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Middlefield Global Real Asset Fund (T:RA.UN)

Business Focus: Closed End Funds

Sector:  Financials Industry:  Closed End Funds
See Regulatory Filings on SEDAR
Company Contact
Address: 812 Memorial Dr NW
Calgary AB T2N 3C8
Tel: N/A
Website: N/A
Key People
Business Overview
Middlefield Global Real Asset Fund (the Fund) is a Canada-based closed-ended investment trust. The Fund's investment objectives are to provide holders of units with stable monthly cash distributions, and long-term total return through capital appreciation of the Fund's investment portfolio. The Company primarily invests in global portfolio comprised of dividend paying securities. It also invests in physical real estates or infrastructure assets. The Company is managed by Middlefield Limited. The investment advisor to the Company is Middlefield Capital Corporation.
Financial Overview
For the fiscal year ended 31 December 2021, Middlefield Global Real Asset Fund revenues decreased 1% to C$8.7M. Net income increased 5% to C$6.8M. Revenues reflect Change in Net Unrealized Gain on Investm decrease of 97% to C$342K, Income from Investments decrease of 7% to C$2M, Interest Income - Investment decrease of 78% to C$43K. Net income reflects Management fee decrease of 7% to C$1.2M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $8.68M as of Dec 31, 2021
EBITDA (TTM): $7.13M as of Dec 31, 2021
Net annual income (TTM): $6.79M as of Dec 31, 2021
Free cash flow (TTM): $31.92M as of Dec 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 6,551,126 as of May 13, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization