NEW YORK, NY—November 5, 2010—Helios Total Return Fund, Inc. (NYSE: HTR) (the “Fund”) today announced that its Board of Directors (the “Board”) has suspended the $0.0475 monthly dividend for November 2010. The Board has also declared the December 2010 dividend of $0.095 per share, payable on December 23, 2010 to stockholders of record on December 17, 2010.
When comparing the dividends paid to date for the current fiscal year to the projected income earned for the current fiscal year, the Fund’s management determined that an additional distribution in November was likely to be deemed a return of capital. Given the Fund’s current investment opportunities and projected earnings for the next fiscal year, the Board concurred with the manager’s recommendation to retain cash for investments rather than to return the capital to the Fund’s stockholders.
Dividends may include net investment income, capital gains and/or return of capital.
The Fund uses its web site as a channel of distribution of material company information. Financial and other material information regarding the Fund is routinely posted on and accessible at www.brookfieldim.com.
Helios Total Return Fund, Inc. is managed by Brookfield Investment Management Inc., an SEC-registered investment advisor specializing in core fixed income, high yield, structured products (Commercial MBS, Residential MBS and ABS) as well as global REITs and listed infrastructure securities. Headquartered in New York, the firm had approximately $23 billion of assets under management* as of September 30, 2010. Brookfield Investment Management Inc. is a subsidiary of Brookfield Asset Management Inc., a global asset manager focused on property, power and other infrastructure assets with approximately $100 billion of assets under management as of September 30, 2010.
*Includes assets managed through AMP Capital Brookfield Pty Limited.
Helios Total Return Fund, Inc.
Three World Financial Center
200 Vesey Street, 10th Floor
New York, NY 10281-1010