Brookfield Real Assets Income Fund Inc. $RA Shares Sold by 1607 Capital Partners LLC

1607 Capital Partners LLC lessened its stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 12.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 403,070 shares of the company’s stock after selling 59,100 shares during the period. 1607 Capital Partners LLC’s holdings in Brookfield Real Assets Income Fund were worth $5,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Quadrant Capital Group LLC acquired a new position in shares of Brookfield Real Assets Income Fund during the 4th quarter worth about $51,000. US Bancorp DE acquired a new position in shares of Brookfield Real Assets Income Fund during the 3rd quarter worth about $101,000. Merit Financial Group LLC acquired a new stake in Brookfield Real Assets Income Fund in the 3rd quarter valued at about $140,000. Geneos Wealth Management Inc. raised its holdings in Brookfield Real Assets Income Fund by 43.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 10,920 shares of the company’s stock valued at $146,000 after acquiring an additional 3,299 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in Brookfield Real Assets Income Fund in the 4th quarter valued at about $146,000.

Brookfield Real Assets Income Fund Trading Down 0.1%

RA stock opened at $12.58 on Thursday. Brookfield Real Assets Income Fund Inc. has a 12 month low of $12.50 and a 12 month high of $13.59. The firm has a 50-day moving average of $12.82 and a two-hundred day moving average of $12.96.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a $0.118 dividend. The ex-dividend date is Thursday, June 11th. This represents a c) dividend on an annualized basis and a yield of 11.3%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,281.82%.

Insider Buying and Selling

In other Brookfield Real Assets Income Fund news, Director Heather S. Goldman sold 2,750 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $12.72, for a total value of $34,980.00. Following the completion of the sale, the director owned 22 shares in the company, valued at approximately $279.84. This represents a 99.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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.