Wells Fargo & Company MN Purchases 926,510 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Wells Fargo & Company MN increased its position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 730.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,053,341 shares of the company’s stock after acquiring an additional 926,510 shares during the quarter. Wells Fargo & Company MN’s holdings in Brookfield Real Assets Income Fund were worth $14,031,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Strategic Financial Concepts LLC acquired a new stake in shares of Brookfield Real Assets Income Fund in the fourth quarter worth $479,000. Oppenheimer & Co. Inc. acquired a new stake in Brookfield Real Assets Income Fund in the 4th quarter worth $171,000. SeaCrest Wealth Management LLC increased its holdings in shares of Brookfield Real Assets Income Fund by 10.2% during the 4th quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock worth $195,000 after purchasing an additional 1,353 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 7.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 106,595 shares of the company’s stock valued at $1,420,000 after buying an additional 7,707 shares during the period. Finally, Noble Wealth Management PBC acquired a new stake in Brookfield Real Assets Income Fund during the fourth quarter worth about $1,858,000.

Brookfield Real Assets Income Fund Stock Up 0.6 %

Brookfield Real Assets Income Fund stock opened at $12.60 on Tuesday. Brookfield Real Assets Income Fund Inc. has a 12 month low of $11.87 and a 12 month high of $13.77. The business has a 50 day moving average price of $13.14 and a two-hundred day moving average price of $13.32.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 12th will be paid a dividend of $0.118 per share. The ex-dividend date is Thursday, June 12th. This represents a $1.42 dividend on an annualized basis and a yield of 11.24%. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,281.82%.

Brookfield Real Assets Income Fund 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.