Notable News Spotlight: The New America High Income Fund (NYSE:HYB)

The New America High Income Fund (NYSE:HYB) spotted trading -0.33% off 52-week high price. On the other end, the stock has been noted 25.87% away from the low price over the last 52-weeks. The stock changed 1.36% to recent value of $8.95. The stock transacted 325060 shares during most recent day however it has an average volume of 79.5K shares. The company has 23.37M of outstanding shares.  

On Oct. 1, 2019, The New America High Income Fund (NYSE:HYB) revealed that it will pay a dividend of $.055 per share on the company’s common stock on October 31, 2019 to common shareholders of record as of the close of business on October 17, 2019. The ex-dividend date will be October 16th.

The New America High Income Fund is a diversified, closed-end management investment company with a leveraged capital structure. The Fund’s investment adviser is T. Rowe Price Associates (T. Rowe Price). As of June 30, 2019, T. Rowe Price and its affiliates managed approximately $1.1 trillion of assets, including approximately $19.2 billion of high yield investments.  T. Rowe Price has provided investment advisory services to investment companies since 1937.

 The price moved ahead of 0.99% from the mean of 20 days, 1.86% from mean of 50 days SMA and performed 5.04% from mean of 200 days price. Company’s performance for the week was 1.24%, 2.40% for month and YTD performance remained 18.39%.

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