HYB News and Press, New America High Income Fund Inc. From 02/02/22

With the rise of quantitative credit trading, investors are looking for novel data to better understand their investment risks and drive investment decisions through statistical models. A sub-market that investors frequently look to in search of yield is the high-yield corporate bond ...

HYB is a closed-end-fund that invests in high yield fixed-income securities. On October 28, 2021, we assigned HYB a "Sell" rating based on our analytics. Since that article two months ago, the fund is down -10.4% on a price basis and -9.9% on a total return basis. The strong m...

New America High Income Fund (NYSE:HYB) declares $0.05/share monthly dividend, in line with previous. Forward yield 6.62% Payable Feb. 28; for shareholders of record Feb. 14; ex-div Feb. 11. Shareholders will be paid a special dividend of $0.1275 per share payable Jan. 31; for shareholders of...

Last week, the world’s major central banks marched on from the fight with COVID-19 and started maneuvering their troops for the coming battle against inflation. A day after the U.S. Federal Reserve revealed its plans, and a few hours after the European Central Bank declared its...

The defining characteristics of the economic outlook for 2022 could be more about the composition of global growth than its trend. Year 2022 will be marked by the Fed's tapering and fading fiscal stimulus. The potential for spread pick-up and ratings boosts in the structured credi...

Global economic growth will be slower but still above trend in 2022. This forecast should allow equities to outperform bonds. Inflation has yet to peak, but it will likely decline over the year and as a result any central bank tightening will be modest. 2021 was a year of rebound ...

In the sovereign space, we have a strong preference for BB- or B-rated sovereigns because of the valuation that’s currently offered. On the corporate side, we have a preference in between investment-grade and high-yield rated debt. On the residential side, fundamentals are ...

Taking an active approach in fixed income will be key to finding investment success in the upcoming year. In 2022, we expect the market narrative to transition to the traditional expansionary phase of the business cycle. We believe 2022 will be a strong year for “rising sta...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxY funds are FPL, FDEU, and AOD. For further details see: Quality Closed-End Fund Report: November 2021

The expected risk premium for the Global Market Index (GMI) ticked lower in November but remains elevated relative to recent history. Adjusting the forecast with short-term momentum and medium-term mean-reversion market factors (defined below) reduces - substantially - GMI’s ex...