Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 44,000 shares, an increase of 173.3% from the March 31st total of 16,100 shares. Based on an average trading volume of 238,700 shares, the short-interest ratio is presently 0.2 days.
Brookfield Real Assets Income Fund Stock Performance
RA stock traded up $0.03 during midday trading on Friday, reaching $12.51. The stock had a trading volume of 180,780 shares, compared to its average volume of 267,876. The firm has a fifty day simple moving average of $12.81 and a two-hundred day simple moving average of $12.71. Brookfield Real Assets Income Fund has a 52-week low of $11.89 and a 52-week high of $17.32.
Brookfield Real Assets Income Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, June 25th. Stockholders of record on Tuesday, June 11th will be given a dividend of $0.118 per share. The ex-dividend date is Tuesday, June 11th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 11.32%. Brookfield Real Assets Income Fund’s payout ratio is -1,754.55%.
Hedge Funds Weigh In On Brookfield Real Assets Income Fund
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.
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