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Sound Point Meridian Capital Inc

SPMC
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16.630USD
+0.040+0.24%
Market hours (ET)Quotes delayed by 15 min
337.90MMarket Cap
--P/E TTM
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Sound Point Meridian Capital Inc

16.630
+0.040+0.24%
Intraday
1m
30m
1h
D
W
M
D

Today

+0.24%

5 Days

+8.62%

1 Month

-3.31%

6 Months

-11.07%

Year to Date

-20.43%

1 Year

-12.75%

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Sound Point Meridian Capital Inc Info

Sound Point Meridian Capital, Inc. is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate high current income, with a secondary objective to generate capital appreciation. It seeks to achieve its investment objectives by investing primarily in third-party collateralized loan obligations (CLO) equity and mezzanine tranches of predominately United States dollar denominated CLOs backed by corporate leveraged loans issued primarily to United States obligors. It may also invest in other securities and instruments including, among other investments, junior debt tranches of CLOs and loan accumulation facilities. Sound Point Capital Management, LP is the investment manager of the Company.
Ticker SymbolSPMC
CompanySound Point Meridian Capital Inc
CEOMr. Ujjaval Desai
Websitehttps://www.soundpointmeridiancap.com/
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