Advisors Asset Management Inc. Grows Position in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Advisors Asset Management Inc. increased its position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 65.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,214 shares of the company’s stock after purchasing an additional 30,683 shares during the period. Advisors Asset Management Inc.’s holdings in Brookfield Real Assets Income Fund were worth $1,058,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Hudson Valley Investment Advisors Inc. ADV purchased a new stake in shares of Brookfield Real Assets Income Fund in the 3rd quarter worth about $137,000. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Brookfield Real Assets Income Fund by 104.3% during the second quarter. Blue Bell Private Wealth Management LLC now owns 11,428 shares of the company’s stock valued at $146,000 after purchasing an additional 5,835 shares during the last quarter. SeaCrest Wealth Management LLC boosted its position in shares of Brookfield Real Assets Income Fund by 9.6% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock worth $182,000 after purchasing an additional 1,169 shares in the last quarter. Atomi Financial Group Inc. grew its stake in shares of Brookfield Real Assets Income Fund by 26.0% in the 2nd quarter. Atomi Financial Group Inc. now owns 15,923 shares of the company’s stock worth $203,000 after buying an additional 3,285 shares during the last quarter. Finally, Second Line Capital LLC increased its position in Brookfield Real Assets Income Fund by 7.7% during the 1st quarter. Second Line Capital LLC now owns 16,800 shares of the company’s stock valued at $217,000 after buying an additional 1,202 shares in the last quarter.

Brookfield Real Assets Income Fund Price Performance

Brookfield Real Assets Income Fund stock opened at $13.44 on Tuesday. Brookfield Real Assets Income Fund Inc. has a 12 month low of $12.16 and a 12 month high of $13.77. The business’s fifty day simple moving average is $13.47 and its two-hundred day simple moving average is $13.11.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.118 per share. The ex-dividend date is Tuesday, November 12th. This represents a yield of 10.44%. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,390.91%.

Insiders Place Their Bets

In other Brookfield Real Assets Income Fund news, Portfolio Manager Justin Charles Guichard bought 7,364 shares of the business’s stock in a transaction on Tuesday, September 17th. The shares were acquired at an average cost of $13.58 per share, for a total transaction of $100,003.12. Following the purchase, the portfolio manager now owns 7,364 shares in the company, valued at approximately $100,003.12. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Brookfield Real Assets Income Fund Company Profile

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.