Welcome to our dedicated page for Brookfield Real Assets Income Fund news (Ticker: RA), a resource for investors and traders seeking the latest updates and insights on Brookfield Real Assets Income Fund stock.
Brookfield Real Assets Income Fund Inc. (RA) is a diversified, closed-end management investment company dedicated to delivering high total returns to its investors. The Fund primarily aims to generate high current income and secondarily focuses on capital growth. It achieves this by strategically investing in a diversified portfolio of real asset classes, including Real Estate Securities, Infrastructure Securities, and Natural Resources Securities.
With a global focus, Brookfield Real Assets Income Fund Inc. taps into the resilience and growth potential of various sectors. These investments span across premier assets and booming markets around the globe, ensuring a diversified and balanced approach. The Fund’s disciplined investment strategy attracts institutional and individual clients, including financial institutions, public and private pension plans, insurance companies, endowments, foundations, sovereign wealth funds, and high-net-worth investors.
Brookfield Real Assets Income Fund Inc. is part of Brookfield Office Properties, a global office property company known for its high-profile assets in cities like New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Sydney, and Perth. These iconic properties attract major players across various industries, including finance, energy, government, and professional services. The company’s portfolio is characterized by long-term leases with high-credit tenants, providing a stable and reliable income stream.
Recent developments include the partnership with Foreside Fund Services, LLC, serving as the distributor for the Fund. This collaboration underscores Brookfield's commitment to expanding its reach and offering robust financial products to a broad range of investors.
Brookfield Real Assets Income Fund Inc. (NYSE: RA) has announced its monthly distribution schedule for Q4 2024. The Board of Directors declared the following distributions:
- October 2024: $0.1180 per share, payable on October 25, 2024
- November 2024: $0.1180 per share, payable on November 27, 2024
- December 2024: $0.1180 per share, payable on December 26, 2024
The Fund notes that distributions may include net investment income, capital gains, and/or return of capital. Based on current estimates, a portion of the 2024 distributions is anticipated to be treated as a return of capital for U.S. federal income tax purposes. The final tax status determination will be made in early 2025 and provided to stockholders on Form 1099-DIV.
Brookfield Public Securities Group (PSG) has announced a webcast for the Brookfield Real Assets Income Fund Inc. (NYSE: RA) on August 6, 2024, at 4:30pm ET. The webcast will feature Portfolio Managers Larry Antonatos and Gaal Surugeon, along with Justin Guichard and Aaron Greenberg from Oaktree Fund Advisors, , the Fund's investment sub-adviser for CMBS and RMBS credit allocation.
The webcast will provide updates on the Fund and general market conditions, with an opportunity for attendees to ask questions. Participants can register and join via a provided webcast link or dial in for audio-only access. A replay and transcript will be available after the event. The Fund uses its website to distribute material information and is managed by PSG.
Brookfield Real Assets Income Fund (NYSE: RA) has announced its distribution schedule for Q3 2024, with monthly distributions of $0.1180 per share for July, August, and September. The Board of Directors confirmed the following dates: for July, the record date is July 9, the ex-dividend date is July 9, and the payable date is July 25; for August, the record date is August 6, the ex-dividend date is August 6, and the payable date is August 26; and for September, the record date is September 10, the ex-dividend date is September 10, and the payable date is September 24.
Distributions may consist of net investment income, capital gains, or return of capital. It's anticipated that part of the 2024 distributions will be treated as a return of capital for U.S. federal income tax purposes, with final tax status determined in 2025. More information is available on the Fund’s website.
Brookfield Real Assets Income Fund Inc. will have a webcast hosted by Brookfield Public Securities Group to provide updates on the Fund and market conditions. Questions can be submitted ahead of the call. The Fund is managed by PSG and uses its website for information dissemination.
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