Eagle Point Credit Company Inc.

Frequently Asked Questions About ECC

What does ECC invest in?

Eagle Point Credit Company Inc. operates as a closed-end investment vehicle, managed by Eagle Point Credit Management LLC. Its primary objective is to allocate capital within the U.S. fixed income markets. Specifically, the company targets equity and junior debt segments of collateralized loan obligations (CLOs). These CLOs are predominantly composed of U.S. senior secured loans that possess ratings below investment grade. Formed and established in the United States on March 24, 2014, the company maintains its domicile there.

What is the expense ratio of ECC?

An expense ratio for Eagle Point Credit Company Inc. (ECC) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is ECC's dividend yield?

ECC's trailing-twelve-month yield is 42.26%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ECC?

Effective duration measures ECC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ECC's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of ECC?

ECC's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of ECC?

Yield to maturity (YTM) is the total return you'd earn from ECC if every bond in the portfolio is held to maturity at the current price. ECC's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.