International Assets Investment Management LLC Invests $12.98 Million in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

International Assets Investment Management LLC purchased a new stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 101,327 shares of the company’s stock, valued at approximately $12,980,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Landscape Capital Management L.L.C. bought a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at $11,033,000. Saba Capital Management L.P. bought a new stake in Brookfield Real Assets Income Fund in the third quarter worth $9,481,000. City of London Investment Management Co. Ltd. bought a new position in shares of Brookfield Real Assets Income Fund during the third quarter valued at $4,356,000. AQR Arbitrage LLC purchased a new position in shares of Brookfield Real Assets Income Fund in the 3rd quarter worth about $4,209,000. Finally, Alpine Global Management LLC purchased a new stake in Brookfield Real Assets Income Fund during the 3rd quarter valued at about $1,871,000.

Brookfield Real Assets Income Fund Stock Up 0.4 %

Shares of Brookfield Real Assets Income Fund stock opened at $12.71 on Monday. The company has a 50-day simple moving average of $12.77 and a two-hundred day simple moving average of $12.73. Brookfield Real Assets Income Fund Inc. has a 52-week low of $11.89 and a 52-week high of $17.32.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently declared 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. This represents a $1.42 dividend on an annualized basis and a dividend yield of 11.14%. The ex-dividend date is Tuesday, June 11th. Brookfield Real Assets Income Fund’s payout ratio is currently -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.