Voya Global Advantage Fund: A Dividend-Based Investment Opportunity for Diversification

Investors seeking to diversify away from US equities may consider Voya Global Advantage and Premium Opportunity Fund, a global dividend fund with a flawed investment strategy. Despite its high fees, the fund has consistently underperformed its peers, with a 5-year return of 3.7% compared to the MSCI ACWI ex U.S. Index's 6.4%. Its flawed strategy involves investing in low-yielding companies with high dividend payouts, resulting in a low total return.