Brookfield Real Assets Income Fund Inc. (NYSE:RA) Sees Large Drop in Short Interest

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 Up 0.3 %

Brookfield Real Assets Income Fund stock traded up $0.04 during mid-day trading on Wednesday, hitting $13.20. 235,638 shares of the company’s stock were exchanged, compared to its average volume of 225,368. Brookfield Real Assets Income Fund has a 1-year low of $12.17 and a 1-year high of $13.77. The stock has a 50 day moving average of $13.31 and a two-hundred day moving average of $13.39.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, June 12th will be paid a $0.118 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.73%. The ex-dividend date of this dividend is Thursday, June 12th. Brookfield Real Assets Income Fund’s payout ratio is -1,281.82%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in RA. Wells Fargo & Company MN grew its holdings in 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 valued at $14,031,000 after purchasing an additional 926,510 shares during the last quarter. Pathstone Holdings LLC grew its stake in Brookfield Real Assets Income Fund by 5.1% in the 4th quarter. Pathstone Holdings LLC now owns 890,139 shares of the company’s stock valued at $11,872,000 after buying an additional 42,812 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its holdings in Brookfield Real Assets Income Fund by 92.3% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 594,984 shares of the company’s stock worth $7,925,000 after acquiring an additional 285,513 shares during the period. 1607 Capital Partners LLC raised its holdings in Brookfield Real Assets Income Fund by 154.3% in the 4th 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 during the period. Finally, Guggenheim Capital LLC lifted its position 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 acquiring an additional 186,633 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.