Brookfield Real Assets Income Fund Inc. Announces 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, February 5th will be paid a dividend of 0.118 per share on Thursday, February 19th. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date is Thursday, February 5th.

Brookfield Real Assets Income Fund Price Performance

RA stock traded down $0.01 during trading on Tuesday, reaching $13.07. 31,740 shares of the stock traded hands, compared to its average volume of 201,046. The business’s 50 day moving average price is $12.99 and its 200-day moving average price is $13.17. Brookfield Real Assets Income Fund has a 52-week low of $11.87 and a 52-week high of $13.59.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RA. Ameritas Advisory Services LLC purchased a new stake in Brookfield Real Assets Income Fund during the 2nd quarter worth approximately $28,000. Accredited Investor Services LLC boosted its stake in Brookfield Real Assets Income Fund by 23.0% during the 2nd quarter. Accredited Investor Services LLC now owns 13,447 shares of the company’s stock valued at $180,000 after acquiring an additional 2,518 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Brookfield Real Assets Income Fund by 71.8% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 24,804 shares of the company’s stock worth $332,000 after purchasing an additional 10,365 shares during the last quarter. Uhlmann Price Securities LLC lifted its position in shares of Brookfield Real Assets Income Fund by 18.3% during the second quarter. Uhlmann Price Securities LLC now owns 17,931 shares of the company’s stock worth $240,000 after purchasing an additional 2,777 shares during the last quarter. Finally, Drive Wealth Management LLC grew its stake in Brookfield Real Assets Income Fund by 14.9% in the second quarter. Drive Wealth Management LLC now owns 146,193 shares of the company’s stock worth $1,955,000 after purchasing an additional 18,999 shares in the last quarter.

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.