Brookfield Real Assets Income Fund (NYSE:RA) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Brookfield Real Assets Income Fund Inc. (NYSE:RA) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.28 and traded as high as $13.34. Brookfield Real Assets Income Fund shares last traded at $13.29, with a volume of 263,974 shares trading hands.

Brookfield Real Assets Income Fund Trading Up 0.6 %

The business has a fifty day simple moving average of $13.36 and a 200 day simple moving average of $13.28.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, January 23rd. Investors of record on Friday, January 10th will be paid a dividend of $0.118 per share. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.42 annualized dividend and a yield of 10.59%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is -1,281.82%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Pathstone Holdings LLC increased its holdings in shares of Brookfield Real Assets Income Fund by 55.4% in the 3rd quarter. Pathstone Holdings LLC now owns 847,327 shares of the company’s stock worth $11,612,000 after acquiring an additional 301,996 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Brookfield Real Assets Income Fund by 450.8% during the second quarter. Envestnet Asset Management Inc. now owns 253,718 shares of the company’s stock valued at $3,237,000 after buying an additional 207,655 shares during the last quarter. Logan Stone Capital LLC bought a new stake in shares of Brookfield Real Assets Income Fund during the second quarter valued at approximately $2,043,000. International Assets Investment Management LLC acquired a new position in shares of Brookfield Real Assets Income Fund during the third quarter worth approximately $14,850,000. Finally, HighTower Advisors LLC grew its holdings in Brookfield Real Assets Income Fund by 3.4% in the 3rd quarter. HighTower Advisors LLC now owns 84,395 shares of the company’s stock worth $1,152,000 after buying an additional 2,758 shares in the last quarter.

Brookfield Real Assets Income Fund Company Profile

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.