Eagle Point Credit 6.6875% Notes 2018-2028 (414372

Eagle Point Credit Co LLC (NYSE:ECC ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Garrett Edson - ICR, Investor Relations Thomas Majewski - Chief Executive Officer Kenneth Onorio - Chief Financial Officer and Chief Operating Officer Conference Call Participants Mickey Schleien - Ladenburg Thalmann & Co. Inc. Mitchel Penn - Oppenheimer & Co. Inc. Matthew Howlett - B. Riley Securities, Inc. Paul Johnson - Keefe, Bruyette & Woods Steven Bavaria - Inside the Income Factory Operator Greetings. » Mehr auf seekingalpha.com

CLOs remain very popular investment vehicles and have seen sizable inflows recently, judging by the AUM of open-end funds. We highlight some of the dynamics and key themes in the CLO market that can help investors guide their allocations. Current CLO market themes include a lack of new loans, drop in credit spreads, strong demand for CLO exposure, and improvement in CLO portfolio quality. » Mehr auf seekingalpha.com

Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment. » Mehr auf seekingalpha.com