ETF Overview
A passively managed ETF that invests in the AAA and AA debt tranches of the U.S. CLO universe and seeks to replicate the performance, before fees and expenses, of the Palmer Square CLO Senior Debt Index, a proprietary, research-driven, and rules-based index that seeks to define the highest quality and most liquid segments of AAA and AA tranches of the CLO senior debt universe of assets.
Palmer Square CLO Senior Debt ETF (PSQA) seeks to provide investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of Palmer Square CLO Senior Debt Index.
Inception Date
Sep 11, 2024
Total Net Assets
As of
$46,761,461
Gross Annual Expense Ratio
As of most recent prospectus
0.20%
Net Annual Expense Ratio
As of most recent prospectus
0.20%
CUSIP
696930205
NAV Ticker
PSQAXX
Exchange
NYSE ARCA
Benchmark
Palmer Square CLO Senior Debt Index (CLOSE)
Performance
as of market close Oct 6, 2025
Daily NAV
$20.33
1-Day Change
$0.01 (0.05%)
YTD Return
4.46%
Returns
As of Jun 30, 2025
Quarter-End
Type |
Q2 2025 | YTD | Inception* |
|---|---|---|---|
| NAV | 1.54% | 2.84% | 4.96% |
| Market Price | 0.59% | 2.79% | 4.96% |
| Palmer Square CLO Senior Debt Index | 1.53% | 2.83% | 4.87% |
*Inception Date: 9/11/2024
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold. Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized. Returns less than one year are cumulative.
Yields as of Aug 31, 2025
30 Day SEC Yield with Waivers
5.32%
Distribution Yield at NAV 12-Month
0.05%
30 Day SEC Yield without Waivers
5.32%
Distribution Frequency
Quarterly
Pricing Data
as of market close Oct 6, 2025
Closing Market Price
$20.33
Bid/Ask Midpoint
$20.34
Day High
$20.35
Day Low
$20.32
Trading Volume (Shares)
24,360
Premium/Discount
0.06%
30-Day Median Bid/Ask Spread
0.15%
Shares Outstanding
As of
2.30M