Welcome to our dedicated page for Eagle Point Credit Co news (Ticker: ECC), a resource for investors and traders seeking the latest updates and insights on Eagle Point Credit Co stock.
Eagle Point Credit Company Inc. (NYSE: ECC) is a closed-end management investment company that focuses on equity and junior debt tranches of collateralized loan obligations (CLOs) backed by portfolios of below-investment-grade U.S. senior secured loans. News related to ECC often reflects its income-oriented credit strategy, capital structure decisions and governance matters.
On this page, readers can follow company announcements filed on Form 8-K, where Eagle Point Credit Company regularly provides management’s unaudited estimates of net asset value (NAV) per share of common stock, ranges for net investment income, and realized gains or losses for specific quarters. These updates give insight into how the portfolio of CLO securities and related exposures are affecting NAV and income over time.
ECC news also includes disclosures about actions affecting its preferred stock and notes. For example, a Form 8-K dated December 29, 2025 describes the company’s election to redeem in full the outstanding shares of its 8.00% Series F Term Preferred Stock due 2029, including the redemption price and timing. Other filings list the company’s various exchange-listed securities, such as its Series C and Series D preferred stock and multiple series of notes, providing context for capital structure developments.
Governance and structural updates appear in proxy-related communications. A definitive proxy statement on Schedule 14A outlines a proposal for stockholders to approve a conversion from a Delaware corporation to a Delaware statutory trust, along with a related name change. News items tied to this proxy process explain the rationale for the proposed conversion and how it would affect holders of common and preferred shares.
Investors, analysts and other readers can use this news feed to monitor ECC’s reported NAV estimates, income metrics, capital structure changes and corporate governance proposals. By reviewing these updates over time, users can build a clearer picture of how Eagle Point Credit Company manages its CLO-focused investment strategy and its listed securities.
Eagle Point Securities LLC announced its role as exclusive dealer manager for investment funds representing over $2 billion in assets. The company provides individual investors access to institutional private credit strategies managed by Eagle Point Credit Management LLC, which oversees $12 billion in total assets.
The investment strategies include Portfolio Debt Securities, regulatory capital relief transactions, strategic credit investments, and CLO securities. Eagle Point Securities serves as Dealer Manager for multiple funds, including Eagle Point Institutional Income Fund, Eagle Point Enhanced Income Trust, and various offerings from Eagle Point Credit Company (NYSE: ECC) and Eagle Point Income Company (NYSE: EIC).
Eagle Point Credit Company (NYSE: ECC) has expanded its continuous public offering of 7.00% Series AA and AB Convertible Perpetual Preferred Stock to 8,000,000 shares at $25 per share, targeting gross proceeds of $200 million.
The Preferred Stock features include:
- 7.00% annual dividend rate, paid monthly
- 'BBB' rating from Egan-Jones Ratings Company
- Convertible to company's common stock or cash at company's discretion
- Perpetual structure with attractive liquidity terms
CEO Thomas Majewski highlighted strong investor interest and expects the offering to provide accretive capital for ongoing deployment. Eagle Point Securities , an affiliate of the Company and FINRA/SIPC member, serves as the dealer manager for the offering.
Eagle Point Credit Company (NYSE: ECC) has announced it will ring The Closing Bell® at the New York Stock Exchange on January 6, 2025, marking over a decade as a publicly traded company. Since its NYSE listing on October 8, 2014, the company has experienced significant growth, expanding its total assets from $275 million to over $1.3 billion as of November 30, 2024.
CEO Thomas P. Majewski highlighted the company's success in creating shareholder value through its CLO investing strategy. Notably, initial IPO investors who maintained their positions have received more than 100% of their initial investment through cash distributions while retaining their ownership stakes in the company.
Eagle Point Credit Company Inc. (NYSE: ECC) is launching an offering of 7.00% Convertible and Perpetual Preferred Stock, aiming to raise around $91 million through the sale of up to 4,000,000 shares. The Preferred Stock offers a 7.00% annual dividend rate, is rated 'BBB' by Egan-Jones Ratings Company, and can be converted into common stock or cash.
Eagle Point Credit Management has announced financial results for its Eagle Point Institutional Income Fund for the initial operational period from June 1, 2022, to December 31, 2022. The Fund's net asset value per share decreased slightly to $9.97 as of December 31, 2022, from $10.00 on June 1, 2022, but it paid total distributions of $0.455 per share for 2022. In 2023, the Fund has already paid an additional $0.152 per share, equating to an 8.5% annualized distribution rate. The Fund primarily invests in senior secured loans, aiming for stable income for investors despite a volatile macroeconomic environment.
Eagle Point Credit Management has been recognized as the 'Best U.S. CLO Equity Investor' in a Creditflux survey involving 242 CLO industry experts. Garnering 30% of votes among 27 firms, this recognition highlights the effectiveness of its long-term investment strategies. Earlier this year, Eagle Point Credit Company (NYSE: ECC) also earned the title of 'Best Closed-End CLO Fund,' reflecting a strong performance in asset management, with over $5.9 billion managed as of September 2021.
Eagle Point Credit Company has been awarded the title of “Best Closed-End CLO Fund” by Creditflux at their Manager Awards in London on September 8. This recognition is based on data from January 2020 to March 2021, focusing on the change in value of eligible funds during a period of uncertainty in global markets. CEO Thomas Majewski expressed pride in the team’s efforts that led to this achievement, highlighting the company’s commitment to generating high current income and capital appreciation through investments in collateralized loan obligations.
Eagle Point Credit Company reported a strong fiscal year 2020, with a net asset value (NAV) increasing to $11.18 per share, up 32% from Q3. The company generated a net investment income (NII) of $0.24 per share in Q4, despite a net loss of $0.80 due to realized capital losses. GAAP net income for Q4 was $95.2 million, or $2.98 per share. The Company deployed $10.4 million in capital and received $27.6 million in cash distributions in Q4. As of February 9, 2021, the estimated NAV per share is between $11.95 and $12.05, with $29.5 million in cash available for new investments.
Eagle Point Credit Company reported its financial results for Q3 2020, highlighting a net income of $44.5 million, or $1.40 per common share. The net asset value (NAV) per share increased to $8.45, reflecting a 13% rise from Q2. The company deployed $27.2 million in capital and received $19.7 million in cash distributions during the quarter. As of October 31, 2020, NAV was estimated between $8.53 and $8.63, supported by a 50% increase in cash distributions compared to Q3. The effective yield of the CLO equity portfolio was 11.48% as of September 30, 2020.
Eagle Point Credit Company (NYSE:ECC) announced three distributions of $0.08 per share on common stock, scheduled for January 29, February 26, and March 31, 2021, with record dates preceding each payment. Additionally, distributions of $0.161459 per share on its 7.75% Series B Term Preferred Stock due 2026 will also be paid on the same dates. The common stock distributions are derived from net investment income and may include capital gains or return of capital. Full tax characteristics will be reported on Form 1099 post-2020 calendar year.