Sound Point Meridian Capital Inc

Frequently Asked Questions About SPMC

What does SPMC invest in?

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.

What is the expense ratio of SPMC?

An expense ratio for Sound Point Meridian Capital Inc (SPMC) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is SPMC?

Sound Point Meridian Capital Inc (SPMC) manages $201.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SPMC actively managed or an index fund?

SPMC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SPMC launched?

Sound Point Meridian Capital Inc (SPMC) launched in June 2024 and is managed by the fund issuer.

How has SPMC performed?

SPMC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.