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

Brookfield Real Assets Income Fund Inc. (NYSE:RA) Portfolio Manager Justin Charles Guichard purchased 7,364 shares of Brookfield Real Assets Income Fund stock in a transaction dated Tuesday, September 17th. The shares were purchased at an average price of $13.58 per share, with a total value of $100,003.12. Following the completion of the transaction, the portfolio manager now directly owns 7,364 shares in the company, valued at $100,003.12. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Brookfield Real Assets Income Fund Stock Performance

Shares of NYSE RA traded up $0.02 during mid-day trading on Wednesday, reaching $13.59. 152,783 shares of the company were exchanged, compared to its average volume of 251,791. The company’s 50 day moving average price is $13.06 and its 200 day moving average price is $12.85. Brookfield Real Assets Income Fund Inc. has a 52 week low of $11.89 and a 52 week 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. Investors of record on Tuesday, September 10th will be given a dividend of $0.118 per share. The ex-dividend date is Tuesday, September 10th. This represents a $1.42 dividend on an annualized basis and a yield of 10.42%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is -1,281.82%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in RA. Register Financial Advisors LLC bought a new stake in Brookfield Real Assets Income Fund during the 1st quarter valued at about $48,000. Blue Bell Private Wealth Management LLC grew its holdings in shares of Brookfield Real Assets Income Fund by 104.3% in the second quarter. Blue Bell Private Wealth Management LLC now owns 11,428 shares of the company’s stock valued at $146,000 after purchasing an additional 5,835 shares during the period. SeaCrest Wealth Management LLC acquired a new stake in shares of Brookfield Real Assets Income Fund during the first quarter worth about $153,000. Capital Wealth Alliance LLC acquired a new stake in Brookfield Real Assets Income Fund in the first quarter valued at approximately $156,000. Finally, Nomura Holdings Inc. purchased a new position in Brookfield Real Assets Income Fund in the fourth quarter valued at 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.