"The Company had a solid start to the year, deploying nearly $200 million into new investments with compelling risk-adjusted returns." — Thomas P. Majewski, Chief Executive Officer.

Eagle Point Credit Company Inc. has increased its public offering of 7.00% Series AA and AB Convertible Perpetual Preferred Stock to 8 million shares at $25 each, aiming to raise $200 million in capital.

Eagle Point Institutional Income Fund is now available on the Schwab Alternative Investment OneSource platform, expanding investor access to its CLO-focused income strategy.

During the month of October 2024, the Fund completed its 28th consecutive monthly distribution payment, which represented a 10.2% annualized distribution rate.

Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC recently sold over $144,000 worth of ACRES Commercial Realty Corp.'s 8.625% Series C Preferred Stock, while ACRES also updated its financial performance and asset management strategies.

“By leveraging the strength of our Adviser’s investment platform, Eagle Point Institutional Income Fund has consistently provided investors with a reliable source of income,” said Thomas Majewski, the Fund’s Chairman and Chief Executive Officer, adding...

The Preferred Stock is perpetual and convertible by the holder into shares of the Company’s common stock or cash...

Eagle Point won 48% of the vote for “Best US CLO Equity Investor” and 42% of the vote for “Best US CLO Junior Debt Investor”.

Eagle Point Institutional Income Fund seeks to provide investors with an attractive income stream by investing primarily in diversified pools of senior secured loans called collateralized loan obligations (“CLOs”).