Wolverine Asset Management LLC Grows Stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Wolverine Asset Management LLC increased its position in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 5.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 74,518 shares of the company’s stock after buying an additional 3,995 shares during the quarter. Wolverine Asset Management LLC’s holdings in Brookfield Real Assets Income Fund were worth $955,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC increased its stake in Brookfield Real Assets Income Fund by 74.6% in the 3rd quarter. CWM LLC now owns 2,066 shares of the company’s stock valued at $25,000 after purchasing an additional 883 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Brookfield Real Assets Income Fund by 6.0% during the third quarter. Stratos Wealth Partners LTD. now owns 22,411 shares of the company’s stock worth $275,000 after purchasing an additional 1,270 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Brookfield Real Assets Income Fund by 4.8% in the third quarter. Stifel Financial Corp now owns 156,822 shares of the company’s stock worth $1,921,000 after acquiring an additional 7,233 shares in the last quarter. SVB Wealth LLC acquired a new position in shares of Brookfield Real Assets Income Fund in the fourth quarter worth about $128,000. Finally, CTC Alternative Strategies Ltd. acquired a new position in shares of Brookfield Real Assets Income Fund in the fourth quarter worth about $139,000.

Brookfield Real Assets Income Fund Price Performance

Shares of Brookfield Real Assets Income Fund stock opened at $12.48 on Friday. Brookfield Real Assets Income Fund Inc. has a fifty-two week low of $11.89 and a fifty-two week high of $17.32. The business has a 50-day moving average price of $12.81 and a 200 day moving average price of $12.71.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Tuesday, June 11th will be given a dividend of $0.118 per share. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $1.42 annualized dividend and a dividend yield of 11.35%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -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.