Brookfield Real Assets Income Fund Inc. Plans Monthly Dividend of $0.12 (NYSE:RA)

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Friday, December 26th. Shareholders of record on Thursday, January 8th will be paid a dividend of 0.118 per share on Thursday, January 22nd. This represents a c) annualized dividend and a yield of 10.9%. The ex-dividend date of this dividend is Thursday, January 8th.

Brookfield Real Assets Income Fund Price Performance

Shares of RA opened at $12.98 on Tuesday. Brookfield Real Assets Income Fund has a twelve month low of $11.87 and a twelve month high of $13.59. The firm has a 50 day moving average of $13.04 and a 200 day moving average of $13.22.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Hedge funds have recently bought and sold shares of the business. Park Avenue Securities LLC purchased a new stake in shares of Brookfield Real Assets Income Fund during the 4th quarter valued at about $148,000. Ameriprise Financial Inc. lifted its position in Brookfield Real Assets Income Fund by 42.8% during the third quarter. Ameriprise Financial Inc. now owns 58,399 shares of the company’s stock valued at $780,000 after purchasing an additional 17,517 shares during the period. SeaCrest Wealth Management LLC boosted its holdings in Brookfield Real Assets Income Fund by 10.0% in the third quarter. SeaCrest Wealth Management LLC now owns 15,817 shares of the company’s stock worth $214,000 after purchasing an additional 1,433 shares during the last quarter. UBS Group AG grew its position in Brookfield Real Assets Income Fund by 3.9% in the 3rd quarter. UBS Group AG now owns 81,458 shares of the company’s stock worth $1,088,000 after purchasing an additional 3,040 shares during the period. Finally, Tennessee Valley Asset Management Partners purchased a new stake in Brookfield Real Assets Income Fund during the 3rd quarter valued at $489,000.

About Brookfield Real Assets Income Fund

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.