Brookfield Real Assets Income Fund Inc. (NYSE:RA) Director Sells $24,886.80 in Stock

Brookfield Real Assets Income Fund Inc. (NYSE:RA) Director Stuart A. Mcfarland sold 1,860 shares of Brookfield Real Assets Income Fund stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $13.38, for a total value of $24,886.80. Following the completion of the sale, the director now directly owns 17,443 shares in the company, valued at approximately $233,387.34. This represents a 9.64 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Brookfield Real Assets Income Fund Price Performance

Shares of NYSE RA traded down $0.06 during midday trading on Monday, reaching $13.33. The company’s stock had a trading volume of 265,071 shares, compared to its average volume of 242,191. Brookfield Real Assets Income Fund Inc. has a fifty-two week low of $12.16 and a fifty-two week high of $13.77. The stock has a 50 day simple moving average of $13.44 and a 200-day simple moving average of $13.19.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a dividend of $0.118 per share. The ex-dividend date was Tuesday, November 12th. This represents a dividend yield of 10.44%. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,281.82%.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Hedge funds have recently modified their holdings of the stock. Pathstone Holdings LLC boosted its position in Brookfield Real Assets Income Fund by 55.4% during the third quarter. Pathstone Holdings LLC now owns 847,327 shares of the company’s stock valued at $11,612,000 after purchasing an additional 301,996 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Brookfield Real Assets Income Fund by 450.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 253,718 shares of the company’s stock valued at $3,237,000 after buying an additional 207,655 shares during the last quarter. Logan Stone Capital LLC bought a new position in shares of Brookfield Real Assets Income Fund in the second quarter valued at $2,043,000. Raymond James & Associates increased its holdings in Brookfield Real Assets Income Fund by 17.2% during the second quarter. Raymond James & Associates now owns 143,428 shares of the company’s stock worth $1,830,000 after buying an additional 21,007 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in Brookfield Real Assets Income Fund during the third quarter worth $14,850,000.

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.