Brookfield Real Assets Income Fund Inc. (NYSE:RA) Short Interest Update

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 56,549 shares, a drop of 36.8% from the July 30th total of 89,421 shares. Based on an average daily trading volume, of 144,278 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Brookfield Real Assets Income Fund

Several hedge funds have recently made changes to their positions in RA. Closed End Fund Advisors Inc. purchased a new stake in shares of Brookfield Real Assets Income Fund in the fourth quarter worth about $1,463,000. Sit Investment Associates Inc. bought a new position in Brookfield Real Assets Income Fund in the 4th quarter valued at $28,709,000. Rareview Capital LLC boosted its holdings in Brookfield Real Assets Income Fund by 21.1% in the 1st quarter. Rareview Capital LLC now owns 253,193 shares of the company’s stock valued at $3,385,000 after purchasing an additional 44,116 shares during the period. Wolverine Asset Management LLC purchased a new position in shares of Brookfield Real Assets Income Fund during the 4th quarter valued at $562,000. Finally, Ameriprise Financial Inc. grew its position in shares of Brookfield Real Assets Income Fund by 10.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 40,882 shares of the company’s stock valued at $547,000 after purchasing an additional 3,720 shares in the last quarter.

Brookfield Real Assets Income Fund Price Performance

RA traded down $0.03 on Tuesday, hitting $12.52. 154,256 shares of the company’s stock were exchanged, compared to its average volume of 174,355. The stock has a fifty day moving average of $12.79 and a two-hundred day moving average of $12.88. Brookfield Real Assets Income Fund has a twelve month low of $12.50 and a twelve month high of $13.59.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.118 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 11.3%. Brookfield Real Assets Income Fund’s dividend payout ratio is -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.