Investment Adviser

Eagle Point Credit Management LLC

Structure

1940 Act non-traded closed-end fund

Minimum Investment

$2,500 ($500 for additional investments)

Subscriptions

Monthly via Investor Application

Liquidity

Quarterly repurchase offers up to 5% of NAV; no early withdrawal fees

Distributions

Target to pay monthly

Management Fee

1.75% per annum of managed assets

Incentive Fee

20% over 8% annualized hurdle rate, with catch-up

Administrator

Eagle Point Administration LLC

Distribution Reinvestment Plan

Investor’s option to participate

Auditor

KPMG LLP

Death or Disability

Fund may repurchase shares from deceased shareholders’ estate or disabled shareholders (subject to satisfactory documentation)

Tax Reporting

1099-DIV