Brookfield Real Assets Income Fund Inc. Announces Corrected Ex-Date for November Monthly Distribution

Rhea-AI Summary

Brookfield Real Assets Income Fund (NYSE: RA) has corrected the ex-distribution date for its November 2020 monthly distribution to November 9, 2020, after an error in a prior announcement. The Fund's distributions for the rest of 2020 include $0.1990 per share for October, November, and December. These distributions may encompass net investment income, capital gains, and return of capital, which does not necessarily indicate the Fund's performance. For further inquiries, shareholders are encouraged to consult their financial advisors.

Positive

• Correction of ex-distribution date clarifies investor information.
• Stable distribution amount of $0.1990 per share for the remainder of 2020.

Negative

• The need for a correction may raise questions about prior communication accuracy.

NEW YORK, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) is announcing a correction to the ex-distribution date for the November 2020 monthly distribution. The ex-distribution date for the November 2020 monthly distribution is November 9, 2020. The press release that was issued on Friday, October 2, 2020, stated the incorrect date.  

A summary of the Fund’s distributions for the remainder of the 2020 calendar year is provided below.

Month	Record Date	Ex Date	Payable Date	Amount per Share
October 2020	October 14, 2020	October 13, 2020	October 22, 2020	$0.1990
November 2020	November 11, 2020	November 9, 2020	November 19, 2020	$0.1990
December 2020	December 15, 2020	December 14, 2020	December 23, 2020	$0.1990

Shares purchased on or after the ex-distribution date will not receive the distribution discussed above. Please contact your financial advisor with any questions. Distributions may include net investment income, capital gains and/or return of capital (ROC). Any portion of the Fund’s distributions that is a return of capital does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.” The tax status of distributions will be determined at the end of the taxable year.*

Brookfield Public Securities Group LLC (“PSG”) is an SEC-registered investment adviser that represents the Public Securities platform of Brookfield Asset Management Inc., providing global listed real assets strategies including real estate equities, infrastructure equities, energy infrastructure equities, multi-strategy real asset solutions and real asset debt. With over $16 billion of assets under management as of August 31, 2020, PSG manages separate accounts, registered funds and opportunistic strategies for financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds and individual investors. PSG is a wholly owned subsidiary of Brookfield Asset Management Inc., a leading global alternative asset manager with approximately $550 billion of assets under management as of September 30, 2020. For more information, go to https://publicsecurities.brookfield.com/.

Brookfield Real Assets Income Fund Inc. is managed by PSG. The Fund uses its website as a channel of distribution of material information about the Fund. Financial and other material information regarding the Fund is routinely posted on and accessible at https://publicsecurities.brookfield.com/

COMPANY CONTACT
Brookfield Real Assets Income Fund Inc.
Brookfield Place
250 Vesey Street, 15th Floor
New York, NY 10281-1023
(855) 777-8001
publicsecurities.enquiries@brookfield.com

Investing involves risk; principal loss is possible. Past performance is not a guarantee of future results.

* Distributions include all distribution payments regardless of source and may include net income, capital gains, and/or return of capital (ROC). ROC should not be confused with yield or income. The Fund's Section 19a-1 Notice, if applicable, contains additional distribution composition information and may be obtained by visiting publicsecurities.brookfield.com. Final determination of a distribution's tax character will be made on Form 1099 DIV and sent to shareholders. On a tax basis, as of August 31, 2020, the most recent available figures, the estimated components of the cumulative distributions for the fiscal year to date would include an estimated return of capital of $0.9917 (62.29%) per share for the Fund. This amount is an estimate and the actual amount and sources for tax reporting purposes may change upon final determination of tax characteristics and may be subject to changes based on tax regulations. A return of capital is not taxable and results in a reduction in the tax basis of a shareholder’s investment. The final determination regarding the nature of the distributions will be made after the end of the Fund’s fiscal year when the Fund can determine its earnings and profits. The final tax status of the distributions may differ substantially and will be made available to shareholders after the close of each calendar year. The proportion of distributions that are treated as taxable distributions may also vary and or increase in future years. The Fund invests in master limited partnerships (“MLPs”), which are generally treated as partnerships for federal income tax purposes. Distributions from MLPs are estimated as income and return of capital based on information reported by the MLPs and management’s estimates of such amounts based on historical information. These estimates are adjusted when the actual source of distributions is disclosed by the MLPs and the actual amounts may differ from the estimated amounts. In setting the Fund’s distribution policy, PSG and the Fund’s Board consider a number of factors, including both expected income and distributions received by the Fund and our expectations regarding potential capital appreciation. From time to time the Fund may be over- or under- distributed when taking into account actual income, distributions and net unrealized gains or losses since actual capital appreciation is variable over time. However, our goal is to have a distribution rate that is stable over the long term.

Quasar Distributors, LLC provides filing administration for Brookfield Real Assets Income Fund Inc.

FAQ

What is the corrected ex-distribution date for Brookfield Real Assets Income Fund's November 2020 distribution?

The corrected ex-distribution date for the November 2020 distribution is November 9, 2020.

What is the distribution amount for Brookfield Real Assets Income Fund in November 2020?

The distribution amount for November 2020 is $0.1990 per share.

When will Brookfield Real Assets Income Fund's October 2020 distribution be payable?

The payable date for the October 2020 distribution is October 22, 2020.

What are the distribution details for Brookfield Real Assets Income Fund in December 2020?

The December 2020 distribution has an ex-date of December 14, 2020, and a payable date of December 23, 2020, with an amount of $0.1990 per share.