The New America High Income Fund Inc.

The New America High Income Fund Inc.verified

HYB

Price:

$8.27

Market Cap:

$193.31M

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 New America High Income Fund Inc. was formed on November 19, 1987 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

1988-02-19

Stock Exchange

NYSE

Ticker

HYB

The ROE as of November 2024 (TTM) for The New America High Income Fund Inc. (HYB) is 20.61%

According to The New America High Income Fund Inc.’s latest financial reports and current stock price. The company's current ROE is 20.61%. This represents a change of 299.82% compared to the average of 5.16% of the last 4 quarters.

The New America High Income Fund Inc. (HYB) Historical ROE (quarterly & annually)

How has HYB ROE performed in the past?

The mean historical ROE of The New America High Income Fund Inc. over the last ten years is 4.21%. The current 20.61% ROE has changed 389.50% with respect to the historical average. Over the past ten years (40 quarters), HYB's ROE was at its highest in in the June 2022 quarter at 13.15%. The ROE was at its lowest in in the March 2022 quarter at -12.66%.

Quarterly (TTM)
Annual

Average

4.21%

Median

5.59%

Minimum

-21.18%

Maximum

18.29%

The New America High Income Fund Inc. (HYB) ROE by Quarter and Year

Discovering the peaks and valleys of The New America High Income Fund Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 54.68%

Maximum Annual ROE = 18.29%

Minimum Annual Increase = -464.99%

Minimum Annual ROE = -21.18%

Quarterly (TTM)
Annual
YearROEChange
202314.51%-168.53%
2022-21.18%-412.09%
20216.79%54.68%
20204.39%-75.32%
201917.78%-362.38%
2018-6.78%-168.19%
20179.94%-45.68%
201618.29%-464.99%
2015-5.01%-248.29%
20143.38%-62.50%

The New America High Income Fund Inc. (HYB) Average ROE

How has HYB ROE performed in the past?

The current ROE of The New America High Income Fund Inc. (HYB) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.04%

5-year avg

4.46%

10-year avg

4.21%

The New America High Income Fund Inc. (HYB) ROE vs. Peers

How is HYB’s ROE compared to its peers?

The New America High Income Fund Inc.’s ROE is less than Pioneer Municipal High Income Advantage Fund, Inc. (1.51%), less than DWS Municipal Income Trust (3.59%), less than RiverNorth Capital and Income Fund, Inc. (11.38%), less than Putnam Managed Municipal Income Trust (1.04%), less than Legg Mason BW Global Income Opportunities Fund Inc. (9.13%), less than Western Asset Global High Income Fund Inc. (14.81%), greater than Nuveen Senior Income Fund (-4.71%), less than Pioneer Floating Rate Fund, Inc. (10.79%), less than Nuveen Core Equity Alpha Fund (19.82%), less than Pioneer High Income Fund, Inc. (25.87%), less than Virtus Global Multi-Sector Income Fund (9.07%), less than Invesco California Value Municipal Income Trust (18.35%), less than Invesco Senior Income Trust (15.25%), less than Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (2.95%), less than Eagle Point Credit Company Inc. (15.41%), greater than Mexico Equity & Income Fund Inc. (-10.77%), less than Nuveen Real Asset Income and Growth Fund (6.06%), less than MFS Investment Grade Municipal Trust (2.17%), less than Invesco High Income 2024 Target Term Fund (11.57%), greater than Invesco High Income 2023 Target Term Fund (-2.88%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.63%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%),

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