ENB - Stable Monthly 11% Annualized Yield At An 8.5% Discount To NAV By Brookfield Real Assets
The Brookfield Real Assets Income Fund (RA) is a closed-end fund ((CEF)) that invests primarily in:
- Corporate credit (mainly from real asset businesses)
- Securitized credit (mortgages)
- And real asset equities (i.e., MLPs and REITs)
The fund's primary objective is to provide high current income through monthly distributions without eroding investor principal over the long term. Management prudently employs leverage to enhance returns - enabling it to achieve its goal of producing strong current income (currently 11% annualized) - while also leaving flexibility for opportunistic buys during down markets. Management's strategy has thus far