New America Highome Fund (New America Highome Fund) 5-Year Yield-on-Cost %

: 6.58 (As of Today)

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New America Highome Fund's yield on cost for the quarter that ended in Dec. 2023 was 6.58.

The historical rank and industry rank for New America Highome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

HYB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.58 Med: 6.87 Max: 9.58
Current: 6.58

During the past 7 years, New America Highome Fund's highest Yield on Cost was 9.58. The lowest was 4.58. And the median was 6.87.

HYB's 5-Year Yield-on-Cost % is ranked better than
53.12% of 1218 companies
in the Asset Management industry
Industry Median: 6.055 vs HYB: 6.58

Competitive Comparison

For the Asset Management subindustry, New America Highome Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, New America Highome Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where New America Highome Fund's 5-Year Yield-on-Cost % falls into.

New America Highome Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of New America Highome Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

New America Highome Fund (NYSE:HYB) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

New America Highome Fund 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of New America Highome Fund's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

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 » 5-Year Yield-on-Cost %

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