Drive Wealth Management LLC Boosts Stock Holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Drive Wealth Management LLC raised its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 19.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 100,024 shares of the company’s stock after purchasing an additional 16,419 shares during the period. Drive Wealth Management LLC’s holdings in Brookfield Real Assets Income Fund were worth $1,332,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in RA. E&G Advisors LP grew its position in shares of Brookfield Real Assets Income Fund by 1.9% in the 3rd quarter. E&G Advisors LP now owns 50,508 shares of the company’s stock worth $692,000 after buying an additional 920 shares during the last quarter. SeaCrest Wealth Management LLC grew its position in shares of Brookfield Real Assets Income Fund by 9.6% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock worth $182,000 after buying an additional 1,169 shares during the last quarter. Atomi Financial Group Inc. grew its position in shares of Brookfield Real Assets Income Fund by 10.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 17,552 shares of the company’s stock worth $240,000 after buying an additional 1,629 shares during the last quarter. Encompass More Asset Management grew its position in shares of Brookfield Real Assets Income Fund by 17.1% in the 4th quarter. Encompass More Asset Management now owns 14,134 shares of the company’s stock worth $188,000 after buying an additional 2,062 shares during the last quarter. Finally, Sterneck Capital Management LLC grew its position in shares of Brookfield Real Assets Income Fund by 8.1% in the 4th quarter. Sterneck Capital Management LLC now owns 34,563 shares of the company’s stock worth $460,000 after buying an additional 2,600 shares during the last quarter.

Brookfield Real Assets Income Fund Stock Up 0.6 %

Shares of Brookfield Real Assets Income Fund stock opened at $13.49 on Monday. The firm’s 50 day moving average price is $13.38 and its 200-day moving average price is $13.31. 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 business also recently announced a monthly dividend, which was paid on Thursday, January 23rd. Shareholders of record on Friday, January 10th were given a dividend of $0.118 per share. This represents a $1.42 annualized dividend and a yield of 10.50%. The ex-dividend date of this dividend was Friday, January 10th. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,281.82%.

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.