EIC News and Press, Eagle Point Income Company Inc. From 10/18/21

Eagle Point Income Company Inc. (the “Company”) (NYSE:EIC) today announced that it has commenced an underwritten public offering of its Series A Term Preferred Stock (the “Preferred Stock”). The public offering price and other terms are to be determined by ne...

EIC recently increased its distribution by 33%, boosting its yield to over 8% (although the market has since bid the price up and yield down to 7.8%). Yields like a high-yield bond fund, but with a less risky portfolio. Sustainable distribution from its Net Investment Income, even...

We review CEF market valuation and performance over the last week of September and highlight recent market events. After a string of positive returns, the CEF space finished September in the red as both NAVs and discounts moved lower with shorter-duration credit sectors outperforming....

We review CEF market valuation and performance over the third week of September and highlight recent market events. We discuss a few considerations for investors sitting on large CEF capital gains who are getting nervous. And highlight a few market developments such as Blackstone ...

We review CEF market valuation and performance over the first short week of September and highlight recent market events. Discounts continue to move sideways even as NAVs keep edging higher. Distribution cuts in the PIMCO suite have highlighted the gap between fund distribution ra...

We take a look at the action in preferreds and baby bonds through the last full week of August and highlight some of the key themes we are watching. August has delivered another ho-hum month driven by the struggle of Treasury yields and credit spreads to push even lower from their ove...

The last two years have seen sharp moves in interest rates across the entire yield curve, causing significant shifts in CEF income. We discuss the various channels through which changes in interest rates can affect CEF income. And dispel a number of myths we hear often among the i...

We review CEF market valuation and performance over the third week of August and highlight recent market events. August has delivered fairly flat returns so far with CEF sectors following the moves in major asset classes. We highlight some of the hazards investors should watch out...

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC) today announced financial results for the quarter ended June 30, 2021, net asset value (“NAV”) as of June 30, 2021 and certain additional activity through July 31, 2021. SECOND QUARTER 2021 HIG...

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...