Ellington Credit to Ring the Closing Bell at the New York Stock Exchange
— Marks Successful Conversion to CLO Closed-End Fund —
Ellington Credit Company (NYSE:EARN) announced today that it will ring the closing bell at the New York Stock Exchange on April 2, 2025 to celebrate its conversion to a closed-end fund focused on corporate collateralized loan obligation ("CLO") investments.
The ringing of the closing bell will also commemorate the 30-year anniversary of Ellington Management Group, the parent company of EARN's investment adviser.
About Ellington Credit Company
Ellington Credit Company (the "Fund") is an externally managed, non-diversified closed-end fund that seeks to provide attractive current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations (CLOs), with a focus on mezzanine debt and equity tranches. The Fund is externally managed and advised by an affiliate of Ellington Management Group, L.L.C., a leading fixed-income investment manager founded in 1994. The Fund benefits from Ellington's extensive experience and deep expertise in portfolio management, credit analysis, and risk management.
For additional information, visit www.ellingtoncredit.com.
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Investors:
Ellington Credit Company
Investor Relations
(203) 409-3773
[email protected]
or
Media:
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
for Ellington Credit Company
(212) 257-4170
[email protected]