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New America High Income Fund, Inc. (the) (HYB) [hlAlert]

The New America High Income Fund, Inc. (the Fund) is a diversified closed-end investment company. The Fund?s investment objective is to provide high current income, while seeking to preserve capital through investment in a diversified portfolio of high-yield, fixed-income securities, referred to as junk bonds. The Fund
invests primarily in fixed maturity corporate debt securities that are rated less than investment grade by rating agencies, consisting principally of fixed-income securities rated BB or lower by Standard & Poor's Corporation (S&P), or Ba or lower by Moody's Investors Service, Inc. (Moody's), and non-rated securities deemed by the Fund?s investment advisor to be of comparable quality. The Fund invests in sector, such as telecommunications, oil and gas, healthcare, education and childcare, utilities, broadcasting and entertainment, electronics, and minins, steel, iron and non-precious metals. T. Rowe Price Associates, Inc. serves as the Fund's investment advisor.
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( Total: Current Stock Recommendations )
New America High Income Fund, Inc. (the)   ()
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HYB 8.07 down  -0.85 %

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