{"schema_version":"secwatch.filing_event.v1","accession":"0001560672-25-000039","form_type":"8-K","ticker":"EARN","cik":"0001560672","company_name":"Ellington Credit Co","filed_at":"2025-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.765882+00:00","generated_at":"2026-05-24T00:46:40.530386+00:00","sec_items":["1.01","1.02","3.03","5.03","5.05","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ellington Credit completes conversion to closed-end fund, plans to sell Agency MBS, acquire more CLOs","bullets":["Converted to Delaware-domiciled closed-end fund registered under 1940 Act, effective April 1, 2025; will be taxed as RIC.","New advisory agreement: 1.50% base management fee on NAV plus performance fee with 8% annual hurdle and 17.5% catch-up.","Existing management agreement terminated on March 31, 2025; no termination fee paid.","Adopted Dividend Reinvestment Plan at 95% of market price; changed fiscal and tax year end to March 31.","Press release: intends to sell remaining Agency MBS pools and acquire additional corporate CLOs."],"urls":{"canonical":"https://secwatch.observer/filing/0001560672-25-000039","json":"https://secwatch.observer/filing/0001560672-25-000039.json","markdown":"https://secwatch.observer/filing/0001560672-25-000039.md","text":"https://secwatch.observer/filing/0001560672-25-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560672/000156067225000039/0001560672-25-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560672/000156067225000039/earn-20250328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T00:46:40.530386+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"}