Eagle Point Credit Company Inc. Preferred Stock 5.375% (ECCV)

Overview

Eagle Point Credit Co., Inc. is a publicly traded, closed-end investment company that was established on March 24, 2014. The company has its headquarters in Greenwich, Connecticut. It focuses on achieving its investment objectives by targeting high current income and the potential for capital appreciation. Eagle Point Credit Co., Inc. primarily invests in the equity and junior debt tranches of Collateralized Loan Obligations (CLOs). The firm's strategic investment in CLOs aims to capitalize on the income-producing potential of these financial instruments, leveraging their structural complexities and market dynamics to benefit its shareholders.

Products and Services

The core products and services offered by Eagle Point Credit Co., Inc. revolve around its investment activities in the CLO market, which include:

• Investments in Equity Tranches of CLOs: These are the most subordinate tranches in CLO structures, offering potentially high returns but carrying higher risks compared to senior tranches. Equity tranches are the last to receive payments but provide residual income after all other obligations have been met, aiming for high current income.
• Investments in Junior Debt Tranches of CLOs: Junior debt tranches are positioned above equity tranches in the payment hierarchy of a CLO, offering a balance between risk and return. These investments aim to provide a slightly lower risk profile than equity tranches while still targeting attractive returns and high current income for investors.