HYB News and Press, New America High Income Fund Inc. From 07/01/21

Faced with higher inflation numbers, the Federal Reserve has begun to create more meaningful parameters around its evolving stance on monetary policy. Although the changes could be less dramatic than many expect, we believe that investors should be prepared for higher market volatilit...

Rising Star volume gains momentum as the global economy continues its recovery, which we believe will provide attractive total return opportunity in Fixed Income. Over the course of 2020, as the COVID-19 pandemic adversely impacted fundamentals and markets, we experienced a new record...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given. Only one fund with >100% coverage had a negative z-score this month. For further details see: The Quality Closed-End Fund Report, June 2021

At the close of Refinitiv Lipper’s fund-flows week, both U.S. and overseas broad-based indices logged positive weekly returns. The two main components of Biden’s proposal are the American Families Plan and the American Jobs Plan. This qualitative report, which is pub...

Risk-adjusted performance for the Global Market Index (GMI) continued to tick higher in May. GMI’s Sharpe ratio — a measure of risk-adjusted return – rose to 0.82 on a trailing 10-year basis through last month. That’s close to a pandemic high, but still...

Photo by Athitat Shinagowin/iStock via Getty Images The U.S. weekly fund flows insight report by Refinitiv Lipper ending June 2nd, 2021, shows that the investment community was overall net purchasers of fund assets, both traditional funds and exchange traded funds totaling +$5.7B.When examini...

The Global Market Index’s (GMI) expected risk premium held steady at 5.9% annualized in May, matching the previous month’s estimate. The framework for estimating equilibrium returns was initially outlined in a 1974 paper by Professor Bill Sharpe. Keep in mind, too, t...

The major asset classes delivered across-the-board gains for a second month in a row in May. Everything apart from cash was up last month, led by a sizzling rally in foreign inflation-linked government bonds. The FTSE Russell World Inflation Index ex-US surged 4.0% last month, the...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Muni CEFs feature in the top list of widest discount. For further details see: The Quality Closed-End Fund Report: May 2021

HYB is the only CEF that T. Rowe Price offers, though they aren't new to asset management by any means. The fund is showing an attractive valuation relative to its peers in the high-yield CEF space. At first glance, distribution coverage seems to be lacking; however, when factorin...