RISKS AND OTHER CONSIDERATIONS

Eagle Point Enhanced Income Trust (the “Fund”) is a non-diversified, closed-end management investment company.

Investors should consider their investment goals, time horizons and risk tolerance before investing in the Fund. Investors should also consider the Fund’s investment objectives, risks, charges and expenses carefully before investing in securities of the Fund.

Shares of the Fund are not traded on an exchange and therefore Fund shares have no liquidity.

The investment program of the Fund is speculative and entails substantial risk, including the possible loss of principal. There can be no assurance that Fund’s investment objectives will be achieved. An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle. Investors could lose some or all of their investment. Past performance is not indicative of, or a guarantee of, future performance.

The Fund utilizes leverage. Leverage involves the use of various financial instruments or borrowings in an attempt to increase the return of an investment. The use of leverage involves risk, including the potential for higher volatility and greater declines of the Fund’s NAV, and fluctuations of dividends and other distributions paid by the Fund.

The Fund invests primarily in credit and credit-related instruments and derivatives. Such investments generally fluctuate in value based upon broader market factors, such as changes in interest rates, and also based on developments affecting the perceived creditworthiness and ability of the borrower to repay the principal and interest owed with respect to the underlying indebtedness. If a credit investment in our portfolio declines in price and/or fails to pay interest or principal when due because the issuer or debtor, as the case may be, experiences a decline in its financial status, our NAV and/or income would be adversely impacted.

The Fund’s filings with the Securities and Exchange Commission (“SEC”) contain information about the Fund’s investment objectives, risks, charges and expenses as well as other information about the Fund. These filings should be read carefully before investing. The Fund’s filings with the SEC may be found on the SEC’s website (www.sec.gov).

This website’s content is for information purposes only and does not constitute investment advice, or a recommendation or an offer to enter into any transaction with the Fund or any of its affiliates, and does not constitute an offer to sell securities of the Fund or a solicitation of an offer to purchase any such securities. Neither Eagle Point Enhanced Income Management LLC nor the Fund provides legal, accounting or tax advice. Any statement regarding such matters is explanatory and may not be relied upon as definitive advice. Investors should consult with their legal, accounting and tax advisers regarding any potential investment. Any of the Fund’s opinions expressed herein are the Fund’s current opinions only and may be subject to change.

The information on this web site is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Please refer to the Terms and Conditions.