Envestnet Asset Management Inc. Buys 31,307 Shares of Brookfield Real Assets Income Fund Inc. $RA

Envestnet Asset Management Inc. raised its position in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 7.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 436,185 shares of the company’s stock after acquiring an additional 31,307 shares during the period. Envestnet Asset Management Inc.’s holdings in Brookfield Real Assets Income Fund were worth $5,832,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameritas Advisory Services LLC bought a new position in shares of Brookfield Real Assets Income Fund during the second quarter worth approximately $28,000. Elequin Capital LP bought a new position in Brookfield Real Assets Income Fund during the 1st quarter worth $46,000. Geneos Wealth Management Inc. increased its position in Brookfield Real Assets Income Fund by 675.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,621 shares of the company’s stock worth $100,000 after buying an additional 6,638 shares during the period. Accredited Investor Services LLC lifted its holdings in shares of Brookfield Real Assets Income Fund by 23.0% during the second quarter. Accredited Investor Services LLC now owns 13,447 shares of the company’s stock worth $180,000 after buying an additional 2,518 shares in the last quarter. Finally, AlphaCore Capital LLC bought a new stake in shares of Brookfield Real Assets Income Fund in the first quarter valued at about $183,000.

Brookfield Real Assets Income Fund Stock Performance

RA stock opened at $13.25 on Thursday. Brookfield Real Assets Income Fund Inc. has a 52 week low of $11.87 and a 52 week high of $13.70. The company’s 50-day simple moving average is $13.32 and its 200 day simple moving average is $13.20.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 11th will be issued a dividend of $0.118 per share. The ex-dividend date of this dividend is Thursday, December 11th. This represents a c) annualized dividend and a dividend yield of 10.7%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is currently -1,281.82%.

About Brookfield Real Assets Income Fund

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.