Brookfield Real Assets Income Fund Inc. (NYSE:RA) Director Sells $24,886.80 in Stock

Brookfield Real Assets Income Fund Inc. (NYSE:RA) Director Stuart A. Mcfarland sold 1,860 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $13.38, for a total transaction of $24,886.80. Following the sale, the director now directly owns 17,443 shares of the company’s stock, valued at approximately $233,387.34. This trade represents a 9.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Brookfield Real Assets Income Fund Stock Down 0.4 %

RA opened at $13.33 on Tuesday. The company has a fifty day moving average price of $13.43 and a two-hundred day moving average price of $13.19. Brookfield Real Assets Income Fund Inc. has a 52 week low of $12.16 and a 52 week high of $13.77.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a dividend of $0.118 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a dividend yield of 10.44%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is presently -1,281.82%.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Several hedge funds have recently added to or reduced their stakes in RA. Hudson Valley Investment Advisors Inc. ADV acquired a new position in shares of Brookfield Real Assets Income Fund during the 3rd quarter worth about $137,000. Blue Bell Private Wealth Management LLC grew its holdings in Brookfield Real Assets Income Fund by 104.3% during the second quarter. Blue Bell Private Wealth Management LLC now owns 11,428 shares of the company’s stock valued at $146,000 after purchasing an additional 5,835 shares during the period. Encompass More Asset Management bought a new stake in Brookfield Real Assets Income Fund in the third quarter valued at approximately $165,000. SeaCrest Wealth Management LLC raised its holdings in Brookfield Real Assets Income Fund by 9.6% in the third quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock worth $182,000 after purchasing an additional 1,169 shares during the period. Finally, Atomi Financial Group Inc. boosted its position in shares of Brookfield Real Assets Income Fund by 26.0% during the second quarter. Atomi Financial Group Inc. now owns 15,923 shares of the company’s stock worth $203,000 after purchasing an additional 3,285 shares in the last quarter.

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.