Karpus reports 5.79% stake in Eagle Point Credit
Karpus Management, Inc., doing business as Karpus Investment Management, has filed an amended Schedule 13G reporting beneficial ownership of 61,395 preferred shares of Eagle Point Credit Company Inc..
Rhea-AI Filing Summary
Karpus Management, Inc., doing business as Karpus Investment Management, has filed an amended Schedule 13G reporting beneficial ownership of 61,395 preferred shares of Eagle Point Credit Company Inc.. This stake represents 5.79% of the preferred class identified by CUSIP 269809703.
Karpus, a New York investment adviser controlled by City of London Investment Group plc, reports sole voting and dispositive power over all 61,395 shares and no shared power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Eagle Point Credit.
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FAQ
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What stake in Eagle Point Credit Co Inc. (ECC) does Karpus report?
What type of security is covered in this ECC Schedule 13G/A filing?
How large is Karpus’s ownership percentage in ECC preferred stock?
What does the ECC Schedule 13G/A say about Karpus’s investment intent?
Who controls Karpus Management, Inc. according to the ECC filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.