Performance analysis of Sound Point Meridian Capital (SPMC)
Annual Return
Since Jun 14, 2024, SPMC has had an average annual return of -9.76%, underperforming the benchmark SPY, which returned +19.62% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -5.81% | -22.44% | +11.82% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.89% | -28.26% | -5.62% | +15.11% | +13.43% | +3.55% | -5.81% | ||||||
| 2025 | -0.04% | +0.89% | -2.08% | -3.60% | -2.25% | -0.92% | +3.38% | -0.60% | -1.54% | -3.09% | -6.44% | -8.30% | -22.44% |
| 2024 | +0.20% | +1.07% | +1.36% | -0.25% | -2.66% | +8.15% | +3.74% | +11.82% |
Drawdown analysis of Sound Point Meridian Capital (SPMC)
The maximum drawdown for the SPMC was -52.82%, occurring on Mar 18, 2026. This drawdown has not yet recovered.
The current SPMC drawdown is -32.51%.
Since Jun 14, 2024 SPMC has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -52.82% | Mar 5, 2025 | 260 | Mar 18, 2026 | Ongoing | Ongoing | Ongoing |
| -8.61% | Feb 19, 2025 | 6 | Feb 27, 2025 | 4 | Mar 5, 2025 | 10 |
| -5.93% | Jul 26, 2024 | 6 | Aug 5, 2024 | 12 | Aug 21, 2024 | 18 |
| -5.88% | Aug 21, 2024 | 52 | Nov 4, 2024 | 4 | Nov 8, 2024 | 56 |
| -5.44% | Jan 6, 2025 | 12 | Jan 24, 2025 | 13 | Feb 12, 2025 | 25 |
| -4.57% | Nov 8, 2024 | 3 | Nov 13, 2024 | 20 | Dec 12, 2024 | 23 |
| -4.19% | Dec 16, 2024 | 4 | Dec 20, 2024 | 9 | Jan 6, 2025 | 13 |
| -1.87% | Feb 13, 2025 | 1 | Feb 14, 2025 | 2 | Feb 19, 2025 | 3 |
| -1.25% | Jul 23, 2024 | 2 | Jul 25, 2024 | 1 | Jul 26, 2024 | 3 |
| -0.85% | Jun 17, 2024 | 3 | Jun 21, 2024 | 21 | Jul 23, 2024 | 24 |