ECC News and Press, Eagle Point Credit Company Inc. From 10/22/22

Summary We review CEF market valuation and performance through the second week of October and highlight recent market action. CEFs struggled this week on the back of rising Treasury yields and lower stocks. We discuss PPT as a case study of a fund that appears to do the imposs...

Summary ECC has provided an annualized net total return of 7.22% from 2014 through July 2022. With a current annual yield of more than 16%, this CLO fund offers a steady, relatively low-risk income stream. CLOs are often misunderstood and perceived to have higher risk which re...

Summary The broader income market remains weak as the Fed continues to tighten policy while leading macro indicators deteriorate. We highlight securities that have made new year-to-date lows and look attractive for new capital allocations. Waiting to add at new lows creates di...

Summary We had a bearish view on ECC when we covered it last. The fund has succumbed to the credit stress, and total returns including distributions are now negative over the last 5 years. When enough bad news is priced in, the fund can indeed deliver positive returns. But...

Summary Eagle Point Credit is a closed-ended, collateralized loan obligation (CLO) fund. CEO Tom Majewski compares the 2008 downturn to today’s market environment. A look inside Eagle Point's portfolio. Downside risks. The impact of rising interest rates on Eagle Point ...

Eagle Point Credit ( NYSE: ECC ) has declared $0.14/share monthly dividend , in line with previous. Payable Oct. 31; for shareholders of record Oct. 11; ex-div Oct. 7. Payable Nov. 30; for shareholders of record Nov. 10; ex-div Nov. 9. Payable Dec. 30; for sharehol...

Summary Eagle Point Credit Company Inc. yields 15.85%. It's selling at a 15.13% discount to NAV. Eagle Point Credit pays $.14 monthly. Have you ever invested in CLO-related investment vehicles? CLOs, Collateralized Loan Obligations, are securitizations of a portf...

Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. Real estate CEFs lag. OPP rights offering expires. Author’s note: This article was released to CEF/ETF Income Laboratory members on September 21, 2022. Pleas...

Summary Knowing when I'm going to get paid makes me happy and helps add pep to my step! When is your next paycheck? I present to you two generous dividend picks which are ECC and WPC! For further details see: I Keep On Buying These 2 Picks!

Summary 14 out of 23 CEF sectors were positive on price and 16 out of 23 sectors were positive on NAV last week. HYT conducts a rights offering. ZTR rights offering has expired. Author's note: This article was released to CEF/ETF Income Laboratory members on Septem...