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Stock impact report

Eagle Point Credit: Distributions Are Sustainable For Now [Seeking Alpha]

Eagle Point Credit Company Inc. (ECC) 
Company Research Source: Seeking Alpha
ECC's portfolio is heavily weighted toward CLO equity, exposing it to elevated credit risk and sensitivity to high interest rates. Despite sufficient cash flow to support distributions, persistent NAV erosion and limited growth potential warrant caution for new accumulation. Maintain Hold rating on ECC, as the discounted valuation reflects internal portfolio weakness rather than a compelling buying opportunity. Dragon Claws/iStock via Getty Images Overview Income funds like Eagle Point Credit Co. ( NYSE: ECC ) can be an effective way to offset the market volatility and uncertainty that traditional equities expose investors to. ECC currently offers a massive double-digit yield This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of ECC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking A Show less Read more
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