AICA Event
CEF Advisors AICA Event NAVigator Podcast

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   ♦

Go to AICA CEF/BDC Screener Learn More @

Eagle Point Credit Company (ECC)

Taxable Bond Funds - Collateralized Loan Obligation

Data as of Sept. 29, 2023
Market Price $10.15 (+ $0.01)
NAV (Aug. 31, 2023) $9.26 ( $0.00)
Fund Listed NYSE
Premium / Discount 9.61% (+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
Premium CEF/BDC Index
Capital & Leverage
Outstanding Shares 69,354,486
Total Assets (Reported: June 30, 2023) $785M
Estimated Total Assets $882M
Net Assets $642M
Market Cap $704M
Portfolio Turnover 10.43%
Total Leverage 27.15%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 8.98%
Non Lev Exp Ratio 6.10%
Rel Lev Cost 7.40%
Discount Data
Average Discount (3 Yr) 7.05%
Discount Low(3 Yr) -12.02%
Discount High(3 Yr) 31.53%
Discount Rel Range (3 Yr) 49.41%
Comp Discount 8.57
Discount St Dev (1Yr) 6.35
Z-Stat (6mo) -1.50
Z-Stat (1Yr) -0.90
Z-Stat (3Yr) 0.30
Comp Z-Stat (6mo) -0.07
Comp Z-Stat (3Yr) 0.67
Distribution Data
Market Yield 16.55%
Income Yield 16.55%
Lev Adj NAV Yield 14.27%
Distribution Frequency M
Current Distribution $0.140
Current Income $0.140
Ex-Date 10/10/23
Payable Date 10/31/23
Div Growth (3yr) 75.00%
Dividend Change 16.7% on 2/14/22
Expected Div 11/8/23
RoC (1yr) 0.00%
RoC (3yr) 3.43%
Tax Dividend Data 2022 2020 - 2022
Income 100% 73.2%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 26.8%
Volume & Liquidity
Average Daily $ (K) $5,301
Avg Volume 30 day 485,729
Avg Volume 90 day 522,257
Volume Trend -6.99%
Comp Volume Trend -14.03%
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 57.0%
NAV - Price Correlation (30 d) -44.9%
NAV - Price Correlation (90 d) -10.6%
NAV - Price Correlation (1 Yr) 30.6%
Price St Dev (1Yr) 22.8%
NAV St Dev (1Yr) 17.0%
Earnings / Share (6/30/23) $0.102
Earn Coverage 73.00%
Earnings Trend Down
UNII / Share (6/30/23) $0.878
Rel UNII 52.26
UNII Trend Down
Bond Specific Data
Maturity 4.40
Credit Rating (rbo) B
Investment Grade 2.01%
Non Investment Grade 97.97%
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

DISCLOSURES: makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from 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.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors,, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.