New America High Income Fund, Inc. (The) Common Stock (HYB)
Competitors to New America High Income Fund, Inc. (The) Common Stock (HYB)
Aberdeen Standard Investments - Global High Yield Bond Fund AOD -2.49%
Aberdeen Standard Investments operates the Global High Yield Bond Fund, which competes with New America High Income Fund by providing a global perspective on high-yield opportunities, which can yield diversification benefits. Their established presence in international markets and in-depth regional expertise can attract investors looking for global exposure to high yield, setting them apart from more geographically constrained funds like New America. The reach and resources available to Aberdeen give them a competitive edge in harnessing international market trends.
Cohen & Steers High Yield Bond Fund, Inc.
Cohen & Steers High Yield Bond Fund differentiates itself from New America High Income Fund through its focus on higher-quality high yield bonds and a strong emphasis on credit research and risk management. Their experienced management team and reputation for navigating market volatility allow them to effectively target more stable income-generating securities, appealing to risk-averse investors. This focus grants Cohen & Steers a competitive advantage in terms of perceived safety and potentially superior returns.
Franklin Liberty High Yield Corporate ETF FLHY -1.09%
Franklin Liberty High Yield Corporate ETF competes with New America High Income Fund by providing a low-cost, flexible vehicle for investing in high-yield corporate bonds. This competitor stands out due to its passive management style, aiming to replicate the performance of a high-yield bond index, which can attract cost-sensitive investors. Although it does not actively manage investments like New America, its competitive expense ratio and the ability to trade intra-day gives it an advantage in attracting a different demographic of income-focused investors.
PIMCO High Income Fund PHK -0.20%
PIMCO High Income Fund competes with New America High Income Fund by focusing on similar high-yield investments that seek to provide investors with high income through a diversified portfolio of bonds and other debt securities. PIMCO is known for its robust investment strategies and a highly regarded management team, which offers distinct advantages in terms of real-time market analysis and performance monitoring. Their established brand and expertise in fixed-income securities give PIMCO an edge in attracting investors looking for stable and reliable income generation.