Ellington Credit Co (EARN) USD0.01

Sell:$6.50Buy:$6.52$0.02 (0.31%)

Prices delayed by at least 15 minutes
Sell:$6.50
Buy:$6.52
Change:$0.02 (0.31%)
Prices delayed by at least 15 minutes
Sell:$6.50
Buy:$6.52
Change:$0.02 (0.31%)
Prices delayed by at least 15 minutes

Company Information

About this company

Ellington Credit Company, formerly Ellington Residential Mortgage REIT, is a closed-end fund. The Company is focused on acquiring, investing in, and managing secondary collateralized loan obligations (CLO) mezzanine debt and equity tranches. The Company’s primary objective is to generate attractive risk-adjusted total returns for its shareholders by making investments in multiple parts of the CLO capital structure, including mezzanine debt and equity tranches. The Company select investments for their ability to provide a total return to drive a sustainable earnings stream and book value growth over a long-term horizon, rather than focusing just on current yield. The Company also takes a trading-oriented approach, which seeks to take advantage of pricing inefficiencies in the CLO market, as opposed to simply buy-and-hold. It is externally managed and advised by Ellington Credit Company Management LLC.

Key people

Laurence E. Penn
President, Chief Executive Officer, Trustee
Christopher Smernoff
Chief Financial Officer
J. R. Herlihy
Chief Operating Officer, Treasurer
Michael W. Vranos
Co-Chief Investment Officer, Trustee
Mark Tecotzky
Co-Chief Investment Officer
Daniel Margolis
General Counsel
Robert B. Allardice
Independent Chairman of the Board of Trustees
Mary E. Mcbride
Independent Trustee
David J. Miller
Independent Trustee
Ronald I. Simon
Independent Trustee
Click to see more

Key facts

  • EPIC
    -
  • Location
    United States
  • Sector
    Financial
  • Industry
    Misc. Financial Services
  • ISIN
    US2885781078
  • Market cap
    $190.23m
  • Employees
    170
  • Shares in issue
    29.18m
  • Exchange
    New York Stock Exchange
  • Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview data is sourced from Refinitiv.