Palmer Square Ultra-Short Dur IG (PSDSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

20.03

+0.01 (0.05%)

Aug 26, 2026, 4:00 PM EST

-0.25% (1Y)

Fund Assets	50.90M
Expense Ratio	0.50%
Min. Investment	$250,000
Turnover	124.00%
Dividend (ttm)	0.64
Dividend Yield	3.19%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Mar 25, 2026

Previous Close	20.02
YTD Return	1.75%
1-Year Return	3.29%
5-Year Return	14.88%
52-Week Low	19.86
52-Week High	20.15
Beta (5Y)	0.05
Holdings	118
Inception Date	Oct 7, 2016

About PSDSX

Palmer Square Ultra-Short Duration Investment Grade Fund is an institutional mutual fund specializing in ultra-short duration, high-quality fixed income securities. Its primary objective is to generate income while maintaining a secondary focus on capital appreciation. The fund invests at least 80% of its net assets in U.S. dollar-denominated, investment grade debt instruments—including fixed and floating rate corporate bonds, collateralized loan obligations (CLOs), traditional asset-backed securities, and commercial paper—while maintaining an average portfolio duration of less than two years, often closer to half a year. This structure aims to limit interest rate sensitivity and overall portfolio volatility. By holding a diversified basket of securities—157 holdings as of the latest data—the fund targets capital preservation with a competitive yield compared to money market alternatives. With a minimum investment threshold typically suited for institutional or high-net-worth clients, the fund plays a significant role for investors seeking short-term, lower-risk allocations within the fixed income segment, positioned strategically between money market products and short-term bond funds in terms of yield and risk profile.

Fund Family Palmer Square Capital Management LLC

Category Ultrashort Bond

Performance Rating Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol PSDSX

Index ICE BofA U.S. T-Bills 0-3 Months TR

Performance

PSDSX had a total return of 3.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.29%.

Dividend History

Ex-Dividend	Amount	Pay Date
Mar 25, 2026	$0.16116	Mar 31, 2026
Dec 23, 2025	$0.26668	Dec 23, 2025
Sep 19, 2025	$0.2334	Sep 19, 2025

Full Dividend History