---
schema_version: "secwatch.filing_event.v1"
accession: "0001560672-24-000068"
form_type: "8-K"
ticker: "EARN"
cik: "0001560672"
company_name: "Ellington Credit Co"
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:41:44.413206+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ellington Credit Q2 net loss $0.8M; adjusted distributable earnings $0.36/share; CLO portfolio doubles to $85.1M

## Summary
- Net loss of $0.8M ($0.04 diluted EPS); adjusted distributable earnings of $7.3M ($0.36 per share).
- Book value per share $6.91 as of June 30; monthly dividend $0.08 declared (14.1% yield based on $6.81 close).
- CLO portfolio increased to $85.1M (45% of net assets) from $45.1M as of March 31; total CLO holdings $108M as of Aug 9.
- Net interest margin on credit portfolio 13.41%, Agency 2.85%; overall 4.24%.
- Expect Q3 adjusted distributable earnings to decline from Q2 $0.36 but still exceed Q1 $0.27.

## SEC filing metadata
- accession: 0001560672-24-000068
- form_type: 8-K
- ticker: EARN
- cik: 0001560672
- company_name: Ellington Credit Co
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560672/000156067224000068/0001560672-24-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560672/000156067224000068/earn-20240812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560672-24-000068
- JSON: https://secwatch.observer/filing/0001560672-24-000068.json
- Plain text: https://secwatch.observer/filing/0001560672-24-000068.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.