Insider Selling: Brookfield Real Assets Income Fund (NYSE:RA) Director Sells $34,980.00 in Stock

Brookfield Real Assets Income Fund Inc. (NYSE:RA) Director Heather Goldman sold 2,750 shares of Brookfield Real Assets Income Fund stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $12.72, for a total value of $34,980.00. Following the completion of the sale, the director directly owned 22 shares in the company, valued at $279.84. This represents a 99.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Brookfield Real Assets Income Fund Price Performance

RA opened at $12.63 on Friday. The business’s 50-day moving average price is $12.87 and its two-hundred day moving average price is $13.02. Brookfield Real Assets Income Fund Inc. has a 1 year low of $12.50 and a 1 year high of $13.59.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be paid a $0.118 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a c) annualized dividend and a dividend yield of 11.2%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is currently -1,390.91%.

Institutional Trading of Brookfield Real Assets Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Riverbridge Partners LLC raised its stake in shares of Brookfield Real Assets Income Fund by 72.9% in the 4th quarter. Riverbridge Partners LLC now owns 221,307 shares of the company’s stock valued at $2,868,000 after purchasing an additional 93,313 shares during the period. Penserra Capital Management LLC raised its stake in shares of Brookfield Real Assets Income Fund by 21.7% in the 3rd quarter. Penserra Capital Management LLC now owns 459,065 shares of the company’s stock valued at $6,133,000 after purchasing an additional 81,788 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of Brookfield Real Assets Income Fund by 203.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 66,227 shares of the company’s stock valued at $858,000 after acquiring an additional 44,404 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Brookfield Real Assets Income Fund by 14.3% in the third quarter. Envestnet Asset Management Inc. now owns 498,401 shares of the company’s stock valued at $6,659,000 after acquiring an additional 62,216 shares during the last quarter. Finally, Shaker Financial Services LLC increased its position in shares of Brookfield Real Assets Income Fund by 260.6% in the fourth quarter. Shaker Financial Services LLC now owns 153,005 shares of the company’s stock valued at $1,983,000 after acquiring an additional 110,570 shares during the last quarter.

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.