STOCK TITAN

New America High Income Fund, Inc. - HYB STOCK NEWS

Welcome to our dedicated page for New America High Income Fund news (Ticker: HYB), a resource for investors and traders seeking the latest updates and insights on New America High Income Fund stock.

New America High Income Fund, Inc. (symbol: HYB) is a diversified, closed-end management investment company headquartered in Boston, Massachusetts. Located at 33 Broad St #9, the company has carved out a niche in the investment banking and venture sectors. HYB's primary investment objective is to provide high current income while simultaneously working to preserve stockholder capital.

The fund achieves this by investing in a diversified portfolio of high-yield fixed-income securities. The Fund's leveraged capital structure allows it to invest primarily in fixed-maturity corporate debt securities that are rated below investment grade, commonly referred to as 'junk bonds'.

New America High Income Fund's portfolio includes investments across various sectors such as energy, financial services, cable operators, and healthcare. This diversified approach helps to mitigate risks associated with any single sector, thus offering a more stable return on investment.

Recent achievements of the Fund include optimized portfolio adjustments to enhance yield and risk management. The Fund's management team actively adjusts its holdings to take advantage of market opportunities while safeguarding against potential downturns. Current projects include expanding its investment reach within emerging markets and exploring new high-yield opportunities in sectors like renewable energy and technology.

Financially, the Fund is positioned to offer competitive returns through its careful selection of high-yield, lower-rated securities. Partnerships with leading financial advisors and institutions bolster its research capabilities and market insights, enabling better-informed investment decisions.

With a steadfast commitment to delivering high current income and preserving capital, New America High Income Fund, Inc. continues to be a dependable choice for investors seeking diversified high-yield fixed-income options. The company's strategic focus and proactive management make it a relevant entity in the investment landscape, offering valuable information and updates for shareholders and potential investors alike.

Rhea-AI Summary

The New America High Income Fund, Inc. (NYSE: HYB) announced a $0.05 dividend per share on its common stock, payable on September 30, 2021. Shareholders on record as of September 16, 2021 will be eligible for this dividend, and the ex-dividend date is set for September 15, 2021.

The Fund is a closed-end management investment company with a diversified portfolio and leveraged capital structure, advised by T. Rowe Price Associates, which manages approximately $1.6 trillion in total assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
dividends
-
Rhea-AI Summary

The New America High Income Fund, Inc. (NYSE: HYB) has announced a dividend of $.05 per share, payable on August 31, 2021, to shareholders recorded by the close of business on August 17, 2021. The ex-dividend date is set for August 16, 2021. The fund is managed by T. Rowe Price Associates, Inc., which oversees about $1.6 trillion in assets, including $23 billion in high-yield investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
dividends
-
Rhea-AI Summary

The New America High Income Fund, Inc. (NYSE: HYB) announced a dividend of $0.05 per share, payable on July 30, 2021, to shareholders on record as of July 16, 2021. The ex-dividend date is set for July 15, 2021. This announcement reflects the fund's commitment to returning income to shareholders. Additionally, the Fund's investment adviser, T. Rowe Price, manages approximately $1.5 trillion in assets, with about $22 billion in high yield investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
dividends
Rhea-AI Summary

The New America High Income Fund (NYSE: HYB) announced a dividend payment of $.05 per share on June 30, 2021, for common shareholders recorded by the close of business on June 16, 2021. The ex-dividend date is set for June 15, 2021. The Fund, a diversified closed-end investment company, has its investment advisory services managed by T. Rowe Price, which oversees around $1.5 trillion in assets, including $22 billion in high-yield investments. Updated portfolio data is available on the Fund's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
dividends
-
Rhea-AI Summary

The New America High Income Fund, Inc. (NYSE: HYB) has announced a dividend of $.05 per share for its common stock, payable on May 28, 2021, to shareholders of record by May 14, 2021. The ex-dividend date is set for May 13, 2021. This reflects the Fund's ongoing commitment to return income to its investors. The Fund is managed by T. Rowe Price Associates, which oversees around $22 billion in high yield investments as part of approximately $1.5 trillion in total assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
dividends
-
Rhea-AI Summary

BOSTON, April 01, 2021 (GLOBE NEWSWIRE) -- New America High Income Fund (NYSE: HYB) declared a dividend of $0.05 per share, set for payment on April 30, 2021, to shareholders on record as of April 16, 2021. The ex-dividend date is April 15, 2021. The Fund, managed by T. Rowe Price Associates, Inc., operates as a diversified, closed-end investment company with a leveraged capital structure, holding approximately $22 billion in high yield investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.77%
Tags
dividends
Rhea-AI Summary

The New America High Income Fund, Inc. (HYB) announced a dividend payment of $.05 per share on March 31, 2021, for shareholders recorded as of March 17, 2021. The ex-dividend date is set for March 16, 2021. The Fund is a diversified, closed-end management investment company, advised by T. Rowe Price Associates, Inc., which manages around $1.5 trillion in assets, including $22 billion in high yield investments. Updated portfolio data is available on the Fund's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Summary

The New America High Income Fund has elected to be subject to the Maryland Control Share Acquisition Act (MCSAA) to safeguard the interests of the Fund's stockholders. This decision aims to prevent any single stockholder from exerting excessive influence that could jeopardize long-term value. Under the MCSAA, control shares' voting rights are limited unless reinstated by stockholders. The Fund is managed by T. Rowe Price, which oversees about $1.47 trillion in assets, including $22 billion in high-yield investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
-
Rhea-AI Summary

The New America High Income Fund, Inc. (NYSE: HYB) has announced dividend payments for its common stock. A special dividend of $.0925 per share will be paid on January 29, 2021, while a regular monthly dividend of $.0500 per share is scheduled for February 26, 2021. The ex-dividend dates are December 30, 2020 for the special dividend and February 11, 2021 for the regular dividend. T. Rowe Price Associates, Inc. serves as the Fund's investment adviser, managing approximately $1.3 trillion in assets, including $21 billion in high-yield investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
dividends
Rhea-AI Summary

The New America High Income Fund (NYSE: HYB) has declared a $0.05 per share dividend to be paid on December 31, 2020, to shareholders of record as of December 17, 2020. The ex-dividend date is set for December 16, 2020. This announcement comes alongside updated portfolio data available on the Fund's website. Managed by T. Rowe Price Associates, which oversees around $1.3 trillion in assets, the Fund emphasizes high-yield investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
dividends

FAQ

What is the current stock price of New America High Income Fund (HYB)?

The current stock price of New America High Income Fund (HYB) is $8.27 as of November 22, 2024.

What is the market cap of New America High Income Fund (HYB)?

The market cap of New America High Income Fund (HYB) is approximately 193.3M.

What is the primary investment objective of New America High Income Fund, Inc.?

The Fund aims to provide high current income while preserving stockholder capital.

Where is New America High Income Fund, Inc. headquartered?

The company is headquartered at 33 Broad St #9, Boston, Massachusetts, United States.

What types of securities does the Fund invest in?

The Fund primarily invests in fixed-maturity corporate debt securities that are rated below investment grade.

What sectors does the Fund's portfolio cover?

The Fund's portfolio includes investments in sectors such as energy, financial services, cable operators, and healthcare.

What is the Fund's approach to risk management?

The Fund uses a diversified portfolio and a leveraged capital structure to enhance yield while managing risk.

What recent achievements has the Fund made?

Recent achievements include optimized portfolio adjustments to enhance yield and risk management.

What are some of the Fund's current projects?

Current projects include expanding investment reach in emerging markets and exploring high-yield opportunities in renewable energy and technology.

How does the Fund stay competitive in the market?

The Fund stays competitive through strategic management, partnerships with leading financial advisors, and a diversified investment approach.

Why should investors choose New America High Income Fund, Inc.?

Investors should choose the Fund for its high current income, capital preservation, and diversified high-yield investment options.

How does the Fund's leveraged capital structure benefit investors?

The leveraged capital structure allows the Fund to invest in higher-yield securities, offering potentially greater returns for investors.

New America High Income Fund, Inc.

NYSE:HYB

HYB Rankings

HYB Stock Data

193.31M
23.38M
0.1%
41.94%
0.11%
Asset Management
Financial Services
Link
United States of America
Baltimore