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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

Comment by tradelineon Oct 12, 2000 10:40pm
245 Views
Post# 2646094

RE: congratulations...

RE: congratulations...I am glad you held my hand and your EIC! Sorry for guys like jason48 and those who reacted to the market makers and got taken out on stop loss orders... As for me - I was in the red by 20000 on this one a few weeks ago and now I have a reasonable profit. Whewwww Now I need same thing or better to bail me out of my GAC! Common denominator with EIC... management weak..... tl
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