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ECC.PR.D: Not A Bond And Suitable For Investors With A High Tolerance For Volatility [Seeking Alpha]
Eagle Point Credit Company Inc. (ECC)
More Company Research
Source: Seeking Alpha
NASDAQ:AMEX Investor Relations: eaglepointcreditcompany.com/investor-relations/default.aspx
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ECC.PR.D is perpetual preferred equity, not a bond, and sits as equity on ECC's balance sheet, leading to higher duration risk and price swings. Compared to bonds and
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