PFG Investments LLC Purchases Shares of 42,356 Brookfield Real Assets Income Fund Inc. (NYSE:RA)

PFG Investments LLC purchased a new stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 42,356 shares of the company’s stock, valued at approximately $547,000.

A number of other hedge funds also recently made changes to their positions in RA. CWM LLC raised its stake in Brookfield Real Assets Income Fund by 74.6% during the third quarter. CWM LLC now owns 2,066 shares of the company’s stock worth $25,000 after buying an additional 883 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in shares of Brookfield Real Assets Income Fund by 6.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 22,411 shares of the company’s stock worth $275,000 after acquiring an additional 1,270 shares in the last quarter. Advisor Partners II LLC acquired a new position in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at about $364,000. Kestra Private Wealth Services LLC acquired a new position in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at about $180,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at about $11,033,000.

Brookfield Real Assets Income Fund Stock Up 0.3 %

NYSE RA traded up $0.04 on Monday, hitting $12.55. 152,387 shares of the company were exchanged, compared to its average volume of 266,484. The stock has a fifty day moving average of $12.80 and a 200-day moving average of $12.72. Brookfield Real Assets Income Fund Inc. has a 12 month low of $11.89 and a 12 month high of $17.32.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Tuesday, June 11th will be issued a dividend of $0.118 per share. The ex-dividend date is Tuesday, June 11th. This represents a $1.42 annualized dividend and a dividend yield of 11.28%. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,754.55%.

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.