New America High-Income:HYB

    Manage Alerts

    Overview

    As of 6/11/2021. NAV as of 6/4/2021.

     Share
    Price
    NAVPremium/
    Discount
    Current$9.22$9.94-7.04%
    52 Wk Avg$8.61$9.63-10.68%
    52 Wk High$9.50$9.95-4.70%
    52 Wk Low$7.41$9.01-15.97%
    Regular Distribution TypeIncome Only
    Distribution Rate6.51%
    Distribution Amount$0.0500
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To provide high current income while preserving capital through investment in diversified portfolio of high-yield fixed-income securities rated in the lower categories by established rating agencies. The portfolio consists primarily of fixed-income securities rated BB / Ba or lower. It has a leveraged capital structure.

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$316.287M
    Total Common Assets:$232.287M
    Common Shares Outstanding:23,368,918
    Leverage

    As of 6/10/2021

    Preferred Share Assets:
    Total Debt (USD): $84.000M
    Regulatory Leverage (USD): $84.000M
    Effective Leverage (USD): $84.000M
    Effective Leverage (%): 26.56%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees0.48%
    Other Expenses:0.72%
    Baseline Expense: N/A
    Interest Expense:0.58%
    Total: 1.78%
    Fund Management

    Fund Sponsor
    T. Rowe Price

    Portfolio Managers
    Rodney M. Rayburn, Mark J. Vaselkiv

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: HYB
    NAV Ticker: XHYBX
    Average Daily Volume (shares): 63,842
    Average Daily Volume (USD): $0.550M
    Inception Date: 2/26/1988
    Inception Share Price: $10.00
    Inception NAV: $0.00
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 6/11/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2020
    $0.3203
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    6.04%
    Total Return on NAV (12 months):
    As of 6/11/2021
    17.23%
    Avg. Portfolio Coupon:
    As of 6/11/2021
    6.69%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    26.56%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-8.79%
    1 Year-10.68%
    3 Year-11.37%
    5 Year-10.03%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month0.40
    6 Month0.89
    1 Year1.42
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD8.11%3.29%10.46%4.01%
    20202.45%4.28%1.13%3.11%
    201930.20%20.41%21.79%13.91%
    2018-12.61%-6.13%-5.54%-2.01%
    20179.30%10.42%9.77%9.23%
    201632.10%21.14%19.94%16.22%
    2015-5.70%-4.85%-4.93%-4.43%
    20141.12%3.16%2.04%2.36%
    20130.75%9.34%2.61%9.80%
    201212.34%20.17%16.41%20.47%
    201113.78%4.54%11.14%4.54%
    201022.20%17.59%19.84%18.51%
    2009127.56%86.56%72.15%54.64%
    2008-39.45%-33.63%  
    2007-14.32%-0.23%  
    200622.91%13.48%  
    20052.66%4.08%  
    200413.08%14.20%  
    200350.48%62.55%  
    2002-13.05%-17.20%  
    200113.98%3.78%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2021
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/4/2021
    6.69%
    Number of Holdings:
    As of 3/31/2021
    480
    Annual Portfolio Turnover:
    As of 12/31/2020
    53.11%
    Average Bond Price:
    As of 3/31/2021
    $106.84
    Asset Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)132.29%
    Corporate Bond118.18%
    Bank Loan9.62%
    Preferred Stock3.02%
    Convertible1.48%
    Utilities1.38%
    Defensive (Super Sector)1.38%
    Cash Equivalents (Super Sector)0.73%
    Cash Equivalents0.73%
    Future Forward0.00%
    Top Holdings

    As of 3/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Asset Offset$5.76M2.51%
    Targa Resources Co$3.93M1.71%
    Intelsat Jackson Holdings, Ltd. 0%$3.67M1.60%
    CLARIOS GLOBAL LP 8.5%$3.46M1.51%
    Netflix, Inc. 6.38%$3.26M1.42%
    Seven Generations Energy Ltd 5.38%$3.13M1.36%
    Solera, LLC / Solera Finance, Inc. 10.5%$3.04M1.32%
    iHeartCommunications Inc 8.38%$2.86M1.24%
    T-Mobile US, Inc. 7.13%$2.52M1.10%
    Other Liability$-84.84M-36.91%
    Credit Quality

    As of 3/31/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 3/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income108.07%
    Canada - Fixed Income4.71%
    France - Fixed Income2.92%
    Others - Fixed Income2.74%
    United Kingdom - Fixed Income2.19%
    Netherlands - Fixed Income1.94%
    United States - Equity1.38%
    Germany - Fixed Income1.35%
    Brazil - Fixed Income1.18%
    Israel - Fixed Income0.80%
    Australia - Fixed Income0.52%
    China - Fixed Income0.46%
    Spain - Fixed Income0.33%
    Greece - Fixed Income0.23%
    Ireland - Fixed Income0.18%
    Chile - Fixed Income0.13%
    New Zealand - Fixed Income0.05%
    Invalid Country - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

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

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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