We specialize in acquiring, asset managing, and trading CLO and other corporate credit-related assets.
Ellington Credit Company (NYSE: EARN) is a non-diversified, publicly traded, closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940.
Our primary investment objectives are to generate attractive current yields and risk-adjusted total returns for shareholders. We invest in multiple parts of the CLO capital structure, principally mezzanine debt and equity tranches. Rather than focusing only on short-term current yield, we select investments that we believe will provide a strong total return to drive a sustainable earnings stream over a long-term horizon. We also take a trading-oriented approach, which seeks to take advantage of pricing inefficiencies in the CLO market, as opposed to simply “buy-and-hold.”
We believe that our selective use of credit hedges and our liquidity management protocols can better protect net asset value during times of market stress. We leverage Ellington's proprietary technology, analytics and risk management systems to enhance underwriting and investment selection and to guide ongoing portfolio monitoring and surveillance.
Ellington Credit is advised by Ellington Credit Company Management LLC
Ellington Credit Company Management LLC (the “Adviser”) is registered as an investment adviser with the SEC and is an affiliate of Ellington Management Group, L.L.C. (together with the Adviser, “Ellington”), a global investment firm and an SEC-registered investment adviser. Ellington has extensive experience investing in CLOs, including deep credit, structural, and fundamental analysis, understanding of market technicals and dynamics, and strong risk management.
20.1
Assets Under Management
10
Employee-partners
own the firm
31
Years of average industry experience
of senior portfolio managers
20
Employees dedicated to research
and engineering
Why Ellington Credit?
Ellington Credit is led by a board of trustees and a seasoned team of officers with extensive experience investing in structured products, including both buy side and sell side experience.
