2,215,228 Shares in Brookfield Real Assets Income Fund Inc. $RA Bought by Sit Investment Associates Inc.

Sit Investment Associates Inc. purchased a new position in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,215,228 shares of the company’s stock, valued at approximately $28,709,000.

Other institutional investors have also bought and sold shares of the company. Quadrant Capital Group LLC bought a new stake in Brookfield Real Assets Income Fund during the fourth quarter worth $51,000. US Bancorp DE bought a new stake in Brookfield Real Assets Income Fund during the third quarter worth $101,000. Merit Financial Group LLC bought a new stake in Brookfield Real Assets Income Fund during the third quarter worth $140,000. Oppenheimer & Co. Inc. bought a new stake in Brookfield Real Assets Income Fund during the fourth quarter worth $146,000. Finally, Geneos Wealth Management Inc. grew its holdings in Brookfield Real Assets Income Fund by 43.3% during the second quarter. Geneos Wealth Management Inc. now owns 10,920 shares of the company’s stock worth $146,000 after buying an additional 3,299 shares in the last quarter.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE:RA opened at $12.60 on Friday. The business has a fifty day moving average price of $12.84 and a two-hundred day moving average price of $12.97. Brookfield Real Assets Income Fund Inc. has a 1 year low of $12.50 and a 1 year high of $13.59.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be paid a $0.118 dividend. This represents a c) dividend on an annualized basis and a yield of 11.2%. The ex-dividend date is Thursday, June 11th. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,390.91%.

Insider Transactions at Brookfield Real Assets Income Fund

In other Brookfield Real Assets Income Fund news, Director Heather S. Goldman sold 2,750 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $12.72, for a total value of $34,980.00. Following the completion of the transaction, the director owned 22 shares in the company, valued at $279.84. This represents a 99.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.