secwatch.observer — SEC 8-K summary
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Issuer:     Ellington Credit Co (EARN)
CIK:        0001560672
Form:       8-K
Filed at:   2025-08-19T23:59:59+00:00
Accession:  0001560672-25-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ellington Credit Q1 NAV rises to $6.12; CLO portfolio grows 27% to $317M
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- GAAP net income $10.2M ($0.27/share); NII $6.5M ($0.17/share); adjusted NII $6.6M ($0.18/share).
- NAV per share $6.12 at June 30, 2025, up from $6.08 at March 31, including $0.24/share distributions.
- CLO portfolio grew to $316.9M from $249.9M; purchases $90.6M, sales $15.9M.
- Management projects NII will cover $0.08 monthly distribution starting September 2025.
- Weighted average GAAP yield on CLO portfolio was 15.6% for the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560672/000156067225000082/0001560672-25-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560672/000156067225000082/earn-20250819.htm
  HTML page:      https://secwatch.observer/filing/0001560672-25-000082

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