ECCY News and Press, Eagle Point Credit Company Inc. 6.75% Notes due 2027 From 03/17/21

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 ...

Eagle Point Credit Company Inc. (ECC) Q4 2020 Earnings Conference Call February 23, 2021 10:00 AM ET Company Participants Garrett Edson - ICR Tom Majewski - Chief Executive Officer Ken Onorio - Chief Financial Officer & Chief Operating Officer Conference Call Participants Mickey Schleien ...

The following slide deck was published by Eagle Point Credit Company Inc. in conjunction with their 2020 Q4 earnings call. For further details see: Eagle Point Credit Company Inc. 2020 Q4 - Results - Earnings Call Presentation

Twenty-two out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: February 7, 2021

CLOs and Senior Secured Loan provide a great way to bank on a rebounding economy. We are highlighting XFLT, a compelling way to get solid income. This is a monthly-pay CEF with a 10.2% yield. Great outlook and high insider ownership. Buy for the income, enjoy the NAV run. ...

Many investors are suspicious of closed-end funds' apparently magical ability to buy assets whose "natural" yield is, for example, 6%, and pay distributions of, say, 9%. Is there some sort of alchemy at work here? Often when things seem "too good to be true," they are too good to be t...