ECC
Eagle Point Credit CoECC
ECC
About: Eagle Point Credit Co Inc. is an externally managed, non-diversified closed-end management investment company. Its primary investment objective is to generate high current income, with a secondary objective of capital appreciation. The Company seeks to achieve its investment objectives by investing in equity and junior debt tranches of collateralized loan obligations ("CLOs") collateralized by a portfolio consisting of below-investment-grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors. The Company intends to operate so as to qualify to be taxed as a regulated investment company.
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
100% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
14% more funds holding
Funds holding: 87 [Q3] → 99 (+12) [Q4]
7% more capital invested
Capital invested by funds: $114M [Q3] → $122M (+$8.11M) [Q4]
2.46% more ownership
Funds ownership: 13.67% [Q3] → 16.14% (+2.46%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for ECC.
Financial journalist opinion
Based on 6 articles about ECC published over the past 30 days
Negative
Seeking Alpha
14 hours ago
Eagle Point Credit: A 2025 Roadmap For CLOs
The private credit market has grown significantly post-pandemic, driven by tighter lending regulations and investor interest in higher yields, with private lenders offering more flexibility. Eagle Point Credit, a fund focused on collateralized loan obligations, has become increasingly volatile, due to macroeconomic policy uncertainty and rising financing costs for middle market companies. Despite historical success, ECC faces risks from widening credit spreads and increased use of payment-in-kind, indicating potential creditworthiness issues among middle market borrowers.
Neutral
Seeking Alpha
3 days ago
CEF Weekly Review: CLO CEFs' NAVs Take It On The Chin In March
We review the CEF market valuation and performance through the third week of April and highlight recent market action. Nearly all CEF sectors finished in the green this week, though month-to-date performance remains underwater. The median CEF sector discount has bounced off the trough, trading near the longer-term historical average, recovering close to half its April drawdown.
Positive
Seeking Alpha
1 week ago
Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.
Neutral
Business Wire
1 week ago
Eagle Point Credit Company Inc. Increases Offering Amount of 7.00% Convertible Perpetual Preferred Stock to $200 Million
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC) announced it has increased the continuous public offering of its 7.00% Series AA Convertible Perpetual Preferred Stock and 7.00% Series AB Convertible Perpetual Preferred Stock (collectively, the “Preferred Stock”) to up to 8,000,000 shares at a public offering price of $25 per share, for gross proceeds to the Company of $200 million. The Preferred Stock has a 7.00% annual dividend rate, paid monthly,.
Positive
Seeking Alpha
1 week ago
Dirt Cheap Preferred Stocks For Safer Income, +9% Yield
Fearful markets present opportunities for income investors. Embrace the Income Method to cut through market noise, focusing on reliable, growing income by investing higher up in the capital structure. We discuss our top picks that enjoy safety by being higher up in the capital structure; yields +9%.
Neutral
Seeking Alpha
3 weeks ago
Eagle Point Credit: Why I'm Buying The Notes And Preferreds But Avoiding The Common Stock
ECC is seeing a shift towards a more aggressive portfolio, which increases risk for common equity shareholders in various ways. Firstly, ECC has meaningful exposure to borrowers in consumer-sensitive sectors that are at the highest risk of rising default rates. Secondly, spread compression continues to pressure net investment incomes (NIIs).
Negative
Seeking Alpha
1 month ago
Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions.
Positive
Seeking Alpha
1 month ago
Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred
Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred offerings from CLO CEFs provide safer, more stable income, balancing risk-reward when it comes to seeking income. We have new offerings in the space since our last update, leading to greater diversification potential and increasing the viability of setting up a ladder of maturities.
Positive
Seeking Alpha
1 month ago
ECC: 23% Yield For The Ostrich In You
ECC sports a 23.2% yield. We go over what the asset class has delivered historically and also what ECC has actually delivered. We tell you which security we own from the ECC suite and why we think it offers a better return profile.
Neutral
Seeking Alpha
1 month ago
ECC, OCCI Or Neither Of Them: A Pairs Trade For 2 CEFs
I'm currently favoring low-duration debt from CLO CEFs, hedging by shorting overvalued CEFs, and recently initiated a pair trade: Long ECC, short OCCI. ECC's high non-leverage expenses and lower asset yield make it less attractive, despite its larger size and historical outperformance compared to OCCI. OCCI, though smaller, boasts a higher asset yield but also higher non-leverage expenses, with no historical alpha generation.
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