If I told you I just bought a stock that yields 21%, you’d probably assume I’ve taken up gambling, lost my mind, or confused a dividend with a scratch-off ticket. And I get it — in today’s financial world where people freak out over a 5% Treasury yield like it’s Woodstock all over again, a 21% yield sounds like either divine intervention or a trap laid by the Devil himself. But here we are. I bought ECC — Eagle Point Credit Company — and yes, it’s paying me over 21% to sit still and let it do its weird, complicated magic with CLOs. Buckle up. We’re diving into the messy world of high-yield debt, leveraged loans, Wall Street voodoo, and why sometimes the market actually does hand you a gift... wrapped in barbed wire. What the Heck is ECC? Let’s start with the basics. Eagle Point Credit Company (ticker: ECC) is a closed-end fund (CEF) that invests in equity tranches of CLOs — collateralized loan obligations. You know, the stuff that sounds like a sequel to the 2008 financial crisis...