PFG Investments LLC Purchases New Position in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

PFG Investments LLC bought a new stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 42,356 shares of the company’s stock, valued at approximately $547,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. CWM LLC lifted its holdings in shares of Brookfield Real Assets Income Fund by 74.6% during the third quarter. CWM LLC now owns 2,066 shares of the company’s stock valued at $25,000 after purchasing an additional 883 shares in the last quarter. Stratos Wealth Partners LTD. raised its position in Brookfield Real Assets Income Fund by 6.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 22,411 shares of the company’s stock worth $275,000 after buying an additional 1,270 shares during the last quarter. Advisor Partners II LLC bought a new position in Brookfield Real Assets Income Fund during the 3rd quarter valued at about $364,000. Kestra Private Wealth Services LLC bought a new position in Brookfield Real Assets Income Fund during the 3rd quarter valued at about $180,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at about $11,033,000.

Brookfield Real Assets Income Fund Stock Performance

Shares of RA stock traded up $0.04 during trading hours on Monday, reaching $12.55. The company had a trading volume of 152,387 shares, compared to its average volume of 266,484. The business has a fifty day moving average price of $12.80 and a 200-day moving average price of $12.72. Brookfield Real Assets Income Fund Inc. has a one year low of $11.89 and a one year high of $17.32.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 25th. Shareholders of record on Tuesday, June 11th will be given a $0.118 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 11.28%. The ex-dividend date is Tuesday, June 11th. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is presently -1,754.55%.

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.