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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
10.56% 6.45% 381.46M 158748.0
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
5.09% 52.80% -2.619M Upgrade

Basic Info

Investment Strategy
In the primary CLO market, the fund seeks to invest in CLO securities that the Adviser believes have the potential to generate attractive risk-adjusted returns and to outperform other similar CLO securities issued within the respective vintage period. The Fund intends to pursue a differentiated strategy within the CLO market focused on: • proactive sourcing and identification of investment opportunities; • utilization of our methodical and rigorous investment analysis and due diligence process; • active involvement at the CLO structuring and formation stage; and • taking, in many instances, significant stakes in CLO equity and junior debt tranches.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index S&P/LSTA Leveraged Loan TR
Prospectus Objective Income
Fund Owner Firm Name Eagle Point Credit Management
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Daniel Ko 6.57 yrs
Daniel Spinner 6.57 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 54
-2.619M
-1.495B Category Low
3.017B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2018

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 11, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
--
-7.47%
17.30%
28.36%
-13.69%
18.85%
-20.78%
28.70%
5.97%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-2.72%
-1.47%
-1.95%
23.08%
-0.18%
-4.02%
14.05%
2.74%
9.78%
0.48%
-19.63%
34.98%
13.16%
12.87%
-0.91%
-14.83%
36.36%
0.63%
0.75%
27.96%
-4.14%
-5.58%
10.61%
-0.07%
6.93%
-2.77%
3.11%
19.39%
3.90%
-12.28%
18.97%
-0.84%
10.27%
As of May 11, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (5-12-21) 5.09%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price Upgrade
As of December 31, 2020

Asset Allocation

As of December 31, 2020.
Type % Net % Long % Short
Cash 1.32% Upgrade Upgrade
Stock 0.15% Upgrade Upgrade
Bond 133.5% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.07% Upgrade Upgrade
Other -35.01% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
BRISTOL PARK CLO LTD
5.57% -- --
Barings Income Nt Ltd 2018-I FRN
3.79% -- --
BATTALION CLO LTD 2015-9
3.64% -- --
Clo Income Note
3.27% -- --
Ares Income Nt Xliii 144A
3.24% -- --
Octagon Income Nt 44 144A
3.22% -- --
THL CREDIT WIND RIVER CLO LTD
3.22% -- --
Clo Income Note
3.11% -- --
Ares Income Nt Xli 144A FRN
2.91% -- --
Cifc Fdg 2019-Iv Inv 144A
2.84% -- --

Basic Info

Investment Strategy
In the primary CLO market, the fund seeks to invest in CLO securities that the Adviser believes have the potential to generate attractive risk-adjusted returns and to outperform other similar CLO securities issued within the respective vintage period. The Fund intends to pursue a differentiated strategy within the CLO market focused on: • proactive sourcing and identification of investment opportunities; • utilization of our methodical and rigorous investment analysis and due diligence process; • active involvement at the CLO structuring and formation stage; and • taking, in many instances, significant stakes in CLO equity and junior debt tranches.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index S&P/LSTA Leveraged Loan TR
Prospectus Objective Income
Fund Owner Firm Name Eagle Point Credit Management
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Daniel Ko 6.57 yrs
Daniel Spinner 6.57 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (5-12-21) 5.09%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price Upgrade
As of December 31, 2020

Fund Details

Key Dates
Inception Date 10/8/2014
Last Annual Report Date 12/31/2020
Last Prospectus Date --
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No