Strategic Financial Concepts LLC Purchases Shares of 35,964 Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Strategic Financial Concepts LLC acquired a new position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 35,964 shares of the company’s stock, valued at approximately $479,000.

A number of other large investors have also recently made changes to their positions in the stock. E&G Advisors LP raised its stake in Brookfield Real Assets Income Fund by 1.9% during the 3rd quarter. E&G Advisors LP now owns 50,508 shares of the company’s stock worth $692,000 after acquiring an additional 920 shares during the period. SeaCrest Wealth Management LLC increased its stake in shares of Brookfield Real Assets Income Fund by 9.6% in the third quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock worth $182,000 after purchasing an additional 1,169 shares in the last quarter. Encompass More Asset Management raised its position in shares of Brookfield Real Assets Income Fund by 17.1% during the 4th quarter. Encompass More Asset Management now owns 14,134 shares of the company’s stock valued at $188,000 after purchasing an additional 2,062 shares during the period. Sterneck Capital Management LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 8.1% during the 4th quarter. Sterneck Capital Management LLC now owns 34,563 shares of the company’s stock valued at $460,000 after buying an additional 2,600 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 3.4% during the 3rd quarter. HighTower Advisors LLC now owns 84,395 shares of the company’s stock valued at $1,152,000 after buying an additional 2,758 shares in the last quarter.

Brookfield Real Assets Income Fund Trading Down 0.4 %

Shares of RA stock opened at $13.36 on Thursday. The stock has a fifty day simple moving average of $13.37 and a two-hundred day simple moving average of $13.37. Brookfield Real Assets Income Fund Inc. has a 52-week low of $12.16 and a 52-week high of $13.77.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 20th. Investors of record on Friday, February 7th will be given a dividend of $0.118 per share. This represents a dividend yield of 10.52%. The ex-dividend date is Thursday, February 6th. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -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.