Eagle Point Credit: Is This 21% Yield Sustainable? [Seeking Alpha]
Eagle Point Credit Company Inc. (ECC)
NASDAQ:AMEX Investor Relations:
eaglepointcreditcompany.com/investor-relations/default.aspx
Company Research
Source: Seeking Alpha
ECC.PR.D ECCC ECCF ECCV ECCW ECCX PropNotes 5.6K Follower s Follow Play 10min Summary Eagle Point Credit's high fees, NAV drag, and share dilution make its 21% dividend yield appear unsustainable. ECC does maintain a diverse portfolio, and CLOs tend to be a strong underlying asset class, but the fund's low coverage ratio and fee structure pose significant risks. ECC's NAV per share has been consistently declining, and cash flows from investments are trending lower, raising concerns about future payouts. We rate ECC a 'Sell'. VisionsofAmerica/Joe Sohm Recently, we published an article about Oxford Lane Capital ( OXLC ) titled: " Oxford Lane Capital: Is This 19% Yield Sustainable? In it, as the title suggests, we examined the popular closed end fund with the goal of determining whether or This article was written by PropNotes 5.6K Follower s Follow At PropNotes, we focus on finding high-yield investment opportunities for individual investors.With o
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ECC
News
- Eagle Point Credit Company Inc. Prices $100 Million Public Offering of NotesBusiness Wire
- Eagle Point Credit Company Inc. Announces Offering of NotesBusiness Wire
- 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
ECC
Sec Filings
- 12/16/24 - Form 497AD
- 12/16/24 - Form CERT
- 12/10/24 - Form 8-A12B
- ECC's page on the SEC website