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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:   811-21786

 

ING Global Advantage 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, 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:

May 31, 2013

 



 

Item 1. Schedule of Investments

 

The schedules of investments as of the close of the reporting period are set forth below for:

 

ING Global Advantage and Premium Opportunity Fund

 

The schedules are not audited.

 

ING GLOBAL ADVANTAGE AND PREMIUM
OPPORTUNITY FUND

PORTFOLIO OF INVESTMENTS
as of May 31, 2013 (Unaudited)

Shares
  
  
  
 Value
   
 Percentage
of Net
Assets
 
COMMON STOCK: 98.1%
 
Brazil: 1.4%
57,885
            
 
    
Banco do Brasil S.A.
       $ 679,442             0.3   
23,545
            
 
    
Embraer SA ADR
          853,977             0.3   
66,792
            
 
    
Petroleo Brasileiro SA ADR
          1,186,894             0.5   
96,141
            
 
    
Sul America SA
          625,738             0.3   
 
            
 
    
 
          3,346,051             1.4   
 
 
Canada: 0.7%
75,302
            
 
    
Barrick Gold Corp.
          1,590,378             0.7   
 
 
China: 0.8%
1,152,000
            
 
    
Bank of China Ltd.
          542,591             0.2   
220,000
            
 
    
China Resources Enterprise
          714,690             0.3   
1,978,000
            
 
    
Shanghai Electric Group Co., Ltd.
          730,997             0.3   
 
            
 
    
 
          1,988,278             0.8   
 
 
France: 3.0%
101,099
            
 
    
AXA S.A.
          2,041,156             0.9   
63,902
            
 
    
Total S.A.
          3,194,031             1.3   
40,056
            
 
    
Veolia Environnement
          500,275             0.2   
26,459
            
 
    
Vinci S.A.
          1,356,944             0.6   
 
            
 
    
 
          7,092,406             3.0   
 
 
Germany: 3.4%
14,955
            
 
    
Allianz AG
          2,310,044             0.9   
22,169
            
 
    
Bayerische Motoren Werke AG
          2,103,798             0.9   
9,796
            
 
    
Linde AG
          1,876,361             0.8   
18,515
            
 
    
Siemens AG
          1,951,708             0.8   
 
            
 
    
 
          8,241,911             3.4   
 
 
Hong Kong: 0.9%
475,970
            
 
    
AIA Group Ltd.
          2,104,262             0.9   
 
 
Ireland: 0.9%
26,570
            
 
    
Ingersoll-Rand PLC
          1,528,572             0.6   
11,695
            
@
    
Ingersoll-Rand PLC — Class A
          672,814             0.3   
 
            
 
    
 
          2,201,386             0.9   
 
 
Israel: 1.6%
30,674
            
@
    
Check Point Software Technologies
          1,536,154             0.6   
93,350
            
 
    
Israel Chemicals Ltd.
          1,038,246             0.4   
37,418
            
 
    
Nice Systems Ltd. ADR
          1,380,724             0.6   
 
            
 
    
 
          3,955,124             1.6   
 
 
Italy: 0.4%
35,000
            
 
    
Saipem S.p.A.
          933,327             0.4   
 
 
Japan: 9.2%
184,300
            
 
    
Itochu Corp.
          2,283,954             1.0   
69,900
            
 
    
Japan Tobacco, Inc.
          2,378,908             1.0   
7,300
            
 
    
Keyence Corp.
          2,227,615             0.9   
61,200
            
 
    
Komatsu Ltd.
          1,532,551             0.6   
484,200
            
 
    
Mitsubishi UFJ Financial Group, Inc.
          2,810,063             1.2   
739,000
            
 
    
Nippon Yusen KK
          1,894,721             0.8   
68,100
            
 
    
Sumitomo Mitsui Financial Group, Inc.
          2,688,573             1.1   
72,389
            
 
    
Tokio Marine Holdings, Inc.
        2,084,245             0.9   
70,500
            
 
    
Toyota Motor Corp.
          4,114,333             1.7   
 
            
 
    
 
          22,014,963             9.2   
 
 
Mexico: 1.0%
15,183
            
 
    
Fomento Economico Mexicano SAB de CV ADR
          1,648,722             0.7   
121,630
            
 
    
Grupo Financiero Banorte
          777,568             0.3   
 
            
 
    
 
          2,426,290             1.0   
 
 
Netherlands: 0.9%
20,000
            
 
    
European Aeronautic Defence and Space Co. NV
          1,151,610             0.5   
64,703
            
 
    
Reed Elsevier NV
          1,060,299             0.4   
 
            
 
    
 
          2,211,909             0.9   
 
 
Norway: 0.6%
62,326
            
 
    
Subsea 7 SA
          1,372,822             0.6   
 
 
Peru: 0.4%
53,278
            
 
    
Cia de Minas Buenaventura SA ADR
          956,340             0.4   
 
 
Poland: 0.8%
13,634
            
 
    
Powszechny Zaklad Ubezpieczen SA
          1,897,075             0.8   
 
 
Russia: 1.1%
142,961
            
 
    
Gazprom OAO ADR
          1,080,785             0.5   
120,908
            
 
    
Sberbank of Russia ADR
          1,494,423             0.6   
 
            
 
    
 
          2,575,208             1.1   
 
 
Singapore: 1.5%
181,000
            
 
    
DBS Group Holdings Ltd.
          2,450,633             1.0   
464,000
            
 
    
Wilmar International Ltd.
          1,190,140             0.5   
 
            
 
    
 
          3,640,773             1.5   
 
 
South Korea: 1.2%
2,103
            
 
    
Samsung Electronics Co., Ltd.
          2,833,500             1.2   
 
 
Spain: 0.8%
138,917
            
 
    
Telefonica S.A.
          1,911,351             0.8   
 
 
Sweden: 0.6%
116,000
            
 
    
Telefonaktiebolaget LM Ericsson
          1,362,636             0.6   
 
 
Switzerland: 7.1%
33,641
            
 
    
Cie Financiere Richemont SA
          2,974,577             1.2   
285,858
            
 
    
Glencore Xstrata PLC
          1,390,231             0.6   
56,500
            
 
    
Nestle S.A.
          3,742,822             1.6   
46,357
            
 
    
Novartis AG
          3,320,646             1.4   
16,826
            
 
    
Roche Holding AG — Genusschein
          4,171,780             1.7   
998
            
 
    
Transocean Ltd.
          50,117             0.0   
28,912
            
@
    
Transocean Ltd.
          1,452,250             0.6   
 
            
 
    
 
          17,102,423             7.1   
 
 

ING GLOBAL ADVANTAGE AND PREMIUM
OPPORTUNITY FUND

PORTFOLIO OF INVESTMENTS
as of May 31, 2013 (Unaudited) (Continued)

Shares
  
  
  
 Value
   
 Percentage
of Net
Assets
 
Taiwan: 0.6%
81,608
            
 
    
Taiwan Semiconductor Manufacturing Co., Ltd. ADR
       $ 1,522,805             0.6   
 
 
Turkey: 0.4%
182,355
            
 
    
Akbank TAS
        866,597             0.4   
 
 
United Kingdom: 7.7%
101,206
            
 
    
BG Group PLC
          1,847,025             0.8   
437,852
            
 
    
BP PLC
          3,129,441             1.3   
289,723
            
 
    
HSBC Holdings PLC
          3,178,585             1.3   
149,294
            
 
    
Prudential PLC
          2,511,308             1.0   
48,124
            
 
    
Rio Tinto PLC
          2,055,427             0.9   
76,234
            
 
    
Scottish & Southern Energy PLC
          1,789,435             0.7   
73,535
            
 
    
Standard Chartered PLC
          1,702,672             0.7   
136,987
            
 
    
WPP PLC
          2,332,092             1.0   
 
            
 
    
 
          18,545,985             7.7   
 
 
United States: 51.1%
48,108
            
@
    
Adobe Systems, Inc.
          2,064,314             0.9   
14,567
            
 
    
Air Products & Chemicals, Inc.
          1,375,270             0.6   
67,421
            
 
    
Altria Group, Inc.
          2,433,898             1.0   
41,818
            
 
    
American Electric Power Co., Inc.
          1,916,101             0.8   
84,778
            
 
    
AT&T, Inc.
          2,966,382             1.2   
206,970
            
 
    
Bank of America Corp.
          2,827,210             1.2   
144,036
            
 
    
Blackstone Group LP
          3,152,948             1.3   
49,278
            
 
    
Carnival Corp.
          1,631,102             0.7   
130,505
            
 
    
Cisco Systems, Inc.
          3,142,560             1.3   
78,558
            
 
    
Citigroup, Inc.
          4,084,230             1.7   
50,909
            
 
    
CVS Caremark Corp.
          2,931,340             1.2   
16,033
            
 
    
Cytec Industries, Inc.
          1,145,879             0.5   
9,316
            
 
    
Diamond Offshore Drilling
          641,034             0.3   
17,926
            
@
    
Dresser-Rand Group, Inc.
          1,086,316             0.4   
85,707
            
 
    
EMC Corp.
          2,122,105             0.9   
18,437
            
 
    
Emerson Electric Co.
          1,059,390             0.4   
51,512
            
 
    
Exelon Corp.
          1,614,386             0.7   
65,352
            
 
    
Freeport-McMoRan Copper & Gold, Inc.
          2,029,180             0.8   
165,460
            
 
    
General Electric Co.
          3,858,527             1.6   
22,728
            
 
    
Goldman Sachs Group, Inc.
          3,683,754             1.5   
4,660
            
@
    
Google, Inc. — Class A
          4,056,111             1.7   
47,110
            
 
    
Halliburton Co.
          1,971,554             0.8   
33,855
            
 
    
Hess Corp.
          2,282,166             0.9   
25,742
            
 
    
Honeywell International, Inc.
          2,019,717             0.8   
89,764
            
 
    
JPMorgan Chase & Co.
          4,900,217             2.0   
29,741
            
 
    
Kellogg Co.
          1,845,429             0.8   
10,794
            
 
    
Lorillard, Inc.
          458,097             0.2   
54,240
            
 
    
Marathon Oil Corp.
          1,865,314             0.8   
80,394
            
 
    
Merck & Co., Inc.
          3,754,400             1.6   
43,570
            
 
    
Metlife, Inc.
          1,926,230             0.8   
139,984
            
 
    
Microsoft Corp.
          4,882,642             2.0   
79,937
            
@
    
Mylan Laboratories
          2,436,480             1.0   
68,610
            
 
    
NetApp, Inc.
          2,574,933             1.1   
37,778
            
 
    
Nike, Inc.
        2,329,391             1.0   
86,787
            
@
    
Nuance Communications, Inc.
          1,648,953             0.7   
30,765
            
 
    
Occidental Petroleum Corp.
          2,832,534             1.2   
89,741
            
 
    
Oracle Corp.
          3,029,656             1.3   
159,942
            
 
    
Pfizer, Inc.
          4,355,221             1.8   
33,354
            
 
    
Philip Morris International, Inc.
          3,032,212             1.3   
49,816
            
 
    
PPL Corp.
          1,479,535             0.6   
43,858
            
 
    
Procter & Gamble Co.
          3,366,540             1.4   
38,665
            
 
    
Qualcomm, Inc.
          2,454,454             1.0   
10,124
            
@
    
Quintiles Transnational Holdings, Inc.
          445,861             0.2   
188,826
            
 
    
Regions Financial Corp.
          1,723,981             0.7   
37,429
            
 
    
Target Corp.
          2,601,316             1.1   
12,756
            
 
    
United Parcel Service, Inc. — Class B
          1,095,740             0.5   
34,562
            
 
    
UnitedHealth Group, Inc.
          2,164,618             0.9   
39,456
            
 
    
Walt Disney Co.
          2,488,885             1.0   
105,533
            
@
    
Weatherford International Ltd.
          1,423,640             0.6   
98,809
            
 
    
Wells Fargo & Co.
          4,006,705             1.7   
23,074
            
 
    
Yum! Brands, Inc.
          1,563,264             0.6   
 
            
 
    
 
          122,781,722             51.1   
 
 
            
 
    
Total Common Stock
                               
 
            
 
    
(Cost $214,390,387)
          235,475,522             98.1   
 
 
            
 
    
Assets in Excess of Other Liabilities
          4,608,765             1.9   
 
            
 
    
Net Assets
       $ 240,084,287             100.0   
 
@
   Non-income producing security

ADR
   American Depositary Receipt

  Cost for federal income tax purposes is $214,776,716.

Net unrealized appreciation consists of:
                        
Gross Unrealized Appreciation
               $ 26,368,988   
Gross Unrealized Depreciation
                  (5,670,182 )  
Net Unrealized Appreciation
               $ 20,698,806   
 

Sector Diversification
         Percentage
of Net Assets
Financials
                  23.7 %  
Information Technology
                  15.4   
Energy
                  11.0   
Consumer Staples
                  10.0   
Consumer Discretionary
                  9.6   
Industrials
                  9.1   
Health Care
                  8.6   
Materials
                  5.7   
Utilities
                  3.0   
Telecommunication Services
                  2.0   
Assets in Excess of Other Liabilities
                  1.9   
Net Assets
                  100.0 %  
 

ING GLOBAL ADVANTAGE AND PREMIUM
OPPORTUNITY FUND

PORTFOLIO OF INVESTMENTS
as of May 31, 2013 (Unaudited) (Continued)

Fair Value Measurements

The following is a summary of the fair valuations according to the inputs used as of May 31, 2013 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
May 31, 2013
Asset Table
                                                                    
Investments, at fair value
                                                                    
Common Stock
                                                                     
Brazil
               $ 3,346,051          $ —           $ —           $ 3,346,051   
Canada
                  1,590,378             —              —              1,590,378   
China
                  —              1,988,278             —              1,988,278   
France
                  —              7,092,406             —              7,092,406   
Germany
                  —              8,241,911             —              8,241,911   
Hong Kong
                  —              2,104,262             —              2,104,262   
Ireland
                  2,201,386             —              —              2,201,386   
Israel
                  2,916,878             1,038,246             —              3,955,124   
Italy
                  —              933,327             —              933,327   
Japan
                  —              22,014,963             —              22,014,963   
Mexico
                  2,426,290             —              —              2,426,290   
Netherlands
                  —              2,211,909             —              2,211,909   
Norway
                  —              1,372,822             —              1,372,822   
Peru
                  956,340             —              —              956,340   
Poland
                  —              1,897,075             —              1,897,075   
Russia
                  2,575,208             —              —              2,575,208   
Singapore
                  —              3,640,773             —              3,640,773   
South Korea
                  —              2,833,500             —              2,833,500   
Spain
                  —              1,911,351             —              1,911,351   
Sweden
                  —              1,362,636             —              1,362,636   
Switzerland
                  1,452,250             15,650,173             —              17,102,423   
Taiwan
                  1,522,805             —              —              1,522,805   
Turkey
                  —              866,597             —              866,597   
United Kingdom
                  —              18,545,985             —              18,545,985   
United States
                  122,781,722             —              —              122,781,722   
Total Common Stock
                  141,769,308             93,706,214             —              235,475,522   
Total Investments, at fair value
               $ 141,769,308          $ 93,706,214          $ —           $ 235,475,522   
Other Financial Instruments+
                                                                       
Futures
                  14,265             —              —              14,265   
Total Assets
               $ 141,783,573          $ 93,706,214          $ —           $ 235,489,787   
Liabilities Table
                                                                    
Other Financial Instruments+
                                                                    
Written Options
               $ —           $ (5,012,299 )         $ —           $ (5,012,299 )  
Futures
                  (345,421 )            —              —              (345,421 )  
Forward Foreign Currency Contracts
                  —              (867,147 )            —              (867,147 )  
Total Liabilities
               $ (345,421 )         $ (5,879,446 )         $ —           $ (6,224,867 )  
 

+
   Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, equity forwards, futures, swaps, and written options. Forward foreign currency contracts, equity forwards and futures are valued at the unrealized gain (loss) on the instrument. 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.


ING GLOBAL ADVANTAGE AND PREMIUM
OPPORTUNITY FUND

PORTFOLIO OF INVESTMENTS
as of May 31, 2013 (Unaudited) (Continued)

At May 31, 2013, the following forward foreign currency contracts were outstanding for the ING Global Advantage and Premium Opportunity Fund:

Counterparty
  
 Currency
   
 Contract Amount
   
 Buy/Sell
   
 Settlement Date
   
 In Exchange For
   
 Fair Value
   
 Unrealized
Appreciation
(Depreciation)
Barclays Bank PLC
            
British Pound
    
156,000
    
Sell
    
06/28/13
       $ 236,315          $ 236,987          $ (672 )  
Barclays Bank PLC
            
Israeli New Shekel
    
18,970,000
    
Sell
    
06/27/13
          5,111,684             5,140,309             (28,625 )  
Barclays Bank PLC
            
EU Euro
    
1,365,000
    
Sell
    
06/28/13
          1,759,537             1,774,396             (14,859 )  
Barclays Bank PLC
            
British Pound
    
13,459,747
    
Sell
    
06/28/13
          20,322,818             20,447,401             (124,583 )  
Barclays Bank PLC
            
EU Euro
    
14,600,000
    
Sell
    
06/28/13
          18,857,345             18,978,884             (121,539 )  
Barclays Bank PLC
            
British Pound
    
340,253
    
Sell
    
06/28/13
          513,709             516,896             (3,187 )  
Barclays Bank PLC
            
Swiss Franc
    
333,000
    
Sell
    
06/28/13
          343,797             348,317             (4,520 )  
Barclays Bank PLC
            
Japanese Yen
    
2,297,557,192
    
Sell
    
06/28/13
          22,509,910             22,873,729             (363,819 )  
Barclays Bank PLC
            
Swiss Franc
    
14,667,000
    
Sell
    
06/28/13
          15,141,614             15,341,633             (200,019 )  
Barclays Bank PLC
            
Japanese Yen
    
33,442,808
    
Sell
    
06/28/13
          327,621             332,945             (5,324 )  
 
            
 
    
 
    
 
    
 
                                     $ (867,147 )  
 

ING Global Advantage and Premium Opportunity Fund Open Futures Contracts on May 31, 2013:

Contract Description
  
 Number
of Contracts
   
 Expiration
Date
   
 Notional
Value
   
 Unrealized
Appreciation/
(Depreciation)
Long Contracts
                                                                    
FTSE 100 Index
                  80              06/21/13          $ 7,990,276          $ (215,141 )  
NIKKEI 225 (SGX)
                  47              06/13/13             3,202,578             (71,686 )  
 
                                             $ 11,192,854          $ (286,827 )  
Short Contracts
                                                                    
Euro STOXX 50®
                  (56 )            06/21/13             (2,019,080 )            14,265   
S&P 500 E-Mini
                  (47 )            06/21/13             (3,828,150 )            (58,594 )  
 
                                             $ (5,847,230 )         $ (44,329 )  
 

ING Global Advantage and Premium Opportunity Fund Written OTC Options on May 31, 2013:

Number of
Contracts/Notional
Amount
  
 Counterparty
   
 Description
   
 Exercise
Price
   
 Expiration
Date
   
 Premiums
Received
   
 Fair Value
Options on Indices
            
 
    
 
    
 
                                             
1,800
            
Barclays Bank PLC
    
Call on Euro Stoxx 50® Index
    
2,526.260  EUR
          06/07/13          $ 165,001          $ (563,674 )  
1,700
            
Barclays Bank PLC
    
Call on Euro Stoxx 50® Index
    
2,686.690  EUR
          06/21/13             149,595             (212,802 )  
1,700
            
Barclays Bank PLC
    
Call on Euro Stoxx 50® Index
    
2,806.683  EUR
          07/05/13             131,510             (81,089 )  
1,100
            
Barclays Bank PLC
    
Call on FTSE 100 Index
    
6,428.430  GBP
          06/21/13             177,931             (304,119 )  
1,100
            
Barclays Bank PLC
    
Call on FTSE 100 Index
    
6,675.500  GBP
          07/05/13             173,724             (103,260 )  
1,100
            
Citigroup, Inc.
    
Call on FTSE 100 Index
    
6,226.370  GBP
          06/07/13             189,809             (589,601 )  
27,400
            
Barclays Bank PLC
    
Call on Nikkei 225 Index
    
13,736.085  JPY
          06/21/13             121,756             (134,018 )  
32,000
            
Citigroup, Inc.
    
Call on Nikkei 225 Index
    
13,490.350  JPY
          06/07/13             142,753             (146,408 )  
27,000
            
Citigroup, Inc.
    
Call on Nikkei 225 Index
    
15,233.592  JPY
          07/05/13             134,568             (35,465 )  
19,200
            
Citigroup, Inc.
    
Call on S&P 500 Index
    
1,544.060  USD
          06/07/13             589,071             (1,661,574 )  
19,500
            
Citigroup, Inc.
    
Call on S&P 500 Index
    
1,593.364  USD
          06/21/13             543,356             (918,332 )  
19,000
            
Citigroup, Inc.
    
Call on S&P 500 Index
    
1,657.910  USD
          07/05/13             527,630             (261,957 )  
 
             Total Written OTC Options      $ 3,046,704          $ (5,012,299 )  
 

A summary of derivative instruments by primary risk exposure is outlined in the following table.

The fair value of derivative instruments as of May 31, 2013 was as follows:

Derivatives not accounted for as hedging instruments
         Derivative Type
     Fair Value
Assset Derivatives
            
Equity contracts
            
Futures
       $ 14,265   
Total Asset Derivatives
            
 
       $ 14,265   
Liability Derivatives
            
 
               
Equity contracts
            
Futures
       $ 345,421   
Foreign exchance contracts
            
Forward foreign currency contracts
          867,147   
Equity contracts
            
Written options
          5,012,299   
Total Liability Derivatives
            
 
       $ 6,224,867   
 

ING GLOBAL ADVANTAGE AND PREMIUM
OPPORTUNITY FUND

PORTFOLIO OF INVESTMENTS
as of May 31, 2013 (Unaudited) (Continued)

The following is a summary by counterparty of the fair value of OTC derivative instruments subject to Master Netting Agreements and collateral (received)/pledged, if any, at May 31, 2013(1):

Counterparty
  
 Total Fair Value
of OTC
Derivative Instruments(2)
   
 Collateral Received
   
 Net Exposure at
May 31, 2013(3)
Barclays Bank PLC
               $ (2,266,109 )         $ 870,000          $ (1,396,109 )  
Citigroup, Inc.
                  (3,613,337 )            —              (3,613,337 )  
JPMorgan Chase & Co.
                  (331,156 )            —              (331,156 )  
 

(1)
   Please refer to the table above for the gross fair values of all open OTC derivative instruments broken down by assets and liabilities at May 31, 2013.

(2)
   Represents the net fair value of all open OTC derivative instruments with each respective broker(s).

(3)
   Net exposure represents the fair value of the net receivable/(payable) that would be due from/(to) the counterparty in the event of default.


 

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): ING Global Advantage and Premium Opportunity Fund

 

 

 

By

/s/ Shaun P. Mathews

 

 

Shaun P. Mathews

 

 

President and Chief Executive Officer

 

 

 

 

Date:

July 26, 2013

 

 

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/ Shaun P. Mathews

 

 

Shaun P. Mathews

 

 

President and Chief Executive Officer

 

 

 

 

Date:

July 26, 2013

 

 

 

 

By

/s/ Todd Modic

 

 

Todd Modic

 

 

Senior Vice President and Chief Financial Officer

 

 

 

 

Date:

July 26, 2013