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 > Why are people selling.

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Comment by Liquid8on Oct 05, 2000 10:50am

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Post# 2608703

RE: Why are people selling.

pretty simple really - if ive got 10000 shares, and i bougt another 5000 at the opening (after the halt I got filled at 3.80), then it makes good sense to sell off some of my shares to reduce my risk - sure it looks like the deal will go through, but it would really suck if the deal didn't. Ive lowered my risk, raised some cash and am a pretty happy guy all around.

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