SCHEDULE: Karpus Management Boosts Stake in Eagle Point Preferred

Karpus Management, Inc. has reported an increased beneficial ownership of 6.63% in Eagle Point Income Co Inc.'s Preferred shares as of December 31, 2025.

Summary

• Karpus Management, Inc., operating as Karpus Investment Management, filed an Amendment No. 7 to Schedule 13G.
• The filing indicates beneficial ownership of 173,736.00 shares of Eagle Point Income Co Inc.'s Preferred stock.
• This ownership represents 6.63% of the total class of Preferred securities.
• Karpus Management, Inc. holds sole voting power and sole dispositive power over all 173,736 shares.
• The event date requiring this filing was December 31, 2025.
• Karpus Management, Inc. is a registered investment adviser and maintains informational barriers with its controlling entity, City of London Investment Group plc.

Sentiment

Score: 6

Explanation: The filing indicates a significant passive institutional stake in the issuer's preferred shares, which can be viewed as a positive signal of confidence from a registered investment adviser, though it provides no operational or financial performance details.

Positives

• Karpus Management, Inc., a registered investment adviser, holds a significant passive stake (6.63%) in the Preferred shares, which can be interpreted as institutional confidence in the security.

Management Comments

• Karpus Management, Inc. certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely related to a nomination under Rule 14a-11.

Industry Context

This Schedule 13G filing reflects a passive institutional investment by a registered investment adviser. Such filings are routine for large asset managers reporting significant stakes in publicly traded securities, indicating a standard portfolio allocation rather than an activist position.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by Karpus Management, Inc. may provide a degree of validation or perceived stability for other investors in Eagle Point Income Co Inc.'s Preferred shares.

Key Dates

Recommendation

This Schedule 13G filing primarily reports a passive institutional ownership stake by Karpus Management, Inc. in Eagle Point Income Co Inc.'s Preferred shares. While the significant stake (6.63%) by a registered investment adviser can be interpreted as a vote of confidence, the filing itself does not contain financial performance data, strategic updates, or other information typically used to make a 'buy' or 'sell' recommendation. Therefore, based solely on this filing, a 'hold' recommendation is appropriate, pending further fundamental analysis of the company's financial health and prospects.

Keywords

Eagle Point Income Co Inc., Preferred stock, Karpus Management, Inc., Schedule 13G, beneficial ownership, investment adviser, institutional investor