Brookfield Real Assets Income Fund Inc. (NYSE:RA) Stake Lessened by Shaker Financial Services LLC

Shaker Financial Services LLC trimmed its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 56.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,263 shares of the company’s stock after selling 35,927 shares during the period. Shaker Financial Services LLC’s holdings in Brookfield Real Assets Income Fund were worth $363,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Sterneck Capital Management LLC boosted 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 valued at $460,000 after buying an additional 2,600 shares during the period. SeaCrest Wealth Management LLC boosted its position 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 valued at $195,000 after purchasing an additional 1,353 shares during the last quarter. Encompass More Asset Management increased its position in Brookfield Real Assets Income Fund by 17.1% in the 4th quarter. Encompass More Asset Management now owns 14,134 shares of the company’s stock worth $188,000 after purchasing an additional 2,062 shares during the last quarter. Drive Wealth Management LLC raised its stake in shares of Brookfield Real Assets Income Fund by 19.6% during the 4th quarter. Drive Wealth Management LLC now owns 100,024 shares of the company’s stock worth $1,332,000 after purchasing an additional 16,419 shares in the last quarter. Finally, Choreo LLC raised its stake in shares of Brookfield Real Assets Income Fund by 47.4% during the 4th quarter. Choreo LLC now owns 99,707 shares of the company’s stock worth $1,328,000 after purchasing an additional 32,050 shares in the last quarter.

Brookfield Real Assets Income Fund Price Performance

Shares of NYSE RA opened at $12.46 on Tuesday. The business has a 50 day simple moving average of $13.07 and a 200 day simple moving average of $13.28. Brookfield Real Assets Income Fund Inc. has a 52 week low of $11.87 and a 52 week high of $13.77.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 12th will be given a $0.118 dividend. This represents a $1.42 annualized dividend and a yield of 11.36%. The ex-dividend date of this dividend is Thursday, June 12th. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,281.82%.

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.