Welcome to our dedicated page for New America High Income Fund news (Ticker: HYB), a resource for investors and traders seeking the latest updates and insights on New America High Income Fund stock.
The New America High Income Fund, Inc. (HYB) is a diversified, closed-end management investment company with a leveraged capital structure whose common stock trades on the New York Stock Exchange. News about HYB focuses on the Fund’s activities as an exchange-listed investment company in the finance and insurance sector.
Most public announcements for HYB center on dividend declarations on its common stock. These items specify the dividend amount per share, the record date, payment date, and ex-dividend date, giving investors clear information about upcoming distributions. Each release also reiterates the Fund’s structure and its relationship with its investment adviser, T. Rowe Price Associates, Inc.
In addition to dividend information, HYB’s news items reference the availability of updated portfolio data. While the detailed holdings are not included in the provided text, these references indicate that the Fund periodically shares information about its portfolio composition through its own channels. This makes the news stream useful for investors who want to track how the Fund presents its investment activities and distributions over time.
Because HYB is advised by T. Rowe Price Associates, Inc., its news releases also highlight the adviser’s long history of providing investment advisory services to investment companies. Readers of this news page can follow how the Fund describes its dividend practices, portfolio data updates, and advisory relationship. For investors and observers interested in a closed-end fund with a leveraged capital structure and an income-oriented profile, HYB’s news provides recurring, structured updates on these topics.
The New America High Income Fund (NYSE: HYB) has announced a special dividend of $0.06 per share on its common stock. The dividend will be paid on March 27, 2025, with a record date of March 14, 2025, and an ex-dividend date of March 24, 2025.
The Fund operates as a diversified, closed-end management investment company with a leveraged capital structure. Its investment adviser, T. Rowe Price Associates, managed approximately $1.63 trillion in assets as of February 28, 2025, and has been providing investment advisory services since 1937.
The New America High Income Fund (NYSE: HYB) has announced an update regarding its planned reorganization into the T. Rowe Price High Yield Fund. The merger is expected to finalize before market opening on March 31, 2025. Upon completion of the reorganization, existing HYB shareholders will receive Investor Class shares of the T. Rowe Price Fund. The closing remains subject to customary closing conditions.
The New America High Income Fund (NYSE: HYB) has announced a delay in its planned reorganization into the T. Rowe Price High Yield Fund. The reorganization, which was initially scheduled to close after market hours on February 21, 2025, will now take place on a date to be mutually agreed upon by the parties involved, subject to customary closing conditions. Upon completion of the reorganization, current HYB shareholders will receive Investor Class shares of the T. Rowe Price Fund.
The New America High Income Fund (NYSE: HYB) has announced two significant developments. First, it will distribute $0.04 per share on January 31, 2025, to shareholders of record as of January 17, 2025. Second, the Fund will undergo a reorganization into the T. Rowe Price High Yield Fund, effective after market close on February 21, 2025.
As part of this reorganization, HYB shares will cease trading on the NYSE after market close on February 11, 2025. Current Fund shareholders will receive Investor Class shares of the T. Rowe Price Fund. The Fund's investment adviser, T. Rowe Price Associates, manages approximately $1.6 trillion in assets, including about $20 billion in high yield investments as of September 30, 2024.
The New America High Income Fund (NYSE: HYB) has announced a distribution of $.04 per share on its common stock, payable on December 31, 2024. Shareholders of record as of December 17, 2024 will be eligible, with the same date serving as the ex-dividend date.
The Fund operates as a diversified, closed-end management investment company with a leveraged capital structure. Its investment adviser, T. Rowe Price, managed approximately $1.6 trillion in assets, including about $20 billion in high yield investments as of September 30, 2024.
The New America High Income Fund (NYSE: HYB) shareholders have approved the reorganization into the T. Rowe Price High Yield Fund. The reorganization is expected to complete after NYSE closing on February 21, 2025. Upon completion, HYB shareholders will receive Investor Class shares of the T. Rowe Price Fund. Trading of HYB shares will be halted before the closing date. Shareholders also approved the election of Joseph L. Bower, Stuart A. McFarland, Marguerite A. Piret, Luis M. Viceira, and Ellen E. Terry.
The New America High Income Fund (NYSE: HYB) has announced a distribution of $.04 per share on its common stock, payable on November 29, 2024. Shareholders of record as of November 15, 2024 will be eligible, with the same date serving as the ex-dividend date.
The Fund operates as a diversified, closed-end management investment company with a leveraged capital structure. Its investment adviser, T. Rowe Price, managed approximately $1.6 trillion in assets, including about $20 billion in high yield investments as of September 30, 2024.
The New America High Income Fund, Inc. (NYSE: HYB) has announced a dividend of $0.04 per share on its common stock, payable on October 31, 2024. Shareholders of record as of the close of business on October 17, 2024 will be eligible, with the ex-dividend date set for the same day. The Fund, a diversified, closed-end management investment company with a leveraged capital structure, is advised by T. Rowe Price Associates, Inc.
T. Rowe Price, which has provided investment advisory services since 1937, managed approximately $1.6 trillion in assets as of June 30, 2024, including about $20 billion in "high yield" investments. Updated portfolio data is available on the Fund's website at www.newamerica-hyb.com.
The New America High Income Fund (NYSE: HYB) has announced a dividend of $0.04 per share on its common stock, payable on September 30, 2024. Shareholders of record as of the close of business on September 16, 2024 will be eligible, with the ex-dividend date also set for September 16th. The Fund, a diversified, closed-end management investment company with a leveraged capital structure, is advised by T. Rowe Price Associates. As of June 30, 2024, T. Rowe Price and its affiliates managed approximately $1.6 trillion in assets, including about $20 billion in "high yield" investments. Updated portfolio data is available on the Fund's website.
The New America High Income Fund, Inc. (NYSE: HYB) has announced a proposed reorganization into the T. Rowe Price High Yield Fund, subject to shareholder approval at the Annual Meeting in November 2024. The Fund's Board of Directors has approved this proposal, and shareholders will receive a combined proxy statement and prospectus with detailed information in Q3 or Q4 2024.
Additionally, the Fund has entered into a standstill agreement with Saba Capital Management, L.P. Under this agreement, the Board will work to secure shareholder approval for the reorganization, while Saba has agreed to withdraw its director nominations and vote in favor of the reorganization and director elections.
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