Short Interest in Brookfield Real Assets Income Fund Inc. (NYSE:RA) Declines By 17.4%

Brookfield Real Assets Income Fund Inc. (NYSE:RA) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 91,600 shares, a decline of 17.4% from the February 28th total of 110,900 shares. Based on an average daily trading volume, of 205,600 shares, the days-to-cover ratio is currently 0.4 days.

Brookfield Real Assets Income Fund Trading Down 0.8 %

NYSE:RA traded down $0.10 during mid-day trading on Thursday, reaching $13.09. The stock had a trading volume of 125,378 shares, compared to its average volume of 197,161. The business’s 50 day moving average is $13.31 and its 200 day moving average is $13.39. Brookfield Real Assets Income Fund has a fifty-two week low of $12.16 and a fifty-two week high of $13.77.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, June 12th will be paid a dividend of $0.118 per share. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $1.42 annualized dividend and a dividend yield of 10.82%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is presently -1,281.82%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

A number of large investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its holdings in shares of Brookfield Real Assets Income Fund by 730.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,053,341 shares of the company’s stock worth $14,031,000 after buying an additional 926,510 shares in the last quarter. Pathstone Holdings LLC grew its position in shares of Brookfield Real Assets Income Fund by 5.1% during the 4th quarter. Pathstone Holdings LLC now owns 890,139 shares of the company’s stock worth $11,872,000 after buying an additional 42,812 shares during the period. Thomas J. Herzfeld Advisors Inc. raised its holdings in Brookfield Real Assets Income Fund by 92.3% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 594,984 shares of the company’s stock worth $7,925,000 after purchasing an additional 285,513 shares during the period. 1607 Capital Partners LLC lifted its holdings in Brookfield Real Assets Income Fund by 154.3% during the fourth quarter. 1607 Capital Partners LLC now owns 415,520 shares of the company’s stock worth $5,535,000 after acquiring an additional 252,120 shares in the last quarter. Finally, Guggenheim Capital LLC raised its holdings in Brookfield Real Assets Income Fund by 102.6% during the 4th quarter. Guggenheim Capital LLC now owns 368,557 shares of the company’s stock worth $4,909,000 after buying an additional 186,633 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.