{"schema_version":"secwatch.filing_event.v1","accession":"0001560672-24-000136","form_type":"8-K","ticker":"EARN","cik":"0001560672","company_name":"Ellington Credit Co","filed_at":"2024-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.788056+00:00","generated_at":"2026-05-30T00:54:42.926981+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ellington Credit Q3 net income $5.4M ($0.21/sh); CLO portfolio grows 70% to $144.5M","bullets":["Net income $5.4M ($0.21/sh) vs loss $815K prior quarter; Adj. Distributable Earnings $7.2M ($0.28/sh) covers $0.08 monthly dividend.","CLO portfolio grew to $144.5M from $85.1M; Agency RMBS reduced to $462.1M as capital rotation continues.","Book value $6.85/sh; net interest margin 5.22% overall (credit 9.65%, Agency 3.52%).","Debt-to-equity ratio decreased to 2.5:1; annualized economic return of 10.8% for Q3.","Strategic transformation to closed-end fund/RIC pending shareholder vote; ISS and Glass Lewis recommend 'For'."],"urls":{"canonical":"https://secwatch.observer/filing/0001560672-24-000136","json":"https://secwatch.observer/filing/0001560672-24-000136.json","markdown":"https://secwatch.observer/filing/0001560672-24-000136.md","text":"https://secwatch.observer/filing/0001560672-24-000136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560672/000156067224000136/0001560672-24-000136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560672/000156067224000136/earn-20241112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T00:54:42.926981+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}