Welcome to our dedicated page for Ellington Credit Closed End Fund news (Ticker: EARN), a resource for investors and traders seeking the latest updates and insights on Ellington Credit Closed End Fund stock.
Ellington Credit Company (EARN) operates as a non-diversified closed-end fund focused primarily on corporate collateralized loan obligations, or CLOs, with an emphasis on mezzanine debt and equity tranches. The fund is externally managed and advised by an affiliate of Ellington Management Group.
Company news commonly covers monthly common dividend declarations, quarterly financial results, net asset value updates, CLO portfolio activity, and capital-structure actions such as unsecured note offerings. Updates also include earnings-release schedules, conference calls, investor presentations, and commentary on CLO market conditions, credit spreads, liquidity management, and portfolio positioning.
Ellington Credit Company (NYSE: EARN) priced an underwritten public offering of $50 million aggregate principal amount of 8.50% notes due 2031, maturing March 30, 2031, with optional redemption beginning March 30, 2028.
The Fund granted underwriters a 30-day option for an additional $7.5 million. Notes were rated BBB by Egan-Jones. Net proceeds will fund asset purchases and repay short-term reverse repurchase borrowings. The offering is expected to close March 30, 2026, and the Fund intends to list the notes on the NYSE under symbol ELLA.
Ellington Credit Company (NYSE: EARN) announced an underwritten public offering of unsecured notes due 2031 (the “2031 Notes”) on March 25, 2026. The offering price, interest rate and final terms will be set with underwriters; a 30-day overallotment option is being granted.
The 2031 Notes have been rated BBB by Egan-Jones and are expected to list and trade on the New York Stock Exchange under the ticker ELLA. Net proceeds are planned for general corporate purposes, including asset purchases and repaying short-term borrowings under reverse repurchase agreements.
Ellington Credit (NYSE: EARN) declared a monthly common dividend of $0.08 per share, payable April 30, 2026, to shareholders of record on March 31, 2026. The Board approved the distribution and the release includes a cautionary statement outlining forward-looking risks that could affect future results.
Ellington Credit Company (NYSE: EARN) reported results for the quarter ended December 31, 2025. NAV per share was $5.19 (includes $0.24 distributions). GAAP net loss was $(21.1) million, while net investment income was $7.8 million ($0.21 per share).
The CLO portfolio fair value was $369.5 million with weighted average GAAP yield of 13.7% and projected fair-value yield of 14.6%. Credit hedges increased to an estimated $(174.8) million index equivalents. Recurring cash distributions received were $19.1 million ($0.51 per share).
Ellington Credit Company (NYSE: EARN) will release financial results for the quarter ended December 31, 2025 after market close on Wednesday, March 4, 2026.
The company will host a conference call at 11:00 a.m. ET on Thursday, March 5, 2026, with telephone and live webcast access; an investor presentation will be posted after market close on March 4, 2026.
Ellington Credit (NYSE: EARN) declared a monthly common dividend of $0.08 per share, payable March 31, 2026 to shareholders of record as of February 27, 2026. The announcement reiterates standard forward-looking statement cautions and lists risks related to interest rates, market volatility and its conversion to a closed-end fund/RIC.
Ellington Credit (NYSE: EARN) posted federal income tax treatment details for distributions deemed paid in 2025 to its website. The Fund operated as a taxable C-Corp from January 1–March 31, 2025 and resumed operation as a regulated investment company (RIC) on April 1, 2025.
Shareholders should review the posted tax information for implications on 2025 distributions and reporting.
Ellington Credit (NYSE: EARN) declared a monthly common dividend of $0.08 per share, payable on February 27, 2026 to shareholders of record as of January 30, 2026. The Board of Trustees approved the distribution as a monthly common dividend. The release also includes a cautionary statement noting that forward-looking statements are subject to risks including interest rate changes, market volatility, default rates on corporate loans, and uncertainties related to the fund's conversion to a closed-end fund/RIC.
Ellington Credit (NYSE: EARN) declared a monthly common dividend of $0.08 per share, payable on January 30, 2026 to shareholders of record as of December 31, 2025.
The announcement includes a standard caution that forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from expectations.
Ellington Credit Company (NYSE: EARN) reported results for the quarter ended September 30, 2025. NAV per share was $5.99, reflecting distributions of $0.24 for the quarter. GAAP net income was $4.3M ($0.11/share) and net investment income (NII) was $8.5M ($0.23/share). The company held a $379.6M CLO portfolio (debt $185.5M; equity $194.0M) with a weighted average GAAP yield of 15.5% on amortized cost and a projected yield of 13.4% on fair value. Management noted 92 CLO trades during the quarter and received $16.2M in recurring cash distributions ($0.43/share), and said NII covered dividends in September.