ECC News and Press, Eagle Point Credit Company Inc. From 11/08/21

Eagle Point Credit Company Inc. (NYSE:ECC) traded at a new 52-week high today of $14.90. So far today approximately 118,000 shares have been exchanged, as compared to an average 30-day volume of 177,000 shares. Eagle Point Credit Co Inc is a managed closed-end management investment compa...

Eagle Point received nearly one-third of votes in a survey of 242 verified CLO industry experts Eagle Point Credit Management LLC (“Eagle Point”), a specialist investment manager focused on investing in CLO securities, portfolio debt securities and othe...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCC, ECCW, ECCX, ECCY) today announced that it plans to report financial results for the quarter ended September 30, 2021 prior to the opening of the financial markets on Tuesday, November 16, 2021. The...

As we enter the fourth quarter of 2021, we are inching closer to the eventual rate hikes from the Fed. We've been continuing to monitor the senior loan fund space to find some opportunities worth exploring. AFT, BGB and FRA appear to be funds we would want to explore further with ...

The power of "excess liquidity" continues to drive the markets higher. I expect much more upside for the S&P 500 index. Are we at "the beginning of the end of easy money?" Inflation is here. It's ugly. It's painful. But you can beat it and make money. I lay down the best secto...

EIC recently increased its distribution by 33%, boosting its yield to over 8% (although the market has since bid the price up and yield down to 7.8%). Yields like a high-yield bond fund, but with a less risky portfolio. Sustainable distribution from its Net Investment Income, even...

ECC is a closed end fund that invests in equity tranches of CLOs to generate high current yield and total return. The fund has a current yield of >10% which could further increase should the United States economy continue to recover at a record pace. The fund invests in high-ri...

RA's management makes a big deal of emphasizing how well covered their fund's distribution is if you look at total return and not just net investment income. I'm inclined to believe them that it looks secure for the rest of the year since I see no reason why it would benefit them to m...

We continue our Income Factory survey of the high yield loan and bond world, with our emphasis on credit quality, distribution yield, price and discount. Plus sustainability; but always recognizing that lightning can strike the best of funds, in terms of distribution cuts. Which i...

Eagle Point Credit's ECCB preferred stock pays 7.6%, higher than many fixed income funds pay their equity owners. And with more asset protection, earnings coverage and less risk. One caveat: its small market price premium to par (equal to about two months' distributions) could com...