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

Brookfield Real Assets Income Fund Inc. (NYSE:RA) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 91,600 shares, a drop 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.

Brookfield Real Assets Income Fund Price Performance

NYSE:RA traded down $0.01 during midday trading on Tuesday, hitting $13.16. 66,039 shares of the stock were exchanged, compared to its average volume of 224,911. The business has a 50-day moving average price of $13.32 and a two-hundred day moving average price of $13.39. Brookfield Real Assets Income Fund has a one year low of $12.17 and a one year high of $13.77.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 12th will be given a dividend of $0.118 per share. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $1.42 dividend on an annualized basis and a yield of 10.76%. Brookfield Real Assets Income Fund’s payout ratio is presently -1,281.82%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

A number of institutional investors have recently modified their holdings of RA. Aptus Capital Advisors LLC raised its position in Brookfield Real Assets Income Fund by 3.4% during the fourth quarter. Aptus Capital Advisors LLC now owns 32,890 shares of the company’s stock valued at $438,000 after acquiring an additional 1,081 shares in the last quarter. SeaCrest Wealth Management LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 10.2% in the 4th 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 during the last quarter. Encompass More Asset Management increased its position in 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 worth $188,000 after buying an additional 2,062 shares during the last quarter. Sterneck Capital Management LLC raised its holdings in Brookfield Real Assets Income Fund by 8.1% during the fourth quarter. Sterneck Capital Management LLC now owns 34,563 shares of the company’s stock valued at $460,000 after buying an additional 2,600 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Brookfield Real Assets Income Fund by 3.4% in the third quarter. HighTower Advisors LLC now owns 84,395 shares of the company’s stock worth $1,152,000 after buying an additional 2,758 shares during the last quarter.

About Brookfield Real Assets Income Fund

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.