ECCB News and Press, Eagle Point Credit Company Inc. 7.75% Series B Term Preferred Stock due 2026 From 04/20/21

The CLO structure proved its durability through another major event. Despite scary price swings, default rates remain low. Investors in the "equity" level of CLOs stand to see more gains and rising income as we see a super-charged economic recovery. ECC is set to be a clear wi...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCW, ECCX, ECCY) today announced, in connection with its previously disclosed underwritten public offering of $39,000,000 aggregate principal amount of its 6.75% notes due 2031 (the “2031 Notesȁ...

Senior loan funds are showing some opportunities at some deep discounts. These funds should benefit from increasing interest rates, but that could be years before playing out. Be aware of certain other risks in these investments, as well as the other benefits they can provide. ...

Rising rates have been top of mind for income investors since the start of the year. The usual approach to rising rates has two problems. It fails to distinguish between two different rising rate environments and their different impact on assets. And it uses the textbook definitio...

Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today announced that it has priced an underwritten public offering of $39,000,000 aggregate principal amount of its 6.75% notes due 2031 (the “2031 Notes”), which will result in net ...

Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today announced that it has commenced an underwritten public offering of unsecured notes due 2031 (the “2031 Notes”). The 2031 Notes will be issued in denominations of $25 and integr...

I put capital to work in 5 funds for the month - 2 were new purchases and 3 were the result of swapping funds. Though all 5 funds I believe are worth investing in, if they weren't, I wouldn't have put my money there in the first place. Markets remain quite lofty, even with some vo...

The CLO equity senior security sector is easy to overlook, but it has a number of attractive features such as high yields, strong asset coverage levels, and mandatory maturities. Investors have to be mindful of a number of pitfalls, however, such as how to calculate yield and how to u...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are CEV, JPC, and DSL. For further details see: The Quality Closed-End Fund Report, February 2021

The CEF preferreds sector can be overlooked by income investors due to its low average liquidity and low average yields. However, there is significant variation in the sector with a number of attractive securities in absolute and risk-adjusted terms. We highlight a number of them ...