Short Interest in Brookfield Real Assets Income Fund Inc. (NYSE:RA) Declines By 36.8%

Brookfield Real Assets Income Fund Inc. (NYSE:RA) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 56,549 shares, a drop of 36.8% from the July 30th total of 89,421 shares. Based on an average daily trading volume, of 144,278 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Hedge funds have recently made changes to their positions in the business. Sit Investment Associates Inc. purchased a new position in Brookfield Real Assets Income Fund during the 4th quarter valued at approximately $28,709,000. Morgan Stanley boosted its stake in Brookfield Real Assets Income Fund by 2.8% during the fourth quarter. Morgan Stanley now owns 4,411,299 shares of the company’s stock worth $57,170,000 after buying an additional 118,651 shares during the period. Guggenheim Capital LLC increased its position in Brookfield Real Assets Income Fund by 15.4% during the fourth quarter. Guggenheim Capital LLC now owns 876,989 shares of the company’s stock valued at $11,366,000 after acquiring an additional 116,875 shares during the last quarter. Closed End Fund Advisors Inc. purchased a new stake in shares of Brookfield Real Assets Income Fund in the fourth quarter valued at $1,463,000. Finally, Thomas J. Herzfeld Advisors Inc. raised its stake in shares of Brookfield Real Assets Income Fund by 6.6% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 772,267 shares of the company’s stock valued at $10,009,000 after acquiring an additional 47,561 shares during the period.

Brookfield Real Assets Income Fund Stock Up 0.0%

Shares of Brookfield Real Assets Income Fund stock traded up $0.01 on Wednesday, reaching $12.52. The company’s stock had a trading volume of 66,193 shares, compared to its average volume of 173,680. Brookfield Real Assets Income Fund has a 52 week low of $12.50 and a 52 week high of $13.59. The firm’s fifty day simple moving average is $12.78 and its two-hundred day simple moving average is $12.87.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be issued a $0.118 dividend. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend is Thursday, September 10th. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,390.91%.

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.