8937

Report of Organizational Actions
Affecting Basis of Securities

Form(December 2017)
Department of the Treasury
Internal Revenue ServicePart I

OMB No. 1545-0123

a See separate instructions.

Reporting Issuer

1 Issuer's name

2 Issuer's employer identification number (EIN)BROOKFIELD REAL ASSETS INCOME FUND INC.
3 Name of contact for additional information 4 Telephone No. of contact

81-2623723
5 Email address of contact

Brookfield Public Securities Group LLC(855) 777-8001
6 Number and street (or P.O. box if mail is not delivered to street address) of contact

publicsecurities.enquiries@brookfield.com
7 City, town, or post office, state, and ZIP code of contact

BROOKFIELD PLACE, 250 VESEY STREET, 15TH FL
8 Date of action
9 Classification and description

NEW YORK, NY 10281-1023

12/31/2023
10 CUSIP number
112830104

Part II
14

11 Serial number(s)N/ANONTAXABLE RETURN OF CAPITAL DISTRIBUTION
12 Ticker symbol
13 Account number(s)RA

N/AOrganizational Action Attach additional statements if needed. See back of form for additional questions.

Describe the organizational action and, if applicable, the date of the action or the date against which shareholders' ownership is measured forthe action a DURING 2023, BROOKFIELD REAL ASSETS INCOME FUND INC. DECLARED DIVIDENDS.

PLEASE REFERENCE THE ATTACHED SHEET FOR DETAILS RELATING TO THE DATE OF ACTION.

15Describe the quantitative effect of the organizational action on the basis of the security in the hands of a U.S. taxpayer as an adjustment per
share or as a percentage of old basis a FOR EACH DIVIDEND NOTED ABOVE, 64.8281% OF EACH SUCH DIVIDEND WAS A RETURN OFCAPITAL IN ACCORDANCE WITH THE IRS SECTION 301(C)(2). ACCORDINGLY, THE SHAREHOLDER WOULD REDUCE THE HOLDER'SBASIS IN THE STOCK BY THE PORTION OF DISTRIBUTION DETERMINED TO BE RETURN OF CAPITAL.

16Describe the calculation of the change in basis and the data that supports the calculation, such as the market values of securities and thevaluation dates a THE BASIS OF SHAREHOLDERS OF RECORD FOR EACH DIVIDEND NOTED ABOVE IS LOWERED BY THE PERSHARE AMOUNT DISCLOSED IN THE ATTACHMENT. THE RATE WAS DETERMINED IN ACCORDANCE WITH IRC SECTION 301 AND
SECTION 316.

For Paperwork Reduction Act Notice, see the separate Instructions.

Cat. No. 37752P

Form 8937 (12-2017)

Page 2Form 8937 (12-2017)

Part II

Organizational Action (continued)
IRC 301, 316

17

List the applicable Internal Revenue Code section(s) and subsection(s) upon which the tax treatment is based a18Can any resulting loss be recognized? a NO LOSS CAN BE RECOGNIZED BY THE SHAREHOLDERS OF EACH DIVIDEND NOTEDABOVE FOR THE NON-TAXABLE RETURN OF CAPITAL DISTRIBUTION RECEIVED.

19

Provide any other information necessary to implement the adjustment, such as the reportable tax year a THE INFORMATION PROVIDEDABOVE WILL BE PROVIDED ON THE SHAREHOLDER'S 2023 1099-DIV STATEMENT, BOX 3.

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge andbelief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

SignHereSignature aA signed copy is maintained by the issuer

Print your name aPrint/Type preparer's namePaidPreparer
Use Only Firm's namea

Firm's address a

Preparer's signature

Date aTitle aDate

Checkif
self-employed

PTIN

Firm's EIN aPhone no.

Send Form 8937 (including accompanying statements) to: Department of the Treasury, Internal Revenue Service, Ogden, UT 84201-0054

Brookfield Real Assets Income Fund Inc.
81‐2623723
FYE 12/31/2023

RARecord Date
Ex DatePayable Date Total Dividend
1/11/2023 1/10/2023
1/26/2023
0.19900000
2/8/2023
2/7/2023
2/23/2023
0.19900000
3/15/2023 3/14/2023
3/28/2023
0.199000004/12/2023 4/11/2023
4/25/2023
0.19900000
5/10/2023
5/9/2023
5/25/2023
0.19900000
6/14/2023 6/13/2023
6/27/2023
0.19900000
7/12/2023 7/11/2023
7/26/2023
0.19900000
8/9/2023
8/8/2023
8/28/2023
0.19900000
9/13/2023 9/12/2023
9/26/2023
0.19900000
10/11/2023 10/10/2023
10/25/2023
0.11800000
11/15/2023 11/14/2023
11/27/2023
0.11800000
12/13/2023 12/12/2023
12/26/2023
0.11800000
2.14500000

Return of
Return of Capital Capital %0.12900795
64.8281%0.12900795
64.8281%0.12900795
64.8281%0.12900795
64.8281%0.12900795
64.8281%0.12900795
64.8281%0.12900795
64.8281%0.12900795
64.8281%0.12900795
64.8281%0.07649717
64.8281%0.07649717
64.8281%0.07649717
64.8281%1.39056306