Helios Total Return Fund Announces Reverse Stock Split- 41.8 Million Shares To 10.5 Million Shares

Helios Total Return Fund, Inc. (the "Fund")

today announced that its Board of Directors approved a 1-for-4 reverse stock split. The Fund expects the reverse stock split to be effective at 8:00 a.m. EST on Wednesday, August 22, 2012. The Fund is expected to trade on a split-adjusted basis under its new CUSIP number of 42327V208, beginning Wednesday, August 22, 2012. The reverse stock split will result in every four outstanding shares being converted into one share, thereby reducing the number of shares outstanding from approximately 41.8 million to approximately 10.5 million.