ECC News and Press, Eagle Point Credit Company Inc. From 06/14/22

I had put a lot of my cash to work in the month of May as equities hit new lows for the year. The S&P 500 briefly joined the Nasdaq in bear territory but swiftly bounced out of the technical bear market of a 20% decline. While I'm lighter on my cash allocation, the cash pile w...

Fighting inflation with low duration. Low credit risk based on leverage restrictions. Comparison of ECCV with alternatives. ECCV has capital appreciation potential. For further details see: Don't Buy Eagle Point Credit Before Reading This Article, Buy ECCV Instead

Many readers have asked me which of our closed-end funds have the most stable distributions? Hard to predict on a fund-by-fund basis, as we've seen funds with distributions that seemed to be hanging by a thread that still haven't cut their payouts. That's why we diversify since li...

The less the market understands, the higher the yield often is. You own something similar, just with less income for your account. Let's unravel the mystery. For further details see: Two 10% Yields On Sale, Extremely Misunderstood

Most income securities have taken a big tumble this year, along with most other financial assets. Large drawdowns make it difficult for investors to take advantage of newly attractive opportunities by limiting the capital available to be deployed. The recent bounce-back in markets...

We are always searching for preferred stocks that are mispriced/undervalued. We evaluate CODI-C as grossly undervalued, and we believe it is currently the best “qualified dividend” paying preferred stock in the market. We also focus on PRIF-L which is very undervalue...

ECC yields 13.25%, and goes ex-dividend next on 6/9/22. Management already announced Q3 monthly distributions of $.14/month. ECC is trading at a 1.52% premium, lower than its 1-, 3- and 5-year premiums. For further details see: Eagle Point Credit: 13% Yield, Monthly Paye...

XFLT is a senior loan/CLO fund that offers an 11% monthly distribution that holds up well during turbulent market periods. The 1st quarter of 2022 was a challenging period for the CLO markets, causing NAV to decline during the period. Similar to other CLO-only funds, XFLT offers i...

Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These May U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include...

U.S.-based managers are increasingly turning to London Stock Exchange, the most venerable market in the world for publicly traded closed-end investment companies, known in the U.K. as investment trusts. London-listed investment trusts offer access to a different investor base than U.S...