HYB Stock Overview
The New America High Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by T.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
The New America High Income Fund Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.04 |
| 52 Week High | US$7.41 |
| 52 Week Low | US$6.23 |
| Beta | 0.80 |
| 1 Month Change | -2.63% |
| 3 Month Change | -1.40% |
| 1 Year Change | 5.86% |
| 3 Year Change | -23.31% |
| 5 Year Change | -18.61% |
| Change since IPO | -85.92% |
Recent News & Updates
Recent updates
HYB: Attractive Valuation And Providing Monthly Income
Mar 26HYB: Buy The Wide 14% Discount
Dec 29HYB: Attractively Priced For High-Yield Exposure
Oct 03HYB: An Attractive Discount On This High Yield Fund
Jun 12HYB: Revisiting This High Yield CEF After The Dividend Cut
May 30New America High Income Fund declares $0.05 dividend
Dec 16New America High Income Fund declares $0.05 dividend
Nov 02New America High Income Fund declares $0.05 dividend
Oct 03HYB: Fully Covered 8.53% Distribution Yield
Sep 15New America High Income Fund declares $0.05 dividend
Sep 01New America High Income Fund declares $0.05 dividend
Aug 01HYB: High Yield Panic Mode Is A Buy Signal
Jun 17HYI And HYB: 2 High Yield Bond Funds Worth A Look
Apr 20HYB - Moving From Bearish To Neutral
Dec 22HYB - A Nice Sell Signal
Oct 28HYB: High Yield Fund At An Attractive Discount
Sep 13New America High Income Fund declares $0.05 dividend
May 03New America High Income Fund declares $0.05 monthly and $0.095 special dividend
Dec 18New America High Income Fund declares $0.05 dividend
Dec 01New America High Income Fund declares $0.05 dividend
Nov 02Shareholder Returns
| HYB | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.6% | -0.7% | -3.2% |
| 1Y | 5.9% | 23.2% | 19.3% |
Return vs Industry: HYB underperformed the US Capital Markets industry which returned 23.2% over the past year.
Return vs Market: HYB underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| HYB volatility | |
|---|---|
| HYB Average Weekly Movement | 1.1% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: HYB has not had significant price volatility in the past 3 months.
Volatility Over Time: HYB's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | n/a | n/a | www.newamerica-hyb.com/index.html |
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.
The New America High Income Fund Inc. Fundamentals Summary
| HYB fundamental statistics | |
|---|---|
| Market cap | US$164.56m |
| Earnings (TTM) | US$28.13m |
| Revenue (TTM) | US$19.44m |
5.9x
P/E Ratio8.5x
P/S RatioIs HYB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HYB income statement (TTM) | |
|---|---|
| Revenue | US$19.44m |
| Cost of Revenue | US$0 |
| Gross Profit | US$19.44m |
| Other Expenses | -US$8.68m |
| Earnings | US$28.13m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.20 |
| Gross Margin | 100.00% |
| Net Profit Margin | 144.67% |
| Debt/Equity Ratio | 43.3% |
How did HYB perform over the long term?
See historical performance and comparison