Detail akcie Eagle Point Credit online

Business Summary: Eagle Point Credit Company Inc. is an externally managed, non-diversified closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The Company seeks to achieve its investment objectives by investing primarily in equity and junior debt tranches of collateralized loan obligations (CLOs) that are collateralized by a portfolio consisting primarily of below investment grade United States senior secured loans with a large number of distinct underlying borrowers across various industry sectors. The Company invests in various industries, including technology: software and services, media; hotels, restaurants and leisure; health care providers and services; diversified financial services; commercial services and supplies; diversified telecommunication services; professional services; insurance, and chemicals.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, Eagle Point Credit Company Inc revenues increased 31% to $130.2M. Net income decreased 61% to $35M. Revenues reflect Interest income increase of 32% to $124.2M, Dividend income increase from $57K to $638K, Other income increase of 1% to $5.4M. Net income was offset by Net change in unrealized appreciation (d decrease from $40.4M (income) to $18.1M (expense).