Ellington Credit Confirms April 1 Conversion Date
Ellington Residential Mortgage REIT Common Shares of Beneficial Interest (EARN)
Last ellington residential mortgage reit common shares of beneficial interest earnings: 5/2 05:27 pm
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Source: Business Wire
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the “Company”) announced today it has obtained all necessary approvals from its Board of Trustees and shareholders to convert to a Delaware-registered closed-end fund, effective April 1, 2025 (the “Conversion”). Upon effectiveness of the Conversion, the Company intends to sell its remaining Agency MBS pools, acquire additional CLOs, and operate in compliance with the Investment Company Act of 1940.Laurence Penn, Chief Executive Officer and President, stated: “We are excited to begin this new chapter as a closed-end fund, which we believe will enhance our ability to generate strong risk-adjusted returns and unlock additional value for shareholders. Given recent market volatility, our timing may prove advantageous, positioning us for a potentially attractive investment environment in the months ahead.”Cautionary Statement Regarding Forward-Looking StatementsThis release contains forward-looking statements
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News
- Ellington Credit Declares Monthly Common DividendBusiness Wire
- Ellington Credit Company Announces Financial Results for the Second Fiscal Quarter Ended September 30, 2025Business Wire
- Ellington Credit (NYSE:EARN) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=EARN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street ZenMarketBeat
- Ellington Credit Declares Monthly Common DividendBusiness Wire
- Ellington Credit Company Announces Release Date of Earnings, Conference Call, and Investor PresentationBusiness Wire
EARN
Earnings
- 3/12/25 - Miss
EARN
Analyst Actions
- 10/14/25 - UBS
EARN
Sec Filings
- 12/18/25 - Form 497AD
- 12/4/25 - Form 8-K
- 11/28/25 - Form NPORT-P
- EARN's page on the SEC website