Eagle Point Income Company Inc. Declares Distributions on Common Stock, Payable on October 31, 2023, November 30, 2023 and December 29, 2023
August 10, 2023 at 02:30 am IST
Share
Eagle Point Income Company Inc. declared distributions of $0.18 per share of common stock payable on October 31, 2023, November 30, 2023 and December 29, 2023 to stockholders of record as of October 11, 2023, November 13, 2023 and December 11, 2023, respectively. This reflects an increase of 13% from the monthly distributions during the third quarter of 2023.
Eagle Point Income Company Inc. is an externally managed, diversified closed-end management investment company. The Companyâs 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.
EAGLE POINT INCOME COMPANY INC. 
