E&G Advisors LP Sells 800 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

E&G Advisors LP lowered its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,708 shares of the company’s stock after selling 800 shares during the quarter. E&G Advisors LP’s holdings in Brookfield Real Assets Income Fund were worth $662,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in RA. Atomi Financial Group Inc. grew its position in Brookfield Real Assets Income Fund by 10.2% during the third quarter. Atomi Financial Group Inc. now owns 17,552 shares of the company’s stock valued at $240,000 after acquiring an additional 1,629 shares during the last quarter. SeaCrest Wealth Management LLC raised its holdings in Brookfield Real Assets Income Fund by 9.6% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock valued at $182,000 after buying an additional 1,169 shares during the last quarter. Private Advisor Group LLC grew its holdings in Brookfield Real Assets Income Fund by 9.9% in the 3rd quarter. Private Advisor Group LLC now owns 64,873 shares of the company’s stock worth $889,000 after acquiring an additional 5,840 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Brookfield Real Assets Income Fund during the third quarter valued at about $14,850,000. Finally, Grimes & Company Inc. bought a new stake in shares of Brookfield Real Assets Income Fund in the third quarter worth about $385,000.

Brookfield Real Assets Income Fund Trading Down 0.7 %

Shares of RA stock opened at $13.37 on Tuesday. Brookfield Real Assets Income Fund Inc. has a fifty-two week low of $12.16 and a fifty-two week high of $13.77. The business’s 50 day moving average price is $13.39 and its 200-day moving average price is $13.34.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 20th. Investors of record on Friday, February 7th will be issued a $0.118 dividend. The ex-dividend date is Thursday, February 6th. This represents a yield of 10.52%. Brookfield Real Assets Income Fund’s payout ratio is currently -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.