Eagle Point Income Company
Eagle Point Income Company is a NYSE-listed closed-end fund (EIC) that invests primarily in junior debt tranches of CLOs to generate high current income for retail, high-net-worth, and institutional investors, managed by affiliates of the $14 billion AUM Eagle Point platform.
- Company typePublic
- Founded2018
- HeadquartersGreenwich, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Eagle Point Income Company does
Eagle Point Income Company Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940 and traded on the New York Stock Exchange under the ticker symbol EIC. Its primary investment objective is to generate high current income, with a secondary objective of capital appreciation, pursued by investing primarily in junior debt tranches of Collateralized Loan Obligations (CLOs) and up to 35% of total assets in CLO equity securities. The fund's portfolio is exposed to senior secured, floating-rate loans across more than 1,401 unique corporate borrowers as of December 31, 2025, and is externally managed by Eagle Point Income Management LLC, an affiliate of Eagle Point Credit Management LLC, which together oversee approximately $14 billion in platform AUM. The fund advertises a 13% yield, though third-party analysis (Seeking Alpha) indicates sub-3% annual total returns since 2023 against a roughly 6% annualized expense ratio.
The company's product suite includes NYSE-listed common stock (EIC), the 5.0% Series A Term Preferred Stock (EICA) maturing October 2026, and the newly launched 6.00% Series AA and AB Convertible Perpetual Preferred Stock (priced at $25 per share with $2,500 minimums), the latter following the redemption of the 7.75% Series B (December 2025) and 8.00% Series C (April 2026) term preferreds. Distribution occurs through NYSE brokerage access, direct public offerings of preferred stock settled twice monthly via direct and DTC channels, a dividend reinvestment plan (DRIP) administered by American Stock Transfer & Trust Company, and an investor relations contact at [email protected]. The company is headquartered at 600 Steamboat Road, Suite 202, Greenwich, CT, and is led by Chairman and CEO Kevin F. McDonald, with CFO/COO Kenneth P. Onorio and Chief Compliance Officer Nauman Malik. Stone Point Capital has been a co-founder and financial backer of the broader Eagle Point platform since 2012.
Eagle Point Income Company firmographics
Firmographics- Name
- Eagle Point Income Company
- Legal name
- Eagle Point Income Company Inc.
- Website
- https://eaglepointincome.com
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Eagle Point Income Company is a NYSE-listed closed-end fund (EIC) that invests primarily in junior debt tranches of CLOs to generate high current income for retail, high-net-worth, and institutional investors, managed by affiliates of the $14 billion AUM Eagle Point platform.
- Ownership category
- akta.pro rank
Eagle Point Income Company industry classification
Industry- Product category
- Closed-End Investment Fund (CLO-Focused)
- NAICS
- Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Asset-Backed Securities (6189), Investment Advice (6282)
- akta.pro primary industry
- Collateralized Loan Obligations (CLO) (FSACACAC)
- akta.pro secondary industries
- Leveraged Loans & CLOs (FSAAAHAF), Private Credit — Structured Credit (CLOs, ABS, Private Securitizations) (FSAHAJAH)
Keywords
Where Eagle Point Income Company is headquartered
LocationHeadquarters
- HQ city
- Greenwich
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Eagle Point Income Company business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others
Revenue model
- Investment Income from CLO Portfolio: The company generates income primarily through interest income earned on its CLO junior debt tranche investments and CLO equity securities. The portfolio generates recurring cash distributions from CLO investments, with Q1 2026 generating $14.3 million in recurring cash distributions from the CLO portfolio.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | 6% Convertible Perpetual Preferred Stock Series AA and AB |
| Unit Pricing | Monthly | Common Stock Distributions |
| Unit Pricing | Monthly | 5.0% Series A Term Preferred Stock (EICA) |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Eagle Point Income Company product offering
Product offeringCore offering
Eagle Point Income Company Inc. is a closed-end management investment company that invests primarily in junior debt tranches of Collateralized Loan Obligations (CLOs), with up to 35% of total assets permitted in CLO equity securities, to generate high current income and capital appreciation for its stockholders. It offers NYSE-listed common shares (EIC), multiple series of preferred stock (term and convertible perpetual), a Dividend Reinvestment Plan, and direct public offerings of convertible perpetual preferred stock settled twice monthly, while being externally managed by Eagle Point Income Management LLC.
Product overview
Eagle Point Income Company Inc. is a closed-end management investment company that trades on the NYSE under symbol EIC. The company offers a diversified portfolio of investment products including common stock, multiple series of preferred stock (both term and convertible perpetual structures), and specialized CLO-focused investment strategies. The core investment strategy focuses on generating high current income through investments in junior debt tranches of CLOs, with up to 35% allocation to CLO equity securities. The company's product suite includes exchange-listed common and preferred securities as well as direct investment offerings in convertible perpetual preferred stock with 6% monthly dividends.
Differentiator
Problem solved
Functional benefit
Products and services
- Common Stock (NYSE: EIC) Publicly traded common stock listed on the NYSE under symbol EIC, representing the primary vehicle for generating high current income and capital appreciation through investments in junior debt tranches of CLOs. Available to retail and institutional investors through any brokerage account.
- 6.00% Convertible Perpetual Preferred Stock (Series AA and AB) Convertible perpetual preferred stock with a 6% fixed dividend rate paid monthly, convertible into common stock or cash. Investment grade rated BBB by Egan-Jones with tiered liquidity options (Series AA: 8% early-redemption fee declining to 0% over 5 years; Series AB: 3-month dividend clawback in year 1). Offered at $25 per share with $2,500 minimum initial investment and $500 subsequent.
- 5.0% Series A Term Preferred Stock (NYSE: EICA) NYSE-listed term preferred stock with 5.0% coupon, scheduled to mature in October 2026. Trades on NYSE under symbol EICA with an approximate 5.37% yield and approximately 5.3x asset coverage ratio.
- Dividend Reinvestment Plan (DRIP) Automatic dividend reinvestment service for registered common and preferred stockholders with at least one full share; preferred stock DRIP offers 5% discount to stated value. Distributions are reinvested in additional shares, with administration handled by American Stock Transfer & Trust Company, LLC as DRIP Agent.
Quantifiable outcome
- $14.3 million in recurring cash distributions from CLO portfolio in Q1 2026
- +1 more outcomes
Companies that use Eagle Point Income Company
Customer profileSegments2 records
Ideal customer profiles2 records
Eagle Point Income Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Eagle Point Income Company partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- American Stock Transfer & Trust Company, LLCsupportingDRIP Agent - handles automatic reinvestment of distributions on common stock into additional shares of common stock for enrolled stockholders.
Scale indicators6 records
Recent moves5 records
Expansion highlights4 records
Eagle Point Income Company competitors and assessment
Company assessmentDirect peers
- Eagle Point Credit Company: Eagle Point Credit Company Inc. (NYSE: ECC) is the direct sister fund of EIC, externally managed by the affiliated Eagle Point Credit Management LLC. Both invest primarily in CLO securities with closely aligned strategies, share the same senior investment team, and jointly contribute to the $14B platform AUM—making ECC the single most directly comparable peer.
- Oxford Square Capital Corp: Oxford Square Capital Corp. (NASDAQ: OXSQ) is a publicly traded closed-end management investment company focused primarily on CLO equity and CLO debt investments. It targets similar high-yield, leveraged-loan-adjacent returns for both retail and institutional investors, making it one of the closest publicly traded CLO specialists.
- Carlyle Credit Income Fund: Carlyle Credit Income Fund (NYSE: CCIF) is a closed-end fund focused on investing in CLO debt and equity, structured similarly to EIC with monthly distributions and a NYSE listing. The Carlyle sponsorship and scale place it as a direct competitor for the same CLO-primary allocations.
- Great Elm Capital Corp: Great Elm Capital Corp (NASDAQ: GECC) is a specialty finance/closed-end fund with material CLO equity exposure and similar distribution-driven investor proposition. Its externally-managed structure and CLO concentration make it directly comparable to EIC.
- RiverNorth Capital and Income Fund: RiverNorth Capital and Income Fund, Inc. (NYSE: RIV) invests primarily in CLO debt and equity and uses a managed distribution policy, mirroring EIC's structure and target investor base. Both target retail and institutional investors looking for CLO-driven current income via a listed fund.
- Saratoga Investment Corp: Saratoga Investment Corp (NYSE: SAR) is a BDC with significant CLO-related investments and senior-secured floating-rate loan exposure, providing comparable credit and yield exposure to EIC while operating under a different (BDC) regulatory wrapper.
Broad incumbents
- BlackRock Floating Rate Income Trust: BlackRock Floating Rate Income Trust (NYSE: BGT) is a broad incumbent in CLO and floating-rate loan investing, offering retail investors comparable exposure through a closed-end fund structure. As a BlackRock-managed product, it has substantially broader scale and distribution.
- Tortoise Capital Advisors (CLO/credit funds): Tortoise Capital Advisors manages multiple listed closed-end funds (e.g., TIFF, TYG family) with credit and securitized-product exposure overlapping EIC's CLO strategy. Tortoise offers the same retail-accessible, distribution-paying structure but spans broader fixed-income categories.
- KKR Income Opportunities Fund: KKR Income Opportunities Fund seeks current income through leveraged credit including CLO and loan exposures, backed by KKR's alternatives platform scale. Comparable to EIC in CLO/credit narrative, but with substantially larger scale and broader credit mandate.
- Kayne Anderson BDC: Kayne Anderson BDC, Inc. (NYSE: KBDC) and adjacent Kayne closed-end credit vehicles offer income-oriented investors floating-rate loan and CLO exposure via listed fund structures. While a BDC wrapper differs from EIC's 1940 Act closed-end structure, the underlying credit/loan focus and target investor overlap make it relevant.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Eagle Point Income Company social profiles
Digital presenceEagle Point Income Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eagle Point Income Company leadership team
Management profileNumber of profiles
Profiles9 records
Eagle Point Income Company subsidiaries and ownership
Company hierarchySubsidiaries3 records
Eagle Point Income Company funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eagle Point Income Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eagle Point Income Company
What does Eagle Point Income Company do?
Eagle Point Income Company Inc. is a closed-end management investment company that invests primarily in junior debt tranches of Collateralized Loan Obligations (CLOs), with up to 35% of total assets permitted in CLO equity securities, to generate high current income and capital appreciation for its stockholders. It offers NYSE-listed common shares (EIC), multiple series of preferred stock (term and convertible perpetual), a Dividend Reinvestment Plan, and direct public offerings of convertible perpetual preferred stock settled twice monthly, while being externally managed by Eagle Point Income Management LLC.
Is Eagle Point Income Company a public or private company?
Eagle Point Income Company is a public company. It is classified as public and is currently operating.
When was Eagle Point Income Company founded?
Eagle Point Income Company was founded in 2018. It employs 501 to 1,000 people.
Where is Eagle Point Income Company based?
Eagle Point Income Company is headquartered in Greenwich, United States, in the North America region.
How does Eagle Point Income Company make money?
One revenue line is on record: investment Income from CLO Portfolio.
Who are Eagle Point Income Company's main competitors?
Direct peers on record are Eagle Point Credit Company, Oxford Square Capital Corp, Carlyle Credit Income Fund, Great Elm Capital Corp, RiverNorth Capital and Income Fund and Saratoga Investment Corp. Broad incumbents are BlackRock Floating Rate Income Trust, Tortoise Capital Advisors (CLO/credit funds), KKR Income Opportunities Fund and Kayne Anderson BDC.
Does Eagle Point Income Company have an API?
No public API is recorded for Eagle Point Income Company.
What industry is Eagle Point Income Company in?
Eagle Point Income Company's product category is Closed-End Investment Fund (CLO-Focused). Its primary akta.pro industry code is FSACACAC, Collateralized Loan Obligations (CLO), with a secondary code of FSAAAHAF, Leveraged Loans & CLOs. Its NAICS code is 523940 and its SIC code is 6189.