First Trust Advisors LP Has $1.15 Million Holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

First Trust Advisors LP lifted its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 24.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 86,594 shares of the company’s stock after acquiring an additional 16,775 shares during the period. First Trust Advisors LP’s holdings in Brookfield Real Assets Income Fund were worth $1,153,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. 1607 Capital Partners LLC boosted its holdings in Brookfield Real Assets Income Fund by 154.3% during the fourth quarter. 1607 Capital Partners LLC now owns 415,520 shares of the company’s stock worth $5,535,000 after buying an additional 252,120 shares during the last quarter. Guggenheim Capital LLC raised its position in shares of Brookfield Real Assets Income Fund by 102.6% in the 4th quarter. Guggenheim Capital LLC now owns 368,557 shares of the company’s stock valued at $4,909,000 after acquiring an additional 186,633 shares during the period. Raymond James Financial Inc. bought a new position in Brookfield Real Assets Income Fund during the 4th quarter worth approximately $3,550,000. Envestnet Asset Management Inc. grew its holdings in Brookfield Real Assets Income Fund by 13.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 357,143 shares of the company’s stock valued at $4,757,000 after purchasing an additional 43,107 shares during the period. Finally, Wells Fargo & Company MN increased its stake in Brookfield Real Assets Income Fund by 730.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,053,341 shares of the company’s stock valued at $14,031,000 after purchasing an additional 926,510 shares in the last quarter.

Brookfield Real Assets Income Fund Price Performance

Shares of NYSE RA opened at $12.95 on Thursday. Brookfield Real Assets Income Fund Inc. has a twelve month low of $11.87 and a twelve month high of $13.77. The company’s fifty day moving average is $12.95 and its 200-day moving average is $13.23.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Friday, May 9th will be issued a dividend of $0.118 per share. The ex-dividend date of this dividend is Thursday, May 8th. This represents a yield of 10.9%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -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.