CEF Weekly Review: Some Funds Are Locking In High Leverage Costs [Seeking Alpha]
Eagle Point Income Company Inc. (EIC)
Company Research
Source: Seeking Alpha
CEFs had an off week as stocks and Treasuries fell, but March was the best month of the year so far. CLO CEFs are locking in relatively high leverage costs, which will push their net income levels lower over the next couple of years as the Fed cuts rates. Pioneer Muni CEFs hiked distributions. I do much more than just articles at Systematic Income: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund [CEF] market activity from both the bottom-up - highlighting individual fund news and events - as well as the top-down - providing an overview of the broader market. We also try to provide some historical context as well as the relevant themes that look to be driving markets or that investors ought to be mindful of. This update covers the period through the first week of April. Be sure to check out our other weekly updates covering the busines
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High impacting Eagle Point Income Company Inc. news events
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EIC
News
- EICC: New Preferred Equity From This CEF [Seeking Alpha]Seeking Alpha
- Eagle Point Income: A Less Risky CLO Alternative To ECC [Seeking Alpha]Seeking Alpha
- Eagle Point Income Company Inc. Prices Offering of Preferred StockBusiness Wire
- Eagle Point Income Company Inc. Announces Offering of Preferred StockBusiness Wire
- Eagle Point Income: Common Shares Yield 15%, 7.5% Yield On Preferred Shares [Seeking Alpha]Seeking Alpha
EIC
Sec Filings
- 4/25/24 - Form 424B3
- 4/15/24 - Form 497AD
- 4/11/24 - Form 8-K
- EIC's page on the SEC website