Ellington Credit Company (NYSE: EARN) announced on October 7, 2026, that its Board of Trustees has declared a monthly common distribution of $0.08 per share.
The distribution is payable on November 30, 2026, to common shareholders of record as of October 30, 2026.
The company stated that the distribution will be paid from available assets and is not related to capital gains.
Ellington Credit Company is a non-diversified closed-end fund that seeks to provide attractive current cash flow and risk-adjusted total returns by investing primarily in corporate 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.
