Brookfield Real Assets Income Fund Inc. $RA is Thomas J. Herzfeld Advisors Inc.’s 7th Largest Position

Thomas J. Herzfeld Advisors Inc. grew its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 8.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 720,534 shares of the company’s stock after acquiring an additional 53,866 shares during the period. Brookfield Real Assets Income Fund comprises about 3.4% of Thomas J. Herzfeld Advisors Inc.’s investment portfolio, making the stock its 7th biggest position. Thomas J. Herzfeld Advisors Inc.’s holdings in Brookfield Real Assets Income Fund were worth $9,634,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in RA. Ameritas Advisory Services LLC purchased a new stake in shares of Brookfield Real Assets Income Fund during the second quarter worth about $28,000. Elequin Capital LP bought a new position in Brookfield Real Assets Income Fund in the 1st quarter worth approximately $46,000. Allworth Financial LP purchased a new stake in Brookfield Real Assets Income Fund during the 2nd quarter valued at approximately $48,000. Geneos Wealth Management Inc. grew its holdings in Brookfield Real Assets Income Fund by 675.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,621 shares of the company’s stock valued at $100,000 after buying an additional 6,638 shares in the last quarter. Finally, Accredited Investor Services LLC raised its position in shares of Brookfield Real Assets Income Fund by 23.0% during the second quarter. Accredited Investor Services LLC now owns 13,447 shares of the company’s stock valued at $180,000 after buying an additional 2,518 shares during the last quarter.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE:RA opened at $13.22 on Friday. The firm has a fifty day moving average price of $13.19 and a 200 day moving average price of $13.21. Brookfield Real Assets Income Fund Inc. has a fifty-two week low of $11.87 and a fifty-two week high of $13.70.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 11th will be issued a dividend of $0.118 per share. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend is Thursday, December 11th. Brookfield Real Assets Income Fund’s dividend payout ratio is -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.