Penserra Capital Management LLC Decreases Stock Holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Penserra Capital Management LLC lowered its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 65.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 338,090 shares of the company’s stock after selling 650,880 shares during the period. Penserra Capital Management LLC’s holdings in Brookfield Real Assets Income Fund were worth $4,631,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Advisors Asset Management Inc. boosted its stake in Brookfield Real Assets Income Fund by 65.9% in the third quarter. Advisors Asset Management Inc. now owns 77,214 shares of the company’s stock valued at $1,058,000 after acquiring an additional 30,683 shares during the last quarter. Pathstone Holdings LLC lifted its stake in Brookfield Real Assets Income Fund by 55.4% in the third quarter. Pathstone Holdings LLC now owns 847,327 shares of the company’s stock valued at $11,612,000 after purchasing an additional 301,996 shares during the last quarter. Drive Wealth Management LLC purchased a new position in Brookfield Real Assets Income Fund in the third quarter valued at approximately $1,145,000. Catalina Capital Group LLC bought a new position in Brookfield Real Assets Income Fund during the third quarter valued at $278,000. Finally, Arlington Capital Management Inc. increased its position in Brookfield Real Assets Income Fund by 16.4% in the third quarter. Arlington Capital Management Inc. now owns 63,500 shares of the company’s stock worth $870,000 after buying an additional 8,969 shares during the last quarter.

Brookfield Real Assets Income Fund Stock Up 1.0 %

Shares of NYSE RA opened at $13.42 on Monday. Brookfield Real Assets Income Fund Inc. has a one year low of $12.16 and a one year high of $13.77. The business’s fifty day moving average price is $13.47 and its 200-day moving average price is $13.10.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.118 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a yield of 10.44%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,390.91%.

Insider Transactions at Brookfield Real Assets Income Fund

In related news, Portfolio Manager Justin Charles Guichard bought 7,364 shares of the company’s stock in a transaction on Tuesday, September 17th. The shares were purchased at an average price of $13.58 per share, for a total transaction of $100,003.12. Following the completion of the transaction, the portfolio manager now directly owns 7,364 shares in the company, valued at approximately $100,003.12. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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.