Pekin Hardy Strauss Inc. Has $733,000 Stock Position in Brookfield Real Assets Income Fund Inc. $RA

Pekin Hardy Strauss Inc. increased its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 47.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,814 shares of the company’s stock after buying an additional 17,710 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Brookfield Real Assets Income Fund were worth $733,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RA. Ameritas Advisory Services LLC bought a new stake 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 1st quarter valued at approximately $46,000. Geneos Wealth Management Inc. increased its stake in Brookfield Real Assets Income Fund by 675.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,621 shares of the company’s stock worth $100,000 after purchasing an additional 6,638 shares in the last quarter. Accredited Investor Services LLC acquired a new stake in Brookfield Real Assets Income Fund during the 1st quarter worth approximately $144,000. Finally, AlphaCore Capital LLC bought a new position in Brookfield Real Assets Income Fund in the first quarter valued at approximately $183,000.

Brookfield Real Assets Income Fund Trading Up 0.5%

Brookfield Real Assets Income Fund stock opened at $13.27 on Friday. The company has a 50 day moving average of $13.33 and a 200-day moving average of $13.18. Brookfield Real Assets Income Fund Inc. has a twelve month low of $11.87 and a twelve month high of $13.70.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 11th will be issued a dividend of $0.118 per share. 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 (DPR) is presently -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.