| 7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025 |
April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trades to de-risk my portfolio. There were 2 corporate actions in the last month that also saw two more positions removed from my CEF portfolio, but overall, I was a net buyer for the month. |
seekingalpha.com |
2025-05-14 16:36:57 |
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| It's Raining CLO Equity CEFs And Why We Got Longer |
The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns during periods of market volatility. |
seekingalpha.com |
2025-05-08 10:42:54 |
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| CEF Weekly Review: CLO CEFs' NAVs Take It On The Chin In March |
We review the CEF market valuation and performance through the third week of April and highlight recent market action. Nearly all CEF sectors finished in the green this week, though month-to-date performance remains underwater. The median CEF sector discount has bounced off the trough, trading near the longer-term historical average, recovering close to half its April drawdown. |
seekingalpha.com |
2025-04-27 02:36:53 |
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| Dirt Cheap Preferred Stocks For Safer Income, +9% Yield |
Fearful markets present opportunities for income investors. Embrace the Income Method to cut through market noise, focusing on reliable, growing income by investing higher up in the capital structure. We discuss our top picks that enjoy safety by being higher up in the capital structure; yields +9%. |
seekingalpha.com |
2025-04-21 11:35:00 |
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| Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred |
Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred offerings from CLO CEFs provide safer, more stable income, balancing risk-reward when it comes to seeking income. We have new offerings in the space since our last update, leading to greater diversification potential and increasing the viability of setting up a ladder of maturities. |
seekingalpha.com |
2025-03-20 13:17:06 |
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| Eagle Point Credit Co LLC (ECC) Q4 2024 Earnings Call Transcript |
Eagle Point Credit Co LLC (NYSE:ECC ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Garrett Edson - ICR, Investor Relations Thomas Majewski - Chief Executive Officer Ken Onorio - Chief Financial Officer and Chief Operating Officer Conference Call Participants Randy Binner - B. Riley Securities Erik Zwick - Lucid Capital Markets Operator Greetings, and welcome to Eagle Point Credit Company Inc. Fourth Quarter 2024 Financial Results Conference Call. |
seekingalpha.com |
2025-02-20 16:15:48 |
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| Preferreds Weekly Review: Agency mREITs Deliver Good Results |
We take a look at the action in preferreds and baby bonds through the last week of January and highlight some of the key themes we are watching. Preferred stocks saw mixed performance with Energy and Utilities sectors gaining; January's gain nearly offset December's losses. Agency mortgage REITs like AGNC and Annaly reported earnings that are broadly positive for preferreds shareholders. |
seekingalpha.com |
2025-02-09 13:00:35 |
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| Preferreds Weekly Review: Fixed-Rate Preferreds Underperform |
We take a look at the action in preferreds and baby bonds through the second week of December and highlight some of the key themes we are watching. All preferred stock sectors declined as longer-term Treasury yields rose; mREITs outperformed due to SOFR Fix/Float and CMT Reset preferreds. BDC GAIN issued a 7.875% 2030 baby bond. |
seekingalpha.com |
2024-12-22 08:23:31 |
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| Eagle Point Credit Co LLC (ECC) Q3 2024 Earnings Call Transcript |
Eagle Point Credit Co LLC (NYSE:ECC ) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET Corporate Participants Garrett Edson - ICR, Investor Relations Tom Majewski - Chief Executive Officer Ken Onorio - Chief Financial Officer and Chief Operating Officer Conference Call Participants Mickey Schleien - Ladenburg Thalmann Matthew Howlett - B. Riley Securities Paul Johnson - KBW Greg Kraut - KPG Funds Operator Greetings. |
seekingalpha.com |
2024-11-14 14:54:13 |
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| Eagle Point Credit Co LLC (ECC) Q2 2024 Earnings Call Transcript |
Eagle Point Credit Co LLC (NYSE:ECC ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Garrett Edson - ICR, Investor Relations Thomas Majewski - Chief Executive Officer Kenneth Onorio - Chief Financial Officer and Chief Operating Officer Conference Call Participants Mickey Schleien - Ladenburg Thalmann & Co. Inc. Mitchel Penn - Oppenheimer & Co. Inc. Matthew Howlett - B. Riley Securities, Inc. Paul Johnson - Keefe, Bruyette & Woods Steven Bavaria - Inside the Income Factory Operator Greetings. |
seekingalpha.com |
2024-08-06 18:34:02 |
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| Picks And Themes In The CLO Sector |
CLOs remain very popular investment vehicles and have seen sizable inflows recently, judging by the AUM of open-end funds. We highlight some of the dynamics and key themes in the CLO market that can help investors guide their allocations. Current CLO market themes include a lack of new loans, drop in credit spreads, strong demand for CLO exposure, and improvement in CLO portfolio quality. |
seekingalpha.com |
2024-07-29 13:00:00 |
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| CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income |
Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment. |
seekingalpha.com |
2024-06-28 14:20:49 |
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| Eagle Point Credit Co LLC (ECC) Q1 2024 Earnings Call Transcript |
Eagle Point Credit Co LLC (NYSE:ECC ) Q1 2024 Earnings Conference Call May 21, 2024 10:00 AM ET Company Participants Garrett Edson - ICR, IR Tom Majewski - CEO Ken Onorio - CFO & COO Conference Call Participants Mickey Schleien - Ladenburg Thalmann Operator Greetings, and welcome to the Eagle Point Credit Company First Quarter 2024 Financial Results Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-05-21 16:28:06 |
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| Preferreds Weekly Review: Comparing Term And Perpetual Preferreds |
We take a look at the action in preferreds and baby bonds through the third week of January and highlight some of the key themes we are watching. Preferreds were flat despite rising Treasury yields. Month-to-date, the higher-beta sectors outperformed. There are arguments on both sides when allocating between term and perpetual preferreds. |
seekingalpha.com |
2024-01-28 12:03:46 |
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| CEF Weekly Commentary | Swap Some MAIN Bonds? |
Macro markets saw positive movement, with the S&P 500 up 1.81% and bonds performing well. The PPI report offset slightly hot CPI, leaving uncertainty about how the Fed will respond to rising inflation figures. PIMCO Corp & Inc Strat (PCN), a fund I've been high on for some time, has gone parabolic. There was a recommendation from a Seeking Alpha author that likely drove. |
seekingalpha.com |
2024-01-19 10:00:00 |
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| OXLC And ECC: Climbing Up The Capital Stack For Safe Income |
Oxford Lane Capital Corp. (OXLC) and Eagle Point Credit Co. (ECC) are popular income investments that invest in the lowest tranches of collateralized loan obligations (CLOs). OXLC and ECC leverage their portfolios to support high distribution yields, but this adds more risk and amplifies losses during downturns. Investing in the baby bonds and preferred offerings of OXLC and ECC, and the other CLO funds, can provide safer and steadier cash flow opportunities for conservative investors. |
seekingalpha.com |
2023-12-04 16:46:42 |
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| Eagle Point Credit Co LLC (ECC) Q3 2023 Earnings Call Transcript |
Eagle Point Credit Co LLC (NYSE:ECC ) Q3 2023 Earnings Conference Call November 14, 2023 10:00 AM ET Company Participants Garrett Edson - ICR Tom Majewski - Chief Executive Officer Ken Onorio - Chief Financial Officer & Chief Operating Officer Conference Call Participants Mickey Schleien - Ladenburg Thalmann Ryan Lynch - KBW Matthew Howlett - B. Riley Securities Steven Bavaria - Inside the Income Factory Operator Greetings, and welcome to the Eagle Point Credit Company's Third Quarter 2023 Financial Results Call. |
seekingalpha.com |
2023-11-14 16:27:04 |
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| CLO Equity CEFs: A Round-Up Of The Highest-Yielding CEF Sector |
We review the CLO Equity CEF sector, which got a new addition recently with CCIF. The sector's valuation has deflated recently, though most funds continue to trade at premiums. CLO Equity CEF returns have beaten nearly all other credit CEFs over the longer term; however, they lag the yields of the funds. |
seekingalpha.com |
2023-09-26 07:09:35 |
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| Eagle Point Credit Co LLC (ECC) Q2 2023 Earnings Call Transcript |
Eagle Point Credit Co LLC (NYSE:ECC ) Q2 2023 Earnings Conference Call August 15, 2023 10:00 AM ET Company Participants Peter Sceusa - ICR Thomas Majewski - CEO & Interested Director Kenneth Onorio - CFO & COO Conference Call Participants Paul Johnson - KBW Matthew Howlett - B. Riley Securities Operator Greetings, and welcome to Eagle Point Credit Company's Second Quarter 2023 Financial Results Conference Call. |
seekingalpha.com |
2023-08-15 17:26:03 |
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| Preferreds Weekly Review: Term Preferreds Yields Aren't Well Understood |
We take a look at the action in preferreds and baby bonds through the third week of July and highlight some of the key themes we are watching. Preferreds mostly rallied on the week as credit spreads continued to tighten in line with the soft landing narrative. Term preferred yields remain opaque to many income investors, resulting in inefficient pricing and opportunities. |
seekingalpha.com |
2023-07-29 14:38:08 |
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| Eagle Point Credit Company, Inc. (ECC) Q1 2023 Earnings Call Transcript |
Eagle Point Credit Company, Inc. (NYSE:ECC ) Q1 2023 Earnings Conference Call May 23, 2023 10:00 AM ET Company Participants Garrett Edson - ICR Thomas Majewski - CEO & Interested Director Kenneth Onorio - CFO & COO Conference Call Participants Mickey Schleien - Ladenburg Thalmann Paul Johnson - KBW Operator Greetings. Welcome to Eagle Point Credit Company Inc. First Quarter 2023 Financial Results Call. |
seekingalpha.com |
2023-05-23 16:49:12 |
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| CEF Weekly Review: Comparing Yield To Long-Term Performance Requires Care |
We review CEF market valuation and performance through the second week of May and highlight recent market action. CEFs were broadly down this week, under pressure from falling Treasuries and stocks. |
seekingalpha.com |
2023-05-21 08:45:06 |
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| CEF Weekly Review: Investors Continue To Shy Away From Loans And Munis |
CEF Weekly Review: Investors Continue To Shy Away From Loans And Munis. |
seekingalpha.com |
2023-04-22 11:55:29 |
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| CEF Weekly Review: EPS More Instructive Than Coverage These Days |
We review CEF market valuation and performance through the third week of February and highlight recent market action. Nearly all CEF sectors were down as worries about further rises in the policy rate returned on the back of upside inflation surprises. |
seekingalpha.com |
2023-02-25 08:36:39 |
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| Eagle Point Credit Company, Inc. (ECC) Q4 2022 Earnings Call Transcript |
Eagle Point Credit Company, Inc. (NYSE:ECC ) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET Company Participants Garrett Edson - ICR Thomas Majewski - CEO & Interested Director Kenneth Onorio - CFO & COO Conference Call Participants Mickey Schleien - Ladenburg Thalmann & Co. Paul Johnson - KBW Matthew Howlett - B. Riley Steven Bavaria - The Income Factory Operator Greetings, and welcome to Eagle Point Credit Company Inc. Fourth Quarter 2022 Financial Results Call. |
seekingalpha.com |
2023-02-22 23:18:04 |
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| Recession Coming Soon: Safeguard Your Income! |
We are about to head into a period of economic unrest caused by the Fed's rapid increase in interest rates and the uncertainty over when the Fed will taper off. While we don't expect a recession until late next year, the next 6 to 9 months is the time to begin preparations. |
seekingalpha.com |
2023-01-01 16:30:00 |
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| 99 Monthly Paying Dividend Stocks And 80 Funds For November |
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These November U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (99); 2. Stocks by price upside (30); 3. Closed-End Investments, Exchange-Traded Funds & Notes (CEICs/ETFs/ETNs) by yield >9.39% (80). |
seekingalpha.com |
2022-11-23 00:08:14 |
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