secwatch.observer — SEC 8-K summary
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Issuer:     Ellington Credit Co (EARN)
CIK:        0001560672
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001560672-25-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ellington Credit reports preliminary Q4 net loss per share $(0.08)-$(0.06); adjusted distributable earnings $0.26-$0.28
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- Book value per share $6.52-$6.54 as of Dec 31, including $0.24 dividends.
- Net loss per share $(0.08)-$(0.06); adjusted distributable earnings $0.26-$0.28 per share.
- Total shareholders' equity $195M; CLO portfolio $170M, MBS portfolio $510M.
- Capital allocation to CLOs increased to 72% from 58% as of Sept 30.
- Conversion to closed-end fund expected on or before April 1, 2025, approved by shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560672/000156067225000016/0001560672-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560672/000156067225000016/earn-20250203.htm
  HTML page:      https://secwatch.observer/filing/0001560672-25-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer