Pasadena Private Wealth LLC Takes Position in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Pasadena Private Wealth LLC bought a new stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) during the 1st quarter, HoldingsChannel.com reports. The firm bought 37,065 shares of the company’s stock, valued at approximately $488,000.

Several other hedge funds and other institutional investors have also made changes to their positions in RA. Ameriflex Group Inc. acquired a new stake in shares of Brookfield Real Assets Income Fund in the fourth quarter valued at approximately $135,000. Accredited Investor Services LLC acquired a new stake in shares of Brookfield Real Assets Income Fund in the first quarter valued at approximately $144,000. Comerica Bank increased its holdings in shares of Brookfield Real Assets Income Fund by 210.1% in the fourth quarter. Comerica Bank now owns 15,216 shares of the company’s stock valued at $203,000 after purchasing an additional 10,309 shares during the last quarter. Mallini Complete Financial Planning LLC increased its holdings in shares of Brookfield Real Assets Income Fund by 8.8% in the first quarter. Mallini Complete Financial Planning LLC now owns 16,798 shares of the company’s stock valued at $221,000 after purchasing an additional 1,359 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of Brookfield Real Assets Income Fund in the fourth quarter valued at approximately $294,000.

Brookfield Real Assets Income Fund Stock Up 0.6%

NYSE:RA opened at $13.27 on Thursday. Brookfield Real Assets Income Fund Inc. has a one year low of $11.87 and a one year high of $13.77. The stock has a 50 day moving average price of $13.12 and a 200 day moving average price of $13.11.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, July 24th. Investors of record on Friday, July 11th were issued a $0.118 dividend. The ex-dividend date was Thursday, July 10th. This represents a dividend yield of 10.49%. 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.