Welcome to our dedicated page for Sound Point Meridian Capital news (Ticker: SPMC), a resource for investors and traders seeking the latest updates and insights on Sound Point Meridian Capital stock.
Sound Point Meridian Capital, Inc. (NYSE: SPMC) is an externally managed, non-diversified closed-end management investment company focused on investing primarily in third-party collateralized loan obligation ("CLO") equity and mezzanine tranches of predominantly U.S. dollar-denominated CLOs backed by corporate leveraged loans issued primarily to U.S. obligors. This news page aggregates company-issued updates and related coverage so readers can follow developments affecting SPMC common stock and its listed preferred shares, SPMA and SPME.
News about Sound Point Meridian Capital frequently centers on quarterly financial results, including net asset value (NAV) per share, net investment income (NII), realized and unrealized gains or losses on investments, and GAAP net income or net loss. The company also releases information on the weighted average effective yield of its CLO equity portfolio, look-through exposure to underlying loans or corporate obligors, and changes in portfolio composition and activity.
Investors can also track regular announcements of distributions on the company’s common and preferred stock. Press releases describe monthly distribution amounts, record and payable dates, and note that common stock distributions are generally paid from net investment income and may include capital gains and/or a return of capital. Updates on preferred stock distributions for the 8.00% Series A Term Preferred Stock due 2029 and 7.875% Series B Term Preferred Stock due 2030 are likewise detailed.
Another recurring theme in SPMC news is the scheduling of earnings releases and conference calls. The company provides dates and times for its calls, dial-in information, webcast access details, and the availability of accompanying slide presentations in its investor-focused website sections. From time to time, filings and press releases also cover capital markets activity, such as offerings of preferred shares, and corporate matters disclosed on Form 8-K.
By following this news feed, readers can review historical and ongoing disclosures from Sound Point Meridian Capital regarding its CLO-focused investment strategy, distribution declarations, portfolio metrics, and other material events reported through press releases and SEC filings.
Sound Point Meridian Capital (NYSE: SPMA) declared monthly common distributions of $0.20 per share for April–June 2026 and monthly preferred distributions of $0.16667 (Series A) and $0.1640625 (Series B) per share for the same months.
For the third fiscal quarter ended December 31, 2025, NAV per common share was $14.02, net investment income was $9.0 million ($0.44/share), and GAAP net loss was $43.9 million ($2.14/share). CLO equity weighted average effective yield was 11.0%.
Sound Point Meridian Capital (NYSE: SPMC) will release third fiscal quarter results for the period ended December 31, 2025 before market open on Wednesday, February 11, 2026 and will discuss results on a conference call at 11:00 a.m. ET.
Dial-in numbers, Conference ID SOUNDFQ3, a PDF slide presentation, live webcast, and replay (available through March 13, 2026) will be provided via the company’s Investor Relations website.
Sound Point Meridian Capital (NYSE: SPMA) reported results for the fiscal quarter ended September 30, 2025. NAV per share was $16.91. Net investment income was $11.0 million or $0.54 per share; GAAP net loss was $17.2 million or ($0.84) per share driven by an unrealized loss of $27.4 million.
The company reported a weighted average effective yield of 12.0% on its CLO equity portfolio and indirect exposure to ~1,627 underlying loans. Management estimated NAV at $16.17 as of October 31, 2025. The company received $24.8 million cash distributions and declared monthly common and preferred distributions for Jan–Mar 2026.
Sound Point Meridian Capital (NYSE: SPMA) declared monthly distributions for the fourth fiscal quarter 2026 (calendar Q1 2026).
Common stock: $0.25 per share monthly, payable Jan 30, 2026, Feb 27, 2026, and Mar 31, 2026 (record dates Jan 15, Feb 16, Mar 16).
Preferred stock: Series A pays $0.16667 monthly (8.00% annual rate on $25 liquidation preference); Series B pays $0.1640625 monthly (7.875% annual rate on $25 liquidation preference). Tax character of common distributions (net investment income, capital gains and/or return of capital) will be reported on Form 1099 after calendar year 2025.
Sound Point Meridian Capital (NYSE: SPMC) will release second fiscal quarter results for the period ended September 30, 2025 before market open on Thursday, November 13, 2025 and will host a conference call at 11:00 a.m. ET the same day.
Investors can join by phone using U.S. dial-in (800) 549-8228 or international (646) 564-2877 and should provide Conference ID SOUNDFQ2. A slide presentation will be posted in the Investor Relations section of the company website and the call will be webcast there.
An online archive of the webcast will be available for about one year. A telephone replay will be available through December 13, 2025 at toll-free (888) 660-6264 or international (646) 517-3975 with replay PIN 55227.
Sound Point Meridian Capital (NYSE: SPMC) reported its financial results for the first fiscal quarter ended June 30, 2025. The company achieved a net asset value of $18.50 per share and net investment income of $10.8 million ($0.53 per share).
Key highlights include $22.6 million in cash distributions from their investment portfolio and deployment of $10.9 million in six CLO equity positions with a 13.7% GAAP yield. The company declared monthly distributions of $0.25 per share on common stock for October through December 2025.
Additionally, Sound Point Meridian amended its CIBC Credit Facility, extending the maturity to August 2028 and increasing the maximum facility to $150.0 million, maintaining the rate at SOFR + 3.75%.
Sound Point Meridian Capital (NYSE: SPMC) has declared distributions for its common and preferred stock for the third fiscal quarter 2026. The company announced monthly common stock distributions of $0.25 per share payable in October, November, and December 2025.
Additionally, the company declared distributions on two series of preferred stock: 8.00% Series A Term Preferred Stock with monthly payments of $0.16667 per share, and 7.875% Series B Term Preferred Stock with monthly distributions of $0.1640625 per share. Both preferred stock distributions reflect their respective annual rates based on a $25.00 liquidation preference per share.
Sound Point Meridian Capital (NYSE:SPMC), a closed-end management investment company, has scheduled its first fiscal quarter 2025 earnings release and conference call. The company will release financial results for the quarter ended June 30, 2025 before market open on August 12, 2025.
The conference call will be held at 11:00 a.m. ET on the same day, with both domestic (800-549-8228) and international (646-564-2877) dial-in options available. A slide presentation will be accessible through the company's website, and a webcast replay will be available for approximately one year. A telephone replay will be accessible until September 12, 2025.
Sound Point Meridian Capital (NYSE:SPMC) has priced an underwritten public offering of 2,000,000 shares of its 7.875% Series B Preferred Shares due 2030 at $25 per share. The offering is expected to generate net proceeds of approximately $48.2 million after expenses.
The Preferred Shares, rated 'BBB' by Egan-Jones, will be listed on the NYSE under the symbol "SPME". The underwriters have a 30-day option to purchase up to 300,000 additional shares. The offering is expected to close on July 15, 2025, subject to customary conditions.
Sound Point Meridian Capital (NYSE:SPMC) has announced a public offering of Series B Preferred Shares. The shares, rated 'BBB' by Egan-Jones Ratings Company, will be listed on the NYSE under the symbol "SPME" within 30 days of issuance.
The offering is being led by joint bookrunners including Oppenheimer & Co. Inc., B. Riley Securities, Janney Montgomery Scott, Lucid Capital Markets, and Piper Sandler. The company will grant underwriters a 30-day option to purchase additional shares. The final terms of the offering will be determined through negotiations between the company and underwriters.