HYB

New America High Income Fund
HYB

$8.25

0%

Market Cap: $193M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

11% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 18

5% more capital invested

Capital invested by funds: $55M [Q1] → $57.9M (+$2.87M) [Q2]

1.45% more ownership

Funds ownership: 32.35% [Q1] → 33.8% (+1.45%) [Q2]

4% less funds holding

Funds holding: 56 [Q1] → 54 (-2) [Q2]

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for HYB.

See Analyst Rankings

Financial journalist opinion

The New America High Income Fund, Inc. Declares Dividend

BOSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.04 per share on the company's common stock on September 30, 2024 to common shareholders of record as of the close of business on September 16, 2024. The ex-dividend date will be September 16th.

The New America High Income Fund, Inc. Declares Dividend

HYB: Saba Does It Again, Quasi-Eliminating The Discount For This CEF

This article discusses the recent events surrounding the New America High Income Fund, a closed-end fund that historically traded at a discount to its net asset value. Activist hedge fund Saba Capital identified HYB's discount as an arbitrage opportunity and took a position in the fund. Saba successfully pushed for a reorganization where HYB will potentially merge into the T. Rowe Price High Yield Fund, an open-ended mutual fund.

HYB: Saba Does It Again, Quasi-Eliminating The Discount For This CEF

The New America High Income Fund, Inc. Announces Proposed Reorganization and Agreement with Saba Capital

BOSTON, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that the Fund's Board of Directors has approved a proposal to reorganize the Fund into the T. Rowe Price High Yield Fund, a separate series of the T. Rowe Price High Yield Fund, Inc. The reorganization is subject to approval by Fund shareholders, who will be asked to vote on the proposal at the Fund's Annual Meeting of Shareholders expected to take place in November 2024 (the “Meeting”).

The New America High Income Fund, Inc. Announces Proposed Reorganization and Agreement with Saba Capital

Saba Capital Reaches Agreement With The New America High Income Fund

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”), today announced that it has entered into a standstill agreement with The New America High Income Fund (NYSE: HYB) (the “Fund”). Under the terms of the agreement, The New America High Income Fund will, subject to stockholder approval, reorganize with and into the T. Rowe Price High Yield Fund, Inc. (Nasdaq: PRHYX), an open-end management investment company registered under the Inve.

Saba Capital Reaches Agreement With The New America High Income Fund

The New America High Income Fund, Inc. Declares Dividend

BOSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.04 per share on the company's common stock on August 30, 2024 to common shareholders of record as of the close of business on August 16, 2024. The ex-dividend date will be August 16th.

The New America High Income Fund, Inc. Declares Dividend

The New America High Income Fund, Inc. Declares Dividend

BOSTON, July 01, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.04 per share on the company's common stock on July 31, 2024 to common shareholders of record as of the close of business on July 17, 2024. The ex-dividend date will be July 17th.

The New America High Income Fund, Inc. Declares Dividend

HYB: Holding This High Yield CEF For The DRIP (Rating Downgrade)

The New America High Income Fund is a fixed income CEF. The fund's previously attractive discount to NAV has narrowed, and the instrument has a high cost of leverage due to rising rates. The CEF's conservative portfolio may limit downside in a downturn, but also limits upside outside the current dividend yield.

HYB: Holding This High Yield CEF For The DRIP (Rating Downgrade)

The New America High Income Fund, Inc. Declares Dividend

BOSTON, June 03, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.04 per share on the company's common stock on June 28, 2024 to common shareholders of record as of the close of business on June 14, 2024. The ex-dividend date will be June 14th.

The New America High Income Fund, Inc. Declares Dividend

The New America High Income Fund, Inc. Declares Dividend

BOSTON, May 01, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.04 per share on the company's common stock on May 31, 2024 to common shareholders of record as of the close of business on May 17, 2024. The ex-dividend date will be May 16th.

The New America High Income Fund, Inc. Declares Dividend

The New America High Income Fund, Inc. Declares Dividend

BOSTON, April 01, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.04 per share on the company's common stock on April 30, 2024 to common shareholders of record as of the close of business on April 16, 2024. The ex-dividend date will be April 15th.

The New America High Income Fund, Inc. Declares Dividend

See News Rankings