Eagle Point Credit : ECC March 2026 Monthly Portfolio Update

Published: 2026-04-22 17:47:10 ET ECC

Published on 04/22/2026 at 05:47 pm EDT

‌Total Net Asset Value (est.)

$551.1 million

Net Asset Value per share (est.)

$4.12 - 4.22

Closing Price per share

$3.76

Premium / (Discount)2

(9.83%)

Total Market Capitalization3

$1,047.0 million

Common Stock

ECC

Series C 6.50% Preferred Stock Due 2031

ECCC

Series D 6.75% Preferred Stock

ECC PRD

Series 2028 6.6875% Notes

ECCX

Series 2031 6.75% Notes

ECCW

Series 2029 5.375% Notes

ECCV

Series 2030 7.75% Notes

ECCU

EAG LE P O I NT CREDI T CO M P ANY

M ARCH 2026

Annualized Total Return

Cumulative

March 2026

YTD

1 year

3 year

5 Year

Since Inception

ECC

-3.23%

-28.13%

-38.56%

-12.63%

-2.34%

2.39%

31.15%

S&P UBS Leveraged Loan Index

0.61%

-0.47%

4.79%

8.02%

5.85%

4.89%

73.00%

ICE BofA US High Yield Index

-1.19%

-0.55%

6.90%

8.50%

4.19%

4.94%

74.10%

S&P BDC Index

2.08%

-10.06%

-13.98%

7.05%

6.41%

6.33%

102.46%

Performance, which is as of March 31, 2026, represents past performance. Past performance is not indicative of, or a guarantee of, future performance. Total return is based on ECC's closing stock price during the applicable period and assumes that any dividends or distributions are reinvested on the applicable payment dates at prices obtained by the Company's dividend reinvestment plan. Future results may vary and may be higher or lower than the data shown. ECC's inception date is November 7, 2014.

Number of Unique Underlying Loan Obligors

1,841

Largest Exposure to an Individual Obligor

0.59%

Average Individual Loan Obligor Exposure

0.05%

Top 10 Loan Obligors Exposure

4.58%

Currency: USD Exposure

87.96%

Aggregate Indirect Exposure to Senior Secured Loans6

95.43%

Weighted Average Junior OC Cushion

4.39%

Weighted Average Market Value of Loan Collateral

95.33%

Weighted Average Stated Loan Spread

3.15%

Weighted Average Loan Rating7

B+/B

Weighted Average Loan Maturity

4.7 years

Weighted Average Remaining CLO Reinvestment Period

3.4 years

CLO Equity 66.3%

CLO Debt 0.7%

Regulatory Capital Relief 9.2% ABS / Specialty Finance 5.5%

Portfolio Debt Securities 9.2%

Infrastructure Credit 6.3%

Strategic Credit 1.4%

Cash 1.4%

Top 10 Underlying Obligors5

Obligor

% Total

Transdigm

0.6%

Hologic

0.5%

Virgin Media

0.5%

Froneri International

0.5%

Power Solutions

0.4%

Belron Finance

0.4%

Tibco Software

0.4%

Howden

0.4%

Focus Financial Partners

0.4%

Allied Universal

0.4%

Total

4.6%

Top 10 Industries of Underlying Obligo

rs5,8

Industry

% Total

Technology: Software & Services

10.8%

Hotels, Restaurants & Leisure

5.3%

Health Care Providers & Services

5.2%

Diversified Financial Services

5.0%

Media

4.4%

Commercial Services & Supplies

4.4%

Professional Services

4.3%

Chemicals

3.7%

Insurance

3.6%

Technology: Hardware & Equipment

2.9%

Total

49.7%

Country

United States United Kingdom France Netherlands

% Total

83.9%

3.9%

2.3%

2.2%

Credit Type

First Lien

Senior Secured Bond Senior Unsecured Bond Second Lien

% Total

95.4%

2.1%

1.9%

0.5%

Germany

1.9%

Unsecured Loan

0.0%

Luxembourg

1.7%

Total

100.0%

Canada

1.3%

Italy

0.6%

Other

2.2%

Total

100.0%

EAG LE P O I NT CREDI T CO M P ANY

M ARCH 2026

‌35%

% of Fund Exposure

25%

15%

0.9%

0.3%

3.6%

1.6%

6.3%

9.3%

16.1%

31.6%

21.9%

3.2%

0.5% 0.5%

40%

Prior to 2028,

only 2.3% of the underlying portfolio matures

29.2%

22.8%

14.8%

12.3% 13.6%

4.9%

2.1%

0.2%

% of Fund Exposure

30%

20%

10%

-5% BBB+ BBB BBB- BB+ BB BB- B+ B B- CCC+ CCC CCC- 0%

and Above

S&P Issuer Rating

and Below

2026 2027 2028 2029 2030 2031 2032 2033+

Maturity

52.1%

13.0%

7.2%

9.5%

11.8%

2.8%

3.0%

0.5%

22.9%

19.1%

18.6%

12.5%

12.6%

6.7%

3.7%

2.1% 1.1% 0.6% 0.0%

30%

% of Fund Exposure

45%

30%

15%

20%

% of Fund Exposure

10%

x<70 70≤x<80 80≤x<90 90≤x<95 95≤x<97.5 97.5≤x<100 100-100.5 x≥100.5

Market Value

≤2.0% 2.0-2.5% 2.5-3.0% 3.0-3.5% 3.5-4.0% 4.0-4.5% 4.5-5.0% 5.0-5.5% 5.5-6.0% 6.0-8.0% >8.0%

Stated Spread

Note: Amounts shown in this report are rounded and therefore totals may not foot.

The Company determines its net asset value on a quarterly basis. The net asset value and net asset value per share shown herein (A) are unaudited and estimated by management, (B) are shown for informational purposes only, and (C) are as of the date noted above. Estimates with respect to a calendar quarter end are subject to revision when the Company determines its quarterly net asset value. The net asset value of the Company is calculated as the sum of the value of the Company's portfolio, any cash or cash equivalents held by the Company and the Company's other assets less the Company's liabilities. Net asset value per share is determined by dividing the net asset value of the Company by the number of shares of the Company's common stock outstanding as of the date shown above. The summary of portfolio investments and cash shown is based on the estimated market value of the underlying positions and cash net of pending trade settlements as of March 31, 2026. Such values may vary from the financial statements. Credit ratings reflect the rating at the time of purchase. Cash excludes restricted cash. CLO Equity category includes loan accumulation facilities and other CLO equity related investments. The Company's investment in joint ventures are categorized based on the underlying assets held by the joint ventures.

Premium/discount is calculated to the midpoint of management's unaudited and estimated range of the net asset value per share. Premium/discount for periods after March 31, 2026 will vary based on stock price performance and Company performance.

Combined market capitalization of ECC, ECCC, ECC PRD, ECCU, ECCV, ECCW and ECCX is as of March 31, 2026 closing price. Market capitalization for periods after March 31, 2026 will vary based on stock price performance. Combined market capitalization also includes the principal value of the Company's 7.00% Series AA Convertible and Perpetual Preferred Stock and 7.00% Series AB Convertible and Perpetual Preferred Stock, which are not listed on an exchange.

The performance of an index is not an exact representation of any particular investment, as you cannot invest directly in an index. The indices shown herein have not been selected to represent a benchmark for a strategy's performance, but are instead disclosed to allow for comparison of the Company's returns to that of known, recognized and/or similar indices. The S&P UBS Leveraged Loan Index, formerly the Credit Suisse Leveraged Loan Index, tracks the investable universe of the US-denominated leveraged loan market. The ICE BofA US High Yield Index tracks the performance of high-yield securities traded in the US bond market. The S&P BDC Index is intended to measure the performance of all Business Development Companies ("BDCs") that are listed on the NYSE or NASDAQ and satisfy market capitalization and other eligibility requirements. Although ECC is not a BDC, BDCs generally invest in high yielding credit investments, as does ECC. In addition, similar to ECC, BDCs generally elect to be classified as a regulated investment company under the US Internal Revenue Code of 1986, as amended, which generally requires an investment company to distribute its taxable income to shareholders.

The information presented herein is on a look-through basis to the collateralized loan obligation ("CLO") equity held by the Company as of March 31, 2026 (except as otherwise noted) and reflects the aggregate underlying exposure of the Company based on the portfolios of those investments. The data is estimated and unaudited and is derived from CLO trustee reports received by the Company relating to March 2026 and from custody statements and/or other information received from CLO collateral managers and other third party sources. Information relating to the market price of underlying collateral is as of month end; however, with respect to other information shown, depending on when such information was received, the data may reflect a lag in the information reported. As such, while this information was obtained from third party data sources, March 2026 trustee reports and similar reports, other than market price, it does not reflect actual underlying portfolio characteristics as of March 31, 2026 and this data may not be representative of current or future holdings. Information shown is weighted based on the market value of CLO equity investments held by the Company as of March 31, 2026. Overcollateralization ("OC") refers to the fact that the value of the assets (i.e., broadly syndicated US loans) underlying a CLO exceeds the principal due on the liabilities (i.e., CLO debt securities) required to be repaid.

We obtain our exposure in underlying senior secured loans indirectly through our CLO equity investments.

Credit ratings shown are based on those assigned by Standard & Poor's Rating Group ("S&P") or, for comparison and informational purposes, if S&P does not assign a rating to a particular obligor, the weighted average rating shown reflects the S&P equivalent rating of a rating agency that rated the obligor provided that such other rating is available with respect to a CLO equity investment held by us. In the event multiple ratings are available, the lowest S&P rating, or if there is no S&P rating, the lowest equivalent rating, is used. The ratings of specific borrowings by an obligor may differ from the rating assigned to the obligor and may differ among rating agencies. For certain obligors, no rating is available in the reports received by the Company. Such obligors are not shown in the graphs and, accordingly, the sum of the percentages in the graphs may not equal 100%. Ratings below BBB- are below investment grade. Further information regarding S&P's rating methodology and definitions may be found on its website (https://www.standardandpoors.com). This data includes underlying portfolio characteristics of the Company's CLO equity portfolio.

Industry categories are based on the S&P industry categorization of each obligor as reported in CLO trustee reports to the extent so reported. Certain CLO trustee reports do not report the industry category of all of the underlying obligors and where such information is not reported, it is not included in the summary look-through industry information shown. As such, the Company's exposure to a particular industry may be higher than that shown if industry categories were available for all underlying obligors. In addition, certain underlying obligors may be re-classified from time to time based on developments in their respective businesses and/or market practices. Accordingly, certain underlying borrowers that are currently, or were previously, summarized as a single borrower in a particular industry may in current or future periods be reflected as multiple borrowers or in a different industry, as applicable.

EAG LE P O I NT CREDI T CO M P ANY

M ARCH 2026

The information and its contents are the property of the Company. Any unauthorized dissemination, copying or use of this presentation is strictly prohibited and may be in violation of law.

The Company is a publicly-traded, non-diversified, closed-end management investment company. The Company's primary investment objective is to generate high current income with a secondary objective to generate capital appreciation, primarily through investment in equity and junior debt tranches of CLOs. The Company is externally managed and advised by Eagle Point Credit Management LLC. The Company makes a monthly estimate of NAV and certain additional financial information available to investors via our website (https://www.EaglePointCreditCompany.com). This information includes (1) an estimated range of the Company's 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 per share for the applicable quarter, if available.

"Eagle Point" and "Eagle Point Credit" are registered trademarks of Eagle Point Credit Management LLC.

Past performance is not indicative of, or a guarantee of, future performance. Please review the important information and notes on pages 2 and 3.

Disclaimer

Eagle Point Credit Company Inc. published this content on April 22, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 22, 2026 at 21:46 UTC.