Eagle Point Income Company Inc Stock News

GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ended March 31, 2025, on Wednesday, May 28, 2025. The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time). Thomas P. Majewski, Chairman and Chief Ex...

April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trades to de-risk my portfolio. There were 2 corporate actions in the last month that also saw two more positions removed from my CEF portfolio, but overall, I was a net buyer for the month.

I recommend Eagle Point Income Company Inc.'s term preferred stocks (EICB and EICC) over iShares iBonds ETFs for higher current income and better value. EIC term preferreds offer attractive yields and are protected by a 200% asset coverage rule, minimizing default risk. iShares iBonds ETFs provide diversified high-yield bond exposure but face reinvestment risk and potential defaults, impacting ...

EIC invests mainly in junior debt of CLOs, offering higher yields with managed risk, and has outperformed ECC with stable NAV and distribution sustainability. EIC focuses on broadly syndicated loan CLOs, which are more liquid and transparent, while selectively investing in higher-risk CLO equity. The CLO market is robust, with private credit funds growing rapidly, potentially benefiting BSL CLO...

The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns durin...

Eagle Point Income Co Inc. offers a 15.8% yield by investing in junior CLOs and using leverage, but this comes with significant risks. The fund's distribution sustainability is questionable, as it has relied on unrealized gains to cover payouts in recent years. Lower interest rates and economic downturns pose substantial risks to the fund's income and distribution stability.

CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions.

Eagle Point Income is a buy despite recent drops, driven by external factors and market volatility from the new US administration. CLOs bundle low-rated loans, offering different risk levels; EIC invests in the BB tranche, focusing on corporate debt. EIC's portfolio is diversified across 1,466 obligors, primarily in the tech and healthcare sectors, with a forward yield of 16%.