- What does EIOMX invest in?
- The Ellington Income Opportunities Fund Class M operates as a non-diversified, closed-end management company. Its primary investment objective is to achieve a total return, which includes both capital appreciation and ongoing income generation. The company commenced operations on November 13, 2018, and is headquartered in Minneapolis, Minnesota.
- What is the expense ratio of EIOMX?
- Ellington Income Opportunities Fund Class M (EIOMX) charges an expense ratio of 3.26%. This is the annual fee deducted from fund assets to cover management and operations.
- What is EIOMX's dividend yield?
- EIOMX's trailing-twelve-month yield is 11.37%, calculated from the sum of dividends over the past year divided by the current price.
- How big is EIOMX?
- Ellington Income Opportunities Fund Class M (EIOMX) manages $16.62B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is EIOMX actively managed or an index fund?
- EIOMX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was EIOMX launched?
- Ellington Income Opportunities Fund Class M (EIOMX) launched in April 2023 and is managed by the fund issuer.
