Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 54,200 shares, a decrease of 29.2% from the October 15th total of 76,500 shares. Based on an average trading volume of 204,300 shares, the days-to-cover ratio is presently 0.3 days.
Insider Transactions at Brookfield Real Assets Income Fund
In other Brookfield Real Assets Income Fund news, Portfolio Manager Justin Charles Guichard purchased 7,364 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were bought at an average price of $13.58 per share, for a total transaction of $100,003.12. Following the purchase, the portfolio manager now directly owns 7,364 shares in the company, valued at $100,003.12. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
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. Calamos Advisors LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 46.4% in the second quarter. Calamos Advisors LLC now owns 26,875 shares of the company’s stock worth $343,000 after buying an additional 8,513 shares during the last quarter. Prevail Innovative Wealth Advisors LLC grew its position in shares of Brookfield Real Assets Income Fund by 11.3% in the second quarter. Prevail Innovative Wealth Advisors LLC now owns 55,415 shares of the company’s stock valued at $707,000 after purchasing an additional 5,628 shares during the last quarter. Cetera Advisors LLC increased its stake in shares of Brookfield Real Assets Income Fund by 5.3% in the first quarter. Cetera Advisors LLC now owns 60,505 shares of the company’s stock worth $782,000 after purchasing an additional 3,025 shares during the period. Cetera Investment Advisers acquired a new position in shares of Brookfield Real Assets Income Fund during the 1st quarter worth about $12,606,000. Finally, Atomi Financial Group Inc. boosted its stake in Brookfield Real Assets Income Fund by 26.0% during the 2nd quarter. Atomi Financial Group Inc. now owns 15,923 shares of the company’s stock valued at $203,000 after purchasing an additional 3,285 shares during the period.
Brookfield Real Assets Income Fund Trading Down 0.4 %
Brookfield Real Assets Income Fund Announces Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be paid a $0.118 dividend. This represents a dividend yield of 10.44%. The ex-dividend date is Tuesday, November 12th. Brookfield Real Assets Income Fund’s payout ratio is -1,390.91%.
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.
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