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ECCV - XFLT: Highlighting Misconceptions About This 10.3% Yielding CEF
April, 14 2022 08:45 AM
Eagle Point Credit Company Inc. 5.375% Notes due 2029
XFLT remains on income investor radars given its double-digit yield and strong performance over the last few years. XFLT is a fund that has come up on the service a few times and in this article we highlight some of the misconceptions investors may hold about it. Overall, we remain on the sidelines given tight credit spreads, the fund's high premium, high fee structure and performance versus peers. For further details see:
XFLT: Highlighting Misconceptions About This 10.3% Yielding CEF
Stock Information
Company Name:
Eagle Point Credit Company Inc. 5.375% Notes due 2029
Stock Symbol:
ECCV
Market:
NYSE
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