SEC Form 4 · accession 0001655099-16-000033
BROOKFIELD HIGH INCOME FUND INC. · HHY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis P Salvatore
Director
Period of report
Dec 5, 2016
Accepted (ET)
Dec 6, 2016 · 3:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001062978
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 5, 2016 | D | 8,320 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Prior ro the transacton reported in this Form 4, the Reporting Person owned 8,320 shares of common stock of the Issuer. The Reporting Person acquired 6,320 of such shares of common stock the issuer on August 14, 2014 at a market value of $10.4102 in connection with the reorganization of Helios Advantage Income Fund Inc. ["HAV"], Helios High Income Fund Inc. ["HIH"], Helios Multi-Sector High Income Fund Inc. ["HMH"] and Helios Strategic Income Fund Inc. ["HSA"] into the Issuer (the "HHY Merger") in exchange for 2,000 shares of HAV common stock haveing a net asset value of $9.3222 per share at the effective time of the HHY Merger, 2,000 shares of HIH common stock having a net asset value of $8.9021 per share at the effective time of the HHY Merger, 2,400 shares of HMH common stock having a net asset value of $6.3791 per share at the effective time of the HHY Merger and 2,000 shares of HSA common stock having a net asset value of $7.0296 per share at the effective time of the HHY Merger.
- F2Disposed of pursuant to an agreement and plan of reprganization between issuer and Brookfield Real Assets Income Fund Inc. [NYSE: RA] in exchange for 2,671 shares of RA common stock having a net asset value of $25.00 per share on the effective date of the reorganization.