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home / news releases / ECCX - Eagle Credit Company Baby Bonds Are Attractive Plus Preferred Market Update


ECCX - Eagle Credit Company Baby Bonds Are Attractive Plus Preferred Market Update

  • 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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