Eagle Point Credit Company Inc. [ECCX]
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Eagle Point Credit Company Inc. preferred securities are a senior class of equity ownership in the closed-end fund that concentrates on CLO equity and mezzanine tranches. These preferred shares offer predetermined dividend rates and stand ahead of common equity in both distributions and asset claims. The securities balance higher yields from CLO exposure with the stability of fixed-rate preferred dividends and senior status. This instrument attracts investors seeking enhanced income from structured credit with priority protections.