Eagle Point Credit: Common Shares Are Becoming Less Attractive Than Preferreds [Seeking Alpha]
Eagle Point Credit Company Inc. (ECC)
NASDAQ:AMEX Investor Relations:
eaglepointcreditcompany.com/investor-relations/default.aspx
Company Research
Source: Seeking Alpha
Summary Eagle Point Credit offers a unique opportunity to invest away from traditional stocks and bonds, focusing on CLO equity. ECC's Q2 earnings update shows significant developments, including a massive capital raise and declining net asset value. The CLO market is growing rapidly, presenting risks as outlined in a recent report from the Federal Reserve Board. Today, we explore why I decided to sell shares of ECC, now investing only in the preferred shares. Andyworks/E+ via Getty Images It is relatively rare to find an investment with a compelling, unique value proposition. We search far and wide across the investible universe, but more often than not, many choices are built with the same core components…stocks and bonds. Going Recommended For You
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ECC
News
- My 9.5% Income Portfolio - The View From The Top [Seeking Alpha]Seeking Alpha
- Eagle Point Credit: 19% Yield On Common And 8.7% On Preferred Equity [Seeking Alpha]Seeking Alpha
- Eagle Point Credit Company Inc. (NYSE: ECC) had its price target lowered by analysts at Keefe, Bruyette & Woods from $10.50 to $10.00. They now have a "market perform" rating on the stock.MarketBeat
- Eagle Point Credit Company Inc. Announces Second Quarter 2024 Financial ResultsBusiness Wire
- Eagle Point Credit Company Inc. Announces Fourth Quarter 2024 Regular and Supplemental Common Distributions and Preferred DistributionsBusiness Wire
ECC
Sec Filings
- 9/19/24 - Form 40-APP/A
- 9/16/24 - Form POS
- 9/16/24 - Form 424B3
- ECC's page on the SEC website