Eagle Point Credit Co 2025年度报告

FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTEREDMANAGEMENT INVESTMENT COMPANIES Investment Company Act File Number:811-22974 Eagle Point Credit Company(Exact name of registrant as specified in charter) 600 Steamboat Road, Suite 202Greenwich, CT 06830(Address of principal executive offices) (Zip code) Thomas P. Majewskic/o Eagle Point Credit Company600 Steamboat Road, Suite 202Greenwich, 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:December 31 Date of reporting period:June 30, 2026 The Semiannual Report to stockholders of the registrant for the six months ending June 30, 2026, is filed herewith. Table of Contents Letter to Shareholders and Management Discussion of Company Performance2Important Information about this Report and Eagle Point Credit Company9Summary of Certain Unaudited Portfolio Characteristics10Additional Company Information13Consolidated Financial Statements for the Six Months Ended June30, 2026 (Unaudited)14Dividend Reinvestment Plans69Additional Information71Eagle Point Credit Company LETTER TO SHAREHOLDERS AND MANAGEMENT DISCUSSION OF COMPANYPERFORMANCE Dear Fellow Shareholders: We are pleased to provide you with the enclosed report of Eagle Point Credit Company (“we,” “us,” “our” or the “Company”)for the sixmonths ended June30, 2026. 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 consistent with our investment objectives, includingportfolio debt securities, infrastructure credit, regulatory capital relief transactions, asset-backed securities and other creditinstruments. First Half 2026 Results The first half of 2026 was characterized by significant market volatility in the first quarter, followed by a meaningful recoveryin the second quarter. Uncertainty surrounding the potential impact of artificial intelligence on software borrowers, togetherwith geopolitical developments, weighed on leveraged loan prices and CLO equity valuations during the first quarter. Asmarket sentiment improved during the second quarter, loan prices and CLO equity valuations recovered meaningfully, whileunderlying credit fundamentals remained resilient throughout the period. Throughout the first half of the year, we remained disciplined in our capital allocation, continuing to execute CLO resets andrefinancings, rotating capital into higher-conviction opportunities and expanding our exposure to differentiated private creditinvestments by leveraging our Adviser’s specialized investment expertise across the broader Eagle Point platform. Webelieve these actions strengthened our investment portfolio, enhanced its long-term earnings potential and positioned theCompany to capitalize on attractive opportunities across the broader credit markets and create long-term value for ourshareholders.Eagle Point Credit Company For the sixmonths ended June30, 2026, the Company recorded a decrease in net assets resulting from operations of$78million, or $0.59 per weighted average common share, primarily driven by unrealized losses resulting from mark-to-market changes in fair value of our investment portfolio.This represents a GAAP return on common equity of -10.0%.TheCompany’s net asset value (“NAV”) per common share decreased from $5.70 as of December31, 2025, to $4.51 as ofJune30, 2026. During the same period, we paid an aggregate of $0.60 per share in distributions to our commonshareholders.We believe our current monthly distribution of $0.06 per common share is appropriately aligned with theCompany’s earnings and reflects our commitment to maintaining a sustainable distribution over time.123 Among the highlights for the sixmonths ended June30, 2026, we: □□□Actively deployed $211million of gross capital into new investments. Of this amount, $35million was invested in CLOequity securities, which had a weighted average effective yield (“WAEY”) of 22.2%, and $149million was invested inother credit assets with a WAEY of 23.4%, in each case measured at the time of purchase.The remaining capitalwas deployed across CLO debt, loan accumulation facilities and other credit investments.Received recurring cash flows from our investment portfolio of $124million, or $0.94 per weighted average commonshare, exceeding the Company’s common share distributions and total expenses incurred by the Company during theperiod