Oppenheimer & Co. Inc. Sells 1,988 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Oppenheimer & Co. Inc. reduced its position in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 15.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 10,822 shares of the company’s stock after selling 1,988 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Brookfield Real Assets Income Fund were worth $142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Advisor Resource Council bought a new stake in shares of Brookfield Real Assets Income Fund during the 1st quarter worth $841,000. Riverbridge Partners LLC raised its stake in Brookfield Real Assets Income Fund by 10.3% during the 1st quarter. Riverbridge Partners LLC now owns 119,968 shares of the company’s stock valued at $1,579,000 after purchasing an additional 11,201 shares during the last quarter. Noble Wealth Management PBC raised its stake in Brookfield Real Assets Income Fund by 7.6% during the 1st quarter. Noble Wealth Management PBC now owns 150,069 shares of the company’s stock valued at $1,975,000 after purchasing an additional 10,585 shares during the last quarter. Sterneck Capital Management LLC raised its stake in Brookfield Real Assets Income Fund by 52.2% during the 1st quarter. Sterneck Capital Management LLC now owns 52,604 shares of the company’s stock valued at $692,000 after purchasing an additional 18,041 shares during the last quarter. Finally, Ameriflex Group Inc. acquired a new position in Brookfield Real Assets Income Fund during the 4th quarter valued at $135,000.

Brookfield Real Assets Income Fund Trading Down 0.2%

NYSE:RA opened at $13.49 on Friday. Brookfield Real Assets Income Fund Inc. has a one year low of $11.87 and a one year high of $13.77. The company has a fifty day moving average price of $12.98 and a 200 day moving average price of $13.11.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Thursday, July 24th. Investors of record on Friday, July 11th will be paid a dividend of $0.118 per share. This represents a yield of 10.49%. The ex-dividend date is Thursday, July 10th. Brookfield Real Assets Income Fund’s payout ratio is currently -1,281.82%.

About Brookfield Real Assets Income Fund

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.