Brookfield Real Assets Income Fund Inc. $RA Shares Acquired by Rareview Capital LLC

Rareview Capital LLC increased its position in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 21.1% during the first quarter, Holdings Channel.com reports. The fund owned 253,193 shares of the company’s stock after acquiring an additional 44,116 shares during the quarter. Brookfield Real Assets Income Fund accounts for approximately 2.0% of Rareview Capital LLC’s investment portfolio, making the stock its 15th largest position. Rareview Capital LLC’s holdings in Brookfield Real Assets Income Fund were worth $3,385,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Quadrant Capital Group LLC acquired a new stake in Brookfield Real Assets Income Fund in the 4th quarter valued at about $51,000. US Bancorp DE acquired a new position in shares of Brookfield Real Assets Income Fund in the 3rd quarter worth approximately $101,000. Merit Financial Group LLC bought a new stake in shares of Brookfield Real Assets Income Fund in the 3rd quarter worth approximately $140,000. Geneos Wealth Management Inc. raised its holdings in shares of Brookfield Real Assets Income Fund by 43.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 10,920 shares of the company’s stock worth $146,000 after purchasing an additional 3,299 shares in the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in Brookfield Real Assets Income Fund during the fourth quarter valued at approximately $146,000.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE:RA opened at $12.90 on Friday. Brookfield Real Assets Income Fund Inc. has a 1-year low of $12.50 and a 1-year high of $13.59. The company has a 50 day moving average price of $12.77 and a 200 day moving average price of $12.93.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.118 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date is Thursday, September 10th. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,390.91%.

Insider Activity at Brookfield Real Assets Income Fund

In other news, Director Heather S. Goldman sold 2,750 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $12.72, for a total transaction of $34,980.00. Following the completion of the sale, the director directly owned 22 shares of the company’s stock, valued at $279.84. This trade represents a 99.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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.