Positive
Seeking Alpha
5 months ago
RA: Discounted With A 10%+ Distribution Rate
Brookfield Real Assets Income Fund Inc. offers a diverse credit portfolio primarily in the real assets space, real estate, infrastructure, and natural resources. The RA closed-end fund offers a strong 10%+ distribution rate, but it isn't covered through income alone, which means they will need to see capital gains or income increase to sustain it. The fund has a high correlation with JRI, which presented an opportunity to make a swap recently as the discount levels diverged, with RA presenting the better opportunity.
