News
EIC
15.61
-0.51%
-0.08
Eagle Point Income: A Less Risky CLO Alternative To ECC
Eagle Point Income Co Inc (EIC) offers a monthly distribution with a high yield of 15.4%. EIC has outperformed the S&P 500 in terms of total return over the last year. The fund is a closed-end fund with a primary focus on CLO debt. The price of EIC currently trades below its average premium to NAV. EIC is a less risky alternative to ECC's CLO equity.
Seeking Alpha · 2d ago
Weekly Report: what happened at EIC last week (0415-0419)?
Weekly Report · 3d ago
Weekly Report: what happened at EIC last week (0408-0412)?
Weekly Report · 04/15 09:05
CEF Weekly Review: Some Funds Are Locking In High Leverage Costs
Some Funds are locking in relatively high leverage costs, which will push their net income levels lower as the Fed cuts rates. March was the best month of the year so far for CEFs as stocks and Treasuries fell. Pioneer Muni CEFs hiked distributions. Systematic Income reviews CEF market valuation and performance through first week of April.
Seeking Alpha · 04/13 12:00
Eagle Point Income Company declares $0.20 dividend
Seeking Alpha · 04/09 13:46
Eagle Point Income Company Inc - 5% PRF REDEEM 30/10/2026 USD 25 - Ser Aprice alerts goes ex dividend today
Seeking Alpha · 04/09 13:44
XFLT: Fund Your Retirement Income With This 14% Yielding CEF
The XAI Octagon Floating Rate & Alternative Income Trust offers a high yield income stream and discounted DRIP option for investors. The fund has returned 28% over the past year with a yield of about 14.4%. The closed-end fund has shown consistent performance and returned 13% in the last year. XFLT offers a discount to the market price to reinvest the fund's monthly distributions.
Seeking Alpha · 04/08 16:20
Weekly Report: what happened at EIC last week (0401-0405)?
Weekly Report · 04/08 09:05
Preferreds Weekly Review: New Issuance Is Cheap To Existing
Preferreds underperformed this week, primarily due to REITs, but the broader space still had a positive total return over March. New issuance tends to come in at higher yields to existing, providing an attractive opportunity for investors. The preferreds sector has enjoyed the longest rally since 2021.
Seeking Alpha · 04/07 06:24
Weekly Report: what happened at EIC last week (0325-0329)?
Weekly Report · 04/01 09:05
Eagle Point Income Company Inc. Prices Offering of Preferred Stock
Eagle Point Income Company Inc. Has priced an underwritten public offering of 1,220,000 shares of its 8.00% Series C Term Preferred Stock due 2029. The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company. The offering is expected to close on April 3, 2024.
Barchart · 03/27 18:10
BRIEF-Eagle Point Income Company Inc Announces Offering Of Preferred Stock
Reuters · 03/26 21:42
Eagle Point Income Company announces offering of preferred stock
Eagle Point Income Company announces offering of preferred stock. The preferred stock is expected to be listed on NYSE and to trade thereon under the symbol “EICC” Eagle Point Income Co Inc (EIC) commenced an underwritten public offering of its Series C Term Preferred Stock.
Seeking Alpha · 03/26 20:18
Weekly Report: what happened at EIC last week (0318-0322)?
Weekly Report · 03/25 09:05
Eagle Point Income: Common Shares Yield 15%, 7.5% Yield On Preferred Shares
Eagle Point Income reported strong Q4 results with net investment income of $5.55M. Eagle Point Income is an investment company focusing on CLO debt. The 2026 term preferred shares offer a pro forma yield to maturity of approximately 7.5-7.6%. The company issued new shares, reducing concerns about the asset coverage ratio.
Seeking Alpha · 03/23 15:40
Weekly Report: what happened at EIC last week (0311-0315)?
Weekly Report · 03/18 09:05
Weekly Report: what happened at EIC last week (0304-0308)?
Weekly Report · 03/11 09:05
Eagle Point Income NT 7.75% 28 goes ex-dividend tomorrow
Seeking Alpha · 03/06 18:09
Eagle Point Income - 5% PRF REDEEM 30/10/2026 USD 25 - Ser Aprice alerts goes ex-dividend tomorrow
Dividend Stocks News Eagle Point Income - 5% PRF REDEEM 30/10/2026 USD 25 - Ser Aprice alerts goes ex-dividend tomorrow Mar. 06, 2024 1:07 PM ETEagle Point Income Company Inc. CAL NT 26 (EICA) Stock.
Seeking Alpha · 03/06 18:07
Eagle Point Income Company goes ex-dividend tomorrow
Seeking Alpha · 03/06 18:04
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About EIC
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.