New America Highome Fund (New America Highome Fund) Total Payout Ratio : 0.41 (As of Apr. 30, 2024)

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What is New America Highome Fund Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

New America Highome Fund's current Total Payout Ratio is 0.41.

New America Highome Fund Total Payout Ratio Historical Data

The historical data trend for New America Highome Fund's Total Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New America Highome Fund Total Payout Ratio Chart

New America Highome Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Payout Ratio

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0.39

1.44

0.96

-0.42

0.41

New America Highome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Payout Ratio	Get a 7-Day Free Trial								1.51	-0.20	0.93	0.53	0.33

Competitive Comparison of New America Highome Fund's Total Payout Ratio

For the Asset Management subindustry, New America Highome Fund's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New America Highome Fund's Total Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, New America Highome Fund's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where New America Highome Fund's Total Payout Ratio falls into.

New America Highome Fund Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

New America Highome Fund's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-11.501)	/	28.126
	=	0.41

New America Highome Fund's Total Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-5.611)	/	17.015
	=	0.33

New America Highome Fund Total Payout Ratio Related Terms

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New America Highome Fund (New America Highome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » New America High Income Fund Inc (NYSE:HYB) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Broad Street, Boston, MA, USA, 02109

Website

http://www.newamerica-hyb.com

New America High Income Fund Inc is a diversified, closed?end management investment company. Its investment objective is to provide high current income while seeking to preserve stockholder capital by investing in a diversified portfolio of high-yield fixed-income securities. The fund invests primarily in fixed-maturity corporate debt securities that are rated less than the investment grade. Its portfolio of investment consists of investments in different sectors such as energy, financial, cable operators, healthcare, and others.

Executives

Luis M Viceira	director	THE NEW AMERICA HIGH INCOME FUND, INC., 33 BROAD STREET, BOSTON MA 02109
Marguerite A Piret	director	C/O NEWBURY PIRET AND CO., 200 STATE STREET 12TH FLOOR, BOSTON MA 02109
Joseph I Bower	director	32 WIGGINS AVENUE, BEDFORD MA 01730
Bernard J Korman	director	OMEGA HEALTHCARE INVESTORS INC, ANN ARBOR MI 48108
Ellen E Terry	officer: Vice President and Treasurer	33 BTROAD STREET, BOSTON MA 02109
Oleg M Pohotsky	director	C/O HAMBRECHT & QUIST CAPITAL MANAGEMENT, 2 LIBERTY SQUARE, 9TH FLOOR, BOSTON MA 02109
Stuart A Mcfarland	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Bank Of America Na	10 percent owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc.	10 percent owner	4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc.	10 percent owner	4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Robert F Birch	director, officer: President	C/O HYPERION BROOKFIELD ASSET MANAGEMENT, THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 10TH FLOOR NY 10281-1010
Ernest E Monrad	director
Richard E Floor	director, officer: Secretary	C/O GOODWIN PROCTER LLP EXCHANGE PLACE, 26TH FLOOR, BOSTON MA 02109