SCHEDULE: Karpus Management Discloses Eagle Point Income Stake

Karpus Management, Inc. has filed a Schedule 13G, reporting beneficial ownership of 2.99% of Eagle Point Income Co Inc.'s preferred securities as of March 31, 2026.

Summary

• Karpus Management, Inc. (Karpus) has filed a Schedule 13G, indicating its beneficial ownership of Eagle Point Income Co Inc. preferred securities.
• As of March 31, 2026, Karpus beneficially owns 169,986.00 shares of the preferred stock.
• This ownership represents 2.99% of the total class of securities.
• Karpus exercises sole voting power and sole dispositive power over these shares.
• Karpus is a registered investment adviser and is controlled by City of London Investment Group plc (CLIG), but operates independently due to established informational barriers.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by an investment manager and does not contain operational or financial performance data.

Positives

• Karpus Management, Inc. has a significant stake, representing 2.99% of the preferred securities.
• Karpus exercises full control over voting and disposition of its holdings, indicating clear investment strategy.
• The filing confirms Karpus operates independently from its parent company, CLIG, ensuring autonomous investment decisions.

Risks

• The filing does not explicitly mention any risks associated with the investment or the company's performance.

Future Outlook

No specific future outlook or guidance is provided in this Schedule 13G filing, as it pertains to reporting beneficial ownership.

Management Comments

• "This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management ('Karpus' or the 'Reporting Person')."
• "Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940."
• "Karpus is controlled by City of London Investment Group plc ('CLIG'), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG."
• "The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard for institutional investors crossing certain ownership thresholds, indicating a passive investment approach rather than an attempt to control the company. Karpus Management's filing for Eagle Point Income Co Inc. is typical for an investment adviser managing client assets.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant institutional investor's stake, which can influence market perception.
• Management of Eagle Point Income Co Inc.: The filing confirms Karpus's passive investment approach, suggesting no immediate intent to influence control.
• Karpus Management Clients: The filing confirms that the securities are held in accounts managed by Karpus, aligning with their investment advisory role.

Next Steps

• Karpus Management will continue to manage the accounts holding these securities in the ordinary course of business.

Key Dates

Keywords

Schedule 13G, Karpus Management, Eagle Point Income Co Inc., Preferred Securities, Beneficial Ownership, Investment Adviser, SEC Filing, CLIG