Closed End Fund Advisors Inc. Buys New Shares in Brookfield Real Assets Income Fund Inc. $RA

Closed End Fund Advisors Inc. bought a new stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 112,905 shares of the company’s stock, valued at approximately $1,463,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Penserra Capital Management LLC increased its position in Brookfield Real Assets Income Fund by 21.7% in the 3rd quarter. Penserra Capital Management LLC now owns 459,065 shares of the company’s stock worth $6,133,000 after buying an additional 81,788 shares during the period. Riverbridge Partners LLC increased its position in Brookfield Real Assets Income Fund by 72.9% in the 4th quarter. Riverbridge Partners LLC now owns 221,307 shares of the company’s stock worth $2,868,000 after buying an additional 93,313 shares during the period. Stratos Wealth Partners LTD. increased its position in Brookfield Real Assets Income Fund by 203.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 66,227 shares of the company’s stock worth $858,000 after buying an additional 44,404 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Brookfield Real Assets Income Fund by 14.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 498,401 shares of the company’s stock worth $6,659,000 after purchasing an additional 62,216 shares in the last quarter. Finally, Shaker Financial Services LLC grew its holdings in shares of Brookfield Real Assets Income Fund by 260.6% during the 4th quarter. Shaker Financial Services LLC now owns 153,005 shares of the company’s stock worth $1,983,000 after purchasing an additional 110,570 shares in the last quarter.

Insider Buying and Selling at Brookfield Real Assets Income Fund

In other news, Director Heather S. Goldman sold 2,750 shares of Brookfield Real Assets Income Fund stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $12.72, for a total transaction of $34,980.00. Following the sale, the director owned 22 shares of the company’s stock, valued at approximately $279.84. This trade represents a 99.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Brookfield Real Assets Income Fund Price Performance

Shares of NYSE:RA opened at $12.68 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 50 day moving average is $12.84 and its 200-day moving average is $12.98.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.118 per share. This represents a c) annualized dividend and a dividend yield of 11.2%. The ex-dividend date of this dividend is Thursday, June 11th. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is presently -1,390.91%.

Brookfield Real Assets Income Fund Company 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.