Wolverine Asset Management LLC Purchases Shares of 43,398 Brookfield Real Assets Income Fund Inc. $RA

Wolverine Asset Management LLC purchased a new stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 43,398 shares of the company’s stock, valued at approximately $562,000.

Other large investors have also added to or reduced their stakes in the company. CoreCap Advisors LLC raised 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 valued at $34,000 after purchasing an additional 958 shares in the last quarter. Global Retirement Partners LLC increased its holdings 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 during the period. US Bancorp DE purchased a new position in shares of Brookfield Real Assets Income Fund in the third quarter worth about $101,000. Merit Financial Group LLC purchased a new position in shares of Brookfield Real Assets Income Fund in the third quarter worth about $140,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Brookfield Real Assets Income Fund by 43.3% in the second quarter. Geneos Wealth Management Inc. now owns 10,920 shares of the company’s stock worth $146,000 after buying an additional 3,299 shares during the period.

Brookfield Real Assets Income Fund Trading Up 0.1%

RA opened at $12.96 on Thursday. The business’s 50-day moving average price is $12.97 and its 200-day moving average price is $13.04. Brookfield Real Assets Income Fund Inc. has a 12 month low of $12.50 and a 12 month high of $13.59.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be issued a $0.118 dividend. The ex-dividend date is Thursday, June 11th. This represents a c) annualized dividend and a dividend yield of 10.9%. Brookfield Real Assets Income Fund’s payout ratio is currently -1,390.91%.

Brookfield Real Assets Income Fund Company 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.