Ellington Credit Co. Updates Portfolio and NAV Data as of December 31, 2025
Summary
Ellington Credit Co. filed a prospectus supplement providing updated portfolio statistics, estimated Net Asset Value (NAV) per share, and distribution data as of December 31, 2025.
Key Events
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Updated Portfolio Statistics
The filing provides a detailed breakdown of the fund's CLO portfolio, including asset types, industry diversification, and underlying loan data as of December 31, 2025.
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Estimated Net Asset Value (NAV)
The estimated NAV per share is reported between $5.16 and $5.22, with the closing price of $5.27 reflecting a 1.5% premium to the NAV midpoint.
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Monthly Distribution Rate
The fund maintains a monthly distribution of $0.08 per share, translating to a current distribution rate of 18.2%.
Analysis
This filing offers investors a recent snapshot of Ellington Credit Co.'s financial health and portfolio composition. Key metrics include an estimated Net Asset Value (NAV) per share between $5.16 and $5.22, with the stock trading at a 1.5% premium to the NAV midpoint. The fund also reported a monthly distribution of $0.08 per share, equating to an 18.2% current distribution rate. These details are crucial for investors to assess the fund's performance, income generation, and underlying asset value.
At the time of this filing, EARN was trading at $5.62 on NYSE in the Unknown sector, with a market capitalization of approximately $210.9M. The 52-week trading range was $4.33 to $6.82. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.