NEW YORK, NY—December 4, 2009—Helios High Yield Fund (the “Fund”) (NYSE: HHY) today announced that its Board of Directors declared a monthly dividend of $0.04 per share, payable on December 24, 2009 to stockholders of record on December 16, 2009. Based on the NYSE closing price of $7.41 on December 3, 2009, the Fund’s annualized dividend yield is 6.48%.
Dividends may include net investment income, capital gains and/or return of capital. The dividend yield referenced above is calculated as the annualized amount of the most recent monthly dividend declared divided by the stated stock price.
Portfolio of Investments as of November 30, 2009
Sector Allocation as a Percentage of Total Assets
| High Yield Corporates |
99% |
| Investment Grade Corporates |
1% |
Credit Allocation as a Percentage of Total Assets(1)
| A |
1% |
| BBB |
2% |
| BB |
36% |
| B |
37% |
| CCC |
22% |
| D |
1% |
| Unrated |
1% |
(1) Credit allocation excludes equities.