Detail akcie Eagle Pt Inm online

Business Summary: 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.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, Eagle Point Income Company Inc revenues increased 79% to $32.5M. Net income increased 22% to $26.5M. Revenues reflect Other income increase from $38K to $86K. Net income was partially offset by Net change in unrealized (appreciation) decrease from $667K (income) to $2.7M (expense), Unrealized G/L on Investment Securities decrease of 32% to $6.3M (income), Tax expense increase from $4K (income) to $25K (expense).