Brookfield Real Assets Income Fund Inc. Declares Q2 2024 Distribution Schedule and Announces Fund Updates
March 29 2024 - 3:02PM
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 April, May and June 2024. The
Fund also announced certain updates regarding the composition of
the Board.
Distribution Declaration
Month |
Record Date |
Ex-Dividend Date |
Payable Date |
Amount per Share |
April 2024 |
April 10, 2024 |
April 9, 2024 |
April 23, 2024 |
$0.1180 |
May 2024 |
May 8, 2024 |
May 7, 2024 |
May 23, 2024 |
$0.1180 |
June 2024 |
June 11, 2024 |
June 11, 2024 |
June 25, 2024 |
$0.1180 |
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 2024 will be treated for U.S.
federal income tax purposes as a return of capital. The final
determination of the tax status of those 2024 distributions will be
made in early 2025 and provided to stockholders on Form 1099-DIV.
Please contact your financial advisor with any questions.
Update Regarding the Board of
Directors
Effective March 29, 2024, Mr. David Levi, an
interested Director of the Fund, resigned from the Board. In
connection with Mr. Levi’s resignation, at a meeting held on
February 22, 2024, the Board approved the appointment of a new
interested Director, Mr. Brian F. Hurley, to the Board effective
March 29, 2024. Mr. Hurley currently serves as President of the
Fund and will continue to serve in such capacity following his
appointment to the Board. In addition, the Board previously
approved the appointment of a new independent Director, Ms. Betty
Whelchel, to the Board effective January 1, 2024. Ms. Whelchel has
served as an independent Director of the Fund, and member of the
Audit and Nominating and Compensation Committees since January
2024.
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 |
Tel: (212) 613-3490 |
Tel: (855) 777-8001 |
Email: rachel.wood@brookfield.com |
Email: publicsecurities.enquiries@brookfield.com |
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