Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from New American High Income Fund Inc (HYB).
The New America High Income Fund Inc. has announced a strategic move to reorganize into the T. Rowe Price High Yield Fund, following approval from its Board of Directors. Alongside this development, the Fund has also entered into a standstill agreement with Saba Capital Management, L.P. This decision aims to align with the Fund’s future growth and performance objectives.
For a thorough assessment of HYB stock, go to TipRanks’ Stock Analysis page.