---
schema_version: "secwatch.filing_event.v1"
accession: "0001560672-25-000025"
form_type: "8-K"
ticker: "EARN"
cik: "0001560672"
company_name: "Ellington Credit Co"
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T22:25:19.713049+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ellington Credit Q4 net loss $2.0M; CLO portfolio grows 18%; conversion to RIC on track for April 1

## Summary
- Net loss of $(2.0M), or $(0.07) per share; adjusted distributable earnings $7.8M ($0.27/share).
- CLO portfolio grew 18% to $171.1M; capital allocation to CLOs increased to 72% from 58%.
- Net interest margins: credit 8.54%, agency 3.24%; overall 5.07%.
- Book value $6.53/share as of Dec 31, 2024; monthly dividend $0.08 reaffirmed.
- Shareholders approved conversion to Delaware RIC closed-end fund; expected completion April 1, 2025; will sell remaining Agency MBS.

## SEC filing metadata
- accession: 0001560672-25-000025
- form_type: 8-K
- ticker: EARN
- cik: 0001560672
- company_name: Ellington Credit Co
- filed_at: 2025-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560672/000156067225000025/0001560672-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560672/000156067225000025/earn-20250312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560672-25-000025
- JSON: https://secwatch.observer/filing/0001560672-25-000025.json
- Plain text: https://secwatch.observer/filing/0001560672-25-000025.txt

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