Eagle Point Income Company Inc. (NYSE: EIC) is a publicly traded, non-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. EIC seeks to achieve its objectives by investing primarily in junior debt tranches of collateralized loan obligations (CLOs). CLOs are securitized vehicles that hold portfolios of senior secured loans. EIC's investment strategy focuses on identifying and investing in CLO tranches that offer attractive risk-adjusted returns. The company is managed by Eagle Point Credit Management LLC, an investment adviser specializing in CLO and credit investments. EIC provides investors with exposure to a diversified portfolio of CLO debt, offering a potential source of high current income. The company regularly distributes income to its shareholders.
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