New America High Income Fund (HYB)

8.21 +0.06  +0.74% NYSE Aug 5, 12:41 USD
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Key Stats

Net Asset Value 9.49
Discount or Premium to NAV -14.12%
Turnover Ratio 65.64%
1 Year Fund Level Flows --

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 3.76% 4.97% 3.60% 20
3M 13.07% 13.94% 13.02% 48
6M -7.47% -1.84% -5.11% 28
YTD -7.06% -1.94% -4.78% 30
1Y -0.86% 3.01% -1.45% 18
3Y 2.29% 3.99% 3.02% 38
5Y 7.75% 6.40% 5.23% 14
10Y 7.14% 8.04% 7.57% 27
15Y 7.80% 8.15% 7.24% 12
20Y 6.27% 6.65% 7.40% 37
As of Aug. 4, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 0.96% 2.88% 1.92%
Stock 0.57% 0.57% 0.00%
Bond 94.80% 94.80% 0.00%
Convertible 2.24% 2.24% 0.00%
Preferred 1.43% 1.43% 0.00%
Other 0.00% 0.00% 0.00%
As of March 31, 2020

Region Exposure

Americas 85.60%
North America 82.66%
Latin America 2.94%
Greater Europe 13.17%
United Kingdom 2.41%
Europe Developed 9.50%
Europe Emerging 0.00%
Africa/Middle East 1.27%
Greater Asia 1.23%
Japan 0.00%
Australasia 0.57%
Asia Developed 0.41%
Asia Emerging 0.25%
Market Classification
% Developed Markets 96.19%
% Emerging Markets 3.81%
As of March 31, 2020. Region breakdown data is calculated by using the long position holdings of the portfolio.

HYB Bond Exposure

Government 0.00%
Corporate 97.07%
Securitized 0.09%
Municipal 0.00%
Cash 1.02%
Derivative 1.82%
As of March 31, 2020

HYB Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 3.04%
BB 41.16%
B 42.76%
Below B 12.58%
Not Rated 0.46%
As of April 30, 2020

HYB Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 0.00%
183 to 364 Days 1.64%
1 to 3 Years 7.06%
3 to 5 Years 22.76%
5 to 7 Years 41.57%
7 to 10 Years 23.79%
10 to 15 Years 2.05%
15 to 20 Years 0.55%
20 to 30 Years 0.58%
Over 30 Years 0.00%
As of March 31, 2020
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- Asurion Llc 2017 2nd Lien Term Loan 1.84% -- --
-- AVANTOR INC 9% 1.83% -- --
-- iHeartCommunications Inc 8.38% 1.22% -- --
-- Solera, LLC / Solera Finance, Inc. 10.5% 1.12% -- --
-- Netflix, Inc. 6.38% 1.10% -- --
-- Panther BF Aggregator 2 LP / Panther Finance Company Inc 8.5% 1.03% -- --
-- Intelsat Jackson Holdings, Ltd. 9.5% 0.93% -- --
-- Sprint Corporation 7.13% 0.93% -- --
-- Refinitiv US Holdings Inc 8.25% 0.89% -- --
-- CCO Holdings, LLC/ CCO Holdings Capital Corp. 5% 0.87% -- --
As of March 31, 2020
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Basic Info

Investment Strategy
To provide high current income while preserving capital through investment in diversified portfolio of high-yield fixed-income securities rated in the lower categories by established rating agencies. The portfolio consists primarily of fixed-income securities rated BB / Ba or lower. It has a leveraged capital structure.
General
Security Type Closed-End Fund
Equity Style Small Cap/Growth
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name T. Rowe Price
Benchmark Index
Credit Suisse HY USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Mark Vaselkiv 17.68 yrs
Rodney Rayburn 1.35 yrs

Net Fund Flows

1M --
3M --
6M --
YTD --
1Y --
3Y --
5Y --
10Y --
Date Unavailable

Risk Info

Beta (5Y) 0.6881
Max Drawdown (All) 71.51%
Historical Sharpe Ratio (10Y) 0.5028
Historical Sortino (All) 0.3983
30-Day Rolling Volatility 13.25%
Daily Value at Risk (VaR) 1% (All) 4.69%
Monthly Value at Risk (VaR) 1% (All) 21.49%

Fundamentals

Dividend Yield TTM (8-5-20) 7.80%
30-Day SEC Yield --
7-Day SEC Yield --
Current Yield 7.03%
Yield to Maturity --
Effective Duration --
Average Coupon 6.69%
Average Credit Score 15.00 (B)
Average Price 93.62
Number of Holdings 413
As of March 31, 2020

Comparables

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Attributes

Key Dates
Inception Date 2/26/1988
Termination Date
Last Annual Report Date 12/31/2019
Last Prospectus Date
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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