Guggenheim Capital LLC Purchases 186,633 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Guggenheim Capital LLC grew its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 102.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 368,557 shares of the company’s stock after buying an additional 186,633 shares during the period. Guggenheim Capital LLC’s holdings in Brookfield Real Assets Income Fund were worth $4,909,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC bought a new position in Brookfield Real Assets Income Fund in the 4th quarter valued at $479,000. Oppenheimer & Co. Inc. purchased a new position in Brookfield Real Assets Income Fund in the 4th quarter worth about $171,000. SeaCrest Wealth Management LLC lifted its holdings in Brookfield Real Assets Income Fund by 10.2% during the 4th quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock valued at $195,000 after buying an additional 1,353 shares in the last quarter. Wells Fargo & Company MN boosted its position in Brookfield Real Assets Income Fund by 730.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,053,341 shares of the company’s stock valued at $14,031,000 after buying an additional 926,510 shares during the period. Finally, Private Advisor Group LLC grew its stake in Brookfield Real Assets Income Fund by 14.9% in the 4th quarter. Private Advisor Group LLC now owns 74,549 shares of the company’s stock worth $993,000 after acquiring an additional 9,676 shares in the last quarter.

Brookfield Real Assets Income Fund Stock Up 0.5 %

Shares of NYSE:RA opened at $12.68 on Friday. The firm’s 50 day simple moving average is $13.09 and its 200-day simple moving average is $13.30. Brookfield Real Assets Income Fund Inc. has a one year low of $11.87 and a one year high of $13.77.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.118 per share. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $1.42 annualized dividend and a yield of 11.17%. Brookfield Real Assets Income Fund’s payout ratio is currently -1,281.82%.

Brookfield Real Assets Income Fund Company 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.