Article content material

NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) — Heart Coast Brookfield MLP & Power Infrastructure Fund (NYSE: CEN) (the “Fund”) at this time introduced its Board of Administrators (the “Board”) declared the Fund’s quarterly distribution for March 2023.

Shares bought on or after the ex-distribution date won’t obtain the distribution mentioned above. Please contact your monetary advisor with any questions. Distributions might embody web funding earnings, capital good points and/or return of capital (ROC). Any portion of the Fund’s distributions that may be a return of capital doesn’t essentially replicate the Fund’s funding efficiency and shouldn’t be confused with “yield” or “earnings.” The tax standing of distributions will likely be decided on the finish of the taxable 12 months.* Cost of future distributions is topic to approval by the Fund’s Board of Trustees, in addition to the Fund assembly the asset protection necessities of the Funding Firm Act of 1940, as amended.

Article content material

Brookfield Public Securities Group LLC (“PSG”) is an SEC-registered funding adviser that represents the Public Securities platform of Brookfield Asset Administration Inc., offering world listed actual property methods together with actual property equities, infrastructure equities, vitality infrastructure equities, multi-strategy actual asset options and actual asset debt. With over $22 billion of property below administration as of January 31, 2023, PSG manages separate accounts, registered funds and opportunistic methods for monetary establishments, private and non-private pension plans, insurance coverage corporations, endowments and foundations, sovereign wealth funds and particular person buyers. PSG is an entirely owned subsidiary of Brookfield Asset Administration Inc., a number one world various asset supervisor with roughly $800 billion of property below administration as of December 31, 2022. For extra data, go to https://publicsecurities.brookfield.com/.

Article content material

Heart Coast Brookfield MLP & Power Infrastructure Fund is managed by PSG. The Fund makes use of its web site as a channel of distribution of fabric details about the Fund. Monetary and different materials data concerning the Fund is routinely posted on and accessible at https://publicsecurities.brookfield.com/.

COMPANY CONTACT
Heart Coast Brookfield MLP & Power Infrastructure Fund

Brookfield Place
250 Vesey Avenue, fifteenth Ground
New York, NY 10281-1023
(855) 777-8001
publicsecurities.enquiries@brookfield.com

Investing entails danger; principal loss is feasible. Previous efficiency is just not a assure of future outcomes.

* Distributions embody all distribution funds no matter supply and will embody web earnings, capital good points, and/or return of capital (ROC). ROC shouldn’t be confused with yield or earnings. The Fund’s Part 19a-1 Discover, if relevant, accommodates further distribution composition data and could also be obtained by visiting publicsecurities.brookfield.com. Remaining dedication of a distribution’s tax character will likely be made on Type 1099 DIV and despatched to shareholders. On a tax foundation, as of December 31, 2022, the newest obtainable figures, the Fund estimates that its distributions could also be largely characterised as qualified dividend earnings. This quantity is an estimate and the precise quantity and sources for tax reporting functions might change upon ultimate dedication of tax traits and could also be topic to modifications based mostly on tax laws. A return of capital is just not taxable and leads to a discount within the tax foundation of a shareholder’s funding. The ultimate dedication concerning the character of the distributions will likely be made after the top of the Fund’s fiscal 12 months when the Fund can decide its earnings and earnings. The ultimate tax standing of the distributions might differ considerably and will likely be made obtainable to shareholders after the shut of every calendar 12 months. The proportion of distributions which can be handled as taxable distributions may differ and or enhance in future years. The Fund invests in grasp restricted partnerships (“MLPs”), that are usually handled as partnerships for federal earnings tax functions. Distributions from MLPs are estimated as earnings and return of capital based mostly on data reported by the MLPs and administration’s estimates of such quantities based mostly on historic data. These estimates are adjusted when the precise supply of distributions is disclosed by the MLPs and the precise quantities might differ from the estimated quantities. In setting the Fund’s distribution coverage, PSG and the Fund’s Board contemplate quite a few components, together with each anticipated earnings and distributions obtained by the Fund and our expectations concerning potential capital appreciation. Sometimes the Fund could also be over- or under- distributed when making an allowance for precise earnings, distributions and web unrealized good points or losses since precise capital appreciation is variable over time. Nonetheless, our purpose is to have a distribution fee that’s steady over the long run.

Foreside Fund Providers, LLC; distributor.