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Stock impact report

Eagle Point Credit: Common Shares Are Becoming Less Attractive Than Preferreds [Seeking Alpha]

Eagle Point Credit Company Inc. (ECC) 
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 Show less Read more
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