SPME Overview

Second Fiscal Quarter Results: For the second fiscal quarter ending September 30, 2025, Sound Point Meridian Capital reported a net asset value per share of $16.91, with net investment income of $11.0 million and a GAAP net loss of $17.2 million.

Portfolio Activity: The company received $24.8 million in cash distributions from its investment portfolio and declared monthly distributions for its common and preferred stock to be paid in early 2026.

CLO Investments: As of September 30, 2025, the company had indirect exposure to approximately 1,627 unique underlying loans through its CLO investments, with a weighted average effective yield of 12.0%.

Conference Call Announcement: A conference call is scheduled for November 13, 2025, at 11:00 a.m. ET to discuss the quarterly results, with details available on the company's website.

Distribution Announcements: Sound Point Meridian Capital, Inc. has declared monthly distributions of $0.25 per share on common stock and $0.16667 on Series A Term Preferred Stock for the third fiscal quarter of 2026, with specific record and payable dates outlined.

Investment Objective: The company aims to generate high current income primarily through investments in collateralized loan obligation (CLO) equity and mezzanine tranches, while also focusing on capital appreciation.