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.

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Eagle Point Income Company Inc

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Post by Lucabrasion Sep 29, 2000 12:10am

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Post# 2580066

Leaving With My Shirt ON

$5.00 per share. At least I recouped more than my cost. Been sitting on this dog since March. I find it hard to beleive that the current clowns in charge of EIC can generate shareholder value greater than $5.00 a share. Take the money and run baby.

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