# Ellington Credit Company Management LLC

> Ellington Credit Company Management LLC is an SEC-registered investment advisory firm in Old Greenwich, CT, registered since 2013, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 168311
- Filed as: ELLINGTON CREDIT COMPANY MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Old Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168311
- AdvisorCensus page: https://advisorcensus.com/firm/ellington-credit-company-management-llc-old-greenwich-ct-168311

## Quick answers

**How is Ellington Credit Company Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Ellington Credit Company Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Ellington Credit Company Management LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Ellington Credit Company Management LLC located?**
Ellington Credit Company Management LLC's principal office is in Old Greenwich, CT, according to its Form ADV.

**Is Ellington Credit Company Management LLC registered with the SEC or a state?**
Ellington Credit Company Management LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 168311.

**How much does Ellington Credit Company Management LLC manage?**
Ellington Credit Company Management LLC reports $414,963,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Ellington Credit Company Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Ellington Credit Company Management LLC: Regulatory assets under management: $1,194,811,000 in the October 2021 data and $414,963,000 in the October 2026 data, down 65%. Total employees: 142 in October 2021 and 164 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ellington Credit Company Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Ellington Credit Company Management LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/168311

**What changed in Ellington Credit Company Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $822,259,000 to $414,963,000 (-50%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: 1.5% of assets a year

> EARN pays Ellington a “Base Management Fee” equal to 1.50% per annum of EARN’S Net Asset Value (as defined below), calculated and payable quarterly in arrears.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $414,963,000
- Discretionary: $414,963,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $414,963,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2013 (12 years)
- Employees: 164 total, 68 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [earnreit.com](https://earnreit.com)
- [ellington.com](https://ellington.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,194,811,000 | 142 | May 26, 2021 |
| October 2022 | $1,598,466,000 | 173 | March 29, 2022 |
| October 2023 | $1,053,632,000 | 162 | March 30, 2023 |
| October 2024 | $945,690,000 | 162 | July 12, 2024 |
| October 2025 | $822,259,000 | 160 | March 31, 2025 |
| October 2026 | $414,963,000 | 164 | March 30, 2026 |

Regulatory assets under management: $1,194,811,000 in the October 2021 data and $414,963,000 in the October 2026 data, down 65%.
Total employees: 142 in October 2021 and 164 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $822,259,000 to $414,963,000 (-50%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ellington Credit Company Management LLC (CRD 168311): Form ADV filing data as of October 2026.