Palmer Square CLO Senior Debt ETF (PSQA)
Palmer Square CLO Senior Debt ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Mission Woods, KS, US. The stock last traded at $20.47, down 0.68% on the session, giving a market capitalisation of $47.0M. Its beta of 0.06 implies it has historically moved less than the broad market.
This index measures the total return and observable pricing of CLO debt available in the U.S. market. It adheres to a rules-based methodology, specifically including debt that, at its initial offering, received a AAA or AA rating from at least one primary credit rating agency, or an equivalent assessment by Palmer Square Capital Management LLC. The fund's advisor employs an indexing methodology to pursue its investment goals. Notably, the fund is non-diversified.
Palmer Square CLO Senior Debt ETF is most often compared with the following Financial Services names: