secwatch.observer — SEC 8-K summary
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Issuer:     Ellington Credit Co (EARN)
CIK:        0001560672
Form:       8-K
Filed at:   2025-05-20T23:59:59+00:00
Accession:  0001560672-25-000058
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 Q1 net loss $7.9M; CLO portfolio grows 46% to $250M
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- Net loss of ($7.9M) or ($0.23) per share; Adjusted Distributable Earnings of $0.26 per share.
- CLO portfolio grew 46% to $249.9M; capital allocation to CLOs increased to 81%.
- Book value per share $6.08 as of March 31, including $0.24/sh dividends paid.
- Completed conversion to closed-end fund on April 1, 2025; sold remaining Agency RMBS.
- Estimated NAV per share range $5.85-$5.91 as of April 30; declared $0.08/sh dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560672/000156067225000058/0001560672-25-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560672/000156067225000058/earn-20250520.htm
  HTML page:      https://secwatch.observer/filing/0001560672-25-000058

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