Helios High Yield Fund Declares Special Dividend Declaration of $0.04

Helios High Yield Fund HHY today announced that its Board of Trustees declared a special dividend of $0.04 per share, payable on December 29, 2011 to shareholders of record on December 28, 2011. The ex-dividend date is December 23, 2011. In order to be compliant with federal tax requirements, the special dividend will be paid from the Fund's undistributed net investment income.