Helios Multi-Sector High Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks a high level of current income. It seeks capital growth as a secondary investment objective. The Fund invests in a diversified portfolio consisting primarily of debt securities. It invests a majority of its total assets in below-investment-grade debt securities, including up to 20% of its total assets in distressed securities. The Fund may invest up to 50% of its total assets in investment-grade debt securities. It invests up to 30% of its total assets in equity securities of both domestic and foreign issuers, and up to 15% of its total assets in a combination of foreign debt and foreign equity securities. The Fund invests in a range of debt securities, including corporate bonds, mortgage-backed and asset-backed securities, debt securities and distressed securities. The Fund's investment advisor is Brookfield Investment Management Inc.