# EDGAR Filing Document

**Accession Number:** 0000825345
**File Stem:** 0001104659-25-089476
**Filing Date:** 2025-9
**Character Count:** 20778
**Document Hash:** 273b5b80716c95b2c6a8a06d92c8efca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-089476.hdr.sgml**: 20250912

**ACCESSION NUMBER**: 0001104659-25-089476

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250912

**FILED AS OF DATE**: 20250912

**DATE AS OF CHANGE**: 20250912

**EFFECTIVENESS DATE**: 20250912

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEW AMERICA HIGH INCOME FUND INC
- **CENTRAL INDEX KEY:** 0000825345

**ORGANIZATION NAME:**
- **EIN:** 042995419
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CEN
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05399
- **FILM NUMBER:** 251311205

**BUSINESS ADDRESS:**
- **STREET 1:** 33 BROAD STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 6172636400

**MAIL ADDRESS:**
- **STREET 1:** 33 BROAD STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN
**CIK:** 0000825345

## N-CEN: Series/Class (Contract) Information

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2025-09-12

**Item A.1.b - Does this report cover a period of less than 12 months?:** Yes

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** NEW AMERICA HIGH INCOME FUND INC

- **Item B.1.b - Investment Company Act file number:** 811-05399

- **Item B.1.c - CIK:** 0000825345

- **Item B.1.d - LEI:** V5LSTDFQKWGSW30MQ381

- **Item B.2.a - Street 1:** 33 Broad Street

- **Item B.2.b - City:** Boston

- **Item B.2.c - State:** MA

- **Item B.2.e - Zip Code:** 02109

- **Item B.2.f - Telephone:** 781-944-5431

- **Item B.2.g - Public Website:** N/A

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** State Street Corporation

- **b. Street 1:** One Lincoln Street

- **c. City:** Boston

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02111

- **g. Telephone number:** 617-786-3000

- **h. Briefly describe the books and records kept at this location:** Accounting and Custody Records

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** The New America High Income Fund, Inc.

- **b. Street 1:** 33 Broad Street

- **c. City:** Boston

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02109

- **g. Telephone number:** 781-944-5431

- **h. Briefly describe the books and records kept at this location:** Fund Administration Records

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **Item B.4.b - Is this the last filing by the Registrant?:** Yes

### Item B.6 - Organization

- [ ] a. Open-end management investment company registered under the Act on Form N-1A

- [x] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** —

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name                | Is Interested Person?   | Other Investment Company File Numbers                                                                                                                                                                                                                                                                                         |
|:---|:---|:---|
| Joseph L. Bower     | No                      | N/A                                                                                                                                                                                                                                                                                                                           |
| Stuart A. McFarland | No                      | 811-22558, 811-23157, 811-22843, 811-23715                                                                                                                                                                                                                                                                                    |
| Marguerite A. Piret | No                      | 811-21569, 811-02864, 811-08657, 811-01466, 811-06106, 811-05099, 811-07870, 811-21460, 811-21664, 811-21781, 811-21823, 811-21978, 811-10395, 811-07318, 811-21108, 811-01835, 811-08547, 811-21558, 811-09223, 811-22987, 811-22014, 811-21654, 811-21043, 811-21409, 811-21321, 811-08786, 811-23613, 811-23172, 811-23699 |
| Luis M. Viceira     | No                      | N/A                                                                                                                                                                                                                                                                                                                           |
| Ellen E. Terry      | Yes                     | N/A                                                                                                                                                                                                                                                                                                                           |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** Ellen E. Terry

- **b. CRD Number, if any:** N/A

- **c. Street Address 1:** 33 Broad Street

- **d. City:** Boston

- **e. State, if applicable:** MA

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 02109

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** No

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** No

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a - Did the Registrant rely on any exemptive orders from the Commission?:** No

### Item B.16. Principal underwriters.

No Principal Underwriters reported.

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** Tait, Weller & Baker LLP

- **b. PCAOB Number:** 445

- **c. LEI, if any:** N/A

- **d. State, if applicable:** PA

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.20 - Have there been material changes in the method of valuation?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.23 - Did the Registrant pay any dividend or make any distribution required to be accompanied by a written statement?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - The New America High Income Fund, Inc.

**Item C.1. Background information.**

- **a. Full Name of the Fund:** The New America High Income Fund, Inc.

- **c. LEI:** V5LSTDFQKWGSW30MQ381

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** State Street Bank

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. Is the securities lending agent an affiliated person...?** No

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $4,413,635.38

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** T. Rowe Price Associates, Inc.

- **ii. SEC file number:** 801-00856

- **iii. CRD number:** 000105496

- **iv. LEI, if any:** 7HTL8AEQSEDX602FBU63

- **v. State, if applicable:** MD

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** Equiniti Trust Company

- **ii. SEC file number:** 84-00416

- **iii. LEI, if any:** 254900TS5EWP83BEOU02

- **iv. State, if applicable:** NY

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Markit North America, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** N/A

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Refinitiv US Holdings Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300NF240HXJO7N016

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** ICE Data Services

- **ii. LEI, if any, or provide and describe other identifying number:** N/A

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Corporation

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** Equiniti Trust Company

- **ii. LEI, if any:** 254900TS5EWP83BEOU02

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** No

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** Gryphon 17, LLC

- **ii. LEI, if any, or other identifying number:** 254900A6GVPXK3WVSS62

- **iii. State, if applicable:** OH

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** Yes

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** UBS Securities LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $195.00

**Brokers Record: 2**

- **i. Full name of broker:** Goldman Sachs

- **ii. SEC file number:** 008-129

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 784F5XWPLTWKTBV3E584

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $42.00

**Brokers Record: 3**

- **i. Full name of broker:** Virtus Capital Markets LLC

- **ii. SEC file number:** 008-70057

- **iii. CRD number:** 000291456

- **iv. LEI, if any:** 254900XR7TVT25Y29X06

- **v. State, if applicable:** CT

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $32.00

**Brokers Record: 4**

- **i. Full name of broker:** Barclays

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 213800LBQA1Y9L22JB70

- **vii. Gross commissions paid by the Fund for the reporting period:** $11.00

**Brokers Record: 5**

- **i. Full name of broker:** Jefferies

- **ii. SEC file number:** 008-15074

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300HOF34RGOJ5YL07

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $10.00

**Brokers Record: 6**

- **i. Full name of broker:** LEVEL MARKETS, LLC

- **ii. SEC file number:** 008-69476

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 254900ZBK50B4Y36MJ33

- **v. State, if applicable:** MA

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1.00

**Aggregate Commission:** $292.00

**Item C.17.a. Principal transaction counterparties.**

| Name                       | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Jefferies                  | 008-15074         | N/A          | 549300HOF34RGOJ5YL07 | NY      | US        | $28,907,907.00            |
| J.P. Morgan                | 008-35008         | N/A          | 815DZWZKVSZI1NUHU748 | NY      | US        | $28,124,213.00            |
| Jane Street                | 008-52275         | 000103782    | 549300ZM16HMPEPNV857 | NY      | US        | $7,196,313.00             |
| Morgan Stanley             | 008-15869         | N/A          | IGJSJL3JD5P30I6NJZ34 | NY      | US        | $4,780,914.00             |
| Barclays                   | 008-41342         | N/A          | 213800LBQA1Y9L22JB70 |  |  | $2,531,163.00             |
| Wells Fargo Securities LLC | 008-65876         | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $2,298,780.00             |
| Bank of America            | 008-42263         | N/A          | 9DJT3UXIJIZJI4WXO774 | NC      | US        | $1,969,596.00             |
| Academy Securities Inc.    | 008-35173         | 000017433    | 2549000QX6RLQOZ2XC11 | NY      | US        | $1,616,764.00             |
| Loop Capital Markets       | 008-50140         | 000043098    | 254900FPPM2WN90D4786 | IL      | US        | $1,377,658.00             |
| Citigroup                  | 008-8177          | N/A          | 6SHGI4ZSSLCXXQSBB395 | NY      | US        | $1,346,651.00             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $275,488,389.00

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $195,268,484.32

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **b. Did the Fund engage in interfund lending?** —

- **c. Did the Fund engage in interfund borrowing?** —

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [ ] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** New America High Income Fund Inc

**Date:** 2025-09-11

**Signature:** Ellen E. Terry

**Title:** President