Brookfield Real Assets Income Fund Inc. (NYSE:RA) Shares Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC increased its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 5.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 74,518 shares of the company’s stock after purchasing an additional 3,995 shares during the quarter. Wolverine Asset Management LLC’s holdings in Brookfield Real Assets Income Fund were worth $955,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. CWM LLC grew its stake in Brookfield Real Assets Income Fund by 74.6% during the 3rd quarter. CWM LLC now owns 2,066 shares of the company’s stock valued at $25,000 after purchasing an additional 883 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in Brookfield Real Assets Income Fund by 6.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 22,411 shares of the company’s stock valued at $275,000 after purchasing an additional 1,270 shares in the last quarter. Stifel Financial Corp grew its stake in Brookfield Real Assets Income Fund by 4.8% during the 3rd quarter. Stifel Financial Corp now owns 156,822 shares of the company’s stock valued at $1,921,000 after purchasing an additional 7,233 shares in the last quarter. SVB Wealth LLC acquired a new stake in Brookfield Real Assets Income Fund during the 4th quarter valued at approximately $128,000. Finally, CTC Alternative Strategies Ltd. acquired a new stake in Brookfield Real Assets Income Fund during the 4th quarter valued at approximately $139,000.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE RA opened at $12.48 on Friday. The business has a 50 day moving average price of $12.81 and a two-hundred day moving average price of $12.71. Brookfield Real Assets Income Fund Inc. has a fifty-two week low of $11.89 and a fifty-two week high of $17.32.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Tuesday, June 11th will be given a $0.118 dividend. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $1.42 annualized dividend and a dividend yield of 11.35%. Brookfield Real Assets Income Fund’s payout ratio is -1,754.55%.

Brookfield Real Assets Income Fund Company 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.