Palmer Square Income Plus T (PSTPX)
| Fund Assets | 1.04B |
| Expense Ratio | 0.62% |
| Min. Investment | $5,000,000 |
| Turnover | 97.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.16 |
| YTD Return | 0.59% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 10.10 |
| 52-Week High | 10.22 |
| Beta (5Y) | n/a |
| Holdings | 439 |
| Inception Date | Feb 29, 2024 |
About PSTPX
Palmer Square Income Plus T Fund is an actively managed mutual fund designed to provide diversified income primarily through investments in both investment grade and non-investment grade floating rate securities. Its central purpose is to generate income, with capital appreciation as a secondary objective, and it achieves this through a flexible mandate that allocates assets across a broad spectrum of corporate credit and structured credit instruments—including corporate bonds, bank loans, collateralized loan obligations (CLOs), commercial and residential mortgage-backed securities (CMBS, RMBS), asset-backed securities (ABS), and U.S. Treasury securities. A distinctive characteristic of the fund is its **low interest rate duration**, which reduces sensitivity to interest rate fluctuations and aims to preserve capital in different market conditions. The portfolio is weighted towards high credit quality, with a significant proportion in investment grade securities, while also maintaining a tactical exposure to high-yield bonds and senior CLO debt for enhanced return potential. Palmer Square Income Plus T Fund occupies a strategic niche within the fixed income market by emphasizing diversified credit exposure and dynamic asset allocation. This approach enables it to respond to evolving market opportunities and risks, offering investors access to income with moderate risk and the potential for incremental total returns.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PSYPX | Class I | 0.74% |
Top 10 Holdings
18.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Colchester Street Trust - Treasury Portfolio | FISXX | 2.99% |
| United States Treasury Bill | 912797QZ | 2.30% |
| US TREASURY N/B - United States Treasury Note | 91282CGH | 2.13% |
| United States Treasury Bill | 912797SF | 1.93% |
| United States Treasury Bill | 912797QG | 1.85% |
| United States Treasury Bill | 912797QR | 1.85% |
| US TREASURY N/B - United States Treasury Note | 91282CJW | 1.79% |
| United States Treasury Bill | 912797RN | 1.39% |
| United States Treasury Bill | 912797QE | 1.02% |
| United States Treasury Bill | 912797RW | 1.01% |