CENTER COAST BROOKFIELD MLP & ENERGY INFRASTRUCTURE FUND

Brookfield Place, 250 Vesey Street
New York, New York 10281-1023

NOTICE OF 20202022 ANNUAL MEETING OF SHAREHOLDERS

April 21, 2020August 11, 2022

To the Shareholders:

Notice is hereby given to holders of common shares of beneficial interest, par value $0.01 per share ("Common Shares"), and holders of Series A Mandatory Redeemable Preferred Shares of beneficial interest, par value $0.01 per share, liquidation preference $25,000 per share ("Preferred Shares," and together with the Common Shares, the "Shares") of Center Coast Brookfield MLP & Energy Infrastructure Fund, a Delaware statutory trust (the "Fund"), that the 20202022 Annual Meeting of Shareholders (the "Meeting") will be held on Thursday, May 14, 2020,Friday, September 9, 2022, at 8:4530 a.m., Eastern Time.

At the Meeting, shareholders will be asked to consider and vote onTime, for the following proposals:purposes:

1.  To consider and vote upon the election of the Class IIIII Trustees as follows ("Proposal 1"):

a.  A Class III Trustee nominee named in the accompanying proxy statement (Mr. Louis P. Salvatore) to be elected by holders of Common Shares, and Preferred Shares voting as a single classeach to serve until the third annual meeting following his election and until his successor is duly elected and qualifies ("Proposal 1a.");

b.  A Class III Trustee nominee named in the accompanying proxy statement (Ms. Heather S. Goldman) to be elected by holders of Preferred Shares voting as a separate class to serve until the third annual meeting following her election and until her successor is duly elected and qualifies ("Proposal 1b.");(Proposal 1).

2.  To transact any other business that may properly come before the Meeting or any adjournment or postponement thereof.

The Board of Trustees recommends that you vote "FOR" the nominees named in the proxy statement. A hedge fund managed by Saba Capital Management, L.P. ("Saba") has taken a position in the Fund and had submitted a notice of intent to nominate two persons for election to the Board of Trustees at the Meeting. The Adviser, the Board of Trustees and Saba have agreed upon the following:

1.  Saba has agreed not to nominate any persons for election to the Board of Trustees at the Meeting;

2.  If requested by Saba, the Board of Trustees and the Adviser agreed to hold a special election at the Fund's annual meeting in 2023 with respect to the Class II Trustees (in addition to the regular election of the Class III Trustees);

3.  The current Class II Trustees agreed to resign the balance of their term (if elected this year) if another candidate receives sufficient votes to satisfy the election of director requirements of local law and the Fund's Declaration of Trust and By-laws ("Sufficient Votes") at the special election in 2023; and

4.  The Board of Trustees agreed to fill any vacancies created by the resignations of either Class II Trustees next year with the Trustee candidates that receive Sufficient Votes in the special election, to serve the balance of that term.

The Adviser and the Board of Trustees believe this agreement is in the interests of the Fund and its shareholders.

Due to the public health impact of the coronavirus pandemic (COVID-19), and to support the health and well-being of Fund shareholders, the Meeting will be held solely on the internet byin a virtual means.meeting format only. Shareholders will not be able to attend the Meeting in person. In order to participate in and vote at the Meeting, shareholders of record as of the close of business on April 13, 2020August 5, 2022 (the "Record Date") need to register for the Meeting. If you owned Shares as of the Record Date and wish to participate in the Meeting, you must email AST Fund Solutions, LLC ("AST") at attendameeting@astfinancial.com or call AST toll-free at 1-866-387-9392, in order to register to attend the Meeting, obtain the credentials to access the Meeting, and verify that you were a shareholder on the Record Date. If you are a registered holder, you must

(3)  Enter the control number set forth on the enclosed proxy card and follow the simple instructions.

To vote by telephone:

(1)  Read the Proxy Statement and have the enclosed proxy card at hand.

(2)  Refer to the toll-free number that appears on the enclosed proxy card.

(3)  Follow the instructions.

We encourage you to authorize a proxy to vote your Shares via the Internet using the control number that appears on your enclosed proxy card. Use of Internet voting will reduce the time and costs associated with this proxy solicitation. Whichever method you choose, please read the enclosed Proxy Statement carefully before you vote. If you should have any questions about this Notice or the proxy materials, we encourage you to call us at (855) 777-8001.

By Order of the Board of Trustees,

/s/ Thomas D. PeeneyBrian Hurley

Thomas D. PeeneyBrian Hurley
SecretaryPresident

IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY 14, 2020SEPTEMBER 9, 2022

The Fund's Notice of 20202022 Annual Meeting of Shareholders, Proxy Statement and Form of Proxy are available on the Internet at https://publicsecurities.brookfield.com/en.

WE NEED YOUR PROXY VOTE IMMEDIATELY.

YOU MAY THINK YOUR VOTE IS NOT IMPORTANT, BUT IT IS VITAL. AT THE MEETING OF SHAREHOLDERS, THE FUND WILL BE UNABLE TO CONDUCT ANY BUSINESS IF LESS THAN A MAJORITY OF THE VOTES ENTITLED TO BE CAST ARE REPRESENTED. IN THAT EVENT, THE MEETING MAY BE ADJOURNED AND THE FUND, AT THE SHAREHOLDERS' EXPENSE, WOULD CONTINUE TO SOLICIT VOTES IN AN ATTEMPT TO ACHIEVE A QUORUM. CLEARLY, YOUR VOTE COULD BE CRITICAL TO ENABLE THE FUND TO HOLD THE MEETING AS SCHEDULED, SO PLEASE RETURN YOUR PROXY CARD IMMEDIATELY. YOU AND ALL OTHER SHAREHOLDERS WILL BENEFIT FROM YOUR COOPERATION.

Instructions for Signing Proxy Cards

The following general rules for signing proxy cards may be of assistance to you and avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly.

1.  Individual Accounts. Sign your name exactly as it appears in the registration on the proxy card.

2.  Joint Accounts. Either party may sign, but the name of the party signing should conform exactly to the name shown in the registration.

3.  All Other Accounts. The capacity of the individual signing the proxy card should be indicated unless it is reflected in the form of registration. For example:

Corporate Accounts

Trust Accounts

Custodial or Estate Accounts

YOUR VOTE IS IMPORTANT. PLEASE AUTHORIZE A PROXY TO VOTE YOUR SHARES PROMPTLY, NO MATTER HOW MANY SHARES YOU OWN.

CENTER COAST BROOKFIELD MLP & ENERGY INFRASTRUCTURE FUND

Brookfield Place, 250 Vesey Street
New York, New York 10281-1023

PROXY STATEMENT

This Proxy Statement is furnished to the holders of common shares of beneficial interest, par value $0.01 per share ("Common Shares"), and holders of Series A Mandatory Redeemable Preferred Shares of beneficial interest, par value $0.01 per share, liquidation preference $25,000 per share ("Preferred Shares," and together with the Common Shares, the "Shares") of Center Coast Brookfield MLP & Energy Infrastructure Fund, a Delaware statutory trust (the "Fund"), of proxies to be exercised at the 20202022 Annual Meeting of Shareholders (the "Meeting") of the Fund to be held on Thursday, May 14, 2020Friday, September 9, 2022, at 8:4530 a.m., Eastern Time (and at any adjournment or postponements thereof) for the purposes set forth in the accompanying Notice of Annual Meeting of Shareholders. This Proxy Statement and the accompanying form of proxy card are first being sent to shareholders on or about April 21, 2020.August 11, 2022.

Due to the public health impact of the coronavirus pandemic (COVID-19),(COVID 19) and to support the health and well-being of Fund shareholders, the Meeting will be held solely on the internet by virtual means. You will not be able to attend the Meeting in person.

The persons named as proxy holders on the proxy card will vote in accordance with your instructions and, unless specified to the contrary, will vote "FOR" the election of the Class IIIII Trustee nominees. The close of business on April 13, 2020,August 5, 2022, has been fixed as the record date (the "Record Date") for the determination of shareholders entitled to receive notice of, and to vote at, the Meeting. Each Share is entitled to one vote for each matter properly presented at the Meeting. At the Meeting, Proposal 1b. will be voted on exclusively by the holders of Preferred Shares voting as a separate class. On each other proposal to be brought before the Meeting, including Proposal 1a., the holders of Preferred Shares will have equal voting rights (i.e., one vote per share) with the holders of Common Shares and such shareholders will vote together as a single class. Votes may not be cumulated. At the close of business on the Record Date, the Fund had 49,265,059 Common Shares and 746 Preferred4,929,945 Shares.

Under the Declaration of Trust of the Fund, the holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum for the purposes of conducting business at such meeting of the Shareholders. In the event that a quorum is not present at the Meeting or otherwise, the chairmanchair of the Meeting has the power to adjourn

the outcome of the vote on Proposal 1. Since banks and brokers will have discretionary authority to vote Shares in the absence of voting instructions from shareholders with respect to Proposal 1, we expect that there will be no broker "non-votes."

Shareholders who execute proxies retain the right to revoke them by: (a) written notice received by the Secretary of the Fund at any time before that proxy is exercised; (b) signing a proxy bearing a later date or; (c) attending the Meeting and voting in person (attendance at the Meeting will not, by itself, revoke a properly executed proxy). If you hold your Shares in "street name" (that is, through a broker or other nominee), you should instruct your broker or nominee how to vote your Shares by following the voting instructions provided by your broker or nominee.

In order to participate in and vote your Shares at the Meeting, shareholders of record as of the close of business on April 13, 2020 (the "Record Date")Record Date need to register for the Meeting.

If you are a registered holder, and wish to attend and vote at the Meeting, you must:

•  RegisterSend an email including your full name and address to the Fund's proxy solicitor, AST Fund Solutions, LLC ("AST"), at proxy@astfinancial.com by 11:59 p.m. Eastern Time on May 13, 2020.attendameeting@astfinancial.com with "Center Coast Brookfield MLP & Energy Infrastructure Fund virtual meeting" in the subject line. After receiving this information, AST will then email you the virtual meeting access information and instructions for voting during the Meeting. You will need to the control number found on your proxy card as part of the registration process.

If your sharesShares are registered in the name of your broker, bank, or other agent, you are the "beneficial owner" of those sharesShares and those sharesShares are considered as held in "street name." If you hold your shares are heldShares in a "street name,"name" and wish to attend and vote at the Meeting, you must:

•  Obtain a legal proxy from your broker, bank or other nominee.

•  Submit proof of your legal proxynominee reflecting the Fund's name, the number of Shares you own along withheld as of the Record Date, as well as your name and address. You may forward an email addressfrom your intermediary containing the legal proxy or attach an image of the legal proxy via email to American Stock Transfer & Trust Company, LLC ("AST"), the Fund's proxy solicitor. Requests for registration should be directed to proxy@astfinancial.com or to facsimile number 718-765-8730. Written request can be mailed to: American Stock Transfer & Trust

PLEASE DO NOT SEND BACK ANY PROXY CARD YOU MAY RECEIVE FROM SABA, EVEN TO WITHHOLD VOTES ON THE HEDGE FUND NOMINEES, AS THIS WILL CANCEL YOUR PRIOR VOTE FOR THE BOARD OF DIRECTORS' NOMINEES ("BOARD NOMINEES"). ONLY YOUR LATEST DATED PROXY WILL COUNT AT THE MEETING.

Shareholders may request copies of the Fund's most recent annual report, including the financial statements, without charge, by writing to Investor Relations, Center Coast Brookfield MLP & Energy Infrastructure Fund, Brookfield Place, 250 Vesey Street, 15th Floor, New York, New York 10281-1023. These reports also are available on the Fund's website at https://publicsecurities.brookfield.com/en. These documents have been filed with the Securities and Exchange Commission and are available at www.sec.gov.

PROPOSAL 1: ELECTION OF CLASS IIIII TRUSTEES

The Board of Trustees (the "Board") is divided into three classes: Class I, Class II and Class III. The terms of office of the present Trustees in each class expire at the Annual Meeting in the year indicated and when their respective successors are elected and qualify: Class I, 2021,2024, Class II, 2022 and Class III, 2020.2023. Trustees elected to succeed those whose terms are expiring will be identified as being of that same class and will be elected to serve until the third annual meeting after their election and until their successors are duly elected and qualify.

The persons named in the accompanying form of proxy intend to vote at the Meeting (unless directed not to so vote) for the re-election of Mr. Louis P. SalvatoreMessrs. Edward Kuczmarski and Ms. Heather S. Goldman,Stuart McFarland, each a Class IIIII Independent Trustee nominees. Mr. Salvatorenominee. Messrs. Kuczmarski and Ms. GoldmanMcFarland have indicated that they will serve if elected, but if they should be unable to serve or for good cause will not serve, the proxy or proxies will be voted for any other persons determined by the persons named in the proxy in accordance with their discretion. If elected, Mr. SalvatoreMessrs. Kuczmarski and Ms. GoldmanMcFarland will serve until the 2023 annual meeting2025 Annual Meeting of shareholdersShareholders and until their respective successors are duly elected and qualify.

The Fund's Board has determined that Mr. SalvatoreMessrs. Kuczmarski and Ms. Goldman,McFarland, as well as Messrs. Edward A. KuczmarskiMr. William H. Wright II and Stuart A. McFarlandMs. Heather Goldman are each independent under the criteria for independence set forth in the listing standards of the New York Stock Exchange. Mr. David Levi is considered an Interested Trustee. Therefore, upon election of the Class IIIII Independent Trustee nominees

As described above, there are two nominees for election to the Board at this time. The affirmative vote of a majority of the Shares present in person or represented by proxy and entitled to vote on the matter at the Meeting at which a quorum is present is necessary to elect the Class II Trustee nominees.

A hedge fund managed by Saba Capital Management, L.P. ("Saba") has taken a Class III Trustee nominee.position in the Fund and had submitted a notice of intent to nominate two persons for election to the Board of Trustees at the Meeting. The holdersAdviser, the Board of Shares willTrustees and Saba have equal voting rights (agreed upon the following:

i.e.1.  Saba has agreed not to nominate any persons for election to the Board of Trustees at the Meeting;

,2.  If requested by Saba, the Board of Trustees and the Adviser agreed to hold a special election at the Fund's annual meeting in 2023 with respect to the Class III Trustee nominee elected byII Trustees (in addition to the holdersregular election of Common Shares and Preferred Shares voting as a single class, each Common Share and each Preferred Share will have one vote per Share, and with respect to the Class III Trustee nomineeTrustees);

3.  The current Class II Trustees agreed to resign the balance of their term (if elected this year) if another candidate receives sufficient votes to satisfy the election of director requirements of local law and the Fund's Declaration of Trust and By-laws ("Sufficient Votes") at the special election in 2023; and

4.  The Board of Trustees agreed to fill any vacancies created by the holdersresignations of Preferred Shares voting as a separate class, each Preferred Share will have one vote per Share).either Class II Trustees next year with the Trustee candidates that receive Sufficient Votes in the special election, to serve the balance of that term.

The Adviser and the Board of Trustees believe this agreement is in the interests of the Fund and its shareholders.

The Board of Trustees recommends that the shareholders vote "FOR" the election of the nominees listed above to serve as the Class IIIII Trustees until the Annual Meeting of Shareholders in 20232025 and until their respective successors are duly elected and qualified.qualify.

Class I Independent Trustee – Term Expires at the 2024 Annual Meeting of Shareholders

Class II Independent TrusteesI Interested Trustee – Terms ExpireTerm Expires at the 20222024 Annual Meeting of Shareholders

Class III Independent Trustee – Term Expires at the 2023 Annual Meeting of Shareholders

Class I Interested Trustee – Term Expires at the 2021 Annual Meeting of Shareholders

*  Designated as Trustee elected by holdersThe Fund Complex is comprised of Preferred Shares voting as a separate class.the Fund, Brookfield Investment Funds (6 series of underlying portfolios), Brookfield Real Assets Fund Income Fund Inc. and Oaktree Diversified Income Fund Inc.

**  Designates individuals who are "interested persons" of the Fund, as defined by the Investment Company Act of 1940, Act,as amended (the "1940 Act"), because of affiliations with the Adviser.

¹  Seated, February 2, 2018.

Officers of the Funds

The officers of the Fund are elected by the Board either at its annual meeting, or at any subsequent regular or special meetingmeetings of the Board. The Board of the Fund has appointed sixfour officers, each to hold office at the discretion of the Board until his or her successor is elected and qualifies or until his or her resignation or removal. Except where dates of service are noted, all officers listed below were appointed on February 2, 2018. The following table sets forth information concerning each officer of the Fund as of the date of this Proxy Statement:

**  Designates individuals who are "interested persons" of the Fund, as defined by the 1940 Act, because of affiliations with the Adviser.

¹Thomas D. Peeney  Casey Tushaus was appointed by the Board as the Treasurer of the Fund on February 28,25, 2021. Previously, Mr. Tushaus served as Assistant Treasurer of the Fund since 2018.

Share Ownership

As of the Record Date, the Trustee nominees, Trustees, and officers of the Fund beneficially owned individually and collectively as a group less than 1% of the outstanding sharesShares of the Fund.

The following table sets forth the aggregate dollar range of equity securities owned by each Trustee of the Fund and of all funds overseen by each Trustee in the Adviser's family of investment companies (the "Fund Complex") as of December 31, 2019.2021. The Fund Complex is comprised of the Fund, Brookfield Real Assets Income Fund Inc., Oaktree Diversified Income Fund Inc., and Brookfield Investment Funds (7and its six series of underlying portfolios):portfolios: Brookfield Global Listed Real Estate Fund, Brookfield Global Listed Infrastructure Fund, Brookfield U.S. Listed Real EstateAssets Securities Fund, Brookfield Real Assets SecuritiesGlobal Renewables & Sustainable Infrastructure Fund, Center Coast Brookfield Midstream Focus Fund, Center Coast Brookfield Energy Infrastructure Fund^*and Brookfield Real Assets DebtOaktree Emerging Markets Equity Fund.^* The cost of each Trustee's investment in the Fund Complex may vary from the current dollar range of equity securities shown below, which is calculated on a market value basis as of December 31, 2019.2021. The information as to beneficial ownership is based on statements furnished to the Fund by each Trustee.

*  As of the date of this Proxy Statement, shares of the Brookfield Real Assets Debt Fund are not publicly offered.

¹  Key to Dollar Ranges:

  A. None

  B. $1 – $10,000

  C. $10,001 – $50,000

  D. $50,001 – $100,000

  E. Over $100,000

Committee, and Ms. Goldman, a Class III Trustee, serves as Chair of the Nominating and Compensation Committee. The Fund's Board has adopted Fund Governance Policies

experiences are set forth in detail in the table above. The Trustees have substantial board experience or other professional experience and have

financial services and tech executive, who over a twenty-plus year career has worked in a senior capacity across a diverse array of firms in the private equity, investment management and commercial banking industries. She previously served as head of global marketing for the Adviser, and as such has extensive knowledge of the Adviser, its operations, and personnel. She also has experience working in other roles for the parent company of the Adviser. Prior to working with the Adviser, and for nearly five years, she acted as CEO and Chairman,Chair, co-founding and managing Capital Thinking, a financial services risk-management technology company in New York. Most recently, Ms. Goldman was Co-Founder and CEO of another fintech company, Capstak, Inc. She is a fintech angel investor. Ms. Goldman is a member of the Audit Committee and is Chair of the Nominating and Compensation Committee.

•  Louis P. SalvatoreWilliam H. Wright II – In addition to his tenure as a Trustee of the Fund, Mr. SalvatoreWright has extensive business experience in financial servicesexecutive leadership, investment banking and financial reporting, including servingcorporate finance. He previously served as a Managing Director of Morgan Stanley until his retirement in 2010, having joined the firm in 1982. During his career in investment banking at Morgan Stanley, Mr. Wright headed the corporate finance execution group, where he was responsible for leading and coordinating teams in the execution of complex equity offerings for multinational corporations. Following his career in investment banking. Mr. Wright served on the board of directors/trustees for various other investment management companies and as audit committee chairman for several other publicly traded and private companies.non-profit entities. Mr. Salvatore previously spent over thirty years in public accounting. He holds a Masters Professional Director Certification from the American College of Corporate Directors, a public company director education organization. Mr. SalvatoreWright serves as ChairmanChair of the Audit Committee and is a member of the Nominating and Compensation Committee.

•  David Levi – In addition to his tenure as a Trustee of the Fund, Mr. Levi is Chief Executive Officer of the Adviser and a Managing Partner of Brookfield Asset Management Inc. He has over 2526 years of industry experience in asset management. Mr. Levi's background includes extensive strategy-related, client-facing and business development experience globally within both the institutional and high net worth markets. Prior to joining the Adviser in 2014, Mr. Levi was Managing Director and Head of Global Business Development at Nuveen Investments, after holding similar positions at AllianceBernstein Investments and Legg Mason and senior strategy roles within J.P. Morgan Asset Management. Mr. Levi is a Fellow of the 2019 class of the Aspen Finance Leaders Fellowship, is a member of the Aspen Global Leadership Network, and holds the Chartered Financial Analyst^® designation. He earned a Master of Business Administration degree from Columbia University and a Bachelor of Arts degree from Hamilton College. His position of responsibility at the Adviser, in addition to his knowledge of the firm and experience in financial services, has been determined to be valuable to the Board in its oversight of the Fund.

Nominating and Compensation Committee Considerations for Independent Trustees

The Nominating and Compensation Committee evaluates candidates' qualifications for Board membership. When evaluating candidates, the Nominating and Compensation Committee considers a number of attributes including leadership, independence, interpersonal skills, financial acumen, integrity and professional ethics, educational and professional background, prior director/trustee or executive experience, industry knowledge, business judgment and specific experiences or expertise that would complement or benefit the Board as a whole. The Nominating and Compensation Committee also may consider other factors/attributes as it may determine appropriate in its own judgment. The Nominating and Compensation Committee believes that the significance of each nominee's background, experience, qualifications, attributes, or skills must be considered in the context of the Board as a whole. As a result, the Nominating and Compensation Committee has not established a litmus test or quota relating to these matters that must be satisfied before an individual may serve as a director/trustee. The Nominating and Compensation Committee believes that board effectiveness is best evaluated at a group level, through the annual self-assessment process. Through this process, the Nominating and Compensation Committee considers whether the Board as a whole has an appropriate level of sophistication, skill, and business acumen and the appropriate range of experience and background. The diversity of a candidate's background or experiences, when considered in comparison to the background and experiences of other members of the Board, may or may not impact the Nominating and Compensation Committee's view as to the candidate. In evaluating these matters, the Nominating and Compensation Committee typically considers the following minimum criteria:

•  With respect to nominations for Independent Trustees, nominees shall be independent of the Adviser and other principal service providers. The Nominating and Compensation Committee of the Fund shall also consider the effect of any relationship beyond those delineated in the 1940 Act that might impair independence, such as business, financial or family relationships with the investment adviser or its affiliates.

•  Independent Trustee nominees must qualify for service on the Fund's Audit Committee under the rules of the New York Stock Exchange (including financial literacy requirements) or of another applicable securities exchange.

•  With respect to all Trustees, a proposed nominee must qualify under all applicable laws and regulations.

•  The Nominating and Compensation Committee of the Fund also may consider such other factors as it may determine to be relevant.

Fund's Nominating and Compensation Committee is to recommend candidates for election to its Board as Independent Trustees. The Fund's Nominating and Compensation Committee evaluates each candidate's qualifications for Board membership and their independence from the Adviser and other principal service providers.

The Nominating and Compensation Committee will consider nominees recommended by shareholders who, separately or as a group, own at least one

Qualified Legal Compliance Committee

The Fund has a standing Qualified Legal Compliance Committee ("QLCC"). The QLCC was formed for the purpose of compliance with Rules 205.2(k) and 205.3(c) of the Code of Federal Regulations, regarding alternative reporting procedures for attorneys retained or employed by an issuer who appear and practice before the Securities and Exchange Commission on behalf of the issuer (the "issuer attorneys"). An issuer attorney who becomes

ended December 31, 2021, the aggregate annual retainer paid to each Independent Trustee of the Board for the Fund Complex was $190,000. Effective JuneJanuary 1, 2018,2022, the aggregate annual retainer paid to each Independent Trustee of the Board for the Fund Complex is $180,000.$205,000. The Independent ChairmanChair of the Fund Complex and the ChairmanChair of the Audit Committee each receive an additional payment of $30,000 per year, and the Chair of the Nominating and Compensation Committee receives an additional payment of $10,000 per year. The following table sets forth information

Audit Committee Report

On February 19, 2020,November 17, 2021, the Audit Committee (the "Audit Committee") of the Board of Trustees of the Fund reviewed and discussed with management the Fund's audited financial statements as of and for the fiscal year ended September 30, 2019.2021. The Audit Committee discussed with Deloitte & Touche LLP ("Deloitte"), the Fund's independent registered public accounting firm, the matters required to be

GENERAL INFORMATION

MANAGEMENT AND SERVICE PROVIDERS

The Adviser

Brookfield Public Securities Group LLC (the "Adviser" or "PSG"), a Delaware limited liability company and a registered investment adviser under the Investment Advisers Act of 1940, as amended, serves as the investment adviser and administrator to the Fund. Founded in 1989, the Adviser is a wholly-owned subsidiary of Brookfield Asset Management Inc. (TSX/NYSE: BAM; EURONEXT: BAMA) ("Brookfield"), a publicly held global asset manager focused on property, power, and other infrastructure assets with over $540approximately $690 billion of assets under management as of December 31, 2019.2021. In addition to the Fund, the Adviser's clients include financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds, high net-worth investors, and several other registered investment companies. The Adviser specializes in global listed real assets strategies and its investment philosophy incorporates a value-based approach towards investment. The business address of the Adviser and its officers and directors is Brookfield Place, 250 Vesey Street, 15th Floor, New York, New York 10281-1023. Subject to the authority and oversight of the Board of Directors,Trustees, the Adviser is responsible for the overall management of the Fund's business affairs. As of March 31, 2020,February 28, 2022, the Adviser and its subsidiaries had over $14approximately $20 billion in assets under management.

The Administrator

Pursuant to an administration agreement, the Adviser also provides various administrative services to the Fund, including, among other responsibilities, preparing and coordinating reports and other materials to be supplied to the Board; preparing and/or supervising the preparation and filing with the applicable regulatory authority of all securities filings, periodic financial reports, prospectuses, statements of additional information, marketing materials, tax returns, shareholder reports and other regulatory reports and filings required of the Fund; supervising and monitoring the preparation of all required filings necessary to maintain the Fund's qualification and/or registration to sell Shares in all states where the Fund currently does, or intends to do business; coordinating the preparation, printing and mailing of all materials required to be sent to shareholders; coordinating the preparation and payment of Fund-related expenses; monitoring and overseeing the activities of the Fund's other service providers; reviewing and adjusting as necessary the Fund's daily expense accruals; monitoring daily, monthly and periodic compliance with respect to federal and state securities laws; and sending periodic information (i.e.(i.e., performance figures) to service organizations that track investment company information.

The Sub-Administrator

Pursuant to a sub-administration agreement, U.S. Bancorp Fund Services, LLC (d/b/a U.S. Bank Global Fund Services) ("USBFS" or the "Sub-Administrator"), 1201 South Alma School Road, Suite 3000, Mesa, Arizona 85210 acts as the Sub-Administrator to the Fund. USBFS provides certain services to the Fund including, among other responsibilities, coordinating the negotiation of contracts and fees with, and the monitoring of performance and billing of, the Fund's independent contractors and agents; preparing for signature by an officer of the Fund of all documents required to be filed for compliance by the Fund with applicable laws and regulations, excluding those of the securities laws of various states; arranging for the computation of performance data, including net asset value per share and yield; responding to shareholder inquiries; and arranging for the maintenance of books and records of the Fund, and providing, at its own expense, office facilities, equipment and personnel necessary to carry out its duties. In this capacity, USBFS does not have any responsibility or authority for the management of the Fund, the determination of investment policy, or for any matter pertaining to the distribution of Fund Shares.

The Fund's Auditor

At a meeting held on February 19, 2020,November 17, 2021, the Audit Committee of the Fund unanimously recommended the selection of, and the Trustees unanimously approved, Deloitte & Touche LLP as the Fund's independent registered public accounting firm for the current fiscal year ending September 30, 2020.2022. The Fund is not submitting the Audit Committee's selection of Deloitte as the Fund's independent registered public accounting firm for ratification by its shareholders because doing so is not required by law. RepresentativesAlthough representatives of Deloitte are not expected to be present at the Meeting, and will have an opportunity to make a statement if they desire to do so, and are also expected to be available to respond to appropriate questions.

On September 27, 2018, the Adviser announced that the Fund's Board of Trustees approved a change in the Fund's fiscal year end from November 30 to September 30. The following table sets forth the aggregate fees billed or to be billed to the Fund for services performed for the fiscal years ended September 30, 20192021, 2020 and September 30, 2018,2019, by Deloitte.

¹  The aggregate fees billed for each of the last twothree fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the Fund's financial statements. In particular, the Audit-related fees disclosed relate to consents

²  Tax fees consist of fees for review of tax returns and tax distribution requirements.

³  SSAE 16 Review (formerly, SAS No. 70) fees for the fiscal years ended September 30, 20192021, 2020 and September 30, 20182019, were $150,000, $145,000, and $140,000,$145,000, respectively, which were billed by Deloitte to the Adviser.

As indicated above, the Board has adopted a written charter for the Audit Committee (the "Charter"), which is available on the Fund's website at https://publicsecurities.brookfield.com/en. The Fund's Audit Committee reviews the Charter at least annually and may recommend changes to the Board. Each member of the Audit Committee of the Fund is independent as independence is defined in the listing standards of the New York Stock Exchange. The Audit Committee has adopted policies and procedures for pre-approval of the engagement of the Fund's auditors. The Audit Committee evaluates the auditor's qualifications, performance, and independence at least annually by reviewing, among other things, the relationship between the auditor and the Fund, as well as the Adviser or any control affiliate of the Adviser, any material issues raised by the most recent internal quality control review and the auditor's internal quality control procedures.

DELINQUENT SECTION 16(a) REPORTSBENEFICIAL OWNERSHIP REPORTING COMPLIANCE

Section 16(a) of the Exchange Act requires the Fund's Trustees and executive officers, and persons who own more than ten percent10% of a registered class of the Fund's equity securities, to file with the Securities and Exchange Commission initial reports of ownership and reports of changes in ownership of common stock and other equity securities of the Fund. Officers, Trustees and greater than ten percent10% shareholders are required by Securities and Exchange Commission regulation to furnish the Fund with copies of all Section 16(a) forms they file.

Based solely on a review of the copies of such reports furnished to the Fund and written representations that no other reports were required, the Fund believes that all Section 16(a) filing requirements were complied with during the Fund's fiscal year ended September 30, 2019.2021.

on the Fund's review of filings made pursuant to Section 13 of the Exchange Act.

¹  The number of Shares are those beneficially owned as determined under the rules of the Securities Exchange and Commission, and such information is not necessarily indicative of beneficial ownership for any other purpose. Under such rules, beneficial ownership includes any Shares as to which a person has sole or shared voting power or investment power and any Shares which the person has the right to acquire within 60 days through the exercise of any option, warrant or right, through conversion of any security or pursuant to the automatic termination of a power of attorney or revocation of a trust, discretionary account or similar arrangement.

²  Based on information obtained from a Schedule 13G/A filed with the SEC on January 17, 2020.

³  On March 30, 2020, the Fund redeemed 1,254 Preferred Shares. The number of Preferred Shares redeemed were allocated pro rata among the holders of Preferred Shares in proportion to the number of Preferred Shares held by such holder. After giving effect to the redemption, the Fund has 746 Preferred Shares outstanding.

Pursuant to the current Bylaws of the Fund, nominations of individuals for election to the Board and the proposal of other business to be considered by the shareholders may be made at an annual meeting of shareholders by any shareholder who was a shareholder of record both at the time of giving of the prescribed notice by the shareholder and at the time of the annual meeting, who is entitled to vote at the meeting in the election of each individual so nominated or on any such other business. For any nomination or other business to be properly brought before an annual meeting by a shareholder, the shareholder must have given timely notice thereof in writing to the Secretary of the Fund, Brookfield Place, 250 Vesey Street, 15th Floor, New York, New York 10281-1023, and in the case of any such other business, such other business must otherwise be a proper matter for action by the shareholders. To be timely, a shareholder's notice must be delivered to the Secretary of the Fund not earlier than the 120th120^th day, nor later than the 90th90^th day, prior to the first anniversary of the preceding year's annual meeting.meeting (provided, however, that in the event that the date of the annual meeting is more than 30 days before or more than 70 days after September 9, 2023, in which case notice by the shareholder must be so delivered not earlier than the close of business on the 120^th day prior to such annual meeting and not later than the close of business on the later of the 90^th day prior to such annual meeting or the 10^th day following the day on which public announcement of the date of such meeting is first made by the Fund). For matters to be presented at the 2021 annual meeting2023 Annual Meeting of shareholders,Shareholders, the notice must be delivered to the Secretary of the Fund not earlier than January 14, 2021April 13, 2023, and not later than February 13, 2021.June 12, 2023. The notification must be in the form prescribed by the current Bylaws. The advance notice provisions provide the Fund and its Trustees with the opportunity to thoughtfully consider and address the matters proposed before the Fund prepares and mails its proxy statement to shareholders. In no event shall the public announcement of a postponement or adjournment of an annual meeting to a later date or time commence a new time period for giving of a shareholder's notice as described above. Please contact the Secretary of the Fund for additional information about the advance notice requirements.

EXPENSES OF PROXY SOLICITATION

The cost of preparing, mailing, and assembling material in connection with this solicitation of proxies will be borne by the Fund. In addition to the use of the mail, proxies may be solicited personally by officers of the Fund or by regular employees of the Adviser. Brokerage houses, banks and other fiduciaries will be requested to forward proxy solicitation material to their principals to obtain authorization for the execution of proxies, and they will be reimbursed by the Fund for out-of-pocket expenses incurred in connection therewith.

April 21, 2020August 11, 2022