SPMC
Sound Point Meridian Capital, Inc.SPMC
SPMC
0
Funds holding %
of 7,314 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
14% more funds holding
Funds holding: 14 [Q4 2024] → 16 (+2) [Q1 2025]
0.39% less ownership
Funds ownership: 8.09% [Q4 2024] → 7.7% (-0.39%) [Q1 2025]
8% less capital invested
Capital invested by funds: $33.8M [Q4 2024] → $31.2M (-$2.68M) [Q1 2025]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for SPMC.
Financial journalist opinion
Neutral
Business Wire
5 days ago
Sound Point Meridian Capital Prices Offering of Preferred Shares
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC) today announced that it has priced an underwritten public offering of 2,000,000 shares of its 7.875% Series B Preferred Shares due 2030 (the “Preferred Shares”) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $48.2 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Prefer.
Neutral
Business Wire
6 days ago
Sound Point Meridian Capital Announces Offering of Series B Preferred Shares
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC), an externally managed closed-end fund focused on primarily investing in equity and junior debt tranches of collateralized loan obligations, has commenced an underwritten public offering of its Series B Preferred Shares. Certain financial and other terms of the Series B Preferred Shares are to be determined by negotiations between the Company and the underwriters. The Series B Preferred Shares are rated ‘.
Neutral
Seeking Alpha
1 month ago
Sound Point Meridian Capital Inc (SPMC) Q4 2025 Earnings Call Transcript
Sound Point Meridian Capital Inc (NYSE:SPMC ) Q4 2025 Earnings Conference Call May 29, 2025 11:00 AM ET Company Participants Julie Smith - IR Ujjaval Desai - CEO Kevin Gerlitz - CFO Conference Call Participants Erik Zwick - Lucid Capital Markets Tim D'Agostino - B. Riley Operator Good morning, ladies and gentlemen, and welcome to the Sound Point Meridian Capital Inc Fourth Fiscal Quarter Ended March 31, 2025 Earnings Conference Call.
Neutral
Business Wire
1 month ago
Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2026 Common Distributions and Preferred Distributions and Results for the Fourth Fiscal Quarter Ended March 31, 2025
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced the declaration of distributions on shares of the Company's common and preferred stock for the second fiscal quarter 2026 (third calendar quarter of 2025) and results for the fourth fiscal quarter ended March 31, 2025. The Company is declaring.
Positive
Zacks Investment Research
1 month ago
Will Sound Point Meridian Capital, Inc. (SPMC) Beat Estimates Again in Its Next Earnings Report?
Sound Point Meridian Capital, Inc. (SPMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
Business Wire
1 month ago
Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2025 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced it plans to release its financial results for the quarter and fiscal year ended March 31, 2025 prior to the opening of the stock market on Thursday, May 29, 2025, and discuss these results in a conference call at 11:00 a.m. ET. All interested partie.
Positive
Seeking Alpha
2 months ago
It's Raining CLO Equity CEFs And Why We Got Longer
The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns during periods of market volatility.
Positive
Seeking Alpha
2 months ago
2 High-Yield Picks From ECC And SPMC - Yields Up To 9%
CLO equity is popular but often overvalued; fixed income instruments from ECC and SPMC offer more attractive risk-adjusted returns. ECCW Baby Bond offers a 6.75% annual dividend, trading at $23 with an 8.92% yield to maturity, poised to outperform the common stock. SPMA preferred stock provides an 8% annual dividend, trading at $24.49 with an 8.9% yield to maturity, and is relatively safe due to the low leverage of the company.
Positive
Seeking Alpha
2 months ago
Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.
Negative
Seeking Alpha
3 months ago
Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions.
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