RA / This 18.9% Dividend Was Completely Pointless

NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (“PSG”) will host a webcast for Brookfield Real Assets Income F more_horizontal

Several higher-yielding closed-end funds have cut their distributions this year, resulting in significant drops for those trading at high premiums. Br more_horizontal

We review CEF market valuation and performance through the last week of August and highlight recent market action. Most CEF sectors enjoyed higher NAV more_horizontal

Years ago, we had a 15-month fling with a promising fund. It traded at a generous discount to its net asset value (NAV) and paid a double-digit divide more_horizontal

Brookfield Real Asset Income Fund Inc. just announced a significant cut to its distribution, leading to a 27% decline in its stock. The fund has had p more_horizontal

The fund's net asset value is in decline, and its dividend proved unsustainable. The fund has been hit by a deterioration in commercial real estate cr more_horizontal

Brookfield Real Assets Income Fund Inc. is a credit-focused fund that primarily invests in real estate and other "real assets." The fund had been trad more_horizontal

Brookfield Real Assets (NYSE: RA ) stock is falling hard on Thursday after the fixed-income mutual fund lowered its monthly distributions. A press re more_horizontal