What is the Symbol of Eagle Point Credit Company Inc.
Contents
Eagle Point Credit Company Inc. is a publicly traded business development company that provides financing solutions for small and medium-sized businesses. The company is headquartered in New York, NY.
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Company Profile
Eagle Point Credit Company Inc. is a closed-end investment management company that focuses on investments in the collateralized loan obligation market. The Company’s investment objective is to provide current income and capital appreciation, primarily through investments in first-lien and second-lien collateralized loan obligations. As of December 31, 2016, the Company’s investment portfolio totaled $2.16 billion. The Company has elected to be regulated as a business development company under the Investment Company Act of 1940.
History
Eagle Point Credit Company Inc. is a closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company’s investment objective is to generate both current income and capital appreciation through investments in junior debt and equity securities of middle market companies. Eagle Point invests primarily in collateralized loan obligations issued by business development companies, mezzanine loans, unsecured and secured bonds, and debentures of middle market companies. The Company seeks to invest in companies with annual revenues between $100 million and $1.5 billion.
Business Model
Eagle Point Credit Company Inc. is a closed-end, non-diversified management investment company that invests primarily in junior capital instruments, defined as second-lien and mezzanine loans, and junior securities of companies that are organized in the United States and derive a significant portion of their revenues or earnings from activities in the United States. The Company has elected to be treated as a business development company under the Investment Company Act of 1940.
The Symbol
The symbol is the most basic and important part of a company’s identity. It is the graphical representation of the company’s brand. The symbol can be something as simple as a letter or a number, or it can be a more complex image. The symbol of Eagle Point Credit Company Inc is a simple eagle.
The Meaning of the Symbol
The meaning of the Eagle Point Credit Company Inc. symbol is twofold. First, the eagle represents strength, power, and determination – all qualities that are essential to success in business. Second, the stars represent the company’s five core values: integrity, respect, teamwork, excellence, and innovation. Together, these two elements combine to create a strong and recognizable symbol that represents the company’s commitment to excellence.
The Significance of the Symbol
Eagle Point Credit Company, Inc. is a closed-end, non-diversified management investment company that has been in operation since 2004. The company’s primary objective is to achieve capital appreciation through investments in subordinated debt and junior equity interests of middle market companies. As of June 30, 2020, Eagle Point Credit Company, Inc.’s portfolio totaled $2.8 billion across 168 companies.
The company’s name and logo are derived from the Bald Eagle, which is not only the national bird of the United States but also a powerful symbol of strength, freedom and opportunity. The eagle is representative of the company’s commitment to achieving long-term capital growth for its shareholders.
