Voya Investment Management Closed-End Funds Announce Proposed Mergers

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA) announced today that it has recommended, and the Boards of Trustees of the Voya Asia Pacific High Dividend Equity Income Fund (TICKER: IAE) and the Voya Emerging Markets High Dividend Equity Fund (TICKER: IHD) have each approved, a merger of their respective fund into the Voya Multi-Manager Emerging Markets Equity Fund (TICKER: IEMLX), an open-end fund. Voya Investm.