Calamos Advisors LLC Trims Holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Calamos Advisors LLC trimmed its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 27.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 20,522 shares of the company’s stock after selling 7,929 shares during the period. Calamos Advisors LLC’s holdings in Brookfield Real Assets Income Fund were worth $273,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in RA. Pathstone Holdings LLC raised its stake in shares of Brookfield Real Assets Income Fund by 55.4% in the 3rd quarter. Pathstone Holdings LLC now owns 847,327 shares of the company’s stock valued at $11,612,000 after acquiring an additional 301,996 shares during the period. International Assets Investment Management LLC acquired a new stake in Brookfield Real Assets Income Fund during the 3rd quarter worth approximately $14,850,000. Drive Wealth Management LLC acquired a new stake in Brookfield Real Assets Income Fund during the 3rd quarter worth approximately $1,145,000. Advisors Asset Management Inc. lifted its holdings in Brookfield Real Assets Income Fund by 65.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 77,214 shares of the company’s stock worth $1,058,000 after buying an additional 30,683 shares in the last quarter. Finally, Grimes & Company Inc. acquired a new stake in Brookfield Real Assets Income Fund during the 3rd quarter worth approximately $385,000.

Brookfield Real Assets Income Fund Trading Up 0.5 %

Brookfield Real Assets Income Fund stock opened at $13.52 on Thursday. Brookfield Real Assets Income Fund Inc. has a 52-week low of $12.16 and a 52-week high of $13.77. The company’s 50 day moving average is $13.39 and its two-hundred day moving average is $13.35.

Brookfield Real Assets Income Fund Announces Dividend

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