Rareview Capital LLC Buys 17,970 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Rareview Capital LLC raised its stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 17.8% in the 4th quarter, Holdings Channel reports. The firm owned 118,768 shares of the company’s stock after acquiring an additional 17,970 shares during the period. Brookfield Real Assets Income Fund makes up 1.2% of Rareview Capital LLC’s investment portfolio, making the stock its 29th largest holding. Rareview Capital LLC’s holdings in Brookfield Real Assets Income Fund were worth $1,627,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in RA. Drive Wealth Management LLC purchased a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at about $1,145,000. Pathstone Holdings LLC raised its position in shares of Brookfield Real Assets Income Fund by 55.4% during the 3rd quarter. Pathstone Holdings LLC now owns 847,327 shares of the company’s stock valued at $11,612,000 after buying an additional 301,996 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of Brookfield Real Assets Income Fund by 65.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 77,214 shares of the company’s stock valued at $1,058,000 after buying an additional 30,683 shares in the last quarter. Pekin Hardy Strauss Inc. purchased a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at about $349,000. Finally, Horizon Kinetics Asset Management LLC raised its position in shares of Brookfield Real Assets Income Fund by 45.8% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 17,614 shares of the company’s stock valued at $241,000 after buying an additional 5,533 shares in the last quarter.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE RA opened at $13.10 on Friday. The firm’s 50-day moving average price is $13.35 and its 200-day moving average price is $13.41. Brookfield Real Assets Income Fund Inc. has a 12-month low of $12.17 and a 12-month high of $13.77.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 20th. Investors of record on Friday, February 7th were given a $0.118 dividend. This represents a yield of 10.52%. The ex-dividend date of this dividend was Thursday, February 6th. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) 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.