Gridiron Partners LLC Sells 928,937 Shares of Brookfield Real Assets Income Fund Inc. $RA

Gridiron Partners LLC lowered its position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 96.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 31,552 shares of the company’s stock after selling 928,937 shares during the quarter. Gridiron Partners LLC’s holdings in Brookfield Real Assets Income Fund were worth $409,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CoreCap Advisors LLC boosted its position in Brookfield Real Assets Income Fund by 59.2% during the third quarter. CoreCap Advisors LLC now owns 2,576 shares of the company’s stock worth $34,000 after purchasing an additional 958 shares during the period. Allworth Financial LP bought a new stake in shares of Brookfield Real Assets Income Fund in the second quarter valued at approximately $48,000. Global Retirement Partners LLC raised its position in shares of Brookfield Real Assets Income Fund by 97.1% in the third quarter. Global Retirement Partners LLC now owns 3,850 shares of the company’s stock valued at $51,000 after purchasing an additional 1,897 shares during the period. US Bancorp DE purchased a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at approximately $101,000. Finally, Merit Financial Group LLC purchased a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at approximately $140,000.

Brookfield Real Assets Income Fund Trading Down 1.4%

Brookfield Real Assets Income Fund stock opened at $12.58 on Friday. Brookfield Real Assets Income Fund Inc. has a 1-year low of $11.87 and a 1-year high of $13.59. The firm has a 50 day simple moving average of $13.12 and a 200 day simple moving average of $13.15.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a $0.118 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date of this dividend is Thursday, March 12th. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is presently -1,281.82%.

About Brookfield Real Assets Income Fund

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.