Brookfield High Yield Strategic Income Fund

Overview

Objective and Strategy

Brookfield High Yield Strategic Income Fund (the “Fund”) is an investment fund governed by the laws of the Province of Ontario.

The investment objectives of the Fund are:

  • to provide holders of the Units (“Unitholders”) with tax-advantaged quarterly cash distributions;
  • to maximize total return for Unitholders through distributions and capital appreciation; and
  • to preserve capital.

The Fund has been created to obtain exposure to a portfolio comprised primarily of High Yield Debt (the “Portfolio”) which will be actively managed by Brookfield Investment Management Inc. (the “Investment Manager”). In selecting securities for the Portfolio, the Investment Manager will focus on securities that it believes maximize risk-adjusted returns and preserve capital in each phase of the credit cycle.

The Manager of the Fund is Brookfield Investment Management (Canada) Inc.

Why Invest in Brookfield High Yield Strategic Income Fund (TSX: BHY.UN)

The Attractive Investment Potential of High-Yield Debt

The Manager believes that an actively managed portfolio comprised primarily of North American High Yield Debt has the potential to produce attractive risk-adjusted returns throughout the credit cycle

A Manager with Deep Industry Knowledge

On average, the Managers have about three decades of investment experience. The team also draws upon internal expertise and knowledge within Brookfield and its affiliates, which provides extensive owner/operator insights into industry drivers and trends.

A Disciplined, Value-Driven Selection Process

The team employs a disciplined bottom-up issue selection process that seeks to mitigate risk through diversification, credit analysis, economic analysis, and a periodic review of sector and industry trends. The Manager believes that bottom-up security selection is critical and focuses primarily on financial ratios / projections, management / business strategy, and issue selection / marketability.

KEY STATS
  • FUND TYPE

    Canadian Closed-End Funds

  • TICKER SYMBOL

  • NAV
  • CUSIP

  • INCEPTION DATE

  • TOTAL NET ASSETS

 

Management

Dana Erikson, CFA

Managing Director, Portfolio Manager

Dana Erikson is a Portfolio Manager, Head of the Real Asset Debt team and has 28 years of investment experience. Prior to joining the firm, he was with Evergreen Investments or one of its predecessor firms since 1996. He was a Senior Portfolio Manager and the Head of the High Yield team. Prior to that, he was Head of High Yield Research. Dana earned a Master of Business Administration degree, with honors, from Northeastern University and a Bachelor of Arts degree in Economics from Brown University. He holds the Chartered Financial Analyst® designation and is a member of the CFA Society Boston, Inc.

“We invest in high-yield debt, seeking the attractive income potential of real-asset-related issues. At the same time, we are disciplined, value investors who place a high level of importance on the preservation of capital.”

Dana Erikson, CFA

Pricing & Performance

Pricing Details
CURRENCY NAV DATE NAV PREVIOUS NAV CHANGE

CURRENCY

PREVIOUS NAV

Pricing Discount
MARKET PRICE MARKET PRICE DATE Previous Market Price PREMIUM / DISCOUNT

MARKET PRICE

MARKET PRICE DATE

MARKET PRICE CHANGE

PREMIUM OR DISCOUNT

Returns
CLASS PERFORMANCE DATE 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS INCEPTION

Distributions

Record Date Payment Date Amount
March 31, 2017  On or before April 17, 2017 $0.1625
December 30, 2016  On or before January 16, 2017 $0.1625
September 30, 2016 On or before October 17, 2016 $0.1625
June 30, 2016 On or before July 15, 2016 $0.1625
March 31, 2016 On or before April 15, 2016 $0.1625
December 31, 2015 On or before January 15, 2016 $0.1625
September 30, 2015 On or before October 15, 2015 $0.1625
June 30, 2015 On or before July 15, 2015 $0.1625
March 31, 2015 On or before April 15, 2015 $0.1625
December 31, 2014 On or before January 15, 2015 $0.1625
September 30, 2014 On or before October 15, 2014 $0.1625
June 30, 2014 On or before July15, 2014 $0.1625
March 31, 2014 On or before April 15, 2014 $0.1625
December 31, 2013 On or before January 16, 2014 $0.1625
September 30, 2013 On or before October 22, 2013 $0.1625
June 28, 2013 On or before July 22, 2013 $0.1625
March 28, 2013 On or before April 19, 2013 $0.1625
December 31, 2012 On or before January 22, 2013 $0.1625
September 28, 2012 On or before October 22, 2012 $0.1625

Literature & Filings

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Documents

Financial Reports

Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2017)
Brookfield High Yield Strategic Income Fund - Management Report of Fund Performance (December 31, 2016)
Brookfield High Yield Strategic Income Fund - Annual Financial Statements (December 31, 2016)
Brookfield High Yield Strategic Income Fund - Annual Information Form
Brookfield High Yield Strategic Trust - Management Report of Fund Performance (December 31, 2016)
Brookfield High Yield Strategic Trust - Annual Financial Statements (December 31, 2016)
Brookfield High Yield Strategic Trust - Annual Information Form
Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2016)
Brookfield High Yield Strategic Income Fund - Interim Management Report of Fund Performance (June 30, 2016)
Brookfield High Yield Strategic Income Fund - Interim Financial Statements (June 30, 2016)
Brookfield High Yield Strategic Trust - Interim Management Report of Fund Performance (June 30, 2016)
Brookfield High Yield Strategic Trust - Interim Financial Statements (June 30, 2016)
Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2016)
2015 Annual Report of the Independent Review Committee
Brookfield High Yield Strategic Income Fund - Annual Information Form
Brookfield High Yield Strategic Income Fund - Annual Management Report of Fund Performance (December 31, 2015)
Brookfield High Yield Strategic Income Fund - Annual Financial Statements (December 31, 2015)
High Yield Strategic Trust - Annual Information Form
High Yield Strategic Trust - Annual Management Report of Fund Performance (December 31, 2015)
High Yield Strategic Trust - Annual Financial Statements (December 31, 2015)
Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2015)
Brookfield High Yield Strategic Income Fund - Interim Management Report of Fund Performance (June 30, 2015)
Brookfield High Yield Strategic Income Fund - Interim Financial Statements (June 30, 2015)
High Yield Strategic Trust - Interim Management Report of Fund Performance (June 30, 2015)
High Yield Strategic Trust - Interim Financial Statements (June 30, 2015)
Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2015)
2014 Annual Report of the Independent Review Committee
Brookfield High Yield Strategic Income Fund - Annual Information Form
Brookfield High Yield Strategic Income Fund - Annual Management Report of Fund Performance (December 31, 2014)
Brookfield High Yield Strategic Income Fund - Annual Financial Statements (December 31, 2014)
High Yield Strategic Trust - Annual Information Form
High Yield Strategic Trust - Annual Management Report of Fund Performance (December 31, 2014)
High Yield Strategic Trust - Annual Financial Statements (December 31, 2014)
Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2014)
Brookfield High Yield Strategic Income Fund - Interim Management Report of Fund Performance (June 30, 2014)
Brookfield High Yield Strategic Income Fund - Interim Financial Statements (June 30, 2014)
High Yield Strategic Trust - Interim Management Report of Fund Performance (June 30, 2014)
High Yield Strategic Trust - Interim Financial Statements (June 30, 2014)
Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2014)
Brookfield High Yield Strategic Income Fund - Annual Information Form
High Yield Strategic Trust - Annual Information Form
Brookfield High Yield Strategic Income Fund - Annual Management Report of Fund Performance (December 31, 2013)
Brookfield High Yield Strategic Income Fund - Annual Financial Statements (December 31, 2013)
High Yield Strategic Trust - Annual Management Report of Fund Performance (December 31, 2013)
High Yield Strategic Trust - Annual Financial Statements (December 31, 2013)
Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended September 30, 2013)
Brookfield High Yield Strategic Income Fund - Interim Management Report of Fund Performance (June 30, 2013)
Brookfield High Yield Strategic Income Fund - Interim Financial Statements (June 30, 2013)
High Yield Strategic Trust - Interim Management Report of Fund Performance (June 30, 2013)
High Yield Strategic Trust - Interim Financial Statements (June 30, 2013)
Brookfield High Yield Strategic Income Fund - Quarterly Summary of Investment Portfolio (For the period ended March 31, 2013)
Brookfield High Yield Strategic Income Fund - Annual Information Form
High Yield Strategic Trust - Annual Information Form
Brookfield High Yield Strategic Income Fund - Annual Management Report of Fund Performance (December 31, 2012)
Brookfield High Yield Strategic Income Fund - Annual Financial Statements (December 31, 2012)
High Yield Strategic Trust - Annual Management Report of Fund Performance (December 31, 2012)
High Yield Strategic Trust - Annual Financial Statements (December 31, 2012)
Prospectus (May 23, 2012) (English version)
Prospectus (May 23, 2012) (French version)

Fact Sheets and Commentary

April 2017 Fact Sheet

Quarterly Reports

Brookfield High Yield Strategic Income Fund Q3 2012 Quarterly Summary

Corporate Governance

2016 Independent Review Committee Report to Unitholders
Brookfield High Yield Strategic Income Fund - 2016 Proxy Voting Disclosure
Brookfield High Yield Strategic Income Fund - 2015 Proxy Voting Disclosure
High Yield Strategic Trust - 2015 Proxy Voting Disclosure
Brookfield High Yield Strategic Income Fund - 2014 Proxy Voting Disclosure
High Yield Strategic Trust - 2014 Proxy Voting Disclosure
2013 Independent Review Committee Report to Unitholders
Brookfield High Yield Strategic Income Fund - 2013 Proxy Voting Disclosure
High Yield Strategic Trust - 2013 Proxy Voting Disclosure
2012 Independent Review Committee Report to Unitholders
Proxy Voting Policy
Annual Proxy Voting Record

Other

Brookfield High Yield Strategic Income Fund Announces Q1 2017 Quarterly Distribution
Brookfield High Yield Strategic Income Fund Announces Q4 2016 Quarterly Distribution
Brookfield High Yield Strategic Income Fund Announces Q3 2016 Quarterly Distribution
Brookfield High Yield Strategic Income Fund Announces Q2 2016 Quarterly Distribution
Brookfield High Yield Strategic Income Fund Announces Average Net Asset Value and Status of Annual Redemption Condition
Brookfield High Yield Strategic Income Fund Announces Q1 2016 Quarterly Distribution

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