RA Stock Overview
Brookfield Real Assets Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$21.46|
|52 Week High||US$22.70|
|52 Week Low||US$18.36|
|1 Month Change||6.24%|
|3 Month Change||-2.37%|
|1 Year Change||15.75%|
|3 Year Change||5.25%|
|5 Year Change||-5.88%|
|Change since IPO||-2.09%|
Recent News & Updates
RA: A Monthly Income CEF With Broad Exposure To Real Assets
The Brookfield Real Assets Income Fund is a closed end fund with a portfolio focused on real estate, natural resources, and infrastructure investing. In typical Brookfield fashion, the fund is highly levered, generating an enticing 11.3% dividend yield. We dive into the fund and discuss RA’s portfolio, distribution, and outlook.
Brookfield Real Assets: Distribution Looks Secure (#4 In Our 'Equity Returns Without Equity Risks' Series)
RA's management makes a big deal of emphasizing how well covered their fund's distribution is if you look at total return and not just net investment income. I'm inclined to believe them that it looks secure for the rest of the year since I see no reason why it would benefit them to mislead us. On the other hand, if I had new money to invest and didn't already own so much ECC, OXLC or XFLT, I think I'd put it there instead of RA. Nothing against RA, but more upside with the CLO funds at this point.
Brookfield Real Assets: 'Handicapping' The Distribution Outlook
Every three months we wring our hands and try to read the tea leaves about whether Brookfield Real Assets' generous distribution is safe for another quarter. In this year's quarterly webcast/commentary on May 4, the fund said it had made no recommendations to the board about changing the current distribution, in either direction. They said that the distribution coverage for the year ending March 31st as they define it - total earnings, not just NII - was over 200%. Then they said for the first quarter of 2021 it was only 83%. Given that 83% is fairly close, and coming off a year with coverage over 200%, I'm leaning toward expecting the distribution to hold, but it's obviously not a sure thing.
Brookfield Real Assets Income Fund declares $0.199 dividend
Brookfield Real Assets Income Fund (RA) declares $0.199/share monthly dividend, in line with previous.Forward yield 13.43%Payable Jan. 28; for shareholders of record Jan. 20; ex-div Jan. 19.Payable Feb. 18; for shareholders of record Feb. 10; ex-div Feb. 9.Payable Mar. 25; for shareholders of record Mar. 17; ex-div Mar. 16.See RA Dividend Scorecard, Yield Chart, & Dividend Growth.
|RA||US Capital Markets||US Market|
Return vs Industry: RA underperformed the US Capital Markets industry which returned 25.7% over the past year.
Return vs Market: RA exceeded the US Market which returned 10.2% over the past year.
|RA Average Weekly Movement||1.7%|
|Capital Markets Industry Average Movement||0.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: RA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: RA's weekly volatility (2%) has been stable over the past year.
About the Company
Brookfield Real Assets Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc. The fund is co-managed by Schroder Investment Management North America Inc. It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities. Brookfield Real Assets Income Fund Inc. was formed on December 2, 2016 and is domiciled in the United States.
Brookfield Real Assets Income Fund Fundamentals Summary
|RA fundamental statistics|
Is RA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RA income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||0.00%|
How did RA perform over the long term?See historical performance and comparison
Is Brookfield Real Assets Income Fund undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Brookfield Real Assets Income Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Brookfield Real Assets Income Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Brookfield Real Assets Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Brookfield Real Assets Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Brookfield Real Assets Income Fund performed over the past 5 years?
Historical Diversified Financials annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Brookfield Real Assets Income Fund has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
How is Brookfield Real Assets Income Fund's financial position?
In this section we usually analyse Brookfield Real Assets Income Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Brookfield Real Assets Income Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
What is Brookfield Real Assets Income Fund current dividend yield, its reliability and sustainability?
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Brookfield Real Assets Income Fund has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brookfield Real Assets Income Fund Inc.'s employee growth, exchange listings and data sources
- Name: Brookfield Real Assets Income Fund Inc.
- Ticker: RA
- Exchange: NYSE
- Founded: 2016
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$943.258m
- Shares outstanding: 43.89m
- Website: https://publicsecurities.brookfield.com/us-closed-end-funds/brookfield-real-assets-income-fund?id=192676
- Brookfield Real Assets Income Fund Inc.
- Brookfield Place
- 250 Vesey Street
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 23:50|
|End of Day Share Price||2022/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.