Bullboard - Stock Discussion Forum Brookfield Global Infrastructure Securities Income Fund T.BGI.UN

Brookfield Global Infrastructure Securities Income Fund (the Fund) is a Canada-based investment fund. The investment objectives of the Fund are to provide holders of units (Unitholders) with quarterly cash distributions, maximize total return for Unitholders through distributions and capital appreciation and preserve capital of the Fund by investing in a portfolio (the Portfolio) comprised... see more

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Brookfield Global Infrastructure Securities Income Fund > Any ideas why?

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Post by Freezerburn on Mar 07, 2023 9:52am

Any ideas why?

This is yielding almost 13%. I never see any mention or coverage of this anywhere. Love the yield but it also scares me. Seems safe when you look into it.....

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Comment by DemDem on Mar 15, 2023 12:53pm

This fund closely follows the book value ($4.79). Low debt 21.9%. However, the energy companies in its portfolio are all indebted. This is normal for these companies which require a lot of capital, but which generate a lot of practically guaranteed income (Hydro One). These debts are always worrying for individuals, especially when these companies often have to borrow at higher rates. However ...more

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