Eagle Point Institutional Income Fund Generates 9.9% Annual Net Return and Exceeds $150 Million in Assets [Yahoo! Finance]
Eagle Point Credit Company Inc. (ECC)
NASDAQ:AMEX Investor Relations:
eaglepointcreditcompany.com/investor-relations/default.aspx
Company Research
Source: Yahoo! Finance
asset manager with over $10 billion of assets under management, announced that Eagle Point Institutional Income Fund (the "Fund") generated a net return of 9.9% over the 12-month period ending October 31, 2024. In addition, the Fund's total assets, inclusive of available borrowings under a revolving credit facility, have exceeded $150 million. During the month of October 2024, the Fund completed its 28 th consecutive monthly distribution payment, which represented a 10.2% annualized distribution rate. The Fund's net asset value per share as of October 31, 2024 was $9.96. The Fund's sources of financing include a revolving credit facility and term preferred stock, which trades on the New York Stock Exchange under the ticker symbol "EIIA." The Fund's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in diversified pools of senior secured loans called collateralized loan obligations ("C
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News
- Eagle Point Credit Company Inc. Prices $100 Million Public Offering of NotesBusiness Wire
- Eagle Point Credit Company Inc. Announces Offering of NotesBusiness Wire
- Eagle Point Credit: Is This 21% Yield Sustainable? [Seeking Alpha]Seeking Alpha
- Eagle Point Credit Company Inc. Announces Third Quarter 2024 Financial ResultsBusiness Wire
- Eagle Point Credit Company Inc. Announces First Quarter 2025 Common Distributions and Preferred DistributionsBusiness Wire
ECC
Sec Filings
- 12/16/24 - Form 497AD
- 12/16/24 - Form CERT
- 12/10/24 - Form 8-A12B
- ECC's page on the SEC website