Brookfield Real Assets Income Fund (NYSE:RA) Director Heather Goldman Sells 2,750 Shares

Brookfield Real Assets Income Fund Inc. (NYSE:RA) Director Heather Goldman sold 2,750 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $12.72, for a total transaction of $34,980.00. Following the completion of the transaction, the director owned 22 shares in the company, valued at $279.84. The trade was a 99.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Brookfield Real Assets Income Fund Price Performance

RA traded down $0.01 during trading hours on Thursday, hitting $12.73. 76,469 shares of the company’s stock were exchanged, compared to its average volume of 190,990. Brookfield Real Assets Income Fund Inc. has a 12-month low of $12.50 and a 12-month high of $13.59. The firm has a 50 day moving average of $12.90 and a 200 day moving average of $13.03.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be paid a dividend of $0.118 per share. The ex-dividend date is Thursday, June 11th. This represents a c) dividend on an annualized basis and a yield of 11.1%. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,390.91%.

Institutional Trading of Brookfield Real Assets Income Fund

Several hedge funds have recently made changes to their positions in RA. CoreCap Advisors LLC increased its holdings in shares of Brookfield Real Assets Income Fund by 59.2% in the 3rd quarter. CoreCap Advisors LLC now owns 2,576 shares of the company’s stock valued at $34,000 after purchasing an additional 958 shares in the last quarter. Global Retirement Partners LLC increased its holdings in shares of Brookfield Real Assets Income Fund by 97.1% in the 3rd quarter. Global Retirement Partners LLC now owns 3,850 shares of the company’s stock valued at $51,000 after purchasing an additional 1,897 shares in the last quarter. Quadrant Capital Group LLC purchased a new position in Brookfield Real Assets Income Fund during the 4th quarter valued at about $51,000. Fifth Third Bancorp purchased a new position in Brookfield Real Assets Income Fund during the 1st quarter valued at about $81,000. Finally, US Bancorp DE purchased a new position in Brookfield Real Assets Income Fund during the 3rd quarter valued at about $101,000.

About Brookfield Real Assets Income Fund

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.