The Second Income Stream

The Second Income Stream

Share this post

The Second Income Stream
The Second Income Stream
4 Anchor Funds on My Buy List

4 Anchor Funds on My Buy List

I’m looking to build out these tier 1 positions.⚓️

Gerald Peters - @fullauto11's avatar
Gerald Peters - @fullauto11
Apr 29, 2025
∙ Paid
40

Share this post

The Second Income Stream
The Second Income Stream
4 Anchor Funds on My Buy List
4
4
Share

Hey, MFG!!🤘

YES! YES! YES!👏👏

The markets have been on fire and the major three indexes are in stage 2 breakouts here!!

Now that the market is showing strength, I’m buying four of my favorite anchor funds—core positions that form the foundation of a scalable, dividend-powered income stream.

Along with participating in Cornerstone’s Rights Offering (RO) next month, I also want to build out these other anchor funds.

They’re built for monthly income, long-term durability, and dividend compounding.

These Tier 1 funds now make up at least 50% of my Second Income Stream portfolio, forming the base for reliable, sustainable cash flow and growth.

Let’s break down each one and why I’m buying now.

Always remember, whatever you think about comes about, whatever you focus on grows. - GP 🐼


4 Anchor Funds on My Buy List

Here are the four tier 1 anchor funds I’m looking to accumulate this week and a detailed overview of each fund.

1. Eagle Point Income Company Inc (EIC)

Eagle Point Income Company Inc EIC 0.00%↑ is trading in a stage 1 accumulation below its 200-day SMA.

EIC is a closed-end fund (CEF) focused on debt tranches of collateralized loan obligations (CLOs)—a powerful source of high-yield income.

What is a CLO?

A CLO is like a big bundle of loans made to companies, usually businesses with below-investment-grade credit(meaning they’re riskier borrowers). These loans are packaged together and sold to investors as CLOs—kind of like how a bank bundles mortgages into mortgage-backed securities.

What is a Debt Tranche?

A tranche (French for “slice”) is a piece of a CLO.

CLOs are divided into different risk levels, called tranches:

  • Senior tranches (safer, lower yield, paid first)

  • Mezzanine tranches (moderate risk/yield)

Unlike equity-focused CLO funds, EIC targets the more senior, secured layers, providing a balance between attractive yield and relative stability.

The fund offers a monthly distribution with a double-digit yield, making it a reliable building block for steady cash flow in the Second Income Stream.

With careful credit management and floating rate exposure, EIC is positioned to thrive in today’s higher interest rate environment.

LINK to EIC website

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Gerald Peters - @fullauto11
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share