Shaker Financial Services LLC Has $1.98 Million Stock Position in Brookfield Real Assets Income Fund Inc. $RA

Shaker Financial Services LLC increased its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 260.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 153,005 shares of the company’s stock after buying an additional 110,570 shares during the quarter. Shaker Financial Services LLC’s holdings in Brookfield Real Assets Income Fund were worth $1,983,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Gridiron Partners LLC raised its stake in Brookfield Real Assets Income Fund by 2,944.1% during the 3rd quarter. Gridiron Partners LLC now owns 960,489 shares of the company’s stock worth $128,000 after buying an additional 928,937 shares during the period. Envestnet Asset Management Inc. increased its holdings in Brookfield Real Assets Income Fund by 14.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 498,401 shares of the company’s stock worth $6,659,000 after purchasing an additional 62,216 shares in the last quarter. Penserra Capital Management LLC increased its holdings in Brookfield Real Assets Income Fund by 21.7% during the 3rd quarter. Penserra Capital Management LLC now owns 459,065 shares of the company’s stock worth $6,133,000 after purchasing an additional 81,788 shares in the last quarter. Riverbridge Partners LLC increased its holdings in Brookfield Real Assets Income Fund by 72.9% during the 4th quarter. Riverbridge Partners LLC now owns 221,307 shares of the company’s stock worth $2,868,000 after purchasing an additional 93,313 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in Brookfield Real Assets Income Fund by 32.6% during the 3rd quarter. First Trust Advisors LP now owns 158,680 shares of the company’s stock worth $2,120,000 after purchasing an additional 39,036 shares in the last quarter.

Brookfield Real Assets Income Fund Trading Down 0.1%

RA stock opened at $13.06 on Friday. The stock has a 50-day moving average price of $13.07 and a two-hundred day moving average price of $13.08. Brookfield Real Assets Income Fund Inc. has a 1 year low of $12.46 and a 1 year high of $13.59.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a dividend of $0.118 per share. This represents a c) dividend on an annualized basis and a yield of 10.8%. The ex-dividend date is Thursday, June 11th. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,390.91%.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.