Short Interest in Brookfield Real Assets Income Fund Inc. (NYSE:RA) Declines By 17.4%

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 91,600 shares, a decline of 17.4% from the February 28th total of 110,900 shares. Based on an average daily volume of 205,600 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ameriflex Group Inc. acquired a new position in shares of Brookfield Real Assets Income Fund in the 4th quarter worth approximately $135,000. Oppenheimer & Co. Inc. purchased a new position in shares of Brookfield Real Assets Income Fund in the fourth quarter worth approximately $171,000. Encompass More Asset Management raised its holdings in shares of Brookfield Real Assets Income Fund by 17.1% during the fourth quarter. Encompass More Asset Management now owns 14,134 shares of the company’s stock valued at $188,000 after acquiring an additional 2,062 shares during the period. SeaCrest Wealth Management LLC lifted its holdings in shares of Brookfield Real Assets Income Fund by 10.2% in the fourth quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock valued at $195,000 after purchasing an additional 1,353 shares in the last quarter. Finally, Comerica Bank boosted its position in Brookfield Real Assets Income Fund by 210.1% during the 4th quarter. Comerica Bank now owns 15,216 shares of the company’s stock worth $203,000 after acquiring an additional 10,309 shares during the period.

Brookfield Real Assets Income Fund Trading Down 0.8 %

RA traded down $0.10 on Thursday, reaching $13.09. The company’s stock had a trading volume of 125,378 shares, compared to its average volume of 197,161. Brookfield Real Assets Income Fund has a 1 year low of $12.16 and a 1 year high of $13.77. The business’s 50 day moving average is $13.31 and its 200 day moving average is $13.39.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, June 12th will be issued a $0.118 dividend. This represents a $1.42 annualized dividend and a dividend yield of 10.82%. The ex-dividend date is Thursday, June 12th. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is -1,281.82%.

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.