Welcome to our dedicated page for Ellington Credit Co SEC filings (Ticker: EARN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Ellington Credit Company SEC filings document a closed-end fund structure centered on investments in corporate CLO mezzanine debt and equity tranches. Its Form 8-K reports record monthly common dividend declarations, operating and financial results, Regulation FD materials, and capital-structure disclosures tied to unsecured notes and related material agreements.
Proxy filings describe shareholder voting matters, trustee elections, board governance, and auditor ratification. The filing record also includes forward-looking risk language and disclosure controls around the fund's results of operations, financial condition, liquidity, investment strategy, and shareholder distributions.
Ellington Credit Company is offering $50,000,000 aggregate principal amount of % Notes due 2031. The Notes are unsecured senior obligations of the Fund, expected to pay quarterly interest beginning in 2026, are redeemable on or after 2028, and include a change-of-control repurchase at 101%.
The Notes will rank pari passu with unsecured liabilities but will be effectively subordinated to the Fund’s secured indebtedness, which totaled $175.3 million as of September 30, 2025; general liabilities were $15.3 million as of that date. The Fund intends to list the Notes on the NYSE under the symbol “ELLA.” The prospectus also discloses an estimated net asset value per common share range of $4.46 to $4.52 as of February 28, 2026, and a previously announced monthly dividend of $0.08 payable March 31, 2026.
Ellington Credit Company reported that its Board of Trustees has declared a monthly common dividend of $0.08 per share. The dividend is payable on April 30, 2026 to common shareholders who are on record as of March 31, 2026.
The company describes itself as a non-diversified closed-end fund investing primarily in corporate collateralized loan obligations, focusing on mezzanine debt and equity tranches, and being externally managed by an affiliate of Ellington Management Group.
Ellington Credit Company reported a difficult third fiscal quarter ended December 31, 2025, posting a GAAP net loss of $21.1 million, or $(0.56) per share, compared with net income of $4.3 million, or $0.11 per share, in the prior quarter. The loss was driven mainly by $27.5 million in unrealized losses on CLO investments and additional losses from credit and foreign currency hedges, which more than offset net investment income.
Net investment income was $7.8 million, or $0.21 per share, down from $8.5 million, or $0.23 per share, in the September 30, 2025 quarter; adjusted net investment income matched those figures. Net asset value per share fell to $5.19 as of December 31, 2025, including distributions of $0.24 per share during the quarter.
The CLO portfolio had a fair value of $369.5 million, with CLO debt at $176.9 million and CLO equity at $192.6 million, and carried a weighted average GAAP yield of 13.7% and a weighted average projected yield of 14.6%. The company received $19.1 million, or $0.51 per share, in recurring cash distributions and continued declaring monthly common distributions of $0.08 per share into early 2026.
Ellington Credit Company announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share. The dividend will be paid on March 31, 2026 to common shareholders of record as of February 27, 2026.
The company describes itself as a non-diversified closed-end fund that seeks attractive current yields and risk-adjusted total returns by investing primarily in corporate collateralized loan obligations, focusing on mezzanine debt and equity tranches, and is externally managed by an affiliate of Ellington Management Group.
Ellington Credit Company, a non-diversified closed-end fund focused on mezzanine debt and equity tranches of corporate CLOs, is launching a primary offering of senior unsecured notes. The notes will pay interest quarterly, may be redeemed at the Fund’s option after a stated date, and are intended to list on the NYSE under the symbol “ELLA.”
The notes will rank equally with the Fund’s other unsecured debt and general liabilities and be effectively subordinated to secured borrowings, which totaled about $175.3 million as of September 30, 2025, and to obligations of its subsidiaries. Net proceeds are expected to support additional credit investments consistent with its CLO-focused strategy and repay short-term reverse repurchase borrowings.
Ellington Credit Company reported that its Board of Trustees has declared a monthly cash dividend on its common shares. The dividend is $0.08 per share and will be paid on February 27, 2026 to common shareholders who are on record as of January 30, 2026. The company furnished a press release with these details as an exhibit, signaling its intention to continue providing regular cash returns to holders of its common stock.
Ellington Credit Company reported a routine insider tax withholding transaction involving its Chief Financial Officer. On December 31, 2025, the company withheld 2,468 common shares of beneficial interest from CFO Christopher Smernoff to cover tax liabilities arising from the vesting of previously granted equity under the company’s now-dissolved 2023 Equity Incentive Plan.
The withheld shares are reported at a price of $5.17 per share. After this tax-related withholding, Mr. Smernoff beneficially owns 24,746 common shares directly. The filing reflects an administrative equity compensation event rather than an open-market purchase or sale.
Ellington Credit Company insider JR Herlihy, the Chief Operating Officer, reported a routine equity-related transaction involving company common shares. On December 31, 2025, the issuer withheld 5,235 common shares of beneficial interest at a price of $5.17 per share to cover Mr. Herlihy’s tax liability tied to the vesting of previously granted equity awards. These awards were granted under the company’s now-dissolved 2023 Equity Incentive Plan. After this tax withholding transaction, Mr. Herlihy directly beneficially owned 51,859 common shares of Ellington Credit Company.
Ellington Credit Company announced that its Board of Trustees has declared a monthly cash dividend of $0.08 per common share. The dividend will be paid on January 30, 2026 to shareholders who are on record as of December 31, 2025. This provides investors with ongoing monthly income based on their current shareholdings as of the stated record date.
Ellington Credit Company, a non-diversified closed-end fund focused on mezzanine debt and equity tranches of corporate CLOs, has filed a Form N-2 to publicly offer new senior unsecured notes. The notes are expected to pay quarterly interest, mature in 2025 on a specified date, and be issued in $25 denominations, with a planned listing on the NYSE where they are expected to trade "flat."
The notes will rank equally with the fund’s other unsecured unsubordinated debt and general liabilities, but will be effectively subordinated to secured debt and structurally subordinated to liabilities of subsidiaries. Proceeds are expected to be used for general corporate purposes, including purchasing additional CLO and credit assets and repaying short-term borrowings. The filing highlights significant risks tied to leverage, the speculative nature of mezzanine and equity CLO tranches, and the possibility that an active trading market for the notes may not develop.