Brookfield Real Assets Income Fund Inc. (NYSE:RA) Stock Position Cut by Saba Capital Management L.P.

Saba Capital Management L.P. lessened its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 15.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 998,740 shares of the company’s stock after selling 178,043 shares during the quarter. Saba Capital Management L.P.’s holdings in Brookfield Real Assets Income Fund were worth $13,303,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of RA. Oppenheimer & Co. Inc. purchased a new stake in shares of Brookfield Real Assets Income Fund in the fourth quarter worth approximately $171,000. Encompass More Asset Management increased its holdings in Brookfield Real Assets Income Fund by 17.1% in the fourth quarter. Encompass More Asset Management now owns 14,134 shares of the company’s stock worth $188,000 after buying an additional 2,062 shares during the last quarter. SeaCrest Wealth Management LLC increased its holdings in Brookfield Real Assets Income Fund by 10.2% in the fourth quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock worth $195,000 after buying an additional 1,353 shares during the last quarter. Comerica Bank grew its holdings in Brookfield Real Assets Income Fund by 210.1% during the fourth quarter. Comerica Bank now owns 15,216 shares of the company’s stock valued at $203,000 after purchasing an additional 10,309 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new position in Brookfield Real Assets Income Fund during the fourth quarter valued at approximately $294,000.

Brookfield Real Assets Income Fund Trading Up 0.1%

Shares of RA stock opened at $12.96 on Friday. The business’s 50 day moving average is $12.90 and its two-hundred day moving average is $13.21. Brookfield Real Assets Income Fund Inc. has a 12 month low of $11.87 and a 12 month high of $13.77.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Friday, May 9th will be paid a $0.118 dividend. The ex-dividend date is Thursday, May 8th. This represents a dividend yield of 10.9%. Brookfield Real Assets Income Fund’s 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.