Sound Point Meridian Capital Stock (NYSE:SPMC)


Chart

Previous Close

$16.66

52W Range

$15.01 - $22.30

50D Avg

$17.40

200D Avg

$18.73

Market Cap

$331.82M

Avg Vol (3M)

$24.95K

Beta

0.23

Div Yield

$2.91 (17.74%)

SPMC Company Profile


Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.

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Industry

Asset Management

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

-

IPO Date

Jun 14, 2024

Website

-

SPMC Performance


Peer Comparison


TickerCompany
SCMStellus Capital Investment Corporation
SARSaratoga Investment Corp 8.50%
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