Welcome to our dedicated page for Eagle Point Income Co news (Ticker: EIC), a resource for investors and traders seeking the latest updates and insights on Eagle Point Income Co stock.
Eagle Point Income Co Inc (EIC) is a closed-end investment company specializing in high-current income through junior collateralized loan obligation (CLO) debt tranches. This page serves as the definitive source for EIC-related developments, offering investors and analysts timely access to earnings reports, strategic initiatives, and market insights.
Discover curated updates on EIC's portfolio management decisions, CLO market positioning, and income distribution strategies. Our repository includes press releases covering quarterly results, asset allocation updates, and leadership announcements directly impacting the company's yield-focused mandate.
Key content categories include earnings disclosures, investment strategy adjustments, regulatory filings, and analysis of credit market conditions affecting CLO valuations. Bookmark this page for streamlined access to information critical for assessing EIC's performance in structured finance markets.
Eagle Point Income Company (EIC) announced its financial results for the fourth quarter and full year ending December 31, 2022. The company reported a net investment income (NII) of $0.49 per share, with a net asset value (NAV) of $12.91 per share, down from $13.05 in Q3 2022. GAAP net income stood at $6.4 million, or $0.88 per share. The company distributed $5 million from its investment portfolio and increased its monthly distribution to $0.16 starting January 2023. As of January 31, 2023, NAV is estimated between $13.67 and $13.77, reflecting a 6.3% increase. Total cash and capacity available for investment reached $25.7 million as of February 15, 2023.
Eagle Point Income Company (NYSE: EIC, EICA) announced that it will report its financial results for the quarter and fiscal year ending December 31, 2022, before market opening on February 22, 2023. A conference call will follow on the same day at 11:30 a.m. ET, hosted by CEO Thomas P. Majewski and other key executives. Interested participants can join via phone or internet, with replay options available post-call. The company focuses on generating high current income primarily through investing in junior debt tranches of CLOs, and it may allocate up to 35% of its assets in CLO equity securities.
Eagle Point Income Company (NYSE: EIC, EICA) announced its financial results for Q3 2022. The Company reported a net investment income (NII) of
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