Sound Point Meridian Capital, Inc.SPME

$25.17-0.02 (-0.08%)
NYSEFinancial Services24:00 UTC

Company snapshot

10-Year Price
+1%
2025 — today
52-Week Range
$24.40$25.76
Current $25.17· 57%

Sound Point Meridian Capital, LLC, founded in 2022, functions as a closed-end investment management company based in the United States. Its primary investment strategy involves allocating capital to the equity and mezzanine tranches of collateralized loan obligations (CLOs). These CLOs, in turn, are backed by portfolios predominantly consisting of speculative-grade U.S. senior secured loans. The firm's headquarters are located in New York, New York.

Valuation in context

Dividend Yield
7.2%
Near historic high
Near historic highs — last 10 years
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