Eagle Point Credit (NYSE: ECC) updates NAV estimate to $7.06–$7.16 per share
Rhea-AI Filing Summary
Eagle Point Credit Company Inc. filed an update giving investors a fresh look at the value of its common stock portfolio. Management provided an unaudited estimate of the company’s net asset value (NAV) per share as of August 31, 2025, in a range between $7.06 and $7.16. NAV per share represents the value of the company’s assets minus its liabilities, divided by the number of common shares, and is a key metric for evaluating a credit-focused closed-end fund like Eagle Point.
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FAQ
What NAV per share did Eagle Point Credit Company Inc. (ECC) report in this 8-K?
Management provided an unaudited estimate that Eagle Point Credit Company Inc.’s net asset value per share of common stock as of August 31, 2025 was between $7.06 and $7.16.
As of what date is ECC’s NAV per share estimate calculated?
The unaudited NAV per share estimate for Eagle Point Credit Company Inc. covers the period ended August 31, 2025.
Is the Eagle Point Credit (ECC) NAV per share figure audited or unaudited?
The net asset value per share figure disclosed for Eagle Point Credit Company Inc. is a management unaudited estimate for August 31, 2025.
What type of filing did ECC use to report its NAV per share estimate?
Eagle Point Credit Company Inc. reported its August 31, 2025 NAV per share estimate in a Form 8-K filed under the Securities Exchange Act of 1934.
Which securities of Eagle Point Credit Company Inc. are listed on the New York Stock Exchange?
Eagle Point Credit Company Inc. lists its common stock (ECC), 6.50% Series C Term Preferred Stock due 2031 (ECCC), 6.75% Series D Preferred Stock (ECC PRD), 8.00% Series F Term Preferred Stock due 2029 (ECCF), and several note issues including 6.6875% Notes due 2028 (ECCX), 6.75% Notes due 2031 (ECCW), 5.375% Notes due 2029 (ECCV), and 7.75% Notes due 2030 (ECCU) on the New York Stock Exchange.
Who signed the Eagle Point Credit Company Inc. (ECC) 8-K containing the NAV update?
The report was signed on behalf of Eagle Point Credit Company Inc. by Kenneth P. Onorio, the company’s Chief Financial Officer and Chief Operating Officer.