Company: ECC-PD
Filing Date: 2025-08-12
Form Type: N-CSRS
Source: 0001104659-25-076373
Chunk: 100

Company: Eagle Point Credit Co Inc.
Filing Date: 2025-08-12
Form: N-CSRS
Chunk 100
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 under the Investment Advisory Agreement. Among other things, the Board reviewed the most recent Form ADV for the Adviser and information about the background and experience of the key personnel of the Adviser primarily responsible for the day-to-day portfolio management of the Company, including their experience in managing portfolios of CLO securities and the CLO industry knowledge of the Adviser’s senior investment team. The Board also evaluated the ability of the Adviser to attract and retain high-caliber personnel. In this regard, the Board considered information regarding the Adviser’s compensation program, which is designed to provide both

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annual and long-term incentives for its personnel and to align personnel interests with the long-term success of the Adviser’s clients, including the Company. In addition, the Board reviewed information about the Adviser’s investment process, financial stability, investment and risk management programs, the legal and compliance programs of the Adviser, and the Company’s use of leverage, the forms of leverage used by the Company, the effect of such leverage on the Company’s portfolio and performance and the Adviser’s profitability, and the levels of leverage used by six publicly listed, registered closed-end investment companies that have an investment strategy comparable to that of the Company (“Peer Group Companies”). The Board then reviewed and considered the Company’s performance in terms of both (1) total return on a net asset value basis and (2) total return to common stockholders (assuming reinvestment of dividends), each during the 1-, 3-, 5-year and 10-year periods ended December 31, 2024, and considered such performance in light of the Company’s investment objective, strategies and risks. The Board also considered and discussed the Company’s performance in comparison to the performance for various relevant periods of (1) the Peer Group Companies, (2) publicly listed, registered closed-end investment companies that have a portion of their assets invested in the types of securities in which the Company primarily invests (the “Peer Universe Companies” and together with the Peer Group Companies, the “Peer Companies”), (3) an account managed by the Adviser that is comparable to the Company in investment strategy and policy (“Comparable Account”), (4) a composite of estimates of CLO equity performance published by several Wall Street research firms, and (5) an index deemed relevant by the Adviser. The Board considered the Adviser’s explanation of the differences between the Company’s and the Peer Companies’ strategies and portfolios. The Board also discussed and considered the Company’s recent performance in light of recent and