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Eagle Point Credit Company (ECC)

Taxable Bond Funds - Collateralized Loan Obligation

Data as of May 17, 2024
Market Price $10.21 (+ $0.01)
NAV (April 30, 2024) $8.99 ( $0.00)
Fund Listed NYSE
Premium / Discount 13.57% (+0.11%)
Fund Info
Inception Oct. 14, 2014
Sponsor Eagle Point Credit Management
Website http://eaglepointcredi...
Phone (203) 862-3150
Location Connecticut
Incorporated Delaware
Staggered Board Yes
Term Date N/A
Objective: High current income and capital appreciation by investing primarily in equity and junior debt tranches of collateralized loan obligations.
Related Indexes
High Income Index
US Bond Index
Capital & Leverage
Outstanding Shares 88,609,531
Total Assets (Reported: Dec. 31, 2023) $954M
Estimated Total Assets $1,033M
Net Assets $797M
Market Cap $905M
Portfolio Turnover 19.79%
Total Leverage 22.90%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 8.51%
Non Lev Exp Ratio 5.92%
Rel Lev Cost 8.39%
Discount Data
Average Discount (3 Yr) 9.00%
Discount Low(3 Yr) -8.65%
Discount High(3 Yr) 31.53%
Discount Rel Range (3 Yr) 55.30%
Comp Discount 6.37
Discount St Dev (1Yr) 5.57
Z-Stat (6mo) 1.91
Z-Stat (1Yr) 0.51
Z-Stat (3Yr) 0.66
Comp Z-Stat (6mo) 0.16
Comp Z-Stat (3Yr) -0.16
Distribution Data
Market Yield 16.45%
Income Yield 16.45%
Lev Adj NAV Yield 15.21%
Distribution Frequency M
Current Distribution $0.140
Current Income $0.140
Ex-Date 6/10/24
Payable Date 6/28/24
Div Growth (3yr) 75.00%
Dividend Change 16.7% on 2/14/22
Expected Div 8/8/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2023 2021 - 2023
Income 100% 100%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $6,971
Avg Volume 30 day 650,696
Avg Volume 90 day 682,769
Volume Trend -4.70%
Comp Volume Trend -5.01%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): OXLC 65.0%
NAV - Price Correlation (30 d) -76.5%
NAV - Price Correlation (90 d) -45.3%
NAV - Price Correlation (1 Yr) -25.5%
Price St Dev (1Yr) 15.3%
NAV St Dev (1Yr) 9.0%
Earnings / Share (12/31/23) $0.107
Earn Coverage 76.57%
Earnings Trend Up
UNII / Share (12/31/23) $0.136
Rel UNII 8.09
UNII Trend Down
Bond Specific Data
Maturity 4.40
Credit Rating (rbo) B
Investment Grade 2.04%
Non Investment Grade 97.95%
Unrated Bonds 0.00%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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