EIIA Preferred Stock — Eagle Point Institutional Income Fund 8.125% Series A Term Preferred Shares due 2029

Eagle Point Institutional Income Fund 8.125% Series A Term Preferred Shares due 2029 (EIIA)

Updated November 6, 2026.

EIIA is a preferred stock. Its distribution rate is 8.18%, its trailing-12-month yield is 8.16%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Total return is 18.0% over the past 2.1 years, 12.2 points behind SPY at 30.2%.

Eagle Point is a collateralized loan obligation (CLO) manager that issued this Series A term preferred share, which has a stated coupon of 8.125% and is scheduled to mature in 2029. The security distributes monthly and currently carries a high distribution rate. This preferred share appeals to income investors seeking regular monthly payments and a defined maturity date, though preferred shares carry greater credit risk than senior securities and the issuer's ability to maintain distributions depends on CLO performance.

EIIA performance versus SPY

As of Nov 5, 2026

Total return is 18.0% over the past 2.1 years, 12.2 points behind SPY at 30.2%. Over the past year its total return — price change plus distributions reinvested — is 7.0%. Its deepest 1-year drawdown was 1.8%.

EIIA key facts

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

7.77%

Issuer

Eagle Point

Asset type

Preferred Stock

Asset class

Equity

Inception date

10/10/2024

Distribution rate

8.18%

Distribution frequency

Monthly

Trailing yield

8.16%

Last close

$24.84 (as of 2026-11-06)

Average volume

2,789

Dividend

$0.16927

Ex-dividend date

11/10/2026

Payment date

11/30/2026

How Dividend Vision calculates yield and returns

Distribution rate (8.18%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (8.16%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Eagle Point; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

EIIA risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.8%.

Who may consider EIIA — and who may not

EIIA may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on EIIA

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Tagged: CLO, Fixed Income, Preferred Stock, Dividend.

Frequently asked questions

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