The Brookfield Real Assets Income Fund offers a high 10.41% yield by investing in inflation-hedged assets like infrastructure, real estate, and natural resources. Despite its high yield, the RA closed-end fund has underperformed compared to equities and other bond indices, with a 20.88% share price decline over 18 months. The fund's heavy allocation to fixed-income securities, rather than equities, has limited its returns and inflation protection potential.
Brookfield Real Assets Income Fund offers high current income and some capital growth, investing mainly in global infrastructure and real estate fixed-income securities. RA experienced a significant price drop in 2023 due to a distribution cut but has since recovered somewhat. Despite a high expense ratio, RA's high monthly distributions and decent trading liquidity make it an attractive high-income play, especially post-Fed rate cuts.
Brookfield Public Securities Group LLC (“PSG”) is set to hold a webcast for Brookfield Real Assets Income Fund Inc. (NYSE: RA) on Monday, May 6, 2024 at 4:30pm ET. PSG will discuss updates on the Fund and market conditions.
The Brookfield Real Assets Income Fund invests in corporate credit and real assets to generate high income. Despite a strong risk rally, the RA fund has barely kept pace with its distribution yield. On a normalized basis, I do not believe the RA fund's distribution is sustainable given it is paying ~10% of NAV, while long-term performance has been 4-5%.
Brookfield Real Assets Income Fund Inc. has a massive yield and is trading at a discount to NAV. The distribution has been cut once in the past. We tell you what kind of returns you can expect from this one.
NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (“PSG”) will host a webcast for Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) on Monday, February 5, 2024 at 4:30pm ET. PSG will provide an update on the Fund and on general market conditions.
Brookfield Real Assets Income Fund remains attractively priced with a discount of over 11% to its NAV. The fund's performance has improved since the distribution cut, which bodes well for the current distribution remaining sustainable. RA primarily invests in debt instruments, which can limit potential long-term upside, but the fund's debt-focused portfolio is also trading below par.
The Brookfield Real Assets Income Fund cut its distribution in August and predictably got punished for it. Since it predominantly holds high yield assets, we compare it to a high yield bond ETF. We conclude with our outlook on the Brookfield Fund.
NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (“PSG”) will host a webcast for Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) on Wednesday, November 1, 2023 at 4:30pm ET. PSG will provide an update on the Fund and on general market conditions.
Several higher-yielding closed-end funds have cut their distributions this year, resulting in significant drops for those trading at high premiums. Brookfield Real Assets Income Fund Inc. was one of these cutters that has now seen the fund drop to a deep discount. This deep discount makes the RA CEF now much more appealing than it had been at any time in the last few years.