UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY
SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-21553
Voya Global Equity Dividend and Premium Opportunity Fund
(Exact name of registrant as specified in charter)
7337 East Doubletree Ranch Rd., Suite 100, Scottsdale, AZ 85258
(Address of principal executive offices) (Zip code)
Huey P. Falgout, Jr., 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ 85258
(Name and address of agent for service)
Registrant’s telephone number, including area code: 1-800-992-0180
Date of fiscal year end: February 28
Date of reporting period: November 30, 2018
Item 1. Schedule of Investments
The schedules of investments as of the close of the reporting period are set forth below for:
Voya Global Equity Dividend and Premium Opportunity Fund
The schedules are not audited.
| PORTFOLIO OF INVESTMENTS | |
| Voya Global Equity Dividend and Premium Opportunity Fund | as of November 30, 2018 (Unaudited) |
| Shares | Value | Percentage
of Net Assets | ||||||||||||
| COMMON STOCK: 93.9% | ||||||||||||||
| Canada: 2.0% | ||||||||||||||
| 73,547 | Canadian Imperial Bank of Commerce - XTSE | $ | 6,172,047 | 0.9 | ||||||||||
| 425,114 | Shaw Communications, Inc. - Class B | 8,002,184 | 1.1 | |||||||||||
| 14,174,231 | 2.0 | |||||||||||||
| France: 11.0% | ||||||||||||||
| 200,493 | BNP Paribas | 10,084,480 | 1.5 | |||||||||||
| 386,931 | Cie de Saint-Gobain | 14,381,109 | 2.1 | |||||||||||
| 114,700 | Danone | 8,564,172 | 1.2 | |||||||||||
| 748,790 | Engie SA | 10,554,774 | 1.5 | |||||||||||
| 341,200 | Orange SA | 5,865,316 | 0.8 | |||||||||||
| 93,097 | Sanofi | 8,440,243 | 1.2 | |||||||||||
| 188,700 | Total SA | 10,495,498 | 1.5 | |||||||||||
| 95,025 | Vinci SA | 8,291,903 | 1.2 | |||||||||||
| 76,677,495 | 11.0 | |||||||||||||
| Germany: 1.9% | ||||||||||||||
| 33,100 | Continental AG | 5,001,770 | 0.7 | |||||||||||
| 144,122 | Daimler AG | 8,148,610 | 1.2 | |||||||||||
| 13,150,380 | 1.9 | |||||||||||||
| Ireland: 1.2% | ||||||||||||||
| 88,500 | Medtronic PLC | 8,631,405 | 1.2 | |||||||||||
| Italy: 1.4% | ||||||||||||||
| 310,987 | ENI S.p.A. | 5,017,903 | 0.7 | |||||||||||
| 361,887 | UniCredit SpA | 4,671,123 | 0.7 | |||||||||||
| 9,689,026 | 1.4 | |||||||||||||
| Japan: 5.8% | ||||||||||||||
| 145,900 | Japan Airlines Co. Ltd. | 5,268,172 | 0.8 | |||||||||||
| 1,928,200 | Mitsubishi UFJ Financial Group, Inc. | 10,549,972 | 1.5 | |||||||||||
| 32,800 | Murata Manufacturing Co., Ltd. | 5,026,595 | 0.7 | |||||||||||
| 968,800 | Nissan Motor Co., Ltd. | 8,494,955 | 1.2 | |||||||||||
| 300,300 | Sumitomo Mitsui Financial Group, Inc. | 11,055,491 | 1.6 | |||||||||||
| 40,395,185 | 5.8 | |||||||||||||
| Netherlands: 3.4% | ||||||||||||||
| 179,444 | ArcelorMittal | 4,104,019 | 0.6 | |||||||||||
| 343,667 | Royal Dutch Shell PLC - Class A | 10,395,198 | 1.5 | |||||||||||
| 161,500 | Unilever NV | 8,962,374 | 1.3 | |||||||||||
| 23,461,591 | 3.4 | |||||||||||||
| Singapore: 1.2% | ||||||||||||||
| 2,418,800 | Singapore Telecommunications Ltd. | 5,439,469 | 0.8 | |||||||||||
| 149,500 | United Overseas Bank Ltd. | 2,745,034 | 0.4 | |||||||||||
| 8,184,503 | 1.2 | |||||||||||||
| South Korea: 0.6% | ||||||||||||||
| 113,217 | Samsung Electronics Co., Ltd. | 4,242,373 | 0.6 | |||||||||||
| Shares | Value | Percentage of Net Assets | ||||||||||
| COMMON STOCK: (continued) | ||||||||||||
| Spain: 2.1% | ||||||||||||
| 149,400 | ACS Actividades de Construccion y Servicios SA | $ | 5,743,002 | 0.8 | ||||||||
| 977,843 | Telefonica S.A. | 8,797,112 | 1.3 | |||||||||
| 14,540,114 | 2.1 | |||||||||||
| Switzerland: 5.6% | ||||||||||||
| 2,120,200 | Glencore PLC | 7,903,501 | 1.1 | |||||||||
| 107,200 | Nestle SA | 9,145,553 | 1.3 | |||||||||
| 45,181 | Roche Holding AG | 11,728,273 | 1.7 | |||||||||
| 757,000 | UBS Group AG | 10,261,351 | 1.5 | |||||||||
| 39,038,678 | 5.6 | |||||||||||
| United Kingdom: 7.6% | ||||||||||||
| 2,330,813 | Barclays PLC | 4,839,836 | 0.7 | |||||||||
| 2,196,600 | Kingfisher PLC | 6,996,551 | 1.0 | |||||||||
| 550,200 | Prudential PLC | 10,846,501 | 1.5 | |||||||||
| 330,950 | SSE PLC | 4,639,769 | 0.7 | |||||||||
| 1,490,800 | Standard Chartered PLC | 11,629,596 | 1.7 | |||||||||
| 6,418,354 | Vodafone Group PLC | 13,867,678 | 2.0 | |||||||||
| 52,819,931 | 7.6 | |||||||||||
| United States: 50.1% | ||||||||||||
| 50,500 | Allergan PLC | 7,908,300 | 1.1 | |||||||||
| 84,100 | American Electric Power Co., Inc. | 6,537,934 | 0.9 | |||||||||
| 47,306 | Amgen, Inc. | 9,851,474 | 1.4 | |||||||||
| 115,851 | Apple, Inc. | 20,688,672 | 3.0 | |||||||||
| 208,838 | Bristol-Myers Squibb Co. | 11,164,479 | 1.6 | |||||||||
| 92,600 | Bunge Ltd. | 5,284,682 | 0.8 | |||||||||
| 139,100 | Carnival Corp. | 8,386,339 | 1.2 | |||||||||
| 353,639 | Cisco Systems, Inc. | 16,928,699 | 2.4 | |||||||||
| 219,300 | Citigroup, Inc. | 14,208,447 | 2.0 | |||||||||
| 163,300 | ConocoPhillips | 10,807,194 | 1.6 | |||||||||
| 48,525 | Eli Lilly & Co. | 5,757,006 | 0.8 | |||||||||
| 99,895 | Eversource Energy | 6,826,824 | 1.0 | |||||||||
| 114,348 | Exxon Mobil Corp. | 9,090,666 | 1.3 | |||||||||
| 184,650 | Gap, Inc. | 5,039,098 | 0.7 | |||||||||
| 1,515,231 | General Electric Co. | 11,364,233 | 1.6 | |||||||||
| 122,400 | Gilead Sciences, Inc. | 8,805,456 | 1.3 | |||||||||
| 117,664 | Intel Corp. | 5,802,012 | 0.8 | |||||||||
| 92,331 | International Business Machines Corp. | 11,473,973 | 1.7 | |||||||||
| 152,700 | Las Vegas Sands Corp. | 8,389,338 | 1.2 | |||||||||
| 344,044 | (1) | Mattel, Inc. | 4,782,212 | 0.7 | ||||||||
| 65,975 | McDonald's Corp. | 12,436,947 | 1.8 | |||||||||
| 150,800 | Merck & Co., Inc. | 11,964,472 | 1.7 | |||||||||
| 261,347 | Metlife, Inc. | 11,663,917 | 1.7 | |||||||||
| 178,176 | Microsoft Corp. | 19,757,937 | 2.8 | |||||||||
| 317,100 | Mosaic Co. | 11,415,600 | 1.6 | |||||||||
| 222,700 | Oracle Corp. | 10,858,852 | 1.6 | |||||||||
| 257,787 | Pfizer, Inc. | 11,917,493 | 1.7 | |||||||||
| 125,000 | Philip Morris International, Inc. | 10,816,250 | 1.6 | |||||||||
| 69,104 | PNC Financial Services Group, Inc. | 9,382,941 | 1.3 | |||||||||
| 101,682 | Procter & Gamble Co. | 9,609,966 | 1.4 | |||||||||
| 198,982 | Qualcomm, Inc. | 11,592,691 | 1.7 | |||||||||
| 216,402 | Schlumberger Ltd. | 9,759,730 | 1.4 | |||||||||
| 96,083 | Verizon Communications, Inc. | 5,793,805 | 0.8 | |||||||||
| PORTFOLIO OF INVESTMENTS | |
| Voya Global Equity Dividend and Premium Opportunity Fund | as of November 30, 2018 (Unaudited) (Continued) |
| Shares | Value | Percentage of Net Assets | ||||||||||
| COMMON STOCK: (continued) | ||||||||||||
| United States: (continued) | ||||||||||||
| 135,500 | Walmart, Inc. | $ | 13,231,575 | 1.9 | ||||||||
| 349,299,214 | 50.1 | |||||||||||
| Total Common Stock (Cost $706,699,426) | 654,304,126 | 93.9 | ||||||||||
| Value | Percentage of Net Assets | |||||||||||
| PURCHASED OPTIONS (2): 0.1% | ||||||||||||
| Total Purchased Options (Cost $619,688) | 886,187 | 0.1 | ||||||||||
| Total Long-Term Investments (Cost $707,319,114) | 655,190,313 | 94.0 | ||||||||||
| Shares | Value | Percentage of Net Assets | ||||||||||
| SHORT-TERM INVESTMENTS: 4.3% | ||||||||||||
| Mutual Funds: 4.3% | ||||||||||||
| 29,998,560 | (3) | BlackRock
Liquidity Funds, FedFund, Institutional Class, 2.110% (Cost $29,998,560) | 29,998,560 | 4.3 | ||||||||
| Total
Short-Term Investments (Cost $29,998,560) | 29,998,560 | 4.3 | ||||||||||
| Total
Investments in Securities (Cost $737,317,674) | $ | 685,188,873 | 98.3 | |||||||||
| Assets in Excess of Other Liabilities | 11,671,029 | 1.7 | ||||||||||
| Net Assets | $ | 696,859,902 | 100.0 | |||||||||
| (1) | Non-income producing security. |
| (2) | The tables below the Portfolio of Investments detail open purchased options which are non-income producing securities. |
| (3) | Rate shown is the 7-day yield as of November 30, 2018. |
| Sector Diversification | Percentage of Net Assets | |||
| Financials | 17.0 | % | ||
| Information Technology | 15.3 | |||
| Health Care | 13.7 | |||
| Consumer Discretionary | 9.7 | |||
| Consumer Staples | 9.5 | |||
| Energy | 8.0 | |||
| Communication Services | 6.8 | |||
| Industrials | 6.5 | |||
| Utilities | 4.1 | |||
| Materials | 3.3 | |||
| Purchased Options | 0.1 | |||
| Short-Term Investments | 4.3 | |||
| Assets in Excess of Other Liabilities | 1.7 | |||
| Net Assets | 100.0 | % | ||
| PORTFOLIO OF INVESTMENTS | |
| Voya Global Equity Dividend and Premium Opportunity Fund | as of November 30, 2018 (Unaudited) (Continued) |
| Fair Value Measurements |
| The following is a summary of the fair valuations according to the inputs used as of November 30, 2018 in valuing the assets and liabilities: |
| Quoted
Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair
Value at November 30, 2018 | |||||||||||||
| Asset Table | ||||||||||||||||
| Investments, at fair value | ||||||||||||||||
| Common Stock | ||||||||||||||||
| Canada | $ | 14,174,231 | $ | – | $ | – | $ | 14,174,231 | ||||||||
| France | – | 76,677,495 | – | 76,677,495 | ||||||||||||
| Germany | – | 13,150,380 | – | 13,150,380 | ||||||||||||
| Ireland | 8,631,405 | – | – | 8,631,405 | ||||||||||||
| Italy | – | 9,689,026 | – | 9,689,026 | ||||||||||||
| Japan | – | 40,395,185 | – | 40,395,185 | ||||||||||||
| Netherlands | – | 23,461,591 | – | 23,461,591 | ||||||||||||
| Singapore | – | 8,184,503 | – | 8,184,503 | ||||||||||||
| South Korea | – | 4,242,373 | – | 4,242,373 | ||||||||||||
| Spain | – | 14,540,114 | – | 14,540,114 | ||||||||||||
| Switzerland | – | 39,038,678 | – | 39,038,678 | ||||||||||||
| United Kingdom | – | 52,819,931 | – | 52,819,931 | ||||||||||||
| United States | 349,299,214 | – | – | 349,299,214 | ||||||||||||
| Total Common Stock | 372,104,850 | 282,199,276 | – | 654,304,126 | ||||||||||||
| Purchased Options | – | 886,187 | – | 886,187 | ||||||||||||
| Short-Term Investments | 29,998,560 | – | – | 29,998,560 | ||||||||||||
| Total Investments, at fair value | $ | 402,103,410 | $ | 283,085,463 | $ | – | $ | 685,188,873 | ||||||||
| Other Financial Instruments+ | ||||||||||||||||
| Futures | 141,478 | – | – | 141,478 | ||||||||||||
| Total Assets | $ | 402,244,888 | $ | 283,085,463 | $ | – | $ | 685,330,351 | ||||||||
| Liabilities Table | ||||||||||||||||
| Other Financial Instruments+ | ||||||||||||||||
| Futures | $ | (1,522,354 | ) | $ | – | $ | – | $ | (1,522,354 | ) | ||||||
| Written Options | – | (3,876,798 | ) | – | (3,876,798 | ) | ||||||||||
| Total Liabilities | $ | (1,522,354 | ) | $ | (3,876,798 | ) | $ | – | $ | (5,399,152 | ) | |||||
| + | Other Financial Instruments may include open forward foreign currency contracts, futures, centrally cleared swaps, OTC swaps and written options. Forward foreign currency contracts, futures and centrally cleared swaps are valued at the unrealized gain (loss) on the instrument. OTC swaps and written options are valued at the fair value of the instrument. |
| # | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a portion of the Fund's investments are categorized as Level 2 investments. |
| At November 30, 2018, the following futures contracts were outstanding for Voya Global Equity Dividend and Premium Opportunity Fund: |
| Description | Number of Contracts | Expiration Date | Notional Value | Unrealized Appreciation/ (Depreciation) | ||||||||||
| Short Contracts: | ||||||||||||||
| EURO STOXX 50® Index | (886) | 12/21/18 | $ | (31,726,325 | ) | $ | (132,586 | ) | ||||||
| FTSE 100 Index | (418) | 12/21/18 | (37,119,218 | ) | 141,478 | |||||||||
| Nikkei 225 Index | (176) | 12/13/18 | (17,345,725 | ) | (509,629 | ) | ||||||||
| S&P 500® E-Mini | (334) | 12/21/18 | (46,063,610 | ) | (880,139 | ) | ||||||||
| $ | (132,254,878 | ) | $ | (1,380,876 | ) | |||||||||
| PORTFOLIO OF INVESTMENTS | |
| Voya Global Equity Dividend and Premium Opportunity Fund | as of November 30, 2018 (Unaudited) (Continued) |
| At November 30, 2018, the following over-the-counter purchased foreign currency options were outstanding for Voya Global Equity Dividend and Premium Opportunity Fund: |
| Description | Counterparty | Expiration Date | Exercise Price | Notional Amount | Cost | Fair Value | |||||||||||||||
| Put EUR vs. Call USD | BNP Paribas S.A. | 12/20/18 | 1.147 | USD | 14,250,000 | $ | 71,250 | $ | 191,056 | ||||||||||||
| Put EUR vs. Call USD | Societe Generale | 01/18/19 | 1.117 | USD | 15,000,000 | 67,500 | 63,028 | ||||||||||||||
| Put EUR vs. Call USD | BNP Paribas S.A. | 02/20/19 | 1.113 | USD | 13,000,000 | 64,350 | 70,896 | ||||||||||||||
| Put GBP vs. Call USD | BNP Paribas S.A. | 12/20/18 | 1.276 | USD | 15,000,000 | 94,500 | 199,214 | ||||||||||||||
| Put GBP vs. Call USD | Societe Generale | 01/18/19 | 1.249 | USD | 14,500,000 | 101,500 | 161,777 | ||||||||||||||
| Put GBP vs. Call USD | Societe Generale | 02/20/19 | 1.216 | USD | 13,000,000 | 116,350 | 118,237 | ||||||||||||||
| Put JPY vs. Call USD | BNP Paribas S.A. | 12/20/18 | 114.800 | USD | 10,000,000 | 40,000 | 14,785 | ||||||||||||||
| Put JPY vs. Call USD | Morgan Stanley & Co. International PLC | 02/20/19 | 114.950 | USD | 8,250,000 | 34,238 | 41,368 | ||||||||||||||
| Put USD vs. Call USD | Morgan Stanley & Co. International PLC | 01/18/19 | 114.800 | USD | 7,500,000 | 30,000 | 25,826 | ||||||||||||||
| $ | 619,688 | $ | 886,187 | ||||||||||||||||||
| At November 30, 2018, the following OTC written foreign currency options were outstanding for Voya Global Equity Dividend and Premium Opportunity Fund: |
| Description | Counterparty | Expiration Date | Exercise Price | Notional Amount | Premiums Received | Fair Value | |||||||||||||||
| Put USD vs. Call EUR | BNP Paribas S.A. | 12/20/18 | 1.215 | USD | 14,250,000 | $ | 71,250 | $ | (62 | ) | |||||||||||
| Put USD vs. Call EUR | Societe Generale | 01/18/19 | 1.187 | USD | 15,000,000 | 67,500 | (8,693 | ) | |||||||||||||
| Put USD vs. Call EUR | BNP Paribas S.A. | 02/20/19 | 1.179 | USD | 13,000,000 | 64,350 | (35,028 | ) | |||||||||||||
| Put USD vs. Call GBP | BNP Paribas S.A. | 12/20/18 | 1.372 | USD | 15,000,000 | 94,500 | (3,958 | ) | |||||||||||||
| Put USD vs. Call GBP | Societe Generale | 01/18/19 | 1.349 | USD | 14,500,000 | 101,500 | (41,976 | ) | |||||||||||||
| Put USD vs. Call GBP | Societe Generale | 02/20/19 | 1.338 | USD | 13,000,000 | 116,350 | (94,741 | ) | |||||||||||||
| Put USD vs. Call JPY | BNP Paribas S.A. | 12/20/18 | 107.420 | USD | 10,000,000 | 40,000 | (1,045 | ) | |||||||||||||
| Put USD vs. Call JPY | Morgan Stanley & Co. International PLC | 01/18/19 | 107.370 | USD | 7,500,000 | 30,000 | (5,878 | ) | |||||||||||||
| Put USD vs. Call JPY | Morgan Stanley & Co. International PLC | 02/20/19 | 107.270 | USD | 8,250,000 | 34,238 | (17,988 | ) | |||||||||||||
| $ | 619,688 | $ | (209,369 | ) | |||||||||||||||||
| At November 30, 2018, the following OTC written equity options were outstanding for Voya Global Equity Dividend and Premium Opportunity Fund: |
| Description | Counterparty | Put/Call | Expiration Date | Exercise Price | Number
of Contracts | Notional
Amount | Premiums Received | Fair Value | ||||||||||||||||||||
| EURO STOXX 50® Index | Morgan Stanley & Co. International PLC | Call | 12/07/18 | 3,233.000 | EUR | 3,900 | 12,375,207 | $ | 233,372 | $ | (56,357 | ) | ||||||||||||||||
| EURO STOXX 50® Index | Societe Generale | Call | 12/21/18 | 3,250.823 | EUR | 3,800 | 12,057,894 | 223,500 | (86,421 | ) | ||||||||||||||||||
| EURO STOXX 50® Index | BNP Paribas S.A. | Call | 01/04/19 | 3,226.685 | EUR | 3,900 | 12,375,207 | 215,824 | (157,532 | ) | ||||||||||||||||||
| FTSE 100 Index | BNP Paribas S.A. | Call | 12/07/18 | 7,100.000 | GBP | 1,600 | 11,168,384 | 201,828 | (46,843 | ) | ||||||||||||||||||
| FTSE 100 Index | BNP Paribas S.A. | Call | 12/21/18 | 7,167.834 | GBP | 1,500 | 10,470,360 | 196,676 | (65,410 | ) | ||||||||||||||||||
| FTSE 100 Index | BNP Paribas S.A. | Call | 01/04/19 | 7,140.448 | GBP | 1,600 | 11,168,384 | 194,005 | (124,744 | ) | ||||||||||||||||||
| Nikkei 225 Index | BNP Paribas S.A. | Call | 12/07/18 | 22,974.000 | JPY | 41,200 | 920,863,672 | 139,481 | (22,909 | ) | ||||||||||||||||||
| Nikkei 225 Index | Societe Generale | Call | 12/21/18 | 22,687.000 | JPY | 43,200 | 965,565,792 | 179,769 | (93,144 | ) | ||||||||||||||||||
| Nikkei 225 Index | BNP Paribas S.A. | Call | 01/04/19 | 22,039.050 | JPY | 44,800 | 1,001,327,488 | 157,420 | (254,924 | ) | ||||||||||||||||||
| S&P 500® | Societe Generale | Call | 12/07/18 | 2,828.419 | USD | 29,800 | 82,253,066 | 1,215,393 | (145,233 | ) | ||||||||||||||||||
| S&P 500® | Societe Generale | Call | 12/21/18 | 2,765.223 | USD | 28,900 | 79,768,913 | 1,312,262 | (1,264,932 | ) | ||||||||||||||||||
| S&P 500® | BNP Paribas S.A. | Call | 01/04/19 | 2,781.285 | USD | 29,200 | 80,596,964 | 1,170,429 | (1,348,980 | ) | ||||||||||||||||||
| $ | 5,439,959 | $ | (3,667,429 | ) | ||||||||||||||||||||||||
| PORTFOLIO OF INVESTMENTS | |
| Voya Global Equity Dividend and Premium Opportunity Fund | as of November 30, 2018 (Unaudited) (Continued) |
| Currency Abbreviations | ||
| EUR | - | EU Euro |
| GBP | - | British Pound |
| JPY | - | Japanese Yen |
| USD | - | United States Dollar |
A summary of derivative instruments by primary risk exposure is outlined in the following tables.
The fair value of derivative instruments as of November 30, 2018 was as follows:
| Fair Value | ||||||
| Derivatives not accounted for as hedging instruments | ||||||
| Asset Derivatives | Instrument Type | |||||
| Foreign exchange contracts | Purchased options | $ | 886,187 | |||
| Equity contracts | Futures contracts | 141,478 | ||||
| Total Asset Derivatives | $ | 1,027,665 | ||||
| Liability Derivatives | Instrument Type | |||||
| Equity Contracts | Futures contracts | $ | 1,522,354 | |||
| Equity Contracts | Written options | 3,667,429 | ||||
| Foreign exchange contracts | Written options | 209,369 | ||||
| Total Liability Derivatives | $ | 5,399,152 | ||||
The following is a summary by counterparty of the fair value of OTC derivative instruments subject to Master Netting Agreements and collateral pledged (received), if any, at November 30, 2018:
| BNP Paribas S.A. | Morgan Stanley & Co. International PLC | Societe Generale | Totals | |||||||||||||
| Assets: | ||||||||||||||||
| Purchased Options | $ | 475,951 | $ | 67,194 | $ | 343,042 | $ | 886,187 | ||||||||
| Total Assets | $ | 475,951 | $ | 67,194 | $ | 343,042 | $ | 886,187 | ||||||||
| Liabilities: | ||||||||||||||||
| Written options | $ | 2,061,435 | $ | 80,223 | $ | 1,735,140 | $ | 3,876,798 | ||||||||
| Total Liabilities | $ | 2,061,435 | $ | 80,223 | $ | 1,735,140 | $ | 3,876,798 | ||||||||
| Net OTC derivative instruments by counterparty, at fair value | $ | (1,585,484 | ) | $ | (13,029 | ) | $ | (1,392,098 | ) | (2,990,611 | ) | |||||
| Total collateral pledged by the Fund/(Received from counterparty) | $ | 1,330,000 | $ | 13,029 | $ | 730,000 | $ | 2,073,029 | ||||||||
| Net Exposure(1)(2) | $ | (255,484 | ) | $ | - | $ | (662,098 | ) | $ | (917,582 | ) | |||||
| (1) | Positive net exposure represents amounts due from each respective counterparty. Negative exposure represents amounts due from the Fund. |
| (2) | At November 30, 2018, the Fund had pledged $170,000 in cash collateral to Morgan Stanley & Co. International PLC. Excess cash collateral is not shown for financial reporting purposes. |
| At November 30, 2018, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments at period end were: |
Cost for federal income tax purposes was $738,583,678.
Net unrealized depreciation consisted of:
| Gross Unrealized Appreciation | $ | 71,628,297 | ||
| Gross Unrealized Depreciation | (123,147,298 | ) | ||
| Net Unrealized Depreciation | $ | (51,519,001 | ) |
Item 2. Controls and Procedures.
| (a) | Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrant’s disclosure controls and procedures are effective to ensure that material information relating to the registrant is made known to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N-Q are being prepared, and the registrant’s disclosure controls and procedures allow timely preparation and review of the information for the registrant’s Form N-Q and the officer certifications of such Form N-Q. |
| (b) | There were no significant changes in the registrant’s internal controls over financial reporting that occurred during the registrant’s last fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 3. Exhibits.
A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as EX- 99.CERT.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant): Voya Global Equity Dividend and Premium Opportunity Fund
| By | /s/ Michael Bell | |
| Michael Bell | ||
| Chief Executive Officer | ||
| Date: | January 25, 2019 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By | /s/ Michael Bell | |
| Michael Bell | ||
| Chief Executive Officer |
| Date: | January 25, 2019 |
| By | /s/ Todd Modic | |
| Todd Modic | ||
| Senior Vice President and Chief Financial Officer |
| Date: | January 25, 2019 |