SPMA news

The closed-end investment company reported a GAAP net loss of $74.7 million ($3.63 per share) for Q4 ended March 31, 2026, driven by $77.6 million in unrealized investment losses, though NAV recovered to $10.57 by April 30. The company maintained its CLO equity portfolio weighted average yield at 9.…

Sound Point Meridian Capital declared monthly distributions of $0.20 per common share and $0.16667-$0.1640625 per preferred share for July-September 2026. The distributions reflect the company's strategy to generate high current income from CLO equity and mezzanine investments.