EIC: Adding This 11.7%-Yielding CLO Fund On The Drop

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  Posted by Two Blokes Jun 11 - Filed in Stock - 7 views
  
  EIC's recent distribution cut and price drop present an attractive buying opportunity, with the fund now yielding 11.7% and trading at a sizable discount. EIC stands out for its majority CLO Debt allocation, sector-leading low management fees, and lack of incentive fees, enhancing income efficiency for investors. Despite income pressure from falling rates and loan spread compression, EIC remains the best-performing CLO CEF in total NAV terms over 1–3 years.