Eagle Point Credit Company Inc.

Eagle Point Credit Company Inc.

ECCV
Eagle Point Credit Company Inc.US flagNew York Stock Exchange
24.03
USD
-0.06
- -
842.44MMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Thomas Philip Majewski
Full Time Employees
3
Sector
Financial Services
Industry
Asset Management
Address
600 Steamboat Road, Suite 202 Greenwich CT United States of America 6830
IPO Date
Jan 26, 2022
Business
Eagle Point Credit Company Inc. (NYSE: ECCV) is a publicly traded closed-end management investment company registered under the Investment Company Act of 1940 that primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs) backed by below-investment-grade senior secured loans to generate high current income and capital appreciation. The company invests in CLO equity, CLO debt, loan accumulation facilities, regulatory capital relief transactions, collateralized fund obligations, consumer asset-backed securities, and other related instruments, with a portfolio featuring a weighted average remaining reinvestment period of 3.3 years, exposure to 1,906 unique underlying loan obligors primarily in USD-denominated senior secured loans, and conservative metrics including 4.9% CCC-rated exposure and 4.6% average overcollateralization cushions. Headquartered in Greenwich, Connecticut, the company commenced operations following its initial public offering in October 2014 and is externally managed by Eagle Point Credit Management LLC. ECCV represents the company's 5.375% Notes due 2029, part of a broader capital structure that includes various series of term and perpetual preferred stock as well as fixed-rate notes with no maturities prior to April 2028 and a weighted average cost of financing of 6.9%. In recent developments, the company deployed $285 million into new CLO equity, CLO debt, and related investments in the first half of 2025, including $169 million in CLO equity at a weighted average effective yield of 18.4%; completed 13 CLO resets and 8 refinancings to extend reinvestment periods and reduce debt costs by an average of 44 basis points; raised $106 million in accretive common equity via its at-the-market program and $60 million in net proceeds from Series AA and AB Convertible Perpetual Preferred Stock offerings; and entered its second strategic CLO collateral manager partnership providing perpetual revenue share. The company operates in the U.S. fixed income markets, targeting institutional investors seeking CLO exposure through its NYSE-listed securities, and maintains leverage within a target range of 27.5% to 37.5% of total assets under normal conditions.

Company News

APIChat
  • Eagle Point Credit Company Inc (ECC) Q1 2026 Earnings Call Transcript

  • Value + Quality + Cash Flow Is King

  • VVR: Avoid This Floating-Rate Fund For The Time Being

  • Eagle Point Credit Company Inc (ECC) Q4 2025 Earnings Call Transcript

  • Beyond Your Lifetime: The Future Of Your Investments

  • 4 Closed-End Fund Buys In The Month Of November 2025

  • Eagle Point Credit Co LLC (ECC) Q3 2025 Earnings Call Transcript

  • Everyone Is Paying Me Dividends: Lock In These +8.6% Yields Now

  • Retirement Passive Income: Safer +8% Yields For Your Portfolio

  • Inside The Income Factory: Credit Asset Investing With Steven Bavaria

  • 5 Closed-End Fund Buys In The Month Of July 2025

  • Eagle Point Credit Co LLC (ECC) Q2 2025 Earnings Call Transcript

  • 7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025

  • It's Raining CLO Equity CEFs And Why We Got Longer

  • CEF Weekly Review: CLO CEFs' NAVs Take It On The Chin In March

  • Dirt Cheap Preferred Stocks For Safer Income, +9% Yield

  • Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred

  • Preferreds Weekly Review: Agency mREITs Deliver Good Results

  • Preferreds Weekly Review: Fixed-Rate Preferreds Underperform

  • Picks And Themes In The CLO Sector