Eagle Point Credit

Eagle Point Credit Co., Inc. is a closed-end investment company. Its investment objective is to generate high current income, and generate capital appreciation by investing primarily in equity and junior debt tranches of CLOs. The company was founded on March 24, 2014 and is headquartered in Greenwich, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Eagle Point Credit excels in Q1 2024, navigating market challenges

Eagle Point Credit's Q1 2024 performance reflects resilience and strategic agility in navigating market challenges while capitalizing on growth opportunities
The company's strong financial metrics, capital deployment strategies, and industry recognition position it well for sustained success in the evolving investment landscape
Despite challenges, Eagle Point Credit remains focused on optimizing portfolio performance, managing risks, and delivering value to shareholders through prudent financial management

Eagle Point Credit excels in Q2 with strategic investments and growth opportunities

ECC delivered a strong performance in Q2 2024, with increased cash flows, robust investment activity, and strategic financial maneuvers.
The company's solid asset coverage ratios, extended reinvestment periods, and NAV accretion highlight its financial strength and prudent management.
While facing challenges in a dynamic market, ECC can leverage opportunities like new stock offerings and high-yield investments for future growth.
Striking a balance between risk management and growth initiatives will be key for ECC to navigate potential market uncertainties and sustain performance.

Eagle Point Credit excels in Q3 with rising cash flows and NAV, poised for strategic growth

Eagle Point Credit delivered a solid performance in Q3 2024, with increasing cash flows, rising NAV per share, and strategic investments driving growth.
Despite challenges such as market volatility and maintaining consistent growth, the company's strengths in effective capital deployment and risk management stand out.
Opportunities lie in further optimizing the portfolio, exploring new investments, and leveraging its financial strength to drive future value creation.

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GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCW, ECCX, ECCY) today is pleased to announce the declaration of distributions on shares of the Company's common stock. The Company has declared three separate distributions of $0.10 per share on its common stock, an increase of 25% from its previous monthly distribution rate of $0.08 per share, payable on each of July 30, 2021, August 31, 2021 and September 30, 2021 to stockholders of record as

Eagle Point Credit Company Inc. Announces 25% Increase in Common Stock Distributions for Third Quarter 2021

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCW, ECCX, ECCY) today announced that it plans to report financial results for the quarter ended March 31, 2021 prior to the opening of the financial markets on Tuesday, May 18, 2021. The Company will discuss its financial results on a conference call on that day at 10:00 a.m. (Eastern Time). Thomas P. Majewski, Chief Executive Officer, will host the call along with Kenneth P. Onorio, Chief Fina

Eagle Point Credit Company Inc. Schedules Release of First Quarter 2021 Financial Results on Tuesday, May 18, 2021

Apollo Tactical Income Fund, Inc.

Ares Dynamic Credit Allocation Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Clough Global Opportunities Fund

John Hancock Tax-Advantaged Dividend Income Fund

KKR Income Opportunities Fund

Barings Corporate Investors

Oxford Lane Capital

Reaves Utility Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

When I started in the financial business, calculators were few and far between, and pencil and paper were our primary analytical tools. Forget about computers and spreadsheets.

From Slide Rules To Spread Sheets: Coping With 'Analytic Overload'

The CLO structure proved its durability through another major event. Despite scary price swings, default rates remain low.

7.8% Yield Today, Higher Tomorrow: Eagle Point Credit

ECC is planning to issue its third baby bond - ECCW - with a 6.75% coupon maturing in 2031 and callable in 2024.

Checking Out The Latest Baby Bond From Eagle Point Credit Company

GREENWICH, Conn.--(BUSINESS WIRE)--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 Notes”) that closed on March 25, 2021, the underwriters of such offering have fully exercised their overallotment to purchase an additional $5,850,000 aggregate principal amount of the 2031 Notes. The 2031 Not

Eagle Point Credit Company Inc. Announces Full Exercise and Closing of Overallotment Option in Offering of Notes

Apollo Senior Floating Rate Fund

Blackstone Strategic Credit Fund

BlackRock Floating Rate Income Trust

Blackstone Long-Short Credit Income Fund

Blackstone/GSO Senior Floating Rate Term Fund

Blackrock Debt Strategies Fund Inc

Eagle Point Credit Company Inc 7.75 % Pfd Registered Shs 2016-30.10.26 Series B

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Eagle Point Cr 6.75 % Notes 2017-30.09.27

Highland Income Fund

Nuveen Floating Rate Income Fund

Nuveen Credit Strategies Income Fund

Nuveen Floating Rate Income Opportunity Fund ETF

Nuveen Short Duration Credit Opportunities Fund

Nuveen Senior Income Fund

Oxford Lane Capital Corp 6.75 % Cum Red Pfd Shs Series -2024-

Oxford Lane Capital Corp 7 1/2 % Term Cum Pfd Shs Series -2023-

Invesco Dynamic Credit Opportunities Fund

Invesco Senior Income Trust

Closed-End Funds: Senior Loan Funds Revisited

ECC's earnings report shows how sharply the CLO market and high yield credit jumped back in the fourth quarter from its drop earlier in 2020. Net asset value per share of $12 at 1/31/2021 versus $8.45 on 9/30/2020 and a low of $6.12 on 3/31/2020.

Eagle Point Credit Reports Sharp Turnaround In Q4 2020

GREENWICH, Conn.--(BUSINESS WIRE)--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 proceeds to the Company of approximately $37.5 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The 2031 Notes will mature on March 31

Eagle Point Credit Company Inc. Prices Offering of Notes

DNP Select Income Fund Inc

Duff&Phelps Utilities & Corporate Bond Trust

Gabelli Dividend & Income Trust

Voya Global Advantage and Premium Opportunity Fund

Voya Global Equity Dividend and Premium Opportunity Fund

Nuveen Real Asset Income & Growth Fund

OFS Credit Company Inc

OFS Credit Company Inc - 6.875% PRF REDEEM 31/03/2024 USD 25 - Ser A

Brookfield Real Assets Income Fund

I put capital to work in 5 funds for the month - 2 were new purchases and 3 were the result of swapping funds.

5 Closed-End Funds Bought In February

ECC still showed 100% coverage for the quarter, although NII was down.

ECC: Quick Take Of 2020 Q4 Results, Still 100% Coverage

Eagle Point Credit Company Inc. (ECC) CEO Tom Majewski on Q4 2020 Results - Earnings Call Transcript

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCX, ECCY) today announced financial results for the quarter and fiscal year ended December 31, 2020, net asset value (“NAV”) as of December 31, 2020 and certain additional activity through February 9, 2021. FOURTH QUARTER AND FULL YEAR 2020 HIGHLIGHTS NAV per common share of $11.18 as of December 31, 2020, up from $8.45 per common share as of September 30, 2020. Net investment income (“NII”) o

Eagle Point Credit Company Inc. Announces Fourth Quarter 2020 and Year-End 2020 Financial Results

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Management LLC (“Eagle Point”), a specialist asset manager focused on investing in CLO Securities and Portfolio Debt Securities, today announced that Seth Weinstein has joined the firm as Director of Business Development, a newly created position. Based in Greenwich, Mr. Weinstein will report to Kyle McGrady, Principal and Head of Marketing and Investor Relations. In this role, Mr. Weinstein will be responsible for business development and s

Eagle Point Credit Management Hires Seth Weinstein as Director of Business Development

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today is pleased to announce the declaration of distributions on shares of the Company's common stock. The Company has declared three separate distributions of $0.08 per share on its common stock, payable on each of April 30, 2021, May 28, 2021 and June 30, 2021 to stockholders of record as of April 12, 2021, May 10, 2021 and June 10, 2021, respectively. The following schedule applies

Eagle Point Credit Company Inc. Announces Second Quarter 2021 Common and Preferred Distributions

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2020 prior to the opening of the financial markets on Tuesday, February 23, 2021. The Company will discuss its financial results on a conference call on that day at 10:00 a.m. (Eastern Time). Thomas P. Majewski, Chief Executive Officer, will host the call along with Kenneth P.

Eagle Point Credit Company Inc. Schedules Release of Fourth Quarter 2020 and Year-End 2020 Financial Results on Tuesday, February 23, 2021

Blackrock California Muni Income Trust

Barings Global Short Duration High Yield Fund

Credit Suisse Asset Management Income Fund

Doubleline Opportunistic Credit Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc

DoubleLine Income Solutions Fund

First Trust Intermediate Duration Preferred & Income Fund

New American High Income Fund

Invesco High Income 2023 Target Term Fund

Ivy High Income Opportunities Fund

Nuveen Credit Opportunities 2022 Target Term Fund

Nuveen Global High Income Fund

Nuveen Mortgage Opportunity Term Fund

Nuveen Multi-Market Income Fund

Nuveen Preferred & Income Opportunities Fund

Nuveen Preferred & Income Term Fund

Nuveen Preferred & Income Securities Fund

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are NHF, ARDC and KIO.

The Quality Closed-End Fund Report, January 2021

Bancroft Fund Ltd

Calamos Convertible Opportunities And Income Fund

Calamos Convertible And High Income Fund

Eaton Vance High Income 2021 Target Term Trust

Miller/Howard High Income Equity Fund

Kayne Anderson Midstream/Energy Fund Inc.

Voya Prime Rate Trust

Cushing Renaissance Fund

Tortoise Energy Infrastructure

For the broader indexes, December continued along its upward momentum. Overall, the market seems to be quite lofty at these levels, so keeping a cash allocation could be appropriate.

8 Closed-End Fund Buys In December To Finish Out A Volatile Year

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today announced that Chief Executive Officer Thomas P. Majewski and Chief Financial Officer Ken Onorio will present at the virtual ICR Conference 2021 on Monday, January 11, 2021 at 9:30 a.m. Eastern Time. A link to the live webcast will be available in the investor relations section of the Company's website at www.eaglepointcreditcompany.com. ABOUT EAGLE POINT CREDIT COMPANY The Comp

Eagle Point Credit Company Inc. to Participate in the ICR Conference 2021

ECC has the strongest distribution coverage out of the three CLO equity funds. Fun fact: ECC's 11/30 NAV is higher than it was a year ago, with a total estimated NAV return of +17%.

Why I Have Been Buying Eagle Point Credit Company

Eagle Point Credit Company is exposed to the Equity Tranche of Credit Loan Obligations which are among the highest risk credit investments available. While most of ECC's assets have maturity dates 3-6 years in the future, short-term economic risks may still limit recovery potential.

Eagle Point Credit: Potential 'Second Wave' Of Economic Declines Exacerbates Risk Factors

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Saratoga Investment

We hate being pigeonholed, yet we love to categorize things. There are five major types of savers.

Keep Calm And Collect Dividends

Eagle Point Credit Company Inc. (ECC) CEO Tom Majewski on Q3 2020 Results - Earnings Call Transcript

Eagle Point (ECC) delivered earnings and revenue surprises of -11.54% and 11.03%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Eagle Point (ECC) Q3 Earnings Miss Estimates

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCX, ECCY) today announced financial results for the quarter ended September 30, 2020, net asset value (“NAV”) as of September 30, 2020 and certain additional activity through October 31, 2020. THIRD QUARTER HIGHLIGHTS Net investment income (“NII”) and realized losses of $0.23 per weighted average common share1 for the third quarter of 2020. NAV per common share of $8.45 as of September 30, 202

Eagle Point Credit Company Inc. Announces Third Quarter 2020 Financial Results

News for Eagle Point Credit ETF (ECC)