Ellington Income Opportunities Fund - Ellington Income Opp Fd USD Cls M
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.72
-
13.88%
$1.21
4.70%
Vitals
YTD Return
4.9%
1 yr return
21.2%
3 Yr Avg Return
5.9%
5 Yr Avg Return
N/A
Net Assets
$N/A
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 4.70%
SALES FEES
Front Load 0.00%
Deferred Load N/A
TRADING FEES
Turnover 46.81%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000,000
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.72
-
13.88%
$1.21
4.70%
EIOMX - Profile
Distributions
- YTD Total Return 4.9%
- 3 Yr Annualized Total Return 5.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.51%
- Dividend Yield 13.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameEllington Income Opportunities Fund - Ellington Income Opp Fd USD Cls M
-
Fund Family NameEllington Global Asset Management, LLC
-
Inception DateJul 08, 2020
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Vranos
Fund Description
EIOMX - Performance
Return Ranking - Trailing
Period | EIOMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.9% | -12.7% | 9.3% | 1.85% |
1 Yr | 21.2% | -9.6% | 26.8% | 0.31% |
3 Yr | 5.9%* | -17.6% | 17.9% | 2.11% |
5 Yr | N/A* | -13.4% | 14.7% | N/A |
10 Yr | N/A* | -13.6% | 6.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | EIOMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.6% | -12.0% | 15.7% | 1.85% |
2022 | -13.3% | -31.8% | 18.4% | 51.90% |
2021 | 3.4% | -26.6% | 25.7% | 3.27% |
2020 | N/A | -49.2% | 18.7% | N/A |
2019 | N/A | -35.1% | 15.3% | N/A |
Total Return Ranking - Trailing
Period | EIOMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.9% | -12.7% | 9.3% | 1.85% |
1 Yr | 21.2% | -9.6% | 26.8% | 0.31% |
3 Yr | 5.9%* | -17.6% | 17.9% | 2.11% |
5 Yr | N/A* | -13.4% | 14.7% | N/A |
10 Yr | N/A* | -13.6% | 6.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | EIOMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.4% | -7.0% | 22.2% | 0.46% |
2022 | -7.0% | -31.8% | 21.1% | 35.60% |
2021 | 9.4% | -13.5% | 49.9% | 3.92% |
2020 | N/A | -28.6% | 24.1% | N/A |
2019 | N/A | -4.8% | 19.1% | N/A |
NAV & Total Return History
EIOMX - Holdings
Concentration Analysis
EIOMX | Category Low | Category High | EIOMX % Rank | |
---|---|---|---|---|
Net Assets | N/A | 2.53 M | 143 B | N/A |
Number of Holdings | N/A | 4 | 9868 | N/A |
Net Assets in Top 10 | N/A | -1.57 B | 65.8 B | N/A |
Weighting of Top 10 | N/A | 0.7% | 170.6% | N/A |
Top 10 Holdings
Asset Allocation
Weighting | Return Low | Return High | EIOMX % Rank | |
---|---|---|---|---|
Stocks | 0.00% | -1.60% | 99.88% | N/A |
Preferred Stocks | 0.00% | 0.00% | 30.46% | N/A |
Other | 0.00% | -62.91% | 100.00% | N/A |
Convertible Bonds | 0.00% | 0.00% | 33.50% | N/A |
Cash | 0.00% | -94.66% | 258.91% | N/A |
Bonds | 0.00% | -150.81% | 203.29% | N/A |
EIOMX - Expenses
Operational Fees
EIOMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 4.70% | 0.01% | 20.67% | 1.67% |
Management Fee | 1.85% | 0.00% | 2.29% | 96.98% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
EIOMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 0.00% | 0.00% | 5.75% | 100.00% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
EIOMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
EIOMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 46.81% | 0.00% | 632.00% | 16.91% |
EIOMX - Distributions
Dividend Yield Analysis
EIOMX | Category Low | Category High | EIOMX % Rank | |
---|---|---|---|---|
Dividend Yield | 13.88% | 0.00% | 23.30% | 0.30% |
Dividend Distribution Analysis
EIOMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
EIOMX | Category Low | Category High | EIOMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.51% | -1.55% | 11.51% | 12.98% |
Capital Gain Distribution Analysis
EIOMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.547 | OrdinaryDividend |
Dec 28, 2023 | $0.302 | OrdinaryDividend |
Sep 28, 2023 | $0.186 | OrdinaryDividend |
Jun 29, 2023 | $0.107 | OrdinaryDividend |
Mar 30, 2023 | $0.245 | OrdinaryDividend |
Sep 29, 2022 | $0.197 | OrdinaryDividend |
Jun 29, 2022 | $0.244 | OrdinaryDividend |
Mar 30, 2022 | $0.171 | OrdinaryDividend |
Dec 30, 2021 | $0.189 | OrdinaryDividend |
Sep 29, 2021 | $0.144 | OrdinaryDividend |
Jun 29, 2021 | $0.099 | OrdinaryDividend |
Mar 30, 2021 | $0.119 | OrdinaryDividend |
Dec 30, 2020 | $0.265 | OrdinaryDividend |
Sep 29, 2020 | $0.122 | OrdinaryDividend |
Jun 29, 2020 | $0.115 | OrdinaryDividend |
Mar 30, 2020 | $0.090 | OrdinaryDividend |
EIOMX - Fund Manager Analysis
Managers
Michael Vranos
Start Date
Tenure
Tenure Rank
Nov 13, 2018
3.55
3.6%
Mr. Vranos founded Ellington in December of 1994. Until December 1994, Mr. Vranos was the Senior Managing Director of Kidder Peabody in charge of RMBS trading. Mr. Vranos began his Wall Street career in 1983, after graduating magna cum laude, Phi Beta Kappa with a Bachelor of Arts in Mathematics from Harvard University.
Mark Tecotzky
Start Date
Tenure
Tenure Rank
Nov 13, 2018
3.55
3.6%
Mark Tecotzky is a Managing Director and head manager for all MBS/ABS credit, reporting directly to Mr. Vranos. Prior to joining Ellington, Mr. Tecotzky was the senior trader in the mortgage department at Credit Suisse where he was instrumental in building its mortgage conduit to one of the largest on Wall Street. He developed and launched several of its securitization vehicles, including hybrid ARMs and second liens, and subsequently ran its hybrid ARM business, which consisted of conduit pricing, servicing sales, monthly securitization, trading of agency/non agency hybrids of all ratings categories and managing and hedging the residual portfolio. Prior to joining Credit Suisse, Mr. Tecotzky worked with Mr. Vranos and many of the other Ellington principals at Kidder Peabody as a Managing Director where he traded agency and non-agency pass-throughs and structured CMOs. Mr. Tecotzky holds a B.S. from Yale University, and received a National Science Foundation fellowship to study at MIT.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |