Brookfield Real Assets Income Fund Inc. Announces Corrected Ex-Date for November Monthly Distribution
October 06 2020 - 6:22PM
Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) is
announcing a correction to the ex-distribution date for the
November 2020 monthly distribution. The ex-distribution date for
the November 2020 monthly distribution is November 9, 2020. The
press release that was issued on Friday, October 2, 2020, stated
the incorrect date.
A summary of the Fund’s distributions for the
remainder of the 2020 calendar year is provided below.
Month |
Record Date |
Ex Date |
Payable Date |
Amount per Share |
October 2020 |
October 14, 2020 |
October 13, 2020 |
October 22, 2020 |
$0.1990 |
November 2020 |
November 11, 2020 |
November 9, 2020 |
November 19, 2020 |
$0.1990 |
December 2020 |
December 15, 2020 |
December 14, 2020 |
December 23, 2020 |
$0.1990 |
Shares purchased on or after the ex-distribution
date will not receive the distribution discussed above. Please
contact your financial advisor with any questions. Distributions
may include net investment income, capital gains and/or return of
capital (ROC). 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 tax status of distributions will be determined at the
end of the taxable year.*
Brookfield Public Securities Group LLC (“PSG”) is
an SEC-registered investment adviser that represents the Public
Securities platform of Brookfield Asset Management Inc., providing
global listed real assets strategies including real estate
equities, infrastructure equities, energy infrastructure equities,
multi-strategy real asset solutions and real asset debt. With over
$16 billion of assets under management as of August 31, 2020, PSG
manages separate accounts, registered funds and opportunistic
strategies for financial institutions, public and private pension
plans, insurance companies, endowments and foundations, sovereign
wealth funds and individual investors. PSG is a wholly owned
subsidiary of Brookfield Asset Management Inc., a leading global
alternative asset manager with approximately $550 billion of assets
under management as of September 30, 2020. For more information, go
to https://publicsecurities.brookfield.com/.
Brookfield Real Assets Income Fund Inc. is managed
by PSG. 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/
COMPANY CONTACTBrookfield Real
Assets Income Fund Inc.Brookfield Place250 Vesey Street, 15th
FloorNew York, NY 10281-1023(855)
777-8001publicsecurities.enquiries@brookfield.com
Investing involves risk; principal loss is
possible. Past performance is not a guarantee of future
results.
* Distributions include all distribution payments
regardless of source and may include net income, capital gains,
and/or return of capital (ROC). ROC 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 publicsecurities.brookfield.com. Final
determination of a distribution's tax character will be made on
Form 1099 DIV and sent to shareholders. On a tax basis, as of
August 31, 2020, the most recent available figures, the estimated
components of the cumulative distributions for the fiscal year to
date would include an estimated return of capital of $0.9917
(62.29%) per share for the Fund. This amount is an estimate and the
actual amount and sources for tax reporting purposes may change
upon final determination of tax characteristics and may be subject
to changes based on tax regulations. A return of capital is not
taxable and results in a reduction in the tax basis of a
shareholder’s investment. The final determination regarding the
nature of the distributions will be made after the end of the
Fund’s fiscal year when the Fund can determine its earnings and
profits. The final tax status of the distributions may differ
substantially and will be made available to shareholders after the
close of each calendar year. The proportion of distributions that
are treated as taxable distributions may also vary and or increase
in future years. The Fund invests in master limited partnerships
(“MLPs”), which are generally treated as partnerships for federal
income tax purposes. Distributions from MLPs are estimated as
income and return of capital based on information reported by the
MLPs and management’s estimates of such amounts based on historical
information. These estimates are adjusted when the actual source of
distributions is disclosed by the MLPs and the actual amounts may
differ from the estimated amounts. In setting the Fund’s
distribution policy, PSG and the Fund’s Board consider a number of
factors, including both expected income and distributions received
by the Fund and our expectations regarding potential capital
appreciation. From time to time the Fund may be over- or under-
distributed when taking into account actual income, distributions
and net unrealized gains or losses since actual capital
appreciation is variable over time. However, our goal is to have a
distribution rate that is stable over the long term.
Quasar Distributors, LLC provides filing
administration for Brookfield Real Assets Income Fund Inc.
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