Sound Point Meridian Capital Inc

Sound Point Meridian reported net investment income of $0.24 per share in the first quarter, while distributions were $0.60 per share, prompting management to reduce the monthly payout for Q4 2026 from $0.20 to $0.13 per share. Net asset value rose to $9.88 per share, driven by unrealized gains, and the weighted portfolio return improved to 9.8% (around 10.1% in July). The company announced a six-month fee waiver and is reallocating toward higher-yielding secondary-market positions to stabilize earnings. Investor reactions remained muted following the announcement. » More on de.investing.com

The management of Sound Point Meridian Capital estimates net asset value per common share as of March 31 at $9.58 to $9.68. For the quarter ended March 31, unaudited net investment income of $0.29 to $0.37 per common share is expected, and realized results are estimated to be a loss of $0.37 to $0.29 per share. The figures are unaudited and come from a filing with the SEC. » More on de.investing.com

Sound Point Meridian Capital reported an unaudited management estimate of net asset value per share as of October 31, 2025, of $16.12 to $16.22 (Form 8-K). For the third quarter, the company gave preliminary NAV estimates of $16.86 to $16.96, estimated net investment income of $0.49 to $0.59 per share, and an estimated realized gain/loss of $0.00 to -$0.10 per share. Clear Street initiated coverage with a Buy rating and a $20.00 price target. The company also announced Daniel Fabian as its new Chief Financial Officer, effective December 31, 2025; he will succeed Kevin Gerlitz. » More on de.investing.com