The New America High Income Fund Inc. (HYB) Research
The New America High Income Fund Inc. operates as a closed-end investment vehicle specializing in fixed income, under the professional management of T. Rowe Price Associates, Inc. This fund primarily allocates capital within the United States' debt markets, with a particular focus on high-yield fixed-income instruments, commonly known as "junk bonds." These holdings generally possess credit ratings of BB or lower from S&P, or Ba or below from Moody's. The fund gauges its effectiveness by comparing its portfolio's returns against the Credit Suisse High Yield Index and the Citigroup 10 Year Treasury Index. Formed in the United States on November 19, 1987, it continues to be based domestically.
Market snapshot
- Symbol
- HYB
- Price
- $8.20
- Day change
- -1.09%
- Market cap
- $191.7M
- P/E ratio
- 6.81x
- 52-week range
- 6.64-8.4099
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Apollo Senior Floating Rate Fund Inc. (AFT)
- Apollo Tactical Income Fund Inc. (AIF)
- BMO Aggressive Allocation Fund- Class R6 (BDSQX)
- BMO Aggressive Allocation Fund- Class Y (BDSYX)
- Allspring C&B Mid Cap Value Fund Class A (CBMAX)
- Allspring C&B Mid Cap Value Fund Admin Cl (CBMIX)
- First Trust Dynamic Europe Equity Income Fund (FDEU)
- First Trust New Opportunities MLP & Energy Fund (FPL)
Recent insider activity
- BANK OF AMERICA CORP /DE/ — J-Other (1 shares) on 2012-04-05
- Viceira Luis M — P-Purchase (2000 shares) on 2023-12-21
- Viceira Luis M — P-Purchase (2000 shares) on 2023-12-20
- Viceira Luis M — P-Purchase (1000 shares) on 2023-12-20
- Viceira Luis M — P-Purchase (1000 shares) on 2023-12-19
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