Pasadena Private Wealth LLC Lowers Holdings in Brookfield Real Assets Income Fund Inc. $RA

Pasadena Private Wealth LLC trimmed its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 6.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 34,650 shares of the company’s stock after selling 2,415 shares during the quarter. Pasadena Private Wealth LLC’s holdings in Brookfield Real Assets Income Fund were worth $463,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of RA. Ameritas Advisory Services LLC acquired a new position in shares of Brookfield Real Assets Income Fund in the second quarter worth about $28,000. Elequin Capital LP acquired a new position in shares of Brookfield Real Assets Income Fund in the first quarter worth about $46,000. Geneos Wealth Management Inc. raised its position in shares of Brookfield Real Assets Income Fund by 675.3% in the first quarter. Geneos Wealth Management Inc. now owns 7,621 shares of the company’s stock worth $100,000 after acquiring an additional 6,638 shares during the period. Accredited Investor Services LLC acquired a new position in shares of Brookfield Real Assets Income Fund in the first quarter worth about $144,000. Finally, AlphaCore Capital LLC acquired a new position in shares of Brookfield Real Assets Income Fund in the first quarter worth about $183,000.

Brookfield Real Assets Income Fund Trading Up 0.0%

Shares of Brookfield Real Assets Income Fund stock opened at $13.23 on Monday. The firm has a 50-day simple moving average of $13.37 and a two-hundred day simple moving average of $13.15. Brookfield Real Assets Income Fund Inc. has a fifty-two week low of $11.87 and a fifty-two week high of $13.70.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 11th will be given a $0.118 dividend. The ex-dividend date is Thursday, December 11th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. Brookfield Real Assets Income Fund’s dividend payout ratio is -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.