SPMC
Sound Point Meridian Capital, Inc.
NYSE · Financial Services · Asset Management · US
$6.93
−1.28%Price chart
Sep 17Sep 22Sep 25Sep 30Oct 5Oct 8Oct 13Oct 16
Key dataOct 16, 2026
Open$6.96
From 52W high−58.45%
Volume24658.00
Market cap$141.89M
P/E (TTM)—
P/S (TTM)1.4x
Div yield26.41%
Key dataOct 16, 2026
Open
$6.96
From 52W high
−58.45%
Volume
24658.00
Market cap
$141.89M
ValuationView details →
P/E (Fwd)
9.5x
EV/EBITDA
−2.0x
P/E (TTM)
—
RSI (14)
18.0
MomentumView details →
1D Return
−1.28%
YTD Return
−48.51%
SummaryUpdated Mar 1, 2026
Sound Point Meridian Capital Inc (NYSE:SPMC) is a closed-end management investment company founded in 2022 and headquartered in New York. The company operates as a specialized investment vehicle focused on a niche segment of the credit markets, specifically targeting equity and mezzanine tranches of collateralized loan obligations (CLOs). As a relatively new entrant in the asset management space, SPMC represents a focused investment strategy designed to capitalize on opportunities in the below-investment grade corporate credit market.
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Sound Point Meridian Capital, Inc. announced results for the first fiscal quarter ended June 30, 2026.65d agoSound Point Meridian Capital, Inc. declared distributions on its common and preferred stock for the third fiscal quarter 2027 (fourth calendar quarter of 2026).65d agoSound Point Meridian Capital, Inc. and its investment adviser Sound Point Meridian Management Company, LLC entered into a Management Fee Waiver Agreement on August 3, 2026, under which the adviser temporarily waived portions of the base management fee and incentive fee for the period July 1, 2026 through December 31, 2026, reducing the base management fee rate from 1.75% to 1.50% of Total Equity Base and the incentive fee catch-up range from 2.00%-2.50% to 2.00%-2.35%, with the adviser's share of Pre-Incentive Fee Net Investment Income above the catch-up range reduced from 20% to 15%.66d ago