Ellington Credit outlines path to adjusted NII in the low 20s following $54M note raise
Following a $54 million note issuance, Ellington Credit (NYSE:EARN) outlined its strategy for achieving an adjusted net interest income (NII) in the low 20s. The company noted continued volatility in the CLO market during Q1 of fiscal 2026 impacted NAV but highlighted active trading efforts.
Tickers: $EARN
Topics: CLO market NAV decline trading activity