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 the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $13.38, for a total transaction of $24,886.80. Following the sale, the director now owns 17,443 shares of the company’s stock, valued at approximately $233,387.34. This represents a 9.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE:RA opened at $13.15 on Thursday. Brookfield Real Assets Income Fund Inc. has a 1 year low of $12.16 and a 1 year high of $13.77. The stock’s 50-day moving average is $13.42 and its 200 day moving average is $13.19.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued 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 presently -1,281.82%.

Institutional Trading of Brookfield Real Assets Income Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RA. Pathstone Holdings LLC lifted its holdings in Brookfield Real Assets Income Fund by 55.4% in the third quarter. Pathstone Holdings LLC now owns 847,327 shares of the company’s stock worth $11,612,000 after buying an additional 301,996 shares during the period. Envestnet Asset Management Inc. grew its stake in Brookfield Real Assets Income Fund by 450.8% in the second quarter. Envestnet Asset Management Inc. now owns 253,718 shares of the company’s stock worth $3,237,000 after purchasing an additional 207,655 shares during the period. Logan Stone Capital LLC bought a new position in Brookfield Real Assets Income Fund in the second quarter worth $2,043,000. International Assets Investment Management LLC purchased a new position in Brookfield Real Assets Income Fund during the third quarter valued at $14,850,000. Finally, Drive Wealth Management LLC purchased a new position in Brookfield Real Assets Income Fund during the third quarter valued at $1,145,000.

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.