EIIA - Eagle Point Institutional Income Fund

What this means for you

One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

The investor's notice itself does not require anything from you; the fund's own announcement above does - by the date shown. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Separately, the fund itself has announced a buy-back - see the box above for what to do and by when.

Email me if this changes

What happened, and when

1. 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 →

2. July 17, 2026

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

   Original document →

3. 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 →

4. April 17, 2026

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

   Original document →

5. Feb 27, 2026

   The fund is holding its regular quarterly buy-back: up to 5% of shares at the value of the holdings, until March 27, 2026.

   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 →
• Payouts: last fiscal year the fund told the regulator that all of what it paid out came from income. 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. Over the last 12 months: -22.6%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 2021.

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 →