Brookfield Real Assets Income Fund Inc. (NYSE:RA) Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC lessened its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,767 shares of the company’s stock after selling 998 shares during the period. Riverbridge Partners LLC’s holdings in Brookfield Real Assets Income Fund were worth $1,449,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RA. SeaCrest Wealth Management LLC raised its holdings in Brookfield Real Assets Income Fund by 10.2% during the fourth quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock worth $195,000 after purchasing an additional 1,353 shares during the last quarter. Sterneck Capital Management LLC raised its stake in shares of Brookfield Real Assets Income Fund by 8.1% during the 4th quarter. Sterneck Capital Management LLC now owns 34,563 shares of the company’s stock worth $460,000 after buying an additional 2,600 shares during the last quarter. HighTower Advisors LLC grew its stake in Brookfield Real Assets Income Fund by 3.4% in the 3rd quarter. HighTower Advisors LLC now owns 84,395 shares of the company’s stock valued at $1,152,000 after acquiring an additional 2,758 shares during the last quarter. Encompass More Asset Management purchased a new position in Brookfield Real Assets Income Fund during the 3rd quarter valued at about $165,000. Finally, Horizon Kinetics Asset Management LLC increased its holdings in Brookfield Real Assets Income Fund by 45.8% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 17,614 shares of the company’s stock valued at $241,000 after acquiring an additional 5,533 shares in the last quarter.

Brookfield Real Assets Income Fund Stock Up 0.0 %

Shares of NYSE RA opened at $13.44 on Thursday. The firm’s 50-day moving average is $13.36 and its two-hundred day moving average is $13.30. Brookfield Real Assets Income Fund Inc. has a 12-month low of $12.16 and a 12-month high of $13.77.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, January 23rd. Investors of record on Friday, January 10th will be paid a $0.118 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 10.54%. The ex-dividend date is Friday, January 10th. Brookfield Real Assets Income Fund’s payout ratio is currently -1,281.82%.

Brookfield Real Assets Income Fund 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.