Karpus holds 16.95% of Eagle Point Credit (NYSE: ECC) preferred
Rhea-AI Filing Summary
Karpus Management, Inc., doing business as Karpus Investment Management, has filed a Schedule 13G/A reporting a significant passive position in Eagle Point Credit Co Inc. preferred shares. Karpus beneficially owns 169,456 preferred shares, representing 16.95% of this class.
Karpus, a New York investment adviser, has sole voting and sole dispositive power over all reported shares, which are held in accounts it manages. The filing states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Eagle Point Credit.
Positive
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Negative
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FAQ
What ownership stake does Karpus report in Eagle Point Credit (ECC) preferred shares?
Is Karpus Management’s stake in Eagle Point Credit (ECC) considered passive or activist?
Who has voting and dispositive power over Eagle Point Credit (ECC) shares held by Karpus?
What type of entity is Karpus Management in relation to the Eagle Point Credit (ECC) filing?
How is Karpus Management related to City of London Investment Group in the ECC filing?