Eagle Point Credit Co 5.375% Notes due 2029

ECCV

Market cap $88.6M

America: In debt we trust. The Bank of Mom & Dad is seeing growing adoption. We discuss a pattern that's been evolving for decades.

November presented a pullback primarily in the mega-cap tech, but one that was fairly shallow with a recovery toward the month's end. With that said, there were some opportunities presented with the added volatility for the month. I add to my closed-end fund portfolio positions to help generate a long-term cash flow snowball that increases every month.

Eagle Point Credit Co LLC ( ECC ) Q3 2025 Earnings Call November 13, 2025 10:00 AM EST Company Participants Thomas Majewski - CEO & Interested Director Kenneth Onorio - CFO & COO Conference Call Participants Darren Daugherty Gaurav Mehta - Alliance Global Partners, Research Division Erik Zwick - Lucid Capital Markets, LLC, Research Division Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division Timothy D'Agostino Presentation Operator Greetings, and welcome to Eagle Point Credit Company's Third Quarter 2025 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Collect cash flow from companies you use every day. With a diversified dividend portfolio, you are surrounded by businesses paying you dividends. Even when I go to the doctor's office, I see brands that are paying me.

We continue our discussion on debt, this time focusing on corporate borrowing. CLOs and BDCs are two pillars of the credit markets, powering the U.S. economy. Securities from these asset classes tend to be volatile due to interest rates and credit health, but have safer preferreds/baby bonds.

Steven Bavaria, from Inside the Income Factory, discusses credit assets like high-yield bonds, senior loans, and BDCs for stable, high-yield income, favoring closed-end funds for their resilience and discounts. Expense ratios for BDC ETFs like PBDC appear high due to accounting rules, but actual fund expenses are low—professional management adds only about 0.4%.

With the month of July closing out, we are once again seeing the broader equity markets pushing to new all-time highs. As we enter into new all-time highs, we appear to be looking quite stretched on valuations, and CEF discounts have been narrowing.

Eagle Point Credit Co LLC (ECC) Q2 2025 Earnings Call Transcript

Monthly-paying income investments can be attractive for retirees, but also for those still accumulating wealth, when reinvested for compounding income over time. Fixed-income focused closed-end funds can provide those attractive monthly distribution yields that income-focused investors are looking for. Today, we are looking at two funds that provide a monthly payout plus are trading at attractive discounts.

April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trades to de-risk my portfolio. There were 2 corporate actions in the last month that also saw two more positions removed from my CEF portfolio, but overall, I was a net buyer for the month.