Brookfield Real Assets Income Fund Inc. Sets Distribution Rate and Declares Monthly Distributions
August 29 2023 - 3:30PM
Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”)
today announced that its Board of Directors (the “Board”) declared
the Fund’s monthly distributions for October, November and December
2023. The Fund will reset its monthly distribution from $0.1990 per
share to $0.1180 per share, payable to stockholders of record on
the dates indicated in the chart below. The previously declared
monthly distribution for September 2023 will not change.
Month |
Record Date |
Ex-Dividend Date |
Payable Date |
Amount per Share |
September 2023 |
September 13, 2023 |
September 12, 2023 |
September 26, 2023 |
$0.1990 |
October 2023 |
October 11, 2023 |
October 10, 2023 |
October 25, 2023 |
$0.1180 |
November 2023 |
November 15, 2023 |
November 14, 2023 |
November 27, 2023 |
$0.1180 |
December 2023 |
December 13, 2023 |
December 12, 2023 |
December 26, 2023 |
$0.1180 |
Brookfield Public Securities Group LLC (“PSG”),
the Fund’s investment adviser, believes this adjusted distribution
will benefit stockholders as it closely aligns the Fund’s
distribution with the Fund’s expected total return, which PSG
believes should support sustainable earnings and distribution
coverage. The Fund’s investment objective, strategy and process
have not changed.
Shares purchased on or after the applicable
ex-distribution dates will not receive the distributions discussed
above. Distributions may include net investment income, capital
gains and/or return of capital. 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 Fund’s Section 19a-1 Notice,
if applicable, contains additional distribution composition
information and may be obtained by visiting
https://publicsecurities.brookfield.com. The tax status of
distributions will be determined at the end of the taxable year.
Based on current estimates, it is anticipated that a portion of the
distributions paid in calendar year 2023 will be treated for U.S.
federal income tax purposes as a return of capital. The final
determination of the tax status of those 2023 distributions will be
made in early 2024 and provided to stockholders on Form 1099-DIV.
Please contact your financial advisor with any questions.
Brookfield Real Assets Income Fund Inc. is
managed by Brookfield Public Securities Group LLC. The Fund uses
its website as a channel of distribution of material information
about the Fund. Financial and other material information regarding
the Fund is routinely posted on and accessible at
https://publicsecurities.brookfield.com/.
Investing involves risk; principal loss
is possible. Past performance is not a guarantee of future
results.
Foreside Fund Services, LLC is the distributor for the Fund.
Contact information:
Communications & Media: |
Investor Relations: |
Rachel Wood |
Brookfield Real Assets Income Fund Inc. |
Tel: (212) 613-3490 |
Tel: (855) 777-8001 |
Email: rachel.wood@brookfield.com |
Email: publicsecurities.enquiries@brookfield.com |
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