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

Penserra Capital Management LLC cut its stake in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 65.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 338,090 shares of the company’s stock after selling 650,880 shares during the quarter. Penserra Capital Management LLC’s holdings in Brookfield Real Assets Income Fund were worth $4,631,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cetera Investment Advisers purchased a new position in shares of Brookfield Real Assets Income Fund in the first quarter valued at about $12,606,000. Pathstone Holdings LLC increased its holdings in Brookfield Real Assets Income Fund by 55.4% during the 3rd 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 period. Envestnet Asset Management Inc. increased its holdings in Brookfield Real Assets Income Fund by 450.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 253,718 shares of the company’s stock valued at $3,237,000 after purchasing an additional 207,655 shares during the period. Logan Stone Capital LLC bought a new position in Brookfield Real Assets Income Fund during the 2nd quarter valued at approximately $2,043,000. Finally, International Assets Investment Management LLC purchased a new stake in Brookfield Real Assets Income Fund in the 3rd quarter worth approximately $14,850,000.

Insider Buying and Selling at Brookfield Real Assets Income Fund

In related news, Portfolio Manager Justin Charles Guichard acquired 7,364 shares of the stock in a transaction on Tuesday, September 17th. The stock was acquired at an average cost of $13.58 per share, for a total transaction of $100,003.12. Following the completion of the acquisition, the portfolio manager now directly owns 7,364 shares of the company’s stock, valued at approximately $100,003.12. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Brookfield Real Assets Income Fund Trading Up 1.0 %

Shares of RA stock opened at $13.42 on Monday. 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 $13.47 and its 200-day moving average price is $13.10.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be issued a $0.118 dividend. This represents a yield of 10.44%. The ex-dividend date is Tuesday, November 12th. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is currently -1,390.91%.

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.