RA - Brookfield Real Assets: 'Handicapping' The Distribution Outlook

June, 22 2021 09:56 PM Brookfield Real Assets Income Fund Inc.

Every three months we wring our hands and try to read the tea leaves about whether Brookfield Real Assets' generous distribution is safe for another quarter.
In this year's quarterly webcast/commentary on May 4, the fund said it had made no recommendations to the board about changing the current distribution, in either direction.
They said that the distribution coverage for the year ending March 31st as they define it - total earnings, not just NII - was over 200%.
Then they said for the first quarter of 2021 it was only 83%.
Given that 83% is fairly close, and coming off a year with coverage over 200%, I'm leaning toward expecting the distribution to hold, but it's obviously not a sure thing.

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Company Name:	Brookfield Real Assets Income Fund Inc.
Stock Symbol:	RA
Market:	NYSE