ECCC

Eagle Point Credit Company Inc. preferred securities represent a senior class of equity ownership in the closed-end fund that invests in CLO equity and junior debt. These preferred shares typically offer fixed dividend rates and have priority over common shares in distributions and liquidation. The securities provide investors with higher yields than traditional fixed income but rank below the fund's debt obligations. These instruments appeal to income-focused investors seeking exposure to the CLO market with reduced volatility compared to common shares.