SCHEDULE: Karpus Management Discloses 4.66% Stake in Eagle Point Preferred
Beneficial Ownership Report
Karpus Management, Inc. has reported a 4.66% beneficial ownership stake in the preferred securities of Eagle Point Credit Co Inc. as of September 30, 2025.
Summary
- Karpus Management, Inc., an investment adviser, has filed a Schedule 13G regarding its beneficial ownership in Eagle Point Credit Co Inc.
- The filing indicates beneficial ownership of 49,445.00 shares of preferred securities.
- This ownership represents 4.66% of the total class of preferred securities.
- Karpus Management, Inc. holds sole voting and sole dispositive power over all 49,445.00 shares.
- The event requiring this filing occurred on September 30, 2025.
- Karpus Management, Inc. is controlled by City of London Investment Group plc, but maintains effective informational barriers, meaning beneficial ownership is not attributed to CLIG.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: Neutral, as this is a factual disclosure of beneficial ownership without any performance or forward-looking statements from the issuer.
Future Outlook
NA
Industry Context
This filing indicates an institutional investment adviser, Karpus Management, Inc., has taken a significant, though non-controlling, stake in Eagle Point Credit Co Inc.'s preferred securities. Such disclosures are standard for institutional investors crossing certain ownership thresholds, reflecting their portfolio management activities.
Stakeholder Impact
- Shareholders: Indicates institutional interest in the company's preferred securities, potentially signaling confidence from a professional investment manager.
Key Dates
| Date | Description |
|---|---|
| 09/30/2025 | Date of event requiring the filing of this statement. |
| 11/14/2025 | Date of signature for the Schedule 13G filing. |
Keywords
Eagle Point Credit Co Inc., Karpus Management Inc., Schedule 13G, Beneficial Ownership, Preferred Stock, Investment Adviser, SEC Filing, Institutional Ownership
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