The New America High Income Fund, Inc. Results of 2024 Annual Meeting
New America High Income Fund, Inc. (The) (HYB)
US:NYSE Investor Relations:
newamerica-hyb.com
Company Research
Source: GlobeNewswire
BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that shareholders of the Fund have approved a proposal to reorganize the Fund into the T. Rowe Price High Yield Fund (the “T. Rowe Price Fund”), a separate series of the T. Rowe Price High Yield Fund, Inc. (the "Reorganization"). The Reorganization is currently expected to become effective following the close of business of the New York Stock Exchange on Friday, February 21, 2025 (the "Closing Date"), subject to satisfaction of customary closing conditions. Upon the closing of the Reorganization, shareholders of the Fund will become holders of Investor Class shares of the T. Rowe Price Fund. In order to facilitate the Reorganization, trading in shares of the Fund is expected to be halted prior to the Closing Date. Shareholders of the Fund also approved the election of Joseph L. Bower, Stuart A. McFarland, Marguerite A. Piret, Luis M. Viceira and Ellen E. Terry.
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Sec Filings
- 11/20/24 - Form 8-K
- 10/18/24 - Form SC
- 10/3/24 - Form SC
- HYB's page on the SEC website