Brookfield Real Assets Income Fund (NYSE:RA) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.17 and traded as high as $13.44. Brookfield Real Assets Income Fund shares last traded at $13.4350, with a volume of 177,285 shares trading hands.

Brookfield Real Assets Income Fund Stock Up 0.3%

The business’s fifty day moving average is $13.01 and its 200-day moving average is $13.17.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a $0.118 dividend. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date is Thursday, March 12th. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,390.91%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC increased its stake in shares of Brookfield Real Assets Income Fund by 14.6% in the fourth quarter. Kestra Advisory Services LLC now owns 41,013 shares of the company’s stock valued at $532,000 after buying an additional 5,227 shares during the period. Thomas J. Herzfeld Advisors Inc. increased its position in Brookfield Real Assets Income Fund by 6.6% during the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 772,267 shares of the company’s stock valued at $10,009,000 after purchasing an additional 47,561 shares during the period. Stifel Financial Corp increased its position in Brookfield Real Assets Income Fund by 13.5% during the 4th quarter. Stifel Financial Corp now owns 140,664 shares of the company’s stock valued at $1,823,000 after purchasing an additional 16,741 shares during the period. Morgan Stanley raised its holdings in Brookfield Real Assets Income Fund by 2.8% during the 4th quarter. Morgan Stanley now owns 4,411,299 shares of the company’s stock worth $57,170,000 after purchasing an additional 118,651 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Brookfield Real Assets Income Fund by 2.0% in the 4th quarter. First Trust Advisors LP now owns 161,928 shares of the company’s stock worth $2,099,000 after purchasing an additional 3,248 shares during the period.

Brookfield Real Assets Income Fund Company Profile

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.