EIIA - Eagle Point Institutional Income Fund

What this means for you

None of the investors we follow has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.

Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.

Email me if this changes

What happened, and when

1. Oct 22, 2026

   The buy-back ended; the fund paid $5.34 a share.

   Original document →

2. Aug 27, 2026

   The fund is holding its regular quarterly buy-back: up to 5% of shares at the value of the holdings, until Sept 25, 2026.

   Original document →

3. July 17, 2026

   The buy-back ended; the fund paid $5.71 a share.

   Original document →

4. May 28, 2026

   The fund is holding its regular quarterly buy-back: up to 5% of shares at the value of the holdings, until June 26, 2026.

   Original document →

5. April 17, 2026

   The buy-back ended; the fund paid $5.49 a share.

   Original document →

About this fund

• Run by Eagle Point Credit Management LLC. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Size: about $112 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 41% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. About 83% of that is money the fund has borrowed by selling preferred shares. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 4.8% a year in management fees; 12.8% a year in total, including interest on borrowed money. Fiscal year ended Dec 31, 2025. As of Dec 31, 2025, from the fund's yearly report. Original document →
  Among the 90 funds we follow that invest in bonds, 87 charge a lower management fee and 86 charge less in total, at their last yearly reports. Both numbers are measured against the fund's own money, not the money it borrows on top, so a fund that borrows more shows higher costs on both counts.
• Payouts: last fiscal year the fund told the regulator that all of what it paid out came from income. Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Value of holdings per share at the last fiscal year end (Dec 31, 2025): $7.15. As of Dec 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: up 8.8% over the last three months we have (April-June 2026), before the share price is taken into account. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 2021.

What a holder made

• The holdings over the last twelve months we have, to June 30, 2026: -22.6%. The quarterly reports carry no share price, so this is the holdings alone; the yearly report, once filed and read, adds what the shares returned. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.

Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.

What the fund holds

Mostly asset-backed bonds (79%), the rest loans and preferred shares. About 23% issued in the U.S.

1. Nexus Apex Holdings, LLC, Senior Secured Loan - 12.3%
2. CIFC Funding 2025-II, Ltd., Income Note - 3.2%
3. AMMC CLO 30, Limited, Subordinated Note - 3.1%
4. CIFC Funding 2023-I, Ltd., Income Note - 3.1%
5. CIFC Funding 2025-V, Ltd., Income Note - 2.9%
6. Alp Cfo 2025, L.P., Subordinated Note - 2.8%
7. AMMC CLO 31, Limited, Subordinated Note - 2.8%
8. Carlyle US CLO 2021-9, Secured Note - Class E-R - 2.8%
9. Neuberger Berman Loan Advisers CLO 43, Ltd., Secured Note - Class E-R - 2.6%
10. Lake George Park CLO, Ltd., Income Note - 2.6%

As of June 30, 2026, from the fund's quarterly holdings report. Original document →