EIC News and Press, Eagle Point Income Company Inc. From 08/12/21

Who can blame OCCI for wanting to compete with the big kids in the CLO fund world, Eagle Point Credit and Oxford Lane Capital? So its 15% distribution yield tops the charts and looks pretty impressive. Until you read the fine print and see it's really a 3.75% cash payout and the r...

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 $0.12 per share on its common stock, an inc...

We review CEF market valuation and performance over the penultimate week of July and highlight recent events. The CEF market had a brief dip early in the week which provided a dress rehearsal for a larger future drawdown and echoed some historical patterns. We continue to favor fu...

We review CEF market valuation and performance over the past week and highlight recent events. CEF prices stalled in July on the back of lower risk sentiment driving discounts wider. We highlight the hybrid OCCI distribution, distribution rises in the Apollo credit funds, the rece...

We review CEF market valuation and performance over the past week and highlight recent events. We take a look at the pattern of the most recent drawdown in the CEF market. And discuss two CEF terminations, action in BlackRock coverage numbers, Eaton Vance tender offers and more. ...

With valuations tightening and a number of risks on the radar, it makes sense to take a margin-of-safety approach to income portfolios. In this margin-of-safety installment, we discuss allocating to fixed-income CEFs with a more stable historic income profile paired with a strong cove...

We review CEF market valuation and performance over the past week and highlight recent events. The CEF market is expensive, however you cut it. We take a look at select distribution changes, some weird action at quarter-end and discuss our stance. For further details see: ...

We take a look at the action in preferreds and baby bonds through the fourth week of June and highlight some of the key themes we are watching. Preferreds returns remain strong as the average price in the $25-par market has now reached $26. We maintain a tripartite allocation in t...

FSLF will liquidate in another Saba victory. The managers did not appear to put up much of a fight. Slight NAV drop towards expiry may be instructive for further liquidations. Former FSLF holders should expect to get paid from July 14, 2021. For further details see: ...

Yields have been trending lower over the past year across all types of income assets. We take a look at CEFs which feature high single-digit portfolio yields rather than just high distribution rates. We highlight different strategies investors can pursue in their search for these ...