Cambridge Investment Research Advisors Inc. Has $1.62 Million Stock Position in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Cambridge Investment Research Advisors Inc. increased its stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Rating) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,978 shares of the company’s stock after buying an additional 2,429 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Brookfield Real Assets Income Fund were worth $1,615,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC bought a new stake in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at about $68,000. Jane Street Group LLC bought a new stake in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at about $199,000. Envestnet Asset Management Inc. increased its stake in Brookfield Real Assets Income Fund by 39.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 14,145 shares of the company’s stock worth $228,000 after purchasing an additional 4,030 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in Brookfield Real Assets Income Fund during the 3rd quarter worth approximately $235,000. Finally, Atria Wealth Solutions Inc. increased its stake in Brookfield Real Assets Income Fund by 12.2% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 12,852 shares of the company’s stock worth $237,000 after purchasing an additional 1,400 shares in the last quarter.

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Brookfield Real Assets Income Fund Price Performance

NYSE RA opened at $16.32 on Thursday. The business has a 50 day simple moving average of $16.86 and a 200 day simple moving average of $17.22. Brookfield Real Assets Income Fund Inc. has a 52-week low of $16.05 and a 52-week high of $20.47.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 27th. Investors of record on Wednesday, June 14th will be paid a dividend of $0.199 per share. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $2.39 dividend on an annualized basis and a yield of 14.63%. Brookfield Real Assets Income Fund’s payout ratio is -2,345.45%.

Brookfield Real Assets Income Fund Company Profile

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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.

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