The New America High Income Fund Inc. (HYB)

8.20
-0.09 (-1.09%)
Inactive · Last trade price on Feb 11, 2025
Market Value191.67M
Revenue (ttm)19.85M
Net Income19.69M
EPS0.84
Shares Out 23.37M
PE Ratio9.74
Forward PEn/a
Dividend$0.48 (5.85%)
Ex-Dividend DateJan 17, 2025
Volume889,265
Open8.29
Previous Close8.29
Day's Range8.20 - 8.30
52-Week Range6.64 - 8.41
Beta0.82
Analystsn/a
Price Targetn/a
Earnings Daten/a

About HYB

The New America High Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e. junk bonds rated BB or lower by S&P or Ba or lower by Moody. It benchmarks the performance of its portfolio against the Credit Suisse High Yield Index and the Citigroup 10 Year Treasury Index. The Ne... [Read more]

IPO Date Nov 18, 1999
Country United States
Stock Exchange NYSE
Ticker Symbol HYB
Full Company Profile

News

The New America High Income Fund, Inc. Declares Special Dividend

BOSTON, March 21, 2025 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a special dividend of $.06 per share on the company's common...

1 year ago - GlobeNewsWire

The New America High Income Fund, Inc. Update on Timing of Reorganization

BOSTON, March 12, 2025 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that the reorganization of the Fund into the T. Rowe Price High Yield Fund (t...

1 year ago - GlobeNewsWire

The New America High Income Fund, Inc. Declares Distribution and Announces That Its Shares Will Cease Trading February 11 Prior to Reorganization

BOSTON, Jan. 02, 2025 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a distribution of $0.04 per share on the company's common sto...

1 year ago - GlobeNewsWire

The New America High Income Fund, Inc. Declares Distribution

BOSTON, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a distribution of $.04 per share on the company's common stoc...

1 year ago - GlobeNewsWire

The New America High Income Fund, Inc. Results of 2024 Annual Meeting

BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that shareholders of the Fund have approved a proposal to reorganize the Fund ...

1 year ago - GlobeNewsWire

The New America High Income Fund, Inc. Declares Dividend

BOSTON, Oct. 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...

1 year ago - GlobeNewsWire

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 F...

1 year ago - GlobeNewsWire

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...

1 year ago - Business Wire

The New America High Income Fund, Inc. Declares Dividends

BOSTON, Dec. 19, 2022 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE:HYB) announced today the following dividends to be paid on the Fund's common stock:

3 years ago - GlobeNewsWire

CORRECTION -- The New America High Income Fund, Inc.

BOSTON, July 01, 2022 (GLOBE NEWSWIRE) -- In a release issued on Thursday, June 30th by The New America High Income Fund, Inc. (NYSE: HYB), please note that in the first paragraph of the release, the ...

4 years ago - GlobeNewsWire

Why the spring housing market may see price drops

CNBC's Diana Olick reports on how rising rates are impacting monthly mortgage payments. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CN...

Other symbols: ITBPKBXHB
5 years ago - CNBC Television

Homebuilder confidence improves, despite record high lumber prices

Buyer demand for newly built homes continues to surge, and that is keeping builder confidence high even as building material prices climb.

Other symbols: ITBPKBXHB
5 years ago - CNBC

The New America High Income Fund, Inc. Announces Election to Opt in to Maryland Control Share Acquisition Act

BOSTON, Feb. 16, 2021 (GLOBE NEWSWIRE) -- The board of directors (the “Board”) of The New America High Income Fund, Inc. (the “Fund”) announced that the Fund has elected to be subject to the Maryland ...

5 years ago - GlobeNewsWire

U.S. homebuilders confidence slips in January

U.S. homebuilder confidence in the market for single family homes unexpectedly fell in January, pulled down by surging COVID-19 infections and more expensive lumber, though the housing market remains ...

Other symbols: ITBXHB
5 years ago - Reuters

Spike in lumber and land prices causes homebuilder confidence to fall from epic high

The rising costs of getting homes built is making builders less optimistic.

Other symbols: ITBXHB
5 years ago - CNBC

Economic Report: Home builder confidence falls amid rising COVID-19 cases, higher prices for materials

A number of factors are making it harder to build homes right now, which is bad news for buyers.

Other symbols: ITBXHB
5 years ago - Market Watch

Biden looks to give a big boost to homebuyers and builders

President-elect Joe Biden's housing agenda is focused on affordability. Changes to mortgage lending and home construction will be key.

Other symbols: ITBXHB
5 years ago - CNBC

Home prices overheating could be hurting affordability

CNBC's Diana Olick breaks down the latest housing starts and building permit data and what the numbers mean for the overall housing market.

Other symbols: ITBXHB
5 years ago - CNBC Television

Housing market index dips after three months of record highs

CNBC's Rick Santelli and Diana Olick report on the latest round of economic data.

Other symbols: ITBXHB
5 years ago - CNBC Television

Economic Report: Home-builder confidence slips from record high in December, as buyers get cold feet

The housing market remains hot, but the outlook for the year ahead has become murkier as COVID-19 vaccines roll out.

Other symbols: ITBXHB
5 years ago - Market Watch

Homebuilder confidence drops from record high as high prices hit buyers

Homebuilder confidence in the single-family housing market pulled back in December. Builders say they are concerned that buyers are feeling shock.

Other symbols: ITBXHB
5 years ago - CNBC

Homebuyer demand is surging after taking a slight break around the election

CNBC's Diana Olick reports the latest mortgage application data.

Other symbols: ITBXHB
5 years ago - CNBC Television

Home builder confidence reaches all-time-high

Business inventories were up 0.7 percent versus 0.6 percent as predicted and homebuilder confidence and sentiment in November hit another record high. CNBC's Rick Santelli and Diana Olick report on th...

Other symbols: ITBXHB
5 years ago - CNBC Television

Economic Report: Home builder confidence surges to new record high as sales volume grows

Even as the housing market finally begins to cool down with the weather, analysts expect a bright future for the sector in the months ahead.

Other symbols: ITBXHB
5 years ago - Market Watch

Homebuilder confidence in November shatters record high, as buyers keep fleeing for the suburbs

In November, builder confidence in the construction market for single-family homes soared to its third record high in as many months.

Other symbols: ITBXHB
5 years ago - CNBC