NEW YORK, NEW YORK--(Marketwired - May 16, 2016) - Brookfield High Income Fund Inc. (HHY) today announced that its Board of Directors declared a decrease to its monthly distribution. The Board of Directors, upon the recommendation of the Fund's adviser and its portfolio management team, decreased the dividend based upon the current earnings of the Fund.

Brookfield High Income Fund Inc. declared a decrease to its monthly distribution from $0.075 per share to $0.060 per share, payable on June 23, 2016, to stockholders of record on June 16, 2016. The ex-distribution date is June 14, 2016. Based on the NYSE closing price of $7.31 on May 16, 2016, and the distribution of $0.060 per share, the Fund's annualized distribution rate was 9.85%.

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 real assets public securities strategies including global listed real estate and infrastructure equities as well as corporate credit and securitized credit. With over $16 billion of assets under management as of March 31, 2016, the Firm manages institutional separate accounts, registered funds and other investment products for 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, NY, the Firm and its affiliates also maintain offices in Boston, Chicago, London and Toronto. Further information is available on www.brookfieldim.com. Brookfield Investment Management Inc. is a wholly-owned subsidiary of Brookfield Asset Management, a leading global alternative asset manager with over $225 billion of assets under management as of December 31, 2015. For more information, go to www.brookfield.com.

Brookfield High Income Fund Inc. is managed by Brookfield Investment Management. The Fund uses its website as a channel of distribution of material company information. Financial and other material information regarding the Fund is routinely posted on and accessible at www.brookfieldim.com.