Brookfield Real Assets Income Fund Inc. (NYSE:RA) Short Interest Down 42.6% in June

Brookfield Real Assets Income Fund Inc. (NYSE:RA) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 53,379 shares, a decrease of 42.6% from the May 31st total of 92,991 shares. Based on an average trading volume of 131,105 shares, the days-to-cover ratio is presently 0.4 days.

Insiders Place Their Bets

In other Brookfield Real Assets Income Fund news, Director Heather S. Goldman sold 2,750 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $12.72, for a total value of $34,980.00. Following the sale, the director owned 22 shares of the company’s stock, valued at $279.84. This trade represents a 99.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of RA. Sit Investment Associates Inc. bought a new position in shares of Brookfield Real Assets Income Fund during the 4th quarter valued at approximately $28,709,000. Morgan Stanley grew its holdings in shares of Brookfield Real Assets Income Fund by 2.8% in the fourth quarter. Morgan Stanley now owns 4,411,299 shares of the company’s stock valued at $57,170,000 after purchasing an additional 118,651 shares in the last quarter. Guggenheim Capital LLC increased its holdings in shares of Brookfield Real Assets Income Fund by 15.4% in the 4th quarter. Guggenheim Capital LLC now owns 876,989 shares of the company’s stock worth $11,366,000 after buying an additional 116,875 shares during the last quarter. Closed End Fund Advisors Inc. bought a new stake in Brookfield Real Assets Income Fund during the fourth quarter worth approximately $1,463,000. Finally, Shaker Financial Services LLC raised its holdings in Brookfield Real Assets Income Fund by 260.6% during the 4th quarter. Shaker Financial Services LLC now owns 153,005 shares of the company’s stock valued at $1,983,000 after buying an additional 110,570 shares during the period.

Brookfield Real Assets Income Fund Trading Down 0.0%

RA stock opened at $12.90 on Friday. The business’s 50 day moving average price is $12.77 and its two-hundred day moving average price is $12.93. Brookfield Real Assets Income Fund has a fifty-two week low of $12.50 and a fifty-two week high of $13.59.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a $0.118 dividend. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date of this dividend is Thursday, September 10th. Brookfield Real Assets Income Fund’s payout ratio is currently -1,390.91%.

About Brookfield Real Assets Income Fund

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.