Helios Advantage Income Common

The Fund is a diversified investment management company with a primary objective to seek a high level of current income. Capital growth is a secondary objective. Majority of the total assets will be invested in below investment grade high-yield debt securities with capital appreciation potential. It may also invest up to 15% of its total assets in foreign debt and equity securities and up to 25% in the U.S. equity securities, including common and preferred stocks. It invests in a wide range of below investment grade debt securities, including corporate bonds, mortgage- and asset-backed securities and municipal and foreign government obligations, as well as distressed securities of companies in bankruptcy reorganisation proceedings or otherwise in the process of debt restructuring.

Key stats

Management firm  Helios Funds
Domicile  United States
Global Branding Name  Hyperion
Fund Status  OBSOLETE
12 month yield  8.92%
Fund currency  USD
Launch Date  2004-11-08
Obsolete Date  2014-08-12
ISIN  US42327W2061
SEDOL  B02WJQ2
Manager 1 Name  Dana Erikson
Manager 2 Name  Richard Cryan
Fund Strategy  High Yield Bond
Benchmark  LB HY Corporate B
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-07-31
Return - 1 Month  -2.89%
Return - 2 Months  -1.85 %
Return - 3 Months  -0.91%
Return - 6 Months  1.44 %
Return - 9 months  3.33 %
Return - 12 Months  9.27%
Annualized return 24 months  10.81 %
Annualized return 36 months  10.16 %
Annualized return 48 months  14.94 %
Annualized return 60 months  15.78 %
Annualized return since Inception  -8.32%
Return YTD  1.99%

Ratings

Morning Star Rating Date   2014-07-31
Morning Star Rating - 36 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 60 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Maximum Managment Charge  0.65 %

Contact

Contact Address  Hyperion
Contact Address 2  200 Vesey Street
Contact Address 3  New York, NY 10281-1010
Contact city  New York
Contact country  United States
Fund Admin Group  Helios Funds
Web Address  www.brookfieldim.com
Custodian  State Street Bank & Trust Co
Phone  (212) 549-8400

Price

Last Price Date  2014-08-12
Pre-tax nav  8.88

Funds Disclaimer

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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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