OXLC - Brookfield Real Assets: Distribution Looks Secure (#4 In Our 'Equity Returns Without Equity Risks' Series)
- RA's management makes a big deal of emphasizing how well covered their fund's distribution is if you look at total return and not just net investment income.
- I'm inclined to believe them that it looks secure for the rest of the year since I see no reason why it would benefit them to mislead us.
- On the other hand, if I had new money to invest and didn't already own so much ECC, OXLC or XFLT, I think I'd put it there instead of RA.
- Nothing against RA, but more upside with the CLO funds at this point.
For further details see:
Brookfield Real Assets: Distribution Looks Secure (#4 In Our 'Equity Returns Without Equity Risks' Series)