Choreo LLC Buys 21,433 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Choreo LLC increased its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 65.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,226 shares of the company’s stock after acquiring an additional 21,433 shares during the period. Choreo LLC’s holdings in Brookfield Real Assets Income Fund were worth $691,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Register Financial Advisors LLC purchased a new stake in Brookfield Real Assets Income Fund in the 1st quarter valued at about $48,000. Nomura Holdings Inc. purchased a new stake in Brookfield Real Assets Income Fund in the 4th quarter valued at about $171,000. B. Riley Wealth Advisors Inc. increased its stake in Brookfield Real Assets Income Fund by 16.5% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 59,212 shares of the company’s stock valued at $759,000 after buying an additional 8,383 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of Brookfield Real Assets Income Fund by 20.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 72,656 shares of the company’s stock worth $931,000 after purchasing an additional 12,432 shares during the last quarter. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of Brookfield Real Assets Income Fund during the 1st quarter worth approximately $153,000.

Brookfield Real Assets Income Fund Stock Performance

Shares of RA stock opened at $13.51 on Friday. The company has a 50 day moving average of $13.05 and a 200-day moving average of $12.85. Brookfield Real Assets Income Fund Inc. has a 12-month low of $11.89 and a 12-month high of $13.53.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th will be paid a dividend of $0.118 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.42 annualized dividend and a dividend yield of 10.48%. Brookfield Real Assets Income Fund’s payout ratio is currently -1,463.64%.

Brookfield Real Assets Income Fund Company 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.