Eagle Point Credit Company Inc. Announces Third Quarter 2016 Common Distribution
The Company has declared a distribution of
Ex-Dividend Date: | September 28, 2016 | ||||||||||||
Record Date: | September 30, 2016 | ||||||||||||
Payable Date: | October 31, 2016 | ||||||||||||
Amount: | \\$0.60 per share of common stock |
Distributions are generally expected to be paid from net investment income (regular interest and dividends) but may also include capital gains and/or a return of capital. The specific tax characteristics of the distribution will be reported to the Company’s shareholders on Form 1099 after the end of the 2016 calendar year.
ABOUT
The Company is a non-diversified, closed-end management investment
company. The Company’s investment objectives are to generate high
current income and capital appreciation primarily through investment in
equity and junior debt tranches of collateralized loan obligations. The
Company is externally managed and advised by
Thomas P. Majewski,
Daniel W. Ko and
Daniel M. Spinner.
The Company makes certain unaudited portfolio information available each month on its website in addition to making certain other unaudited financial information available on its website (www.eaglepointcreditcompany.com). This information includes (1) an estimated range of the Company’s net investment income (“NII”) and realized capital gains or losses per share of common stock for each calendar quarter end, generally made available within the first fifteen days after the applicable calendar month end, (2) an estimated range of the Company’s NAV per share of common stock for the prior month end and certain additional portfolio-level information, generally made available within the first fifteen days after the applicable calendar month end, and (3) during the latter part of each month, an updated estimate of NAV, if applicable, and, with respect to each calendar quarter end, an updated estimate of the Company’s NII and realized capital gains or losses for the applicable quarter, if available.
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