Shaker Financial Services LLC Purchases 110,570 Shares of Brookfield Real Assets Income Fund Inc. $RA

Shaker Financial Services LLC raised its position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 260.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 153,005 shares of the company’s stock after buying an additional 110,570 shares during the period. Shaker Financial Services LLC’s holdings in Brookfield Real Assets Income Fund were worth $1,983,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of RA. Gridiron Partners LLC boosted its position in Brookfield Real Assets Income Fund by 2,944.1% in the 3rd quarter. Gridiron Partners LLC now owns 960,489 shares of the company’s stock valued at $128,000 after buying an additional 928,937 shares during the last quarter. Riverbridge Partners LLC boosted its position in Brookfield Real Assets Income Fund by 72.9% in the 4th quarter. Riverbridge Partners LLC now owns 221,307 shares of the company’s stock valued at $2,868,000 after buying an additional 93,313 shares during the last quarter. Penserra Capital Management LLC boosted its position in Brookfield Real Assets Income Fund by 21.7% in the 3rd quarter. Penserra Capital Management LLC now owns 459,065 shares of the company’s stock valued at $6,133,000 after buying an additional 81,788 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Brookfield Real Assets Income Fund by 14.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 498,401 shares of the company’s stock valued at $6,659,000 after buying an additional 62,216 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its position in Brookfield Real Assets Income Fund by 203.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 66,227 shares of the company’s stock valued at $858,000 after buying an additional 44,404 shares during the last quarter.

Brookfield Real Assets Income Fund Trading Down 0.1%

Shares of RA opened at $13.06 on Friday. The business’s fifty day moving average price is $13.07 and its two-hundred day moving average price is $13.08. Brookfield Real Assets Income Fund Inc. has a 52 week low of $12.46 and a 52 week high of $13.59.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be paid a $0.118 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,390.91%.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.