XAI Madison Equity Premium Income Fund (MCN) vs Sound Point Meridian Capital (SPMC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Sound Point Meridian Capital is the larger company by market cap ($169.6 million vs $110.4 million), about 1.5 times the size. Sound Point Meridian Capital offers the higher dividend yield (34.67% vs 13.69%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MCN | SPMC |
|---|---|---|
| Share price | $5.26 | $8.22 |
| Market cap | $110.43M | $169.57M |
| 1-day change | +0.38% | -0.12% |
| P/E ratio (TTM) | 18.14 | — |
| Forward P/E | — | 6.15 |
| EPS (TTM) | $0.29 | $-6.15 |
| Dividend yield | 13.69% | 34.67% |
| Annual dividend | $0.72 | $2.85 |
| 52-week high | $6.30 | $17.75 |
| 52-week low | $5.18 | $7.82 |
| Distance from 52-week high | -16.51% | -53.69% |
| Analyst consensus | — | buy |
| Avg. price target upside | — | +27.74% |
| Average volume | 52.86K | 25.31K |
| Shares outstanding | 20.99M | 20.63M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Sound Point Meridian Capital offers a meaningfully higher dividend yield (34.67% vs 13.69%).
About XAI Madison Equity Premium Income Fund
MCN stock →XAI Madison Equity Premium Income Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC.
Financial Services · Asset Management
About Sound Point Meridian Capital
SPMC stock →Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S.
Financial Services · Asset Management
MCN vs SPMC FAQ
Which is bigger, XAI Madison Equity Premium Income Fund or Sound Point Meridian Capital?
Sound Point Meridian Capital (SPMC) is larger, with a market capitalization of $169.57M compared with $110.43M for XAI Madison Equity Premium Income Fund (MCN).
Which pays a higher dividend, XAI Madison Equity Premium Income Fund or Sound Point Meridian Capital?
Sound Point Meridian Capital has the higher yield at 34.67%, compared with 13.69% for XAI Madison Equity Premium Income Fund.
Are XAI Madison Equity Premium Income Fund and Sound Point Meridian Capital in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.