HYB News and Press, New America High Income Fund Inc. From 12/19/22

New America High Income Fund ( NYSE: HYB ) declares $0.04/share monthly dividend , -20% decrease from prior dividend of $0.05. Forward yield 7.14% Payable Feb. 28; for shareholders of record Feb. 14; ex-div Feb. 13. Shareholders will be paid a special dividend of $...

Summary 12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results. NCZ resumes distributions, NCV holders should switch. Author's note: This article was released to CEF/ETF Income Laboratory members ...

Summary Rate hikes and tighter financial conditions drove fixed-income returns lower in 2022. The broad repricing of bonds and the higher starting yields we have now can help insulate investors from further losses. If we look at international bonds, this is probably the first ...

Summary Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are HFRO, DHF and PHD. Author’s note: This article was released to CEF/ETF Income Laboratory members on October 26, 2022. Please ...

Summary Year-to-date, allocations to floating rate notes have resulted in a more than 20% performance differential compared to U.S. 10-Year notes. Rising rates explain why owning the same securities as the Agg but reducing the maturity profile (1–5 years) led to losses that...

Summary HYT has announced its rights offering results. Subscribers received a slim discount to the market price. Undersubscription plus 1-for-5 offer meant that NAV/share dilution is minimal. Author's note: This article was released to CEF/ETF Income Laboratory mem...

Summary We believe it is unlikely that Fed Chair Jerome Powell will navigate a pivot to a less-hawkish stance before early in 2023. We expect China to grow at a meager 2%-3% pace in 2022, with the potential for these risks to bleed into 2023, as a slowing developed-market consumer...

Summary Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are HFRO, DHF and PHD. Author’s note: This article was released to CEF/ETF Income Laboratory members on September 19, 2022. Pleas...

Summary Last week brought the third consecutive 75-basis point rate hike from the U.S. Federal Reserve. The week also brought more signs of this rapid hiking cycle reverberating worldwide. We think credit spreads can offer a remunerative and relatively calm haven amid the vola...

Summary HYT rights offering is announced. The subscription floor has a floor at a -10% discount. This is a 1-for-5 transferable offering. Author's note: This article was released to CEF/ETF Income Laboratory members on September 13, 2022. Please check latest data b...