# Eagle Point Credit Too Risky For Me

> Eagle Point Credit's preferred shares face pressure from rising rates and thin coverage ratios.
- Title: Eagle Point Credit Too Risky For Me · Seekingalpha | Shortify
- Summary: Eagle Point Credit's preferred shares face pressure from rising rates and thin coverage ratios.
- Keywords: eagle point credit, preferred shares, interest rates, coverage ratios, nyse ecc, money, business, Eagle, Point, Credit, Too, Risky
- Source: Seekingalpha — https://seekingalpha.com/article/4956609-eagle-point-credit-too-risky-for-me
- Author: The Investment Doctor
- Published: 2026-10-23T14:30:00+00:00
- Read time: 1 min
- Topics: eagle point credit, preferred shares, interest rates, coverage ratios, nyse ecc, money, business
## Eagle Point Credit Pressure
Eagle Point Credit faces NAV pressure from realized losses and rising interest rates.
## Preferred Shares at Risk
Eagle Point Credit's Series C term preferred offers 7.3% yield but coverage ratios are tightening.
## Mandatory Redemption
Mandatory redemption in 2031 with 2% penalty for missed payments provides limited protection.
## Investment Recommendation
The Investment Doctor rates Eagle Point Credit's common and preferred shares as 'hold' due to elevated risks.
## Key takeaway

Eagle Point Credit's preferred shares face pressure from rising interest rates and tightening coverage ratios.