ECC: A High Yield Macroeconomic Bet On Low Default Rates

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 ...