Brookfield Real Assets Income Fund Inc. $RA is Thomas J. Herzfeld Advisors Inc.’s 7th Largest Position

Thomas J. Herzfeld Advisors Inc. boosted its position in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 8.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 720,534 shares of the company’s stock after purchasing an additional 53,866 shares during the quarter. Brookfield Real Assets Income Fund comprises about 3.4% of Thomas J. Herzfeld Advisors Inc.’s holdings, making the stock its 7th biggest holding. Thomas J. Herzfeld Advisors Inc.’s holdings in Brookfield Real Assets Income Fund were worth $9,634,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. First Trust Advisors LP raised its stake in shares of Brookfield Real Assets Income Fund by 3.6% in the second quarter. First Trust Advisors LP now owns 119,644 shares of the company’s stock worth $1,600,000 after purchasing an additional 4,164 shares during the last quarter. Guggenheim Capital LLC raised its position in Brookfield Real Assets Income Fund by 24.2% in the 2nd quarter. Guggenheim Capital LLC now owns 652,292 shares of the company’s stock worth $8,721,000 after buying an additional 127,229 shares during the last quarter. Fisher Asset Management LLC bought a new position in Brookfield Real Assets Income Fund during the 2nd quarter valued at about $239,000. Advisors Asset Management Inc. boosted its holdings in shares of Brookfield Real Assets Income Fund by 10.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 128,878 shares of the company’s stock valued at $1,723,000 after acquiring an additional 12,100 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of Brookfield Real Assets Income Fund by 2.6% in the second quarter. Steward Partners Investment Advisory LLC now owns 113,920 shares of the company’s stock worth $1,523,000 after acquiring an additional 2,850 shares during the period.

Brookfield Real Assets Income Fund Stock Performance

Shares of Brookfield Real Assets Income Fund stock opened at $13.22 on Friday. The company’s 50 day moving average is $13.19 and its 200 day moving average is $13.21. 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 announced a monthly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 11th will be paid 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 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.