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0.000453020134228175 0.000453020134228175 0 0 0.00125838926174501 0.000419463087248388 0.000419463087248388 0.000419463087248388
Stock impact report

Eagle Point Credit (ECC) Earnings Transcript [Yahoo! Finance]

Eagle Point Income Company Inc. (EIC) 
Company Research Source: Yahoo! Finance
Chief Executive Officer — Thomas Majewski Chief Financial Officer — Ken Inorio Need a quote from a Motley Fool analyst? Email pr@fool.com Full Conference Call Transcript Thomas Majewski: Thanks, Darren. And good morning, everyone. We're glad you've joined the call today. We were very active in managing our portfolio during the quarter, both through deployment into new investments and rotation and optimization of portfolio investments already on the ground. We deployed almost $200 million into new investments, taking advantage of attractive opportunities in both the primary and secondary markets. The CLO equity investments that we made during the quarter had a weighted average effective yield of 16.9%. Additionally, during the quarter, we proactively completed 16 refinancings and 11 resets which strengthened our CLO equity portfolio's earning power and helped partially offset the loan repricings that we faced throughout the year. Importantly, we still have a robust pipeline Show less Read more
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