Written by Nick Ackerman, co-produced by Stanford Chemist
Brookfield Real Assets Income Fund Inc. (RA) had closed its merger with Brookfield Global Listed Infrastructure Income Fund Inc. (INF) in February. I was "cautiously optimistic" on the fund as this merger meant the fund was incorporating equity energy exposure. However, since then they have provided an update that they have divested all of their energy assets. Previously, the fund had held a higher exposure to fixed-income assets - while they still held equities - that INF merger increased this exposure.