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Eagle Point Credit Co Inc Series C Pfd 2025年度报告

2026-02-26美股财报张***
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Eagle Point Credit Co Inc Series C Pfd 2025年度报告

FORMN-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTEREDMANAGEMENT INVESTMENT COMPANIES Investment Company Act File Number:811-22974 Eagle Point Credit Company Inc.(Exact name of registrant as specified in charter) 600 Steamboat Road, Suite202Greenwich, CT 06830(Address of principal executive offices) (Zip code) Thomas P. Majewskic/o Eagle Point Credit Company Inc.600 Steamboat Road, Suite202Greenwich, CT 06830(Name and address of agent for service) Copies to Thomas J. FriedmannPhilip HinkleDechert LLPOne International Place, 40thFloor100 Oliver StreetBoston, MA 02110(617) 728-7120 Registrant’s telephone number, including area code:(203) 340-8500 Date of fiscal year end:December31 Date of reporting period:December31, 2025 FormN-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission tostockholders of any report that is required to be transmitted to stockholders under Rule30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1).The Commission may use the information provided on FormN-CSR in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by FormN-CSR, and the Commission will make this information public. A registrant is notrequired to respond to the collection of information contained in FormN-CSR unless the Formdisplays a currently valid Office of Management and Budget(“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing theburden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of informationunder the clearance requirements of 44 U.S.C. § 3507. The Annual Report to stockholders of Eagle Point Credit Company Inc. (the “Company”) for the year ended December31, 2025 is filed herewith. Table of Contents Letter to Stockholders and Management Discussion of Company Performance2Important Information about this Report and Eagle Point Credit Company Inc.9Performance Data14Summary of Certain Unaudited Portfolio Characteristics15Additional Company Information18Fees and Expenses (Unaudited)19Consolidated Financial Statements for the Year Ended December31, 2025 (Audited)21Price Range of Common Stock77Dividend Reinvestment Plan78Additional Information80Eagle Point Credit Company Inc. LETTER TO STOCKHOLDERS AND MANAGEMENT DISCUSSION OF COMPANYPERFORMANCE Dear Fellow Stockholders: We are pleased to provide you with the enclosed report of Eagle Point Credit Company Inc. (“we,” “us,” “our” or the“Company”) for the fiscal year ended December31, 2025. The Company is a closed-end management investment company registered under the Investment Company Act of 1940,as amended, and is advised by Eagle Point Credit Management LLC (the “Adviser”). The Company’s primary investmentobjective is to generate high current income, with a secondary objective to generate capital appreciation. We seek toachieve these objectives by investing primarily in the equity and junior debt tranches of collateralized loan obligations(“CLOs”). We may also invest in other securities or instruments that are related investments or that are consistent with ourinvestment objectives. Full Year 2025 Results During 2025, the CLO equity market experienced challenging conditions, and the Company was not immune to thesebroadermarket dynamics. Although default rates remained below long-term historical averages,both loan spreadcompression and a general negative sentiment towards credit adversely affected the Company’s financial performance andthe total return delivered to our shareholders last year. Our disciplined focus on portfolio management and long-term value creation through CLO resets and refinancings helpedmitigate some of the headwinds that CLO equity faced. In addition, throughout the year we leveraged our Adviser’s broaderinvestment origination capabilities and opportunistically increased the Company’s exposure to credit asset classes beyondCLO equity. For the year ended December31, 2025, the Company recorded a decrease in net assets resulting from operations of$134million, or $1.08 per weighted average common share, primarily due to unrealized losses on investments driven byongoing spread compression in the underlying loan market.This represents a GAAP return on common equity of -14.6%for the year.The Company’s net asset value (“NAV”) per common share decreased from $8.38 to $5.70, and we paid$1.68 per share in regular monthly distributions to our common stockholders for the same period.Eagle Point Credit Company Inc.12 Our common stock trades on the NYSE under the symbol “ECC” and may trade, and often does, at prices that differ fromNAV per common share. As of December31, 2025, the closing price per share of our common stock was $5.76,representing a 1.05% premium to NAV per common share.From our