Eagle Point Credit Company Inc. Awarded “Best Closed-End CLO Fund” by Creditflux

Rhea-AI Summary

Eagle Point Credit Company has been awarded the title of “Best Closed-End CLO Fund” by Creditflux at their Manager Awards in London on September 8. This recognition is based on data from January 2020 to March 2021, focusing on the change in value of eligible funds during a period of uncertainty in global markets. CEO Thomas Majewski expressed pride in the team’s efforts that led to this achievement, highlighting the company’s commitment to generating high current income and capital appreciation through investments in collateralized loan obligations.

Positive

• Awarded 'Best Closed-End CLO Fund' by Creditflux.
• Recognition based on data-driven performance from January 2020 to March 2021.

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• None.

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC) has been named “Best Closed-End CLO Fund” by Creditflux, a leading global information source covering credit funds and CLOs.

The award was presented at Creditflux’s Credit Symposium and Manager Awards, which took place in London on September 8^th. The annual Creditflux Manager Awards recognize leading managers and funds based purely on data over the applicable review period. The “Best Closed-End CLO Fund” award category measured the change in value of eligible funds between January 2020 and March 2021.

Portfolio Manager Dan Ko accepted the award virtually on behalf of the Company.

“We are honored to have been recognized during a period of such uncertainly in the global financial markets,” said Thomas Majewski, CEO of the Company. “I’m proud of the work that our team has put in to make this possible.”

ABOUT EAGLE POINT CREDIT COMPANY

The Company is a 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, primarily by investing in equity and junior debt tranches of collateralized loan obligations. The Company is externally managed and advised by Eagle Point Credit Management LLC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210915005632/en/

ICR

Media Relations:

Brian Ruby/Nicole Hakimi

EaglePoint@icrinc.com

Investor Relations:

Garrett Edson

IR@EaglePointCredit.com

Source: Eagle Point Credit Company Inc.

FAQ

What is the significance of the 'Best Closed-End CLO Fund' award for ECC?

The award highlights ECC's strong performance in the CLO sector and enhances its credibility among investors.

When was the 'Best Closed-End CLO Fund' award presented to ECC?

The award was presented on September 8 during the Creditflux Manager Awards in London.

What criteria were used to award ECC as the best fund?

The award was based on the change in value of eligible funds measured from January 2020 to March 2021.

Who accepted the award on behalf of ECC?

Portfolio Manager Dan Ko accepted the award virtually for the company.

What is ECC's primary investment objective?

ECC's primary investment objective is to generate high current income, with a secondary objective of capital appreciation.