Eagle Point Credit Company Inc. Overview
Pro stress-test →Eagle Point Credit Company, Inc. is a publicly traded closed-end investment company that is registered under the Investment Company Act of 1940. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans.
Strategic Profile
Pro stress-test →The Company invests a significant portion of its assets in CLO equity securities, which often involve risks that are different from or more acute than risks associated with other types of credit instruments. The fund offers high yield distributions but faces material NAV deterioration and elevated portfolio risk in the CLO equity market.
Competitive Landscape
Pro stress-test →Eagle Point competes in the closed-end CLO equity fund space primarily against Oxford Lane Capital and other closed-end funds that own CLOs. ECC's diversified structure offers better risk mitigation compared to pure CLO-focused competitors, though the firm faces intense headwinds from portfolio underperformance relative to broader credit markets.
Industry Context
Eagle Point Credit Company Inc. operates in Closed-End Investment Companies / Credit Funds.
Key facts
Founded: 2014 · Headquarters: Greenwich, CT