Brookfield Real Assets Income Fund (NYSE:RA) Director Heather Goldman Sells 2,750 Shares

Brookfield Real Assets Income Fund Inc. (NYSE:RA) Director Heather Goldman sold 2,750 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $12.72, for a total transaction of $34,980.00. Following the completion of the transaction, the director directly owned 22 shares in the company, valued at approximately $279.84. The trade was a 99.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Brookfield Real Assets Income Fund Stock Down 0.0%

Shares of RA stock opened at $12.73 on Friday. Brookfield Real Assets Income Fund Inc. has a 52-week low of $12.50 and a 52-week high of $13.59. The firm’s 50 day moving average price is $12.88 and its two-hundred day moving average price is $13.02.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a $0.118 dividend. The ex-dividend date is Thursday, June 11th. This represents a c) annualized dividend and a yield of 11.1%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is -1,390.91%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Several hedge funds have recently bought and sold shares of RA. First Trust Advisors LP raised its holdings in Brookfield Real Assets Income Fund by 3.6% in the second quarter. First Trust Advisors LP now owns 119,644 shares of the company’s stock worth $1,600,000 after purchasing an additional 4,164 shares during the period. Ameriprise Financial Inc. raised its holdings in Brookfield Real Assets Income Fund by 10.0% in the second quarter. Ameriprise Financial Inc. now owns 40,882 shares of the company’s stock worth $547,000 after purchasing an additional 3,720 shares during the period. Prevail Innovative Wealth Advisors LLC raised its holdings in Brookfield Real Assets Income Fund by 12.2% in the second quarter. Prevail Innovative Wealth Advisors LLC now owns 121,418 shares of the company’s stock worth $1,623,000 after purchasing an additional 13,219 shares during the period. Geneos Wealth Management Inc. raised its holdings in Brookfield Real Assets Income Fund by 43.3% in the second quarter. Geneos Wealth Management Inc. now owns 10,920 shares of the company’s stock worth $146,000 after purchasing an additional 3,299 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in Brookfield Real Assets Income Fund in the third quarter worth $140,000.

Brookfield Real Assets Income Fund Company Profile

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.