Brookfield Real Assets Income Fund Inc. (NYSE:RA) Director Stuart A. Mcfarland Sells 1,860 Shares

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

Brookfield Real Assets Income Fund Price Performance

Brookfield Real Assets Income Fund stock opened at $13.33 on Tuesday. Brookfield Real Assets Income Fund Inc. has a 52 week low of $12.16 and a 52 week high of $13.77. The business’s fifty day moving average is $13.43 and its two-hundred day moving average is $13.19.

Brookfield Real Assets Income Fund Announces Dividend

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

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hudson Valley Investment Advisors Inc. ADV bought a new stake in shares of Brookfield Real Assets Income Fund during the third quarter valued at approximately $137,000. Blue Bell Private Wealth Management LLC lifted its holdings in Brookfield Real Assets Income Fund by 104.3% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 11,428 shares of the company’s stock worth $146,000 after buying an additional 5,835 shares in the last quarter. Encompass More Asset Management bought a new position in Brookfield Real Assets Income Fund in the 3rd quarter valued at $165,000. SeaCrest Wealth Management LLC increased its stake in shares of Brookfield Real Assets Income Fund by 9.6% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock valued at $182,000 after buying an additional 1,169 shares during the period. Finally, Atomi Financial Group Inc. raised its position in shares of Brookfield Real Assets Income Fund by 26.0% during the second quarter. Atomi Financial Group Inc. now owns 15,923 shares of the company’s stock worth $203,000 after acquiring an additional 3,285 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.