Sound Point Meridian Capital Stock (NYSE:SPMC)
Previous Close
$10.34
52W Range
$8.36 - $18.60
50D Avg
$10.72
200D Avg
$12.51
Market Cap
$207.84M
Avg Vol (3M)
$28.71K
Beta
1.20
Div Yield
$2.85 (27.67%)
SPMC Company Profile
Sound Point Meridian Capital, LLC functions as a closed-end investment firm based in the United States. The company's primary investment strategy involves allocating capital to the equity and mezzanine layers of collateralized loan obligations (CLOs). These CLOs are backed by diversified pools of predominantly lower-rated, U.S. senior secured debt. Established in 2022, its operations are headquartered in New York, New York.