ECCV News and Press, Eagle Point Credit Company Inc. 5.375% Notes due 2029 From 02/13/24

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCV, ECCW, ECCX) today is pleased to announce the declaration of distributions on shares of the Company’s common stock. The Company has declared three separate monthly regular distributions ...

2024-02-13 12:15:00 ET Summary OFS Capital and Eagle Point Credit are very similar closed-end funds holding assets of the same type. Both offer safe-term preferred stocks protected by a 50% leverage limit. OFS Capital term preferred stock, symbol OCCIN, currently offers a 9.23% yi...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCV, ECCW, ECCX) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2023 on Thursday, February 22, 2024. The Company will discuss its finan...

2024-01-28 10:03:46 ET Summary We take a look at the action in preferreds and baby bonds through the third week of January and highlight some of the key themes we are watching. Preferreds were flat despite rising Treasury yields. Month-to-date, the higher-beta sectors outperformed...

2024-01-19 08:00:00 ET Summary Macro markets saw positive movement, with the S&P 500 up 1.81% and bonds performing well. The PPI report offset slightly hot CPI, leaving uncertainty about how the Fed will respond to rising inflation figures. PIMCO Corp & Inc Strat (PCN)...

2024-01-16 05:43:39 ET Summary I've been buying Eagle Point Credit Series D Preferreds since the market selloff in September 2023. These offer an 8.36% yield on cost and are trading for roughly 80 cents on the dollar. A cut to base interest rates this year should support capit...

Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced that it has priced an underwritten public offering of 1,400,000 shares of its 8.00% Series F Term Preferred Stock due 2029 (the “Preferred Stock”) at a public of...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced that it has commenced an underwritten public offering of its Series F Term Preferred Stock (the “Preferred Stock”). The public offering price and other terms of...

2023-12-24 09:00:00 ET Summary PennyMac Mortgage Investment Trust offers investors three asset classes: common stock, preferred stock, and a new Note that matures in late 2028. PMT primarily invests in mortgage-related assets and aims to provide attractive risk-adjusted returns to...

2023-12-04 14:46:42 ET Summary Oxford Lane Capital Corp. (OXLC) and Eagle Point Credit Co. (ECC) are popular income investments that invest in the lowest tranches of collateralized loan obligations (CLOs). OXLC and ECC leverage their portfolios to support high distribution yields,...