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New America High Income Fund (HYB)

Taxable Bond Funds - High Yield Bond Funds

Data as of March 27, 2024
Current
Market Price $7.27 ( $0.00)
NAV (March 27, 2024) $8.25 ( $0.00)
Fund Listed NYSE
Premium / Discount -11.88% (0.00%)
Fund Info
Inception Feb. 26, 1988
Sponsor T. Rowe Price Associates
Website www.newamerica-hyb.com/
Phone 1-866-624-4105
NAV Symbol XHYBX
Location Massachusetts
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: High current income; high yield fixed-income securities
Related Indexes
Discount CEF/BDC Index
US Bond Index
Capital & Leverage
Outstanding Shares 23,374,744
Total Assets (Reported: Dec. 31, 2023) $279M
Estimated Total Assets $279M
Net Assets $193M
Market Cap $170M
Portfolio Turnover 14.83%
Total Leverage 31.00%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 4.29%
Non Lev Exp Ratio 1.50%
Rel Lev Cost 6.23%
Discount Data
Average Discount (3 Yr) -10.67%
Discount Low(3 Yr) -18.12%
Discount High(3 Yr) 4.04%
Discount Rel Range (3 Yr) 28.17%
Comp Discount -7.09
Discount St Dev (1Yr) 1.64
Z-Stat
Z-Stat (6mo) 0.99
Z-Stat (1Yr) 1.57
Z-Stat (3Yr) -0.28
Comp Z-Stat (6mo) -0.32
Comp Z-Stat (3Yr) -0.68
Distribution Data
Market Yield 6.60%
Income Yield 6.60%
Lev Adj NAV Yield 4.44%
Distribution Frequency M
Current Distribution $0.040
Current Income $0.040
Ex-Date 3/14/24
Payable Date 3/28/24
Div Growth (3yr) -20.00%
Dividend Change -20.0% on 12/19/22
Expected Div 4/1/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $287
Avg Volume 30 day 32,379
Avg Volume 90 day 39,501
Volume Trend -18.03%
Comp Volume Trend -10.95%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
54.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
80.0%
Price Correlation (1yr)
vs. CEFA's High Yield Bond Index
78.0%
Most Correlated Peer (Mk Pr): EAD 81.0%
NAV - Price Correlation (30 d) -1.4%
NAV - Price Correlation (90 d) 16.8%
NAV - Price Correlation (1 Yr) 93.9%
Price St Dev (1Yr) 10.8%
NAV St Dev (1Yr) 8.5%
Earnings
Earnings / Share (12/31/23) $0.041
Earn Coverage 101.25%
Earnings Trend Down
UNII / Share (12/31/23) $0.003
Rel UNII 0.65
UNII Trend Up
Bond Specific Data
Maturity 5.33
Duration 3.79
Credit Rating (rbo) B
Investment Grade 3.82%
Non Investment Grade 93.79%
Unrated Bonds 2.39%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.33
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.87
NAV Beta (2yr)
vs. CEFA's High Yield Bond Index
1.16

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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