Eagle Point Credit Collects Income From CLO Equity (Mostly) And Yields Over 19% [Seeking Alpha]
Eagle Point Credit Company Inc. (ECC)
NASDAQ:AMEX Investor Relations:
eaglepointcreditcompany.com/investor-relations/default.aspx
Company Research
Source: Seeking Alpha
Follow Play 17min Summary I rate Eagle Point Credit Company a Strong Buy due to its high-yield distribution supported by strong returns from CLO equity positions. ECC offers a nearly 20% yield with a stable $0.16 monthly distribution, backed by recurring cash flows that exceed expenses and distributions. ECC's portfolio includes 244 CLO investments, with a focus on high-yielding CLO equity. Despite price fluctuations, ECC's premium to NAV and strong performance make it a compelling investment for income-focused investors. EssexDan/E+ via Getty Images Now that I am just past my one-year retirement anniversary, I am enjoying writing about my investing journey even more than when I was still working and accumulating a nest egg. As I have reached the retirement phase of my investing life, I have discovered the joy of collecting monthly passive income in my Income Compounder portfolio. I no longer concern myself (too much) with the daily value of my overall portfolio, wh
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ECC
News
- Eagle Point Institutional Income Fund Generates 9.9% Annual Net Return and Exceeds $150 Million in Assets [Yahoo! Finance]Yahoo! Finance
- Eagle Point Credit Company Inc. Announces Third Quarter 2024 Financial ResultsBusiness Wire
- Eagle Point Credit Company Inc. Announces First Quarter 2025 Common Distributions and Preferred DistributionsBusiness Wire
- Eagle Point Credit Company Inc. Schedules Release of Third Quarter 2024 Financial Results on Thursday, November 14, 2024Business Wire
- 2 Deep Fixed-Income Bargains From Oxford Lane And Eagle Point [Seeking Alpha]Seeking Alpha
ECC
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form 497AD
- 11/14/24 - Form N-30B-2
- ECC's page on the SEC website