HighTower Advisors LLC Reduces Holdings in Brookfield Real Assets Income Fund Inc. $RA

HighTower Advisors LLC reduced its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 21.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,237 shares of the company’s stock after selling 16,264 shares during the period. HighTower Advisors LLC’s holdings in Brookfield Real Assets Income Fund were worth $793,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Pathstone Holdings LLC grew its position in shares of Brookfield Real Assets Income Fund by 5.1% during the 4th quarter. Pathstone Holdings LLC now owns 890,139 shares of the company’s stock valued at $11,872,000 after acquiring an additional 42,812 shares during the period. Envestnet Asset Management Inc. grew its holdings in Brookfield Real Assets Income Fund by 13.4% during the first quarter. Envestnet Asset Management Inc. now owns 404,878 shares of the company’s stock valued at $5,328,000 after purchasing an additional 47,735 shares during the period. Penserra Capital Management LLC increased its position in Brookfield Real Assets Income Fund by 1.0% in the first quarter. Penserra Capital Management LLC now owns 366,141 shares of the company’s stock worth $4,818,000 after buying an additional 3,628 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Brookfield Real Assets Income Fund by 4.6% in the fourth quarter. Bank of America Corp DE now owns 349,502 shares of the company’s stock worth $4,655,000 after buying an additional 15,360 shares during the period. Finally, Rareview Capital LLC raised its stake in shares of Brookfield Real Assets Income Fund by 32.1% in the first quarter. Rareview Capital LLC now owns 156,884 shares of the company’s stock worth $2,065,000 after buying an additional 38,116 shares during the period.

Brookfield Real Assets Income Fund Stock Up 0.3%

RA stock opened at $13.51 on Friday. The business’s 50-day moving average price is $13.27 and its 200-day moving average price is $13.09. Brookfield Real Assets Income Fund Inc. has a twelve month low of $11.87 and a twelve month high of $13.77.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, August 21st. Shareholders of record on Thursday, August 7th were given a $0.118 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date was Thursday, August 7th. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,281.82%.

Brookfield Real Assets Income Fund Profile

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.