Brookfield Real Assets Income Fund Inc. $RA Shares Acquired by Rareview Capital LLC

Rareview Capital LLC boosted its position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 21.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 253,193 shares of the company’s stock after purchasing an additional 44,116 shares during the quarter. Brookfield Real Assets Income Fund comprises 2.0% of Rareview Capital LLC’s holdings, making the stock its 15th biggest position. Rareview Capital LLC’s holdings in Brookfield Real Assets Income Fund were worth $3,385,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Riverbridge Partners LLC raised its holdings in shares of Brookfield Real Assets Income Fund by 8.4% during the first quarter. Riverbridge Partners LLC now owns 239,842 shares of the company’s stock valued at $3,084,000 after buying an additional 18,535 shares during the last quarter. Sterneck Capital Management LLC boosted its position in shares of Brookfield Real Assets Income Fund by 7.7% during the first quarter. Sterneck Capital Management LLC now owns 32,181 shares of the company’s stock worth $414,000 after buying an additional 2,295 shares during the period. Sit Investment Associates Inc. bought a new position in Brookfield Real Assets Income Fund in the 4th quarter worth approximately $28,709,000. NewEdge Advisors LLC increased its position in Brookfield Real Assets Income Fund by 47.5% in the 4th quarter. NewEdge Advisors LLC now owns 19,171 shares of the company’s stock valued at $248,000 after acquiring an additional 6,170 shares during the period. Finally, Guggenheim Capital LLC increased its position in Brookfield Real Assets Income Fund by 15.4% in the 4th quarter. Guggenheim Capital LLC now owns 876,989 shares of the company’s stock valued at $11,366,000 after acquiring an additional 116,875 shares during the period.

Insider Transactions at Brookfield Real Assets Income Fund

In related news, Director Heather S. Goldman sold 2,750 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $12.72, for a total value of $34,980.00. Following the completion of the transaction, the director owned 22 shares in the company, valued at $279.84. This represents a 99.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Brookfield Real Assets Income Fund Stock Down 0.0%

Shares of Brookfield Real Assets Income Fund stock opened at $12.90 on Friday. Brookfield Real Assets Income Fund Inc. has a 1-year low of $12.50 and a 1-year high of $13.59. The business’s fifty day moving average price is $12.77 and its two-hundred day moving average price is $12.93.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be issued a $0.118 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a c) annualized dividend and a yield of 11.0%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,390.91%.

Brookfield Real Assets Income Fund Profile

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.