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ECC - Income Factory Cranks Out Cash At 11.5% Rate In 3rd Quarter While Holding Earlier Gains
Eagle Point Credit Company Inc.
As readers know, our Income Factory™ strategy is to regard our portfolio as a factory and not worry much about how the market values it from time to time, but rather to focus on (1) the factory output (how much cash it produces), and (2) growing that output steadily at an "equity return" rate of plus/minus 10% by re-investing and compounding.
Readers who are new to this philosophy (which I got a lot of grief about when I introduced it several years ago) can read past articles like this introductory overview.