SCHEDULE 13G/A: Morgan Stanley Reduces Stake in Brookfield Real Assets Income Fund Below 5%
Beneficial Ownership Report
Morgan Stanley and its subsidiary, Morgan Stanley Smith Barney LLC, have reported a reduction in their beneficial ownership of Brookfield Real Assets Income Fund Inc. common stock to 4.4%, falling below the 5% threshold.
Summary
- Morgan Stanley and its wholly-owned subsidiary, Morgan Stanley Smith Barney LLC, have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Brookfield Real Assets Income Fund Inc.
- The filing indicates that both Morgan Stanley and Morgan Stanley Smith Barney LLC have ceased to be beneficial owners of more than five percent of the common stock of Brookfield Real Assets Income Fund Inc.
- As of December 31, 2024, Morgan Stanley beneficially owned an aggregate of 2,455,074 shares, representing 4.4% of the class.
- Morgan Stanley Smith Barney LLC beneficially owned an aggregate of 2,454,654 shares, also representing 4.4% of the class.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a neutral, factual regulatory filing reporting a change in beneficial ownership. It does not contain positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
This filing reflects a routine adjustment in institutional ownership reporting. When an entity's beneficial ownership in a public company crosses certain thresholds (e.g., falling below 5%), they are required to file a Schedule 13G. This is a common occurrence in the financial industry as investment firms adjust their portfolios.
Stakeholder Impact
- Shareholders: May note a slight decrease in institutional ownership, which could be interpreted as a minor shift in investor sentiment, though it's a routine portfolio adjustment.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the event which required the filing of this statement, indicating when beneficial ownership fell below 5%. |
| 01/10/2025 | Date the Schedule 13G Amendment No. 1 was signed and filed by Morgan Stanley and Morgan Stanley Smith Barney LLC. |
| 02/05/2025 | Date of the Joint Filing Agreement between Morgan Stanley and Morgan Stanley Smith Barney LLC. |
Keywords
Morgan Stanley, Brookfield Real Assets Income Fund, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Ownership, SEC Filing, Investment Management
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