The Technical Analyst
New America High Income [HYB]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
New America High Income Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.07% $7.24
America/New_York / 9 mai 2024 @ 12:32
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 169.12 mill |
| EPS: | 1.210 |
| P/E: | 5.98 |
| Earnings Date: | Apr 26, 2024 |
| SharesOutstanding: | 23.37 mill |
| Avg Daily Volume: | 0.0440 mill |
| RATING 2024-05-09 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Neutral | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a | n/a | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.60x |
| Company: PE 5.98 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.30x |
| Company: PE 5.98 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-3.37 (-146.52%) $-10.60 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 7.17 - 7.29 ( +/- 0.86%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-12-21 | Viceira Luis M | Buy | 2 000 | Common Stock |
| 2023-12-20 | Viceira Luis M | Buy | 2 000 | Common Stock |
| 2023-12-20 | Viceira Luis M | Buy | 1 000 | Common Stock |
| 2023-12-19 | Viceira Luis M | Buy | 1 000 | Common Stock |
| 2023-07-24 | Piret Marguerite A | Buy | 250 | Common Stock |
| INSIDER POWER |
|---|
| 100.00 |
| Last 97 transactions |
| Buy: 1 258 576 | Sell: 349 772 |
Forecast:
14:11 - $7.25
Live Trading Signals (every 1 min)
Forecast
1: 12:41 - $7.23
Forecast 2: 13:31 - $7.26
Forecast 3: 14:11 - $7.25
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $7.24 (0.07% ) |
| Volume | 0.0621 mill |
| Avg. Vol. | 0.0440 mill |
| % of Avg. Vol | 141.07 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For HYB
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
HYB
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.
Latest Press Releases
2024-05-01 17:00:00 - Press Release
The New America High Income Fund, Inc. Declares Dividend
Boston, may 01, 2024 (globe newswire) -- the new america high income fund, inc. (the “fund”) (nyse: hyb) announced today that it will pay a dividend of $.04 per share on the company's common stock on may 31, 2024 to common shareholders of record as of the close of business on may 17, 2024. the ex-dividend date will be may 16th.
2024-04-01 17:00:00 - Press Release
The New America High Income Fund, Inc. Declares Dividend
Boston, april 01, 2024 (globe newswire) -- the new america high income fund, inc. (the “fund”) (nyse: hyb) announced today that it will pay a dividend of $.04 per share on the company's common stock on april 30, 2024 to common shareholders of record as of the close of business on april 16, 2024. the ex-dividend date will be april 15th.
2024-03-01 17:00:00 - Press Release
The New America High Income Fund, Inc. Declares Dividend
Boston, march 01, 2024 (globe newswire) -- the new america high income fund, inc. (the “fund”) (nyse: hyb) announced today that it will pay a dividend of $.04 per share on the company's common stock on march 28, 2024 to common shareholders of record as of the close of business on march 15, 2024. the ex-dividend date will be march 14th.
2024-02-01 17:00:00 - Press Release
The New America High Income Fund, Inc. Declares Dividend
Boston, feb. 01, 2024 (globe newswire) -- the new america high income fund, inc. (the “fund”) (nyse: hyb) announced today that it will pay a dividend of $.04 per share on the company's common stock on february 29, 2024 to common shareholders of record as of the close of business on february 15, 2024. the ex-dividend date will be february 14th.
2023-12-18 17:00:00 - Press Release
The New America High Income Fund, Inc. Declares Special Dividend
Boston, dec. 18, 2023 (globe newswire) -- the new america high income fund, inc. (the “fund”) (nyse: hyb) announced today that it will pay a special dividend of $.0475 per share on the company's common stock on january 31, 2024 to common shareholders of record as of the close of business on december 29, 2023. the ex-dividend date will be december 28th.
Latest News
2024-03-28 11:51:16 - Seeking Alpha
The Quality Closed-End Fund Report, March 2024
Quantitative screens narrow down attractive closed-end fund candidates for further investigation. "Quality" report focuses on funds with coverage exceeding 100% to potentially reduce the risk of distribution cuts. Rankings provide shortlists for further research, not final buy or sell decisions.
2024-03-26 00:26:22 - Seeking Alpha
HYB: Attractive Valuation And Providing Monthly Income
New America High Income Fund provides diversified high-yield bond exposure and is trading at an attractive discount. Although the fund's performance has been mostly flat since our last update, it has outperformed its non-leveraged, passively managed HYT peer over the long term. HYB pays a monthly distribution with strong distribution coverage as rates stabilize; if rates are cut, we could even see a possible increase.
2024-01-26 09:00:00 - Seeking Alpha
The 8% Income Portfolio: 2023 Year-End Review
2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. We will provide updates on trades during the year, dividends collected, and overall performance. As usual, we will compare the performance with a traditional 60:40 stock/bond portfolio.
2024-01-24 09:16:18 - Seeking Alpha
BANX And HYB: Delivering Income To Investors
ArrowMark Financial Corp and New America High Income Fund are two closed-end funds that generate significant net investment income and trade at attractive discounts to their net asset values. ArrowMark Financial Corp primarily invests in regulatory capital relief securities, while New America High Income Fund invests in more traditional high-yield fixed-income securities. Both funds have the potential to provide regular income and are trading at attractive discounts, making them suitable and attractive for income investors.
2023-12-29 06:18:27 - Seeking Alpha
HYB: Buy The Wide 14% Discount
The New America High Income Fund is a fixed income closed-end fund focused on U.S. high yield. HYB follows a conservative strategy in managing leverage and collateral quality. It's willing to cut dividends to maintain sustainability, avoiding return of capital utilization. HYB has a long performance history since its inception in 1988. It aims to preserve NAV over the long term and has shown resilience through various credit cycles.
2023-10-03 11:39:13 - Seeking Alpha
HYB: Attractively Priced For High-Yield Exposure
New America High Income Fund is a high-yield bond fund trading at a deep discount, making it attractive for investors seeking high-yield exposure. HYB distribution coverage in their last report comes to around 104%, which this fund has historically focused on paying a rate that they can earn. The fund's portfolio is quite diversified and includes holdings in a variety of sectors, as well as exposure to many different companies that can all operate differently during a downturn.
2023-06-12 11:43:23 - Seeking Alpha
HYB: An Attractive Discount On This High Yield Fund
New America High-Income (HYB) is a high-yield bond fund trading at a deep discount to its net asset value, offering an attractive 7.29% distribution yield. The fund's performance has been impacted by rising borrowing costs and falling bond prices, but it remains competitive with other high-yield bond funds, such as the BlackRock Corporate High Yield Fund (HYT). HYB's deep discount and diversified portfolio make it an attractive option for investors seeking high-yield exposure, though further distribution cuts are possible due to rising interest rates.
2023-05-30 13:43:49 - Seeking Alpha
HYB: Revisiting This High Yield CEF After The Dividend Cut
The New America High Income Fund is a U.S. high-yield closed-end fund that has been around for almost 40 years and has gone through various market cycles. The fund cut its dividend in 2023, leading to a widening of the discount to NAV, which is now close to -17%. The article suggests that the market has responded erroneously to the dividend cut, but that the discount may not be corrected until the next cyclical bull market.
2023-01-26 16:37:42 - Seeking Alpha
DFP And HYB: 2 Strong Funds Focused On Paying Sustainable Distributions
DFP and HYB cut their distributions recently; DFP had cut several times through 2022. This isn't always bad as they focus on the longer term and do not overdistribute more than what they earn from income.
2023-01-14 09:00:00 - Seeking Alpha
The 8% Income Portfolio: 2022 Year-End Review
Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis.