Eagle Point Income (EIC) analysis: why high fees, leverage and CLO equity limit returns despite the NAV discount. Read the ...
Fees are Average compared to funds in the same category. EIC Value Fund has an expense ratio of 1.20 percent. Risk is Above Average compared to funds in the same category according to Morningstar.
In this article, we review the Eagle Point Income Co (EIC) - a fund that allocates primarily to CLO Debt, with a small position in CLO Equity. The fund has recently tumbled as a result of its ...