New ETF Alert: Europe’s First Passive CLO ETF Launched by Palmer Square Capital Management
ETF Overview
An actively managed ETF that seeks to generate attractive yield as well as total return through a flexible mandate that will be allocated across a diverse mix of relative value credit opportunities within CLOs, corporate credit, asset-backed securities, and bank loans.
ETF Details
Palmer Square Credit Opportunities ETF (PSQO) seeks a high level of current income. As a secondary objective, the Fund seeks long-term capital appreciation.
Inception Date
Sep 11, 2024
Total Net Assets
As of
$80,761,226
Gross Annual Expense Ratio
As of most recent prospectus
0.50%
Net Annual Expense Ratio
As of most recent prospectus
0.50%
CUSIP
696930106
NAV Ticker
PSQOXX
Exchange
NYSE ARCA
Benchmark
Bloomberg U.S. Corporate 1-3 Year Index
Performance
as of market close Aug 27, 2025
Daily NAV
$20.71
1-Day Change
$0.01 (0.05%)
YTD Return
4.69%
Returns
As of Jun 30, 2025
Quarter-End
Type |
Q2 2025 | YTD | Inception* |
|---|---|---|---|
| NAV | 2.10% | 3.58% | 5.77% |
| Market Price | 1.84% | 3.53% | 5.77% |
| Bloomberg U.S. Corporate 1-3 Year Index | 1.49% | 3.13% | 3.65% |
*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 Jul 31, 2025
30 Day SEC Yield with Waivers
5.59%
Distribution Yield at NAV 12-Month
--
30 Day SEC Yield without Waivers
5.59%
Distribution Frequency
Quarterly
Pricing Data
as of market close Aug 27, 2025
Closing Market Price
$20.71
Bid/Ask Midpoint
$20.70
Day High
$20.71
Day Low
$20.69
Trading Volume (Shares)
4,587
Premium/Discount
0.04%
30-Day Median Bid/Ask Spread
0.15%
Shares Outstanding
As of
3.90M