Eagle Point Credit Company

Eagle Point Credit released an unaudited management estimate of NAV per common share as of August 31, 2026, in a range of $4.29 to $4.39 (SEC filing). The company also reported that NAV rose to $4.51 per share in the second quarter and recorded GAAP net income of $70 million ($0.53 per share), which it attributed to improved CLO valuations and higher credit prices. » Altro su de.investing.com

Eagle Point Credit Company said net asset value rose 8% in Q2 as loan prices and CLO equity valuations rebounded. Management executed portfolio rotations including 8 resets and 7 refinancings, cut exposure to underperforming CLO managers and increased non‑CLO investments to 38% focusing on infrastructure credit and specialty finance. Strategic partnerships with Muzinich are expanding CLO equity access and revenue sharing. Look‑through defaults remain low at 14 basis points, but leverage is 47% of assets above the long‑term target and management plans to reduce it toward 27.5%–37.5% over time while maintaining no financing maturities before January 2029. » Altro su finance.yahoo.com

Eagle Point Credit's NAV fell to $4.17 per share in Q1 from $5.70 at year-end, driven by weakness in leveraged loan and CLO equity valuations, though management said the portfolio fundamentals were stable and NAV recovered to an estimated $4.49–$4.59 in April. The company declared three monthly distributions of $0.06 per share for Q3, saying the level aligns with near-term earnings and is intended to be sustainable. Eagle Point deployed $100 million of new investments at a weighted average yield of 18.9%, increased exposure to infrastructure and other non-CLO credit, and completed CLO resets and refinancings that lowered debt costs and extended reinvestment periods. Pro forma for April performance and recent redemptions, leverage was about 47% with a long-term target range of 27.5%–37.5% as market conditions normalize. » Altro su finance.yahoo.com

Eagle Point Credit said in an SEC filing it has an unaudited management estimate of net asset value (NAV) per common share as of April 30, 2026, in a range of $4.49 to $4.59. The company gave no further details on the basis for the estimate. Previously, Eagle Point reported mixed Q4 2025 results with EPS of $0.23 (expected $0.21) and revenue of $51.2 million, slightly below expectations; however, a decline in NAV and reduced distributions had prompted investor concerns. » Altro su de.investing.com

Eagle Point Credit reported a GAAP return on common equity of -14.6% for 2025, a Q4 GAAP net loss attributable to common stock of $110 million (‑$0.84 per share), and NAV of $5.70 per share at year‑end, down from $7.00 at Sept. 30. The board reduced common distributions to $0.06 per share monthly for Q2 2026 and said no special distribution is expected this year to align payouts with near‑term net investment income. Management highlighted heavy portfolio activity (34 resets, 27 refinancings in 2025), a larger non‑CLO allocation (~26% of the portfolio), redemption of the high‑cost 8% Series F, issuance of perpetual preferreds, and elevated leverage (~48%) it intends to reduce over time. The company authorized a $100 million share repurchase program and sees continued deployment opportunities in CLO equity and other credit assets amid ongoing loan spread compression. » Altro su finance.yahoo.com