Brookfield Real Assets Income Fund (NYSE:RA) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Brookfield Real Assets Income Fund Inc. (NYSE:RA) shares passed 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 traded.

Brookfield Real Assets Income Fund Price Performance

The firm has a 50 day moving average of $13.37 and a two-hundred day moving average of $13.28.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Friday, January 10th will be paid a $0.118 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.42 annualized dividend and a dividend yield of 10.65%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,281.82%.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Institutional investors have recently modified their holdings of the business. Hudson Valley Investment Advisors Inc. ADV purchased a new position in Brookfield Real Assets Income Fund in the third quarter worth about $137,000. Encompass More Asset Management purchased a new stake in Brookfield Real Assets Income Fund during the 3rd quarter valued at approximately $165,000. SeaCrest Wealth Management LLC lifted its holdings in shares of Brookfield Real Assets Income Fund by 9.6% in the third quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock worth $182,000 after buying an additional 1,169 shares in the last quarter. Atomi Financial Group Inc. lifted its stake in Brookfield Real Assets Income Fund by 10.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 17,552 shares of the company’s stock worth $240,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC lifted its position in shares of Brookfield Real Assets Income Fund by 45.8% in the third quarter. Horizon Kinetics Asset Management LLC now owns 17,614 shares of the company’s stock worth $241,000 after buying an additional 5,533 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.