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HYB - HYB - A Nice Sell Signal
October, 28 2021 12:01 PM
New America High Income Fund Inc.
The fund has a small AUM of $315 mm but has been around since 1988. HYB has a balanced, middle-of-the-road credit composition profile with BBB bonds representing the bulk of the exposure. The fund has not traded at a premium to NAV since January 2013, right before the Fed started talking about tapering asset purchases. HYB is currently at the top of its trading range rocketing to a historically significant premium to NAV. For further details see:
HYB - A Nice Sell Signal
Stock Information
Company Name:
New America High Income Fund Inc.
Stock Symbol:
HYB
Market:
NYSE
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