Eagle Point Income Co Inc Series A Pfd 2024年度报告

FORMN-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTEREDMANAGEMENT INVESTMENT COMPANIES Investment Company Act File Number:811-23384 Eagle Point Income Company Inc.(Exact name of registrant as specified in charter) 600 Steamboat Road, Suite 202Greenwich, CT 06830(Address of principal executive offices) (Zip code) Thomas P. Majewskic/o Eagle Point Income Company Inc.600 Steamboat Road, Suite 202Greenwich, CT 06830(Name and address of agent for service) Copies to Thomas J. FriedmannPhilip HinkleDechert LLPOne International Place, 40thFloor100 Oliver StreetBoston, MA 02110(617) 728-7120 Registrant’s telephone number, including area code:(203) 340-8500 Date of fiscal year end:December 31 Date of reporting period:December 31, 2024 Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission tostockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1).The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is notrequired to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget(“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing theburden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of informationunder the clearance requirements of 44 U.S.C. § 3507. The Annual Report to stockholders of Eagle Point Income Company Inc. (the “Company”) for the year ended December 31, 2024 is filed herewith. Eagle Point Income Company Inc.Annual Report – December 31, 2024 Table of Contents Letter to Stockholders and Management Discussion of Company Performance2Important Information about this Report and Eagle Point Income Company Inc.13Performance Data17Summary of Certain Unaudited Portfolio Characteristics18Fees and Expenses (Unaudited)21Consolidated Financial Statements for the Year Ended December 31, 2024 (Audited)23Price Range of Common Stock59Dividend Reinvestment Plan60Additional Information62 LETTER TO STOCKHOLDERS AND MANAGEMENT DISCUSSION OF COMPANY PERFORMANCE February 20, 2025 Dear Fellow Stockholders: We are pleased to provide you with the enclosed report of Eagle Point Income Company Inc. (“we,” “us,” “our” or the “Company”) forthe fiscal year ended December 31, 2024. The primary investment objective of the Company is to generate high current income, with a secondary objective to generate capitalappreciation. We seek to achieve these objectives by investing primarily in junior debt tranches of collateralized loan obligations(“CLOs”), with a focus on those rated BB – including those rated BB+, BB or BB- – or their equivalent. In addition, the Company mayinvest up to 35% of its total assets (measured at the time of investment) in CLO equity securities. We may also invest in other securitiesand instruments that are consistent with our investment objectives. The Company benefits from the specialized investment experience of Eagle Point Income Management LLC (“Eagle Point” or the“Adviser”), which applies its proprietary, private markets-style investment process to CLO investing. This process seeks to maximizereturns while mitigating risks. We believe the scale and experience of our Adviser and its affiliates in CLO investing provides theCompany with meaningful advantages. For the year ended December 31, 2024, the Company recorded an increase in net assets resulting from operations (inclusive of unrealizedmark-to-market gains) of $41.6 million, or $2.62 per weighted average common share.1This represents a GAAP return on common equityof 21.0% during the year.2From December 31, 2023 through December 31, 2024, the Company’s net asset value (“NAV”) increased 4.2%to $14.99 per common share from $14.39. During 2024, we: ●Paid $2.40 per share in cash distributions to our common stockholders, or 15.2% of our average stock price.●Recorded GAAP net investment income (“NII”) and realized capital gains of $2.11 per weighted average common share. Past performance is not indicative of, or a guarantee of, future performance. Please see page 11 for endnotes. ●Received strong and consistent recurring cash flows from the Company’s investment portfolio totaling $3.30 per share for theyear, in line with common stock distributions and expenses (excluding non-recurring items). ●Strengthened our balance sheet by issuing $35.0 million of 8.00% Series C Term Preferred Stock due 2029 (the “Series C TermPreferred Stock”), with proceeds deployed opportunistically into new CLO