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0 -0.000807102502017739 -0.000807102502017739 -0.00322841000807096 -0.00484261501210658 -0.00968523002421301 -0.0112994350282486 -0.00645682001614206
Stock impact report

Eagle Point Credit: Please Don't Buy This Troubled Yield Play [Seeking Alpha]

Eagle Point Credit Company Inc. (ECC) 
Company Research Source: Seeking Alpha
Despite a current yield of 27.4%, ECC's share price has declined, and distributions far exceed realized and unrealized gains, eroding shareholder value. ECC's heavy focus on risky CLO equity tranches and ongoing dilution through new share issuance have failed to offset persistent investment shortfalls. Investors are better off seeking alternatives, as ECC's business model returns less than invested and is deemed unsustainable for long-term wealth preservation. design master/iStock via Getty Images I have made a rather substantial mistake. Back in September 2023, I wrote an article about Eagle Point Credit ( ECC ), a rather interesting closed-end management investment firm that pays out a very high distribution. In that article, I told investors More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real pote Show less Read more
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