Brookfield Real Assets Income Fund Inc. $RA Position Increased by Penserra Capital Management LLC

Penserra Capital Management LLC increased its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 21.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 459,065 shares of the company’s stock after buying an additional 81,788 shares during the period. Penserra Capital Management LLC’s holdings in Brookfield Real Assets Income Fund were worth $6,133,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Gridiron Partners LLC grew its stake in Brookfield Real Assets Income Fund by 2,944.1% during the 3rd quarter. Gridiron Partners LLC now owns 960,489 shares of the company’s stock worth $128,000 after buying an additional 928,937 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. grew its position in shares of Brookfield Real Assets Income Fund by 8.1% during the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 720,534 shares of the company’s stock worth $9,634,000 after acquiring an additional 53,866 shares during the last quarter. Guggenheim Capital LLC increased its holdings in shares of Brookfield Real Assets Income Fund by 24.2% in the 2nd quarter. Guggenheim Capital LLC now owns 652,292 shares of the company’s stock worth $8,721,000 after acquiring an additional 127,229 shares during the period. Envestnet Asset Management Inc. lifted its position in Brookfield Real Assets Income Fund by 7.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 436,185 shares of the company’s stock valued at $5,832,000 after purchasing an additional 31,307 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. boosted its stake in Brookfield Real Assets Income Fund by 16.0% during the 2nd quarter. City of London Investment Management Co. Ltd. now owns 319,281 shares of the company’s stock valued at $4,269,000 after purchasing an additional 44,000 shares during the period.

Brookfield Real Assets Income Fund Stock Performance

NYSE RA opened at $13.10 on Friday. The company has a 50-day moving average price of $12.99 and a two-hundred day moving average price of $13.17. Brookfield Real Assets Income Fund Inc. has a 52 week low of $11.87 and a 52 week high of $13.59.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be given a dividend of $0.118 per share. This represents a c) dividend on an annualized basis and a yield of 10.8%. The ex-dividend date is Thursday, March 12th. Brookfield Real Assets Income Fund’s payout ratio is -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.