Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Free Report) announced a monthly dividend on Friday, March 27th. Investors of record on Thursday, May 7th will be given a dividend of 0.118 per share on Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date of this dividend is Thursday, May 7th.
Brookfield Real Assets Income Fund Stock Up 0.0%
Shares of NYSE:RA traded up $0.01 during midday trading on Tuesday, reaching $12.93. The company’s stock had a trading volume of 53,773 shares, compared to its average volume of 191,628. The stock has a fifty day moving average of $12.99 and a 200 day moving average of $13.04. Brookfield Real Assets Income Fund has a twelve month low of $12.50 and a twelve month high of $13.59.
Institutional Trading of Brookfield Real Assets Income Fund
Institutional investors have recently modified their holdings of the stock. CoreCap Advisors LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 59.2% in the third quarter. CoreCap Advisors LLC now owns 2,576 shares of the company’s stock worth $34,000 after buying an additional 958 shares in the last quarter. Global Retirement Partners LLC lifted its stake 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 worth $51,000 after buying an additional 1,897 shares in the last quarter. Quadrant Capital Group LLC purchased a new position in shares of Brookfield Real Assets Income Fund in the fourth quarter worth about $51,000. Fifth Third Bancorp purchased a new position in shares of Brookfield Real Assets Income Fund in the first quarter worth about $81,000. Finally, US Bancorp DE purchased a new position in shares of Brookfield Real Assets Income Fund in the third quarter worth about $101,000.
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.
Further Reading
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