Arlington Capital Management Inc. Invests $749,000 in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Arlington Capital Management Inc. acquired a new stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 58,473 shares of the company’s stock, valued at approximately $749,000.

A number of other large investors have also bought and sold shares of the company. Landscape Capital Management L.L.C. bought a new stake in Brookfield Real Assets Income Fund during the 3rd quarter valued at $11,033,000. Saba Capital Management L.P. bought a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at $9,481,000. City of London Investment Management Co. Ltd. bought a new position in Brookfield Real Assets Income Fund in the 3rd quarter worth about $4,356,000. AQR Arbitrage LLC purchased a new position in Brookfield Real Assets Income Fund during the 3rd quarter valued at about $4,209,000. Finally, Alpine Global Management LLC bought a new stake in shares of Brookfield Real Assets Income Fund during the third quarter valued at about $1,871,000.

Brookfield Real Assets Income Fund Price Performance

Shares of RA stock traded up $0.03 during trading hours on Thursday, reaching $12.66. The stock had a trading volume of 33,556 shares, compared to its average volume of 256,750. The stock’s fifty day simple moving average is $12.76 and its 200 day simple moving average is $12.74. Brookfield Real Assets Income Fund Inc. has a 12 month low of $11.89 and a 12 month high of $17.29.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 25th. Shareholders of record on Tuesday, June 11th will be issued a $0.118 dividend. This represents a $1.42 annualized dividend and a yield of 11.18%. The ex-dividend date of this dividend is Tuesday, June 11th. Brookfield Real Assets Income Fund’s payout ratio is -1,754.55%.

About Brookfield Real Assets Income Fund

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.