Eagle Point Credit: Avoid This 20%+ Yield Trap

Group 1 - Cash Flow Club focuses on businesses with strong cash generation, ideally with a wide moat and significant durability, which can be highly rewarding when bought at the right time [1] - Eagle Point Credit Co. LLC (ECC) is identified as a high-yielding closed-end fund, but concerns include massive share count dilution, a premium to net asset value, and a weak track record [1] - The investment group emphasizes access to a leader's personal income portfolio targeting yields of 6% or more, along with community chat and transparency on performance [1] Group 2 - Jonathan Weber has been active in the stock market and as a freelance analyst, focusing primarily on value and income stocks while occasionally covering growth [2]