Eagle Point Institutional Income Fund Series A Pfd 2025年度报告

FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTEREDMANAGEMENT INVESTMENT COMPANIES Investment Company Act File Number:811-23758 EAGLE POINT INSTITUTIONAL INCOME FUND(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 INSTITUTIONAL INCOME FUND600 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, 2025 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 CFR270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymakingroles. A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant isnot required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Managementand Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and anysuggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB hasreviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507. The Annual Report to shareholders of Eagle Point Institutional Income Fund (the “Company”) for the year ended December 31, 2025 is filed herewith. Eagle Point Institutional Income FundAnnual Report Table of Contents Management Discussion of Fund Performance February 25, 2026 Dear Fellow Shareholders: We are pleased to provide you with the enclosed report of Eagle Point Institutional Income Fund (“we,” “us,” “our” or the “Fund”) for the year ended The Fund is a closed-end management investment company registered under the Investment Company Act of 1940, as amended, and is advised byEagle Point Credit Management LLC (the “Adviser” or “Eagle Point”). The Fund is organized as a Delaware statutory trust and offers its commonshares of beneficial interest (“Shares”) to investors on a continuous basis at the Fund’s net asset value (“NAV”) per share plus any applicable sales load.The Fund’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. We seek toachieve these objectives by investing primarily in equity and junior debt tranches of collateralized loan obligations (“CLOs”). We may also invest inother securities or instruments that are related investments or that are consistent with our investment objectives. As of December 31, 2025, the Adviser and its affiliates manage $14 billion on behalf of principally institutional clients.1The Adviser formed the Fundin 2022 to provide retail investors with access to institutional credit investment strategies in a continuously offered, SEC-registered and non-tradedformat. Performance Highlights The Fund aims to provide shareholders with a stable distribution rate each month. Since the Fund’s inception through December 31, 2025, the Fund haspaid aggregate distributions to shareholders of $3.34 per share, which equals a strong 13.3% annualized distribution rate.2We have been able togenerate these distributions due to the resilient cash flows generated from the Fund’s CLO equity portfolio and related credit investments. The Fund’sconsistent distributions during the year reflected its practice of providing shareholders with a stable distribution rate each month. This practice had nomaterial impact on the Fund’s investment strategies during the fiscal year. If the Fund’s distributions had been higher or lower, the Fund’s NAV wouldhave declined or increased (respectively), as a result. Highlights for the fiscal year ended December 31, 2025 include: ●During the year, the Fund paid a total of $0.996 per share in monthly distributions, resulting in an annualized distribution rate of 13.9%.December 2025 marked our 42nd consecutive monthly distribution to shareholders.2●The Fund’s CLO equity portfolio generated steady and robust cash flows, annualizing to a 29.0% cash-on-cash return.3●As of December 31, 2025, the Fund’s total assets, plus available borrowings under a committed revolving credit facility, were $215 million.The Fund’s growth has been supported by consistent capital inflows through sales of the Fund’s shares and reinvestment of distributions,totaling $58 million for the full