Short Interest in Brookfield Real Assets Income Fund Inc. (NYSE:RA) Increases By 56.3%

Brookfield Real Assets Income Fund Inc. (NYSE:RA) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 58,600 shares, an increase of 56.3% from the August 31st total of 37,500 shares. Based on an average daily volume of 177,200 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 177,200 shares, the days-to-cover ratio is presently 0.3 days.

Brookfield Real Assets Income Fund Stock Down 0.4%

NYSE RA opened at $13.44 on Tuesday. Brookfield Real Assets Income Fund has a 1 year low of $11.87 and a 1 year high of $13.70. The company has a fifty day simple moving average of $13.35 and a 200 day simple moving average of $13.12.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 11th will be issued a dividend of $0.118 per share. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date is Thursday, December 11th. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,390.91%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in RA. Envestnet Asset Management Inc. lifted its position in shares of Brookfield Real Assets Income Fund by 13.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 404,878 shares of the company’s stock worth $5,328,000 after purchasing an additional 47,735 shares during the last quarter. Pasadena Private Wealth LLC acquired a new stake in Brookfield Real Assets Income Fund in the 1st quarter valued at approximately $488,000. Mallini Complete Financial Planning LLC increased its position in Brookfield Real Assets Income Fund by 8.8% in the 1st quarter. Mallini Complete Financial Planning LLC now owns 16,798 shares of the company’s stock worth $221,000 after buying an additional 1,359 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Brookfield Real Assets Income Fund by 675.3% during the first quarter. Geneos Wealth Management Inc. now owns 7,621 shares of the company’s stock worth $100,000 after buying an additional 6,638 shares during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. boosted its position in shares of Brookfield Real Assets Income Fund by 12.0% in the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 666,668 shares of the company’s stock valued at $8,773,000 after acquiring an additional 71,684 shares during the period.

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.