Source(s)

$ 0.061

72.00%

$ 0.281

39.70%

Total per common share

$ 0.085

100.00%

$ 0.707

100.00%

Voya Infrastructure, Industrials and Materials Fund

Source

Current
Distribution

% of Current
Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

 

% of the Cumulative
Distributions for the
Fiscal Year-to-Date1

 

Net Investment Income

$ 0.018

17.95%

$ 0.133

16.00%

Net Realized Short-Term Capital Gains

$ 0.000

0.00%

$ 0.004

0.54%

Net Realized Long-Term Capital Gains

$ 0.027

26.90%

$ 0.301

36.35%

Return of Capital or Other Capital Source(s)

$ 0.055

55.15%

$ 0.391

47.11%

Total per common share

$ 0.100

100.00%

$ 0.729

100.00%

1 The Fund’s fiscal year is March 1, 2024 to February 28, 2025.

IMPORTANT DISCLOSURE: You should not draw any conclusions about the Funds’ investment performance from the amount of this distribution or from the terms of the Funds’ Plan. The Funds’ estimate that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Funds’ is paid back to you. A return of capital distribution does not necessarily reflect the Funds’ investment performance and should not be confused with ‘yield’ or ‘income.’ The amounts and sources of distributions reported in this Section 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Funds’ investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Funds’ will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.