For Immediate Release

THE NEW AMERICA HIGH INCOME FUND, INC. NOTIFIED BY NYSE of NON-COMPLIANCE with CONTINUED LISTING STANDARDS

Boston, Massachusetts, November 19, 2008 -- The New America High Income Fund, Inc. (the "Fund")(NYSE:HYB) announced today that on November 13, 2008 the Fund received a letter from NYSE Regulation, Inc. ("NYSE") advising it that the Fund is not in compliance with the New York Stock Exchange's (the "Exchange") continued listing standard related to maintaining a consecutive thirty day average closing stock price of over $1.00 per share. The thirty day average closing stock price as of November 12, 2008 was $.99.

Under the Exchange's rules, the Fund has six months from the date of the NYSE notice to cure the average price deficiency, during which time, subject to compliance with the Exchange's other continued listing standards, the Fund's shares of common stock will continue to be listed and traded on the Exchange. If these conditions are not met during the six-month cure period, NYSE indicated that it will commence suspension and delisting procedures. The Fund has notified NYSE that it intends to take steps intended to cure the price deficiency within the six month cure period.

The New America High Income Fund, Inc. is a diversified, closed-end management investment company with a leveraged capital structure. The Fund's investment advisor is T. Rowe Price Associates, Inc. ("T. Rowe Price"). As of September 30, 2008 T. Rowe Price and its affiliates managed approximately $345 billion of assets, including approximately $10.4 billion of "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
  • October 31, 2008
  • October 1, 2008
  • September 2, 2008
  • August 1, 2008
  • July 1, 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 15, 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 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