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

<< Previous

Bullboard Posts

Next >>

Post by ron64on May 10, 2000 7:31pm

134 Views

Post# 1901017

Conference Call Tomorrow

Webcasted conference call for shareholders scheduled for tomorrow, here`s what to expect according to internal sources: More losses expected next quarter New focus on ISDN and DSL, mainframes-software division to be sold soon Headcount to be reduduced substantially in order to go back to profitability Management remains the same except for the CFO which is leaving the company Does someone have more info?

<< Previous

Bullboard Posts

Next >>

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity