EIC News and Press, Eagle Point Income Company Inc. From 05/04/21

The question today is, should you avoid CEF IPOs? From the data we have compiled, it seems that the averages come to be quite flat and it largely depends on the circumstances of its launch. One potential way to play this could be buying on day 1 and selling after 1-month of holdin...

Nineteen out of 23 CEF sectors are positive on price and 21 out of 23 sectors positive on NAV last week. THW rights offering concludes and was undersubscribed. GUT's and CLM/CRF's rights offerings commentary. IRR will liquidate in another Saba victory, while IID was successful...

As Q1 comes to an end, we take a look at the performance of the CEF market year-to-date. We also take a look at the key drivers of CEF discounts going forward. And focus, in particular, on how CEF performance is likely to pan out relative to open-end funds in the current environme...

Eagle Point Income Company (EIC) had declared $0.085/share monthly dividend, 6.3% increase from prior dividend of $0.08.Payable April 30; for shareholders of record April 12; ex-div April 9.Additionally, declared $0.085/share monthly dividend for May and June.Payable May 28; for sharehol...

The CEF market has put in very strong returns in the few months since our last update. We discuss some of the key themes driving the CEF market in the medium term. We also highlight a number of funds that we hold in our Income Portfolios: NMCO, DSL, NCV and others. For furth...

Many investors are suspicious of closed-end funds' apparently magical ability to buy assets whose "natural" yield is, for example, 6%, and pay distributions of, say, 9%. Is there some sort of alchemy at work here? Often when things seem "too good to be true," they are too good to be t...

Eagle Point Income Company Inc. (the “Company”) (NYSE:EIC) 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 $0.085 per share on its common stock, an in...

Eagle Point Income Company Inc. (the “Company”) (NYSE:EIC) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2020 prior to the opening of the financial markets on Tuesday, February 23, 2021. The Company will di...

Forgive my cheeky title, which applies to the author as much as to many readers. We're all on a learning curve here with more exotic asset classes like CLOs. Collateralized Loan Obligations (CLOs) can seem pretty complex, but stripped down to their essentials they are "virtual banks"....

Credit markets have performed very strongly over the back-end of 2020. Given this strength, some investors may be looking to protect gains, lower duration, improve the resilience of their portfolio or create some dry powder in their portfolios. We discuss a few options such as to ...