Two Helios funds to hold shareholder meeting in February

By Toni Weeks

San Diego, Nov. 22 - Helios Total Return Fund, Inc. and the Helios Strategic Mortgage Income Fund, Inc. will hold a joint shareholder meeting of the two funds in February relating to their reorganization, according to an N-14 filing with the Securities and Exchange Commission.

Shareholders will be asked to vote on the agreement and plan of reorganization between the two funds as well as the issuance of additional shares of common stock of the Helios Total Return Fund in connection with the reorganization.

The board of directors of each fund believes the reorganization of the Strategic Mortgage fund into the Total Return Fund is in the best interest of shareholders.

The exact date of the meeting has not been set.

Both funds are managed by New York-based Brookfield Investment Management Inc.

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