Steward Partners Investment Advisory LLC Raises Stock Position in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Steward Partners Investment Advisory LLC raised its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RAFree Report) by 20.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,656 shares of the company’s stock after buying an additional 12,432 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Brookfield Real Assets Income Fund were worth $931,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Saba Capital Management L.P. purchased a new stake in shares of Brookfield Real Assets Income Fund during the third quarter worth $9,481,000. City of London Investment Management Co. Ltd. grew its holdings in shares of Brookfield Real Assets Income Fund by 31.3% during the fourth quarter. City of London Investment Management Co. Ltd. now owns 466,969 shares of the company’s stock worth $5,982,000 after buying an additional 111,388 shares in the last quarter. AQR Arbitrage LLC purchased a new stake in shares of Brookfield Real Assets Income Fund during the third quarter worth $4,209,000. Stifel Financial Corp grew its holdings in shares of Brookfield Real Assets Income Fund by 4.8% during the third quarter. Stifel Financial Corp now owns 156,822 shares of the company’s stock worth $1,921,000 after buying an additional 7,233 shares in the last quarter. Finally, Alpine Global Management LLC acquired a new position in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at about $1,871,000.

Brookfield Real Assets Income Fund Price Performance

Shares of RA stock opened at $12.67 on Wednesday. The company’s 50-day moving average price is $12.68 and its 200-day moving average price is $12.80. Brookfield Real Assets Income Fund Inc. has a twelve month low of $11.89 and a twelve month high of $17.29.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Tuesday, June 11th will be given a dividend of $0.118 per share. The ex-dividend date is Tuesday, June 11th. This represents a $1.42 annualized dividend and a dividend yield of 11.18%. Brookfield Real Assets Income Fund’s payout ratio is -1,681.82%.

About Brookfield Real Assets Income Fund

(Free Report)

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.

Further Reading

Institutional Ownership by Quarter for Brookfield Real Assets Income Fund (NYSE:RA)

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