CA - Brookfield Real Assets: A Good Point To Exit This 11% Yielder

2024-06-21 13:49:03 ET

Summary

• Brookfield Real Assets Income Fund Inc. aims for a high total return through income and capital appreciation, primarily targeting current income.
• The fund heavily favors fixed income investments, with most being below investment grade ratings.
• We tell you why the 11% yield is not worth it.

Brookfield Real Assets Income Fund Inc. ( RA ) is a closed end fund, or CEF, that aims to earn a high total return. The total return metric comprises income and capital appreciation. RA primarily targets current income, with capital gains being secondary. As its name suggests, this fund invests in real assets and that includes securities of infrastructure, real estate and natural resources companies. The globe is its oyster, and it scouts both the equity and fixed income pools for its portfolio incumbents. The data as at April 30 shows that the portfolio heavily favors fixed income investments....

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