Eagle Point Income Company Inc V.EIC

Primary Symbol: EIC Alternate Symbol(s): EICB | EICC

Eagle Point Income Company Inc. is an externally managed, diversified closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The Company seeks to achieve these objectives by investing primarily in junior debt tranches of collateralized loan obligations (CLOs) rated BB. In addition, the Company may invest up to 35% of its total assets (at the time of investment) in CLO equity securities and other securities and instruments that are consistent with its investment objectives. The Company may also invest in other securities and instruments objectives such as securities issued by other securitization vehicles. The Company may also invest in other junior debt tranches of CLOs, senior debt tranches of CLOs, loan accumulation facilities (LAF) and other related securities and instruments. The investment advisor of the Company is Eagle Point Income Management LLC.

NYSE:EIC - Post by User

Eagle Point Income Company Inc > Sold at $3.50 today

<< Previous

Bullboard Posts

Next >>

Comment by bechaboton May 04, 2000 7:56am

157 Views

Post# 1871548

RE: Sold at $3.50 today

What was your cost, Chaim ? If you had no position in EIC prior to the last downfall and you bought at $2.85, I can understand. However, this doesn't apply to everybody. What if the news to be released are well perceived by investors ? Big Ben

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading