# EDGAR Filing Document

**Accession Number:** 0001751156
**File Stem:** 0000894189-26-007415
**Filing Date:** 2026-3
**Character Count:** 33644
**Document Hash:** 8c3c7d93ec7f602acf1aec160529e42f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-007415.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0000894189-26-007415

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ELLINGTON INCOME OPPORTUNITIES FUND
- **CENTRAL INDEX KEY:** 0001751156

**ORGANIZATION NAME:**
- **EIN:** 831646576
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23389
- **FILM NUMBER:** 26706999

**BUSINESS ADDRESS:**
- **STREET 1:** 8000 NORMAN CENTER DRIVE
- **STREET 2:** SUITE 630
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55437
- **BUSINESS PHONE:** 952-897-5363

**MAIL ADDRESS:**
- **STREET 1:** 8000 NORMAN CENTER DRIVE
- **STREET 2:** SUITE 630
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55437

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Ellington Income Opportunities Fund

- **b. Investment Company Act file number:** 811-23389

- **c. CIK number of Registrant:** 0001751156

- **d. LEI of Registrant:** 549300AZITG6Y38UKP98

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 8500 Normandale Lake Blvd

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55437

  - **Telephone number:** 952-897-5395

**Item A.2. Information about the Series.**

- **a. Name of Series:** Ellington Income Opportunities Fund

- **c. LEI of Series:** 549300AZITG6Y38UKP98

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $43567117.12

**Total Liabilities:** $6277370.12

**Net Assets:** $37289747.00

**Cash Not Reported:** $4981191.12

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 659.940000000000 | **1-Year:** 308.330000000000 | **5-Year:** 126.620000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 2886.460000000000 | **1-Year:** 1888.530000000000 | **5-Year:** 617.200000000000 | **10-Year:** 140.130000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.34%               | 0.00%                | -0.02%               |
| Class ID N/A | -0.35%               | 0.00%                | 0.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $154107.20               | $-733475.45                                |
| Month 2  | $38518.21                | $-244135.04                                |
| Month 3  | $59624.03                | $-329197.85                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                          | Title                                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ANN 08/09/32 @ 2.61%                                          | ANN 08/09/32 @ 2.61%                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         1 | NC      | $-18667.10    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| ANN 2/25/2027 @ 4.037500%                                     | ANN 2/25/2027 @ 4.037500%                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         1 | NC      | $-10207.40    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| ANN 6/17/2031 @ 3.888500%                                     | ANN 6/17/2031 @ 3.888500%                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         1 | NC      | $-13783.25    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| ANNALY CAPITAL MGMT                                           | Annaly Capital Management Inc                                           | CUSIP: 035710862<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |      1594 | NS      | $39738.42     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AVENTIV TECHNOLOGIES LLC SECOND OUT TL                        | AVENTIV TECHNOLOGIES LLC SECOND OUT TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     36120 | PA      | $36480.99     | 0.10%             | 2025-07-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| AVENTIV TECHNOLOGIES LLC NEW MONEY LOAN                       | AVENTIV TECHNOLOGIES LLC NEW MONEY LOAN                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    787669 | PA      | $830006.27    | 2.23%             | 2030-04-24      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Barclays Commercial Mortgage S                                | BBCMS 2018-CHRS Mortgage Trust                                          | CUSIP: 05491VAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1390000 | PA      | $1216398.73   | 3.26%             | 2038-08-05      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| Black Diamond CLO Ltd                                         | Black Diamond CLO 2022-1 Ltd                                            | CUSIP: 09203GAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1495557.00   | 4.01%             | 2035-10-25      | Floating      | 11.36%                | No            |                  2 | On Loan: No      |
| BDS Ltd                                                       | BDS 2024-FL13 LLC                                                       | CUSIP: 05555MAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $997942.00    | 2.68%             | 2039-09-19      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft                                    | Blackbird Capital II Aircraft Lease Ltd                                 | CUSIP: 09229CAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    636826 | PA      | $610909.98    | 1.64%             | 2046-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                                          | BlueMountain CLO 2018-2 Ltd                                             | CUSIP: 09629WAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $100.00       | 0.00%             | 2031-08-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                      | BX Commercial Mortgage Trust 2019-IMC                                   | CUSIP: 05608BAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $966083.00    | 2.59%             | 2034-04-15      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                                     | BPR Trust 2021-TY                                                       | CUSIP: 05592AAQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $991828.00    | 2.66%             | 2038-09-15      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                      | BX Commercial Mortgage Trust 2025-JDI                                   | CUSIP: 05594LAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1102742.30   | 2.96%             | 2042-11-15      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                      | BX Trust 2025-LUNR                                                      | CUSIP: 05594CAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    976448 | PA      | $977926.67    | 2.62%             | 2040-06-15      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                                | Alternative Loan Trust 2006-J5                                          | CUSIP: 12668EAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130624 | PA      | $74373.52     | 0.20%             | 2036-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                              | CIFC Funding 2013-III-R Ltd                                             | CUSIP: 12552NAA4<br>LEI: 549300JZARV9CBLL1S14 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1490215.50   | 4.00%             | 2031-04-24      | Floating      | 10.03%                | No            |                  3 | On Loan: No      |
| Countrywide Home Loans                                        | CHL Mortgage Pass-Through Trust 2003-49                                 | CUSIP: 12669EF76<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9367 | PA      | $8671.32      | 0.02%             | 2033-12-19      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin                                | Santander Bank Auto Credit-Linked Notes Series 2025-A                   | CUSIP: 80290CCV4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1000542.00   | 2.68%             | 2034-01-16      | Fixed         | 7.34%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin                                | Santander Bank Auto Credit-Linked Notes Series 2024-B                   | CUSIP: 80280BAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1306142 | PA      | $1326512.65   | 3.56%             | 2033-01-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SBA_JVB_03                                                    | SBA_JVB_03                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7594681 | PA      | $607620.03    | 1.63%             | 2035-05-01      | Fixed         | 2.51%                 | No            |                  3 | On Loan: No      |
| A&D Mortgage Trust                                            | A&D Mortgage Trust 2024-NQM1                                            | CUSIP: 00039GAE9<br>LEI: 984500E3BD374F778L95 | Long             | ABS-MBS          | CORP              | US        |   1420000 | PA      | $1428727.32   | 3.83%             | 2069-02-25      | Variable      | 8.47%                 | No            |                  2 | On Loan: No      |
| Alinea CLO LTD                                                | Alinea CLO 2018-1 Ltd                                                   | CUSIP: 016268AD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1190163.60   | 3.19%             | 2031-07-20      | Floating      | 9.83%                 | No            |                  2 | On Loan: No      |
| AGNC INVESTMENT CORP                                          | AGNC Investment Corp                                                    | CUSIP: 00123Q872<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     49521 | NS      | $1215245.34   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro CLO Ltd                                               | Allegro CLO VII Ltd                                                     | CUSIP: 01750DAC5<br>LEI: 635400EBXLHIKFL2MP73 | Long             | ABS-CBDO         | CORP              | KY        |   2790000 | PA      | $2.79         | 0.00%             | 2031-06-13      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Crown Point CLO Ltd                                           | Crown Point CLO 8 Ltd                                                   | CUSIP: 22846BAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996383.00    | 2.67%             | 2034-10-20      | Floating      | 7.85%                 | No            |                  2 | On Loan: No      |
| Crown City CLO I                                              | Crown City CLO I                                                        | CUSIP: 22823RBE8<br>LEI: 549300K60T4GC7BSX929 | Long             | ABS-CBDO         | CORP              | KY        |    440000 | PA      | $440601.48    | 1.18%             | 2038-07-20      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd                                             | Elevation CLO 2013-1 Ltd                                                | CUSIP: 28623GAE2<br>LEI: 549300D7IKXB86IQMC13 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1473381.00   | 3.95%             | 2038-07-25      | Floating      | 11.97%                | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                                    | Flagship Credit Auto Trust 2024-1                                       | CUSIP: 33843VAN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    770000 | PA      | $718930.52    | 1.93%             | 2031-05-15      | Fixed         | 8.60%                 | No            |                  2 | On Loan: No      |
| SIRVA WORLDWIDE INC EXIT FACILITY                             | SIRVA WORLDWIDE INC EXIT FACILITY                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1020000 | PA      | $953700.00    | 2.56%             | 2029-02-20      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| SOLRR Aircraft 2021-1 Limited                                 | Lunar 2021-1 Structured Aircraft Portfolio Notes                        | CUSIP: 83438LAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |    709545 | PA      | $691315.82    | 1.85%             | 2046-10-15      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| SKYAF III E (Westjet)                                         | SKYAF III E (Westjet)                                                   | CUSIP: 830849105<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1155000.00   | 3.10%             | 2038-07-27      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| STAR 2022-SFR3 Trust                                          | STAR 2022-SFR3 Trust                                                    | CUSIP: 78474PAN7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    959724 | PA      | $964787.13    | 2.59%             | 2039-05-17      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Stifel SBA IO Trust                                           | Stifel SBA IO Trust Series 2025-1                                       | CUSIP: 86063CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  25848050 | PA      | $1063207.84   | 2.85%             | 2038-08-15      | Variable      | 1.84%                 | No            |                  3 | On Loan: No      |
| Structured Asset Securities Co                                | Structured Asset Securities Corp Mortgage Pass-Through Ctfs Ser 2003-9A | CUSIP: 86359ARP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    118192 | PA      | $80500.25     | 0.22%             | 2033-03-25      | Variable      | 5.88%                 | No            |                  3 | On Loan: No      |
| Stonepeak                                                     | Stonepeak 2021-1 ABS                                                    | CUSIP: 78433XAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    384301 | PA      | $341671.55    | 0.92%             | 2033-02-28      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| SWAP25-1248                                                   | SWAP25-1248                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         1 | NC      | $-255.26      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tralee CLO Ltd                                                | Tralee CLO V Ltd                                                        | CUSIP: 89300GAE4<br>LEI: 54930005YIOSJ9Z81114 | Long             | ABS-CBDO         | CORP              | KY        |     50000 | PA      | $36279.40     | 0.10%             | 2034-10-20      | Floating      | 13.04%                | No            |                  3 | On Loan: No      |
| Tralee CLO Ltd                                                | Tralee CLO V Ltd                                                        | CUSIP: 89300GAA2<br>LEI: 54930005YIOSJ9Z81114 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $69600.00     | 0.19%             | 2034-10-20      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Venture CDO Ltd                                               | Venture XXIV CLO Ltd                                                    | CUSIP: 92330RAC2<br>LEI: 549300EDZDHKTKE7JV77 | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $110.00       | 0.00%             | 2028-10-20      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Venture CDO Ltd                                               | Venture 32 CLO Ltd                                                      | CUSIP: 92325RAE5<br>LEI: 549300UP09C89Q3HWD39 | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $60.00        | 0.00%             | 2031-07-18      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                               | Venture 34 CLO Ltd                                                      | CUSIP: 92332EAB1<br>LEI: 549300MYRV6PEDBLPL32 | Long             | ABS-CBDO         | CORP              | KY        |    470000 | PA      | $47.00        | 0.00%             | 2031-10-15      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Vibrant CLO Ltd                                               | Vibrant ClO VIII Ltd                                                    | CUSIP: 92557RAC8<br>LEI: 5493007UH0SOAZ6NCZ28 | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $24000.00     | 0.06%             | 2031-01-20      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Voya CLO Ltd                                                  | Voya CLO 2018-1 Ltd                                                     | CUSIP: 92917BAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $68873.20     | 0.18%             | 2031-04-19      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Zais CLO 6 LTD                                                | Zais Clo 6 Ltd                                                          | CUSIP: 98887UAB1<br>LEI: 549300ZPQFDVEE67IB71 | Long             | ABS-CBDO         | CORP              | KY        |   1460000 | PA      | $146.00       | 0.00%             | 2029-07-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Zais CLO 6 LTD                                                | Zais Clo 6 Ltd                                                          | CUSIP: 98887UAA3<br>LEI: 549300ZPQFDVEE67IB71 | Long             | ABS-CBDO         | CORP              | KY        |    202073 | PA      | $141450.95    | 0.38%             | 2029-07-15      | Floating      | 11.17%                | No            |                  3 | On Loan: No      |
| Greywolf CLO Ltd                                              | Greywolf CLO IV Ltd                                                     | CUSIP: 39810JAL0<br>LEI: 5493008JNE27URH1VF66 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $267682.50    | 0.72%             | 2034-04-17      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Fortress Credit BSL Limited                                   | Fortress Credit Bsl X Ltd                                               | CUSIP: 34961RAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1240000 | PA      | $1222532.12   | 3.28%             | 2033-04-20      | Floating      | 9.66%                 | No            |                  2 | On Loan: No      |
| LendingPoint Asset Securitizat                                | LendingPoint 2020-REV1 Asset Securitization Trust                       | CUSIP: 52606YAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    272765 | PA      | $272372.05    | 0.73%             | 2028-10-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                             | Magnetite Xxx Ltd                                                       | CUSIP: 55953VAC6<br>LEI: 549300RI4HRUG7CFWM27 | Long             | ABS-CBDO         | CORP              | KY        |   1385000 | PA      | $734050.00    | 1.97%             | 2037-10-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MCF CLO LLC                                                   | MCF CLO IX Ltd                                                          | CUSIP: 55282EAE2<br>LEI: 2549007R1O92GDXNLZ38 | Long             | ABS-CBDO         | CORP              | KY        |    990000 | PA      | $975808.35    | 2.62%             | 2036-04-17      | Floating      | 11.94%                | No            |                  2 | On Loan: No      |
| Marble Point CLO XX Ltd                                       | Marble Point CLO XX Ltd                                                 | CUSIP: 566069AG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $293766.30    | 0.79%             | 2034-04-23      | Floating      | 7.42%                 | No            |                  3 | On Loan: No      |
| MFA FINANCIAL INC                                             | MFA Financial Inc                                                       | CUSIP: 55272X508<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |     11334 | NS      | $258641.88    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| OFSBS-2018-1A-FEE                                             | OFSBS-2018-1A-FEE                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | CA        |   1332000 | PA      | $133.20       | 0.00%             | 2026-10-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Neuberger Berman CLO Ltd                                      | Neuberger Berman Loan Advisers CLO 35 Ltd                               | CUSIP: 64133CAE9<br>LEI: 549300MYVO80EQUJK294 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $382780.00    | 1.03%             | 2033-01-19      | Fixed         | 3.64%                 | No            |                  3 | On Loan: No      |
| OFSI Fund LTD                                                 | OFSI BSL IX Ltd                                                         | CUSIP: 67112NAC7<br>LEI: 549300ISCSFRB3LRFG70 | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $2058.00      | 0.01%             | 2118-07-31      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Oportun Funding LLC                                           | Oportun Issuance Trust 2025-A                                           | CUSIP: 68377TAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1598304.00   | 4.29%             | 2033-02-08      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                    | Progress Residential 2021-SFR3                                          | CUSIP: 74333VAS3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $744967.50    | 2.00%             | 2026-05-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Prime Mortgage Trust                                          | Prime Mortgage Trust 2003-3                                             | CUSIP: 74160MDA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       351 | PA      | $5.97         | 0.00%             | 2034-01-25      | Variable      | 6.02%                 | No            |                  3 | On Loan: No      |
| Raistone - First Brands Supply Chain Finance Program 09/24/25 | Raistone - First Brands Supply Chain Finance Program 09/24/25           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    744939 | PA      | $74493.93     | 0.20%             | 2025-09-24      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Raistone - First Brands Supply Chain Finance Program 10/01/25 | Raistone - First Brands Supply Chain Finance Program 10/01/25           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    843941 | PA      | $84394.06     | 0.23%             | 2025-10-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Residential Asset Securitizati                                | Residential Asset Securitization Trust 2003-A15                         | CUSIP: 45660NXK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    305529 | PA      | $217904.27    | 0.58%             | 2034-02-25      | Variable      | 5.58%                 | No            |                  3 | On Loan: No      |
| Raptor Aircraft Finance LLC                                   | Raptor Aircraft Finance I LLC                                           | CUSIP: 75383HAA9<br>LEI: 549300QFYP8PTWJMXQ65 | Long             | ABS-O            | CORP              | KY        |    638478 | PA      | $592936.40    | 1.59%             | 2044-08-23      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| ZAIS6-2017-1A-FEE                                             | ZAIS6-2017-1A-FEE                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | CA        |   1460000 | PA      | $0.00         | 0.00%             | 2029-07-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| RITHM CAPITAL CORP                                            | Rithm Capital Corp                                                      | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      7054 | NS      | $175432.98    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| USD REPO                                                      | USD REPO                                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |   -722000 | PA      | $-722000.00   | -1.94%            |  |  |  | No            |                  2 | On Loan: No      |
| USD REPO                                                      | USD REPO                                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |   -900000 | PA      | $-900000.00   | -2.41%            |  |  |  | No            |                  2 | On Loan: No      |
| USD REPO                                                      | USD REPO                                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |   -812000 | PA      | $-812000.00   | -2.18%            |  |  |  | No            |                  2 | On Loan: No      |
| USD REPO                                                      | USD REPO                                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -1042000 | PA      | $-1042000.00  | -2.79%            |  |  |  | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                      | JP Morgan Mortgage Trust 2006-A1                                        | CUSIP: 466247E41<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18930 | PA      | $13045.00     | 0.03%             | 2036-02-25      | Variable      | 6.06%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** Ellington Income Opportunities Fund

**Signature:** /s/ Michael Sabre

**Name of Signer:** Michael Sabre

**Title:** Treasurer