Capital Investment Advisors LLC Sells 1,366 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Capital Investment Advisors LLC reduced its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 11.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,088 shares of the company’s stock after selling 1,366 shares during the quarter. Capital Investment Advisors LLC’s holdings in Brookfield Real Assets Income Fund were worth $133,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RA. Strategic Financial Concepts LLC bought a new position in Brookfield Real Assets Income Fund during the 4th quarter worth approximately $479,000. Atria Wealth Solutions Inc. raised its stake in Brookfield Real Assets Income Fund by 4.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 113,208 shares of the company’s stock worth $1,508,000 after buying an additional 4,551 shares during the last quarter. Private Advisor Group LLC lifted its holdings in Brookfield Real Assets Income Fund by 14.9% in the fourth quarter. Private Advisor Group LLC now owns 74,549 shares of the company’s stock valued at $993,000 after buying an additional 9,676 shares during the period. Oppenheimer & Co. Inc. acquired a new position in Brookfield Real Assets Income Fund in the fourth quarter valued at $171,000. Finally, Noble Wealth Management PBC bought a new stake in Brookfield Real Assets Income Fund during the fourth quarter valued at $1,858,000.

Brookfield Real Assets Income Fund Trading Down 0.0%

Shares of Brookfield Real Assets Income Fund stock opened at $12.97 on Thursday. The business has a 50-day moving average price of $12.83 and a two-hundred day moving average price of $13.16. Brookfield Real Assets Income Fund Inc. has a 1-year low of $11.87 and a 1-year high of $13.77.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, May 22nd. Investors of record on Friday, May 9th were paid a dividend of $0.118 per share. The ex-dividend date was Thursday, May 8th. This represents a yield of 10.9%. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,281.82%.

Brookfield Real Assets Income Fund 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.