Eagle Point Credit Company

ECC and OXLC invest shareholder capital into CLO equity, offering high yields with an elevated risk profile. Which is the better option for your portfolio? Both funds have high fees and declining NII, but ECC's distributions are better covered, making it a potentially safer bet. Not only that, but ECC's price returns show less NAV decay over time, which is likely a result of the fund's more concentrated approach.» Mehr auf seekingalpha.com

The private credit market has grown significantly post-pandemic, driven by tighter lending regulations and investor interest in higher yields, with private lenders offering more flexibility. Eagle Point Credit, a fund focused on collateralized loan obligations, has become increasingly volatile, due to macroeconomic policy uncertainty and rising financing costs for middle market companies. Despite historical success, ECC faces risks from widening credit spreads and increased use of payment-in-kind, indicating potential creditworthiness issues among middle market borrowers.» Mehr auf seekingalpha.com

We review the CEF market valuation and performance through the third week of April and highlight recent market action. Nearly all CEF sectors finished in the green this week, though month-to-date performance remains underwater. The median CEF sector discount has bounced off the trough, trading near the longer-term historical average, recovering close to half its April drawdown.» Mehr auf seekingalpha.com