- Eagle Point Credit Company (ECC) is a BDC that invests in the equity and junior tranches of Collateralized Loan Obligations, the higher risk segments of the CLO market.
- Fixed Income investors looking for 5%+ yields must accept risks today they wouldn’t have had to prior to the 2008 Great Recession which collapsed safer CD yields to below inflation.
- ECC offers three debt securities which offer solid yields with less risk than owning the equity of the issuer. While all three are briefly covered, my preference is ECCY.
For further details see:
Eagle Point Credit's 2027 Notes Offer Better Exposure To Company Than The Equity