NEW YORK, NEW YORK -- (Marketwired) -- 07/08/16 -- Brookfield Global Listed Infrastructure Income Fund Inc. (NYSE: INF), Brookfield High Income Fund Inc. (NYSE: HHY), Brookfield Mortgage Opportunity Income Fund Inc. (NYSE: BOI) and Brookfield Total Return Fund Inc. (NYSE: HTR) (each, a "Fund," and collectively, the "Funds") today announced that their Boards of Directors declared their monthly distributions.
Brookfield Global Listed Infrastructure Income Fund Inc. declared a monthly distribution of $0.1167 per share, payable on July 28, 2016 to stockholders of record on July 21, 2016. The ex-distribution date is July 19, 2016. Based on the NYSE closing price of $13.10 on July 7, 2016, the Fund's annualized distribution rate was 10.69%.
Brookfield High Income Fund Inc. declared a monthly distribution of $0.060 per share, payable on July 28, 2016, to stockholders of record on July 21, 2016. The ex-distribution date is July 19, 2016. Based on the NYSE closing price of $7.32 on July 7, 2016, and the distribution of $0.060 per share, the Fund's annualized distribution rate was 9.84%.
Brookfield Mortgage Opportunity Income Fund Inc. declared a monthly distribution of $0.1271 per share, payable on July 28, 2016 to stockholders of record on July 21, 2016. The ex-distribution date is July 19, 2016. Based on the NYSE closing price of $15.08 on July 7, 2016, the Fund's annualized distribution rate was 10.11%.
Brookfield Total Return Fund Inc. declared a monthly distribution of $0.19 per share, payable on July 28, 2016 to stockholders of record on July 21, 2016. The ex-distribution date is July 19, 2016. Based on the NYSE closing price of $23.09 on July 7, 2016, the Fund's annualized distribution rate was 9.87%.
Shares purchased on or after the ex-distribution date will not receive the distribution discussed above. Please contact your financial advisor with any questions. Distributions may include net investment income, capital gains and/or return of capital. The distribution rate referenced above is calculated as the annualized amount of the most recent monthly distribution declared divided by the stated stock price. Any portion of the Fund's distributions that is a return of capital does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income." The tax status of distributions will be determined at the end of the taxable year.
Brookfield Investment Management (the "Firm") is an SEC-registered investment adviser providing listed real assets strategies including real estate equities, infrastructure equities, real asset debt and diversified real assets. With over $16 billion of assets under management as of March 31, 2016, the Firm manages separate accounts, registered funds and opportunistic strategies for institutional and individual clients, including financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds and high net worth investors. Headquartered in New York, the Firm and its affiliates also maintain offices in Boston, Chicago, Hong Kong, London and Toronto. Further information is available at www.brookfieldim.com. Brookfield Investment Management Inc. is a wholly owned subsidiary of Brookfield Asset Management, a leading global alternative asset manager with $240 billion of assets under management as of March 31, 2016. For more information, go to www.brookfield.com.
Brookfield Global Listed Infrastructure Income Fund Inc., Brookfield High Income Fund Inc., Brookfield Mortgage Opportunity Income Fund Inc. and Brookfield Total Return Fund Inc. are managed by Brookfield Investment Management. The Funds use their websites as a channel of distribution of material company information. Financial and other material information regarding the Funds are routinely posted on and accessible at www.brookfieldim.com.
Contacts:
Brookfield Global Listed Infrastructure Income Fund Inc.
Brookfield High Income Fund Inc.
Brookfield Mortgage Opportunity Income Fund Inc.
Brookfield Total Return Fund Inc.
(855) 777-8001
funds@brookfield.com
