Brookfield Real Assets Income Fund (NYSE:RA) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Brookfield Real Assets Income Fund Inc. (NYSE:RA) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.17 and traded as high as $13.44. Brookfield Real Assets Income Fund shares last traded at $13.4350, with a volume of 177,285 shares trading hands.

Brookfield Real Assets Income Fund Trading Up 0.3%

The company’s 50 day moving average is $13.01 and its 200-day moving average is $13.17.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $0.118 dividend. The ex-dividend date is Thursday, March 12th. This represents a c) annualized dividend and a dividend yield of 10.5%. Brookfield Real Assets Income Fund’s payout ratio is -1,390.91%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

A number of hedge funds have recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. purchased a new position in shares of Brookfield Real Assets Income Fund during the 2nd quarter valued at approximately $1,967,000. Thomas J. Herzfeld Advisors Inc. increased its stake in shares of Brookfield Real Assets Income Fund by 8.1% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 720,534 shares of the company’s stock worth $9,634,000 after buying an additional 53,866 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Brookfield Real Assets Income Fund by 7.7% in the second quarter. Envestnet Asset Management Inc. now owns 436,185 shares of the company’s stock valued at $5,832,000 after acquiring an additional 31,307 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Brookfield Real Assets Income Fund by 40.1% in the second quarter. Rockefeller Capital Management L.P. now owns 21,674 shares of the company’s stock valued at $290,000 after acquiring an additional 6,205 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its stake in Brookfield Real Assets Income Fund by 24.2% during the 2nd quarter. Guggenheim Capital LLC now owns 652,292 shares of the company’s stock valued at $8,721,000 after acquiring an additional 127,229 shares during the last quarter.

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.