OXLC - Eagle Point Income: More Income Less Risk And A Fund Institutional Investors Love
- EIC recently increased its distribution by 33%, boosting its yield to over 8% (although the market has since bid the price up and yield down to 7.8%).
- Yields like a high-yield bond fund, but with a less risky portfolio.
- Sustainable distribution from its Net Investment Income, even through the crash early last year.
- Institutional investors like it, currently owning 67% along with insiders, with Enstar Insurance holding over 60%.
For further details see:
Eagle Point Income: More Income, Less Risk, And A Fund Institutional Investors Love