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Preferred Stocks And More
Seeking Alpha· 2025-02-02 14:30
Group 1 - The article highlights the benefits of joining High Dividend Opportunities (HDO), which is a community for income investors and retirees with over 8,000 members [2] - HDO's Income Method is designed to generate strong returns regardless of market volatility, simplifying retirement investing [2] - The service offers a Model Portfolio targeting a yield of 9-10%, emphasizing the importance of dividends in investment strategies [2] Group 2 - HDO is currently promoting a 17% discount and a 14-day free trial on its annual subscription price of $599.99 [2]
Eagle Point Credit CEO Tom Majewski On Funds And Income
Seeking Alpha· 2025-01-14 20:15
Core Insights - Eagle Point operates two funds, Eagle Point Credit Company (ECC) and Eagle Point Income Company (EIC), both focused on generating income through credit exposure, with ECC primarily investing in CLO equity and EIC focusing on BB-rated CLO tranches [4][8][10]. Fund Overview - ECC is one of the largest funds globally that owns CLO equity, which is a misunderstood asset class that generates significant cash flow and allows for strong monthly distributions [5][6]. - EIC targets the BB tranche of CLO transactions, which generally carries less risk than equity due to its position in the capital structure [8][10]. - The underlying loans in CLOs are typically senior secured corporate loans, which have historically shown low default rates and positive returns [12][15][18]. Market Dynamics - The CLO market represents about two-thirds of the $1.4 trillion U.S. loan market, with significant involvement from private equity firms [19]. - Recent inflows into CLO ETFs have created demand for CLO AAAs, benefiting ECC as it seeks to maximize equity distributions [32][34]. - The management fee structure of ECC is designed to be shareholder-friendly, charging fees only on common and preferred equity, not on assets purchased with debt [83]. Investment Strategy - The company actively manages its portfolio, directing refinancings and resets of CLO debt to optimize cash flows and reduce costs [71][72]. - A joint venture with a BDC focuses on venture loans, providing exposure to high-yield investments with interest rates between 12% and 16% [77][80]. - The company emphasizes the importance of consistent cash flow from interest income to cover distributions and operational expenses [41][42]. Future Outlook - The company remains optimistic about the corporate credit market, anticipating continued low default rates and tightening spreads, which could enhance investment returns [105][106]. - The management aims to maintain a steady distribution rate while adapting to market conditions, with a long-term focus on shareholder value [66][92].
Eagle Point Credit: Mixed Signals, But Net Bullish
Seeking Alpha· 2025-01-14 11:18
Group 1 - The article emphasizes the importance of delivering alpha-generating investment ideas through a structured, evidence-based approach [1] - The investment strategy involves a generalist approach, analyzing and investing in various sectors with perceived alpha potential compared to the S&P 500 [1] - Typical holding periods for investments range from a few quarters to multiple years, indicating a long-term investment strategy [1] Group 2 - The analyst has disclosed a beneficial long position in VOO shares, indicating confidence in this investment [2] - The article expresses the author's personal opinions and intentions to purchase shares of ECC in the near future, reflecting a proactive investment stance [2]
Preferreds Weekly Review: Fixed-Rate Preferreds Underperform
Seeking Alpha· 2024-12-22 11:23
Group 1 - The article provides a review of the preferred stock and baby bond market, discussing both individual news and broader market trends [4] - It highlights the importance of systematic income strategies and risk management in income portfolios [4] - The cumulative performance data from 2017 to 2023 shows significant fluctuations, with a peak of 1212% in 2021 and a decline of 19% in 2022 [3] Group 2 - The article encourages engagement with investor tools for navigating various markets, including BDC, CEF, OEF, preferreds, and baby bonds [1] - A promotional offer for a 2-week free trial is presented, suggesting a no-risk opportunity for potential investors [2]
Three Buys In This Fed-Fueled Sell Off
Seeking Alpha· 2024-12-20 18:42
Group 1 - The futures market had previously anticipated up to four rate cuts from the Federal Reserve in 2025, but this expectation was revised down to only two rate cuts in the latest FOMC statement [3]
Seeking Yields Of +15%
Seeking Alpha· 2024-12-19 12:35
Whenever the weather gets colder, and the kiss of frost starts coming to the earth, many Americans all across the country start finding their camo apparel. They do so to participate in oneHigh Dividend Opportunities, #1 On Seeking AlphaHDO is the largest and most exciting community of income investors and retirees with over +8000 members. We are looking for more members to join our lively group! Our Income Method generates strong returns, regardless of market volatility, making retirement investing less str ...
Buy The Dip, Collect 18% Yields - Eagle Point Credit
Seeking Alpha· 2024-12-03 12:35
The market continuously tries to be a forward-looking organism. This means that when the economy might be in the depths of its worst"Hope for the best, prepare for the worst"High Dividend Opportunities, #1 On Seeking AlphaHDO is the largest and most exciting community of income investors and retirees with over +8000 members. We are looking for more members to join our lively group! Our Income Method generates strong returns, regardless of market volatility, making retirement investing less stressful, simple ...
2 Income Machines That Keep Pumping Cash
Seeking Alpha· 2024-12-02 12:35
Group 1 - The article promotes a community of income investors and retirees, highlighting its membership of over 8,000 individuals [1] - The Income Method utilized by the community is designed to generate strong returns regardless of market volatility, simplifying retirement investing [1] - A limited-time offer is available, providing a 17% discount on the annual membership price of $599.99 [2]
ECC: A High Yield Macroeconomic Bet On Low Default Rates
Seeking Alpha· 2024-11-19 09:24
Eagle Point Credit Co LLC (NYSE: ECC ) is one of the more popular Closed-End Funds [CEF] among income investors, which perhaps comes as no surprise given its eye-popping dividend yield, which is currently 20.37% [FWD] according to Seeking Alpha. Wright's Research employs a disciplined, long-term approach rooted in contrarian thinking and unorthodox strategies. Our insights are grounded in fundamental analysis and the principles of value investing, allowing us to uncover overlooked opportunities and challeng ...
Eagle Point Credit Co Inc.(ECC) - 2024 Q3 - Earnings Call Presentation
2024-11-14 17:55
EAGLE POINT CREDIT COMPANY QUARTERLY UPDATE – Q3 2024 NOVEMBER 14, 2024 IMPORTANT INFORMATION This presentation and the information and views included herein do not constitute investment advice, or a recommendation or an offer to enter into any transaction with Eagle Point Credit Company Inc. ("ECC" or the "Company") or any of its affiliates. This presentation is provided for informational purposes only, does not constitute an offer to sell securities of the Company or a solicitation of an offer to purchase ...