SVB Wealth LLC Purchases Shares of 10,000 Brookfield Real Assets Income Fund Inc. (NYSE:RA)

SVB Wealth LLC purchased a new stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 10,000 shares of the company’s stock, valued at approximately $128,000.

Other hedge funds also recently made changes to their positions in the company. CWM LLC grew its stake in shares of 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 acquiring an additional 883 shares during the period. CTC Alternative Strategies Ltd. bought a new position in shares of Brookfield Real Assets Income Fund during the 4th quarter valued at approximately $139,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at approximately $164,000. Mutual Advisors LLC bought a new position in shares of Brookfield Real Assets Income Fund during the 4th quarter valued at approximately $176,000. Finally, Kestra Private Wealth Services LLC bought a new position in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at approximately $180,000.

Brookfield Real Assets Income Fund Trading Up 0.5 %

Shares of NYSE:RA opened at $12.68 on Wednesday. The stock has a 50 day moving average of $12.82 and a 200 day moving average of $12.71. 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 firm also recently declared a monthly dividend, which will be paid on Tuesday, June 25th. Shareholders of record on Tuesday, June 11th will be paid a $0.118 dividend. The ex-dividend date is Tuesday, June 11th. This represents a $1.42 annualized dividend and a yield of 11.17%. Brookfield Real Assets Income Fund’s 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.