Karpus Management reports 5.81% stake in Eagle Point Credit Co Inc. (ECC)
Rhea-AI Filing Summary
Eagle Point Credit Co Inc. ownership disclosure: Karpus Management, Inc. reports beneficial ownership of 61,595 shares of Preferred (CUSIP 269809703), representing 5.81% of the class in an amendment to its Schedule 13G.
The filing states the shares are owned directly by accounts managed by Karpus and that Karpus exercises sole voting and dispositive power over these Preferred shares. The statement is signed by the firm's Chief Compliance Officer on 05/14/2026.
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Insights
Karpus reports a 5.81% preferred stake in Eagle Point Credit Co Inc.
Karpus Management, Inc. is listed as beneficial owner of 61,595 shares of Preferred (CUSIP 269809703). The filing is an amendment to a Schedule 13G and states these shares are held directly in accounts managed by Karpus, with sole voting and dispositive power.
The report notes an informational barrier with CLIG per SEC guidance; timing and any trading intentions are not disclosed in the excerpt. Subsequent filings would show changes in position.
Amendment clarifies beneficial ownership and power over preferred shares.
The Schedule 13G/A format indicates passive/beneficial ownership reporting rather than an active transaction notice. The filing explicitly records sole voting and sole dispositive power for 61,595 shares and cites SEC Release No. 34-39538 for attribution treatment with CLIG.
Signatory is the Chief Compliance Officer on 05/14/2026. Future amendments would reflect any material ownership changes.