Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
4.52% -- -- 54.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-- 5.21% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks total return, including capital gains and current income. The Fund employs an opportunistic strategy to pursue value and current income across various types of mortgage-related, consumer-related, and corporate-related debt and other financial assets, including through investments primarily in securities.
General
Security Type Unlisted Closed-End Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Mortgages
Peer Group U.S. Mortgage Funds
Global Macro Bond HC
US Macro U.S. Government & Treasury Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective U.S. Mortgage Funds
Fund Owner Firm Name Ellington Income Opportunities Fund
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-422.49M Peer Group Low
483.54M Peer Group High
1 Year
% Rank: --
-5.100B Peer Group Low
5.483B Peer Group High
3 Months
% Rank: --
-3.370B Peer Group Low
608.76M Peer Group High
3 Years
% Rank: --
-6.413B Peer Group Low
10.65B Peer Group High
6 Months
% Rank: --
-1.936B Peer Group Low
1.164B Peer Group High
5 Years
% Rank: --
-19.79B Peer Group Low
11.81B Peer Group High
YTD
% Rank: --
-1.231B Peer Group Low
-1.231B Peer Group High
10 Years
% Rank: --
-28.96B Peer Group Low
27.24B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
9.16%
-3.56%
9.04%
-6.98%
17.45%
13.06%
5.69%
0.12%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
0.01%
--
--
10.48%
-1.72%
13.51%
10.06%
5.61%
0.17%
7.13%
5.01%
-0.75%
-11.88%
5.52%
2.13%
8.66%
0.41%
6.03%
4.05%
-1.39%
-12.46%
4.54%
0.65%
7.90%
0.33%
--
--
-0.00%
-14.14%
5.89%
8.17%
8.29%
0.16%
As of January 17, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-15-26) 9.92%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 71
Bond
Yield to Maturity (9-30-25) 8.13%
Effective Duration --
Average Coupon 8.18%
Calculated Average Quality 4.508
Effective Maturity 11.42
Nominal Maturity 11.42
Number of Bond Holdings 61
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash -5.15%
Stock 0.00%
Bond 97.26%
Convertible 0.00%
Preferred 4.60%
Other 3.29%
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Top 10 Holdings

Name % Weight Price % Change
USD CASH
12.87% -- --
OPORTUN FUNDING LLC 25A D SEQ FIX 7.25% 08-FEB-2033
4.24% -- --
BLACK DIAMOND CLO LTD. 221 E FLT 11.78177% 25-OCT-2035
3.96% -- --
ELEVATION CLO LTD 131RRR ER3 26-JUL-2038
3.96% -- --
SANTANDER BANK, N.A. 24B F FIX 8.881% 15-DEC-2032
3.95% -- --
A&D MORTGAGE TRUST 24NQM1 B1 SEQ VAR 8.4743% 25-FEB-2069
3.78% -- --
OTHER ASSETS LESS LIABILITIES
3.34% -- --
DBGS MORTGAGE TRUST 21W52 C FLT 7.4935% 17-OCT-2039
3.34% -- --
AGNC Investment Corp. AGNCINV 12/31/2099 FLT USD Corporate '25 3.32% 25.77 0.24%
TRALEE CLO LTD 6RR DRR FLT 8.41846% 25-OCT-2032
3.29% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee --
Administration Fee 248.5K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2500.00 None
Minimum Subsequent Investment 1000.00 None

Basic Info

Investment Strategy
The Fund seeks total return, including capital gains and current income. The Fund employs an opportunistic strategy to pursue value and current income across various types of mortgage-related, consumer-related, and corporate-related debt and other financial assets, including through investments primarily in securities.
General
Security Type Unlisted Closed-End Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Mortgages
Peer Group U.S. Mortgage Funds
Global Macro Bond HC
US Macro U.S. Government & Treasury Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective U.S. Mortgage Funds
Fund Owner Firm Name Ellington Income Opportunities Fund
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-15-26) 9.92%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 71
Bond
Yield to Maturity (9-30-25) 8.13%
Effective Duration --
Average Coupon 8.18%
Calculated Average Quality 4.508
Effective Maturity 11.42
Nominal Maturity 11.42
Number of Bond Holdings 61
As of September 30, 2025

Fund Details

Key Dates
Launch Date 11/13/2018
Share Classes
EIOAX A
Attributes
Inverse Fund No
Leveraged Fund Yes
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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