New America High, Inc.me Fund Inc. (NYSE:HYB)

CAPS Rating: 5 out of 5

Diversified, closed-end management investment company with a leveraged capital structure. The Fund's investment objective is to provide high current income, while seeking to preserve stockholders' capital.

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Member Avatar nortooler (< 20) Submitted: 11/7/2009 12:40:02 PM : Outperform Start Price: $5.52 HYB Score: -3.88

Has been climbing since recent reverse split

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Member Avatar thestockstalker (< 20) Submitted: 1/25/2009 1:15:04 PM : Underperform Start Price: $3.10 HYB Score: -78.14

Not that this is a bad stock per se... the dividend is actually quite nice. Unfortunately, I rarely see a reverse split that leaves a stock with a higher price after a week, usually even a few days. I see this going below $4 in the near-term.

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Member Avatar tomtat1 (90.79) Submitted: 4/3/2008 1:16:54 PM : Outperform Start Price: $3.25 HYB Score: +67.79

HYB is a closed end High yield corp. bond fund trading at a 20% discount to NAV. It is run buy Mark Vaselkiv the manager of T.Rowe price high yield fund. Earnest Monrad the manager of Northeast Investors Trust since 1960 is a director. Both Northeast investors trust and T. Rowe price High yield are analists picks at morningstar for high yield bond funds. So I figure you are getting two of the best minds in the Junk Bond buisness for a 20% discount to eighter of there open end funds. If you are researching this one be aware that the dividend while good has been cut several times lately due to the increased borrowing costs the fund is experiencing due to the troubles in the credit market.

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Member Avatar telekomunikasi (97.28) Submitted: 12/24/2007 1:18:47 PM : Outperform Start Price: $0.91 HYB Score: +948.84

If this thing pays out 4.5 cents a month dividend, in less than four years will my cost basis in this game go down to zero giving me infinite points? Probably not but I'll do this to see how it really does work.

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Member Avatar TrueNate (21.76) Submitted: 5/31/2007 10:53:18 PM : Outperform Start Price: $1.16 HYB Score: +712.93

this took a bit of a hit, but couple with the dividend, this stock will give the cashola real quick.

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Member Avatar grumpy512004 (< 20) Submitted: 11/22/2006 1:47:25 PM : Outperform Start Price: $1.11 HYB Score: +737.45

As of 11-22-06 the market is on a high. This will change next year. When it does investors will seek dependable returns. This fund pays well!

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