Brookfield Real Assets Income Fund (NYSE:RA) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.08 and traded as high as $13.19. Brookfield Real Assets Income Fund shares last traded at $13.0640, with a volume of 126,015 shares trading hands.

Brookfield Real Assets Income Fund Stock Performance

The company’s 50-day moving average is $13.07 and its 200 day moving average is $13.08.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.118 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date of this dividend is Thursday, June 11th. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is presently -1,390.91%.

Institutional Trading of Brookfield Real Assets Income Fund

A number of institutional investors have recently made changes to their positions in RA. CoreCap Advisors LLC boosted its holdings in shares of Brookfield Real Assets Income Fund by 59.2% during the 3rd quarter. CoreCap Advisors LLC now owns 2,576 shares of the company’s stock valued at $34,000 after acquiring an additional 958 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in shares of Brookfield Real Assets Income Fund by 97.1% during the 3rd quarter. Global Retirement Partners LLC now owns 3,850 shares of the company’s stock valued at $51,000 after acquiring an additional 1,897 shares during the last quarter. Quadrant Capital Group LLC purchased a new stake in shares of Brookfield Real Assets Income Fund during the 4th quarter valued at about $51,000. US Bancorp DE purchased a new stake in shares of Brookfield Real Assets Income Fund during the 3rd quarter valued at about $101,000. Finally, Gridiron Partners LLC boosted its holdings in shares of Brookfield Real Assets Income Fund by 2,944.1% during the 3rd quarter. Gridiron Partners LLC now owns 960,489 shares of the company’s stock valued at $128,000 after acquiring an additional 928,937 shares during the last quarter.

About Brookfield Real Assets Income Fund

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.