ECC, OCCI Or Neither Of Them: A Pairs Trade For 2 CEFs
Group 1 - The focus is on closed-end funds (CEFs) for identifying directional and arbitrage opportunities due to market price deviations [1] - There is a current preference for low-duration debt from CLO CEFs, with strategies to short overvalued CEFs as a hedge [2] - The investment group Trade With Beta provides frequent picks for mispriced preferred stocks and baby bonds, along with weekly reviews of over 1200 equities [2] Group 2 - The company has a beneficial long position in Eagle Point Credit Co. LLC (ECC) through various financial instruments [2] - There is a short position in OCCI, indicating a bearish outlook on this specific CEF [3]