Prevail Innovative Wealth Advisors LLC Buys 5,628 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Prevail Innovative Wealth Advisors LLC lifted its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 11.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 55,415 shares of the company’s stock after purchasing an additional 5,628 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Brookfield Real Assets Income Fund were worth $707,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of RA. Cetera Investment Advisers purchased a new stake in Brookfield Real Assets Income Fund in the 1st quarter worth approximately $12,606,000. Significant Wealth Partners LLC raised its position in shares of Brookfield Real Assets Income Fund by 304.8% during the 1st quarter. Significant Wealth Partners LLC now owns 189,313 shares of the company’s stock valued at $2,446,000 after purchasing an additional 142,547 shares during the period. City of London Investment Management Co. Ltd. lifted its stake in shares of Brookfield Real Assets Income Fund by 31.3% during the 4th quarter. City of London Investment Management Co. Ltd. now owns 466,969 shares of the company’s stock valued at $5,982,000 after buying an additional 111,388 shares in the last quarter. TrueMark Investments LLC bought a new position in Brookfield Real Assets Income Fund in the 2nd quarter worth $1,047,000. Finally, Gridiron Partners LLC purchased a new stake in Brookfield Real Assets Income Fund in the 4th quarter worth $700,000.

Brookfield Real Assets Income Fund Price Performance

NYSE:RA opened at $13.46 on Friday. The business’s 50-day simple moving average is $13.04 and its two-hundred day simple moving average is $12.85. Brookfield Real Assets Income Fund Inc. has a 52 week low of $11.89 and a 52 week high of $13.48.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 24th. Shareholders of record on Tuesday, September 10th will be paid a $0.118 dividend. The ex-dividend date is Tuesday, September 10th. This represents a $1.42 annualized dividend and a yield of 10.52%. Brookfield Real Assets Income Fund’s payout ratio is -1,463.64%.

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.