Eagle Point Income Co

EIC

Market cap $266M

The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 8.7% yield and -7.5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.

The year is 2026, and the market (and macro) environment seem to be exactly the opposite of what is required for stress-free income. For prudent income investors, considering taking some risk off the table might be a good idea. But in most cases it comes at the cost of reduced income potential.

The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 9.25% yield and -7.5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.

Preferred equity offers stable income – senior to common stock. Mixing preferred and common equity amplifies the benefits of both. Term preferreds eliminate risk with a guaranteed maturity date.

EIC remains a unique closed-end fund focused on junior debt of collateralized loan obligations amid a volatile credit environment. EIC has proactively reduced its monthly distribution again, balancing lower cash flows with strategic share repurchases and preferred share redemptions to support NAV. The fund's approach, compared to peers like ECC and OXLC, has led to modest outperformance as EIC navigates CLO market disruptions and high-profile bankruptcies.

Eagle Point Credit offers attractive risk/reward on both common and preferred shares, supported by strong net investment income and robust asset coverage. EIC's preferred shares are well covered, with an asset coverage ratio of 285%, far exceeding the 200% regulatory minimum, enhancing their safety profile. The Series B preferred (EICB) yields 7.75% with a mandatory redemption by July 2028, trading near par and offering a 410 bps spread over Treasuries.

Eagle Point Income Co Inc (EIC) Q3 2025 Earnings Call Transcript

GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced financial results for the quarter ended September 30, 2025 and certain additional activity through October 31, 2025, declared distributions on shares of the Company's common and preferred stock and announced the full redemption of the Company's 7.75% Series B Term Preferred Stock. “EIC had a positive quarter, with NII fully covering our distributions and our NAV per s.

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 September 30, 2025, on Thursday, November 13, 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 Executive Officer, will host the call along with Lena Umnova, the Investment Adviser's Chief Accounting O.

Eagle Point Income Co Inc and its preferred stock EICC offer high yields and stable income, standing out in today's fixed income market. EICC provides an 8% annual cumulative distribution and 8.20% yield to maturity. EICC is rated a buy for its limited credit risk, high yield, and strong relative value versus peers, making it a compelling income investment.