EIC News and Press, Eagle Point Income Company Inc. From 11/07/22

Eagle Point Income Company ( NYSE: EIC ) declares $0.16/share monthly dividend , 14.3% increase from prior dividend of $0.14. Forward yield 13.06% Payable Jan. 31; for shareholders of record Jan. 11; ex-div Jan. 10. Payable Feb. 28; for shareholders of reco...

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today is pleased to announce the declaration of distributions on shares of the Company’s common stock. The Company has declared three separate distributions of $0.16 per share on its common stock ...

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced that it plans to report financial results for the quarter ended September 30, 2022 prior to the opening of the financial markets on Tuesday, November 15, 2022. The Company will discuss it...

Summary 16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises. A reminder that the Tortoise tender offers are expiring. Author's note: This article was released to CEF/ETF...

Summary The CLO asset class is worth a look by income investors due to its strong historic profile, high yields and rising income levels. The asset class offers a wide variety of securities across the entire risk spectrum, with yields from mid-single-digit to double-digit levels. ...

Summary 0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares. Author's note: This article was released to CEF/ETF Income Laboratory members on October 18th, 2022. Plea...

Summary We review CEF market valuation and performance through the second week of October and highlight recent market action. CEFs struggled this week on the back of rising Treasury yields and lower stocks. We discuss PPT as a case study of a fund that appears to do the imposs...

Summary We had a bearish view on ECC when we covered it last. The fund has succumbed to the credit stress, and total returns including distributions are now negative over the last 5 years. When enough bad news is priced in, the fund can indeed deliver positive returns. But...

Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. OPP rights offering results. FEO will liquidate. Author's note: This article was released to CEF/ETF Income Laboratory members on September 29, 2022. Please check l...

Summary We review CEF market valuation and performance through the fourth week of September and highlight recent market action. CEFs had a tough week as discounts widened to double the impact of lower NAVs. The broader CEF space is now below its June lows. We take a look at so...