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ECCX - Eagle Credit Company Baby Bonds Are Attractive Plus Preferred Market Update
December, 18 2020 07:00 AM
Eagle Point Credit Company Inc. 6.6875% Notes due 2028
Preferred stocks had a strong November, along with most asset classes. ECCX is a CEF baby bond with a 6.68% coupon trading below par and a 2028 maturity date. The CEF structure is very resilient - No CEF has ever gone bankrupt! ECCX's coverage and safety level is back to pre-pandemic levels but the price is not. For further details see:
Eagle Credit Company Baby Bonds Are Attractive Plus Preferred Market Update
Stock Information
Company Name:
Eagle Point Credit Company Inc. 6.6875% Notes due 2028
Stock Symbol:
ECCX
Market:
NYSE
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