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.
Saba Capital Management has entered into a standstill agreement with The New America High Income Fund (NYSE: HYB). As part of this agreement, the Fund will reorganize with and into the T. Rowe Price High Yield Fund (Nasdaq: PRHYX), pending stockholder approval.
The reorganization aims to eliminate the Fund's trading discount and reduce management fees for stockholders. Additionally, Saba will withdraw its notice to nominate individuals for election at the Fund’s 2024 Annual Meeting of Stockholders.
Paul Kazarian, Partner and Portfolio Manager of Saba, expressed satisfaction with the agreement, noting the potential benefits for stockholders.
The New America High Income Fund (NYSE: HYB) has announced a dividend of $0.04 per share on its common stock, payable on August 30, 2024. Shareholders of record as of the close of business on August 16, 2024 will be eligible, with the ex-dividend date also set for August 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 (NYSE: HYB) has announced a dividend payment of $0.04 per share on its common stock, scheduled for July 31, 2024. Shareholders who hold the stock as of July 17, 2024, will be eligible for this dividend, with the ex-dividend date also set for July 17th.
The Fund is a diversified, closed-end management investment company leveraging a capital structure managed by T. Rowe Price Associates, Inc. As of March 31, 2024, T. Rowe Price and its affiliates managed $1.5 trillion in assets, including $20 billion in high-yield investments. Updated portfolio data is available on the Fund's website.
The New America High Income Fund (NYSE: HYB) announced a dividend of $0.04 per share, payable on June 28, 2024, to shareholders of record as of June 14, 2024. The ex-dividend date is also June 14, 2024. The Fund, a diversified closed-end management investment company, is advised by T. Rowe Price Associates, which manages approximately $1.5 trillion in assets, including $20 billion in high-yield investments. Updated portfolio data is available on the Fund's website.
The New America High Income Fund, Inc. (HYB) declared a dividend of $0.04 per share to its common shareholders, payable on May 31, 2024. The ex-dividend date is May 16th. The Fund's investment adviser is T. Rowe Price, managing around $1.5 trillion in assets as of March 31, 2024. Updated portfolio data is available on the Fund's website.
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