Eagle Point Credit Company Inc. [ECCV]
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Eagle Point Credit Company Inc. preferred securities are a senior equity class issued by the CLO-focused closed-end fund, offering fixed dividend payments to shareholders. These shares rank above common stock in the capital structure, providing downside protection and priority in distributions. The preferred securities deliver higher current income than common shares while maintaining a fixed dividend rate. This instrument serves investors seeking stable income from the structured credit market with enhanced safety features.