New America High Etf Profile

HYB Etf  USD 8.27  0.01  0.12%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 41

 
High
 
Low
Below Average
New America is trading at 8.27 as of the 25th of November 2024, a 0.12 percent increase since the beginning of the trading day. The etf's open price was 8.26. New America has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for New America High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of February 2024 and ending today, the 25th of November 2024. Click here to learn more.
The New America High Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The company has 23.37 M outstanding shares of which 13.1 K shares are currently shorted by investors with about 0.22 days to cover. More on New America High

New Etf Highlights

PresidentEllen Terry
Business ConcentrationHigh Yield Bond, Asset Management, Financial Services (View all Sectors)
Update Date30th of September 2024
Nav8.34
Prev Close Price8.26
Country NameUSA
CodeHYB
I S I NUS6418768007
NameNew America High Income Fund
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG000BLMTP5
TypeFUND
Expense Ratio0.96
New America High [HYB] is traded in USA and was established 1988-02-26. The fund is not classified under any group at the present time. New America High currently have in assets under management (AUM). The fund is currently generating return of 5.58% with the current yeild of 0.08%, while the total return for the last 3 years was 1.23%. New America High has about 16 K in cash with 11.81 M of positive cash flow from operations.
Check New America Probability Of Bankruptcy

New America Top Holders

RBNAXRobinson Opportunistic IncomeMutual FundAllocation--30% to 50% Equity
RBNNXRobinson Opportunistic IncomeMutual FundAllocation--30% to 50% Equity
RBNCXRobinson Opportunistic IncomeMutual FundAllocation--30% to 50% Equity
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New America High Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in New America. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

New America Against Markets

Other Information on Investing in New Etf

New America financial ratios help investors to determine whether New Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New America security.