Helios Strategic Income Fund, Inc. Monthly Dividend Declaration NEW YORK, NEW YORK--(Marketwire - 09/04/09) - Helios Strategic Income Fund, Inc. (the "Fund") (NYSE:HSA - News) today announced that its Board of Directors declared a monthly dividend of $0.04 per share, payable on September 24, 2009 to stockholders of record on September 16, 2009. The ex-dividend date is September 14, 2009. Based on the NYSE closing price of $5.07 on September 3, 2009, the Fund's annualized dividend yield is 9.47%. Shortly after the commencement of the repositioning of the Fund in July 2008, the dividends were decreased to more closely align the dividend rate with a projected level of earnings consistent with both the portfolio at that time as well as the targeted portfolio allocation. Over the subsequent 12 months, during which time the markets experienced unprecedented turmoil, much of the intended repositioning was achieved. In addition, the Fund's overall credit quality, liquidity and access to leverage have been increased over that time. The dividend rates announced herein are adjusted to better reflect the current earnings of the repositioned portfolio. 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 August 31, 2009
Sector Allocation as a Percentage of Total Assets
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High Yield Corporates 64%
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Investment Grade Corporates 31%
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Equities 5%
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Credit Allocation as a Percentage of Total Assets(1)
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BBB 33%
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BB 30%
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B 26%
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CCC 8%
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D 2%
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Unrated 1%
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(1) Credit allocation excludes equities.
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.hyperionbrookfield.com/strategies/retail_funds.htm. Helios Strategic Income Fund, Inc. is managed by Hyperion Brookfield Asset Management, Inc., a registered investment advisor headquartered in New York City. The firm was founded in 1989 to provide relative value driven fixed income investment strategies, such as core fixed income, high yield, and specialized MBS. Hyperion Brookfield manages approximately $16 billion as of June 30, 2009 for a client base that includes pension funds, financial institutions, mutual funds, closed-end funds, insurance companies and foundations. Hyperion Brookfield is a subsidiary of Brookfield Asset Management Inc., a global asset manager focused on property, power and other infrastructure assets with approximately $80 billion of assets under management as of June 30, 2009. Contact:
Source: Helios Strategic Income Fund, Inc.
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