The New America High Income Fund, Inc. (the Fund) is a diversified, closed-end investment company. The investment objective of the Fund is to provide high current income, while seeking to preserve capital through investment in a diversified portfolio of high-yield, fixed-income securities. The Fund invests primarily in fixed-maturity corporate debt securities that are rated less than investment grade. The Fund invests primarily in high-yield, fixed-income securities rated in the lower categories by rating agencies, consisting principally of fixed-income securities rated BB or lower by Standard & Poor's Corporation (S&P) or Ba or lower by Moody's Investors Service, Inc. (Moody's), and non-rated securities deemed by the investment adviser to be of comparable quality. It invests in sectors, such as telecommunications, oil and gas, broadcasting and entertainment, and diversified/conglomerate service. The Fund's investment advisor is T. Rowe Price Associates, Inc.