Brookfield Real Assets Income Fund Inc. (NYSE:RA) Portfolio Manager Justin Charles Guichard Purchases 7,364 Shares

Brookfield Real Assets Income Fund Inc. (NYSE:RA) Portfolio Manager Justin Charles Guichard acquired 7,364 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was bought at an average price of $13.58 per share, for a total transaction of $100,003.12. Following the completion of the acquisition, the portfolio manager now owns 7,364 shares in the company, valued at approximately $100,003.12. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Brookfield Real Assets Income Fund Stock Performance

Shares of RA stock opened at $13.57 on Thursday. The firm’s 50 day moving average price is $13.08 and its 200-day moving average price is $12.86. Brookfield Real Assets Income Fund Inc. has a one year low of $11.89 and a one year high of $13.64.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th will be issued a $0.118 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.42 annualized dividend and a dividend yield of 10.44%. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,281.82%.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Several large investors have recently made changes to their positions in RA. Register Financial Advisors LLC purchased a new stake in Brookfield Real Assets Income Fund during the 1st quarter worth approximately $48,000. Blue Bell Private Wealth Management LLC increased its stake in Brookfield Real Assets Income Fund by 104.3% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 11,428 shares of the company’s stock worth $146,000 after buying an additional 5,835 shares during the period. SeaCrest Wealth Management LLC purchased a new stake in Brookfield Real Assets Income Fund during the 1st quarter worth approximately $153,000. Capital Wealth Alliance LLC purchased a new stake in Brookfield Real Assets Income Fund during the 1st quarter worth approximately $156,000. Finally, Nomura Holdings Inc. purchased a new stake in Brookfield Real Assets Income Fund during the 4th quarter worth approximately $171,000.

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.