For Immediate Release

The New America High Income Fund Announces Filing of Registration Statement for Additional 1,200 shares of Series C Auction Term Preferred Stock

Boston, Massachusetts, August 26, 2003 - The New America High Income Fund, Inc. (NYSE:HYB)(the "Fund") announced today that it has filed a Registration Statement with the Securities and Exchange Commission to issue an additional 1,200 shares of Series C Auction Term Preferred Stock (the "ATP"). There are currently 800 shares of the Series C ATP outstanding. The shares of Series C ATP have a liquidation preference of $25,000 per share, plus accumulated dividends. The dividend rate paid on the ATP will be determined through auction. The net proceeds of the offering will be used to purchase additional portfolio securities. It is anticipated that Lehman Brothers Inc. will serve as the underwriter for the transaction.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted until the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state.

For more complete information about the Fund, including charges and expenses, please write to the Fund at 33 Broad Street, Boston, Massachusetts 02109 for a prospectus.

The New America High Income Fund, Inc. is a diversified, closed-end management investment company with a leveraged capital structure. The Fund's investment adviser is T. Rowe Price Associates, Inc. As of June 30, 2003, T. Rowe Price and its affiliates managed approximately $161.2 billion of assets, including approximately $52.6 billion of fixed income securities, of which approximately $8.7 billion represented "high-yield" investments. T. Rowe Price has provided investment advisory services to investment companies since 1937.

View other press releases:

  • September 1, 2017
  • August 1, 2017
  • July 3, 2017
  • June 1, 2017
  • May 1, 2017
  • April 3, 2017
  • March 1, 2017
  • December 19, 2016
  • December 1, 2016
  • November 1, 2016
  • October 3, 2016
  • September 1, 2016
  • August 1, 2016
  • July 1, 2016
  • June 1, 2016
  • May 2, 2016
  • April 1, 2016
  • March 1, 2016
  • December 18, 2015
  • December 1, 2015
  • November 2, 2015
  • October 1, 2015
  • September 1, 2015
  • August 3, 2015
  • July 1, 2015
  • June 1, 2015
  • May 1, 2015
  • April 1, 2015
  • March 2, 2015
  • December 18, 2014
  • December 1, 2014
  • November 3, 2014
  • October 1, 2014
  • September 2, 2014
  • August 1, 2014
  • July 1, 2014
  • June 2, 2014
  • May 1, 2014
  • April 1, 2014
  • March 3, 2014
  • December 19, 2013
  • December 2, 2013
  • November 1, 2013
  • October 1, 2013
  • September 3, 2013
  • August 1, 2013
  • July 1, 2013
  • June 3, 2013
  • May 1, 2013
  • April 1, 2013
  • March 1, 2013
  • December 21, 2012
  • December 18, 2012
  • December 3, 2012
  • November 14, 2012
  • November 1, 2012
  • October 11, 2012
  • October 1, 2012
  • September 4, 2012
  • August 1, 2012
  • July 17, 2012
  • July 2, 2012
  • June 1, 2012
  • May 10, 2012
  • May 1, 2012
  • April 3, 2012
  • March 1, 2012
  • December 19, 2011
  • December 1, 2011
  • November 1, 2011
  • September 1, 2011
  • August 1, 2011
  • July 1, 2011
  • June 1, 2011
  • May 2, 2011
  • April 1, 2011
  • March 1, 2011
  • December 17, 2010
  • December 1, 2010
  • November 2, 2010
  • October 4, 2010
  • September 2, 2010
  • August 4, 2010
  • July 2, 2010
  • June 2, 2010
  • May 5, 2010
  • April 2, 2010
  • March 2, 2010
  • December 21, 2009
  • December 2, 2009
  • November 2, 2009
  • October 1, 2009
  • September 1, 2009
  • August 3, 2009
  • July 1, 2009
  • June 1, 2009
  • May 1, 2009
  • April 1, 2009
  • March 2, 2009
  • January 29, 2009
  • January 20, 2009
  • December 19, 2008
  • December 1, 2008
  • November 19, 2008
  • October 31, 2008
  • October 1, 2008
  • September 2, 2008
  • August 1, 2008
  • July 2, 2008
  • June 2, 2008
  • May 1, 2008
  • April 1, 2008
  • February 29, 2008
  • December 18, 2007
  • December 4, 2007
  • November 1, 2007
  • October 1, 2007
  • September 18, 2007
  • September 12, 2007
  • September 4, 2007
  • August 16, 2007
  • July 24, 2007
  • July 12, 2007
  • July 2, 2007
  • June 1, 2007
  • May 14, 2007
  • May 1, 2007
  • April 2, 2007
  • March 1, 2007
  • December 18, 2006
  • December 1, 2006
  • November 1, 2006
  • October 2, 2006
  • September 6, 2006
  • August 1, 2006
  • July 5, 2006
  • June 1, 2006
  • May 1, 2006
  • April 3, 2006
  • March 1, 2006
  • December 20, 2005
  • December 1, 2005
  • November 2, 2005
  • October 5, 2005
  • September 1, 2005
  • August 1, 2005
  • July 5, 2005
  • June 2, 2005
  • May 4, 2005
  • April 4, 2005
  • March 2, 2005
  • December 21, 2004
  • December 3, 2004
  • November 5, 2004
  • October 5, 2004
  • September 3, 2004
  • August 3, 2004
  • July 1, 2004
  • June 3, 2004
  • May 3, 2004
  • April 2, 2004
  • March 3, 2004
  • December 22, 2003
  • December 1, 2003
  • November 4, 2003
  • October 17, 2003
  • October 2, 2003
  • September 3, 2003
  • August 19, 2003
  • August 4, 2003
  • July 21, 2003
  • July 11, 2003
  • July 3, 2003
  • June 3, 2003
  • May 23, 2003
  • May 5, 2003
  • April 3, 2003
  • March 3, 2003

  • Navigation


    The Fund

    Directors and
    Officers

    Investment
    Adviser



    About the Fund | Portfolio Composition
    Download Complete Shareholder Report
    Corporate Governance | 2017 Proxy Statement | Further Information
    Sitemap | Home