Oppenheimer & Co. Inc. Takes Position in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Oppenheimer & Co. Inc. bought a new position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 12,810 shares of the company’s stock, valued at approximately $171,000.

Other institutional investors have also added to or reduced their stakes in the company. Encompass More Asset Management bought a new position in Brookfield Real Assets Income Fund during the third quarter valued at approximately $165,000. SeaCrest Wealth Management LLC boosted its stake in shares of Brookfield Real Assets Income Fund by 10.2% in the 4th quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock valued at $195,000 after purchasing an additional 1,353 shares in the last quarter. Horizon Kinetics Asset Management LLC grew its holdings in shares of Brookfield Real Assets Income Fund by 45.8% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 17,614 shares of the company’s stock valued at $241,000 after purchasing an additional 5,533 shares during the last quarter. Pekin Hardy Strauss Inc. purchased a new position in Brookfield Real Assets Income Fund in the 3rd quarter worth $349,000. Finally, Sterneck Capital Management LLC lifted its stake in Brookfield Real Assets Income Fund by 8.1% in the fourth quarter. Sterneck Capital Management LLC now owns 34,563 shares of the company’s stock worth $460,000 after purchasing an additional 2,600 shares during the last quarter.

Brookfield Real Assets Income Fund Stock Performance

NYSE RA opened at $13.31 on Monday. The company has a 50-day simple moving average of $13.37 and a two-hundred day simple moving average of $13.41. Brookfield Real Assets Income Fund Inc. has a 12-month low of $12.17 and a 12-month high of $13.77.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, February 20th. Investors of record on Friday, February 7th were issued a dividend of $0.118 per share. This represents a yield of 10.52%. The ex-dividend date of this dividend was Thursday, February 6th. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -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.