Karpus Management Reduces Stake in Eagle Point Income Co Inc. to 1.76%
Karpus Management, Inc. (d/b/a Karpus Investment Management) filed an amendment to its Schedule 13G on April 7, 2026, regarding its holdings in Eagle Point Income Co Inc. (EIC). The filing indicates that as of March 31, 2026, the reporting person holds 100,141 shares of Preferred stock, representing a 1.76% ownership stake. This is a significant decrease from the previously reported 3.82% ownership interest. Karpus Management, Inc. maintains sole voting and dispositive power over all 100,141 shares. The reporting person is a New York-based investment adviser controlled by City of London Investment Group plc (CLIG). However, due to established informational barriers, Karpus exercises independent investment power. The filing confirms that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. Consequently, as the ownership level has fallen below the 5% threshold, this filing serves to document the reduced position.