SCHEDULE: Karpus Management Discloses Stake in Eagle Point Credit

Karpus Management, Inc. has filed a Schedule 13G, reporting beneficial ownership of 5.81% of Eagle Point Credit Co Inc.'s preferred securities as of March 31, 2026.

Summary

• Karpus Management, Inc. (Karpus), operating as Karpus Investment Management, has filed an amended Schedule 13G with the SEC.
• The filing indicates that Karpus beneficially owns 61,595.00 shares of preferred stock in Eagle Point Credit Co Inc.
• This ownership represents 5.81% of the class of securities.
• Karpus exercises sole voting power and sole dispositive power over these shares.
• The filing is made as of March 31, 2026, and is an amendment to a previous filing.
• Karpus is a registered investment adviser and is controlled by City of London Investment Group plc (CLIG), but maintains independent investment and voting power.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It is a routine disclosure of beneficial ownership by an investment manager and does not provide new operational or financial performance information about the issuer.

Positives

• Karpus Management, a registered investment adviser, has clearly disclosed its beneficial ownership of Eagle Point Credit Co Inc. preferred securities.
• The filing demonstrates transparency regarding a significant ownership stake (5.81%) in the company's preferred stock.
• Karpus exercises full control over voting and disposition of the shares, indicating a clear investment strategy.

Negatives

• The filing does not contain any negative financial performance indicators or operational challenges for Eagle Point Credit Co Inc. itself, as it is a disclosure of ownership by a third party.

Risks

• As a Schedule 13G filing, it primarily reports ownership and does not inherently detail specific risks of the issuer, Eagle Point Credit Co Inc. However, any investor holding a significant stake is subject to the general market and issuer-specific risks associated with the investment.
• Potential for increased scrutiny or influence on the issuer's management or strategy due to the 5.81% ownership stake.

Future Outlook

This filing is a disclosure of current ownership and does not contain forward-looking statements or guidance from Eagle Point Credit Co Inc. itself. Karpus Management's future actions regarding this stake are not specified.

Management Comments

• Karpus Management, Inc. d/b/a Karpus Investment Management ("Karpus" or the "Reporting Person").
• Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940.
• Karpus is controlled by City of London Investment Group plc ("CLIG"), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG.
• The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in publicly traded companies. Karpus Management's disclosure of 5.81% in Eagle Point Credit Co Inc. preferred stock indicates a notable position, potentially influencing market perception or future corporate actions, though the filing itself is a routine disclosure of ownership.

Related Party Transactions

• Karpus Management is controlled by City of London Investment Group plc (CLIG), but informational barriers are in place, and beneficial ownership is not attributed between them for this filing.

Stakeholder Impact

• Shareholders of Eagle Point Credit Co Inc.: The disclosure informs the market about a significant institutional investor's stake, which could influence investor sentiment and trading activity.
• Karpus Management Clients: The filing confirms the management of client assets in accordance with regulatory requirements and investment strategies.
• Regulators (SEC): The filing fulfills the reporting obligations under the Securities Exchange Act of 1934.

Next Steps

• Karpus Management will continue to manage the accounts holding these securities.
• Eagle Point Credit Co Inc. will continue its operations as usual, subject to any future actions by its significant shareholders.

Key Dates

Keywords

Eagle Point Credit Co Inc., Karpus Management, Schedule 13G, Preferred Stock, Beneficial Ownership, Investment Adviser, SEC Filing, Ownership Disclosure, Securities Exchange Act