ECCW News and Press, Eagle Point Credit Company Inc. 6.75% Notes due 2031 From 10/26/22

Summary The CLO asset class is worth a look by income investors due to its strong historic profile, high yields and rising income levels. The asset class offers a wide variety of securities across the entire risk spectrum, with yields from mid-single-digit to double-digit levels. ...

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 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 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...

Eagle Point Credit Management LLC (“Eagle Point”), a specialist credit asset manager with approximately $7.2 billion of assets under management, 1 announced that Eagle Point Institutional Income Fund (the “Fund”), a non-traded closed-end fund registered u...

CLO funds came with a lot of promise, but returns across the spectrum have been poor. OCCI boasts a stunning 20% yield, but problems abound. Four numbers you should remember here, 20%, 12%, 40% and 100%. CLO funds have struggled to deliver in the past 3-5 years. None of ...

Eagle Point Income Company Inc. stuttered shortly after the debut as it ran into the COVID-19 crisis. Performance beyond that has been good. Overall returns have been mediocre but the fund could likely do better than OXLC and ECC in the next 18 months. Our recent takes on th...

Eagle Point Credit Company Inc. (ECC) Q2 2022 Results Conference Call August 16, 2022 10:00 AM ET Company Participants Tom Majewski - CEO Ken Onorio - CFO and COO Conference Call Participants Mickey Schleien - Ladenburg Thalmann Paul Johnson - KBW ...

Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced financial results for the quarter ended June 30, 2022, net asset value (“NAV”) as of June 30, 2022 and certain additional activity through July 31, 20...

We review CEF market valuation and performance through the first week of August and highlight recent market action. CEFs had a strong week overall as they continue to be supported by resilience in discounts. We highlight why CEF performance needs to be evaluated in the context of ...