Advisors Asset Management Inc. Grows Stock Holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Advisors Asset Management Inc. increased its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 65.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,214 shares of the company’s stock after purchasing an additional 30,683 shares during the quarter. Advisors Asset Management Inc.’s holdings in Brookfield Real Assets Income Fund were worth $1,058,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Pathstone Holdings LLC boosted its stake in shares of Brookfield Real Assets Income Fund by 55.4% in the 3rd quarter. Pathstone Holdings LLC now owns 847,327 shares of the company’s stock worth $11,612,000 after buying an additional 301,996 shares during the last quarter. Drive Wealth Management LLC purchased a new position in Brookfield Real Assets Income Fund in the third quarter worth about $1,145,000. Catalina Capital Group LLC bought a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at about $278,000. Arlington Capital Management Inc. increased its position in shares of Brookfield Real Assets Income Fund by 16.4% during the 3rd quarter. Arlington Capital Management Inc. now owns 63,500 shares of the company’s stock valued at $870,000 after purchasing an additional 8,969 shares during the last quarter. Finally, Hudson Valley Investment Advisors Inc. ADV bought a new position in shares of Brookfield Real Assets Income Fund in the 3rd quarter worth approximately $137,000.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE RA opened at $13.44 on Tuesday. Brookfield Real Assets Income Fund Inc. has a 12-month low of $12.16 and a 12-month high of $13.77. The firm has a 50 day moving average of $13.47 and a 200 day moving average of $13.11.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a $0.118 dividend. The ex-dividend date is Tuesday, November 12th. This represents a dividend yield of 10.44%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is -1,390.91%.

Insider Buying and Selling

In other news, Portfolio Manager Justin Charles Guichard bought 7,364 shares of Brookfield Real Assets Income Fund stock in a transaction that occurred on Tuesday, September 17th. The stock was bought at an average cost of $13.58 per share, with a total value of $100,003.12. Following the acquisition, the portfolio manager now owns 7,364 shares of the company’s stock, valued at $100,003.12. The trade was a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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.