Key Takeaways
- • Eagle Point Enhanced Income Trust, a continuously offered interval fund managed by Eagle Point Credit Management, reached its three-year anniversary with over $200 million in total assets as of September 30, 2026.
- • The Fund has generated an annualized net return of 10.1% since inception on October 14, 2023, through September 30, 2026, for Class AA shares, net of fees and expenses.
- • The Fund's annualized distribution rate is 11.3% per common share, with an annualized standard deviation of 4.5% since inception, according to the company.
- • The portfolio holds more than 100 investments across Regulatory Capital Relief, Asset-Backed Securities, Specialty Finance, Strategic Credit, Infrastructure Credit, Portfolio Debt Securities and CLOs.
- • The Fund is now distributed through CAIS and iCapital Marketplace, expanding access for financial advisors and wealth management platforms.
Summary
Eagle Point Credit Management LLC announced that Eagle Point Enhanced Income Trust (ticker: ENHIX) recently marked its three-year anniversary and now has more than $200 million in total assets, including available borrowings under a revolving credit facility, as of September 30, 2026. The company reports an annualized net return of 10.1% since the Fund's inception on October 14, 2023, based on Class AA shares. The figure reflects management and incentive fees and is derived from unaudited data, and the company notes that past performance does not guarantee future results.
The Fund's portfolio comprises more than 100 unique investments across specialized private credit areas, including Regulatory Capital Relief transactions, Asset-Backed Securities, Specialty Finance, Strategic Credit, Infrastructure Credit, Portfolio Debt Securities and Collateralized Loan Obligations. The company says this diversified approach has supported performance amid volatility and challenges facing many non-listed credit funds. The Fund reports an annualized distribution rate of 11.3% per common share, calculated on the most recently declared monthly distributions and the September 30, 2026 NAV, and excludes special distributions. Since inception, the Fund has recorded an annualized standard deviation of 4.5% and what the company describes as low correlation to broader credit markets.
The Fund is structured as a continuously offered interval fund registered under the Investment Company Act of 1940 and offers quarterly repurchases of at least 5% of outstanding shares at NAV, though repurchases are not guaranteed. The release describes the Fund as a long-term investment rather than a trading vehicle, and it notes that the Fund uses leverage and invests primarily in below-investment-grade or unrated securities.
Thomas Majewski, Chairman and Chief Executive Officer of the Fund, said the goal at launch was to give investors access to Eagle Point's differentiated private credit strategies through a single multi-strategy approach, and that the Fund seeks investments with strong downside protection and equity-like upside. Joseph Roth, President of Eagle Point Securities, said the company sees significant opportunity to expand its presence in the private wealth market. Eagle Point, founded in 2012 with Stone Point Capital, manages $14 billion for institutional and retail investors.
The Fund's portfolio comprises more than 100 unique investments across specialized private credit areas, including Regulatory Capital Relief transactions, Asset-Backed Securities, Specialty Finance, Strategic Credit, Infrastructure Credit, Portfolio Debt Securities and Collateralized Loan Obligations. The company says this diversified approach has supported performance amid volatility and challenges facing many non-listed credit funds. The Fund reports an annualized distribution rate of 11.3% per common share, calculated on the most recently declared monthly distributions and the September 30, 2026 NAV, and excludes special distributions. Since inception, the Fund has recorded an annualized standard deviation of 4.5% and what the company describes as low correlation to broader credit markets.
The Fund is structured as a continuously offered interval fund registered under the Investment Company Act of 1940 and offers quarterly repurchases of at least 5% of outstanding shares at NAV, though repurchases are not guaranteed. The release describes the Fund as a long-term investment rather than a trading vehicle, and it notes that the Fund uses leverage and invests primarily in below-investment-grade or unrated securities.
Thomas Majewski, Chairman and Chief Executive Officer of the Fund, said the goal at launch was to give investors access to Eagle Point's differentiated private credit strategies through a single multi-strategy approach, and that the Fund seeks investments with strong downside protection and equity-like upside. Joseph Roth, President of Eagle Point Securities, said the company sees significant opportunity to expand its presence in the private wealth market. Eagle Point, founded in 2012 with Stone Point Capital, manages $14 billion for institutional and retail investors.
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